Indian (NIFTY) Aluminum Industry Analysis
UpdatedJun 05, 2023
DataAggregated Company Financials
Companies19
- 7D1.6%
- 3M1.9%
- 1Y2.3%
- YTD-11.0%
In the last week, the Aluminum industry is up 1.6%, with Manaksia up 13%. The industry has been flat over the past 12 months despite the gain this week. Earnings are forecast to grow by 4.7% annually.
Industry Valuation and Performance
Has the Indian Aluminum Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 05 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 16.7x | 9.5x | 0.5x |
| Wed, 03 May 2023 | ₹1.2t | ₹2.4t | ₹138.6b | 12.2x | 8.3x | 0.5x |
| Fri, 31 Mar 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 8.2x | 7.6x | 0.4x |
| Sun, 26 Feb 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 10.9x | 7.9x | 0.4x |
| Tue, 24 Jan 2023 | ₹1.3t | ₹2.4t | ₹167.4b | 10.3x | 7.7x | 0.5x |
| Thu, 22 Dec 2022 | ₹1.2t | ₹2.4t | ₹167.3b | 10.4x | 7x | 0.5x |
| Sat, 19 Nov 2022 | ₹1.1t | ₹2.4t | ₹167.3b | 9.5x | 6.7x | 0.5x |
| Mon, 17 Oct 2022 | ₹1.0t | ₹2.3t | ₹185.4b | 10.3x | 5.6x | 0.4x |
| Wed, 14 Sep 2022 | ₹1.1t | ₹2.3t | ₹185.4b | 10.3x | 6.1x | 0.5x |
| Fri, 12 Aug 2022 | ₹1.1t | ₹2.3t | ₹185.5b | 7.6x | 6.1x | 0.5x |
| Sun, 10 Jul 2022 | ₹955.4b | ₹2.1t | ₹174.6b | 10.6x | 5.5x | 0.4x |
| Tue, 07 Jun 2022 | ₹1.1t | ₹2.1t | ₹174.6b | 10.8x | 6.3x | 0.5x |
| Thu, 05 May 2022 | ₹1.2t | ₹2.0t | ₹153.8b | 13.7x | 8.1x | 0.6x |
| Sat, 02 Apr 2022 | ₹1.5t | ₹2.0t | ₹153.7b | 13.2x | 9.9x | 0.8x |
| Mon, 28 Feb 2022 | ₹1.4t | ₹2.0t | ₹153.7b | 11.4x | 9.3x | 0.7x |
| Wed, 26 Jan 2022 | ₹1.3t | ₹1.8t | ₹131.0b | 10x | 9.9x | 0.7x |
| Fri, 24 Dec 2021 | ₹1.2t | ₹1.8t | ₹131.0b | 9.1x | 9.4x | 0.7x |
| Sun, 21 Nov 2021 | ₹1.2t | ₹1.8t | ₹130.9b | 9.2x | 9x | 0.7x |
| Tue, 19 Oct 2021 | ₹1.5t | ₹1.6t | ₹107.9b | 12.7x | 13.5x | 0.9x |
| Thu, 16 Sep 2021 | ₹1.3t | ₹1.6t | ₹107.9b | 11.4x | 11.8x | 0.8x |
| Sat, 14 Aug 2021 | ₹1.2t | ₹1.6t | ₹107.9b | 12.3x | 10.8x | 0.7x |
| Wed, 09 Jun 2021 | ₹1.0t | ₹1.4t | ₹65.8b | 10.8x | 15.7x | 0.7x |
| Tue, 02 Mar 2021 | ₹884.1b | ₹1.3t | ₹44.3b | 15.4x | 19.9x | 0.7x |
| Fri, 04 Dec 2020 | ₹587.4b | ₹1.3t | ₹31.7b | 15.8x | 18.5x | 0.5x |
| Mon, 07 Sep 2020 | ₹490.4b | ₹1.2t | ₹22.1b | 16.7x | 22.2x | 0.4x |
Price to Earnings Ratio
17.9x
Current Industry PE
- Investors are pessimistic on the Indian Aluminum industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 9.5x which is lower than its 3-year average PE of 11.1x.
- The industry is trading close to its 3-year average PS ratio of 0.55x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 75% per year over the last three years.
- Revenues for these companies have grown 25% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Aluminum compare with similar industries?
| IN Market | 0.85% | |
| Materials | 1.21% | |
| Metals and Mining | 0.72% | |
| Aluminum | 1.60% | |
| Copper | 6.36% | |
| Gold | 3.34% | |
| Steel | 1.59% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Diversified Metals and Mining | -2.33% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 532932 Manaksia | ₹184.30 | 13.1% +₹1.4b | 112.4% | PE11.3x | |
| MAANALU Maan Aluminium | ₹249.45 | 27.2% +₹722.0m | 107.5% | PE6.7x | |
| ARFIN Arfin India | ₹29.22 | 10.9% +₹457.7m | 126.7% | PE45x | |
| 509567 Goa Carbon | ₹488.70 | 6.6% +₹275.0m | 9.3% | PE5.5x | |
| 539045 Manaksia Aluminium | ₹23.10 | 11.1% +₹151.4m | 7.9% | PE17.1x |