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List of Chemical Stocks in India

The Indian chemical industry, with its diverse range of over 80,000 commercial products, offers a plethora of investment opportunities. With a current valuation of around $220 bn, the industry is projected to grow to $304 bn by 2025. Here, we provide the best chemical stocks in India propelled by the high demand for chemicals in various sectors such as food processing, pharmaceuticals, construction, and automobiles.

List of Best Chemical Sector Stocks in India (2026)

Chemical Stocks

List of Chemical stocks listed in NSE.

Showing 1 - 20 of 284 results

last updated at 6:30 AM IST 
NameStocks (284)Sub-SectorSub-SectorMarket CapMarket CapClose PriceClose PricePE RatioPE Ratio1M Return1M Return6M Return6M Return1Y Return1Y ReturnPB RatioPB RatioReturn on EquityReturn on EquityROCEROCE
1.Pidilite Industries LtdPIDILITINDDiversified ChemicalsDiversified Chemicals1,45,645.061,45,645.061,412.001,412.0070.1570.15-3.85-3.85-4.33-4.33-4.62-4.6214.6314.6322.3622.3626.8726.87
2.Solar Industries India LtdSOLARINDSCommodity ChemicalsCommodity Chemicals1,21,980.591,21,980.5913,199.0013,199.00100.86100.868.388.38-8.12-8.1238.7938.7926.8126.8130.3230.3230.9630.96
3.SRF LtdSRFDiversified ChemicalsDiversified Chemicals83,482.1283,482.122,801.602,801.6066.7466.74-8.40-8.40-8.16-8.16-4.79-4.796.616.6110.3810.3812.9212.92
4.Linde India LtdLINDEINDIACommodity ChemicalsCommodity Chemicals51,230.2351,230.235,930.505,930.50112.63112.63-0.56-0.56-10.11-10.11-4.06-4.0613.4113.4112.4812.4815.2115.21
5.PI Industries LtdPIINDDiversified ChemicalsDiversified Chemicals48,475.2548,475.253,091.403,091.4029.2029.20-4.03-4.03-25.29-25.29-14.59-14.594.774.7717.5817.5820.8920.89
6.Gujarat Fluorochemicals LtdFLUOROCHEMSpecialty ChemicalsSpecialty Chemicals33,542.7033,542.703,036.103,036.1061.4361.43-17.27-17.27-13.56-13.56-15.70-15.704.604.608.258.2510.6410.64
7.Godrej Industries LtdGODREJINDDiversified ChemicalsDiversified Chemicals32,808.1632,808.16990.70990.7033.4333.43-4.17-4.17-11.56-11.569.499.491.541.545.385.3810.5810.58
8.Navin Fluorine International LtdNAVINFLUORSpecialty ChemicalsSpecialty Chemicals31,252.4831,252.485,901.005,901.00108.30108.30-0.43-0.4315.6915.6941.4141.4111.9011.9011.5211.5211.7011.70
9.Himadri Speciality Chemical LtdHSCLCommodity ChemicalsCommodity Chemicals23,245.7123,245.71460.45460.4541.8441.84-5.75-5.75-3.03-3.03-4.53-4.536.166.1616.3116.3121.0021.00
10.Deepak Nitrite LtdDEEPAKNTRCommodity ChemicalsCommodity Chemicals22,402.5622,402.561,619.601,619.6032.1332.13-4.96-4.96-10.89-10.89-30.50-30.504.134.1313.6113.6114.5014.50
11.Sumitomo Chemical India LtdSUMICHEMCommodity ChemicalsCommodity Chemicals20,447.5120,447.51413.60413.6040.4540.45-11.91-11.91-35.15-35.15-20.08-20.087.047.0418.9018.9022.9122.91
12.Tata Chemicals LtdTATACHEMDiversified ChemicalsDiversified Chemicals18,995.9018,995.90726.60726.6080.8380.83-3.65-3.65-25.35-25.35-23.24-23.240.840.841.031.033.533.53
13.Atul LtdATULDiversified ChemicalsDiversified Chemicals18,290.6918,290.695,963.005,963.0037.8037.80-3.27-3.27-9.37-9.37-3.49-3.493.233.238.948.9411.7511.75
14.DCM Shriram LtdDCMSHRIRAMDiversified ChemicalsDiversified Chemicals18,237.8318,237.831,160.801,160.8030.1830.18-9.33-9.33-15.70-15.705.505.502.602.608.938.9311.1911.19
15.Castrol India LtdCASTROLINDCommodity ChemicalsCommodity Chemicals18,214.6918,214.69185.11185.1119.6419.64-2.98-2.98-15.69-15.694.904.907.997.9942.1542.1553.5753.57
16.Vinati Organics LtdVINATIORGASpecialty ChemicalsSpecialty Chemicals15,825.6015,825.601,496.401,496.4039.0539.05-6.26-6.26-15.68-15.68-14.32-14.325.675.6715.4215.4218.1418.14
17.BASF India LtdBASFDiversified ChemicalsDiversified Chemicals15,784.1115,784.113,631.803,631.8032.9532.95-7.44-7.44-23.69-23.69-14.24-14.244.344.3413.9713.9717.2517.25
18.Anupam Rasayan India LtdANURASSpecialty ChemicalsSpecialty Chemicals14,177.5314,177.531,229.301,229.30151.89151.89-7.29-7.298.898.8973.2373.234.604.603.103.108.968.96
19.Aarti Industries LtdAARTIINDSpecialty ChemicalsSpecialty Chemicals13,486.7013,486.70373.00373.0040.7640.76-0.71-0.71-5.59-5.59-17.59-17.592.412.416.076.077.627.62
20.Aether Industries LtdAETHERSpecialty ChemicalsSpecialty Chemicals13,292.2713,292.271,038.001,038.0083.9183.9115.1715.1735.0835.0823.6523.655.975.977.397.399.859.85

Disclaimer: Please note that the above table is for informational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing. The data is derived from Tickertape Stock Screener and is subject to real-time updates.

Selection criteria: Sub-sector: Commodity, Diversified and Specialty Chemical | Market Cap: Sorted from Highest to Lowest

Government Budget and Initiatives for the Chemical Sector

  1. Budget Allocation for Chemicals and Fertilisers: The Union Budget 2025-26 allocated ₹1,61,965 cr. to the Ministry of Chemicals and Fertilisers. This funding will help boost domestic manufacturing and modernise the sector, increasing its contribution to India's GDP.
  2. Focus on 14 Sunrise Sectors: The government is focusing on emerging sectors, including chemicals, to grow the manufacturing base. They aim to raise the share of manufacturing in GDP from 14% to 23% in the next 20 years, with special attention to sectors like renewable energy, medical devices, and chemicals.
  3. Quality Compliance Orders (QCOs): In February 2025, the government introduced new Quality Control Orders (QCOs) for over 150 products, including chemicals. These measures, managed by the Bureau of Indian Standards (BIS), enforce stricter safety and performance standards to promote the use of high-quality domestic products.
  4. Asset Monetisation Plan: Under the Union Budget 2025, the government launched its second Asset Monetisation Plan, aiming to raise ₹10 lakh cr. from FY25 to FY30. The plan includes public sector companies in the chemical sector, such as Gujarat Narmada Valley Fertilisers & Chemicals, to attract private investments and encourage public-private partnerships.
  5. Foreign Direct Investment (FDI) Policy: The government allows 100% FDI in the chemical sector, excluding hazardous chemicals, under the automatic route. Between April 2000 and September 2024, the sector (excluding fertilisers) attracted ₹1,39,776 cr. in FDI, showing increased investor confidence.

How to Invest in Chemical Stocks?

Investing in chemical stocks using Tickertape is a straightforward process. Tickertape is a powerful stock analysis and screening tool that helps you make informed investment decisions. Here’s how you can use Tickertape to invest in chemical sector stocks:

  1. Sign Up and Log In: You can create an account on the Tickertape or log in if you already have one.
  2. Search for Chemical Stocks: Go to Tickertape Stock Screener and search for chemical stocks.
  3. Use Filters: You can apply over 200 filters to get stocks sorted based on criteria like market cap, P/E ratio, or dividend yield. You can create your own custom filter if your preferred parameters are not available. This can help you narrow down the top chemical stocks in India.
  4. Analyse Stock Data: Tickertape provides comprehensive data on each stock, including financials, performance metrics, future projections, red flags, and more. You can review this data to assess each company’s health and potential in depth.
  5. Add to Watchlist: You may keep track of potential investments by adding them to your watchlist.
  6. Invest Through Your Broker: Once you’ve identified chemical stocks that align with your investment thesis, you can place a buy order through your brokerage account linked to Tickertape.

You can stay updated with each of your favourite stocks’ alerts and announcements with Tickertape Alerts. Further, you can analyse your overall portfolio and potential red flags in it by connecting it to Tickertape. Check out detailed analysis of your portfolio now!

Overview of the Top Chemical Stocks in India

Pidilite Industries Ltd

Founded in 1959, Pidilite Industries manufactures adhesives, sealants, and construction chemicals in India. Known for brands like Fevicol and M-Seal, the company has built a strong presence in both domestic and international markets.

Solar Industries India Ltd

Established in 1995, Solar Industries is one of India’s largest manufacturers of industrial explosives and explosive initiating systems. The company serves sectors such as mining, construction, defence, and infrastructure, and exports its products to more than 50 countries.

SRF Ltd

Founded in 1970, SRF Ltd produces industrial chemicals and textiles and has become a global leader in this field. The company manufactures specialty chemicals, packaging films, and refrigerants, catering to industries like automotive, packaging, and pharmaceuticals.

Linde India Ltd

Established in 1935, Linde India supplies industrial gases such as oxygen, nitrogen, and argon. The company serves industries including steel, healthcare, food processing, and chemicals, and emphasises innovation and sustainability in its operations.

PI Industries Ltd

Founded in 1946, PI Industries plays a major role in India’s agrochemical sector. It offers crop protection chemicals and plant growth nutrients while also providing agricultural value chain solutions in both domestic and global markets.

What are Chemical Stocks?

Chemical stocks in India refer to publicly listed companies on the NSE that manufacture industrial, basic, speciality, agro, and petrochemicals.

The Chemical Industry is one of the important and fast-growing industries in India. Several primary sectors, like oil, agriculture, etc., depend on the chemical industry, making the chemical sector stocks highly appealing to investors.

Future of the Indian Chemical Industry

India’s chemical industry is one of the largest and most diverse in the world. It produces over 80,000 products and provides jobs for more than 2 mn people. India is the sixth-largest chemical producer globally and the third-largest in Asia, contributing about 7% to the country’s GDP.

The sector is expected to grow significantly, with estimates showing it could reach $300‑304 bn by 2025. This growth is driven by increasing demand from industries like food processing, pharmaceuticals, construction, and automobiles. As these industries rely more on chemicals, the demand will continue to rise, creating many growth opportunities for manufacturers.

The government’s policies are expected to bring in $ 276.46 bn in investments by 2035. These investments will focus on building advanced crude-to-chemicals complexes and specialised refineries to produce high-value chemical products.

Advantages of Investing in the Chemical Stocks

Growing Demand Across Key Sectors

India ranks sixth in global chemical production, and demand for chemicals is expected to triple to $1 tn by 2040. The growing green chemicals market is also creating more opportunities for expansion.

Government Support and Policy Initiatives

The Indian government supports the chemical sector through initiatives such as a ₹1,61,965 cr budget allocation and PLI schemes. These efforts aim to attract investments, promote innovation, and drive long-term growth in the sector.

Expanding Export Market

India’s chemical exports are rising, with $2,750 mn worth of organic chemicals exported in FY26. As global companies diversify supply chains, India’s chemical industry is well-positioned to meet the growing demand.

Investments and Capacity Expansion

The Dahej PCPIR project alone has attracted ₹1 lakh cr. and is expected to create thousands of jobs. States like Odisha are also developing major petrochemical hubs, further increasing opportunities for investors.

FDI and Global Expansion

The chemical sector has drawn significant Foreign Direct Investment (FDI), recording $23.4 bn in inflows between 2000 and 2025. As Indian chemical companies expand globally, investors can benefit from growth opportunities both in domestic and international markets.

Risks of Investing in Chemical Stocks

Volatility in Raw Material Prices

The chemical industry depends on raw materials like petrochemicals and natural gas, which can have fluctuating prices. A rise in these prices or disruptions in supply can increase production costs, which may reduce profits.

Exposure to Global Market Fluctuations

Since the chemical industry exports a lot of its products, it is impacted by global economic conditions. A slowdown in the global economy, changes in trade policies, or geopolitical issues can lower demand for chemical products.

Competition and Market Saturation

The chemical industry is very competitive, with many players in both local and global markets. If there is too much supply, price wars, or new competitors, it can lead to lower profit margins for established companies.

Environmental Disasters

Accidents, chemical spills, or safety violations can damage a company’s reputation and lead to fines or cleanup costs. Companies that do not manage safety risks properly may face financial and legal challenges.

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Factors to Consider Before Investing in Chemical Stocks

Market Position

Leading chemical companies in India often have competitive advantages, such as strong brand recognition, large distribution networks, and a broad range of products. These factors can help the company maintain a strong position in the market.

Innovation and R&D

Investing in chemical companies that focus on green chemicals and research and development (R&D) can be beneficial. These companies are more likely to innovate and adapt to market changes, especially in the speciality chemicals sector.

Regulatory Compliance

The chemical industry faces strict environmental regulations. Companies that don’t comply may face fines, penalties, or even shutdowns. Also, increasing pressure for sustainable practices means companies must invest in cleaner technologies to stay competitive.

Competitor Landscape

The chemical industry is very competitive, with many players in both local and global markets. Analysing a company’s position relative to competitors in terms of market share, innovation, and efficiency can help determine its ability to sustain growth.

Industry Growth and Demand

The chemical industry benefits from rising demand in sectors like food processing, pharmaceuticals, and construction. Companies that cater to these growing markets are more likely to see increased revenue and growth.

Safety and Risk Management

Chemical companies face risks from accidents, chemical spills, and safety violations, which can lead to financial losses and damage to reputation. Companies with strong safety practices and risk management systems are better able to handle these risks.

Conclusion

The high demand and growth opportunities in the chemical industry have made its stocks highly appealing to its investors. However, it is important to run a detailed analysis of the companies in the sector before investing. For this, the investor can use Tickertape Stock Screener, which offers 200+ filters, custom filters, a custom universe, and so much more to perform a thorough analysis of any stock. Further, the Scorecard on every asset page allows you to dive deeper into the stock’s performance, making your analysis quick and smooth.

Become a Pro Member now to unlock advanced features and take your investment analysis to the next level with comprehensive tools and insights!

Frequently Asked Questions on Chemical Stocks

  1. What are chemical stocks?

    Chemical stocks refer to shares of companies involved in the production, distribution, and sale of chemicals and chemical products. These products range from basic chemicals to speciality chemicals used in industries like food processing, pharmaceuticals, agriculture, and manufacturing.

  2. Which is the best chemical stock in India?

    As of 16th December 2025, some of the best chemical sector stocks in India, as per market capitalisation, include:
    1. Pidilite Industries Ltd
    2. Solar Industries India Ltd
    3. SRF Ltd
    4. Linde India Ltd
    5. PI Industries Ltd

    Disclaimer: Please note that the above chemical stocks list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.

  3. How can I find the best chemical stocks?

    To find the best chemical stocks, you might use financial analysis tools to assess the company’s price-to-earnings ratio, price-to-book ratio, and other valuation metrics. Companies that are trading below their intrinsic value with strong fundamentals and growth potential might be considered undervalued. Conducting thorough research and consulting financial advisors can also help identify such opportunities.

  4. What factors affect the performance of the chemical share price?

    The chemical share price can be influenced by several factors, including raw material costs, environmental regulations, global demand, competition within the sector, and the company's innovation in sustainable practices. Economic conditions and government policies also play a crucial role.

  5. How can I evaluate chemical stocks before investing?

    Before investing in chemical stocks, it's important to analyse the company’s financial health, market position, innovation, regulatory compliance, and exposure to global market fluctuations. Tools like the Tickertape Stock Screener can help you perform a detailed analysis using various filters and criteria.

  6. Are chemical stocks risky?

    Like any other investment, chemical stocks come with risks. These include price volatility in raw materials, regulatory changes, environmental concerns, and competition. However, companies with strong financials, sustainability initiatives, and a competitive edge are better equipped to manage these risks.

  7. Which chemical stock is best for long-term investment?

    Choosing the top chemical stocks for long-term investment in India depends on factors such as the company’s financial stability, market position, and growth potential. You might consider looking into companies that have a strong track record of consistent performance, innovation, and sustainability practices.
    Disclaimer: Please note that this is not a recommendation. Please do your own research or consult your financial advisor before investing.

  8. Are there any best chemical penny stocks in India?

    The best chemical penny stocks in India below Rs. 10 are:
    1. Vikas Ecotech Ltd
    2. Sadhana Nitro Chem Ltd
    3. Kamdhenu Ventures Ltd
    4. Royal India Corporation Ltd
    5. Shreyas Intermediates Ltd

    Disclaimer: Please note that the above chemical stocks list is for educational purposes only, and is not recommendatory. Please do your own research or consult your financial advisor before investing.