Pidilite Industries Monthly Analysis (March 2026)

Pidilite Industries

NSEI:PIDILITIND

Rp 1.285,00

Rp-29,90 (-2,27%)

1.285,00 Rp

Rp-29,90 (-2,27%)

End-of-day quote: 03/31/2026

Pidilite Industries Stock Value

Analysts currently see NSEI:PIDILITIND at the level of Outperform.

Outperform

Pidilite Industries Company Info

EPS Growth 5Y

12,51%

Market Cap

Rp1.338,26 B

Long-Term Debt

Rp0,02 B

Annual earnings

05/07/2026 (E)

Dividend

Rp10,02

Dividend Yield

0,78%

Founded

1959

Industry

Materials

Country

India

Website

Pidilite Industries

ISIN Number

INE318A01026

Website

http://www.pidilite.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Rp1.648,00

28.25%

Last Update: 03/31/2026

Analysts: 18

Highest Price Target Rp1.915,00

Average Price Target Rp1.648,00

Lowest Price Target Rp1.300,00

In the last five quarters, Pidilite Industries’s Price Target has risen from Rp2.733,27 to Rp2.839,05 - a 3,87% increase. Eighteen analysts predict that Pidilite Industries’s share price will increase in the coming year, reaching Rp1.648,00. This would represent an increase of 28,25%.

Top growth stocks in the materials sector (5Y.)

What does Pidilite Industries do?

Pidilite Industries Limited engages in the manufacture and sale of consumer and specialty chemicals. The company provides adhesives, sealants, paints, and other specialty chemicals. The company operates primarily in the consumer and professional segment, offering a range of products that cater to diverse market needs, including construction, automotive, electrical, and consumer goods. With a commitment to innovation and sustainability, the company has established itself as a trusted brand, both...

Pidilite Industries Limited engages in the manufacture and sale of consumer and specialty chemicals.

The company provides adhesives, sealants, paints, and other specialty chemicals. The company operates primarily in the consumer and professional segment, offering a range of products that cater to diverse market needs, including construction, automotive, electrical, and consumer goods. With a commitment to innovation and sustainability, the company has established itself as a trusted brand, both domestically and internationally.

Business Segments

The company operates through several key business segments that address various market demands and it includes Adhesive and Sealants, Construction Chemicals, Paints and Coatings, Art Materials, and Other Specialty Chemicals.

Adhesive and Sealants

This segment is the cornerstone of the company’s operations, offering a variety of adhesives for construction, automotive applications, woodworking, and consumer products. The company’s flagship brand, Fevicol, is synonymous with strong bonding and is widely recognized by consumers.

Construction Chemicals

This segment provides a wide range of construction chemicals, such as waterproofing solutions, flooring compounds, and repair materials. The company focuses on creating solutions tailored for different weather conditions and building types to enhance the longevity and performance of construction works.

Paints and Coatings

This segment engages in the production of decorative paints and industrial coatings. These products are developed with an emphasis on aesthetics, durability, and environmental safety, catering to both residential and commercial sectors.

Art Materials

This segment targets the creative market by offering a range of art materials, including watercolours, acrylics, and craft supplies. The company’s Sargent Art brand is well-regarded among artists and schools, promoting creativity and artistic expression.

Other Specialty Chemicals

This segment involves various specialty chemical products used in diverse industries, including personal care, textiles, and agriculture. The company continually invests in R&D to develop products that meet industry-specific needs while ensuring safety and compliance with environmental regulations.

Business Strategy

The company’s business strategy focuses on innovation, customer-centricity, and sustainability. The company is dedicated to expanding its product portfolio by investing significantly in research and development activities. This commitment allows the company to launch innovative products that address changing consumer preferences and market trends. Sustainable practices are at the forefront of the company’s operational strategy, ensuring that all offerings are compliant with environmental regulations and contribute positively to society.

Additionally, the company places a strong emphasis on brand building and marketing to bolster its market presence. By enhancing brand awareness and establishing robust distribution channels, the company to increase market share across various segments. Collaborations and partnerships with global leaders in technology and manufacturing are also part of the strategic framework of the company, enhancing its capabilities and product offerings.

Products and Services

The company’s extensive range of products and services is designed to meet various customer needs across multiple sectors. The company specializes in:

Adhesives: The company offers premium-grade adhesive solutions for home improvement, industrial applications, and specialty uses. These adhesives are designed to provide strong, reliable bonding across a variety of materials and applications.

Sealants: The company provides a variety of sealants designed for specific uses, such as construction, automotive, and woodworking. These sealants ensure effective sealing and bonding in diverse environments, enhancing the durability and performance of structures and products.

Paints: The company’s paints segment includes decorative and industrial paints that cater to a broad spectrum of consumer and commercial needs. These paints are recognized for their high quality, vibrant colors, and long-lasting durability.

Construction Products: The company offers a suite of products, including repair mortars, waterproofing compounds, and flooring systems, designed for the construction industry. These products are engineered to enhance performance, safety, and longevity in construction projects.

Art Material: The company produces high-quality materials for use in art education and professional artistry, offering a wide range of colors and mediums. These materials are trusted by artists, educators, and students alike for their consistency and superior quality.

Specialty Chemicals: The company provides specialty chemicals used in various applications, including personal care, home care, and agrochemicals. These products are formulated to meet specific industry needs while ensuring safety and regulatory compliance.

Geographical Markets

The company markets its products both domestically and internationally. The company has a significant presence in India, where it is recognized as a market leader in the adhesive and sealant segment. Beyond India, the company has made inroads into various global markets, including countries in North America, Latin America, and the Middle East.

Seasonality

The company’s business experiences some seasonality, particularly influenced by construction cycles and weather conditions. Demand for construction adhesives and related products typically peaks during the construction season, which varies across geographic regions. The company’s strategic planning and inventory management allow it to navigate these seasonal fluctuations effectively.

Customers

The company serves a diverse customer base that spans various demographic and industrial segments. Its primary categories include homeowners, construction professionals, artists, and industrial clients. The company has established robust relationships with numerous distributors and retailers, enabling it to reach a broad audience effectively. The company has a substantial customer base, with millions served across different regions and product categories.

Sales and Marketing

The company’s sales and marketing strategy incorporates multiple channels, including traditional retail, e-commerce platforms, and direct sales through an extensive distributor network. The company employs a mix of digital marketing, promotional campaigns, and direct engagement with customers to boost brand awareness. Through trade shows and industry events, the company engages with professionals to highlight innovation and product effectiveness, reinforcing customer relationships and brand loyalty.

History

Pidilite Industries Limited was founded in 1959. The company was incorporated in 1969.

Pidilite Industries Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Revenue distribution by sectors:** - **Adhesives and Sealants:** approx. 55% - **Plastics and Paints:** approx. 25% - **Construction Chemicals:** approx. 15% - **Other Products:** approx. 5% **TOP 3 markets and their percentage shares:** - **India:** approx. 70% - **Southeast Asia:** approx. 15%...

At which locations are the company’s products manufactured?

**Production Sites:** India, Thailand, Brazil, USA, Egypt, Dubai Pidilite Industries Limited mainly produces its products in India, where the majority of its production facilities are located. In addition, the company has international production sites in Thailand, Brazil, the USA, Egypt, and Dubai...

What strategy does Pidilite Industries pursue for future growth?

**Revenue Growth:** Estimated at 10-12% annually (based on historical data and market trends until 2023) **Market Share in India:** Over 70% in the adhesive segment (2023) Pidilite Industries Limited pursues a growth strategy based on several pillars. Firstly, the company focuses on innovation and...

Which raw materials are imported and from which countries?

**Main raw materials:** Vinyl acetate monomer (VAM), acrylic acid, ethylene, solvents **Main importing countries:** USA, China, Europe Pidilite Industries Limited imports a variety of raw materials essential for the production of their adhesives and construction chemicals. The key raw materials in...

How strong is the company’s competitive advantage?

**Market share in the adhesive industry:** Over 70% in India (2023) **EBITDA margin:** 23.5% (2023) Pidilite Industries Limited has a significant competitive advantage, especially in the Indian adhesive industry. With a market share of over 70%, the company dominates this sector and benefits from...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** Approximately 25% (2025, estimate based on historical data) **Insider Buys/Sells:** No significant transactions in the last year (2025, estimate) Pidilite Industries Limited has traditionally maintained a stable institutional investor share, typically ranging from...

What percentage market share does Pidilite Industries have?

**Market share of Pidilite Industries:** Approximately 70% in the adhesive market in India (estimated for 2025) **Top competitors and their market shares:** 1. **Pidilite Industries:** Approximately 70% 2. **Asian Paints:** Approximately 10% 3. **Berger Paints:** Approximately 5% 4. **Akzo Nobel:**...

Is Pidilite Industries stock currently a good investment?

**Revenue Growth:** 18% (2024) **Profit Growth:** 16% (2024) **Market Share in the Adhesive Segment in India:** 70% (2024) Pidilite Industries Limited recorded strong revenue growth of 18% in 2024, attributed to robust demand for its products and effective market penetration. The company has ma...

Does Pidilite Industries pay a dividend – and how reliable is the payout?

**Dividend per share:** INR 10.50 (2024) **Dividend yield:** 0.85% (2024) Pidilite Industries Limited has regularly paid dividends in recent years, indicating a reliable dividend policy. The dividend per share was INR 10.50 in 2024, resulting in a dividend yield of approximately 0.85%. The compan...

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Pidilite Industries Stock Value

Pidilite Industries Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Pidilite Industries do?

Pidilite Industries Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Pidilite Industries Stock Value

Pidilite Industries Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the materials sector (5Y.)

What does Pidilite Industries do?

Pidilite Industries Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.