Analyst Estimates: Here's What Brokers Think Of Anupam Rasayan India Limited (NSE:ANURAS) After Its Full-Year Report
May 22
Indian (NIFTY) Chemicals Industry Analysis
UpdatedMay 23, 2024
DataAggregated Company Financials
Companies318
- 7D2.5%
- 3M4.3%
- 1Y18.5%
- YTD0.05%
In the last week, the Chemicals industry is up 2.5%, with Solar Industries India up 19%. This means that the industry has gained 18% over the past year. Looking forward, earnings are forecast to grow by 20% 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 |
|---|---|---|---|---|---|---|
| Thu, 23 May 2024 | ₹18.2t | ₹6.4t | ₹371.6b | 30.2x | 48.9x | 2.8x |
| Sat, 20 Apr 2024 | ₹17.3t | ₹6.5t | ₹410.6b | 30x | 42.1x | 2.7x |
| Mon, 18 Mar 2024 | ₹16.7t | ₹6.5t | ₹411.3b | 27.8x | 40.6x | 2.6x |
| Wed, 14 Feb 2024 | ₹16.9t | ₹6.6t | ₹434.6b | 29.4x | 39x | 2.6x |
| Fri, 12 Jan 2024 | ₹17.8t | ₹6.8t | ₹483.5b | 30.7x | 36.8x | 2.6x |
| Sun, 10 Dec 2023 | ₹17.3t | ₹6.8t | ₹485.5b | 28.6x | 35.6x | 2.6x |
| Tue, 07 Nov 2023 | ₹16.3t | ₹6.8t | ₹506.6b | 27.5x | 32.2x | 2.4x |
| Thu, 05 Oct 2023 | ₹16.5t | ₹6.9t | ₹513.7b | 27x | 32x | 2.4x |
| Sat, 02 Sep 2023 | ₹16.8t | ₹6.9t | ₹513.8b | 27.3x | 32.8x | 2.4x |
| Mon, 31 Jul 2023 | ₹16.0t | ₹7.1t | ₹553.3b | 22.6x | 28.8x | 2.3x |
| Wed, 28 Jun 2023 | ₹16.0t | ₹7.1t | ₹561.2b | 22.1x | 28.4x | 2.3x |
| Fri, 26 May 2023 | ₹15.3t | ₹7.1t | ₹599.2b | 20.7x | 25.5x | 2.2x |
| Sun, 23 Apr 2023 | ₹14.8t | ₹7.0t | ₹616.3b | 20.3x | 24.1x | 2.1x |
| Tue, 21 Mar 2023 | ₹14.2t | ₹7.0t | ₹614.1b | 18.3x | 23x | 2x |
| Thu, 16 Feb 2023 | ₹14.4t | ₹7.0t | ₹614.6b | 19.4x | 23.5x | 2.1x |
| Sat, 14 Jan 2023 | ₹15.1t | ₹6.7t | ₹618.3b | 19.9x | 24.4x | 2.2x |
| Mon, 12 Dec 2022 | ₹15.8t | ₹6.6t | ₹613.8b | 19.8x | 25.7x | 2.4x |
| Wed, 09 Nov 2022 | ₹15.8t | ₹6.4t | ₹603.3b | 19x | 26.1x | 2.5x |
| Fri, 07 Oct 2022 | ₹16.2t | ₹6.2t | ₹595.6b | 20.2x | 27.1x | 2.6x |
| Sun, 04 Sep 2022 | ₹16.4t | ₹6.2t | ₹595.0b | 19.3x | 27.6x | 2.7x |
| Tue, 02 Aug 2022 | ₹15.6t | ₹5.8t | ₹559.9b | 18.9x | 27.9x | 2.7x |
| Thu, 30 Jun 2022 | ₹13.8t | ₹5.6t | ₹536.2b | 17x | 25.7x | 2.5x |
| Sat, 28 May 2022 | ₹14.2t | ₹5.5t | ₹521.5b | 17.7x | 27.2x | 2.6x |
| Mon, 25 Apr 2022 | ₹15.8t | ₹5.1t | ₹483.5b | 20.5x | 32.6x | 3.1x |
| Wed, 23 Mar 2022 | ₹15.3t | ₹5.1t | ₹481.8b | 18.6x | 31.7x | 3x |
| Fri, 18 Feb 2022 | ₹15.1t | ₹5.1t | ₹493.9b | 19.5x | 30.6x | 3x |
| Sun, 16 Jan 2022 | ₹16.3t | ₹4.7t | ₹454.5b | 20.5x | 35.9x | 3.5x |
| Tue, 14 Dec 2021 | ₹15.2t | ₹4.7t | ₹454.7b | 18.1x | 33.4x | 3.2x |
| Thu, 11 Nov 2021 | ₹15.1t | ₹4.6t | ₹415.2b | 19.1x | 36.4x | 3.3x |
| Sat, 09 Oct 2021 | ₹16.1t | ₹4.4t | ₹434.0b | 20x | 37.1x | 3.7x |
| Mon, 06 Sep 2021 | ₹14.9t | ₹4.4t | ₹432.4b | 18.3x | 34.5x | 3.4x |
| Wed, 04 Aug 2021 | ₹14.4t | ₹4.3t | ₹428.8b | 18.8x | 33.5x | 3.3x |
Price to Earnings Ratio
35.3x
Current Industry PE
- Investors are optimistic on the Indian Chemicals industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 48.8x which is higher than its 3-year average PE of 31.2x.
- 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 remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 17% 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 and as a result, profits have held steady.
Industry Trends
Which industries have driven the changes within the Indian Materials industry?
| IN Market | 2.86% | |
| Materials | 5.19% | |
| Chemicals | 2.50% | |
| Industrial Gases | 5.74% | |
| Commodity Chemicals | 4.89% | |
| Specialty Chemicals | 1.81% | |
| Fertilizers and Agricultural Chemicals | 1.00% | |
| Diversified Chemicals | 0.56% | |
Industry PE
- Investors are most optimistic about the Industrial Gases industry which is trading above its 3-year average PE ratio of 82.2x.
- Analysts are expecting annual earnings growth of 38.0%, which is higher than its past year's earnings decline of 1.6% per year.
- Investors are most pessimistic about the Fertilizers and Agricultural Chemicals industry, although it looks like investor sentiment has improved given that it's trading above its 3-year average of 19.5x.
Forecasted Growth
- Analysts are most optimistic on the Industrial Gases industry, expecting annual earnings growth of 38% over the next 5 years.
- This is better than its past earnings decline of 1.6% per year.
- In contrast, the Diversified 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 | ₹9.95k | 19.0% +₹143.9b | 162.1% | PE107.7x | |
| ASIANPAINT Asian Paints | ₹2.89k | 2.6% +₹69.1b | -7.0% | PE50.7x | |
| 523457 Linde India | ₹9.28k | 5.7% +₹43.0b | 132.2% | PE185x | |
| CARBORUNIV Carborundum Universal | ₹1.74k | 13.4% +₹39.0b | 48.8% | PE71.7x | |
| 524200 Vinati Organics | ₹1.77k | 12.7% +₹20.7b | -1.1% | PE56.8x |
