Introduction

Pidilite Industries Limited, a renowned Indian multinational company, has a substantial market presence due to its wide range of adhesive and construction chemical products. This blog aims to provide crucial information about Pidilite’s IPO launch, current share price, products, financial details, and analyze what Rs 10,000 invested five years ago would be worth today.

Pidilite Industries Limited IPO Details

Pidilite Industries Limited had its Initial Public Offering (IPO) on March 19, 1993. The company initially came into the stock market with a modest issue size. The IPO share price at the time was Rs 1.20 per share, which might seem minuscule compared to today’s valuations but offered an extraordinary opportunity for early investors.

Current Share Price

As of the most recent update in 2023, Pidilite Industries Limited shares are traded at approximately Rs 2,380. This substantial increase indicates the remarkable growth and trust investors have in the company’s business model and future prospects.

Products Offered by Pidilite Industries Limited

Pidilite is best known for its flagship product, Fevicol. However, the company offers a wide array of other products across various segments:

• Adhesives & Sealants: Fevicol, Fevi Kwik, M-Seal
• Construction Chemicals: Roff, Steelgrip
• Art and Stationery: Fevicryl, Fevistic
• Maintenance Chemicals: WD-40 (exclusive distributor in India)
• Others: Dr. Fixit, Hobby Ideas

Financial Details

Pidilite Industries Limited has consistently showcased strong financial performance. As per their latest financials:

• Revenue: Rs 11,938 crore (FY 2022-23)
• Net Profit: Rs 2,081 crore (FY 2022-23)
• EPS (Earnings Per Share): Rs 40.60
• Revenue Growth Rate: 21% YoY
• Net Profit Growth Rate: 23% YoY

The Value of Rs 10,000 Invested Five Years Ago

If you had invested Rs 10,000 in Pidilite Industries Limited five years ago, you would certainly be pleased with your decision today. Let’s calculate the approximate value of this investment:

Based on the share price five years ago (2018), which was around Rs 1,000, you would have bought approximately 10 shares.

Given the current share price of Rs 2,380, your investment would be worth:

10 shares x Rs 2,380/share = Rs 23,800.

This means a Rs 10,000 investment in Pidilite Industries Limited five years ago has more than doubled and is now worth approximately Rs 23,800, translating to a 138% return on investment.

Conclusion

Pidilite Industries Limited has proven to be a robust investment over the years, thanks to its diversified product portfolio, consistent financial growth, and trustworthy brand image. Whether you’re an existing investor or considering entering the market, Pidilite remains a strong contender in the adhesives and chemicals industry in India.

For continuous growth and investment opportunities, keeping an eye on Pidilite’s market strategies and financial performance is crucial. Happy investing!