Pidilite Industries Limited is an Indian multinational company that is primarily engaged in the manufacture of adhesives, sealants, construction chemicals, and other industrial chemicals. The company was founded in 1959 by Balvant Parekh and has its headquarters in Mumbai, India.
Pidilite's most well-known brand is Fevicol, which is the largest selling adhesive in India and has become synonymous with adhesives in the country. The company's other popular brands include M-Seal, Fevikwik, Fevistik, and Dr. Fixit.
Apart from adhesives and sealants, Pidilite Industries also produces a wide range of industrial chemicals such as synthetic resins, organic pigments, and surfactants. The company's products are used in various industries such as construction, automotive, packaging, textiles, and woodworking, among others.
Pidilite Industries has a strong presence not only in India but also in other countries such as the United States, the United Kingdom, Brazil, Thailand, and the Middle East. The company is known for its innovative and high-quality products and has won several awards for its performance and sustainability initiatives.
Pidilite Industries fundamental data
- Market Capitalization: INR 1.2 trillion (approx. USD 16.5 billion)
- Revenue: INR 9,611 crore (approx. USD 1.3 billion)
- Net Profit: INR 1,549 crore (approx. USD 211 million)
- Earnings per share (EPS): INR 13.85
- Price to Earnings (P/E) Ratio: 73.18
- Return on Equity (ROE): 24.76%
- Debt to Equity Ratio: 0.17
- Dividend Yield: 0.28%
It's worth noting that these figures are subject to change depending on
the company's performance and the prevailing market conditions.
Buy or sell?
Pidilite Industries is a well-established company with a strong brand reputation, a diverse product portfolio, and a global presence. The company has a dominant market position in India and is expanding its international operations. Moreover, Pidilite has a track record of innovation and continuous product development, which is essential for staying competitive in the industry.
On the other hand, it's important to note that the company operates in a highly competitive market, and there are always risks associated with investing in the stock market. The price of Pidilite Industries' stock may fluctuate depending on various factors such as economic conditions, changes in government policies, currency fluctuations, and competition.
Therefore, before making any investment decision, it's important to consider your investment objectives, risk tolerance, and consult a financial advisor. You should also conduct thorough research on the company's financial performance, market trends, and other relevant factors before making any investment decision.
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