Equity research for Indian stocks
Five minutes. An opinion you can argue with. Verdikt reads the annual report, the concall and the news for any NSE or BSE stock, then shows its working.
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PIDILITIND
Pidilite Industries · Chemicals
BUY
The business is not the problem: a brand moat, 31% return on capital and net cash, at a price 26% below its own five-year multiple.
10 yrs
of financials, free
~5 min
per report
₹49
a report, nothing renews
What you get
What the CEO claimed and what the CFO admitted, quoted from the BSE transcript and dated. Nothing else at ₹49 does this.
A jump in other income, a swing in fixed assets, a margin that doesn't fit. Each one is traced to its cause on the live web, with sources you can tap.
The most common mistake is confusing a good business with a good buy. The business and the price are scored separately, so the report can say both.
The claim on one side, the filing on the other. Where they agree you learn something. Where they don't, you learn more.
Every report ends with named data gaps. A number that isn't in the filings is stated as missing, never guessed.
Four pillar scores, fixed weights, and the arithmetic that produced the conviction. You can see how the answer was reached and argue with any line of it.
How it works
Grounded in the real world: financials, filings, concalls, news, peers, live price.
Any NSE or BSE company. Ten years of financials, the quarterly trend, peers and shareholding are free before you spend anything.
The annual report, the latest concall, the news, the peers and the live price. The steps you would take yourself, if you had the week.
Verdict, conviction, the four pillar scores with the maths shown, the odd numbers investigated, the gaps named. Then argue with it in chat.
Inside a report · Pidilite
Swipe to see the 5 parts.
Come argue
Why is valuation only 6.0 on a BUY?
The price signal is "full": in absolute terms Pidilite is not cheap, so valuation scores 6.0. It is still a BUY because the stock trades 26% below its own five-year normal multiple, and the business behind it earns 31% on capital with ₹3,933 crore of net cash.
Pricing
Careful investors research a handful of companies a year. Charging them monthly is a bad deal.
Most popular
₹33 a report
First report
Try it on a stock you already own. No card.
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Single report
One stock, yours forever. Re-run it with fresh data.
₹49
Common questions
No. Verdikt is a research and education tool. It is not SEBI-registered, gives no tips or targets, and will never call anything a multibagger. For advice, see a registered adviser. The decision stays yours.
A chatbot answers from memory. Verdikt reads this company's filings and this quarter's call, checks the odd numbers on the live web, and names what it could not find. A chatbot never tells you what it doesn't know.
BUY, WATCH or AVOID, with conviction out of 10. The business and the price are judged separately, so a great company can be a WATCH. A WATCH is not a shrug: it is the report telling you what would have to change.
Investors who think in quarters and years, checking a stock they own or are about to buy. It is not built for traders, and it is not instant: five minutes, because it is reading things.
Promoter pledge data, and some bank-specific metrics. When a number isn't there the report says so instead of guessing. A public track record is coming once verdicts are old enough to be graded.
The credit comes back automatically, in the same moment the run is marked failed.
One free report. Then ₹49 a stock, or ₹99 for 3. Nothing renews.
Analyse a stock freeEquity research for Indian stocks
Five minutes. An opinion you can argue with. Verdikt reads the annual report, the concall and the news for any NSE or BSE stock, then gives you a verdict and shows its working.
1 free analysis · no card required
What you get
Every report ends in an opinion you can read, argue with and act on.
What the CEO claimed and what the CFO admitted, quoted from the BSE transcript and dated. Nothing else at ₹49 does this.
A jump in other income, a swing in fixed assets, a margin that doesn't fit. Each one is traced to its cause on the live web, with sources.
The most common mistake is confusing a good business with a good buy. The business and the price are scored separately, so the report can say both.
The claim on one side, the filing on the other. Where they agree you learn something. Where they don't, you learn more.
Every report ends with named data gaps. A number that isn't in the filings is stated as missing, never guessed.
Four pillar scores, fixed weights, and the arithmetic that produced the conviction. See how the answer was reached, and argue with any line of it.
How it works
Grounded in the real world: financials, filings, concalls, news, peers, live price.
Any NSE or BSE company, by name or ticker. Ten years of financials, the quarterly trend, peers and shareholding are free before you spend anything. The first report is free too, no card.
The annual report, the latest concall transcript, the news, the peers and the live price. Not a chatbot guessing from memory: a fixed process over the company's own filings. The steps you would take yourself, if you had the week.
Verdict, conviction, the four pillar scores with the maths shown, the odd numbers investigated, the gaps named. Then argue with it in chat. Close the tab if you like; the report is emailed when it is done.
Inside a report
Written so you do not need a finance degree to read it. Illustrative data for one stock.
Verdict
PIDILITINDConviction
8.0 / 10
BUY
A ₹4,350 crore treasury chest and 31% return on capital keep funding growth the market has not fully priced.
The verdict
One word, a score out of 10, and the business and the price rated separately, because a great company at the wrong price is still the wrong buy. The weighted arithmetic is on the page.
Why this verdict
Strengths and risks
The points that drove the score, in order of weight, each traceable to a filing or a call. Any odd number behind them has been investigated on the live web, with sources.
What could break it
3 triggersWhat could break the thesis
The specific things that would change the verdict, so you know what to watch at the next results.
What management said
Q1 concallAsked: Is the slowdown in rural demand structural?
“We see it as a timing issue. The rural pipeline improved through the quarter.”
No number given
Asked: Why did margins compress this quarter?
“Input costs rose ahead of price actions. We expect recovery over two quarters.”
Management in their own words
Pulled from the latest earnings call: what they were asked, what they said, and where they gave no number. Set next to what the filings show.
Come argue
It has read the same filings and the same call, so every answer points back to a source.
Chat
has read this reportWhy is valuation only 6.0 on a BUY?
Because they are separate judgements. In absolute terms Pidilite is not cheap, so the price signal is full and valuation scores 6.0. The verdict is still BUY because the stock trades 26% below its own five-year normal multiple while the business earns 31% on capital.
What would turn this into a WATCH?
A vinyl acetate monomer spike the company cannot pass on within two quarters, or the multiple running back to its five-year normal without earnings catching up. Either would move the price signal from full to stretched.
Pricing
Careful investors research a handful of companies a year. Charging them monthly for that is a bad deal.
Free
Try it on a stock you already own.
Three reports
For the handful of companies you research a year.
One-time payments by UPI, card or net banking. Nothing renews. If a run fails to complete, the credit is returned automatically.
Questions
What people ask before running their first stock.
No. Verdikt is a research and education tool. It is not registered with SEBI as an investment adviser or research analyst, gives no tips or price targets, and will never call anything a multibagger. For advice, see a registered adviser. The decision stays yours.
A chatbot answers from memory. Verdikt reads this company's annual report and this quarter's earnings call, checks the odd numbers on the live web, sets management's claims next to the filings, and names what it could not find. A chatbot never tells you what it doesn't know.
BUY, WATCH or AVOID, with conviction out of 10. The business and the price are judged separately, so a great company can be a WATCH. A WATCH is not a shrug: it is the report telling you what would have to change before it becomes a buy.
Investors who think in quarters and years, checking a stock they own or are about to buy. It is not built for traders, and it is not instant: about five minutes, because it is reading things. Close the tab and the report is emailed to you.
Promoter pledge data, and some bank-specific metrics. When a number is not in the filings the report says so instead of guessing. A public track record is coming once verdicts are old enough to be graded against what the stock did.
If a run fails to complete, the credit is returned automatically. A stock you have unlocked stays yours, including the chat and the PDF. For anything else, email founder@verdiktresearch.com and we will sort it out.
Read the refund policyOne free report to see how it reads a company. Then ₹49 a stock, yours forever. Nothing renews.
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Verdikt is a research tool, not investment advice, and is not SEBI-registered. Please do your own due diligence before investing.