Narrative Update • Jun 18
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJun 23, 2026
DataAggregated Company Financials
Companies26
- 7D-1.3%
- 3M15.4%
- 1Y62.3%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 1.3%, driven by a pullback from Vedanta Aluminium Metal of 3.1%. This takes the industry's 12 month performance to a gain of 62%. As for the next few years, earnings are expected to grow by 14% per annum.
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 |
|---|---|---|---|---|---|---|
| Wed, 24 Jun 2026 | ₹5.0t | ₹3.1t | ₹195.3b | 15.8x | 25.4x | 1.6x |
| Fri, 22 May 2026 | ₹3.3t | ₹2.9t | ₹220.8b | 18.4x | 14.8x | 1.1x |
| Sun, 19 Apr 2026 | ₹3.2t | ₹2.9t | ₹223.9b | 18.4x | 14.3x | 1.1x |
| Tue, 17 Mar 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 14.9x | 12.6x | 1x |
| Thu, 12 Feb 2026 | ₹2.9t | ₹2.8t | ₹240.8b | 19x | 12.1x | 1x |
| Sat, 10 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 22.5x | 11.3x | 1x |
| Mon, 08 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 21.6x | 9.9x | 0.9x |
| Wed, 05 Nov 2025 | ₹2.3t | ₹2.7t | ₹228.3b | 20.9x | 10.2x | 0.9x |
| Fri, 03 Oct 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.2x | 9.4x | 0.8x |
| Sun, 31 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.1b | 19.6x | 8.6x | 0.7x |
| Tue, 29 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.1x | 9x | 0.7x |
| Thu, 26 Jun 2025 | ₹1.9t | ₹2.6t | ₹214.3b | 18x | 8.8x | 0.7x |
| Sat, 24 May 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 18.2x | 8.5x | 0.7x |
| Mon, 21 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.6x | 9.2x | 0.7x |
| Wed, 19 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.5x | 10.6x | 0.8x |
| Fri, 14 Feb 2025 | ₹1.7t | ₹2.4t | ₹168.6b | 20.2x | 10.3x | 0.7x |
| Sun, 12 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 23.3x | 10.7x | 0.7x |
| Tue, 10 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 24.9x | 12.7x | 0.8x |
| Thu, 07 Nov 2024 | ₹2.1t | ₹2.4t | ₹134.3b | 24.8x | 15.5x | 0.9x |
| Sat, 05 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.1x | 15.8x | 0.9x |
| Mon, 02 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 27.9x | 14.5x | 0.8x |
| Wed, 31 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.3x | 14.9x | 0.8x |
| Fri, 28 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 21.9x | 15.2x | 0.8x |
| Sun, 26 May 2024 | ₹1.9t | ₹2.4t | ₹119.7b | 20.9x | 15.9x | 0.8x |
| Tue, 23 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.7x | 15.7x | 0.7x |
| Thu, 21 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.1x | 13.2x | 0.6x |
| Sat, 17 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.6x | 13.4x | 0.6x |
| Mon, 15 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 19x | 16.1x | 0.7x |
| Wed, 13 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15.2x | 13.9x | 0.6x |
| Fri, 10 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21.3x | 12.9x | 0.5x |
| Sun, 08 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.4x | 12.7x | 0.5x |
| Tue, 05 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 19x | 13.2x | 0.6x |
| Thu, 03 Aug 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.3x | 0.5x |
| Sat, 01 Jul 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.1x | 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 25.4x which is higher than its 3-year average PE of 12.4x.
- The 3-year average PS ratio of 0.77x is lower than the industry's current PS ratio of 1.6x.
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 8.0% 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 | 2.13% | |
| Materials | 0.83% | |
| Metals and Mining | 0.29% | |
| Aluminum | -1.32% | |
| Gold | 17.64% | |
| Diversified Metals and Mining | 1.65% | |
| Steel | 0.47% | |
| Copper | -0.91% | |
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 | ₹986.50 | 0.4% +₹9.1b | 47.3% | PE16.4x | |
| CMRGREEN CMR Green Technologies | ₹253.18 | 8.3% +₹4.2b | n/a | PE38.9x | |
| BAHETI Baheti Recycling Industries | ₹719.25 | 17.1% +₹1.1b | 23.6% | PE27.6x | |
| MMP MMP Industries | ₹277.75 | 4.8% +₹321.3m | 5.0% | PE22.8x | |
| 544506 Sharvaya Metals | ₹109.10 | 24.9% +₹218.2m | n/a | PE9.4x |