Pidilite Industries posts 27.7% jump in Q1 profit, revenue up 22% to ₹4,237 crore
The company reported consolidated revenue of ₹4,541 crore, a 21.3% increase, and PAT rose 30.3% to ₹884 crore
Pidilite Industries Limited reported a significant 27.7% increase in standalone profit after tax (PAT) to ₹830 crore for Q1 FY27, driven by broad-based volume growth and proactive price increases. Net sales grew 22.2% year-on-year to ₹4,237 crore. On a consolidated basis, revenue reached ₹4,541 crore, up 21.3%, with PAT increasing 30.3% to ₹884 crore.
EBITDA stood at ₹1,194 crore, a 26.9% increase, with margins expanding to 26.3% from 25.1% in the previous year. Both the Consumer and Bazaar (C&B) segment, comprising about 82% of standalone sales, and the Business-to-Business (B2B) segment grew, though B2B export UVG contracted 8.4% due to geopolitical conditions in West Asia.
Material costs rose 24.5% to ₹2,012 crore, while advertising and sales promotion spend jumped 36.6% to ₹153 crore. The company launched two new products, Fevicol X-PER and M-Seal Advanced Solvent Cement, to offset rising costs. Management stated they would continue to focus on profitable, volume-led growth while monitoring inflation, freight costs, and global supply chain risks.
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