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Pidilite Industries Limited β Q1FY27 Earnings Call Summary
Key Takeaways
- Standalone Q1 FY27 revenue grew 22.2% to INR 4,237 Cr; volume growth 11.3%
- Demand remains robust despite price hikes; projects and retail waterproofing growing
- Margins expected to stay within 20-24% corridor; Q1 benefited from lower-cost inventory
- Consumer & Bazaar volume growth 12.2%; B2B volume growth 7.3%, exports down 8.4%
- Electronics adhesives progressing; focus on consumer electronics and EV segments
- Market share gains in core categories at 1.5x-2x market growth
- Price hikes taken across categories to offset input cost inflation; rebates possible
- Consolidated revenue INR 4,541 Cr, up 21.3%; EBITDA margin improved 120 bps y-y
- Gross margin at 52.5%, down 90 bps y-y; EBITDA margin 26.4%, up 80 bps q-q
- Growth businesses like Dr. Fixit, Roff showing accelerated momentum, 2x-4x GDP growth
π Source: View original transcript (PDF)
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Summary generated by AI from the official transcript filed on BSE/NSE. Not investment advice.