Capital Allocation Trends At Supreme Industries (NSE:SUPREMEIND) Aren't Ideal
Oct 26
Indian (NIFTY) Commodity Chemicals Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies134
- 7D-5.6%
- 3M6.0%
- 1Y17.1%
- YTD18.3%
Over the last 7 days, the Commodity Chemicals industry has dropped 5.6%, driven by Berger Paints India declining 4.3%. Over the past 12 months, the industry was up 17%. Earnings are forecast to grow by 14% 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 |
|---|---|---|---|---|---|---|
| Tue, 31 Oct 2023 | ₹4.2t | ₹2.1t | ₹172.9b | 21.4x | 24.5x | 2x |
| Thu, 28 Sep 2023 | ₹4.4t | ₹2.1t | ₹169.5b | 22.1x | 25.7x | 2.1x |
| Sat, 26 Aug 2023 | ₹4.2t | ₹2.1t | ₹170.0b | 22.1x | 24.7x | 2x |
| Mon, 24 Jul 2023 | ₹3.9t | ₹2.1t | ₹181.9b | 20.2x | 21.5x | 1.8x |
| Wed, 21 Jun 2023 | ₹3.8t | ₹2.1t | ₹181.2b | 19.5x | 21.2x | 1.8x |
| Fri, 19 May 2023 | ₹3.7t | ₹2.2t | ₹211.9b | 14.7x | 17.3x | 1.7x |
| Sun, 16 Apr 2023 | ₹3.5t | ₹2.2t | ₹209.9b | 13.5x | 16.5x | 1.6x |
| Tue, 14 Mar 2023 | ₹3.4t | ₹2.2t | ₹207.8b | 13.1x | 16.5x | 1.6x |
| Thu, 09 Feb 2023 | ₹3.5t | ₹2.2t | ₹212.0b | 14.1x | 16.4x | 1.6x |
| Sat, 07 Jan 2023 | ₹3.6t | ₹2.1t | ₹215.1b | 14.6x | 16.6x | 1.7x |
| Mon, 05 Dec 2022 | ₹3.7t | ₹2.1t | ₹210.4b | 15x | 17.5x | 1.8x |
| Wed, 02 Nov 2022 | ₹3.7t | ₹2.0t | ₹203.2b | 14.7x | 18x | 1.9x |
| Fri, 30 Sep 2022 | ₹3.6t | ₹1.9t | ₹203.5b | 15.9x | 17.7x | 1.9x |
| Sun, 28 Aug 2022 | ₹3.6t | ₹1.9t | ₹203.4b | 15.6x | 17.9x | 1.9x |
| Tue, 26 Jul 2022 | ₹3.3t | ₹1.8t | ₹183.7b | 14.4x | 17.9x | 1.8x |
| Thu, 23 Jun 2022 | ₹3.0t | ₹1.8t | ₹182.7b | 12.8x | 16.4x | 1.7x |
| Sat, 21 May 2022 | ₹3.4t | ₹1.7t | ₹170.8b | 15.5x | 19.8x | 2x |
| Mon, 18 Apr 2022 | ₹3.8t | ₹1.7t | ₹163.4b | 17.1x | 23x | 2.2x |
| Wed, 16 Mar 2022 | ₹3.4t | ₹1.7t | ₹163.4b | 14.2x | 21.1x | 2.1x |
| Fri, 11 Feb 2022 | ₹3.7t | ₹1.6t | ₹163.3b | 15.6x | 22.5x | 2.3x |
| Sun, 09 Jan 2022 | ₹3.8t | ₹1.6t | ₹163.7b | 15.2x | 23.5x | 2.5x |
| Tue, 07 Dec 2021 | ₹3.7t | ₹1.6t | ₹164.0b | 13.1x | 22.5x | 2.4x |
| Thu, 04 Nov 2021 | ₹3.7t | ₹1.5t | ₹159.2b | 14.2x | 23.4x | 2.5x |
| Sat, 02 Oct 2021 | ₹3.7t | ₹1.4t | ₹148.3b | 15.1x | 24.9x | 2.6x |
| Mon, 30 Aug 2021 | ₹3.5t | ₹1.4t | ₹149.8b | 14.3x | 23.2x | 2.4x |
| Tue, 06 Jul 2021 | ₹3.3t | ₹1.4t | ₹148.8b | 13.5x | 21.9x | 2.3x |
| Fri, 09 Apr 2021 | ₹2.9t | ₹1.3t | ₹117.9b | 12.7x | 24.2x | 2.3x |
| Thu, 31 Dec 2020 | ₹2.5t | ₹1.2t | ₹87.4b | 14.8x | 29x | 2.1x |
Price to Earnings Ratio
27.2x
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 24.5x which is higher than its 3-year average PE of 22.0x.
- The industry is trading close to its 3-year average PS ratio of 2.0x.
Past Earnings Growth
- The earnings for companies in the Commodity Chemicals industry have grown 30% per year over the last three years.
- Revenues for these companies have grown 22% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Commodity Chemicals compare with similar industries?
| IN Market | -2.60% | |
| Materials | -4.03% | |
| Chemicals | -4.45% | |
| Commodity Chemicals | -5.59% | |
| Diversified Chemicals | -2.75% | |
| Specialty Chemicals | -3.69% | |
| Fertilizers and Agricultural Chemicals | -5.07% | |
| Industrial Gases | -7.08% | |
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 | |
|---|---|---|---|---|---|
| SUPREMEIND Supreme Industries | ₹4.52k | 4.6% +₹25.4b | 108.4% | PE66.3x | |
| SOLARINDS Solar Industries India | ₹5.31k | 2.6% +₹12.4b | 36.1% | PE61.2x | |
| 506480 GOCL | ₹618.15 | 13.2% +₹3.6b | 132.0% | PE31.2x | |
| GULFOILLUB Gulf Oil Lubricants India | ₹609.85 | 13.1% +₹3.5b | 47.5% | PE11.2x | |
| PCBL PCBL | ₹194.35 | 4.1% +₹2.9b | 52.9% | PE17x |
