Fundamentals scanner
Every ratio from the Fundamental Analysis track, computed on a real company and annotated with what the number actually means. Then the three financial statements, so you can do the cash-flow check yourself.
Pidilite Industries
Basic MaterialsBullish- Market cap
- ₹1,72,312 Cr
- P/E
- 65.4x
- ROE
- —
- Debt / equity
- 0.04
What the company does
Pidilite Industries Limited, together with its subsidiaries, engages in the consumer and industrial specialty chemicals business in India and internationally. It operates through the Consumer & Bazaar, and Business to Business segments. The Consumer & Bazaar segment offers adhesives, sealants, art and craft materials; and construction and paint chemicals for carpenters, painters, plumbers, mechanics, households, students, and offices. Its Business to Business segment provides industrial adhesives, synthetic resins, construction chemicals, organic pigments, pigment preparations, and surfactants for various industries, including packaging, joineries, textiles, paints, printing inks, paper, and leather. The company is also involved in the sale of raw materials. It sells its products under the Fevicol, Dr. Fixit, Fevikwik, M-Seal, Fevistick & Fevicol MR, Fevicryl, Haisha Paints, Fevigum, Rangeela, WD-40, MOTO MAX, Terminator, WUDFIN, steelgrip, Araldite, Roff, TENAX, UNITINT, fevitite, HOLDTITE LEAKGUARD, D-klog, Zorrik-88, Stainoff, BRITE-SUPER, Piditint, Fevibond, FALCOFIX, and BLUECOAT brand names. Pidilite Industries Limited was founded in 1959 and is based in Mumbai, India.
Valuation — what you are paying
How the price compares to earnings, assets and cash generation.
- P/E (trailing)65.4xWeak
You are paying 65.4 years of current profit for each share. The earnings yield is 1.5%.
- P/B (price to book)15.9xWeak
The market values the company at 15.9× its accounting net worth. High is normal for asset-light businesses and unusual for banks.
- EV / EBITDA45.7xWeak
This is the only common multiple that accounts for debt — it is what an actual acquirer would look at, because they would inherit the borrowings.
- Dividend yield0.68%Fair
Pays 0.68% of the current price out each year. Remember that yield rises when price falls — check the dividend is covered by cash flow.
Profitability — is this a good business?
Returns on capital and margins, the numerical shadow of a moat.
- Return on equity—No data
Not available.
- Return on assets—No data
Not available.
- Operating margin24.1%Strong
Keeps ₹24.1 of operating profit from every ₹100 of sales. Compare only against companies in the same industry.
- Net margin17.2%Strong
Sustained high net margins are evidence that something is stopping competitors from competing the profits away.
Financial strength — can it survive a bad year?
Leverage and liquidity. This is where fragility shows up first.
- Debt to equity0.04Strong
A conservative balance sheet that can absorb a downturn without a crisis.
- Current ratio—No data
Not available.
- Total debt₹417.21 CrNo data
Against cash of ₹4215.98 Cr. Net debt is what matters, not gross borrowings.
- Free cash flow—No data
Not available.
Growth — is it getting bigger?
Revenue and earnings momentum, and how the two compare.
- Revenue growth (yoy)+21.3%Strong
Ask where the growth came from: more volume, higher prices, or an acquisition. They are very different in quality.
- Earnings growth (yoy)+29.6%Strong
Profits are growing faster than sales — margins are expanding, which is the sign of genuine operating leverage.
- Revenue (TTM)₹15399.28 CrNo data
EBITDA of ₹3694.83 Cr and operating cash flow of —.
- PEG ratio—No data
Not available.
Financial statements
Reported figures, most recent year first. All values in rupees.
| FY2026 | FY2025 | FY2024 | FY2023 | |
|---|---|---|---|---|
| Revenue | ₹14600.83 Cr | ₹13140.31 Cr | ₹12382.99 Cr | ₹11799.10 Cr |
| Cost of revenue | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Gross profit | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating expenses | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Operating income | — | — | — | — |
| Interest expense | — | — | — | — |
| Pre-tax income | — | — | — | — |
| Tax | ₹0.00 | ₹0.00 | ₹0.00 | ₹0.00 |
| Net profit | ₹2448.92 Cr | ₹2076.24 Cr | ₹1729.38 Cr | ₹1273.25 Cr |