Pidilite Industries Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Excellent return on equity (ROE 23.9%)
- ✓Efficient capital deployment (ROCE 31%)
- ✓Virtually debt-free
Concerns
- ✗High premium to book value (P/B 13.9x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| SOLARINDS Solar Industries India Limited | ₹18,415 | ₹1.7L Cr | 99.2 | 26.53 | 31.5 | 36.8 | 0.17 |
| SRF SRF Limited | ₹2,702 | ₹81K Cr | 42.8 | 5.7 | 14.3 | 14.6 | 0.35 |
| LINDEINDIA Linde India Limited | ₹7,011 -0.83% | ₹59K Cr | 108 | 15.49 | 13.6 | 18.2 | 0.02 |
| FACT Fertilizers and Chemicals Travancore Limited | ₹867 +0.16% | ₹56K Cr | 3,803 | 41 | 1.61 | 8.65 | 2.79 |
| UPL UPL Limited | ₹637 | ₹54K Cr | 28.7 | 1.55 | 5.91 | 10.2 | 0.94 |
| COROMANDEL Coromandel International Limited | ₹1,797 +1.92% | ₹52K Cr | 25.9 | 4.12 | 17 | 22.8 | 0.11 |
| PIIND PI Industries Limited | ₹2,730 | ₹42K Cr | 33.5 | 3.69 | 11.6 | 14.7 | 0.02 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
PIDILITIND · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 69.84% | 69.78% | 69.75% | 69.60% | 69.59% | 69.49% |
| FII | 11.49% | 11.31% | 11.59% | 11.96% | 11.79% | 11.60% |
| DII | 8.32% | 8.93% | 8.97% | 8.89% | 9.15% | 9.43% |
| Public | 10.36% | 10.00% | 9.71% | 9.55% | 9.46% | 9.47% |
Corporate Events
To consider and approve the financial results for the period ended March 31, 2026 and to recommend dividend, if any, on the equity shares of the Company.
Bonus 1:1
Special Dividend - Rs 10 Per Share
Annual General Meeting/Dividend - Rs 20 Per Share
Annual General Meeting
Dividend - Rs 16 Per Share
Annual General Meeting
Dividend - Rs 11 Per Share
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹3.7K Cr ▲4.4% | ₹3.6K Cr ▼5.3% | ₹3.8K Cr ▲19.5% | ₹3.1K Cr ▼6.8% | ₹3.4K Cr ▲4.1% | ₹3.2K Cr ▼4.7% | ₹3.4K Cr ▲17.0% | ₹2.9K Cr |
| Op. Profit | ₹894 Cr ▲5.2% | ₹850 Cr ▼9.7% | ₹941 Cr ▲48.9% | ₹632 Cr ▼20.8% | ₹798 Cr ▲3.9% | ₹768 Cr ▼5.4% | ₹812 Cr ▲41.2% | ₹575 Cr |
| OPM | 24.0% ▲0.0% | 24.0% ▼4.0% | 25.0% ▲25.0% | 20.0% ▼16.7% | 24.0% ▲0.0% | 24.0% ▲0.0% | 24.0% ▲20.0% | 20.0% |
| Net Profit | ₹624 Cr ▲6.7% | ₹585 Cr ▼13.7% | ₹678 Cr ▲58.4% | ₹428 Cr ▼23.2% | ₹557 Cr ▲3.1% | ₹540 Cr ▼5.4% | ₹571 Cr ▲87.8% | ₹304 Cr |
| EPS (₹) | 6.07 ▲6.7% | 5.69 ▼13.9% | 6.61 ▲59.3% | 4.15 ▼23.6% | 5.43 ▲3.2% | 5.26 ▼5.6% | 5.57 ▲88.2% | 2.96 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹14.6K Cr ▲11.1% | ₹13.1K Cr ▲6.1% | ₹12.4K Cr ▲4.9% | ₹11.8K Cr ▲18.9% | ₹9.9K Cr ▲36.0% | ₹7.3K Cr ▼0.0% | ₹7.3K Cr ▲3.1% | ₹7.1K Cr ▲16.5% | ₹6.1K Cr ▲8.2% | ₹5.6K Cr |
| Expenses | ₹11.1K Cr ▲9.4% | ₹10.1K Cr ▲4.7% | ₹9.7K Cr ▼1.4% | ₹9.8K Cr ▲21.7% | ₹8.1K Cr ▲43.9% | ₹5.6K Cr ▼2.0% | ₹5.7K Cr ▲0.2% | ₹5.7K Cr ▲20.5% | ₹4.7K Cr ▲8.8% | ₹4.4K Cr |
| Op. Profit | ₹3.5K Cr ▲16.8% | ₹3.0K Cr ▲11.2% | ₹2.7K Cr ▲36.4% | ₹2.0K Cr ▲7.0% | ₹1.9K Cr ▲10.1% | ₹1.7K Cr ▲7.0% | ₹1.6K Cr ▲15.0% | ₹1.4K Cr ▲2.2% | ₹1.3K Cr ▲6.3% | ₹1.3K Cr |
| OPM | 24.0% ▲4.3% | 23.0% ▲4.5% | 22.0% ▲29.4% | 17.0% ▼10.5% | 19.0% ▼17.4% | 23.0% ▲4.5% | 22.0% ▲15.8% | 19.0% ▼13.6% | 22.0% ▲0.0% | 22.0% |
| Other Income | ₹252 Cr ▲14.0% | ₹221 Cr ▲250.8% | ₹63 Cr ▲14.5% | ₹55 Cr ▲41.0% | ₹39 Cr ▼47.3% | ₹74 Cr ▼23.7% | ₹97 Cr ▼25.4% | ₹130 Cr ▼15.0% | ₹153 Cr ▲33.0% | ₹115 Cr |
| Interest | ₹54 Cr ▲8.0% | ₹50 Cr ▼2.0% | ₹51 Cr ▲6.3% | ₹48 Cr ▲14.3% | ₹42 Cr ▲13.5% | ₹37 Cr ▲8.8% | ₹34 Cr ▲30.8% | ₹26 Cr ▲62.5% | ₹16 Cr ▲14.3% | ₹14 Cr |
| Depreciation | ₹395 Cr ▲10.3% | ₹358 Cr ▲5.0% | ₹341 Cr ▲26.3% | ₹270 Cr ▲12.5% | ₹240 Cr ▲19.4% | ₹201 Cr ▲18.2% | ₹170 Cr ▲27.8% | ₹133 Cr ▲10.8% | ₹120 Cr ▲4.3% | ₹115 Cr |
| PBT | ₹3.3K Cr ▲17.6% | ₹2.8K Cr ▲18.7% | ₹2.4K Cr ▲38.1% | ₹1.7K Cr ▲6.8% | ₹1.6K Cr ▲6.0% | ₹1.5K Cr ▲3.5% | ₹1.5K Cr ▲9.5% | ₹1.3K Cr ▼1.3% | ₹1.4K Cr ▲8.9% | ₹1.2K Cr |
| Tax % | 26.0% ▲0.0% | 26.0% ▼3.7% | 27.0% ▲8.0% | 25.0% ▲0.0% | 25.0% ▼3.8% | 26.0% ▲8.3% | 24.0% ▼22.6% | 31.0% ▲6.9% | 29.0% ▼6.5% | 31.0% |
| Net Profit | ₹2.5K Cr ▲17.9% | ₹2.1K Cr ▲20.0% | ₹1.7K Cr ▲35.5% | ₹1.3K Cr ▲6.8% | ₹1.2K Cr ▲7.2% | ₹1.1K Cr ▲0.4% | ₹1.1K Cr ▲20.9% | ₹928 Cr ▼3.9% | ₹966 Cr ▲11.9% | ₹863 Cr |
| EPS (₹) | 24.06 ▲17.9% | 20.41 ▲20.1% | 17 ▲35.8% | 12.52 ▲5.4% | 11.88 ▲6.7% | 11.13 ▲1.3% | 10.99 ▲20.8% | 9.1 ▼4.0% | 9.48 ▲13.0% | 8.39 |
| Div Payout | 89.0% ▲81.6% | 49.0% ▲4.3% | 47.0% ▲6.8% | 44.0% ▲4.8% | 42.0% ▲10.5% | 38.0% ▲18.8% | 32.0% ▼11.1% | 36.0% ▲12.5% | 32.0% ▲14.3% | 28.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹102 Cr ▲100.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr ▲0.0% | ₹51 Cr |
| Reserves | ₹9.5K Cr ▼2.6% | ₹9.7K Cr ▲16.1% | ₹8.4K Cr ▲16.7% | ₹7.2K Cr ▲12.7% | ₹6.4K Cr ▲14.6% | ₹5.5K Cr ▲25.8% | ₹4.4K Cr ▲7.5% | ₹4.1K Cr ▲16.3% | ₹3.5K Cr ▲3.0% | ₹3.4K Cr |
| Borrowings | ₹443 Cr ▼2.4% | ₹454 Cr ▲18.8% | ₹382 Cr ▼2.3% | ₹391 Cr ▼6.0% | ₹416 Cr ▲25.7% | ₹331 Cr ▲14.9% | ₹288 Cr ▲154.9% | ₹113 Cr ▼9.6% | ₹125 Cr ▲27.6% | ₹98 Cr |
| Other Liabilities | ₹3.9K Cr ▲3.3% | ₹3.8K Cr ▲14.9% | ₹3.3K Cr ▲13.2% | ₹2.9K Cr ▲8.5% | ₹2.7K Cr ▼7.4% | ₹2.9K Cr ▲62.5% | ₹1.8K Cr ▲8.3% | ₹1.6K Cr ▲9.5% | ₹1.5K Cr ▲24.8% | ₹1.2K Cr |
| Total Liabilities | ₹13.9K Cr ▼0.6% | ₹14.0K Cr ▲15.8% | ₹12.1K Cr ▲15.0% | ₹10.5K Cr ▲10.6% | ₹9.5K Cr ▲7.7% | ₹8.8K Cr ▲35.1% | ₹6.5K Cr ▲10.5% | ₹5.9K Cr ▲13.6% | ₹5.2K Cr ▲9.0% | ₹4.8K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹5.8K Cr ▲1.0% | ₹5.7K Cr ▲4.7% | ₹5.5K Cr ▲10.9% | ₹4.9K Cr ▲4.5% | ₹4.7K Cr ▲6.5% | ₹4.4K Cr ▲144.5% | ₹1.8K Cr ▲24.8% | ₹1.4K Cr ▲7.9% | ₹1.3K Cr ▲5.3% | ₹1.3K Cr |
| CWIP | ₹155 Cr ▲20.2% | ₹129 Cr ▼12.8% | ₹148 Cr ▼63.5% | ₹406 Cr ▲80.4% | ₹225 Cr ▼23.5% | ₹294 Cr ▲13.5% | ₹259 Cr ▲7.0% | ₹242 Cr ▲6.1% | ₹228 Cr ▲54.1% | ₹148 Cr |
| Investments | ₹3.3K Cr ▼7.0% | ₹3.6K Cr ▲58.9% | ₹2.2K Cr ▲153.7% | ₹881 Cr ▲91.9% | ₹459 Cr ▼11.0% | ₹516 Cr ▼56.5% | ₹1.2K Cr ▼23.4% | ₹1.5K Cr ▲24.2% | ₹1.2K Cr ▼13.7% | ₹1.4K Cr |
| Other Assets | ₹4.7K Cr ▲1.8% | ₹4.6K Cr ▲8.4% | ₹4.2K Cr ▼1.4% | ₹4.3K Cr ▲4.8% | ₹4.1K Cr ▲14.5% | ₹3.6K Cr ▲9.7% | ₹3.3K Cr ▲22.7% | ₹2.7K Cr ▲11.9% | ₹2.4K Cr ▲25.2% | ₹1.9K Cr |
| Total Assets | ₹13.9K Cr ▼0.6% | ₹14.0K Cr ▲15.8% | ₹12.1K Cr ▲15.0% | ₹10.5K Cr ▲10.6% | ₹9.5K Cr ▲7.7% | ₹8.8K Cr ▲35.1% | ₹6.5K Cr ▲10.5% | ₹5.9K Cr ▲13.6% | ₹5.2K Cr ▲9.0% | ₹4.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.3K Cr ▼16.0% | ₹2.7K Cr ▲74.8% | ₹1.6K Cr ▲63.1% | ₹955 Cr ▼31.4% | ₹1.4K Cr ▲8.8% | ₹1.3K Cr ▲51.5% | ₹845 Cr ▲6.2% | ₹796 Cr ▲0.3% | ₹794 Cr ▼12.5% | ₹907 Cr |
| Investing CF | ₹-1.5K Cr ▲12.8% | ₹-1.8K Cr ▼96.8% | ₹-899 Cr ▼61.1% | ₹-558 Cr ▲66.9% | ₹-1.7K Cr ▼1738.8% | ₹103 Cr ▲120.1% | ₹-513 Cr ▼1415.4% | ₹39 Cr ▲104.4% | ₹-879 Cr ▼79.0% | ₹-491 Cr |
| Financing CF | ₹-918 Cr ▼23.7% | ₹-742 Cr ▼13.1% | ₹-656 Cr ▼40.2% | ₹-468 Cr ▼515.8% | ₹-76 Cr ▲91.0% | ₹-849 Cr ▼135.2% | ₹-361 Cr ▲54.3% | ₹-790 Cr ▼2026.8% | ₹41 Cr ▲111.1% | ₹-371 Cr |
| Net Cash Flow | ₹-173 Cr ▼181.6% | ₹212 Cr ▲10500.0% | ₹2 Cr ▲102.8% | ₹-71 Cr ▲80.9% | ₹-372 Cr ▼169.8% | ₹533 Cr ▲1937.9% | ₹-29 Cr ▼163.0% | ₹46 Cr ▲202.2% | ₹-45 Cr ▼200.0% | ₹45 Cr |
| Free Cash Flow | ₹1.8K Cr ▼15.3% | ₹2.2K Cr ▲104.8% | ₹1.1K Cr ▲82.4% | ₹581 Cr ▼44.1% | ₹1.0K Cr ▲24.4% | ₹836 Cr ▲41.5% | ₹591 Cr ▲12.8% | ₹524 Cr ▼21.9% | ₹671 Cr ▼9.6% | ₹742 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50d ▲2.0% | 49d ▲4.3% | 47d ▼11.3% | 53d ▼19.7% | 66d ▲22.2% | 54d ▲0.0% | 54d ▼3.6% | 56d ▲12.0% | 50d ▲4.2% | 48d |
| Inventory Days | 103d ▲19.8% | 86d ▼12.2% | 98d ▼14.0% | 114d ▼14.3% | 133d ▲33.0% | 100d ▲5.3% | 95d ▼6.9% | 102d ▲2.0% | 100d ▲12.4% | 89d |
| Days Payable | 85d ▲21.4% | 70d ▲22.8% | 57d ▼18.6% | 70d ▼35.8% | 109d ▲62.7% | 67d ▲13.6% | 59d ▼14.5% | 69d ▲27.8% | 54d ▲1.9% | 53d |
| Cash Conv. Cycle | 68d ▲3.0% | 66d ▼25.0% | 88d ▼8.3% | 96d ▲5.5% | 91d ▲3.4% | 88d ▼2.2% | 90d ▲1.1% | 89d ▼7.3% | 96d ▲14.3% | 84d |
| Working Capital Days | 19d ▲0.0% | 19d ▼52.5% | 40d ▼7.0% | 43d ▲87.0% | 23d ▼36.1% | 36d ▼25.0% | 48d ▼2.0% | 49d ▲22.5% | 40d ▲11.1% | 36d |
| ROCE | 30.0% ▲0.0% | 30.0% ▲25.0% | 24.0% ▼4.0% | 25.0% ▼10.7% | 28.0% ▼15.2% | 33.0% ▲0.0% | 33.0% ▼8.3% | 36.0% ▼7.7% | 39.0% ▼13.3% | 45.0% |
Source: Screener.in · Lower days = better efficiency
Deep Dive Analysis
About Pidilite Industries Limited
Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products and polymer emulsions in India. Most of the products have been developed through strong in-house R&D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the country. Some of our other major brands are M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Fevicryl, Motomax, Hobby Ideas, Araldite. [1]
Chemicals · Chemicals & Petrochemicals