Pidilite results have yet again beaten all learned analyst’s estimates by huge margin.
This coming at a time when entire world is reeling under inflation, supply chain issues, receding demand and what not.
Inspite Crude being its largest raw material by cost and crude going through the roof…point to remember that this was not a systemic up move but rather an acute one which IMO should be even more difficult to handle QoQ basis but Pidilite came up with margin improvement speaks of the prowess of this company…
Had I been running this company, I would have probably not even achieved 1/10th of what they did since the years I started tracking and being invested in it.
No complains at all as an investor. Looking forward to huge market to capture in India & abroad and decade changing innovations, which this company has done before…Around 1L Cr mcap seems like a small cap to me with the huge run way ahead…
Disc: Invested & Highly biased. Not a buy/sell recommendation. Above thoughts are only for academic purposes and result of estimate beating results in one of most difficult quarter specially wrt to Crude. I can be wrong in all my assessments. Not eligible for any advice
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