Pidilite Industries Ltd.

•

pidilite.comBSE: 500331NSE: PIDILITIND

Market Cap₹ 1,59,548 Cr.

Current Price

High / Low₹ 1,708 / 1,259

Stock P/E60.2

Book Value₹ 114

Price to Book12.25

Dividend Yield1.37 %

ROCE32.4 %

ROE24.3 %

Face Value₹ 1

Add ratio to table

ABOUT

KEY POINTS

Revenue Breakup Mar 2026 • Consumer and Bazaar Products: 78.0% • Business to Business: 21.6% • Others: 0.4%

AI Sector View

AI GENERATED

Chemicals

Hold

The available domestic chemical proxies are mixed to weak. Fertilizers output was -8.0% YoY (2026-07) and sale quantity of fertilisers was 0.0% YoY (2026-05), although that high-frequency barometer is stale. FPI positioning is less negative than before, with net 3-month outflow only INR -11 crore versus INR -1229 crore in the prior 3 months to 2026-08-31, but the weak sector driver argues for a neutral stance.

Confidence

55%

View full sector analysis →

PROS

Company is almost debt free
Company has a healthy return on capital (ROCE) of 31.4%
Company has a good return on equity (ROE) track record: 3 Years ROE 23.3%
Company has consistently been profitable over the last 5 years
Latest quarter profit grew 30.3% YoY, showing strong momentum
Operating margins have improved to 24.1% from 17.2%

CONS

Stock is trading at 12.3x its book value
Recurring exceptional / one-off items are inflating headline profit
Expensive relative to growth - PEG of 2.5
Rich enterprise valuation - EV/EBITDA of 34.5x

* The pros and cons are machine generated based on quantitative rules.

Peer comparison

ChemicalsChemicalsChemicals

Part ofNIFTY NEXT 50 NIFTY100 QUALTY30 NIFTYLARGEMIDCAP250 NIFTY100 LOWVOL30 NIFTY100 EQL WGT

S.No.	Name
1.	SOLARINDS	22307.50	101.37	201860.69	0.05	666.37	88.98	3668.20	70.26	38.16	27.91
2.	PIDILITIND	1567.45	60.23	159547.55	1.37	8835.10	1202.86	45515.50	1112.74	32.38	26.28
3.	SRF	2483.00	34.05	73602.28	0.36	758.87	75.53	5033.26	34.63	14.21	24.57
4.	FLUOROCHEM	4771.75	85.23	52417.67	0.06	219.00	19.02	1588.00	23.97	9.58	26.83
5.	NAVINFLUOR	8541.10	55.49	43822.77	0.18	243.31	107.67	1045.08	44.07	21.39	34.17
6.	GODREJIND	1127.00	32.29	37963.11	0.00	523.36	-27.85	5448.09	22.16	10.64	12.82
7.	AETHER	1672.95	94.41	22204.70	0.00	62.75	33.45	326.56	27.49	11.65	31.47
8.	DEEPAKNTR	1587.10	27.64	21646.94	0.47	345.01	207.36	2577.60	36.39	11.58	20.96
9.	ATUL	6244.55	23.11	18385.05	0.48	253.93	91.85	1847.95	25.03	15.05	21.41
10.	AARTIIND	492.15	33.62	17851.59	0.20	155.00	260.47	2387.00	42.42	6.95	16.00
11.	DEEPAKFERT	1320.45	17.00	16725.20	0.76	490.04	100.95	3256.26	22.47	12.12	25.96
12.	BASF	3665.15	24.67	15864.84	0.68	360.29	162.22	4824.26	24.57	15.23	10.46

Detailed Comparison with:

Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	3,275	3,076	3,130	2,902	3,395	3,235	3,369	3,141	3,753	3,554	3,710	3,583	45,516
	2,568	2,396	2,388	2,325	2,583	2,466	2,571	2,509	2,812	2,704	2,815	2,751	34,683
Operating Profit	707	680	742	577	813	769	798	633	941	851	894	833	10,833
OPM %	21.59%	22.10%	23.72%	19.88%	23.94%	23.77%	23.70%	20.14%	25.07%	23.93%	24.11%	23.24%	23.80%
	23	32	37	-23	54	57	56	55	86	50	60	57	776
Interest	12	13	13	13	12	12	12	14	14	13	13	14	133
Depreciation	73	75	79	113	84	88	90	97	97	100	101	97	973
Profit before Tax	645	623	687	428	770	726	752	577	916	788	840	779	11,920
Tax %	26.42%	26.18%	25.68%	28.47%	25.75%	25.44%	25.88%	25.77%	26.01%	25.74%	25.70%	24.72%	25.88%
Net Profit	0	0	0	0	571	540	557	428	678	585	624	584	8,835
	9.21	8.85	10.04	5.91	11.15	5.26	5.43	4.15	13.22	5.69	6.07	5.69	8.57

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
	5,617	6,078	7,078	7,294	7,293	9,921	11,799	12,383	13,140	14,601	15,399
	4,357	4,737	5,710	5,718	5,612	8,074	9,815	9,676	10,128	11,082	11,738
Operating Profit	1,260	1,341	1,368	1,576	1,681	1,847	1,984	2,707	3,013	3,519	3,661
OPM %	22.43%	22.07%	19.33%	21.61%	23.05%	18.62%	16.82%	21.86%	22.93%	24.10%	23.78%
	112	148	129	94	76	36	50	68	222	252	244
Interest	14	16	26	34	37	42	48	51	50	54	54
Depreciation	115	120	133	170	201	240	270	341	358	395	395
Profit before Tax	1,248	1,359	1,342	1,470	1,522	1,614	1,723	2,379	2,823	3,320	3,598
Tax %	30.85%	28.90%	30.80%	23.66%	26.03%	25.22%	25.21%	26.56%	25.74%	25.58%	25.56%
Net Profit	863	966	928	1,122	1,126	1,207	1,289	1,747	2,096	2,471	2,679
EPS	16.77	18.94	18.20	21.97	22.24	23.75	25.03	34.00	40.82	24.06	—
Dividend Payout %	28.32%	31.66%	35.70%	31.86%	38.19%	42.09%	43.91%	47.05%	48.99%	89.36%	—

COMPOUNDED SALES GROWTH

10 Years:: 11%
5 Years:: 15%
3 Years:: 7%

COMPOUNDED PROFIT GROWTH

10 Years:: 12%
5 Years:: 17%
3 Years:: 24%

STOCK PRICE CAGR

10 Years:: 16%
5 Years:: 6%
3 Years:: 8%
1 Year:: 2%

RETURN ON EQUITY

10 Years:: 24%
5 Years:: 22%
3 Years:: 23%
Last Year:: 24%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	51	51	51	51	51	51	51	51	51	102
Minority Interest	127	175	207	216	240	199	234	210	203	216
	3,409	3,514	4,088	4,394	5,517	6,320	7,118	8,346	9,613	10,578
	122	214	197	259	308	402	353	329	371	336
Trade Payables	390	544	581	621	1,007	1,049	1,064	1,148	1,390	1,537
	671	701	781	982	1,691	1,473	1,686	1,991	2,355	2,630
Total Liabilities	4,770	5,199	5,904	6,523	8,814	9,494	10,505	12,076	13,984	15,399
	1,275	1,342	1,448	1,807	4,418	4,703	4,914	5,451	5,705	5,774
Capital Work in Progress	148	228	242	259	294	225	406	148	129	329
	1,443	1,246	1,548	1,186	516	459	881	2,235	3,551	4,350
	721	804	934	929	1,234	1,695	1,817	1,415	1,685	1,738
	0	0	0	0	0	0	0	1,675	1,811	2,181
Cash & Bank	100	164	190	703	451	355	327	533	336	299
	1,084	1,415	1,541	1,638	1,900	2,057	2,160	619	766	729
Total Assets	4,770	5,199	5,904	6,523	8,814	9,494	10,505	12,076	13,984	15,399

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	1,167	1,224	1,254	1,673	1,763	1,417	1,969	2,724	2,287	2,828
Cash from Investing	-879	39	-513	103	-1,688	-558	-899	-1,769	-1,542	-1,224
Cash from Financing	41	-790	-361	-849	-76	-468	-656	-742	-918	-1,673
	-45	46	-29	533	-372	-71	2	212	-173	-68

Ratios

Consolidated Figures in Rs. Crores / View Standalone

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026

Shareholding Pattern

Numbers in percentages

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	69.75	69.60	69.60	69.50	69.36	69.33	69.33	69.32	69.24
	11.59	11.96	11.79	11.60	12.13	12.08	12.01	11.75	11.69
	8.97	8.89	9.14	9.42	9.14	9.14	9.20	9.55	9.80
Government	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	9.70	9.54	9.47	9.48	9.35	9.44	9.42	9.30	9.19

Documents

Corporate disclosures, annual reports, credit ratings, and concall transcripts

2026-09-09

Copy of Newspaper Publication

2026-09-09 - Pidilite Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding Special Window for transfer anddematerialisation of physical securities

2026-09-03

General Updates

2026-09-03 - Pidilite Industries Limited has informed the Exchange about General Updates

2026-09-01

Analysts/Institutional Investor Meet/Con. Call Updates

2026-09-01 - Pidilite Industries Limited has informed the Exchange about Schedule of meet

2026-09-01

Action(s) initiated or orders passed

2026-09-01 - Pidilite Industries Limited has informed the Exchange about Action(s) initiated or orders passed

2026-08-26

Resignation of Director/KMP/SMP

2026-08-26 - Pidilite Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP

2026-08-25

General Updates

2026-08-25 - Pidilite Industries Limited has informed the Exchange about Intimation under Regulation 30 - Resignation of SMP

2026-08-24

Analysts/Institutional Investor Meet/Con. Call Updates

2026-08-24 - Pidilite Industries Limited has informed the Exchange about Schedule of meet

2026-08-21

ESOP/ESOS/ESPS

2026-08-21 - Pidilite Industries Limited has informed the Exchange regarding Allotment of 89340 Shares.

2026-08-20

Shareholders meeting

2026-08-20 - Pidilite Industries Limited has informed the Exchange with copy of minutes of Annual General Meeting held on August 04, 2026

News

Recent coverage and analyst commentary for PIDILITIND

Loading news…

🤖

AI Stock Analyst

Pidilite Industries Ltd.

🔒

Sign in to Chat with AI

✨ Sign In to Chat

Free 5nance Account

Name

SOLARINDS

22307.50

101.37

201860.69

0.05

666.37

88.98

3668.20

70.26

38.16

27.91

PIDILITIND

1567.45

60.23

159547.55

1.37

8835.10

1202.86

45515.50

1112.74

32.38

26.28

SRF

2483.00

34.05

73602.28

0.36

758.87

75.53

5033.26

34.63

14.21

24.57

FLUOROCHEM

4771.75

85.23

52417.67

0.06

219.00

19.02

1588.00

23.97

9.58

26.83

NAVINFLUOR

8541.10

55.49

43822.77

0.18

243.31

107.67

1045.08

44.07

21.39

34.17

GODREJIND

1127.00

32.29

37963.11

0.00

523.36

-27.85

5448.09

22.16

10.64

12.82

AETHER

1672.95

94.41

22204.70

0.00

62.75

33.45

326.56

27.49

11.65

31.47

DEEPAKNTR

1587.10

27.64

21646.94

0.47

345.01

207.36

2577.60

36.39

11.58

20.96

ATUL

6244.55

23.11

18385.05

0.48

253.93

91.85

1847.95

25.03

15.05

21.41

AARTIIND

492.15

33.62

17851.59

0.20

155.00

260.47

2387.00

42.42

6.95

16.00

DEEPAKFERT

1320.45

17.00

16725.20

0.76

490.04

100.95

3256.26

22.47

12.12

25.96

BASF

3665.15

24.67

15864.84

0.68

360.29

162.22

4824.26

24.57

15.23

10.46

Jun 2023

Sep 2023

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

3,275

3,076

3,130

2,902

3,395

3,235

3,369

3,141

3,753

3,554

3,710

3,583

45,516

2,568

2,396

2,388

2,325

2,583

2,466

2,571

2,509

2,812

2,704

2,815

2,751

34,683

Operating Profit

707

680

742

577

813

769

798

633

941

851

894

833

10,833

OPM %

21.59%

22.10%

23.72%

19.88%

23.94%

23.77%

23.70%

20.14%

25.07%

23.93%

24.11%

23.24%

23.80%

-23

776

Interest

133

Depreciation

113

100

101

973

Profit before Tax

645

623

687

428

770

726

752

577

916

788

840

779

11,920

Tax %

26.42%

26.18%

25.68%

28.47%

25.75%

25.44%

25.88%

25.77%

26.01%

25.74%

25.70%

24.72%

25.88%

Net Profit

571

540

557

428

678

585

624

584

8,835

9.21

8.85

10.04

5.91

11.15

5.26

5.43

4.15

13.22

5.69

6.07

5.69

8.57

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

TTM

5,617

6,078

7,078

7,294

7,293

9,921

11,799

12,383

13,140

14,601

15,399

4,357

4,737

5,710

5,718

5,612

8,074

9,815

9,676

10,128

11,082

11,738

Operating Profit

1,260

1,341

1,368

1,576

1,681

1,847

1,984

2,707

3,013

3,519

3,661

OPM %

22.43%

22.07%

19.33%

21.61%

23.05%

18.62%

16.82%

21.86%

22.93%

24.10%

23.78%

112

148

129

222

252

244

Interest

Depreciation

115

120

133

170

201

240

270

341

358

395

Profit before Tax

1,248

1,359

1,342

1,470

1,522

1,614

1,723

2,379

2,823

3,320

3,598

Tax %

30.85%

28.90%

30.80%

23.66%

26.03%

25.22%

25.21%

26.56%

25.74%

25.58%

25.56%

Net Profit

863

966

928

1,122

1,126

1,207

1,289

1,747

2,096

2,471

2,679

EPS

16.77

18.94

18.20

21.97

22.24

23.75

25.03

34.00

40.82

24.06

—

Dividend Payout %

28.32%

31.66%

35.70%

31.86%

38.19%

42.09%

43.91%

47.05%

48.99%

89.36%

—

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Equity Capital

102

Minority Interest

127

175

207

216

240

199

234

210

203

216

3,409

3,514

4,088

4,394

5,517

6,320

7,118

8,346

9,613

10,578

122

214

197

259

308

402

353

329

371

336

Trade Payables

390

544

581

621

1,007

1,049

1,064

1,148

1,390

1,537

671

701

781

982

1,691

1,473

1,686

1,991

2,355

2,630

Total Liabilities

4,770

5,199

5,904

6,523

8,814

9,494

10,505

12,076

13,984

15,399

1,275

1,342

1,448

1,807

4,418

4,703

4,914

5,451

5,705

5,774

Capital Work in Progress

148

228

242

259

294

225

406

148

129

329

1,443

1,246

1,548

1,186

516

459

881

2,235

3,551

4,350

721

804

934

929

1,234

1,695

1,817

1,415

1,685

1,738

1,675

1,811

2,181

Cash & Bank

100

164

190

703

451

355

327

533

336

299

1,084

1,415

1,541

1,638

1,900

2,057

2,160

619

766

729

Total Assets

4,770

5,199

5,904

6,523

8,814

9,494

10,505

12,076

13,984

15,399

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

1,167

1,224

1,254

1,673

1,763

1,417

1,969

2,724

2,287

2,828

Cash from Investing

-879

-513

103

-1,688

-558

-899

-1,769

-1,542

-1,224

Cash from Financing

-790

-361

-849

-76

-468

-656

-742

-918

-1,673

-45

-29

533

-372

-71

212

-173

-68

Mar 2017

Mar 2018

Mar 2019

Mar 2020

Mar 2021

Mar 2022

Mar 2023

Mar 2024

Mar 2025

Mar 2026

Jun 2024

Sep 2024

Dec 2024

Mar 2025

Jun 2025

Sep 2025

Dec 2025

Mar 2026

Jun 2026

69.75

69.60

69.50

69.36

69.33

69.32

69.24

11.59

11.96

11.79

11.60

12.13

12.08

12.01

11.75

11.69

8.97

8.89

9.14

9.42

9.14

9.20

9.55

9.80

Government

0.00

9.70

9.54

9.47

9.48

9.35

9.44

9.42

9.30

9.19

Pidilite Industries Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI

Pidilite Industries Ltd.

AI Sector View

Peer comparison

Quarterly Results

Profit & Loss

Balance Sheet

Corporate actions

Cash Flows

Ratios

Shareholding Pattern

Documents

News

Sign in to Chat with AI