Analyst Concall
Pidilite Industries sees exports rising once West Asia war subsides
This story was originally published at 19:31 IST on 5 August 2026
Register to read our real-time news.Informist, Wednesday, Aug. 5, 2026
Please click here to read all liners published on this story
--Pidilite: Exports to return to normal once geopolitical situation improves
--CONTEXT: Pidilite Industries mgmt's comments in post-earnings analyst call
--Pidilite: Partial absorption of input cost inflation weighed on margins
--Pidilite:To keep margin buffer to preserve ops flexibility amid uncertainty
--Pidilite: Not seeing any weakness in demand despite global uncertainties
--Pidilite:Expanding NioPro production beyond single plant to reach more mkts
--Pidilite: Still working on electronic adhesive pdts
--Pidilite: Further margin expansion depends on crude price volatility
--Pidilite: Will deliver double-digit volume growth in FY27
By Gunjan Rajput and Narayana Krishna
HYDERABAD/NEW DELHI – Pidilite Industries Ltd. expects exports to return to normal once the "geopolitical situation" improves, with the company saying it has not seen any weakness in demand despite global uncertainties, the management said during its post-earnings analyst call on Wednesday. The company reiterated its expectation of delivering a double-digit underlying volume growth in the financial year 2026-27 (Apr-Mar).
The fevicol maker's consolidated net profit rose nearly 30% on year to INR 8.72 billion for the June quarter from INR 6.72 billion a year ago, beating the analysts' consensus estimate of INR 7.75 billion. The company's revenue increased over 21% on year to INR 45.52 billion from INR 37.53 billion a year earlier, compared with the Street's expectation of INR 44.38 billion.
"We have also mentioned that we will deliver double digit as a matter of fact we will endeavour to slowly but surely inch it up a little bit," the management said.
The management said the company has adopted proactive pricing based on replacement costs while partially absorbing raw material inflation. It added that rebates could be offered if raw material prices ease further, while reiterating its 20-24?rnings before interest, tax, depreciation and amortisation margin guidance to retain operating flexibility amid uncertainty.
On growth initiatives, Pidilite Industries said it was expanding production of its premium construction chemicals brand NioPro beyond a single plant after witnessing strong traction, while work on electronic adhesive products for consumer and automotive applications was progressing, with initial commercial wins beginning to emerge.
The company detailed its earnings on Tuesday during the market hours. Wednesday, shares of the company ended at INR 1,665 on the National Stock Exchange, up 2.8%. End
Edited by Akul Nishant Akhoury
For users of real-time market data terminals, Informist news is available exclusively on the NSE Cogencis WorkStation.
Cogencis news is now Informist news. This follows the acquisition of Cogencis Information Services Ltd. by NSE Data & Analytics Ltd., a 100% subsidiary of the National Stock Exchange of India Ltd. As a part of the transaction, the news department of Cogencis has been sold to Informist Media Pvt. Ltd.
Informist Media Tel +91 (11) 4220-1000
Send comments to feedback@informistmedia.com
© Informist Media Pvt. Ltd. 2026. All rights reserved.
To read more please subscribe
Share this Story:
