Pidilite Industries Reports 7.16% Rise in Q2 Net Profit to Rs 626.46 Crore

Pidilite Industries Limited announced its financial results for the September quarter of FY27, reporting a consolidated net profit of Rs 626.46 crore. Revenue from operations grew by 20.9 per cent, driven by performance across both its Consumer & Bazaar and Business to Business segments.

Adhesives and construction chemicals manufacturer Pidilite Industries Ltd on Wednesday reported a 7.16 per cent increase in its consolidated net profit, reaching Rs 626.46 crore for the September quarter of FY27 compared to the same period in the previous fiscal year.

According to a regulatory filing, the company had recorded a net profit of Rs 584.6 crore in the July-September period a year ago. Revenue for the quarter under review grew by 20.9 per cent to Rs 4,297.59 crore, up from Rs 3,554.44 crore in the corresponding quarter of the previous year.

The company stated that its EBITDA grew by 3.1 per cent over Q2 FY26, registering an EBITDA margin of 20.5 per cent. Total expenses for the September quarter rose by 29 per cent to Rs 3,632.87 crore, while total income, including other income, increased by 21 per cent to Rs 4,362.18 crore.

Segment-wise, revenue from the Consumer & Bazaar division—which covers products sold to retail users such as carpenters, painters, plumbers, mechanics, households, and offices—stood at Rs 3,423.57 crore, marking a 20.9 per cent increase. The Business to Business segment generated Rs 912.59 crore, up 19.87 per cent.

Additionally, revenue from the 'others' segment, which includes raw material sales and the operations of a Non-Banking Finance Company, grew by 79.5 per cent to Rs 25.37 crore in Q2 FY27. For the first half (H1) of FY27, Pidilite Industries' total consolidated income rose 21 per cent to Rs 9,005.73 crore.

Managing Director Sudhanshu Vats commented on the financial performance, stating that the company sustained its growth momentum in Q2 FY27 with broad-based, double-digit UVG leading to over 20 per cent revenue growth. He noted that despite high material inflation and market volatility, the company delivered steady margins in H1 FY27 and remains confident about carrying the business momentum into the second half of the year.

Following the earnings announcement, shares of Pidilite Industries settled 4.13 per cent lower at Rs 1,392 on the BSE on Wednesday.

"Pidilite Industries' latest financial results demonstrate steady top-line growth despite prevailing cost pressures and material inflation in the market. Achieving a 20.9 per cent increase in revenue while maintaining stable margins reflects strong demand across its core Consumer & Bazaar and Business to Business segments. For businesses navigating volatile macroeconomic conditions, balancing robust volume growth with cost management remains critical to sustaining long-term operational profitability." — Dr. Shishir Gupta, Founder & CEO, StartupLanes