Pidilite Industries Ltd.

NSE: PIDILITIND | BSE: 500331 | ISIN: INE318A01026 |Industry: Specialty Chemicals
|Expensive Star
1527.80 -8.20 (-0.53%)
NSE Oct 20, 2020 11:14 AM
Volume: 740.4K

Pidilite Industries Ltd.    
15 Sep 2020
Motilal Oswal
The company targets ~INR1b revenue or higher for the Pioneer categories over the next The Core business (Fevicol and sub-brands Fevikwik, M-Seal, and Fevicryl) is likely to grow at 12x GDP. This means that and Bazaar (C&B;) and B2B products over the next three to four years, by the end of which the Growth and Pioneer categories are likely to comprise around half of sales. The companys clutter-breaking marketing is also Compared with the erstwhile approach of focusing on a multitude of geographies, including the US and Brazil, in recent years, the company has decided to focus on certain emerging markets with high growth potential and where an India-like All the Pioneer category brands are in the nascent categories; thus, the company is trying to grow the categories using innovation and technology and by leveraging on R&D; is gaining increasing importance, with a nearly 2.5x increase seen in R&D; spends over the past five years.
Pidilite Industries Ltd. is trading above all available SMAs
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