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    Pidilite Industries Limited

    Maker of Fevicol adhesives, sealants, construction and art-and-craft chemicals across India and 80+ countries.

    Chemicals
    Commodities
    View PIDILITIND earnings calls
    ₹1,566.1
    +3.01% from avg

    Overview

    Price

    ₹1,566.1

    Market Cap

    ₹1.6L Cr

    Sector

    Chemicals

    Commodities

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital515151515151102102
    Reserves4.4k5.5k6.4k7.2k8.4k9.7k9.5k10.7k
    Borrowings288331416391382454443417
    Other Liabilities1.8k2.9k2.7k2.9k3.3k3.8k3.9k4.1k
    Total Liabilities6.5k8.8k9.5k10.5k12.1k14.0k13.9k15.4k
    AssetsFixed Assets1.8k4.4k4.7k4.9k5.5k5.7k5.8k5.8k
    CWIP259294225406148129155329
    Investments1.2k5164598812.2k3.6k3.3k4.3k
    Other Assets3.3k3.6k4.1k4.3k4.2k4.6k4.7k4.9k
    Total Assets6.5k8.8k9.5k10.5k12.1k14.0k13.9k15.4k

    Valuation

    Assumptions

    Current — PIDILITIND
    Price
    ₹1,566
    EPS (TTM)
    ₹24.06
    PE (TTM)
    65.1
    Profit growth
    24.2%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (161.3×) and current (65.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹1,566
    vs
    Fair value · 15% return
    ₹2,120
    35%Undervalued

    At 24.2% growth and a 65× exit, ₹1566 only delivers your return if you pay ₹2,120. The price is currently baking in 18% growth.

    EPS grows 24.2%/yr for 5 years, then fades to 6% over 2, exits at 65×.

    YearGrowthEPS (₹)
    FY2724.2%29.88
    FY2824.2%37.11
    FY2924.2%46.10
    FY3024.2%57.25
    FY3124.2%71.11
    FY3215.1% ·fade81.84
    FY336.0% ·fade86.75

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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