Pidilite Q1 revenue rises 21.3% as net profit climbs 29.7%

Pidilite Industries reported strong June-quarter growth across adhesives and construction chemicals, with revenue from operations reaching Rs 4,551.6 crore and EBITDA margin expanding 110 basis points to 26.2%.

— Source publishedTue, 4 Aug, 2026, 14:42 IST·First seen Tue, 4 Aug, 2026, 15:33 IST·Source NDTV Profit

What happened

Pidilite Industries reported strong June-quarter performance, with revenue rising 21.3% and consolidated net profit up 29.7% year-on-year. EBITDA grew 26.8%,

Key facts

  • Consolidated net profit: Rs 872 crore, up 29.7% YoY from Rs 672 crore
  • Revenue from operations: Rs 4,551.6 crore, up 21.3% YoY from Rs 3,753 crore
  • EBITDA: Rs 1,194 crore, up 26.8% YoY from Rs 941 crore
  • EBITDA margin: 26.2%, versus 25.1% YoY

Why this matters

Pidilite’s broad-based growth and improving profitability reinforce its strategic strength in high-margin adhesives and construction-chemicals adjacencies.

What to watch

  • Sequential volume growth versus price-led growth in adhesives and construction chemicals.
  • Gross-margin movement and management commentary on VAM, crude derivatives, resins, packaging and freight costs.
  • Advertising and promotion spend as a share of sales, indicating whether Pidilite is reinvesting the margin expansion.
  • Demand commentary from dealers, painters, carpenters and construction channels, particularly outside major cities.
  • Housing, renovation and monsoon-related construction indicators that affect waterproofing and repair demand.
  • Competitor pricing, discounting and new-product activity in adhesives, sealants and waterproofing.
  • Increase advertising and contractor/painter activation behind Fevicol, Fevikwik, Dr. Fixit and construction-chemical brands.
  • Expand distribution in tier-2, tier-3 and rural markets, using stronger cash generation to deepen retailer availability.
  • Push premium waterproofing, repair, sealant and renovation solutions that raise revenue per project and reduce reliance on commodity-like product categories.
  • Use selective price actions and procurement hedging to protect margins if petrochemical-derived input costs rise.
  • Continue targeted product launches and bolt-on expansion in adjacent home-repair and construction categories.