When it comes to chemicals for both the intended consumer and the chemical industry, Pidilite is a brand of India that knows how it is done. The existing firm was founded in 1959 and operates from Mumbai in India. Over the years, this company has grown as well as learnt how to meet it’s customers needs as shown by Pidilite.
What is Pidilite Industries Limited (PIDILITIND) ?
The company of Pidilite Industries Ltd. is the bidentate scales of India, which offering a wide range of products like construction chemicals, craft materials, tool kits for DIY, adhesives & sealants etc. These products are targeting both the private consumers and the business market. Some of the famous brands in the current market include Fevikwik, Roff, Dr Fixit, and Fevicryl Motomax and M Seal. There is much confidence in the company and the company is well capitalized in the market.
In the one day chart, it can be observed that the price of the stock has been increasing and this looks like it is decelerating. The current price is above ₹3218 has been significant and has been critical as long as it does not fall below the ₹3218 the stock would most possibly continue this path and in their case some growth is expected. However, the outlook for the day is bearish especially with regard to the fact that today the strength of the uptrend is weak at best. It can go either way; One should look at the stock for the forenoon session before coming to any decision about it. In this regard, dissecting the price analysis, it is realised that the price for tomorrow may likely be between 3330 INR.
The many products in the market provided by the firm include Fevistik, Fevicol and Fevikwik, making the firm to have a competitive advantage in the market. Such immensely commercialized products have also aided the company in beautifying its market as customers have integrated well trusted brands. Thus, the sales of the company have been increasing every year thanks to such a position and its management wants such growth to remain the same. Therefore it has been assigned a price target in view of ₹3500 for the year 2024.
Based on our analysis, the share price in 2024 is expected to range between ₹2470 and ₹3500.
Here’s a unique version of the table:
Year
Lowest Price (Rs)
Highest Price (Rs)
2024
2470
3500
Month
Lowest Price (Rs)
Highest Price (Rs)
January
2470
2800
February
2490
2750
March
2670
3022
April
2790
3070
May
2760
3102
June
2890
3214
July
3040
3230
August
3000
3270
September
3125
3150
October
3210
3280
November
3256
3311
December
3350
3500
Pidilite Share Price Target 2025
It is required to mention that the organization has continued its efforts to expand its product offering, thanks to its dominant market position. New and proven deliveries are systematically done by it, to ensure that none of the product offerings fail just because one or more product is not popular. Senior leadership in organizations is market-focused, that is, it has a definite aim to solve the issues of customers so is able to develop ones that get more attention and attraction in the market. In nutshell, therefore the target share price for total year coming year, that is the year 2025 is to be confined to ₹4305 only.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2025
3500
4305
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
3500
3611
February
3580
3655
March
3607
3698
April
3660
3720
May
3713
3834
June
3754
3850
July
3706
3891
August
3812
4046
September
3850
4148
October
3911
4230
November
4037
4254
December
4137
4305
Share Price Target 2030
The distribution network that the company has is enabling the company to expand the assortment of products gradually. Although the company wants to diversify this category, its strategy is to increase the number of distributors in order to also increase the outlet to both small and the large markets. It is also involving the product line extension so as to attract larger volume of customers. Based on these projection, we can safely conclude that our share price target for the year 2030 is expected to be ₹9021.
Based on our analysis, the share price in share price target will be between ₹7710 to ₹9021 in 2030
Year
Minimum Price (Rs)
Maximum Price (Rs)
2030
7710
9021
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
7710
7803
February
7764
7867
March
7812
7923
April
7900
7955
May
7893
7960
June
7949
8025
July
8011
8135
August
8234
8397
September
8346
8543
October
8416
8645
November
8546
8712
December
8711
9021
Share Price Target 2040
The company is wisely trying to extend its operations on the long term. A very big portion of its finance is used to fund its research and development in order to always come up with new products. This keeps the company a notch up in competition with other industries or competitors within the same industry. In future this company aims to offer extra additional and better products than the current position that is why identification of this firm will be highly facilitated. The share price is long term expected s which will be around ₹16,142 around 2040.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2040
13170
16142
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
13170
13560
February
13345
13670
March
13557
13861
April
13657
13970
May
13875
14354
June
14324
14523
July
14527
14740
August
14721
14990
September
15345
15580
October
15811
15920
November
15754
15956
December
15900
16142
Share Price Target 2050
Many of the resources the company has in International marketing are being well utilized. The management recognizes that, it is essential to build brand awareness for its products in many countries. At the moment, they are using the concept of mergers and acquisitions with other subsidiary companies so as to expand to such markets. As of now, the company supplies products in Brazil, Thailand, Egypt, Bangladesh and the USA. As per the current earnings model, it is expected that the share price target in the financial year 2050 may reach up to ₹29,340.
Year
Minimum Price (Rs)
Maximum Price (Rs)
2050
27560
29340
Month
Minimum Price (Rs)
Maximum Price (Rs)
January
27560
27723
February
27613
27861
March
27812
27923
April
27912
28240
May
28100
28426
June
28378
28576
July
28512
28874
August
28430
28820
September
28561
28913
October
28823
29030
November
29140
29245
December
29270
29340
Pidilite Share Price forecast
Year
Minimum Price (Rs)
Maximum Price (Rs)
2024
2470
3500
2025
3500
4305
2030
7710
9021
2040
13170
16142
2050
27560
29340
Pidilite Industries Ltd Earning Results
Mcap Full (Cr.)
1,66,377.65
Turnover (Cr.)
3.38
TTQ (Lakh)
0.10
EPS (TTM)
37.03
CEPS (TTM)
42.93
ROE
22.59
Face Value
1.00
NPM %
17.53
OPM %
26.16
Cash EPS
12.27
EPS
10.84
Revenue
3,145.84
Net Profit
551.57
Key Metrics
TTM PE Ratio
PB Ratio
Dividend Yield
Sector PE
Sector PB
Sector Div Yld
90.61
19.22
0.49%
32.89
3.73
1.14%
Peers & Comparison
Stock
PE Ratio
PB Ratio
Dividend Yield
Pidilite Industries Ltd
95.78
19.22
0.49%
SRF Ltd
54.41
6.33
0.29%
PI Industries Ltd
41.69
8.03
0.33%
Godrej Industries Ltd
688.55
2.73
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Conclusion
In this article, it is our privilege to familiarize ourselves with Pidilite a company that falls under this industry.It needs to be added that the company has quite a sound distribution system in place, and many of its products can be bought by the consumers across the national and international borders.We’ve also presented its forecasted stock price for the subsequent calendar years of operations.In case this is a stock of interest, do not miss the entire article overview provided herein.
