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Pidilite Industries eyeing better margin with volume-driven growth in FY24

15 May 2023 Evaluate

Pidilite Industries is eyeing a better margin with a volume-driven growth in FY24, helped by a comeback of rural and semi-urban demand and increased activities in the real estate sector. Besides, the company, which recently announced foraying into the decorative paints segment, has a long-term perspective for it and would utilise its existing sales network. Pidilite is already present in the coatings business.

Pidilite Industries is a well-known name in the adhesives market.


Peers
Company Name CMP
Godrej Industries 905.20
SRF 2344.00
BASF India 3051.40
Pidilite Inds. 1460.00
Tata Chemicals 595.55
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