Analysis Article • 13h
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- 7D0.3%
- 3M6.0%
- 1Y-2.9%
- YTD0.6%
Last week, the Chemicals industry hasn't moved much but Solar Industries India is up 4.7% 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 19% per annum.
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 |
|---|---|---|---|---|---|---|
| Sat, 23 May 2026 | ₹18.6t | ₹7.4t | ₹532.6b | 21.8x | 34.9x | 2.5x |
| Mon, 20 Apr 2026 | ₹17.8t | ₹7.2t | ₹539.0b | 22.3x | 33x | 2.5x |
| Wed, 18 Mar 2026 | ₹16.4t | ₹7.2t | ₹537.7b | 21x | 30.5x | 2.3x |
| Fri, 13 Feb 2026 | ₹17.7t | ₹7.1t | ₹536.3b | 22.9x | 33.1x | 2.5x |
| Sun, 11 Jan 2026 | ₹18.7t | ₹7.1t | ₹495.9b | 22.8x | 37.6x | 2.6x |
| Tue, 09 Dec 2025 | ₹18.5t | ₹7.1t | ₹495.5b | 23.4x | 37.4x | 2.6x |
| Thu, 06 Nov 2025 | ₹19.2t | ₹7.0t | ₹461.9b | 26.2x | 41.5x | 2.7x |
| Sat, 04 Oct 2025 | ₹19.3t | ₹6.9t | ₹457.1b | 26.2x | 42.3x | 2.8x |
| Mon, 01 Sep 2025 | ₹19.6t | ₹6.9t | ₹457.0b | 26.4x | 43x | 2.8x |
| Wed, 30 Jul 2025 | ₹20.4t | ₹6.8t | ₹449.9b | 28.8x | 45.2x | 3x |
| Fri, 27 Jun 2025 | ₹20.0t | ₹6.7t | ₹442.6b | 29.1x | 45.2x | 3x |
| Sun, 25 May 2025 | ₹19.3t | ₹6.7t | ₹437.6b | 26.3x | 44.1x | 2.9x |
| Tue, 22 Apr 2025 | ₹18.6t | ₹6.6t | ₹410.6b | 25.5x | 45.4x | 2.8x |
| Thu, 20 Mar 2025 | ₹17.3t | ₹6.6t | ₹410.2b | 24.5x | 42.2x | 2.6x |
| Sat, 15 Feb 2025 | ₹16.8t | ₹6.6t | ₹397.8b | 25.9x | 42.3x | 2.6x |
| Mon, 13 Jan 2025 | ₹18.3t | ₹6.5t | ₹367.4b | 29.9x | 49.9x | 2.8x |
| Wed, 11 Dec 2024 | ₹19.7t | ₹6.4t | ₹367.7b | 33.2x | 53.5x | 3.1x |
| Fri, 08 Nov 2024 | ₹20.3t | ₹6.4t | ₹371.5b | 35.1x | 54.7x | 3.2x |
| Sun, 06 Oct 2024 | ₹20.7t | ₹6.4t | ₹369.5b | 34.8x | 55.9x | 3.2x |
| Tue, 03 Sep 2024 | ₹20.7t | ₹6.4t | ₹369.1b | 35.5x | 56x | 3.2x |
| Thu, 01 Aug 2024 | ₹20.7t | ₹6.4t | ₹380.1b | 35.3x | 54.4x | 3.2x |
| Sat, 29 Jun 2024 | ₹19.4t | ₹6.4t | ₹381.8b | 34.4x | 50.8x | 3x |
| Mon, 27 May 2024 | ₹18.1t | ₹6.4t | ₹375.8b | 30.3x | 48.1x | 2.8x |
| Wed, 24 Apr 2024 | ₹17.7t | ₹6.5t | ₹411.4b | 31.1x | 42.9x | 2.7x |
| Fri, 22 Mar 2024 | ₹16.7t | ₹6.5t | ₹411.3b | 28x | 40.6x | 2.6x |
| Sun, 18 Feb 2024 | ₹17.2t | ₹6.5t | ₹422.3b | 30.5x | 40.8x | 2.6x |
| Tue, 16 Jan 2024 | ₹17.9t | ₹6.8t | ₹483.5b | 30.8x | 37x | 2.6x |
| Thu, 14 Dec 2023 | ₹17.3t | ₹6.8t | ₹485.5b | 28.8x | 35.7x | 2.6x |
| Sat, 11 Nov 2023 | ₹16.4t | ₹6.8t | ₹495.7b | 28.1x | 33.1x | 2.4x |
| Mon, 09 Oct 2023 | ₹16.5t | ₹6.9t | ₹513.8b | 26.8x | 32.2x | 2.4x |
| Wed, 06 Sep 2023 | ₹16.9t | ₹6.9t | ₹514.0b | 27.6x | 33x | 2.4x |
| Fri, 04 Aug 2023 | ₹16.1t | ₹7.0t | ₹543.6b | 23.1x | 29.6x | 2.3x |
| Sun, 02 Jul 2023 | ₹16.0t | ₹7.1t | ₹561.3b | 22.3x | 28.5x | 2.3x |
| Tue, 30 May 2023 | ₹15.4t | ₹7.1t | ₹592.1b | 20.9x | 26x | 2.2x |
Price to Earnings Ratio
26x
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 34.9x which is lower than its 3-year average PE of 41.3x.
- The industry is trading close to its 3-year average PS ratio of 2.7x.
Past Earnings Growth
- The earnings for companies in the Chemicals industry have declined 3.5% 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 Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | 0.48% | |
| Materials | 0.22% | |
| Chemicals | 0.32% | |
| Specialty Chemicals | 1.55% | |
| Commodity Chemicals | 0.49% | |
| Diversified Chemicals | -0.50% | |
| Fertilizers and Agricultural Chemicals | -0.84% | |
| Industrial Gases | -1.16% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry even though it's trading below its 3-year average PE ratio of 118x.
- Analysts are expecting annual earnings growth of 18.0%, which is lower than the prior year's growth of 35.0% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 32.8x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 26% over the next 5 years.
- This is better than its past earnings growth rate of 9.8% per year.
- In contrast, the Specialty Chemicals industry is expected to see its earnings grow by 16% 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 | |
|---|---|---|---|---|---|
| SOLARINDS Solar Industries India | ₹18.13k | 4.7% +₹74.0b | 18.2% | PE97.8x | |
| ASIANPAINT Asian Paints | ₹2.64k | 1.3% +₹32.8b | 14.0% | PE65.8x | |
| 500645 Deepak Fertilisers And Petrochemicals | ₹1.47k | 11.8% +₹19.7b | 11.1% | PE21.3x | |
| FLUOROCHEM Gujarat Fluorochemicals | ₹3.83k | 3.2% +₹13.2b | -4.8% | PE64.2x | |
| 506655 Sudarshan Chemical Industries | ₹1.02k | 16.9% +₹11.6b | -9.5% | PS1x |
