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May 29
Indian (NIFTY) Commodity Chemicals Industry Analysis
UpdatedJun 01, 2024
DataAggregated Company Financials
Companies133
- 7D-4.0%
- 3M6.0%
- 1Y36.7%
- YTDn/a
Over the last 7 days, the Commodity Chemicals industry has dropped 4.0%, driven by a pullback from Solar Industries India of 6.4%. Meanwhile, Ddev Plastiks Industries actually outperformed within the industry, gaining 13% in the last week. In the past year, the industry has gained 37%. Looking forward, earnings are forecast to grow by 19% annually.
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, 01 Jun 2024 | ₹5.1t | ₹2.1t | ₹117.4b | 25.9x | 43.1x | 2.4x |
| Mon, 29 Apr 2024 | ₹5.1t | ₹2.1t | ₹136.8b | 27.7x | 37x | 2.5x |
| Wed, 27 Mar 2024 | ₹4.8t | ₹2.1t | ₹136.9b | 25.1x | 34.9x | 2.3x |
| Fri, 23 Feb 2024 | ₹4.7t | ₹2.1t | ₹148.3b | 25.9x | 32x | 2.3x |
| Sun, 21 Jan 2024 | ₹4.8t | ₹2.1t | ₹156.7b | 24.5x | 30.8x | 2.3x |
| Tue, 19 Dec 2023 | ₹4.7t | ₹2.1t | ₹157.4b | 24x | 30x | 2.3x |
| Thu, 16 Nov 2023 | ₹4.4t | ₹2.1t | ₹160.9b | 23.5x | 27.5x | 2.1x |
| Sat, 14 Oct 2023 | ₹4.4t | ₹2.1t | ₹169.7b | 22.4x | 26x | 2.1x |
| Mon, 11 Sep 2023 | ₹4.5t | ₹2.1t | ₹170.0b | 23.9x | 26.7x | 2.2x |
| Wed, 09 Aug 2023 | ₹4.1t | ₹2.1t | ₹181.8b | 20.2x | 22.4x | 1.9x |
| Fri, 07 Jul 2023 | ₹3.9t | ₹2.1t | ₹181.2b | 20.2x | 21.4x | 1.8x |
| Sun, 04 Jun 2023 | ₹3.7t | ₹2.1t | ₹181.4b | 18.7x | 20.2x | 1.7x |
| Tue, 02 May 2023 | ₹3.5t | ₹2.2t | ₹210.5b | 14.5x | 16.9x | 1.6x |
| Thu, 30 Mar 2023 | ₹3.3t | ₹2.2t | ₹207.8b | 12.4x | 16x | 1.5x |
| Sat, 25 Feb 2023 | ₹3.4t | ₹2.2t | ₹207.8b | 13.8x | 16.6x | 1.6x |
| Mon, 23 Jan 2023 | ₹3.5t | ₹2.1t | ₹215.1b | 14.6x | 16.3x | 1.7x |
| Wed, 21 Dec 2022 | ₹3.6t | ₹2.1t | ₹210.4b | 15.2x | 17.1x | 1.8x |
| Fri, 18 Nov 2022 | ₹3.6t | ₹2.0t | ₹209.4b | 14.8x | 17.2x | 1.8x |
| Sun, 16 Oct 2022 | ₹3.6t | ₹1.9t | ₹203.5b | 16.4x | 17.9x | 1.9x |
| Tue, 13 Sep 2022 | ₹3.8t | ₹1.9t | ₹203.5b | 16.3x | 18.7x | 2x |
| Thu, 11 Aug 2022 | ₹3.6t | ₹1.7t | ₹200.3b | 15.4x | 17.8x | 2.1x |
| Sat, 09 Jul 2022 | ₹3.2t | ₹1.8t | ₹182.7b | 14x | 17.4x | 1.8x |
| Mon, 06 Jun 2022 | ₹3.3t | ₹1.8t | ₹182.6b | 14.4x | 18.2x | 1.9x |
| Wed, 04 May 2022 | ₹3.7t | ₹1.7t | ₹167.0b | 16.3x | 22.3x | 2.2x |
| Fri, 01 Apr 2022 | ₹3.6t | ₹1.7t | ₹163.4b | 15.4x | 22.2x | 2.2x |
| Sun, 27 Feb 2022 | ₹3.4t | ₹1.7t | ₹167.4b | 13.5x | 20x | 2x |
| Tue, 25 Jan 2022 | ₹3.7t | ₹1.6t | ₹162.9b | 16x | 22.4x | 2.3x |
| Thu, 23 Dec 2021 | ₹3.6t | ₹1.6t | ₹163.7b | 13.4x | 22.3x | 2.3x |
| Sat, 20 Nov 2021 | ₹3.8t | ₹1.6t | ₹163.3b | 14.1x | 23.1x | 2.4x |
| Mon, 18 Oct 2021 | ₹4.1t | ₹1.4t | ₹152.6b | 15.2x | 27.1x | 2.9x |
| Wed, 15 Sep 2021 | ₹3.6t | ₹1.4t | ₹147.7b | 14.6x | 24.6x | 2.6x |
| Fri, 13 Aug 2021 | ₹3.5t | ₹1.4t | ₹148.8b | 14.8x | 23.3x | 2.4x |
| Tue, 08 Jun 2021 | ₹3.2t | ₹1.3t | ₹117.9b | 15.7x | 26.8x | 2.5x |
Price to Earnings Ratio
26.8x
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 43.1x which is higher than its 3-year average PE of 23.1x.
- The 3-year average PS ratio of 2.1x is lower than the industry's current PS ratio of 2.4x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have remained mostly flat over the last three years.
- Meanwhile revenues for these companies have grown 18% 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 Comparison
How does Indian Commodity Chemicals compare with similar industries?
| IN Market | -1.89% | |
| Materials | -2.85% | |
| Chemicals | -2.31% | |
| Commodity Chemicals | -4.05% | |
| Diversified Chemicals | -1.22% | |
| Fertilizers and Agricultural Chemicals | -1.37% | |
| Specialty Chemicals | -1.51% | |
| Industrial Gases | -4.59% | |
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 | |
|---|---|---|---|---|---|
| 543547 Ddev Plastiks Industries | ₹332.80 | 13.3% +₹4.1b | 110.9% | PE19x | |
| 500655 Garware Hi-Tech Films | ₹1.81k | 9.8% +₹3.8b | 133.3% | PE20.7x | |
| 530475 Tinna Rubber and Infrastructure | ₹1.29k | 14.8% +₹2.9b | 420.5% | PE55.1x | |
| 500870 Castrol India | ₹194.65 | 0.8% +₹1.4b | 69.9% | PE21.9x | |
| 524820 Panama Petrochem | ₹359.70 | 3.6% +₹750.1m | 28.0% | PE11.2x |
