Pidilite Industries Limited announced robust financial results for the second quarter and first half of FY27. The company reported a 21.7% increase in revenue for Q2 FY27, reaching ₹3,982 crore, with an underlying volume growth (UVG) of 10.7%. EBITDA margin stood at 20.4%, and Profit After Tax grew by 10.4% to ₹647 crore. For the half-year ended September 30, 2026, net sales rose 22.0% to ₹8,219 crore, with a strong EBITDA margin of 23.5%.
Pidilite Industries Reports Strong Q2 FY27 Performance
Mumbai, October 28, 2026 – Pidilite Industries Limited, a leading manufacturer of adhesives, sealants, and construction chemicals, today announced its financial results for the quarter and half year ended September 30, 2026. The company showcased significant growth, with its revenue increasing by 21.7% year-on-year for the second quarter of FY27.
Standalone Financial Highlights (Q2 FY27)
For the second quarter of FY27, Pidilite’s Net Sales stood at ₹3,982 crore, a substantial increase driven by an Underlying Volume Growth (UVG) of 10.7%. Earnings before Interest, Tax & Depreciation (EBITDA) saw a marginal increase of 0.5% to ₹811 crore. The EBITDA margin was recorded at 20.4%, even amidst input cost headwinds. Profit After Tax grew by 10.4% to ₹647 crore.
Half-Yearly Performance (H1 FY27)
The positive momentum continued into the first half of FY27. Net sales for the six months ended September 30, 2026, reached ₹8,219 crore, reflecting a growth of 22.0% with a UVG of 11.0%. The EBITDA margin for H1 FY27 was a strong 23.5%, with EBITDA growing by 14%. Disciplined cost management and timely pricing actions helped absorb input cost inflation. Profit After Tax for the half-year grew by a healthy 19.5% to ₹1,477 crore.
Segment Performance
Consumer and Bazaar (C&B)
The Consumer and Bazaar segment demonstrated strong performance, with revenue growing by 20.7% in Q2 FY27, supported by a UVG of 11.1%. The Business to Business (B2B) segment also saw robust growth, with revenue up by 21.8% in Q2 FY27, accompanied by a UVG of 9.2%.
Management Commentary
Mr. Sudhanshu Vats, Managing Director, Pidilite Industries Limited, commented on the results: “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.”
Source: BSE
