500331
Pidilite Industries Ltd
BSEFiling History
Recent corporate announcements and filings for 500331
Governance
Neutral
2026-10-09 17:20
- Board meeting scheduled for Wednesday, 28th October, 2026
- Agenda is to consider and approve unaudited financial results for the second quarter ended 30th September, 2026
Governance
Neutral
2026-10-09 11:33
- Pidilite Industries Ltd announced the appointment of Mr. Amit Agarwal as Chief Financial Officer – Designate (CFO Designate) and Senior Management Personnel effective 9th October, 2026.
- He has over 22 years of experience in finance, accounting, reporting, audit, and control across companies like Pfizer, HUL, and Vedanta.
- He is a qualified Chartered Accountant, Cost Accountant, and Company Secretary.
Business Update
Neutral
2026-09-29 15:55
- Pidilite Ventures Pvt. Ltd. (wholly owned subsidiary) agreed to transfer its entire shareholding in associate company Finemake Technologies to its founders.
- Finemake had FY26 revenue of Rs. 24.36 Cr (0.06% of consolidated revenue) and PAT of Rs. (7.82) Cr.
- Expected completion date of the sale is 15th October 2026.
Business Update
Positive
2026-09-28 15:45
- Pidilite Industries has entered into a strategic partnership with Hwaseung Chemical to bring advanced South Korean footwear adhesive technologies to the Indian market.
- The collaboration aims to strengthen India's footwear manufacturing ecosystem by providing globally benchmarked, high-performance adhesive systems used in sports footwear production.
- The introduced adhesive formulations are low-VOC, non-flammable, and comply with strict global environmental and safety standards such as REACH, SVHC, and RoHS.
Routine
Neutral
2026-09-23 17:20
- Intimation of closure of trading window from September 30, 2026, until 48 hours after the declaration of unaudited quarterly financial statements for the quarter ended September 30, 2026.
Ownership
Neutral
2026-09-18 11:50
- Pidilite Industries Limited allotted 660,480 equity shares to eligible employees under ESOP-2016 on September 18, 2026.
- The total paid-up equity share capital increased from 1,017,879,688 to 1,018,540,168 shares.
Business Update
Neutral
2026-09-15 17:42
- Schedule of Analyst/Institutional Investor Meetings
- Dates: September 23 & 28, 2026
- Meetings with: J.P. Morgan India Consumption Forum, ENAM AMC, Girik Capital, Axis Mutual Fund
- Modes: Physical conference and Virtual Meetings
Business Update
Neutral
2026-09-03 18:54
- Pidilite Industries Limited's wholly-owned step-down subsidiary, Nina Percept (Bangladesh) Private Limited (NPBPL), has been voluntarily liquidated effective August 19, 2026.
- NPBPL was inoperative since incorporation due to lack of business opportunities and reported Nil turnover for the last financial year.
Business Update
Neutral
2026-09-01 15:05
- Concall Schedule
- Concall Date: 08 September, 2026
- Concall Time: 01:00pm to 02:00pm
- Meeting with Aberdeen Asset Management
Business Update
Negative
2026-09-01 14:07
CRITICAL RED FLAG DETECTED
- Pidilite Industries Limited received an Order-in-Original on August 31, 2026, from the Superintendent of Central GST & C. Excise, imposing a penalty of Rs. 10,42,207/- under the CGST Act for F.Y. 2020-21.
- The company is reviewing the order and plans to appeal, stating no material impact on financials or operations.
Governance
Negative
2026-08-25 15:56
CRITICAL RED FLAG DETECTED
- Pidilite Industries Limited announced the resignation of Mr. Vivek Sharma, Chief Information and Digital Officer (Senior Management Personnel).
- His resignation was effective 24th August, 2026, with his last working day being 31st October, 2026.
- He is pursuing new opportunities outside the organization.
Business Update
Neutral
2026-08-24 14:55
- Investor Meeting Schedule
- Meeting Date: 31st August, 2026
- Meeting Time: 05:00 PM to 06:00 PM
Ownership
Neutral
2026-08-21 14:58
- Pidilite Industries Limited allotted 89,340 equity shares under ESOP-2016 on August 21, 2026.
- The shares, with a face value of Re.1/- each, were allotted for cash at par.
- Post-allotment, the company's equity share capital increased from 1,017,790,348 to 1,017,879,688.
Business Update
Neutral
2026-08-19 17:50
- Investor Meeting Schedule
- Meeting Date: 24 August, 2026
- Meeting Time: 10:00am to 11:00am
- Meeting with: HDFC Mutual Fund
- Venue: Mumbai
Business Update
Positive
2026-08-12 18:12
- Q1 FY27 consolidated revenue grew by 21.3% and Profit After Tax (PAT) by 30.3% year-on-year.
- Consolidated EBITDA margin improved by 120 basis points YoY, demonstrating operating leverage despite 90 bps lower gross margins.
- Standalone underlying volume growth was 11.3%, with Consumer & Bazaar at 12.2% and B2B at 7.3%.
- Management approved a dividend of INR 11.50 per share.
- Demand is holding well, with expectations of continued double-digit underlying volume growth for core categories.
- Growth businesses (Dr. Fixit, Roff, Projects) are experiencing accelerated momentum (2x-4x GDP growth).
- New core innovations like Fevicol X-PER (anti-bending adhesive) and M-Seal Advanced (low VOC, easy wash-off) show strong potential.
- The company is actively gaining market share in underpenetrated categories like tile adhesives and waterproofing, driven by a focus on quality, plant network, and trained applicators.
- Pidilite aims to maintain EBITDA margins within its 20-24% guidance band, adapting to raw material volatility.
- Strategic initiatives include expanding in electronics (consumer, auto, EV) and refining its urban paint playbook.
Business Update
Neutral
2026-08-11 17:52
- Concall Schedule
- Concall Date: 18 August 2026
- Concall Time: 10:00am to 01:00pm
Business Update
Neutral
2026-08-05 18:35
- Pidilite Industries Limited to hold an Analyst/Institutional Investor Meeting with Avendus Spark INDX - Asia Edition 2026.
- Date: 13-14 August 2026, from 10:00am to 05:00pm.
- Venue: Singapore (Physical Conference, Group Meeting).
Governance
Positive
2026-08-04 19:27
- The 57th Annual General Meeting (AGM) of Pidilite Industries Limited was held on August 4, 2026.
- All five resolutions were passed with requisite majority, including adoption of financial statements, declaration of dividend, re-appointment of two directors, and ratification of cost auditor remuneration.
Governance
Positive
2026-08-04 19:27
- The 57th Annual General Meeting (AGM) of Pidilite Industries Limited was held on Tuesday, August 4, 2026.
- All five resolutions, including the adoption of financial statements, declaration of dividend, and re-appointment of directors, were passed with requisite majority.
Financials
Positive
2026-08-04 14:38
- Consolidated Revenue ₹4,541 Cr vs ₹3,742 Cr (▲21.3% YoY)
- EBITDA ₹1,194 Cr vs ₹941 Cr (▲26.9% YoY)
- PAT ₹884 Cr vs ₹678 Cr (▲30.3% YoY)
- EBITDA Margin 26.3% vs 25.1% (▲120bps)
Financials
Positive
2026-08-04 14:18
- Consolidated Revenue ₹4551.55 Cr vs ₹3753.10 Cr (▲21.27% YoY)
- EBITDA ₹1210.62 Cr vs ₹941.21 Cr (▲28.62% YoY)
- PAT ₹872.41 Cr vs ₹672.41 Cr (▲29.74% YoY)
- EBITDA Margin 26.59% vs 25.08% (▲151bps)
Financials
Positive
2026-08-04 14:17
- Consolidated Revenue ₹4,551.55 Cr vs ₹3,753.10 Cr (▲21.27% YoY)
- EBITDA ₹1,210.62 Cr vs ₹941.21 Cr (▲28.62% YoY)
- PAT ₹872.41 Cr vs ₹672.41 Cr (▲29.74% YoY)
- EBITDA Margin 26.60% vs 25.08% (▲152 bps)