Brands
Pidilite posts 30 per cent profit jump as Q1 revenue tops Rs 4,500 crore
Revenue rises 21 per cent to Rs 4,552 crore while Consumer & Bazaar business drives strong earnings growth
MUMBAI: Sticky demand has once again glued together a strong quarter for Pidilite. The maker of Fevicol and Dr Fixit kicked off FY27 with double-digit growth in both revenue and profit, powered by robust demand across its consumer portfolio and improved operating performance.
Pidilite Industries reported consolidated revenue from operations of Rs 4,551.6 crore for the quarter ended 30 June 2026, up 21.3 per cent from Rs 3,753.1 crore in the corresponding quarter last year. Including other income of Rs 92 crore, total income rose to Rs 4,643.6 crore, compared with Rs 3,838.8 crore a year earlier.
The company posted a net profit of Rs 883.5 crore, a 30.3 per cent increase from Rs 678.1 crore in the year-ago period. Profit before tax climbed to Rs 1,192 crore, up from Rs 916.5 crore a year ago, aided by strong operating performance and an exceptional gain of Rs 14.4 crore during the quarter.
Operating momentum remained strong, with profit before tax, exceptional items and the share of associates rising to Rs 1,177.6 crore from Rs 916.5 crore in the corresponding quarter last year.
On the cost front, raw material consumption increased to Rs 1,879.4 crore from Rs 1,392.7 crore, while employee benefit expenses rose to Rs 515.3 crore from Rs 464.2 crore. Other expenses climbed to Rs 724.2 crore, taking total expenses to Rs 3,468.3 crore, compared with Rs 2,922.6 crore in the year-ago quarter.
The Consumer & Bazaar segment continued to be the company’s growth engine, generating Rs 3,680.6 crore in revenue, up from Rs 3,006.7 crore a year earlier. Segment profit rose sharply to Rs 1,190.5 crore from Rs 945.8 crore.
The Business-to-Business segment also delivered healthy growth, with revenue increasing to Rs 917.8 crore from Rs 806.6 crore, while segment profit improved to Rs 172.8 crore from Rs 132.9 crore.
Pidilite reported basic earnings per share of Rs 8.57, compared with Rs 6.61 in the corresponding quarter last year.
The quarter underlined the resilience of Pidilite’s core brands and the strength of its diversified portfolio. With both consumer and industrial businesses expanding and profitability improving faster than revenue, the adhesives and construction chemicals major has begun FY27 on a firmly bonded footing.
