Pidilite Industries
- Market cap
- ₹ 1,54,107 Cr.
- P/E
- 57.2x
- P/B
- 13.92x
- 52-week range
- 1,259 – 1,707.5
- ROE
- 24%
- ROCE
- 31%
- Dividend yield
- 0.8%
- Debt / equity
- 0.04
- Sector
- Chemicals & Petrochemicals
- Industry
- Specialty Chemicals
- Listed on
- NSE, BSE
About
Pidilite Industries Limited is an India-based manufacturer of consumer and industrial specialty chemicals. The Company's segments include Consumer and Bazaar (C&B), Business to Business (B2B), and Others. The C&B segment covers the sale of products mainly to end consumers, which are retail users such as carpenters, painters, plumbers, mechanics, households, students and offices, among others. The Company's products include adhesives, sealants, art & craft materials and others, construction, and paint chemicals. The B2B segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects) and surfactants, among others. It caters to various industries, such as packaging, textiles, joineries, printing inks, paper and leather, among others.
Quick check
The five things to look at first. Open one for more.
Compared with its industry
Specialty Chemicals: 130 companies →Pidilite Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.
- Valuation (P/E)57.2 against a typical 26.3: pricier than most peers (1st = cheapest).101st of 129
- Sales growth+21.3% against a typical +25.9% from a year earlier.66th of 112
- Profit growth+30.4% against a typical +42.4% from a year earlier.64th of 102
- Share price, 3 months−11% against a typical −6.1%.80th of 118
- Size₹ 1,54,107 Cr. market value against a typical ₹ 359.6 Cr. (1st = largest).1st of 126
Latest announcements
Exchange filings and their impact on the company.
- Pidilite names Amit Agarwal as CFO-Designate effective 9 October 2026.
Pidilite Industries has appointed Mr. Amit Agarwal as Chief Financial Officer-Designate and Senior Management Personnel with effect from 9 October 2026, approved by the Board via circular resolution. He has over 22 years of experience in finance, accounting, reporting, audit and controls with Pfizer, Hindustan Unilever and Vedanta Resources, and is a Chartered Accountant, Cost Accountant and Company Secretary. The appointment ensures continuity in finance leadership with no immediate financial impact disclosed.
Credit ratings
Every rating action on file, newest first, including reaffirmations. Open a row for the agency's reasoning. All credit rating updates
Highest safety
Rated AAA by CRISIL- No warnings from the agency.
| Agency | Current rating | Outlook | As of |
|---|---|---|---|
| CRISIL | Crisil AAA | Stable | 2 Sep 2026 |
| Rating | Details | |||||
|---|---|---|---|---|---|---|
| 2 Sep 2026 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 617 Cr. | |
| 2 Aug 2025 | Reaffirmed | Crisil AAA | — | CRISIL | ₹ 617 Cr. |
Board meetings
Results dates and other board meetings. Full calendar
| Details | ||
|---|---|---|
| 28 Oct 2026Upcoming | Financial Results | To consider and approve the unaudited financial results for the second quarter ended September 30, 2026 |
| 4 Aug 2026 | Financial Results | Intimation of date of Board meeting for consideration ofunaudited financial results for the first quarter ended 30.06.2026 |
| 7 May 2026 | Financial Results/Dividend | 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. |
| 3 Feb 2026 | Financial Results | To consider and approve the financial results for the third quarter ended December 31, 2025 |
| 30 Oct 2025 | Financial Results | To consider and approve the financial results for the period ended September 30, 2025 |
| 6 Aug 2025 | Financial Results | To consider and approve the financial results for the period ended Jun 30, 2025 |
| 8 May 2025 | Financial Results | Intimation of date of Board meeting for consideration ofaudited financial results for the year ended 31.03.2025 |
Financials
Consolidated figures in ₹ crore.
| ₹ Cr. | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3,076 | 3,130 | 2,902 | 3,395 | 3,235 | 3,369 | 3,141 | 3,753 | 3,554 | 3,710 | 3,583 | 4,552 |
| Expenses | 2,398 | 2,388 | 2,327 | 2,583 | 2,467 | 2,571 | 2,509 | 2,812 | 2,704 | 2,816 | 2,753 | 3,358 |
| Operating Profit | 678 | 742 | 575 | 812 | 768 | 798 | 632 | 941 | 850 | 894 | 831 | 1,194 |
| OPM % | 22% | 24% | 20% | 24% | 24% | 24% | 20% | 25% | 24% | 24% | 23% | 26% |
| Other Income | 32 | 37 | −23 | 54 | 57 | 56 | 55 | 86 | 50 | 60 | 57 | 109 |
| Interest | 13 | 13 | 13 | 12 | 12 | 12 | 14 | 14 | 13 | 13 | 14 | 13 |
| Depreciation | 75 | 79 | 113 | 84 | 88 | 90 | 97 | 97 | 100 | 101 | 97 | 97 |
| Profit before tax | 622 | 687 | 426 | 770 | 725 | 752 | 576 | 916 | 787 | 840 | 777 | 1,192 |
| Tax % | 26% | 26% | 29% | 26% | 25% | 26% | 26% | 26% | 26% | 26% | 25% | 26% |
| Net Profit | 459 | 511 | 304 | 571 | 540 | 557 | 428 | 678 | 585 | 624 | 584 | 884 |
| EPS in Rs | 4.43 | 5.02 | 2.96 | 5.57 | 5.26 | 5.43 | 4.15 | 6.61 | 5.69 | 6.07 | 5.69 | 8.57 |
Growth and returns
Compounded yearly rates over each period.
- 10 Years
- 11%
- 5 Years
- 15%
- 3 Years
- 7%
- TTM
- 14%
- 10 Years
- 12%
- 5 Years
- 17%
- 3 Years
- 25%
- TTM
- 20%
- 10 Years
- 17%
- 5 Years
- 8%
- 3 Years
- 10%
- TTM
- —
- 10 Years
- 23%
- 5 Years
- 22%
- 3 Years
- 23%
- TTM
- —
P/E and EPS over time
Daily P/E and trailing 12-month EPS. EPS updates with each result.
Peers
Listed companies in the same business.
| Pidilite Industries | ₹ 1,389.60 | ₹ 1,54,107 Cr. | 57.2x | 13.9x | 24% | — |
| Asian Paints | ₹ 2,305.00 | ₹ 2,21,095 Cr. | 58.1x | 12.1x | 21.2% | 12.4% |
| Solar Industries India | ₹ 18,320.00 | ₹ 1,65,778 Cr. | 99.6x | 26.6x | 31.4% | 17.7% |
| SRF | ₹ 2,309.00 | ₹ 68,444 Cr. | 44.6x | 6.1x | 13.8% | 11.6% |
| Linde India | ₹ 5,697.00 | ₹ 48,586 Cr. | 110.5x | 14.2x | 13.6% | 21.7% |
| Coromandel International | ₹ 1,723.60 | ₹ 50,876 Cr. | 29.6x | 4.8x | 16.6% | 6% |
Management
- Madhukar Balvantray Parekh
- Executive Chairman of the Board
- Apurva Narendraku Parekh
- Executive Vice Chairman of the Board
- Sandeep Batra
- Executive Director-Finance & Chief Financial Officer
- Ami Parikh
- President Legal
- Manisha Rakesh Shetty
- Compliance Officer, Company Secretary
- Kavinder Singh
- Joint Managing Director, Executive Director
- Sudhanshu Vats
- Managing Director, Executive Director
- Rajesh Joshi
- Chief Business Officer New Businesses
Prices are delayed and for information only. Nothing on this page is investment advice.