TickerKhojComparison · NSE · data 2026-11-02
Asian Paints Ltd. vs Pidilite Industries Limited
In plain words
Size: Asian Paints Ltd. is about 1.5 times the market value of Pidilite Industries Limited.
Valuation (P/E): Pidilite Industries Limited 55.7 vs Asian Paints Ltd. 46.7.
Return on equity: Pidilite Industries Limited 23.8% vs Asian Paints Ltd. 21.2%.
Profit growth over 3 years: Pidilite Industries Limited 24.4% a year vs Asian Paints Ltd. 1.7% a year.
Debt to equity: Asian Paints Ltd. 0.18 vs Pidilite Industries Limited 0.04.
Differences in the numbers, not a recommendation of either stock.
Side by side
| ASIANPAINT | PIDILITIND | |
|---|---|---|
| Price | ₹2,357.7 | ₹1,465.3 |
| Market cap | ₹2,22,054 cr | ₹1,48,707 cr |
| P/E | 46.7 | 55.7 |
| P/B | 10.4 | 13.3 |
| ROE | 21.2% | 23.8% |
| ROCE | 23.6% | 28.4% |
| Debt / equity | 0.18 | 0.04 |
| Operating margin | 15.7% | 21.2% |
| Dividend yield | 1.19% | 0.79% |
| Sales growth, 3 years (yearly) | 1.1% | 7.4% |
| Profit growth, 3 years (yearly) | 1.7% | 24.4% |
| 1-year return | -6.6% | -1.8% |
| Revenue, last 12 months | ₹38,632 cr | ₹16,142 cr |
| Net profit, last 12 months | ₹4,839 cr | ₹2,684 cr |
| Latest quarter | Sept 2026 | Sept 2026 |
| Quarter net profit | ₹1,068 cr | ₹615 cr |
| Quarter profit vs a year earlier | +7.5% | +6.1% |
| Promoter holding | 52.65% | 69.18% |
| Health check | Average (4.4/10) | Average (5.5/10) |
Common questions
Which has a higher P/E, Asian Paints Ltd. or Pidilite Industries Limited?
Pidilite Industries Limited trades at the higher P/E (55.7 against 46.7). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Pidilite Industries Limited (23.8% against 21.2%).
Which carries more debt?
Asian Paints Ltd. has the higher debt-to-equity ratio (0.18 against 0.04).