More about Pidilite Industries Limited
Fundamentals for Pidilite Industries Limited
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Fundamentals for Pidilite Industries Limited
Business Operations:
Sector: Basic MaterialsIndustry: Specialty Chemicals
Pidilite Industries Limited, together with its subsidiaries, engages in the manufacture and sale of 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. It sells its products primarily under the Fevicol, Fevicol MR, Dr. Fixit, Fevikwik, M-Seal, Fevistick, Fevicryl, Fevigum, Rangeela, WD-40, MOTO MAX, Terminator, WUDFIN, HAI SHA, steelgrip, Araldite, Roff, and other brands. The company was founded in 1959 and is based in Mumbai, India.
Revenue projections:
With PIDILITIND's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
| currentRatio | 2.149000 |
|---|---|
| forwardPE | 54.115715 |
| debtToEquity | 4.539000 |
| earningsGrowth | 0.083000 |
| revenueGrowth | 0.099000 |
| grossMargins | 0.541150 |
| operatingMargins | 0.211220 |
| trailingEps | 21.860000 |
| forwardEps | 26.755630 |
With a current ratio 2.149, Pidilite Industries Limited demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
Pidilite Industries Limited's forward PE being elevated could limit price appreciation and heighten the risk of a correction. Investors need to carefully assess this parameter in combination with other fundamentals to determine whether the stock is overvalued.
With positive gross and operating margins, Pidilite Industries Limited demonstrates its profitability and efficiency. These metrics show that the company is managing costs well while generating strong revenue, highlighting robust financial health.
PIDILITIND's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that PIDILITIND is likely to outperform its previous year's financial performance.
Price projections:
PIDILITIND's price projections have been steadily revised down, pointing to declining confidence in the company's outlook. This suggests that analysts are becoming more conservative in their expectations for PIDILITIND's future performance.
Insider Transactions:
There were 11 transactions selling PIDILITIND stock, with prevailing market price of 2748.0045276988635.There were no sell transactions during the period under consideration.The recent buying activity at current PIDILITIND price levels exceeds selling, suggesting a potential positive outlook. Investors may see this trend as an indicator that the stock is likely to perform well, reflecting growing confidence.
Recommendation changes over time:
Analysts have maintained a buy bias for PIDILITIND, which could prompt investors to consider the stock as a viable investment. With this positive outlook, PIDILITIND is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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