Pidilite Industries Limited — Q1FY27 earnings call summary

Filed 12 August 2026 · Official transcript

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