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    3. Pidilitind Share Price

    Pidilite Industries Share PricePidilite Industries

    Large Cap 15k Result
    ₹2488.05
    -16.05 (-0.64%)
    • Advice
    • Hold
    As on 28 November, 2023 | 22:32 BSE: 500331 NSE: PIDILITINDISIN: INE318A01026

    Pidilite Industries Performance

    Day Range

    • Low 2481.75
    • High 2514.3
    2488.05

    52 Week Range

    • Low 2250.05
    • High 2796
    2488.05
    • Open Price2491
    • Previous Close2495.45
    • Volume229294

    Start SIP in Pidilite Industries

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    Pidilite Industries Share Price

    • Over 1 Month 7.39%
    • Over 3 Month -1.04%
    • Over 6 Month -3.79%
    • Over 1 Year -7.59%

    Pidilite Industries Key Statistics

    P/E Ratio 84
    PEG Ratio 5.3
    Market Cap Cr 126,538
    Price to Book Ratio 17
    EPS 24.7
    Dividend 0.4
    Relative Strength Index 55.27
    Money Flow Index 66.65
    MACD Signal 13.02
    Average True Range 40.54

    Pidilite Industries F&O

    Pidilite Industries Futures
    Pidilite Industries Option Chain

    Pidilite Industries Investment Rating

    • Master Rating:

    • Pidilite Industries(Nse) has an operating revenue of Rs. 12,037.99 Cr. on a trailing 12-month basis. An annual revenue growth of 19% is outstanding, Pre-tax margin of 15% is great, ROE of 17% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading close to its key moving averages, around 2% and 0% from 50DMA and 200DMA. It needs to stay above these levels to make any further meaningful move. It is currently FORMING a base in its weekly chart and is trading around 14% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 84 which is a GOOD score indicating consistency in earnings, a RS Rating of 22 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 148 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock is lagging behind in some of the technical parameters, but great earnings make it a stock to examine in more detail.

    EPS Strength

    Price Strength

    Buyer Demand

    Group Rank

    Pidilite Industries Financials
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 2,7802,9642,3822,7102,7152,7902,084
    Operating Expenses Qtr Cr 2,1382,2921,9462,2422,2512,3031,742
    Operating Profit Qtr Cr 643671436468464487342
    Depreciation Qtr Cr 62626157535046
    Interest Qtr Cr 77710745
    Tax Qtr Cr 154163981079611079
    Net Profit Qtr Cr 455468291296337333318
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 10,6608,571
    Operating Expenses Annual Cr 8,7426,742
    Operating Profit Annual in Cr 1,8551,599
    Depreciation Cr 222175
    Interest Annual Cr 2926
    Tax Annual Cr 411359
    Net Profit Annual Cr 1,2571,269
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,432766
    Cash from Investing Activity Annual Cr -754-326
    Cash from Financing Annual Activity Cr -673-433
    Net Cash Flow Annual Cr 67
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 7,1086,417
    Fixed Assets Annual Cr 4,7881,940
    Total Non Current Assets Annual Cr 6,0185,429
    Total Current Assets Annual Cr 3,6622,995
    Total Assets Annual Cr 9,6808,424
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 140126
    ROE Annual % 1820
    ROCE Annual % 2225
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 1822
    IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022Mar 2022
    Oper Rev Qtr Cr 3,0763,2752,6892,9983,0113,1012,507
    Operating Expenses Qtr Cr 2,3962,5682,2302,5022,5112,5722,106
    Operating Profit Qtr Cr 680707459496500529401
    Depreciation Qtr Cr 75737669646162
    Interest Qtr Cr 131212151299
    Tax Qtr Cr 16317010711110111692
    Net Profit Qtr Cr 450468283304332354254
    IndicatorMar 2023Mar 2022
    Total Revenue Annual Cr 11,8499,957
    Operating Expenses Annual Cr 9,8158,074
    Operating Profit Annual in Cr 1,9841,847
    Depreciation Cr 270240
    Interest Annual Cr 4842
    Tax Annual Cr 434407
    Net Profit Annual Cr 1,2731,208
    IndicatorMar 2023Mar 2022
    Cash from Operating Activity Annual Cr 1,558955
    Cash from Investing Activity Annual Cr -899-558
    Cash from Financing Annual Activity Cr -656-468
    Net Cash Flow Annual Cr 2-71
    IndicatorMar 2023Mar 2022
    Total ShareHolders Funds Annual Cr 7,2126,404
    Fixed Assets Annual Cr 4,0303,642
    Total Non Current Assets Annual Cr 5,9645,500
    Total Current Assets Annual Cr 4,5624,016
    Total Assets Annual Cr 10,5259,516
    IndicatorMar 2023Mar 2022
    Book Value Per Share Annual Rs 146130
    ROE Annual % 1819
    ROCE Annual % 2223
    Total Debt to Total Equity Annual --
    EBDIT Annual Margin % 1719
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    Pidilite Industries Technicals

    EMA & SMA

    Current Price
    ₹2488.05
    -16.05 (-0.64%)
    pointer
    • Bullish Moving Average
    • ___
    • 11
    • Bearish Moving Average
    • ___
    • 5
    • 20 Day
    • ₹2464.47
    • 50 Day
    • ₹2461.78
    • 100 Day
    • ₹2482.18
    • 200 Day
    • ₹2492.54
    • 20 Day
    • ₹2462.57
    • 50 Day
    • ₹2444.99
    • 100 Day
    • ₹2508.71
    • 200 Day
    • ₹2480.42

    Pidilite Industries Resistance and Support

    PIVOT
    ₹2494.7
    Resistance
    First Resistance ₹2507.65
    Second Resistance ₹2527.25
    Third Resistance ₹2540.2
    RSI 55.27
    MFI 66.66
    MACD Single Line 13.02
    MACD 19.18
    Support
    First Resistance ₹2475.1
    Second Resistance ₹2462.15
    Third Resistance ₹2442.56

    Pidilite Industries Delivery and Volume

    Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
    Day 232,790 14,409,701 61.9
    Week 224,783 12,956,478 57.64
    1 Month 413,320 17,801,701 43.07
    6 Month 382,126 21,643,595 56.64

    Pidilite Industries Result Highlights

    Pidilite Industries Synopsis

    NSE-Chemicals-Specialty

    Pidilite Inds. is involved in the business activities of Manufacture of gelatine and its derivatives, resinoids, glues, prepared adhesives, including rubber-based glues and adhesives. Company’s Total Operating Revenue is Rs. 10597.07 Cr. and Equity Capital is Rs. 50.83 Cr. for the Year ended 31/03/2023. Pidilite Industries Ltd. is a Public Limited Listed company incorporated on 28/07/1969 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24100MH1969PLC014336 and registration number is 014336.
    Market Cap 126,586
    Sales 10,836
    Shares in Float 15.26
    No of funds 738
    Yield 0.44
    Book Value 17.91
    U/D Vol ratio 0.8
    LTDebt / Equity
    Alpha -0.04
    Beta 0.64

    Pidilite Industries

    Owner NameSep-23Jun-23Mar-23Dec-22
    Promoters 69.86%69.92%69.94%69.94%
    Mutual Funds 3.57%3.88%4.21%4.08%
    Insurance Companies 4.19%3.79%3.95%3.75%
    Foreign Portfolio Investors 11.44%11.34%10.61%11.08%
    Financial Institutions/ Banks 0.05%0.05%0.06%0.06%
    Individual Investors 9.17%9.22%9.41%9.28%
    Others 1.72%1.8%1.82%1.81%

    Pidilite Industries Management

    Name Designation
    Mr. M B Parekh Executive Chairman
    Mr. A B Parekh Executive Vice Chairman
    Mr. A N Parekh Executive Vice Chairman
    Mr. Bharat Puri Managing Director
    Mr. Sudhanshu Vats Deputy Managing Director
    Mr. Sandeep Batra Director - Finance & CFO
    Mr. Joseph Varghese Director - Operations
    Mr. N K Parekh Non Executive Director
    Mr. B S Mehta Independent Director
    Mr. Meher Pudumjee Independent Director
    Mr. Rajeev Vasudeva Independent Director
    Mr. Sanjeev Aga Independent Director
    Mr. Uday Khanna Independent Director
    Mrs. Meera Shankar Independent Director
    Mr. Vinod Dasari Independent Director
    Mr. Piyush Pandey Independent Director

    Pidilite Industries Forecast

    Price Estimates

    2,000(9.8%)
    1,758(-3.5%)
    1,590(-12.7%)

    Other Analyst Rating

    Pidilite Industries Corporate Action

    Date Purpose Remarks
    2023-11-08 Quarterly Results
    2023-08-10 Quarterly Results
    2023-05-08 Audited Results
    2023-01-24 Quarterly Results
    2022-11-09 Quarterly Results
    Date Purpose Remarks
    2023-07-27 FINAL Rs.11.00 per share(1100%)Final Dividend
    2022-07-27 FINAL Rs.10.00 per share(1000%)Dividend
    2021-07-28 FINAL Rs.8.50 per share(850%)Final Dividend

    Pidilite Industries MF Shareholding

    Name Amount(cr)
    HDFC Balanced Advantage Fund Growth 63981
    Axis Long Term Equity Fund Growth 31136
    Axis Bluechip Fund Growth 30734
    Kotak Equity Arbitrage Fund Growth 28958
    UTI Flexi Cap Fund Regular Plan Growth 24370

    About Pidilite Industries

    Pidilite Industries Ltd. is a top manufacturer of adhesives and a wide range of industrial and automotive speciality chemicals, the company is based in Mumbai. The Company's products are used by various industries. Their products include adhesives & sealants, water-based coatings and household cleaners. 

    Pidilite Industries operates through two business segments: Automotive Products and Industrial Products. It has manufacturing facilities at Mahad (Maharashtra), Vapi (Gujarat), and Baddi (Himachal Pradesh). The company was incorporated in 1969 as a private limited company under the name of Pidilite India Limited. In 1993, the company name changed to Pidilite Industries Limited when it went public.

    Business Verticals

    Pidilite Industries has a range of business divisions and operations. The company’s flagship division is its automotive products division, which manufactures and sells paints, coatings, adhesives, sealants, automotive chemicals, windshield washer fluids, etc. The other major division is its industrial products division which produces various industrial products including roofing coatings for cement tiles & slates, paint removers, rust converters, marine anti-fouling paints, marine anti-corrosion chemicals & equipment etc.

    Company History

    In 1973, Pidilite was the first company in India to begin producing violet pigment. The company's consumer product division was established in 1984, and the company entered the Fevicryl acrylic colors transform fabric and multi-surface painting market in 1989.

    Pidilite Industries' Board of Directors approved an investment in equity shares of Nina Waterproofing Systems Private Limited at its meeting on March 30, 2015. The company's proposed shareholding in Nina was 70%, making Nina a subsidiary of the company. NINA is regarded as one of India's leading waterproofing solution contractors.

    In 2020, an agreement was also approved with Huntsman Group (USA) to acquire a 100 per cent stake in Huntsman Advanced Materials Solutions Private Limited (HAMSPL) for approximately Rs. 2100 Crore in cash.

    Milestones

    1959 - Balvant Kalyanji Parekh founded the company.

    1992 - Madhukar B. Parekh becomes Chairman and M.D.

    1993 - Listed on the NSE; net worth INR 60 crores.

    2010 - Sales more than doubled to Rs 3,442 crore, and net profit more than tripled to Rs 460 crore.

    2014 - Pidilite received the Dun & Bradstreet Corporate Award 2014 in the chemical sector.

    2015 - Bharat Puri assumed the role of Managing Director. 

    M B Parekh, Executive Chairman of PIL, was named EY Entrepreneur of the Year in the category of Consumer Products.

    2016 - Awarded 'Most Promising Company of the Year' at CNBC-TV18 IBLA 2016 by India's Finance and Law Ministers.

    Pidilite Industries FAQs

    What is Share Price of Pidilite Industries ?

    Pidilite Industries share price is ₹2488 As on 28 November, 2023 | 22:18

    What is the Market Cap of Pidilite Industries ?

    The Market Cap of Pidilite Industries is ₹126537.7 Cr As on 28 November, 2023 | 22:18

    What is the P/E ratio of Pidilite Industries ?

    The P/E ratio of Pidilite Industries is 84 As on 28 November, 2023 | 22:18

    What is the PB ratio of Pidilite Industries ?

    The PB ratio of Pidilite Industries is 17 As on 28 November, 2023 | 22:18

    What were the company's most recent reported sales and net income?

    Pidilite Industries Ltd recorded net sales of INR 9921 crores in the year ending March 2022.

    What is the future of the company's shares?

    Pidilite Industries Ltd stock is an excellent long-term (1-year) investment because the stock is on the verge of breaking out of a sideways consolidation phase, indicating bullishness.

    How to buy shares of Pidilite Industries Ltd.?

    The company's shares can be bought online or offline by opening a Demat account with 5Paisa and verifying the KYC documents.

    Q2FY23

    More Information

    CIN: L67190MH2007PLC289249 | Stock Broker SEBI Regn.: INZ000010231 | SEBI RA Regn.: INH000004680 | SEBI Depository Regn.: IN DP CDSL: IN-DP-192-2016 | AMFI REGN No.: ARN-104096 | NSE Member id: 14300 | BSE Member id: 6363 | MCX Member ID: 55945 | Investment Adviser Regn No: INA000014252 | Registered Address - IIFL House, Sun Infotech Park, Road no. 16V, Plot no. B-23, MIDC, Thane Industrial Area, Waghle Estate, Thane, Maharashtra - 400604

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