# PIDILITIND (PIDILITIND) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/pidilitind

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹1,589.8
- Change: +2.47%
- As of: 2026-09-18
- 1D return: +1.33%
- 5D return: +0.20%
- 1M return: -5.30%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, PIDILITIND's technical stance is mixed, with daily and monthly timeframes showing bearish signals while the weekly timeframe indicates a bullish trend. The current price of ₹1572.1 is below its daily Supertrend indicator (₹1630.93) and its 20-day and 50-day Exponential Moving Averages (EMAs), suggesting short-term weakness. However, on a weekly basis, the price is above its 20-day and 50-day EMAs and its Supertrend indicator (₹1480.48), indicating underlying strength. The monthly trend also shows the price above its 20-day EMA and 20-day Simple Moving Average (SMA), but below the monthly Supertrend (₹1742.54).

Recent market activity includes three downside events and two neutral events in the past 30 days, with no positive attention events. The stock is currently positioned at 31% of its 20-day range and 70% of its 252-day range. Key support is observed around ₹1563.4 (0.55% below current price), with further support at ₹1549.2. Nearest resistance is noted at ₹1575.3, approximately 0.2% above the current price.

Weekly chart patterns include an active Doji and Harami formation as of September 18, 2026. The stock exhibits an annualized volatility of 21% and a current drawdown of -8%. The risk setup is characterized by a downside deviation of 13% and a maximum drawdown of -19%.

- Daily trend is bearish with price below key moving averages and Supertrend.
- Weekly trend is bullish with price above key moving averages and Supertrend.
- Monthly trend shows mixed signals, below monthly Supertrend but above short-term moving averages.
- Nearest support level is ₹1563.4, with resistance at ₹1575.3.
- Watch for a sustained break above ₹1575.3 for potential upward momentum or a break below ₹1563.4 to confirm downside.

- Doji
- Harami
- Inside Bar
- Bearish Engulfing Reversal
- Outside Bar

### What Changed

On September 18, 2026, Pidilite Industries Limited announced the allotment of 660,480 equity shares under its ESOP-2016 scheme. This allotment included 657,480 shares at par and 3,000 shares at an exercise price of ₹1,195.38 per share. Consequently, the company's total issued share capital increased from 1,017,879,688 to 1,018,540,168 shares. In the broader market context, a report from Nuvama Institutional Equities suggests that Fast-Moving Consumer Goods (FMCG) companies may continue to implement price increases due to rising input costs, potentially leading to market share gains for larger players. The company's stock price closed at ₹1572.1 on September 18, 2026, an increase from its previous close of ₹1551.5.

- On September 18, 2026, Pidilite Industries allotted 660,480 equity shares under its ESOP-2016 scheme, increasing total share capital to 1,018,540,168 shares.
- The allotment comprised 657,480 shares at par and 3,000 shares at an exercise price of ₹1,195.38.
- The company's stock price closed at ₹1572.1 on September 18, 2026, up from ₹1551.5 previously.
- A Nuvama Institutional Equities report noted expectations of continued price hikes in the FMCG sector due to rising input costs.

- FMCG price hikes to continue as input costs rise; big players may gain market share: Nuvama
- Pidilite Industries Limited has informed the Exchange regarding Allotment of 660480 Shares. |SUBJECT: ESOP/ESOS/ESPS

### Official Filings

Pidilite Industries Limited has reported several updates. On September 18, 2026, the company completed an allotment of 660,480 equity shares under its ESOP-2016 scheme. This increased the total issued share capital from 1,017,879,688 to 1,018,540,168 shares. Separately, on August 31, 2026, the company received an Order-in-Original from the Superintendent of Central GST & C. Excise, Bihar, imposing a penalty of Rs. 10,42,207 for the fiscal year 2020-21. Pidilite Industries stated this order has no material impact on its financials or operations and is reviewing it for a potential appeal. In other news, the company's wholly-owned step-down subsidiary in Bangladesh, Nina Percept (Bangladesh) Private Limited (NPBPL), was voluntarily liquidated effective August 19, 2026, as it had been inoperative. Lastly, Vivek Sharma resigned as Chief Information and Digital Officer, with his last day being October 31, 2026.

- On September 18, 2026, Pidilite Industries Limited allotted 660,480 equity shares under its ESOP-2016 scheme, increasing total share capital to 1,018,540,168 shares.
- On August 31, 2026, the company was issued a penalty of Rs. 10,42,207 by the Central GST & C. Excise, Bihar, for FY 2020-21, which the company stated has no material financial impact.
- Pidilite Industries' Bangladesh subsidiary, Nina Percept (Bangladesh) Private Limited, was voluntarily liquidated effective August 19, 2026.
- Vivek Sharma resigned as Chief Information and Digital Officer, effective October 31, 2026.
- The company has scheduled analyst and institutional investor meetings between September 23 and September 28, 2026.

- Pidilite Industries Limited has informed the Exchange regarding Allotment of 660480 Shares. |SUBJECT: ESOP/ESOS/ESPS
- Pidilite Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Pidilite Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding Special Window for transfer anddematerialisation of physical securities |SUBJECT: Copy of Newspaper Publication
- Pidilite Industries Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Pidilite Industries Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
- Pidilite Industries Limited has informed the Exchange about Action(s) initiated or orders passed |SUBJECT: Action(s) initiated or orders passed
- Pidilite Industries Limited has informed the Exchange about Resignation of Director/KMP/SMP |SUBJECT: Resignation of Director/KMP/SMP
- Pidilite Industries Limited has informed the Exchange about Intimation under Regulation 30 - Resignation of SMP |SUBJECT: General Updates
- Pidilite Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Pidilite Industries Limited has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL

### Fundamentals

Pidilite Industries reported revenue from operations of ₹4,551.55 crore for Q1 FY2026-27. This represents an increase from the ₹3,709.91 crore reported in Q3 FY2025-26 and ₹3,583.38 crore in Q4 FY2025-26. Profit Before Exceptional Items And Tax for Q1 FY2026-27 was ₹1,175.26 crore, up from ₹845.70 crore in Q3 FY2025-26 and ₹786.65 crore in Q4 FY2025-26. The company's Profit Loss For Period was ₹883.51 crore in Q1 FY2026-27, compared to ₹623.84 crore in Q3 FY2025-26 and ₹584.15 crore in Q4 FY2025-26. Tax Expense for Q1 FY2026-27 was ₹308.48 crore, an increase from ₹215.90 crore in Q3 FY2025-26 and ₹192.50 crore in Q4 FY2025-26. The company's Profit Before Tax for Q1 FY2026-27 was ₹1,189.67 crore, up from ₹839.97 crore in Q3 FY2025-26 and ₹778.67 crore in Q4 FY2025-26. Investors may monitor the company's revenue growth trajectory and its translation into profitability, particularly the trend in Profit Before Exceptional Items And Tax and Profit Loss For Period.

- Revenue From Operations for Q1 FY2026-27 stood at ₹4,551.55 crore.
- Profit Before Exceptional Items And Tax for Q1 FY2026-27 was ₹1,175.26 crore.
- Profit Loss For Period for Q1 FY2026-27 was ₹883.51 crore.
- Tax Expense for Q1 FY2026-27 was ₹308.48 crore.
- Profit Before Tax for Q1 FY2026-27 was ₹1,189.67 crore.

### Bull Case

Pidilite Industries' weekly technical trend shows a bullish signal, with the Supertrend indicator at 1480.48, suggesting upward momentum over this timeframe. The company's 6-month return stands at 0.14, indicating positive performance over the medium term. However, the daily trend analysis indicates a bearish Supertrend at 1630.93, and the Exponential Moving Average (EMA) 20 is currently above the closing price of 1572.1, suggesting potential short-term headwinds.

- Weekly Supertrend indicator is bullish at 1480.48 as of 2026-09-18.
- The company achieved a 6-month return of 0.14.
- The closing price on 2026-09-18 was ₹1572.1.

- FMCG price hikes to continue as input costs rise; big players may gain market share: Nuvama

### Bear Case

The company's technical indicators suggest a weakening trend. The daily trend analysis shows the 20-day Exponential Moving Average (EMA) at ₹1596.07 and the 50-day EMA at ₹1602.13, both above the current closing price of ₹1572.1. The Super Trend indicator is also in a bearish direction on a daily basis. On a monthly basis, the Super Trend is also bearish, indicating a potential downtrend over a longer period. The company has experienced a drawdown of -8% from its recent peak, with a maximum drawdown of -19% observed historically. Recent returns show a decline over the 10-day (-4%) and 1-month (-6%) periods, contrasting with a positive 6-month return of 14%.

- The daily Super Trend indicator is in a bearish direction as of 2026-09-18.
- The monthly Super Trend indicator is also in a bearish direction.
- The current drawdown stands at -8%, with a historical maximum drawdown of -19%.
- The 10-day return was -4% and the 1-month return was -6% as of 2026-09-18.

- FMCG price hikes to continue as input costs rise; big players may gain market share: Nuvama

### FAQs

**What was the recent share allotment by Pidilite Industries and its impact on the company's share capital?**

On September 18, 2026, Pidilite Industries Limited's ESOP Allotment Committee allotted 660,480 equity shares. Of these, 657,480 shares were allotted at par, and 3,000 shares were allotted at an exercise price of ₹1,195.38 per share to eligible employees under the ESOP-2016 scheme. This allotment increased the company's total issued share capital from 1,017,879,688 shares to 1,018,540,168 shares.

**What is the current technical trend for Pidilite Industries based on daily, weekly, and monthly indicators?**

As of September 18, 2026, the daily trend for Pidilite Industries shows a bearish SuperTrend at 1630.93, with the closing price at ₹1572.1. The weekly trend, however, indicates a bullish SuperTrend at 1480.48. The monthly trend also shows a bearish SuperTrend at 1742.54.

**Has Pidilite Industries faced any regulatory penalties recently?**

Yes, on August 31, 2026, Pidilite Industries Limited received an Order-in-Original from the Superintendent of Central GST & C. Excise, Bihar, imposing a penalty of ₹10,42,207 for the fiscal year 2020-21 under the Central Goods and Services Tax Act. The company stated that this order has no material impact on its financials or operations and is reviewing it to consider an appeal.

**What recent corporate actions have been taken regarding Pidilite Industries' subsidiaries?**

Pidilite Industries' wholly-owned step-down subsidiary in Bangladesh, Nina Percept (Bangladesh) Private Limited (NPBPL), has been voluntarily liquidated effective August 19, 2026. The company stated that NPBPL had been inoperative since its incorporation due to a lack of business opportunities. As of March 31, 2026, NPBPL reported nil turnover, a loss of BDT 7,01,654, and a net worth of BDT 30,13,824.

- FMCG price hikes to continue as input costs rise; big players may gain market share: Nuvama
- Pidilite Industries Limited has informed the Exchange regarding Allotment of 660480 Shares. |SUBJECT: ESOP/ESOS/ESPS
- Pidilite Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
- Pidilite Industries Limited has informed the Exchange about Copy of Newspaper Publication regarding Special Window for transfer anddematerialisation of physical securities |SUBJECT: Copy of Newspaper Publication
- Pidilite Industries Limited has informed the Exchange about General Updates |SUBJECT: General Updates
- Pidilite Industries Limited has informed the Exchange about Action(s) taken or orders passed (sub-para 20) |SUBJECT: Actions initiated/taken or orders passed-XBRL
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Moderate Uptrend
- Pivot point: ₹1,549.2
- Risk regime: Price Risk Currently Contained

### Support levels
- 1430
- 1354.4031249999998
- 1308.25

### Resistance levels
- 1612.375
- 1692.325
- 1589.5

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +1.33% |
| return_10 | -4.04% |
| return_1m | -6.09% |
| return_1y | +2.95% |
| return_20 | -5.30% |
| return_3m | -0.57% |
| return_5 | +0.20% |
| return_6m | +13.56% |
| return_since_start | +9.80% |
| return_ytd | +7.00% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -18.54% |
| annualized_volatility | +20.66% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue and profit rise year-on-year; EPS falls as share count increases

Pidilite Industries reported a 21% increase in revenue from operations for the first quarter of FY2026-27 compared to the same quarter last year. Profit before tax grew by 30%, outpacing revenue growth. However, basic earnings per share fell by 35% year-on-year, indicating a significant increase in the number of shares outstanding during the period.

## Revenue Growth

Revenue from operations for Q1 FY2026-27 was ₹4,551.55 crore, up 21.27% from ₹3,753.10 crore in Q1 FY2025-26. Sequentially, revenue increased 27.02% from ₹3,583.38 crore in Q4 FY2025-26.

## Profitability and Margin Expansion

Profit before exceptional items and tax rose 28.27% year-on-year to ₹1,175.26 crore, while profit before tax (including exceptional items) increased 29.84% to ₹1,189.67 crore. Net profit for the period grew 30.29% to ₹883.51 crore. The growth in profit exceeded revenue growth, indicating an expansion in operating margins.

Other expenses increased 15.66% year-on-year to ₹724.21 crore, a slower pace than revenue, which contributed to the margin expansion. Finance costs were ₹13.34 crore, compared to ₹13.77 crore a year earlier.

## Exceptional Items

Exceptional items before tax amounted to a positive ₹14.41 crore in Q1 FY2026-27, compared to nil in Q1 last year and a negative ₹7.98 crore in the preceding quarter. This item contributed to the higher profit before tax growth relative to profit before exceptional items.

## Tax Expense

Tax expense increased 29.43% year-on-year to ₹308.48 crore, in line with the growth in pre-tax profit. The effective tax rate was approximately 25.9%, similar to the 26.0% in the same quarter last year.

## Earnings Per Share and Share Count

Despite a 30% increase in net profit, basic earnings per share (EPS) from continuing operations fell 35.17% year-on-year to ₹8.57 from ₹13.22. This divergence indicates a substantial increase in the weighted average number of shares outstanding during the year. Diluted EPS showed a similar pattern, declining 35.18% to ₹8.55. The share count increase is a material change that affects per-share metrics.

## Segment Performance

Segment revenue from operations matched total revenue at ₹4,551.55 crore. Segment profit before tax was ₹1,177.58 crore, up 28.49% year-on-year, closely tracking total profit before tax. Inter-segment revenue was ₹68.63 crore, down 8.42% from ₹74.94 crore in the same quarter last year.

## Key Takeaway

Pidilite Industries delivered year-on-year growth in revenue and profit for the first quarter, with profit growth outpacing revenue growth. Other expenses grew at a slower pace than revenue, supporting the improvement in profitability. However, the significant decline in earnings per share, despite higher net profit, points to a notable increase in the share base, which investors should consider when evaluating per-share value creation.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_18092026114424_SEIntimationallotmentSep26.pdf)
- 2026-09-15 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_15092026173411_SEIntimationanalystSep26.pdf)
- 2026-09-09 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_09092026120711_SEintimationnewspaperadvtspecialwindowSep2026signed.pdf)
- 2026-09-03 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_03092026185145_SEintimationwindingupofNPBPLsigned.pdf)
- 2026-09-01 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/AIATOP_719_WebXMLFile_20260901_141008409.xml)
- 2026-09-01 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_01092026140618_SEintimationorderBiharSep2026signed.pdf)
- 2026-08-26 — Management Change: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/PIDILITIND_ROID_97132_KMP_Doc.zip)
- 2026-08-25 — Management Change: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_25082026155407_SEintimationVivekSharmaresignationsigned.pdf)
- 2026-08-24 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_24082026145300_SEIntimation240826.pdf)
- 2026-08-24 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260824_150410271.xml)
- 2026-08-21 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_21082026145606_SEintimationESOPAllotmentAugust2026.pdf)
- 2026-08-21 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/ALTERATION_OF_CAPITAL_AND_FUND_RAISING_719_WebXMLFile_20260821_150834348.xml)
- 2026-08-20 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_20082026143721_SEintimationAGMMinutes2026signed.pdf)
- 2026-08-19 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_19082026174821_SEintimationanalystmeet19Aug2026signed.pdf)
- 2026-08-19 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260819_175114552.xml)
- 2026-08-12 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260812_181238361.xml)
- 2026-08-12 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_12082026181037_SEintimationEarningscallTranscriptQ1FY2027finaluploadsigned.pdf)
- 2026-08-11 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_11082026175019_SEintimationanalystmeet11Aug2026signed.pdf)
- 2026-08-11 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260811_175302286.xml)
- 2026-08-06 — Generic Announcement: Pidilite Industries Limited published an extract of its financial results for the quarter ended June 30, 2026, on August 6, 2026. The publication appeared in the Business Standard and Sakal newspapers. — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_06082026142204_SEIntimationUFRJune2026finalupload.pdf)
- 2026-08-06 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260806_140627131.xml)
- 2026-08-06 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260806_140525266.xml)
- 2026-08-06 — Generic Announcement: Pidilite Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_719_WebXMLFile_20260806_140508485.xml)
- 2026-08-05 — Generic Announcement: Pidilite Industries Limited will hold an Analyst/Institutional Investor Meeting on August 13-14, 2026, in Singapore. The meeting, scheduled from 10:00 am to 05:00 pm, will be a physical conference with Avendus Spark for their INDX - Asia Edition 2026. The company noted that the schedule is subject to change due to exigencies. — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_05082026182814_SEintimationanalystmeet5Aug2026signed.pdf)
- 2026-08-05 — Generic Announcement: Pidilite Industries Limited has uploaded the audio recording of its Q1 FY27 Earnings Call, held on August 5th, 2026, to its investor relations website. This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. — [Official attachment](https://nsearchives.nseindia.com/corporate/Nisha_05082026181138_SEintimationaudiorecordingQ1FY27signed.pdf)

## News and market events

- 2026-09-18 — CNBC-TV18: **FMCG price hikes to continue as input costs rise; big players may gain market share: Nuvama** — Abneesh Roy, Executive Director at Nuvama Institutional Equities, expects Hindustan Unilever (HUL) to maintain its near-term EBITDA margin guidance of 22.5-23.5%, although he sees the company operating towards the lower end of the range in Q2. HUL's longer-term EBITDA margin guidance stands at 22-24%. — [Source](https://www.cnbctv18.com/market/fmcg-companies-to-post-double-digit-q2-sales-growth-amid-inflation-says-nuvamas-abneesh-roy-alpha-article-19993373.htm)
- 2026-09-06 — Economic Times: **Paint makers expect healthy FY27 demand amid price hikes; competition intensity remains high** — Leading paint firms foresee sustained double-digit growth through the festive season. Companies are implementing price increases to manage rising input costs effectively. Demand remains robust from housing and infrastructure sectors, supporting industry projections. Fierce competition persists across all paint market segments. — [Source](https://economictimes.indiatimes.com/industry/cons-products/paints/paint-makers-expect-healthy-fy27-demand-amid-price-hikes-competition-intensity-remains-high/articleshow/133837223.cms)
- 2026-09-01 — BUSINESSTODAY: **Mazagon, Maruti Suzuki, Pidilite: Top stocks to buy | Check targets, stop loss, risk-reward & more** — Stocks in news, Stocks in buzz, Stocks to buy, Stocks to watch, Maruti Suzuki India, Pidilite Industries, Mazagon Dock Shipbuilders, Maruti Suzuki shares, Pidilite Industries shares, Mazagon Dock shares, Maruti Suzuki share price, Pidilite Industries share price, Mazagon Dock share price, Maruti Suzuki stock price, Pidilite Industries stock price, Mazagon Dock stock price, Maruti Suzuki target price, Pidilite Industries target price, Mazagon Dock target price — [Source](https://www.businesstoday.in/markets/stocks/story/mazagon-maruti-suzuki-pidilite-top-stocks-to-buy-check-targets-stop-loss-risk-reward-more-552524-2026-09-01)
- 2026-08-21 — BUSINESS: **Pidilite Industries allots 89,340 equity shares under ESOP** — After  allotment of aforesaid equity shares, the share capital of the company stands increased from 1,017,790,348 to 1,017,879,688. — [Source](https://www.business-standard.com/markets/capital-market-news/pidilite-industries-allots-89-340-equity-shares-under-esop-126082100910_1.html)
- 2026-08-08 — CNBC-TV18: **Mumbai-based Pidilite retains 20-24% margin band, sees robust demand despite price hikes: MD Sudhanshu Vats** — Pidilite Industries expects to sustain double-digit volume growth but remains cautious on profitability guidance as volatile raw material costs, particularly VAM and crude, keep the margin outlook uncertain. — [Source](https://www.cnbctv18.com/market/earnings/pidilite-retains-20-24-percent-margin-band-robust-demand-price-hikes-sudhanshu-vats-19964827.htm)
- 2026-08-06 — Economic Times: **Pidilite sees double-digit volume growth in FY27 despite volatile commodity prices: MD Sudhanshu Vats** — Pidilite Industries expects double-digit volume growth in FY27 and stable earnings. The company implemented price increases to offset rising raw material costs. Demand remains robust across urban and rural markets, according to the managing director. Pidilite is diversifying its supply chain to mitigate geopolitical disruptions effectively. The company maintains its EBITDA margin guidance band of twenty to twenty-four percent. — [Source](https://economictimes.indiatimes.com/industry/indl-goods/svs/chem-/-fertilisers/pidilite-sees-double-digit-volume-growth-in-fy27-despite-volatile-commodity-prices-md-sudhanshu-vats/articleshow/133001307.cms)
- 2026-08-06 — BUSINESSTODAY: **Pidilite Industries Q1: MD Sudhanshu Vats decodes stellar earnings show** — Pidilite Industries, Pidilite Industries shares rise,  Pidilite Industries stock gains, Pidilite Industries stock falls, Pidilite Industries Q1 earnings, Pidilite Industries net profit, Pidilite Industries Q1 revenue, Pidilite Industries stock — [Source](https://www.businesstoday.in/markets/stocks/story/pidilite-industries-q1-md-sudhanshu-vats-decodes-stellar-earnings-show-547714-2026-08-06)
- 2026-08-06 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty below 24,650; Firstsource falls 7% after results** — Sensex Today | Stock Market LIVE Updates: We are the halfway mark, and the market contiue to remain largely flat. The markets are once again moving on a cautious note, with the Nifty trading flat around the 24,600 mark. The Nifty Bank is also in the same state, trying to scale the 58,000 mark. Titan, Reliance and Eternal are the top gainers. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-hdfc-bank-aurobindo-cummins-biocon-pb-fintech-lic-trent-share-price-liveblog-19962846.htm)
- 2026-08-06 — CNBC-TV18: **Q1 Results LIVE Updates: Aegis Logistics pares initial gains; Firstsource profit down 19%** — Q1 Results LIVE Updates; Trent, Britannia, Lupin, Samvardhana Motherson, Apollo Tyres, Blue Star, Premier Energies, HCC, NCC, PG Electroplast, Emcure Pharma, Firstsource Solutions are some of the many companies that will be reporting their results during the course of Thursday's trading session on Dalal Street. Result reactions today come from PB Fintech, Aurobindo Pharma, Cummins India, GE Vernova T&D, ION Exchange and many others. Watch this space for all the LIVE Q1 result updates, management and brokerage commentary along with stock moves. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-cummins-ge-vernova-td-pb-fintech-trent-britannia-hero-lupin-samil-pgel-apollo-tyres-sci-ncc-hcc-premier-energies-share-price-liveblog-19962840.htm)
- 2026-08-06 — MONEYCONTROL: **Pidilite Industries Q1 FY27: Pricing power keeps growth on track** — fevicol, consumption, CAPEX, MCPro, Moneycontrol Research, VAM — [Source](https://www.moneycontrol.com/news/business/moneycontrol-research/pidilite-industries-q1-fy27-pricing-power-keeps-growth-on-track-13996044.html)
- 2026-08-05 — CNBC-TV18: **Q1 Results LIVE Updates: PNB Housing shares rise over 4%; Power Grid, Biocon report today** — Q1 Results LIVE Updates: Power Grid, Biocon, Aurobindo Pharma, Berger Paints, Allcargo Logistics, Aster DM, Bayer Corp, Bikaji, Cummins India, Datamatics, eClerx, GMM Pfaudler, GNFC, Godrej Agrovet, GE Vernova, JK Lakshmi Cement, Navin Fluorine, PB Fintech, Shree Renuka Sugar, Shilpa Medicare, Snowman Logistics, Whirlpool of India, are among the companies reporting their first quarter earnings today. Earnings reactions also come from stocks like BSE, MCX, ONGC, Bharti Airtel, Marico, Nykaa and many others. Watch this space for all the LIVE result updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-bharti-airtel-ongc-marico-nykaa-aurobindo-biocon-cummins-ge-vernova-pb-fintech-gnfc-whirlpool-berger-bse-mcx-share-price-liveblog-19961894.htm)
- 2026-08-05 — CNBC-TV18: **Sensex Today | Stock Market Live Updates: GIFT Nifty trades 160 pts higher; Marico in focus** — Sensex Today | Stock Market Live Updates: It remains to be seen how the index moves in case it tests 24,800 on the upside yet again. The Nifty Bank, which underperformed for most of Tuesday, also saw a jump on Tuesday in the final tick, closing back near the 58,000 mark, sustaining above which will be key. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-rbi-policy-today-cas-ongc-lombard-auto-nbfcs-realty-bharti-nykaa-share-price-liveblog-19961862.htm)

## Business profile

**Strategic vision:** Manufactures construction chemicals, adhesives, sealants, and art materials.

### Business segments
- **Adhesives and Sealants:** This segment includes a core range of products for various bonding needs, featuring brands like Fevicol, Fevikwik, M-Seal, and Araldite, alongside industrial adhesives for sectors like electronics and automotive.
- **Construction Chemicals:** Offers a comprehensive suite of solutions for the construction sector, including waterproofing products under the Dr. Fixit brand and tiling solutions from Roff, alongside specialized chemicals for car parks and facade coatings.
- **Art and Craft Materials:** Provides materials for creative applications, including hobby colors and art supplies under the Fevicryl brand, and glue sticks from Fevistik.
- **Industrial Products:** Includes brands like Acron, offering adhesives, synthetic resins, pigments, and surfactants for industries such as packaging, textiles, and printing inks, as well as specialty acetates and textile chemicals.
- **Other Categories:** The portfolio extends to decorative paints, wood finishes, and maintenance and repair products, including brands like Steelgrip and WD-40.

### Competitive strengths
- Extensive distribution network reaching rural and urban markets.
- Strong brand portfolio across multiple product categories.
- Global footprint with presence in the Middle East & Africa.

## Related stocks

- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%
- [3MINDIA (Diversified)](https://faxioms.com/stocks/3mindia) — +5.50%
- [AADHARHFC](https://faxioms.com/stocks/aadharhfc) — -1.42%
- [AARTIIND](https://faxioms.com/stocks/aartiind) — +3.19%
- [AAVAS](https://faxioms.com/stocks/aavas) — -1.07%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/pidilitind
Markdown representation: https://faxioms.com/stocks/pidilitind?render=md