Pidilite Industries Limited has informed the Exchange regarding a press release dated August 06, 2025
PIDILITIND · price
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Pidilite Industries reported Q1 FY26 consolidated net sales of Rs 3,742 crore, up 10.6% year-on-year, driven by an underlying volume growth (UVG) of 9.9% across categories and geographies. Profit after tax rose 18.7% to Rs 678 crore, while EBITDA grew 15.8% to Rs 941 crore with margins improving by 101 basis points. The B2B segment posted its eighth consecutive quarter of double-digit volume growth at 12.6%, and Consumer & Bazaar UVG improved sequentially to 9.3%. To mark the 101st birth anniversary of founder Shri BK Parekh, the Board approved a 1:1 bonus share issue (subject to shareholder approval) and a special interim dividend of Rs 10 per share. Management said it remains cautiously optimistic, citing good monsoons, steady construction demand, and lower interest rates.
Strong double-digit earnings growth along with a bonus issue and special dividend is a positive signal for shareholders; the 1:1 bonus will also increase share liquidity and improve retail affordability of the stock.