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Indian (NIFTY) Chemicals Industry Analysis
UpdatedJul 16, 2025
DataAggregated Company Financials
Companies340
- 7D-0.4%
- 3M11.1%
- 1Y0.2%
- YTD8.5%
Last week, the Chemicals industry hasn't moved much but Fertilisers and Chemicals Travancore is up 3.8% in that time. Furthermore, the industry has been flat for the past year as well. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 17 Jul 2025 | ₹20.4t | ₹6.8t | ₹444.0b | 29.5x | 46x | 3x |
| Sat, 14 Jun 2025 | ₹19.8t | ₹6.7t | ₹442.4b | 27.6x | 44.7x | 2.9x |
| Mon, 12 May 2025 | ₹18.2t | ₹6.7t | ₹421.5b | 24x | 43.2x | 2.7x |
| Wed, 09 Apr 2025 | ₹17.3t | ₹6.6t | ₹410.2b | 24.3x | 42.1x | 2.6x |
| Fri, 07 Mar 2025 | ₹17.0t | ₹6.6t | ₹410.2b | 25x | 41.5x | 2.6x |
| Sun, 02 Feb 2025 | ₹18.1t | ₹6.5t | ₹397.4b | 27.9x | 45.4x | 2.8x |
| Tue, 31 Dec 2024 | ₹18.3t | ₹6.4t | ₹367.6b | 31.1x | 49.8x | 2.8x |
| Thu, 28 Nov 2024 | ₹19.1t | ₹6.4t | ₹367.7b | 32.4x | 51.9x | 3x |
| Sat, 26 Oct 2024 | ₹19.4t | ₹6.4t | ₹366.8b | 32.4x | 52.8x | 3x |
| Mon, 23 Sep 2024 | ₹21.1t | ₹6.4t | ₹369.5b | 36x | 57.2x | 3.3x |
| Wed, 21 Aug 2024 | ₹20.3t | ₹6.4t | ₹368.7b | 34.8x | 55.1x | 3.2x |
| Fri, 19 Jul 2024 | ₹20.0t | ₹6.3t | ₹377.5b | 35.1x | 52.9x | 3.1x |
| Sun, 16 Jun 2024 | ₹19.0t | ₹6.4t | ₹382.5b | 33.1x | 49.7x | 3x |
| Tue, 14 May 2024 | ₹17.5t | ₹6.4t | ₹383.8b | 29.9x | 45.7x | 2.7x |
| Thu, 11 Apr 2024 | ₹17.8t | ₹6.5t | ₹410.6b | 30.3x | 43.2x | 2.7x |
| Sat, 09 Mar 2024 | ₹17.1t | ₹6.5t | ₹411.0b | 29.8x | 41.6x | 2.6x |
| Mon, 05 Feb 2024 | ₹17.2t | ₹6.7t | ₹454.1b | 30.8x | 37.8x | 2.6x |
| Wed, 03 Jan 2024 | ₹18.2t | ₹6.8t | ₹485.5b | 30.3x | 37.4x | 2.7x |
| Fri, 01 Dec 2023 | ₹16.8t | ₹6.8t | ₹485.5b | 28x | 34.7x | 2.5x |
| Sun, 29 Oct 2023 | ₹15.9t | ₹6.9t | ₹518.1b | 26.7x | 30.6x | 2.3x |
| Tue, 26 Sep 2023 | ₹16.7t | ₹6.9t | ₹513.5b | 27x | 32.5x | 2.4x |
| Thu, 24 Aug 2023 | ₹16.2t | ₹6.9t | ₹514.5b | 26.3x | 31.4x | 2.3x |
| Sat, 22 Jul 2023 | ₹16.1t | ₹7.1t | ₹562.4b | 22.2x | 28.7x | 2.3x |
| Mon, 19 Jun 2023 | ₹16.0t | ₹7.1t | ₹561.2b | 22.5x | 28.5x | 2.3x |
| Wed, 17 May 2023 | ₹15.4t | ₹7.1t | ₹615.0b | 20.2x | 25x | 2.2x |
| Fri, 14 Apr 2023 | ₹14.7t | ₹7.0t | ₹616.0b | 20x | 23.9x | 2.1x |
| Sun, 12 Mar 2023 | ₹14.5t | ₹7.0t | ₹614.1b | 19.6x | 23.6x | 2.1x |
| Tue, 07 Feb 2023 | ₹14.4t | ₹6.8t | ₹614.4b | 19.8x | 23.4x | 2.1x |
| Thu, 05 Jan 2023 | ₹15.3t | ₹6.7t | ₹618.1b | 20x | 24.8x | 2.3x |
| Sat, 03 Dec 2022 | ₹15.8t | ₹6.6t | ₹613.5b | 19.5x | 25.8x | 2.4x |
| Mon, 31 Oct 2022 | ₹15.5t | ₹6.2t | ₹600.8b | 19.1x | 25.8x | 2.5x |
| Wed, 28 Sep 2022 | ₹16.1t | ₹6.2t | ₹595.6b | 19.2x | 27x | 2.6x |
| Fri, 26 Aug 2022 | ₹16.1t | ₹6.2t | ₹595.4b | 18.4x | 27x | 2.6x |
| Sun, 24 Jul 2022 | ₹14.9t | ₹5.7t | ₹540.4b | 18.3x | 27.6x | 2.6x |
Price to Earnings Ratio
27.6x
Current Industry PE
- Investors are optimistic on the Indian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 46.0x which is higher than its 3-year average PE of 37.7x.
- The 3-year average PS ratio of 2.6x is lower than the industry's current PS ratio of 3.0x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 6.1% per year over the last three years.
- Meanwhile revenues for these companies have grown 6.3% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | -0.28% | |
| Materials | -0.31% | |
| Chemicals | -0.38% | |
| Fertilizers and Agricultural Chemicals | 2.73% | |
| Specialty Chemicals | -0.94% | |
| Commodity Chemicals | -1.44% | |
| Industrial Gases | -1.57% | |
| Diversified Chemicals | -1.75% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry, which is trading close to its 3-year average PE ratio of 114x.
- Analysts are expecting annual earnings growth of 29.0%, which is lower than the prior year's growth of 83.9% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 29.0x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Gases industry, expecting annual earnings growth of 29% over the next 5 years.
- However this is lower than its past earnings growth rate of 84% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 18% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| FACT Fertilisers and Chemicals Travancore | ₹970.60 | 3.8% +₹23.0b | -12.8% | PE1523.3x | |
| COROMANDEL Coromandel International | ₹2.38k | 3.3% +₹22.4b | 50.2% | PE33.9x | |
| SUMICHEM Sumitomo Chemical India | ₹585.50 | 7.5% +₹20.3b | 17.5% | PE57.8x | |
| EIDPARRY E.I.D.- Parry (India) | ₹1.16k | 6.4% +₹12.2b | 45.8% | PE23.4x | |
| 500123 ELANTAS Beck India | ₹13.20k | 12.4% +₹11.6b | 16.2% | PE77.2x |
