Pidilite Share Price Target – An Indian company called Pidilite manufactures sealants, adhesives, pigments, and other chemicals for both consumer and industrial usage. However, our job as investors is to use in-depth research to forecast the stock price for the following years: 2024, 2025, 2026, 2028, 2030, and 2035.
About the Company- Pidilite
Pidilite is available in many different nations of the world, including India. Mumbai, India serves as the company’s headquarters. It was founded in 1959. The business invests a significant amount of money in R&D and innovation to create new items and enhance current ones.
This aids in satisfying client wants and being one step ahead of the competition. Its product line is excellent and much sought after in the marketplace. Nevertheless, the following is a summary of its stock details:
Overview of Pidilite Share Price
- MARKET CAP – ₹ 1,55,527.65 Cr.
- NO. OF SHARES – 50.86 Cr.
- Current Price – 3074.95
- P/E – 82.57
- P/B– 17.52
- FACE VALUE – ₹ 1
- DIV. YIELD – 0.52 %
- BOOK VALUE (TTM) – ₹ 174.58
- EPS (TTM) – ₹ 37.03
- ROE – 23.38 %
- ROCE – 31.51%
Pidilite Share Price Target 2024 To 2030
Using a machine learning technique, where the predicted data is trained on historical performance, we will be able to predict the price of PIDILITIND through 2030. Recognized as a major player in the Indian share market, Pidilite Industries Limited has demonstrated a number of trends over the years.
| Year | Share Price Target |
| 2024 | ₹3475 |
| 2025 | ₹4283 |
| 2026 | ₹4596 |
| 2027 | ₹5424 |
| 2028 | ₹6512 |
| 2029 | ₹7649 |
| 2030 | ₹8797 |
How to Purchase For Pidilite Share
In addition to using Zerodha, Upstox, Groww, and Angel One, you can purchase Pidilite shares through a number of buying and selling platforms.
Peer Companies For Pidilite Share
Pidilite Industries Limited is an Indian enterprise that specializes in producing and distributing an extensive array of consumer and industrial goods. Balvant Parekh established the company in 1959, and its main office is in Mumbai, Maharashtra, India. Pidilite faces competition from a number of notable companies at the sealents production facility, including:
- Solar Industries
- SRF
- Deepak Nitrite
- Gujarat Flurochemic
- Godrej Industries
Investor Types and Ratios For Pidilite Share
- Promoters: 69.54%
- Foreign Institutions: 10.08%
- Domestic Institutions: 4.31%
- Mutual Funds: 4.06%
- Others: 12.01%
Advantages of Pidilite Share
- Over the last three years, the company has demonstrated a respectable 18.50% profit increase.
- Over the last three years, the company’s revenue has grown at a respectable rate of 21.56%.
- Over the last three years, the company has consistently maintained a respectable ROE of 20.76%.
- The business has been keeping up a healthy
Disadvantages of Pidilite Share
- With a high PE of 82.57, the company is trading.
- A high EV/EBITDA ratio of 54.67 is being traded for the company.
It is important to remember that, while these price estimates are based on technical analysis, other market factors and news could have an impact on the stock’s performance. As a result, these hypothetical aims should serve as guides rather than financial advice. Always conduct your own due diligence prior to deciding any investment.
