Narrative Update • May 13
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedMay 16, 2026
DataAggregated Company Financials
Companies24
- 7D1.7%
- 3M16.2%
- 1Y73.8%
- YTDn/a
The Aluminum industry is up 1.7% in the last week, with Hindalco Industries up 2.3%. In the same time, Arfin India was down 5.4%. This means that the industry has gained 74% over the past year. As for the next few years, earnings are expected to grow by 9.7% 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 |
|---|---|---|---|---|---|---|
| Sat, 16 May 2026 | ₹3.2t | ₹2.9t | ₹220.7b | 18.8x | 14.5x | 1.1x |
| Mon, 13 Apr 2026 | ₹3.1t | ₹2.9t | ₹223.9b | 16.7x | 13.6x | 1.1x |
| Wed, 11 Mar 2026 | ₹2.9t | ₹2.9t | ₹223.9b | 15.1x | 13x | 1x |
| Fri, 06 Feb 2026 | ₹2.8t | ₹2.8t | ₹240.8b | 23.3x | 11.8x | 1x |
| Sun, 04 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 23.7x | 11.3x | 1x |
| Tue, 02 Dec 2025 | ₹2.3t | ₹2.8t | ₹240.6b | 18.3x | 9.7x | 0.8x |
| Thu, 30 Oct 2025 | ₹2.4t | ₹2.7t | ₹228.4b | 20.2x | 10.5x | 0.9x |
| Sat, 27 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.7x | 9.1x | 0.8x |
| Mon, 25 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.2b | 18.7x | 8.6x | 0.7x |
| Wed, 23 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 19.1x | 9.1x | 0.7x |
| Fri, 20 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 16.9x | 8.4x | 0.7x |
| Sun, 18 May 2025 | ₹1.8t | ₹2.5t | ₹182.5b | 17.4x | 10x | 0.7x |
| Tue, 15 Apr 2025 | ₹1.6t | ₹2.5t | ₹182.6b | 17.6x | 9x | 0.7x |
| Thu, 13 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 17x | 10.5x | 0.8x |
| Sat, 08 Feb 2025 | ₹1.8t | ₹2.4t | ₹157.7b | 22.1x | 11.2x | 0.7x |
| Mon, 06 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 24x | 11x | 0.7x |
| Wed, 04 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 23.9x | 12.6x | 0.8x |
| Fri, 01 Nov 2024 | ₹2.0t | ₹2.4t | ₹134.3b | 24.5x | 14.9x | 0.8x |
| Sun, 29 Sep 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 26.4x | 15.6x | 0.9x |
| Tue, 27 Aug 2024 | ₹2.0t | ₹2.4t | ₹134.2b | 27.1x | 14.7x | 0.8x |
| Thu, 25 Jul 2024 | ₹1.8t | ₹2.3t | ₹125.6b | 21.9x | 14.7x | 0.8x |
| Sat, 22 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.9x | 15.4x | 0.8x |
| Mon, 20 May 2024 | ₹1.9t | ₹2.3t | ₹112.1b | 21.6x | 16.8x | 0.8x |
| Wed, 17 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 22x | 15.6x | 0.7x |
| Fri, 15 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.7x | 13.2x | 0.6x |
| Sun, 11 Feb 2024 | ₹1.7t | ₹2.4t | ₹100.3b | 22.7x | 16.5x | 0.7x |
| Tue, 09 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 17.9x | 15.9x | 0.7x |
| Thu, 07 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15.1x | 13.9x | 0.6x |
| Sat, 04 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21x | 12.7x | 0.5x |
| Mon, 02 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 23.5x | 13.2x | 0.6x |
| Wed, 30 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15.1x | 12.3x | 0.5x |
| Fri, 28 Jul 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.3x | 0.5x |
| Sun, 25 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.2x | 9.3x | 0.5x |
| Tue, 23 May 2023 | ₹1.1t | ₹2.4t | ₹138.5b | 10x | 7.8x | 0.4x |
Price to Earnings Ratio
7.8x
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 14.5x 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 | -2.79% | |
| Materials | -1.09% | |
| Metals and Mining | 0.29% | |
| Aluminum | 1.66% | |
| Diversified Metals and Mining | 3.18% | |
| Gold | 1.45% | |
| Copper | 0.23% | |
| Steel | -0.81% | |
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 | ₹1.07k | 2.3% +₹52.3b | 62.3% | PE14.7x | |
| NATIONALUM National Aluminium | ₹403.60 | 0.4% +₹3.0b | 127.8% | PE12.8x | |
| 544506 Sharvaya Metals | ₹124.35 | 9.1% +₹104.3m | n/a | PE7x | |
| 544520 Sampat Aluminium | ₹53.31 | 6.6% +₹28.1m | n/a | PE5.6x | |
| 531979 Hind Aluminium Industries | ₹109.20 | 3.7% +₹24.3m | 50.7% | PE7.3x |