Analysis Article • Aug 07
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- 7D1.7%
- 3M4.5%
- 1Y1.3%
- YTD6.6%
In the last week, the Chemicals industry is up 1.7%, with Pidilite Industries up 3.0%. In the same time, UPL was down 5.4%. The industry has been flat over the past 12 months despite the gain this week. As for the next few years, earnings are expected to grow by 16% 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 |
|---|---|---|---|---|---|---|
| Sun, 09 Aug 2026 | ₹19.7t | ₹7.6t | ₹587.0b | 20.5x | 33.6x | 2.6x |
| Tue, 07 Jul 2026 | ₹19.4t | ₹7.4t | ₹540.1b | 21.1x | 35.9x | 2.6x |
| Thu, 04 Jun 2026 | ₹18.6t | ₹7.4t | ₹539.2b | 20.7x | 34.5x | 2.5x |
| Sat, 02 May 2026 | ₹18.0t | ₹7.2t | ₹541.8b | 23x | 33.2x | 2.5x |
| Mon, 30 Mar 2026 | ₹15.9t | ₹7.2t | ₹538.7b | 19.7x | 29.6x | 2.2x |
| Wed, 25 Feb 2026 | ₹17.3t | ₹7.1t | ₹536.0b | 22.2x | 32.3x | 2.4x |
| Fri, 23 Jan 2026 | ₹18.0t | ₹7.1t | ₹495.8b | 22.2x | 36.2x | 2.5x |
| Sun, 21 Dec 2025 | ₹18.7t | ₹7.1t | ₹495.4b | 23.4x | 37.6x | 2.6x |
| Tue, 18 Nov 2025 | ₹19.4t | ₹7.1t | ₹497.5b | 25.4x | 39.1x | 2.7x |
| Thu, 16 Oct 2025 | ₹19.2t | ₹6.9t | ₹457.5b | 25.8x | 41.9x | 2.8x |
| Sat, 13 Sep 2025 | ₹19.9t | ₹6.9t | ₹457.1b | 26.8x | 43.5x | 2.9x |
| Mon, 11 Aug 2025 | ₹19.7t | ₹6.9t | ₹456.6b | 26.8x | 43.2x | 2.9x |
| Wed, 09 Jul 2025 | ₹20.5t | ₹6.8t | ₹443.5b | 29x | 46.2x | 3x |
| Fri, 06 Jun 2025 | ₹19.9t | ₹6.8t | ₹444.3b | 27.5x | 44.8x | 2.9x |
| Sun, 04 May 2025 | ₹18.4t | ₹6.6t | ₹410.6b | 24.3x | 44.7x | 2.8x |
| Tue, 01 Apr 2025 | ₹17.5t | ₹6.6t | ₹410.2b | 23.7x | 42.7x | 2.7x |
| Thu, 27 Feb 2025 | ₹16.8t | ₹6.6t | ₹410.1b | 24.6x | 40.9x | 2.5x |
| Sat, 25 Jan 2025 | ₹17.8t | ₹6.5t | ₹368.5b | 29.1x | 48.2x | 2.8x |
| Mon, 23 Dec 2024 | ₹18.7t | ₹6.4t | ₹367.7b | 32.4x | 50.8x | 2.9x |
| Wed, 20 Nov 2024 | ₹18.7t | ₹6.4t | ₹367.1b | 31.4x | 50.8x | 2.9x |
| Fri, 18 Oct 2024 | ₹20.6t | ₹6.4t | ₹369.7b | 36.2x | 55.9x | 3.2x |
| Sun, 15 Sep 2024 | ₹21.3t | ₹6.4t | ₹369.5b | 36.4x | 57.7x | 3.3x |
| Tue, 13 Aug 2024 | ₹20.3t | ₹6.4t | ₹369.9b | 34.9x | 54.9x | 3.2x |
| Thu, 11 Jul 2024 | ₹20.1t | ₹6.4t | ₹381.4b | 34.4x | 52.7x | 3.2x |
| Sat, 08 Jun 2024 | ₹18.2t | ₹6.3t | ₹369.3b | 30.3x | 49.3x | 2.9x |
| Mon, 06 May 2024 | ₹18.1t | ₹6.5t | ₹393.3b | 30.5x | 45.9x | 2.8x |
| Wed, 03 Apr 2024 | ₹17.4t | ₹6.5t | ₹410.6b | 29.1x | 42.3x | 2.7x |
| Fri, 01 Mar 2024 | ₹17.0t | ₹6.5t | ₹410.1b | 29.8x | 41.4x | 2.6x |
| Sun, 28 Jan 2024 | ₹17.2t | ₹6.8t | ₹488.3b | 29.9x | 35.2x | 2.5x |
| Tue, 26 Dec 2023 | ₹17.6t | ₹6.8t | ₹485.5b | 29.6x | 36.3x | 2.6x |
| Thu, 23 Nov 2023 | ₹16.6t | ₹6.7t | ₹483.9b | 28x | 34.3x | 2.5x |
| Sat, 21 Oct 2023 | ₹16.6t | ₹6.9t | ₹514.6b | 27.2x | 32.3x | 2.4x |
| Mon, 18 Sep 2023 | ₹16.8t | ₹6.9t | ₹513.6b | 27.7x | 32.7x | 2.4x |
| Wed, 16 Aug 2023 | ₹15.9t | ₹6.9t | ₹516.0b | 25.3x | 30.9x | 2.3x |
Price to Earnings Ratio
30.9x
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 33.6x which is lower than its 3-year average PE of 41.8x.
- 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 grown 4.4% per year over the last three years.
- Revenues for these companies have grown 3.2% 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 | 1.27% | |
| Materials | 2.84% | |
| Chemicals | 1.71% | |
| Industrial Gases | 5.14% | |
| Diversified Chemicals | 2.46% | |
| Commodity Chemicals | 2.09% | |
| Specialty Chemicals | 1.79% | |
| Fertilizers and Agricultural Chemicals | -0.068% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry even though it's trading below its 3-year average PE ratio of 119x.
- Analysts are expecting annual earnings growth of 15.0%, which is lower than the prior year's growth of 35.6% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, which is trading below its 3-year average of 33.5x.
Forecasted Growth
- Analysts are most optimistic on the Commodity Chemicals industry, expecting annual earnings growth of 22% over the next 5 years.
- This is better than its past earnings growth rate of 16% per year.
- In contrast, the Diversified Chemicals industry is expected to see its earnings grow by 12% 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 | |
|---|---|---|---|---|---|
| PIDILITIND Pidilite Industries | ₹1.66k | 3.0% +₹49.5b | 7.7% | PE63.8x | |
| 532504 Navin Fluorine International | ₹8.27k | 9.3% +₹36.2b | 71.9% | PE53.7x | |
| 523457 Linde India | ₹7.10k | 5.1% +₹29.5b | 11.3% | PE110.3x | |
| SOLARINDS Solar Industries India | ₹18.65k | 1.4% +₹23.4b | 29.0% | PE100.6x | |
| 500123 ELANTAS Beck India | ₹12.32k | 31.1% +₹23.2b | 19.2% | PE55x |
