Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: 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:

Revenue projections for PIDILITIND
Revenue projections for PIDILITIND

PIDILITIND's projected revenue decline from last year is likely to make investors cautious. Lower revenues often hurt a company's bottom line, leading investors to be concerned about the company's ability to maintain profitability and deliver strong financial results in the future.

Financial Ratios:

currentRatio 2.268000
forwardPE 56.704926
debtToEquity 4.561000
earningsGrowth 0.404000
revenueGrowth 0.082000
grossMargins 0.538410
operatingMargins 0.176330
trailingEps 40.770000
forwardEps 20.250000

A current ratio of 2.268 for PIDILITIND implies that the company has ample liquidity to meet its short-term debts. PIDILITIND's cash reserves and current assets should easily cover these obligations, highlighting its financial stability and ability to manage short-term liabilities.
Pidilite Industries Limited's high forward PE indicates potential overvaluation, which may restrict future price increases and prompt a correction. Investors should evaluate this metric carefully in conjunction with other fundamental indicators to assess the stock's true growth potential.
With forward EPS less than trailing EPS, Pidilite Industries Limited is expected to see reduced earnings. This suggests the company may face profitability challenges in the current financial year compared to the previous one.

Price projections:

Price projections for PIDILITIND
Price projections for PIDILITIND

PIDILITIND's price projections have been consistently revised upward, suggesting that analysts are becoming increasingly optimistic about the company's future. This trend reflects confidence in PIDILITIND's ability to achieve strong financial results.

Insider Transactions:

Insider Transactions for PIDILITIND
Insider Transactions for PIDILITIND


PIDILITIND experienced 33 selling transactions, with market price of 3040.119695490057.During the period under review, no sell transactions were recorded.The higher number of buys versus sells near PIDILITIND's current price suggests optimism among investors. This buying trend could be interpreted as a sign that the market expects favorable outcomes for the stock in the near future.

Recommendation changes over time:

Recommendations trend for PIDILITIND
Recommendations trend for PIDILITIND


Analysts are favoring PIDILITIND with a buy bias, highlighting the stock's potential as a solid investment. This recommendation might drive more investors to consider PIDILITIND as a secure and profitable option for their money, contributing to a broader positive sentiment in the market.