ICICI Securities: Pidilite Industries Strategically Covering Gaps In Portfolio, Distribution 
Fevicol, a product of Pidilite Industries. (Source: company website)

ICICI Securities: Pidilite Industries Strategically Covering Gaps In Portfolio, Distribution 

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Securities Report

We hosted Pidilite Industries Ltd.’s Chief Financial Officer Mr. Pradip Menon for interacting with a small group of investors. The key takeaways are -

While growth momentum seems to have sustained, the company remains cautiously optimistic post Q2 FY21 due to renewed Covid-19 cases across the globe.

Input costs have started hardening post Q2 and have increased faster in the past three to four weeks.

The company may keep an eye on merger and acquisition opportunities (e.g. arts and crafts material segment), but believes it has managed to cover gaps in a large part of its consumer and bazaar portfolio.

Click on the attachment to read the full report:

ICICI Securities Pidilite Company Update.pdf

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