Pidilite is market leader in adhesives and sealants with ~70% share in Fevicol and M-Seal and has structured its portfolio into core, growth, and pioneer segments to drive strategic expansion.
(Photo source: Company website)
Pidilite stands out for its market-leading position in the adhesives market, along with a strong brand and a solid balance sheet. However, we believe the current valuation limits the upside potential.