Is Rain Industries the Best Stock in Its Sector? A Look at the Numbers
- September 16, 2026
- Posted by: Harsh Piplani
- Category: Market
Rain Industries CMP Rs 199 (16 Sep 2026). Market cap Rs 6,613 Cr. ROE 6.72%. P/E 9.91x versus Industry P/E 37.57x.
Quick Answer
Rain Industries is one of the names investors compare when screening the Chemicals sector, built on a 6.72% return on equity and a P/E of 9.91x against an Industry P/E of 37.57x. Rain Industries Ltd manufactures calcined petroleum coke and coal tar pitch used in aluminium smelting and other industrial applications, with operations spanning India, the US and Europe. Whether Rain Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Chemicals sector peers, so you can judge that for yourself.
Is Rain Industries the best stock in its sector? The stock trades on the NSE at Rs 199 as of 16 September 2026, within its 52-week range of Rs 99.90 to Rs 252.00. Rain Industries Ltd manufactures calcined petroleum coke and coal tar pitch used in aluminium smelting and other industrial applications, with operations spanning India, the US and Europe.
Rain Industries sits in the Chemicals sector, and its 6.72% ROE and 9.91x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Rain Industries
Rain Industries Ltd manufactures calcined petroleum coke and coal tar pitch used in aluminium smelting and other industrial applications, with operations spanning India, the US and Europe. At a market capitalisation of Rs 6,613 Cr, it is tracked as part of the Chemicals sector on Univest.
Is Rain Industries the Best Stock in Its Sector?
Rain Industries makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 6.72% ROE with a 9.91x P/E against the sector’s 37.57x Industry P/E. Rain Industries’ 9.91x P/E is far below the 37.57x Industry P/E, and its P/B of 0.83 means the market values it below book, reflecting caution on cyclical carbon product pricing rather than the 6.72% ROE alone.
| Metric | Rain Industries |
|---|---|
| CMP (NSE) | Rs 198.54 |
| 52-Week High / Low | Rs 252.00 / Rs 99.90 |
| Market Cap | Rs 6,613 Cr |
| P/E (TTM) vs Industry P/E | 9.91x vs 37.57x |
| P/B | 0.83 |
| ROE | 6.72% |
| EPS (TTM) | Rs 19.83 |
| Dividend Yield | 0.51% |
| Debt to Equity | 1.35 |
Compare Rain Industries Against Other Chemicals Sector Stocks
How Rain Industries Compares Against Its Chemicals Sector Peers
The table below sets Rain Industries against 2 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Rain Industries | 6,613 | 9.91 | 6.72% | 1.35 |
| PCBL Chemical | 12,376 | 47.80 | 4.94% | 1.25 |
| Castrol India | 18,591 | 17.50 | 55.65% | 0.03 |
| Peer average (2 companies) | – | 32.65 | 30.29% | 0.64 |
Against this peer set, Rain Industries’s 6.72% ROE is below the 30.29% peer average, and its P/E of 9.91x runs below the peer average of 32.65x. Rain Industries’ 9.91x P/E is far below the 37.57x Industry P/E, and its P/B of 0.83 means the market values it below book, reflecting caution on cyclical carbon product pricing rather than the 6.72% ROE alone.
What Makes Rain Industries Worth Watching in Chemicals
- Deep discount to Industry P/E and book value: A 9.91x P/E against a 37.57x Industry P/E, alongside a P/B of just 0.83, means the stock trades below its own book value.
- Global carbon products footprint: Operations across India, the US and Europe give Rain Industries a geographically diversified customer base for its carbon and chemical products.
- Higher leverage typical of the industry: A debt to equity ratio of 1.35 reflects the capital-intensive nature of petroleum coke calcination and chemical processing.
Rain Industries Valuation: Is It Justified?
Rain Industries’ 9.91x P/E is far below the 37.57x Industry P/E, and its P/B of 0.83 means the market values it below book, reflecting caution on cyclical carbon product pricing rather than the 6.72% ROE alone. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Bata India the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Rain Industries and other Chemicals sector stocks.
How to Track Rain Industries Before You Invest
Before deciding whether Rain Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.
- Open the Univest Screener and search for Rain Industries to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
- Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Rain Industries earns a place in the best stock in its sector conversation on the strength of a 6.72% ROE and a P/E of 9.91x against a 37.57x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
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).
Is Rain Industries the best stock in its sector?
Ans. Rain Industries has a 6.72% ROE and trades at 9.91x P/E against a 37.57x Industry P/E, and compares below the peer average ROE of 30.29% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Rain Industries?
Ans. Rain Industries was trading at Rs 198.54 on the NSE as of 16 September 2026, within its 52-week range of Rs 99.90 to Rs 252.00.
What sector does Rain Industries belong to?
Ans. Rain Industries is classified under the Chemicals sector on Univest.
How does Rain Industries compare to its sector peers on P/E?
Ans. Rain Industries’s P/E of 9.91x is below the 32.65x average of the 2 named peers compared in this article.
What is Rain Industries’s return on equity?
Ans. Rain Industries reported a return on equity of 6.72%, which is below the 30.29% average of its named peers in this comparison.
Should I invest in Rain Industries based on its sector position?
Ans. Rain Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
