Pidilite’s ‘Most Consistent Wealth Creator’ Title Likely To Stay, Says Motilal Oswal
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Motilal Oswal Report
As a part of our Wealth Creation Study, Mr Bharat Puri – Managing Director of Pidilite Industries Ltd., highlighted certain factors he attributes to the company being ranked -
- second among all-round wealth creators over 1995–2020;
- fourth among the most consistent wealth creators over 1995–2020;
- among the biggest wealth creators over 1995–2020.
Moreover, the company has been ranked as the most consistent wealth creator of the recent decade (2010–20).
While near-term valuations at 68.2 times FY22 earning per share appear challenging, two main factors have resulted in robust topline and earnings growth for the company in the past; these are likely to help sustain strong growth in the future as well.
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