Pidilite Inds. Q1 FY27 Results & Concall Highlights: Revenue, Margins & Order Book
Published 25 Aug 2026 | Chemicals & Petrochemicals | Market Cap: ₹1.7L Cr
Pidilite targets underlying volume growth (UVG) of around 9-10% over a medium-term 3-4 year period, with an aim to gradually increase it further. - The company expects double-digit volume growth in core categories, depending on India’s real GDP growth at 6-6.5%, multiplying to double-digit growth. - Growth in new and existing categories like tile adhesives, waterproofing chemicals (Dr. Pidilite expects continued double-digit underlying volume growth, targeting around 9-10% per year over the medium term (3-4 years), aligned with or above India's real GDP growth of ~6-6.5%.
From Pidilite Inds.'s Q1 FY27 earnings-call transcript · updated 25 Aug 2026.
Price
₹1,650
Market Cap
₹1.7L Cr
P/E Ratio
63.4
Revenue Rank
Margin Rank
How does Pidilite Inds. rank in Chemicals & Petrochemicals?
Compare Pidilite Inds. against every Chemicals & Petrochemicals company this quarter on revenue, margins and earnings-call signals.
Pidilite Inds. — Quarterly revenue & net profit
Reported quarterly figures (₹ Cr). Latest: revenue ₹3.6K Cr, net profit ₹584 Cr.
Full financials →📊 Revenue & Sales Performance
Rank 3- →Pidilite targets underlying volume growth (UVG) of around 9-10% over a medium-term 3-4 year period, with an aim to gradually increase it further.
- →The company expects double-digit volume growth in core categories, depending on India’s real GDP growth at 6-6.5%, multiplying to double-digit growth.
- →Growth in new and existing categories like tile adhesives, waterproofing chemicals (Dr. Fixit), and UnoFin is accelerating, with significant market share gains.
- →The tile adhesives segment has low penetration (~25-30%), indicating large room for growth and competitive opportunities.
- →Ongoing innovations and premiumization strategies in product categories support growth momentum.
- →Exports are expected to recover as geopolitical situations stabilize, adding to overall growth.
- →Consumer and Bazaar businesses are seeing robust volume growth, supporting steady revenue increases.
📈 Profitability & Margins
Rank 3- →Pidilite expects continued double-digit underlying volume growth, targeting around 9-10% per year over the medium term (3-4 years), aligned with or above India's real GDP growth of ~6-6.5%.
- →Core business growth is steady, with certain growth categories like Dr. Fixit and projects seeing accelerated momentum, growing at 1.5x to 2x the market rate.
- →Margins are expected to remain within the 20% to 24% band, with potential to be at the higher end if crude prices remain stable around mid-$80s per barrel.
- →The company plans to leverage market share gains, premiumization, innovative product launches, new growth engines, and expansion into underpenetrated categories (e.g., waterproofing, tile adhesives).
- →Profit after tax growth in the recent quarter rose by ~27.7%, with a long-term focus on delivering quality execution and operating leverage.
- →Overall, robust demand, market expansion, and strategic initiatives underpin positive earnings growth outlook.
🏗️ Capital Expenditure Plans
Yes- →Pidilite is investing in expanding and improving its training centers to create a large set of trained applicators, especially for waterproofing.
- →Significant investments are being made in plant automation and technology to ensure consistent product quality in tile adhesives.
- →The company is expanding its wide plant network to strengthen cost management and timely product availability.
- →Focus on building an ecosystem around waterproofing involving education, client and applicator training, and site supervision.
- →Continuous pioneering work on new product categories, including electronics adhesives and advanced adhesives like Fevicol X-PER.
- →Investments aimed at building the base for innovative products like UnoFin, focusing on architect acceptance and project specifications.
- →Marketing investments in brand building, especially for Roff, including ATL advertising to maintain competitive advantage.
- →Overall, strategic capital investments are focused on expanding product reach, ensuring quality, and developing technical expertise.
💰 Fundraising & Capital Structure
No information- →The document does not mention any current or future plans for fundraising through debt or equity.
- →There is no indication of new capital raising activities in the Q1 FY27 earnings call or management comments.
- →Discussions focus primarily on business growth, product innovation, competition, pricing, and operational performance.
- →No references were made regarding plans for issuing new shares, raising debt, or other financing initiatives.
📋 Order Book & Pipeline
No informationKey Metrics
Revenue
Margin
Capex
Fundraise
Order Book
Frequently Asked Questions
What were Pidilite Inds. Q1 FY27 results?
Pidilite targets underlying volume growth (UVG) of around 9-10% over a medium-term 3-4 year period, with an aim to gradually increase it further. - The company expects double-digit volume growth in core categories, depending on India’s real GDP growth at 6-6.5%, multiplying to double-digit growth. - Growth in new and existing categories like tile adhesives, waterproofing chemicals (Dr. Pidilite expects continued double-digit underlying volume growth, targeting around 9-10% per year over the medium term (3-4 years), aligned with or above India's real GDP growth of ~6-6.5%.
What is Pidilite Inds. share price analysis?
Pidilite Inds. currently shows a below-average growth signal. The stock trades at a P/E of 63.4 with a market cap of ₹167,834 Cr. Investors should review the full earnings analysis for detailed insights.
Is Pidilite Inds. planning capital expenditure?
Pidilite is investing in expanding and improving its training centers to create a large set of trained applicators, especially for waterproofing.
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This analysis is AI-generated based on publicly available earnings data and concall transcripts. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.