NSEPress Release4d ago · 28 Oct 2026, 07:08 pm
Press Release
Pidilite Industries Limited · PIDILITIND
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Pidilite Industries Limited has announced its financial results for the quarter and half year ended September 30, 2026, with revenue growth of 21.7% and EBITDA margin of 20.4%.
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Earnings Impact8/10
Growth Catalyst6/10
Governance Concern1/10
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Liquidity Impact9/10
Market Sentiment8/10
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Pidilite Industries Limited has informed the Exchange regarding a press release dated October 28, 2026, titled "Press Release".
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Date: 28th October, 2026
The Secretary The Secretary
BSE Ltd. National Stock Exchange of India Ltd.
Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block,
14th floor, P. J. Tower, Bandra-Kurla Complex,
Dalal Street, Fort Bandra (E),
Mumbai - 400 001 Mumbai - 400 051
Stock Code – 500331 Stock Code - PIDILITIND
Dear Sir,
Sub: Press release
--------------------
Please find attached the press release dated 28th October, 2026.
Thanking You,
Yours faithfully,
For Pidilite Industries Limited
Manisha Shetty
Company Secretary
Encl as above
Regd. Office Pidilite Industries Limited
Regent Chambers, 7th Floor
Corporate Office
Jamnalal Bajaj Marg
Ramkrishna Mandir Road
208 Nariman Point
Andheri - E, Mumbai 400059, India
Mumbai 400 021
T + 91 22 2835 7000
2835 7952 / 2835 7365
F +91 22 2830 4482
www.pidilite.com
ClN:L24100MH1969PLC014336
Press Release
For Immediate Dissemination
Pidilite delivered revenue growth of 21.7% with Underlying Volume
Growth (UVG) of 10.7%. EBITDA margin at 20.4%
Mumbai, October 28, 2026: Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and
construction chemicals today announced its financial results for the quarter and half year ended September 30,
2026.
Key Performance Highlights (Standalone):
Particulars (₹ crores) Q2FY26 Q2FY27 Growth H1FY26 H1FY27 Growth
Net Sales 3,272 3,982 21.7% 6,740 8,219 22.0%
Earnings before Interest, Tax & Depreciation 807 811 0.5% 1,695 1,932 14.0%
EBITDA % 24.7% 20.4% 25.2% 23.5%
Profit After Tax 586 647 10.4% 1,236 1,477 19.5%
For the Quarter ended Sept 26
Net sales at Rs 3982 with underlying volume Growth (UVG) of 10.7%
Consumer & Bazaar (C&B) revenue# grew by 20.7% for Q2 FY 27 with UVG of 11.1%.
Business to Business (B2B) revenue# grew by 21.8% for Q2 FY 27 with UVG of 9.2%.
EBITDA margin was 20.4%despite input cost headwinds.
PAT grew by 10.4%
For the 6 months ended Sept 26
Net sales at Rs 8,219 Cr grew by 22.0% with UVG of 11.0%.
EBITDA margin at 23.5%, with EBITDA growing 14%. Timely pricing actions and disciplined cost management
enabled the Company to absorb the impact of input cost inflation.
PAT grew by 19.5%.
Key Performance Highlights (Consolidated):
Particulars (₹ crores) Q2FY26 Q2FY27 Growth H1FY26 H1FY27 Growth
Net Sales 3,540 4,285 21.1% 7,283 8,826 21.2%
Earnings before Interest, Tax & Depreciation 851 878 3.1% 1,792 2,071 15.6%
EBITDA % 24.0% 20.5% 24.6% 23.5%
Profit After Tax 585 626 7.1% 1,263 1,510 19.6%
For the Quarter ended Sept 26
Net Sales at Rs 4,285 Cr grew by 21.1%.
EBITDA grew by 3.1% over Q2 FY26, with EBITDA Margin at 20.5%
PAT grew by 7.1%.
For the 6 months ended Sept 26
Net Sales at Rs 8,826 Cr grew by 21.2%.
EBITDA Margin is at 23.5%.
PAT grew by 19.6%
#Revenue includes other operating income.
Press Release
For Immediate Dissemination
Business Segment Performance
(*Standalone Basis)
Consumer and Bazaar (C&B)
Particulars (₹ crores) Q2FY26 Q2FY27 Growth H1FY26 H1FY27 Growth
Revenue from operations* 2,650 3,198 20.7% 5,474 6,656 21.6%
Earnings before Interest & Tax 821 841 2.5% 1,724 1,968 14.1%
EBIT % 31.0% 26.3% 31.5% 29.6%
C&B segment revenue in Q2 grew by 20.7% with UVG of 11.1%.
Business to Business (B2B)
Particulars (₹ crores) Q2FY26 Q2FY27 Growth H1FY26 H1FY27 Growth
Revenue from operations* 673 820 21.8% 1,381 1,641 18.8%
Earnings before Interest & Tax 119 115 -3.4% 251 285 13.7%
EBIT % 17.7% 14.1% 18.2% 17.4%
B2B segment in Q2 grew by 21.8% with UVG of 9.2%.
Commenting on the results, Mr. Sudhanshu Vats, Managing Director, Pidilite Industries Limited, said:
We sustained the growth momentum in Q2 FY 27 with broad-based, double-digit UVG leading to 20% plus revenue
growth. Despite very high material inflation, amidst unprecedented volatility and uncertainty, we delivered steady
margins in H1 FY27. We remain confident to continue the first half business momentum into the second half of
the year.
We will continue to invest behind our brands, innovation and distribution. Our resilient business model and our
disciplined execution will help us deliver profitable growth in the current environment.
Press Release
For Immediate Dissemination
Investor Information:
Q2 FY27 Earnings Conference Call
[THURSDAY, 29 OCTOBER 2026, 3:30pm]
Diamond Pass Link Diamond Pass Link
Primary Numbers +91 22 6280 1107 / + 91 22 7115 8008
Investor Relations Contact: investor.relations@pidilite.co.in
Media Contact: corpcomm@pidilite.co.in
About Pidilite:
Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products,
DIY (Do-It-Yourself) products and polymer emulsions in India. Our products range also includes paint chemicals, automotive
chemicals, art materials and stationery, fabric care, maintenance chemicals, industrial adhesives, industrial resins and
organic pigments & preparations. Most of the products have been developed through strong in-house R&D. Our brand name
Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the
country. Some of our other major brands are M-Seal, Fevikwik, Fevistik, Ro , Dr. Fixit, Araldite and Fevicryl.
Learn more about Pidilite on: www.pidilite.com | Facebook |Twitter | LinkedIn | Instagram