Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally.
Pidilite Industries Competitors
Price History & Performance
|Historical stock prices|
|Current Share Price||₹2,318.55|
|52 Week High||₹1,465.00|
|52 Week Low||₹2,531.90|
|1 Month Change||-5.44%|
|3 Month Change||-0.13%|
|1 Year Change||54.32%|
|3 Year Change||148.11%|
|5 Year Change||219.32%|
|Change since IPO||6,001.46%|
Recent News & Updates
|500331||IN Chemicals||IN Market|
Return vs Industry: 500331 underperformed the Indian Chemicals industry which returned 63.6% over the past year.
Return vs Market: 500331 underperformed the Indian Market which returned 61% over the past year.
Stable Share Price: 500331 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.
Volatility Over Time: 500331's weekly volatility (3%) has been stable over the past year.
About the Company
Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. The company operates in two segments, Consumer & Bazaar, and Business to Business. It offers adhesives, sealants, art and craft materials, construction and paint chemicals, and others for use by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The company also provides industrial adhesives and resins, construction chemicals, organic pigments, pigment preparations, etc. for use in various industries, including packaging, joineries, textiles, paints, printing inks, paper, leather, etc. In addition, it offers specialty acetates, raw materials, etc.; and waterproofing services, as well as wood finishes.
Pidilite Industries Fundamentals Summary
|500331 fundamental statistics|
Is 500331 overvalued?See Fair Value and valuation analysis
Earnings & Revenue
|500331 income statement (TTM)|
|Cost of Revenue||₹39.89b|
Last Reported Earnings
Jun 30, 2021
Next Earnings Date
Nov 10, 2021
|Earnings per share (EPS)||26.06|
|Net Profit Margin||15.86%|
How did 500331 perform over the long term?See historical performance and comparison
0.4%Current Dividend Yield
Is Pidilite Industries undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 500331 (₹2318.55) is trading above our estimate of fair value (₹596.09)
Significantly Below Fair Value: 500331 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 500331 is poor value based on its PE Ratio (89x) compared to the Indian Chemicals industry average (18.6x).
PE vs Market: 500331 is poor value based on its PE Ratio (89x) compared to the Indian market (21.3x).
Price to Earnings Growth Ratio
PEG Ratio: 500331 is poor value based on its PEG Ratio (4.7x)
Price to Book Ratio
PB vs Industry: 500331 is overvalued based on its PB Ratio (21.1x) compared to the IN Chemicals industry average (2.3x).
How is Pidilite Industries forecast to perform in the next 1 to 3 years based on estimates from 19 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 500331's forecast earnings growth (19.1% per year) is above the savings rate (6.7%).
Earnings vs Market: 500331's earnings (19.1% per year) are forecast to grow slower than the Indian market (19.3% per year).
High Growth Earnings: 500331's earnings are forecast to grow, but not significantly.
Revenue vs Market: 500331's revenue (12.9% per year) is forecast to grow slower than the Indian market (13% per year).
High Growth Revenue: 500331's revenue (12.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 500331's Return on Equity is forecast to be high in 3 years time (24%)
How has Pidilite Industries performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500331 has high quality earnings.
Growing Profit Margin: 500331's current net profit margins (15.9%) are higher than last year (13.8%).
Past Earnings Growth Analysis
Earnings Trend: 500331's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: 500331's earnings growth over the past year (55.8%) exceeds its 5-year average (6.9% per year).
Earnings vs Industry: 500331 earnings growth over the past year (55.8%) exceeded the Chemicals industry 43.9%.
Return on Equity
High ROE: 500331's Return on Equity (22.8%) is considered high.
How is Pidilite Industries's financial position?
Financial Position Analysis
Short Term Liabilities: 500331's short term assets (₹35.2B) exceed its short term liabilities (₹24.3B).
Long Term Liabilities: 500331's short term assets (₹35.2B) exceed its long term liabilities (₹5.6B).
Debt to Equity History and Analysis
Debt Level: 500331's debt to equity ratio (5.7%) is considered satisfactory.
Reducing Debt: 500331's debt to equity ratio has increased from 3% to 5.7% over the past 5 years.
Debt Coverage: 500331's debt is well covered by operating cash flow (420.6%).
Interest Coverage: 500331's interest payments on its debt are well covered by EBIT (88.8x coverage).
What is Pidilite Industries's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 500331's dividend (0.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).
High Dividend: 500331's dividend (0.37%) is low compared to the top 25% of dividend payers in the Indian market (1.41%).
Stability and Growth of Payments
Stable Dividend: 500331's dividend payments have been volatile in the past 10 years.
Growing Dividend: 500331's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (32.7%), 500331's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: 500331's dividends in 3 years are forecast to be well covered by earnings (36.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Bharat Puri (60 yo)
Mr. Bharat Tilakraj Puri has been the Managing Director of Pidilite Industries Limited since April 10, 2015 and has been its Executive Director since May 28, 2008. Mr. Puri serves as the Chief Executive Of...
CEO Compensation Analysis
Compensation vs Market: Bharat's total compensation ($USD1.79M) is above average for companies of similar size in the Indian market ($USD1.15M).
Compensation vs Earnings: Bharat's compensation has been consistent with company performance over the past year.
Experienced Management: 500331's management team is not considered experienced ( 1.9 years average tenure), which suggests a new team.
Experienced Board: 500331's board of directors are considered experienced (6.9 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: 500331 insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Pidilite Industries Limited's employee growth, exchange listings and data sources
- Name: Pidilite Industries Limited
- Ticker: 500331
- Exchange: BSE
- Founded: 1959
- Industry: Diversified Chemicals
- Sector: Materials
- Market Cap: ₹1.178t
- Shares outstanding: 508.15m
- Website: https://www.pidilite.com
Number of Employees
- Pidilite Industries Limited
- Ramkrishna Mandir Road
- Off. Mathuradas Vasanji Road
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2021/10/24 12:01|
|End of Day Share Price||2021/10/22 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.