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Indian (NIFTY) Chemicals Industry Analysis
UpdatedNov 27, 2022
DataAggregated Company Financials
Companies290
- 7D0.7%
- 3M-3.8%
- 1Y5.0%
- YTD-2.6%
In the last week, Chemicals has been flat. The past year has been better, since the industry has gained 5.0% in that time. Earnings are forecast to grow by 18% 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 |
|---|---|---|---|---|---|---|
| Mon, 28 Nov 2022 | ₹15.5t | ₹6.6t | ₹613.5b | 19.6x | 25.3x | 2.3x |
| Wed, 26 Oct 2022 | ₹15.7t | ₹6.2t | ₹595.8b | 19.2x | 26.3x | 2.5x |
| Fri, 23 Sep 2022 | ₹16.6t | ₹6.2t | ₹595.6b | 19.9x | 27.8x | 2.7x |
| Sun, 21 Aug 2022 | ₹16.3t | ₹6.2t | ₹595.4b | 18.4x | 27.3x | 2.6x |
| Tue, 19 Jul 2022 | ₹14.5t | ₹5.6t | ₹534.6b | 17.4x | 27.1x | 2.6x |
| Thu, 16 Jun 2022 | ₹13.9t | ₹5.6t | ₹536.0b | 17x | 25.9x | 2.5x |
| Sat, 14 May 2022 | ₹14.3t | ₹5.3t | ₹505.9b | 17.9x | 28.2x | 2.7x |
| Mon, 11 Apr 2022 | ₹16.1t | ₹5.1t | ₹482.2b | 19.9x | 33.3x | 3.1x |
| Wed, 09 Mar 2022 | ₹13.5t | ₹5.1t | ₹481.8b | 17.1x | 28.1x | 2.7x |
| Fri, 04 Feb 2022 | ₹15.6t | ₹4.8t | ₹461.9b | 20.1x | 33.7x | 3.2x |
| Sun, 02 Jan 2022 | ₹15.6t | ₹4.7t | ₹454.5b | 18.5x | 34.3x | 3.3x |
| Tue, 30 Nov 2021 | ₹14.4t | ₹4.7t | ₹454.4b | 17.2x | 31.7x | 3x |
| Thu, 28 Oct 2021 | ₹15.0t | ₹4.4t | ₹435.1b | 18.6x | 34.5x | 3.4x |
| Sat, 25 Sep 2021 | ₹15.3t | ₹4.3t | ₹430.7b | 19.2x | 35.6x | 3.5x |
| Mon, 23 Aug 2021 | ₹13.9t | ₹4.4t | ₹432.1b | 17x | 32.2x | 3.2x |
| Sat, 10 Jul 2021 | ₹13.3t | ₹4.3t | ₹425.0b | 16x | 31.2x | 3.1x |
| Fri, 02 Apr 2021 | ₹10.9t | ₹4.0t | ₹361.4b | 14.2x | 30.1x | 2.7x |
| Mon, 04 Jan 2021 | ₹10.1t | ₹3.7t | ₹293.8b | 16.2x | 34.2x | 2.7x |
| Thu, 08 Oct 2020 | ₹8.3t | ₹3.7t | ₹278.8b | 16x | 29.7x | 2.3x |
| Wed, 01 Jul 2020 | ₹7.0t | ₹3.6t | ₹253.7b | 13.3x | 27.7x | 1.9x |
| Sat, 04 Apr 2020 | ₹6.0t | ₹3.8t | ₹271.4b | 8.6x | 22.1x | 1.6x |
| Tue, 07 Jan 2020 | ₹7.1t | ₹3.9t | ₹269.3b | 10.6x | 26.4x | 1.8x |
Price to Earnings Ratio
28x
Current Industry PE
- Investors are pessimistic on the Indian Chemicals industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 25.3x which is lower than its 3-year average PE of 30.1x.
- The industry is trading close to its 3-year average PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have grown 35% per year over the last three years.
- Revenues for these companies have grown 20% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | 0.87% | |
| Materials | 0.67% | |
| Chemicals | 0.67% | |
| Fertilizers and Agricultural Chemicals | 3.00% | |
| Commodity Chemicals | 0.68% | |
| Specialty Chemicals | 0.21% | |
| Industrial Gases | -0.46% | |
| Diversified Chemicals | -0.81% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 45.9x.
- Analysts are expecting annual earnings growth of 20.3%, which is higher than its past year's earnings decline of 51.4% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 19.5x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Gases industry, expecting annual earnings growth of 20% over the next 5 years.
- This is better than its past earnings decline of 51% per year.
- In contrast, the Fertilizers and Agricultural Chemicals industry is expected to see its earnings grow by 13% 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 | |
|---|---|---|---|---|---|
| 509480 Berger Paints India | ₹616.45 | 2.2% +₹12.8b | -19.1% | PE63.3x | |
| 523642 PI Industries | ₹3.38k | 2.5% +₹12.4b | 15.6% | PE50.1x | |
| ASIANPAINT Asian Paints | ₹3.11k | 0.4% +₹12.1b | -1.1% | PE81.3x | |
| 524230 Rashtriya Chemicals and Fertilizers | ₹119.50 | 22.0% +₹11.9b | 64.0% | PE7.2x | |
| FACT Fertilisers And Chemicals Travancore | ₹142.50 | 14.0% +₹11.3b | 27.8% | PE16.5x |