Narrative Update • Jun 18
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJun 19, 2026
DataAggregated Company Financials
Companies26
- 7D-1.0%
- 3M11.2%
- 1Y65.6%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 1.0%, driven by a pullback from Hindalco Industries of 1.2%. Meanwhile, Arfin India actually outperformed within the industry, gaining 16% in the last week. In the past year, the industry has gained 66%. Earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Sat, 20 Jun 2026 | ₹4.8t | ₹3.1t | ₹195.3b | 15.7x | 24.6x | 1.6x |
| Mon, 18 May 2026 | ₹3.2t | ₹2.9t | ₹220.7b | 18.8x | 14.5x | 1.1x |
| Wed, 15 Apr 2026 | ₹3.0t | ₹2.9t | ₹223.9b | 17x | 13.5x | 1.1x |
| Fri, 13 Mar 2026 | ₹3.0t | ₹2.9t | ₹223.9b | 15.2x | 13.3x | 1x |
| Sun, 08 Feb 2026 | ₹2.8t | ₹2.8t | ₹240.8b | 22.1x | 11.8x | 1x |
| Tue, 06 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 23.4x | 11.4x | 1x |
| Thu, 04 Dec 2025 | ₹2.4t | ₹2.8t | ₹240.6b | 22x | 9.8x | 0.8x |
| Sat, 01 Nov 2025 | ₹2.4t | ₹2.7t | ₹228.3b | 21.5x | 10.4x | 0.9x |
| Mon, 29 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.7x | 9.1x | 0.8x |
| Wed, 27 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.2b | 18.6x | 8.6x | 0.7x |
| Fri, 25 Jul 2025 | ₹2.0t | ₹2.6t | ₹214.4b | 19.5x | 9.1x | 0.8x |
| Sun, 22 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 17.5x | 8.5x | 0.7x |
| Tue, 20 May 2025 | ₹1.8t | ₹2.5t | ₹182.5b | 17.6x | 10.1x | 0.7x |
| Thu, 17 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.8x | 9.2x | 0.7x |
| Sat, 15 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.9x | 10.3x | 0.8x |
| Mon, 10 Feb 2025 | ₹1.8t | ₹2.4t | ₹157.7b | 22.1x | 11.2x | 0.7x |
| Wed, 08 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 23.4x | 10.9x | 0.7x |
| Fri, 06 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 23.5x | 12.6x | 0.8x |
| Sun, 03 Nov 2024 | ₹2.0t | ₹2.4t | ₹134.3b | 25.3x | 15x | 0.8x |
| Tue, 01 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 26x | 15.8x | 0.9x |
| Thu, 29 Aug 2024 | ₹2.0t | ₹2.4t | ₹134.2b | 28.6x | 14.6x | 0.8x |
| Sat, 27 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 23.6x | 15x | 0.8x |
| Mon, 24 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.9x | 15.4x | 0.8x |
| Wed, 22 May 2024 | ₹2.0t | ₹2.3t | ₹112.1b | 21.4x | 17.5x | 0.8x |
| Fri, 19 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 21.6x | 15.6x | 0.7x |
| Sun, 17 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.3x | 13.2x | 0.6x |
| Tue, 13 Feb 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 20.7x | 16.1x | 0.7x |
| Thu, 11 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 18.9x | 16x | 0.7x |
| Sat, 09 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 15x | 13.8x | 0.6x |
| Mon, 06 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21x | 12.7x | 0.5x |
| Wed, 04 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.7x | 13.2x | 0.6x |
| Fri, 01 Sep 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15x | 12.4x | 0.5x |
| Sun, 30 Jul 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.3x | 0.5x |
| Tue, 27 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.4x | 9.4x | 0.5x |
Price to Earnings Ratio
9.4x
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 24.6x which is higher than its 3-year average PE of 12.4x.
- The 3-year average PS ratio of 0.76x 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 | 5.06% | |
| Materials | 3.64% | |
| Metals and Mining | 2.39% | |
| Aluminum | -1.02% | |
| Gold | 40.91% | |
| Diversified Metals and Mining | 4.12% | |
| Steel | 2.58% | |
| Copper | 2.10% | |
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 | |
|---|---|---|---|---|---|
| 539151 Arfin India | ₹98.29 | 15.9% +₹2.3b | 313.9% | PE107.3x | |
| 513307 Belding India | ₹1.40k | 5.7% +₹1.1b | 228.9% | PS72391.7x | |
| BAHETI Baheti Recycling Industries | ₹714.80 | 17.0% +₹1.1b | 22.6% | PE27.4x | |
| 509567 Goa Carbon | ₹416.15 | 10.6% +₹363.8m | -11.7% | PS0.5x | |
| 504879 Orient Ceratech | ₹40.79 | 7.0% +₹320.6m | 14.8% | PE22.3x |