Five years into my investment in Pidilite Industries I can say that it has been my most consistent performers. Get this, even at its worst point my XIRR was 6% which is like fixed deposit returns. If I had sold my investment in Pidilite Industries at any point in time I would have still made more than fixed deposits (I am discounting STCG and LTCG for the wow factor as of now). Below are my key takeaways.
- I have invested 19 times across these five years in Pidilite Industries.
- As I said above, my returns have always beaten fixed deposit returns.
- At the start of 2022 I was looking at nearly 40% XIRR. But the Russian invasion of Ukraine put in a dent on that.
- Considering Nifty 50 index for comparison, my investment in Pidilite Industries has beaten it most of the time. As of today my XIRR stands at 23% compared to 18% for Nifty 50 Index. Woohoo!
- The company pays dividends every year but my dividend yield at cost has been at a meagre 0.6%. But looking at the XIRR I should not be complaining.