Business Update Positive

2026-11-05 17:34

Earnings call transcript highlights strong double-digit underlying volume growth (UVG) of 10.7% standalone and 11% in H1 FY27, driven by robust demand in Consumer and Bazaar as well as B2B segments. Gross margins faced headwinds due to elevated VAM prices (averaging $1,630 in Q2) and crude-linked inflation, but robust top-line growth and operating leverage helped cushion EBITDA margins to 20.4% in Q2. Management remains confident of delivering H2 EBITDA margins within the guided corridor of 20% to 24%, supported by a proactive price hike of 3% to 5% implemented on October 1. International and domestic subsidiaries delivered strong revenue growths north of 20%, led by key entities in Dubai, Bangladesh, Kenya, and Thailand, along with new product innovations across categories.

Business Update Positive

2026-11-05 17:32

Current scenario: - Standalone revenue grew by 21.7% YoY with underlying volume growth (UVG) of 10.7%. - Consumer and Bazaar UVG was 11.1% and B2B UVG was 9.2%. - Gross margins declined sequentially and YoY due to elevated input costs, specifically VAM consumption rate reaching $1,630 in Q2. - EBITDA came in at the lower end of the range at 20.4%, supported by operating leverage from robust top-line growth. - International subsidiaries grew by 21.8% and domestic subsidiaries grew by 22.2%. Changes in trends: - Urban growth saw an uptick and is currently quite similar to rural growth, for the first time slightly ahead of rural in Q2. - VAM prices experienced high volatility, shooting up after the West Asia conflict, cooling down, and then rising again towards the end of Q2. Management Guidance & Outlook: - Confident of delivering full-year H2 EBITDA margin in the corridor of 20% to 24%, ideally at the higher end. - Taken a price increase of 3% to 5% on October 1 for key brands like Fevicol and Dr. Fixit, with potential further increases depending on market conditions. - Aims to gradually lift underlying volume growth towards early teens over the medium term. Growth Drivers: - Strong traction in construction chemicals (Dr. Fixit, Roff, and CIPY) across retail and projects. - New product innovations and foundational innovations like Multi Lock, X-Per, Wonderproof, M-Seal Advance, Araldite Wud X, and Araldite White X. - Partnerships and joint ventures (such as Grupopuma) focusing on exterior renders and specialized tile adhesives.

Routine Neutral

2026-10-29 18:53

- Pidilite Industries Limited informed the exchange regarding the audio recording of the Q2 FY27 earnings call held on 29th October 2026. - The audio recording has been made available on the company website under investor relations.

Business Update Neutral

2026-10-29 18:52

Pidilite Industries Ltd has uploaded the audio recording of its Q2 FY27 Earnings Call held on 29th October, 2026. - The recording is accessible on the company's investor relations website pursuant to Regulation 30 of SEBI (LODR) Regulations, 2015.

Business Update Positive

2026-10-28 19:39

- Pidilite Industries Limited submitted the Earnings Presentation for the quarter ended 30th September, 2026. - Q2 FY27 Standalone Net Sales stood at ₹3,982 Cr, registering a YoY growth of 21.7% with an Underlying Volume Growth (UVG) of 10.7%. - Q2 FY27 Standalone EBITDA margin was reported at 20.4%, and PAT grew by 10.4% YoY.

Business Update Positive

2026-10-28 19:37

- Pidilite Industries Ltd submitted its Earnings Presentation for the quarter ended September 30, 2026. - Standalone Net Sales for Q2 FY27 reached ₹3,982 Cr, reflecting a 21.7% growth YoY with an Underlying Volume Growth (UVG) of 10.7%. - EBITDA for Q2 FY27 stood at ₹811 Cr with an EBITDA margin of 20.4%. - Standalone PAT for Q2 FY27 grew by 10.4% YoY to ₹647 Cr.

Financials Positive

2026-10-28 19:15

Pidilite Industries reported strong financial results for Q2 FY27 with consolidated net sales growing 21.1% YoY to ₹4,285 Cr. EBITDA stood at ₹878 Cr vs ₹851 Cr (▲3.1% YoY) with an EBITDA margin of 20.5%. PAT grew by 7.1% YoY to ₹626 Cr vs ₹585 Cr. Consumer & Bazaar (C&B) and Business to Business (B2B) segments delivered robust underlying volume growth (UVG) of 11.1% and 9.2% respectively.

Financials Positive

2026-10-28 19:13

Q2 FY27 Consolidated Revenue ₹4,285Cr vs ₹3,540Cr (▲21.1% YoY) EBITDA ₹878Cr vs ₹851Cr (▲3.1% YoY) PAT ₹626Cr vs ₹585Cr (▲7.1% YoY) EBITDA Margin 20.5% vs 24.0% (▼350bps)

Financials Neutral

2026-10-28 19:07

Q2 FY27 Consolidated Revenue ₹4,298Cr vs ₹3,554Cr (▲20.9% YoY) EBITDA ₹882Cr vs ₹850Cr (▲3.8% YoY) PAT ₹626Cr vs ₹585Cr (▲7.2% YoY) EBITDA Margin 20.5% vs 23.9% (▼339bps)

Financials Neutral

2026-10-28 19:01

Q2 FY27 Consolidated Revenue ₹4,297.59Cr vs ₹3,554.44Cr (▲20.9% YoY) EBITDA ₹882.40Cr vs ₹850.38Cr (▲3.8% YoY) PAT ₹626.46Cr vs ₹584.60Cr (▲7.2% YoY) EBITDA Margin 20.53% vs 23.92% (▼339bps)

Financials Neutral

2026-10-28 19:00

Q2 FY27 Consolidated Revenue ₹4,298Cr vs ₹3,554Cr (▲20.9% YoY) EBITDA ₹882Cr vs ₹850Cr (▲3.8% YoY) PAT ₹626Cr vs ₹585Cr (▲7.2% YoY) EBITDA Margin 20.5% vs 23.9% (▼339bps)

Governance Neutral

2026-10-27 14:57

- Pidilite Industries Ltd has appointed Mr. Manish Airee as Chief Business Officer-CC Retail and Mr. Huzefa Kanchwala as Chief Business Officer-Roff as Senior Management Personnel effective 27th October, 2026. - Mr. Manish Airee brings over 30 years of total experience and has been with the company since June 2020. - Mr. Huzefa Kanchwala has over 22 years of experience at Pidilite Industries.

Governance Neutral

2026-10-27 14:55

- Pidilite Industries Limited informed about the appointment of Senior Management Personnel w.e.f. 27th October, 2026. - Mr. Manish Airee has been appointed as Chief Business Officer-CC Retail. - Mr. Huzefa Kanchwala has been appointed as Chief Business Officer-Roff.

Routine Neutral

2026-10-27 14:48

- Pidilite Industries Limited has granted 1,44,270 stock options under ESOP-2016 to eligible employees on October 27, 2026. - Exercise Price is set at Re. 1/- per option. - Vesting is scheduled across multiple dates ranging from October 2027 to October 2029. - Exercise period is up to 3 years from the date of vesting.

Routine Neutral

2026-10-27 14:47

- Pidilite Industries has granted 1,44,270 stock options under ESOP-2016. - The exercise price is Re. 1/- per option. - Grant date is 27th October 2026. - Vesting is scheduled across multiple tranches between October 2027 and October 2029. - Exercise period is up to 3 years from the date of vesting.

Business Update Neutral

2026-10-13 16:54

Concall Schedule Concall Date: Thursday, October 29, 2026 Concall Time: 15:30 hrs India Time

Business Update Neutral

2026-10-13 16:52

Concall Schedule Concall Date: Thursday, October 29, 2026 Concall Time: 15:30 hrs India Time

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.

Governance Neutral

2026-10-09 11:33

- Pidilite Industries Limited has appointed 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, having previously worked with Pfizer Limited, Hindustan Unilever Limited, and Vedanta Resources Limited. - He holds qualifications as a Chartered Accountant, Cost Accountant, and Company Secretary.

Business Update Neutral

2026-09-29 15:56

- Pidilite Ventures Pvt. Ltd. agreed to transfer its entire shareholding in associate company Finemake Technologies Private Limited to its founders. - Finemake had FY26 revenue of ₹24.36 Cr (0.06% of consolidated revenue), PAT of ₹(7.82) Cr, and net worth of ₹(6.18) Cr. - Expected completion date of the transaction is 15th October 2026.

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 15:46

Pidilite Industries has partnered with Hwaseung Chemical to introduce advanced South Korean footwear adhesive technologies to the Indian market. - The collaboration aims to provide Indian manufacturers with globally benchmarked, high-performance adhesive systems trusted by international sports footwear brands. - The introduced adhesives feature eco-friendly, low-VOC, and non-flammable formulations complying with global standards like REACH and RoHS.

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 17:21

- The trading window for dealing in the Company's securities will remain closed from September 30, 2026. - It will reopen 48 hours after the declaration of the unaudited quarterly financial statements for the quarter ended September 30, 2026.

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.

Ownership Neutral

2026-09-18 11:46

- Pidilite Industries Limited allotted 660,480 equity shares under its ESOP-2016 scheme on September 18, 2026. These shares will rank pari passu with existing equity shares. The share capital increased from 1,017,879,688 to 1,018,540,168.

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

2026-09-15 17:40

- Concall Schedule - Concall Date: 23rd September 2026 with J.P. Morgan India Consumption Forum (10:00am-11:00am, Physical) and ENAM AMC (05:00pm-06:00pm, Virtual) - Concall Date: 28th September 2026 with Girik Capital (02:30pm-03:30pm, Virtual) and Axis Mutual Fund (04:30pm-05:30pm, Physical)

Business Update Neutral

2026-09-03 18:56

- Pidilite Industries Limited intimated the voluntary liquidation of its wholly-owned step-down subsidiary, Nina Percept (Bangladesh) Private Limited (NPBPL).- NPBPL was voluntarily liquidated effective August 19, 2026.- The subsidiary was inoperative since its incorporation due to a lack of business opportunities and reported Nil turnover as of March 31, 2026.

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 Neutral

2026-09-01 15:04

- Analyst/Institutional Investor Meeting Schedule - Date: 08 September, 2026 - Time: 01:00pm to 02:00pm - Meeting with: Aberdeen Asset Management - Mode: Physical meeting in Mumbai

Business Update Neutral

2026-09-01 14:09

CRITICAL RED FLAG DETECTED

- Pidilite Industries received a regulatory order imposing a penalty of ₹10,42,207 under the Central Goods and Services Tax Act for F.Y. 2020-21. The company plans to appeal and states no material impact on financials or operations.

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.

Governance Negative

2026-08-25 15:56

CRITICAL RED FLAG DETECTED

- Mr. Vivek Sharma, Chief Information and Digital Officer (Senior Management Personnel) of Pidilite Industries Limited, has resigned to pursue new opportunities. - His resignation was tendered on August 24, 2026. - His last working day will be October 31, 2026.

Business Update Neutral

2026-08-24 14:56

- Concall Schedule - Concall Date: 31st August, 2026 - Concall Time: 05:00pm to 06:00pm - Meeting with: Axis Capital

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

Routine Neutral

2026-08-21 14:59

- Pidilite Industries Limited allotted 89,340 equity shares on August 21, 2026, under its ESOP-2016 scheme. - This allotment, at face value Re.1/- per share for cash at par, increased the company's share capital from 1,017,790,348 to 1,017,879,688 shares.

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 Neutral

2026-08-19 17:49

- Analyst/Institutional Investor Meeting Schedule - Meeting Date: 24 August, 2026 - Meeting Time: 10:00am to 11:00am - Meeting with: HDFC Mutual Fund - Venue: Mumbai - Mode of Interaction: Physical meeting

Business Update Positive

2026-08-12 18:14

- Board approved Q1 FY27 results and recommended a dividend of INR 11.50 per share. - Management reported strong underlying volume growth in Consumer and Bazaar (12.2%) and B2B segments (7.3%). - B2B exports declined by 8.4% due to geopolitical issues, but management expects recovery as the situation stabilizes. - Consolidated EBITDA margin improved by 120 basis points year-on-year, with the company aiming to manage full-year margins within the 20-24% band. - Demand remains robust, and the company anticipates delivering double-digit underlying volume growth. - Accelerated momentum is observed in growth businesses like Dr. Fixit and Roff, along with new core innovations (Fevicol X-PER, M-Seal Advanced) and new product UnoFin gaining market acceptance.

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 17:54

- Investor Meeting Schedule - Meeting Date: 18 August 2026 - Meeting Time: 10:00am to 01:00pm - Event: Motilal Oswal 22nd Annual Global Investor Conference, 2026 (Physical Group Meeting in Mumbai)

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).

Business Update Neutral

2026-08-05 18:31

- Analyst/Institutional Investor Meeting Schedule - Date: 13-14 August 2026 - Time: 10:00am to 05:00pm - Meeting with: Avendus Spark INDX - Asia Edition 2026 - Venue: Singapore - Mode: Physical Conference (Group Meeting)

Business Update Neutral

2026-08-05 18:15

- Audio recording of the Q1 FY27 Earnings Call held on August 5, 2026, has been uploaded to the company's website and is available for investors.

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.

Governance Positive

2026-08-04 19:14

- The 57th Annual General Meeting (AGM) of Pidilite Industries Limited was held on August 4, 2026. - Shareholders approved the adoption of financial statements and declaration of dividend. - Re-appointment of directors Shri A B Parekh and Shri Kavinder Singh was approved. - Remuneration for Cost Auditors for FY2027 was ratified.

Financials Positive

2026-08-04 14:50

- Consolidated Revenue ₹4,541 Cr (▲21.3% YoY) - EBITDA ₹1,194 Cr (▲26.9% YoY) - PAT ₹884 Cr (▲30.3% YoY) - EBITDA Margin 26.4% (▲80bps YoY)

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 14:37

- Consolidated Revenue ₹4,541Cr vs ₹3,742Cr (▲21.3% YoY) - EBITDA ₹1,194Cr vs ₹941Cr (▲26.9% YoY) - PAT ₹884Cr vs ₹678Cr (▲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)

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% (▲152bps)

Governance Negative

2026-07-22 14:53

CRITICAL RED FLAG DETECTED

- Pidilite Industries Limited received an Order dated June 30, 2026, from the Assistant Commissioner of CGST & C. Ex. Division-III. - The order imposes a penalty of ₹46,98,047/- for F.Y. 2020-21 to 2022-23 under the Central Goods and Services Tax Act. - The company is reviewing the order, plans to appeal, and states there is no material impact on financials, operations, or other activities.

Governance Neutral

2026-07-21 12:25

- Appointment of Shri Suresh Kumar C as Chief Human Resource Officer (CHRO) and Senior Management Personnel, effective July 21, 2026. - Shri Ashish Prasad, the current CHRO, will transition to the role of CBO - Strategic Initiatives, remaining Senior Management Personnel.

Business Update Neutral

2026-07-13 14:44

- Concall Schedule - Concall Date: 5th August, 2026 - Concall Time: 4:00 PM (IST)

Ownership Neutral

2026-07-13 12:17

- On July 13, 2026, Pidilite Industries Limited allotted 15,000 equity shares of Re.1/- each to eligible employees under ESOP-2016.- The company's share capital increased from 1,017,775,348 to 1,017,790,348.

Business Update Negative

2026-07-10 14:52

CRITICAL RED FLAG DETECTED

- Pidilite Industries Limited received an Order-in-Appeal dated July 08, 2026, confirming a penalty of ₹34,65,813/- from CGST Patna for FY 2017-18. - The company is reviewing the order and plans to appeal, stating no material impact on financials or operations.

Governance Positive

2026-07-08 16:32

- Pidilite Industries Ltd. notified shareholders about the 57th Annual General Meeting (AGM) for FY 2025-26, to be held on August 4, 2026, at 3:00 p.m. (IST) via VC/OVAM. - The web-link for the Annual Report and Notice of AGM has been provided. - The record date for dividend is July 23, 2026, with payment scheduled for on or after August 7, 2026.

Governance Positive

2026-07-06 18:08

- Notice of 57th Annual General Meeting (AGM) to be held on Tuesday, August 4, 2026, at 3:00 p.m. via Video Conferencing. - Agenda includes adoption of financial statements for FY 2025-26 and declaration of a final dividend of ₹11.50 per equity share for FY 2025-26. - This is in addition to the special interim dividend of ₹10/- per equity share already paid for FY 2025-26.

Business Update Positive

2026-07-06 17:51

- Pidilite Industries Limited filed its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26. - The report outlines the company's commitment to Environmental, Social, and Governance (ESG) principles, including efforts in environmental stewardship, social responsibility, and corporate governance. - The BRSR, along with an Independent Practitioners' Reasonable Assurance Report by KPMG, forms an integral part of the Annual Report.

Business Update Negative

2026-07-02 11:02

CRITICAL RED FLAG DETECTED

- Pidilite Industries Limited received an Order-in-Appeal on June 30, 2026, confirming a penalty of ₹21,44,192/- under the GST Act for FY 2022-23. - The company plans to appeal the order and states there is no material impact on financials or operations.

Business Update Negative

2026-07-02 10:58

CRITICAL RED FLAG DETECTED

- Pidilite Industries received an Order-in-Appeal on June 30, 2026. - A penalty of ₹39,98,741/- was confirmed under GST Act for FY 2018-19. - The company is reviewing the order and plans to appeal. - States no material impact on financials or operations.

Business Update Neutral

2026-07-01 17:26

- Pidilite Ventures Pvt. Ltd. (PVPL), a wholly-owned subsidiary of Pidilite Industries, completed the transfer of its entire shareholding in Buildnext Construction Solutions Private Limited to JSW One Platforms Limited. - PVPL received equity shares of JSW One in consideration for the transfer. - Buildnext has ceased to be an associate company of PVPL.

Governance Positive

2026-06-24 18:22

- 57th Annual General Meeting (AGM) scheduled for Tuesday, August 4, 2026, via Video Conferencing. - Record Date for payment of final dividend for FY 2025-26 is Thursday, July 23, 2026.

Routine Neutral

2026-06-24 18:07

- The trading window for the company's shares will close from June 30, 2026. - It will remain closed until 48 hours after the declaration of unaudited quarterly financial results for the quarter ended June 30, 2026. - This is as per SEBI (Prohibition of Insider Trading) Regulations, 2015.

Financials Positive

2026-06-18 18:31

- Board of Directors recommended a dividend of ₹11.50 per Equity Share for the Financial Year ended 31st March, 2026, subject to shareholder approval. - Dividend income is taxable as per the Income Tax Act, 2025, and tax will be deducted at source (TDS). - Shareholders are requested to update records and submit tax-related documents (e.g., Form 121 for exemption) by July 10, 2026, to ensure appropriate TDS deduction.

Business Update Neutral

2026-06-15 12:35

- Schedule of Analyst/Institutional Investor Meetings with Pidilite Industries Limited. - June 22, 2026: Meeting with HSBC Securities (12:00pm - 01:00pm, Physical Meeting). - June 25, 2026: Meeting with Millenium Management (12:30pm - 01:30pm, Virtual Conference). - June 29, 2026: Meeting with Macquarie (05:00pm - 06:00pm, Physical Meeting). - Note: Dates are subject to changes.

Routine Neutral

2026-06-05 17:57

- Pidilite Industries Limited informed shareholders holding physical shares about the mandatory furnishing of PAN, KYC, and Bank details as per SEBI Master Circular dated February 06, 2026. - Physical shareholders are requested to update their details with the RTA (MUFG Intime India Private Limited) to ensure compliance and electronic payment of dividends/interest.

Business Update Neutral

2026-06-01 16:57

Pidilite Industries Limited has intimated the schedule of analyst/institutional investor meetings to be held on June 8th and 9th, 2026. The company will engage with J.P. Morgan India for a Consumer CEO/CFO Fireside Chat Series, Quest Investment Advisors, and participate in the ICICI Securities India Investor Conference 2026.

Business Update Neutral

2026-05-26 11:36

Pidilite Industries Limited informed about the schedule of analyst/institutional investor meetings. On June 02, 2026, the company will have a physical meeting with Walter Scott, and on June 04, 2026, a virtual meeting with ENAM AMC, both for single institutions.

Routine Neutral

2026-05-26 11:28

Pidilite Industries Limited received an Order-in-Appeal on May 25, 2026, imposing a penalty of Rs. 15,18,927/- under the Central Goods and Services Tax Act for FY 2021-22. The company plans to appeal the order and has stated that there is no material impact on its financials, operations, or other activities.

Routine Neutral

2026-05-19 14:40

Pidilite Industries Limited submitted its Annual Secretarial Compliance Report for the year ended March 31, 2026, issued by M/s. Parikh & Associates, Company Secretaries. The report confirms the company's general compliance with SEBI Regulations and circulars, with no significant deviations or non-compliances observed during the review period, and no resignations of statutory auditors or actions by SEBI/Stock Exchanges.

Business Update Neutral

2026-05-15 22:21

Pidilite Industries Limited has scheduled non-deal roadshows for institutional investors, organized by Kotak Securities. These physical meetings will take place in New York on May 26-27, 2026, Boston on May 28, 2026, and Chicago on May 29, 2026, where the company will interact with investor groups.

Business Update Positive

2026-05-15 14:26

Pidilite Industries management expressed confidence in maintaining underlying volume growth, aiming for a systematic increase of approximately 100-120 bps over FY26's 11.1% UVG. While not providing explicit FY27 guidance due to dynamic conditions, they expect Q1 FY27 momentum to continue, driven by buoyancy in urban demand. The company reiterated its commitment to an EBITDA margin corridor of 20-24%. To counter a 40-50% weighted average raw material inflation, price hikes of 12-15% have been implemented for the Fevicol division in April and May. Capex is expected to remain in the 3-5% of revenue range, with a large white glue/Fevicol plant commissioning in Q1 FY27. Supply security is a key focus amidst West Asia conflict disruptions, though export exposure is small. A final dividend of INR 11.5 per share was approved.

Business Update Neutral

2026-05-11 11:46

Pidilite Industries Limited announced the schedule of Analyst/Institutional Investor Meetings under SEBI Regulations. The company will hold virtual meetings with Citi's 2026 Pan-Asia: Flagship Overseas Conference (Investor Group) on May 18-19, 2026, and a physical meeting with T. Rowe Price Singapore (Single Institution) on May 22, 2026, all in Mumbai. These meetings are for the purpose of interacting with analysts and institutional investors.

Business Update Neutral

2026-05-08 18:55

Pidilite Industries Limited announced that the audio recording of its Q4 FY26 Earnings Call, held on May 8, 2026, has been uploaded to the company's website for investor access.

Financials Neutral

2026-05-07 20:38

Pidilite Industries Limited has submitted its Earnings Presentation to the stock exchanges for the quarter and year ended 31st March, 2026.

Financials Positive

2026-05-07 20:23

Pidilite Industries Limited reported strong Standalone financial results for Q4 FY26. Revenue from operations increased to ₹3,284.80 Cr from ₹2,850.86 Cr (▲15.2% YoY). EBITDA grew to ₹765.65 Cr from ₹563.67 Cr (▲35.8% YoY). PAT rose to ₹547.39 Cr from ₹445.76 Cr (▲22.8% YoY). EBITDA Margin expanded from 19.8% to 23.3% (▲354 bps). The Board recommended a dividend of ₹11.50 per equity share.

Financials Positive

2026-05-07 20:20

Pidilite Industries Limited reported strong Q4 FY26 consolidated results with Net Sales of ₹3,572 Cr vs ₹3,130 Cr (▲14.1% YoY), EBITDA of ₹833 Cr vs ₹633 Cr (▲31.6% YoY), and PAT of ₹584 Cr vs ₹428 Cr (▲36.6% YoY). EBITDA Margin expanded from 20.2% to 23.3% (▲310bps). The company also proposed a final dividend of Rs 11.5 per share. Management expects domestic demand momentum to continue.

Financials Positive

2026-05-07 19:43

Pidilite Industries Limited reported Consolidated Total Income of ₹3,563.31 Cr for the quarter ended March 31, 2026, compared to ₹3,158.86 Cr in the previous year's corresponding quarter (▲12.81% YoY). EBITDA stood at ₹819.51 Cr vs ₹615.49 Cr (▲33.15% YoY), and Net Profit (PAT) was ₹618.33 Cr vs ₹494.39 Cr (▲25.07% YoY). EBITDA Margin expanded by 350 bps, from 19.49% to 22.99%. The Board also recommended a final dividend of Rs. 11.50 per equity share for the financial year ended March 31, 2026.

Routine Neutral

2026-05-06 15:32

Pidilite Industries Limited informed about a scheduled Analyst/Institutional Investor Meeting with Seafarer Capital on May 13, 2026, from 5:00 PM to 6:00 PM in Mumbai. This physical meeting is with a single institution.

Business Update Neutral

2026-04-29 19:27

Pidilite's subsidiary, Pidilite Ventures Pvt. Ltd. (PVPL), entered into a Share Swap Agreement with JSW One Platforms Ltd. to transfer its entire shareholding in Buildnext Construction Solutions Pvt Ltd (an associate with FY25 turnover of ₹18.38 Cr and PAT of -₹9.11 Cr) to JSW One. In consideration, PVPL will receive shares of JSW One. Additionally, PVPL will make an further investment of up to ₹22 crore in Buildnext by subscribing to Compulsorily Convertible Preference Shares. The transaction is expected to complete by August 10, 2026.

Business Update Negative

2026-04-20 16:24

CRITICAL RED FLAG DETECTED

Pidilite Industries received an Order-in-Original dated April 17, 2026, from the Joint Commissioner, CGST & C.Ex. Mumbai South, imposing a penalty of ₹79.68 lakhs under the CGST Act, 2017, for the period July 2017-March 2018. The company is reviewing the order for appeal and states it will have no material impact on financials.

Financials Neutral

2026-04-17 11:13

Pidilite Industries Ltd. announced an earnings conference call on Friday, May 8, 2026, at 4:00 P.M. IST to discuss Q4FY26 Performance and Business Updates. Details for participation are provided.

Routine Neutral

2026-04-16 18:58

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Routine Neutral

2026-04-09 16:40

New Filing detected. See link for details.

Governance Neutral

2026-03-25 17:18

The postal ballot for the appointment of Dr. Naushad Forbes (DIN: 00630825) as an Independent Director of the Company for a 5-year term from 21st January, 2026 to 20th January, 2031 was duly approved by members on March 12, 2026.

Business Update Negative

2026-03-25 17:06

CRITICAL RED FLAG DETECTED

Pidilite Industries received GST orders dated March 24, 2026, imposing penalties of ₹1,17,21,593 for FY 2021-24 and ₹3,76,616 for FY 2024-25 from the Assistant Commissioner (ST), Visakhapatnam. The company stated the order is appealable and has no material impact on financials.

Ownership Neutral

2026-03-25 16:55

Pidilite Industries Limited announced the closure of its trading window from March 31, 2026, until 48 hours after the declaration of Audited financial statements for the year ended March 31, 2026, as per SEBI (Prohibition of Insider Trading) Regulations, 2015.

Business Update Neutral

2026-03-23 20:47

Pidilite Industries Limited informed about an analyst/institutional investor meeting with ICICI Prudential Mutual Fund scheduled for March 27, 2026, from 03:00 PM to 04:00 PM in Mumbai. The meeting will be a physical interaction with a single institution.

Business Update Neutral

2026-03-20 15:01

Pidilite Industries Limited informed about an Analyst/Institutional Investor Meeting with Pictet Asset Management on March 31, 2026, from 3:00 PM to 4:00 PM in Mumbai. The meeting will be physical and for a single institution.

Governance Positive

2026-03-13 13:10

Pidilite Industries Limited's shareholders have approved the appointment of Dr. Naushad Forbes (DIN: 00630825) as an Independent Director through a postal ballot on March 12, 2026. The Special Resolution was passed with a requisite majority, with 98.40% of total votes polled in favor.

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