
Top Chemical Stocks Compared: SRF vs Pidilite vs Navin Fluorine vs Deepak Nitrite vs Aarti Industries on Price, Valuation, Q2 FY27 Results and Risks
Previous close: SRF Rs 2,458.70, Pidilite Rs 1,510.20, Navin Fluorine Rs 8,777.00, Deepak Nitrite Rs 1,578.40, Aarti Industries Rs 447.55.
Updated: 5 Nov 2026 • 11:18 am
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Quick Answer
This chemical stocks compared snapshot checks five names on price, valuation and Q2 FY27 results: SRF, Pidilite, Navin Fluorine, Deepak Nitrite and Aarti Industries. Pidilite is the largest by market capitalisation at Rs 1,53,494 crore. Pidilite reports the highest return on equity at 23.94%. Specialty chemical multiples are rich, so growth and margin trends are what make a premium easier to understand.
Chemical stocks compared here means SRF, Pidilite, Navin Fluorine, Deepak Nitrite and Aarti Industries on one page, checked on previous close, market value, valuation and the latest quarterly numbers. The group spans fluorochemicals, adhesives, intermediates and specialty chemicals, so each figure needs a little context before it can be read fairly.
All five chemical companies have filed their September 2026 quarter, so every result below is Q2 FY27. Chemical names tend to move with the wider market, so a glance at the Nifty 500 page and the Sensex page before you read the tables gives useful backdrop.
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Chemical Stocks Compared: Five Specialty and Consumer Names
The chemical stocks compared here are SRF, Pidilite, Navin Fluorine, Deepak Nitrite and Aarti Industries. Pidilite is the largest by market capitalisation at Rs 1,53,494 crore. Previous closes run from Rs 447.55 for Aarti Industries to Rs 8,777.00 for Navin Fluorine, which is why a side-by-side look at value rather than price is more useful. This chemical stocks compared list is the base for every table that follows.
| Stock | Previous close (Rs) | Market cap (Rs crore) |
|---|---|---|
| SRF | 2,458.70 | 72,390 |
| Pidilite | 1,510.20 | 1,53,494 |
| Navin Fluorine | 8,777.00 | 45,080 |
| Deepak Nitrite | 1,578.40 | 21,559 |
| Aarti Industries | 447.55 | 16,311 |
A quick look at the business behind each ticker puts the numbers in context. SRF is a diversified chemicals company with fluorochemicals, specialty chemicals, packaging films and technical textiles, while Pidilite is the maker of Fevicol and other adhesives, sealants and construction chemicals. Navin Fluorine is a specialty fluorine chemicals company that supplies refrigerants, specialty products and contract manufacturing, and Deepak Nitrite makes chemical intermediates used in dyes, pharma, agro and other industries. To compare chemical stocks properly, line up price to earnings, return on equity and operating margin before forming a view.
Rounding out the group, Aarti Industries makes specialty chemicals and intermediates for pharma, agro and other industries. A fair chemical stock comparison looks at what each company actually earns from, not only at the share price. Brand-led and business-to-business chemical makers belong in separate mental boxes whenever you compare chemical stocks fairly.
Chemical Stocks Valuation: Premium Multiples and Returns
Deepak Nitrite trades at the lowest price to earnings ratio in this group at 20.29. Pidilite reports the highest return on equity at 23.94%. Aarti Industries has the lowest price to book value at 2.60. These chemical stocks valuation readings come from the previous close and the latest reported financials. That is the idea behind this chemical stocks compared table: price to earnings and return on equity sit side by side so a high or low reading stands out at once.
| Stock | Price to earnings | Price to book | ROE (%) | Dividend yield (%) | Debt to equity |
|---|---|---|---|---|---|
| SRF | 31.71 | 4.73 | 14.92 | 0.37 | 0.35 |
| Pidilite | 56.48 | 13.69 | 23.94 | 0.76 | 0.03 |
| Navin Fluorine | 49.51 | 10.10 | 20.41 | 0.10 | 0.28 |
| Deepak Nitrite | 20.29 | 3.33 | 16.40 | 0.47 | 0.27 |
| Aarti Industries | 27.50 | 2.60 | 9.47 | 0.22 | 0.83 |
Chemical stocks often trade at premium price to earnings multiples because investors pay for growth in specialty products and long customer relationships. Return on equity and operating margin help you judge whether the premium is earned, and debt to equity shows how new plants are being funded. Earnings per share and book value per share are the building blocks behind price to earnings and price to book, so a glance at both in each filing is time well spent. A simple chemical stock comparison like this one is only as useful as the context behind it, which is why operating margin is worth checking as well.
In this group, price to earnings runs from 20.29 for Deepak Nitrite to 56.48 for Pidilite. Pidilite offers the highest dividend yield at 0.76%. For reference, the industry price to earnings sits at 32.55, so you can see at a glance which stocks are rated above or below the group. The industry price to earnings is a handy anchor: a stock above it is priced for faster growth, and a stock below it is priced for steadier earnings. A well-built chemical stock comparison also notes that plant ramp-ups can shift profit between quarters. Run the same chemical stock comparison on your own watchlist and the pattern in these numbers will be easier to spot.
Chemical Stocks Q2 FY27 Results: Revenue and Profit Check
All of the five chemical stocks compared have filed Q2 FY27 numbers. Aarti Industries posted the fastest revenue growth at 73.1% year on year. Deepak Nitrite showed the sharpest rise in net profit at 234.9%. Read revenue first and quarterly profit second, since the two together show how much of the growth reaches shareholders. Treat the Q2 FY27 numbers in this chemical stocks compared review as a snapshot of one quarter, not a verdict on any chemical maker.
| Stock | Q2 FY27 revenue (Rs crore) | Q2 FY26 revenue (Rs crore) | Q2 FY27 net profit (Rs crore) | Q2 FY26 net profit (Rs crore) |
|---|---|---|---|---|
| SRF | 4,929 | 3,666 | 509.1 | 388.2 |
| Pidilite | 4,362 | 3,605 | 626.5 | 584.6 |
| Navin Fluorine | 1,206 | 776.6 | 269.2 | 148.4 |
| Deepak Nitrite | 3,093 | 1,922 | 397.7 | 118.8 |
| Aarti Industries | 3,894 | 2,250 | 169.0 | 106.0 |
SRF Results Snapshot
SRF reported Q2 FY27 revenue of Rs 4,929 crore, compared with Rs 3,666 crore a year earlier, a rise of 34.5%. Net profit rose 31.2% to Rs 509.1 crore from Rs 388.2 crore. Earnings per share for the quarter rose to Rs 17.18 from Rs 13.10.
Pidilite Results Snapshot
In the September 2026 quarter, Pidilite booked revenue of Rs 4,362 crore against Rs 3,605 crore in the same quarter last year, a rise of 21.0%. Net profit rose 7.2% to Rs 626.5 crore from Rs 584.6 crore. Earnings per share for the quarter rose to Rs 6.03 from Rs 5.68.
Navin Fluorine Results Snapshot
Navin Fluorine's Q2 FY27 top line stood at Rs 1,206 crore, versus Rs 776.6 crore in Q2 FY26, a rise of 55.3%. Net profit rose 81.5% to Rs 269.2 crore from Rs 148.4 crore. Operating margin expanded to 35.5% from 34.9% a year ago. Earnings per share for the quarter rose to Rs 52.41 from Rs 29.02.
Deepak Nitrite Results Snapshot
Deepak Nitrite reported Q2 FY27 revenue of Rs 3,093 crore, compared with Rs 1,922 crore a year earlier, a rise of 60.9%. Net profit rose 234.9% to Rs 397.7 crore from Rs 118.8 crore. Operating margin expanded to 20.9% from 11.8% a year ago. Earnings per share for the quarter rose to Rs 29.16 from Rs 8.71.
Aarti Industries Results Snapshot
In the September 2026 quarter, Aarti Industries booked revenue of Rs 3,894 crore against Rs 2,250 crore in the same quarter last year, a rise of 73.1%. Net profit rose 59.4% to Rs 169.0 crore from Rs 106.0 crore. Net profit margin improved to 4.3% from 3.7%. Earnings per share for the quarter rose to Rs 4.65 from Rs 2.91.
Chemical results depend on realisations, volumes and plant ramp-ups, so profit can move differently from revenue. That is why a chemical stock comparison works best when revenue and profit are read together across two or three quarters. Used this way, a chemical stocks compared review becomes a map of the sector rather than a price list. When you compare chemical stocks after each result season, track how operating margin changes from one quarter to the next. A chemical stock comparison built on one quarter of data is a starting point, and the next set of results will update it.
Chemical Stocks Compared Two at a Time: Three Pairings
Readers rarely want a five-way table and nothing else, so here are three head-to-head reads drawn from the same data. Use them as a quick way to compare chemical stocks two at a time.
Navin Fluorine vs SRF
Navin Fluorine and SRF are the two fluorine-linked names on this list, with SRF spread across several chemical and film businesses. SRF is about 1.6 times the size of Navin Fluorine by market capitalisation, at Rs 72,390 crore against Rs 45,080 crore. On price to earnings, SRF carries the lower multiple at 31.71 against 49.51 for Navin Fluorine. Navin Fluorine reports the higher return on equity, at 20.41% against 14.92% for SRF. One is a focused fluorine specialist and the other a diversified group, so read the business mix before you read the ratio.
Deepak Nitrite vs Aarti Industries
Deepak Nitrite and Aarti Industries both make intermediates and specialty chemicals for other industries. On price to earnings, Deepak Nitrite carries the lower multiple at 20.29 against 27.50 for Aarti Industries. Deepak Nitrite reports the higher return on equity, at 16.40% against 9.47% for Aarti Industries. For dividend income, Deepak Nitrite offers 0.47% against 0.22% at Aarti Industries. Customer wins and plant ramp-ups shape both, so read growth and margin along with valuation.
Pidilite vs SRF
Pidilite sells consumer-facing adhesives and sealants while SRF sells chemicals and films to other businesses. Pidilite reports the higher return on equity, at 23.94% against 14.92% for SRF. For dividend income, Pidilite offers 0.76% against 0.37% at SRF. In Q2 FY27, SRF grew revenue faster, at 34.5% year on year against 21.0% for Pidilite. A brand-led model and a business-to-business model are priced differently, so read return on equity before you judge either multiple.
Best Chemical Stocks for Each Type of Investor
Which of the best chemical stocks is right for you depends on your priorities, so the table below lists the leader on each measure instead of crowning one name. Any chemical stocks compared table can mislead if you stop at one row, because each chemical maker leads on a different measure.
| If you care most about | Start your research with | The number |
|---|---|---|
| Lowest price to earnings | Deepak Nitrite | 20.29 |
| Highest return on equity | Pidilite | 23.94% |
| Highest dividend yield | Pidilite | 0.76% |
| Lowest price to book value | Aarti Industries | 2.60 |
| Largest by market capitalisation | Pidilite | Rs 1,53,494 crore |
| Fastest Q2 FY27 revenue growth | Aarti Industries | 73.1% |
| Sharpest Q2 FY27 net profit rise | Deepak Nitrite | 234.9% |
No single name tops every row, which is exactly why a chemical stock comparison helps. A consumer brand, a fluorine specialist and intermediate makers lead on different measures, so decide which model suits you before you rank the numbers.
What Is Driving Chemical Demand Right Now?
Indian chemical makers benefit from the global push to diversify supply chains, rising domestic demand and a growing role in specialty and fluorine chemistry. Long-term contracts with global customers give some of them better visibility. Knowing what moves realisations and plant ramp-ups helps you compare chemical stocks with the right questions in mind.
Realisations, volumes, operating margin and capacity additions shape quarterly profit. Consumer-facing names such as Pidilite follow brand and distribution strength, while specialty producers follow customer wins and plant ramp-ups. A good chemical stocks compared routine therefore tracks volumes, realisations, operating margin and new capacity.
Risks to Weigh When You Compare Chemical Stocks
Chemical stocks are sensitive to raw material and energy costs, global demand cycles, pricing from overseas competitors and environmental rules. New plants also take time to reach full output. Read the commentary on volumes and margins in each filing before you compare them. Every chemical stock comparison has blind spots, and for this group the biggest is realisations and plant ramp-ups.
Because volumes, realisations, operating margin and new capacity drive these businesses, the most useful habit is to read the management commentary that comes with every result and note what is expected for the next quarter. Read together, the risk notes and the tables make this chemical stocks compared guide a balanced starting point.
How to Compare Chemical Stocks and Build a Shortlist
Start by deciding whether you want a consumer-facing brand, a fluorine specialist or an intermediates producer, because each responds to different triggers. Brand-led names reward readers who track distribution, while specialty producers reward those who track customer wins. Done step by step, this chemical stocks compared routine becomes repeatable rather than a one-off exercise.
Then check valuation and debt, because plant expansion is funded with capital and premium multiples leave less room for slips. Spreading your attention across one brand-led and one specialty name is a simple way to see both sides of the sector. Keep the shortlist of best chemical stocks short enough that you can actually follow each company's quarterly results. When you compare chemical stocks again after new results, update only the rows that changed instead of starting over.
The Univest stock screener lets you filter chemical stocks by market capitalisation, return on equity and price to earnings, and the app keeps live prices a tap away through the trading day. Come back to this chemical stocks compared page after the next set of results to see which numbers have moved.
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Conclusion: Chemical Stocks Compared at a Glance
This chemical stocks compared review on price, valuation and Q2 FY27 results shows that no single name wins every measure. Pidilite leads on both size and return on equity, though the others bring strengths of their own. Treat the chemical stocks Q2 FY27 results and chemical stocks valuation tables as a research starting point, then check the filings and speak to a SEBI-registered advisor before you invest. If you plan to compare chemical stocks again next quarter, the same checklist of price to earnings, return on equity and operating margin will work.
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).
Frequently Asked Questions on Chemical Stocks Compared
Which are the top chemical stocks compared in this article?
Ans. The chemical stocks compared in this article are SRF, Pidilite, Navin Fluorine, Deepak Nitrite and Aarti Industries. They are checked on previous close, market capitalisation, price to earnings, price to book, return on equity and the latest quarterly results, so the group can be read in one sitting before you go deeper into any single company.
Which chemical stock has the highest market capitalisation?
Ans. Among the five names, Pidilite has the highest market capitalisation at Rs 1,53,494 crore. SRF follows at Rs 72,390 crore. Market value changes with every price move, which means the ranking can shuffle, so look at the latest figure on the exchange.
Which of these chemical stocks has the lowest price to earnings ratio?
Ans. On chemical stocks valuation, Deepak Nitrite has the lowest price to earnings ratio among these chemical stocks at 20.29, based on the latest reported earnings. Pidilite sits at the other end at 56.48. Treat the lowest multiple as a place to start asking questions, because growth and business quality explain why investors pay more or less.
Which chemical stock has the highest return on equity?
Ans. Pidilite reports the highest return on equity in this group at 23.94%. In plain terms, return on equity tells you how hard shareholder funds are working. Read it across a few years and alongside debt, since a high ratio built on borrowing carries more risk.
How did chemical stocks perform in Q2 FY27 results?
Ans. All of the five names have filed Q2 FY27 numbers in our data. Aarti Industries recorded the fastest revenue growth at 73.1% year on year. Deepak Nitrite showed the sharpest net profit rise at 234.9%. For chemical stocks Q2 FY27 results, each filing on the exchange website carries the full detail behind these figures.
What are the main risks when you compare chemical stocks?
Ans. Chemical stocks are sensitive to raw material and energy costs, global demand cycles, pricing from overseas competitors and environmental rules. New plants also take time to reach full output. Read the commentary on volumes and margins in each filing before you compare them. Keep an eye on volumes, realisations, operating margin and new capacity.
Which metrics matter most when you compare chemical stocks?
Ans. Operating margin, return on equity and price to earnings matter most, since these businesses are valued on growth and margin quality. Volumes, realisations and capacity additions drive revenue, and debt to equity shows how expansion is funded. Read each filing for these along with the numbers in this article.
Which is the best chemical stock to buy among these five?
Ans. The best chemical stock depends on whether you value brand strength, specialty exposure or growth momentum, because the five names differ on all three. On the numbers in this article, Pidilite has the largest market capitalisation, the highest return on equity and the highest dividend yield; Deepak Nitrite has the lowest price to earnings. There is no clear winner across every measure, and nothing here is a recommendation. Let the tables narrow your list, confirm the numbers in the filings, and take advice from a SEBI-registered advisor before acting.
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