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 ₹3.8B, which brings its debt-to-equity ratio to 4.3%. Its total assets and total liabilities are ₹127.6B and ₹38.5B respectively. Pidilite Industries's EBIT is ₹26.0B making its interest coverage ratio 70.2. It has cash and short-term investments of ₹25.7B.
Key information
4.3%
Debt to equity ratio
₹3.79b
Debt
| Interest coverage ratio | 70.2x |
| 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
Feb 22
These 4 Measures Indicate That Pidilite Industries (NSE:PIDILITIND) Is Using Debt Safely
Nov 08Recent updates
With EPS Growth And More, Pidilite Industries (NSE:PIDILITIND) Makes An Interesting Case
Apr 06Capital Investments At Pidilite Industries (NSE:PIDILITIND) Point To A Promising Future
Mar 21Pidilite Industries Limited (NSE:PIDILITIND) Investors Are Less Pessimistic Than Expected
Mar 08These 4 Measures Indicate That Pidilite Industries (NSE:PIDILITIND) Is Using Debt Safely
Feb 22Pidilite Industries Limited (NSE:PIDILITIND) Just Released Its Third-Quarter Earnings: Here's What Analysts Think
Jan 25If 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 08
Rural Expansion And Tactical Alliances Propel Company Into A Bright Future
Nov 07 Pidilite's strategic expansion in rural markets and B2B sectors positions it for sustainable revenue and earnings growth.Pidilite 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 05Financial 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 4.8% to 4.3% over the past 5 years.
Debt Coverage: PIDILITIND's debt is well covered by operating cash flow (662.7%).
Interest Coverage: PIDILITIND's interest payments on its debt are well covered by EBIT (70.2x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/26 10:55 |
| End of Day Share Price | 2025/04/25 00:00 |
| Earnings | 2024/12/31 |
| 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.
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 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.
| Analyst | Institution |
|---|---|
| Nitin Bhasin | Ambit Capital |
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Tejash Shah | Avendus Spark |