Is the Speciality Chemicals sector outperforming NIFTY 500?
The 52-week sector comparison is unavailable. 16 of 27 covered companies currently have positive Mansfield relative strength versus NIFTY 500.
20-quarter listed-company comparison
Speciality Chemicals Stocks in India
Speciality Chemicals: Pidilite Industries Ltd owns the largest revenue base; Fineotex Chemical Ltd has the fastest current growth.
Nifty Speciality Chemicals Index — Constituents & Performance
The Speciality Chemicals companies below are the listed Indian Speciality Chemicals universe this page tracks — the same constituent set people search for as the Nifty Speciality Chemicals index. Every figure is equal-weighted across those companies, so one large constituent cannot set the reading. Each number carries its own as-of date.
The sector itself · before any single company
How has Speciality Chemicals moved against NIFTY 500?
The line below covers 5.1 years. Over the most recent two of them this sector is 9% ahead of NIFTY 500. Earnings across its companies grew 6% on average over the last four reported quarters — close to flat. It has been ahead of NIFTY 500 on a rolling three-month view for 16 weeks running.
LEADER · ahead 16w✓Moving with the index17 of 24 companies ahead of NIFTY 500 by 5% or more over three months
RS ↑16w · 18/24 >200d (+1) · 17/24 lead (+1) · EPS 17/23↑
Speciality Chemicals, equal-weighted, based at 200
NIFTY 500, same base, same start
trailing 12-month earnings per share rising
falling
Strength anatomy
Broad but lateHow much of the sector is participating, how recently, and whether the movers score well.
Together17 of 24 stocks moving
Fresh2 crossed in the last 4 weeks
Backed by scoresmovers score +3 vs the sector average
Down the cap ladder — bar is now, tick is four weeks ago
Large
3/5+1
Mid
7/9+1
Small
7/10−1
Participation is not spreading downward this month; the larger companies are still carrying most of it.
Both lines start at 200 in the same week, so the distance between them is the whole story: the sector line is an equal-weighted index of its 24 companies. The bars underneath are trailing 12-month earnings per share, one bar per reported quarter, each member rebased to 100 at the start and the sector taking the median — so a price line pulling away from flat bars is a re-rating, not earnings. A bar turns red when that figure is lower than the quarter before. Rules are fixed and applied identically everywhere on this site: ahead by 5% or more over three months, or behind by 20% or more over a year while earnings grew 20% or more. Hover any point to read both values and the gap. This is a description of what the numbers did, not advice.
Sector relative strength · before individual stocks
Is Speciality Chemicals outperforming NIFTY 500?
The 52-week comparison of Speciality Chemicals against NIFTY 500 is not available from the current market series. 16 of 27 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Aether Industries Ltd is the strongest against the sector itself at +33.2%. Readings are as of 2026-07-19.
—Sector vs NIFTY 500 · 13 weeks
—Sector vs NIFTY 500 · 52 weeks
16/27Stocks leading NIFTY 500
8/25Stocks leading sector
Sector metric: 33.9 as of 2026-07-19 · NARROWING · rising.
The central tension: the companies with the most scale are not necessarily the companies creating the most change.
Start with scale. Then earnings trajectory. Then business quality. Only after those three agree should price leadership carry much weight.
Bottom line
The 52-week sector comparison is unavailable. 16 of 27 covered companies currently have positive Mansfield relative strength versus NIFTY 500. Pidilite Industries Ltd leads with revenue of ₹14,600 crore, based on 27 of 27 comparable companies through Mar 2026. Fineotex Chemical Ltd has the fastest current revenue growth at 91.5%, across 27 of 27 comparable companies.
Which Speciality Chemicals company is largest by revenue?
Pidilite Industries Ltd leads with revenue of ₹14,600 crore, based on 27 of 27 comparable companies through Mar 2026.
Which Speciality Chemicals company is growing fastest?
Fineotex Chemical Ltd has the fastest current revenue growth at 91.5%, across 27 of 27 comparable companies.
Which Speciality Chemicals company has the strongest 4-Factor Sector Score?
Sunshield Chemicals Ltd ranks first at 71.9/100 with 73% evidence confidence. The score prioritizes research; it is not a buy recommendation.
Which Speciality Chemicals company reports the most CAPEX?
Aether Industries Ltd reports the largest latest CAPEX at ₹162 crore, with 1 of 27 companies comparable.
Which Speciality Chemicals company has the least gross debt?
Sunshield Chemicals Ltd has the lowest comparable gross debt at ₹0 crore. Aarti Industries Ltd has the highest at ₹4,966 crore.
Which Speciality Chemicals company has the lowest comparable PEG?
Panama Petrochem Ltd has the lowest comparable Guarded PEG at 0.55, among 12 of 27 companies that pass the metric’s comparability rules.
How much history does this Speciality Chemicals comparison include?
The page compares up to 20 reported quarters per company for fundamentals, CAPEX, debt and valuation, ending Jun 2026. Missing observations remain blank rather than being estimated.
How is the 4-Factor Sector Score calculated?
The four visible contributions add directly: growth and earnings up to 35 points, capital efficiency up to 25, valuation up to 20, and relative strength up to 20. Missing or stale evidence moves only the affected contribution toward neutral.
Companies
27
complete canonical membership
Combined market value
₹3.0 L Cr
Pidilite Industries Ltd
Revenue growing
22/27
positive TTM year-on-year growth
Beating NIFTY 500
16/27
positive Mansfield relative strength
Global company selection
00 · research priority, made explicit
4-Factor Sector Score
An additive sector-relative research score. The four displayed point contributions always equal the total: Growth & earnings (35), Capital efficiency (25), Valuation (20), and Relative strength (20). Missing or stale evidence is absorbed inside the affected factor, never applied as a hidden adjustment.
Growth & earnings · 35%Capital efficiency · 25%Valuation · 20%Relative strength · 20%
Sunshield Chemicals Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 73% evidence confidence.
Transpek Industry Ltd looks inexpensive relative to peers or its own history, but its earnings trajectory has not yet earned the valuation signal.
Neogen Chemicals Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is guarded: positive earnings, positive 5–60% three-year EPS growth, and a positive P/E are required.
1. Sunshield Chemicals Ltd · 530845
71.9/100 · Favorable setup · 73% evidence
Exact sum: 28.8 + 17.9 + 11.1 + 14.1 = 71.9
Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
28.8/35Growth & earnings
Revenue 20.5% · PAT 100% · OPM change 5 pp
83% evidence
17.9/25Capital efficiency
ROCE 19.9% · debt/equity 0×
80% evidence
11.1/20Valuation
P/E 35.5× · PEG —
50% evidence
14.1/20Relative strength
RS sector 2.3% · RS bench 19.3% · 1Y 48.9%
70% evidence
2. Privi Speciality Chemicals Ltd · PRIVISCL
66.2/100 · Favorable setup · 72% evidence
Exact sum: 27.2 + 15.5 + 9.3 + 14.2 = 66.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
27.2/35Growth & earnings
Revenue 22% · PAT 72.3% · OPM change 3 pp
83% evidence
15.5/25Capital efficiency
ROCE 22.3% · debt/equity 0.72×
80% evidence
9.3/20Valuation
P/E 42.9× · PEG —
15% evidence
14.2/20Relative strength
RS sector 9.7% · RS bench 23.4% · 1Y 50%
100% evidence
3. Pidilite Industries Ltd · PIDILITIND
64.6/100 · Mixed-positive evidence · 90% evidence
Exact sum: 22.1 + 20.5 + 7.2 + 14.8 = 64.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22.1/35Growth & earnings
Revenue 11.1% · PAT 17.9% · OPM change 3 pp
88% evidence
20.5/25Capital efficiency
ROCE 31% · debt/equity 0.04×
100% evidence
7.2/20Valuation
P/E 64.9× · PEG 3.73
100% evidence
14.8/20Relative strength
RS sector 5.2% · RS bench 5.1% · 1Y 5.9%
70% evidence
4. Vikram Thermo (India) Ltd · 530477
63.4/100 · Mixed-positive evidence · 64% evidence
Exact sum: 23.3 + 19.1 + 8.9 + 12.1 = 63.4
Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
23.3/35Growth & earnings
Revenue 7% · PAT 100% · OPM change 7.1 pp
83% evidence
19.1/25Capital efficiency
ROCE 36.4% · debt/equity 0.03×
80% evidence
8.9/20Valuation
P/E 20× · PEG —
50% evidence
12.1/20Relative strength
RS sector — · RS bench 44.2% · 1Y —
25% evidence
5. Aether Industries Ltd · AETHER
58.6/100 · Mixed-positive evidence · 96% evidence
Exact sum: 22.4 + 12.3 + 5.3 + 18.6 = 58.6
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22.4/35Growth & earnings
Revenue 38.3% · PAT 38.6% · OPM change -6 pp
88% evidence
12.3/25Capital efficiency
ROCE 11.9% · debt/equity 0.19×
100% evidence
5.3/20Valuation
P/E 83.7× · PEG 8.9
100% evidence
18.6/20Relative strength
RS sector 33.2% · RS bench 50% · 1Y 79.3%
100% evidence
6. Panama Petrochem Ltd · PANAMAPET
58.2/100 · Mixed-positive evidence · 90% evidence
Exact sum: 18 + 13.8 + 15.9 + 10.5 = 58.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
18.0/35Growth & earnings
Revenue 9.7% · PAT 14.5% · OPM change 2 pp
88% evidence
13.8/25Capital efficiency
ROCE 19.2% · debt/equity 0.08×
100% evidence
15.9/20Valuation
P/E 14.2× · PEG 0.55
100% evidence
10.5/20Relative strength
RS sector -5.8% · RS bench 33.8% · 1Y 16.1%
70% evidence
7. Yasho Industries Ltd · YASHO
56.9/100 · Mixed-positive evidence · 83% evidence
Exact sum: 23.7 + 9.2 + 11.5 + 12.5 = 56.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
23.7/35Growth & earnings
Revenue 23% · PAT 100% · OPM change -1 pp
88% evidence
9.2/25Capital efficiency
ROCE 8.9% · debt/equity 1.26×
100% evidence
11.5/20Valuation
P/E 147× · PEG 1.15
65% evidence
12.5/20Relative strength
RS sector -2.4% · RS bench 69.9% · 1Y 51.8%
70% evidence
8. Alkyl Amines Chemicals Ltd · ALKYLAMINE
56.9/100 · Mixed-positive evidence · 73% evidence
Exact sum: 20.4 + 19.2 + 9.3 + 8 = 56.9
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20.4/35Growth & earnings
Revenue 17.4% · PAT 100% · OPM change -0.1 pp
71% evidence
19.2/25Capital efficiency
ROCE 41.3% · debt/equity 0×
95% evidence
9.3/20Valuation
P/E 48.3× · PEG —
50% evidence
8.0/20Relative strength
RS sector -14.6% · RS bench 4.8% · 1Y -19%
70% evidence
9. Tatva Chintan Pharma Chem Ltd · TATVA
56.8/100 · Mixed-positive evidence · 93% evidence
Exact sum: 31 + 8.1 + 4.7 + 13 = 56.8
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
31.0/35Growth & earnings
Revenue 41.1% · PAT 100% · OPM change 4 pp
100% evidence
8.1/25Capital efficiency
ROCE 7.1% · debt/equity 0.15×
100% evidence
4.7/20Valuation
P/E 76.9× · PEG 5.63
65% evidence
13.0/20Relative strength
RS sector 2.3% · RS bench 15.3% · 1Y 42.8%
100% evidence
10. Aarti Industries Ltd · AARTIIND
56.5/100 · Mixed-positive evidence · 96% evidence
Exact sum: 22.3 + 8.3 + 12 + 13.9 = 56.5
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
22.3/35Growth & earnings
Revenue 14.1% · PAT 26.6% · OPM change 2 pp
88% evidence
8.3/25Capital efficiency
ROCE 6.8% · debt/equity 0.83×
100% evidence
12.0/20Valuation
P/E 42.1× · PEG 0.94
100% evidence
13.9/20Relative strength
RS sector 4.7% · RS bench 17.7% · 1Y 10.6%
100% evidence
11. Kronox Lab Sciences Ltd · KRONOX
56.1/100 · Mixed-positive evidence · 61% evidence
Exact sum: 13.7 + 20.3 + 11 + 11.1 = 56.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
13.7/35Growth & earnings
Revenue 1% · PAT 8.2% · OPM change 6.8 pp
83% evidence
20.3/25Capital efficiency
ROCE 36% · debt/equity 0.02×
95% evidence
11.0/20Valuation
P/E 20.7× · PEG —
15% evidence
11.1/20Relative strength
RS sector — · RS bench 5.6% · 1Y —
25% evidence
12. Vinati Organics Ltd · VINATIORGA
54.1/100 · Mixed-positive evidence · 87% evidence
Exact sum: 14.3 + 19.9 + 12.7 + 7.2 = 54.1
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
14.3/35Growth & earnings
Revenue -0.9% · PAT 9.6% · OPM change 0 pp
83% evidence
19.9/25Capital efficiency
ROCE 19.8% · debt/equity 0×
95% evidence
12.7/20Valuation
P/E 30.4× · PEG 2.14
100% evidence
7.2/20Relative strength
RS sector -4.1% · RS bench -13.7% · 1Y -33.5%
70% evidence
13. Amal Ltd · AMAL
51.4/100 · Thin evidence · provisional · 51% evidence
Exact sum: 19.8 + 16.4 + 10.9 + 4.3 = 51.4
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
19.8/35Growth & earnings
Revenue 72.5% · PAT 19.1% · OPM change -31.6 pp
53% evidence
16.4/25Capital efficiency
ROCE 36.3% · debt/equity 0×
60% evidence
10.9/20Valuation
P/E 23× · PEG —
15% evidence
4.3/20Relative strength
RS sector -18.2% · RS bench -26.3% · 1Y -49.9%
70% evidence
14. Fineotex Chemical Ltd · FCL
49.2/100 · Mixed-negative evidence · 94% evidence
Exact sum: 19 + 14.9 + 3.1 + 12.2 = 49.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
19.0/35Growth & earnings
Revenue 91.5% · PAT 41% · OPM change -2 pp
100% evidence
14.9/25Capital efficiency
ROCE 18.3% · debt/equity 0.01×
100% evidence
3.1/20Valuation
P/E 37.7× · PEG 4.19
100% evidence
12.2/20Relative strength
RS sector -2.3% · RS bench 43.3% · 1Y 39.3%
70% evidence
15. Grauer & Weil (India) Ltd · GRAUWEIL
48.5/100 · Mixed-negative evidence · 96% evidence
Exact sum: 15.9 + 18.1 + 7 + 7.5 = 48.5
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15.9/35Growth & earnings
Revenue 4.9% · PAT 4.4% · OPM change 8 pp
88% evidence
18.1/25Capital efficiency
ROCE 21.4% · debt/equity 0.01×
100% evidence
7.0/20Valuation
P/E 20.4× · PEG 4.01
100% evidence
7.5/20Relative strength
RS sector -11% · RS bench -0.4% · 1Y -26.2%
100% evidence
16. Platinum Industries Ltd · PLATIND
48.3/100 · Mixed-negative evidence · 70% evidence
Exact sum: 17.3 + 13.8 + 10.8 + 6.4 = 48.3
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
17.3/35Growth & earnings
Revenue 14.5% · PAT 0% · OPM change 4 pp
83% evidence
13.8/25Capital efficiency
ROCE 15.7% · debt/equity 0.02×
95% evidence
10.8/20Valuation
P/E 23.9× · PEG —
15% evidence
6.4/20Relative strength
RS sector -10.6% · RS bench -8% · 1Y -27%
70% evidence
17. DMCC Speciality Chemicals Ltd · DMCC
45.7/100 · Mixed-negative evidence · 76% evidence
Exact sum: 20.4 + 11 + 10.5 + 3.8 = 45.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20.4/35Growth & earnings
Revenue 34.8% · PAT 27% · OPM change -2.1 pp
83% evidence
11.0/25Capital efficiency
ROCE 15.3% · debt/equity 0.35×
95% evidence
10.5/20Valuation
P/E 24.9× · PEG —
15% evidence
3.8/20Relative strength
RS sector -13.9% · RS bench -3.7% · 1Y -16.3%
100% evidence
18. Neogen Chemicals Ltd · NEOGEN
45.5/100 · Mixed-negative evidence · 90% evidence
Exact sum: 15.4 + 5.5 + 5.1 + 19.5 = 45.5
Decision use: Price leads the evidence: RS versus the benchmark is 45.8%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
15.4/35Growth & earnings
Revenue 18.1% · PAT 6.1% · OPM change 2 pp
100% evidence
5.5/25Capital efficiency
ROCE 6.5% · debt/equity 1.71×
100% evidence
5.1/20Valuation
P/E 159× · PEG —
50% evidence
19.5/20Relative strength
RS sector 30.8% · RS bench 45.8% · 1Y 38.9%
100% evidence
19. Vishnu Chemicals Ltd · VISHNU
45.4/100 · Mixed-negative evidence · 96% evidence
Exact sum: 15.5 + 11.9 + 7.3 + 10.7 = 45.4
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
15.5/35Growth & earnings
Revenue 11.2% · PAT 12.7% · OPM change 1 pp
88% evidence
11.9/25Capital efficiency
ROCE 16.3% · debt/equity 0.49×
100% evidence
7.3/20Valuation
P/E 29.9× · PEG 2.1
100% evidence
10.7/20Relative strength
RS sector 0.9% · RS bench 13.3% · 1Y 20.9%
100% evidence
20. Anupam Rasayan India Ltd · ANURAS
45.0/100 · Mixed-negative evidence · 79% evidence
Exact sum: 20.9 + 10.2 + 8.4 + 5.5 = 45
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
20.9/35Growth & earnings
Revenue 64.5% · PAT 38.8% · OPM change -7 pp
83% evidence
10.2/25Capital efficiency
ROCE 7.4% · debt/equity 0.56×
80% evidence
8.4/20Valuation
P/E 83.6× · PEG —
50% evidence
5.5/20Relative strength
RS sector -9.7% · RS bench 1.9% · 1Y 10.2%
100% evidence
21. Chemcon Speciality Chemicals Ltd · CHEMCON
41.7/100 · Mixed-negative evidence · 77% evidence
Exact sum: 16.4 + 10.2 + 11 + 4.1 = 41.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
16.4/35Growth & earnings
Revenue 15.7% · PAT -3.5% · OPM change 1.2 pp
83% evidence
10.2/25Capital efficiency
ROCE 6.4% · debt/equity 0.11×
95% evidence
11.0/20Valuation
P/E 27.4× · PEG —
50% evidence
4.1/20Relative strength
RS sector -21.7% · RS bench -9.4% · 1Y -21.8%
70% evidence
22. Galaxy Surfactants Ltd · GALAXYSURF
41.0/100 · Mixed-negative evidence · 90% evidence
Exact sum: 12.3 + 13.8 + 8.7 + 6.2 = 41
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
12.3/35Growth & earnings
Revenue 24.2% · PAT -13.1% · OPM change -2 pp
88% evidence
13.8/25Capital efficiency
ROCE 13.5% · debt/equity 0.09×
100% evidence
8.7/20Valuation
P/E 24.8× · PEG 4.39
100% evidence
6.2/20Relative strength
RS sector -12.1% · RS bench -5.8% · 1Y -24.4%
70% evidence
23. Amines & Plasticizers Ltd · AMNPLST
39.7/100 · Mixed-negative evidence · 77% evidence
Exact sum: 9.4 + 14.9 + 8.4 + 7 = 39.7
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
9.4/35Growth & earnings
Revenue -13.8% · PAT -14.3% · OPM change 2 pp
83% evidence
14.9/25Capital efficiency
ROCE 16.7% · debt/equity 0.09×
95% evidence
8.4/20Valuation
P/E 29.3× · PEG —
50% evidence
7.0/20Relative strength
RS sector -19.4% · RS bench 3.5% · 1Y -16.7%
70% evidence
24. Clean Science & Technology Ltd · CLEAN
38.0/100 · Mixed-negative evidence · 90% evidence
Exact sum: 6.5 + 19.4 + 8.6 + 3.5 = 38
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6.5/35Growth & earnings
Revenue -1% · PAT -13.6% · OPM change -2 pp
88% evidence
19.4/25Capital efficiency
ROCE 20.6% · debt/equity 0×
100% evidence
8.6/20Valuation
P/E 33.4× · PEG 6.24
100% evidence
3.5/20Relative strength
RS sector -24.4% · RS bench -18.2% · 1Y -43.6%
70% evidence
25. Transpek Industry Ltd · TRANSPEK
36.5/100 · Mixed-negative evidence · 77% evidence
Exact sum: 8.1 + 10.4 + 13.9 + 4.1 = 36.5
Decision use: Cheap but unconfirmed: require improving earnings before treating the valuation as an opportunity.
8.1/35Growth & earnings
Revenue -4.4% · PAT -6.3% · OPM change -7.5 pp
83% evidence
10.4/25Capital efficiency
ROCE 8.3% · debt/equity 0.08×
95% evidence
13.9/20Valuation
P/E 13× · PEG —
50% evidence
4.1/20Relative strength
RS sector -19.7% · RS bench -17.2% · 1Y -38.8%
70% evidence
26. Paushak Ltd · PAUSHAKLTD
35.2/100 · Mixed-negative evidence · 77% evidence
Exact sum: 11 + 12.1 + 8.2 + 3.9 = 35.2
Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
11.0/35Growth & earnings
Revenue 4.3% · PAT -18.4% · OPM change 0 pp
83% evidence
12.1/25Capital efficiency
ROCE 8.3% · debt/equity 0.16×
95% evidence
8.2/20Valuation
P/E 41.6× · PEG —
50% evidence
3.9/20Relative strength
RS sector -27.5% · RS bench -6% · 1Y -21.3%
70% evidence
27. Thirumalai Chemicals Ltd · TIRUMALCHM
24.5/100 · Thin evidence · provisional · 59% evidence
Exact sum: 8.6 + 1.4 + 10 + 4.5 = 24.5
Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
8.6/35Growth & earnings
Revenue -15.4% · PAT -80% · OPM change -2 pp
62% evidence
1.4/25Capital efficiency
ROCE -3.1% · debt/equity 1.39×
95% evidence
10.0/20Valuation
P/E — · PEG —
0% evidence
4.5/20Relative strength
RS sector -15.9% · RS bench -28% · 1Y -46.6%
70% evidence
01 · compare level, then change
Revenue Scale & Growth Durability
Pidilite Industries Ltd has the highest Revenue among the 27 Speciality Chemicals companies compared here, at ₹14,600 crore. Aarti Industries Ltd is next at ₹8,298 crore. Fineotex Chemical Ltd has the highest Revenue growth at 91.5%, so level and change sit with different companies. 27 of 27 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Pidilite Industries Ltd is the scale leader at ₹14,600 crore, 75.9% ahead of Aarti Industries Ltd. Fineotex Chemical Ltd's growth is 91.5% from a ₹1,013 crore base, with 20 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.
LeaderPidilite Industries Ltd · ₹14,600 crore
Gap75.9% versus #2 · Aarti Industries Ltd
Persistence8/8 recent comparable periods
Coverage27/27 companies · 449 observations
Investor read: Pidilite Industries Ltd is the scale benchmark; Fineotex Chemical Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.
This conclusion weakens if: Pidilite Industries Ltd's growth falls below Fineotex Chemical Ltd's for two consecutive comparable reports while operating margin also compresses.
Revenue is compared on a common reported-currency basis. Growth is year-on-year, so seasonality does not masquerade as progress.
Revenuelargest
1Pidilite Industries Ltd PIDILITIND₹14.6K Cr
2Aarti Industries Ltd AARTIIND₹8.3K Cr
3Galaxy Surfactants Ltd GALAXYSURF₹5.2K Cr
4Panama Petrochem Ltd PANAMAPET₹3.1K Cr
5Privi Speciality Chemicals Ltd PRIVISCL₹2.6K Cr
Revenue growthfastest growers
1Fineotex Chemical Ltd FCL92%
2Amal Ltd AMAL · older report73%
3Anupam Rasayan India Ltd ANURAS65%
4Tatva Chintan Pharma Chem Ltd TATVA41%
5Aether Industries Ltd AETHER38%
Revenue · company comparison
27/27 level · 27/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Revenue | Revenue growth | Reported |
|---|---|---|---|
| Pidilite Industries Ltd PIDILITIND | ₹3.6K Cr | 14% | Mar 2026 |
| Aarti Industries Ltd AARTIIND | ₹2.2K Cr | 13% | Mar 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | ₹1.3K Cr | 15% | Mar 2026 |
| Panama Petrochem Ltd PANAMAPET | ₹823 Cr | 18% | Mar 2026 |
| Privi Speciality Chemicals Ltd PRIVISCL | ₹722 Cr | 18% | Mar 2026 |
| Anupam Rasayan India Ltd ANURAS | ₹636 Cr | 27% | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | ₹604 Cr | -6.8% | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | ₹450 Cr | 15% | Mar 2026 |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | ₹424 Cr | -19% | Mar 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | ₹387 Cr | 0.3% | Mar 2026 |
| Fineotex Chemical Ltd FCL | ₹377 Cr | 175% | Jun 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | ₹355 Cr | 4.4% | Mar 2026 |
| Aether Industries Ltd AETHER | ₹305 Cr | 27% | Mar 2026 |
| Neogen Chemicals Ltd NEOGEN | ₹250 Cr | 34% | Jun 2026 |
| Clean Science & Technology Ltd CLEAN | ₹249 Cr | -5.7% | Mar 2026 |
| Yasho Industries Ltd YASHO | ₹246 Cr | 33% | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | ₹178 Cr | 42% | Mar 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | ₹167 Cr | 43% | Jun 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | ₹155 Cr | -6.6% | Mar 2026 |
| Transpek Industry Ltd TRANSPEK | ₹148 Cr | -10% | Mar 2026 |
| Platinum Industries Ltd PLATIND⚠ unverified | ₹132 Cr | 36% | Mar 2026 |
| Sunshield Chemicals Ltd 530845 | ₹110 Cr | 0.0% | Mar 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | ₹75 Cr | 37% | Mar 2026 |
| Amal Ltd AMAL | ₹63 Cr | 37% | Dec 2025 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | ₹55 Cr | 5.8% | Mar 2026 |
| Vikram Thermo (India) Ltd 530477 | ₹38 Cr | 39% | Mar 2026 |
| Kronox Lab Sciences Ltd KRONOX | ₹26 Cr | 0.0% | Mar 2026 |
Full 20-quarter history · every available company
Revenue · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹1.6K Cr
₹2.4K Cr
₹841 Cr
₹2.0K Cr
₹1.7K Cr
₹1.7K Cr
₹1.7K Cr
₹1.4K Cr
₹1.5K Cr
₹1.7K Cr
₹1.8K Cr
₹1.9K Cr
₹1.6K Cr
₹1.8K Cr
₹1.9K Cr
₹1.7K Cr
₹2.1K Cr
₹2.3K Cr
₹2.2K Cr
—
Aether Industries Ltd · AETHER
₹141 Cr
₹151 Cr
₹148 Cr
₹163 Cr
₹140 Cr
₹167 Cr
₹184 Cr
₹161 Cr
₹164 Cr
₹155 Cr
₹118 Cr
₹180 Cr
₹199 Cr
₹220 Cr
₹240 Cr
₹256 Cr
₹280 Cr
₹319 Cr
₹305 Cr
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹349 Cr
₹377 Cr
₹425 Cr
₹473 Cr
₹409 Cr
₹389 Cr
₹412 Cr
₹410 Cr
₹352 Cr
₹322 Cr
₹357 Cr
₹400 Cr
₹415 Cr
₹371 Cr
₹386 Cr
₹406 Cr
—
₹354 Cr
₹387 Cr
—
Anupam Rasayan India Ltd · ANURAS
—
—
—
—
₹393 Cr
₹392 Cr
₹480 Cr
₹386 Cr
₹392 Cr
₹296 Cr
₹401 Cr
₹254 Cr
₹294 Cr
₹390 Cr
₹500 Cr
₹486 Cr
₹731 Cr
₹512 Cr
₹636 Cr
—
Clean Science & Technology Ltd · CLEAN
₹153 Cr
₹181 Cr
₹205 Cr
₹234 Cr
₹248 Cr
₹237 Cr
₹217 Cr
₹188 Cr
₹181 Cr
₹195 Cr
₹228 Cr
₹224 Cr
₹238 Cr
₹241 Cr
₹264 Cr
₹243 Cr
₹245 Cr
₹220 Cr
₹249 Cr
—
Fineotex Chemical Ltd · FCL
₹78 Cr
₹105 Cr
₹121 Cr
₹136 Cr
₹134 Cr
₹109 Cr
₹138 Cr
₹132 Cr
₹145 Cr
₹138 Cr
₹153 Cr
₹142 Cr
₹146 Cr
₹126 Cr
₹120 Cr
₹137 Cr
₹138 Cr
₹184 Cr
₹314 Cr
₹377 Cr
Galaxy Surfactants Ltd · GALAXYSURF
₹877 Cr
₹929 Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.1K Cr
₹980 Cr
₹942 Cr
₹983 Cr
₹940 Cr
₹929 Cr
₹974 Cr
₹1.1K Cr
₹1.0K Cr
₹1.1K Cr
₹1.3K Cr
₹1.3K Cr
₹1.3K Cr
₹1.3K Cr
—
Neogen Chemicals Ltd · NEOGEN
₹113 Cr
₹133 Cr
₹157 Cr
₹148 Cr
₹148 Cr
₹186 Cr
₹204 Cr
₹165 Cr
₹162 Cr
₹164 Cr
₹200 Cr
₹180 Cr
₹193 Cr
₹201 Cr
₹203 Cr
₹187 Cr
₹209 Cr
₹220 Cr
₹247 Cr
₹250 Cr
Pidilite Industries Ltd · PIDILITIND
₹2.6K Cr
₹2.9K Cr
₹2.5K Cr
₹3.1K Cr
₹3.0K Cr
₹3.0K Cr
₹2.7K Cr
₹3.3K Cr
₹3.1K Cr
₹3.1K Cr
₹2.9K Cr
₹3.4K Cr
₹3.2K Cr
₹3.4K Cr
₹3.1K Cr
₹3.8K Cr
₹3.6K Cr
₹3.7K Cr
₹3.6K Cr
—
Privi Speciality Chemicals Ltd · PRIVISCL
—
—
—
—
—
₹420 Cr
₹399 Cr
₹409 Cr
₹455 Cr
₹404 Cr
₹484 Cr
₹464 Cr
₹533 Cr
₹491 Cr
₹614 Cr
₹559 Cr
₹679 Cr
₹605 Cr
₹722 Cr
—
Vinati Organics Ltd · VINATIORGA
₹374 Cr
₹369 Cr
₹486 Cr
₹506 Cr
₹566 Cr
₹517 Cr
₹519 Cr
₹439 Cr
₹463 Cr
₹448 Cr
₹550 Cr
₹525 Cr
₹553 Cr
₹522 Cr
₹648 Cr
₹542 Cr
₹550 Cr
₹531 Cr
₹604 Cr
—
Vishnu Chemicals Ltd · VISHNU
₹240 Cr
₹298 Cr
₹334 Cr
₹359 Cr
₹371 Cr
₹325 Cr
₹336 Cr
₹301 Cr
₹308 Cr
₹304 Cr
₹300 Cr
₹339 Cr
₹344 Cr
₹371 Cr
₹393 Cr
₹347 Cr
₹401 Cr
₹411 Cr
₹450 Cr
—
Revenue growth · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
—
—
—
50%
8.6%
-30%
97%
-28%
-14%
3.8%
7.1%
31%
12%
6.4%
9.9%
-9.5%
29%
26%
13%
—
Aether Industries Ltd · AETHER
—
—
—
8.7%
-0.7%
11%
24%
-1.2%
17%
-7.2%
-36%
12%
21%
42%
103%
42%
41%
45%
27%
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
—
—
11%
21%
17%
3.2%
-3.1%
-13%
-14%
-17%
-13%
-2.4%
18%
15%
8.1%
1.5%
—
-4.6%
0.3%
—
Anupam Rasayan India Ltd · ANURAS
—
—
—
—
—
—
—
—
-0.3%
-24%
-16%
-34%
-25%
32%
25%
91%
149%
31%
27%
—
Clean Science & Technology Ltd · CLEAN
—
—
—
60%
62%
31%
5.9%
-20%
-27%
-18%
5.1%
19%
31%
24%
16%
8.5%
2.9%
-8.7%
-5.7%
—
Fineotex Chemical Ltd · FCL
—
—
—
116%
72%
3.8%
14%
-2.9%
8.2%
27%
11%
7.6%
0.7%
-8.7%
-22%
-3.5%
-5.5%
46%
162%
175%
Galaxy Surfactants Ltd · GALAXYSURF
—
—
—
40%
40%
17%
-6.9%
-19%
-20%
-13%
-5.2%
3.4%
8.1%
11%
23%
31%
25%
28%
15%
—
Neogen Chemicals Ltd · NEOGEN
—
—
—
74%
31%
40%
30%
11%
9.5%
-12%
-2.0%
9.1%
19%
23%
1.5%
3.9%
8.3%
9.5%
22%
34%
Pidilite Industries Ltd · PIDILITIND
—
—
—
60%
15%
5.2%
7.3%
5.6%
2.2%
4.4%
7.9%
3.7%
5.2%
7.6%
8.2%
11%
9.9%
10%
14%
—
Privi Speciality Chemicals Ltd · PRIVISCL
—
—
—
—
—
—
—
—
—
-3.8%
21%
13%
17%
22%
27%
20%
27%
23%
18%
—
Vinati Organics Ltd · VINATIORGA
—
—
—
31%
51%
40%
6.8%
-13%
-18%
-13%
6.0%
20%
19%
17%
18%
3.2%
-0.5%
1.7%
-6.8%
—
Vishnu Chemicals Ltd · VISHNU
—
—
—
82%
55%
9.1%
0.6%
-16%
-17%
-6.5%
-11%
13%
12%
22%
31%
2.4%
17%
11%
15%
—
02 · compare level, then change
Operating Economics & Margin Trend
Clean Science & Technology Ltd has the highest OPM among the 27 Speciality Chemicals companies compared here, at 38%. Kronox Lab Sciences Ltd is next at 36.4%. Grauer & Weil (India) Ltd has the highest Margin change at +8 percentage points, so level and change sit with different companies. Its OPM series carries 19 reported observations across the 20-quarter window.
What the numbers say: Clean Science & Technology Ltd leads opm at 38%; Grauer & Weil (India) Ltd leads margin change at +8 percentage points.
LeaderClean Science & Technology Ltd · 38%
Gap4.4% versus #2 · Kronox Lab Sciences Ltd
Persistence1/8 recent comparable periods
Coverage27/27 companies · 503 observations
Investor read: Clean Science & Technology Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current margin change signal.
Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Clean Science & Technology Ltd CLEAN38%
2Kronox Lab Sciences Ltd KRONOX36%
3Vikram Thermo (India) Ltd 53047732%
4Paushak Ltd PAUSHAKLTD⚠ unverified30%
5Vinati Organics Ltd VINATIORGA28%
Margin changefastest expanders
1Grauer & Weil (India) Ltd GRAUWEIL+8.0 pp
2Vikram Thermo (India) Ltd 530477+7.1 pp
3Kronox Lab Sciences Ltd KRONOX+6.8 pp
4Sunshield Chemicals Ltd 530845+5.0 pp
5Platinum Industries Ltd PLATIND⚠ unverified+4.0 pp
Operating margin · company comparison
27/27 level · 27/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | OPM | Margin change | Reported |
|---|---|---|---|
| Clean Science & Technology Ltd CLEAN | 38% | −2.0 pp | Mar 2026 |
| Kronox Lab Sciences Ltd KRONOX | 36% | +6.8 pp | Mar 2026 |
| Vikram Thermo (India) Ltd 530477 | 32% | +7.1 pp | Mar 2026 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | 30% | 0.0 pp | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | 28% | 0.0 pp | Mar 2026 |
| Aether Industries Ltd AETHER | 27% | −6.0 pp | Mar 2026 |
| Privi Speciality Chemicals Ltd PRIVISCL | 25% | +3.0 pp | Mar 2026 |
| Pidilite Industries Ltd PIDILITIND | 23% | +3.0 pp | Mar 2026 |
| Anupam Rasayan India Ltd ANURAS | 22% | −7.0 pp | Mar 2026 |
| Neogen Chemicals Ltd NEOGEN | 19% | +2.0 pp | Jun 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | 19% | +4.0 pp | Jun 2026 |
| Yasho Industries Ltd YASHO | 18% | −1.0 pp | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | 17% | +1.0 pp | Mar 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | 17% | +8.0 pp | Mar 2026 |
| Fineotex Chemical Ltd FCL | 16% | −2.0 pp | Jun 2026 |
| Sunshield Chemicals Ltd 530845 | 15% | +5.0 pp | Mar 2026 |
| Aarti Industries Ltd AARTIIND | 15% | +2.0 pp | Mar 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | 15% | +2.0 pp | Mar 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | 15% | −0.1 pp | Mar 2026 |
| Amal Ltd AMAL | 13% | −31.6 pp | Dec 2025 |
| Platinum Industries Ltd PLATIND⚠ unverified | 12% | +4.0 pp | Mar 2026 |
| Transpek Industry Ltd TRANSPEK | 12% | −7.5 pp | Mar 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | 12% | +1.2 pp | Mar 2026 |
| Panama Petrochem Ltd PANAMAPET | 11% | +2.0 pp | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | 10.0% | −2.1 pp | Mar 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | 9.0% | −2.0 pp | Mar 2026 |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | 1.0% | −2.0 pp | Mar 2026 |
Full 20-quarter history · every available company
OPM · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
20%
43%
19%
18%
16%
17%
15%
14%
16%
15%
16%
16%
12%
13%
13%
13%
14%
14%
15%
—
Aether Industries Ltd · AETHER
29%
26%
29%
27%
26%
28%
32%
28%
28%
20%
9.0%
24%
27%
29%
33%
32%
31%
35%
27%
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
19%
16%
15%
22%
17%
15%
17%
15%
10%
13%
16%
15%
13%
14%
15%
15%
—
14%
15%
—
Anupam Rasayan India Ltd · ANURAS
26%
28%
32%
29%
28%
28%
24%
26%
27%
27%
23%
21%
27%
32%
29%
26%
19%
25%
22%
—
Clean Science & Technology Ltd · CLEAN
45%
42%
41%
39%
39%
46%
48%
40%
41%
44%
42%
42%
38%
41%
40%
41%
36%
33%
38%
—
Fineotex Chemical Ltd · FCL
19%
24%
18%
19%
19%
26%
24%
24%
26%
29%
25%
25%
25%
27%
18%
18%
23%
19%
14%
16%
Galaxy Surfactants Ltd · GALAXYSURF
8.1%
8.2%
14%
13%
11%
14%
14%
13%
13%
12%
11%
13%
12%
10%
11%
10%
8.0%
9.0%
9.0%
—
Neogen Chemicals Ltd · NEOGEN
18%
18%
17%
17%
16%
16%
16%
17%
16%
12%
18%
17%
18%
17%
18%
17%
14%
14%
18%
19%
Pidilite Industries Ltd · PIDILITIND
21%
19%
16%
17%
17%
17%
17%
22%
22%
24%
20%
24%
24%
24%
20%
25%
24%
24%
23%
—
Privi Speciality Chemicals Ltd · PRIVISCL
13%
13%
13%
15%
11%
12%
8.0%
13%
20%
22%
19%
20%
21%
23%
22%
24%
27%
25%
25%
—
Vinati Organics Ltd · VINATIORGA
27%
25%
29%
26%
26%
29%
28%
23%
23%
26%
27%
24%
24%
27%
28%
29%
30%
30%
28%
—
Vishnu Chemicals Ltd · VISHNU
14%
15%
15%
16%
16%
16%
18%
17%
15%
13%
21%
16%
13%
17%
16%
16%
15%
15%
17%
—
Margin change · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
−1.4 pp
+18.9 pp
−2.2 pp
−6.2 pp
−4.4 pp
−25.9 pp
−4.3 pp
−3.6 pp
+0.2 pp
−2.0 pp
+1.0 pp
+2.0 pp
−4.0 pp
−2.0 pp
−3.0 pp
−3.0 pp
+2.0 pp
+1.0 pp
+2.0 pp
—
Aether Industries Ltd · AETHER
—
—
−2.2 pp
−4.4 pp
−2.3 pp
+2.1 pp
+3.4 pp
+1.5 pp
+1.7 pp
−8.0 pp
−23.0 pp
−4.0 pp
−1.0 pp
+9.0 pp
+24.0 pp
+8.0 pp
+4.0 pp
+6.0 pp
−6.0 pp
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
—
—
−18.6 pp
−4.3 pp
−2.2 pp
−0.4 pp
+2.4 pp
−6.9 pp
−7.0 pp
−1.9 pp
−1.4 pp
+0.3 pp
+3.2 pp
+1.1 pp
−1.1 pp
−0.9 pp
—
−0.4 pp
−0.1 pp
—
Anupam Rasayan India Ltd · ANURAS
+5.5 pp
−0.8 pp
+9.2 pp
+2.7 pp
+2.3 pp
−0.2 pp
−8.3 pp
−2.7 pp
−1.0 pp
−1.0 pp
−1.0 pp
−5.0 pp
0.0 pp
+5.0 pp
+6.0 pp
+5.0 pp
−8.0 pp
−7.0 pp
−7.0 pp
—
Clean Science & Technology Ltd · CLEAN
−5.2 pp
−7.7 pp
−11.4 pp
−9.8 pp
−5.5 pp
+3.9 pp
+7.1 pp
+1.0 pp
+1.6 pp
−2.0 pp
−6.0 pp
+2.0 pp
−3.0 pp
−3.0 pp
−2.0 pp
−1.0 pp
−2.0 pp
−8.0 pp
−2.0 pp
—
Fineotex Chemical Ltd · FCL
+0.7 pp
+0.5 pp
+0.6 pp
+3.8 pp
−0.2 pp
+2.1 pp
+6.3 pp
+4.7 pp
+7.3 pp
+3.0 pp
+1.0 pp
+1.0 pp
−1.0 pp
−2.0 pp
−7.0 pp
−7.0 pp
−2.0 pp
−8.0 pp
−4.0 pp
−2.0 pp
Galaxy Surfactants Ltd · GALAXYSURF
−8.8 pp
−9.5 pp
−1.2 pp
−0.4 pp
+2.6 pp
+5.8 pp
+0.2 pp
+0.2 pp
+2.3 pp
−2.0 pp
−3.0 pp
0.0 pp
−1.0 pp
−2.0 pp
0.0 pp
−3.0 pp
−4.0 pp
−1.0 pp
−2.0 pp
—
Neogen Chemicals Ltd · NEOGEN
−0.7 pp
−1.9 pp
−3.0 pp
−1.8 pp
−1.8 pp
−1.8 pp
−1.0 pp
+0.3 pp
−0.4 pp
−4.2 pp
+2.0 pp
0.0 pp
+2.0 pp
+5.0 pp
0.0 pp
0.0 pp
−4.0 pp
−3.0 pp
0.0 pp
+2.0 pp
Pidilite Industries Ltd · PIDILITIND
−6.3 pp
−8.6 pp
−4.6 pp
−0.9 pp
−4.3 pp
−2.3 pp
+1.0 pp
+4.9 pp
+5.4 pp
+7.0 pp
+3.0 pp
+2.0 pp
+2.0 pp
0.0 pp
0.0 pp
+1.0 pp
0.0 pp
0.0 pp
+3.0 pp
—
Privi Speciality Chemicals Ltd · PRIVISCL
−0.3 pp
−1.7 pp
−7.9 pp
−2.6 pp
−1.8 pp
−0.6 pp
−4.6 pp
−2.1 pp
+9.2 pp
+10.0 pp
+11.0 pp
+7.0 pp
+1.0 pp
+1.0 pp
+3.0 pp
+4.0 pp
+6.0 pp
+2.0 pp
+3.0 pp
—
Vinati Organics Ltd · VINATIORGA
−11.3 pp
−7.1 pp
−6.9 pp
−0.4 pp
−0.8 pp
+3.9 pp
−0.6 pp
−2.9 pp
−3.2 pp
−3.0 pp
−1.0 pp
+1.0 pp
+1.0 pp
+1.0 pp
+1.0 pp
+5.0 pp
+6.0 pp
+3.0 pp
0.0 pp
—
Vishnu Chemicals Ltd · VISHNU
+2.9 pp
+3.5 pp
+3.8 pp
+2.6 pp
+2.1 pp
+1.1 pp
+2.6 pp
+0.8 pp
−0.8 pp
−3.0 pp
+3.0 pp
−1.0 pp
−2.0 pp
+4.0 pp
−5.0 pp
0.0 pp
+2.0 pp
−2.0 pp
+1.0 pp
—
03 · compare level, then change
Profit Scale & Acceleration
Pidilite Industries Ltd has the highest Net profit among the 27 Speciality Chemicals companies compared here, at ₹2,471 crore. Vinati Organics Ltd is next at ₹444 crore. Vikram Thermo (India) Ltd has the highest Profit growth at the 100% top of the scoring scale, so level and change sit with different companies.
What the numbers say: Pidilite Industries Ltd leads with ₹2,471 crore of TTM profit, 456.5% above Vinati Organics Ltd. Vikram Thermo (India) Ltd shows ≥100% on the scoring scale (446.1% uncapped) growth from a ₹39 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.
LeaderPidilite Industries Ltd · ₹2,471 crore
Gap456.5% versus #2 · Vinati Organics Ltd
Persistence8/8 recent comparable periods
Coverage27/27 companies · 449 observations
Investor read: Pidilite Industries Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current profit growth signal.
Net profit is the residual after operating costs, interest and tax. Growth off a loss or near-zero base is excluded from the fastest-grower rank.
Net profitlargest
1Pidilite Industries Ltd PIDILITIND₹2.5K Cr
2Vinati Organics Ltd VINATIORGA₹444 Cr
3Aarti Industries Ltd AARTIIND₹419 Cr
4Privi Speciality Chemicals Ltd PRIVISCL₹317 Cr
5Galaxy Surfactants Ltd GALAXYSURF₹266 Cr
Profit growthfastest growers
1Vikram Thermo (India) Ltd 530477100%
2Sunshield Chemicals Ltd 530845100%
3Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified100%
4Tatva Chintan Pharma Chem Ltd TATVA100%
5Yasho Industries Ltd YASHO100%
Net profit · company comparison
27/27 level · 26/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Net profit | Profit growth | Reported |
|---|---|---|---|
| Pidilite Industries Ltd PIDILITIND | ₹584 Cr | 36% | Mar 2026 |
| Aarti Industries Ltd AARTIIND | ₹137 Cr | 43% | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | ₹124 Cr | 0.8% | Mar 2026 |
| Privi Speciality Chemicals Ltd PRIVISCL | ₹94 Cr | 47% | Mar 2026 |
| Panama Petrochem Ltd PANAMAPET | ₹71 Cr | 61% | Mar 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | ₹62 Cr | -18% | Mar 2026 |
| Clean Science & Technology Ltd CLEAN | ₹58 Cr | -22% | Mar 2026 |
| Anupam Rasayan India Ltd ANURAS | ₹56 Cr | -11% | Mar 2026 |
| Aether Industries Ltd AETHER | ₹54 Cr | 8.0% | Mar 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | ₹50 Cr | 92% | Mar 2026 |
| Fineotex Chemical Ltd FCL | ₹48 Cr | 92% | Jun 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | ₹45 Cr | -2.2% | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | ₹43 Cr | 10% | Mar 2026 |
| Neogen Chemicals Ltd NEOGEN | ₹17 Cr | 70% | Jun 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | ₹16 Cr | 129% | Jun 2026 |
| Platinum Industries Ltd PLATIND⚠ unverified | ₹15 Cr | 150% | Mar 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | ₹15 Cr | 15% | Mar 2026 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | ₹13 Cr | 30% | Mar 2026 |
| Yasho Industries Ltd YASHO | ₹12 Cr | 140% | Mar 2026 |
| Sunshield Chemicals Ltd 530845 | ₹11 Cr | 83% | Mar 2026 |
| Vikram Thermo (India) Ltd 530477 | ₹9 Cr | 109% | Mar 2026 |
| Kronox Lab Sciences Ltd KRONOX | ₹8 Cr | 27% | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | ₹8 Cr | 18% | Mar 2026 |
| Transpek Industry Ltd TRANSPEK | ₹7 Cr | -66% | Mar 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | ₹6 Cr | 61% | Mar 2026 |
| Amal Ltd AMAL | ₹5 Cr | -70% | Dec 2025 |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | ₹-28 Cr | -760% | Mar 2026 |
Full 20-quarter history · every available company
Net profit · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹176 Cr
₹772 Cr
₹72 Cr
₹189 Cr
₹124 Cr
₹137 Cr
₹149 Cr
₹70 Cr
₹91 Cr
₹124 Cr
₹132 Cr
₹137 Cr
₹52 Cr
₹46 Cr
₹96 Cr
₹43 Cr
₹106 Cr
₹133 Cr
₹137 Cr
—
Aether Industries Ltd · AETHER
₹25 Cr
₹25 Cr
₹26 Cr
₹31 Cr
₹27 Cr
₹35 Cr
₹38 Cr
₹30 Cr
₹37 Cr
₹17 Cr
₹-1 Cr
₹30 Cr
₹35 Cr
₹43 Cr
₹50 Cr
₹47 Cr
₹54 Cr
₹64 Cr
₹54 Cr
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹54 Cr
₹46 Cr
₹46 Cr
₹82 Cr
₹52 Cr
₹46 Cr
₹49 Cr
₹50 Cr
₹27 Cr
₹33 Cr
₹38 Cr
₹49 Cr
₹47 Cr
₹44 Cr
₹46 Cr
₹49 Cr
—
₹42 Cr
₹45 Cr
—
Anupam Rasayan India Ltd · ANURAS
—
—
—
—
₹48 Cr
₹54 Cr
₹73 Cr
₹52 Cr
₹49 Cr
₹26 Cr
₹40 Cr
₹12 Cr
₹31 Cr
₹54 Cr
₹63 Cr
₹48 Cr
₹57 Cr
₹61 Cr
₹56 Cr
—
Clean Science & Technology Ltd · CLEAN
₹54 Cr
₹58 Cr
₹62 Cr
₹63 Cr
₹68 Cr
₹84 Cr
₹81 Cr
₹59 Cr
₹52 Cr
₹63 Cr
₹70 Cr
₹66 Cr
₹59 Cr
₹66 Cr
₹74 Cr
₹70 Cr
₹55 Cr
₹46 Cr
₹58 Cr
—
Fineotex Chemical Ltd · FCL
₹11 Cr
₹18 Cr
₹17 Cr
₹20 Cr
₹21 Cr
₹22 Cr
₹26 Cr
₹26 Cr
₹31 Cr
₹33 Cr
₹30 Cr
₹29 Cr
₹32 Cr
₹28 Cr
₹20 Cr
₹25 Cr
₹26 Cr
₹30 Cr
₹44 Cr
₹48 Cr
Galaxy Surfactants Ltd · GALAXYSURF
₹42 Cr
₹46 Cr
₹98 Cr
₹100 Cr
₹84 Cr
₹106 Cr
₹91 Cr
₹75 Cr
₹77 Cr
₹71 Cr
₹78 Cr
₹80 Cr
₹85 Cr
₹65 Cr
₹76 Cr
₹79 Cr
₹66 Cr
₹59 Cr
₹62 Cr
—
Neogen Chemicals Ltd · NEOGEN
₹11 Cr
₹10 Cr
₹16 Cr
₹11 Cr
₹10 Cr
₹15 Cr
₹14 Cr
₹10 Cr
₹8 Cr
₹1 Cr
₹17 Cr
₹11 Cr
₹11 Cr
₹10 Cr
₹2 Cr
₹10 Cr
₹3 Cr
₹4 Cr
₹11 Cr
₹17 Cr
Pidilite Industries Ltd · PIDILITIND
₹375 Cr
₹358 Cr
₹254 Cr
₹354 Cr
₹332 Cr
₹308 Cr
₹286 Cr
₹474 Cr
₹459 Cr
₹511 Cr
₹304 Cr
₹571 Cr
₹540 Cr
₹557 Cr
₹428 Cr
₹678 Cr
₹585 Cr
₹624 Cr
₹584 Cr
—
Privi Speciality Chemicals Ltd · PRIVISCL
—
—
—
—
—
₹6 Cr
₹-15 Cr
₹5 Cr
₹30 Cr
₹29 Cr
₹32 Cr
₹31 Cr
₹45 Cr
₹44 Cr
₹64 Cr
₹58 Cr
₹90 Cr
₹75 Cr
₹94 Cr
—
Vinati Organics Ltd · VINATIORGA
₹81 Cr
₹83 Cr
₹101 Cr
₹101 Cr
₹116 Cr
₹107 Cr
₹105 Cr
₹69 Cr
₹72 Cr
₹77 Cr
₹104 Cr
₹84 Cr
₹104 Cr
₹94 Cr
₹123 Cr
₹104 Cr
₹115 Cr
₹101 Cr
₹124 Cr
—
Vishnu Chemicals Ltd · VISHNU
₹17 Cr
₹25 Cr
₹29 Cr
₹34 Cr
₹35 Cr
₹32 Cr
₹36 Cr
₹29 Cr
₹24 Cr
₹21 Cr
₹28 Cr
₹30 Cr
₹23 Cr
₹34 Cr
₹39 Cr
₹32 Cr
₹33 Cr
₹34 Cr
₹43 Cr
—
Profit growth · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
—
—
—
15%
-30%
-82%
107%
-63%
-27%
-9.5%
-11%
96%
-43%
-63%
-27%
-69%
104%
189%
43%
—
Aether Industries Ltd · AETHER
—
—
—
-3.1%
8.0%
40%
46%
-3.2%
37%
-51%
-103%
0.0%
-5.4%
153%
—
57%
54%
49%
8.0%
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
—
—
-51%
3.8%
-3.7%
0.0%
6.5%
-39%
-48%
-28%
-22%
-2.0%
74%
33%
21%
0.0%
—
-4.6%
-2.2%
—
Anupam Rasayan India Ltd · ANURAS
—
—
—
—
—
—
—
—
2.1%
-52%
-45%
-77%
-37%
108%
58%
300%
84%
13%
-11%
—
Clean Science & Technology Ltd · CLEAN
—
—
—
15%
26%
45%
31%
-6.4%
-24%
-25%
-14%
12%
13%
4.8%
5.7%
6.1%
-6.8%
-30%
-22%
—
Fineotex Chemical Ltd · FCL
—
—
—
122%
91%
22%
53%
30%
48%
50%
15%
12%
3.2%
-15%
-33%
-14%
-19%
7.1%
120%
92%
Galaxy Surfactants Ltd · GALAXYSURF
—
—
—
30%
100%
130%
-7.1%
-25%
-8.3%
-33%
-14%
6.7%
10%
-8.5%
-2.6%
-1.3%
-22%
-9.2%
-18%
—
Neogen Chemicals Ltd · NEOGEN
—
—
—
57%
-9.1%
47%
-13%
-9.1%
-20%
-93%
21%
10%
38%
900%
-88%
-9.1%
-73%
-60%
450%
70%
Pidilite Industries Ltd · PIDILITIND
—
—
—
61%
-11%
-14%
13%
34%
38%
66%
6.3%
20%
18%
9.0%
41%
19%
8.3%
12%
36%
—
Privi Speciality Chemicals Ltd · PRIVISCL
—
—
—
—
—
—
—
—
—
383%
—
520%
50%
52%
100%
87%
100%
70%
47%
—
Vinati Organics Ltd · VINATIORGA
—
—
—
25%
43%
29%
4.0%
-32%
-38%
-28%
-1.0%
22%
44%
22%
18%
24%
11%
7.5%
0.8%
—
Vishnu Chemicals Ltd · VISHNU
—
—
—
183%
106%
28%
24%
-15%
-31%
-34%
-22%
3.5%
-4.2%
62%
39%
6.7%
43%
0.0%
10%
—
04 · compare level, then change
Capacity Spending & Returns On It
Aether Industries Ltd has the highest CAPEX among the 27 Speciality Chemicals companies compared here, at ₹162 crore. The same company also holds the highest CAPEX intensity, at 67.5%. 1 of 27 companies report a comparable reading, the latest through Mar 2026. Its CAPEX series carries 4 reported observations across the 20-quarter window.
What the numbers say: Aether Industries Ltd reports ₹162 crore of CAPEX; Aether Industries Ltd has the highest covered intensity at 67.5%. Coverage is only 1 of 27 companies and 4 reported observations, so this is partial evidence—not a complete sector rank.
LeaderAether Industries Ltd · ₹162 crore
GapNot enough peers
Persistence4/4 recent comparable periods
Coverage1/27 companies · 4 observations
Investor read: Use the CAPEX rank as a diligence queue. Verify commissioning, utilization, cash conversion and post-investment ROCE before treating spend as value creation.
This conclusion weakens if: CAPEX rises without higher utilization, operating cash flow or incremental returns.
CAPEX is cash spent on property, plant, equipment and other reported capital assets. CAPEX intensity divides that spend by revenue; high intensity is a reinvestment signal, not proof that the reinvestment will earn attractive returns.
CAPEXlargest spenders
1Aether Industries Ltd AETHER₹162 Cr
CAPEX intensityhighest reinvestment intensity
1Aether Industries Ltd AETHER68%
Capital expenditure · company comparison
1/27 level · 1/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Withheld from this chart: Anupam Rasayan India Ltd (ANURAS) — its two data sources disagree by up to 63% on reported income across 15 comparable periods, so its derived ratios are withheld; Privi Speciality Chemicals Ltd (PRIVISCL) — its two data sources disagree by up to 5.9% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | CAPEX | CAPEX intensity | Reported |
|---|---|---|---|
| Aether Industries Ltd AETHER | ₹162 Cr | 68% | Mar 2026 |
Full 20-quarter history · every available company
CAPEX · reported quarter history
Aether Industries Ltd · AETHER
—
₹45 Cr
₹72 Cr
—
—
—
—
—
—
—
—
—
—
₹138 Cr
₹162 Cr
—
—
—
—
—
CAPEX intensity · reported quarter history
Aether Industries Ltd · AETHER
—
30%
49%
—
—
—
—
—
—
—
—
—
—
63%
68%
—
—
—
—
—
Annual capital allocation · 10-year view
27/27 capacity base · 27/27 OCF · 27/27 CAPEX · 27/27 FCF
Capacity base is net fixed assets plus capital work in progress, straight off the reported balance sheet. It is not cash spent, so it answers a narrower question than CAPEX — but it is reported for companies whose cash-flow CAPEX is not published, which is why it leads here. Missing years remain blank; annual values are never relabelled as quarters.
Full annual capacity base, operating cash flow, CAPEX and free cash flow history
Capacity base · net fixed assets + CWIP · fiscal-year history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹2.0K Cr
₹2.4K Cr
₹2.9K Cr
₹3.9K Cr
₹4.9K Cr
₹4.9K Cr
₹6.0K Cr
₹6.9K Cr
₹7.8K Cr
₹8.6K Cr
Aether Industries Ltd · AETHER
—
—
—
—
—
₹315 Cr
₹683 Cr
₹1.1K Cr
₹1.5K Cr
₹2.0K Cr
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹255 Cr
₹373 Cr
₹419 Cr
₹468 Cr
—
—
—
—
—
—
Anupam Rasayan India Ltd · ANURAS
₹323 Cr
₹401 Cr
₹872 Cr
₹1.1K Cr
₹1.2K Cr
₹1.2K Cr
₹1.5K Cr
₹2.1K Cr
₹2.4K Cr
₹3.8K Cr
Clean Science & Technology Ltd · CLEAN
—
₹104 Cr
₹131 Cr
₹169 Cr
₹241 Cr
₹340 Cr
₹480 Cr
₹693 Cr
₹745 Cr
₹878 Cr
Fineotex Chemical Ltd · FCL
₹27 Cr
₹29 Cr
₹36 Cr
₹42 Cr
₹64 Cr
₹84 Cr
₹99 Cr
₹141 Cr
₹200 Cr
₹280 Cr
Galaxy Surfactants Ltd · GALAXYSURF
₹466 Cr
₹472 Cr
₹602 Cr
₹814 Cr
₹836 Cr
₹965 Cr
₹1.1K Cr
₹1.1K Cr
₹1.3K Cr
₹1.4K Cr
Neogen Chemicals Ltd · NEOGEN
₹57 Cr
₹68 Cr
₹83 Cr
₹114 Cr
₹242 Cr
₹296 Cr
₹383 Cr
₹605 Cr
₹560 Cr
₹1.3K Cr
Pidilite Industries Ltd · PIDILITIND
₹1.4K Cr
₹1.6K Cr
₹1.7K Cr
₹2.1K Cr
₹4.7K Cr
₹4.9K Cr
₹5.3K Cr
₹5.6K Cr
₹5.8K Cr
₹6.1K Cr
Privi Speciality Chemicals Ltd · PRIVISCL
₹412 Cr
₹486 Cr
₹593 Cr
₹765 Cr
₹773 Cr
₹1.1K Cr
₹1.1K Cr
₹1.1K Cr
₹1.3K Cr
₹1.5K Cr
Vinati Organics Ltd · VINATIORGA
—
—
—
₹782 Cr
₹813 Cr
₹924 Cr
₹1.4K Cr
₹1.7K Cr
₹2.2K Cr
₹2.3K Cr
Vishnu Chemicals Ltd · VISHNU
₹352 Cr
₹366 Cr
₹369 Cr
₹374 Cr
₹411 Cr
₹468 Cr
₹563 Cr
₹651 Cr
₹771 Cr
₹995 Cr
Operating cash flow · fiscal-year history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹470 Cr
₹335 Cr
₹736 Cr
₹1.1K Cr
₹873 Cr
₹519 Cr
₹1.3K Cr
₹1.2K Cr
₹1.2K Cr
₹775 Cr
Aether Industries Ltd · AETHER
—
—
—
—
—
₹-5 Cr
₹-7 Cr
₹-16 Cr
₹100 Cr
₹142 Cr
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹63 Cr
₹102 Cr
₹144 Cr
₹188 Cr
—
₹205 Cr
₹248 Cr
₹275 Cr
₹263 Cr
₹239 Cr
Anupam Rasayan India Ltd · ANURAS
₹69 Cr
₹17 Cr
₹39 Cr
₹95 Cr
₹1 Cr
₹-171 Cr
₹292 Cr
₹59 Cr
₹-30 Cr
₹334 Cr
Clean Science & Technology Ltd · CLEAN
—
₹45 Cr
₹85 Cr
₹160 Cr
₹193 Cr
₹127 Cr
₹279 Cr
₹236 Cr
₹214 Cr
₹275 Cr
Fineotex Chemical Ltd · FCL
₹19 Cr
₹6 Cr
₹12 Cr
₹28 Cr
₹9 Cr
₹13 Cr
₹107 Cr
₹97 Cr
₹69 Cr
₹-24 Cr
Galaxy Surfactants Ltd · GALAXYSURF
₹111 Cr
₹145 Cr
₹283 Cr
₹316 Cr
₹365 Cr
₹5 Cr
₹573 Cr
₹518 Cr
₹421 Cr
₹333 Cr
Neogen Chemicals Ltd · NEOGEN
₹0 Cr
₹12 Cr
₹-4 Cr
₹-35 Cr
₹84 Cr
₹1 Cr
₹-30 Cr
₹-29 Cr
₹196 Cr
₹-231 Cr
Pidilite Industries Ltd · PIDILITIND
₹794 Cr
₹796 Cr
₹845 Cr
₹1.3K Cr
₹1.4K Cr
₹955 Cr
₹1.6K Cr
₹2.7K Cr
₹2.3K Cr
₹2.8K Cr
Privi Speciality Chemicals Ltd · PRIVISCL
₹17 Cr
₹107 Cr
₹21 Cr
₹247 Cr
₹172 Cr
₹5 Cr
₹49 Cr
₹354 Cr
₹281 Cr
₹550 Cr
Vinati Organics Ltd · VINATIORGA
—
—
—
₹416 Cr
₹219 Cr
₹127 Cr
₹515 Cr
₹332 Cr
₹458 Cr
₹558 Cr
Vishnu Chemicals Ltd · VISHNU
₹73 Cr
₹89 Cr
₹100 Cr
₹49 Cr
₹67 Cr
₹90 Cr
₹134 Cr
₹68 Cr
₹90 Cr
₹127 Cr
CAPEX · reported cash flow · fiscal-year history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹531 Cr
₹613 Cr
₹671 Cr
₹1.1K Cr
₹1.2K Cr
₹296 Cr
₹1.3K Cr
₹1.3K Cr
₹1.4K Cr
₹1.2K Cr
Aether Industries Ltd · AETHER
—
—
—
—
—
—
₹391 Cr
₹442 Cr
₹440 Cr
₹598 Cr
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹66 Cr
₹134 Cr
₹69 Cr
₹76 Cr
—
—
—
—
—
—
Anupam Rasayan India Ltd · ANURAS
₹170 Cr
₹93 Cr
₹494 Cr
₹235 Cr
₹132 Cr
₹148 Cr
₹362 Cr
₹653 Cr
₹393 Cr
₹1.6K Cr
Clean Science & Technology Ltd · CLEAN
—
—
₹38 Cr
₹52 Cr
₹89 Cr
₹124 Cr
₹176 Cr
₹259 Cr
₹121 Cr
₹211 Cr
Fineotex Chemical Ltd · FCL
₹9 Cr
₹3 Cr
₹8 Cr
₹7 Cr
₹23 Cr
₹23 Cr
₹19 Cr
₹48 Cr
₹68 Cr
₹93 Cr
Galaxy Surfactants Ltd · GALAXYSURF
₹26 Cr
₹55 Cr
₹181 Cr
₹274 Cr
₹96 Cr
₹200 Cr
₹180 Cr
₹169 Cr
₹271 Cr
₹186 Cr
Neogen Chemicals Ltd · NEOGEN
₹40 Cr
₹13 Cr
₹18 Cr
₹36 Cr
₹135 Cr
₹66 Cr
₹103 Cr
₹245 Cr
₹-17 Cr
₹800 Cr
Pidilite Industries Ltd · PIDILITIND
₹243 Cr
₹267 Cr
₹253 Cr
₹546 Cr
₹2.8K Cr
₹456 Cr
₹662 Cr
₹620 Cr
₹593 Cr
₹664 Cr
Privi Speciality Chemicals Ltd · PRIVISCL
—
₹117 Cr
₹154 Cr
₹235 Cr
₹79 Cr
₹379 Cr
₹148 Cr
₹139 Cr
₹296 Cr
₹330 Cr
Vinati Organics Ltd · VINATIORGA
—
—
—
—
₹74 Cr
₹156 Cr
₹536 Cr
₹410 Cr
₹513 Cr
₹285 Cr
Vishnu Chemicals Ltd · VISHNU
₹100 Cr
₹33 Cr
₹24 Cr
₹25 Cr
₹57 Cr
₹80 Cr
₹121 Cr
₹122 Cr
₹158 Cr
₹265 Cr
Free cash flow · fiscal-year history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹-61 Cr
₹-278 Cr
₹65 Cr
₹-27 Cr
₹-363 Cr
₹223 Cr
₹-7 Cr
₹-89 Cr
₹-145 Cr
₹-454 Cr
Aether Industries Ltd · AETHER
—
—
—
—
—
—
₹-398 Cr
₹-458 Cr
₹-340 Cr
₹-456 Cr
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹-3 Cr
₹-32 Cr
₹75 Cr
₹112 Cr
—
—
—
—
—
—
Anupam Rasayan India Ltd · ANURAS
₹-101 Cr
₹-76 Cr
₹-455 Cr
₹-140 Cr
₹-131 Cr
₹-319 Cr
₹-70 Cr
₹-594 Cr
₹-423 Cr
₹-1.2K Cr
Clean Science & Technology Ltd · CLEAN
—
—
₹47 Cr
₹108 Cr
₹104 Cr
₹3 Cr
₹103 Cr
₹-23 Cr
₹93 Cr
₹64 Cr
Fineotex Chemical Ltd · FCL
₹10 Cr
₹3 Cr
₹4 Cr
₹21 Cr
₹-14 Cr
₹-10 Cr
₹88 Cr
₹49 Cr
₹1 Cr
₹-117 Cr
Galaxy Surfactants Ltd · GALAXYSURF
₹85 Cr
₹90 Cr
₹102 Cr
₹42 Cr
₹269 Cr
₹-195 Cr
₹393 Cr
₹349 Cr
₹150 Cr
₹147 Cr
Neogen Chemicals Ltd · NEOGEN
₹-40 Cr
₹-1 Cr
₹-22 Cr
₹-71 Cr
₹-51 Cr
₹-65 Cr
₹-133 Cr
₹-274 Cr
₹213 Cr
₹-1.0K Cr
Pidilite Industries Ltd · PIDILITIND
₹551 Cr
₹529 Cr
₹592 Cr
₹734 Cr
₹-1.5K Cr
₹499 Cr
₹896 Cr
₹2.1K Cr
₹1.7K Cr
₹2.2K Cr
Privi Speciality Chemicals Ltd · PRIVISCL
—
₹-10 Cr
₹-133 Cr
₹12 Cr
₹93 Cr
₹-374 Cr
₹-99 Cr
₹215 Cr
₹-15 Cr
₹220 Cr
Vinati Organics Ltd · VINATIORGA
—
—
—
—
₹145 Cr
₹-29 Cr
₹-21 Cr
₹-78 Cr
₹-55 Cr
₹273 Cr
Vishnu Chemicals Ltd · VISHNU
₹-27 Cr
₹56 Cr
₹76 Cr
₹24 Cr
₹10 Cr
₹10 Cr
₹13 Cr
₹-54 Cr
₹-68 Cr
₹-138 Cr
05 · compare level, then change
Debt Load & Balance-Sheet Headroom
Sunshield Chemicals Ltd has the lowest Gross debt among the 27 Speciality Chemicals companies compared here, at ₹0 crore. Pidilite Industries Ltd has the lowest Net debt at ₹3,799 crore net cash, so level and change sit with different companies. 27 of 27 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Pidilite Industries Ltd has the clearest covered balance-sheet capacity with ₹3,799 crore net cash and gross debt of ₹417 crore. Absolute debt alone does not identify the strongest balance sheet because company scale differs; net debt and debt-to-equity carry more information.
LeaderSunshield Chemicals Ltd · ₹0 crore
Gapnull versus #2 · Amal Ltd
PersistenceNot enough history
Coverage27/27 companies · 400 observations
Investor read: Prioritize net-cash capacity and leverage relative to operating scale, not the smallest absolute rupee debt.
This conclusion weakens if: Net debt rises faster than revenue and profit for two consecutive reported periods.
Gross debt shows contractual borrowings. Net debt subtracts reported cash; a negative value means net cash. Lower debt can create capacity, but should be read against the scale and capital intensity of the business.
Gross debtlowest gross debt
1Sunshield Chemicals Ltd 530845₹0 Cr
2Amal Ltd AMAL · older report₹0 Cr
3Vinati Organics Ltd VINATIORGA₹0 Cr
4Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified₹1 Cr
5Clean Science & Technology Ltd CLEAN₹2 Cr
Net debtlowest net debt
1Pidilite Industries Ltd PIDILITIND₹-3.8K Cr
2Galaxy Surfactants Ltd GALAXYSURF₹-512 Cr
3Grauer & Weil (India) Ltd GRAUWEIL₹-440 Cr
4Clean Science & Technology Ltd CLEAN₹-373 Cr
5Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified₹-250 Cr
Debt and balance-sheet capacity · company comparison
27/27 level · 20/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Gross debt | Net debt | Reported |
|---|---|---|---|
| Aarti Industries Ltd AARTIIND | ₹5.0K Cr | ₹4.4K Cr | Mar 2026 |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | ₹2.2K Cr | ₹2.1K Cr | Mar 2026 |
| Anupam Rasayan India Ltd ANURAS | ₹1.9K Cr | — | Mar 2026 |
| Neogen Chemicals Ltd NEOGEN | ₹1.4K Cr | ₹1.4K Cr | Jun 2026 |
| Privi Speciality Chemicals Ltd PRIVISCL | ₹1.0K Cr | — | Mar 2026 |
| Yasho Industries Ltd YASHO | ₹558 Cr | ₹554 Cr | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | ₹527 Cr | ₹427 Cr | Mar 2026 |
| Aether Industries Ltd AETHER | ₹458 Cr | ₹452 Cr | Mar 2026 |
| Pidilite Industries Ltd PIDILITIND | ₹417 Cr | ₹-3.8K Cr | Mar 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | ₹235 Cr | ₹-512 Cr | Mar 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | ₹120 Cr | ₹111 Cr | Jun 2026 |
| Panama Petrochem Ltd PANAMAPET | ₹111 Cr | ₹29 Cr | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | ₹87 Cr | ₹83 Cr | Mar 2026 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | ₹77 Cr | ₹50 Cr | Mar 2026 |
| Transpek Industry Ltd TRANSPEK | ₹60 Cr | — | Mar 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | ₹53 Cr | ₹-143 Cr | Mar 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | ₹27 Cr | ₹-26 Cr | Mar 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | ₹15 Cr | ₹-440 Cr | Mar 2026 |
| Platinum Industries Ltd PLATIND⚠ unverified | ₹10 Cr | ₹-133 Cr | Mar 2026 |
| Fineotex Chemical Ltd FCL | ₹8 Cr | ₹-65 Cr | Jun 2026 |
| Vikram Thermo (India) Ltd 530477 | ₹5 Cr | — | Mar 2026 |
| Clean Science & Technology Ltd CLEAN | ₹2 Cr | ₹-373 Cr | Mar 2026 |
| Kronox Lab Sciences Ltd KRONOX | ₹2 Cr | — | Mar 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | ₹1 Cr | ₹-250 Cr | Mar 2026 |
| Sunshield Chemicals Ltd 530845 | ₹0 Cr | — | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | ₹0 Cr | ₹49 Cr | Mar 2026 |
| Amal Ltd AMAL | ₹0 Cr | — | Dec 2025 |
Full 20-quarter history · every available company
Gross debt · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹2.0K Cr
₹2.0K Cr
₹2.6K Cr
₹2.2K Cr
₹3.2K Cr
₹3.2K Cr
₹2.9K Cr
₹2.9K Cr
₹3.2K Cr
₹3.2K Cr
₹3.6K Cr
₹3.2K Cr
₹3.9K Cr
₹3.9K Cr
₹3.8K Cr
₹3.8K Cr
₹4.0K Cr
₹4.0K Cr
₹5.0K Cr
—
Aether Industries Ltd · AETHER
₹228 Cr
₹241 Cr
₹291 Cr
₹291 Cr
₹33 Cr
₹33 Cr
₹16 Cr
₹16 Cr
₹17 Cr
₹17 Cr
₹183 Cr
₹183 Cr
₹216 Cr
₹227 Cr
₹200 Cr
₹200 Cr
₹215 Cr
₹215 Cr
₹458 Cr
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹36 Cr
₹36 Cr
₹23 Cr
₹23 Cr
₹66 Cr
₹66 Cr
₹88 Cr
₹88 Cr
₹94 Cr
₹94 Cr
₹3 Cr
₹3 Cr
₹2 Cr
₹2 Cr
₹6 Cr
₹6 Cr
—
—
₹1 Cr
—
Anupam Rasayan India Ltd · ANURAS
—
—
₹836 Cr
—
—
—
₹822 Cr
—
—
—
₹1.1K Cr
—
—
—
₹1.4K Cr
—
₹1.2K Cr
—
₹1.9K Cr
—
Clean Science & Technology Ltd · CLEAN
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹1 Cr
₹1 Cr
₹2 Cr
₹2 Cr
₹3 Cr
₹3 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
₹2 Cr
—
Fineotex Chemical Ltd · FCL
₹8 Cr
₹8 Cr
₹2 Cr
₹2 Cr
₹0 Cr
₹0 Cr
₹7 Cr
₹7 Cr
₹2 Cr
₹2 Cr
₹5 Cr
₹5 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹8 Cr
—
Galaxy Surfactants Ltd · GALAXYSURF
₹413 Cr
₹413 Cr
₹421 Cr
₹421 Cr
₹470 Cr
₹470 Cr
₹327 Cr
₹327 Cr
₹243 Cr
₹243 Cr
₹187 Cr
₹187 Cr
₹149 Cr
₹149 Cr
₹210 Cr
₹210 Cr
₹268 Cr
₹268 Cr
₹235 Cr
—
Neogen Chemicals Ltd · NEOGEN
₹269 Cr
₹269 Cr
₹229 Cr
₹202 Cr
₹281 Cr
₹281 Cr
₹370 Cr
₹370 Cr
₹479 Cr
₹479 Cr
₹409 Cr
₹409 Cr
₹534 Cr
₹534 Cr
₹597 Cr
₹597 Cr
₹1.1K Cr
₹1.1K Cr
₹1.4K Cr
—
Pidilite Industries Ltd · PIDILITIND
₹763 Cr
₹763 Cr
₹416 Cr
₹416 Cr
₹680 Cr
₹680 Cr
₹391 Cr
₹391 Cr
₹416 Cr
₹416 Cr
₹382 Cr
₹382 Cr
₹379 Cr
₹379 Cr
₹454 Cr
₹454 Cr
₹443 Cr
₹443 Cr
₹417 Cr
—
Privi Speciality Chemicals Ltd · PRIVISCL
—
—
₹933 Cr
—
—
—
₹1.1K Cr
—
—
—
₹1.0K Cr
—
—
—
₹1.1K Cr
—
₹1.1K Cr
—
₹1.0K Cr
—
Vinati Organics Ltd · VINATIORGA
₹0 Cr
₹0 Cr
₹18 Cr
₹18 Cr
₹1 Cr
₹1 Cr
₹35 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹5 Cr
₹5 Cr
₹8 Cr
₹8 Cr
₹63 Cr
₹63 Cr
₹0 Cr
—
₹0 Cr
—
Vishnu Chemicals Ltd · VISHNU
₹305 Cr
₹305 Cr
₹365 Cr
₹365 Cr
₹361 Cr
₹361 Cr
₹379 Cr
₹379 Cr
₹316 Cr
₹316 Cr
₹315 Cr
₹315 Cr
₹342 Cr
₹342 Cr
₹342 Cr
₹342 Cr
₹418 Cr
₹418 Cr
₹527 Cr
—
Net debt · reported quarter history
Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
₹1.6K Cr
₹1.6K Cr
₹2.5K Cr
₹2.0K Cr
₹3.0K Cr
₹3.0K Cr
₹2.7K Cr
₹2.7K Cr
₹2.8K Cr
₹2.8K Cr
₹3.1K Cr
₹3.1K Cr
₹3.6K Cr
₹3.6K Cr
₹3.6K Cr
₹3.6K Cr
₹3.8K Cr
₹3.8K Cr
₹4.4K Cr
—
Aether Industries Ltd · AETHER
₹222 Cr
₹176 Cr
₹258 Cr
₹258 Cr
₹-255 Cr
₹-255 Cr
₹-85 Cr
₹-85 Cr
₹-182 Cr
₹-182 Cr
₹-371 Cr
₹-373 Cr
₹-292 Cr
₹-178 Cr
₹-39 Cr
₹-40 Cr
₹159 Cr
₹159 Cr
₹452 Cr
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
₹-105 Cr
₹-105 Cr
₹-39 Cr
₹-39 Cr
₹44 Cr
₹44 Cr
₹71 Cr
₹71 Cr
₹79 Cr
₹79 Cr
₹-27 Cr
₹-27 Cr
₹-132 Cr
₹-132 Cr
₹-197 Cr
₹-197 Cr
—
—
₹-250 Cr
—
Clean Science & Technology Ltd · CLEAN
₹-274 Cr
₹-274 Cr
₹-297 Cr
₹-297 Cr
₹-324 Cr
₹-324 Cr
₹-338 Cr
₹-338 Cr
₹-292 Cr
₹-292 Cr
₹-311 Cr
₹-311 Cr
₹-332 Cr
₹-332 Cr
₹-362 Cr
₹-362 Cr
₹-381 Cr
₹-381 Cr
₹-373 Cr
—
Fineotex Chemical Ltd · FCL
₹-24 Cr
₹-24 Cr
₹-29 Cr
₹-29 Cr
₹-40 Cr
₹-40 Cr
₹-43 Cr
₹-53 Cr
₹-49 Cr
₹-49 Cr
₹-68 Cr
₹-74 Cr
₹-56 Cr
₹-56 Cr
₹-33 Cr
₹-42 Cr
₹-64 Cr
₹-64 Cr
₹-65 Cr
—
Galaxy Surfactants Ltd · GALAXYSURF
₹287 Cr
₹287 Cr
₹352 Cr
₹352 Cr
₹400 Cr
₹400 Cr
₹80 Cr
₹80 Cr
₹-62 Cr
₹-62 Cr
₹-251 Cr
₹-251 Cr
₹-296 Cr
₹-296 Cr
₹-290 Cr
₹-290 Cr
₹-384 Cr
₹-384 Cr
₹-512 Cr
—
Neogen Chemicals Ltd · NEOGEN
₹267 Cr
₹267 Cr
₹115 Cr
₹76 Cr
₹237 Cr
₹237 Cr
₹273 Cr
₹273 Cr
₹437 Cr
₹437 Cr
₹397 Cr
₹397 Cr
₹504 Cr
₹504 Cr
₹592 Cr
₹592 Cr
₹980 Cr
₹980 Cr
₹1.4K Cr
—
Pidilite Industries Ltd · PIDILITIND
₹210 Cr
₹210 Cr
₹-110 Cr
₹-110 Cr
₹310 Cr
₹310 Cr
₹-464 Cr
₹-464 Cr
₹-923 Cr
₹-923 Cr
₹-2.0K Cr
₹-2.0K Cr
₹-2.2K Cr
₹-2.2K Cr
₹-3.0K Cr
₹-3.0K Cr
₹-2.7K Cr
₹-2.7K Cr
₹-3.8K Cr
—
Tatva Chintan Pharma Chem Ltd · TATVA
₹-105 Cr
₹-105 Cr
₹56 Cr
₹-57 Cr
₹51 Cr
₹51 Cr
₹129 Cr
₹125 Cr
₹-83 Cr
₹-83 Cr
₹-32 Cr
₹-34 Cr
₹0 Cr
₹0 Cr
₹24 Cr
₹22 Cr
₹66 Cr
₹66 Cr
₹111 Cr
₹111 Cr
Vinati Organics Ltd · VINATIORGA
₹-76 Cr
₹-76 Cr
₹16 Cr
₹14 Cr
₹-68 Cr
₹-68 Cr
₹-168 Cr
₹-206 Cr
₹-223 Cr
₹-223 Cr
₹-28 Cr
₹-33 Cr
₹-51 Cr
₹-51 Cr
₹52 Cr
₹49 Cr
—
—
—
—
Vishnu Chemicals Ltd · VISHNU
₹293 Cr
₹293 Cr
₹362 Cr
₹362 Cr
₹340 Cr
₹340 Cr
₹358 Cr
₹358 Cr
₹237 Cr
₹237 Cr
₹301 Cr
₹253 Cr
₹242 Cr
₹242 Cr
₹339 Cr
₹339 Cr
₹268 Cr
₹268 Cr
₹427 Cr
—
Yasho Industries Ltd · YASHO
₹163 Cr
₹163 Cr
₹179 Cr
₹179 Cr
₹197 Cr
₹197 Cr
₹323 Cr
₹323 Cr
₹469 Cr
₹469 Cr
₹579 Cr
₹579 Cr
₹616 Cr
₹616 Cr
₹570 Cr
₹555 Cr
₹574 Cr
₹574 Cr
₹554 Cr
—
06 · compare level, then change
Return On Capital Employed
Alkyl Amines Chemicals Ltd has the highest ROCE among the 27 Speciality Chemicals companies compared here, at 41.3%. Vikram Thermo (India) Ltd is next at 36.4%. Amal Ltd has the highest ROCE change at +29 percentage points, so level and change sit with different companies. 27 of 27 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Alkyl Amines Chemicals Ltd leads ROCE at 41.3%, 4.9 percentage points above Vikram Thermo (India) Ltd. Amal Ltd has the strongest latest improvement at +29 percentage points. Read the leader beside the density of its reported history: a sparse high return is a candidate; a repeated high return is evidence of durability.
LeaderAlkyl Amines Chemicals Ltd · 41.3%
Gap13.5% versus #2 · Vikram Thermo (India) Ltd
Persistence1/7 recent comparable periods
Coverage27/27 companies · 295 observations
Investor read: Alkyl Amines Chemicals Ltd sets the level benchmark; use the change leader as an inflection watch only after another comparable report confirms it.
This conclusion weakens if: The next two comparable reports reverse the current roce change signal.
ROCE asks how much operating return the business earns on the capital employed. Direction matters, but a single exceptional year should not be mistaken for durability.
ROCEhighest
1Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified41%
2Vikram Thermo (India) Ltd 53047736%
3Amal Ltd AMAL · older report36%
4Kronox Lab Sciences Ltd KRONOX36%
5Pidilite Industries Ltd PIDILITIND31%
ROCE changefastest improvers
1Amal Ltd AMAL · older report+29.0 pp
2Tatva Chintan Pharma Chem Ltd TATVA+8.3 pp
3Privi Speciality Chemicals Ltd PRIVISCL+6.0 pp
4Sunshield Chemicals Ltd 530845+5.0 pp
5Aether Industries Ltd AETHER+3.0 pp
Return on capital · company comparison
27/27 level · 27/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
Withheld from this chart: Anupam Rasayan India Ltd (ANURAS) — its two data sources disagree by up to 63% on reported income across 15 comparable periods, so its derived ratios are withheld; Privi Speciality Chemicals Ltd (PRIVISCL) — its two data sources disagree by up to 5.9% on reported income across 14 comparable periods, so its derived ratios are withheld. A figure two sources cannot agree on is not drawn — the gap is a decision, not missing data.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | ROCE | ROCE change | Reported |
|---|---|---|---|
| Pidilite Industries Ltd PIDILITIND | 27% | +1.6 pp | Mar 2026 |
| Panama Petrochem Ltd PANAMAPET | 18% | −1.1 pp | Mar 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | 17% | −5.5 pp | Mar 2026 |
| Clean Science & Technology Ltd CLEAN | 17% | −4.8 pp | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | 17% | +1.4 pp | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | 16% | −0.6 pp | Mar 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | 15% | −2.0 pp | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | 15% | −2.1 pp | Mar 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | 13% | −1.6 pp | Mar 2026 |
| Fineotex Chemical Ltd FCL | 13% | −3.2 pp | Jun 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | 12% | −2.8 pp | Mar 2026 |
| Platinum Industries Ltd PLATIND⚠ unverified | 12% | −1.6 pp | Mar 2026 |
| Aether Industries Ltd AETHER | 12% | +3.0 pp | Mar 2026 |
| Yasho Industries Ltd YASHO | 11% | +2.6 pp | Mar 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | 9.7% | +8.3 pp | Jun 2026 |
| Aarti Industries Ltd AARTIIND | 8.4% | +1.0 pp | Mar 2026 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | 6.7% | −1.9 pp | Mar 2026 |
| Neogen Chemicals Ltd NEOGEN | 6.4% | −4.3 pp | Jun 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | 3.8% | −0.6 pp | Mar 2026 |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | -3.2% | −2.9 pp | Mar 2026 |
Full 20-quarter history · every available company
ROCE · reported quarter history
Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
14%
—
26%
—
25%
—
15%
—
9.4%
9.4%
8.6%
11%
8.8%
8.8%
7.4%
6.5%
7.0%
8.4%
8.4%
—
Aether Industries Ltd · AETHER
40%
31%
29%
—
12%
—
13%
—
8.1%
10%
4.4%
7.2%
4.5%
5.9%
8.6%
11%
11%
13%
12%
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
44%
—
28%
—
26%
—
25%
—
18%
—
15%
—
15%
—
15%
—
—
—
13%
—
Clean Science & Technology Ltd · CLEAN
38%
—
35%
—
36%
—
35%
—
29%
34%
23%
30%
23%
29%
22%
27%
21%
23%
17%
—
Fineotex Chemical Ltd · FCL
22%
—
26%
—
31%
—
30%
—
31%
42%
31%
40%
20%
28%
16%
22%
13%
17%
13%
—
Galaxy Surfactants Ltd · GALAXYSURF
22%
—
19%
—
22%
—
24%
—
20%
20%
16%
18%
15%
17%
15%
17%
13%
15%
12%
—
Neogen Chemicals Ltd · NEOGEN
18%
—
13%
—
14%
—
15%
—
14%
15%
9.3%
12%
9.8%
14%
11%
10%
7.2%
7.8%
6.4%
—
Pidilite Industries Ltd · PIDILITIND
27%
—
23%
—
24%
—
22%
—
25%
30%
26%
29%
27%
30%
25%
30%
27%
32%
27%
—
Tatva Chintan Pharma Chem Ltd · TATVA
22%
—
21%
—
14%
—
10%
—
7.9%
7.5%
5.9%
6.4%
2.7%
2.7%
0.9%
1.4%
3.1%
5.9%
7.1%
9.7%
Vinati Organics Ltd · VINATIORGA
19%
—
20%
—
22%
—
22%
—
19%
19%
16%
18%
16%
20%
17%
20%
18%
20%
16%
—
Vishnu Chemicals Ltd · VISHNU
17%
—
24%
—
31%
—
30%
—
21%
25%
19%
23%
18%
22%
17%
20%
15%
20%
15%
—
Yasho Industries Ltd · YASHO
34%
—
30%
—
32%
—
22%
—
14%
21%
12%
14%
11%
12%
8.7%
11%
11%
12%
11%
—
ROCE change · reported quarter history
Showing the 12 largest of 20 companies with a series here. The remaining 8 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
—
—
—
—
+11.2 pp
—
−11.2 pp
—
−15.5 pp
—
−6.1 pp
—
−0.6 pp
−0.6 pp
−1.2 pp
−4.5 pp
−1.8 pp
−0.4 pp
+1.0 pp
—
Aether Industries Ltd · AETHER
—
—
—
—
−28.4 pp
—
−15.9 pp
—
−3.7 pp
—
−8.7 pp
—
−3.6 pp
−4.2 pp
+4.2 pp
+4.2 pp
+6.3 pp
+7.2 pp
+3.0 pp
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
—
—
—
—
−17.5 pp
—
−3.5 pp
—
−8.2 pp
—
−10.0 pp
—
−2.9 pp
—
+0.2 pp
—
—
—
−1.6 pp
—
Clean Science & Technology Ltd · CLEAN
—
—
—
—
−1.8 pp
—
+0.5 pp
—
−7.1 pp
—
−12.2 pp
—
−5.9 pp
−5.1 pp
−1.2 pp
−2.6 pp
−2.3 pp
−5.5 pp
−4.8 pp
—
Fineotex Chemical Ltd · FCL
—
—
—
—
+9.2 pp
—
+4.7 pp
—
+0.1 pp
—
+0.8 pp
—
−10.7 pp
−14.0 pp
−15.2 pp
−17.7 pp
−7.5 pp
−10.8 pp
−3.2 pp
—
Galaxy Surfactants Ltd · GALAXYSURF
—
—
—
—
+0.1 pp
—
+4.6 pp
—
−1.6 pp
—
−7.9 pp
—
−5.3 pp
−3.2 pp
−0.6 pp
−1.5 pp
−1.8 pp
−2.1 pp
−2.8 pp
—
Neogen Chemicals Ltd · NEOGEN
—
—
—
—
−3.6 pp
—
+1.9 pp
—
+0.2 pp
—
−5.5 pp
—
−4.5 pp
−1.1 pp
+1.4 pp
−2.1 pp
−2.6 pp
−5.9 pp
−4.3 pp
—
Pidilite Industries Ltd · PIDILITIND
—
—
—
—
−3.2 pp
—
−1.2 pp
—
+0.8 pp
—
+4.2 pp
—
+2.1 pp
−0.1 pp
−0.9 pp
+0.9 pp
+0.4 pp
+1.4 pp
+1.6 pp
—
Tatva Chintan Pharma Chem Ltd · TATVA
—
—
—
—
−8.7 pp
—
−10.3 pp
—
−5.8 pp
—
−4.4 pp
—
−5.2 pp
−4.8 pp
−5.0 pp
−5.0 pp
+0.4 pp
+3.2 pp
+6.2 pp
+8.3 pp
Vinati Organics Ltd · VINATIORGA
—
—
—
—
+3.1 pp
—
+1.8 pp
—
−3.7 pp
—
−6.0 pp
—
−2.4 pp
+0.4 pp
+0.7 pp
+2.0 pp
+1.7 pp
+0.7 pp
−0.6 pp
—
Vishnu Chemicals Ltd · VISHNU
—
—
—
—
+14.5 pp
—
+5.6 pp
—
−10.5 pp
—
−11.4 pp
—
−3.3 pp
−2.7 pp
−1.8 pp
−3.0 pp
−2.1 pp
−1.8 pp
−2.1 pp
—
Yasho Industries Ltd · YASHO
—
—
—
—
−2.0 pp
—
−7.9 pp
—
−18.1 pp
—
−10.3 pp
—
−3.5 pp
−8.4 pp
−3.1 pp
−3.4 pp
0.0 pp
−0.4 pp
+2.6 pp
—
07 · compare level, then change
Valuation Against Growth & Quality
Panama Petrochem Ltd has the lowest Guarded PEG among the 27 Speciality Chemicals companies compared here, at 0.55×. Aarti Industries Ltd is next at 0.94×. Transpek Industry Ltd has the lowest P/E at 13×, so level and change sit with different companies. 12 of 27 companies report a comparable reading, the latest through Mar 2026.
What the numbers say: Panama Petrochem Ltd has the lowest comparable Guarded PEG at 0.55×, 41.5% below Aarti Industries Ltd. Only 12 of 27 companies pass the guard, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.
LeaderPanama Petrochem Ltd · 0.55×
Gap41.5% versus #2 · Aarti Industries Ltd
Persistence0/8 recent comparable periods
Coverage12/27 companies · 108 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/e signal.
PEG is shown only when earnings are positive and three-year EPS growth is between 5% and 60%. It is recomputed consistently as the trailing P/E divided by that growth rate — reported earnings, never an expected-earnings multiple. On Indian companies it is shown only where the two data sources reconciled. A missing PEG is more honest than a low-base fiction.
Guarded PEGlowest PEG
1Panama Petrochem Ltd PANAMAPET0.6
2Aarti Industries Ltd AARTIIND0.9
3Yasho Industries Ltd YASHO1.2
4Vishnu Chemicals Ltd VISHNU2.1
5Vinati Organics Ltd VINATIORGA2.1
P/Elowest P/E
1Transpek Industry Ltd TRANSPEK13.0
2Panama Petrochem Ltd PANAMAPET14.2
3Vikram Thermo (India) Ltd 53047720.0
4Grauer & Weil (India) Ltd GRAUWEIL20.4
5Kronox Lab Sciences Ltd KRONOX20.7
Valuation · company comparison
12/27 level · 26/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | Guarded PEG | P/E | Reported |
|---|---|---|---|
| Neogen Chemicals Ltd NEOGEN | 14.4 | 172.0 | Jun 2026 |
| Aether Industries Ltd AETHER | 8.9 | 69.4 | Mar 2026 |
| Clean Science & Technology Ltd CLEAN | 6.2 | 29.4 | Mar 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | 5.6 | 65.7 | Jun 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | 4.4 | 19.5 | Mar 2026 |
| Fineotex Chemical Ltd FCL | 4.2 | 44.0 | Jun 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | 4.0 | 17.7 | Mar 2026 |
| Pidilite Industries Ltd PIDILITIND | 3.7 | 57.8 | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | 2.1 | 31.3 | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | 2.1 | 24.2 | Mar 2026 |
| Yasho Industries Ltd YASHO | 1.2 | 91.1 | Mar 2026 |
| Aarti Industries Ltd AARTIIND | 0.9 | 40.8 | Mar 2026 |
| Panama Petrochem Ltd PANAMAPET | 0.6 | 8.2 | Mar 2026 |
| Vikram Thermo (India) Ltd 530477 | — | 12.9 | Mar 2026 |
| Sunshield Chemicals Ltd 530845 | — | 26.6 | Mar 2026 |
| Anupam Rasayan India Ltd ANURAS | — | 80.3 | Mar 2026 |
| Privi Speciality Chemicals Ltd PRIVISCL | — | 38.5 | Mar 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | — | 34.8 | Mar 2026 |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | — | -99.1 | Mar 2026 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | — | 25.1 | Mar 2026 |
| Platinum Industries Ltd PLATIND⚠ unverified | — | 25.0 | Mar 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | — | 21.1 | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | — | 19.7 | Mar 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | — | 23.2 | Mar 2026 |
| Amal Ltd AMAL | — | 21.9 | Dec 2025 |
| Transpek Industry Ltd TRANSPEK | — | 8.7 | Mar 2026 |
| Kronox Lab Sciences Ltd KRONOX | — | 14.6 | Mar 2026 |
Full 20-quarter history · every available company
Guarded PEG · reported quarter history
Showing the 12 largest of 13 companies with a series here. The remaining 1 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
1.9
1.9
—
1.3
—
—
—
—
—
—
—
—
—
—
—
—
—
—
0.9
—
Aether Industries Ltd · AETHER
—
—
—
—
—
3.7
3.1
13.2
15.2
—
—
—
—
—
—
1.1
—
1.1
8.9
—
Clean Science & Technology Ltd · CLEAN
—
7.3
5.5
4.5
4.1
2.4
1.8
1.7
2.2
6.2
—
—
—
—
—
7.1
6.2
—
—
—
Fineotex Chemical Ltd · FCL
—
0.8
0.8
1.1
—
1.9
0.6
0.6
—
0.8
2.1
1.0
1.2
1.9
—
—
—
4.2
—
—
Galaxy Surfactants Ltd · GALAXYSURF
1.0
2.9
—
—
—
1.7
0.4
0.6
0.8
4.4
—
—
—
—
—
—
—
—
—
—
Grauer & Weil (India) Ltd · GRAUWEIL
0.3
—
—
1.5
—
2.0
1.0
0.5
0.6
0.6
0.9
0.9
1.0
1.3
—
4.0
—
—
—
—
Neogen Chemicals Ltd · NEOGEN
8.1
4.2
3.2
1.8
1.7
2.9
2.5
11.2
—
—
7.6
—
—
—
—
7.6
14.4
—
—
—
Pidilite Industries Ltd · PIDILITIND
1.9
1.9
3.8
14.2
—
—
—
19.2
—
5.8
2.4
2.3
2.6
2.5
4.2
4.2
4.0
4.6
3.7
—
Tatva Chintan Pharma Chem Ltd · TATVA
—
—
—
—
—
—
—
—
—
—
—
—
—
—
—
5.6
—
—
—
—
Vinati Organics Ltd · VINATIORGA
2.3
2.3
1.5
2.0
1.6
1.5
1.3
—
5.8
—
—
—
—
—
2.3
2.0
1.7
2.1
—
—
Vishnu Chemicals Ltd · VISHNU
0.5
0.6
—
—
—
—
0.5
—
0.6
—
—
—
—
—
0.7
1.3
1.1
0.8
2.1
—
Yasho Industries Ltd · YASHO
—
1.1
—
—
0.5
—
0.8
1.0
—
1.2
—
—
—
—
—
—
—
—
—
—
P/E · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
48.3
52.6
25.7
19.0
20.4
18.8
31.8
33.5
37.1
52.7
55.6
59.7
43.7
33.6
38.8
52.8
57.8
50.7
40.8
—
Aether Industries Ltd · AETHER
—
—
—
79.0
94.4
86.8
95.9
102.5
94.3
81.8
80.5
136.3
132.8
124.7
95.2
60.7
52.9
55.4
69.4
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
105.9
95.4
77.2
70.0
77.2
71.6
58.0
73.3
61.9
68.2
48.8
57.5
61.8
49.3
43.5
60.8
—
42.5
34.8
—
Anupam Rasayan India Ltd · ANURAS
107.6
85.8
67.6
40.6
47.1
41.2
51.8
59.3
52.0
63.2
60.7
64.4
84.4
112.2
104.7
133.7
98.0
97.0
80.3
—
Clean Science & Technology Ltd · CLEAN
109.6
133.3
96.4
67.8
78.9
63.0
48.6
50.2
51.4
59.7
55.5
62.3
65.1
58.7
47.6
58.9
43.6
35.2
29.4
—
Fineotex Chemical Ltd · FCL
33.0
34.6
36.6
34.6
59.6
37.2
32.8
37.6
37.6
38.0
35.4
35.5
36.8
29.6
21.9
29.6
27.5
29.3
24.0
44.0
Galaxy Surfactants Ltd · GALAXYSURF
36.5
39.4
42.7
39.1
37.1
26.6
21.2
24.7
25.3
28.2
25.6
32.3
34.6
28.9
23.7
30.0
25.4
25.4
19.5
—
Neogen Chemicals Ltd · NEOGEN
89.7
105.5
97.3
70.5
74.0
65.3
62.5
80.5
90.2
79.1
90.5
114.3
150.6
131.1
82.5
102.7
99.1
92.8
117.3
172.0
Pidilite Industries Ltd · PIDILITIND
93.9
93.0
98.9
91.3
102.0
99.8
96.1
103.7
89.4
91.7
89.6
90.3
91.1
75.5
72.3
74.1
68.2
66.1
57.8
—
Privi Speciality Chemicals Ltd · PRIVISCL
66.0
66.0
63.7
43.6
65.2
57.5
72.2
190.2
188.7
169.7
77.2
59.6
46.9
48.5
44.0
47.4
42.5
47.8
38.5
—
Vinati Organics Ltd · VINATIORGA
70.5
68.7
63.4
55.9
58.5
51.1
43.7
43.7
47.8
50.7
46.7
60.6
63.1
49.1
42.4
50.4
41.9
37.8
31.3
—
Vishnu Chemicals Ltd · VISHNU
26.0
24.4
32.2
21.9
21.8
14.7
12.4
15.6
15.2
18.1
18.1
29.6
26.0
26.0
25.9
27.8
24.5
26.7
24.2
—
08 · compare level, then change
Enterprise Value & Book Value
Transpek Industry Ltd has the lowest EV/EBITDA among the 27 Speciality Chemicals companies compared here, at 3.3×. Panama Petrochem Ltd is next at 5.4×. The same company also holds the lowest P/BV, at 0.78×. 26 of 27 companies report a comparable reading, the latest through Mar 2026. Its EV/EBITDA series carries 19 reported observations across the 20-quarter window.
What the numbers say: Transpek Industry Ltd leads both ev/ebitda at 3.3× and p/bv at 0.78×.
LeaderTranspek Industry Ltd · 3.3×
Gap38.9% versus #2 · Panama Petrochem Ltd
Persistence0/8 recent comparable periods
Coverage26/27 companies · 485 observations
Investor read: Treat valuation as permission to investigate, never as a standalone reason to buy.
This conclusion weakens if: The next two comparable reports reverse the current p/bv signal.
EV/EBITDA includes debt in enterprise value and is useful across different capital structures. P/BV prices the company against its own book. Both are market multiples on reported figures, not intrinsic-value estimates and not forecasts.
EV/EBITDAlowest EV/EBITDA
1Transpek Industry Ltd TRANSPEK3.3
2Panama Petrochem Ltd PANAMAPET5.4
3Vikram Thermo (India) Ltd 5304778.7
4DMCC Speciality Chemicals Ltd DMCC⚠ unverified8.9
5Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified9.2
P/BVlowest P/BV
1Transpek Industry Ltd TRANSPEK0.8
2Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified1.3
3Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified1.3
4Panama Petrochem Ltd PANAMAPET2.1
5Galaxy Surfactants Ltd GALAXYSURF2.5
Enterprise and book valuation · company comparison
26/27 level · 27/27 change
Solid lines show level; dotted lines show change when “Both” is selected. Missing reports break the line rather than being invented.
All-company data · latest reported quarter
Each figure is the company’s latest single reported quarter. The rankings above use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.
| Company | EV/EBITDA | P/BV | Reported |
|---|---|---|---|
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | 64.6 | 1.4 | Mar 2026 |
| Neogen Chemicals Ltd NEOGEN | 45.4 | 6.1 | Jun 2026 |
| Aether Industries Ltd AETHER | 42.6 | 6.3 | Mar 2026 |
| Pidilite Industries Ltd PIDILITIND | 37.2 | 14.0 | Mar 2026 |
| Tatva Chintan Pharma Chem Ltd TATVA | 29.7 | 3.5 | Jun 2026 |
| Fineotex Chemical Ltd FCL | 28.1 | 5.4 | Jun 2026 |
| Anupam Rasayan India Ltd ANURAS | 26.8 | 4.4 | Mar 2026 |
| Alkyl Amines Chemicals Ltd ALKYLAMINE⚠ unverified | 24.9 | 12.3 | Mar 2026 |
| Privi Speciality Chemicals Ltd PRIVISCL | 20.1 | 9.3 | Mar 2026 |
| Vinati Organics Ltd VINATIORGA | 19.7 | 4.7 | Mar 2026 |
| Clean Science & Technology Ltd CLEAN | 17.8 | 4.8 | Mar 2026 |
| Aarti Industries Ltd AARTIIND | 17.3 | 2.6 | Mar 2026 |
| Yasho Industries Ltd YASHO | 16.2 | 3.8 | Mar 2026 |
| Amal Ltd AMAL | 16.2 | 7.5 | Dec 2025 |
| Paushak Ltd PAUSHAKLTD⚠ unverified | 15.2 | 1.9 | Mar 2026 |
| Sunshield Chemicals Ltd 530845 | 14.6 | 6.1 | Mar 2026 |
| Platinum Industries Ltd PLATIND⚠ unverified | 14.3 | 2.6 | Mar 2026 |
| Vishnu Chemicals Ltd VISHNU | 13.6 | 3.3 | Mar 2026 |
| Amines & Plasticizers Ltd AMNPLST⚠ unverified | 12.2 | 2.8 | Mar 2026 |
| Galaxy Surfactants Ltd GALAXYSURF | 11.1 | 2.2 | Mar 2026 |
| Grauer & Weil (India) Ltd GRAUWEIL | 10.6 | 2.5 | Mar 2026 |
| Kronox Lab Sciences Ltd KRONOX | 10.1 | 3.7 | Mar 2026 |
| Chemcon Speciality Chemicals Ltd CHEMCON⚠ unverified | 9.2 | 1.0 | Mar 2026 |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | 8.9 | 2.2 | Mar 2026 |
| Vikram Thermo (India) Ltd 530477 | 8.7 | 3.2 | Mar 2026 |
| Panama Petrochem Ltd PANAMAPET | 5.4 | 1.1 | Mar 2026 |
| Transpek Industry Ltd TRANSPEK | 3.3 | 0.7 | Mar 2026 |
Full 20-quarter history · every available company
EV/EBITDA · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
29.3
31.1
18.6
14.4
15.3
13.8
18.0
18.9
20.3
27.0
28.2
28.1
22.2
17.4
17.2
20.2
18.6
17.3
17.3
—
Aether Industries Ltd · AETHER
—
—
—
60.3
63.5
58.2
62.6
69.6
63.4
53.2
48.5
70.8
66.1
61.1
49.3
34.6
31.2
33.2
42.6
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
75.3
67.9
54.9
49.8
54.9
51.0
41.3
52.2
44.1
48.6
34.8
41.0
44.0
35.2
31.1
43.3
—
30.4
24.9
—
Anupam Rasayan India Ltd · ANURAS
35.0
39.3
32.0
20.2
24.3
21.6
25.0
26.5
21.1
25.8
22.9
21.1
24.6
27.8
26.2
32.1
28.6
29.1
26.8
—
Clean Science & Technology Ltd · CLEAN
76.3
92.7
67.0
46.9
54.0
42.9
33.0
34.1
34.9
40.2
36.9
40.7
42.0
37.0
29.7
36.5
26.9
21.8
17.8
—
Fineotex Chemical Ltd · FCL
23.4
23.8
25.4
24.6
42.2
26.8
23.8
27.5
27.3
27.8
25.6
25.6
27.3
21.5
15.6
21.0
19.4
20.4
16.0
28.1
Galaxy Surfactants Ltd · GALAXYSURF
24.8
26.6
27.6
25.3
24.8
18.1
14.8
16.9
16.3
17.9
15.8
19.7
21.1
17.6
14.4
17.9
15.0
14.7
11.1
—
Neogen Chemicals Ltd · NEOGEN
46.9
56.9
53.9
39.9
40.5
33.4
31.0
36.2
39.2
35.5
31.9
38.6
50.7
45.7
32.5
33.3
32.7
30.0
30.9
45.4
Pidilite Industries Ltd · PIDILITIND
61.2
60.9
64.0
58.1
65.9
64.0
60.5
64.7
55.7
57.0
56.8
56.5
57.4
47.9
45.7
47.6
44.0
42.5
37.2
—
Privi Speciality Chemicals Ltd · PRIVISCL
32.2
33.1
32.5
20.4
30.1
24.2
21.9
24.7
28.2
22.6
17.1
19.1
17.2
18.8
18.1
20.8
19.9
23.6
20.1
—
Vinati Organics Ltd · VINATIORGA
50.1
48.6
44.9
39.1
40.8
35.4
29.5
29.5
31.9
33.0
30.0
38.8
40.2
31.8
27.4
32.7
27.2
24.0
19.7
—
Vishnu Chemicals Ltd · VISHNU
13.4
13.2
17.7
13.0
13.4
9.6
8.4
10.1
10.7
11.5
11.0
16.1
13.4
13.2
13.8
15.4
14.0
15.1
13.6
—
P/BV · reported quarter history
Showing the 12 largest of 27 companies with a series here. The remaining 15 are complete in the plain-text rendition and the trace payload — nothing is dropped from the data, only from this grid.
Aarti Industries Ltd · AARTIIND
8.3
6.6
6.1
6.3
5.2
4.7
4.2
4.0
3.6
4.7
4.8
5.1
4.0
2.7
2.6
3.3
2.4
2.4
2.6
—
Aether Industries Ltd · AETHER
—
—
—
25.1
9.4
8.7
9.2
10.7
9.7
5.8
5.1
9.2
5.9
5.4
5.1
4.9
4.4
4.8
6.3
—
Alkyl Amines Chemicals Ltd · ALKYLAMINE⚠ unverified
37.4
33.7
27.3
24.7
27.3
25.3
20.5
25.9
21.9
24.1
17.2
20.3
21.8
17.4
15.4
21.5
—
15.0
12.3
—
Anupam Rasayan India Ltd · ANURAS
4.8
6.0
5.3
3.9
4.2
3.8
5.0
6.0
4.0
4.6
3.9
3.5
2.9
2.8
3.0
4.5
4.2
4.7
4.4
—
Clean Science & Technology Ltd · CLEAN
33.6
40.9
32.6
20.2
21.6
18.3
17.5
19.3
14.8
15.1
12.9
15.1
13.6
11.7
9.6
12.9
8.3
6.2
4.8
—
Fineotex Chemical Ltd · FCL
7.0
6.7
8.0
9.2
13.0
9.3
9.8
12.7
10.2
10.0
10.2
12.2
10.1
5.4
3.8
7.0
3.9
3.7
3.0
5.4
Galaxy Surfactants Ltd · GALAXYSURF
9.0
7.9
7.3
7.9
6.1
5.0
5.2
6.0
4.8
4.8
4.0
5.2
4.9
4.0
3.2
4.2
3.3
2.9
2.2
—
Neogen Chemicals Ltd · NEOGEN
16.0
19.6
19.0
16.7
8.1
6.9
7.3
9.2
9.1
7.4
6.3
8.2
7.5
6.8
5.2
5.6
5.1
3.8
3.9
6.1
Pidilite Industries Ltd · PIDILITIND
22.3
21.6
21.5
19.7
20.7
19.6
18.7
20.6
17.2
18.3
20.4
22.3
20.4
17.0
16.6
18.5
15.4
15.5
14.0
—
Privi Speciality Chemicals Ltd · PRIVISCL
9.8
9.4
9.7
5.7
6.8
5.3
5.1
5.2
5.7
5.3
4.5
6.8
6.2
6.6
6.7
9.6
8.4
10.3
9.3
—
Vinati Organics Ltd · VINATIORGA
12.3
12.4
12.2
12.5
10.8
10.4
10.2
10.2
8.6
7.8
6.5
8.8
8.7
7.1
6.4
8.3
6.4
5.6
4.7
—
Vishnu Chemicals Ltd · VISHNU
4.5
4.7
9.2
6.4
6.6
5.2
5.8
7.7
4.8
3.6
3.2
6.8
3.8
3.5
3.9
5.0
3.4
3.7
3.3
—
09 · let price answer last
Market action
Aether Industries Ltd has the strongest one-year price move in Speciality Chemicals at +79.3%. Yasho Industries Ltd leads on Mansfield relative strength against NIFTY at +69.9%. 16 of 27 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-07-17.
Every price line is indexed to 100 over the chosen window. Mansfield relative strength compares a price ratio with its own 52-week average; zero separates leadership from lagging.
Price and relative strength
Price is rebased to 100 inside the selected window. Pair ratio rebases each selected company against one chosen denominator.
Before the conclusion · check the blind spots
What can make this comparison misleading?
This Speciality Chemicals comparison names 8 specific ways its own evidence can mislead, all listed below. 1 of the 27 companies reports on an older date than the sector's freshest reporters, so its rank is marked stale. 7 draw at least one figure from a second feed with too little overlap to cross-check.
Keep these limits visible
- A high growth rate can be a low-base artefact. The page keeps level and change separate for that reason.
- A high ROCE can be temporary or flattered by a small capital base. Read it beside margin, cash conversion and reinvestment.
- The 4-Factor Sector Score ranks research priority, not portfolio action. Management quality, catalysts and risks need equally fresh evidence before capital is deployed.
- An “all companies” line chart preserves completeness, but rank changes should be checked against reporting dates before drawing a conclusion.
- 1 company has an older fundamental reporting date than the sector’s freshest reporters; its rank carries a stale marker.
- 7 companies draw at least one figure from a second data feed with too little overlapping history to cross-check against the primary source; they are marked unverified wherever those figures appear.
- 2 companies are missing from the second-feed metrics by decision, not by absence: the two sources disagree, so nothing from the second is drawn. Read those rows as narrower evidence, never as a weaker business.
- Thin comparisons: Capital expenditure have fewer than three usable current readings.
10 · the complete set
Which companies are included?
All 27 companies in the canonical Speciality Chemicals membership are listed below, largest market value first — nothing is silently dropped, even where a company reports too little to rank. 1 of these is no longer being priced, so its price and relative strength are frozen at the last traded week shown.
AHEAD means the company is beating the index by 5% or more over three months. LAGGING, FUNDAMENTALS UP means it is 20% or more behind over a year while its trailing twelve-month earnings grew 20% or more. Both rules are fixed and applied the same way in every sector.
| Company | Market value | Price | Priced to | Latest fundamentals | Source standing |
|---|---|---|---|---|---|
| Pidilite Industries Ltd PIDILITINDAHEAD | ₹1.6 L Cr | ₹1,571 | 2026-07-19 | Mar 2026 | Cross-checked |
| Aether Industries Ltd AETHERAHEAD25/26 WEEKS | ₹18.9K Cr | ₹1,428 | 2026-07-19 | Mar 2026 | Cross-checked |
| Aarti Industries Ltd AARTIIND24/26 WEEKS | ₹17.3K Cr | ₹478 | 2026-07-19 | Mar 2026 | Cross-checked |
| Anupam Rasayan India Ltd ANURAS18/26 WEEKS | ₹14.2K Cr | ₹1,250 | 2026-07-19 | Mar 2026 | Second feed withheld |
| Privi Speciality Chemicals Ltd PRIVISCLAHEAD21/26 WEEKS | ₹14.0K Cr | ₹3,595 | 2026-07-19 | Mar 2026 | Second feed withheld |
| Vinati Organics Ltd VINATIORGA | ₹13.5K Cr | ₹1,300 | 2026-07-19 | Mar 2026 | Cross-checked |
| Alkyl Amines Chemicals Ltd ALKYLAMINEAHEAD⚠ unverified | ₹9.2K Cr | ₹1,790 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Clean Science & Technology Ltd CLEAN | ₹7.7K Cr | ₹721 | 2026-07-19 | Mar 2026 | Cross-checked |
| Galaxy Surfactants Ltd GALAXYSURFAHEAD | ₹6.9K Cr | ₹1,945 | 2026-07-19 | Mar 2026 | Cross-checked |
| Neogen Chemicals Ltd NEOGENAHEAD24/26 WEEKS | ₹5.6K Cr | ₹2,063 | 2026-07-19 | Jun 2026 | Cross-checked |
| Fineotex Chemical Ltd FCLAHEAD18/26 WEEKS | ₹4.6K Cr | ₹39.6 | 2026-07-19 | Jun 2026 | Cross-checked |
| Vishnu Chemicals Ltd VISHNUAHEAD24/26 WEEKS | ₹4.3K Cr | ₹632 | 2026-07-19 | Mar 2026 | Cross-checked |
| Tatva Chintan Pharma Chem Ltd TATVAAHEAD | ₹4.0K Cr | ₹1,722 | 2026-07-19 | Jun 2026 | Cross-checked |
| Yasho Industries Ltd YASHOAHEAD21/26 WEEKS | ₹3.7K Cr | ₹3,072 | 2026-07-19 | Mar 2026 | Cross-checked |
| Grauer & Weil (India) Ltd GRAUWEIL | ₹3.4K Cr | ₹74.0 | 2026-07-19 | Mar 2026 | Cross-checked |
| Panama Petrochem Ltd PANAMAPETAHEAD19/26 WEEKS | ₹3.0K Cr | ₹498 | 2026-07-19 | Mar 2026 | Cross-checked |
| Thirumalai Chemicals Ltd TIRUMALCHM⚠ unverified | ₹2.0K Cr | ₹168 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Paushak Ltd PAUSHAKLTDAHEAD⚠ unverified | ₹1.4K Cr | ₹562 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Platinum Industries Ltd PLATIND⚠ unverified | ₹1.3K Cr | ₹228 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Amines & Plasticizers Ltd AMNPLSTAHEAD⚠ unverified | ₹1.1K Cr | ₹194 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Sunshield Chemicals Ltd 530845AHEAD | ₹1.1K Cr | ₹1,195 | 2026-07-19 | Mar 2026 | Primary source only |
| Vikram Thermo (India) Ltd 530477AHEAD | ₹768 Cr | ₹245 | 2026-07-19 | Mar 2026 | Primary source only |
| DMCC Speciality Chemicals Ltd DMCC⚠ unverified | ₹680 Cr | ₹273 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Chemcon Speciality Chemicals Ltd CHEMCONAHEAD⚠ unverified | ₹647 Cr | ₹177 | 2026-07-19 | Mar 2026 | Includes unverified figures |
| Amal Ltd AMAL | ₹628 Cr | ₹508 | 2026-03-08 · not currently priced | Dec 2025 | Primary source only |
| Transpek Industry Ltd TRANSPEK | ₹595 Cr | ₹1,065 | 2026-07-19 | Mar 2026 | Primary source only |
| Kronox Lab Sciences Ltd KRONOXAHEAD | ₹573 Cr | ₹154 | 2026-07-19 | Mar 2026 | Primary source only |
How each company's sources stand: 7 of 27 companies draw at least one figure from a second data feed that could not be cross-checked against the primary source, because the two do not share enough reported history to compare. Those figures are marked unverified wherever they appear. 2 of 27 companies have a second data feed that is known to disagree with the primary source, so nothing from it is drawn: Anupam Rasayan India Ltd (ANURAS) — its two data sources disagree by up to 63% on reported income across 15 comparable periods, so its derived ratios are withheld; Privi Speciality Chemicals Ltd (PRIVISCL) — its two data sources disagree by up to 5.9% on reported income across 14 comparable periods, so its derived ratios are withheld.
Evidence and freshness
How was this comparison built?
This comparison is built from the reported filings of 27 Speciality Chemicals companies, normalized to a common ₹ scale and a shared quarter axis of up to 20 quarters each. Fundamentals run through Jun 2026 and market data through 2026-07-24. A second data feed fills gaps only after identity and scale reconciliation, and missing observations are never interpolated.
FundamentalsThrough Jun 2026 · up to 20 quarters per company
Market dataThrough 2026-07-24 · weekly price and relative-strength history
Derived metricsGrowth, changes, CAPEX intensity, net debt, guarded PEG and P/BV÷ROE are calculated only when their inputs are comparable.
Score confidenceMissing and stale evidence reduces confidence and pulls the 0–100 research-priority score toward neutral.
Source standing13 cross-checked · 12 unverified · 2 withheld, of 27 graded companies.
A second feed is read only after its reported income is matched against the primary source on at least three overlapping periods. Where the two agree the figures fill silently. Where there is too little shared history to compare, the figures are still drawn — they are the only evidence there is — and marked ⚠ unverified everywhere they appear. Where the two are known to disagree, nothing from the second feed is drawn and the affected company is named under the chart it is missing from. Every company's standing is listed in the register above.
Questions investors ask · short, speakable answers
Speciality Chemicals company comparison FAQs
These 18 answers restate the Speciality Chemicals comparison above in question form. Every one is computed from the same 27 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-07-24. Nothing here is estimated, and none of it is a recommendation.
What is the Nifty Speciality Chemicals index?
The Nifty Speciality Chemicals index tracks India's listed Speciality Chemicals companies as a single basket. This page follows the same 27 companies and equal-weights them, so every company's weekly return counts once whatever it is worth, and the reading belongs to the Speciality Chemicals sector rather than to its largest constituent. Figures are as of Jun 2026.
Which are the best Speciality Chemicals stocks in India?
Ranked by this page's four-factor score, Sunshield Chemicals Ltd places first among 27 listed Speciality Chemicals companies, followed by Privi Speciality Chemicals Ltd. That is a ranking of published data — earnings, quality, valuation and market behaviour as of Jun 2026 — and not a recommendation; Sector Alpha is not registered with SEBI as an investment adviser.
How many Speciality Chemicals stocks are listed in India?
This comparison covers 27 listed Speciality Chemicals companies in India, each above the size floor the site applies, with 20 quarters of reported figures per company where the filings exist. The full ranked list is on this page, as of Jun 2026.
Which Speciality Chemicals company is the biggest?
Pidilite Industries Ltd is the largest, with trailing-twelve-month revenue of ₹14,600 crore, ahead of Aarti Industries Ltd at ₹8,298 crore. That covers 27 of 27 companies with comparable reporting through Mar 2026.
Which Speciality Chemicals company is growing fastest?
Fineotex Chemical Ltd has the fastest revenue growth at 91.5% year on year, across 27 of 27 comparable companies. Fast growth off a small base is not the same as proven scale — check whether the rate holds across several quarters on the chart above before treating it as a trend.
Which Speciality Chemicals company has the best profit margins?
Clean Science & Technology Ltd has the highest operating margin at 38%, from 27 of 27 comparable companies. Grauer & Weil (India) Ltd shows the biggest recent improvement, at +8 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.
Which Speciality Chemicals company makes the most profit?
Pidilite Industries Ltd earns the most, at ₹2,471 crore of trailing-twelve-month net profit, from 27 of 27 comparable companies. Vikram Thermo (India) Ltd has the fastest profit growth at 100%, though growth off a small or recovering profit base overstates how much has actually changed.
Which Speciality Chemicals company earns the highest return on capital?
Alkyl Amines Chemicals Ltd leads on return on capital employed at 41.3%, across 27 of 27 companies. Read it beside the length of its reported history: a high return that repeats for years is evidence of a durable business, while a single high reading can be a small capital base or one good year.
Which Speciality Chemicals stock is the cheapest?
On guarded PEG — where a LOWER number is cheaper — Panama Petrochem Ltd screens cheapest at 0.55×. Only 12 of 27 companies pass the comparability guard, so this is not a sector-wide "cheapest stock" verdict. Cheap on a multiple is a reason to investigate, never a reason to buy on its own.
Which Speciality Chemicals company has the strongest balance sheet?
Sunshield Chemicals Ltd carries the lowest comparable gross debt at ₹0 crore, from 27 of 27 companies. Absolute rupee debt alone does not settle it, because company scale differs — net debt and debt-to-equity in the chart above carry more information, and a very low-debt balance sheet can also mean under-investment.
Which Speciality Chemicals stock has the strongest price momentum?
Yasho Industries Ltd has the strongest relative strength against NIFTY 500. Relative strength answers last, after growth, quality and valuation: price can move well before the fundamentals confirm it, and sometimes without them confirming at all.
Which Speciality Chemicals company scores highest for research priority?
Sunshield Chemicals Ltd scores 71.9 out of 100 with 73% evidence confidence, from 28.8 points on growth and earnings, 17.9 on capital efficiency, 11.1 on valuation and 14.1 on relative strength. This ranks what deserves work next. It is not a buy recommendation, and management quality, catalysts and risk still need separate research.
How many Speciality Chemicals companies does this comparison cover, and over what period?
It compares 27 listed companies over up to 20 reported quarters of fundamentals and 10 fiscal years of capital allocation, ending Jun 2026, plus weekly price and relative-strength history. Membership is the full sector list — nothing is dropped for having thin data.
What is the total market cap of the Speciality Chemicals sector?
The 27 Speciality Chemicals companies on this page carry ₹3,00,908 crore of combined market value. Pidilite Industries Ltd is the largest at ₹1,59,885 crore, about 53% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-07-29.
What is the Speciality Chemicals sector's P/E ratio?
The median price-to-earnings ratio across the 27 Speciality Chemicals companies on this page is 33.4×, measured on the 26 that report a comparable figure. A sector-level history for this multiple is not held here, so this is a cross-section of today, not a comparison with the sector’s own past. Figures are as of 2026-07-29.
How is the Speciality Chemicals sector performing?
16 of the 27 covered Speciality Chemicals companies are beating NIFTY 500 on Mansfield relative strength. A 52-week sector-versus-index comparison is not available from the current market series for this sector, so it is not quoted. Readings are as of 2026-07-29.
Why are some values on this page blank?
A blank means that company did not report a comparable figure for that period, so nothing is shown. Missing observations are never interpolated, carried forward, or replaced with a similar-looking accounting line, and a company with missing evidence has its research score pulled toward neutral rather than being scored as bad.
Is this investment advice?
No. Every figure here is a deterministic calculation from reported company filings and market data, published for research. It contains no recommendation to buy or sell any security, does not account for your circumstances, and is not a substitute for advice from a licensed adviser.