The counter opened at Rs 1950.0 and touched an intraday high and low of Rs 1988.0 and Rs 1945.85, respectively, in the session so far. The stock of Pidilite Industries Ltd. quoted a 52-week high of Rs 1988.0 and a 52-week low of Rs 1307.05.
As per BSE, the total market cap of the Pidilite Industries Ltd. stood at Rs 97644.21 crore at the time of writing this report.
Key Financials
The company reported consolidated net sales of Rs 2252.85 crore for the quarter ended 31-Mar-2021, down 2.87 per cent from previous quarter’s Rs 2319.4 crore and down 44.54 per cent from the year-ago quarter’s Rs 1558.64 crore.
The net profit for latest quarter stood at Rs 306.19 crore, up 94.37 per cent from the corresponding quarter last year.
Shareholding pattern
As of 31-Mar-2021, domestic institutional investors held 3.92 per cent stake in the company, while foreign institutional investors held 11.88 per cent and the promoters 70.16 per cent.
Valuation ratio
According to BSE data, the stock traded at a price-to-earnings multiple of 86.32 and a price-to-book ratio of 15.47. A higher P/E ratio shows investors are willing to pay a higher price because of better future growth expectations. Price-to-book value indicates the inherent value of a company and is the measure of the price that investors are ready to pay even for no growth in the business.
Pidilite Industries Ltd. belongs to the Diversified industry.
