Pidilite Industries has reported a robust financial performance for the second quarter and the first half of FY27. For Q2 FY27, Net Sales grew by 21.7% to ₹3,982 Crore, with Profit After Tax (PAT) increasing by 10.4% to ₹647 Crore. The first half of FY27 also showed strong growth, with Net Sales up 22.0% to ₹8,219 Crore and PAT rising by 19.5% to ₹1,477 Crore.
Pidilite Industries: Q2 and H1 FY27 Earnings Overview
Pidilite Industries Limited has announced its financial results for the quarter ended September 30, 2026 (Q2 FY27) and the half-year ended the same date (H1 FY27). The company demonstrated strong growth across key financial metrics.
Q2 FY27 Performance
- Net Sales reached ₹3,982 Crore, marking a growth of 21.7% with an Underlying Volume Growth (UVG) of 10.7%.
- Consumer and Bazaar (‘C&B’) revenue grew by 20.7% with UVG of 11.1%.
- Business to Business (‘B2B’) revenue saw an increase of 21.8% with UVG of 9.2%.
- EBITDA margin stood at 20.4%, despite input cost headwinds.
- Profit After Tax (PAT) grew by 10.4% to ₹647 Crore.
H1 FY27 Performance
- Net Sales amounted to ₹8,219 Crore, an increase of 22.0% with UVG of 11.0%.
- EBITDA margin was 23.5%, with EBITDA growing 14%. Timely pricing actions and disciplined cost management helped absorb input cost inflation.
- Profit After Tax (PAT) grew by a significant 19.5% to ₹1,477 Crore.
Segment Performance
Consumer & Bazaar (C&B)
- Q2 FY27: Revenue from operations grew 20.7% to ₹3,198 Crore, with PBIT up 2.5% to ₹841 Crore.
- H1 FY27: Revenue from operations grew 21.6% to ₹6,656 Crore, with PBIT up 14.1% to ₹1,968 Crore.
Business to Business (B2B)
- Q2 FY27: Revenue from operations grew 21.8% to ₹820 Crore, while PBIT declined by 3.4% to ₹115 Crore.
- H1 FY27: Revenue from operations grew 18.8% to ₹1,641 Crore, with PBIT up 13.7% to ₹285 Crore.
Consolidated Performance
Q2 FY27 (Consolidated)
- Net Sales grew by 21.1% to ₹4,285 Crore.
- Domestic subsidiaries grew by 22.2%, and international subsidiaries by 21.8%.
- EBITDA grew by 3.1%, with an EBITDA Margin at 20.5%.
- PAT grew by 7.1%.
H1 FY27 (Consolidated)
- Net Sales grew by 21.2% to ₹8,826 Crore.
- Domestic subsidiaries grew by 16.8%, and international subsidiaries by 17%.
- EBITDA Margin stood at 23.5%.
- PAT grew by 19.6%.
New Product Introductions
The presentation highlights new product introductions, including:
- Araldite: New specialized products for woodworking and premium stone installations, focusing on performance, aesthetics, and ease of use.
- Dr. Fixit: Kwik N Ezee Klear, a transparent patch repair waterproof PU Based Coating for DIY roof and exterior crack repair.
Marketing Initiatives
Pidilite has engaged in several marketing initiatives:
- Roff launched a campaign, ‘Jailer’, emphasizing tile installation systems.
- Dr. Fixit introduced a humour-led campaign promoting waterproofing solutions.
- Fevicol MR launched a limited-edition Spider-Man collection in collaboration with Marvel.
- Dr. Fixit supported Warkaris at Pandharpur Wari with on-ground monsoon initiatives.
- M-Seal was highlighted as the ‘Unsung Hero’ of the Kawad Yatra 2026.
- The company also participated in impactful events and exhibitions like Design Directories, Design Dialogues, ITPO Footwear, and Productronica.
Awards & Recognition
Pidilite and its brands have received several accolades:
- Fevicol Kursi Pe Nazar won INDIAA Awards 2026 for Home Décor, Infrastructure & Fittings.
- Fevikwik Anniversary won recognition in the Home Care Essentials category.
- Fevicol IPL 2026 received Gold for ‘Excellence in Brand Awareness & Recall’ and ‘Excellence in Storytelling & Narrative Marketing’.
Source: BSE
