Pidilite Industries Limited

NSEI:PIDILITIND Stock Report

Market Cap: ₹1.6t

Pidilite Industries Management

Management criteria checks 2/4

Pidilite Industries' CEO is Sudhanshu Vats, appointed in Apr 2025, has a tenure of 2.92 years. total yearly compensation is ₹94.00M, comprised of 42.1% salary and 57.9% bonuses, including company stock and options. directly owns 0.009% of the company’s shares, worth ₹141.96M. The average tenure of the management team and the board of directors is 1.2 years and 8.3 years respectively.

Key information

Sudhanshu Vats

Chief executive officer

₹94.0m

Total compensation

CEO salary percentage42.1%
CEO tenureno data
CEO ownership0.009%
Management average tenure1.2yrs
Board average tenure8.3yrs

Recent management updates

Recent updates

With EPS Growth And More, Pidilite Industries (NSE:PIDILITIND) Makes An Interesting Case

Apr 06
With EPS Growth And More, Pidilite Industries (NSE:PIDILITIND) Makes An Interesting Case

Capital Investments At Pidilite Industries (NSE:PIDILITIND) Point To A Promising Future

Mar 21
Capital Investments At Pidilite Industries (NSE:PIDILITIND) Point To A Promising Future

Pidilite Industries Limited (NSE:PIDILITIND) Investors Are Less Pessimistic Than Expected

Mar 08
Pidilite Industries Limited (NSE:PIDILITIND) Investors Are Less Pessimistic Than Expected

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

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

Jan 25
Pidilite Industries Limited (NSE:PIDILITIND) Just Released Its Third-Quarter Earnings: Here's What Analysts Think

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

Dec 05
If EPS Growth Is Important To You, Pidilite Industries (NSE:PIDILITIND) Presents An Opportunity

Earnings Not Telling The Story For Pidilite Industries Limited (NSE:PIDILITIND)

Nov 22
Earnings Not Telling The Story For Pidilite Industries Limited (NSE:PIDILITIND)

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

Nov 08
These 4 Measures Indicate That Pidilite Industries (NSE:PIDILITIND) Is Using Debt Safely
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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 26
Pidilite Industries Limited (NSE:PIDILITIND) Half-Year Results: Here's What Analysts Are Forecasting For This Year

Pidilite Industries (NSE:PIDILITIND) Knows How To Allocate Capital

Oct 03
Pidilite Industries (NSE:PIDILITIND) Knows How To Allocate Capital

Here's Why Pidilite Industries (NSE:PIDILITIND) Has Caught The Eye Of Investors

Aug 22
Here's Why Pidilite Industries (NSE:PIDILITIND) Has Caught The Eye Of Investors

Pidilite Industries Limited's (NSE:PIDILITIND) CEO Looks Like They Deserve Their Pay Packet

Aug 01
Pidilite Industries Limited's (NSE:PIDILITIND) CEO Looks Like They Deserve Their Pay Packet

Pidilite Industries (NSE:PIDILITIND) Has Announced That It Will Be Increasing Its Dividend To ₹16.00

Jul 12
Pidilite Industries (NSE:PIDILITIND) Has Announced That It Will Be Increasing Its Dividend To ₹16.00

Why You Should Care About Pidilite Industries' (NSE:PIDILITIND) Strong Returns On Capital

Jul 01
Why You Should Care About Pidilite Industries' (NSE:PIDILITIND) Strong Returns On Capital

Pidilite Industries Limited's (NSE:PIDILITIND) Business Is Trailing The Industry But Its Shares Aren't

May 05
Pidilite Industries Limited's (NSE:PIDILITIND) Business Is Trailing The Industry But Its Shares Aren't

CEO Compensation Analysis

How has Sudhanshu Vats's remuneration changed compared to Pidilite Industries's earnings?
DateTotal CompensationSalaryCompany Earnings
Dec 31 2024n/an/a

₹20b

Sep 30 2024n/an/a

₹19b

Jun 30 2024n/an/a

₹18b

Mar 31 2024₹94m₹40m

₹17b

Dec 31 2023n/an/a

₹17b

Sep 30 2023n/an/a

₹15b

Jun 30 2023n/an/a

₹14b

Mar 31 2023₹76m₹41m

₹13b

Compensation vs Market: Sudhanshu's total compensation ($USD1.10M) is about average for companies of similar size in the Indian market ($USD1.14M).

Compensation vs Earnings: Sudhanshu's compensation has increased by more than 20% in the past year.


CEO

Sudhanshu Vats (56 yo)

no data

Tenure

₹94,000,000

Compensation

Mr. Sudhanshu Vats served as Honorary Treasurer of Advertising Standards Council of India since September 2023 until September 2024 and is its Vice-Chairman of the Board of Governors from September 2024. H...


Leadership Team

NamePositionTenureCompensationOwnership
Madhukar Parekh
Executive Chairman of the Board52.7yrs₹34.30m11.07%
₹ 172.6b
Sudhanshu Vats
MD & Directorno data₹94.00m0.0091%
₹ 142.0m
Apurva Parekh
Executive Vice Chairman19.8yrs₹89.00m1.36%
₹ 21.2b
Sandeep Batra
Executive Director of Finance2.8yrs₹46.60mno data
Joseph Varghese
Director of Operations & Directorno data₹24.50m0.000030%
₹ 468.0k
Vivek Sharma
Chief Information & Digital Officer1.2yrsno datano data
Anil Bendale
Senior Vice President of R&D CCno datano data0.00079%
₹ 12.3m
Surendra Gupta
Chief Business Officer of Pigments2.3yrsno datano data
Kavinder Singh
Joint MD & Executive Directorno datano datano data
Priykant Patel
Presidentno datano data0.011%
₹ 172.4m
Anubhav Saxena
Chief Research & Development Officerno datano data0.0013%
₹ 19.5m
Ramnarayan Mohanty
President of Technologyno datano data0.0057%
₹ 89.2m

1.2yrs

Average Tenure

57.5yo

Average Age

Experienced Management: PIDILITIND's management team is not considered experienced ( 1.2 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Madhukar Parekh
Executive Chairman of the Board52.7yrs₹34.30m11.07%
₹ 172.6b
Sudhanshu Vats
MD & Director2.9yrs₹94.00m0.0091%
₹ 142.0m
Apurva Parekh
Executive Vice Chairman19.8yrs₹89.00m1.36%
₹ 21.2b
Sandeep Batra
Executive Director of Finance2.4yrs₹46.60mno data
Joseph Varghese
Director of Operations & Director2.9yrs₹24.50m0.000030%
₹ 468.0k
Kavinder Singh
Joint MD & Executive Directorless than a yearno datano data
Vinod Dasari
Independent Non Executive Director9.6yrs₹4.40mno data
Bharat Puri
Non-Executive Non-Independent Director16.9yrs₹174.60m0.13%
₹ 2.1b
Ajay Parekh
Non-Executive Vice Chairman39.8yrs₹14.20m9.15%
₹ 142.7b
Piyush Pandey
Non-Executive Independent Director7yrs₹4.10mno data
Rajeev Vasudeva
Non-Executive & Independent Director4.6yrs₹4.40mno data
Meera Shankar
Independent Non Executive Director10.8yrs₹4.13mno data

8.3yrs

Average Tenure

63yo

Average Age

Experienced Board: PIDILITIND's board of directors are considered experienced (8.3 years average tenure).


Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/04/23 18:26
End of Day Share Price 2025/04/23 00:00
Earnings2024/12/31
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.

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.

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