Baheti Recycling Industries' (NSE:BAHETI) Promising Earnings May Rest On Soft Foundations
Nov 24
Have your own idea? Try our Stock Screener
Indian (NIFTY) Aluminum Industry Analysis
UpdatedMar 23, 2026
DataAggregated Company Financials
Companies24
- 7D-4.0%
- 3M6.4%
- 1Y39.6%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 4.0%, driven by a pullback from Hindalco Industries of 3.9%. In contrast, Maan Aluminium has gained 5.7%. In the past year, the industry has gained 40%. As for the next few years, earnings are expected to grow by 8.9% 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 |
|---|---|---|---|---|---|---|
| Mon, 23 Mar 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 14.6x | 12.1x | 0.9x |
| Wed, 18 Feb 2026 | ₹2.7t | ₹2.9t | ₹223.9b | 15.9x | 12x | 0.9x |
| Fri, 16 Jan 2026 | ₹2.9t | ₹2.8t | ₹240.6b | 22.7x | 12x | 1x |
| Sun, 14 Dec 2025 | ₹2.5t | ₹2.8t | ₹240.6b | 21.2x | 10.2x | 0.9x |
| Tue, 11 Nov 2025 | ₹2.3t | ₹2.7t | ₹232.1b | 21.4x | 9.8x | 0.8x |
| Thu, 09 Oct 2025 | ₹2.2t | ₹2.7t | ₹228.3b | 22.8x | 9.5x | 0.8x |
| Sat, 06 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.1b | 20.3x | 9.2x | 0.8x |
| Mon, 04 Aug 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 17.8x | 8.7x | 0.7x |
| Wed, 02 Jul 2025 | ₹1.9t | ₹2.6t | ₹214.4b | 18.3x | 9x | 0.7x |
| Fri, 30 May 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 16.6x | 8.5x | 0.7x |
| Sun, 27 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 16.4x | 9.4x | 0.7x |
| Tue, 25 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 17.6x | 10.6x | 0.8x |
| Thu, 20 Feb 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.3x | 9.5x | 0.7x |
| Sat, 18 Jan 2025 | ₹1.8t | ₹2.4t | ₹158.2b | 22x | 11.3x | 0.7x |
| Mon, 16 Dec 2024 | ₹1.9t | ₹2.4t | ₹158.2b | 25.3x | 12.3x | 0.8x |
| Wed, 13 Nov 2024 | ₹1.9t | ₹2.4t | ₹151.0b | 23.6x | 12.7x | 0.8x |
| Fri, 11 Oct 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 25.2x | 15.4x | 0.9x |
| Sun, 08 Sep 2024 | ₹1.9t | ₹2.4t | ₹134.2b | 26.7x | 13.8x | 0.8x |
| Tue, 06 Aug 2024 | ₹1.7t | ₹2.3t | ₹125.6b | 21.9x | 13.8x | 0.7x |
| Thu, 04 Jul 2024 | ₹1.9t | ₹2.3t | ₹125.6b | 22.6x | 15.5x | 0.8x |
| Sat, 01 Jun 2024 | ₹1.9t | ₹2.4t | ₹124.5b | 17.7x | 15.5x | 0.8x |
| Mon, 29 Apr 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 21.9x | 16.4x | 0.8x |
| Wed, 27 Mar 2024 | ₹1.6t | ₹2.3t | ₹112.1b | 19x | 14x | 0.7x |
| Fri, 23 Feb 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 20.6x | 13.5x | 0.6x |
| Sun, 21 Jan 2024 | ₹1.5t | ₹2.4t | ₹100.3b | 19.3x | 15.3x | 0.7x |
| Tue, 19 Dec 2023 | ₹1.5t | ₹2.4t | ₹100.2b | 16.7x | 15.1x | 0.6x |
| Thu, 16 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 16.1x | 13.4x | 0.6x |
| Sat, 14 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.7x | 13x | 0.5x |
| Mon, 11 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22.3x | 12.9x | 0.5x |
| Wed, 09 Aug 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.3x | 0.5x |
| Fri, 07 Jul 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 15.4x | 9.6x | 0.5x |
| Sun, 04 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.4b | 13.6x | 9.5x | 0.5x |
| Tue, 02 May 2023 | ₹1.2t | ₹2.4t | ₹138.6b | 12.1x | 8.3x | 0.5x |
| Thu, 30 Mar 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 8.2x | 7.6x | 0.4x |
Price to Earnings Ratio
7.6x
Current Industry PE
- Investors are relatively neutral on the Indian Aluminum industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 11.9x.
- The industry is trading close to its 3-year average PS ratio of 0.71x.
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 | -0.17% | |
| Materials | 0.21% | |
| Metals and Mining | 0.69% | |
| Aluminum | -3.99% | |
| Steel | 3.81% | |
| Gold | 2.83% | |
| Copper | -1.51% | |
| Diversified Metals and Mining | -4.10% | |
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 | ₹76.24 | 2.6% +₹327.3m | 156.2% | PE140.4x | |
| MAANALU Maan Aluminium | ₹129.37 | 3.6% +₹271.1m | 45.1% | PE50.8x | |
| 504879 Orient Ceratech | ₹36.40 | 4.1% +₹169.9m | 4.8% | PE22.1x | |
| 506003 Sudal Industries | ₹53.15 | 7.2% +₹29.8m | 24.9% | PE24.6x | |
| 539121 Palco Metals | ₹96.25 | 5.5% +₹20.0m | -57.2% | PE12.7x |