Narrative Update • Jun 18
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJul 01, 2026
DataAggregated Company Financials
Companies26
- 7D-3.2%
- 3M0.5%
- 1Y45.4%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 3.2%, driven by Hindalco Industries declining 3.0%. In contrast, Belding India has gained 9.1%. This takes the industry's 12 month performance to a gain of 45%. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Wed, 01 Jul 2026 | ₹2.9t | ₹3.1t | ₹195.3b | 16.7x | 14.8x | 0.9x |
| Fri, 29 May 2026 | ₹3.4t | ₹3.0t | ₹194.0b | 19.1x | 17.7x | 1.1x |
| Sun, 26 Apr 2026 | ₹3.2t | ₹2.9t | ₹223.9b | 19.2x | 14.4x | 1.1x |
| Tue, 24 Mar 2026 | ₹2.6t | ₹2.9t | ₹223.9b | 14.1x | 11.5x | 0.9x |
| Thu, 19 Feb 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 17.7x | 12.1x | 0.9x |
| Sat, 17 Jan 2026 | ₹2.8t | ₹2.8t | ₹240.6b | 22.6x | 11.8x | 1x |
| Mon, 15 Dec 2025 | ₹2.5t | ₹2.8t | ₹240.6b | 21.2x | 10.2x | 0.9x |
| Wed, 12 Nov 2025 | ₹2.3t | ₹2.8t | ₹240.5b | 21.2x | 9.6x | 0.8x |
| Fri, 10 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.3b | 22.3x | 9.6x | 0.8x |
| Sun, 07 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.1b | 20.3x | 9.2x | 0.8x |
| Tue, 05 Aug 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 17.7x | 9x | 0.7x |
| Thu, 03 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 19.6x | 9.1x | 0.7x |
| Sat, 31 May 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 16.7x | 8.3x | 0.7x |
| Mon, 28 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.4x | 9.4x | 0.7x |
| Wed, 26 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 17.4x | 10.5x | 0.8x |
| Fri, 21 Feb 2025 | ₹1.8t | ₹2.5t | ₹182.6b | 18.9x | 9.9x | 0.7x |
| Sun, 19 Jan 2025 | ₹1.8t | ₹2.4t | ₹158.2b | 22x | 11.3x | 0.7x |
| Tue, 17 Dec 2024 | ₹1.9t | ₹2.4t | ₹158.2b | 25.7x | 12.1x | 0.8x |
| Thu, 14 Nov 2024 | ₹1.8t | ₹2.4t | ₹151.0b | 22.7x | 12.2x | 0.8x |
| Sat, 12 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.4x | 15.8x | 0.9x |
| Mon, 09 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.7x | 13.8x | 0.8x |
| Wed, 07 Aug 2024 | ₹1.7t | ₹2.3t | ₹125.6b | 22.2x | 13.7x | 0.7x |
| Fri, 05 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 22.8x | 15.5x | 0.8x |
| Sun, 02 Jun 2024 | ₹1.9t | ₹2.4t | ₹124.5b | 17.7x | 15.5x | 0.8x |
| Tue, 30 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.9x | 16.4x | 0.8x |
| Thu, 28 Mar 2024 | ₹1.6t | ₹2.3t | ₹112.1b | 19.1x | 14x | 0.7x |
| Sat, 24 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.5x | 13.4x | 0.6x |
| Mon, 22 Jan 2024 | ₹1.5t | ₹2.4t | ₹100.3b | 19.5x | 15.4x | 0.7x |
| Wed, 20 Dec 2023 | ₹1.5t | ₹2.4t | ₹100.2b | 16.3x | 15.1x | 0.6x |
| Fri, 17 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 16x | 13.4x | 0.6x |
| Sun, 15 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.7x | 13x | 0.5x |
| Tue, 12 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.6x | 13.1x | 0.5x |
| Thu, 10 Aug 2023 | ₹1.3t | ₹2.4t | ₹101.8b | 14.5x | 12.4x | 0.5x |
| Sat, 08 Jul 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.4x | 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 14.8x which is higher than its 3-year average PE of 12.5x.
- The industry is trading close to its 3-year average PS ratio of 0.77x.
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 | -0.26% | |
| Materials | -0.99% | |
| Metals and Mining | -1.65% | |
| Aluminum | -3.24% | |
| Copper | 0.083% | |
| Steel | -1.24% | |
| Diversified Metals and Mining | -2.13% | |
| Gold | -9.08% | |
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 | |
|---|---|---|---|---|---|
| 513307 Belding India | ₹1.48k | 5.5% +₹1.1b | 247.1% | PS76396.6x | |
| BAHETI Baheti Recycling Industries | ₹744.20 | 3.1% +₹231.7m | 26.0% | PE28.5x | |
| JAINIK Jainik Power Cables | ₹162.10 | 11.0% +₹231.0m | 159.2% | PE16.6x | |
| 544452 Swastika Castal | ₹64.79 | 22.2% +₹96.3m | n/a | PE16.1x | |
| 512425 Nirav Commercials | ₹759.00 | 3.4% +₹9.7m | 7.2% | PE70.5x |