Pidilite Industries Limited announced its financial results for the quarter and half-year ended September 30, 2025, reporting a 10.4% revenue increase in Q2 FY26. The growth was fueled by a 10.3% underlying volume growth (UVG). The company’s EBITDA remained consistent with the previous year, and profit after tax saw an 8.1% rise. Consolidated net sales grew by 9.8%.
Financial Performance Highlights
Pidilite Industries Limited reported strong financial results for Q2 FY26. Key highlights include:
Standalone Results:
- Net Sales: Increased by 10.4% to ₹3,272 Cr.
- Earnings before Interest, Tax & Depreciation: Rose by 10.4% to ₹807 Cr.
- Profit After Tax: Grew by 8.1% to ₹586 Cr.
Consolidated Results:
- Net Sales: Increased by 9.8% to ₹3,540 Cr.
- Earnings before Interest, Tax & Depreciation: Rose by 10.7% to ₹851 Cr.
- Profit After Tax: Grew by 8.3% to ₹585 Cr.
Segment Performance
A breakdown of the company’s performance by segment:
Consumer and Bazaar (C&B):
- Revenue from operations: Increased by 10.8% to ₹2,650 Cr.
- Earnings before Interest & Tax: Rose by 10.0% to ₹821 Cr.
Business to Business (B2B):
- Revenue from operations: Increased by 8.7% to ₹673 Cr.
- Earnings before Interest & Tax: Rose by 7.7% to ₹119 Cr.
Underlying Volume Growth (UVG)
The company’s growth was primarily driven by strong volume increases. The standalone UVG was 10.3%, indicating robust demand for Pidilite’s products. UVG for the Consumer & Bazaar segment was 10.4%.
Management Commentary
According to Mr. Sudhanshu Vats, Managing Director, Pidilite Industries Limited, the company delivered double-digit underlying volume growth with sequential improvement and healthy operating margins, even in a challenging macro-economic environment. He remains optimistic about the future, expecting the domestic operating environment to improve, aided by favourable monsoons.
Earnings Conference Call
Pidilite Industries Limited will host an earnings conference call on Friday, 31 October 2025, at 4:00 pm.
Source: BSE
