
3 Fluoropolymer, Glycol and Chlor-Vinyl Stocks With a Strong Future Roadmap: DCM Shriram, Gujarat Fluorochemicals and India Glycols
DCM Shriram Rs 955.55, P/E 10.39. Gujarat Fluorochemicals Rs 4,476.80, P/E 81.25. India Glycols Rs 329.60, P/E 7.58. Closing prices of 9 Oct 2026.
Updated: 12 Oct 2026 • 12:22 pm
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Quick Answer
Fluoropolymer, glycol and chlor-vinyl stocks with the clearest long-term roadmaps today include DCM Shriram in chlor-vinyl chemicals, sugar and agri inputs, Gujarat Fluorochemicals in fluoropolymers, refrigerants and battery materials and India Glycols in glycols, spirits and specialty chemicals. FY26 revenue growth was 12.4% at DCM Shriram, 5.6% at Gujarat Fluorochemicals and 11.5% at India Glycols. P/E stands at 10.39 for DCM Shriram (industry 14.76), 81.25 for Gujarat Fluorochemicals (industry 36.60) and 7.58 for India Glycols (industry 54.53). Demand cycles, input costs and valuation decide how much of that growth the market keeps paying for, so each company's risks need equal attention.
Fluoropolymer, glycol and chlor-vinyl stocks give investors exposure to chemicals that go into packaging, cooling, batteries, paints and farm products. Volumes, product prices and plant utilisation decide how much of that demand turns into profit.
Readers comparing fluoropolymer, glycol and chlor-vinyl stocks should weigh growth, margins, cash flow and valuation together instead of leaning on any single number.
This list covers three fluoropolymer, glycol and chlor-vinyl stocks: DCM Shriram for chlor-vinyl chemicals, sugar and agri inputs, Gujarat Fluorochemicals for fluoropolymers, refrigerants and battery materials and India Glycols for glycols, spirits and specialty chemicals. Every figure comes from the latest reported financials and the 9 October 2026 market close. Companies without complete current figures were left out.
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What Are Fluoropolymer, Glycol and Chlor-Vinyl Stocks?
Fluoropolymer, glycol and chlor-vinyl stocks are shares of companies that make chemicals for industry, agriculture and energy uses. Results depend on volumes, product prices and plant utilisation, so product prices and utilisation separate the stronger names.
Fluoropolymer, Glycol and Chlor-Vinyl Stocks at a Glance
The table compares size, valuation, return on equity and debt for the three fluoropolymer, glycol and chlor-vinyl stocks as of the 9 Oct 2026 close.
| Company | CMP (Rs) | Market Cap (Rs Cr) | P/E | Industry P/E | ROE | Debt to Equity |
|---|---|---|---|---|---|---|
| DCM Shriram | 955.55 | 14,918 | 10.39 | 14.76 | 11.07% | 0.38 |
| Gujarat Fluorochemicals | 4,476.80 | 48,750 | 81.25 | 36.60 | 7.13% | 0.29 |
| India Glycols | 329.60 | 2,397 | 7.58 | 54.53 | 9.98% | 0.58 |
Among specialty chemical stocks, Gujarat Fluorochemicals trades at a premium to the industry P/E, while DCM Shriram and India Glycols trade at a discount.
Valuation matters here because fluoropolymer, glycol and chlor-vinyl stocks can look attractive on growth and still look expensive on earnings.
Why Do Fluoropolymer, Glycol and Chlor-Vinyl Stocks Have a Strong Roadmap in India?
Fluoropolymer, glycol and chlor-vinyl stocks have a strong roadmap in India because chemical makers with local capacity can supply growing industries such as cooling, batteries, construction and agriculture. Three drivers stand out.
- Industrial demand: Cooling, packaging and construction use these chemicals.
- Specialty mix: Higher-value products can lift margins.
- Capacity additions: New plants add volume as demand grows.
DCM Shriram: Chemicals, Sugar and Farm Inputs Drive the Pipeline
DCM Shriram's roadmap rests on chlor-vinyl chemicals, sugar, agri inputs and building products, with a spread across chemicals, farm inputs and consumer products supporting stability.
Revenue grew from Rs 9,719.33 crore in FY22 to Rs 13,734.48 crore in FY26, a 41.3% rise, and FY26 revenue was 12.4% higher than FY25. FY26 net profit rose 41.7% to Rs 855.98 crore. In Q1 FY27, revenue grew 9.6% to Rs 3,812.29 crore. Operating margin was 11.30% in FY26 and 11.77% in Q1 FY27 against 9.46% a year earlier.
Debt to equity is 0.38 and return on equity is 11.07%. FY26 operating cash flow was Rs 1,233.80 crore against capital expenditure of Rs 887.31 crore. DCM Shriram paid a dividend of Rs 11.2 per share for FY26, a yield of 1.18%. At a P/E of 10.39 against an industry P/E of 14.76, the stock trades below its industry multiple.
What to watch: Q1 FY27 operating margin was 11.77% against 11.30% for FY26, so margin stability is the figure to follow as volumes grow.
Gujarat Fluorochemicals: Fluoropolymers and Refrigerants Drive the Pipeline
Gujarat Fluorochemicals' roadmap rests on fluoropolymers, refrigerants, specialty chemicals and battery materials, with demand from industrial and clean energy users supporting growth.
Revenue grew from Rs 4,114.14 crore in FY22 to Rs 5,126.27 crore in FY26, a 24.6% rise, and FY26 revenue was 5.6% higher than FY25. FY26 net profit rose 5.1% to Rs 573.76 crore. In Q1 FY27, revenue grew 22.7% to Rs 1,600.00 crore, and net profit rose 20.3% to Rs 219.00 crore. Operating margin was 26.26% in FY26.
Debt to equity is 0.29 and return on equity is 7.13%. FY26 operating cash flow was Rs 960.55 crore against capital expenditure of Rs 1,252.18 crore. Gujarat Fluorochemicals paid a dividend of Rs 3 per share for FY26, a yield of 0.07%. At a P/E of 81.25 against an industry P/E of 36.60, the stock trades above its industry multiple.
What to watch: Return on equity of 7.13% is modest. The P/E of 81.25 sits above the industry P/E of 36.60, so earnings delivery matters for the valuation.
India Glycols: Green Chemicals and Ethanol Build the Next Leg
India Glycols' roadmap rests on glycols, spirits and ethanol, and specialty chemicals made from renewable feedstock, with ethanol blending and chemical demand supporting volumes.
Revenue grew from Rs 2,889.84 crore in FY22 to Rs 4,216.34 crore in FY26, a 45.9% rise, and FY26 revenue was 11.5% higher than FY25. FY26 net profit rose 26.8% to Rs 292.76 crore. In Q1 FY27, revenue grew 19.3% to Rs 2,988.82 crore, and net profit rose 32.2% to Rs 96.83 crore. Operating margin was 7.12% in FY26.
Debt to equity is 0.58 and return on equity is 9.98%. FY26 operating cash flow was Rs 769.16 crore against capital expenditure of Rs 823.48 crore. India Glycols paid a dividend of Rs 7.5 per share for FY26, a yield of 2.10%. At a P/E of 7.58 against an industry P/E of 54.53, the stock trades below its industry multiple.
What to watch: The P/E of 7.58 against an industry P/E of 54.53 leaves valuation less stretched, so the next quarters' growth is the figure to follow.
Best Fluoropolymer, Glycol and Chlor-Vinyl Stocks in India: DCM Shriram vs Gujarat Fluorochemicals vs India Glycols on Key Financials
Among the best fluoropolymer, glycol and chlor-vinyl stocks in India, DCM Shriram leads on FY26 revenue growth and FY26 net profit growth; Gujarat Fluorochemicals leads on FY26 operating margin and Q1 FY27 revenue growth; India Glycols leads on the lowest P/E and dividend yield. The table puts the numbers side by side.
| Metric | DCM Shriram | Gujarat Fluorochemicals | India Glycols |
|---|---|---|---|
| FY26 revenue (Rs Cr) | 13,734.48 | 5,126.27 | 4,216.34 |
| FY26 revenue growth | 12.4% | 5.6% | 11.5% |
| FY26 net profit (Rs Cr) | 855.98 | 573.76 | 292.76 |
| FY26 net profit growth | 41.7% | 5.1% | 26.8% |
| FY26 operating profit margin | 11.30% | 26.26% | 7.12% |
| Q1 FY27 revenue growth (YoY) | 9.6% | 22.7% | 19.3% |
| Return on equity | 11.07% | 7.13% | 9.98% |
| P/E ratio | 10.39 | 81.25 | 7.58 |
| Debt to equity | 0.38 | 0.29 | 0.58 |
| Dividend yield | 1.18% | 0.07% | 2.10% |
| FY26 operating cash flow (Rs Cr) | 1,233.80 | 960.55 | 769.16 |
Chemical earnings follow volumes, product prices and plant utilisation, so full-year numbers and quarterly trends together give a better view.
How to Evaluate Fluoropolymer and Glycol Chemical Stocks to Buy Before You Invest
A short checklist keeps the research consistent when you screen fluoropolymer, glycol and chlor-vinyl stocks and shortlist fluoropolymer and glycol chemical stocks to buy.
- Compare each stock's P/E with its industry P/E, which differs by company here.
- Check operating margin, debt and capacity plans together.
- Check whether revenue growth is turning into profit growth, not only sales.
- Read operating cash flow against capital expenditure to see how growth is funded.
- Watch debt to equity and interest cover before sizing a position.
- Spread exposure across companies and business lines instead of one demand cycle.
Check the Univest Screener for live data on these fluoropolymer, glycol and chlor-vinyl stocks
Risks to Consider Before Investing in Fluoropolymer, Glycol and Chlor-Vinyl Stocks
- Valuation: Gujarat Fluorochemicals trades at 81.25 times earnings against an industry multiple of 36.60.
- Price swings: Chemical prices can move with global supply.
- Feedstock costs: Raw material changes can affect margins.
- Quarterly trends: A single weak quarter can change near-term earnings, so track results every quarter.
Download the Univest iOS App or Univest Android App to track DCM Shriram, Gujarat Fluorochemicals and India Glycols live.
Final Take: Which Stock Has the Strongest Roadmap?
These three specialty chemical stocks cover fluorine products, glycols, chlor-vinyl chemicals and agri inputs. DCM Shriram leads on FY26 revenue growth and FY26 net profit growth; Gujarat Fluorochemicals leads on FY26 operating margin and Q1 FY27 revenue growth; India Glycols leads on the lowest P/E and dividend yield.
Across fluoropolymer, glycol and chlor-vinyl stocks, each roadmap still has to turn growth into steady profit, so independent research and position sizing matter. Investors should consult a SEBI-registered advisor before acting on any of the fluoropolymer and glycol chemical stocks to buy discussed here.
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).
FAQs on Fluoropolymer, Glycol and Chlor-Vinyl Stocks
Which are the best fluoropolymer, glycol and chlor-vinyl stocks in India with a strong roadmap?
Ans. DCM Shriram, Gujarat Fluorochemicals and India Glycols stand out for their roadmaps in fluorine products, glycols, chlor-vinyl chemicals and agri inputs. FY26 revenue growth was 12.4% at DCM Shriram, 5.6% at Gujarat Fluorochemicals and 11.5% at India Glycols, and return on equity ranges from 7.13% to 11.07%.
Is DCM Shriram a good stock to buy now?
Ans. DCM Shriram has a debt to equity ratio of 0.38, a return on equity of 11.07% and a P/E of 10.39 against an industry P/E of 14.76. Valuation, product prices and feedstock costs move results. This article is not investment advice, so consult a SEBI-registered advisor before deciding.
What is the P/E ratio of DCM Shriram, Gujarat Fluorochemicals and India Glycols?
Ans. The P/E ratio is 10.39 for DCM Shriram (industry 14.76), 81.25 for Gujarat Fluorochemicals (industry 36.60) and 7.58 for India Glycols (industry 54.53). Only Gujarat Fluorochemicals trades at or above the industry multiple.
Which of these fluoropolymer, glycol and chlor-vinyl stocks has the highest return on equity?
Ans. DCM Shriram has the highest return on equity at 11.07%, followed by India Glycols at 9.98% and Gujarat Fluorochemicals at 7.13%.
What are the risks of investing in fluoropolymer, glycol and chlor-vinyl stocks?
Ans. The main risks are valuation, price swings, feedstock costs and quarterly trends. Gujarat Fluorochemicals trades at 81.25 times earnings against an industry multiple of 36.60.
How did DCM Shriram, Gujarat Fluorochemicals and India Glycols perform in Q1 FY27?
Ans. DCM Shriram reported revenue of Rs 3,812.29 crore, up 9.6% year on year. Gujarat Fluorochemicals reported revenue of Rs 1,600.00 crore, up 22.7% year on year, and net profit rose 20.3% to Rs 219.00 crore. India Glycols reported revenue of Rs 2,988.82 crore, up 19.3% year on year, and net profit rose 32.2% to Rs 96.83 crore.
Do fluoropolymer, glycol and chlor-vinyl stocks pay dividends?
Ans. Yes, all three companies pay dividends. The dividend yield is 1.18% for DCM Shriram, 0.07% for Gujarat Fluorochemicals and 2.10% for India Glycols, based on dividends declared for FY26.
How can I invest in fluoropolymer, glycol and chlor-vinyl stocks in India?
Ans. You can buy fluoropolymer, glycol and chlor-vinyl stocks through a demat and trading account on NSE or BSE after checking each company's financials, margins and valuation. The Univest Screener lets you compare fundamentals before placing an order. Investments in securities are subject to market risk, so consider your risk profile first.
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