Analysis Article • Jun 01
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJun 01, 2026
DataAggregated Company Financials
Companies24
- 7D2.1%
- 3M18.8%
- 1Y88.1%
- YTDn/a
In the last week, the Aluminum industry is up 2.1%, with Hindalco Industries up 3.8%. Meanwhile, Arfin India actually underperformed within the industry, shrinking 8.2% in the last week. This takes the industry's 12 month performance to a gain of 88%. Earnings are forecast to grow by 17% 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 |
|---|---|---|---|---|---|---|
| Tue, 02 Jun 2026 | ₹3.4t | ₹3.0t | ₹194.0b | 19.4x | 17.4x | 1.1x |
| Thu, 30 Apr 2026 | ₹3.3t | ₹2.9t | ₹223.9b | 19.2x | 14.5x | 1.1x |
| Sat, 28 Mar 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 13.8x | 12x | 0.9x |
| Mon, 23 Feb 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 18.4x | 12.5x | 1x |
| Wed, 21 Jan 2026 | ₹2.8t | ₹2.8t | ₹240.6b | 22x | 11.7x | 1x |
| Fri, 19 Dec 2025 | ₹2.5t | ₹2.8t | ₹240.6b | 20.9x | 10.3x | 0.9x |
| Sun, 16 Nov 2025 | ₹2.3t | ₹2.8t | ₹240.5b | 21.4x | 9.7x | 0.8x |
| Tue, 14 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.4b | 20.9x | 9.6x | 0.8x |
| Thu, 11 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.1b | 20.2x | 9.1x | 0.8x |
| Sat, 09 Aug 2025 | ₹1.9t | ₹2.6t | ₹219.0b | 17.9x | 8.6x | 0.7x |
| Mon, 07 Jul 2025 | ₹2.0t | ₹2.6t | ₹214.4b | 19.6x | 9.1x | 0.7x |
| Wed, 04 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 16.7x | 8.3x | 0.7x |
| Fri, 02 May 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.7x | 9.4x | 0.7x |
| Sun, 30 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.7x | 10.3x | 0.8x |
| Tue, 25 Feb 2025 | ₹1.8t | ₹2.5t | ₹182.6b | 18.4x | 9.9x | 0.7x |
| Thu, 23 Jan 2025 | ₹1.8t | ₹2.4t | ₹158.2b | 21.1x | 11.3x | 0.7x |
| Sat, 21 Dec 2024 | ₹1.8t | ₹2.4t | ₹158.2b | 23.7x | 11.6x | 0.8x |
| Mon, 18 Nov 2024 | ₹1.8t | ₹2.4t | ₹158.2b | 21.3x | 11.7x | 0.8x |
| Wed, 16 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.2x | 15.4x | 0.9x |
| Fri, 13 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.3x | 14x | 0.8x |
| Sun, 11 Aug 2024 | ₹1.8t | ₹2.3t | ₹125.5b | 23.2x | 14x | 0.7x |
| Tue, 09 Jul 2024 | ₹2.0t | ₹2.3t | ₹125.6b | 23.4x | 15.8x | 0.8x |
| Thu, 06 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 21.5x | 15.3x | 0.8x |
| Sat, 04 May 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.4x | 16.3x | 0.8x |
| Mon, 01 Apr 2024 | ₹1.6t | ₹2.3t | ₹112.1b | 18.7x | 14x | 0.7x |
| Wed, 28 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.9x | 13.1x | 0.6x |
| Fri, 26 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 19.4x | 15.7x | 0.7x |
| Sun, 24 Dec 2023 | ₹1.5t | ₹2.4t | ₹100.2b | 16.6x | 15.2x | 0.6x |
| Tue, 21 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 15.3x | 13.2x | 0.6x |
| Thu, 19 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.4x | 13.1x | 0.5x |
| Sat, 16 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.5x | 13.4x | 0.6x |
| Mon, 14 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.7b | 15.2x | 12.4x | 0.5x |
| Wed, 12 Jul 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 14.7x | 9.6x | 0.5x |
| Fri, 09 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.1b | 16.2x | 9.5x | 0.5x |
Price to Earnings Ratio
9.5x
Current Industry PE
- Investors are optimistic on the Indian Aluminum industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 17.4x which is higher than its 3-year average PE of 12.2x.
- The 3-year average PS ratio of 0.75x is lower than the industry's current PS ratio of 1.1x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 7.3% 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 | 0.42% | |
| Materials | 0.41% | |
| Metals and Mining | 0.88% | |
| Aluminum | 2.08% | |
| Gold | 13.51% | |
| Diversified Metals and Mining | 1.98% | |
| Steel | 0.35% | |
| Copper | -1.27% | |
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 | |
|---|---|---|---|---|---|
| 500440 Hindalco Industries | ₹1.14k | 3.8% +₹92.8b | 80.7% | PE18.9x | |
| NATIONALUM National Aluminium | ₹434.20 | 7.7% +₹57.3b | 140.2% | PE13.8x | |
| 513307 Belding India | ₹1.57k | 10.0% +₹2.1b | 269.0% | PS81218.6x | |
| JAINIK Jainik Power Cables | ₹153.00 | 9.3% +₹186.5m | n/a | PE20.1x | |
| 539121 Palco Metals | ₹149.65 | 18.8% +₹94.8m | -23.7% | PE9.4x |