{"id":328254,"date":"2026-10-27T12:25:53","date_gmt":"2026-10-27T06:55:53","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=328254"},"modified":"2026-10-27T12:25:53","modified_gmt":"2026-10-27T06:55:53","slug":"leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/","title":{"rendered":"3 Leading Paint Maker, Life Science and Performance Chemicals Company and Fluorochemicals and Films Maker Stocks With a Strong Future Roadmap: Berger Paints India, Atul and SRF"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>Berger Paints India, Atul and SRF: ROE of 10.9% to 16.3% and FY22 to FY26 revenue CAGR of 5.9% to 8.0%. Prices as of 26 Oct 2026.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The three paint, specialty chemical and fluoro stocks to watch are Berger Paints India, Atul and SRF. Their return on equity ranges from 10.9% to 16.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 8.0%. Berger Paints India leads on both return on equity at 16.3% and revenue growth at 8.0% a year. Prices are based on the 26 October 2026 close, and this article is educational, not investment advice.<\/p>\n<\/div>\n<p>Paint, specialty chemical and fluoro stocks offer a focused view of a sector where demand keeps widening. Berger Paints India, Atul and SRF cover a leading paint maker, a life science and performance chemicals company and a fluorochemicals and films maker.<\/p>\n<p>This list covers three paint, specialty chemical and fluoro stocks with complete current figures: Berger Paints India, Atul and SRF. Every figure comes from the latest reported financials and the 26 October 2026 market close. Companies without complete current figures were left out.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#What_Are_Paint_Specialty_Chemical_and_Fluoro_Stocks\" title=\"What Are Paint, Specialty Chemical and Fluoro Stocks?\">What Are Paint, Specialty Chemical and Fluoro Stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Paint_Specialty_Chemical_and_Fluoro_Stocks_at_a_Glance\" title=\"Paint, Specialty Chemical and Fluoro Stocks at a Glance\">Paint, Specialty Chemical and Fluoro Stocks at a Glance<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Why_Do_Paint_Specialty_Chemical_and_Fluoro_Stocks_Have_a_Strong_Roadmap_in_India\" title=\"Why Do Paint, Specialty Chemical and Fluoro Stocks Have a Strong Roadmap in India?\">Why Do Paint, Specialty Chemical and Fluoro Stocks Have a Strong Roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Why_Berger_Paints_India_Features_Among_These_Paint_Specialty_Chemical_and_Fluoro_Stocks\" title=\"Why Berger Paints India Features Among These Paint, Specialty Chemical and Fluoro Stocks\">Why Berger Paints India Features Among These Paint, Specialty Chemical and Fluoro Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Why_Atul_Features_Among_These_Paint_Specialty_Chemical_and_Fluoro_Stocks\" title=\"Why Atul Features Among These Paint, Specialty Chemical and Fluoro Stocks\">Why Atul Features Among These Paint, Specialty Chemical and Fluoro Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Why_SRF_Features_Among_These_Paint_Specialty_Chemical_and_Fluoro_Stocks\" title=\"Why SRF Features Among These Paint, Specialty Chemical and Fluoro Stocks\">Why SRF Features Among These Paint, Specialty Chemical and Fluoro Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Berger_Paints_India_vs_Atul_vs_SRF_on_Key_Financials\" title=\"Berger Paints India vs Atul vs SRF on Key Financials\">Berger Paints India vs Atul vs SRF on Key Financials<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Key_Risks_to_Check_Before_Investing_in_Paint_Specialty_Chemical_and_Fluoro_Stocks\" title=\"Key Risks to Check Before Investing in Paint, Specialty Chemical and Fluoro Stocks\">Key Risks to Check Before Investing in Paint, Specialty Chemical and Fluoro Stocks<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Final_Thoughts_on_Paint_Specialty_Chemical_and_Fluoro_Stocks\" title=\"Final Thoughts on Paint, Specialty Chemical and Fluoro Stocks\">Final Thoughts on Paint, Specialty Chemical and Fluoro Stocks<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#What_are_paint_specialty_chemical_and_fluoro_stocks\" title=\"What are paint, specialty chemical and fluoro stocks?\">What are paint, specialty chemical and fluoro stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Which_paint_specialty_chemical_and_fluoro_stocks_are_covered_in_this_list\" title=\"Which paint, specialty chemical and fluoro stocks are covered in this list?\">Which paint, specialty chemical and fluoro stocks are covered in this list?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Why_do_paint_specialty_chemical_and_fluoro_stocks_have_a_strong_future_roadmap_in_India\" title=\"Why do paint, specialty chemical and fluoro stocks have a strong future roadmap in India?\">Why do paint, specialty chemical and fluoro stocks have a strong future roadmap in India?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#How_has_Berger_Paints_India_performed_financially\" title=\"How has Berger Paints India performed financially?\">How has Berger Paints India performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#How_has_Atul_performed_financially\" title=\"How has Atul performed financially?\">How has Atul performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#How_has_SRF_performed_financially\" title=\"How has SRF performed financially?\">How has SRF performed financially?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#What_risks_should_investors_check_before_buying_paint_specialty_chemical_and_fluoro_stocks\" title=\"What risks should investors check before buying paint, specialty chemical and fluoro stocks?\">What risks should investors check before buying paint, specialty chemical and fluoro stocks?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/univest.in\/blogs-2\/leading-paint-maker-life-science-and-performance-chemicals-company-and-fluorochemicals-and-films-maker-stocks-roadmap-vertex-list\/#Is_this_list_of_paint_specialty_chemical_and_fluoro_stocks_investment_advice\" title=\"Is this list of paint, specialty chemical and fluoro stocks investment advice?\">Is this list of paint, specialty chemical and fluoro stocks investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_Are_Paint_Specialty_Chemical_and_Fluoro_Stocks\"><\/span><strong>What Are Paint, Specialty Chemical and Fluoro Stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paint, specialty chemical and fluoro stocks are listed companies that make decorative and industrial coatings, specialty chemicals and advanced materials for homes and global industry. Their earnings depend on housing activity, export orders, new products and input costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Paint_Specialty_Chemical_and_Fluoro_Stocks_at_a_Glance\"><\/span><strong>Paint, Specialty Chemical and Fluoro Stocks at a Glance<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">CMP (Rs)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Market Cap (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Industry P\/E<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">ROE (%)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">D\/E<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/bergepaint\/berger-paints-india-ltd-share-price-today\">Berger Paints India<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">465.8<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">54,785<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">45.0<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">42.6<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">16.3<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.09<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/atul\/atul-ltd-share-price-today\">Atul<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,354<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">17,898<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">22.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">35.1<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.03<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\"><a href=\"https:\/\/univest.in\/stocks\/srf\/srf-ltd-share-price-today\">SRF<\/a><\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">2,340<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">69,274<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">30.4<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">33.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">14.9<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">0.35<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>On valuation, Atul and SRF trade at a P\/E below the industry P\/E, while Berger Paints India trades above it, which reflects the growth the market already expects. Readers comparing paint, specialty chemical and fluoro stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Do_Paint_Specialty_Chemical_and_Fluoro_Stocks_Have_a_Strong_Roadmap_in_India\"><\/span><strong>Why Do Paint, Specialty Chemical and Fluoro Stocks Have a Strong Roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paint, specialty chemical and fluoro stocks have a strong roadmap in India because housing growth, global sourcing of speciality chemicals and new materials keep widening demand.<\/p>\n<ul>\n<li><strong>Housing demand.<\/strong> New and old homes need regular repainting.<\/li>\n<li><strong>Specialty chemicals.<\/strong> Life science and polymer users need niche inputs.<\/li>\n<li><strong>Fluorochemicals.<\/strong> Refrigerants and films find global buyers.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Why_Berger_Paints_India_Features_Among_These_Paint_Specialty_Chemical_and_Fluoro_Stocks\"><\/span><strong>Why Berger Paints India Features Among These Paint, Specialty Chemical and Fluoro Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the paint, specialty chemical and fluoro stocks on this list, Berger Paints India is a leading paint maker with decorative, industrial and protective coatings, selling through a wide dealer network across India and in select overseas markets.<\/p>\n<p>Revenue rose from Rs 8,826 crore in FY22 to Rs 11,987 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 833 crore in FY22 to Rs 1,128 crore in FY26, which works out to a compound annual growth rate of 7.9%.<\/p>\n<p>In the June 2026 quarter, revenue grew 12.2% year on year to Rs 3,623 crore, while net profit rose 28.6% to Rs 405 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 54,785 crore. The stock trades at a P\/E of 45.0, above the industry P\/E of 42.6.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding capacity and its dealer reach while adding home improvement and waterproofing products. Housing demand and repainting cycles support steady volumes.<\/p>\n<p><strong>What to watch:<\/strong> Track volume growth, new capacity and input costs.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_Atul_Features_Among_These_Paint_Specialty_Chemical_and_Fluoro_Stocks\"><\/span><strong>Why Atul Features Among These Paint, Specialty Chemical and Fluoro Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the decorative coating brand shares on this list, Atul is a Gujarat-based chemical company with life science chemicals for crop protection and pharmaceuticals, and performance and other chemicals that include aromatics, colours and polymers.<\/p>\n<p>In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%.<\/p>\n<p>Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P\/E of 22.1, below the industry P\/E of 35.1.<\/p>\n<p><strong>Roadmap:<\/strong> The company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. A broad product basket across agriculture, pharma and consumer uses spreads demand.<\/p>\n<p><strong>What to watch:<\/strong> Check capacity additions and demand in agrochemical and pharmaceutical intermediates.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Why_SRF_Features_Among_These_Paint_Specialty_Chemical_and_Fluoro_Stocks\"><\/span><strong>Why SRF Features Among These Paint, Specialty Chemical and Fluoro Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Among the three companies on this list, SRF is a diversified chemicals and materials company with fluorospecialty chemicals, refrigerant gases, packaging films and technical textiles, with customers in India and overseas.<\/p>\n<p>The company has a return on equity of 14.9%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 69,274 crore. The stock trades at a P\/E of 30.4, below the industry P\/E of 33.9.<\/p>\n<p>Revenue rose from Rs 12,549 crore in FY22 to Rs 15,894 crore in FY26, a compound annual growth rate of 6.1%. Net profit grew from Rs 1,336 crore in FY24 to Rs 1,835 crore in FY26, which works out to a compound annual growth rate of 17.2%.<\/p>\n<p><strong>Roadmap:<\/strong> The company is expanding in specialty chemicals and refrigerant gases while its packaging films and technical textiles businesses add scale. A mix of segments spreads earnings.<\/p>\n<p><strong>What to watch:<\/strong> Track specialty chemicals growth, refrigerant gas demand and capacity additions.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Berger_Paints_India_vs_Atul_vs_SRF_on_Key_Financials\"><\/span><strong>Berger Paints India vs Atul vs SRF on Key Financials<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below sets the three paint, specialty chemical and fluoro stocks side by side on revenue, profit and margin, using reported figures.<\/p>\n<div style=\"overflow-x:auto;\">\n<table style=\"border-collapse:collapse;width:100%;\">\n<thead>\n<tr>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Company<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY22 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Revenue (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">Revenue CAGR (FY22-FY26)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Profit (Rs Cr)<\/th>\n<th style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;background:#F0F4F8;\">FY26 Net Margin<\/th>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Berger Paints India<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8,826<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11,987<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">8.0%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,128<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">9.4%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">Atul<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5,157<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6,476<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">5.9%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">689<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">10.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">SRF<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">12,549<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">15,894<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">6.1%<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">1,835<\/td>\n<td style=\"border:1px solid #DDDDDD;padding:8px 10px;text-align:left;\">11.5%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<\/div>\n<p>Berger Paints India posts the highest return on equity in this group at 16.3%. SRF has the largest FY26 revenue at Rs 15,894 crore, and Berger Paints India shows the fastest revenue growth with a 8.0% compound annual rate. A useful habit with paint, specialty chemical and fluoro stocks is to check each new quarterly result against the capacity plans the company described earlier.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Key_Risks_to_Check_Before_Investing_in_Paint_Specialty_Chemical_and_Fluoro_Stocks\"><\/span><strong>Key Risks to Check Before Investing in Paint, Specialty Chemical and Fluoro Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every theme carries risks that deserve a check before any decision. For these paint, specialty chemical and fluoro stocks, the main points are:<\/p>\n<ul>\n<li><strong>Input costs.<\/strong> Crude linked inputs and energy prices affect margins.<\/li>\n<li><strong>Global demand.<\/strong> Export orders can vary between periods.<\/li>\n<li><strong>Valuation levels.<\/strong> Some of these companies trade at high earnings multiples, so growth must continue to justify them.<\/li>\n<\/ul>\n<p>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.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Use the Univest Stock Screener<\/a><\/strong> to filter paint, specialty chemical and fluoro stocks by market capitalisation, P\/E, ROE and growth, and build your own shortlist.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Final_Thoughts_on_Paint_Specialty_Chemical_and_Fluoro_Stocks\"><\/span><strong>Final Thoughts on Paint, Specialty Chemical and Fluoro Stocks<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Paint, specialty chemical and fluoro stocks reward patient research into demand, execution and financial strength. Berger Paints India, Atul and SRF each have a clear plan to grow. Based on the 26 October 2026 close, Berger Paints India trades at Rs 465.8, Atul at Rs 5,354 and SRF at Rs 2,340.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track paint, specialty chemical and fluoro stocks, set price alerts and get research-backed stock ideas.<\/em><\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> 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).<\/p>\n<\/div>\n<h3><span class=\"ez-toc-section\" id=\"What_are_paint_specialty_chemical_and_fluoro_stocks\"><\/span><strong>What are paint, specialty chemical and fluoro stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paint, specialty chemical and fluoro stocks are listed companies that make decorative and industrial coatings, specialty chemicals and advanced materials for homes and global industry. Their earnings depend on housing activity, export orders, new products and input costs. This list looks at three of them, Berger Paints India, Atul and SRF, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_paint_specialty_chemical_and_fluoro_stocks_are_covered_in_this_list\"><\/span><strong>Which paint, specialty chemical and fluoro stocks are covered in this list?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> This list covers Berger Paints India, Atul and SRF. Based on the 26 October 2026 close, Berger Paints India traded at Rs 465.8, Atul at Rs 5,354 and SRF at Rs 2,340. Their return on equity ranges from 10.9% to 16.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 8.0%.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_do_paint_specialty_chemical_and_fluoro_stocks_have_a_strong_future_roadmap_in_India\"><\/span><strong>Why do paint, specialty chemical and fluoro stocks have a strong future roadmap in India?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Paint, specialty chemical and fluoro stocks have a strong roadmap in India because housing growth, global sourcing of speciality chemicals and new materials keep widening demand. The main drivers are as follows. Housing demand. New and old homes need regular repainting. Specialty chemicals. Life science and polymer users need niche inputs. Fluorochemicals. Refrigerants and films find global buyers. Together these factors give the companies on this list a visible path for growth over the coming years.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Berger_Paints_India_performed_financially\"><\/span><strong>How has Berger Paints India performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 8,826 crore in FY22 to Rs 11,987 crore in FY26, a compound annual growth rate of 8.0%. Net profit grew from Rs 833 crore in FY22 to Rs 1,128 crore in FY26, which works out to a compound annual growth rate of 7.9%. In the June 2026 quarter, revenue grew 12.2% year on year to Rs 3,623 crore, while net profit rose 28.6% to Rs 405 crore. The company has a return on equity of 16.3%, a debt to equity ratio of 0.09 and a market capitalisation of Rs 54,785 crore. The stock trades at a P\/E of 45.0, above the industry P\/E of 42.6. Looking ahead, the company is expanding capacity and its dealer reach while adding home improvement and waterproofing products. Housing demand and repainting cycles support steady volumes.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_Atul_performed_financially\"><\/span><strong>How has Atul performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%. In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P\/E of 22.1, below the industry P\/E of 35.1. Looking ahead, the company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. A broad product basket across agriculture, pharma and consumer uses spreads demand.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_has_SRF_performed_financially\"><\/span><strong>How has SRF performed financially?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose from Rs 12,549 crore in FY22 to Rs 15,894 crore in FY26, a compound annual growth rate of 6.1%. Net profit grew from Rs 1,336 crore in FY24 to Rs 1,835 crore in FY26, which works out to a compound annual growth rate of 17.2%. The company has a return on equity of 14.9%, a debt to equity ratio of 0.35 and a market capitalisation of Rs 69,274 crore. The stock trades at a P\/E of 30.4, below the industry P\/E of 33.9. Looking ahead, the company is expanding in specialty chemicals and refrigerant gases while its packaging films and technical textiles businesses add scale. A mix of segments spreads earnings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_risks_should_investors_check_before_buying_paint_specialty_chemical_and_fluoro_stocks\"><\/span><strong>What risks should investors check before buying paint, specialty chemical and fluoro stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Investors should check a few risks before buying paint, specialty chemical and fluoro stocks. Input costs. Crude linked inputs and energy prices affect margins. Global demand. Export orders can vary between periods. 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.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_list_of_paint_specialty_chemical_and_fluoro_stocks_investment_advice\"><\/span><strong>Is this list of paint, specialty chemical and fluoro stocks investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. This article is educational and uses publicly available data as of the 26 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.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"What are paint, specialty chemical and fluoro stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Paint, specialty chemical and fluoro stocks are listed companies that make decorative and industrial coatings, specialty chemicals and advanced materials for homes and global industry. Their earnings depend on housing activity, export orders, new products and input costs. This list looks at three of them, Berger Paints India, Atul and SRF, using reported FY22 to FY26 financials and the 26 October 2026 closing prices.\"}},{\"@type\":\"Question\",\"name\":\"Which paint, specialty chemical and fluoro stocks are covered in this list?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"This list covers Berger Paints India, Atul and SRF. Based on the 26 October 2026 close, Berger Paints India traded at Rs 465.8, Atul at Rs 5,354 and SRF at Rs 2,340. Their return on equity ranges from 10.9% to 16.3%, and their revenue compound annual growth from FY22 to FY26 ranges from 5.9% to 8.0%.\"}},{\"@type\":\"Question\",\"name\":\"Why do paint, specialty chemical and fluoro stocks have a strong future roadmap in India?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Paint, specialty chemical and fluoro stocks have a strong roadmap in India because housing growth, global sourcing of speciality chemicals and new materials keep widening demand. The main drivers are as follows. Housing demand. New and old homes need regular repainting. Specialty chemicals. Life science and polymer users need niche inputs. Fluorochemicals. Refrigerants and films find global buyers. 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Housing demand and repainting cycles support steady volumes.\"}},{\"@type\":\"Question\",\"name\":\"How has Atul performed financially?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose from Rs 5,157 crore in FY22 to Rs 6,476 crore in FY26, a compound annual growth rate of 5.9%. Net profit grew from Rs 507 crore in FY23 to Rs 689 crore in FY26, which works out to a compound annual growth rate of 10.8%. In the June 2026 quarter, revenue grew 25.1% year on year to Rs 1,881 crore, while net profit rose 91.8% to Rs 254 crore. The company has a return on equity of 10.9%, a debt to equity ratio of 0.03 and a market capitalisation of Rs 17,898 crore. The stock trades at a P\/E of 22.1, below the industry P\/E of 35.1. Looking ahead, the company supplies many industries from a single integrated site and has been adding capacity in higher-value chemicals. 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A mix of segments spreads earnings.\"}},{\"@type\":\"Question\",\"name\":\"What risks should investors check before buying paint, specialty chemical and fluoro stocks?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Investors should check a few risks before buying paint, specialty chemical and fluoro stocks. Input costs. Crude linked inputs and energy prices affect margins. Global demand. Export orders can vary between periods. 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.\"}},{\"@type\":\"Question\",\"name\":\"Is this list of paint, specialty chemical and fluoro stocks investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. This article is educational and uses publicly available data as of the 26 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.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Paint, Specialty Chemical and Fluoro Stocks with a strong future roadmap: Berger Paints India, Atul and SRF. Compare price, valuation, return on equity and revenue growth as of 26 October 2026.<\/p>\n","protected":false},"author":34,"featured_media":328253,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[845],"tags":[16704,10040,8578,3803,16703,15416,16702,681],"class_list":["post-328254","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-best-stocks","tag-aromatics-and-refrigerant-gas-stocks","tag-atul","tag-berger-paints-india","tag-best-stocks","tag-decorative-coating-brand-shares","tag-paint","tag-specialty-chemical-and-fluoro-stocks","tag-srf"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["328253"],"rank_math_title":["Paint, Specialty Chemical and Fluoro Material Stocks"],"rank_math_description":["Compare 3 paint, specialty chemical and fluoro stocks with a strong future roadmap on CMP, market cap, P\/E, ROE and revenue growth. Data as of 26 Oct 2026."],"rank_math_focus_keyword":["paint, specialty chemical and fluoro stocks"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/3-leading-paint-maker-life-science-and-performance-chemicals-company-and.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328254","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=328254"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328254\/revisions"}],"predecessor-version":[{"id":328255,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/328254\/revisions\/328255"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/328253"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=328254"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=328254"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=328254"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}