Company Valuation: Pidilite Industries Limited

Data adjusted to current consolidation scope
Fiscal Period: March 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 1,247,492 1,196,063 1,533,305 1,449,285 1,307,830 1,490,045 - -
Change - -4.12% 28.2% -5.48% -9.76% 13.93% - -
Enterprise Value (EV) 1 1,246,814 1,194,594 1,529,465 1,418,845 1,269,814 1,438,848 1,424,042 1,410,471
Change - -4.19% 28.03% -7.23% -10.5% 13.31% -1.03% -0.95%
P/E 103x 94x 88.7x 70x 53.5x 52.2x 45.9x 40.4x
PBR 19.5x 16.6x 18.2x 14.9x 12.1x 12.2x 10.8x 9.73x
PEG - 17.44x 2.5x 3.5x 3x 3.1x 3.4x 2.9x
Capitalization / Revenue 12.6x 10.1x 12.4x 11x 8.96x 8.64x 7.82x 7.03x
EV / Revenue 12.6x 10.1x 12.4x 10.8x 8.7x 8.34x 7.48x 6.66x
EV / EBITDA 67.5x 60x 56.4x 47.1x 36.1x 35.5x 31.5x 27.7x
EV / EBIT 77x 69.4x 64.5x 53.5x 40.6x 39.4x 35x 30.6x
EV / FCF 215x 114x 70.4x 77.4x 56.9x 60.3x 49.4x 42.6x
FCF Yield 0.47% 0.88% 1.42% 1.29% 1.76% 1.66% 2.02% 2.35%
Dividend per Share 2 5 5.5 8 10 11.5 15.29 17.08 19.42
Rate of return 0.41% 0.47% 0.53% 0.7% 0.89% 1.04% 1.17% 1.33%
EPS 2 11.88 12.52 16.99 20.36 24.01 28.06 31.87 36.26
Distribution rate 42.1% 43.9% 47.1% 49.1% 47.9% 54.5% 53.6% 53.6%
Net sales 1 99,210 117,991 123,830 131,403 146,008 172,496 190,476 211,859
EBITDA 1 18,473 19,910 27,132 30,092 35,190 40,501 45,236 50,856
EBIT 1 16,196 17,213 23,726 26,508 31,243 36,488 40,639 46,093
Net income 1 12,076 12,732 17,294 20,762 24,489 28,708 32,427 36,930
Net Debt 1 -678.3 -1,469 -3,840 -30,440 -38,015 -51,197 -66,003 -79,574
Reference price 2 1,227.15 1,176.50 1,507.35 1,424.65 1,285.00 1,464.00 1,464.00 1,464.00
Nbr of stocks (in thousands) 1,016,577 1,016,628 1,017,219 1,017,292 1,017,766 1,017,790 - -
Announcement Date 5/18/22 5/8/23 5/7/24 5/8/25 5/7/26 - - -
1INR in Million2INR
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
19.71x3.48x9.9x2.03% 70.35B
11.86x0.91x7.57x4.54% 49.06B
52.21x8.35x35.55x1.04% 15.55B
13.18x0.88x6.12x2.72% 14.2B
11.17x0.72x4.8x2.92% 10.15B
15.42x0.7x7.63x3.2% 9.7B
36.31x1.67x8.8x2.08% 9.04B
4.65x0.66x2.75x4.73% 8.84B
30.74x4.21x18.03x0.38% 7.65B
Average 21.69x 2.40x 11.24x 2.63% 21.62B
Weighted average by Cap. 19.71x 2.57x 10.65x 2.8%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. PIDILITIND Stock
  4. PIDILITIND Stock
  5. Valuation Pidilite Industries Limited