Narrative Update • Jul 17
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Indian (NIFTY) Aluminum Industry Analysis
UpdatedJul 22, 2026
DataAggregated Company Financials
Companies27
- 7D-3.2%
- 3M-11.8%
- 1Y44.2%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 2.5%, driven by declines in Vedanta Aluminium Metal and Hindalco Industries of 2.9% and 2.4%, respectively. On the other hand Jainik Power Cables is actually up 29%. In the past year, the industry has gained 45%. Earnings are forecast to grow by 17% 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, 22 Jul 2026 | ₹2.9t | ₹3.1t | ₹197.6b | 20.8x | 14.7x | 0.9x |
| Fri, 19 Jun 2026 | ₹4.8t | ₹3.1t | ₹195.3b | 15.7x | 24.6x | 1.6x |
| Sun, 17 May 2026 | ₹3.2t | ₹2.9t | ₹220.7b | 18.8x | 14.5x | 1.1x |
| Tue, 14 Apr 2026 | ₹3.0t | ₹2.9t | ₹223.9b | 17x | 13.5x | 1.1x |
| Thu, 12 Mar 2026 | ₹2.9t | ₹2.9t | ₹223.9b | 15.2x | 13.1x | 1x |
| Sat, 07 Feb 2026 | ₹2.8t | ₹2.8t | ₹240.8b | 22.1x | 11.8x | 1x |
| Mon, 05 Jan 2026 | ₹2.7t | ₹2.8t | ₹240.6b | 23.7x | 11.3x | 1x |
| Wed, 03 Dec 2025 | ₹2.3t | ₹2.8t | ₹240.6b | 17.8x | 9.7x | 0.8x |
| Fri, 31 Oct 2025 | ₹2.4t | ₹2.7t | ₹228.4b | 21.2x | 10.6x | 0.9x |
| Sun, 28 Sep 2025 | ₹2.1t | ₹2.7t | ₹228.3b | 20.7x | 9.1x | 0.8x |
| Tue, 26 Aug 2025 | ₹2.0t | ₹2.7t | ₹228.2b | 18.4x | 8.7x | 0.7x |
| Thu, 24 Jul 2025 | ₹2.0t | ₹2.6t | ₹214.4b | 19.2x | 9.1x | 0.7x |
| Sat, 21 Jun 2025 | ₹1.8t | ₹2.6t | ₹214.3b | 17.5x | 8.5x | 0.7x |
| Mon, 19 May 2025 | ₹1.8t | ₹2.5t | ₹182.5b | 17.4x | 10x | 0.7x |
| Wed, 16 Apr 2025 | ₹1.7t | ₹2.5t | ₹182.6b | 17.5x | 9.3x | 0.7x |
| Fri, 14 Mar 2025 | ₹1.9t | ₹2.5t | ₹182.6b | 16.9x | 10.3x | 0.8x |
| Sun, 09 Feb 2025 | ₹1.8t | ₹2.4t | ₹157.6b | 22.1x | 11.2x | 0.7x |
| Tue, 07 Jan 2025 | ₹1.7t | ₹2.4t | ₹158.2b | 22.5x | 10.7x | 0.7x |
| Thu, 05 Dec 2024 | ₹2.0t | ₹2.4t | ₹158.2b | 23.1x | 12.5x | 0.8x |
| Sat, 02 Nov 2024 | ₹2.0t | ₹2.4t | ₹134.3b | 25.3x | 15x | 0.8x |
| Mon, 30 Sep 2024 | ₹2.1t | ₹2.4t | ₹134.2b | 26.4x | 15.6x | 0.9x |
| Wed, 28 Aug 2024 | ₹2.0t | ₹2.4t | ₹134.2b | 27.4x | 14.6x | 0.8x |
| Fri, 26 Jul 2024 | ₹1.8t | ₹2.3t | ₹125.6b | 22.2x | 14.5x | 0.8x |
| Sun, 23 Jun 2024 | ₹1.9t | ₹2.3t | ₹125.5b | 22.9x | 15.4x | 0.8x |
| Tue, 21 May 2024 | ₹1.9t | ₹2.3t | ₹112.1b | 21.6x | 16.8x | 0.8x |
| Thu, 18 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 22.3x | 15.5x | 0.7x |
| Sat, 16 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 18.3x | 13.2x | 0.6x |
| Mon, 12 Feb 2024 | ₹1.7t | ₹2.4t | ₹100.3b | 22.7x | 16.5x | 0.7x |
| Wed, 10 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.2b | 18.5x | 15.9x | 0.7x |
| Fri, 08 Dec 2023 | ₹1.4t | ₹2.4t | ₹100.2b | 14.9x | 13.7x | 0.6x |
| Sun, 05 Nov 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 21x | 12.7x | 0.5x |
| Tue, 03 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 23.5x | 13.2x | 0.6x |
| Thu, 31 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.6b | 15.2x | 12.3x | 0.5x |
| Sat, 29 Jul 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.4x | 10.3x | 0.5x |
Price to Earnings Ratio
10.3x
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 14.7x which is higher than its 3-year average PE of 12.6x.
- The industry is trading close to its 3-year average PS ratio of 0.78x.
Past Earnings Growth
- The earnings for companies in the Aluminum industry have grown 19% per year over the last three years.
- Revenues for these companies have grown 8.5% 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 | 0.77% | |
| Materials | 1.80% | |
| Metals and Mining | -0.078% | |
| Aluminum | -3.20% | |
| Steel | 0.48% | |
| Diversified Metals and Mining | 0.28% | |
| Copper | 0.082% | |
| Gold | -4.89% | |
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 | |
|---|---|---|---|---|---|
| JAINIK Jainik Power Cables | ₹189.95 | 29.5% +₹620.5m | 91.9% | PE19.4x | |
| AMCL ANB Metal Cast | ₹421.95 | 12.3% +₹547.4m | n/a | PE23.3x | |
| 539151 Arfin India | ₹87.09 | 0.9% +₹124.9m | 126.8% | PE95.1x | |
| 544506 Sharvaya Metals | ₹106.90 | 8.5% +₹84.3m | n/a | PE9.2x | |
| MMP MMP Industries | ₹284.30 | 1.2% +₹83.8m | -0.9% | PE23.3x |
