Stationary industry
9 companies · ₹17,477 cr · 3 with AI deep dives · Q1FY27 report
Crude/polymer spike collapses margins at four of five names; domestic volumes hold but pricing lag defines Q1.
- Revenue YoY
- +11.8%
- EBITDA margin
- 12.0%
- -290bps YoY
- Price, 1 year
- -26.1%
- 0% of names up
- P/E vs own 5y
- -18.0%
- 18.6x now
Exhibit 1The quarter in numbers
constant panel of 4 companies above ₹500 cr- Jun 26
- 1,358 cr
- Mar 26
- 1,291 cr
- QoQ
- +5.2%
- Jun 25
- 1,215 cr
- YoY
- +11.8%
- Peak
- 1,358 cr
- vs peak
- 0.0%
- Jun 26
- 12.0%
- Mar 26
- 14.5%
- QoQ
- -250bps
- Jun 25
- 14.9%
- YoY
- -290bps
- Peak
- 15.9%
- vs peak
- -390bps
Breadth: 100% of 4 companies grew revenue year on year (was 75% a quarter earlier) and 0% expanded margin (was 50%).
Exhibit 2What it costs
18.35x - 39.98x across the panel todayThe median name trades at 18.6x, -18.0% against this industry's own 5-year median of 22.7x, and -34.0% against its own peak of 28.2x.
Exhibit 3Structure
₹17,477 crDOMS Industries Ltd is 76.3% of this industry by market cap. The top 5 are 99.2% and the top 10 are 100%.
Exhibit 4Screen
P/E below the sub-industry median of 18.62x, 5y ROCE above its median of 10.32%, and at least 2 growth triggers stated on the latest earnings call.
Which names clear this screen is premium
The screen runs on stated growth triggers from the latest earnings calls - the same guidance data the stock screener reserves for premium. Premium names every company in this industry that is cheap against its own median and has the triggers behind it.
See plans →Exhibit 5Coverage (9 of 9)
Every company here with a deep dive, topped up by market cap. The rest of the industry is in the appendix.
- Mcap
- ₹2,478 cr
- P/E
- 17.7x
- EV/EBITDA
- 10.3x
- ROCE
- 15.8%
- Margin
- 19.3%
- Rev YoY
- +10.6%
Exhibit 6What managements said
from Household Products earnings calls · as of 2026-06-30Four of five managements reported significant raw material cost escalation as the primary earnings drag in Q1 FY27. JYOTHYLAB called the environment unprecedented, noting crude…
- JYOTHYLAB (Q1FY27): “Our business is 90% of our business is linked to crude oil prices. And crude oil has…”
Exhibit 7Outlook
The outlook and what resolves next quarter
Where these managements said things are heading, and the dated, checkable events that would change it. Free with an account - 3 full reports a quarter.
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