Pidilite (PIDILITIND) — Financial Results

Pidilite Industries reported Q2 FY26 stand-alone revenue of ₹3,272 crores with strong underlying volume growth of 10.3%, driven by Consumer & Bazaar segment's 10.4% UVG and B2B's 9.9% UVG. Gross margins expanded 50 basis points due to benign input costs, particularly VAM declining to $883/ton from $980/ton. The company maintained EBITDA margins at the top end of its 20-24% corridor while increasing advertising spend 80% to capture emerging urban demand recovery. Domestic subsidiaries showed robust 22.6% EBITDA growth, though management took no pricing actions this quarter.

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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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🔥 Also filed on 6 November 2025

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