Is Pidilite Industries the Best Stock in Its Sector? A Look at the Numbers
- October 12, 2026
- Posted by: Neeraj Pandey
- Category: Market
Pidilite Industries CMP Rs 1,462 (12 Oct 2026). Market cap Rs 1,50,759 Cr. ROE 22.61%. P/E 56.34x versus Industry P/E 35.97x.
Quick Answer
Pidilite Industries is one of the names investors compare when screening the Chemicals sector, built on a 22.61% return on equity and a P/E of 56.34x against an Industry P/E of 35.97x. Whether Pidilite Industries is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named Chemicals sector peers, so you can judge that for yourself.
Is Pidilite Industries the best stock in its sector? The stock trades on the NSE at Rs 1,462 as of 12 October 2026, within its 52-week range of Rs 1,259.00 to Rs 1,707.50. Pidilite Industries Ltd, headquartered in Mumbai, is a leading Indian maker of adhesives, sealants and construction and hobby chemicals, with Fevicol among its best known brands.
Pidilite Industries sits in the Chemicals sector, and its 22.61% ROE and 56.34x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P/E benchmark.
Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers
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About Pidilite Industries
Pidilite Industries Ltd, headquartered in Mumbai, is a leading Indian maker of adhesives, sealants and construction and hobby chemicals, with Fevicol among its best known brands. Its products are used widely by carpenters, builders and households. The stock trades about 14 percent below its 52-week high and about 16 percent above its 52-week low. At a market capitalisation of Rs 1,50,759 Cr, it is tracked as part of the Chemicals sector on Univest.
Is Pidilite Industries the Best Stock in Its Sector?
Pidilite Industries makes its case as the best stock in its sector primarily on return on equity and balance sheet strength, combining a 22.61% ROE with a 56.34x P/E against the sector’s 35.97x Industry P/E. Pidilite’s 56.34x P/E is well above the 35.97x Industry P/E, supported by a 22.61% ROE and a debt to equity ratio of 0.04, so the stock is priced for quality and growth rather than value.
| Metric | Pidilite Industries |
|---|---|
| CMP (NSE) | Rs 1,462.50 |
| 52-Week High / Low | Rs 1,707.50 / Rs 1,259.00 |
| Market Cap | Rs 1,50,759 Cr |
| P/E (TTM) vs Industry P/E | 56.34x vs 35.97x |
| P/B | 13.92 |
| ROE | 22.61% |
| EPS (TTM) | Rs 26.27 |
| Dividend Yield | 0.78% |
| Debt to Equity | 0.04 |
Compare Pidilite Industries Against Other Chemicals Sector Stocks
How Pidilite Industries Compares Against Its Chemicals Sector Peers
The table below sets Pidilite Industries against 2 other Chemicals sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.
| Company | Market Cap (Rs Cr) | P/E | ROE | Debt to Equity |
|---|---|---|---|---|
| Pidilite Industries | 1,50,759 | 56.34 | 22.61% | 0.04 |
| Asian Paints | 2,24,932 | 46.50 | 20.24% | 0.18 |
| Berger Paints India | 55,006 | 45.14 | 16.29% | 0.09 |
| Peer average (2 companies) | – | 45.82 | 18.27% | 0.14 |
Against this peer set, Pidilite Industries’s 22.61% ROE is above the 18.27% peer average, and its P/E of 56.34x runs above the peer average of 45.82x. Pidilite’s 56.34x P/E is well above the 35.97x Industry P/E, supported by a 22.61% ROE and a debt to equity ratio of 0.04, so the stock is priced for quality and growth rather than value.
What Makes Pidilite Industries Worth Watching in Chemicals
- Strong returns: A 22.61% ROE reflects a profitable, asset-light model.
- Near debt free: A debt to equity ratio of 0.04 leaves the balance sheet very clean.
- Rich valuation: A 56.34x P/E and a 13.92 P/B show how much is already priced in.
Pidilite Industries Valuation: Is It Justified?
Pidilite’s 56.34x P/E is well above the 35.97x Industry P/E, supported by a 22.61% ROE and a debt to equity ratio of 0.04, so the stock is priced for quality and growth rather than value. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.
Also read – Is Sun Pharma the Best Stock in Its Sector? A Look at the Numbers
Download the Univest iOS App or Univest Android App to track Pidilite Industries and other Chemicals sector stocks.
How to Track Pidilite Industries Before You Invest
Before deciding whether Pidilite Industries deserves its label as the best stock in its sector for your own portfolio, compare it directly against Chemicals sector peers using the steps below.
- Open the Univest Screener and search for Pidilite Industries to view live price, valuation ratios, and peer comparisons within the Chemicals sector.
- Compare its P/E, P/B, and ROE against other Chemicals sector stocks before deciding if the current valuation fits your strategy.
- Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
- Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.
Conclusion
Pidilite Industries earns a place in the best stock in its sector conversation on the strength of a 22.61% ROE and a P/E of 56.34x against a 35.97x Industry P/E, with named peer comparisons in this article backing up that picture. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Is Pidilite Industries the best stock in its sector?
Ans. Pidilite Industries has a 22.61% ROE and trades at 56.34x P/E against a 35.97x Industry P/E, and compares above the peer average ROE of 18.27% in this article’s named comparison, so the answer depends on what an investor is prioritising.
What is the current share price of Pidilite Industries?
Ans. Pidilite Industries was trading at Rs 1,462.50 on the NSE as of 12 October 2026, within its 52-week range of Rs 1,259.00 to Rs 1,707.50.
What sector does Pidilite Industries belong to?
Ans. Pidilite Industries is classified under the Chemicals sector on Univest.
How does Pidilite Industries compare to its sector peers on P/E?
Ans. Pidilite Industries’s P/E of 56.34x is above the 45.82x average of the 2 named peers compared in this article.
What is Pidilite Industries’s return on equity?
Ans. Pidilite Industries reported a return on equity of 22.61%, which is above the 18.27% average of its named peers in this comparison.
Should I invest in Pidilite Industries based on its sector position?
Ans. Pidilite Industries’s sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.
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