Pidilite Industries Limited has informed the Exchange regarding Board meeting held on August 06, 2025.
PIDILITIND · price
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Awaiting price reaction for this filing.
Pidilite reported steady Q1 FY26 results with standalone revenue from operations at Rs 3,479.3 crores, up about 10.6% from Rs 3,145.8 crores in Q1 FY25. Standalone profit after tax grew around 17.8% to Rs 649.8 crores (from Rs 551.6 crores), while consolidated revenue rose to Rs 3,753.1 crores and consolidated PAT to Rs 678.1 crores (up ~18.7% YoY). No exceptional items were reported in the current quarter. The Board declared a special interim dividend of Rs 10 per share and announced a proposed 1:1 bonus share issue, subject to shareholder approval via postal ballot. Statutory auditors B S R & Co. LLP issued an unmodified limited review opinion on the results.
Solid double-digit revenue and profit growth, combined with a Rs 10 special dividend and a 1:1 bonus issue, is positive for shareholders and likely to support the stock on the ex-date. The bonus issue effectively halves the share price on a per-share basis but doubles share count, leaving overall value unchanged while improving liquidity.