Pidilite Industries Limited

NSEI:PIDILITIND Stock Report

Market Cap: ₹1.6t

Pidilite Industries Dividends and Buybacks

Dividend criteria checks 4/6

Pidilite Industries is a dividend paying company with a current yield of 0.72% that is well covered by earnings. Next payment date is on 3rd September, 2026 with an ex-dividend date of 23rd July, 2026.

Key information

0.7%

Dividend yield

-0.0004%

Buyback Yield

Total Shareholder Yield0.7%
Future Dividend Yield1.3%
Dividend Growth22.3%
Next dividend pay date03 Sep 26
Ex dividend date23 Jul 26
Dividend per sharen/a
Payout ratio48%

Recent dividend and buyback updates

Recent updates

Narrative Update Jun 26

PIDILITIND: Future Dividend Policy Will Support A More Attractive Entry

Analysts have lowered their fair value estimate for Pidilite Industries from ₹2,615.67 to ₹1,915.00, citing updated assumptions around discount rate, revenue growth, profit margins and future P/E expectations. What’s in the News for Pidilite Industries A board meeting is scheduled for May 07, 2026, to consider and record audited financial results for the year ended March 31, 2026, and to consider a potential dividend recommendation on the company’s equity shares.
Narrative Update May 30

PIDILITIND: Fair Outlook Will Depend On Upcoming Dividend Decision

Analysts have raised their fair value estimate for Pidilite Industries from ₹1,549.84 to ₹1,620.05, citing updated assumptions for revenue growth, profit margins, a slightly adjusted discount rate, and a lower future P/E multiple of 66.15x compared with 71.54x previously. What's in the News A board meeting is scheduled on May 7, 2026 to consider audited financial results for the year ended March 31, 2026 and to consider a dividend recommendation on equity shares (company filing).
Analysis Article May 10

Pidilite Industries Limited (NSE:PIDILITIND) Just Released Its Annual Earnings: Here's What Analysts Think

Investors in Pidilite Industries Limited ( NSE:PIDILITIND ) had a good week, as its shares rose 7.3% to close at ₹1,476...
Narrative Update May 07

PIDILITIND: Stable Outlook Will Rely On Upcoming Board And Governance Decisions

Analysts have kept their fair value estimate for Pidilite Industries steady at ₹1,549.84 per share. Only minor tweaks to the discount rate and future P/E assumptions have shaped this unchanged target.
Narrative Update Apr 21

PIDILITIND: Upcoming Board Actions Will Support Constructive Long Term Outlook

Analysts have trimmed their fair value estimate for Pidilite Industries from about ₹1,619 to around ₹1,550, reflecting updated assumptions for the discount rate, revenue growth, profit margin and future P/E multiples. What's in the News Board meeting scheduled for May 7, 2026, to consider and record audited financial results for the year ended March 31, 2026, and to consider recommending a dividend on the equity shares (company filing).
Narrative Update Apr 06

PIDILITIND: Upcoming Governance And Earnings Milestones Will Support Constructive Outlook

Analysts have made a small upward tweak to their price target for Pidilite Industries, with fair value moving from about ₹1,616.90 to roughly ₹1,619.05 as they factor in a slightly lower discount rate, modest adjustments to revenue growth and margin expectations, and a marginally lower assumed future P/E multiple. What's in the News Pidilite Industries has scheduled a Board Meeting on Feb 3, 2026, to consider and take on record the unaudited financial results for the third quarter and nine months ended Dec 31, 2025 (company filing).
Narrative Update Mar 21

“Pidilite: Strong Business, But Crude Changed the Story”

Earlier the stock was around ₹1,460 , and at that time it was trading at a very high valuation because margins were strong and stable. The market was assuming that EBITDA margins will continue around 22–23% without much pressure.
New Narrative Feb 28

High quality compounder, but current valuation leaves limited margin of safety.

Pidilite – A Business That Quietly Compounds When I first looked at Pidilite, I did not see just an adhesive company. I saw a business that has become part of how Indian homes are built and maintained.
Analysis Article Feb 06

Pidilite Industries Limited (NSE:PIDILITIND) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?

Investors in Pidilite Industries Limited ( NSE:PIDILITIND ) had a good week, as its shares rose 2.8% to close at ₹1,470...
Narrative Update Feb 05

PIDILITIND: Fair Outlook Will Reflect Modest Revisions And Upcoming Results

Analysts have trimmed their price target for Pidilite Industries from ₹1,713.50 to ₹1,616.90, citing updated assumptions around the discount rate, revenue growth, profit margin and future P/E expectations. What's in the News Pidilite Industries has scheduled a board meeting for February 3, 2026, to consider and take on record the unaudited financial results for the third quarter and nine months ended December 31, 2025 (company filing).
Analysis Article Jan 17

Here's Why We Think Pidilite Industries (NSE:PIDILITIND) Might Deserve Your Attention Today

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jan 01

Is Pidilite Industries (NSE:PIDILITIND) Using Too Much Debt?

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Dec 17

There's Reason For Concern Over Pidilite Industries Limited's (NSE:PIDILITIND) Price

With a price-to-earnings (or "P/E") ratio of 67.3x Pidilite Industries Limited ( NSE:PIDILITIND ) may be sending very...
Narrative Update Dec 09

PIDILITIND: Upcoming Stock Split Will Support Strong Bullish Trend

Analysts have marginally trimmed their price target on Pidilite Industries to ₹1,713.50 from ₹1,715.75, reflecting slightly softer long term margin and valuation assumptions while keeping their overall growth outlook largely intact. What's in the News Board meeting scheduled on October 30, 2025, to consider and approve unaudited financial results for Q2 FY2025, covering the quarter ended September 30, 2025 (company filing) Planned 2:1 stock split or significant stock dividend effective September 23, 2025, aimed at improving share liquidity and retail participation (company filing) Valuation Changes The consensus analyst price target has edged down slightly to ₹1,713.50 from ₹1,715.75, indicating a marginally lower fair value estimate.
Narrative Update Nov 25

PIDILITIND: Upcoming Stock Split Will Drive Renewed Bullish Momentum

Analysts have raised their price target for Pidilite Industries from ₹1,637.55 to ₹1,715.75. This change reflects updated assessments of its valuation metrics and forward earnings outlook.
Analysis Article Nov 02

Earnings Miss: Pidilite Industries Limited Missed EPS By 7.6% And Analysts Are Revising Their Forecasts

Shareholders might have noticed that Pidilite Industries Limited ( NSE:PIDILITIND ) filed its half-year result this...
Analysis Article Oct 11

Under The Bonnet, Pidilite Industries' (NSE:PIDILITIND) Returns Look Impressive

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Narrative Update Sep 24

Rural Markets And Premium Products Will Redefine Industry Landscape

Despite only marginal changes in both the discount rate and future P/E, Pidilite Industries' consensus analyst price target has been sharply revised downward from ₹3,275 to ₹1,638. What's in the News Stock split approved at a 2:1 ratio.
Analysis Article Sep 23

If EPS Growth Is Important To You, Pidilite Industries (NSE:PIDILITIND) Presents An Opportunity

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Narrative Update Sep 05

Rural Markets And Premium Products Will Redefine Industry Landscape

With both the discount rate and future P/E holding nearly steady, analysts have maintained Pidilite Industries’ fair value estimate at ₹3275. What's in the News Special/Extraordinary Shareholders Meeting via postal ballot scheduled for September 11, 2025.
Analysis Article Aug 09

Pidilite Industries Limited Just Beat EPS By 7.5%: Here's What Analysts Think Will Happen Next

It's been a good week for Pidilite Industries Limited ( NSE:PIDILITIND ) shareholders, because the company has just...
Analysis Article Aug 01

These 4 Measures Indicate That Pidilite Industries (NSE:PIDILITIND) Is Using Debt Safely

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jul 19

Pidilite Industries' (NSE:PIDILITIND) Promising Earnings May Rest On Soft Foundations

Pidilite Industries Limited's ( NSE:PIDILITIND ) robust earnings report didn't manage to move the market for its stock...
Analysis Article Jul 07

Investor Optimism Abounds Pidilite Industries Limited (NSE:PIDILITIND) But Growth Is Lacking

Pidilite Industries Limited's ( NSE:PIDILITIND ) price-to-earnings (or "P/E") ratio of 75.5x might make it look like a...
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New Narrative Nov 07

Rural Expansion And Tactical Alliances Propel Company Into A Bright Future

Pidilite's strategic expansion in rural markets and B2B sectors positions it for sustainable revenue and earnings growth.

Upcoming Dividend Payment

TodayJul 05 2026Ex Dividend DateJul 23 2026Dividend Pay DateSep 03 202642 days from Ex DividendBuy in the next 17 days to receive the upcoming dividend

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: PIDILITIND's dividend payments have been volatile in the past 10 years.

Growing Dividend: PIDILITIND's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Pidilite Industries Dividend Yield vs Market
How does PIDILITIND dividend yield compare to the market?
SegmentDividend Yield
Company (PIDILITIND)0.7%
Market Bottom 25% (IN)0.3%
Market Top 25% (IN)1.5%
Industry Average (Chemicals)0.8%
Analyst forecast (PIDILITIND) (up to 3 years)1.3%

Notable Dividend: PIDILITIND's dividend (0.72%) is higher than the bottom 25% of dividend payers in the Indian market (0.29%).

High Dividend: PIDILITIND's dividend (0.72%) is low compared to the top 25% of dividend payers in the Indian market (1.46%).


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (47.8%), PIDILITIND's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (52.4%), PIDILITIND's dividend payments are covered by cash flows.


Discover strong dividend paying companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 21:41
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

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.

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 Github.

Analyst Sources

Pidilite Industries Limited is covered by 35 analysts. 20 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Ranjit Cirumalla360 ONE Capital Market Private Limited
Nitin BhasinAmbit Capital
null nullAnand Rathi Shares and Stock Brokers Limited