3 Carbon Materials, Oleochemicals and Urea Production Stocks With a Strong Future Roadmap: Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals
- October 21, 2026
- Posted by: Chaitanya Auti
- Category: Best Stocks
Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals: ROE of 16.6% to 23.2% and FY22 to FY26 revenue CAGR of 6.7% to 15.8%. Prices as of 20 Oct 2026.
Quick Answer
The three speciality chemical and fertiliser stocks to watch are Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals. Their return on equity ranges from 16.6% to 23.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.7% to 15.8%. Fairchem Organics leads on both return on equity at 23.2% and revenue growth at 15.8% a year. Prices are based on the 20 October 2026 close, and this article is educational, not investment advice.
Speciality chemical and fertiliser stocks let investors follow companies that supply materials to industry and farms. Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals cover carbon materials, oleochemicals and antioxidants, and urea and crop inputs.
This list covers three speciality chemical and fertiliser stocks with complete current figures: Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals. Every figure comes from the latest reported financials and the 20 October 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Speciality Chemical and Fertiliser Stocks?
Speciality chemical and fertiliser stocks are listed companies that make carbon materials, oleochemicals, fertilisers and related products for industry and agriculture. Their earnings depend on volumes, product mix and input costs.
Speciality Chemical and Fertiliser Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Himadri Speciality Chemical | 605.85 | 30,567 | 35.6 | 35.1 | 16.6 | 0.23 |
| Fairchem Organics | 750.65 | 12,821 | 37.5 | 35.1 | 23.2 | 0.72 |
| Chambal Fertilisers and Chemicals | 382.95 | 15,339 | 8.0 | 21.2 | 18.8 | 0.10 |
On valuation, Chambal Fertilisers and Chemicals trades at a P/E below the industry P/E, while Himadri Speciality Chemical and Fairchem Organics trade above it, which reflects the growth the market already expects. Readers comparing speciality chemical and fertiliser stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Speciality Chemical and Fertiliser Stocks Have a Strong Roadmap in India?
Speciality chemical and fertiliser stocks have a strong roadmap in India because industrial output, battery and nutrition demand and steady farm needs are widening the market for these products.
- Industrial demand. Rubber, steel and aluminium users need carbon materials.
- Nutrition and food uses. Natural antioxidants serve food and nutrition makers.
- Farm inputs. Fertilisers and crop products support steady yearly demand.
Why Himadri Speciality Chemical Features Among These Speciality Chemical and Fertiliser Stocks
Among the speciality chemical and fertiliser stocks on this list, Himadri Speciality Chemical is a Kolkata-based maker of speciality carbon black, coal tar pitch and other carbon materials, and it is developing advanced carbon materials for battery uses.
Revenue rose from Rs 2,799 crore in FY22 to Rs 4,832 crore in FY26, a compound annual growth rate of 14.6%. Net profit grew from Rs 216 crore in FY23 to Rs 755 crore in FY26, which works out to a compound annual growth rate of 51.8%.
The company has a return on equity of 16.6%, a debt to equity ratio of 0.23 and a market capitalisation of Rs 30,567 crore. The stock trades at a P/E of 35.6, above the industry P/E of 35.1.
Roadmap: The company supplies materials to the rubber, aluminium, steel and chemical industries, and it has been moving towards higher-value speciality products. Its battery materials programme gives it a longer-term growth option.
What to watch: Follow volumes in speciality carbon black and progress on advanced battery materials.
Why Fairchem Organics Features Among These Speciality Chemical and Fertiliser Stocks
Among the carbon material shares on this list, Fairchem Organics, earlier Fairchem Speciality, makes specialty oleochemicals and natural antioxidants, including tocopherols and fatty acids for food, nutrition and pharma uses.
In the June 2026 quarter, revenue grew 20.0% year on year to Rs 681 crore, while net profit rose 43.9% to Rs 82.8 crore. Revenue rose from Rs 1,436 crore in FY22 to Rs 2,583 crore in FY26, a compound annual growth rate of 15.8%.
Net profit grew from Rs 97.4 crore in FY22 to Rs 317 crore in FY26, which works out to a compound annual growth rate of 34.3%. The company has a return on equity of 23.2%, a debt to equity ratio of 0.72 and a market capitalisation of Rs 12,821 crore. The stock trades at a P/E of 37.5, above the industry P/E of 35.1.
Roadmap: The company recovers value from vegetable oil processing by-products and supplies natural ingredients to global customers. It is widening its range of specialty ingredients and investing in new plants.
What to watch: Check the ramp-up of newer product lines and capacity.
Why Chambal Fertilisers and Chemicals Features Among These Speciality Chemical and Fertiliser Stocks
Among the three companies on this list, Chambal Fertilisers and Chemicals makes urea at its plants in Rajasthan and trades in other fertilisers, crop protection chemicals and agri inputs.
The company has a return on equity of 18.8%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 15,339 crore. The stock trades at a P/E of 8.0, below the industry P/E of 21.2.
Revenue rose from Rs 16,137 crore in FY22 to Rs 20,921 crore in FY26, a compound annual growth rate of 6.7%. Net profit grew from Rs 1,566 crore in FY22 to Rs 1,953 crore in FY26, which works out to a compound annual growth rate of 5.7%.
Roadmap: The company has a strong urea franchise with large volumes and a wide dealer network. It is widening into crop protection and specialty agri inputs, which adds higher-margin revenue to the base fertiliser business.
What to watch: Track fertiliser subsidy policy updates and the monsoon, which both influence volumes and working capital.
Himadri Speciality Chemical vs Fairchem Organics vs Chambal Fertilisers and Chemicals on Key Financials
The table below sets the three speciality chemical and fertiliser stocks side by side on revenue, profit and margin, using reported figures.
| Company | FY22 Revenue (Rs Cr) | FY26 Revenue (Rs Cr) | Revenue CAGR (FY22-FY26) | FY26 Net Profit (Rs Cr) | FY26 Net Margin |
|---|---|---|---|---|---|
| Himadri Speciality Chemical | 2,799 | 4,832 | 14.6% | 755 | 15.6% |
| Fairchem Organics | 1,436 | 2,583 | 15.8% | 317 | 12.3% |
| Chambal Fertilisers and Chemicals | 16,137 | 20,921 | 6.7% | 1,953 | 9.3% |
Fairchem Organics posts the highest return on equity in this group at 23.2%. Chambal Fertilisers and Chemicals has the largest FY26 revenue at Rs 20,921 crore, and Fairchem Organics shows the fastest revenue growth with a 15.8% compound annual rate. A useful habit with speciality chemical and fertiliser stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Speciality Chemical and Fertiliser Stocks
Every theme carries risks that deserve a check before any decision. For these speciality chemical and fertiliser stocks, the main points are:
- Input costs. Raw material and gas prices can affect margins.
- Policy changes. Fertiliser subsidies and trade rules can shift returns.
- Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them.
Treat this list as a starting point for research and not as a recommendation. Read the latest results presentation, check the management commentary on order books or capacity plans, and compare each company with its peers before you decide anything.
Use the Univest Stock Screener to filter speciality chemical and fertiliser stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Speciality Chemical and Fertiliser Stocks
Speciality chemical and fertiliser stocks reward investors who follow volumes, product mix and input costs together. Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals each reach a different set of customers. Based on the 20 October 2026 close, Himadri Speciality Chemical trades at Rs 605.85, Fairchem Organics at Rs 750.65 and Chambal Fertilisers and Chemicals at Rs 382.95.
Download the Univest iOS App or Univest Android App to track speciality chemical and fertiliser stocks, set price alerts and get research-backed stock ideas.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
What are speciality chemical and fertiliser stocks?
Ans. Speciality chemical and fertiliser stocks are listed companies that make carbon materials, oleochemicals, fertilisers and related products for industry and agriculture. Their earnings depend on volumes, product mix and input costs. This list looks at three of them, Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals, using reported FY22 to FY26 financials and the 20 October 2026 closing prices.
Which speciality chemical and fertiliser stocks are covered in this list?
Ans. This list covers Himadri Speciality Chemical, Fairchem Organics and Chambal Fertilisers and Chemicals. Based on the 20 October 2026 close, Himadri Speciality Chemical traded at Rs 605.85, Fairchem Organics at Rs 750.65 and Chambal Fertilisers and Chemicals at Rs 382.95. Their return on equity ranges from 16.6% to 23.2%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.7% to 15.8%.
Why do speciality chemical and fertiliser stocks have a strong future roadmap in India?
Ans. Speciality chemical and fertiliser stocks have a strong roadmap in India because industrial output, battery and nutrition demand and steady farm needs are widening the market for these products. The main drivers are as follows. Industrial demand. Rubber, steel and aluminium users need carbon materials. Nutrition and food uses. Natural antioxidants serve food and nutrition makers. Farm inputs. Fertilisers and crop products support steady yearly demand. Together these factors give the companies on this list a visible path for growth over the coming years.
How has Himadri Speciality Chemical performed financially?
Ans. Revenue rose from Rs 2,799 crore in FY22 to Rs 4,832 crore in FY26, a compound annual growth rate of 14.6%. Net profit grew from Rs 216 crore in FY23 to Rs 755 crore in FY26, which works out to a compound annual growth rate of 51.8%. The company has a return on equity of 16.6%, a debt to equity ratio of 0.23 and a market capitalisation of Rs 30,567 crore. The stock trades at a P/E of 35.6, above the industry P/E of 35.1. Looking ahead, the company supplies materials to the rubber, aluminium, steel and chemical industries, and it has been moving towards higher-value speciality products. Its battery materials programme gives it a longer-term growth option.
How has Fairchem Organics performed financially?
Ans. Revenue rose from Rs 1,436 crore in FY22 to Rs 2,583 crore in FY26, a compound annual growth rate of 15.8%. Net profit grew from Rs 97.4 crore in FY22 to Rs 317 crore in FY26, which works out to a compound annual growth rate of 34.3%. In the June 2026 quarter, revenue grew 20.0% year on year to Rs 681 crore, while net profit rose 43.9% to Rs 82.8 crore. The company has a return on equity of 23.2%, a debt to equity ratio of 0.72 and a market capitalisation of Rs 12,821 crore. The stock trades at a P/E of 37.5, above the industry P/E of 35.1. Looking ahead, the company recovers value from vegetable oil processing by-products and supplies natural ingredients to global customers. It is widening its range of specialty ingredients and investing in new plants.
How has Chambal Fertilisers and Chemicals performed financially?
Ans. Revenue rose from Rs 16,137 crore in FY22 to Rs 20,921 crore in FY26, a compound annual growth rate of 6.7%. Net profit grew from Rs 1,566 crore in FY22 to Rs 1,953 crore in FY26, which works out to a compound annual growth rate of 5.7%. The company has a return on equity of 18.8%, a debt to equity ratio of 0.10 and a market capitalisation of Rs 15,339 crore. The stock trades at a P/E of 8.0, below the industry P/E of 21.2. Looking ahead, the company has a strong urea franchise with large volumes and a wide dealer network. It is widening into crop protection and specialty agri inputs, which adds higher-margin revenue to the base fertiliser business.
What risks should investors check before buying speciality chemical and fertiliser stocks?
Ans. Investors should check a few risks before buying speciality chemical and fertiliser stocks. Input costs. Raw material and gas prices can affect margins. Policy changes. Fertiliser subsidies and trade rules can shift returns. Valuation levels. Some of these companies trade at high earnings multiples, so growth must continue to justify them. Reading the latest results presentation and comparing each company with its peers helps judge how these risks apply to each stock.
Is this list of speciality chemical and fertiliser stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 20 October 2026 close. Please verify figures on NSE and BSE, read company filings and consult a SEBI registered adviser before investing. Univest is SEBI registered research analyst INH000013776.