Pidilite Industries Limited

NSEI:PIDILITIND Stock Report

Market Cap: ₹1.5t

Pidilite Industries Valuation

Is PIDILITIND 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 PIDILITIND when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹699.22
Fair Value
311.7% overvalued intrinsic discount
18
Number of Analysts

Below Fair Value: PIDILITIND (₹2878.8) is trading above our estimate of fair value (₹699.22)

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

Key Valuation Metric

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

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

The above table shows the Price to Earnings ratio for PIDILITIND. This is calculated by dividing PIDILITIND's market cap by their current earnings.
What is PIDILITIND's PE Ratio?
PE Ratio70.5x
Earnings₹20.76b
Market Cap₹1.46t

Price to Earnings Ratio vs Peers

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

The above table shows the PE ratio for PIDILITIND vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average45.7x
503806 SRF
63.3x23.98%₹905.9b
DCMSHRIRAM DCM Shriram
35.9xn/a₹221.5b
BASF BASF India
44.1x31.69%₹211.1b
500027 Atul
39.6x21.73%₹197.9b
PIDILITIND Pidilite Industries
70.5x11.53%₹1.5t

Price-To-Earnings vs Peers: PIDILITIND is expensive based on its Price-To-Earnings Ratio (70.5x) compared to the peer average (45.7x).

Price to Earnings Ratio vs Industry

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

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.1xn/aUS$40.72m
UNIVPHOTO Universus Photo Imagings
3.3xn/aUS$33.40m
500449 Hindustan Organic Chemicals
0.6xn/aUS$27.19m
509910 Southern Gas
0.03xn/aUS$6.18k
No more companies available in this PE range
PIDILITIND 70.5xIndustry Avg. 28.8xNo. of Companies44PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: PIDILITIND is expensive based on its Price-To-Earnings Ratio (70.5x) compared to the Indian Chemicals industry average (28.9x).

Price to Earnings Ratio vs Fair Ratio

What is PIDILITIND'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.

PIDILITIND PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio70.5x
Fair PE Ratio34x

Price-To-Earnings vs Fair Ratio: PIDILITIND is expensive based on its Price-To-Earnings Ratio (70.5x) compared to the estimated Fair Price-To-Earnings Ratio (34x).

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 PIDILITIND forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹2,878.80
₹3,188.39
+10.75%
8.32%₹3,645.00₹2,600.00n/a18
Jul ’26₹3,045.80
₹3,188.39
+4.68%
8.32%₹3,645.00₹2,600.00n/a18
Jun ’26₹3,107.20
₹3,192.56
+2.75%
8.43%₹3,645.00₹2,600.00n/a18
May ’26₹3,033.90
₹3,158.28
+4.10%
9.14%₹3,660.00₹2,600.00n/a18
Apr ’26₹2,826.55
₹3,155.50
+11.64%
9.20%₹3,660.00₹2,600.00n/a18
Mar ’26₹2,657.90
₹3,183.83
+19.79%
8.73%₹3,660.00₹2,600.00n/a18
Feb ’26₹2,947.25
₹3,183.83
+8.03%
8.73%₹3,660.00₹2,600.00n/a18
Jan ’26₹2,863.70
₹3,252.29
+13.57%
7.78%₹3,735.00₹2,700.00n/a17
Dec ’25₹3,066.20
₹3,251.71
+6.05%
7.75%₹3,735.00₹2,700.00n/a17
Nov ’25₹3,158.75
₹3,235.41
+2.43%
7.80%₹3,735.00₹2,700.00n/a17
Oct ’25₹3,340.15
₹3,178.47
-4.84%
7.84%₹3,690.00₹2,700.00n/a17
Sep ’25₹3,123.30
₹3,154.67
+1.00%
9.93%₹3,690.00₹2,300.00n/a18
Aug ’25₹3,121.30
₹2,928.50
-6.18%
11.22%₹3,545.00₹2,300.00n/a18
Jul ’25₹3,121.40
₹2,866.95
-8.15%
11.44%₹3,350.00₹2,245.00₹3,045.8019
Jun ’25₹2,969.50
₹2,839.05
-4.39%
11.00%₹3,350.00₹2,245.00₹3,107.2019
May ’25₹3,049.00
₹2,730.59
-10.44%
10.58%₹3,220.00₹2,200.00₹3,033.9017
Apr ’25₹3,051.55
₹2,729.05
-10.57%
10.58%₹3,220.00₹2,200.00₹2,826.5519
Mar ’25₹2,757.50
₹2,703.79
-1.95%
10.41%₹3,220.00₹2,200.00₹2,657.9019
Feb ’25₹2,510.45
₹2,703.79
+7.70%
10.41%₹3,220.00₹2,200.00₹2,947.2519
Jan ’25₹2,697.50
₹2,550.42
-5.45%
9.13%₹2,955.00₹2,160.00₹2,863.7019
Dec ’24₹2,562.15
₹2,549.65
-0.49%
8.90%₹2,955.00₹2,160.00₹3,066.2020
Nov ’24₹2,406.35
₹2,530.15
+5.14%
9.68%₹2,955.00₹2,160.00₹3,158.7520
Oct ’24₹2,439.50
₹2,491.15
+2.12%
10.45%₹2,955.00₹2,100.00₹3,340.1520
Sep ’24₹2,498.25
₹2,491.15
-0.28%
10.45%₹2,955.00₹2,100.00₹3,123.3020
Aug ’24₹2,634.80
₹2,433.47
-7.64%
9.94%₹2,830.00₹2,050.00₹3,121.3019
Jul ’24₹2,597.10
₹2,440.33
-6.04%
10.66%₹2,880.00₹2,050.00₹3,121.4018
AnalystConsensusTarget
Consensus Narrative from 18 Analysts
₹3.19k
Fair Value
9.7% 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 Analysis2025/07/28 00:34
End of Day Share Price 2025/07/28 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

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 36 analysts. 17 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