Narrative Update • Apr 30
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- 7D0.6%
- 3M16.7%
- 1Y1.7%
- YTDn/a
Last week, the Commodity Chemicals industry hasn't moved much but Solar Industries India is up 7.5% in that time. In line with that, the industry has also been flat over the past 12 months. As for the next few years, earnings are expected to grow by 25% per annum.
Industry Valuation and Performance
Has the Indian Commodity Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Sat, 16 May 2026 | ₹5.2t | ₹2.3t | ₹119.1b | 20x | 43.9x | 2.3x |
| Mon, 13 Apr 2026 | ₹4.5t | ₹2.2t | ₹135.8b | 19.1x | 33.1x | 2x |
| Wed, 11 Mar 2026 | ₹4.5t | ₹2.2t | ₹135.8b | 18.1x | 32.9x | 2x |
| Fri, 06 Feb 2026 | ₹4.5t | ₹2.2t | ₹132.7b | 19.4x | 34x | 2x |
| Sun, 04 Jan 2026 | ₹5.0t | ₹2.3t | ₹141.8b | 20.8x | 35.3x | 2.2x |
| Tue, 02 Dec 2025 | ₹5.1t | ₹2.3t | ₹141.8b | 21.9x | 36x | 2.3x |
| Thu, 30 Oct 2025 | ₹5.4t | ₹2.2t | ₹142.6b | 23.3x | 38.2x | 2.4x |
| Sat, 27 Sep 2025 | ₹5.4t | ₹2.2t | ₹143.0b | 23.5x | 37.8x | 2.4x |
| Mon, 25 Aug 2025 | ₹5.6t | ₹2.2t | ₹143.0b | 23.5x | 39.3x | 2.5x |
| Wed, 23 Jul 2025 | ₹5.7t | ₹2.2t | ₹147.9b | 24.7x | 38.8x | 2.6x |
| Fri, 20 Jun 2025 | ₹5.8t | ₹2.2t | ₹147.3b | 23.9x | 39.3x | 2.6x |
| Sun, 18 May 2025 | ₹5.5t | ₹2.2t | ₹143.6b | 23x | 38.3x | 2.5x |
| Tue, 15 Apr 2025 | ₹4.9t | ₹2.2t | ₹135.3b | 21.3x | 36.3x | 2.3x |
| Thu, 13 Mar 2025 | ₹4.7t | ₹2.2t | ₹135.3b | 21.3x | 34.9x | 2.2x |
| Sat, 08 Feb 2025 | ₹5.1t | ₹2.1t | ₹124.8b | 24.2x | 40.7x | 2.4x |
| Mon, 06 Jan 2025 | ₹5.5t | ₹2.1t | ₹118.6b | 28.1x | 46.6x | 2.6x |
| Wed, 04 Dec 2024 | ₹5.7t | ₹2.1t | ₹118.4b | 29.2x | 48.2x | 2.7x |
| Fri, 01 Nov 2024 | ₹5.7t | ₹2.1t | ₹114.6b | 31x | 49.8x | 2.7x |
| Sun, 29 Sep 2024 | ₹6.2t | ₹2.1t | ₹116.8b | 29.1x | 53.4x | 3x |
| Tue, 27 Aug 2024 | ₹6.0t | ₹2.1t | ₹116.6b | 30.1x | 51.8x | 2.9x |
| Thu, 25 Jul 2024 | ₹5.8t | ₹2.0t | ₹121.7b | 30.8x | 47.4x | 2.8x |
| Sat, 22 Jun 2024 | ₹5.6t | ₹2.1t | ₹121.8b | 27.6x | 46x | 2.7x |
| Mon, 20 May 2024 | ₹5.2t | ₹2.0t | ₹118.0b | 27.4x | 44.4x | 2.6x |
| Wed, 17 Apr 2024 | ₹4.9t | ₹2.1t | ₹136.1b | 26.7x | 35.8x | 2.4x |
| Fri, 15 Mar 2024 | ₹4.6t | ₹2.1t | ₹137.1b | 23.6x | 33.8x | 2.3x |
| Sun, 11 Feb 2024 | ₹4.7t | ₹2.1t | ₹152.0b | 24.4x | 31.1x | 2.3x |
| Tue, 09 Jan 2024 | ₹4.8t | ₹2.1t | ₹157.4b | 24.3x | 30.5x | 2.3x |
| Thu, 07 Dec 2023 | ₹4.6t | ₹2.1t | ₹157.4b | 23.7x | 29.4x | 2.2x |
| Sat, 04 Nov 2023 | ₹4.3t | ₹2.1t | ₹176.6b | 21.9x | 24.4x | 2x |
| Mon, 02 Oct 2023 | ₹4.3t | ₹2.1t | ₹169.7b | 22.3x | 25.4x | 2.1x |
| Wed, 30 Aug 2023 | ₹4.4t | ₹2.1t | ₹170.0b | 22.3x | 25.7x | 2.1x |
| Fri, 28 Jul 2023 | ₹3.9t | ₹2.1t | ₹182.2b | 19.7x | 21.6x | 1.8x |
| Sun, 25 Jun 2023 | ₹3.8t | ₹2.1t | ₹181.2b | 19.5x | 21.1x | 1.8x |
| Tue, 23 May 2023 | ₹3.7t | ₹2.2t | ₹210.8b | 15.8x | 17.4x | 1.7x |
Price to Earnings Ratio
17.4x
Current Industry PE
- Investors are optimistic on the Indian Commodity Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 43.9x which is higher than its 3-year average PE of 36.7x.
- The industry is trading close to its 3-year average PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 17% per year over the last three years.
- Meanwhile revenues have remained mostly flat.
- This means that although sales have remained flat, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Comparison
How does Indian Commodity Chemicals compare with similar industries?
| IN Market | -2.79% | |
| Materials | -1.09% | |
| Chemicals | -1.66% | |
| Commodity Chemicals | 0.58% | |
| Specialty Chemicals | -1.73% | |
| Diversified Chemicals | -2.24% | |
| Fertilizers and Agricultural Chemicals | -3.22% | |
| Industrial Gases | -6.03% | |
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 | |
|---|---|---|---|---|---|
| SOLARINDS Solar Industries India | ₹17.31k | 7.5% +₹109.4b | 23.5% | PE107.9x | |
| 509480 Berger Paints India | ₹533.15 | 3.3% +₹20.0b | -7.5% | PE55.2x | |
| CARBORUNIV Carborundum Universal | ₹1.10k | 7.3% +₹14.2b | 12.1% | PE87x | |
| 500339 Rain Industries | ₹157.15 | 9.4% +₹4.5b | 6.7% | PE17.5x | |
| 500655 Garware Hi-Tech Films | ₹5.41k | 2.5% +₹3.1b | 34.7% | PE37.1x |