Balaji Amines Ltd.<\/a><\/strong><\/td> 2,058.00<\/td> 6,660<\/td> 2,735.00<\/td> 1,960.00<\/td><\/tr><\/tbody><\/table><\/figure>*Data is updated as of 11th November 2024. <\/em><\/p><\/span>Overview of Top 10 Chemical Stocks in India<\/strong><\/span><\/h2><\/span>1.<\/strong> Pidilite Industries Ltd. <\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 1,57,000 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 82.45<\/p>Analysts Rating<\/strong>: 50 (Buy)<\/p>Pidilite Industries Ltd. is a Mumbai-based company that manufactures chemicals such as adhesives, construction chemicals, and sealants. Founded in 1959, it has become one of the top 10 chemical stocks in India for investors. The revenue of this company is INR 3,230 crores, and its net income increased 18.75% YoY. <\/p>
<\/span>2.<\/strong> Solar Industries India Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 92,380 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 99.86<\/p>Analysts Rating<\/strong>: 71 (Buy)<\/p>Founded in 1983, Solar Industries is currently the leading industrial explosives manufacturer. Its products include bulk explosives, initiating systems, HMX, RDX, TNT, and associated compounds. It is one of the top chemical stocks in India, providing around 64.68% return in the past year. Solar Industries India Ltd.’s revenue is INR 1,690 crores, and its net income increased 45.11% YoY. <\/p>
<\/span>3.<\/strong> PI Industries Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 69,720 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 39.90<\/p>Analysts Rating<\/strong>: 50 (Buy)<\/p>PI Industries Ltd., founded in 1946, manufactures agricultural products, polymers, and fine chemicals. It is headquartered in Gurugram, Haryana, and believes in progress, adaptability, and innovation. <\/p>
Increasing the net income of PI Industries Ltd. by 17.21% YoY made it one of the prominent chemical sector stocks for investors. The revenue of this one of the top 10 chemical stocks in India stood at INR 2,070 crores.<\/p>
<\/span>4.<\/strong> SRF Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 68,040 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 60.23<\/p>Analysts Rating<\/strong>: 69 (Buy)<\/p>SRF (Shri Ram Fibres) was founded in 1970 and has over 8,000 employees. It is a chemical conglomerate and manufacturer of industrial intermediates. One of the top 10 chemical stocks in India has a revenue of INR 3,420 crores; in March 2024, its EPS (Earnings per Share) was beaten by 0.89%.<\/p>
<\/span>5.<\/strong> Godrej Industries Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 33,020 cr. <\/p>Price-to-Earnings (PE) Ratio<\/strong>: 550.64<\/p>Analysts Rating<\/strong>: 77 (Buy)<\/p>This Mumbai-based company was founded in 1963 as a holding company of Godrej Group. It is a leader in biotech products, special chemicals, oleochemicals, and surfactants. Godrej Industries Ltd.’s revenue is INR 5,260 crores, and its net income has increased by 81.11% YoY. This is one of the top 10 chemical stocks in India, and it has strong fundamentals and financial performance in the market.<\/p>
<\/span>6.<\/strong> Tata Chemicals Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 27,900 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 102.75<\/p>Analysts Rating<\/strong>: 64 (Buy)<\/p>This Indian MNC was founded in Mumbai, Maharashtra, in 1939. Tata Chemicals Ltd. offers sustainable chemistry solutions by harnessing science and technology to gain long-term growth in the competitive market. Tata Chemicals Ltd. generated a revenue of INR 4,000 crores and became one of the favourite chemical sector stocks to invest in. <\/p>
<\/span>7.<\/strong> Navin Fluorine International Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 17,160 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 66.45<\/p>Analysts Rating<\/strong>: 60 (Buy)<\/p>Since its establishment in 1967, Navin Fluorine International Ltd. has suffered greatly due to the highly competitive market. But today, it has reached among the largest integrated fluorochemical complexes in India. This is one of the top 10 chemical stocks in India, with EPS (Earnings per Share) beaten by 49.58%. The revenue of this company stood at 518.56 crores in September 2024.<\/p>
<\/span>8.<\/strong> Deepak Fertilisers and Petrochemicals Corporation Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 16,160 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 23.84<\/p>Analysts Rating<\/strong>: 40 (Buy)<\/p>It is an India-based company that manufactures agricultural chemicals, crop nutrients, fertilisers, and more. The company was founded in 1979 as an Ammonia Manufacturer but today has become a listed multi-product conglomerate. Its revenue is INR 2,7500 crores, and its net income has increased by 249.39% YoY. Investors consider it one of the best chemical stocks in India to diversify their portfolios. <\/p>
<\/span>9.<\/strong> Paradeep Phosphates Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 8,720 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 23.97<\/p>Analysts Rating<\/strong>: 71 (Buy)<\/p>Paradeep Phosphates Ltd. was incorporated in 1981 and operates as a fertiliser manufacturing company. It has two manufacturing units, one in Odisha and another in Goa. The total production capacity of Paradeep Phosphates Ltd. is 3 million metric tonnes (MT). The company’s revenue is INR 3,840 crores, and its net income has increased by 154.53% YoY. <\/p>
<\/span>10.<\/strong> Balaji Amines Ltd.<\/strong><\/span><\/h3>Market Capitalisation<\/strong>: INR 6,660 cr.<\/p>Price-to-Earnings (PE) Ratio<\/strong>: 34.13<\/p>Analysts Rating<\/strong>: 60 (Buy)<\/p>This India-based company was founded in 1988 and is currently engaged in manufacturing and selling aliphatic amines, derivatives, and speciality chemicals. Initially, A. Prathap Reddy started this company to manufacture Methyl Amines and Ethyl Amines. But now, it has become one of the top 10 chemical stocks in India to build investors\u2019 wealth. In June 2024, the revenue of Balaji Amines Ltd. was INR 384.75 crores.<\/p>