Pidilite Industries Limited

BSE:500331 Stock Report

Market Cap: ₹1.4t

Pidilite Industries Valuation

Is 500331 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

0/6

Valuation Score 0/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 500331 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹623.95
Fair Value
341.4% overvalued intrinsic discount
18
Number of Analysts

Below Fair Value: 500331 (₹2754.2) is trading above our estimate of fair value (₹623.95)

Significantly Below Fair Value: 500331 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 500331?

Key metric: As 500331 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 500331. This is calculated by dividing 500331's market cap by their current earnings.
What is 500331's PE Ratio?
PE Ratio73.3x
Earnings₹19.13b
Market Cap₹1.40t

Price to Earnings Ratio vs Peers

How does 500331's PE Ratio compare to its peers?

The above table shows the PE ratio for 500331 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.8x
503806 SRF
66.2x27.8%₹747.5b
BASF BASF India
32.1xn/a₹208.8b
DCMSHRIRAM DCM Shriram
32.1xn/a₹174.4b
500027 Atul
52.7x30.3%₹199.4b
500331 Pidilite Industries
73.3x13.9%₹1.4t

Price-To-Earnings vs Peers: 500331 is expensive based on its Price-To-Earnings Ratio (73.3x) compared to the peer average (45.8x).

Price to Earnings Ratio vs Industry

How does 500331's PE Ratio compare vs other companies in the IN Chemicals Industry?

7 CompaniesPrice / EarningsEstimated GrowthMarket Cap
ZUARI Zuari Agro Chemicals
4.9xn/aUS$101.08m
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.3xn/aUS$62.85m
UNIVPHOTO Universus Photo Imagings
2.7xn/aUS$26.36m
526773 Pressure Sensitive Systems (India)
0.6xn/aUS$7.35m
500331 73.3xIndustry Avg. 30.0xNo. of Companies39PE020406080100+
7 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 500331 is expensive based on its Price-To-Earnings Ratio (73.3x) compared to the Indian Chemicals industry average (30x).

Price to Earnings Ratio vs Fair Ratio

What is 500331's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

500331 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio73.3x
Fair PE Ratio28.4x

Price-To-Earnings vs Fair Ratio: 500331 is expensive based on its Price-To-Earnings Ratio (73.3x) compared to the estimated Fair Price-To-Earnings Ratio (28.4x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 500331 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,754.20
₹3,228.33
+17.2%
9.1%₹3,735.00₹2,600.00n/a18
Jan ’26₹2,862.30
₹3,252.29
+13.6%
7.8%₹3,735.00₹2,700.00n/a17
Dec ’25₹3,065.25
₹3,251.71
+6.1%
7.8%₹3,735.00₹2,700.00n/a17
Nov ’25₹3,159.80
₹3,235.41
+2.4%
7.8%₹3,735.00₹2,700.00n/a17
Oct ’25₹3,340.00
₹3,178.47
-4.8%
7.8%₹3,690.00₹2,700.00n/a17
Sep ’25₹3,122.80
₹3,154.67
+1.0%
9.9%₹3,690.00₹2,300.00n/a18
Aug ’25₹3,123.45
₹2,928.50
-6.2%
11.2%₹3,545.00₹2,300.00n/a18
Jul ’25₹3,120.05
₹2,866.95
-8.1%
11.4%₹3,350.00₹2,245.00n/a19
Jun ’25₹2,963.10
₹2,839.05
-4.2%
11.0%₹3,350.00₹2,245.00n/a19
May ’25₹3,046.55
₹2,730.59
-10.4%
10.6%₹3,220.00₹2,200.00n/a17
Apr ’25₹3,049.30
₹2,729.05
-10.5%
10.6%₹3,220.00₹2,200.00n/a19
Mar ’25₹2,755.85
₹2,703.79
-1.9%
10.4%₹3,220.00₹2,200.00n/a19
Feb ’25₹2,510.40
₹2,703.79
+7.7%
10.4%₹3,220.00₹2,200.00n/a19
Jan ’25₹2,697.35
₹2,550.42
-5.4%
9.1%₹2,955.00₹2,160.00₹2,862.3019
Dec ’24₹2,561.40
₹2,549.65
-0.5%
8.9%₹2,955.00₹2,160.00₹3,065.2520
Nov ’24₹2,406.30
₹2,530.15
+5.1%
9.7%₹2,955.00₹2,160.00₹3,159.8020
Oct ’24₹2,439.70
₹2,491.15
+2.1%
10.4%₹2,955.00₹2,100.00₹3,340.0020
Sep ’24₹2,499.80
₹2,491.15
-0.3%
10.4%₹2,955.00₹2,100.00₹3,122.8020
Aug ’24₹2,634.20
₹2,433.47
-7.6%
9.9%₹2,830.00₹2,050.00₹3,123.4519
Jul ’24₹2,597.65
₹2,440.33
-6.1%
10.7%₹2,880.00₹2,050.00₹3,120.0518
Jun ’24₹2,650.70
₹2,434.53
-8.2%
10.6%₹2,880.00₹2,000.00₹2,963.1019
May ’24₹2,418.25
₹2,405.44
-0.5%
11.4%₹2,855.00₹2,000.00₹3,046.5518
Apr ’24₹2,353.80
₹2,407.39
+2.3%
11.3%₹2,855.00₹2,000.00₹3,049.3018
Mar ’24₹2,306.95
₹2,430.68
+5.4%
11.6%₹2,855.00₹2,000.00₹2,755.8519
Feb ’24₹2,314.10
₹2,430.68
+5.0%
11.6%₹2,855.00₹2,000.00₹2,510.4019
Jan ’24₹2,550.65
₹2,615.22
+2.5%
11.5%₹3,150.00₹2,150.00₹2,697.3518
Analyst Price Target
Consensus Narrative from 18 Analysts
₹3.23k
Fair Value
14.7% undervalued intrinsic discount
18
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/22 18:39
End of Day Share Price 2025/01/22 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

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.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Pidilite Industries Limited is covered by 33 analysts. 18 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited
Tejash ShahAvendus Spark