Aluminium was founded by Danish physicist Hans Christian Oersted in year 1825. Aluminium is the most versatile metal that is important for both household & industrial products. It is one of the fastest-growing metal, with nearly a 20-fold increase in the last 60 years, compared to other metal industries.
India is the second largest producer of Aluminium in the world with nearly 5.3 percent of global aluminium output. Aluminium industries in India contributes around 2% of GDP.
The aluminium industry of India is majorly dominated by a few companies, such as Hindustan Aluminium Company Limited (HINDALCO), Vedanta Aluminium Limited, and National Aluminium Company Limited (NALCO).
There are many industries who are contributing the Aluminium production in India, we are listing down the top aluminium companies of India:
Hindustan Aluminium Company (HINDALCO)
HINDALCO is one of the largest companies for Aluminium production in India. Hindustan Aluminium company was founded in 1958 a subsidiary of the Aditya Birla group. It holds almost 39% of the market share. The major aluminium products manufactured by HINDALCO are primary aluminium, extrusions, rolled products, wheels & aluminium foil.
Vedanta Aluminium Limited
Vedanta Aluminium Limited is another leading Aluminium company in India and has a wide presence globally. Vedanta Aluminium Limited is subsidiary of Vedanta Group, founded in year 1979. The product ranges are Restora Low Carbon Aluminium, BilletsPrimary Foundry Alloy, Wire Rods & Flip Coils.
India Foils Limited
India Foils Limited was founded in year 1960 and headquarters of this company is in Kolkata, West Bengal. The India Foil Limited is associated with British Aluminium Co. Ltd. The main products of the company are foil products like aluminium foil cover, label etc
[[L27203WB1960PLC024870]]
Sacheta Metals
Sacheta Metals is a public sector company that produces a variety of aluminium products. It produces industrial items, such as sheets, rolled products, etc., and household products, such as articles, foils, coils, etc. It has its headquarters in Mumbai, Maharashtra and a manufacturing unit in Talod, Gujrat.
Jindal Aluminium
Jindal Aluminium company is another well-known name Aluminium industry, it was founded by Dr. Sitaram Jindal and incorporated on 14 July, 1970. Jindal Aluminium is one of the largest aluminium producer companies in the world and deals with both national and international markets of aluminium. Jindal Aluminium primarily manufactures aluminium extrudes.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 58.95 % |
| Networth | 24.92 % |
| Debt/Equity Ratio | 0.16 |
| Return on Equity | 21.17 % |
[[U27203KA1970PLC002806]]
National Aluminium Company Limited (NALCO)
National Aluminium Company Limited (NALCO) is the one of the significant name in Aluminium industry and the Indian government holds 51.5% equity in NALCO. The National Aluminium Company (NALCO) was established in year 1981, headquartered in Bhubaneswar, Odisha. The company produces metallurgical-grade alumina at the cheapest rate. The major products of NALCO are rolled products, chequered products, alloy ingots, etc.
| Operating Revenue | Over INR 500 cr |
| EBITDA | -83.09 % |
| Networth | -4.73 % |
| Debt/Equity Ratio | 0.00 |
| Return on Equity | 1.38 % |
[[L27203OR1981GOI000920]]
Bharat Aluminium Company Limited (BALCO)
Bharat Aluminium is the pioneer in aluminium producing company in India, which started its operation in 1974. Bharat Aluminium Company Limited was previously a government owned company now it is the part of Vedanta Resources. The headquarters of this company is in New Delhi, India. It is engaged in the exploration, production, and sale of aluminium at national and international levels.
| Operating Revenue | Over INR 500 cr |
| EBITDA | 74.01 % |
| Networth | 54.92 % |
| Debt/Equity Ratio | 0.15 |
| Return on Equity | 35.67 % |
[[U74899DL1965PLC004518]]
Indian Aluminium Company Limited (INDAL)
INDAL is one of the oldest Aluminium companies in India. The company was started in the year 1938 as a private sector company. Alumina and aluminium sheets are its major products. The main plants of this company are in Muri (Jharkhand), Alupuram (Kerala), Hirakund (Odisha), and Belgaum (Karnataka).
[[U27203WB1938PLC009515]]
Century Extrusions Limited
Century Extrusions Limited is one of the leading aluminium extrusion and profile manufacturer companies in India. The company was founded in year 1988 and headquarters of this company is in Kolkata, West Bengal. The company manufactures over 3,000 profiles.
| Operating Revenue | INR 100 cr – 500 cr |
| EBITDA | 26.13 % |
| Networth | 3.98 % |
| Debt/Equity Ratio | 1.10 |
| Return on Equity | 3.09 % |
[[L27203WB1988PLC043705]]
