Analysis Article • May 18
Have your own idea? Try our Stock Screener
Indian (NIFTY) Aluminum Industry Analysis
UpdatedMay 22, 2026
DataAggregated Company Financials
Companies24
- 7D-0.9%
- 3M17.1%
- 1Y78.2%
- YTDn/a
Over the last 7 days, the Aluminum industry has remained flat. As for the the longer term, the industry is up 78% over the past 12 months. As for the next few years, earnings are expected to grow by 11% 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 |
|---|---|---|---|---|---|---|
| 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 |
| Mon, 29 May 2023 | ₹1.1t | ₹2.4t | ₹118.7b | 10.8x | 9.3x | 0.5x |
Price to Earnings Ratio
9.3x
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 14.8x 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 23% per year over the last three years.
- Revenues for these companies have grown 5.7% 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 | -0.16% | |
| Materials | -1.44% | |
| Metals and Mining | -3.38% | |
| Aluminum | -0.92% | |
| Gold | 19.52% | |
| Steel | -2.92% | |
| Diversified Metals and Mining | -6.08% | |
| Copper | -8.97% | |
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 | ₹1.11k | 4.0% +₹94.0b | 70.6% | PE15.3x | |
| NATIONALUM National Aluminium | ₹409.25 | 1.4% +₹10.4b | 122.6% | PE13x | |
| 539151 Arfin India | ₹94.51 | 3.9% +₹595.6m | 239.5% | PE103.2x | |
| MMP MMP Industries | ₹287.33 | 4.7% +₹328.7m | 4.1% | PE30.6x | |
| MAANALU Maan Aluminium | ₹143.59 | 3.0% +₹252.5m | 31.7% | PE56.4x |
