Makes aroma chemicals (fragrance ingredients) used in perfumes, personal-care and household products.
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.
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
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).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| 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 flow | n/a | ₹1.51B | -₹1.02B | ₹1.10B | -₹1.57B |
| Capital expenditure | n/a | ₹3.20B | ₹2.99B | ₹1.51B | ₹1.40B |
| Total debt | ₹9.92B | ₹9.88B | ₹11.3B | ₹10.0B | ₹10.7B |
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.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req 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% |
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.
| Measure | PRIVISCL.NS | Peer median | Rank 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 margin | 19.5% | 9.8% | 3rd highest of 21 |
| Forward P/E | 30.4× | 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 pp | 4th most demanding of 14 |
| ROIC minus cost of capital | +2.4 pp | -1.5 pp | 8th highest of 21 |
| EV / EBITDA | 20.5× | 9.3× | 3rd most expensive of 10 |
| Net debt / EBITDA | 1.2× | 1.0× | 5th most indebted of 10 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Privi Speciality Chemicals PRIVISCL.NS | India | $1.40B | -4% | +18% | 20% | 30.4× | 30.1% | +15.0% |
| Rianlon 300596.SZ | China | $1.39B | -7% | +11% | 11% | 14.7× | n/a | n/a |
| Jiangsu Shuangxing Color Plastic New Materials 002585.SZ | China | $1.38B | +5% | -4% | -4% | 62.8× | 22.5% | +0.2% |
| Jilin Chemical Fibre Stock 000420.SZ | China | $1.42B | -25% | +11% | 5% | 154.0× | n/a | n/a |
| Shanghai Emperor of Cleaning Hi-Tech 603200.SS | China | $1.37B | -16% | +4% | -8% | n/a | n/a | n/a |
| Isuspecialtychemical 457190.KS | South Korea | $1.36B | -49% | +14% | 3% | n/a | n/a | n/a |
| China Resources Chemical Innovative Materials 301090.SZ | China | $1.35B | -33% | +4% | 1% | 19.2× | 21.4% | +1.1% |
| Hanchem 014680.KS | South Korea | $1.30B | -40% | +15% | 17% | 11.1× | 4.7% | +7.4% |
| Lanxess LXS.DE | Germany | $1.27B | -30% | -10% | -1% | n/a | 17.9% | -1.5% |
| Jinan Acetate Chemical 4763.TW | Taiwan | $1.26B | -3% | -36% | 46% | 7.3× | -17.4% | +41.2% |
| Xinxiang Richful Lube Additive 300910.SZ | China | $1.26B | -38% | +12% | 16% | 11.6× | 0.6% | +32.5% |
| Alzchem ACT0.DE | Germany | $1.56B | n/a | +5% | 16% | 20.9× | -1.1% | +8.2% |
| CNSIG Inner Mongolia Chemical Industry 600328.SS | China | $1.21B | -32% | -20% | -7% | n/a | n/a | n/a |
| Hubei Jianghan New Materials 603281.SS | China | $1.20B | -30% | +8% | 17% | 20.5× | 4.8% | +6.3% |
| Nippon Soda 4041.T | Japan | $1.19B | -5% | -1% | 10% | 11.1× | 3.5% | +1.8% |
| Fine Organic Industries FINEORG.NS | India | $1.64B | +9% | +13% | 20% | 33.4× | 26.7% | +15.7% |
| Huntsman HUN | United States | $1.66B | -37% | +6% | 0% | 353.8× | n/a | n/a |
| Valiant 002643.SZ | China | $1.66B | -28% | +3% | 10% | 25.6× | 17.4% | +4.9% |
| Metis TechBio 7666.HK | Hong Kong | $1.66B | n/a | +6,987% | -367% | n/a | n/a | n/a |
| Nippon Kayaku 4272.T | Japan | $1.66B | +3% | +14% | 10% | 10.1× | -4.8% | +6.9% |
| Borregaard BRG.OL | Norway | $1.68B | +7% | +3% | 17% | 24.4× | -1.0% | +7.7% |