Are you prepared to take a trip into the share price forecast for Pidilite Industries? In this essay, we examine the expected share price objectives from 2023 to 2030 by looking into the financial prognostication crystal ball. We traverse the data as investors look for growth prospects, examining market trends, revenue growth, and profit growth. Every investor’s top concern: Is Pidilite Industries a decent stock to buy? Join us as we review analyst suggestions, analyse risks, and uncover possibilities. Get ready for a wild journey as we reveal the mysteries underlying Pidilite Industries’ target share price and open the door to your investing options.
Contents
Below are the trading platforms that you can use to purchase Pidilite Industries shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| May 2023 | ₹2,654.00 | ₹2,041.54 |
| June 2023 | ₹3,184.80 | ₹2,449.85 |
| July 2023 | ₹3,821.76 | ₹2,939.82 |
| August 2023 | ₹4,203.94 | ₹3,233.80 |
| September 2023 | ₹4,414.13 | ₹3,395.49 |
| October 2023 | ₹4,203.94 | ₹3,233.80 |
| November 2023 | ₹4,624.33 | ₹3,557.18 |
| December 2023 | ₹5,179.25 | ₹3,984.04 |
The table represents the predicted share prices of Pidilite Industries for the year 2023. The maximum price for the shares gradually increases from ₹2,654.00 in May to ₹5,179.25 in December, indicating a bullish trend and potential growth. Similarly, the minimum price also shows an upward trajectory, starting at ₹2,041.54 in May and reaching ₹3,984.04 in December. This signifies a positive uptrend in the company’s stock. Overall, Pidilite Industries is projected to experience significant price fluctuations throughout the year, with substantial growth potential and a generally positive outlook.
| When | Maximum Price | Minimum Price |
| January 2024 | ₹5,451.84 | ₹4,193.72 |
| February 2024 | ₹6,125.66 | ₹5,104.72 |
| March 2024 | ₹6,448.07 | ₹5,242.33 |
| April 2024 | ₹5,861.88 | ₹4,509.14 |
| May 2024 | ₹4,884.90 | ₹3,757.62 |
| June 2024 | ₹5,861.88 | ₹4,509.14 |
| July 2024 | ₹4,982.60 | ₹3,862.48 |
| August 2024 | ₹5,480.86 | ₹4,349.89 |
| September 2024 | ₹5,754.90 | ₹4,426.85 |
| October 2024 | ₹6,770.47 | ₹5,208.05 |
| November 2024 | ₹7,108.99 | ₹5,468.46 |
| December 2024 | ₹7,251.17 | ₹5,577.83 |
The table represents the projected share price targets for Pidilite Industries in 2024. The maximum price target gradually increases throughout the year, starting at ₹5,451.84 in January and reaching ₹7,251.17 in December. This indicates a potentially strong return on investment for shareholders. Similarly, the minimum price target also shows an upward trend, ranging from ₹4,193.72 in January to ₹5,577.83 in December. While the share prices exhibit some fluctuations, overall, the trend suggests a positive outlook for Pidilite Industries’ stock in 2024. It is important to note that the company’s shares are projected to experience both bullish and bearish phases throughout the year, offering potential opportunities for investors to capitalize on market movements.
| When | Maximum Price | Minimum Price |
| January 2025 | ₹7,396.20 | ₹5,689.38 |
| February 2025 | ₹7,785.47 | ₹5,988.82 |
| March 2025 | ₹8,174.75 | ₹6,288.27 |
| April 2025 | ₹7,298.88 | ₹5,614.52 |
| May 2025 | ₹6,635.35 | ₹5,104.11 |
| June 2025 | ₹7,298.88 | ₹5,614.52 |
| July 2025 | ₹6,951.31 | ₹5,347.16 |
| August 2025 | ₹7,240.95 | ₹5,569.96 |
| September 2025 | ₹7,603.00 | ₹5,848.46 |
| October 2025 | ₹8,059.18 | ₹6,199.37 |
| November 2025 | ₹8,623.32 | ₹6,633.32 |
| December 2025 | ₹8,795.79 | ₹6,765.99 |
The table provides the projected share price targets for Pidilite Industries in 2025. The maximum price target gradually increases throughout the year, starting at ₹7,396.20 in January and reaching ₹8,795.79 in December. On the other hand, the minimum price target shows a similar upward trend, ranging from ₹5,689.38 in January to ₹6,765.99 in December. These targets indicate potential growth and upside for investors. The average target for the year can be calculated by averaging the maximum and minimum targets for each month. Pidilite Industries’ stock is expected to experience fluctuations throughout the year, offering potential opportunities for investors. It is recommended to closely monitor the market and evaluate the company’s performance to make informed investment decisions.
| Year | Maximum Price | Minimum Price |
| 2023 | ₹5,179.25 | ₹2,041.54 |
| 2024 | ₹7,251.17 | ₹4,193.72 |
| 2025 | ₹8,795.79 | ₹5,614.52 |
| 2026 | ₹6,157.05 | ₹4,309.94 |
| 2027 | ₹5,233.49 | ₹3,663.45 |
| 2028 | ₹9,420.29 | ₹6,594.20 |
| 2029 | ₹19,350.73 | ₹13,545.51 |
| 2030 | ₹21,549.68 | ₹15,084.78 |
Based on the provided data, the share price targets for Pidilite Industries show a fluctuating trend from 2026 to 2030. In 2026, the maximum price target is ₹6,157.05, while the minimum price target is ₹4,309.94. The share price targets continue to vary in the subsequent years, with the maximum and minimum prices increasing gradually. By 2030, the maximum price target reaches ₹21,549.68, while the minimum price target reaches ₹15,084.78. These projections indicate a potential upward trajectory for Pidilite Industries’ stock over the specified period. It is important for investors to consider market conditions, industry trends, and the company’s performance when assessing the feasibility of these share price targets.
Financial Condition of Pidilite Industries: Last 5 years
| Narration | Mar-19 | Mar-20 | Mar-21 | Mar-22 | Mar-23 |
| Sales | 7,077.96 | 7,294.47 | 7,292.71 | 9,920.96 | 11,799.10 |
| Expenses | 5,707.32 | 5,718.45 | 5,606.36 | 8,064.55 | 9,814.73 |
| Operating Profit | 1,370.64 | 1,576.02 | 1,686.35 | 1,856.41 | 1,984.37 |
| Other Income | 129.79 | 97.27 | 74.03 | 39.06 | 56.25 |
| Depreciation | 132.74 | 169.92 | 200.66 | 239.61 | 269.74 |
| Interest | 26.07 | 33.60 | 37.23 | 42.08 | 47.64 |
| Profit before tax | 1,341.62 | 1,469.77 | 1,522.49 | 1,613.78 | 1,723.24 |
| Tax | 413.23 | 347.72 | 396.36 | 407.02 | 434.37 |
| Net profit | 924.91 | 1,116.42 | 1,131.21 | 1,207.56 | 1,273.25 |
| EPS | 18.21 | 21.97 | 22.26 | 23.76 | 25.05 |
| Price to earning | 68.45 | 61.73 | 81.29 | 103.31 | 93.94 |
| Price | 1,246.25 | 1,356.40 | 1,809.40 | 2,454.30 | 2,353.00 |
| RATIOS: | |||||
| Dividend Payout | 35.70% | 31.86% | 38.19% | 42.09% | 43.91% |
| OPM | 19.36% | 21.61% | 23.12% | 18.71% | 16.82% |
Pidilite Industries has demonstrated consistent growth in its financial performance over the last five years. The company’s revenue has experienced a notable increase, with sales rising from ₹7,077.96 crore in March 2019 to ₹11,799.10 crore in March 2023, indicating a significant percentage growth. Similarly, the net profit has steadily increased from ₹924.91 crore in March 2019 to ₹1,273.25 crore in March 2023. This growth in profit can be attributed to the company’s effective management of expenses and the steady improvement in operating profit. Furthermore, the earnings per share (EPS) have also shown consistent growth, reaching ₹25.05 in March 2023. Pidilite Industries’ financial ratios reflect positive trends, with an improving operating profit margin (OPM) over the years. The company’s performance indicates its ability to generate sustainable profits and maintain a strong position in the market.
Sharekhan on Pidilite Industries share price target
Sharekhan has given a buy call on Pidilite Industries. According to him, you can continue buying Pidilite Industries share with a target price of Rs2780.
Motilal Oswal on Pidilite Industries share price target
Motilal Oswal has given a buy call on Pidilite Industries. According to him, you can continue buying Pidilite Industries share with a target price of Rs2850.
FAQS
The projected share price target for Pidilite Industries ranges from ₹2,654.00 in May 2023 to ₹21,549.68 in December 2030.
The company’s share price has shown an upward trend with consistent growth over the years.
Factors such as revenue growth, profit growth, market trends, and company performance influence the projected share price targets.
The average growth rate of the share price for Pidilite Industries during 2023-2030 can be calculated by considering the percentage change in prices from the start to the end of the period.
Major company announcements, industry developments, economic factors, and market conditions can all impact the share price of Pidilite Industries.
Risks can include market volatility, regulatory changes, competition, and company-specific factors that may affect the financial performance and share price.
Analyst recommendations and target prices from reputable sources can provide insights into the expected performance and potential upside for the company’s shares.
Investors can monitor stock market platforms, financial news sources, and the company’s official announcements to stay informed about share price movements and relevant updates.
What should investors consider before making investment decisions?
Investors should evaluate their risk tolerance, investment goals, and conduct thorough research on the company’s fundamentals, financials, and market conditions before making investment decisions.
Projected share price targets serve as a reference point, but investors should consider them alongside other factors such as fundamental analysis, market trends, and their own investment strategy for a well-informed decision-making process.
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Conclusion
In conclusion, during the previous five years, Pidilite Industries has shown amazing increase in its income, net profit, revenue, and profitability. The company has displayed an excellent revenue growth of almost 67%, going from $7,077.96 crore in March 2019 to $11,799.10 crore in March 2023. Additionally, there has been a significant increase in net profit, which increased from 924.91 crore in March 2019 to 1,273.25 crore in March 2023, representing a profit gain of about 37%. These favourable financial indications point to a promising future for the shares of Pidilite Industries. Pidilite Industries’ shares seem to be a strong long-term investment choice given the company’s steady income growth and profitability.
