Finolex Industries Limited (NSE:FINPIPE) Shares Fly 30% But Investors Aren't Buying For Growth
May 27
Have your own idea? Try our Stock Screener
Indian (NIFTY) Commodity Chemicals Industry Analysis
UpdatedMay 28, 2025
DataAggregated Company Financials
Companies142
- 7D5.7%
- 3M22.2%
- 1Y10.4%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has risen 3.7%, driven by gains from Solar Industries India of 18%. This means that the industry has gained 8.9% over the past year. As for the next few years, earnings are expected to grow by 19% 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 |
|---|---|---|---|---|---|---|
| Wed, 28 May 2025 | ₹5.7t | ₹2.2t | ₹147.8b | 23.6x | 38.9x | 2.6x |
| Fri, 25 Apr 2025 | ₹5.4t | ₹2.2t | ₹135.8b | 23.5x | 39.5x | 2.5x |
| Sun, 23 Mar 2025 | ₹5.0t | ₹2.2t | ₹135.3b | 21.4x | 36.7x | 2.3x |
| Tue, 18 Feb 2025 | ₹4.7t | ₹2.2t | ₹125.5b | 22.2x | 37.4x | 2.2x |
| Thu, 16 Jan 2025 | ₹5.2t | ₹2.1t | ₹118.4b | 25.9x | 43.8x | 2.4x |
| Sat, 14 Dec 2024 | ₹5.7t | ₹2.1t | ₹118.4b | 29.7x | 48.4x | 2.7x |
| Mon, 11 Nov 2024 | ₹5.6t | ₹2.1t | ₹113.7b | 30.5x | 49.7x | 2.7x |
| Wed, 09 Oct 2024 | ₹6.0t | ₹2.1t | ₹116.8b | 28.8x | 51.6x | 2.9x |
| Fri, 06 Sep 2024 | ₹6.1t | ₹2.1t | ₹116.8b | 30.1x | 52.6x | 3x |
| Sun, 04 Aug 2024 | ₹5.9t | ₹2.1t | ₹119.5b | 29.8x | 49.7x | 2.9x |
| Tue, 02 Jul 2024 | ₹5.7t | ₹2.1t | ₹121.8b | 30.2x | 46.5x | 2.8x |
| Thu, 30 May 2024 | ₹5.2t | ₹2.1t | ₹117.6b | 26.1x | 43.8x | 2.5x |
| Sat, 27 Apr 2024 | ₹5.1t | ₹2.1t | ₹136.5b | 27.7x | 37.1x | 2.5x |
| Mon, 25 Mar 2024 | ₹4.8t | ₹2.1t | ₹136.9b | 25x | 35x | 2.3x |
| Wed, 21 Feb 2024 | ₹4.8t | ₹2.1t | ₹148.3b | 25.1x | 32x | 2.3x |
| Fri, 19 Jan 2024 | ₹4.8t | ₹2.1t | ₹156.2b | 24.4x | 30.4x | 2.3x |
| Sun, 17 Dec 2023 | ₹4.7t | ₹2.1t | ₹157.4b | 24x | 29.9x | 2.2x |
| Tue, 14 Nov 2023 | ₹4.4t | ₹2.1t | ₹160.7b | 24.1x | 27.3x | 2.1x |
| Thu, 12 Oct 2023 | ₹4.4t | ₹2.1t | ₹169.8b | 22.8x | 25.7x | 2.1x |
| Sat, 09 Sep 2023 | ₹4.5t | ₹2.1t | ₹170.0b | 23.9x | 26.7x | 2.2x |
| Mon, 07 Aug 2023 | ₹4.0t | ₹2.1t | ₹181.3b | 20x | 22.3x | 1.9x |
| Wed, 05 Jul 2023 | ₹3.9t | ₹2.1t | ₹181.2b | 19.7x | 21.3x | 1.8x |
| Fri, 02 Jun 2023 | ₹3.7t | ₹2.2t | ₹195.1b | 18.6x | 18.7x | 1.7x |
| Sun, 30 Apr 2023 | ₹3.5t | ₹2.2t | ₹211.0b | 14.5x | 16.8x | 1.6x |
| Tue, 28 Mar 2023 | ₹3.3t | ₹2.2t | ₹207.8b | 12.2x | 15.8x | 1.5x |
| Thu, 23 Feb 2023 | ₹3.5t | ₹2.2t | ₹207.8b | 13.7x | 16.7x | 1.6x |
| Sat, 21 Jan 2023 | ₹3.5t | ₹2.1t | ₹215.1b | 14.6x | 16.3x | 1.7x |
| Mon, 19 Dec 2022 | ₹3.6t | ₹2.1t | ₹210.4b | 15.2x | 17.2x | 1.8x |
| Wed, 16 Nov 2022 | ₹3.6t | ₹2.0t | ₹208.0b | 14.8x | 17.4x | 1.8x |
| Fri, 14 Oct 2022 | ₹3.6t | ₹1.9t | ₹203.5b | 16x | 17.9x | 1.9x |
| Sun, 11 Sep 2022 | ₹3.8t | ₹1.9t | ₹203.5b | 16.1x | 18.4x | 1.9x |
| Tue, 09 Aug 2022 | ₹3.5t | ₹1.9t | ₹196.2b | 15.5x | 18x | 1.9x |
| Thu, 07 Jul 2022 | ₹3.1t | ₹1.8t | ₹182.7b | 13.8x | 17.1x | 1.8x |
| Sat, 04 Jun 2022 | ₹3.3t | ₹1.8t | ₹178.1b | 14.9x | 18.7x | 1.9x |
Price to Earnings Ratio
18.7x
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 38.7x which is higher than its 3-year average PE of 30.4x.
- The 3-year average PS ratio of 2.2x is lower than the industry's current PS ratio of 2.6x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have declined 6.2% per year over the last three years.
- Meanwhile revenues for these companies have grown 7.5% 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 Comparison
How does Indian Commodity Chemicals compare with similar industries?
| IN Market | 1.19% | |
| Materials | 1.38% | |
| Chemicals | 2.58% | |
| Commodity Chemicals | 5.67% | |
| Industrial Gases | 6.38% | |
| Fertilizers and Agricultural Chemicals | 1.62% | |
| Specialty Chemicals | 1.41% | |
| Diversified Chemicals | -0.13% | |
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 | ₹16.11k | 13.5% +₹173.8b | 74.4% | PE120.6x | |
| SUPREMEIND Supreme Industries | ₹4.25k | 11.2% +₹54.3b | -22.9% | PE56.2x | |
| FINPIPE Finolex Industries | ₹222.04 | 16.9% +₹19.8b | -31.1% | PE17.2x | |
| 500770 Tata Chemicals | ₹895.20 | 4.2% +₹9.2b | -16.5% | PE112.9x | |
| 500184 Himadri Speciality Chemical | ₹476.35 | 2.5% +₹5.7b | 39.6% | PE42.3x |
