Pidilite (PIDILITIND) — Financial Results

Pidilite Industries reported ₹87.22 crores revenue for Q3 FY25, up 9.3% YoY, driven by 9.7% underlying volume growth and 100 bps gross margin expansion to 24.3% EBITDA. Rural demand outpaced urban, with pioneer segments contributing to growth despite softness in adhesives and putties. Input costs remain benign, though rupee depreciation and crude prices are monitored. Q4 margins are expected to stay within 20-24 range, with seasonal volume patterns affecting performance. Management emphasized sustained B2B momentum in infrastructure, EV, and electronics, supported by technology partnerships and cautious pricing focused on volume growth.

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About Pidilite Industries Limited (PIDILITIND)

Chemicals · Chemicals & Petrochemicals · Listed on NSE

Market Cap: ₹1,49,378.89 Cr P/E: 75.7

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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