Pidilite Industries Balance Sheet Health
Financial Health criteria checks 6/6
Pidilite Industries has a total shareholder equity of ₹89.1B and total debt of ₹1.4B, which brings its debt-to-equity ratio to 1.5%. Its total assets and total liabilities are ₹127.6B and ₹38.5B respectively. Pidilite Industries's EBIT is ₹25.5B making its interest coverage ratio 68.3. It has cash and short-term investments of ₹25.7B.
Key information
1.5%
Debt to equity ratio
₹1.38b
Debt
| Interest coverage ratio | 68.3x |
| Cash | ₹25.67b |
| Equity | ₹89.09b |
| Total liabilities | ₹38.47b |
| Total assets | ₹127.55b |
Recent financial health updates
These 4 Measures Indicate That Pidilite Industries (NSE:PIDILITIND) Is Using Debt Safely
Nov 08
Does Pidilite Industries (NSE:PIDILITIND) Have A Healthy Balance Sheet?
Jan 16Recent updates
If EPS Growth Is Important To You, Pidilite Industries (NSE:PIDILITIND) Presents An Opportunity
Dec 05Earnings Not Telling The Story For Pidilite Industries Limited (NSE:PIDILITIND)
Nov 22These 4 Measures Indicate That Pidilite Industries (NSE:PIDILITIND) Is Using Debt Safely
Nov 08Pidilite Industries Limited (NSE:PIDILITIND) Half-Year Results: Here's What Analysts Are Forecasting For This Year
Oct 26Pidilite Industries (NSE:PIDILITIND) Knows How To Allocate Capital
Oct 03Here's Why Pidilite Industries (NSE:PIDILITIND) Has Caught The Eye Of Investors
Aug 22Pidilite Industries Limited's (NSE:PIDILITIND) CEO Looks Like They Deserve Their Pay Packet
Aug 01Pidilite Industries (NSE:PIDILITIND) Has Announced That It Will Be Increasing Its Dividend To ₹16.00
Jul 12Why You Should Care About Pidilite Industries' (NSE:PIDILITIND) Strong Returns On Capital
Jul 01Pidilite Industries Limited's (NSE:PIDILITIND) Business Is Trailing The Industry But Its Shares Aren't
May 05Do Pidilite Industries' (NSE:PIDILITIND) Earnings Warrant Your Attention?
Apr 19Pidilite Industries (NSE:PIDILITIND) Is Reinvesting To Multiply In Value
Feb 21Pidilite Industries Limited (NSE:PIDILITIND) Just Reported Third-Quarter Earnings: Have Analysts Changed Their Mind On The Stock?
Jan 26Does Pidilite Industries (NSE:PIDILITIND) Have A Healthy Balance Sheet?
Jan 16Pinning Down Pidilite Industries Limited's (NSE:PIDILITIND) P/S Is Difficult Right Now
Jan 03Financial Position Analysis
Short Term Liabilities: PIDILITIND's short term assets (₹64.1B) exceed its short term liabilities (₹31.6B).
Long Term Liabilities: PIDILITIND's short term assets (₹64.1B) exceed its long term liabilities (₹6.8B).
Debt to Equity History and Analysis
Debt Level: PIDILITIND has more cash than its total debt.
Reducing Debt: PIDILITIND's debt to equity ratio has reduced from 2.8% to 1.5% over the past 5 years.
Debt Coverage: PIDILITIND's debt is well covered by operating cash flow (1826.1%).
Interest Coverage: PIDILITIND's interest payments on its debt are well covered by EBIT (68.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/21 04:07 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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 34 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.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Aniruddha Joshi | Anand Rathi Shares and Stock Brokers Limited |