Pidilite Industries Limited (PIDILITIND) AI Stock Analysis

• Market Cap: ₹1.52T
• Dividend Yield: 0.34%
• Average Volume (3M): 16.47K
• Price to Earnings (P/E): 68.3
• Beta (1Y): 0.72
• Revenue Growth: 9.13%
• EPS Growth: 16.39%
• Country: IN
• Employees: 7,914
• Sector: Consumer Defensive
• Sector Strength: 42
• Industry: Chemicals - Specialty
• EPS (TTM): 5.70
• Shares Outstanding: 1,017,714,050
• 10 Day Avg. Volume: 12,660
• 30 Day Avg. Volume: 16,468
• PEG Ratio: 3.46
• Price to Book (P/B): 14.77
• Price to Sales (P/S): 10.97
• P/FCF Ratio: 78.55
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 68 Neutral
• Price Target: ₹1,641.00 ▲(9.05% Upside)

Pidilite Industries Limited demonstrates strong financial performance with robust revenue growth and profitability, which is the most significant factor in its overall score. However, the stock's high valuation and neutral technical indicators slightly offset these strengths, resulting in a moderate overall stock score.

Positive Factors

Revenue Growth

Consistent revenue growth indicates robust demand for Pidilite's products, reflecting its strong market position and effective business strategies, which are likely to sustain long-term profitability.

Balance Sheet Health

A low debt-to-equity ratio signifies financial stability and flexibility, enabling Pidilite to invest in growth opportunities without significant financial strain.

Profit Margins

Strong profit margins reflect efficient cost management and pricing power, ensuring sustained profitability and competitive advantage in the industry.

Negative Factors

Decline in Free Cash Flow

A decline in free cash flow growth can impact the company's ability to fund new projects and return capital to shareholders, potentially affecting long-term growth prospects.

Valuation Concerns

High valuation metrics may limit future stock price appreciation and pose a risk if growth expectations are not met, impacting investor sentiment over the medium term.

Dividend Yield

A low dividend yield may not attract income-focused investors, potentially limiting the stock's appeal and affecting its market demand in the long run.

Pidilite Industries Limited Business Overview & Revenue Model

Company Description

Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. The company operates in two segments Branded Consumer & Bazaar, and Business to Business. The Branded Consumer & Bazaar segment offers adhesives, sealants, art and craft materials; and construction and paint chemicals for use by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment provides industrial adhesives and resins, construction chemicals, organic pigments, pigment preparations, etc. for use in various industries, including packaging, joineries, textiles, paints, printing inks, paper, leather, etc. The company offers adhesives technologies, wood finishes, and paint; waterproofing services, automotive, technical textiles, and tile grouts; and mechanical, electrical, and plumbing solutions. Further, it sells its products primarily under the Fevicol, Fevicol MR, Dr. Fixit, Fevikwik, M-Seal, Fevistick, Fevicryl, Hobby Ideas, and other brands. The company was founded in 1959 and is headquartered in Mumbai, India.

How the Company Makes Money

Pidilite Industries generates revenue primarily through the sale of its diverse range of adhesive products and construction chemicals. The company operates through several key segments: consumer and bazaar, industrial, and construction. The consumer and bazaar segment, which includes well-known brands like Fevicol, accounts for a significant portion of its revenue as it caters to everyday consumers and small businesses. The industrial segment targets larger enterprises with specialized adhesive solutions for automotive, electronics, and packaging industries. Additionally, the construction segment focuses on providing chemical solutions for construction projects. PIDILITIND also benefits from strategic partnerships and collaborations with distributors and retailers, which enhance its market reach and improve sales performance. Overall, the company's strong brand portfolio and commitment to innovation contribute to its financial success.

Pidilite Industries Limited Financial Statement Overview

Summary

Pidilite Industries Limited exhibits robust financial health with strong revenue growth, profitability, and efficient operational performance. The company maintains a solid balance sheet with low leverage and strong equity position, and it generates substantial cash flows, although there was a slight decline in free cash flow growth. Overall, Pidilite's financial statements reflect a well-managed company with steady growth and stability.

Income Statement

Pidilite Industries Limited demonstrated strong financial performance with consistent revenue growth over the years, marked by a 6.5% growth from 2024 to 2025. The company's gross and net profit margins are robust, with gross margin at 54.37% and net margin at 15.8% for 2025, indicating efficient cost management and profitability. EBIT and EBITDA margins are also healthy, reflecting operational efficiency.

Balance Sheet

The company's balance sheet is solid, characterized by a low debt-to-equity ratio of 0.05, indicating low financial leverage and reduced risk. The return on equity stands at 21.3%, showcasing effective use of equity to generate profits. Equity ratio of 69.6% suggests a strong equity position relative to total assets, enhancing financial stability.

Cash Flow

Pidilite has demonstrated strong free cash flow generation with a growth rate of -15% in 2025 compared to 2024, which is a minor decline but still reflects substantial cash generation. The operating cash flow to net income ratio of 1.10 indicates healthy cash coverage of net income, ensuring liquidity and operational sustainability.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	134.98B	131.40B	123.83B	117.99B	99.21B	72.93B
Gross Profit	72.79B	70.75B	63.20B	49.76B	44.12B	38.68B
EBITDA	30.70B	29.39B	26.47B	19.62B	18.32B	16.49B
Net Income	21.82B	20.76B	17.29B	12.73B	12.08B	11.31B
Balance Sheet
Total Assets	0.00	140.11B	121.04B	105.25B	95.16B	88.30B
Cash, Cash Equivalents and Short-Term Investments	34.94B	34.94B	24.01B	8.55B	5.26B	6.25B
Total Debt	0.00	4.54B	3.82B	3.91B	4.16B	3.31B
Total Liabilities	-99.58B	40.54B	34.87B	30.79B	29.13B	29.97B
Stockholders Equity	99.58B	97.54B	84.07B	72.12B	64.04B	55.93B
Cash Flow
Free Cash Flow	0.00	18.34B	21.58B	10.52B	5.81B	10.38B
Operating Cash Flow	0.00	22.87B	27.17B	15.58B	9.55B	13.92B
Investing Cash Flow	0.00	-15.42B	-17.82B	-8.99B	-5.58B	-16.88B
Financing Cash Flow	0.00	-9.18B	-7.42B	-6.56B	-4.68B	-762.40M

Pidilite Industries Limited Technical Analysis

• Technical Analysis Sentiment: Positive
• Last Price: 1504.75
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:PIDILITIND, the sentiment is Positive. The current price of 1504.75 is above the 20-day moving average (MA) of 1474.82, above the 50-day MA of 1471.79, and above the 200-day MA of 1491.58, indicating a bullish trend. The MACD of 8.21 indicates Negative momentum. The RSI at 56.16 is Neutral, neither overbought nor oversold. The STOCH value of 58.51 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:PIDILITIND.

Pidilite Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MARICO	69 Neutral	₹972.59B	58.26	―	1.42%	22.56%	4.73%
BRITANNIA	69 Neutral	₹1.42T	61.40	―	1.24%	7.21%	8.68%
PIDILITIND	68 Neutral	₹1.52T	68.31	―	0.34%	9.13%	16.39%
DABUR	66 Neutral	₹911.23B	50.35	―	1.62%	2.68%	1.07%
ASIANPAINT	63 Neutral	₹2.70T	69.28	―	0.89%	-1.30%	-14.72%
Sector *	62 Neutral	$20.33B	14.63	-3.31%	3.23%	1.93%	-12.26%
GODREJCP	59 Neutral	₹1.26T	68.91	―	1.67%	5.77%	―

Pidilite Industries Limited Corporate Events

Pidilite Industries Schedules December 2025 Investor Meetings

Pidilite Industries Limited has announced its schedule for upcoming Analyst and Institutional Investor Meetings, which are set to take place in December 2025. These meetings, organized as part of a Non-Deal Roadshow by ICICI Securities and a session with Axis Mutual Fund, are aimed at engaging with stakeholders and providing insights into the company’s operations and future outlook.

Pidilite’s Subsidiary Faces CGST Penalty, No Financial Impact Expected

Pidilite Industries Limited has announced that its subsidiary, Nina Percept Pvt Ltd, has received a penalty order from the CGST & Central Excise for nearly Rs. 1.97 crore, covering the fiscal years 2018-19 to 2020-21. The company is currently reviewing the order and considering an appeal, but assures stakeholders that there will be no material impact on its financials or operations.

Pidilite Industries Schedules Analyst Meeting with HDFC Mutual Fund

Pidilite Industries Limited has announced a scheduled meeting with HDFC Mutual Fund on December 9, 2025, as part of its ongoing engagement with analysts and institutional investors. This meeting, to be held in Mumbai, reflects Pidilite’s commitment to maintaining transparent communication with stakeholders, potentially impacting investor relations and market perception positively.

Pidilite Schedules Investor Meeting with Qatar Investment Authority

Pidilite Industries Limited has announced a scheduled meeting with the Qatar Investment Authority on November 20, 2025, in Mumbai. This meeting, part of their ongoing engagement with analysts and institutional investors, reflects Pidilite’s proactive approach to investor relations and may influence their market positioning by potentially attracting further investment.

Pidilite’s Subsidiary Faces GST Penalty with No Major Impact on Operations

Pidilite Industries Limited announced that its subsidiary, Nina Percept Pvt Ltd, received an order from the Joint Commissioner, Central GST Goa, imposing a penalty of Rs. 2,10,40,494 under the Central Goods and Services Tax Act. The company is reviewing the order and considering an appeal, but stated that there is no material impact on its financials, operations, or other activities.