Pidilite Industries (BOM:500331) ROCE %: 26.69% (As of Mar. 2026)


BOM:500331 Pidilite Industries Ltd BOM:500331
96 GF Score
Price ₹1,595.80
GF Value ₹1,701.53
Valuation Fairly Valued
! 4 Warning Signs
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What is Pidilite Industries ROCE %?

Pidilite Industries BOM:500331 +1.01% 96 ROCE % is 26.69% as of Mar. 2026. GuruFocus rates BOM:500331 with a GF Score™ of 96/100 and a GF Value™ of ₹1,701.53 (Fairly Valued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Pidilite Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 26.69%.

Pidilite Industries  (BOM:500331) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Pidilite Industries ROCE % Related Terms

Pidilite Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Pidilite Industries's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Pidilite Industries ROCE % Chart

Pidilite Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.38 23.14 27.90 28.69 29.90

Pidilite Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.03 34.71 30.45 32.44 26.69
BOM:500331
96GF Score
Pidilite Industries Ltd BOM:500331
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pidilite Industries ROCE % Calculation

Pidilite Industries's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=33743.9/( ( (140114.7 - 32898.5) + (154328.9 - 35853.7) )/ 2 )
=33743.9/( (107216.2+118475.2)/ 2 )
=33743.9/112845.7
=29.90 %

Pidilite Industries's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=31621.6/( ( (0 - 0) + (154328.9 - 35853.7) )/ 1 )
=31621.6/( ( 0 + 118475.2 )/ 1 )
=31621.6/118475.2
=26.69 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 26.69% mean?
Pidilite Industries (BOM:500331) has a ROCE % of 26.69% as of Mar. 2026.
Is Pidilite Industries' ROCE % too high?
Pidilite Industries' current ROCE % is 26.69%. The Chemicals industry median ROCE % is 6.42. Pidilite Industries' value of 26.69% is 315.7% above this industry median. Overall, Pidilite Industries has a GF Score™ of 96/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Pidilite Industries' ROCE % compare to LIN and SHW?
Pidilite Industries' ROCE % of 26.69% can be compared against companies in the Chemicals industry. The industry median ROCE % is 6.42. Pidilite Industries' value of 26.69% is 315.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Chemicals company?
The median ROCE % among Chemicals companies is 6.42, based on 1,595 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Pidilite Industries's current ROCE % of 26.69% is 315.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Chemicals industry, the median ROCE % is 6.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Pidilite Industries's current ROCE % is 26.69%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pidilite Industries stock overvalued right now?
Based on GuruFocus' analysis, Pidilite Industries (BOM:500331) is currently considered Fairly Valued. The stock's GF Value™ is ₹1,701.53, compared to a current price of ₹1,595.80 — trading 6.2% below its estimated fair value. The current ROCE % is 26.69% and 315.7% above the Chemicals industry median of 6.42. Pidilite Industries' overall GF Score™ is 96/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Pidilite Industries (BOM:500331), the current ROCE % is 26.69% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Pidilite Industries (BOM:500331) Overvalued in 2026?

Based on GuruFocus' analysis, Pidilite Industries stock appears to be undervalued. The current stock price of ₹1,595.80 is trading 6.2% below its estimated GF Value™ of ₹1,701.53. GuruFocus considers Pidilite Industries to be Fairly Valued.

Key valuation signals for BOM:500331:

  • ROCE %: 26.69%
  • GF Value™: ₹1,701.53 vs. price of ₹1,595.80 (6.2% below fair value)
  • GF Score™: 96/100 with 4 warning signs
  • Industry Position: 315.7% above the Chemicals median

No single metric tells the full story. See the BOM:500331 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Pidilite Industries Business Description

Other Exchanges PIDILITIND:India
Address 4V89+5V8, Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri East, Mumbai, MH, IND, 400059
Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The Branded Consumer & Bazaar segment, which generates the majority of revenue, sells adhesives and sealants, construction and paint chemicals, art and craft materials, and others. These products are widely used by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment sells industrial products such as industrial adhesives, resins, and organic pigments and preparations, etc., and caters to various industries like packaging, joineries, textiles, paints, printing inks, paper, leather, etc. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of its revenue comes from India.
96GF Score

Get the complete analysis for BOM:500331

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹1,595.80
Price
₹1,701.53
GF Value