Pidilite Industries Ltd, India’s leading manufacturer of adhesives, sealants, and construction chemicals, has announced its financial results for the fourth quarter of FY2024-25, reporting a 40.5% year-on-year (YoY) increase in net profit to ₹427.5 crore. Despite the strong profit growth, the company’s earnings fell short of market estimates.
Financial Highlights
- Revenue from operations rose 8.2% YoY to ₹3,141 crore.
- EBITDA increased 9.6% YoY to ₹623.5 crore.
- EBITDA margin stood at 20.1%, slightly below expectations.
- Profit before tax (PBT) grew 21% YoY to ₹601 crore.
- Net profit surged 40.5% YoY to ₹427.5 crore, missing the estimated ₹450 crore.
Dividend Declaration & Market Performance
Pidilite’s board has recommended a final dividend of ₹20 per share, subject to shareholder approval. Following the earnings announcement, shares of Pidilite Industries closed 0.86% lower at ₹2,955.95 on the BSE.
Strategic Outlook
Despite missing estimates, Pidilite remains optimistic about future growth, citing strong demand in the construction sector and anticipated government spending as key drivers. The company continues to focus on innovation, supply chain resilience, and manufacturing expansion to sustain its market leadership.
