Loading…
← CockpitCompetitor Analysis › PRIVISCL.NS Privi Speciality Chemicals LimitedOpen in the cockpit ↗

Privi Speciality Chemicals LimitedPRIVISCL.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Chemicals: Major Diversified

Makes aroma chemicals (fragrance ingredients) used in perfumes, personal-care and household products.

Momentum neutral 45
Mkt cap
$1.40B
US dollars, full cap
Free float
31%
of shares outstanding
$/day
$4.54M
20-day average traded
Fwd P/E
30.4×
forward earnings
ROIC−WACC
+2.4 pp
WACC 13.9%
Hurdle
+15 pp
Req g minus delivered
Next earnings
84 days
29 Jan 2027
Close · INR₹3,365
1D+2.7%
1W+4.6%
1M-4.4%
3M-8.1%
6M-3.7%
YTD+20.0%
1Y+18.9%
ATR %3.9%
Beta0.49
52w lowhigh11.1% off high

What Privi Speciality Chemicals does

Makes aroma chemicals (fragrance ingredients) used in perfumes, personal-care and household products.

Sells ingredients by the tonne, largely to the major international fragrance and flavour houses, which test and approve each molecule before ordering in volume. Raw-material costs and currency moves matter to its margins.

Products and services

  • Aroma chemicals (musk, sandalwood-type ingredients)
  • Specialty fragrance intermediates

Customers

  • Global fragrance and flavor houses
  • Personal-care/household product makers

Where it sits in the supply chain

  • Specialty chemicals
  • Aroma chemical (fragrance ingredient)…
  • Supply to fragrance/personal-care…

What could go right

  • Rising global fragrance/personal-care demand
  • Backward integration into new molecules

What could go wrong

  • Raw material (petrochemical) cost volatility
  • Customer concentration among large fragrance houses

Moat: narrow (process know-how, scale). One of the larger global independent aroma-chemical makers, but Symrise/Givaudan/IFF are far larger integrated fragrance houses.

Headquarters: Mumbai, India · Founded: 1995 · Employees: 1,241

Named competitors

Privi Speciality Chemicals at a glance

Size Privi Speciality Chemicals (PRIVISCL.NS) is an India Materials company (Chemicals: Major Diversified) with a market value of $1.40B, the 490th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹3,365 on 6 Nov 2026.

Performance Over six months the shares fell 3.7%, against -26.4% for the median peer and 0.0% for the India market (cap-weighted) — 6th highest of 19 in its peer set.

Growth Revenue grew 17.5% over the last twelve months (peer median +5.7%); the operating margin is 19.5% (peer median 9.8%).

Valuation It trades at 30.4× forward earnings against a peer median of 20.5× (5th most expensive of 16).

Price implies For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.

Capital Return on invested capital runs 2.4 points above its cost of capital (13.9% WACC).

Next results Next results expected around 29 Jan 2027 (exchange calendar; dates can move).

Relative performance

8010011 May 202611 Aug 20266 Nov 2026PRIVISCL.NS 96Peer median 71
Six months, rebased to 100: Privi Speciality Chemicals against the median of its 20 peers (local-currency closes).

Privi Speciality Chemicals financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹27.5B₹25.6B₹20.9B₹17.5B₹16.1B
Revenue growth—+22%+19%+9%—
Gross profit₹8.18B₹7.13B₹5.09B₹3.37B₹2.38B
EBITDA₹6.84B₹6.48B₹4.53B₹3.31B₹1.92B
Net income₹3.73B₹3.28B₹1.87B₹949M₹222M
Free cash flown/a₹1.51B-₹1.02B₹1.10B-₹1.57B
Capital expendituren/a₹3.20B₹2.99B₹1.51B₹1.40B
Total debt₹9.92B₹9.88B₹11.3B₹10.0B₹10.7B

Quarterly statements and history in the cockpit →

Privi Speciality Chemicals competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%-40%-20%0%300596002585000420603200457190301090014680LXS47633009106003286032814041FINEORGHUN4272BRGPRIVISCL.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Privi Speciality Chemicals is the large dot.

Fundamentals: revenue growth against valuation

-40%-20%0%+20%0×200×3005960025850004203010900146804763ACT04041FINEORGHUNPRIVISCL.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Privi Speciality Chemicals is the large dot.

Capital: growth delivered against growth the price implies

-20%0%+20%+40%-20%0%20%40%002585301090014680LXS4763300910ACT04041FINEORG0026434272PRIVISCL.NSGrowth delivered (Del g) →Growth the price implies (Req g, 7 yrs) →
Above the diagonal = the price needs more growth than the company has been delivering; below = the price already allows for a slowdown. Privi Speciality Chemicals is the large dot.

Privi Speciality Chemicals competitors and peer comparison

Head to head with its named competitors (PRIVISCL.NS vs SY1.DE vs GIVN.SW vs IFF)
CompanyMarket cap6M returnRevenue growthOp. marginForward P/EReq g
Privi Speciality Chemicals PRIVISCL.NS$1.40B-4%+18%20%30.4×30.1%
Symrise SY1.DE$15.1B+30%-1%12%24.8×8.1%
Givaudan GIVN.SW$45.8B+47%-2%18%34.0×10.6%
International Flavors & Fragrances IFF$20.7B+2%-17%11%23.4×17.9%

How Privi Speciality Chemicals compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Privi Speciality Chemicals against its 20 peers (data as of 6 Nov 2026)
MeasurePRIVISCL.NSPeer medianRank in peer set
1-month return-4.4%-8.3%9th highest of 21
6-month return-3.7%-26.4%6th highest of 19
Distance from 52-week high-11.1%-40.9%2nd highest of 21
Revenue growth (TTM)+17.5%+5.7%2nd highest of 21
Operating margin19.5%9.8%3rd highest of 21
Forward P/E30.4×20.5×5th most expensive of 16
Growth the price implies (Req g, 7 yrs)30.1%4.7%most demanding of 14
Growth delivered (Del g)+15.0%+6.9%4th highest of 14
Hurdle (Req g minus delivered)+15.0 pp-1.5 pp4th most demanding of 14
ROIC minus cost of capital+2.4 pp-1.5 pp8th highest of 21
EV / EBITDA20.5×9.3×3rd most expensive of 10
Net debt / EBITDA1.2×1.0×5th most indebted of 10

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Privi Speciality Chemicals PRIVISCL.NSIndia$1.40B-4%+18%20%30.4×30.1%+15.0%
Rianlon 300596.SZChina$1.39B-7%+11%11%14.7×n/an/a
Jiangsu Shuangxing Color Plastic New Materials 002585.SZChina$1.38B+5%-4%-4%62.8×22.5%+0.2%
Jilin Chemical Fibre Stock 000420.SZChina$1.42B-25%+11%5%154.0×n/an/a
Shanghai Emperor of Cleaning Hi-Tech 603200.SSChina$1.37B-16%+4%-8%n/an/an/a
Isuspecialtychemical 457190.KSSouth Korea$1.36B-49%+14%3%n/an/an/a
China Resources Chemical Innovative Materials 301090.SZChina$1.35B-33%+4%1%19.2×21.4%+1.1%
Hanchem 014680.KSSouth Korea$1.30B-40%+15%17%11.1×4.7%+7.4%
Lanxess LXS.DEGermany$1.27B-30%-10%-1%n/a17.9%-1.5%
Jinan Acetate Chemical 4763.TWTaiwan$1.26B-3%-36%46%7.3×-17.4%+41.2%
Xinxiang Richful Lube Additive 300910.SZChina$1.26B-38%+12%16%11.6×0.6%+32.5%
Alzchem ACT0.DEGermany$1.56Bn/a+5%16%20.9×-1.1%+8.2%
CNSIG Inner Mongolia Chemical Industry 600328.SSChina$1.21B-32%-20%-7%n/an/an/a
Hubei Jianghan New Materials 603281.SSChina$1.20B-30%+8%17%20.5×4.8%+6.3%
Nippon Soda 4041.TJapan$1.19B-5%-1%10%11.1×3.5%+1.8%
Fine Organic Industries FINEORG.NSIndia$1.64B+9%+13%20%33.4×26.7%+15.7%
Huntsman HUNUnited States$1.66B-37%+6%0%353.8×n/an/a
Valiant 002643.SZChina$1.66B-28%+3%10%25.6×17.4%+4.9%
Metis TechBio 7666.HKHong Kong$1.66Bn/a+6,987%-367%n/an/an/a
Nippon Kayaku 4272.TJapan$1.66B+3%+14%10%10.1×-4.8%+6.9%
Borregaard BRG.OLNorway$1.68B+7%+3%17%24.4×-1.0%+7.7%

Questions

Who are Privi Speciality Chemicals's main competitors?
Named competitors: Symrise (SY1.DE), Givaudan (GIVN.SW), IFF (IFF). The cockpit's measured peer set (industry) also includes Rianlon (300596.SZ), Jiangsu Shuangxing Color Plastic New Materials (002585.SZ), Jilin Chemical Fibre Stock (000420.SZ), Shanghai Emperor of Cleaning Hi-Tech (603200.SS), Isuspecialtychemical (457190.KS), China Resources Chemical Innovative Materials (301090.SZ).
Is Privi Speciality Chemicals expensive compared with its peers?
On forward p/e it trades at 30.4× against a peer median of 20.5×, 5th most expensive of 16 in its peer set. For today's price to make sense, revenue must grow about 30% a year for seven years (Req g). Recent delivered growth is +15%, so the hurdle is +15 pp: the price needs faster growth than the company has been delivering — of companies that just grew 25–50% a year, 93.8% slowed down over the next four years.
How has Privi Speciality Chemicals stock performed?
Over six months to 6 Nov 2026 the shares returned -3.7% against -26.4% for the median peer; over one year +18.9%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.