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Pidilite Industries Limited
Buy, Hold or Sell?

Let's analyze Pidilite together

I guess you are interested in Pidilite Industries Limited. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of Pidilite Industries Limited. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

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Quick analysis of Pidilite (30 sec.)










What can you expect buying and holding a share of Pidilite? (30 sec.)

How much money do you get?

How much money do you get?
INR0.48
When do you have the money?
1 year
How often do you get paid?
100.0%

What is your share worth?

Current worth
INR141.89
Expected worth in 1 year
INR205.49
How sure are you?
100.0%

+ What do you gain per year?

Total Gains per Share
INR103.60
Return On Investment
3.3%

For what price can you sell your share?

Current Price per Share
INR3,109.65
Expected price per share
INR2,903 - INR3,232
How sure are you?
50%
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1. Valuation of Pidilite (5 min.)




Live pricePrice per Share (EOD)

INR3,109.65

Intrinsic Value Per Share

INR175.82 - INR225.73

Total Value Per Share

INR317.71 - INR367.61

2. Growth of Pidilite (5 min.)




Is Pidilite growing?

Current yearPrevious yearGrowGrow %
How rich?$858.2m$762m$96.2m11.2%

How much money is Pidilite making?

Current yearPrevious yearGrowGrow %
Making money$151.5m$143.6m$7.8m5.2%
Net Profit Margin10.8%12.2%--

How much money comes from the company's main activities?

3. Financial Health of Pidilite (5 min.)




4. Comparing to competitors in the Specialty Chemicals industry (5 min.)




  Industry Rankings (Specialty Chemicals)  


Richest
#115 / 557

Most Revenue
#59 / 557

Most Profit
#21 / 557
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What can you expect buying and holding a share of Pidilite? (5 min.)

Welcome investor! Pidilite's management wants to use your money to grow the business. In return you get a share of Pidilite.

What can you expect buying and holding a share of Pidilite?

First you should know what it really means to hold a share of Pidilite. And how you can make/lose money.

Speculation

The Price per Share of Pidilite is INR3,110. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

  • The fundamentals: the financial health trends of Pidilite.
  • The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
  • The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Pidilite, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

  • You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is INR141.89. Based on the TTM, the Book Value Change Per Share is INR15.90 per quarter. Based on the YOY, the Book Value Change Per Share is INR15.92 per quarter.
  • You may receive quarterly/yearly dividend in the form of additional shares.
  • You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is INR10.00 per quarter.
Based on historical numbers we can estimate the returns while holding a share of Pidilite.

How much money are you going to get?

 MRQTTMYOY5Y10Y
 INR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per ShareINR% of Price per Share
Usd Eps0.300.0%0.300.0%0.280.0%0.260.0%0.220.0%
Usd Book Value Change Per Share0.190.0%0.190.0%0.190.0%0.170.0%0.170.0%
Usd Dividend Per Share0.120.0%0.120.0%0.100.0%0.100.0%0.070.0%
Usd Total Gains Per Share0.310.0%0.310.0%0.290.0%0.270.0%0.240.0%
Usd Price Per Share28.01-28.01-29.22-21.94-14.68-
Price to Earnings Ratio93.97-93.97-103.35-81.73-63.03-
Price-to-Total Gains Ratio90.88-90.88-100.56-80.09-66.25-
Price to Book Ratio16.59-16.59-19.49-16.64-13.93-
Price-to-Total Gains Ratio90.88-90.88-100.56-80.09-66.25-

When do you get the money?

Usd Investment
$.00
Usd Price Per Share37.004835
Number of shares27
Gains per QuarterTrailing 12 Months5 Year
Usd Dividend Per Share0.120.10
Usd Book Value Change Per Share0.190.17
Usd Total Gains Per Share0.310.27
Gains per Quarter (27 shares)8.327.29
Gains per Year (27 shares)33.2929.16
YearsReturn on Investment (TTM)Return on Investment (5Y)
 DividendBook Value gainTotal gainsDividendBook Value gainTotal gains
Broker costs---10---10
1132023111819
2264156223748
3396189325577
451821224374106
5641021555492135
67712318865110164
79014322175129193
810316325486147222
911618428797166251
10129204320108184280

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %
 Trailing 12 Months3Y5 Year10 YearALLTIME
  % % % % %
Earnings Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Book Value Change Per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Dividend per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
Total Gains per Share1.00.00.0100.0%3.00.00.0100.0%5.00.00.0100.0%10.00.00.0100.0%10.00.00.0100.0%
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Fundamentals of Pidilite

About Pidilite Industries Limited

Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. The company operates in two segments, Consumer & Bazaar, and Business to Business. It offers adhesives, sealants, art and craft materials, construction and paint chemicals, and others for use by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The company also provides industrial products, such as adhesives, synthetic resins, organic pigments, pigment preparations, surfactants, etc. for use in various industries, including packaging, textiles, paints, joineries, printing inks, paper, leather, and others. In addition, it offers specialty acetates, raw materials, etc.; and waterproofing services, as well as wood finishes. Further, the company manufactures and sells floor coatings. It sells its products primarily under the Fevicol, Fevicol MR, Dr. Fixit, Fevikwik, M-Seal, Fevistick, Fevicryl, Hobby Ideas, and other brands. Pidilite Industries Limited was founded in 1959 and is based in Mumbai, India.

Fundamental data was last updated by Penke on 2024-07-15 01:29:05.

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge profit.
Using its assets, the company is efficient in making profit.
Using its investors money, the company is efficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is very efficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is just able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details
 Compared to previous yearCompared to industry
Based on the equity, the company is expensive.
Based on the earnings, the company is expensive.
Based on how much money comes from the company's main activities, the company is expensive.
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1.1. Profitability of Pidilite Industries Limited.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit¬†Pidilite earns for each ₹1 of revenue.

  • Above 10% is considered healthy but always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • A Net Profit Margin of 10.8%¬†means that¬†₹0.11 for each ₹1¬†in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Pidilite Industries Limited:

  • The MRQ is 10.8%. The company is making a huge profit. +2
  • The TTM is 10.8%. The company is making a huge profit. +2
Trends
Current periodCompared to+/- 
MRQ10.8%TTM10.8%0.0%
TTM10.8%YOY12.2%-1.4%
TTM10.8%5Y13.4%-2.6%
5Y13.4%10Y13.2%+0.2%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ10.8%4.1%+6.7%
TTM10.8%3.9%+6.9%
YOY12.2%4.7%+7.5%
5Y13.4%5.8%+7.6%
10Y13.2%5.9%+7.3%
1.1.2. Return on Assets

Shows how efficient Pidilite is using its assets to generate profit.

  • Above 5% is considered healthy¬†but always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • 12.1% Return on Assets means that¬†Pidilite generated¬†₹0.12 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Pidilite Industries Limited:

  • The MRQ is 12.1%. Using its assets, the company is efficient in making profit. +1
  • The TTM is 12.1%. Using its assets, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ12.1%TTM12.1%0.0%
TTM12.1%YOY12.7%-0.6%
TTM12.1%5Y14.1%-2.0%
5Y14.1%10Y15.9%-1.9%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ12.1%1.0%+11.1%
TTM12.1%1.0%+11.1%
YOY12.7%1.3%+11.4%
5Y14.1%1.5%+12.6%
10Y15.9%1.6%+14.3%
1.1.3. Return on Equity

Shows how efficient Pidilite is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • 17.7% Return on Equity means Pidilite generated ₹0.18¬†for each¬†₹1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Pidilite Industries Limited:

  • The MRQ is 17.7%. Using its investors money, the company is efficient in making profit. +1
  • The TTM is 17.7%. Using its investors money, the company is efficient in making profit. +1
Trends
Current periodCompared to+/- 
MRQ17.7%TTM17.7%0.0%
TTM17.7%YOY18.9%-1.2%
TTM17.7%5Y20.8%-3.2%
5Y20.8%10Y23.2%-2.4%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ17.7%1.9%+15.8%
TTM17.7%1.8%+15.9%
YOY18.9%2.5%+16.4%
5Y20.8%2.6%+18.2%
10Y23.2%2.7%+20.5%
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1.2. Operating Efficiency of Pidilite Industries Limited.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Pidilite is operating .

  • Measures how much profit Pidilite makes for each ₹1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • An Operating Margin of 0.0%¬†means the company generated ₹0.00 ¬†for each ₹1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Pidilite Industries Limited:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-0.0%
TTM-YOY-0.0%
TTM-5Y8.8%-8.8%
5Y8.8%10Y13.4%-4.6%
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.8%-7.8%
TTM-3.0%-3.0%
YOY-6.3%-6.3%
5Y8.8%7.4%+1.4%
10Y13.4%7.2%+6.2%
1.2.2. Operating Ratio

Measures how efficient Pidilite is keeping operating costs low.

  • Below 1 is considered healthy (always compare to¬†Specialty Chemicals industry mean).
  • An Operation Ratio of 0.59 means that the operating costs are ₹0.59 for each ₹1 in net sales.

Let's take a look of the Operating Ratio trends of Pidilite Industries Limited:

  • The MRQ is 0.585. The company is very efficient in keeping operating costs low. +2
  • The TTM is 0.585. The company is very efficient in keeping operating costs low. +2
Trends
Current periodCompared to+/- 
MRQ0.585TTM0.5850.000
TTM0.585YOY0.562+0.023
TTM0.5855Y0.848-0.263
5Y0.84810Y1.095-0.247
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.5851.549-0.964
TTM0.5851.525-0.940
YOY0.5621.489-0.927
5Y0.8481.464-0.616
10Y1.0951.237-0.142
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1.3. Liquidity of Pidilite Industries Limited.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Pidilite is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to¬†Specialty Chemicals industry mean).
  • A Current Ratio of 1.89¬†means the company has ₹1.89 in assets for each ₹1 in short-term debts.

Let's take a look of the Current Ratio trends of Pidilite Industries Limited:

  • The MRQ is 1.892. The company is able to pay all its short-term debts. +1
  • The TTM is 1.892. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.892TTM1.8920.000
TTM1.892YOY1.727+0.165
TTM1.8925Y2.029-0.137
5Y2.02910Y2.190-0.160
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.8921.851+0.041
TTM1.8921.889+0.003
YOY1.7271.908-0.181
5Y2.0291.978+0.051
10Y2.1901.809+0.381
1.3.2. Quick Ratio

Measures if Pidilite is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but¬†always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • A Quick Ratio of 1.22¬†means the company can pay off ₹1.22 for each ₹1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Pidilite Industries Limited:

  • The MRQ is 1.218. The company is just able to pay all its short-term debts with the most liquid assets.
  • The TTM is 1.218. The company is just able to pay all its short-term debts with the most liquid assets.
Trends
Current periodCompared to+/- 
MRQ1.218TTM1.2180.000
TTM1.218YOY0.916+0.301
TTM1.2185Y1.556-0.339
5Y1.55610Y1.808-0.252
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ1.2180.783+0.435
TTM1.2180.833+0.385
YOY0.9160.969-0.053
5Y1.5561.051+0.505
10Y1.8081.085+0.723
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1.4. Solvency of Pidilite Industries Limited.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Pidilite assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare¬†Pidilite to Specialty Chemicals industry mean.
  • A Debt to Asset Ratio of 0.31¬†means that Pidilite assets are¬†financed with 31.5% credit (debt) and the remaining percentage (100% - 31.5%)¬†is financed by its owners/shareholders.¬†

Let's take a look of the Debt to Asset Ratio trends of Pidilite Industries Limited:

  • The MRQ is 0.315. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.315. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.315TTM0.3150.000
TTM0.315YOY0.327-0.012
TTM0.3155Y0.325-0.010
5Y0.32510Y0.315+0.010
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.3150.429-0.114
TTM0.3150.428-0.113
YOY0.3270.426-0.099
5Y0.3250.426-0.101
10Y0.3150.432-0.117
1.4.2. Debt to Equity Ratio

Measures if Pidilite is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but¬†always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • A Debt to Equity ratio of 45.9% means that company has ₹0.46 debt for each ₹1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Pidilite Industries Limited:

  • The MRQ is 0.459. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.459. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.459TTM0.4590.000
TTM0.459YOY0.486-0.027
TTM0.4595Y0.483-0.024
5Y0.48310Y0.461+0.022
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4590.768-0.309
TTM0.4590.769-0.310
YOY0.4860.744-0.258
5Y0.4830.814-0.331
10Y0.4610.833-0.372
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2. Market Valuation of Pidilite Industries Limited

2.1. Earnings Per Share
2.1. Price to Earnings Ratio

Measures¬†how much money you pay¬†for each share for¬†every ₹1 in earnings Pidilite generates.

  • Above 15 is considered overpriced but¬†always compare¬†Pidilite to the¬†Specialty Chemicals industry mean.
  • A PE ratio of 93.97 means the investor is paying ₹93.97¬†for every ₹1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Pidilite Industries Limited:

  • The EOD is 124.145. Based on the earnings, the company is expensive. -2
  • The MRQ is 93.970. Based on the earnings, the company is expensive. -2
  • The TTM is 93.970. Based on the earnings, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD124.145MRQ93.970+30.175
MRQ93.970TTM93.9700.000
TTM93.970YOY103.351-9.381
TTM93.9705Y81.725+12.245
5Y81.72510Y63.030+18.695
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD124.14517.551+106.594
MRQ93.97018.001+75.969
TTM93.97017.587+76.383
YOY103.35114.918+88.433
5Y81.72519.774+61.951
10Y63.03025.402+37.628
2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of Pidilite Industries Limited:

  • The EOD is 150.223. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The MRQ is 113.709. Based on how much money comes from the company's main activities, the company is expensive. -2
  • The TTM is 113.709. Based on how much money comes from the company's main activities, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD150.223MRQ113.709+36.514
MRQ113.709TTM113.7090.000
TTM113.709YOY214.943-101.234
TTM113.7095Y122.100-8.390
5Y122.10010Y107.166+14.933
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD150.223-1.903+152.126
MRQ113.709-2.321+116.030
TTM113.7093.045+110.664
YOY214.9431.450+213.493
5Y122.1003.398+118.702
10Y107.1662.812+104.354
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2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Pidilite is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy¬†(always compare to Specialty Chemicals industry mean).
  • A PB ratio of 16.59 means the investor is paying ₹16.59¬†for each ₹1 in book value.

Let's take a look of the Price to Book Ratio trends of Pidilite Industries Limited:

  • The EOD is 21.917. Based on the equity, the company is expensive. -2
  • The MRQ is 16.589. Based on the equity, the company is expensive. -2
  • The TTM is 16.589. Based on the equity, the company is expensive. -2
Trends
Current periodCompared to+/- 
EOD21.917MRQ16.589+5.327
MRQ16.589TTM16.5890.000
TTM16.589YOY19.489-2.900
TTM16.5895Y16.643-0.053
5Y16.64310Y13.934+2.709
Compared to industry (Specialty Chemicals)
PeriodCompanyIndustry (mean)+/- 
EOD21.9171.710+20.207
MRQ16.5891.714+14.875
TTM16.5891.813+14.776
YOY19.4891.911+17.578
5Y16.6432.349+14.294
10Y13.9342.859+11.075
2. Total Gains per Share
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3. Summary

3.1. Key Performance Indicators

The key performance indicators of Pidilite Industries Limited compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share--15.90015.9000%15.9210%14.310+11%14.189+12%
Book Value Per Share--141.886141.8860%125.986+13%109.451+30%82.050+73%
Current Ratio--1.8921.8920%1.727+10%2.029-7%2.190-14%
Debt To Asset Ratio--0.3150.3150%0.327-4%0.325-3%0.3150%
Debt To Equity Ratio--0.4590.4590%0.486-5%0.483-5%0.4610%
Dividend Per Share--10.00010.0000%8.496+18%8.381+19%6.248+60%
Eps--25.04825.0480%23.757+5%22.248+13%18.169+38%
Free Cash Flow Per Share--20.70020.7000%11.423+81%16.001+29%12.641+64%
Free Cash Flow To Equity Per Share--7.7867.7860%2.217+251%6.515+20%4.893+59%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max--225.727--------
Intrinsic Value_10Y_min--175.822--------
Intrinsic Value_1Y_max--18.661--------
Intrinsic Value_1Y_min--16.577--------
Intrinsic Value_3Y_max--59.085--------
Intrinsic Value_3Y_min--51.004--------
Intrinsic Value_5Y_max--103.147--------
Intrinsic Value_5Y_min--86.480--------
Market Cap1580112673800.000+24%1196470058112.0001196470058112.0000%1248025972047.000-4%936972661658.000+28%627102697801.400+91%
Net Profit Margin--0.1080.1080%0.122-11%0.134-19%0.132-18%
Operating Margin----0%-0%0.088-100%0.134-100%
Operating Ratio--0.5850.5850%0.562+4%0.848-31%1.095-47%
Pb Ratio21.917+24%16.58916.5890%19.489-15%16.6430%13.934+19%
Pe Ratio124.145+24%93.97093.9700%103.351-9%81.725+15%63.030+49%
Price Per Share3109.650+24%2353.8002353.8000%2455.350-4%1843.620+28%1233.340+91%
Price To Free Cash Flow Ratio150.223+24%113.709113.7090%214.943-47%122.100-7%107.166+6%
Price To Total Gains Ratio120.060+24%90.87790.8770%100.557-10%80.090+13%66.250+37%
Quick Ratio--1.2181.2180%0.916+33%1.556-22%1.808-33%
Return On Assets--0.1210.1210%0.127-5%0.141-14%0.159-24%
Return On Equity--0.1770.1770%0.189-6%0.208-15%0.232-24%
Total Gains Per Share--25.90125.9010%24.418+6%22.691+14%20.436+27%
Usd Book Value--858261320.000858261320.0000%762041490.000+13%661941070.000+30%496563890.200+73%
Usd Book Value Change Per Share--0.1890.1890%0.1890%0.170+11%0.169+12%
Usd Book Value Per Share--1.6881.6880%1.499+13%1.302+30%0.976+73%
Usd Dividend Per Share--0.1190.1190%0.101+18%0.100+19%0.074+60%
Usd Eps--0.2980.2980%0.283+5%0.265+13%0.216+38%
Usd Free Cash Flow--125214180.000125214180.0000%69094970.000+81%96768420.000+29%76513049.200+64%
Usd Free Cash Flow Per Share--0.2460.2460%0.136+81%0.190+29%0.150+64%
Usd Free Cash Flow To Equity Per Share--0.0930.0930%0.026+251%0.078+20%0.058+59%
Usd Market Cap18803340818.220+24%14237993691.53314237993691.5330%14851509067.359-4%11149974673.730+28%7462522103.837+91%
Usd Price Per Share37.005+24%28.01028.0100%29.219-4%21.939+28%14.677+91%
Usd Profit--151516750.000151516750.0000%143699640.000+5%134549730.000+13%109966745.700+38%
Usd Revenue--1404092900.0001404092900.0000%1180594240.000+19%1032586324.000+36%838901900.200+67%
Usd Total Gains Per Share--0.3080.3080%0.291+6%0.270+14%0.243+27%
 EOD+4 -4MRQTTM+0 -0YOY+24 -105Y+27 -810Y+25 -10

3.2. Fundamental Score

Let's check the fundamental score of Pidilite Industries Limited based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15124.145
Price to Book Ratio (EOD)Between0-121.917
Net Profit Margin (MRQ)Greater than00.108
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than11.218
Current Ratio (MRQ)Greater than11.892
Debt to Asset Ratio (MRQ)Less than10.315
Debt to Equity Ratio (MRQ)Less than10.459
Return on Equity (MRQ)Greater than0.150.177
Return on Assets (MRQ)Greater than0.050.121
Total7/10 (70.0%)

3.3. Technical Score

Let's check the technical score of Pidilite Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.825
Ma 20Greater thanMa 503,137.670
Ma 50Greater thanMa 1003,090.535
Ma 100Greater thanMa 2002,995.642
OpenGreater thanClose3,172.500
Total4/5 (80.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in INR. All numbers in thousands.

Summary
Total Assets105,250,200
Total Liabilities33,127,400
Total Stockholder Equity72,122,800
 As reported
Total Liabilities 33,127,400
Total Stockholder Equity+ 72,122,800
Total Assets = 105,250,200

Assets

Total Assets105,250,200
Total Current Assets45,615,200
Long-term Assets0
Total Current Assets
Cash And Cash Equivalents 2,526,800
Short-term Investments 5,448,600
Net Receivables 15,352,700
Inventory 18,645,000
Other Current Assets 554,500
Total Current Assets  (as reported)45,615,200
Total Current Assets  (calculated)42,527,600
+/- 3,087,600
Long-term Assets
Property Plant Equipment 24,067,200
Goodwill 12,897,600
Intangible Assets 16,235,400
Long-term Assets  (as reported)0
Long-term Assets  (calculated)53,200,200
+/- 53,200,200

Liabilities & Shareholders' Equity

Total Current Liabilities24,106,200
Long-term Liabilities0
Total Stockholder Equity72,122,800
Total Current Liabilities
Short-term Debt 1,632,600
Total Current Liabilities  (as reported)24,106,200
Total Current Liabilities  (calculated)1,632,600
+/- 22,473,600
Long-term Liabilities
Long term Debt Total 1,756,300
Capital Lease Obligations Min Short Term Debt-1,632,600
Long-term Liabilities  (as reported)0
Long-term Liabilities  (calculated)123,700
+/- 123,700
Total Stockholder Equity
Common Stock508,300
Retained Earnings 70,444,300
Capital Surplus 500,500
Other Stockholders Equity 231,800
Total Stockholder Equity (as reported)72,122,800
Total Stockholder Equity (calculated)71,684,900
+/- 437,900
Other
Cash And Equivalents575,300
Cash and Short Term Investments 8,550,700
Common Stock Shares Outstanding 508,314
Liabilities and Stockholders Equity 105,250,200
Net Working Capital 21,509,000



Balance Sheet

Currency in INR. All numbers in thousands.

 Trend2023-03-312022-03-312021-03-312020-03-312019-03-312018-03-312017-03-312016-03-312015-03-312014-03-31
> Total Assets 
29,283,560
33,158,090
37,189,700
47,741,900
52,044,600
59,145,100
65,357,000
88,304,200
95,156,200
105,250,200
105,250,20095,156,20088,304,20065,357,00059,145,10052,044,60047,741,90037,189,70033,158,09029,283,560
   > Total Current Assets 
16,416,030
16,706,840
21,511,200
31,339,900
33,087,800
35,820,000
37,609,500
35,153,700
40,156,100
45,615,200
45,615,20040,156,10035,153,70037,609,50035,820,00033,087,80031,339,90021,511,20016,706,84016,416,030
       Cash And Cash Equivalents 
1,771,720
760,040
552,700
129,700
93,100
283,100
5,088,800
2,555,700
2,418,500
2,526,800
2,526,8002,418,5002,555,7005,088,800283,10093,100129,700552,700760,0401,771,720
       Short-term Investments 
2,341,340
2,791,650
5,688,800
13,898,100
11,211,800
12,092,500
7,263,600
1,826,700
1,736,600
5,448,600
5,448,6001,736,6001,826,7007,263,60012,092,50011,211,80013,898,1005,688,8002,791,6502,341,340
       Net Receivables 
5,544,330
6,111,660
7,015,900
7,685,400
9,381,300
10,560,100
10,885,000
13,210,200
14,305,400
15,352,700
15,352,70014,305,40013,210,20010,885,00010,560,1009,381,3007,685,4007,015,9006,111,6605,544,330
       Inventory 
5,996,810
6,410,350
6,456,100
7,418,500
8,371,500
9,613,100
9,746,300
12,968,800
17,398,000
18,645,000
18,645,00017,398,00012,968,8009,746,3009,613,1008,371,5007,418,5006,456,1006,410,3505,996,810
       Other Current Assets 
700,160
540,320
185,700
306,200
449,700
469,100
766,600
587,900
598,500
554,500
554,500598,500587,900766,600469,100449,700306,200185,700540,320700,160
   > Long-term Assets 
0
0
0
16,402,000
18,956,800
23,325,100
27,747,500
0
0
0
00027,747,50023,325,10018,956,80016,402,000000
       Property Plant Equipment 
10,487,110
11,040,940
9,138,100
9,368,300
10,303,200
11,554,500
15,482,800
17,367,100
19,832,100
24,067,200
24,067,20019,832,10017,367,10015,482,80011,554,50010,303,2009,368,3009,138,10011,040,94010,487,110
       Goodwill 
454,690
1,244,150
1,334,200
1,338,300
1,774,200
1,849,900
1,840,300
12,839,500
12,868,300
12,897,600
12,897,60012,868,30012,839,5001,840,3001,849,9001,774,2001,338,3001,334,2001,244,150454,690
       Long Term Investments 
261,590
907,450
1,388,900
551,900
0
0
0
0
0
0
000000551,9001,388,900907,450261,590
       Intangible Assets 
929,980
2,118,020
2,483,000
3,523,000
3,621,800
3,493,000
3,337,300
16,911,300
16,586,400
16,235,400
16,235,40016,586,40016,911,3003,337,3003,493,0003,621,8003,523,0002,483,0002,118,020929,980
       Long-term Assets Other 
0
0
0
256,600
233,100
274,300
0
0
0
0
0000274,300233,100256,600000
> Total Liabilities 
9,715,700
10,401,270
10,809,800
13,032,800
16,304,200
17,664,200
20,800,900
32,374,600
31,119,100
33,127,400
33,127,40031,119,10032,374,60020,800,90017,664,20016,304,20013,032,80010,809,80010,401,2709,715,700
   > Total Current Liabilities 
8,859,150
9,589,850
9,150,300
10,224,100
12,082,300
13,007,100
16,147,300
24,347,100
23,250,300
24,106,200
24,106,20023,250,30024,347,10016,147,30013,007,10012,082,30010,224,1009,150,3009,589,8508,859,150
       Short-term Debt 
459,340
584,170
800,200
975,100
1,154,400
1,025,400
1,439,900
2,015,100
2,843,700
1,632,600
1,632,6002,843,7002,015,1001,439,9001,025,4001,154,400975,100800,200584,170459,340
       Short Long Term Debt 
459,340
584,170
800,200
975,100
1,174,600
1,042,300
1,510,900
0
0
0
0001,510,9001,042,3001,174,600975,100800,200584,170459,340
       Accounts payable 
3,474,110
3,319,050
3,739,900
3,903,200
5,438,100
5,806,400
6,210,100
0
0
0
0006,210,1005,806,4005,438,1003,903,2003,739,9003,319,0503,474,110
       Other Current Liabilities 
2,881,160
3,116,720
1,914,600
2,150,700
2,103,400
2,441,500
3,722,500
0
0
0
0003,722,5002,441,5002,103,4002,150,7001,914,6003,116,7202,881,160
   > Long-term Liabilities 
0
0
0
1,535,500
2,471,800
2,585,600
2,497,100
0
0
0
0002,497,1002,585,6002,471,8001,535,500000
       Long term Debt Total 
0
0
55,300
48,500
71,100
85,100
1,082,100
930,700
977,600
1,756,300
1,756,300977,600930,7001,082,10085,10071,10048,50055,30000
       Capital Lease Obligations 
0
0
0
0
0
0
1,114,700
0
0
0
0001,114,700000000
> Total Stockholder Equity
19,526,230
22,705,780
26,379,900
34,709,100
35,740,400
41,480,900
44,556,100
55,929,600
64,037,100
72,122,800
72,122,80064,037,10055,929,60044,556,10041,480,90035,740,40034,709,10026,379,90022,705,78019,526,230
   Common Stock
512,640
512,660
512,700
512,700
507,800
508,000
508,100
508,200
508,300
508,300
508,300508,300508,200508,100508,000507,800512,700512,700512,660512,640
   Retained Earnings 
17,885,830
21,088,310
25,051,800
33,321,500
35,058,200
40,621,700
43,407,700
54,712,600
62,651,100
70,444,300
70,444,30062,651,10054,712,60043,407,70040,621,70035,058,20033,321,50025,051,80021,088,31017,885,830
   Capital Surplus 
0
0
659,600
663,600
0
100,100
232,100
260,400
465,100
500,500
500,500465,100260,400232,100100,1000663,600659,60000
   Treasury Stock0000000000
   Other Stockholders Equity 
476,790
448,460
118,200
99,700
82,600
153,100
297,800
192,700
80,600
231,800
231,80080,600192,700297,800153,10082,60099,700118,200448,460476,790



Balance Sheet

Currency in INR. All numbers in thousands.




Cash Flow

Currency in INR. All numbers in thousands.




Income Statement

Currency in INR. All numbers in thousands.


Latest Income Statement (annual, 2023-03-31)

Gross Profit (+$)
totalRevenue117,991,000
Cost of Revenue-69,076,700
Gross Profit48,914,30048,914,300
 
Operating Income (+$)
Gross Profit48,914,300
Operating Expense-0
Operating Income17,520,70048,914,300
 
Operating Expense (+$)
Research Development0
Selling General Administrative27,088,000
Selling And Marketing Expenses0
Operating Expense027,088,000
 
Net Interest Income (+$)
Interest Income371,600
Interest Expense-0
Other Finance Cost-371,600
Net Interest Income0
 
Pretax Income (+$)
Operating Income17,520,700
Net Interest Income0
Other Non-Operating Income Expenses0
Income Before Tax (EBT)17,232,40017,520,700
EBIT - interestExpense = 0
12,732,500
12,732,500
Interest Expense0
Earnings Before Interest and Taxes (EBIT)017,232,400
Earnings Before Interest and Taxes (EBITDA)0
 
After tax Income (+$)
Income Before Tax17,232,400
Tax Provision-4,343,700
Net Income From Continuing Ops012,888,700
Net Income12,732,500
Net Income Applicable To Common Shares12,732,500
 
Non-recurring Events
Discontinued Operations0
Extraordinary Items0
Effect of Accounting Charges0
Other Items0
Non Recurring0
Other Operating Expenses0
Total Other Income/Expenses Net00
 

Technical Analysis of Pidilite
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Pidilite. The general trend of Pidilite is BULLISH with 71.4% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Pidilite's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitionsBullish trend (71.4%) Bearish trend (-71.4%)
Overbought to neutralBullish pullback=Bearish reversal
Upper to lower neutralBullish correction=Bearish continuation
Nuetral to oversoldOversold=Oversold
Oversold to neutralBullish reversal=Bearish correction
Lower to upper neutralBullish continuation=Bearish pullback
Nuetral to overboughtOverbought=Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.


Score

Let's take a look at the Support & Resistance of Pidilite Industries Limited.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is -1/(-1 +1).

  • Around resistance: The price is trading arround resistance levels. This can be considered as a potential exit level. -1

The bullish price targets are: 3,200 < 3,232.

The bearish price targets are: 3,065 > 3,057 > 2,903.

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Pidilite Industries Limited Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging¬†trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of Pidilite Industries Limited. The current mas is .

The long score for the Moving Averages is 12/14.
The longshort score for the Moving Averages is 10/(-14 +14).

  • MA 20 trending down: The MA 20 is trending down. -1
  • Close < MA 20: The price is below the MA 20. -1
  • MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
  • MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
  • MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
  • MA 50 trending up: The MA 50 is trending up. +1
  • Close > MA 50: The price is above the MA 50. +1
  • MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
  • MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
  • MA 100 trending up: The MA 100 is trending up. +1
  • Close > MA 100: The price is above the MA 100. +1
  • MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
  • MA 200 trending up: The MA 200 is trending up. +1
  • Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200
MA 2020
MA 5050-
MA 100100--
MA 200200---

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Pidilite Industries Limited Daily Moving Averages Chart
2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a¬†lagging momentum¬†indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of Pidilite Industries Limited. The current macd is 16.97.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

  • MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Pidilite price going down in the near term. -2
  • MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Pidilite. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Pidilite price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
  • Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1
Pidilite Industries Limited Daily Moving Average Convergence/Divergence (MACD) ChartPidilite Industries Limited Daily Moving Average Convergence/Divergence (MACD) Chart
2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.


Score

Let's take a look at the Directional Movement Index (DMI) of Pidilite Industries Limited. The current adx is 16.96.

The long score for the Directional Movement Index (DMI) is 2/7.
The longshort score for the Directional Movement Index (DMI) is 2/(-7 +7).

  • PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Pidilite shares, leading to potential upward momentum in its price. +1
  • PLUS_ID > MINUS_DI && ADX < 25 && ADX trending up: The ADX is below 25 and indicates a weak or no trend. However, the ADX is rising and a new bullish trend could be forming. +1
Pidilite Industries Limited Daily Directional Movement Index (DMI) Chart
2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

  • Parabolic SAR (stop and reverse) is a lagging trend indicator.
  • Shows¬†the current trend.
  • Shows¬†potential entry signals.
  • Shows¬†¬†potential exit signals.
  • Can be used to place¬†trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of Pidilite Industries Limited. The current sar is 3,094.

The long score for the Parabolic SAR is 1/1.
The longshort score for the Parabolic SAR is 1/(-1 +1).

  • Close > SAR: The price is above the SAR. It's generally considered a bullish signal. +1
Pidilite Industries Limited Daily Parabolic SAR Chart
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3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

  • Leading momentum¬†indicator, meaning the signals are instant.
  • Ranges¬†between 0 and 100.
  • Above 70 is considered overbought.
  • Below 30 is considered oversold.
  • Above or below 50 can also be used to determine price trend or support and resistance.
  • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
  • Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of Pidilite Industries Limited. The current rsi is 47.83. The current phase is Correction in bull market.

The long score for the Relative Strength Index (RSI) is 0/13.
The longshort score for the Relative Strength Index (RSI) is -4/(-13 +13).

  • Correction in bull market: Moderate price decline, potential pause in the uptrend. Reassess the market, wait for signs of stabilization.
  • Trending down: The RSI is trending down. -1
Pidilite Industries Limited Daily Relative Strength Index (RSI) ChartPidilite Industries Limited Daily Relative Strength Index (RSI) Chart
3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

  • Leading¬†momentum¬†indicator, meaning the signals are instant.
  • Used to determine overbought and oversold areas much like the RSI.
  • Ranges¬†between 0 and 100.
  • Above 80 is considered overbought.
  • Below 20 is considered oversold.
  • Consists of two lines named K and D.
  • K compares the highest high and lowest low on the selected price range.
  • The D line is a moving average of the K line.
  • Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of Pidilite Industries Limited. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 0/6.
The longshort score for the Stochastic Oscillator is -4/(-6 +6).

  • STOCH < 50: The STOCH %K is below 50. There are more sellers than buyers. -1
  • STOCH %K line < STOCH %D line: The STOCH %K line is below the STOCH %D line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Pidilite price going down in the near term. -2
  • Trending down: The STOCH %K is trending down. -1
Pidilite Industries Limited Daily Stochastic Oscillator ChartPidilite Industries Limited Daily Stochastic Oscillator Chart
3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

  • Lagging or leading Momentum indicator
  • When the CCI is above zero, the price is above the historical average
  • When the CCI is below zero,¬†the price is below the historical average
  • Used for spotting trends
    • If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
    • If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of Pidilite Industries Limited. The current cci is -29.72991387.

Pidilite Industries Limited Daily Commodity Channel Index (CCI) ChartPidilite Industries Limited Daily Commodity Channel Index (CCI) Chart
3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

  • Lagging momentum indicator
  • Ranges between +100 and -100
  • Considered overbought above +50
  • Considered oversold below -50
  • It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of Pidilite Industries Limited. The current cmo is -12.56169561.

The long score for the Chande Momentum Oscillator (CMO) is 0/1.
The longshort score for the Chande Momentum Oscillator (CMO) is -1/(-1 +1).

  • CMO < 0: The CMO is below 0, the momentum of the price is negative, indicating a potential downtrend in the price. -1
Pidilite Industries Limited Daily Chande Momentum Oscillator (CMO) ChartPidilite Industries Limited Daily Chande Momentum Oscillator (CMO) Chart
3.5 Williams %R

 Shows the current price relative to the highest high over the last 14 days.
 

  • Lagging momentum indicator
  • Ranging between 0 and¬†-100
  • Above -20 is considered overbought
  • Below -80 is considered oversold
  • Is prone to give false signals

Score

Let's take a look at the Williams %R of Pidilite Industries Limited. The current willr is -68.83194279.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

  • WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Pidilite is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.
Pidilite Industries Limited Daily Williams %R ChartPidilite Industries Limited Daily Williams %R Chart
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4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

  • Lagging volatility indicator
  • Uses 3 bands: one upper, one lower and one in the middle
  • Works best when the middle band reflects an intermediate trend (MA20).
  • When the price is moving closer to the upper band, the market might be overbought
  • When the price is moving closer to the lower band, the market might be oversold¬†

Score

Let's take a look at the Bollinger Bands of Pidilite Industries Limited.

Pidilite Industries Limited Daily Bollinger Bands Chart
4.2 Average True Range (ATR)
Measures market volatility
  • Leading volatility indicator
  • Can be used to determine stop-loss positions
  • Calculated by:
    • Current high minus the current low
    • Current high minus the previous close
    • Current low minus the previous close
  • The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of Pidilite Industries Limited. The current atr is 62.81.

Pidilite Industries Limited Daily Average True Range (ATR) ChartPidilite Industries Limited Daily Average True Range (ATR) Chart
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5. Volume Indicators

5.1 On-Balance Volume (OBV)

 Measures market volatility

  • Leading momentum indicator
  • Calculation:
    • If the closing price is above the previous closing price: OBV = previous OBV + current volume
    • If the closing price is below the previous closing price: OBV = previous OBV - current volume
    • If the closing price is the same as the previous closing price than the OBV is the same.
  • Can be used to confirm price trends
  • Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of Pidilite Industries Limited. The current obv is 147,827.

Pidilite Industries Limited Daily On-Balance Volume (OBV) ChartPidilite Industries Limited Daily On-Balance Volume (OBV) Chart
5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

  • Lagging momentum indicator
  • Looks like RSI but uses volume as an extra metric (RSI only considers price)
  • Above 80 is considered overbought
  • Below 20 is considered oversold
  • Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of Pidilite Industries Limited. The current mfi is 43.48.

The long score for the Money Flow Index (MFI) is 0/2.
The longshort score for the Money Flow Index (MFI) is -1/(-2 +2).

  • MFI < 50: -1
Pidilite Industries Limited Daily Money Flow Index (MFI) ChartPidilite Industries Limited Daily Money Flow Index (MFI) Chart
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6. Summary

6.1. Notifications

TypeNotificationDate
PenkeCurrently no notifications for Pidilite Industries Limited.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

DateIndicatorSignal
2024-02-26STOCH LONG EXITThe %K line crosses below the %D line.
MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-02-27STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-02-28STOCH LONG EXITThe %K line crosses below the %D line.
2024-02-29STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-01CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-03-04STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-03-05MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-03-06MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-03-07STOCH LONG EXITThe %K line crosses below the %D line.
MFI LONG ENTRY SHORT CLOSE80 crossover to upside
2024-03-11WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-13MFI SHORT ENTRY LONG CLOSE80 crossover to downside
2024-03-14SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-18CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-03-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-03-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-03-27STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-01STOCH SHORT EXITThe %K line crosses above the %D line.
2024-04-02RSI SHORT ENTRY LONG CLOSE70 crossover to downside
STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-08STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-09MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-04-15DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-04-16CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
2024-04-19CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
BB LONG ENTRY SHORT CLOSEPrice closed below the lower band.
2024-04-22STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-24DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-04-25STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-04-26SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-04-29WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-04-30MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
2024-05-02STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-03MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-05-08DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-05-10STOCH SHORT EXITThe %K line crosses above the %D line.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-05-13CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-05-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
2024-05-17STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-21STOCH SHORT EXITThe %K line crosses above the %D line.
2024-05-22SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
2024-05-24DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-27DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-05-28CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-05-29STOCH LONG EXITThe %K line crosses below the %D line.
2024-05-31MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
2024-06-03DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-06-04MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-06-05DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
ATR LONG ENTRY SHORT CLOSEPrice closed above (close + ATR).
2024-06-06STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-10STOCH SHORT EXITThe %K line crosses above the %D line.
WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
BB SHORT ENTRY LONG CLOSEPrice closed above the lower band.
2024-06-12STOCH LONG EXITThe %K line crosses below the %D line.
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-06-14STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-19STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-20STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-24MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-06-26MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
2024-06-27MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-01SAR SHORT ENTRY LONG CLOSEThe price broke the SAR to the downside
2024-07-02DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-03STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-04DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-05DMI SHORT ENTRY LONG CLOSEThe +DI crossed the -DI to the downside. The trend is reversing to a down trend.
2024-07-08CCI SHORT ENTRY LONG CLOSE-100 crossover to downside
WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
2024-07-09STOCH SHORT EXITThe %K line crosses above the %D line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-10DMI LONG ENTRY SHORT CLOSEThe +DI crossed the -DI to the upside. The trend is reversing to an up trend.
SAR LONG ENTRY SHORT CLOSEThe price broke the SAR to the upside.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-12STOCH LONG EXITThe %K line crosses below the %D line.
2024-07-15MACD LONG ENTRY SHORT CLOSEThe MACD line crosses above the signal line.
STOCH SHORT EXITThe %K line crosses above the %D line.
CCI LONG ENTRY SHORT CLOSE100 crossover to upside
2024-07-16WILLR LONG ENTRY SHORT CLOSE-20 crossover to upside
2024-07-19STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).
2024-07-22MACD SHORT ENTRY LONG CLOSEThe MACD line crosses below the signal line.
CMO LONG ENTRY SHORT CLOSEZero line crossover to upside
2024-07-23STOCH SHORT EXITThe %K line crosses above the %D line.
2024-07-24STOCH LONG EXITThe %K line crosses below the %D line.
CMO SHORT ENTRY LONG CLOSEZero line crossover to downside
ATR SHORT ENTRY LONG CLOSEPrice closed below (close - ATR).

6.3. Candlestick Patterns

Pidilite Industries Limited Daily Candlestick Chart
DateCandlestick Pattern

6.4. Technical Score

Let's check the technical score of Pidilite Industries Limited based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
RsiGreater than5047.825
Ma 20Greater thanMa 503,137.670
Ma 50Greater thanMa 1003,090.535
Ma 100Greater thanMa 2002,995.642
OpenGreater thanClose3,172.500
Total4/5 (80.0%)
Penke

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