Solar Industries India Limited vs Pidilite Industries Limited
An objective side-by-side of SOLARINDS and PIDILITIND, both in Chemicals: valuation, profitability, growth, balance sheet, ownership and share-price performance. Where one number is clearly better on its own terms (lower P/E, higher ROE), it is shaded. That is a description, not a recommendation.
Prices as of 2026-09-21 close
Latest results: SOLARINDS Jun 2026 · PIDILITIND Jun 2026
At a glance
- Solar Industries India Limited is the larger company by market value, about 1.1 times the size of Pidilite Industries Limited.
- On trailing earnings, Pidilite Industries Limited trades at the lower P/E (60.4 against 85.0).
- Solar Industries India Limited earns the higher return on equity (32.7% against 24.5%).
- Over three years Solar Industries India Limited has grown profits faster (29% a year against 25%).
- Over the past year the share prices returned +33.0% (SOLARINDS) and +2.3% (PIDILITIND).
| Metric | Solar Industries SOLARINDS |
Pidilite Industries PIDILITIND |
|---|---|---|
| Size and price | ||
| Market cap | ₹174,329 Cr | ₹160,133 Cr |
| Share price | ₹19,265 | ₹1,573 |
| Valuation | ||
| P/E | 85.00 | 60.35 |
| P/B | 27.77 | 14.78 |
| EV/EBITDA | 56.69 | 43.21 |
| PEG | 2.93 | 2.41 |
| Dividend yield | 0.1% | 0.6% |
| Profitability | ||
| ROE | 32.7% | 24.5% |
| ROCE | 37.0% | 31.0% |
| Operating margin | 27.3% | 24.6% |
| Sales (TTM) | ₹11,351 Cr | ₹15,125 Cr |
| Net profit (TTM) | ₹2,051 Cr | ₹2,653 Cr |
| Growth | ||
| Latest quarter sales YoY | +70.3% | +21.3% |
| Latest quarter profit YoY | +89.0% | +30.3% |
| Sales CAGR 3Y | +12.0% | +7.0% |
| Profit CAGR 3Y | +29.0% | +25.0% |
| Sales CAGR 5Y | +31.0% | +15.0% |
| Profit CAGR 5Y | +43.0% | +17.0% |
| Financial strength | ||
| Debt/Equity | 0.24 | 0.04 |
| Interest cover | 17.78 | 59.67 |
| Ownership | ||
| Promoter holding | 73.2% | 69.2% |
| Promoter change (4 qtrs) | +0.00 pp | -0.11 pp |
| Price performance | ||
| Return 1M | -2.51% | -5.23% |
| Return 3M | +4.47% | +0.06% |
| Return 1Y | +33.01% | +2.35% |
| Return YTD | +57.24% | +6.13% |
| Technical condition | ||
| Technical score | 34 | 45 |
| RS rating (1-99) | 81.00 | 60.00 |
| % vs 200-DMA | +20.77% | +5.05% |
| RSI (14) | 42.80 | 43.78 |
| % from 52-week high | -15.13% | -7.87% |