Pidilite Industries, a publicly traded Indian company, is primarily involved in the manufacturing/sale of sealants, adhesives, construction chemicals, art material, and other consumer as well as industrial chemicals. The flagship brand of this company is Fevicol. The company was founded in 1959 and its headquarters are in Mumbai, India. Pidilite Industries has witnessed success in scaling global markets.
The innovation strategies that the company may use that positively affects the stock price could be the following:
For more than two decades, CRISIL has been providing short-term ratings to commercial paper, which is a type of unsecured debt instrument that corporations issue with a short-term maturity. CRISIL Ratings has reaffirmed its ‘CRISIL AAA/Stable’ rating on the commercial paper of Pidilite Industries on 21 October 2022.
The long-term outlook for any company, including Pidilite Industries, is dependent on a variety of factors that may include the following:
Given the above, as on 24th April 2023 Pidilite Industries has delivered returns of +0.57% over 1 year, and returns of +63.99% over 3 years.
The net profit of Pidilite Industries was at Rs. 924.79 crores in March 2019, and the net profit in March 2022 was at Rs. 1194.88 crores.
As on 24th April 2023, the debt-to-equity ratio of Pidilite Industries is 0.10.
As on 24th April 2023, the EBITDA margin of Pidilite Industries is 0.19.