Is Bodal Chemicals the Best Stock in Its Sector? A Look at the Numbers

Bodal Chemicals CMP Rs 191 (24 Sep 2026). Market cap Rs 2,516 Cr. ROE 4.13%. P/E 36.66x versus Industry P/E 37.05x.

Updated: 24 Sept 2026 • 11:36 am

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Is Bodal Chemicals the Best Stock in Its Sector? A Look at the Numbers

Quick Answer

Bodal Chemicals is one of the names investors compare when screening the Chemicals sector, built on a 4.13% return on equity and a P/E of 36.66x against an Industry P/E of 37.05x. Whether Bodal Chemicals 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 Bodal Chemicals the best stock in its sector? The stock trades on the NSE at Rs 191 as of 24 September 2026, within its 52-week range of Rs 42.81 to Rs 206.00. Bodal Chemicals Ltd manufactures dyes, dye intermediates and basic chemicals.

Bodal Chemicals sits in the Chemicals sector, and its 4.13% ROE and 36.66x 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.

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Table of Contents

About Bodal Chemicals

Bodal Chemicals Ltd manufactures dyes, dye intermediates and basic chemicals. It manufactures dyes, dye intermediates and basic chemicals, and the stock fell sharply today on very heavy volume after a strong multi-fold rally over the past year. At a market capitalisation of Rs 2,516 Cr, it is tracked as part of the Chemicals sector on Univest.

Is Bodal Chemicals the Best Stock in Its Sector?

Bodal Chemicals makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 4.13% ROE with a 36.66x P/E against the sector's 37.05x Industry P/E. Bodal Chemicals trades almost exactly at its 37.05x Industry P/E, though its 4.13% ROE trails Balaji Amines and Bhageria Industries in this series, and today's sharp decline on heavy volume is a signal worth investigating further.

Metric	Bodal Chemicals
CMP (NSE)	Rs 190.55
52-Week High / Low	Rs 206.00 / Rs 42.81
Market Cap	Rs 2,516 Cr
P/E (TTM) vs Industry P/E	36.66x vs 37.05x
P/B	2.17
ROE	4.13%
EPS (TTM)	Rs 5.45
Dividend Yield	0.00%
Debt to Equity	0.70

Compare Bodal Chemicals Against Other Chemicals Sector Stocks

How Bodal Chemicals Compares Against Its Chemicals Sector Peers

The table below sets Bodal Chemicals 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
Bodal Chemicals	2,516	36.66	4.13%	0.70
Balaji Amines	7,354	34.90	8.46%	0.07
Bhageria Industries	1,528	22.62	7.72%	0.17
Peer average (2 companies)	-	28.76	8.09%	0.12

Against this peer set, Bodal Chemicals's 4.13% ROE is below the 8.09% peer average, and its P/E of 36.66x runs above the peer average of 28.76x. Bodal Chemicals trades almost exactly at its 37.05x Industry P/E, though its 4.13% ROE trails Balaji Amines and Bhageria Industries in this series, and today's sharp decline on heavy volume is a signal worth investigating further.

What Makes Bodal Chemicals Worth Watching in Chemicals

In line with Industry P/E: A 36.66x P/E versus a 37.05x Industry P/E shows the stock trading almost exactly at Chemicals sector norms.
Dye and dye intermediates manufacturing: Manufacturing dyes and dye intermediates alongside basic chemicals gives Bodal Chemicals exposure to the textile dyeing value chain.
Sharp single-day decline on heavy volume: The stock fell over 4 percent today on volume well above its recent average, a move worth understanding before acting on the current price.

Bodal Chemicals Valuation: Is It Justified?

Bodal Chemicals trades almost exactly at its 37.05x Industry P/E, though its 4.13% ROE trails Balaji Amines and Bhageria Industries in this series, and today's sharp decline on heavy volume is a signal worth investigating further. 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 Bharat Bijlee the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Bodal Chemicals and other Chemicals sector stocks.

How to Track Bodal Chemicals Before You Invest

Before deciding whether Bodal Chemicals 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 Bodal Chemicals 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

Bodal Chemicals earns a place in the best stock in its sector conversation on the strength of a 4.13% ROE and a P/E of 36.66x against a 37.05x 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 Bodal Chemicals the best stock in its sector?

Ans. Bodal Chemicals has a 4.13% ROE and trades at 36.66x P/E against a 37.05x Industry P/E, and compares below the peer average ROE of 8.09% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Bodal Chemicals?

Ans. Bodal Chemicals was trading at Rs 190.55 on the NSE as of 24 September 2026, within its 52-week range of Rs 42.81 to Rs 206.00.

What sector does Bodal Chemicals belong to?

Ans. Bodal Chemicals is classified under the Chemicals sector on Univest.

How does Bodal Chemicals compare to its sector peers on P/E?

Ans. Bodal Chemicals's P/E of 36.66x is above the 28.76x average of the 2 named peers compared in this article.

What is Bodal Chemicals's return on equity?

Ans. Bodal Chemicals reported a return on equity of 4.13%, which is below the 8.09% average of its named peers in this comparison.

Should I invest in Bodal Chemicals based on its sector position?

Ans. Bodal Chemicals'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.