Pidilite Industries Ltd
NSE:PIDILITIND

Watchlist Manager
Pidilite Industries Ltd Logo
Pidilite Industries Ltd
NSE:PIDILITIND
Watchlist
Price: 2 914.4 INR -0.7% Market Closed
Market Cap: 1.5T INR
Have any thoughts about
Pidilite Industries Ltd?
Write Note

Gross Margin
Pidilite Industries Ltd

53.6%
Current
47%
Average
23.7%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
53.6%
=
Gross Profit
67.9B
/
Revenue
126.6B

Gross Margin Across Competitors

Country IN
Market Cap 1.5T INR
Gross Margin
54%
Country ZA
Market Cap 51.9B Zac
Gross Margin
50%
Country DE
Market Cap 38.1B EUR
Gross Margin
25%
Country CN
Market Cap 119.4B CNY
Gross Margin
31%
Country ZA
Market Cap 12.2B Zac
Gross Margin
23%
Country IN
Market Cap 671.2B INR
Gross Margin
38%
Country JP
Market Cap 1.1T JPY
Gross Margin
27%
Country JP
Market Cap 6.5B EUR
Gross Margin
27%
Country FR
Market Cap 5.3B EUR
Gross Margin
20%
Country JP
Market Cap 4.4B EUR
Gross Margin
23%
Country JP
Market Cap 731.9B JPY
Gross Margin
23%
No Stocks Found

Pidilite Industries Ltd
Glance View

Market Cap
1.5T INR
Industry
Chemicals
Economic Moat
Narrow

Pidilite Industries Ltd., a name synonymous with adhesives in India, has woven its narrative into the everyday lives of millions, yet its beginnings were grounded in humble ambitions. Founded in 1959 by Balvant Parekh, the company's flagship product, Fevicol, became a catalyst for its emergence as a household brand. Fevicol’s formula was simple yet transformative, catering to the mass carpentry sector and altering the way furniture was assembled. As the Indian middle class burgeoned, so did their desire for durable, reliable products, and Pidilite adeptly captured this burgeoning market. Its portfolio steadily expanded, and soon, products like M-Seal became staples in repair kits across diverse households. The driving force behind Pidilite’s evolution was a keen understanding of local consumer needs coupled with relentless innovation, a strategy that ensured its products remained ubiquitous and unrivaled. Beyond just being an adhesive manufacturer, Pidilite strategically diversified by tapping into adjacent segments such as construction, décor, and art supplies. This diversification was not just a deviation, but a calculated expansion into synergistic territories. The brand’s focus shifted to bind the builders of India's heritage using Dr. Fixit waterproofing solutions as well as fueling creativity through its Pidilite-branded art materials for schools. Financially, Pidilite thrived by enhancing its distribution channels and investing heavily in brand-building, resulting in a robust network that penetrated even the rural sectors, thereby ensuring its consistent revenue streams. The company’s success story is marked by an entrepreneurial spirit that adheres to its adhesive roots, while its diversified product lines continually enrich its market presence, crafting stability in an otherwise volatile market.

PIDILITIND Intrinsic Value
1 103.95 INR
Overvaluation 62%
Intrinsic Value
Price

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
53.6%
=
Gross Profit
67.9B
/
Revenue
126.6B
What is the Gross Margin of Pidilite Industries Ltd?

Based on Pidilite Industries Ltd's most recent financial statements, the company has Gross Margin of 53.6%.