Pidilite Industries Ltd (PIDILITIND) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 500331 | NSE: PIDILITIND | Chemicals | Large Cap

Pidilite Inds. Share Price

1,470.20 -14.50 -0.98%
as on 05-Dec'25 13:50

Pidilite Industries Ltd (PIDILITIND) Stock Analysis: Valuation, Latest Results, Financial Ratios & DeciZen Rating

BSE: 500331 | NSE: PIDILITIND | Chemicals | Large Cap

DeciZen - make an informed investing decision on Pidilite Inds.

Overall Rating
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1. Quality


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2. Valuation


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3. Price Trend


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Pidilite Industries stock performance -

Key Ratios
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P/E Ratio (CD):
67.87
Market Cap:
1,51,100 Cr.
52-wk low:
1,310.1
52-wk high:
1,620.1

Is Pidilite Industries Ltd an attractive stock to invest in?


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10 Year X-Ray of Pidilite Inds.: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Pidilite Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 45.7%40.2%37.8%34.4%33.8%29.9%26.5%25.2%30.6%31.2%-
Value Creation
Index
3.12.62.42.12.01.71.41.21.71.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5,3615,6176,0787,0787,2947,2939,92111,79912,38313,14013,818
Sales YoY Gr.-4.8%8.2%16.4%3.1%-0%36%18.9%5%6.1%-
Adj EPS 7.98.59.59.21111.112.112.717.520.621.9
YoY Gr.-7.6%11.7%-3%19.9%1.3%8.5%5.6%37.4%17.9%-
BVPS (₹) 25.733.735.140.743.754.862.770.582.69593.9
Adj Net
Profit
8068679609311,1171,1321,2271,2961,7802,0982,227
Cash Flow from Ops. 9077947968451,2801,3929551,5582,7242,287-
Debt/CF from Ops. 0.10.10.20.10.10.20.30.10.10.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10.5%12.5%9.8%6.1%
Adj EPS 11.3%13.4%19.6%17.9%
BVPS15.6%16.8%14.9%15.1%
Share Price 18.2% 12.9% 2.4% -7.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
32.928.427.324.12622.520.51922.823.123.2
Op. Profit
Mgn %
2222.622.119.521.723.218.917.1222323.3
Net Profit
Mgn %
15.115.515.913.215.415.512.411.114.516.116.1
Debt to
Equity
0000000.10000
Working Cap
Days
9610211812112614312712011311199
Cash Conv.
Cycle
4851565860615860514554

Recent Performance Summary

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Latest Financials - Pidilite Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 21.8 21.9
TTM Sales (₹ Cr.) 12,717 13,818
BVPS (₹.) 92.8 93.9
Reserves (₹ Cr.) 9,341 9,452
P/BV 16.00 15.82
PE 68.19 67.87
From the Market
52 Week Low / High (₹) 1310.08 / 1620.10
All Time Low / High (₹) 1.52 / 1707.20
Market Cap (₹ Cr.) 1,51,100
Equity (₹ Cr.) 101.8
Face Value (₹) 1
Industry PE 48.1

Management X-Ray of Pidilite Inds.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Valuation of Pidilite Inds. - Consolidated Basis

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Event Update

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Analyst's Notes

data not found
No data found!

Key Ratios of Pidilite Inds.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales5,3615,6176,0787,0787,2947,2939,92111,79912,38313,140
Operating Expenses 4,1884,3574,7375,7105,7185,6128,0749,8159,67610,128
Manufacturing Costs3954214845475956758329121,0351,145
Material Costs2,5852,6402,8883,5873,4033,3775,4446,7595,9945,996
Employee Cost 5726457128379279811,1121,2461,4651,742
Other Costs 6366526537407945806858981,1811,245
Operating Profit 1,1731,2601,3411,3681,5761,6811,8471,9842,7073,013
Operating Profit Margin (%) 21.9%22.4%22.1%19.3%21.6%23.0%18.6%16.8%21.9%22.9%
Other Income 78112148147149793650140247
Interest 13141626343742485150
Depreciation 100115120133170201240270341358
Exceptional Items 000-18-55-400-72-25
Profit Before Tax 1,1411,2481,3591,3421,4701,5221,6141,7232,3792,823
Tax 334385393413348396407434632727
Profit After Tax 8078639669281,1221,1261,2071,2891,7472,096
PAT Margin (%) 15.1%15.4%15.9%13.1%15.4%15.4%12.2%10.9%14.1%16.0%
Adjusted EPS (₹)7.88.49.59.111.011.111.912.517.020.4
Dividend Payout Ratio (%)27%28%32%36%32%38%42%44%47%49%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund 2,6343,4603,5654,1384,4455,5686,3717,1698,3979,664
Share Capital 51515151515151515151
Reserves 2,5833,4093,5144,0884,3945,5176,3207,1188,3469,613
Minority Interest43127175207216240199234210203
Debt8098123111169214286163131147
Long Term Debt657925122000
Short Term Debt7493115103144202284163131147
Trade Payables3743905445816211,0071,0491,0641,1481,390
Others Liabilities 5826957928671,0721,7861,5891,8762,1902,579
Total Liabilities 3,7144,7705,1995,9046,5238,8149,49410,50512,07613,984

Fixed Assets

Gross Block1,9282,1662,3402,5373,0575,8346,3016,7387,4277,958
Accumulated Depreciation7908919981,0891,2501,4161,5971,8241,9772,253
Net Fixed Assets 1,1371,2751,3421,4481,8074,4184,7034,9145,4515,705
CWIP 158148228242259294225406148129
Investments 7061,4431,2461,5481,1865164598812,2353,551
Inventories6277218049349291,2341,6951,8171,4151,685
Trade Receivables7027699381,0561,0891,3211,4311,5351,6751,811
Cash Equivalents 132100164190703451355327533336
Others Assets 252315477485549579626625619766
Total Assets 3,7144,7705,1995,9046,5238,8149,49410,50512,07613,984

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity 9077947968451,2801,3929551,5582,7242,287
PBT 1,1411,2481,3591,3421,4701,5221,6141,7232,3792,823
Adjustment 82594392146214314325419397
Changes in Working Capital -1-140-177-1795727-510-79574-201
Tax Paid -314-373-428-409-393-371-462-412-648-733
Cash Flow From Investing Activity -491-87939-513103-1,688-558-899-1,769-1,542
Capex -166-122-176-254-444-352-374-498-553-448
Net Investments -259-663295-27952370272-407-1,222-1,090
Others -66-93-801924-2,038-25765-4
Cash Flow From Financing Activity -37141-790-361-849-76-468-656-742-918
Net Proceeds from Shares 348124293-290002
Net Proceeds from Borrowing 5-14122-11-18-300
Interest Paid -13-14-16-17-25-29-33-48-37-34
Dividend Paid -403-32-293-363-825-1-432-508-560-813
Others 76-509-10-23-615-97-146-72
Net Cash Flow 45-4546-29533-372-712212-173

Finance Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)32.9228.3327.524.126.1522.520.2219.0422.4523.21
ROCE (%)45.7340.1637.8234.3733.8129.8626.4825.1830.5531.16
Asset Turnover Ratio1.621.431.251.271.170.951.081.181.11.01
PAT to CFO Conversion(x)1.120.920.820.911.141.240.791.211.561.09
Working Capital Days
Receivable Days41445051546051464748
Inventory Days41414545475454544843
Payable Days50535957648869576777

Pidilite Industries Ltd Stock News

Pidilite Industries Ltd FAQs

The current trading price of Pidilite Inds. on 05-Dec-2025 13:50 is ₹1,470.2.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Dec-2025 the market cap of Pidilite Inds. stood at ₹1,51,100.
The latest P/E ratio of Pidilite Inds. as of 04-Dec-2025 is 68.19.
The latest P/B ratio of Pidilite Inds. as of 04-Dec-2025 is 16.00.
The 52-week high of Pidilite Inds. is ₹1,620.1 and the 52-week low is ₹1,310.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Pidilite Inds. is ₹12,717 ( Cr.) .

About Pidilite Industries Ltd

PidiliteIndustriesLimited is a consumer centric company committed to quality and innovation. For decades, the company has been pioneering products for small to large applications, at home and industry, which have forged strong bonds with people from all walks of life. Since its inception in 1959, Pidilite Industries Limited has been a pioneer in consumer and specialities chemicals in India.

From adhesives, sealants, waterproofing solutions and construction chemicals to arts & crafts, industrial resins, polymers and more, its product portfolio is as diverse as it is ever-evolving. Today, its brands are trusted household and industrial names, and it is the market leader in adhesives. A robust and growing network makes its products accessible across demographics and geographies.

Business area of the company

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

Brands of the company

  • Fevicol
  • Fevicol MR
  • Dr. Fixit
  • Fevikwik
  • M-Seal
  • Fevistik
  • Fevicryl
  • Hobby Ideas

Industrial Products

  • Textile and Paper Chemicals
  • Industrial Resins
  • Leather Chemicals
  • Industrial Adhesives
  • Footwear Adhesives
  • Organic Pigment Powders and Pigment Preparation
  • Industrial Bonding Solutions
  • Maintenance, Repair and Overhaul Solutions

Awards

  • India Business Leader Awards (IBLA) - Fevicol 60-year commemorative campaign was conferred with the ‘Brand Campaign of the Year’ award at the CNBC-TV18 India Business Leader Awards (IBLA) 2020. It also won the Marketing Campaign of the Year at the ABP Awards and Corporate Image Gold at the Primetime Awards.
  • EFFIES-Fevikwik ‘Phenko Nahi Jodo’ campaign was recognized across platforms, bagging 2 Silver and 1 Bronze medal in EFFIES 2020. It also won the Marketing Campaign of the Year in ABP 2019 and Primetime Gold Award in the Best Television Advertisement category.
  • DOD (Drivers of Digital) Awards Sammie's (Social Samosa) Awards-Fevicryl and its digital agency partner, Schbang won two awards for the Best Digita Campaign for Kalastar, a 360 degree take to help enthusiasts understand fabric colours better. The response was overwhelming, with 16,278 entries into the contest.

Milestones

1959: The Birth of Fevicol

  • Everything great starts small and Pidilite is no exception. The company started with a single factory that manufactured only one product, Fevicol. This white synthetic resin adhesive was primarily launched to make the lives of carpenters and woodworkers easy. Up until then, animal fat, which was clumsy and cumbersome, was the only glue available.

1963: Commissioning of manufacturing plant

  • Barely four years after starting the company, the first modern manufacturing plant was established in Kondivita Village, Mumbai. Today, this building houses the Corporate Head Office.

1990: Establishing Brand Pidilite

  • The name, Pidilite Industries Private Limited, was incorporated, thus taking the first step towards brand recognition.

1993: Pidilite goes public

  • Pidilite was listed on the Bombay Stock Exchange.

1997: Fevicol makes it to the Top 15

  • Fevicol continues to win hearts, and market share, and is ranked amongst the Top 15 Indian brands by FE Brandwagon Year Book 1997.

2000: M-Seal is acquired. A new division is set up.

  • M-seal, a leading brand of epoxy compounds was acquired. This laid the foundation for a new division, the company’s Maintenance Division.

2001: Dr. Fixit - The Waterproofing Expert

  • Pidilite launched Dr. Fixit, an extensive range of Construction Chemicals, thus diversifying its product range. Dr. Fixit was specially developed as a waterproofing solution to be used in new constructions, or in the repair of old ones.

2002: Truly A Winner - Fevicol Wins At Cannes.

  • The famous Fevicol 'Bus ad' not only won the hearts of the Indian people but also the world, going ahead to win the Silver Lion award at Cannes Lions International Festival of Creativity 2002.

2004: Hits the Rs1000 crore turnover mark

  • Just over 4 decades after its launch, Pidilite declared a turnover of Rs.1000 crores. The company had grown 1000 times in just 45 years.

2006: Expanding the global footprint

  • Pidilite USA Inc., acquired businesses and assets of Sargent Art Inc., makers of art materials which had been selling world-class art materials in USA for over 50 years.
  • Pidilite acquired Tristar Colman, now known as Colstar, a market leader in brushes, canvases and colours.
  • Pidilite established its Singapore R&D centre to attract international talent and expand its product innovation strategies.

2016: Another year, another award

  • Pidilite Industries received the 'Most Promising Company of the Year Award' at the CNBC-TV18, 11th Indian Business Leader Awards (IBLA). The award is a tribute and testimony to the diligence of Pidilitians all over.

2020: Pidilite Industries incorporates Joint Venture Company

  • Pidilite Industries has incorporated a Joint Venture Company in the name of ‘Pidilite Grupo Puma Manufacturing’ (PGPML) on January 13, 2020 to carry on the business of manufacturing, processing and distribution of technical mortars and other materials used in construction etc.
  • Nina Percept (NPPL), subsidiary of Pidilite Industries along with Pidilite Speciality Chemicals (PSCB), step-down subsidiary of the company, has incorporated a company in Bangladesh namely ‘Nina Percept (Bangladesh)’.
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