Want to see IN:PIDILITIND full AI Analyst Report?
Top Page
Pidilite Industries Limited
(PIDILITIND)
Select Model
Select Model
Rating:75Outperform
Price Target:
₹1,870.00
▲(19.04% Upside)
Action:Reiterated
Date:08/09/26
The score is driven primarily by strong financial performance (high profitability, very low leverage, and healthy free-cash-flow), supported by a constructive technical uptrend. These positives are meaningfully offset by expensive valuation (high P/E and modest yield), which limits upside based on the provided data.
Positive Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: the company can fund capex, absorb cyclical downturns, pursue targeted M&A or invest in brand/distribution without relying on market financing. This reduces solvency risk and supports long-term strategic optionality.
Negative Factors
Margin volatility
Material swings in gross and operating margins indicate sensitivity to input costs, product mix or pricing effectiveness. Persistent margin volatility can undermine predictability of profits, complicate planning for capex and returns, and raise execution risk over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage provides durable financial flexibility: the company can fund capex, absorb cyclical downturns, pursue targeted M&A or invest in brand/distribution without relying on market financing. This reduces solvency risk and supports long-term strategic optionality.
Read all positive factors
Pidilite Industries Limited (PIDILITIND) vs. iShares MSCI India ETF (INDA)
Market Cap
₹1.69T
Dividend Yield1%
Average Volume (3M)16.47K
Price to Earnings (P/E)63.4
Beta (1Y)0.82
Revenue Growth14.09%
EPS Growth21.36%
CountryIN
Employees8,835
SectorGeneral
Sector StrengthN/A
IndustryChemicals - Specialty
Share Statistics
EPS (TTM)26.02
Shares Outstanding1,017,790,340
10 Day Avg. Volume12,660
30 Day Avg. Volume16,468
Financial Highlights & Ratios
PEG Ratio2.98
Price to Book (P/B)12.07
Price to Sales (P/S)8.95
P/FCF Ratio58.62
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
₹1,775.00Price Target Upside12.99% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering2
EPS Forecast (FY)27.78
Revenue Forecast (FY)₹172.39B
Pidilite Industries Limited Business Overview & Revenue Model
Company Description
Pidilite Industries Limited, together with its associated companies, specializes in the production and global distribution of both consumer-focused and specialized chemical products. The company's operations are structured around two core business...
How the Company Makes Money
Pidilite makes money primarily by manufacturing and selling branded and business-to-business chemical products, earning revenue from product sales across multiple end markets.
1) Branded Consumer & Bazaar (retail-facing) products: A significant p...
Pidilite Industries Limited Financial Statement Overview
Summary
Income Statement
84
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
79
Positive
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 153.99B | 146.01B | 131.40B | 123.83B | 117.99B | 99.21B |
| Gross Profit | 67.50B | 58.39B | 70.75B | 63.20B | 49.76B | 44.12B |
| EBITDA | 40.45B | 37.69B | 29.39B | 26.47B | 19.62B | 18.32B |
| Net Income | 26.49B | 24.49B | 20.76B | 17.29B | 12.73B | 12.08B |
Balance Sheet | ||||||
| Total Assets | 0.00 | 154.33B | 140.11B | 121.04B | 105.25B | 95.16B |
| Cash, Cash Equivalents and Short-Term Investments | 42.16B | 42.19B | 34.94B | 24.01B | 8.55B | 5.26B |
| Total Debt | 0.00 | 4.17B | 4.54B | 3.82B | 3.91B | 4.16B |
| Total Liabilities | -110.49B | 43.84B | 40.54B | 34.87B | 30.79B | 29.13B |
| Stockholders Equity | 110.49B | 108.32B | 97.54B | 84.07B | 72.12B | 64.04B |
Cash Flow | ||||||
| Free Cash Flow | 11.46B | 22.30B | 18.34B | 21.58B | 10.52B | 5.81B |
| Operating Cash Flow | 14.34B | 28.23B | 22.87B | 27.17B | 15.58B | 9.55B |
| Investing Cash Flow | 837.60M | -12.57B | -15.42B | -17.82B | -8.99B | -5.58B |
| Financing Cash Flow | -15.86B | -16.35B | -9.18B | -7.42B | -6.56B | -4.68B |
Pidilite Industries Limited Peers Comparison
UnderperformOutperform
Sector (55)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
75 Outperform | ₹1.69T | 63.37 | ― | 1.05% | 14.09% | 21.36% | |
70 Outperform | ₹2.52T | 53.11 | ― | 0.89% | 9.78% | 32.48% | |
70 Outperform | ₹162.85B | 27.74 | ― | 1.30% | 5.24% | -47.04% | |
67 Neutral | ₹166.96B | 26.25 | ― | 0.54% | 6.65% | 62.42% | |
66 Neutral | ₹615.12B | 50.23 | ― | 0.76% | 5.22% | 6.57% | |
57 Neutral | ₹28.20B | 18.43 | ― | 0.09% | 19.47% | 11.49% | |
55 Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
IN:PIDILITIND
Pidilite Industries Limited
1,645.20
103.30
6.70%
IN:ASIANPAINT
Asian Paints Ltd.
2,640.20
172.79
7.00%
IN:BASF
BASF India Limited
3,900.45
-663.95
-14.55%
IN:BERGEPAINT
Berger Paints India Limited
524.20
-6.84
-1.29%
IN:KANSAINER
Kansai Nerolac Paints Limited
205.70
-26.09
-11.26%
IN:ROSSARI
Rossari Biotech Ltd
502.00
-121.35
-19.47%
Pidilite Industries Limited Corporate Events
Pidilite publishes Q1 FY27 financial results in leading dailies
Aug 6, 2026
Pidilite Industries Limited has notified stock exchanges that it has published the extract of its financial results for the quarter ended 30 June 2026 in newspapers. The results were carried on 6 August 2026 in the English daily Business Standard ...
Pidilite Sets Virtual AGM, Proposes Rs 11.50 Dividend for FY 2025-26
Jul 7, 2026
Pidilite Industries has scheduled its 57th AGM for August 4, 2026, to be held entirely via video conferencing and other audio-visual means, with AGM notice and the FY 2025-26 annual report distributed electronically and accessible through web link...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.