Narrative Update • Apr 23
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedMay 09, 2026
DataAggregated Company Financials
Companies24
- 7D0.7%
- 3M10.9%
- 1Y81.7%
- YTDn/a
Over the last 7 days, the Aluminum industry has remained flat. The past year has been better, since the industry has gained 82% in that time. As for the next few years, earnings are expected to grow by 9.6% 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 |
|---|---|---|---|---|---|---|
| Sun, 10 May 2026 | ₹3.1t | ₹2.9t | ₹220.6b | 19.6x | 14.3x | 1.1x |
| Tue, 07 Apr 2026 | ₹2.9t | ₹2.9t | ₹223.9b | 14.2x | 12.9x | 1x |
| Thu, 05 Mar 2026 | ₹2.8t | ₹2.9t | ₹223.9b | 15.2x | 12.6x | 1x |
| Sat, 31 Jan 2026 | ₹2.9t | ₹2.8t | ₹240.4b | 22.4x | 12.2x | 1.1x |
| Mon, 29 Dec 2025 | ₹2.6t | ₹2.8t | ₹240.6b | 21.6x | 10.7x | 0.9x |
| Wed, 26 Nov 2025 | ₹2.3t | ₹2.8t | ₹240.6b | 18.5x | 9.5x | 0.8x |
| Fri, 24 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.4b | 19.6x | 9.8x | 0.8x |
| Sun, 21 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 21x | 9.2x | 0.8x |
| Tue, 19 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.2b | 18.9x | 8.7x | 0.7x |
| Thu, 17 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.6x | 8.7x | 0.7x |
| Sat, 14 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.2b | 23.6x | 8.4x | 0.7x |
| Mon, 12 May 2025 | ₹1.7t | ₹2.5t | ₹182.5b | 16.3x | 9.4x | 0.7x |
| Wed, 09 Apr 2025 | ₹1.6t | ₹2.5t | ₹182.6b | 17.6x | 8.6x | 0.6x |
| Fri, 07 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 17.3x | 10.4x | 0.8x |
| Sun, 02 Feb 2025 | ₹1.7t | ₹2.4t | ₹157.8b | 21.2x | 11x | 0.7x |
| Tue, 31 Dec 2024 | ₹1.8t | ₹2.4t | ₹158.2b | 23.7x | 11.2x | 0.7x |
| Thu, 28 Nov 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 22x | 12.5x | 0.8x |
| Sat, 26 Oct 2024 | ₹2.0t | ₹2.4t | ₹134.2b | 23.2x | 14.6x | 0.8x |
| Mon, 23 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.4x | 14.4x | 0.8x |
| Wed, 21 Aug 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 24.5x | 13.9x | 0.8x |
| Fri, 19 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.3x | 15.4x | 0.8x |
| Sun, 16 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.8x | 15.3x | 0.8x |
| Tue, 14 May 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 20.6x | 15.9x | 0.8x |
| Thu, 11 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 21.8x | 15.4x | 0.7x |
| Sat, 09 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.8x | 13.8x | 0.7x |
| Mon, 05 Feb 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 22.1x | 16.3x | 0.7x |
| Wed, 03 Jan 2024 | ₹1.7t | ₹2.4t | ₹100.2b | 20.1x | 17x | 0.7x |
| Fri, 01 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15.6x | 13.6x | 0.6x |
| Sun, 29 Oct 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 21.4x | 12.3x | 0.5x |
| Tue, 26 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21.1x | 12.6x | 0.5x |
| Thu, 24 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15x | 12.3x | 0.5x |
| Sat, 22 Jul 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 13.9x | 9.9x | 0.5x |
| Mon, 19 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.7x | 9.7x | 0.5x |
| Wed, 17 May 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 10.4x | 7.9x | 0.5x |
Price to Earnings Ratio
7.9x
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 14.3x which is higher than its 3-year average PE of 12.1x.
- The 3-year average PS ratio of 0.74x 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 17% per year over the last three years.
- Revenues for these companies have grown 5.6% 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 | 2.14% | |
| Materials | 3.60% | |
| Metals and Mining | 2.78% | |
| Aluminum | 0.68% | |
| Diversified Metals and Mining | 8.02% | |
| Copper | 6.34% | |
| Steel | 1.70% | |
| Gold | -2.58% | |
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 | ₹1.04k | 0.6% +₹14.2b | 66.4% | PE14.4x | |
| NATIONALUM National Aluminium | ₹401.95 | 0.7% +₹4.9b | 156.3% | PE12.7x | |
| MMP MMP Industries | ₹289.22 | 17.5% +₹1.1b | 19.9% | PE30.8x | |
| 509567 Goa Carbon | ₹424.65 | 14.8% +₹500.1m | -0.6% | PS0.5x | |
| 539151 Arfin India | ₹96.20 | 1.9% +₹305.4m | 272.9% | PE177.2x |