PIDILITINDNSEPidilite Industries Limited· Chemicals - SpecialityHighPositive
Announced Thu, 7 May · 20:22 IST

Pidilite Industries Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 11.50 per equity share.

Corporate Actions View source PDF

PIDILITIND · price

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Price reaction · full curve 14 horizons · vs prior close
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₹1461.10
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AI summary

Pidilite Industries' Board has recommended a final dividend of Rs. 11.50 per equity share (face value Re. 1/-) for FY2026, subject to shareholder approval at the 57th AGM. This is in addition to a special interim dividend of Rs. 10/- per share paid in August 2025, bringing total dividend for the year to Rs. 21.50 per share. Standalone revenue grew 11.7% year-on-year to Rs. 13,488 crores, while profit after tax increased 15% to Rs. 2,384 crores. The company also completed a 1:1 bonus share issue in September 2025 (allotted 50.89 crore bonus shares). Auditors B S R & Co. LLP issued an unmodified opinion on the annual results.

Likely market impact

The dividend increase and strong 15% PAT growth indicate healthy cash generation and shareholder-friendly policies. The bonus issue has doubled the share count, making per-share metrics comparison with prior periods require adjustment.