Top 10 Best Chemical Stocks in India

The chemical industry is the backbone of the Indian economy and contributes 7% to its GDP. The demand for efficient chemical supply in India has skyrocketed in recent times due to the increasing demand for processed food, personal and home care solutions, and the growing portable energy requirement. As a result, Indian specialty chemical companies are expanding their capacities to cater to the rising demand which has given rise to some of the best chemical stocks in India in recent years.

Government policies such as production-linked incentive (PLI) schemes are also being introduced to promote the domestic manufacturing of agrochemicals. Under the Union Budget 2021-22, the government allocated ₹233.14 crores for the Department of Chemicals and Petrochemicals. India also holds a very strong position in the exports and imports of chemicals in the global economy. Some of the top chemical stocks in India’s history have been seen in recent years and this number is sure to grow shortly.



This realization has made the top chemical stocks in India an attractive investment option. Be it small-cap, mid-cap, or large-cap stocks, these chemical sector stocks have seen a trend of outperforming many other stocks. This article has all the information an investor needs if they are planning on investing in the Indian chemical sector and are looking for the best chemical stocks in India.  

Best Chemical Stocks in India

Pidilite Industries Ltd, founded in 1959, is the leading adhesive manufacturing company in India. Its product range also includes sealants, construction chemicals, waterproofing solutions, polymers, industrial resins, and adhesives used for arts and crafts.

The major brands of Pidilite Industries are Fevicol, Fevicol MR, Dr Fixit, Fewikwik, M-Seal, Fevistik, Hobby Ideas, and Fevicryl. The company also has several joint ventures and subsidiaries such as ICA, Nina Percept, CIPY, Jowat SE, and Huntsman Advanced Materials Solutions Pvt. Ltd, etc. These joint ventures and acquisitions have helped strengthen the company’s retail as well as BTB operations.

The company’s revenue increased by 36% and net income increased by 7% in the fiscal year ended 31st March 2022. The 3-year Net Profit CAGR is 13.67%.   

Read More: Top 10 Best Chemical Stocks in India

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