Pidilite Share Price Target 2024, 2025, 2030, 2040, 2050

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Pidilite is one of the popular brands in India which makes chemical substances for regular people and for industrial use too. The company’s headquarters is in Mumbai, India established in 1959.

Till now the company is becoming more strong and providing a good quality product to the consumers.

What is Pidilite Industries Limited NSE: PIDILITIND?

Pidilite Industries Limited is India’s top company which makes various products including construction chemicals, craft supplies, DIY items, glue, sealants etc. It makes the products for the individual people’s use and also for the industrial uses. Their well-known brand are Fevikwik, Roff, Dr Fixit, Fevicryl, Motomax, M-Seal etc. The company has much trust in the market and has very good market capital.

Pidilite Share Price Target Tomorrow

Its one-day chart shows the stock is going up, but the upward trend seems getting weaker. The price is above 3218 and as long as it stays above this, the stock may keep going up. The prediction for tomorrow is uncertain as the uptrend is getting weaker. It could either go up or down. It’s better to wait and see how the stock moves in the first half of the day before making any decisions. So for tomorrow as per our analysis, its price would be ₹3330.

YearMinimum Price (Rs)Maximum Price (Rs)
2024-40+50

Pidilite Share Price Target 2024

It is the leading company in the market for products like Fevistik, Fevicol, and Fevikwik. Almost everyone knows and trusts these products, they have great brand value in the market. Because of this strong position, the company’s sales keep growing each year, and the management believes this growth will continue. So in 2024, its price target would be ₹3500.

In 2024, its share price would be between ₹2470 to ₹3500 as per our analysis.

YearMinimum Price (Rs)Maximum Price (Rs)
202424703500
MonthMinimum Price (Rs)Maximum Price (Rs)
January24702800
February24902750
March26703022
April27903070
May27603102
June28903214
July30403230
August30003270
September31253150
October32103280
November32563311
December33503500

Pidilite Share Price Target 2025

As it is capturing a big market attraction, it expanding its range of products. They introduce new products with great strength and as it makes multiple products there is less chance to be in loss if one of the products does not perform well in the market. The management team of this company knows the customer needs, and by launching the products which fulfil their needs get more attention. By 2025, its share price target would be ₹4305.

As per our experts, its share price would be between ₹3500 to ₹4305 in 2025.

YearMinimum Price (Rs)Maximum Price (Rs)
202535004305
MonthMinimum Price (Rs)Maximum Price (Rs)
January35003611
February35803655
March36073698
April36603720
May37133834
June37543850
July37063891
August38124046
September38504148
October39114230
November40374254
December41374305

Share Price Target 2030

The company is continuously spreading its products as it has a very strong distribution network. So to be more accessible, it plans to make its distribution network even better by increasing the number of distributors. It helps the company to reach the all market whether small or big market. Also, it increasing its product range to attract more people. So in the year 2030, its share price target would be ₹9021 as per our expectation.

As per the analysis, its share price target will be between ₹7710 to ₹9021 in 2030.

YearMinimum Price (Rs)Maximum Price (Rs)
203077109021
MonthMinimum Price (Rs)Maximum Price (Rs)
January77107803
February77647867
March78127923
April79007955
May78937960
June79498025
July80118135
August82348397
September83468543
October84168645
November85468712
December87119021

Share Price Target 2040

As the company grow they always expect to grow the company for a long time. this company invest a large amount on the research and development team to keep improving and introducing new product for the future to stay a strong competitor in the market. In the future, they plan to launch many new and upgraded products, which are expected to accelerate more to the growth of the company. By the year 2040, its share price would be ₹16142.

By 2040, its share price would be between ₹13170 to ₹16142.

YearMinimum Price (Rs)Maximum Price (Rs)
20401317016142
MonthMinimum Price (Rs)Maximum Price (Rs)
January1317013560
February1334513670
March1355713861
April1365713970
May1387514354
June1432414523
July1452714740
August1472114990
September1534515580
October1581115920
November1575415956
December1590016142

Share Price Target 2050

The company is doing very hard work to grow its business in outside the country. The management wants to make its products well-known in the most of the countries. The company approaches the subsidiary company to launch its product in the market that they haven’t reached. Right now, the company is supplying its product to Brazil, Thailand, Egypt, Bangladesh and the USA. In 2050 it is expected ₹29340 as its share price target.

By the year 2050, its share price would be between ₹27560 to ₹29340.

YearMinimum Price (Rs)Maximum Price (Rs)
20502756029340
MonthMinimum Price (Rs)Maximum Price (Rs)
January2756027723
February2761327861
March2781227923
April2791228240
May2810028426
June2837828576
July2851228874
August2843028820
September2856128913
October2882329030
November2914029245
December2927029340

Pidilite Share Price forecast

YearMinimum Price (Rs)Maximum Price (Rs)
202424703500
202535004305
203077109021
20401317016142
20502756029340

Should I Buy Pidilite Stock?

It is one of the oldest companies with had very strong market presence not only in India but outside too. The company made multiple products providing the best quality at a very valuable price. The company plan to increase its product range and try to reach more countries to do business. Also, its performance in the stock market seems very good. So for the long term, you can think of it to invest.

Pidilite Industries Ltd Earning Results

Mcap Full (Cr.)1,66,377.65
Turnover (Cr.)3.38
TTQ (Lakh)0.10
EPS (TTM) 37.03
CEPS (TTM)42.93
ROE22.59
Face Value1.00
NPM %17.53
OPM %26.16
Cash EPS12.27
EPS10.84
Revenue3,145.84
Net Profit551.57

Key Metrics

TTM PE RatioPB RatioDividend YieldSector PESector PBSector Div Yld
90.6119.220.49%32.893.731.14%

Peers & Comparison

StockPE RatioPB RatioDividend Yield
Pidilite Industries Ltd95.7819.220.49%
SRF Ltd54.416.330.29%
PI Industries Ltd41.698.030.33%
Godrej Industries Ltd688.552.73

Is Pidilite Stock Good to Buy? (Bull case & Bear case)

Bull Case:

  • The company owns well-known brands like Fevicol, which have a strong market value.
  • It is one of the dominating companies that makes and supplies construction chemicals in India.
  • With the growth in construction, infrastructure, and home improvement sectors, it is always in demand.
  • The company has very good financial condition, generating a good profit every year. Also, the company has very little debt which can easily be paid on time.
  • The company invests in research and development to always provide a unique and best product to the people

Bear Case:

  • Pidilite depends on chemicals like vinyl acetate monomer, which can be volatile in price. Rising raw material costs could impact its profit.
  • Growing competition from other domestic and international brands could impact its market share.

Conclusion

So In this article, we have discussed Pidilite company. The company is one of the top brands in its sector. It has great networking so its product easily reaches to all the people even if it does business globally. We have discussed its upcoming predicted price in the coming year. So if you thinking of investing in this stock then read the whole article to get a clear-cut picture.

FAQs

As of September 25, 2024, its P/E ratio is 90.61.

 As per the analysis, its share price target will be between ₹7710 to ₹9021 in 2030.

Yes, it does.

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