Pidilite Industries touched a fresh 52 week high of Rs 1,659 on the NSE on Tuesday, after the paints and adhesives maker posted a sharp jump in its June quarter profit.
The stock eased later in the session to close lower on the day. Consolidated net profit rose 30% year on year to Rs 872 crore, up from Rs 672 crore a year earlier. Revenue for the quarter climbed 21% to Rs 4,552 crore, against Rs 3,753 crore in the same period last year.
The operating numbers backed up the growth story. EBITDA rose 27% to Rs 1,194 crore, and the EBITDA margin widened to 26.3% from 25.1% a year ago. The Fevicol and Dr Fixit maker’s consumer facing business grew 22.5% in revenue with volume growth of 12.2%. Its business to business arm grew 16% in revenue, with a more modest volume growth of 7.3%.
The quarter also held up well against the one before it. Net profit and revenue both rose sequentially compared with Q4 FY26, extending the growth momentum into the new financial year.
Managing Director Sudhanshu Vats called it a strong start to the year, pointing to resilient domestic demand across urban and semi-urban markets. He said the company kept investing in its brands and distribution through the quarter, while managing rising input and freight costs with disciplined cost control.
At the close, the stock settled at Rs 1,620 on the NSE, down 1.37% for the day, after a session that saw it swing between Rs 1,602 and Rs 1,659. Even with today’s pullback, Pidilite is still up close to 10% for the year so far.
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