Industry analysis
Dyes And Pigments
Read from what its listed companies are showing. Valuations are compared within this industry.
Improving
19 listed companies · ₹ 17,451 Cr. total market value- ▲71% of companies grew sales by more than 8% from a year earlier; the typical company's profit rose 94%. 11% made a loss.
- ●1 credit rating upgrade and no downgrades in the last 90 days.
- –4 good and no bad company announcements (read since 6 Oct 2026; not counted until there is a month of them).
- ▲The typical share is up 1.9% in 3 months; 80% of shares trade above their 200-day average (their usual level).
- –Typical P/E 15.3, 11% below these companies' usual level (cheaper than normal).
- –No shares issued in 90 days; 1 more fund raise on the way.
▲ / ▼ / ● are the signals the verdict counts: results, credit ratings, announcements and share prices. Lines marked – are shown but not counted.
In charts
Share prices over the last year
The typical Dyes And Pigments share against the typical share on the market, both starting at 100. Now 88 vs 83.
Is growth speeding up or slowing down?
The typical company's sales and profit growth against the same quarter a year earlier.
Price against growth
Each dot is a company: further left is cheaper (lower P/E), higher up grew profit faster. Red dots passed the cheaper-than-peers screen. Companies beyond the chart's edges sit on the edge.
Cheaper than peers
Not a buy list. These shares trade at a P/E at least 30% below their industry's typical level and below their own usual level, and they also pass basic checks: profitable, sales and profit growing, low debt, no red flags, market value of ₹250 Cr or more. Cheap shares are often cheap for a reason; this is where to start reading, not where to stop.
No company here passes every test right now.
Cheaper than peers across the whole market
Leaders and laggards
Good news
- AksharChem India LtdStrong results
- Sudarshan Colorants India LtdStrong results
- Sudarshan Chemical IndustriesRating outlook raised
- Kiri IndustriesExpansion or acquisition
Warning signs
No red flags in 90 days.
Best shares, 3 months
Worst shares, 3 months
- Yasons Chemex Care−21.6%
- Arunaya Organics−21.3%
- Hindprakash Industries−6.4%
- Paragon Fine & Speciality Chemical−3.9%
- Poddar Pigments−2.7%
Companies
Click a column to sort.
| Signs (90 days) | |||||||
|---|---|---|---|---|---|---|---|
| Sudarshan Chemical Industries SUDARSCHEM | Dyes And Pigments | ₹ 8,258.11 Cr. | +5.4% | +87.3% | 80 | +0.3% | Rating outlook raised |
| Kiri Industries KIRIINDUS | Dyes And Pigments | ₹ 3,077.56 Cr. | +54.5% | +2,810% | 3.8 | +17.6% | Expansion or acquisition |
| Bodal Chemicals BODALCHEM | Dyes And Pigments | ₹ 1,778.96 Cr. | +56.2% | +200% | 25.9 | +177.3% | |
| Bhageria Industries BHAGERIA | Dyes And Pigments | ₹ 1,535 Cr. | +79.7% | +200% | 22.4 | +73.6% | |
| ULTRAMARINE & PIGMENTS ULTRAMAR | Dyes And Pigments | ₹ 1,067.86 Cr. | +29.6% | +64.7% | 11.8 | −2.6% | |
| Asahi Songwon Colors ASAHISONG | Dyes And Pigments | ₹ 412.64 Cr. | +26% | +533.3% | 11.9 | +1.9% | |
| Ushanti Colour Chem UCL | Dyes And Pigments | ₹ 277.66 Cr. | +180% | Loss | 74.9 | +1.3% | |
| Poddar Pigments PODDARMENT | Dyes And Pigments | ₹ 267.43 Cr. | −1.2% | +11.5% | 17.6 | −2.7% | |
| Mahickra Chemicals MAHICKRA | Dyes And Pigments | ₹ 236.58 Cr. | +62.9% | +300% | 45.9 | −2.5% | |
| Ducol Organics & Colours DUCOL | Dyes And Pigments | ₹ 198.21 Cr. | — | — | 27.4 | +14.8% | |
| Hindprakash Industries HPIL | Dyes And Pigments | ₹ 131.38 Cr. | −11.9% | +760% | 84.9 | −6.4% | |
| Paragon Fine & Speciality Chemical PARAGON | Dyes And Pigments | ₹ 97.93 Cr. | +13.1% | −12.5% | 10.8 | −3.9% | |
| Unilex Colours And Chemicals UNILEX | Dyes And Pigments | ₹ 41.53 Cr. | — | — | 5.1 | +19.2% | |
| Prolife Industries PROLIFE | Dyes And Pigments | ₹ 32.67 Cr. | −4.4% | −27.4% | 7.7 | +12% | |
| Arunaya Organics ARUNAYA | Dyes And Pigments | ₹ 22.8 Cr. | +32.4% | +100% | 5.6 | −21.3% | |
| Yasons Chemex Care YCCL | Dyes And Pigments | ₹ 14.38 Cr. | +50% | Loss | 15.3 | −21.6% | |
| AksharChem India Ltd AKSHARCHEM | Dyes And Pigments | — | +79.8% | — | 13.7 | +54.3% | Strong results |
| Shree Pushkar Chemicals & Fertilisers Ltd SHREEPUSHK | Dyes And Pigments | — | +9.8% | +9.5% | 20.9 | +30% | |
| Sudarshan Colorants India Ltd SUDARCOLOR | Dyes And Pigments | — | +5.2% | +17.6% | 6.4 | +2% | Strong results |
Figures are medians and shares of companies, so one giant company cannot outweigh the rest. Results compare each company's latest quarter with the same quarter a year earlier; ratings and announcements cover the last 90 days (announcements are read by AI and can be wrong). This page adds up published data; it is not a recommendation to buy or sell anything.