Advertisement
Advertisement
Skip to content
Follow Us on
Advertisement
TOP STORIES
Business

Pidilite reports robust revenue growth of 21.7% for Q2 FY27

Advertisement

Mumbai, October 28, 2026: Pidilite Industries Limited, a prominent player in the Indian adhesives, sealants, and construction chemicals market, announced a significant revenue growth of 21.7% for the quarter ending September 30, 2026. The company’s net sales reached ₹3,982 crore, with an underlying volume growth (UVG) of 10.7%, showcasing a strong performance amidst challenging market conditions.

The Consumer & Bazaar (C&B) segment, a major contributor to Pidilite’s revenue, recorded a 20.7% increase, driven by a UVG of 11.1%. Meanwhile, the Business to Business (B2B) segment also demonstrated impressive growth, with revenue rising by 21.8% and a UVG of 9.2%. Despite facing input cost pressures, Pidilite managed to maintain an EBITDA margin of 20.4% for the quarter, reflecting the company’s effective cost management strategies. Profit after tax (PAT) for the quarter increased by 10.4% to ₹647 crore.

For the half-year period ending September 2026, Pidilite’s net sales grew by 22.0% to ₹8,219 crore, supported by a UVG of 11.0%. The company’s EBITDA rose by 14%, with a margin of 23.5%, underscoring its ability to navigate input cost inflation through timely pricing actions and disciplined cost management. PAT for the half-year period surged by 19.5% to ₹1,477 crore, further highlighting Pidilite’s robust financial performance.

On a consolidated basis, Pidilite’s net sales for Q2 FY27 stood at ₹4,285 crore, marking a 21.1% increase compared to the same period last year. The company’s EBITDA grew by 3.1%, with a margin of 20.5%, while PAT rose by 7.1% to ₹626 crore. For the first half of FY27, consolidated net sales reached ₹8,826 crore, a 21.2% increase from the previous year, with PAT growing by 19.6% to ₹1,510 crore.

Commenting on the results, Mr. Sudhanshu Vats, Managing Director of Pidilite Industries, expressed confidence in sustaining the growth momentum into the second half of the year. He highlighted the company’s commitment to investing in brands, innovation, and distribution as key drivers for future growth.

Market analysts view Pidilite’s performance as a testament to its resilient business model and strategic execution, which have enabled the company to deliver profitable growth despite economic uncertainties and input cost challenges.

Advertisement

Join TaxGuru's Network for the latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Reply

Your email address will not be published. Required fields are marked *