Top 19 Speciality Chemical

Companies
Quantitative Analysis
Based on Mar-22 Performance
 Speciality Chemical Sector - Quantitative Analysis
19 Speciality Companies Market Capitalization (Rs. Cr)
1 Pidilite Industries 1,07,770
2 Aarti Industries 25,678
3 Deepak Nitrite 24,768
4 Atul Ltd 23,856
5 Gujarat Fluorochemicals 29,282
6 Clean Science And Technology Ltd. 17,622
7 Navin Fluorine International 17,406
8 Vinati Organics 20,546
9 Alkyl Amines Chemicals 13,707
10 Laxmi Organic Industries 8,479
11 Fine Organic Industries 14,789
12 Rs.13,000Balaji Amines
Cr 9,454
13 Anupam Rasayan India 6,043
14 Chemplast Sanmar Ltd. 6,872
15 Privi Speciality Chemicals Ltd. 4,516
16 Rossari Biotech 4,667
17 Neogen Chemicals Ltd. 3,411
18 Tatva Chintan Pharma Chem Ltd. 4,920
19 Sudarshan Chemical Industries 2,985
 Quantitative Analysis of Speciality Chemicals Sector – 15 Parameters

Valuation Ratios Return Ratios Leverage Ratios

1. PE Ratio 1. ROCE % 1. Debt to Equity
2. EV/ EBITDA 2. ROE % 2. Interest Coverage

1. Pledged % Sales & Net Profit

Operating Profit Growth
2. Institutional Holding Margin %
as a % of Free Float 5 year CAGR

Sales & Net Profit

Growth Inventory Turnover Cash Conversion
3 year CAGR Ratio Cycle
 Price to Earnings Ratio
Company PE Ratio Ranks Points
Pidilite Industries 89.25 19 1
Aarti Industries 19.64 2 18
Deepak Nitrite 23.22 4 16
Atul Ltd 39.48 8 12
Gujarat Fluorochemicals 37.20 7 13
Clean Science And Technology Ltd. 77.12 18 2
Navin Fluorine International 66.16 16 4
Vinati Organics 59.28 14 6
Alkyl Amines Chemicals 60.95 15 5
Laxmi Organic Industries 33.07 6 14
Fine Organic Industries 56.97 13 7
BalajiRs.13,000
Amines Cr 25.66 5 15
Anupam Rasayan India 39.71 9 11
Chemplast Sanmar Ltd. 10.59 1 19
Privi Speciality Chemicals Ltd. 46.38 10 10
Rossari Biotech 47.78 11 9
Neogen Chemicals Ltd. 76.44 17 3
Tatva Chintan Pharma Chem Ltd. 51.32 12 8
Sudarshan Chemical Industries 22.97 3 17
 EV/EBITDA
Company EV / EBITDA Ranks Points
Pidilite Industries 57.18 19 1
Aarti Industries 14.32 3 17
Deepak Nitrite 15.20 5 15
Atul Ltd 24.23 11 9
Gujarat Fluorochemicals 23.09 8 12
Clean Science And Technology Ltd. 53.20 18 2
Navin Fluorine International 44.20 17 3
Vinati Organics 41.54 16 4
Alkyl Amines Chemicals 40.12 13 7
Laxmi Organic Industries 22.03 7 13
Fine Organic Industries 36.76 12 8
Balaji Amines 14.91 4 16
Rs.13,000 Cr
Anupam Rasayan India 21.24 6 14
Chemplast Sanmar Ltd. 5.22 1 19
Privi Speciality Chemicals Ltd. 23.82 10 10
Rossari Biotech 23.65 9 11
Neogen Chemicals Ltd. 40.66 14 6
Tatva Chintan Pharma Chem Ltd. 41.52 15 5
Sudarshan Chemical Industries 13.47 2 18
 Return on Capital Employed
Company ROCE % Ranks Points
Pidilite Industries 29.78 6 14
Aarti Industries 13.15 17 3
Deepak Nitrite 40.06 5 15
Atul Ltd 24.49 9 11
Gujarat Fluorochemicals 11.32 18 2
Clean Science And Technology Ltd. 60.50 2 18
Navin Fluorine International 23.58 11 9
Vinati Organics 23.80 10 10
Alkyl Amines Chemicals 55.69 3 17
Laxmi Organic Industries 20.14 13 7
Fine Organic Industries 21.68 12 8
BalajiRs.13,000
Amines Cr 50.21 4 16
Anupam Rasayan India 10.00 19 1
Chemplast Sanmar Ltd. 183.44 1 19
Privi Speciality Chemicals Ltd. 15.36 16 4
Rossari Biotech 28.70 7 13
Neogen Chemicals Ltd. 16.64 15 5
Tatva Chintan Pharma Chem Ltd. 28.04 8 12
Sudarshan Chemical Industries 17.13 14 6
 Return on Equity
Company ROE % Ranks Points
Pidilite Industries 19.59% 10 10
Aarti Industries 23.96% 6 14
Deepak Nitrite 34.60% 3 17
Atul Ltd 13.75% 15 5
Gujarat Fluorochemicals 19.14% 11 9
Clean Science And Technology Ltd. 25.62% 5 15
Navin Fluorine International 14.75% 13 7
Vinati Organics 19.96% 9 11
Alkyl Amines Chemicals 43.15% 1 19
Laxmi Organic Industries 20.93% 7 13
Fine Organic Industries 29.90% 4 16
BalajiRs.13,000
Amines Cr 36.32% 2 18
Anupam Rasayan India 9.01% 18 2
Chemplast Sanmar Ltd. 6.21% 19 1
Privi Speciality Chemicals Ltd. 12.41% 16 4
Rossari Biotech 12.27% 17 3
Neogen Chemicals Ltd. 14.02% 14 6
Tatva Chintan Pharma Chem Ltd. 20.85% 8 12
Sudarshan Chemical Industries 16.43% 12 8
 Debt to Equity Ratio
Company D/E Ranks Points
Pidilite Industries 0.04 6 14
Aarti Industries 0.81 16 4
Deepak Nitrite 0.25 11 9
Atul Ltd 0.03 5 15
Gujarat Fluorochemicals 0.45 13 7
Clean Science And Technology Ltd. 0.00 1 19
Navin Fluorine International 0.00 1 19
Vinati Organics 0.00 1 19
Alkyl Amines Chemicals 0.06 7 13
Laxmi Organic Industries 0.14 9 11
Fine Organic Industries 0.12 8 12
Balaji Amines 0.08 10 10
Rs.13,000 Cr
Anupam Rasayan India 0.25 12 8
Chemplast Sanmar Ltd. 12.62 19 1
Privi Speciality Chemicals Ltd. 0.73 15 5
Rossari Biotech 0.00 1 19
Neogen Chemicals Ltd. 1.18 18 2
Tatva Chintan Pharma Chem Ltd. 0.54 14 6
Sudarshan Chemical Industries 0.83 17 3
 Interest Coverage Ratio
Company Interest Coverage Ranks Points D/E
Pidilite Industries 41.79 6 14 0.04
Aarti Industries 8.69 14 6 0.81
Deepak Nitrite 14.47 11 9 0.25
Atul Ltd 94.52 4 16 0.03
Gujarat Fluorochemicals 5.28 16 4 0.45
Clean Science And Technology 820.94 1 19 0.00
Navin Fluorine International 195.62 3 17 0.00
Vinati Organics 354.55 2 18 0.00
Alkyl Amines Chemicals 64.31 5 15 0.06
Laxmi Organic Industries 9.34 13 7 0.14
Fine Organic Industries 27.67 9 11 0.12
Balaji Amines 34.81 8 12 0.08
Rs.13,000 Cr
Anupam Rasayan India 2.46 19 1 0.25
Chemplast Sanmar Ltd. 3.47 18 2 12.62
Privi Speciality Chemicals Ltd. 7.68 15 5 0.73
Rossari Biotech 36.57 7 13 0.00
Neogen Chemicals Ltd. 4.18 17 3 1.18
Tatva Chintan Pharma Chem Ltd. 14.65 10 10 0.54
Sudarshan Chemical Industries 10.47 12 8 0.83
 Pledged %
Company Pledged % Ranks Points
Pidilite Industries 0.00% 1 19
Aarti Industries 0.00% 1 19
Deepak Nitrite 0.00% 1 19
Atul Ltd 1.50% 17 3
Gujarat Fluorochemicals 3.01% 18 2
Clean Science And Technology Ltd. 000% 1 19
Navin Fluorine International 3.06% 19 1
Vinati Organics 0.00% 1 19
Alkyl Amines Chemicals 0.00% 1 19
Laxmi Organic Industries 0.00% 1 19
Fine Organic Industries 0.00% 1 19
Balaji Amines 0.00% 1 19
Rs.13,000 Cr
Anupam Rasayan India 0.00% 1 19
Chemplast Sanmar Ltd. 0.00% 1 19
Privi Speciality Chemicals Ltd. 0.00% 1 19
Rossari Biotech 0.00% 1 19
Neogen Chemicals Ltd. 0.00% 1 19
Tatva Chintan Pharma Chem Ltd. 0.00% 1 19
Sudarshan Chemical Industries 0.00% 1 19
 Institutional Holding as a % of Free Float
Company FII + DII as a % of Free Float Ranks Points
Pidilite Industries 62.77% 4 16
Aarti Industries 49.01% 9 11
Deepak Nitrite 34.62% 12 8
Atul Ltd 59.30% 6 14
Gujarat Fluorochemicals 25.03% 15 5
Clean Science And Technology Ltd. 42.81% 11 9
Navin Fluorine International 59.43% 5 15
Vinati Organics 47.92% 10 10
Alkyl Amines Chemicals 11.69% 18 2
Laxmi Organic Industries 13.77% 17 3
Fine Organic Industries 75.56% 2 18
Balaji Amines
Rs.13,000 Cr 8.96% 19 1
Anupam Rasayan India 27.02% 14 6
Chemplast Sanmar Ltd. 78.89% 1 19
Privi Speciality Chemicals Ltd. 16.03% 16 4
Rossari Biotech 67.81% 3 17
Neogen Chemicals Ltd. 57.77% 7 13
Tatva Chintan Pharma Chem Ltd. 53.67% 8 12
Sudarshan Chemical Industries 30.34% 13 7
 Operating Profit Margin %
Company OPM Ranks Points
Pidilite Industries 16.00 14 6
Aarti Industries 16.81 13 7
Deepak Nitrite 21.92 9 11
Atul Ltd 14.97 15 5
Gujarat Fluorochemicals 29.91 3 17
Clean Science And Technology Ltd. 40.91 1 19
Navin Fluorine International 23.05 7 13
Vinati Organics 28.55 4 16
Alkyl Amines Chemicals 17.28 11 9
Laxmi Organic Industries 8.29 19 1
Fine Organic Industries 25.88 5 15
Balaji Amines Cr
Rs.13,000 25.30 6 14
Anupam Rasayan India 30.67 2 18
Chemplast Sanmar Ltd. 19.17 10 10
Privi Speciality Chemicals Ltd. 12.63 17 3
Rossari Biotech 11.92 18 2
Neogen Chemicals Ltd. 16.98 12 8
Tatva Chintan Pharma Chem Ltd. 22.28 8 12
Sudarshan Chemical Industries 13.73 16 4
 Sales & Net Profit - 5 years CAGR Growth
Company Sales Ranks Points PAT Ranks Points
Pidilite Industries 10.35% 16 4 6.80% 16 4
Aarti Industries 20.14% 9 11 32.86% 7 13
Deepak Nitrite 36.14% 2 18 61.76% 1 19
Atul Ltd 11.14% 15 5 13.06% 15 5
Gujarat Fluorochemicals 0.00% 18 2 0.00% 18 2
Clean Science And Technology 0.00% 18 2 0.00% 18 2
Navin Fluorine International 13.16% 13 7 14.01% 14 6
Vinati Organics 18.85% 10 10 19.83% 13 7
Alkyl Amines Chemicals 23.28% 6 14 34.12% 6 14
Laxmi Organic Industries 21.93% 7 13 29.43% 9 11
Fine Organic Industries 18.12% 11 9 27.34% 11 9
Balaji Amines
Rs.13,000 Cr21.55% 8 12 29.86% 8 12
Anupam Rasayan India 27.84% 5 15 34.22% 5 15
Chemplast Sanmar Ltd. 13.06% 14 6 21.15% 12 8
Privi Speciality Chemicals Ltd. 17.15% 12 8 29.13% 10 10
Rossari Biotech 44.75% 1 19 43.63% 2 18
Neogen Chemicals Ltd. 32.03% 3 17 42.06% 3 17
Tatva Chintan Pharma Chem 30.16% 4 16 40.82% 4 16
Sudarshan Chemical Industries 6.20% 17 3 5.10% 17 3
 Sales & Net Profit - 3 years CAGR Growth
Company Sales Ranks Points PAT Ranks Points
Pidilite Industries 11.91% 15 5 8.91% 15 5
Aarti Industries 18.95% 12 8 38.54% 7 13
Deepak Nitrite 36.07% 3 17 84.16% 2 18
Atul Ltd 7.96% 17 3 11.34% 14 6
Gujarat Fluorochemicals 0.00% 19 1 0.00% 18 2
Clean Science And Technology 20.31% 11 9 32.76% 9 11
Navin Fluorine International 13.43% 13 7 20.84% 13 7
Vinati Organics 12.72% 14 6 7.06% 16 4
Alkyl Amines Chemicals 22.15% 9 11 37.72% 8 12
Laxmi Organic Industries 25.28% 7 13 52.44% 5 15
Fine Organic Industries 20.95% 10 10 24.16% 12 8
Balaji Amines
Rs.13,000 Cr35.35% 4 16 58.58% 4 16
Anupam Rasayan India 28.58% 5 15 45.44% 6 14
Chemplast Sanmar Ltd. 67.05% 1 19 141.37% 1 19
Privi Speciality Chemicals Ltd. 1.15% 18 2 1.10% 17 3
Rossari Biotech 42.12% 2 18 28.15% 11 9
Neogen Chemicals Ltd. 24.00% 8 12 28.50% 10 10
Tatva Chintan Pharma Chem 28.10% 6 14 67.11% 3 17
Sudarshan Chemical Industries 9.25% 16 4 -1.28% 19 1
 Inventory Turnover Ratio
Company Inventory Turnover Ranks Points
Pidilite Industries 6.74 12 8
Aarti Industries 5.67 13 7
Deepak Nitrite 11.22 4 16
Atul Ltd 6.80 11 9
Gujarat Fluorochemicals 3.17 18 2
Clean Science And Technology Ltd. 11.71 3 17
Navin Fluorine International 6.97 10 10
Vinati Organics 8.87 8 12
Alkyl Amines Chemicals 12.09 2 18
Laxmi Organic Industries 9.96 6 14
Fine Organic Industries 8.79 9 11
Balaji Rs.13,000
Amines Cr 13.97 1 19
Anupam Rasayan India 2.05 19 1
Chemplast Sanmar Ltd. 10.54 5 15
Privi Speciality Chemicals Ltd. 3.80 16 4
Rossari Biotech 9.32 7 13
Neogen Chemicals Ltd. 3.29 17 3
Tatva Chintan Pharma Chem Ltd. 4.43 15 5
Sudarshan Chemical Industries 4.53 14 6
 Cash Conversion Cycle
Company CCC (days) Ranks Points
Pidilite Industries 26.5 9 11
Aarti Industries 27.2 10 10
Deepak Nitrite 24.3 8 12
Atul Ltd 12.7 6 14
Gujarat Fluorochemicals 34.3 11 9
Clean Science And Technology Ltd. -60.3 2 18
Navin Fluorine International 56.7 13 7
Vinati Organics 75.2 16 4
Alkyl Amines Chemicals -5.2 4 16
Laxmi Organic Industries -19.2 3 17
Fine Organic Industries 38.4 12 8
Balaji Rs.13,000
Amines Cr 58.6 14 6
Anupam Rasayan India 75.5 17 3
Chemplast Sanmar Ltd. -130.9 1 19
Privi Speciality Chemicals Ltd. 84.0 18 2
Rossari Biotech 9.9 5 15
Neogen Chemicals Ltd. 86.9 19 1
Tatva Chintan Pharma Chem Ltd. 71.0 15 5
Sudarshan Chemical Industries 23.7 7 13
 Speciality Chemical Sector - Quantitative Analysis
Rank 19 Speciality Companies Final Score
1 Balaji Amines 270
2 Deepak Nitrite 269
2 Rossari Biotech 269
4 Clean Science And Technology Ltd. 241
5 Alkyl Amines Chemicals 238
6 Tatva Chintan Pharma Chem Ltd. 236
7 Fine Organic Industries 235
8 Laxmi Organic Industries 229
9 Chemplast Sanmar Ltd. 225
10 Vinati Organics 217
11 Aarti Industries 207
12 Anupam Rasayan India 188
Rs.13,000 Cr
13 Atul Ltd 187
14 Pidilite Industries 178
15 Neogen Chemicals Ltd. 177
16 Navin Fluorine International 166
17 Sudarshan Chemical Industries 150
18 Gujarat Fluorochemicals 129
19 Privi Speciality Chemicals Ltd. 117