Pidilite Industries , India's leading manufacturer of adhesives and construction chemicals, has reported robust financial results for the first quarter of fiscal year 2026, along with announcing a special dividend and bonus share issue to commemorate its founder's 101st birth anniversary.

Strong Financial Performance

For Q1 FY26 ended June 30, 2025, Pidilite Industries posted consolidated revenue growth of 10.60% year-over-year, reaching Rs. 3,753.10 crore. The company's performance was driven by an underlying volume growth (UVG) of 9.90% across categories and geographies.

The Consumer & Bazaar (C&B) segment reported a sequentially improved UVG of 9.30%, while the Business to Business (B2B) segment maintained its strong momentum with a UVG of 12.60%, marking the eighth consecutive quarter of double-digit growth.

Consolidated EBITDA for the quarter increased by 15.80% to Rs. 941.00 crore, with EBITDA margins improving by 101 basis points compared to the same quarter last year. Profit after tax grew by 18.70% to Rs. 678.13 crore.

Segment-wise Performance

Special Dividend and Bonus Issue

To commemorate the 101st birth anniversary of its founder, Shri B.K. Parekh, Pidilite Industries' Board of Directors has declared a special interim dividend of Rs. 10 per equity share for the financial year 2025-26. The record date for this dividend is set for August 13, 2025, with payment scheduled for August 29, 2025.

Additionally, subject to shareholder approval, the company has proposed a bonus issue in the ratio of 1:1, meaning shareholders will receive one bonus equity share for every one share held. The record date for this bonus issue will be announced in due course.

Management Commentary

Sudhanshu Vats, Managing Director of Pidilite Industries, commented on the results, saying, "Despite the challenging macro-economic demand environment, we have delivered strong underlying volume growth and healthy operating margins. As we look ahead, we continue to remain cautiously optimistic as the domestic operating environment improves with good monsoons, steady demand conditions especially in the construction sector, lower interest rates and recent measures to improve liquidity."

Future Outlook

The company remains committed to its strategic agenda of delivering consistent, profitable volume-led growth through investments in brands, supply chain, and people. However, management remains watchful of geopolitical developments and their potential impact on supply chain disruptions and global tariffs.

Pidilite Industries continues to focus on innovation across its C&B and B2B segments, which has positively contributed to the overall revenues. The company is also building a resilient supply chain and investing in upgrading and setting up new manufacturing facilities.

With its strong brand portfolio, including household names like Fevicol, M-Seal, and Dr. Fixit, Pidilite Industries is well-positioned to capitalize on the improving domestic operating environment and steady demand in the construction sector.

Pidilite Industries , India's leading manufacturer of adhesives, sealants, and construction chemicals, reported a robust financial performance for the first quarter, surpassing market expectations.

Strong Profit and Volume Growth

The company's consolidated net profit for Q1 rose to ₹678.00 crore, marking an 18.70% increase from the same quarter last year. This performance exceeded analyst estimates, which had projected a profit of ₹617.00 crore according to a CNBC-TV18 poll.

Pidilite Industries achieved a 10.50% revenue growth, slightly above the estimated ₹3,700.00 crore, with total revenue reaching ₹3,753.00 crore.

Operational Highlights

• EBITDA grew 16% to ₹941.00 crore, surpassing the estimated ₹874.00 crore.
• EBITDA margin expanded 110 basis points to 25%, above the estimated 23.60%.
• The company achieved an underlying volume growth of 10% across categories and geographies, exceeding expectations of 8-10%.

Special Announcements

The board of Pidilite Industries approved two significant measures:

1. A bonus issue in the ratio of 1:1 (subject to shareholder approval). The record date for this will be determined later.
2. A special interim dividend of ₹10.00 per share, with August 13 set as the record date.

Market Response

Following the announcement of these strong results and shareholder-friendly measures, Pidilite Industries' shares traded 1.40% higher at ₹3,037.30.

Future Outlook

Pidilite Industries' strong Q1 performance, coupled with strategic initiatives like the bonus issue and special dividend, positions the company favorably in the adhesives and construction chemicals market. The company continues to demonstrate resilience and growth potential in a challenging macro-economic environment.