Pidilite Industries Ltd

Pidilite Industries announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 20 per equity Share (i.e. 2000%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of Pidilite Industries rose 40.50% to Rs 422.34 crore in the quarter ended March 2025 as against Rs 300.60 crore during the previous quarter ended March 2024. Sales rose 8.25% to Rs 3141.14 crore in the quarter ended March 2025 as against Rs 2901.85 crore during the previous quarter ended March 2024. For the full year,net profit rose 20.06% to Rs 2076.24 crore in the year ended March 2025 as against Rs 1729.38 crore during the previous year ended March 2024. Sales rose 6.12% to Rs 13140.31 crore in the year ended March 2025 as against Rs 12382.99 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3141.142901.85 8 13140.3112382.99 6 OPM %20.1119.81 -22.9021.83 - PBDT697.81610.40 14 3206.102791.68 15 PBT601.13497.87 21 2847.622451.02 16 NP422.34300.60 40 2076.241729.38 20 Powered by Capital Market - Live

Pidilite Industries will hold a meeting of the Board of Directors of the Company on 8 May 2025.Powered by Capital Market - Live

The changes will be effective from 10 April 2025 after the completion of the current term of managing director Bharat Puri, the company said in a stock exchange filing. The board also appointed Puri as a non-executive and non-independent director of the board of the company for a term of three years, commencing from 10 April to 9 April 2028. Commenting on the announcement, M. B. Parekh, executive chairman of the company, said, 'We thank Bharat for his invaluable contribution as managing director for the last 10 years. Pidilite has made substantial progress and created significant shareholder value during his term. The appointments of Sudhanshu and Kavinder as MD and Joint MD will reflect the next phase of the Pidilite leadership journey. I look forward to working with the two of them in building the Pidilite of the future.' Pidilite Industry is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (do-it-yourself) products, and polymer emulsions in India. The company's consolidated net profit jumped 8.22% to Rs 552.42 crore on a 7.63% rise in revenue from operations to Rs 3,368.91 crore in Q3 FY25 over Q3 FY24. Shares of Pidilite Industries rose 0.05% to currently trade at Rs 2,830 on the BSE.Powered by Capital Market - Live

The Board of Pidilite Industries in its meeting held on 01 April 2025 has approved the appointment of Sudhanshu Vats as Managing Director and appointment of Kavinder Singh as Joint Managing Director. This change will be effective from 10 April 2025, after the completion of the term of the current Managing Director, Bharat Puri who has been the Managing Director of the Company for a decade since 10 April 2015. The Board of Directors also appointed Bharat Puri as Non-Executive and Non-Independent Director of the Board of the Company for a term of 3 years commencing from 10 April 2025 to 9 April 2028.Powered by Capital Market - Live

Pidilite Industries has allotted 1,200 equity shares under ESOP on 21 March 2025. After allotment of aforesaid equity shares, the share capital of the Company stands increased from 50,86,47,555 to 50,86,48,755.Powered by Capital Market - Live

Net profit of Pidilite Industries rose 8.22% to Rs 552.42 crore in the quarter ended December 2024 as against Rs 510.48 crore during the previous quarter ended December 2023. Sales rose 7.63% to Rs 3368.91 crore in the quarter ended December 2024 as against Rs 3129.99 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3368.913129.99 8 OPM %23.6923.72 - PBDT841.26766.91 10 PBT751.76687.42 9 NP552.42510.48 8 Powered by Capital Market - Live

Profit before tax stood at Rs 751.76 crore in Q3 FY25, registering a growth of 9.36% from Rs 687.42 crore recorded in Q3 FY24. During the quarter, EBITDA before non-operating income stood at Rs 798 crore, up 8% over the same quarter last year. The current quarter's revenue growth of 9.3% is aided by underlying volume growth (UVG) of 9.7% across categories and geographies. Consumer and bazaar (C&B) UVG was 7.3%, while business-to-business (B2B) maintained growth momentum with UVG of 21.7%. Gross margins improved by 100 bps year on year, primarily due to benign input prices. With stepped-up A&SP spends, EBITDA margins were 24.3% as compared to 25.1% in Q3 FY24. Domestic subsidiaries achieved double-digit revenue growth, along with an improvement in EBITDA margins. However, due to global economic uncertainty, inflation, and political instability in certain regions, international subsidiaries (excluding Pidilite USA and Pulvitec Brazil) reported modest sales growth. Bharat Puri, managing director, pidilite industries, said, 'Despite subdued demand across urban and rural geographies, we continued to make steady progress, with robust revenue and underlying volume growth and healthy levels of profitability. Looking ahead, we remain cautiously optimistic on improved demand conditions as a result of the good monsoon and increased construction activities. We remain committed to our strategic agenda of delivering consistent, profitable volume-led growth through investment in our brands, supply chain, and people.' Pidilite Industry is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (do-it-yourself) products, and polymer emulsions in India.Powered by Capital Market - Live

Pidilite Industries will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live

Gillette India Ltd, PNB Housing Finance Ltd, Sapphire Foods India Ltd, Federal Bank Ltd are among the other stocks to see a surge in volumes on BSE today, 29 October 2024.Pidilite Industries Ltd registered volume of 2.02 lakh shares by 10:47 IST on BSE, a 12.92 fold spurt over two-week average daily volume of 15670 shares. The stock slipped 1.99% to Rs.3,097.50. Volumes stood at 5633 shares in the last session.Gillette India Ltd saw volume of 10089 shares by 10:47 IST on BSE, a 11.28 fold spurt over two-week average daily volume of 894 shares. The stock increased 8.50% to Rs.9,280.00. Volumes stood at 1139 shares in the last session.PNB Housing Finance Ltd witnessed volume of 10.4 lakh shares by 10:47 IST on BSE, a 10.69 times surge over two-week average daily volume of 97278 shares. The stock dropped 0.46% to Rs.897.60. Volumes stood at 2.02 lakh shares in the last session.Sapphire Foods India Ltd registered volume of 51964 shares by 10:47 IST on BSE, a 5.97 fold spurt over two-week average daily volume of 8699 shares. The stock slipped 7.67% to Rs.319.20. Volumes stood at 16719 shares in the last session.Federal Bank Ltd notched up volume of 12.2 lakh shares by 10:47 IST on BSE, a 3.74 fold spurt over two-week average daily volume of 3.27 lakh shares. The stock rose 6.04% to Rs.195.85. Volumes stood at 8.98 lakh shares in the last session.Powered by Capital Market - Live