In the present research, uncoated and coated (CrN/SiN–CrN) granite dust reinforced aluminum alloy (AA 1050, AA 5083) composites samples were fabricated using stir casting and their physical, mechanical and slurry erosion behavior were assessed. The study reveal a persistent increase in void content, hardness, impact strength and stress intensity factor for both uncoated and coated alloy with the inclusion of reinforcement. In contrast, flexural strength and corrosion rate decrease continuously with increased granite content and also with the corresponding coating. Multilayer coated 5083 aluminum alloy composite with 6 wt.% granite particle shows maximum hardness, impact strength and stress intensity factor and minimum slurry erosion rate. The entropy method was applied to the operating parameter to rank the fabricated composites. The performance of each operating parameter is determined using the VIKOR (Vise Kriterijumska Optimizacija Kompromisno Resenje) optimization method. The optimal formulation based on Performance-Defining Attributes (PDAs) is observed for multilayer-coated 6 wt.% granite particulate reinforced 5083 aluminum alloy composites.