Four years ago after my thorough research I decided to invest in Pidilite Industries (the company made Fevicol and that was the only research I did).
Return
Pidilite Industries has been probably one of my most consistent performers. Even during the COVID pandemic crash, the worth of my investment never went below my amount invested.
Profit
Except during the early months of my investment I am yet to see a loss with my investment in Pidilite Industries.
XIRR
My ‘XIRR (>1 year)’ has been so good with Pidilite Industries, that even at the worst point it was giving better returns than fixed deposits.
NOTE: XIRR for initial months varies wildly and is not useful for any analysis. But once the investments complete minimum of 1 year, XIRR gives me a much better picture. So I calculate ‘XIRR (>1 year)’ which calculates XIRR only for the investments which have completed minimum of one year while ‘XIRR’ continues to calculate for all the investments irrespective of how much time has been completed. There are some periods where ‘XIRR’ and ‘XIRR (>1 year)’ calculate to the same amount as for that time all my investments had completed minimum of 1 year.