Indian (NIFTY) Aluminum Industry Analysis
UpdatedMay 08, 2024
DataAggregated Company Financials
Companies17
- 7D-3.9%
- 3M4.9%
- 1Y50.7%
- YTDn/a
Over the last 7 days, the Aluminum industry has dropped 3.9%, driven by a pullback from Hindalco Industries of 3.7%. Meanwhile, Baheti Recycling Industries actually outperformed within the industry, gaining 12% in the last week. In the past year, the industry has gained 51%. Looking forward, 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, 08 May 2024 | ₹1.8t | ₹2.3t | ₹112.1b | 20.5x | 15.6x | 0.7x |
| Fri, 05 Apr 2024 | ₹1.7t | ₹2.3t | ₹112.1b | 21.3x | 14.8x | 0.7x |
| Sun, 03 Mar 2024 | ₹1.5t | ₹2.3t | ₹112.1b | 19.8x | 13.4x | 0.6x |
| Tue, 30 Jan 2024 | ₹1.6t | ₹2.4t | ₹100.3b | 21x | 15.8x | 0.7x |
| Thu, 28 Dec 2023 | ₹1.6t | ₹2.4t | ₹100.2b | 17x | 16.1x | 0.7x |
| Sat, 25 Nov 2023 | ₹1.3t | ₹2.4t | ₹100.2b | 15.7x | 13.4x | 0.6x |
| Mon, 23 Oct 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 22x | 12.7x | 0.5x |
| Wed, 20 Sep 2023 | ₹1.3t | ₹2.4t | ₹99.6b | 23.3x | 13x | 0.5x |
| Fri, 18 Aug 2023 | ₹1.2t | ₹2.4t | ₹99.7b | 15.1x | 12x | 0.5x |
| Sun, 16 Jul 2023 | ₹1.2t | ₹2.4t | ₹118.4b | 14.8x | 10.1x | 0.5x |
| Tue, 13 Jun 2023 | ₹1.1t | ₹2.4t | ₹118.1b | 16.4x | 9.5x | 0.5x |
| Thu, 11 May 2023 | ₹1.2t | ₹2.4t | ₹138.6b | 10.6x | 8.3x | 0.5x |
| Sat, 08 Apr 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 9.3x | 7.8x | 0.4x |
| Mon, 06 Mar 2023 | ₹1.1t | ₹2.4t | ₹138.6b | 9.8x | 8x | 0.5x |
| Wed, 01 Feb 2023 | ₹1.2t | ₹2.4t | ₹167.4b | 10x | 7.3x | 0.5x |
| Fri, 30 Dec 2022 | ₹1.2t | ₹2.4t | ₹167.3b | 10.3x | 7.2x | 0.5x |
| Sun, 27 Nov 2022 | ₹1.1t | ₹2.4t | ₹167.3b | 8.6x | 6.8x | 0.5x |
| Tue, 25 Oct 2022 | ₹1.0t | ₹2.3t | ₹185.4b | 10.1x | 5.5x | 0.4x |
| Thu, 22 Sep 2022 | ₹1.1t | ₹2.3t | ₹185.4b | 10.3x | 5.8x | 0.5x |
| Sat, 20 Aug 2022 | ₹1.1t | ₹2.3t | ₹185.4b | 9.9x | 6.1x | 0.5x |
| Mon, 18 Jul 2022 | ₹932.7b | ₹2.1t | ₹174.7b | 9.1x | 5.3x | 0.4x |
| Wed, 15 Jun 2022 | ₹973.8b | ₹2.1t | ₹174.6b | 10.4x | 5.6x | 0.5x |
| Fri, 13 May 2022 | ₹1.1t | ₹2.0t | ₹153.7b | 12.6x | 7.4x | 0.6x |
| Sun, 10 Apr 2022 | ₹1.6t | ₹2.0t | ₹153.7b | 14.2x | 10.1x | 0.8x |
| Tue, 08 Mar 2022 | ₹1.6t | ₹2.0t | ₹153.7b | 11.8x | 10.6x | 0.8x |
| Thu, 03 Feb 2022 | ₹1.4t | ₹1.8t | ₹131.0b | 11.8x | 10.5x | 0.8x |
| Sat, 01 Jan 2022 | ₹1.3t | ₹1.8t | ₹131.0b | 10.5x | 9.7x | 0.7x |
| Mon, 29 Nov 2021 | ₹1.1t | ₹1.8t | ₹131.0b | 8.8x | 8.5x | 0.6x |
| Wed, 27 Oct 2021 | ₹1.3t | ₹1.6t | ₹107.9b | 11.8x | 12x | 0.8x |
| Fri, 24 Sep 2021 | ₹1.3t | ₹1.6t | ₹107.9b | 10.9x | 11.7x | 0.8x |
| Sun, 22 Aug 2021 | ₹1.1t | ₹1.6t | ₹107.9b | 10.6x | 9.8x | 0.7x |
| Fri, 09 Jul 2021 | ₹992.1b | ₹1.6t | ₹107.9b | 10.3x | 9.2x | 0.6x |
Price to Earnings Ratio
15.7x
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 15.6x which is higher than its 3-year average PE of 10.1x.
- The industry is trading close to its 3-year average PS ratio of 0.59x.
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 18% 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 | -1.98% | |
| Materials | -1.81% | |
| Metals and Mining | -1.43% | |
| Aluminum | -3.85% | |
| Gold | 4.01% | |
| Diversified Metals and Mining | 2.02% | |
| Precious Metals and Minerals | 0% | |
| Silver | 0% | |
| Steel | -1.96% | |
| Copper | -5.05% | |
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 | |
|---|---|---|---|---|---|
| BAHETI Baheti Recycling Industries | ₹247.00 | 33.4% +₹641.8m | 121.5% | PE13.1x | |
| 509567 Goa Carbon | ₹916.05 | 1.1% +₹92.9m | 79.6% | PE10.3x | |
| 539151 Arfin India | ₹50.28 | 0.5% +₹38.1m | 120.2% | PE92.6x | |
| 506003 Sudal Industries | ₹47.10 | 5.2% +₹19.3m | 610.4% | PE0.4x | |
| 512425 Nirav Commercials | ₹616.55 | 0.3% +₹607.6k | 22.1% | PE42.3x |