
3 Fertilisers Company, Grinding Media and Mill Liners Maker and Chromium Chemicals Maker Stocks With a Strong Future Roadmap: Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals
Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals: ROE of 13.3% to 18.8% and FY22 to FY26 revenue CAGR of 6.7% to 10.9%. Prices as of 10 Nov 2026.
Updated: 11 Nov 2026 • 11:10 am
Posted by:

Quick Answer
The three fertiliser, grinding media and chrome stocks to watch are Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals. Their return on equity ranges from 13.3% to 18.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.7% to 10.9%. Chambal Fertilisers and Chemicals has the highest return on equity at 18.8%, while Vishnu Chemicals has the fastest revenue growth at 10.9% a year. Prices are based on the 10 November 2026 close, and this article is educational, not investment advice.
Fertiliser, grinding media and chrome stocks give investors a way to track businesses that sit close to everyday demand in India. Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals cover a fertilisers company, a grinding media and mill liners maker and a chromium chemicals maker.
This list covers three fertiliser, grinding media and chrome stocks with complete current figures: Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals. Every figure comes from the latest reported financials and the 10 November 2026 market close. Companies without complete current figures were left out.
Click Here – Get Free Investment Predictions
What Are Fertiliser, Grinding Media and Chrome Stocks?
Fertiliser, grinding media and chrome stocks are listed companies that make urea and sell crop nutrients and farm inputs, produce high chrome grinding media and wear parts for mines and cement plants, and make chromium chemicals for leather, pigments and industry. Their earnings depend on farm demand, mining and cement activity and chemical demand.
Fertiliser, Grinding Media and Chrome Stocks at a Glance
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE (%) | D/E |
|---|---|---|---|---|---|---|
| Chambal Fertilisers and Chemicals | 384.35 | 15,339 | 8.0 | 21.2 | 18.8 | 0.10 |
| AIA Engineering | 3,136.4 | 34,194 | 27.0 | 50.7 | 15.8 | 0.00 |
| Vishnu Chemicals | 563.05 | 3,788 | 25.3 | 33.2 | 13.3 | 0.49 |
On valuation, all three trade at a P/E below their industry P/E, which means the market is pricing them at a lower multiple than their peer group. Readers comparing fertiliser, grinding media and chrome stocks should look at return on equity and debt together, since a high return earned with low debt is easier to sustain.
Why Do Fertiliser, Grinding Media and Chrome Stocks Have a Strong Roadmap in India?
Fertiliser, grinding media and chrome stocks have a strong roadmap in India because steady farm input needs, expanding mining and cement capacity and rising use of specialty chemicals keep widening the market for these companies.
- Fertilisers. Farms need reliable crop nutrients.
- Grinding media. Mines and cement plants need durable parts.
- Chromium chemicals. Industry uses chrome in many products.
Why Chambal Fertilisers and Chemicals Features Among These Fertiliser, Grinding Media and Chrome Stocks
Among the fertiliser, grinding media and chrome stocks 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.
Why AIA Engineering Features Among These Fertiliser, Grinding Media and Chrome Stocks
Among the crop nutrient, mining consumable and specialty chemical shares on this list, AIA Engineering makes high chromium wear-resistant castings used in grinding mills at cement, mining and power plants worldwide, and it sells a large share of its output to export customers.
Revenue rose from Rs 3,723 crore in FY22 to Rs 4,894 crore in FY26, a compound annual growth rate of 7.1%. Net profit grew from Rs 620 crore in FY22 to Rs 1,269 crore in FY26, which works out to a compound annual growth rate of 19.6%.
In the June 2026 quarter, revenue grew 11.4% year on year to Rs 1,279 crore. The company has a return on equity of 15.8%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 34,194 crore. The stock trades at a P/E of 27.0, below the industry P/E of 50.7.
Roadmap: The company benefits from global mining and cement activity and from the longer life its castings offer customers. A strong position in this niche supports repeat orders.
What to watch: Follow mining and cement demand, volume growth and raw material costs.
Why Vishnu Chemicals Features Among These Fertiliser, Grinding Media and Chrome Stocks
Among the three companies on this list, Vishnu Chemicals is a Hyderabad-based specialty chemicals maker that produces chromium and barium compounds used in leather, pigments, cement and industrial applications for customers in India and abroad.
In the June 2026 quarter, revenue grew 26.9% year on year to Rs 446 crore, while net profit rose 23.0% to Rs 39.6 crore. Revenue rose from Rs 1,075 crore in FY22 to Rs 1,626 crore in FY26, a compound annual growth rate of 10.9%.
Net profit grew from Rs 81.4 crore in FY22 to Rs 142 crore in FY26, which works out to a compound annual growth rate of 15.0%. The company has a return on equity of 13.3%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 3,788 crore. The stock trades at a P/E of 25.3, below the industry P/E of 33.2.
Roadmap: The company is expanding capacity for chromium chemicals and moving into higher-value products, which supports export demand. Its position in a niche segment with few producers helps it hold pricing.
What to watch: Track export demand, capacity additions and raw material costs.
Chambal Fertilisers and Chemicals vs AIA Engineering vs Vishnu Chemicals on Key Financials
The table below sets the three fertiliser, grinding media and chrome 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 |
|---|---|---|---|---|---|
| Chambal Fertilisers and Chemicals | 16,137 | 20,921 | 6.7% | 1,953 | 9.3% |
| AIA Engineering | 3,723 | 4,894 | 7.1% | 1,269 | 25.9% |
| Vishnu Chemicals | 1,075 | 1,626 | 10.9% | 142 | 8.8% |
Chambal Fertilisers and Chemicals posts the highest return on equity in this group at 18.8%. Chambal Fertilisers and Chemicals has the largest FY26 revenue at Rs 20,921 crore, and Vishnu Chemicals shows the fastest revenue growth with a 10.9% compound annual rate. A useful habit with fertiliser, grinding media and chrome stocks is to check each new quarterly result against the capacity plans the company described earlier.
Key Risks to Check Before Investing in Fertiliser, Grinding Media and Chrome Stocks
Every theme carries risks that deserve a check before any decision. For these fertiliser, grinding media and chrome stocks, the main points are: Long-term crop nutrient, mining consumable and specialty chemical shares holders usually track revenue growth, margins and cash flow side by side rather than relying on a single ratio.
- Season and monsoon. Crop protection sales follow rain and pest cycles.
- Capital spending cycles. Customer investment in plants and equipment can vary.
- Raw material and energy costs. Input prices can move margins in chemicals.
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 fertiliser, grinding media and chrome stocks by market capitalisation, P/E, ROE and growth, and build your own shortlist.
Final Thoughts on Fertiliser, Grinding Media and Chrome Stocks
Fertiliser, grinding media and chrome stocks work best when investors track growth, valuation and return on equity side by side. Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals each have a clear plan to grow. Based on the 10 November 2026 close, Chambal Fertilisers and Chemicals trades at Rs 384.35, AIA Engineering at Rs 3,136.4 and Vishnu Chemicals at Rs 563.05. Valuation matters as much as growth, so compare each company's P/E with its industry P/E before adding any of these fertiliser, grinding media and chrome stocks to a watchlist.
Download the Univest iOS App or Univest Android App to track fertiliser, grinding media and chrome 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 fertiliser, grinding media and chrome stocks?
Ans. Fertiliser, grinding media and chrome stocks are listed companies that make urea and sell crop nutrients and farm inputs, produce high chrome grinding media and wear parts for mines and cement plants, and make chromium chemicals for leather, pigments and industry. Their earnings depend on farm demand, mining and cement activity and chemical demand. This list looks at three of them, Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals, using reported FY22 to FY26 financials and the 10 November 2026 closing prices.
Which fertiliser, grinding media and chrome stocks are covered in this list?
Ans. This list covers Chambal Fertilisers and Chemicals, AIA Engineering and Vishnu Chemicals. Based on the 10 November 2026 close, Chambal Fertilisers and Chemicals traded at Rs 384.35, AIA Engineering at Rs 3,136.4 and Vishnu Chemicals at Rs 563.05. Their return on equity ranges from 13.3% to 18.8%, and their revenue compound annual growth from FY22 to FY26 ranges from 6.7% to 10.9%.
Why do fertiliser, grinding media and chrome stocks have a strong future roadmap in India?
Ans. Fertiliser, grinding media and chrome stocks have a strong roadmap in India because steady farm input needs, expanding mining and cement capacity and rising use of specialty chemicals keep widening the market for these companies. The main drivers are as follows. Fertilisers. Farms need reliable crop nutrients. Grinding media. Mines and cement plants need durable parts. Chromium chemicals. Industry uses chrome in many products. Together these factors give the companies on this list a visible path for growth over the coming years.
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.
How has AIA Engineering performed financially?
Ans. Revenue rose from Rs 3,723 crore in FY22 to Rs 4,894 crore in FY26, a compound annual growth rate of 7.1%. Net profit grew from Rs 620 crore in FY22 to Rs 1,269 crore in FY26, which works out to a compound annual growth rate of 19.6%. In the June 2026 quarter, revenue grew 11.4% year on year to Rs 1,279 crore. The company has a return on equity of 15.8%, a debt to equity ratio of 0.00 and a market capitalisation of Rs 34,194 crore. The stock trades at a P/E of 27.0, below the industry P/E of 50.7. Looking ahead, the company benefits from global mining and cement activity and from the longer life its castings offer customers. A strong position in this niche supports repeat orders.
How has Vishnu Chemicals performed financially?
Ans. Revenue rose from Rs 1,075 crore in FY22 to Rs 1,626 crore in FY26, a compound annual growth rate of 10.9%. Net profit grew from Rs 81.4 crore in FY22 to Rs 142 crore in FY26, which works out to a compound annual growth rate of 15.0%. In the June 2026 quarter, revenue grew 26.9% year on year to Rs 446 crore, while net profit rose 23.0% to Rs 39.6 crore. The company has a return on equity of 13.3%, a debt to equity ratio of 0.49 and a market capitalisation of Rs 3,788 crore. The stock trades at a P/E of 25.3, below the industry P/E of 33.2. Looking ahead, the company is expanding capacity for chromium chemicals and moving into higher-value products, which supports export demand. Its position in a niche segment with few producers helps it hold pricing.
What risks should investors check before buying fertiliser, grinding media and chrome stocks?
Ans. Investors should check a few risks before buying fertiliser, grinding media and chrome stocks. Season and monsoon. Crop protection sales follow rain and pest cycles. Capital spending cycles. Customer investment in plants and equipment can vary. Raw material and energy costs. Input prices can move margins in chemicals. 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 fertiliser, grinding media and chrome stocks investment advice?
Ans. No. This article is educational and uses publicly available data as of the 10 November 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.
Recent Articles

3 IT Services Company, Tyre Maker and Lubricants Company Stocks With a Strong Future Roadmap: Mphasis, MRF and Gulf Oil Lubricants India
11 November 2026

3 Engineering and Product Development Services Company, Cement Maker and Steel Wire Ropes Maker Stocks With a Strong Future Roadmap: Tata Technologies, JK Cement and Usha Martin
11 November 2026

3 Water and Flow Control Equipment Maker, Solar Modules Maker and Jewellery and Watches Retailer Stocks With a Strong Future Roadmap: Jash Engineering, Waaree Energies and Titan Company
11 November 2026

3 Hospitality and Hotels Company, Solar Modules Maker and Automotive Castings and Machining Company Stocks With a Strong Future Roadmap: Indian Hotels Company, Emmvee Photovoltaic Power and Craftsman Automation
11 November 2026
Note: This blog is for information purpose only. Investments and trading are subject to market risks, read all scheme related documents carefully.
Reviews
Recent Posts
3 IT Services Company, Tyre Maker and Lubricants Company Stocks With a Strong Future Roadmap: Mphasis, MRF and Gulf Oil Lubricants India
3 Engineering and Product Development Services Company, Cement Maker and Steel Wire Ropes Maker Stocks With a Strong Future Roadmap: Tata Technologies, JK Cement and Usha Martin
3 Water and Flow Control Equipment Maker, Solar Modules Maker and Jewellery and Watches Retailer Stocks With a Strong Future Roadmap: Jash Engineering, Waaree Energies and Titan Company
3 Hospitality and Hotels Company, Solar Modules Maker and Automotive Castings and Machining Company Stocks With a Strong Future Roadmap: Indian Hotels Company, Emmvee Photovoltaic Power and Craftsman Automation
3 Global Pharmaceutical Company, IT and Engineering Services Company and Abrasives and Ceramics Maker Stocks With a Strong Future Roadmap: Lupin, LTM and Grindwell Norton

Uniresearch Global Pvt Ltd
Research Analyst
SEBI Registration Number — INH000013776
Uniresearch is a subsidiary of Univest Communication Technologies Private Limited
Company Address: Registered Address: Ground Floor, Unitech Commercial Tower 2, Block B, Greenwood City, Unit 1-3, Sector 45, Gurugram, Haryana 122003
Write to us : support@univest.in, compliance@univest.in
Verify on SEBI registry →RESEARCH ANALYST
Get SEBI Registered
advice on the stocks
trending today.
Get 3 FREE Trade Ideas
for Startups Accelerator 2024
Trusted by 1Cr Indians
Awarded No.1 by Economic Times





