Pidilite is an Indian company that produces adhesives, pigments, sealants, and other chemical products for industrial and consumer use. But as an investor, we are here to predict the stock price for the years 2024, 2025, 2026, 2028, 2030, and 2035 with in-depth research.
It is an established company and has been showing stable financial performance over the years. The current share price is 2647.26 which shows an up of 19.21% in the last six months.
However, the company is well known for its Fevicol Brand of Adhesives and huge demand in the market. Besides, it also produces construction and leather chemicals, pigments, art materials, textile resins, etc.
Based on our research and technical analysis, the maximum target price for Pidilite shares by 2025 and 2030 are Rs 3948.80 and Rs 4447.79 respectively.
We can expect a significant growth rate for the long term as per its records. But in the short term, it is showing an average.
Pidilite Stock – Overview
Pidilite has a presence in India as well as in many other countries of the world. It was established in 1959 and is headquartered in Mumbai, India.
The company spends a lot of money on innovation and R&D to develop new products and improve existing products. This helps in staying ahead of the competition and meeting the needs of customers.
Its product series is good and it is in great demand in the market. Anyway, here is an overview of its stock details which are as follows:
| Revenue (2023) | ₹11,845 crore |
| Net Profit | ₹1,285 crore |
| Net profit margin | 10.90% |
| Face value | 1 |
Pidilite Share Price Target for 2024 to 2035
The company has shown stable performance over the past few years, and there has been no meteoric rise in the share price. Given below is the future value of Pidilite shares for the years 2024 to 2035.
| Year | Low | High |
|---|---|---|
| 2024 | ₹2,781.60 | ₹3,423.25 |
| 2025 | ₹3,452.25 | ₹3,948.80 |
| 2026 | ₹3,883.30 | ₹4,441.35 |
| 2027 | ₹4,541.35 | ₹4,839.50 |
| 2028 | ₹4,735.95 | ₹5,886.30 |
| 2029 | ₹5,839.60 | ₹6,898.35 |
| 2030 | ₹6,812.15 | ₹7,932.55 |
| 2035 | ₹11,130.20 | ₹12,600.50 |
Pidilite Share Price Target for 2024
Based on our research and analysis, the Pidilite share price for the year 2024 could be Rs 3081.20 to Rs 3423.25.
| Target | Target Price |
|---|---|
| Target-I | ₹2,781.20 |
| Target-II | ₹3,423.25 |
Pidilite Share Price Target for 2025
Based on our technical analysis, Pidilite share price can reach Rs 3452.25 to Rs 3848.80 by 2025.
| Target | Target Price |
|---|---|
| Target-I | ₹3,989.25 |
| Target-II | ₹4,348.80 |
Pidilite forecast chart:
Pidilite Share Price Target for 2026
According to market trends and technical analysis, the maximum target price of Pidilite share can reach from Rs 4169.15 to Rs 4441.35.
| Target | Target Price |
|---|---|
| Target-I | ₹4,169.15 |
| Target-II | ₹4,441.35 |
Pidilite Share Price Target for 2027
According to expert opinion, the minimum price of Pidilite shares can reach Rs 4541.35, and the maximum price can reach Rs 4839.50.
| Target | Target Price |
|---|---|
| Target-I | ₹4,641.35 |
| Target-II | ₹4,839.50 |
Pidilite Share Price Target for 2028
According to our analysis, the maximum target price of Pidilite shares in 2028 is Rs 4735.95 to Rs 5886.30.
| Target | Target Price |
|---|---|
| Target-I | ₹5,426.20 |
| Target-II | ₹5,886.30 |
Pidilite Share Price Target for 2029
According to market trends, the share price may reach Rs 5839.55 to Rs 6898.35 by 2029.,
| Target | Target Price |
|---|---|
| Target-I | ₹6,237.55 |
| Target-II | ₹6,898.35 |
Pidilite Share Price Target for 2030
According to our analysis and forecast system, the minimum target price for Pidilite shares is Rs 6812.15. At the same time, the maximum target price of Pidilite can reach Rs 7932.55.
| Target | Target Price |
|---|---|
| Target-I | ₹7,354.45 |
| Target-II | ₹7,932.55 |
Pidilite Share Price Target for 2035
Based on our research, the minimum and maximum target prices for Pidilite shares are Rs 11,130.20 and 12,600.50, respectively.
Pidilite Shareholding Pattern
- Promoters: 69.54%
- Foreign Institutions: 10.08%
- Domestic Institutions: 4.31%
- Mutual Funds: 4.06%
- Others: 12.01%
Risk factors
There are several risk factors that one must be aware of before investing, which are mentioned below:
- Raw Material Cost: A variety of raw materials are used for chemicals. Therefore, fluctuations in the prices of these raw materials can negatively impact the company’s profits.
- Competition: Pidilite is not the only one in the market, there are many domestic and international companies. Therefore, there may always pricing pressure due to competition.
- Economic Status of Countries: Pidilite’s financial performance is linked to India and other countries where it operates. In such a situation, an economic recession can reduce the demand for products, as well as have negative effects.
- New Rules & Regulations: Sometimes the rules and regulations imposed by the government may go against the company.
Pidilite Business Strategy
The company maintains strong relationships with customers, provides high-quality products, and expands into new markets.
It also has many distribution networks and also provides technical support which helps in customer engagement.
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FAQs
Pidilite Industries Ltd is an Indian manufacturer that sells adhesives, construction chemicals, and industrial resins. Here are some frequently asked questions regarding Pidilite share price:
A: The current share price of Pidilite is Rs 2784.50, but by 2028 it can reach the level of Rs 5,426.20 to Rs 5886.30.
The highest target price for Pidilite shares is Rs 3989.25 to Rs 4348.80 by 2025.
A: You can buy through a brokerage firm by opening a Demat/Trading account.
A: The maximum target price of Pidilite shares in 2030 is Rs 7354.45 to Rs 7932.55.
Disclaimer: Price predictions on our website (banksala.com) are for general information only. Any material we provide should not be considered financial advice. Trading is an uncertain business, please consult your financial advisor before investing.
