Chemicals - Organic — sector analysis & key numbers
Chemicals - Organic is turning around off a trough: 8 of 19 constituents are in price uptrends, and aggregate profit fell 8% in the latest year.
Chemicals - Organic groups 20 listed companies worth ₹68,788 Cr combined, and 8 of 19 are in confirmed price uptrends. Aggregate profit moved +38.3% year-on-year in the latest reported quarter. The sector trades at an aggregate P/E of 32.3×, at the 64th percentile of its own history.
Data as of 1 July 2026 · every number traces to its Screener source column · not investment advice.
- Companies
- 20
- Total market cap
- ₹68,788 Cr
- Relative strength
- 61.9
- RRG quadrant
- narrowing
- Weeks in streak
- 12
- In Stage-2 uptrend
- 8 of 19
- Above 200-DMA
- 11 of 19
- Beating NIFTY 500
- 11 of 19
- Latest-quarter revenue
- ₹7,242 Cr
- Latest-quarter profit
- ₹498 Cr
- Aggregate P/E
- 32.3×
- Valuation percentile
- 64th of its own history
- Sector wind
- headwind
- Data as of
- 1 July 2026
The research read on Chemicals - Organic: turning around off a trough.lifecycle_bucket
All three streams agree on the SHAPE — a depressed-margin organic-chemicals sector attempting to turn off a destocking trough, with the latest curve quarter (operating margin 8.5%→9.6%, PAT 498 Cr) the first hard inflection print and the gate ranking it strongly (rank 16, curve 74, RRG 77.3, rs_3m +21.78). But the DISAGREEMENTS force conviction to the floor: (1) the deterministic ground is normalized cheap but falling — margins at the 0th percentile and still falling, an explicit falling-knife label, not a confirmed study; (2) the move is re-rating-led — the multiple ran +165.5% ahead of +48.7% earnings, the #1 false-positive pattern; (3) aggregate three-year ΔPAT is NEGATIVE (-2,222 Cr) with GFL alone dragging 98.6% of it, so the 'sector' earnings decline is concentrated and breadth is thin; (4) qual is WEAK/on watch, gating on Hormuz feedstock resolution and volume-led margins; (5) social has fallen to 48 and is a shared super-group basket. Lifecycle is turning around with a confirming RRG start, which floors conviction at 55 — but the falling margin direction, re-rating-led move and negative concentrated ΔPAT are cited reasons the turn is not yet confirmed, holding conviction exactly at the floor.synthesis
What would change this view: Two consecutive quarters of rising operating margin off the 9.6% print AND aggregate PAT turning positive ex-GFL would flip this from a falling knife to a confirmed earnings-led turn and justify scoring well above the floor; conversely, the Mar-2026 margin tick proving a head-fake and operating margin rolling back toward 8% confirms a peak-margin-mean-reversion falling knife and pushes conviction below the floor.would_change_my_mind
Specialty/CRAMS volumes inflecting off the end of the destocking cycle and battery-materials optionality building, but Hormuz feedstock spikes, Chinese dumping and export tariffs cap the near-term recovery.one_line_thesis
- ✓Sector revenue rose to an all-time high ~29,092 Cr in FY2025 (from 8,034 Cr in FY2015); FY2026 annual not yet fully reported (null). · chemicals-organic.json (curve.annual_fundamentals.revenue)
- ✓Sector operating margin peaked at 30.14% in FY2023 then collapsed to 10.85% (FY2024) and 9.73% (FY2025) — the lowest annual reading in the array. · chemicals-organic.json (curve.annual_fundamentals.opm)
- ⚠Sector PAT peaked at 3,982 Cr in FY2023 then halved to 1,931 (FY2024) and slid to 1,779 (FY2025) despite rising revenue. · chemicals-organic.json (curve.annual_fundamentals.pat)
- ✓Quarterly operating margin bottomed at 8.46% (2025-12) and ticked to 9.61% (2026-03) with PAT recovering to 498 Cr — the first inflection datapoint. · chemicals-organic.json (curve.quarterly_fundamentals)
- ⚠Deterministic curve_move_driver=re-rating-led: multiple +165.5% over 12q ran far ahead of aggregate earnings +48.7% while price barely moved (+4.1%). · chemicals-organic.json (sector_cycle_deterministic.curve_move_driver)
- ⚠Deterministic verdict normalized cheap but falling: operating margin 9.7% at the 0th percentile vs mid-cycle 16.65% (falling); trailing PE 50th → normalized PE 28th percentile — cheap optically but a falling knife. · chemicals-organic.json (sector_cycle_deterministic.verdict)
- ⚠Aggregate three-year ΔPAT is NEGATIVE -2,222 Cr, with GFLLIMITED dragging 98.6% of it; BASF lifted +397 Cr; BALAMINES dragged -237 Cr. · chemicals-organic.json (sector_cycle_deterministic.top_contributors)
- ✓The gate ranks it strongly: rank 16, curve_score 74, RRG_score 77.3, final 75.65, rs_3m +21.78, rs_1m +7.85 — a confirming RRG start. · chemicals-organic.json (meta)
Research view from 2026-06-27
8 of 19 constituents are in Stage-2 price uptrends, 11 trade above their 200-day averages, and 11 are beating the NIFTY 500 on relative strength.stageabove_dma200rs_mansfield
Over the trailing ~20 weeks, the share of constituents above the 200-day line moved from 17% to 56% — participation is widening.breadth_series
Sector relative strength stands at 61.9, in the narrowing quadrant of the rotation map, with relative strength rising over a 12-week streak.current_rsquadrant
Recent stage changes: BALAMINES (stage 4→2), ELANTAS (stage 4→1), INDOAMIN (stage 4→2), KERALACHEM (stage 1→2).stage
Data: Breadth trend
| Period | % above 200-DMA (%) | % beating NIFTY (%) |
|---|---|---|
| Feb 26 | 16.7 | 6.7 |
| Feb 26 | 16.7 | 6.7 |
| Feb 26 | 27.8 | 20.0 |
| Mar 26 | 16.7 | 13.3 |
| Mar 26 | 13.3 | 16.7 |
| Mar 26 | 20.0 | 25.0 |
| Mar 26 | 6.7 | 23.1 |
| Mar 26 | 16.7 | 33.3 |
| Apr 26 | 28.6 | 42.9 |
| Apr 26 | 29.4 | 20.0 |
| Apr 26 | 29.4 | 20.0 |
| Apr 26 | 41.2 | 26.7 |
| May 26 | 76.5 | 46.7 |
| May 26 | 47.1 | 40.0 |
| May 26 | 52.9 | 40.0 |
| May 26 | 58.8 | 46.7 |
| Jun 26 | 58.8 | 53.3 |
| Jun 26 | 56.3 | 46.7 |
| Jun 26 | 62.5 | 60.0 |
| Jun 26 | 56.3 | 60.0 |
Data as of 2026-07-01
Top performers by 1-year price return: Shri Ahimsa Naturals Ltd (+196.4%), Nitta Gelatin India Ltd (+113.4%), Sacheerome Ltd (+97.3%), Balaji Amines Ltd (+16.2%), Foseco India Ltd (+6.2%).price
Data: Indexed price (base 100, ~52 weeks) — default top-5
| Period | SHRIAHIMSA (index) | KERALACHEM (index) | SACHEEROME (index) | BALAMINES (index) | FOSECOIND (index) | Sector avg (index) |
|---|---|---|---|---|---|---|
| Jul 25 | 100 | 100 | 100 | 100 | 100 | 100 |
| Jul 25 | 111 | 96.4 | 88.3 | 98.2 | 104 | 101 |
| Jul 25 | 117 | 94.2 | 83.8 | 93.7 | 101 | 97.9 |
| Aug 25 | 131 | 94.7 | 97.6 | 94.2 | 111 | 97.6 |
| Aug 25 | 127 | 82.3 | 86.8 | 85.5 | 100 | 91.4 |
| Aug 25 | 122 | 84.2 | 89.4 | 86.3 | 101 | 91.6 |
| Aug 25 | 131 | 83.9 | 84.4 | 85.4 | 134 | 95.2 |
| Aug 25 | 143 | 82.5 | 95.9 | 81.2 | 129 | 94.4 |
| Sep 25 | 143 | 85.4 | 95.4 | 82.9 | 134 | 95.4 |
| Sep 25 | 154 | 90.5 | 101 | 83.8 | 127 | 98.3 |
| Sep 25 | 158 | 93.3 | 109 | 82.6 | 125 | 99.3 |
| Sep 25 | 146 | 88.9 | 100 | 78.6 | 120 | 93.3 |
| Oct 25 | 148 | 88.6 | 105 | 79.0 | 116 | 94.7 |
| Oct 25 | 148 | 84.8 | 99.8 | 76.3 | 114 | 92.7 |
| Oct 25 | 149 | 86.3 | 97.0 | 76.1 | 119 | 91.7 |
| Oct 25 | 158 | 86.8 | 103 | 77.7 | 117 | 94.0 |
| Oct 25 | 161 | 90.2 | 106 | 78.5 | 118 | 93.0 |
| Nov 25 | 175 | 83.8 | 104 | 77.9 | 114 | 92.1 |
| Nov 25 | 178 | 82.6 | 147 | 68.5 | 113 | 92.0 |
| Nov 25 | 172 | 82.6 | 170 | 65.7 | 108 | 91.4 |
| Nov 25 | 179 | 83.1 | 172 | 64.2 | 108 | 91.2 |
| Dec 25 | 165 | 81.5 | 162 | 62.8 | 110 | 88.1 |
| Dec 25 | 159 | 81.5 | 195 | 62.4 | 108 | 88.7 |
| Dec 25 | 155 | 82.8 | 169 | 62.2 | 104 | 87.0 |
| Dec 25 | 162 | 81.8 | 163 | 62.6 | 103 | 87.8 |
| Jan 26 | 158 | 82.3 | 180 | 61.8 | 102 | 88.4 |
| Jan 26 | 155 | 79.8 | 196 | 64.9 | 99.0 | 86.6 |
| Jan 26 | 155 | 79.8 | 187 | 71.0 | 95.9 | 84.9 |
| Jan 26 | 152 | 78.4 | 175 | 62.9 | 93.5 | 80.1 |
| Feb 26 | 146 | 86.8 | 177 | 62.7 | 91.0 | 80.7 |
| Feb 26 | 177 | 84.5 | 177 | 62.7 | 98.9 | 85.3 |
| Feb 26 | 173 | 85.7 | 170 | 60.1 | 99.2 | 84.6 |
| Feb 26 | 156 | 85.9 | 174 | 60.7 | 98.0 | 82.3 |
| Feb 26 | 159 | 84.6 | 186 | 60.6 | 111 | 82.7 |
| Mar 26 | 154 | 82.0 | 182 | 58.2 | 107 | 78.8 |
| Mar 26 | 150 | 80.7 | 177 | 55.8 | 98.4 | 78.8 |
| Mar 26 | 158 | 81.6 | 156 | 59.5 | 109 | 79.1 |
| Mar 26 | 161 | 78.5 | 134 | 57.6 | 101 | 73.9 |
| Apr 26 | 154 | 80.0 | – | 59.4 | – | 80.8 |
| Apr 26 | 160 | 82.6 | – | 60.0 | – | 83.1 |
| Apr 26 | 175 | 86.3 | 172 | 63.5 | 97.3 | 86.8 |
| Apr 26 | 176 | 93.1 | 169 | 69.7 | 97.7 | 86.5 |
| Apr 26 | 176 | 98.5 | 159 | 74.3 | 97.9 | 86.8 |
| May 26 | 172 | 128 | 167 | 82.9 | 105 | 92.9 |
| May 26 | 192 | 134 | 154 | 95.1 | 105 | 91.8 |
| May 26 | 194 | 143 | 160 | 102 | 105 | 94.0 |
| May 26 | 198 | 163 | 158 | 98.9 | 103 | 95.7 |
| Jun 26 | 242 | 165 | 154 | 114 | 100 | 99.3 |
| Jun 26 | 229 | – | 157 | 119 | 102 | 95.7 |
| Jun 26 | 244 | – | 155 | 119 | 109 | 99.7 |
| Jun 26 | 282 | – | 151 | 111 | 108 | 101 |
| Jul 26 | 288 | – | 151 | 117 | 110 | 102 |
Data: Quarterly revenue (8q) — default top-5
| Period | SHRIAHIMSA (₹ Cr) | KERALACHEM (₹ Cr) | SACHEEROME (₹ Cr) | BALAMINES (₹ Cr) | FOSECOIND (₹ Cr) | Sector avg (₹ Cr) |
|---|---|---|---|---|---|---|
| Jun 24 | – | 131 | – | 385 | – | 414 |
| Sep 24 | 41.0 | 132 | 50.0 | 347 | – | 401 |
| Dec 24 | – | 135 | – | 313 | 136 | 385 |
| Mar 25 | 55.0 | 129 | 57.0 | 353 | 149 | 348 |
| Jun 25 | – | 139 | – | 358 | – | 421 |
| Sep 25 | 61.0 | 138 | 77.0 | 341 | 151 | 371 |
| Dec 25 | – | 150 | – | 331 | 189 | 401 |
| Mar 26 | 63.0 | 162 | 76.0 | 395 | 202 | 426 |
Data: Quarterly net profit (8q) — default top-5
| Period | SHRIAHIMSA (₹ Cr) | KERALACHEM (₹ Cr) | SACHEEROME (₹ Cr) | BALAMINES (₹ Cr) | FOSECOIND (₹ Cr) | Sector avg (₹ Cr) |
|---|---|---|---|---|---|---|
| Jun 24 | – | 19.0 | – | 46.0 | – | 31.6 |
| Sep 24 | 10.0 | 20.0 | 7.0 | 41.0 | – | 22.6 |
| Dec 24 | – | 24.0 | – | 31.0 | 20.0 | 22.8 |
| Mar 25 | 12.0 | 19.0 | 9.0 | 40.0 | 22.0 | 18.1 |
| Jun 25 | – | 19.0 | – | 37.0 | – | 20.1 |
| Sep 25 | 15.0 | 26.0 | 15.0 | 37.0 | 16.0 | 22.6 |
| Dec 25 | – | 31.0 | – | 31.0 | 15.0 | 20.5 |
| Mar 26 | 15.0 | 34.0 | 14.0 | 65.0 | 33.0 | 29.4 |
Data: Operating margin % (8q) — default top-5
| Period | SHRIAHIMSA (%) | KERALACHEM (%) | SACHEEROME (%) | BALAMINES (%) | FOSECOIND (%) | Sector avg (%) |
|---|---|---|---|---|---|---|
| Jun 24 | – | 21.0 | – | 17.0 | – | -230 |
| Sep 24 | 34.0 | 19.0 | 19.0 | 17.0 | – | -2.2 |
| Dec 24 | – | 20.0 | – | 15.0 | 17.0 | 18.4 |
| Mar 25 | 30.0 | 18.0 | 22.0 | 17.0 | 18.0 | -117 |
| Jun 25 | – | 20.0 | – | 15.0 | – | -50.2 |
| Sep 25 | 30.0 | 19.0 | 25.0 | 18.0 | 18.0 | 18.0 |
| Dec 25 | – | 25.0 | – | 17.0 | 22.0 | 16.8 |
| Mar 26 | 28.0 | 28.0 | 23.0 | 24.0 | 20.0 | 16.1 |
Data: Latest reported ROCE / ROE (single latest reading, not a trend) — default top-5
| Period | SHRIAHIMSA (%) | KERALACHEM (%) | SACHEEROME (%) | BALAMINES (%) | FOSECOIND (%) | Sector avg (%) |
|---|---|---|---|---|---|---|
| ROCE % | 21.7 | 31.3 | 35.7 | 11.0 | 17.4 | -92.2 |
| ROE % | 16.7 | 24.9 | 27.0 | 8.7 | 12.6 | 12.7 |
Data: 10-year valuation percentile (latest) — default top-5
| Period | SHRIAHIMSA (percentile) | KERALACHEM (percentile) | SACHEEROME (percentile) | BALAMINES (percentile) | Sector avg (percentile) |
|---|---|---|---|---|---|
| 10y percentile | 83.0 | 10.0 | 33.0 | 95.0 | 57.5 |
Interactive charts default to the five strongest performers by 1-year price return; use the rail to add or remove any constituent, globally or per chart. Non-interactive readers see the same numbers in each chart’s data table.
Data as of 2026-07-01
In the latest reported quarter (2026-03), constituents together booked ₹7,242 Cr of revenue (+4.1% year-on-year) and ₹498 Cr of profit (+38.3%).revenuepat
Reporting honesty note: 17 of the constituents have reported this quarter versus 20 a year ago, so part of the year-on-year change is composition, not like-for-like growth.reporters
On the annual arc, aggregate profit fell 8% to ₹1,779 Cr in 2025.pat
Data: Aggregate quarterly revenue
| Period | Revenue (₹ Cr) | Reporters |
|---|---|---|
| Jun 23 | 3,005 | 14 |
| Sep 23 | 2,891 | 15 |
| Dec 23 | 6,065 | 16 |
| Mar 24 | 6,426 | 16 |
| Jun 24 | 7,039 | 17 |
| Sep 24 | 7,612 | 19 |
| Dec 24 | 6,932 | 18 |
| Mar 25 | 6,958 | 20 |
| Jun 25 | 7,151 | 17 |
| Sep 25 | 7,420 | 20 |
| Dec 25 | 7,214 | 18 |
| Mar 26 | 7,242 | 17 |
Data: Aggregate quarterly profit
| Period | Profit after tax (₹ Cr) |
|---|---|
| Jun 23 | 311 |
| Sep 23 | 301 |
| Dec 23 | 426 |
| Mar 24 | 483 |
| Jun 24 | 536 |
| Sep 24 | 429 |
| Dec 24 | 410 |
| Mar 25 | 360 |
| Jun 25 | 341 |
| Sep 25 | 451 |
| Dec 25 | 369 |
| Mar 26 | 498 |
Data: Aggregate operating margin
| Period | OPM (%) |
|---|---|
| Jun 23 | 15.7 |
| Sep 23 | 13.9 |
| Dec 23 | 10.4 |
| Mar 24 | 11.3 |
| Jun 24 | 11.1 |
| Sep 24 | 9.3 |
| Dec 24 | 9.3 |
| Mar 25 | 8.4 |
| Jun 25 | 9.1 |
| Sep 25 | 8.9 |
| Dec 25 | 8.5 |
| Mar 26 | 9.6 |
Data: Aggregate profit by year
| Period | Profit after tax (₹ Cr) |
|---|---|
| 2015 | 780 |
| 2016 | 860 |
| 2017 | 580 |
| 2018 | 663 |
| 2019 | 1,950 |
| 2020 | 487 |
| 2021 | 532 |
| 2022 | 1,196 |
| 2023 | 3,982 |
| 2024 | 1,931 |
| 2025 | 1,779 |
| 2026 | – |
Data: Operating margin by year
| Period | OPM (%) |
|---|---|
| 2015 | 16.8 |
| 2016 | 17.5 |
| 2017 | 17.3 |
| 2018 | 16.7 |
| 2019 | 16.0 |
| 2020 | 13.7 |
| 2021 | 17.2 |
| 2022 | 16.5 |
| 2023 | 30.1 |
| 2024 | 10.9 |
| 2025 | 9.7 |
| 2026 | – |
Data as of 2026-06-27
Sector revenue moved from ₹26,663 Cr to ₹29,092 Cr (+9.1% year-on-year).revenue
Aggregate operating margin moved 10.8%→9.7% year-on-year (-112 basis points).opm
The aggregate P/E moved from 12.2× to 32.3× (+165.5%) while sector profits moved +48.7% — the multiple ran ahead of earnings — the pattern that most often disappoints.pe
Capital cycle: the capital-flow signals are mixed — institutions and capex point in opposite directions, with constituent capex running +28.5% year-on-year.readcapex_yoy_pct
Sector Σrevenue +9.1% but ΣPAT only -7.9% — topline not converting; aggregate net margin (-1.13pp) / cost is the gap.
revenuepat_marginSector aggregate OPM -112bps down — split input-cost (raw material / commodity) vs mix vs operating-deleverage; capex ramp (new capacity not yet utilized) also drags. Corroborate the driver in the qual bundle.
opmpat_marginSector PE expanded +165.5% while aggregate ΣPAT only +48.7% over ~3y — the MULTIPLE ran ahead of earnings (the #1 false-positive: re-rating without EPS). Demand the EPS to grow INTO the multiple before treating the sector as a fresh setup; cite the ΣPAT curve.
peprice_idxpatCapital is ENTERING (read=MIXED; capex +28.53%, FII+DII -0.3pp) — crowding in + a capex surge LATE in the cycle is a HEADWIND (supply coming, competition for returns). Check whether the inflow is EARLY (depressed valuation, fresh turn) or LATE (chasing a run).
capex_yoy_pctfii_dii_delta_4qcwip_growth_pctSector breadth WIDENING — % above 200-DMA 19→58% over the trailing weeks: broad participation corroborates a genuine sector-wide turn rather than a few-name move.
pct_above_200dmapct_outperformingResearch view from 2026-06-27
Ownership: institutional (FII+DII) holdings moved -0.3 percentage points over four quarters; promoter stakes moved -0.4 points over two.fii_dii_delta_4qpromoter_delta_2q
Constituents spent ₹2,496 Cr on capex in the trailing twelve months (+28.5% year-on-year), with gross block growing +20.4%.capex_ttm_sum_crcapex_yoy_pct
The deterministic capital-flow signals are mixed — institutions and capex point in opposite directions for this industry.read
Research view from 2026-06-27
The sector trades at an aggregate P/E of 32.31× against a range of 8.58–138.95× over its 40-quarter history.pe
The median constituent sits at the 64th percentile of its own 10-year valuation range.percentile
The multiple has expanded faster than aggregate earnings over the trailing window — the re-rating is running ahead of delivered profits.opm
Data: Aggregate P/E and price index
| Period | P/E (×) | Price index |
|---|---|---|
| Jun 16 | 9.8 | 100 |
| Sep 16 | 10.7 | 107 |
| Dec 16 | 10.9 | 107 |
| Mar 17 | 22.2 | 125 |
| Jun 17 | 25.9 | 144 |
| Sep 17 | 22.9 | 128 |
| Dec 17 | 32.6 | 184 |
| Mar 18 | 26.5 | 163 |
| Jun 18 | 26.2 | 160 |
| Sep 18 | 27.1 | 165 |
| Dec 18 | 27.7 | 170 |
| Mar 19 | 9.7 | 170 |
| Jun 19 | 9.3 | 164 |
| Sep 19 | 8.6 | 152 |
| Dec 19 | 8.9 | 157 |
| Mar 20 | 44.2 | 143 |
| Jun 20 | 53.7 | 173 |
| Sep 20 | 72.1 | 231 |
| Dec 20 | 31.5 | 248 |
| Mar 21 | 75.9 | 283 |
| Jun 21 | 100.4 | 374 |
| Sep 21 | 139.0 | 514 |
| Dec 21 | 117.1 | 448 |
| Mar 22 | 52.0 | 442 |
| Jun 22 | 47.7 | 406 |
| Sep 22 | 58.0 | 495 |
| Dec 22 | 50.6 | 433 |
| Mar 23 | 12.2 | 348 |
| Jun 23 | 14.4 | 410 |
| Sep 23 | 16.1 | 423 |
| Dec 23 | 18.0 | 471 |
| Mar 24 | 32.2 | 423 |
| Jun 24 | 40.9 | 534 |
| Sep 24 | 46.9 | 630 |
| Dec 24 | 40.1 | 525 |
| Mar 25 | 35.2 | 417 |
| Jun 25 | 48.6 | 512 |
| Sep 25 | 44.3 | 473 |
| Dec 25 | 39.4 | 412 |
| Mar 26 | 32.3 | 363 |
The multiple has expanded faster than aggregate earnings over the trailing window — the re-rating is running ahead of delivered profits.
Data as of 2026-06-27
20 companies make up this sector, led by Fine Organic Industries Ltd at ₹16,054 Cr of market value.constituents
| Company | Price | 1y | Stage | RS | 10y val % |
|---|---|---|---|---|---|
| Fine Organic Industries Ltd | ₹5,209 | −1.1% | 2 | 12.9 | 64 |
| BASF India Ltd | ₹3,565 | −30.8% | 4 | -11.4 | 8 |
| Elantas Beck India Ltd | ₹10,395 | −12.5% | 1 | 6.4 | 84 |
| Balaji Amines Ltd | ₹2,090 | +16.2% | 2 | 49.2 | 95 |
| Laxmi Organic Industries Ltd | ₹155 | −21.1% | 4 | -7.1 | 52 |
| Foseco India Ltd | ₹5,318 | +6.2% | 1 | 2.7 | – |
| Citurgia Biochemicals Ltd | ₹143 | – | – | – | – |
| Nitta Gelatin India Ltd | ₹1,641 | +113.4% | 2 | 85.7 | 10 |
| Oriental Aromatics Ltd | ₹315 | −14.7% | 2 | 0.1 | 97 |
| Indo Amines Ltd | ₹132 | −20.7% | 2 | 3.3 | 12 |
| Shri Ahimsa Naturals Ltd | ₹439 | +196.4% | 2 | 73.4 | 83 |
| Jyoti Resins and Adhesives Ltd | ₹831 | −33.3% | 4 | -30.3 | 17 |
| Sigachi Industries Ltd | ₹23.4 | −47.9% | 4 | -19.6 | 75 |
| Gem Aromatics Ltd | ₹191 | – | 4 | – | – |
| Fairchem Organics Ltd | ₹732 | −25.9% | 4 | 6.3 | 90 |
| Valiant Organics Ltd | ₹275 | −35.4% | 1 | -5.9 | 57 |
| Sacheerome Ltd | ₹315 | +97.3% | 2 | 5.0 | 33 |
| OCCL Ltd | ₹126 | – | 2 | 13.2 | 40 |
| Shree Ganesh Remedies Ltd | ₹495 | −32.1% | 4 | -9.9 | 71 |
| GFL Ltd | ₹46.1 | −28.9% | 4 | -15.0 | 90 |
Data as of 2026-07-01
Aggregate earnings are NOT keeping pace with the multiple — the valuation has expanded faster than sector profits over the trailing window.valuation_seriespat
Institutional money is NOT yet crowding in: FII+DII holdings moved just -1.03 percentage points across constituents over the last two quarters — the capital-flow read is mixed.fii_dii_delta_2qread
- Aggregate earnings are NOT keeping pace with the multiple — the valuation has expanded faster than sector profits over the trailing window.
- Institutional money is NOT yet crowding in: FII+DII holdings moved just -1.03 percentage points across constituents over the last two quarters — the capital-flow read is mixed.
Data as of 2026-07-01
Straight answers from the data
What is the Chemicals - Organic sector?
The Chemicals - Organic sector groups 20 listed companies with a combined market value of ₹68,788 Cr, led by Fine Organic Industries Ltd, BASF India Ltd, Elantas Beck India Ltd. 8 of 19 constituents are currently in confirmed price uptrends.
Which stocks are in the Chemicals - Organic sector?
The largest Chemicals - Organic companies by market value are Fine Organic Industries Ltd (₹16,054 Cr), BASF India Ltd (₹15,810 Cr), Elantas Beck India Ltd (₹8,526 Cr), Balaji Amines Ltd (₹6,445 Cr), Laxmi Organic Industries Ltd (₹4,434 Cr), Foseco India Ltd (₹3,985 Cr), Citurgia Biochemicals Ltd (₹1,884 Cr), Nitta Gelatin India Ltd (₹1,489 Cr).
What are the best-performing Chemicals - Organic stocks?
By 1-year price return as of 1 July 2026, the strongest Chemicals - Organic stocks are Shri Ahimsa Naturals Ltd (+196%), Nitta Gelatin India Ltd (+113%), Sacheerome Ltd (+97%), Balaji Amines Ltd (+16%), Foseco India Ltd (+6.2%). These are descriptive price moves measured from weekly Screener closes, not recommendations.
Is the Chemicals - Organic sector in an uptrend?
8 of 19 Chemicals - Organic constituents are in Stage-2 price uptrends, 11 trade above their 200-day average, and 11 are beating the NIFTY 500 on relative strength. Sector relative strength reads 61.9, in the narrowing quadrant of the rotation map, rising over a 12-week streak.
How many Chemicals - Organic stocks trade above their 200-day average?
11 of 19 Chemicals - Organic constituents currently trade above their 200-day moving average. Over the trailing ~20 weeks, that share moved from 17% to 56% — participation is widening.
Is the Chemicals - Organic sector expensive versus its own history?
The Chemicals - Organic sector trades at an aggregate P/E of 32.3× against a 8.58–139× band over its own history. The median constituent sits at the 64th percentile of its own 10-year P/E range, above the middle of its own historical range. The multiple has expanded faster than aggregate earnings over the trailing window — the re-rating is running ahead of delivered profits.
Is money entering or leaving the Chemicals - Organic sector?
On Sector Alpha's deterministic capital-flow read, money is sending mixed signals across the Chemicals - Organic sector. Institutional (FII+DII) holdings moved −0.30 percentage points across constituents over the last four quarters, and constituents grew capex +28.5% year-on-year.
How fast is the Chemicals - Organic sector growing?
In the latest reported quarter (March 2026), Chemicals - Organic constituents together booked ₹7,242 Cr of revenue, +4.1% year-on-year, with aggregate profit +38.3% year-on-year. Figures aggregate Screener-scraped quarterly filings across the sector.
How are Chemicals - Organic operating margins trending?
Aggregate Chemicals - Organic operating margin was 9.6% in the latest reported quarter (March 2026), versus 8.4% a year earlier — margins are improving.
What could change the view on the Chemicals - Organic sector?
Two consecutive quarters of rising operating margin off the 9.6% print AND aggregate PAT turning positive ex-GFL would flip this from a falling knife to a confirmed earnings-led turn and justify scoring well above the floor; conversely, the Mar-2026 margin tick proving a head-fake and operating margin rolling back toward 8% confirms a peak-margin-mean-reversion falling knife and pushes conviction below the floor. Also worth noting: aggregate earnings are NOT keeping pace with the multiple — the valuation has expanded faster than sector profits over the trailing window.
Should I invest in the Chemicals - Organic sector?
Sector Alpha does not publish sector allocations or trading calls — for Chemicals - Organic or any sector. What this page provides is a data-first read: how many constituents are in confirmed uptrends, how the sector's valuation compares with its own history, where earnings sit in their cycle, and whether capital is entering or leaving. Use it to study the sector on the evidence, then do your own diligence.
What is the Chemicals - Organic sector's relative-strength position?
Chemicals - Organic relative strength reads 61.9 on Sector Alpha's rotation map, placing it in the narrowing quadrant. Relative strength is rising and has held for 12 weeks. A positive, rising relative-strength trend means the sector has been outperforming the broad market week after week.