Sector Alpha Week of 2026-09-17
Not SEBI Registered !! Not Investment advice !!
20-quarter listed-company comparison

Chemicals - Inorganic Stocks in India

Chemicals - Inorganic: Deepak Nitrite Ltd owns the largest revenue base; Fischer Medical Ventures Ltd has the fastest current growth.

The 9 Chemicals - Inorganic companies listed in India are Deepak Nitrite Ltd (₹21.7K Cr, the largest), Tanfac Industries Ltd, Archean Chemical Industries Ltd and 6 more. 5 of 9 covered companies beat NIFTY 500 on relative strength. Readings are as of 17 Sep 2026.

All 9 Chemicals - Inorganic Stocks in India (Sep 2026) — ranked by 4-Factor score

  1. 1Indo Borax & Chemicals Ltd₹1.6K Cr67.4/100Favorable setup · strongest on relative strength versus sector and profit growth
  2. 2Tanfac Industries Ltd₹7.3K Cr54.4/100Mixed-positive evidence · strongest on ROCE and relative strength versus sector
  3. 3J.G.Chemicals Ltd₹2.3K Cr54.4/100Mixed-positive evidence · strongest on ROCE and revenue growth
  4. 4Ganesh Benzoplast Ltd₹948 Cr52.0/100Mixed-positive evidence · strongest on profit growth and operating margin
  5. 5Deepak Nitrite Ltd₹21.7K Cr51.9/100Mixed-positive evidence · strongest on PEG and margin improvement
  6. 6Sree Rayalaseema Hi-Strength Hypo Ltd₹899 Cr51.4/100Mixed-positive evidence · strongest on own-history P/E and ROCE improvement
  7. 7POCL Enterprises Ltd₹433 Cr44.5/100Mixed-negative evidence · strongest on ROCE and sector-relative P/E
  8. 8Fischer Medical Ventures Ltd₹2.5K Cr44.2/100Mixed-negative evidence · strongest on profit growth and ROCE improvement
  9. 9Archean Chemical Industries Ltd₹5.8K Cr26.1/100Adverse evidence · strongest on PEG and operating margin

Ranked by the 4-Factor Sector Score (growth & earnings 35, capital efficiency 25, valuation 20, relative strength 20). Prices as of 11 Sep 2026. Not investment advice.

01 · the index people search for

Nifty Chemicals - Inorganic Index — Constituents & Performance

All 9 listed Indian Chemicals - Inorganic companies are named here, largest first — the same constituent set people search for as the Nifty Chemicals - Inorganic index. Every figure is equal-weighted across those companies and carries its own as-of date. One large constituent cannot set the reading.

  1. Deepak Nitrite Ltd₹21.7K Cr
  2. Tanfac Industries Ltd₹7.3K Cr
  3. Archean Chemical Industries Ltd₹5.8K Cr
  4. Fischer Medical Ventures Ltd₹2.5K Cr
  5. J.G.Chemicals Ltd₹2.3K Cr
  6. Indo Borax & Chemicals Ltd₹1.6K Cr
  7. Ganesh Benzoplast Ltd₹948 Cr
  8. Sree Rayalaseema Hi-Strength Hypo Ltd₹899 Cr
  9. POCL Enterprises Ltd₹433 Cr
02 · the sector itself · before any single company

How has Chemicals - Inorganic moved against NIFTY 500?

The line below covers up to 5.2 years and opens on the 5Y view; the buttons cut it shorter. Over the most recent two of them this sector is 25% ahead of NIFTY 500. Earnings across its companies grew 8% 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 30 weeks running.

LEADER · ahead 30w~Price up, without the fundamentals confirming5 of the 8 companies with a long enough price record ahead of NIFTY 500 by 5% or more over three months1 is 20% or more behind over a year while earnings grew 20% or more

RS ↑30w · 5/8 >200d (−1) · 5/8 lead (+0) · EPS 5/8↑

20050020262025202420232022 691303 TRAILING 12-MONTH EPS · 100 AT THE START0100103Jun 23Dec 23Jun 24Dec 24Jun 25Dec 25Jun 26Jun 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 23.2% on a year ago · 3 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 2.8% on a year ago · 6 reportingDec 2023 · trailing 12-month earnings per share at 95, against 100 at the start · down 1.8% on a year ago · 7 reportingMar 2024 · trailing 12-month earnings per share at 85, against 100 at the start · down 13.7% on a year ago · 7 reportingJun 2024 · trailing 12-month earnings per share at 87, against 100 at the start · down 17.3% on a year ago · 7 reportingSep 2024 · trailing 12-month earnings per share at 85, against 100 at the start · down 22.0% on a year ago · 7 reportingDec 2024 · trailing 12-month earnings per share at 96, against 100 at the start · down 3.6% on a year ago · 7 reportingMar 2025 · trailing 12-month earnings per share at 70, against 100 at the start · up 9.2% on a year ago · 7 reportingJun 2025 · trailing 12-month earnings per share at 66, against 100 at the start · down 9.1% on a year ago · 7 reportingSep 2025 · trailing 12-month earnings per share at 72, against 100 at the start · up 7.8% on a year ago · 7 reportingDec 2025 · trailing 12-month earnings per share at 69, against 100 at the start · down 1.1% on a year ago · 7 reportingMar 2026 · trailing 12-month earnings per share at 103, against 100 at the start · up 2.2% on a year ago · 7 reportingJun 2026 · trailing 12-month earnings per share at 98, against 100 at the start · up 22.8% on a year ago · 7 reportingNot reported yet — earnings trail price by a quarter or two98No earnings on file this far back — the price series reaches further than the filings doNO EARNINGS ON FILE
20050020262025202420232022 691303 TRAILING 12-MONTH EPS · 100 AT THE START0100103Jun 23Jun 24Jun 25Jun 26Jun 2023 · trailing 12-month earnings per share at 100, against 100 at the start · down 23.2% on a year ago · 3 reporting · thin coverageSep 2023 · trailing 12-month earnings per share at 100, against 100 at the start · up 2.8% on a year ago · 6 reportingDec 2023 · trailing 12-month earnings per share at 95, against 100 at the start · down 1.8% on a year ago · 7 reportingMar 2024 · trailing 12-month earnings per share at 85, against 100 at the start · down 13.7% on a year ago · 7 reportingJun 2024 · trailing 12-month earnings per share at 87, against 100 at the start · down 17.3% on a year ago · 7 reportingSep 2024 · trailing 12-month earnings per share at 85, against 100 at the start · down 22.0% on a year ago · 7 reportingDec 2024 · trailing 12-month earnings per share at 96, against 100 at the start · down 3.6% on a year ago · 7 reportingMar 2025 · trailing 12-month earnings per share at 70, against 100 at the start · up 9.2% on a year ago · 7 reportingJun 2025 · trailing 12-month earnings per share at 66, against 100 at the start · down 9.1% on a year ago · 7 reportingSep 2025 · trailing 12-month earnings per share at 72, against 100 at the start · up 7.8% on a year ago · 7 reportingDec 2025 · trailing 12-month earnings per share at 69, against 100 at the start · down 1.1% on a year ago · 7 reportingMar 2026 · trailing 12-month earnings per share at 103, against 100 at the start · up 2.2% on a year ago · 7 reportingJun 2026 · trailing 12-month earnings per share at 98, against 100 at the start · up 22.8% on a year ago · 7 reportingNot reported yet — earnings trail price by a quarter or two98No earnings on file this far back — the price series reaches further than the filings do
Chemicals - Inorganic, equal-weighted, based at 200 NIFTY 500, same base, same start trailing 12-month earnings per share rising falling

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 8 of its 9 companies — the 1 with too short a price record are ranked in the scorecard but cannot sit in this line. 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.

03 · sector relative strength, before individual stocks

Is Chemicals - Inorganic outperforming NIFTY 500?

Chemicals - Inorganic has underperformed NIFTY 500 by 0.1% over the last 52 weeks. Over 13 weeks the gap is a lead of 13.8%. 5 of 9 covered companies currently beat NIFTY on Mansfield relative strength, so leadership inside the sector is selective. Indo Borax & Chemicals Ltd is the strongest against the sector itself at +40.6%.

+13.8%Sector vs NIFTY 500 · 13 weeks
-0.1%Sector vs NIFTY 500 · 52 weeks
5/9Stocks leading NIFTY 500
2/9Stocks leading sector

Sector metric: 45.8 as of 2026-08-22 · 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

Chemicals - Inorganic has underperformed NIFTY 500 by 0.1% over 52 weeks and 13.8% over 13 weeks. 5 of 9 covered companies beat NIFTY on Mansfield relative strength, while 2 of 9 beat the sector itself. Deepak Nitrite Ltd leads with revenue of ₹8,575 crore, based on 9 of 9 comparable companies through Jun 2026.

Companies
9
complete canonical membership
Combined market value
₹43.4K Cr
Deepak Nitrite Ltd
Revenue growing
8/9
positive TTM year-on-year growth
Beating NIFTY 500
5/9
positive Mansfield relative strength
Comparing 5 of 9
04 · 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%
Indo Borax & Chemicals Ltd has the strongest current balance of earnings trajectory, business quality, valuation and price confirmation, with 87% evidence confidence.
Tanfac Industries Ltd has stronger price confirmation than earnings confirmation; that is a research prompt, not permission to chase.
How this score is built, and what the marks mean

Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led NIFTY 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.

CompanyScorePrice stageGrowth & earnings/35Capital efficiency/25Valuation/20Relative strength/20
1Indo Borax & Chemicals LtdINDOBORAX 67.4/100Favorable setup87% evidence LEADER 26.9/35 Revenue 28.9% · PAT 47.4% · OPM change 5 pp 95% evidence 17.9/25 ROCE 15.4% · OPM 28% 95% evidence 6.2/20 P/E 31.8× · PEG — 50% evidence 16.4/20 RS sector 40.6% · RS bench 60.1% · 1Y 102%12 of 12 weeks ahead 100% evidence
Exact sum: 26.9 + 17.9 + 6.2 + 16.4 = 67.4 · Decision use: Confirmed research leader: earnings, capital efficiency and relative strength agree. Move to management, catalyst and risk diligence.
2Tanfac Industries LtdTANFACIND 54.4/100Mixed-positive evidence82% evidence LEADER 10.8/35 Revenue 13.2% · PAT -29.2% · OPM change -1 pp 95% evidence 18.5/25 ROCE 23.9% · OPM 15% 76% evidence 6.2/20 P/E 108× · PEG — 50% evidence 18.9/20 RS sector 30.2% · RS bench 48.9% · 1Y 45%12 of 12 weeks ahead 100% evidence
Exact sum: 10.8 + 18.5 + 6.2 + 18.9 = 54.4 · Decision use: Price leads the evidence: RS versus the benchmark is 48.9%, but earnings trajectory is weak. Wait for revenue and profit confirmation.
3J.G.Chemicals LtdJGCHEM 54.4/100Mixed-positive evidence74% evidence BREAKING OUT 21.3/35 Revenue 24% · PAT 16.4% · OPM change 2 pp 95% evidence 13.0/25 ROCE 18.1% · OPM 11% 95% evidence 10.0/20 P/E 30.9× · PEG — 15% evidence 10.1/20 RS sector -5.5% · RS bench 43.6% · 1Y 25.9%10 of 10 weeks ahead 70% evidence
Exact sum: 21.3 + 13 + 10 + 10.1 = 54.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
4Ganesh Benzoplast LtdGANESHBE 52.0/100Mixed-positive evidence74% evidence BREAKING OUT 15.6/35 Revenue 13.1% · PAT 87.2% · OPM change -7 pp 95% evidence 15.0/25 ROCE 14.6% · OPM 23% 95% evidence 10.8/20 P/E 14.5× · PEG — 15% evidence 10.6/20 RS sector -4.4% · RS bench 43.5% · 1Y 37.8%9 of 11 weeks ahead 70% evidence
Exact sum: 15.6 + 15 + 10.8 + 10.6 = 52 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
5Deepak Nitrite LtdDEEPAKNTR 51.9/100Mixed-positive evidence100% evidence BASING 21.4/35 Revenue 7.1% · PAT 29.4% · OPM change 11 pp 100% evidence 10.1/25 ROCE 11.4% · OPM 21% 100% evidence 16.4/20 P/E 27.3× · PEG 0.61 100% evidence 4.0/20 RS sector -15.7% · RS bench -2.9% · 1Y -9.2%4 of 12 weeks ahead 100% evidence
Exact sum: 21.4 + 10.1 + 16.4 + 4 = 51.9 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
6Sree Rayalaseema Hi-Strength Hypo LtdSRHHYPOLTD 51.4/100Mixed-positive evidence81% evidence TURNING 16.4/35 Revenue 7.6% · PAT 1.1% · OPM change -1 pp 95% evidence 12.4/25 ROCE 14% · OPM 14% 95% evidence 14.0/20 P/E 9.1× · PEG — 50% evidence 8.6/20 RS sector -13.1% · RS bench 5.9% · 1Y -15.8%2 of 10 weeks ahead 70% evidence
Exact sum: 16.4 + 12.4 + 14 + 8.6 = 51.4 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
7POCL Enterprises LtdPOEL 44.5/100Mixed-negative evidence69% evidence 7.8/35 Revenue 4.6% · PAT -2% · OPM change -3 pp 95% evidence 17.3/25 ROCE 26.4% · OPM 2.5% 76% evidence 11.1/20 P/E 11.9× · PEG — 15% evidence 8.3/20 RS sector -3.3% · RS bench -24.6% · 1Y -41.4%2 of 12 weeks ahead 70% evidence
Exact sum: 7.8 + 17.3 + 11.1 + 8.3 = 44.5 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
8Fischer Medical Ventures LtdFISCHER 44.2/100Mixed-negative evidence83% evidence FADING 26.1/35 Revenue 100% · PAT 100% · OPM change -3.3 pp 100% evidence 4.2/25 ROCE 11.4% · OPM 13.7% 100% evidence 8.9/20 P/E 102× · PEG — 15% evidence 5.0/20 RS sector -35% · RS bench -26.1% · 1Y -67.6%2 of 12 weeks ahead 100% evidence
Exact sum: 26.1 + 4.2 + 8.9 + 5 = 44.2 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -35% and the one-year return is -67.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth.
9Archean Chemical Industries LtdACI 26.1/100Adverse evidence100% evidence ASLEEP 4.3/35 Revenue -0.4% · PAT -39.9% · OPM change -6 pp 100% evidence 7.6/25 ROCE 7.4% · OPM 21% 100% evidence 12.7/20 P/E 60× · PEG 0.83 100% evidence 1.5/20 RS sector -27.2% · RS bench -15.9% · 1Y -31.6%0 of 12 weeks ahead 100% evidence
Exact sum: 4.3 + 7.6 + 12.7 + 1.5 = 26.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction.
05 · what price has already done

Market action

Indo Borax & Chemicals Ltd has the strongest one-year price move in Chemicals - Inorganic at +102%. It also leads on Mansfield relative strength against NIFTY at +60.1%. 5 of 9 covered companies are above zero on that measure. Every line covers 313 weekly closes through 2026-09-11.

Price and relative strength

Every company, the sector's own index and NIFTY 500 all start level on the left edge of the window, so only the distance between the lines counts — the highest line has risen the most since then, and the chart at the top of this page is drawn the same way. It opens on one year; the buttons beside it stretch that to three or five.

06 · the story behind the numbers

Chemicals - Inorganic — the story behind the numbers

This is the written read behind the Chemicals - Inorganic figures above — what is actually happening in the sector, in words, with the evidence each claim rests on. It is dated 25 Jul 2026. 5 themes are live here, 1 of them rated high severity.

The Chemicals - Inorganic sector analysis this week focuses on FISCHER, where data indicates a sharp divergence between top-line growth and bottom-line stability. Consolidated revenue from operations grew nearly 99% YoY to ₹97.73 Cr, yet profitability collapsed as operating margins fell to 1.03% from 21.34% in Q3 FY26.

How old this read is: This read comes from our Chemicals - Inorganic sector brief dated 25 Jul 2026 — 54 days old. The numbers above it are newer than the words here.

What is live in this sector right now

Live themeSeverityEvidence on file
Operating margin collapsed from 21.34% in Q3 FY26 to 1.03% in Q4 FY26, indicating severe cost pressures.Named for FISCHERhigh“Operating profit (PBDIT excluding other income) plummeted to just ₹1.01 crores in Q4 FY26—the lowest in at least seven quarters—yielding an operating margin of merely 1.03%”
Interest costs surged indicating working capital financing requirements for inventory and logistics.Named for FISCHERmedium“Interest costs surged to ₹3.61 crores in Q4 FY26, the highest quarterly level recorded, up from just ₹0.64 crores in Q3 FY26”
SpinCare FDA filing outcome expected Q4 FY26; Phase 2 MDR/MDD audit due October 2025.Named for FISCHERmediumPreparing SpinCare FDA filing; outcome expected Q4 FY26
International subsidiaries in Singapore, Malaysia, and Indonesia expose company to currency fluctuations.Named for FISCHERlowNo further detail is on file for this theme.
Stock has tumbled 56.45% over the past year with multiple lower circuit hits.Named for FISCHERlowNo further detail is on file for this theme.

Sources: our Chemicals - Inorganic sector brief, 25 Jul 2026 · company earnings-call transcripts.

07 · compare level, then change

Revenue Scale & Growth Durability

Deepak Nitrite Ltd has the highest Revenue among the 9 Chemicals - Inorganic companies compared here, at ₹8,575 crore. POCL Enterprises Ltd is next at ₹1,525 crore. Fischer Medical Ventures Ltd has the highest Revenue growth at the 100% top of the scoring scale, so level and change sit with different companies.

What the numbers say: Deepak Nitrite Ltd is the scale leader at ₹8,575 crore, 462.2% ahead of POCL Enterprises Ltd. Fischer Medical Ventures Ltd's growth is stored at the ≥100% scoring cap; the uncapped TTM change is 195.8% from a ₹367 crore base, with 15 reported observations in the 20-quarter window. Treat the growth leader as an acceleration candidate, not as equally proven scale.

LeaderDeepak Nitrite Ltd · ₹8,575 crore
Gap462.2% versus #2 · POCL Enterprises Ltd
Persistence4/8 recent comparable periods
Coverage9/9 companies · 144 observations

Investor read: Deepak Nitrite Ltd is the scale benchmark; Fischer Medical Ventures Ltd is the acceleration watch. Promote the challenger only if growth persists and converts into margin and returns.

This conclusion weakens if: Deepak Nitrite Ltd's growth falls below Fischer Medical Ventures 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
1Deepak Nitrite Ltd DEEPAKNTR₹8.6K Cr
2POCL Enterprises Ltd POEL₹1.5K Cr
4J.G.Chemicals Ltd JGCHEM⚠ unverified₹1.1K Cr
5Tanfac Industries Ltd TANFACIND₹722 Cr
Revenue growthfastest growers
2Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified29%
3J.G.Chemicals Ltd JGCHEM⚠ unverified24%
4Tanfac Industries Ltd TANFACIND13%
5Ganesh Benzoplast Ltd GANESHBE⚠ unverified13%
Revenue · company comparison
9/9 level · 9/9 change

On every company-comparison chart on this page: solid lines show level, dotted lines show change when “Both” is selected, and a missing report breaks the line rather than being invented.

All-company data · latest reported quarter

In every all-company table on this page, each figure is the company’s latest single reported quarter. The rankings above them use trailing-twelve-month or current-market values, so a company can legitimately show a different number in each.

CompanyRevenueRevenue growthReported
Deepak Nitrite Ltd DEEPAKNTR₹2.6K Cr36%Jun 2026
POCL Enterprises Ltd POEL₹466 Cr25%Jun 2026
Archean Chemical Industries Ltd ACI₹327 Cr12%Jun 2026
J.G.Chemicals Ltd JGCHEM⚠ unverified₹316 Cr45%Jun 2026
Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified₹211 Cr17%Jun 2026
Tanfac Industries Ltd TANFACIND₹187 Cr6.3%Jun 2026
Ganesh Benzoplast Ltd GANESHBE⚠ unverified₹118 Cr23%Jun 2026
Fischer Medical Ventures Ltd FISCHER₹82 Cr249%Jun 2026
Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified₹70 Cr30%Jun 2026
Full 20-quarter history · every available company

Revenue · reported quarter history

Archean Chemical Industries Ltd · ACI

₹307 Cr
₹373 Cr
₹400 Cr
₹293 Cr
₹365 Cr
₹382 Cr
₹343 Cr
₹290 Cr
₹413 Cr
₹284 Cr
₹213 Cr
₹240 Cr
₹242 Cr
₹346 Cr
₹292 Cr
₹233 Cr
₹255 Cr
₹301 Cr
₹327 Cr

Deepak Nitrite Ltd · DEEPAKNTR

₹1.7K Cr
₹1.7K Cr
₹1.9K Cr
₹2.1K Cr
₹2.0K Cr
₹2.0K Cr
₹2.0K Cr
₹1.8K Cr
₹1.8K Cr
₹2.0K Cr
₹2.1K Cr
₹2.2K Cr
₹2.0K Cr
₹1.9K Cr
₹2.2K Cr
₹1.9K Cr
₹1.9K Cr
₹2.0K Cr
₹2.1K Cr
₹2.6K Cr

Fischer Medical Ventures Ltd · FISCHER

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹21 Cr
₹10 Cr
₹40 Cr
₹12 Cr
₹49 Cr
₹23 Cr
₹86 Cr
₹101 Cr
₹98 Cr
₹82 Cr

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

₹96 Cr
₹99 Cr
₹134 Cr
₹122 Cr
₹103 Cr
₹106 Cr
₹146 Cr
₹88 Cr
₹98 Cr
₹89 Cr
₹100 Cr
₹96 Cr
₹99 Cr
₹105 Cr
₹111 Cr
₹118 Cr

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

₹55 Cr
₹56 Cr
₹55 Cr
₹47 Cr
₹44 Cr
₹45 Cr
₹50 Cr
₹38 Cr
₹38 Cr
₹50 Cr
₹54 Cr
₹58 Cr
₹41 Cr
₹63 Cr
₹70 Cr

J.G.Chemicals Ltd · JGCHEM⚠ unverified

₹194 Cr
₹172 Cr
₹153 Cr
₹161 Cr
₹181 Cr
₹203 Cr
₹212 Cr
₹209 Cr
₹224 Cr
₹218 Cr
₹220 Cr
₹248 Cr
₹286 Cr
₹316 Cr

POCL Enterprises Ltd · POEL

₹270 Cr
₹243 Cr
₹218 Cr
₹339 Cr
₹256 Cr
₹308 Cr
₹364 Cr
₹373 Cr
₹341 Cr
₹372 Cr
₹372 Cr
₹363 Cr
₹364 Cr
₹332 Cr
₹466 Cr

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

₹301 Cr
₹435 Cr
₹261 Cr
₹226 Cr
₹215 Cr
₹165 Cr
₹169 Cr
₹170 Cr
₹138 Cr
₹160 Cr
₹180 Cr
₹182 Cr
₹141 Cr
₹163 Cr
₹211 Cr

Tanfac Industries Ltd · TANFACIND

₹99 Cr
₹116 Cr
₹106 Cr
₹81 Cr
₹88 Cr
₹103 Cr
₹95 Cr
₹112 Cr
₹178 Cr
₹172 Cr
₹176 Cr
₹169 Cr
₹173 Cr
₹193 Cr
₹187 Cr

Revenue growth · reported quarter history

Archean Chemical Industries Ltd · ACI

111%
99%
19%
2.4%
-14%
-1.0%
13%
-26%
-38%
-17%
-41%
22%
37%
-2.9%
5.4%
-13%
12%

Deepak Nitrite Ltd · DEEPAKNTR

35%
17%
16%
4.8%
-14%
-9.4%
0.9%
8.4%
23%
14%
-5.3%
2.5%
-13%
-6.4%
3.8%
-2.8%
36%

Fischer Medical Ventures Ltd · FISCHER

11,450%
137%
132%
118%
760%
98%
249%

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

7.3%
7.1%
9.0%
-28%
-4.9%
-16%
-32%
9.1%
1.0%
18%
11%
23%

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

-21%
-20%
-9.1%
-19%
-14%
11%
8.0%
53%
7.9%
26%
30%

J.G.Chemicals Ltd · JGCHEM⚠ unverified

-6.7%
18%
39%
30%
24%
7.4%
3.8%
19%
28%
45%

POCL Enterprises Ltd · POEL

-5.2%
27%
67%
10.0%
33%
21%
2.4%
-2.8%
6.8%
-11%
25%

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

-29%
-62%
-35%
-25%
-36%
-3.0%
6.5%
7.1%
2.2%
1.9%
17%

Tanfac Industries Ltd · TANFACIND

-11%
-11%
-10%
38%
102%
67%
85%
51%
-2.8%
12%
6.3%
08 · compare level, then change

Operating Economics & Margin Trend

Indo Borax & Chemicals Ltd has the highest OPM among the 9 Chemicals - Inorganic companies compared here, at 28%. Ganesh Benzoplast Ltd is next at 23%. Deepak Nitrite Ltd has the highest Margin change at +11 percentage points, so level and change sit with different companies. 9 of 9 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Indo Borax & Chemicals Ltd leads opm at 28%; Deepak Nitrite Ltd leads margin change at +11 percentage points.

LeaderIndo Borax & Chemicals Ltd · 28%
Gap21.7% versus #2 · Ganesh Benzoplast Ltd
Persistence3/8 recent comparable periods
Coverage9/9 companies · 169 observations

Investor read: Indo Borax & 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 margin change signal.

Operating margin compares operating profit with revenue. Improvement is measured in percentage points, not percentage growth.
OPMhighest
1Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified28%
2Ganesh Benzoplast Ltd GANESHBE⚠ unverified23%
4Deepak Nitrite Ltd DEEPAKNTR21%
5Tanfac Industries Ltd TANFACIND15%
Margin changefastest expanders
1Deepak Nitrite Ltd DEEPAKNTR+11.0 pp
2Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified+5.0 pp
3J.G.Chemicals Ltd JGCHEM⚠ unverified+2.0 pp
4Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified−1.0 pp
5Tanfac Industries Ltd TANFACIND−1.0 pp
Operating margin · company comparison
9/9 level · 9/9 change
All-company data · latest reported quarter
CompanyOPMMargin changeReported
Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified28%+5.0 ppJun 2026
Ganesh Benzoplast Ltd GANESHBE⚠ unverified23%−7.0 ppJun 2026
Deepak Nitrite Ltd DEEPAKNTR21%+11.0 ppJun 2026
Archean Chemical Industries Ltd ACI21%−6.0 ppJun 2026
Tanfac Industries Ltd TANFACIND15%−1.0 ppJun 2026
Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified14%−1.0 ppJun 2026
Fischer Medical Ventures Ltd FISCHER14%−3.3 ppJun 2026
J.G.Chemicals Ltd JGCHEM⚠ unverified11%+2.0 ppJun 2026
POCL Enterprises Ltd POEL2.5%−3.0 ppJun 2026
Full 20-quarter history · every available company

OPM · reported quarter history

Archean Chemical Industries Ltd · ACI

42%
38%
43%
40%
40%
44%
51%
39%
33%
35%
31%
33%
31%
33%
26%
27%
27%
21%
15%
21%

Deepak Nitrite Ltd · DEEPAKNTR

23%
20%
22%
17%
14%
16%
18%
12%
17%
15%
14%
14%
15%
9.0%
15%
10%
11%
11%
18%
21%

Fischer Medical Ventures Ltd · FISCHER

78%
78%
79%
79%
12%
-2.1%
1.3%
3.2%
5.1%
17%
19%
21%
-3.9%
14%

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

13%
17%
17%
22%
21%
24%
17%
21%
25%
23%
14%
29%
25%
30%
32%
30%
22%
21%
18%
23%

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

27%
25%
27%
28%
22%
32%
28%
22%
22%
21%
25%
33%
24%
27%
20%
23%
18%
21%
20%
28%

J.G.Chemicals Ltd · JGCHEM⚠ unverified

11%
8.0%
3.2%
5.0%
9.0%
9.0%
11%
10%
11%
9.0%
9.0%
8.0%
9.0%
8.0%
11%

POCL Enterprises Ltd · POEL

2.9%
1.2%
3.0%
3.4%
5.7%
2.2%
2.4%
3.2%
2.6%
3.9%
4.3%
3.5%
5.0%
3.8%
5.0%
5.5%
5.0%
4.5%
5.2%
2.5%

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

12%
16%
10%
9.3%
9.9%
9.0%
15%
13%
12%
10%
16%
15%
17%
14%
11%
15%
15%
12%
8.0%
14%

Tanfac Industries Ltd · TANFACIND

21%
24%
15%
16%
17%
23%
22%
23%
19%
17%
16%
16%
24%
28%
21%
16%
16%
15%
16%
15%

Margin change · reported quarter history

Archean Chemical Industries Ltd · ACI

+19.6 pp
+8.2 pp
−1.3 pp
+5.9 pp
+8.0 pp
−1.2 pp
−7.4 pp
−9.0 pp
−20.0 pp
−6.0 pp
−2.0 pp
−2.0 pp
−5.0 pp
−6.0 pp
−4.0 pp
−12.0 pp
−11.0 pp
−6.0 pp

Deepak Nitrite Ltd · DEEPAKNTR

−4.9 pp
−6.7 pp
−9.2 pp
−12.3 pp
−9.2 pp
−4.4 pp
−3.9 pp
−5.3 pp
+3.2 pp
−1.0 pp
−4.0 pp
+2.0 pp
−2.0 pp
−6.0 pp
+1.0 pp
−4.0 pp
−4.0 pp
+2.0 pp
+3.0 pp
+11.0 pp

Fischer Medical Ventures Ltd · FISCHER

−65.7 pp
−79.9 pp
−77.7 pp
−75.8 pp
−7.0 pp
+19.1 pp
+17.5 pp
+18.2 pp
−9.0 pp
−3.3 pp

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

−25.5 pp
−13.7 pp
−0.9 pp
−0.2 pp
+8.3 pp
+7.1 pp
−0.2 pp
−0.7 pp
+4.0 pp
−1.0 pp
−3.0 pp
+8.0 pp
0.0 pp
+7.0 pp
+18.0 pp
+1.0 pp
−3.0 pp
−9.0 pp
−14.0 pp
−7.0 pp

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

+0.4 pp
−3.5 pp
−7.7 pp
−1.2 pp
−4.8 pp
+7.8 pp
+0.6 pp
−6.5 pp
−0.4 pp
−11.3 pp
−3.0 pp
+11.0 pp
+2.0 pp
+6.0 pp
−5.0 pp
−10.0 pp
−6.0 pp
−6.0 pp
0.0 pp
+5.0 pp

J.G.Chemicals Ltd · JGCHEM⚠ unverified

−5.6 pp
+1.0 pp
+7.8 pp
+5.0 pp
+2.0 pp
0.0 pp
−2.0 pp
−2.0 pp
−2.0 pp
−1.0 pp
+2.0 pp

POCL Enterprises Ltd · POEL

−0.3 pp
−2.4 pp
+1.3 pp
+1.4 pp
+2.8 pp
+1.0 pp
−0.6 pp
−0.1 pp
−3.2 pp
+1.7 pp
+1.9 pp
+0.3 pp
+2.4 pp
−0.1 pp
+0.7 pp
+2.0 pp
+0.0 pp
+0.7 pp
+0.3 pp
−3.0 pp

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

−5.6 pp
−1.7 pp
+1.7 pp
−0.2 pp
−2.0 pp
−6.8 pp
+4.7 pp
+3.7 pp
+2.1 pp
+1.0 pp
+1.0 pp
+2.0 pp
+5.0 pp
+4.0 pp
−5.0 pp
0.0 pp
−2.0 pp
−2.0 pp
−3.0 pp
−1.0 pp

Tanfac Industries Ltd · TANFACIND

−4.6 pp
−14.9 pp
+12.3 pp
−16.0 pp
−4.1 pp
−0.6 pp
+7.5 pp
+6.6 pp
+2.5 pp
−6.0 pp
−6.0 pp
−7.0 pp
+5.0 pp
+11.0 pp
+5.0 pp
0.0 pp
−8.0 pp
−13.0 pp
−5.0 pp
−1.0 pp
09 · compare level, then change

Profit Scale & Acceleration

Deepak Nitrite Ltd has the highest Net profit among the 9 Chemicals - Inorganic companies compared here, at ₹784 crore. Archean Chemical Industries Ltd is next at ₹95 crore. Fischer Medical Ventures 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: Deepak Nitrite Ltd leads with ₹784 crore of TTM profit, 725.3% above Archean Chemical Industries Ltd. Fischer Medical Ventures Ltd shows ≥100% on the scoring scale (296.8% uncapped) growth from a ₹24 crore profit base. Compare the size of the base and persistence before ranking acceleration above profit scale.

LeaderDeepak Nitrite Ltd · ₹784 crore
Gap725.3% versus #2 · Archean Chemical Industries Ltd
Persistence3/8 recent comparable periods
Coverage9/9 companies · 149 observations

Investor read: Deepak Nitrite 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
1Deepak Nitrite Ltd DEEPAKNTR₹784 Cr
3Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified₹92 Cr
4J.G.Chemicals Ltd JGCHEM⚠ unverified₹78 Cr
5Ganesh Benzoplast Ltd GANESHBE⚠ unverified₹73 Cr
Profit growthfastest growers
2Ganesh Benzoplast Ltd GANESHBE⚠ unverified87%
3Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified47%
4Deepak Nitrite Ltd DEEPAKNTR29%
5J.G.Chemicals Ltd JGCHEM⚠ unverified16%
Net profit · company comparison
9/9 level · 9/9 change
All-company data · latest reported quarter
CompanyNet profitProfit growthReported
Deepak Nitrite Ltd DEEPAKNTR₹345 Cr208%Jun 2026
Archean Chemical Industries Ltd ACI₹30 Cr-25%Jun 2026
J.G.Chemicals Ltd JGCHEM⚠ unverified₹26 Cr63%Jun 2026
Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified₹25 Cr14%Jun 2026
Ganesh Benzoplast Ltd GANESHBE⚠ unverified₹18 Cr0.0%Jun 2026
Tanfac Industries Ltd TANFACIND₹17 Cr-11%Jun 2026
Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified₹16 Cr60%Jun 2026
POCL Enterprises Ltd POEL₹6 Cr-46%Jun 2026
Fischer Medical Ventures Ltd FISCHER₹4 Cr-22%Jun 2026
Full 20-quarter history · every available company

Net profit · reported quarter history

Archean Chemical Industries Ltd · ACI

₹49 Cr
₹82 Cr
₹84 Cr
₹64 Cr
₹98 Cr
₹137 Cr
₹94 Cr
₹66 Cr
₹102 Cr
₹58 Cr
₹45 Cr
₹16 Cr
₹48 Cr
₹54 Cr
₹40 Cr
₹29 Cr
₹24 Cr
₹12 Cr
₹30 Cr

Deepak Nitrite Ltd · DEEPAKNTR

₹254 Cr
₹242 Cr
₹267 Cr
₹235 Cr
₹174 Cr
₹209 Cr
₹234 Cr
₹150 Cr
₹205 Cr
₹202 Cr
₹254 Cr
₹203 Cr
₹194 Cr
₹98 Cr
₹202 Cr
₹112 Cr
₹119 Cr
₹100 Cr
₹220 Cr
₹345 Cr

Fischer Medical Ventures Ltd · FISCHER

₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹0 Cr
₹-0 Cr
₹0 Cr
₹-0 Cr
₹0 Cr
₹-0 Cr
₹3 Cr
₹-0 Cr
₹0 Cr
₹-0 Cr
₹1 Cr
₹5 Cr
₹14 Cr
₹19 Cr
₹-12 Cr
₹4 Cr

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

₹14 Cr
₹15 Cr
₹15 Cr
₹15 Cr
₹16 Cr
₹16 Cr
₹14 Cr
₹16 Cr
₹16 Cr
₹18 Cr
₹-13 Cr
₹18 Cr
₹24 Cr
₹16 Cr
₹15 Cr
₹18 Cr

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

₹14 Cr
₹13 Cr
₹10 Cr
₹9 Cr
₹8 Cr
₹11 Cr
₹14 Cr
₹9 Cr
₹9 Cr
₹10 Cr
₹10 Cr
₹16 Cr
₹9 Cr
₹15 Cr
₹16 Cr

J.G.Chemicals Ltd · JGCHEM⚠ unverified

₹12 Cr
₹4 Cr
₹4 Cr
₹11 Cr
₹14 Cr
₹16 Cr
₹17 Cr
₹18 Cr
₹16 Cr
₹16 Cr
₹15 Cr
₹18 Cr
₹19 Cr
₹26 Cr

POCL Enterprises Ltd · POEL

₹2 Cr
₹2 Cr
₹3 Cr
₹3 Cr
₹5 Cr
₹7 Cr
₹6 Cr
₹10 Cr
₹6 Cr
₹11 Cr
₹11 Cr
₹8 Cr
₹9 Cr
₹13 Cr
₹6 Cr

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

₹24 Cr
₹71 Cr
₹24 Cr
₹18 Cr
₹17 Cr
₹20 Cr
₹19 Cr
₹25 Cr
₹22 Cr
₹22 Cr
₹22 Cr
₹23 Cr
₹24 Cr
₹20 Cr
₹25 Cr

Tanfac Industries Ltd · TANFACIND

₹16 Cr
₹22 Cr
₹18 Cr
₹11 Cr
₹10 Cr
₹13 Cr
₹11 Cr
₹19 Cr
₹35 Cr
₹23 Cr
₹19 Cr
₹17 Cr
₹16 Cr
₹18 Cr
₹17 Cr

Profit growth · reported quarter history

Archean Chemical Industries Ltd · ACI

925%
342%
100%
67%
12%
3.1%
4.1%
-58%
-52%
-76%
-53%
-6.9%
-11%
81%
-50%
-78%
-25%

Deepak Nitrite Ltd · DEEPAKNTR

-22%
-32%
-14%
-12%
-36%
18%
-3.4%
8.6%
35%
-5.4%
-51%
-20%
-45%
-39%
2.0%
8.9%
208%

Fischer Medical Ventures Ltd · FISCHER

2,058%
-49%
4,693%
-1,050%
-22%

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

14%
6.7%
-6.7%
6.7%
0.0%
13%
-193%
13%
50%
-11%
0.0%

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

-42%
-15%
40%
0.0%
13%
-9.1%
-29%
78%
0.0%
50%
60%

J.G.Chemicals Ltd · JGCHEM⚠ unverified

17%
300%
325%
64%
14%
0.0%
-12%
0.0%
19%
63%

POCL Enterprises Ltd · POEL

149%
298%
99%
191%
21%
48%
80%
-14%
62%
22%
-46%

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

-29%
-72%
-21%
39%
29%
10%
16%
-8.0%
9.1%
-9.1%
14%

Tanfac Industries Ltd · TANFACIND

-38%
-41%
-39%
73%
250%
77%
73%
-11%
-54%
-22%
-11%
10 · compare level, then change

Return On Capital Employed

POCL Enterprises Ltd has the highest ROCE among the 9 Chemicals - Inorganic companies compared here, at 26.4%. Tanfac Industries Ltd is next at 23.9%. Fischer Medical Ventures Ltd has the highest ROCE change at +9.2 percentage points, so level and change sit with different companies. 9 of 9 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: POCL Enterprises Ltd leads ROCE at 26.4%, 2.5 percentage points above Tanfac Industries Ltd. Fischer Medical Ventures Ltd has the strongest latest improvement at +9.2 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.

LeaderPOCL Enterprises Ltd · 26.4%
Gap10.5% versus #2 · Tanfac Industries Ltd
PersistenceNot enough history
Coverage9/9 companies · 104 observations

Investor read: POCL Enterprises 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
2Tanfac Industries Ltd TANFACIND24%
3J.G.Chemicals Ltd JGCHEM⚠ unverified18%
4Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified15%
5Ganesh Benzoplast Ltd GANESHBE⚠ unverified15%
ROCE changefastest improvers
2Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified−0.9 pp
3Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified−2.3 pp
4Deepak Nitrite Ltd DEEPAKNTR−2.9 pp
5J.G.Chemicals Ltd JGCHEM⚠ unverified−2.9 pp
Return on capital · company comparison
9/9 level · 9/9 change
All-company data · latest reported quarter
CompanyROCEROCE changeReported
J.G.Chemicals Ltd JGCHEM⚠ unverified14%−2.9 ppJun 2026
Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified12%−2.3 ppJun 2026
Deepak Nitrite Ltd DEEPAKNTR10%−2.9 ppJun 2026
Ganesh Benzoplast Ltd GANESHBE⚠ unverified9.9%−3.9 ppJun 2026
Fischer Medical Ventures Ltd FISCHER9.7%+9.2 ppJun 2026
Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified7.7%−0.9 ppJun 2026
Archean Chemical Industries Ltd ACI6.6%−4.1 ppJun 2026
Full 20-quarter history · every available company

ROCE · reported quarter history

Archean Chemical Industries Ltd · ACI

26%
34%
36%
30%
35%
21%
21%
15%
13%
11%
11%
9.9%
10%
6.6%

Deepak Nitrite Ltd · DEEPAKNTR

44%
39%
32%
26%
23%
25%
19%
25%
17%
19%
13%
14%
9.8%
12%
10%

Fischer Medical Ventures Ltd · FISCHER

-138%
83%
54%
5.0%
8.4%
-4.5%
2.0%
3.5%
1.7%
8.1%
0.5%
6.1%
5.4%
22%
9.7%

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

17%
14%
15%
16%
22%
16%
20%
13%
17%
12%
17%
14%
10%
13%
11%
9.9%

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

28%
23%
23%
25%
20%
21%
15%
20%
15%
20%
14%
17%
12%
18%
12%

J.G.Chemicals Ltd · JGCHEM⚠ unverified

11%
22%
26%
33%
16%
10%
20%
16%
25%
17%
21%
15%
19%
14%

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

18%
22%
20%
20%
17%
20%
12%
13%
10%
14%
8.6%
13%
7.9%
12%
7.7%

ROCE change · reported quarter history

Archean Chemical Industries Ltd · ACI

+9.4 pp
−15.3 pp
−14.9 pp
−22.2 pp
−9.8 pp
−9.9 pp
−5.1 pp
−2.5 pp
−4.1 pp

Deepak Nitrite Ltd · DEEPAKNTR

−12.7 pp
−12.8 pp
−9.0 pp
−7.9 pp
−5.4 pp
−6.0 pp
−5.2 pp
−10.5 pp
−7.4 pp
−7.7 pp
−2.9 pp

Fischer Medical Ventures Ltd · FISCHER

+191.6 pp
−77.7 pp
−45.4 pp
−3.0 pp
−6.7 pp
+12.6 pp
−1.5 pp
+2.6 pp
+3.7 pp
+14.3 pp
+9.2 pp

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

−1.7 pp
+1.7 pp
+1.2 pp
−3.0 pp
−4.9 pp
−4.4 pp
−2.8 pp
+0.7 pp
−7.0 pp
+1.0 pp
−6.4 pp
−3.9 pp

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

−5.1 pp
+1.5 pp
−2.7 pp
−9.8 pp
−5.5 pp
−1.1 pp
−0.8 pp
−3.3 pp
−2.9 pp
−2.0 pp
−2.3 pp

J.G.Chemicals Ltd · JGCHEM⚠ unverified

−9.8 pp
−22.6 pp
+9.0 pp
+7.0 pp
+0.8 pp
−1.0 pp
−6.7 pp
−2.9 pp

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

+2.2 pp
−2.4 pp
−3.5 pp
−8.1 pp
−6.6 pp
−6.8 pp
−3.2 pp
+0.8 pp
−2.2 pp
−1.4 pp
−0.9 pp
11 · compare level, then change

Valuation Against Growth & Quality

Deepak Nitrite Ltd has the lowest PEG among the 9 Chemicals - Inorganic companies compared here, at 0.61×. Archean Chemical Industries Ltd is next at 0.83×. Sree Rayalaseema Hi-Strength Hypo Ltd has the lowest P/E at 9.12×, so level and change sit with different companies. 2 of 9 companies report a comparable reading, the latest through Jun 2026.

What the numbers say: Deepak Nitrite Ltd has the lowest comparable PEG at 0.61×, 26.5% below Archean Chemical Industries Ltd. Only 2 of 9 companies have earnings and growth steady enough for the ratio to mean anything, so no broad “cheapest stock” conclusion is defensible unless the current multiple, own-history position and growth durability agree.

LeaderDeepak Nitrite Ltd · 0.61×
Gap26.5% versus #2 · Archean Chemical Industries Ltd
Persistence0/8 recent comparable periods
Coverage2/9 companies · 3 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 feeds agreed. Where any of that fails the ratio is left out rather than printed: a P/E divided by a loss, or by growth measured off a tiny base, is a number that looks precise and means nothing.
PEGlowest PEG
1Deepak Nitrite Ltd DEEPAKNTR0.6
P/Elowest P/E
1Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified9.1
3Ganesh Benzoplast Ltd GANESHBE⚠ unverified14.5
4Deepak Nitrite Ltd DEEPAKNTR27.3
5J.G.Chemicals Ltd JGCHEM⚠ unverified30.9
Valuation · company comparison
2/9 level · 9/9 change
All-company data · latest reported quarter
CompanyPEGP/EReported
Archean Chemical Industries Ltd ACI0.862.6Jun 2026
Deepak Nitrite Ltd DEEPAKNTR0.639.5Jun 2026
Tanfac Industries Ltd TANFACIND68.7Jun 2026
Fischer Medical Ventures Ltd FISCHER78.9Jun 2026
J.G.Chemicals Ltd JGCHEM⚠ unverified24.8Jun 2026
Indo Borax & Chemicals Ltd INDOBORAX⚠ unverified28.5Jun 2026
Ganesh Benzoplast Ltd GANESHBE⚠ unverified11.2Jun 2026
Sree Rayalaseema Hi-Strength Hypo Ltd SRHHYPOLTD⚠ unverified8.4Jun 2026
POCL Enterprises Ltd POEL12.7Jun 2026
Full 20-quarter history · every available company

PEG · reported quarter history

Archean Chemical Industries Ltd · ACI

0.8

Deepak Nitrite Ltd · DEEPAKNTR

2.7
0.6

P/E · reported quarter history

Archean Chemical Industries Ltd · ACI

27.1
33.5
27.6
17.7
20.3
20.7
27.4
31.8
32.3
32.1
44.4
44.9
38.2
51.3
62.6

Deepak Nitrite Ltd · DEEPAKNTR

34.6
31.9
27.9
23.0
27.8
29.5
28.4
34.8
37.7
42.4
36.6
45.3
49.0
44.3
39.2
38.8
41.5
45.3
33.9
39.5

Fischer Medical Ventures Ltd · FISCHER

-39.8
3,711.1
1,830.9
2,123.3
2,115.7
2,333.0
1,795.4
4,328.0
1,135.5
142.4
63.9
78.9

Ganesh Benzoplast Ltd · GANESHBE⚠ unverified

26.4
52.3
62.4
21.5
21.9
19.9
20.9
17.5
16.6
17.5
19.7
16.5
16.4
15.1
11.5
8.7
7.6
7.0
6.8
11.2

Indo Borax & Chemicals Ltd · INDOBORAX⚠ unverified

15.5
11.4
10.7
9.2
10.8
10.4
6.9
8.6
10.7
16.0
12.9
14.5
16.3
13.8
12.5
15.9
19.2
21.8
19.9
28.5

J.G.Chemicals Ltd · JGCHEM⚠ unverified

10.1
13.8
50.2
28.0
19.1
24.5
24.8
22.3
19.8
24.8

POCL Enterprises Ltd · POEL

21.0
18.1
11.2
12.7

Sree Rayalaseema Hi-Strength Hypo Ltd · SRHHYPOLTD⚠ unverified

8.8
8.2
10.3
6.9
11.4
7.1
5.8
8.0
7.3
7.0
6.3
10.9
15.8
15.8
9.5
12.5
10.3
9.5
7.2
8.4

Tanfac Industries Ltd · TANFACIND

17.3
13.5
12.4
9.2
20.5
23.4
24.5
34.4
29.4
36.0
31.6
41.0
43.9
56.2
37.1
41.7
47.9
44.1
51.3
68.7
12 · before the conclusion, check the blind spots

What can make this comparison misleading?

This Chemicals - Inorganic comparison names 6 specific ways its own evidence can mislead, all listed below. All 9 companies here report on comparable dates, so no rank carries a stale marker. 4 draw at least one figure from a second feed with too little overlap to cross-check. A high growth rate can still be a low-base artefact.

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.
  • 4 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.
  • Thin comparisons: Valuation have fewer than three usable current readings.
13 · evidence and freshness

How was this comparison built?

This comparison is built from the reported filings of 9 Chemicals - Inorganic 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 2026-09-11. 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 2026-09-11 · weekly price and relative-strength history
Derived metricsGrowth, changes and PEG 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 standing3 cross-checked · 6 unverified · 0 withheld, of 9 graded companies.
How a second data feed is admitted, and what happens when it disagrees

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.

14 · questions investors ask, short speakable answers

Chemicals - Inorganic company comparison FAQs

These 24 answers restate the Chemicals - Inorganic comparison above in question form. Every one is computed from the same 9 companies and the same reported filings as the rankings and charts, current through Jun 2026. Price and relative-strength answers run through 2026-09-11. Nothing here is estimated, and none of it is a recommendation.

Is the Chemicals - Inorganic sector outperforming NIFTY 500?

Chemicals - Inorganic has underperformed NIFTY 500 by 0.1% over 52 weeks and 13.8% over 13 weeks. 5 of 9 covered companies beat NIFTY on Mansfield relative strength, while 2 of 9 beat the sector itself.

Which Chemicals - Inorganic company is largest by revenue?

Deepak Nitrite Ltd leads with revenue of ₹8,575 crore, based on 9 of 9 comparable companies through Jun 2026.

Which Chemicals - Inorganic company is growing fastest?

Fischer Medical Ventures Ltd has the fastest current revenue growth at 100%, across 9 of 9 comparable companies.

Which Chemicals - Inorganic company has the strongest 4-Factor Sector Score?

Indo Borax & Chemicals Ltd ranks first at 67.4/100 with 87% evidence confidence. The score prioritizes research; it is not a buy recommendation.

Which Chemicals - Inorganic company has the lowest comparable PEG?

Deepak Nitrite Ltd has the lowest comparable PEG at 0.61, among 2 of 9 companies whose earnings and growth are steady enough for the ratio to mean anything.

How much history does this Chemicals - Inorganic comparison include?

The page compares up to 20 reported quarters per company for fundamentals, returns 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.

Is there a Nifty Chemicals - Inorganic index?

NSE India maintains Nifty indices for several broad sector categories — Nifty Bank, Nifty IT, Nifty Pharma and others — but not for every sub-sector grouping on this site. Whether or not an official Nifty index covers Chemicals - Inorganic, this page builds its own equal-weight basket of 9 listed Chemicals - Inorganic companies — one company, one vote, regardless of market value — so no single large company dominates the reading. Figures are as of Jun 2026.

Which are the best Chemicals - Inorganic stocks in India?

Ranked by this page's four-factor score, Indo Borax & Chemicals Ltd places first among 9 listed Chemicals - Inorganic companies, followed by Tanfac Industries 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 Chemicals - Inorganic stocks are listed in India?

This comparison covers 9 listed Chemicals - Inorganic 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 Chemicals - Inorganic company is the biggest?

Deepak Nitrite Ltd is the largest, with trailing-twelve-month revenue of ₹8,575 crore, ahead of POCL Enterprises Ltd at ₹1,525 crore. That covers 9 of 9 companies with comparable reporting through Jun 2026.

Which Chemicals - Inorganic company has the best profit margins?

Indo Borax & Chemicals Ltd has the highest operating margin at 28%, from 9 of 9 comparable companies. Deepak Nitrite Ltd shows the biggest recent improvement, at +11 percentage points. A high margin matters most when it is holding or rising, not when it is peaking.

Which Chemicals - Inorganic company makes the most profit?

Deepak Nitrite Ltd earns the most, at ₹784 crore of trailing-twelve-month net profit, from 9 of 9 comparable companies. Fischer Medical Ventures Ltd has the fastest profit growth at the ≥100% scoring cap, though growth off a small or recovering profit base overstates how much has actually changed.

Which Chemicals - Inorganic company earns the highest return on capital?

POCL Enterprises Ltd leads on return on capital employed at 26.4%, across 9 of 9 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 Chemicals - Inorganic stock is the cheapest?

On PEG — where a LOWER number is cheaper — Deepak Nitrite Ltd screens cheapest at 0.61×. Only 2 of 9 companies have earnings and growth steady enough for the ratio to mean anything, 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.

Is the Chemicals - Inorganic sector beating the market?

Chemicals - Inorganic has underperformed NIFTY 500 by 0.1% over the last 52 weeks and 13.8% over 13 weeks, measured on an equal-weight index of its current members. Inside the sector, 5 of 9 covered companies are beating the market on their own. Sector strength does not transfer evenly to every stock in it.

Which Chemicals - Inorganic stock has the strongest price momentum?

Indo Borax & Chemicals 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 Chemicals - Inorganic company scores highest for research priority?

Indo Borax & Chemicals Ltd scores 67.4 out of 100 with 87% evidence confidence, from 26.9 points on growth and earnings, 17.9 on capital efficiency, 6.2 on valuation and 16.4 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 Chemicals - Inorganic companies does this comparison cover, and over what period?

It compares 9 listed companies over up to 20 reported quarters of fundamentals, 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 Chemicals - Inorganic sector?

The 9 Chemicals - Inorganic companies on this page carry ₹43,436 crore of combined market value. Deepak Nitrite Ltd is the largest at ₹21,656 crore, about 50% of the sector's total on its own. Market value moves with price, so this reading is dated 2026-09-17.

What is the Chemicals - Inorganic sector's P/E ratio?

The median price-to-earnings ratio across the 9 Chemicals - Inorganic companies on this page is 30.9×, measured on the 9 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 2026-09-17.

How is the Chemicals - Inorganic sector performing?

5 of the 9 covered Chemicals - Inorganic companies are beating NIFTY 500 on Mansfield relative strength. The sector itself is 0.1% behind NIFTY 500 over 52 weeks on an equal-weight index of its current members. Readings are as of 2026-09-17.

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.

Not SEBI Registered !! Not Investment advice !!

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