PIDILITE INDUSTRIES LTD.

Pidilite Industries Limited announced its financial results for the quarter ended June 30, 2026, reporting a consolidated revenue growth of 21.3% to ₹4,541 crore. Underlying Volume Growth (UVG) stood at 11.3%. The company saw strong performance in both Consumer & Bazaar (C&B) and Business to Business (B2B) segments, with C&B revenue growing 22.5% and B2B revenue up 16.0%. Gross margin contracted by approximately 70 bps due to inflationary impacts from the West Asia crisis, while EBITDA margin improved by 120 bps to 26.3%. Profit After Tax (PAT) on a consolidated basis grew by 30.3% to ₹884 crore.

Pidilite Industries Ltd announced its unaudited financial results for the quarter ended June 30, 2026. The results, which include both standalone and consolidated figures, were approved by the Board of Directors. The company also submitted a Limited Review Report from its auditors, B S R & Co. LLP, as required by listing regulations. The review confirmed that the financial statements comply with Indian Accounting Standard 34 and other generally accepted accounting principles, and no material misstatements were found.

Pidilite's consolidated revenue rose 21.3% YoY to ₹4,551.55 Cr and consolidated PAT (post-NCI: ₹872.41 Cr attributable to shareholders; ₹883.51 Cr total) climbed 30.3% YoY, with EPS at ₹8.57 against a bonus-restated ₹6.61 a year ago. Net margin expanded to 19.0% from 17.7% YoY, and operating margin widened to an estimated ~26.2% from ~25.1% YoY — comfortably above the 20-24% EBITDA corridor management flagged last quarter as its target amid raw-material inflation. The 27% QoQ revenue jump is largely a seasonal artifact (Q1 is Pidilite's strongest quarter versus a soft Jan-Mar base) and should not be read as sequential acceleration. The quarter's consolidated PAT includes a ₹14.41 Cr exceptional gain from Pidilite Ventures' transfer of its stake in associate BuildNext Construction Technologies to JSW One Platforms via a share swap. Excluding this one-off (tax-effected), adjusted consolidated PAT growth is ~28.7% YoY versus the 30.3% reported — still a strong, broadly organic print, not one manufactured by the divestment gain. Segment-wise, Consumer & Bazaar revenue grew 22.4% YoY to ₹3,680.58 Cr with segment profit up 25.9% to ₹1,190.53 Cr, while Business-to-Business revenue grew a slower 13.8% YoY to ₹917.76 Cr. Standalone tells a consistent story — revenue +22.1% YoY to ₹4,249.38 Cr, PAT +27.7% YoY to ₹829.87 Cr — with no material divergence from the consolidated trend. Against the pre-result Street setup, analyst consensus had pencilled in roughly ₹4,149 Cr of revenue and ~₹805 Cr of profit for the quarter; the actual print beats both by high single digits. It also comfortably clears the more conservative on-plan expectation window (~₹3,350-3,425 Cr revenue, ~₹520-560 Cr PAT, 23-24% EBITDA margin) that had been flagged pre-result. Against management's own prior framing — sustaining volume growth and holding the 20-24% margin band while absorbing 40-50% raw-material inflation via calibrated price hikes — this quarter's margin outcome sits above the top of that band, suggesting pricing action has more than offset cost pressure so far. No standalone press-release commentary was available in this filing to cross-check against the numbers. The quarter also carried two minor CGST penalties (₹46.98 Lakh Indore, ₹34.65 Lakh Patna) and CHRO/CBO leadership changes, neither of which bears on the P&L. The result sets up a closely watched earnings call on 5 August 2026, where the underlying volume-growth split (not disclosed in this statement) and management's FY27 margin/growth guidance update — against a Street consensus of 16.5% revenue and 10% profit growth for the full year — will be the key markers to reconcile against this quarter's much faster pace.

Pidilite Industries Ltd has received an Order in Original dated June 30, 2026, from the Assistant Commissioner of CGST & C. Ex. Division-III, Indore, Madhya Pradesh. The order imposes a penalty of ₹46,98,047/- under the Central Goods and Services Tax Act for the financial years 2020-21 to 2022-23. The company is reviewing the order and evaluating its options, including an appeal to the highest authority. Pidilite states there is no material impact on its financials, operations, or other activities. The company will host this information on its website.

Pidilite Industries Ltd announced management changes following a Nomination and Remuneration Committee meeting on July 21, 2026. Shri Suresh Kumar C has been appointed as the Chief Human Resource Officer (CHRO) and Senior Management Personnel, effective immediately. He brings over 33 years of experience within Pidilite, focusing on HR, Organization Development, and Strategic Initiatives. Concurrently, Shri Ashish Prasad, the former CHRO, will transition to the role of Chief Business Officer (CBO) - Strategic Initiatives, also retaining his status as Senior Management Personnel. The meeting took place from 11:30 a.m. to 12:00 p.m.

Pidilite Industries Ltd has announced an earnings conference call scheduled for Wednesday, August 5, 2026, at 4:00 PM IST. The call will focus on discussing the company's Q1FY27 performance and business updates. The management team, including the Managing Director, Joint Managing Director, and CFO, will be present to address queries. Details for joining the call, including a diamond pass link and dial-in numbers for universal access and international toll-free access, have been provided. The information is also available on the company's website.

Pidilite Industries Ltd has received an Order-in-Appeal from the Additional Commissioner (Appeals), CGST Patna, confirming a penalty of ₹34,65,813/-. This penalty relates to the FY 2017-18 and was imposed under the Central Goods and Service Tax Act, 2017. The company is currently reviewing the order and evaluating its options, including a potential appeal to the highest authority. Pidilite has stated that this matter has no material impact on its financials, operations, or other business activities. The company will also host this information on its website.

Pidilite Industries Ltd has announced its 57th Annual General Meeting (AGM) will be held on Tuesday, August 4, 2026, at 3:00 p.m. IST via Video Conferencing. The company is providing shareholders who have not registered their email addresses with a web-link and QR code to access the Annual Report for FY 2025-26 and the AGM Notice. Key dates for the AGM include the record date for dividend on July 23, 2026, and e-voting period from July 31 to August 3, 2026. Shareholders are guided on how to update their email addresses for electronic communication.

Pidilite Industries Ltd has announced that its Board of Directors will convene on August 4, 2026. The primary agenda item for this meeting is to consider and approve the unaudited financial results for the first quarter ended June 30, 2026. This meeting is being held in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Pidilite Industries Ltd has announced its 57th Annual General Meeting (AGM) to be held on Tuesday, August 4, 2026, at 3:00 p.m. IST via Video Conferencing (VC)/Other Audio Visual Means (OAVM). The company will present its audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Key agenda items include the declaration of a final dividend of ₹11.50 per equity share and confirmation of a special interim dividend of ₹10 per equity share. The AGM will also address the re-appointment of directors Shri A B Parekh and Shri Kavinder Singh, and seek approval for the remuneration of the Cost Auditors for the financial year ending March 31, 2027. The Annual Report, including the Business Responsibility and Sustainability Report for FY26, is available on the company's website.