Pidilite Industries Ltd

Printpanda India (MagicDecor) is an early stage company specializing in bespoke, sustainable, and premium home d'cor products such as wallpapers, blinds, curtains and canvas. The company had recorded a turnover of Rs 6.29 crore in the year ended on 31 March 2025. Pidilite Ventures would acquire up to 20% stake in Printpanda India for an aggregate sum of Rs 5.10 crore. The proceeds from this investment will empower MagicDecor to accelerate capacity expansion, invest in advanced technology and AI, and scale up both digital and physical distribution networks spanning major Indian cities. Sanket Parekh, director at Pidilite Ventures, said: 'We are excited to partner with MagicDecor as they embark on their journey to transform the home d'cor space. The team has demonstrated impressive capability in marrying customization with quality, catering to the evolving needs of modern Indian homeowners and interior designers. We believe MagicDecor is uniquely positioned in the premium, personalized wall solutions market. Over the last two years, the team has demonstrated impressive traction by innovating across its product lines and scaling distribution and we look forward to supporting them in their expansion across India and overseas.' Pidilite Ventures is the venture arm of Pidilite. Pidilite Ventures invests in fast growing and innovative companies that have synergies with Pidilite's core and adjacent businesses. Pidilite Industries is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products and polymer emulsions in India. The company had reported 8.36% rise in consolidated net profit to Rs 579.23 crore on a 9.88% increase to Rs 3,554.44 crore in Q2 FY26 as compared with Q2 FY25. The scrip was up 0.03% to currently trade at Rs 1484.85 on the BSE. Powered by Capital Market - Live

Pidilite Ventures, a wholly owned subsidiary of Pidilite Industries (Pidilite), has announced a strategic investment in Printpanda India (MagicDecor), an early stage company specializing in bespoke, sustainable, and premium home d'cor products such as wallpapers, blinds, curtains and canvas. This investment marks Pidilite Ventures' latest foray into India's rapidly growing home improvement sector, reinforcing its commitment to backing businesses at the forefront of design and consumer experience. Sanket Parekh, Director at Pidilite Ventures, commented: We are excited to partner with MagicDecor as they embark on their journey to transform the home d'cor space. The team has demonstrated impressive capability in marrying customization with quality, catering to the evolving needs of modern Indian homeowners and interior designers. We believe MagicDecor is uniquely positioned in the premium, personalized wall solutions market. Over the last two years, the team has demonstrated impressive traction by innovating across its product lines and scaling distribution and we look forward to supporting them in their expansion across India and overseas. Powered by Capital Market - Live

Pidilite Industries announced the resignation of Rahul Gama as Chief Human Resources Officer of the company with effect from 31 January 2026. Powered by Capital Market - Live

Pidilite Industries has appointed Ashish Prasad, Senior Management Personnel of the Company with effect from 14 November 2025 as Chief Human Resource Officer. Ashish Prasad, is an IIM Ahmedabad graduate with over 28 years' experience in building materials, consumer and retail sectors. He has held roles in various companies like Asian Paints, Teamlease Services, Holcim India-ACC, Ashirvad Pipes, and earlier with Pidilite. His last assignment was with Sintex BAPL (Welspun group company) as Chief Executive Officer. Powered by Capital Market - Live

Net profit of Pidilite Industries rose 8.36% to Rs 579.23 crore in the quarter ended September 2025 as against Rs 534.56 crore during the previous quarter ended September 2024. Sales rose 9.88% to Rs 3554.44 crore in the quarter ended September 2025 as against Rs 3234.91 crore during the previous quarter ended September 2024. ParticularsQuarter EndedSep. 2025Sep. 2024% Var. Sales3554.443234.91 10 OPM %23.9223.73 - PBDT887.26812.98 9 PBT787.31725.10 9 NP579.23534.56 8 Powered by Capital Market - Live

Pidilite Industries will hold a meeting of the Board of Directors of the Company on 30 October 2025.Powered by Capital Market - Live

Pidilite Industries has allotted 50,88,57,016 equity shares under bonus issue on 24 September 2025. Consequent to the aforesaid allotment, paid-up share capital of the Company stands increased to Rs. 1,01,77,14,032 divided into 1,01,77,14,032 fully paid-up equity shares of Re.1/- each.Powered by Capital Market - Live

Refex Industries Ltd, IIFL Capital Services Ltd, Gujarat Mineral Development Corporation Ltd and K E C International Ltd are among the other gainers in the BSE's 'A' group today, 23 September 2025.Pidilite Industries Ltd soared 98,681.46% to Rs 1491.6 at 11:47 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 14847 shares were traded on the counter so far as against the average daily volumes of 10252 shares in the past one month. Refex Industries Ltd surged 16.91% to Rs 395.2. The stock was the second biggest gainer in 'A' group. On the BSE, 13.06 lakh shares were traded on the counter so far as against the average daily volumes of 37424 shares in the past one month. IIFL Capital Services Ltd spiked 6.49% to Rs 295.3. The stock was the third biggest gainer in 'A' group. On the BSE, 54732 shares were traded on the counter so far as against the average daily volumes of 27753 shares in the past one month. Gujarat Mineral Development Corporation Ltd jumped 6.23% to Rs 600.85. The stock was the fourth biggest gainer in 'A' group. On the BSE, 10.18 lakh shares were traded on the counter so far as against the average daily volumes of 7.74 lakh shares in the past one month. K E C International Ltd spurt 4.74% to Rs 907. The stock was the fifth biggest gainer in 'A' group. On the BSE, 11.55 lakh shares were traded on the counter so far as against the average daily volumes of 36580 shares in the past one month. Powered by Capital Market - Live

Pidilite Industries has allotted 1,86,431 equity shares under ESOP on 01 September 2025. After allotment of aforesaid equity shares, the share capital of the Company stands increased from 50,86,69,085 to 50,88,57,016.Powered by Capital Market - Live

Net profit of Pidilite Industries rose 18.61% to Rs 672.41 crore in the quarter ended June 2025 as against Rs 566.92 crore during the previous quarter ended June 2024. Sales rose 10.54% to Rs 3753.10 crore in the quarter ended June 2025 as against Rs 3395.35 crore during the previous quarter ended June 2024. ParticularsQuarter EndedJun. 2025Jun. 2024% Var. Sales3753.103395.35 11 OPM %25.0723.91 - PBDT1013.15854.05 19 PBT916.47769.63 19 NP672.41566.92 19 Powered by Capital Market - Live