🔥PIDILITIND🔥 (NSE) POSITIONAL BUY/SELL CALL FOR JUNE 2021

      PIDILITIND Buy Side TARGET 3 @2309 Achieved On 20-July-2021 Now More to Go......  alert-success

PIDILITE INDUSTRIES LTD.

Pidilite Industries Ltd. was incorporated within the year 1969. Its today's share price is 2080.1. Its current market capitalization stands at Rs 105700.98 Cr. within the latest quarter, company has reported gross revenue of Rs. 63325.9 Cr and Total Income of Rs.64844.5 Cr. The company's management includes Rajeev Vasudeva, Puneet Bansal, Piyush Pandey, Vinod Dasari, Meera Shankar, Uday Khanna, Sanjeev Aga, BS Mehta, Debabrata Gupta, AN Parekh, AB Parekh, Bharat Puri, N K Parekh, M B Parekh.

It is listed on the BSE with a BSE Code of 500331 , NSE with an NSE Symbol of PIDILITIND and ISIN of INE318A01026. It's Registered office is at Regent Chambers 7th Floor,Jamnalal Bajaj Marg,208 Nariman PointMumbai-400021, Maharashtra. Their Registrars are ACC Ltd. It's auditors are DA Kothari & Co, Deloitte Haskins & Sells, Deloitte Haskins & Sells LLP, Haribhakti & Co

Brief about PIDILITE INDUSTRIES LTD.

Pidilite Industries, a documented name in adhesives market, was incorporated in 1969. Pidilite Industries is that the market leader in adhesives and sealants, construction chemicals, hobby colours and polymer emulsions in India.Over two-third of the company’s sales come from products and segments it's pioneered in India.

The company has diversified in various segments like adhesives and sealants, construction and paint chemicals, automotive chemicals, art materials, industrial adhesives, industrial and textile resins and organic pigments and preparations. it's created brands like Fevicol, Dr Fixit, Cyclo, hobby ideas, Roff and M-Seal.

To facilitate better global networking, Pidilite Industries has established offices / subsidiaries in several countries including Singapore, USA, Brazil, UAE, Saudi Arabia , Indonesia, Egypt, Bangladesh, UK, Kenya, South Africa and Ghana.In India it's subsidiaries namely Bhimad Commercial Company and Madhumala Traders.

Pidilite also established a state-of-the-art research centre in Singapore that's now a member of Singapore industry Council (SCIC).

Products

Under adhesives and glue segment it's manufactured wide selection of products white glue, paper glue, termite treatment, PVC insulation tape, epoxy putty, etc. it's created brand like terminator, Fevi Stik, Fevikwik, etc.

Art Materials and Stationary- Under this it manufactures Crayons, Oil pastels, markers, brushes, glass colours, Acrylic colours, etc. It also publishes books on craft, furniture design, hobby etc. during this segment it's created brands like hobby ideas, colstar, fevicraft, etc.

Construction chemicals- Pidlite manufactures wide selection of solution in waterproofing, repair materials, coating, flooring, sealants and admixtures.

Fabric Care- the corporate has created products like brightener, starch, stain remover and whitener. It markets these product under the name Ranipal.

FUNDAMENTALS

Stock investing requires careful analysis of monetary data to seek out out the company's true net worth. this is often generally done by examining the company's profit and loss account, record and income statement. this will be time-consuming and cumbersome. a neater thanks to determine a few company's performance is to seem at its financial ratios, which may help to form sense of the overwhelming amount of data which will be found during a company's financial statements.

Here are the few indispensable tools that ought to be a neighborhood of each investor’s research process.

PE ratio: - Price to Earnings' ratio, which indicates for each rupee of earnings what proportion an investor is willing to buy a share. A general rule of thumb is that shares trading at a coffee P/E are undervalued (it depends on other factors too). Pidilite Inds. features a PE ratio of 97.74 which is high and relatively overvalued .

Return on Assets (ROA): - Return on Assets measures how effectively a corporation can earn a return on its investment in assets. In other words, ROA shows how efficiently a corporation can convert the cash wont to purchase assets into net or profits. Pidilite Inds. has ROA of 13.88 you which of them may be a bad sign for future performance. (higher values are always desirable)

Current ratio: - the present ratio measures a company's ability to pay its short-term liabilities with its short-term assets. a better current ratio is desirable in order that the corporate might be stable to unexpected bumps in business and economy. Pidilite Inds. features a Current ratio of 1.99 .

Return on equity: - ROE measures the power of a firm to get profits from its shareholders investments within the company. In other words, the return on equity ratio shows what proportion profit each rupee of common stockholders’ equity generates. Pidilite Inds. features a ROE of 25.53 % .(higher is better)

Debt to equity ratio: - it's an honest metric to see out the capital structure along side its performance. Pidilite Inds. features a D/E ratio of 0 which suggests that the corporate has low proportion of debt in its capital.

Inventory turnover ratio: - Inventory Turnover ratio may be a n activity ratio and is a tool to guage the liquidity of a company's inventory. It measures what percentage times a corporation has sold and replaced its inventory during a particular period of your time . Pidilite Inds. has a listing turnover ratio of 8.65 which shows that the management is inefficient in reference to its Inventory and dealing capital management.

Sales growth: - Pidilite Inds. has reported revenue growth of three .92 you which of them is poor in reference to its growth and performance.

Operating Margin: - this may tell you about the operational efficiency of the corporate . The operating margin of Pidilite Inds. for the present fiscal year is 23.43 %.

Dividend Yield: - It tells us what proportion dividend we'll receive in reference to the worth of the stock. the present year dividend for Pidilite Inds. is Rs 7 and therefore the yield is 0.41 %.

TECHNICALS