Pidilite Industries Limited, Fundamental analysis

Pidilite Industries Limited - Technical chart

consolidated in Rs/Cr.

Industry Industry name	Chemicals
Variance Full Year Net Profit Variance	18
Equity Latest Equity	101.78
Face Value Latest Face Value	1
Reserves Total Reserve	10730.39
Dividend Full Year Dividend %	1150
Sales Turnover Full Year Net Sales	14600.83
Net Profit Full Year Net Profit	2462.6
Full Year CPS Full Year Cash Per Share	28.1
Earning Per Share Full Year Earning Per Share	24.2
Quarter CPS Latest quarter Cash Per Share	0
Latest Quarter Date Latest Quarter Yrc	Mar 1, 2026
Latest Quarter Sales Latest Quarter Net Sales	3583.38
Previous EPS Previous earnings per share	0
Book Value Book value	106.4
Networth Full Year Return on Networth	24
Price/Book Value Price to Book value	14.661654
Yearly PE ratio Full Year Price to Earning per share	64.5
Yearly PC ratio Full Year Price to Cash Per Share	55.6
Bse value BSE Value in lakhs	321.68
Nse value NSE Value in lakhs	10969.28
High 52 week high	1626
Low 52 week low	1259
Price NSE Current market price	1560
CPM Current market price	1560

Market cap BSE / NSE Market Cap	158749.85
Net profit Latest Quarter Net Profit	585.27
Net profit variance Latest Quarter Net Profit variance	33
Result year Trailing latest month	Mar 1, 2026
TTM Sales Trailing Twelve 12 month Net Sales	12662.1
TTM OP Trailing Twelve 12 month Operating Profit	-178.78
TTM OPM Trailing Twelve 12 month Operating Profit Margin	-1.41
TTM GP Trailing Twelve 12 month Gross Profit	3714.88
TTM GPM Trailing Twelve 12 month Gross Profit Margin	25.44
TTM NP Trailing Twelve 12 month Net Profit	1962.56
TTM NPV Trailing Twelve 12 month Net Profit Variane	17.63
TTM EPS Trailing Twelve 12 month EPS	24.2
TTM PE Trailing Twelve 12 month PE	64.45
TTM CPS Trailing Twelve 12 month CPS	0
Month CPS Month Cash Per Share	0
TTM Depreciation Trailing Twelve 12 month Depreciation	364.32
Equity Latest Equity	101.78
LTP Latest Price (BSE/NSE)	1560
Gross block Latest Gross Block	8372.58
Loans Total loans	325.59
Advances Latest Advances for Banks	0
Net profit asset Latest Assets	0
Year OPM Full Year Operating Profit Margin	24.1
Year GPM Full Year Gross Profit Margin	25.6
Quarter OPM Latest quater Operation Profit Margin	23.2

Quarterly Results (consolidated, figures in Rs Cr.)

	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
+ Sales	3,395	3,235	3,369	3,141	3,753	3,554	3,710	3,583
YOY Sales Growth %	4%	5%	8%	8%	11%	10%	10%	14%
Gross Sales	3,395	3,235	3,369	3,141	3,753	3,554	3,710	3,583
+ Expenses	2,583	2,467	2,571	2,534	2,812	2,704	2,821	2,761
Material Cost %	37%	43%	40%	49%	34%	37%	36%	48%
Raw Material Cost	1,327	1,324	1,341	1,401	1,393	1,351	1,362	1,515
Change in Inventory	-70	53	2	154	-122	-25	-29	206
Manufacturing Cost %	18%	17%	18%	21%	17%	18%	18%	20%
Employee Cost %	12%	13%	13%	14%	12%	13%	14%	13%
Other Cost %	9%	3%	6%	-5%	12%	8%	8%	-5%
Raw Materials %	39%	41%	40%	45%	37%	38%	37%	42%
Purchase of Finished Goods %	5%	6%	6%	5%	6%	6%	6%	7%
Stock Adjustments %	2%	-2%	-0%	-5%	3%	1%	1%	-6%
Other Manufacturing Expenses %	18%	17%	18%	21%	17%	18%	18%	20%
Operating Profit	812	768	798	607	941	850	888	823
OPM %	24%	24%	24%	19%	25%	24%	24%	23%
+ Other Income	54	57	56	80	86	50	66	65
Miscellaneous Income	54	57	56	80	86	50	66	65
Interest	12	12	12	14	14	13	13	14
Depreciation	84	88	90	97	97	100	101	97
Profit before tax	770	725	752	576	916	787	840	777
+ Tax %	26%	25%	26%	26%	26%	26%	26%	25%
Current Tax	193	186	188	146	231	213	218	185
Deferred Tax	5	-1	7	3	7	-10	-2	7
+ Net Profit	571	540	557	428	678	585	624	584
Extraordinary Income / Expense	0	0	0	-25	0	0	-6	-8
Exceptional Item	0	0	0	-25	0	0	-6	-8
Minority Interest (After Tax)	-4	-6	-5	-5	-6	-5	-6	-5
Net Profit After Minority Interest	567	535	552	422	672	579	618	579
EPS in Rs	11.15	10.51	10.86	8.30	13.22	5.69	6.07	5.69

Profit & Loss (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Sales	6,062	6,219	7,078	7,294	7,293	9,921	11,799	12,383	13,140	14,601
Sales Growth %		3%	14%	3%	-0%	36%	19%	5%	6%	11%
Gross Sales	5,171	5,947	7,078	7,294	7,293	9,921	11,799	12,383	13,140	14,601
Excise Duty	446	140	0	0	0	0	0	0	0	0
+ Expenses	4,803	4,878	5,728	5,774	5,616	8,074	9,815	9,751	10,156	11,098
Material Cost %	44%	46%	51%	47%	46%	55%	57%	48%	46%	44%
Raw Material Cost	2,670	2,884	3,662	3,381	3,495	5,689	6,821	5,868	6,135	6,519
Change in Inventory	-31	4	-75	21	-118	-245	-62	126	-139	-30
Manufacturing Cost %	2%	3%	3%	3%	4%	4%	4%	4%	5%	5%
Employee Cost %	11%	11%	12%	13%	13%	11%	11%	12%	13%	13%
Other Cost %	23%	18%	16%	17%	13%	11%	12%	14%	13%	13%
Raw Materials %	44%	46%	52%	46%	48%	57%	58%	47%	47%	45%
Purchase of Finished Goods %	7%	5%	6%	5%	7%	7%	7%	6%	6%	6%
Stock Adjustments %	1%	-0%	1%	-0%	2%	2%	1%	-1%	1%	0%
Power & Fuel %	1%	1%	1%	1%	1%	1%	1%	1%	1%	1%
Other Manufacturing Expenses %	1%	2%	2%	2%	3%	3%	3%	3%	4%	4%
Selling & Administration %	12%	12%	12%	12%	11%	9%	10%	12%	12%	12%
Miscellaneous Expenses %	4%	3%	4%	4%	3%	2%	2%	3%	2%	2%
Operating Profit	1,260	1,341	1,350	1,521	1,677	1,847	1,984	2,632	2,984	3,503
OPM %	21%	22%	19%	21%	23%	19%	17%	21%	23%	24%
+ Other Income	118	153	150	152	83	48	56	140	247	266
Miscellaneous Income	118	153	150	152	83	48	58	141	247	266
Interest	14	16	26	34	37	42	48	51	50	54
Depreciation	115	120	133	170	201	240	270	341	358	395
Profit before tax	1,248	1,359	1,342	1,470	1,522	1,614	1,723	2,379	2,823	3,320
+ Tax %	31%	29%	31%	24%	26%	25%	25%	27%	26%	26%
Current Tax	375	374	407	384	400	408	438	639	713	846
Deferred Tax	10	19	7	-36	-4	-1	-4	-7	14	3
+ Net Profit	863	966	928	1,122	1,126	1,207	1,289	1,747	2,096	2,471
Profit Growth %		12%	-4%	21%	0%	7%	7%	36%	20%	18%
Extraordinary Income / Expense	0	0	-17	-55	-4	0	0	-72	-25	-14
Exceptional Item	0	0	-17	-55	-4	0	0	-72	-25	-14
Minority Interest (After Tax)	-3	-4	-3	-6	5	1	-16	-18	-20	-22
Net Profit After Minority Interest	860	962	925	1,116	1,131	1,208	1,273	1,729	2,076	2,449
EPS in Rs	16.84	19.03	18.28	22.08	22.16	23.74	25.36	34.36	41.21	24.28

Balance Sheet (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	51	51	51	51	51	51	51	51	51	102
Reserves	3,420	3,523	4,097	4,405	5,542	6,353	7,161	8,356	9,704	10,730
+ Borrowings	98	125	113	288	331	416	391	382	454	417
Secured Borrowings	17	64	61	116	119	135	115	106	124	92
Unsecured Borrowings	81	60	52	172	212	281	276	276	330	326
+ Other Liabilities	1,202	1,500	1,643	1,779	2,890	2,675	2,902	3,286	3,775	4,149
Current Liabilities	1,021	1,201	1,317	1,518	2,650	2,405	2,594	3,001	3,461	3,800
Provisions	31	27	31	30	50	56	79	224	280	292
Minority Interest	127	175	207	216	240	199	234	210	203	216
Other liability items	57	129	130	59	72	92	95	103	138	167
Total Liabilities	4,770	5,199	5,904	6,523	8,814	9,494	10,505	12,076	13,984	15,399
+ Fixed Assets	1,275	1,342	1,448	1,807	4,418	4,703	4,914	5,451	5,705	5,774
Gross Block	2,167	2,340	2,537	3,057	5,834	6,301	6,738	7,427	7,958	8,373
Accumulated Depreciation	891	998	1,089	1,250	1,416	1,597	1,824	1,977	2,253	2,599
CWIP	148	228	242	259	294	225	406	148	129	329
Investments	1,443	1,246	1,548	1,186	516	459	881	2,235	3,551	4,350
+ Other Assets	1,904	2,383	2,666	3,270	3,586	4,107	4,304	4,242	4,598	4,947
Inventories	721	804	934	929	1,234	1,695	1,817	1,415	1,685	1,738
Trade receivables	769	938	1,056	1,089	1,321	1,431	1,535	1,675	1,811	2,181
Cash Equivalents	100	164	190	703	451	355	327	533	336	299
Loans n Advances	159	294	260	333	404	383	371	372	495	428
Other asset items	156	183	225	216	176	244	254	247	270	301
Total Assets	4,770	5,199	5,904	6,523	8,814	9,494	10,505	12,076	13,984	15,399

Cash Flow (consolidated, figures in Rs Cr.)

	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
+ Cash from Operating Activity	794	796	845	1,280	1,392	955	1,558	2,724	2,287	2,828
Profit from Operations	1,307	1,401	1,433	1,616	1,736	1,928	2,048	2,798	3,220	3,742
Working Capital Changes	-140	-177	-179	57	27	-510	-79	574	-201	-51
Profit Before Tax & Extraordinary Items	1,248	1,359	1,342	1,470	1,522	1,614	1,723	2,379	2,823	3,320
Depreciation	115	120	133	170	201	240	270	341	358	395
Interest (Net)	8	8	5	21	20	38	40	39	35	36
Dividend Received	-6	-14	-8	-9	1	2	6	0	0	0
Profit / Loss on Sale of Assets	2	-7	2	-3	6	9	-1	5	1	5
Provisions & Write-offs (Net)	8	27	16	4	19	35	10	98	106	70
Profit / Loss in Forex	6	0	6	7	-9	-14	11	-58	0	2
Receivables	-71	-148	-127	-38	-176	-123	-84	-144	-156	-368
Inventories	-82	-64	-136	0	-279	-460	-143	389	-278	-61
Trade Payables	15	130	31	42	355	76	32	103	239	131
Loans & Advances	0	4	3	-6	0	-1	-11	-9	-9	0
Direct Taxes Paid	-373	-428	-409	-393	-371	-462	-412	-648	-733	-862
+ Cash from Investing Activity	-879	39	-513	103	-1,688	-558	-899	-1,769	-1,542	-1,224
Purchase of Fixed Assets	-133	-273	-263	-467	-354	-375	-505	-559	-452	-593
Sale of Fixed Assets	11	1	9	23	2	1	8	6	4	4
Purchase of Investments	-3,157	-2,169	-2,311	-1,439	-2,932	-101	-1,851	-2,708	-4,499	-6,386
Sale of Investments	2,496	2,458	2,079	1,910	3,639	170	1,448	1,421	3,419	5,831
Interest Received	6	7	9	12	17	5	5	12	15	18
Dividend Received	7	16	10	12	1	1	1	0	0	5
Acquisition of Companies	0	0	0	0	0	0	0	0	-13	-45
Others	-108	-1	-47	52	-2,061	-259	-4	-9	-16	-58
+ Cash from Financing Activity	41	-790	-361	-849	-76	-468	-656	-742	-918	-1,673
Proceeds from Issue of Shares	0	0	0	0	0	0	0	0	2	1
Proceeds from Other Long-Term Borrowings	0	4	1	22	0	0	0	0	0	0
Proceeds from Short-Term Borrowings	6	0	0	11	28	103	0	0	35	0
Repayment of Long-Term Borrowings	-1	0	0	0	-11	-18	-3	0	0	0
Repayment of Short-Term Borrowings	0	-4	-10	0	0	0	-78	-13	0	-18
Repayment of Financial Liabilities	0	0	0	-34	-34	-49	-36	-82	-80	-65
Dividend Paid	-32	-293	-363	-825	-1	-432	-508	-560	-813	-1,526
Interest Paid	-14	-16	-17	-25	-29	-33	-48	-37	-34	-54
Others	81	-481	29	3	-29	-39	16	-51	-27	-10
Net Cash Flow	-45	46	-29	533	-372	-71	2	212	-173	-68