Pidilite Industries' (NSE:PIDILITIND) Returns On Capital Not Reflecting Well On The Business
Oct 27
Indian (NIFTY) Diversified Chemicals Industry Analysis
UpdatedOct 30, 2023
DataAggregated Company Financials
Companies10
- 7D-2.8%
- 3M-6.1%
- 1Y-11.5%
- YTD-7.6%
Over the last 7 days, the Diversified Chemicals industry has dropped 2.8%, driven by a pullback from Pidilite Industries of 2.4%. On the other hand Punjab Chemicals and Crop Protection is actually up 11%. However, the industry is down 11% over the past year. Earnings are forecast to grow by 19% annually.
Industry Valuation and Performance
Has the Indian Diversified Chemicals Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Mon, 30 Oct 2023 | ₹2.3t | ₹603.4b | ₹49.7b | 34x | 46.9x | 3.9x |
| Wed, 27 Sep 2023 | ₹2.5t | ₹612.2b | ₹52.1b | 34.7x | 47.6x | 4.1x |
| Fri, 25 Aug 2023 | ₹2.5t | ₹612.2b | ₹52.1b | 34x | 47.7x | 4.1x |
| Sun, 23 Jul 2023 | ₹2.5t | ₹621.6b | ₹53.7b | 30.4x | 47.1x | 4.1x |
| Tue, 20 Jun 2023 | ₹2.6t | ₹624.5b | ₹54.3b | 33x | 47.6x | 4.1x |
| Thu, 18 May 2023 | ₹2.5t | ₹624.2b | ₹54.3b | 33.9x | 46.3x | 4x |
| Sat, 15 Apr 2023 | ₹2.4t | ₹624.0b | ₹57.8b | 32.8x | 41.7x | 3.9x |
| Mon, 13 Mar 2023 | ₹2.3t | ₹624.0b | ₹57.8b | 30.8x | 40.6x | 3.8x |
| Wed, 08 Feb 2023 | ₹2.3t | ₹624.8b | ₹58.3b | 27.2x | 39.8x | 3.7x |
| Fri, 06 Jan 2023 | ₹2.5t | ₹621.6b | ₹60.4b | 28.4x | 41.4x | 4x |
| Sun, 04 Dec 2022 | ₹2.7t | ₹621.6b | ₹60.4b | 29.3x | 44.3x | 4.3x |
| Tue, 01 Nov 2022 | ₹2.7t | ₹604.7b | ₹60.4b | 25.7x | 44.1x | 4.4x |
| Thu, 29 Sep 2022 | ₹2.8t | ₹596.4b | ₹60.7b | 25.8x | 45.3x | 4.6x |
| Sat, 27 Aug 2022 | ₹2.7t | ₹596.4b | ₹60.7b | 28.4x | 44.6x | 4.5x |
| Mon, 25 Jul 2022 | ₹2.5t | ₹518.0b | ₹59.6b | 25x | 41.3x | 4.8x |
| Wed, 22 Jun 2022 | ₹2.3t | ₹547.9b | ₹56.5b | 22.8x | 40.3x | 4.2x |
| Fri, 20 May 2022 | ₹2.3t | ₹543.0b | ₹56.9b | 23.5x | 40.9x | 4.3x |
| Sun, 17 Apr 2022 | ₹2.6t | ₹518.6b | ₹52.4b | 26.6x | 50.3x | 5.1x |
| Tue, 15 Mar 2022 | ₹2.5t | ₹518.6b | ₹52.4b | 27.2x | 48.6x | 4.9x |
| Thu, 10 Feb 2022 | ₹2.7t | ₹510.4b | ₹52.4b | 29.7x | 51.4x | 5.3x |
| Sat, 08 Jan 2022 | ₹2.8t | ₹479.8b | ₹50.8b | 30.9x | 54.4x | 5.8x |
| Mon, 06 Dec 2021 | ₹2.4t | ₹479.8b | ₹50.8b | 28.3x | 46.5x | 4.9x |
| Wed, 03 Nov 2021 | ₹2.5t | ₹462.6b | ₹53.4b | n/a | 46.1x | 5.3x |
| Fri, 01 Oct 2021 | ₹2.5t | ₹449.1b | ₹52.5b | 30.9x | 48.5x | 5.7x |
| Sun, 29 Aug 2021 | ₹2.3t | ₹449.1b | ₹52.5b | 32.9x | 44.3x | 5.2x |
| Mon, 05 Jul 2021 | ₹2.1t | ₹449.1b | ₹52.5b | 30.1x | 40.4x | 4.7x |
| Thu, 08 Apr 2021 | ₹1.7t | ₹406.5b | ₹44.3b | 24.9x | 37.8x | 4.1x |
| Sun, 10 Jan 2021 | ₹1.6t | ₹375.3b | ₹40.0b | 23.3x | 40.1x | 4.3x |
Price to Earnings Ratio
38.2x
Current Industry PE
- Investors are relatively neutral on the Indian Diversified Chemicals industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PE ratio of 44.4x.
- The 3-year average PS ratio of 4.5x is higher than the industry's current PS ratio of 3.9x.
Past Earnings Growth
- The earnings for companies in the Diversified Chemicals industry have grown 11% per year over the last three years.
- Revenues for these companies have grown 18% 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 Diversified Chemicals compare with similar industries?
| IN Market | -2.60% | |
| Materials | -4.03% | |
| Chemicals | -4.45% | |
| Diversified Chemicals | -2.75% | |
| Specialty Chemicals | -3.69% | |
| Fertilizers and Agricultural Chemicals | -5.07% | |
| Commodity Chemicals | -5.59% | |
| 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 | |
|---|---|---|---|---|---|
| 503806 SRF | ₹2.18k | 0.4% +₹2.8b | -14.7% | PE37.3x | |
| 506618 Punjab Chemicals and Crop Protection | ₹1.21k | 17.9% +₹2.2b | -3.6% | PE23.4x | |
| BASF BASF India | ₹2.51k | 1.1% +₹1.2b | -12.5% | PE34.1x | |
| 506655 Sudarshan Chemical Industries | ₹474.45 | 3.1% +₹972.6m | 15.4% | PE10.8x | |
| 506405 DMCC Speciality Chemicals | ₹291.30 | 0.09% +₹6.2m | -21.4% | PE189.3x |