Pidilite Industries vs SRF: share price, P/E, ROE and financials compared
Pidilite Industries
SRF
Pidilite Industries and SRF at a glance
Pidilite Industries and SRF are both listed in Chemicals. Pidilite Industries is the larger by market cap, at ₹1.6L Cr against ₹72,928 Cr for SRF (2.2 times as large). On valuation, SRF has the lower P/E (31.9× against 60.0×) and the lower price-to-book (4.76× against 14.33×). On returns and margins, Pidilite Industries has the higher ROCE (28.5% against 14.5%) and the higher ROE (25.7% against 16.0%). Over three years, Pidilite Industries has faster 3-year sales growth (+7.4% against +1.8% a year) and faster 3-year profit growth (+24.4% against −5.3% a year). Pidilite Industries carries less debt for its equity, with a debt-to-equity of 0.03× against 0.35×.
Key metrics, side by side
| Metric | Pidilite IndustriesPIDILITIND | SRFSRF |
|---|---|---|
| Price (₹) | 1,579.00 | 2,460.40 |
| Market cap (₹ Cr) | 1,60,827 | 72,928 |
| P/E | 60.0× | 31.9× (the lower figure, shaded) |
| P/B | 14.33× | 4.76× (the lower figure, shaded) |
| Dividend yield, trailing | 0.73% (the higher figure, shaded) | 0.41% |
| ROE | 25.7% (the higher figure, shaded) | 16.0% |
| ROCE | 28.5% (the higher figure, shaded) | 14.5% |
| Operating margin (OPM) | 23.5% | 24.2% |
| Net margin (NPM) | 16.6% (the higher figure, shaded) | 12.5% |
| Sales CAGR 3Y | +7.4% (the higher figure, shaded) | +1.8% |
| Profit CAGR 3Y | +24.4% (the higher figure, shaded) | −5.3% |
| Debt to equity | 0.03× (the lower figure, shaded) | 0.35× |
| Interest cover | 62.2× (the higher figure, shaded) | 10.4× |
| Net profit TTM (₹ Cr) | 2,684 | 2,283 |
| 1Y return | +6.8% (the higher figure, shaded) | −15.5% |
| Promoter holding | 69.18% | 50.26% |
Pidilite Industries vs SRF: common questions
Which is bigger, Pidilite Industries or SRF?
By market cap, Pidilite Industries is bigger at ₹1.6L Cr, against ₹72,928 Cr for SRF (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹2,684 Cr for Pidilite Industries and ₹2,283 Cr for SRF.
Which has a lower P/E ratio, Pidilite Industries or SRF?
Pidilite Industries trades at a P/E of 60.0× and SRF at 31.9×. SRF has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Pidilite Industries or SRF?
Pidilite Industries reports a return on equity of 25.7% and SRF 16.0%. Pidilite Industries has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Pidilite Industries or SRF?
Over the last three years: Sales grew +7.4% a year at Pidilite Industries and +1.8% at SRF, so Pidilite Industries grew sales faster; profit grew +24.4% a year at Pidilite Industries and −5.3% at SRF, so Pidilite Industries grew profit faster. Past growth doesn’t predict future growth.