Pidilite industries limited

Pidilite industries IPO & Bonus share history

If someone would have invested Rs 10000 in Pidilite industries IPO . What would present value?

PIDILITE INDUSTRIES LIMITED

About

Pidilite company was started by Madhukar Parekh 63 years ago. Pidilite is a monopoly company in adhesive construction in her own field. Pidilite company provides product solution and service solutions

Product solution of pidilite company are adhesives technology, wood finishing and paints, automotive, technical textiles, MEP, Tile adhesive and tile grouts, wood working.

Service solutions of pidilite industries – OEM, waterproofing .

Pidilite is the market leader in adhesives industry, construction chemicals and art materials.

Top brands of pidilite industries are

• Fevicol

• Fevicol MR • Dr. Fixit

• M-Seal • Fevistick

Fevicol is the key product of Pidilite industries Ltd. In 2004 Pidilite first time record Rs 1,000 crore turnover. Pidilite industries product uses many industrial like textile and paper chemical, Industrial resins, leather chemical, industrial adhesive, footwear adhesive, industrial bonding solution and maintainence, repair and overhaul solution

Some important key metrics of Pidilite industries

1. Market cap. – 1,21,146 crore

2. CMP (current market price) – Rs 2500

3. Debt – 105 crore

4. Cash – 119 cr

5. Dividend yield – 0.42%

Shareholding pattern of Pidilite industries Ltd

01 Promoters – 69.94%

02 MF (Mutual fund) – 4.21%

03 DII – 4.26%

04 FII -10.61 %

05 Retail and others- 10.98%

Pidilite industries Bonus and stock split history Pidilite industries IPO came in 1993 . In 1993 one share price of Pidilite industries is Rs 100 per share . Let us assume if someone invested Rs 10000 in Pidilite industries IPO he got 100 shares Let’s find out the present value of 100 shares.

Pidilite industries Ltd Bonus and stock split history

Pidilite industries gave 3 times bonus share and 1 time stock split since 1993

01 Bonus 1:1 (1996) – 200 shares

02 Bonus 1:1 (2000) – 400 shares

04 Bonus 1:1 (2010) – 8,000 shares

In 2023 pidilite industries convert your 100 share to 8,000 shares

Present value of 8,000 shares of Pidilite industries is Rs 20,000,000

Means Pidilite industries convert your Rs 10000 into Rs 2 crore

CAGR of Pidilite industries is 29.97% Note – Compounding is the 8th wonder of this world

Time period – 29 years

Some interesting fact about Pidilite industries Ltd Pidilite has market leading brand like Fevicol Fevikwik & Dr. Fixit. Fevicol has market share 70%. Pidilite have many fastest growing brand is on track of growth. Pidilite balance sheet is very strong. Pidilite industries will keep growing & keep rewarding it’s shareholders in future also. India is developing countries. Pidilite company will also grow with the growth of India.