PIDILITIND

Pidilite Industries Share Price Pidilite Industries

₹2,919.95
+82.6 (2.91%)
  • Advice
  • Hold
12 May, 2024 20:41 BSE: 500331 NSE: PIDILITINDISIN: INE318A01026

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Pidilite Industries Performance

Day Range

  • Low 2,845
  • High 2,937
₹ 2,919

52 Week Range

  • Low 2,293
  • High 3,118
₹ 2,919
  • Open Price2,866
  • Previous Close2,837
  • Volume555148

Pidilite Industries Share Price

  • Over 1 Month -2.67%
  • Over 3 Month +9.86%
  • Over 6 Month +20.05%
  • Over 1 Year +13.77%

Pidilite Industries Key Statistics

P/E Ratio 85.9
PEG Ratio 2.4
Market Cap Cr 148,511
Price to Book Ratio 17.2
EPS 35.3
Dividend 0.4
Relative Strength Index 49.55
Money Flow Index 51.64
MACD Signal 10.8
Average True Range 76.02
Pidilite Industries Financials
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,5892,8342,7802,9642,382
Operating Expenses Qtr Cr 2,0612,1262,1382,2921,946
Operating Profit Qtr Cr 528708643671436
Depreciation Qtr Cr 9967626261
Interest Qtr Cr 87777
Tax Qtr Cr 11617115416398
Net Profit Qtr Cr 354523455468291
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 11,33310,660
Operating Expenses Annual Cr 8,6178,742
Operating Profit Annual in Cr 2,5501,855
Depreciation Cr 289222
Interest Annual Cr 2929
Tax Annual Cr 604411
Net Profit Annual Cr 1,7991,257
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,5861,432
Cash from Investing Activity Annual Cr -1,737-754
Cash from Financing Annual Activity Cr -623-673
Net Cash Flow Annual Cr 6
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,3377,108
Fixed Assets Annual Cr 5,0704,788
Total Non Current Assets Annual Cr 6,3536,018
Total Current Assets Annual Cr 5,0183,662
Total Assets Annual Cr 11,3719,680
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 164140
ROE Annual % 2218
ROCE Annual % 2722
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2418
IndicatorMar 2024Dec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 2,9023,1303,0763,2752,689
Operating Expenses Qtr Cr 2,3252,3882,3962,5682,230
Operating Profit Qtr Cr 577742680707459
Depreciation Qtr Cr 11379757376
Interest Qtr Cr 1313131212
Tax Qtr Cr 122177163170107
Net Profit Qtr Cr 301510450468283
IndicatorMar 2024Mar 2023
Total Revenue Annual Cr 12,52311,849
Operating Expenses Annual Cr 9,6769,815
Operating Profit Annual in Cr 2,7071,984
Depreciation Cr 341270
Interest Annual Cr 5148
Tax Annual Cr 632434
Net Profit Annual Cr 1,7291,273
IndicatorMar 2024Mar 2023
Cash from Operating Activity Annual Cr 2,7241,558
Cash from Investing Activity Annual Cr -1,770-899
Cash from Financing Annual Activity Cr -742-656
Net Cash Flow Annual Cr 2
IndicatorMar 2024Mar 2023
Total ShareHolders Funds Annual Cr 8,4077,212
Fixed Assets Annual Cr 4,3174,030
Total Non Current Assets Annual Cr 6,2685,964
Total Current Assets Annual Cr 5,8364,562
Total Assets Annual Cr 12,10410,525
IndicatorMar 2024Mar 2023
Book Value Per Share Annual Rs 169146
ROE Annual % 2118
ROCE Annual % 2722
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 2317

Pidilite Industries Technicals

EMA & SMA

Current Price
₹2,919.95
+82.6 (2.91%)
pointer
  • Bullish Moving Average
  • ___
  • 10
  • Bearish Moving Average
  • ___
  • 6
  • 20 Day
  • ₹2,928.72
  • 50 Day
  • ₹2,887.41
  • 100 Day
  • ₹2,801.94
  • 200 Day
  • ₹2,701.48
  • 20 Day
  • ₹2,930.13
  • 50 Day
  • ₹2,901.46
  • 100 Day
  • ₹2,785.42
  • 200 Day
  • ₹2,643.53

Pidilite Industries Resistance and Support

PIVOT
₹2,900.69
Resistance
First Resistance 2,956.27
Second Resistance 2,992.58
Third Resistance 3,048.17
RSI 49.55
MFI 51.64
MACD Single Line 10.80
MACD -3.16
Support
First Resistance 2,864.37
Second Resistance 2,808.78
Third Resistance 2,772.47

Pidilite Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 575,021 17,440,387 30.33
Week 648,861 25,798,705 39.76
1 Month 438,884 22,615,717 51.53
6 Month 519,913 32,395,776 62.31

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 148,511
Sales 11,167
Shares in Float 15.26
No of funds 780
Yield 0.37
Book Value 17.81
U/D Vol ratio 1.6
LTDebt / Equity
Alpha
Beta 0.74

Pidilite Industries

Owner NameMar-24Dec-23Sep-23Jun-23
Promoters 69.77%69.84%69.86%69.92%
Mutual Funds 3.6%3.49%3.57%3.88%
Insurance Companies 5.07%4.56%4.19%3.79%
Foreign Portfolio Investors 11.31%11.49%11.44%11.34%
Financial Institutions/ Banks 0.06%0.05%0.05%
Individual Investors 8.54%8.86%9.17%9.22%
Others 1.71%1.7%1.72%1.8%

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
2024-05-07 Audited Results
2024-01-23 Quarterly Results
2023-11-08 Quarterly Results
2023-08-10 Quarterly Results
2023-05-08 Audited 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

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 ₹2,919 As on 12 May, 2024 | 20:27

What is the Market Cap of Pidilite Industries ?

The Market Cap of Pidilite Industries is ₹148511.4 Cr As on 12 May, 2024 | 20:27

What is the P/E ratio of Pidilite Industries ?

The P/E ratio of Pidilite Industries is 85.9 As on 12 May, 2024 | 20:27

What is the PB ratio of Pidilite Industries ?

The PB ratio of Pidilite Industries is 17.2 As on 12 May, 2024 | 20:27

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