Pidilite Industries

Pidilite Industries

1,454.80
+12.00
(0.83%)
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Key Fundamentals
Add Ratio
Market Cap
1,48,057.00 Cr
EPS
40.82
PE Ratio
65.93
Dividend Yield
0.69 %
Industry
Chemicals
52 Week High
1,620.00
52 Week Low
1,311.10
PB Ratio
15.51
Debt to Equity
0.05
Analyst Rating and Forecast
- By Refinitiv from17 analysts
BUY
Analysts have suggested that investors can buy this stock
Buy
Buy+64.71 %
+64.71 %
Hold
Hold+11.76 %
+11.76 %
Sell
Sell+23.53 %
+23.53 %
Forecast For
Actual

Company News

View All News
Caret
positive
Pidilite Industries reported standalone revenue of INR 3,272 crores for Q2 FY26, marking 10.4% value growth. The Consumer and Bazaar segment achieved 10.4% underlying volume growth, entering double-digit territory after five quarters. The B2B business recorded 9.9% underlying volume growth. Export business declined due to geopolitical uncertainty and tariffs in some markets. Gross margins improved by 0.5% due to benign input prices, with VAM consumption at 883 compared to 980 in the previous year. The company increased advertising and sales promotion expenditure by 80% in absolute terms. EBITDA margins remained at the same level as Q2 last year. Domestic subsidiaries reported 10.7% revenue growth with 22.6% EBITDA growth. Consolidated revenues reached INR 3,540 crores with 9.8% growth. Rural markets continue to outperform urban markets, though urban performance has shown improvement. Management expressed confidence in maintaining double-digit underlying volume growth and expects input costs to remain benign for the next 6 months.
positive
Pidilite Industries expects to deliver double-digit underlying volume growth in the second half, driven by growth brand initiatives, product innovation, and marketing efforts. The adhesives and construction chemicals manufacturer reported 9.8% growth in consolidated net sales to Rs 3,540 crore for the September quarter, with EBITDA increasing 24%. For the first half, consolidated net sales rose 10.5% to Rs 6,740 crore with 25.2% EBITDA. Managing Director Sudhanshu Vats expects continued momentum with higher EBITDA margins if input costs remain benign, targeting the higher end of the 20-24% EBITDA corridor. The company anticipates improvement from favorable monsoons, GST 2.0 impact, and accelerated construction sector growth. Rural growth continues to outpace urban markets by 100-150 basis points, though urban growth showed pickup in the second quarter. Vats noted that geopolitical volatility has limited direct impact due to lower tariff exposure, with contingency plans in place for supply chain management.
neutral
Pidilite Industries has agreed to purchase 7,27,200 equity shares in its subsidiary Pidilite C-Techos Walling Limited (PCTWL) from existing shareholder Chetana Exponential Technologies Private Limited. The cash transaction worth Rs 72,720 will increase Pidilite's shareholding in PCTWL from 60% to 100%, making it a wholly owned subsidiary. PCTWL operates in construction of building works and structural projects using C-Techos wall technology, and manufactures ACC panels. The company was incorporated in March 2020 and reported nil turnover as of March 2025, with previous turnover of Rs 0.47 crores in March 2023. The acquisition is expected to be completed on or before November 11, 2025, and does not constitute a material transaction for Pidilite.
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Competitors
LTP
Market Cap (₹ Cr.)
P/E Ratio
Revenue (₹ Cr.)
YoY Revenue Growth %
Net Profit (₹ Cr.)
YoY Profit Growth %
RSI
1,454.80
#1 1,48,057.00
#9 65.93
#3 13,387.50
#10 6.91
#1 2,096
#7 8.20
40.02
2,896.80
85,868.30
53.11
14,825.80
12.13
1,251
92.75
38.02
3,614.00
39,699.80
63.86
4,853.20
10.61
546
70.37
44.43
5,969.00
30,564.70
68.89
2,393.10
12.83
289
#1 152.38
76.85
1,720.60
23,467.80
38.68
8,365.80
7.84
697
-44.54
35.11
4,448.60
19,256.00
48.63
#1 15,339.40
10.81
479
-37.72
44.97
1,643.50
17,037.40
39.10
2,292.50
18.24
405
10.06
38.81
5,691.00
16,755.30
#1 29.79
5,692.40
#1 18.99
499
30.75
34.76
391.80
14,206.40
48.98
7,285.40
14.16
331
103.85
59.51
4,351.70
13,342.30
32.92
2,366.70
7.83
411
-7.50
30.65

Automatic Screeners on ScanX

Growth Rate
Revenue Growth
6.91 %
Net Income Growth
19.96 %
Cash Flow Change
-16.06 %
ROE
3.80 %
ROCE
2.60 %
EBITDA Margin (Avg.)
7.13 %

Quarterly Financial Results

Quarterly Financials
Mar 2015
Jun 2015
Sept 2015
Dec 2015
Mar 2016
Jun 2016
Sept 2016
Dec 2016
Mar 2017
Jun 2017
Sept 2017
Dec 2017
Mar 2018
Jun 2018
Sept 2018
Dec 2018
Mar 2019
Jun 2019
Sept 2019
Dec 2019
Mar 2020
Jun 2020
Sept 2020
Dec 2020
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Revenue
1,046
1,476
1,332
1,349
1,262
1,594
1,452
1,362
1,326
1,573
1,565
1,565
1,538
1,867
1,785
1,880
1,697
2,057
1,863
1,968
1,559
898
1,903
2,321
2,254
1,945
2,641
2,860
2,523
3,115
3,025
3,004
2,712
3,299
3,108
3,167
2,951
3,449
3,292
3,425
3,222
3,839
3,605
Expenses
914
1,126
1,019
1,046
997
1,175
1,096
1,048
1,038
1,208
1,154
1,173
1,211
1,452
1,393
1,511
1,371
1,573
1,461
1,463
1,277
812
1,368
1,658
1,778
1,589
2,077
2,302
2,106
2,572
2,511
2,502
2,232
2,569
2,398
2,388
2,399
2,583
2,467
2,571
2,534
2,812
2,704
EBITDA
132
350
314
304
265
419
355
314
289
365
411
392
327
414
392
369
326
484
403
505
282
87
535
663
476
356
564
558
417
544
514
503
481
729
710
780
552
866
825
854
687
1,027
901
Operating Profit %
12 %
23 %
22 %
22 %
19 %
25 %
23 %
21 %
20 %
21 %
25 %
24 %
18 %
21 %
21 %
18 %
16 %
22 %
19 %
24 %
17 %
8 %
27 %
28 %
20 %
18 %
21 %
19 %
16 %
17 %
17 %
17 %
17 %
22 %
22 %
24 %
17 %
24 %
24 %
24 %
19 %
25 %
24 %
Depreciation
31
24
25
25
27
26
30
30
30
31
30
29
30
30
32
32
39
38
40
42
50
46
48
50
57
57
60
61
62
61
64
69
76
73
75
80
113
84
88
90
97
97
100
Interest
5
4
3
3
3
4
3
3
5
4
4
4
4
7
6
6
7
7
8
8
10
9
9
12
7
10
12
11
9
9
12
15
12
12
13
13
13
12
12
12
14
14
13
Profit Before Tax
103
329
293
281
236
390
322
282
254
330
377
359
293
377
354
331
280
439
354
455
222
32
478
601
411
290
492
487
346
473
439
419
393
644
622
687
426
770
725
752
576
917
787
Tax
22
95
89
82
67
117
91
79
97
103
124
119
46
136
123
111
43
144
29
108
66
16
122
155
104
72
116
128
92
116
101
111
107
170
163
177
122
198
185
195
149
238
203
Net Profit
81
235
204
199
169
272
231
203
157
227
253
239
248
241
231
220
237
294
325
346
157
16
356
446
307
218
376
359
254
358
338
308
286
474
459
511
304
571
540
557
428
678
585
EPS in ₹
1.57
4.55
3.95
3.86
3.29
5.27
4.50
3.95
3.06
4.42
4.91
4.68
4.80
4.70
4.56
4.32
4.63
5.77
6.38
6.73
3.10
0.53
7.01
8.70
6.03
4.33
7.37
7.05
5.00
6.96
6.54
5.98
5.57
9.21
8.85
10.04
5.91
11.15
10.51
10.86
8.30
13.22
5.69

Balance Sheet

Balance Sheet
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Total Assets
3,316
3,719
4,774
5,205
5,915
6,536
8,830
9,516
10,525
12,104
14,012
Fixed Assets
979
1,138
1,275
1,342
1,448
1,807
4,418
4,703
4,914
5,451
5,705
Current Assets
1,671
2,151
3,134
3,309
3,582
3,761
3,515
4,016
4,562
5,836
7,462
Capital Work in Progress
462
158
148
228
242
259
294
225
406
148
129
Investments
279
706
1,443
1,246
1,548
1,186
516
459
881
2,235
3,551
Other Assets
1,596
1,718
1,908
2,389
2,677
3,284
3,603
4,128
4,324
4,270
4,626
Total Liabilities
3,316
3,719
4,774
5,205
5,915
6,536
8,830
9,516
10,525
12,104
14,012
Current Liabilities
959
915
1,022
1,208
1,301
1,615
2,435
2,325
2,411
2,798
3,290
Non Current Liabilities
81
123
154
247
259
250
563
588
669
689
764
Total Equity
2,276
2,681
3,598
3,749
4,355
4,671
5,833
6,603
7,446
8,617
9,958
Reserve & Surplus
2,219
2,587
3,420
3,523
4,097
4,405
5,542
6,353
7,162
8,356
9,704
Share Capital
51
51
51
51
51
51
51
51
51
51
51

Cash Flow

Cash Flow
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Net Cash Flow
-49
45
-45
46
-29
533
-372
-71
2
212
-173
Investing Activities
-436
-491
-879
39
-513
103
-1,688
-558
-899
-1,769
-1,542
Operating Activities
552
908
794
796
845
1,280
1,392
955
1,558
2,724
2,287
Financing Activities
-165
-371
41
-790
-361
-849
-76
-468
-656
-743
-918

Share Holding

% Holding
Mar 2021
Jun 2021
Sept 2021
Dec 2021
Mar 2022
Jun 2022
Sept 2022
Dec 2022
Mar 2023
Jun 2023
Sept 2023
Dec 2023
Mar 2024
Jun 2024
Sept 2024
Dec 2024
Mar 2025
Jun 2025
Sept 2025
Promoter
70.16 %
70.13 %
69.99 %
69.98 %
69.94 %
69.94 %
69.94 %
69.94 %
69.94 %
69.92 %
69.86 %
69.84 %
69.77 %
69.75 %
69.60 %
69.60 %
69.50 %
69.36 %
69.33 %
FIIs
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
11.31 %
11.58 %
11.96 %
11.79 %
11.60 %
12.13 %
0.00 %
DIIs
7.25 %
6.93 %
7.09 %
7.28 %
7.11 %
7.32 %
7.47 %
8.13 %
8.47 %
7.93 %
7.81 %
8.11 %
8.94 %
8.98 %
8.91 %
9.16 %
9.43 %
9.15 %
8.53 %
Government
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
0.00 %
Public / Retail
8.84 %
8.95 %
9.30 %
9.27 %
9.50 %
9.66 %
9.43 %
9.28 %
9.41 %
9.22 %
9.16 %
8.85 %
8.54 %
8.29 %
8.16 %
8.08 %
8.09 %
7.98 %
7.97 %
Others
13.74 %
14.00 %
13.62 %
13.48 %
13.44 %
13.08 %
13.16 %
12.64 %
12.18 %
12.94 %
13.16 %
13.20 %
1.45 %
1.39 %
1.37 %
1.38 %
1.38 %
1.36 %
14.17 %
No of Share Holders
2,75,949
3,21,594
4,10,821
4,84,597
5,62,810
6,20,875
5,75,479
5,86,075
6,18,327
5,97,029
6,00,117
5,77,382
5,41,114
5,23,292
5,08,966
5,08,918
5,17,618
5,02,257
5,07,732

Dividend History

Annual Cash Flows 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Dividend Per Share (₹) 4.15 4.75 6 6.5 7 8.5 10 11 16 20
Dividend Yield (%) 1.19 1.04 0.96 0.96 0.77 0.69 0.85 0.73 1.12 1.37

Corporate Action

Record Date Corporate Action Information Announcement Day LTP at Annoucement LTP at Record Day
28 Jul 2021 DIVIDEND Dividend
₹ 8.50 /share
27 Jul 2021 938.60 1,149.80
27 Jul 2022 DIVIDEND Dividend
₹ 10.00 /share
26 Jul 2022 1,084.78 1,160.25
27 Jul 2023 DIVIDEND Dividend
₹ 11.00 /share
27 Jul 2023 1,236.05 1,308.30
25 Jul 2024 DIVIDEND Dividend
₹ 16.00 /share
24 Jul 2024 1,476.65 1,554.83
07 Aug 2024 ANNUAL GENERAL MEETING Annual General Meeting
NA
07 Aug 2024 1,542.58 1,527.63
23 Oct 2024 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
23 Oct 2024 1,643.55 1,563.85
22 Jan 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
22 Jan 2025 1,431.15 1,374.50
08 May 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
08 May 2025 1,476.30 1,490.85
23 Jul 2025 DIVIDEND Dividend
₹ 20.00 /share
23 Jul 2025 1,490.85 1,467.23
06 Aug 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
06 Aug 2025 1,524.15 1,498.80
06 Aug 2025 ANNUAL GENERAL MEETING Annual General Meeting
NA
06 Aug 2025 1,539.40 1,498.80
13 Aug 2025 DIVIDEND Dividend
₹ 10.00 /share
13 Aug 2025 1,498.80 1,550.75
23 Sept 2025 BONUS Bonus
1:1
23 Sept 2025 1,537.23 1,518.88
30 Oct 2025 QUARTERLY RESULT ANNOUNCEMENT Quarterly Result Announcement
NA
30 Oct 2025 1,470.60 1,507.30

Announcements

Transcript Of Earnings Call1 day ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation5 days ago
Announcement under Regulation 30 (LODR)-Newspaper Publication5 days ago
Audio Recording Of Earnings Call7 days ago
Announcement under Regulation 30 (LODR)-Investor Presentation8 days ago
Intimation Under Reg 308 days ago
Announcement under Regulation 30 (LODR)-Press Release / Media Release8 days ago
Unaudited Financial Results Qe 30.09.20258 days ago
Board Meeting Outcome for Unaudited Financial Results For Qe 30.09.20258 days ago
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation9 days ago
Disclosure Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements) Regulations 2015Oct 27, 2025
Intimation Under Regulation 30Oct 24, 2025
Announcement under Regulation 30 (LODR)-DemiseOct 24, 2025
Press ReleaseOct 17, 2025
Intimation Under Regulation 30 Of The SEBI (Listing Obligation And Disclosure Requirements) Regulations 2015Oct 17, 2025
Intimation Of Q2FY26 Earnings CallOct 15, 2025
Board Meeting Intimation for Intimation Of Date Of Board Meeting For Consideration Of Unaudited Financial Results For The Second Quarter Ended 30.09.2025Oct 08, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationOct 07, 2025
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018Oct 06, 2025
Intimation For Change In Email Address Of MUFG Intime India Private Limited Registrar And Share Transfer Agent ("RTA") Of The CompanyOct 03, 2025
Minutes Of Postal BallotOct 03, 2025
Closure of Trading WindowSep 25, 2025
Announcement under Regulation 30 (LODR)-AllotmentSep 24, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 23, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationSep 17, 2025
Intimation Of Record Date For Issue Of Bonus Equity SharesSep 16, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 15, 2025
Amendment To Memorandum Of Association Of The CompanySep 12, 2025
Shareholder Meeting / Postal Ballot-Outcome of Postal_BallotSep 12, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationSep 10, 2025
Minutes Of Annual General MeetingSep 02, 2025
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPSSep 01, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 26, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 25, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 20, 2025
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - IntimationAug 18, 2025
EarnigsAug 14, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 13, 2025
Shareholder Meeting / Postal Ballot-Notice of Postal BallotAug 12, 2025
Communication To Shareholders - Intimation On Tax Deduction On Special Interim DividendAug 08, 2025
Copy Of Newspaper PublicationAug 08, 2025
Announcement under Regulation 30 (LODR)-Newspaper PublicationAug 08, 2025
Audio Recording Q1FY26 Earnings CallAug 07, 2025
Shareholder Meeting / Postal Ballot-Scrutinizers ReportAug 06, 2025
Shareholder Meeting / Postal Ballot-Outcome of AGMAug 06, 2025
Record DateAug 06, 2025
Announcement under Regulation 30 (LODR)-Investor PresentationAug 06, 2025
Announcement under Regulation 30 (LODR)-Press Release / Media ReleaseAug 06, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 06, 2025
Announcement under Regulation 30 (LODR)-Change in DirectorateAug 06, 2025

Mutual Fund Holdings

Funding HouseCurrent Holding %1M Change1M Change %3M Change %Last 6M Trend
Axis ELSS Tax Saver Direct Plan-Growth
0.00%
-5048448
-2.16%
-2.23%
Axis Large Cap Fund Direct-Growth
0.00%
-3992428
-1.78%
-1.85%
ICICI Prudential Focused Equity Fund Direct-Growth
0.00%
-3150732
-3.58%
-3.58%
Axis Focused Direct Plan-Growth
0.00%
-3123976
-3.74%
-3.88%
ICICI Prudential Balanced Advantage Direct-Growth
0.00%
-1775558
-0.39%
-0.41%
Kotak Arbitrage Fund Direct-Growth
0.00%
-1701500
-0.35%
-0.41%
Mirae Asset Large Cap Fund Direct- Growth
0.00%
-1625196
-0.60%
-0.63%
ICICI Prudential Innovation Fund Direct - Growth
0.00%
-1363846
-2.81%
-2.92%
Mirae Asset ELSS Tax Saver Fund Direct-Growth
0.00%
-1344718
-0.76%
-0.80%
Canara Robeco Large and Mid Cap Fund Direct-Growth
0.00%
-1116212
-0.64%
-0.68%
ICICI Prudential Nifty Next 50 Index Direct-Growth
0.00%
-1089796
-2.01%
-2.07%
Axis Large & Mid Cap Fund Direct-Growth
0.00%
-987148
-0.97%
-1.02%
ICICI Prudential Equity Arbitrage Direct-Growth
0.00%
-654500
-0.30%
-0.25%
ICICI Prudential Bharat Consumption Fund Direct - Growth
0.00%
-644048
-2.97%
-3.01%
Invesco India Arbitrage Fund Direct-Growth
0.00%
-642500
-0.35%
-0.29%
ICICI Prudential Manufacturing Fund Direct - Growth
0.00%
-641562
-1.43%
-1.51%
SBI Arbitrage Opportunities Fund Direct-Growth
0.00%
-514000
-0.19%
-0.22%
ICICI Prudential Multi Asset Fund Direct-Growth
0.00%
-482432
-0.10%
-0.13%
Edelweiss Balanced Advantage Fund Direct-Growth
0.00%
-474318
-0.54%
-0.57%
Axis India Manufacturing Fund Direct-Growth
0.00%
-427098
-1.18%
-1.25%
NJ Balanced Advantage Fund Direct - Growth
0.00%
-384371
-1.48%
-1.53%
Axis Arbitrage Fund Direct-Growth
0.00%
-366500
-0.71%
-0.69%
NJ Flexi Cap Fund Direct - Growth
0.00%
-366230
-2.23%
-2.31%
HDFC Arbitrage Fund Wholesale Direct-Growth
0.00%
-350000
-0.23%
-0.22%
Bandhan Nifty100 Low Volatility 30 Index Fund Direct-Growth
0.00%
-345983
-2.98%
-3.01%

Technical Indicators

RSI(14)
Neutral
40.02
ATR(14)
Less Volatile
25.81
STOCH(9,6)
Oversold
12.47
STOCH RSI(14)
Oversold
14.25
MACD(12,26)
Bearish
-6.28
ADX(14)
Strong Trend
27.15
UO(9)
Bearish
38.72
ROC(12)
Downtrend And Accelerating
-4.68
WillR(14)
Oversold
-85.16

About Pidilite Industries

Pidilite Industries Limited is an Indian manufacturer of adhesives, sealants, construction chemicals, and related products. The company operates in two main segments: Consumer and Bazaar (C&B), which sells products to retail users, and Business to Business (B2B), which provides industrial products to various industries. Pidilite's product range includes adhesives, sealants, art materials, construction chemicals, synthetic resins, organic pigments, and more. The company has expanded through acquisitions and joint ventures, both domestically and internationally. Pidilite has several subsidiaries and has made strategic investments in start-ups related to home decor, furnishings, painting, and waterproofing. The company has undergone mergers and acquisitions to strengthen its market position and product offerings.
Chairperson NameM B Parekh