Pidilite Industries Limited — Important, 14-08-2025: Updates

Pidilite reported robust Q1 FY26 results with standalone revenue up 10.6% to INR 3,467 Cr, driven by 9.9% underlying volume growth across Consumer & Bazaar and B2B segments. EBITDA margins expanded to 25.6%. The company declared a INR 10/share special dividend and a 1:1 bonus issue. Operational highlights include strong growth in Roff tile adhesives and Dr. Fixit. Rural sales continue to outpace urban, supported by distribution expansion. New innovations like Nail-free Ultra and Relam are performing well. Haisha Paints is growing steadily in pilot states. Management expects full-year EBITDA margins at the higher end of their 20-24% target.