Adhesive Giant

Pidilite Industries

Return on Equity: 27%
Return on Capital Employed: 34.6%

RoE – 10 Yrs Avg: 27.1% (Look at this consistency)
RoCE – 10 Yrs Avg: 35.9%

Equity Capital : 51 Crs.
Reserves : 4785 Crs.

Monopoly in domestic, commercial and industrial adhesives, glues and sealants segment : > 70% market share. The company adds around 300 Crs. every year to reserves.

Next time when you buy an adhesive or glue, see the manufacturer name, you will understand why I am recommending this stock.

Multibagger to held min 10 years.

I first recommended this stock in 2013 around 300 range. CMP 1800+.
Keep adding on dips.

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