PIDILITE INDUSTRIE chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 195.21
Dividend & Yield8.50₹ (0.39%)
Beta 0.27
Market capitalization 1.13T
Operating cash flow 9.55B
ESG Scores unknown

Company description

Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. The company operates in two segments, Consumer & Bazaar, and Business to Business. It offers adhesives, sealants, art and craft materials, construction and paint chemicals, and others for use by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The company also provides industrial adhesives and resins, construction chemicals, organic pigments, pigment preparations, etc. for use in various industries, including packaging, joineries, textiles, paints, printing inks, paper, leather, etc. In addition, it offers specialty acetates, raw materials, etc.; and waterproofing services, as well as wood finishes. Further, the company manufactures and sells floor coatings. It sells its products primarily under the Fevicol, Fevicol MR, Dr. Fixit, Fevikwik, M-Seal, Fevistick, Fevicryl, Hobby Ideas, and other brands. Pidilite Industries Limited was founded in 1959 and is based in Mumbai, India.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio1
Working Capital0.71
Return On Equity0.19
Debt To Equity0
Fixed Asset Ratio0.23
Fixed Interest Cover38.21

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 307M 417M 3.55B 759.6M
Total Cashflows From Investing Activities -5.13B 1.03B -16.88B -5.58B
Net Borrowings -91.5M -12.2M -171.3M 359M
Total Cash From Financing Activities -3.61B -8.49B -762.4M -4.68B
Change To Operating Activities 527.8M 524M 1.27B -34.4M
Issuance Of Stock 100k 100k 100k 100k
Net Income 9.25B 11.16B 11.31B 12.08B
Change In Cash -289.2M 5.33B -3.72B -707.3M
Effect Of Exchange Rate
Total Cash From Operating Activities 8.45B 12.8B 13.92B 9.55B
Depreciation 1.21B 1.65B 1.96B 2.4B
Change To Account Receivables -1.27B -375.8M -1.76B -1.23B
Other Cashflows From Financing Activities -476M -226.4M -584.3M -720.2M
Change To Netincome -278.5M -633.3M 335.1M 185.7M
Capital Expenditures -2.63B -4.67B -3.54B -3.75B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 13.42B 14.7B 15.22B 16.14B
Net Income 9.25B 11.16B 11.31B 12.08B
Selling General Administrative 11.15B 12.32B 11.62B 11.12B
Gross Profit 34.52B 38.52B 38.81B 44.77B
Ebit 12.52B 14.1B 14.88B 16.08B
Operating Income 12.52B 14.1B 14.88B 16.08B
Interest Expense -260.7M -336M -372.3M -420.8M
Income Tax Expense 4.13B 3.48B 3.96B 4.07B
Total Revenue 70.78B 72.94B 72.93B 99.21B
Cost Of Revenue 36.26B 34.43B 34.11B 54.44B
Total Other Income ExpenseNet 898.4M 595.4M 344.3M 61M
Net Income From Continuing Ops 9.28B 11.22B 11.26B 12.07B
Net Income Applicable To Common Shares 9.25B 11.16B 11.31B 12.08B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 15.59B 18.64B 29.97B 29.13B
Total Stockholder Equity 41.48B 44.56B 55.93B 64.04B
Other Current Liabilities 2.44B 3.72B 6.14B 9.58B
Total Assets 59.15B 65.36B 88.3B 95.16B
Common Stock 508M 508.1M 508.2M 508.3M
Other Current Assets 1.54B 1.89B 2.19B 3.44B
Retained Earnings 40.61B 43.4B 54.7B
Treasury Stock 259.5M 416.6M 456.8M 63.53B
Cash 1.28B 6.92B 4.43B 3.55B
Total Current Liabilities 13.01B 16.15B 24.35B 23.25B
Other Stockholder Equity 259.5M 416.6M 456.8M 63.53B
Property, Plant, and Equipment 11.55B 15.48B 17.37B 19.83B
Total Current Assets 35.82B 37.61B 35.15B 40.16B
Net Tangible Assets 36.14B 39.38B 26.18B 34.58B
Net Receivables 11.43B 12.1B 14.23B 14.48B
Accounts Payable 5.81B 6.21B 10.07B 10.49B


Insider Transactions

Here are the insider transactions of stock shares related to PIDILITE INDUSTRIE:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Sanghavi (Panna Deepak)Sale at price 31.84 per share.D2022-03-29Promoter32.37k
Sanghavi (Panna Deepak)Sale at price 31.56 per share.D2022-03-28Promoter17.63k
Bhatia (Atul)Other at price 0.01 per share.D2022-03-14UNREPORTED605
Danait (Mayur)Other at price 0.01 per share.D2022-03-14UNREPORTED1.87k
Mazumdar (Nilesh)Other at price 0.01 per share.D2022-03-14UNREPORTED455
Mehra (Punit)Other at price 0.01 per share.D2022-03-14UNREPORTED1.2k
Puri (Bharat)Other at price 0.01 per share.D2022-03-14UNREPORTED117.5k
Ruchi India Trust.Sale at price 30.49 per share.D2022-03-14Promoter39k
Singh (Hardeep)Other at price 0.01 per share.D2022-03-14UNREPORTED590
Ubhayakar (Amol)Other at price 0.01 per share.D2022-03-14UNREPORTED390
Amersey (Ishita)Gift at price 0.00 per share.D2022-03-03Promoter3.6M
Parekh (Madhukar Balvantray)Gift at price 0.00 per share.D2022-03-03Promoter500k
Parekh (Mala Madhukar)Gift at price 0.00 per share.D2022-03-03Promoter3.1M
Mehra (Punit)Sale at price 32.37 per share.D2022-02-16UNREPORTED500
Chaudhary (Pravin)Other at price 0.01 per share.D2022-01-13UNREPORTED2.5k
Dalal (Salil)Other at price 0.01 per share.D2022-01-13UNREPORTED380
Saxena (Anubhav)Other at price 0.01 per share.D2022-01-13UNREPORTED2.46k
Ruchi India Trust.Sale at price 31.95 per share.D2021-12-27Institution- Corporation33k
Vakil (Harshada Harvadan)Gift at price 0.00 per share.D2021-12-27Promoter7.5k
Modi (Manish H)Gift at price 0.00 per share.D2021-12-24Divisional Officer5k
Anand (Yogesh)Other at price 0.01 per share.D2021-12-16Promoter410
Balakrishnan (Rajesh)Other at price 0.01 per share.D2021-12-16Divisional Officer445
Bhanja (Shantanu)Other at price 0.01 per share.D2021-12-16Promoter555
Gadekar (Pradeep)Other at price 0.01 per share.D2021-12-16UNREPORTED295
Sharma (Vivek)Other at price 0.01 per share.D2021-12-16Officer485
Parekh (Rashmikant H)Gift at price 0.00 per share.D2021-09-29Promoter115k
Shah (Anuja Ankur)Gift at price 0.00 per share.D2021-09-29Promoter115k
Parekh (Mrudula S)Sale at price 32.10 per share.D2021-09-03Promoter31.15k
Parekh (Mrudula S)I2021-09-03Promoter
Parekh (Mrudula S)Sale at price 32.12 per share.D2021-09-02Promoter168.85k
Parekh (Neerav)Sale at price 32.25 per share.D2021-09-02Promoter12.8k
Parekh (Maithili)Sale at price 31.44 per share.D2021-09-01Promoter400k
Parekh (Neerav)Sale at price 31.84 per share.D2021-09-01Promoter6.52k
Parekh (Maithili)Sale at price 31.08 per share.D2021-08-31Promoter255k
Parekh (Maithili)Sale at price 31.11 per share.D2021-08-31Promoter355k
Parekh (Mrudula S)Sale at price 31.26 per share.D2021-08-31Promoter200k
Pidichem Pvt. Ltd.Acquisition at price 31.26 per share.D2021-08-31Promoter200k
Parekh (Neerav)Sale at price 30.81 per share.D2021-08-23UNREPORTED5.21k
Ishijas Chemicals Pvt LtdAcquisition at price 30.15 per share.D2021-08-18Promoter100k
Parekh (Neerav)Sale at price 30.13 per share.D2021-08-18UNREPORTED100k
Parekh (Mrudula S)Other at price 0.00 per share.D2021-07-27Promoter2.02M
Ruchi India Trust.Other at price 0.00 per share.D2021-07-27Institution- Corporation2.02M
Parekh (Mrudula S)Other at price 0.00 per share.D2021-06-23Promoter41.4M
jain (Prabhakar)Sale at price 29.16 per share.D2021-05-27UNREPORTED1k
Modi (Bharti H)Sale at price 27.70 per share.D2021-05-24UNREPORTED2k
Parekh (Harish Himatlal)Sale at price 27.38 per share.D2021-05-24Promoter32.5k
Parekh (Malay Rashmikant)Sale at price 27.51 per share.D2021-05-24Promoter30k
Parekh (Parul H)Sale at price 27.57 per share.D2021-05-24Promoter25k
Parekh (Rashmikant H)Sale at price 27.49 per share.D2021-05-24Promoter43.09k
Parekh (Rashmikant H)Sale at price 27.32 per share.D2021-05-21Promoter26.91k
Sanghavi (Panna Deepak)Sale at price 27.29 per share.D2021-05-21Promoter27.5k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to PIDILITE INDUSTRIE. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on PIDILITE INDUSTRIE

Here is the result of two systematic investment strategies applied to PIDILITE INDUSTRIE. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on PIDILITE INDUSTRIE

The following chart shows the equity curve of the two systematic investment strategies applied to PIDILITE INDUSTRIE:

PIDILITE INDUSTRIE automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 31.29% on the backtest period.

Performance at glance

Performance

31.29 %

Latent gain

5098.7 ₹

Invested capital

16295.8 ₹

Annualized return

7.45 %
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Momentum strategy results on PIDILITE INDUSTRIE

This is the result of two momentum investment strategies applied to PIDILITE INDUSTRIE. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on PIDILITE INDUSTRIE

The following chart shows all the entries opened by the momentum investment system on PIDILITE INDUSTRIE:

PIDILITE INDUSTRIE momentum entries
  • The first momentum investment strategy would give 75.07% of return on PIDILITE INDUSTRIE. That represents 7339.3₹ of latent gain with 9776.3₹ of employed capital.
  • The second momentum investment strategy would give 83.82% of return on PIDILITE INDUSTRIE. That represents 7804.7₹ of latent gain with 9310.9₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

75.07 %

Latent gain

7339.3 ₹

Invested capital

9776.3 ₹

Annualized return

2.29 %
Performance at glance (2Q Momentum)

Performance

83.82 %

Latent gain

7804.7 ₹

Invested capital

9310.9 ₹

Annualized return

22.53 %

Momentum equity curve on PIDILITE INDUSTRIE

The following chart shows the equity curve of the two momentum strategies applied to PIDILITE INDUSTRIE:

PIDILITE INDUSTRIE momentum equity

Note: the dividends potentially given by PIDILITE INDUSTRIE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PIDILITE INDUSTRIE

The following chart shows the employed capital evolution of the two momentum strategies on PIDILITE INDUSTRIE since the beginning:

PIDILITE INDUSTRIE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on PIDILITE INDUSTRIE

Buy the dip entry openings on PIDILITE INDUSTRIE

PIDILITE INDUSTRIE

The performance achieved by the robo-advisor on PIDILITE INDUSTRIE is 5.03%. That represents 307.35$ of latent gain with 6111.0₹ of employed capital. The following chart shows PIDILITE INDUSTRIE stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of PIDILITE INDUSTRIE, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

5.03 %

Latent gain

307.35 ₹

Invested capital

6111.0 ₹

Annualized return

2.29 %

Equity curve of the strategy applied to PIDILITE INDUSTRIE

The following chart shows the result of the investment strategy applied to PIDILITE INDUSTRIE:

PIDILITE INDUSTRIE

Note: the dividends potentially given by PIDILITE INDUSTRIE are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on PIDILITE INDUSTRIE

The following chart shows the employed capital evolution since the beginning of the investment strategy on PIDILITE INDUSTRIE:

PIDILITE INDUSTRIE

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on PIDILITE INDUSTRIE

In this section, I will compare the three previous investment strategies applied to PIDILITE INDUSTRIE.

Equity curve comparison on PIDILITE INDUSTRIE

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

PIDILITE INDUSTRIE investment strategy comparison

Employed capital comparison on PIDILITE INDUSTRIE

PIDILITE INDUSTRIE investment comparison

Performance comparison on PIDILITE INDUSTRIE

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 31.29% 5098.7₹ 16295.8₹ 7.45%
Momentum 1 quarter 75.07% 7339.3₹ 9776.3₹ 18.96%
Momentum 2 quarters 83.82% 7804.7₹ 9310.9₹ 22.53%
Non-directional 5.03% 307.35₹ 6111.0₹ 2.29%
Annualized return comparison

Automatic investment

7.45 %

Momentum 1Q

22.53 %

Momentum 2Q

22.53 %

Non-directional

2.29 %

Correlated stocks

Here are the most positively and negatively correlated stocks with PIDILITE INDUSTRIE:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between PIDILITE INDUSTRIE and the other stocks. There may be false positives or some missing correlated stocks. If the price of PIDILITE INDUSTRIE does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name PIDILITE INDUSTRIE
Country India
City Mumbai
Address Ramkrishna Mandir Road
Phone 91 22 2835 7000
Website www.pidilite.com
FullTime employees
Industry Specialty Chemicals
Sector Basic Materials
Exchange XNSE
Ticker PIDILITIND.XNSE
Market

PIDILITE INDUSTRIE ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown