Pidilite Industries Share PricePidilite Industries

-3.55 (-0.15%)
  • Advice
  • Hold
As on 25 March, 2023 | 04:13 BSE: 500331 NSE: PIDILITIND

Pidilite Industries Performance

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52 Week Range

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Pidilite Industries Share Price

  • Over 1 Month 3.9%
  • Over 3 Month -5.05%
  • Over 6 Month -15.57%
  • Over 1 Year -2.44%

Pidilite Industries Key Statistics

P/E Ratio 96.6
PEG Ratio -82
Market Cap Cr 120,193
Price to Book Ratio 18.2
EPS 25.1
Dividend 0.4
Relative Strength Index 55.83
Money Flow Index 67.17
MACD Signal -2.22
Average True Range 38.68

Pidilite Industries Investment Rating

  • Master Rating:
  • Pidilite Industries(Nse) has an operating revenue of Rs. 11,616.95 Cr. on a trailing 12-month basis. An annual revenue growth of 35% is outstanding, Pre-tax margin of 16% is great, ROE of 18% 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 below to its 200DMA and close to its 50DMA. It needs to take out the 200DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 58 which is a POOR score indicating inconsistency in earnings, a RS Rating of 49 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C which is evident from recent supply seen, Group Rank of 119 indicates it belongs to a poor industry group of Chemicals-Specialty and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Pidilite Industries Financials
IndicatorDec 2022Sep 2022Jun 2022Mar 2022
Oper Rev Qtr Cr 2,7102,7152,7902,084
Operating Expenses Qtr Cr 2,2422,2512,3031,742
Operating Profit Qtr Cr 468464487342
Depreciation Qtr Cr 57535046
Interest Qtr Cr 10745
Tax Qtr Cr 1079611079
Net Profit Qtr Cr 296337333318

Pidilite Industries Technicals


Current Price
-3.55 (-0.15%)
  • Bullish Moving Average
  • ___
  • 9
  • Bearish Moving Average
  • ___
  • 7
  • 20 Day
  • 2339.96
  • 50 Day
  • 2370.86
  • 100 Day
  • 2434.21
  • 200 Day
  • 2456.78
  • 20 Day
  • 2327.57
  • 50 Day
  • 2341.86
  • 100 Day
  • 2487.83
  • 200 Day
  • 2502.26

Pidilite Industries Resistance and Support

First Resistance 2382.25
Second Resistance 2396.4
Third Resistance 2409.5
RSI 55.83
MFI 67.17
MACD Single Line -2.22
MACD 6.95
First Resistance 2355
Second Resistance 2341.9
Third Resistance 2327.75

Pidilite Industries Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 278,310 15,910,983 57.17
Week 445,589 29,408,861 66
1 Month 338,114 20,253,034 59.9
6 Month 357,689 18,936,071 52.94

Pidilite Industries Result Highlights

Pidilite Industries Synopsis


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. 8340.17 Cr. and Equity Capital is Rs. 50.83 Cr. for the Year ended 31/03/2022. 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 120,193
Sales 10,299
Shares in Float 15.25
No of funds 689
Yield 0.42
Book Value 18.73
U/D Vol ratio 0.9
LTDebt / Equity
Alpha 0.01
Beta 0.71

Pidilite Industries

Owner NameDec-22Sep-22Jun-22Mar-22
Promoters 69.94%69.94%69.94%
Mutual Funds 4.08%4.04%3.97%
Insurance Companies 3.75%3.4%3.21%
Foreign Portfolio Investors 11.08%11.34%11.13%
Financial Institutions/ Banks 0.06%0.03%0.13%
Individual Investors 9.28%9.42%9.66%
Others 1.81%1.83%1.96%

Pidilite Industries Management

Name Designation
Mr. M B Parekh Executive Chairman
Mr. N K Parekh Vice Chairman
Mr. A B Parekh Executive Vice Chairman
Mr. Bharat Puri Managing Director
Mr. Sudhanshu Vats Deputy Managing Director
Mr. A N Parekh Whole Time Director
Mr. Debabrata Gupta Whole Time Director
Mr. Sanjeev Aga Director
Mr. Uday Khanna Director
Mrs. Meera Shankar Director
Mr. Vinod Dasari Director
Mr. Piyush Pandey Director
Mr. Rajeev Vasudeva Director
Mr. B S Mehta Director
Mr. Meher Pudumjee Director

Pidilite Industries Forecast

Price Estimates


Other Analyst Rating

Pidilite Industries MF Shareholding

Name Amount(cr)
Axis Bluechip Fund Growth 33050
Axis Long Term Equity Fund Growth 28754
UTI Flexi Cap Fund Regular Plan Growth 23945
Kotak Equity Arbitrage Fund Growth 21918
Axis Focused 25 Fund Growth 15140

About Company

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.


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 ₹2364 As on 25 March, 2023 | 03:59

What is the Market Cap of Pidilite Industries ?

The Market Cap of Pidilite Industries is ₹120193.4 Cr As on 25 March, 2023 | 03:59

What is the P/E ratio of Pidilite Industries ?

The P/E ratio of Pidilite Industries is 96.6 As on 25 March, 2023 | 03:59

What is the PB ratio of Pidilite Industries ?

The PB ratio of Pidilite Industries is 18.2 As on 25 March, 2023 | 03:59

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.?

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