Pidilite Industries Reports Strong Q1 FY27 Results with 22% Revenue Growth and 28% Rise in Profit Before Tax

BY ADMIN • FILED 04 Aug 2026, 6:24 PM

Pidilite Industries Limited, the maker of iconic brands such as Fevicol, Fevikwik, Dr. Fixit, M-Seal, Roff, Araldite, and Fevicryl, has reported a strong start to FY27 with robust revenue growth, improved profitability, and continued investments in innovation and brand building.

The company released its Q1 FY27 earnings presentation, highlighting broad-based growth across its Consumer & Bazaar (C&B) and Business-to-Business (B2B) businesses despite higher raw material costs and ongoing geopolitical uncertainties.

Standalone Financial Highlights – Q1 FY27

Revenue from Operations increased 22.1% YoY to ₹4,249.38 crore, compared with ₹3,479.30 crore in Q1 FY26.
Total Income rose to ₹4,343.65 crore, up from ₹3,563.48 crore a year earlier.
Profit Before Tax (PBT) grew 27.3% YoY to ₹1,119.52 crore, versus ₹879.39 crore in Q1 FY26.
Profit After Tax (PAT) increased 27.7% YoY to ₹829.87 crore, compared with ₹649.80 crore in the corresponding quarter last year.
Total Comprehensive Income stood at ₹829.75 crore, against ₹646.97 crore in Q1 FY26.
Basic Earnings Per Share (EPS) improved to ₹8.15, while Diluted EPS stood at ₹8.13, reflecting strong earnings growth during the quarter.

Consumer Business Continues to Lead

Pidilite’s Consumer & Bazaar (C&B) segment remained the key growth driver.

Revenue increased 22.5%
Underlying volume growth stood at 12.2%
Segment profitability also improved during the quarter.

The Business-to-Business (B2B) segment reported:

Revenue growth of 16.0%
Underlying volume growth of 7.3%

Domestic B2B demand remained strong, while export volumes were affected by geopolitical disruptions.

On a consolidated basis, Pidilite Industries delivered another strong quarter, driven by robust revenue growth and improved profitability across its businesses.

Consolidated Financial Highlights – Q1 FY27

Revenue from Operations increased 21.3% YoY to ₹4,551.55 crore, compared with ₹3,753.10 crore in Q1 FY26.
Total Income rose to ₹4,643.55 crore, up from ₹3,838.81 crore a year ago.
Profit Before Tax (PBT) increased 30.1% YoY to ₹1,191.99 crore, compared with ₹916.47 crore in the corresponding quarter last year.
Profit After Tax (PAT) grew 30.3% YoY to ₹883.51 crore, from ₹678.13 crore in Q1 FY26.
Profit attributable to shareholders stood at ₹872.41 crore, up from ₹672.41 crore a year earlier.
Total Comprehensive Income increased to ₹882.60 crore, compared with ₹677.54 crore in Q1 FY26.
Basic Earnings Per Share (EPS) improved to ₹8.57, while Diluted EPS stood at ₹8.55, reflecting strong earnings growth during the quarter.

New Product Launches

During the quarter, Pidilite introduced several innovative products, including:

Professional M-Seal Advanced Solvent Cement, a low-smell, water-washable solution compatible with CPVC, UPVC and PVC pipes.
Fevicol High-Strength Adhesives, featuring anti-bending technology for improved durability and finish.
StainOff Wipes, designed as an on-the-go stain removal solution for everyday use.

Brand Building and Marketing

Pidilite continued investing in its brands through advertising and partnerships.

Major initiatives included:

New Fevicol advertising campaign created by Piyush Pandey
Film integrations with Dhurandar and Peddi
IPL marketing campaigns
Participation in industry events such as Expodent, Data Centre Conclave and Design Debate.

The company also received multiple industry recognitions, including awards at the ET Shark Awards 2026, Kyoorius Creative & Marketing Awards, and Mommy Awards 2026.

Sustainability Progress

Pidilite highlighted significant progress in its sustainability initiatives since FY19.

Key achievements include:

68% reduction in water use intensity
72% reduction in energy use intensity
82% reduction in waste disposal intensity
Renewable energy now contributes 48.4% of total energy consumption

The company remains committed to achieving its ESG and decarbonisation goals by 2030.

Management Outlook

Management said FY27 has started on a strong note with healthy demand across key markets. While raw material inflation, freight costs and global supply chain disruptions continue to be monitored, the company believes its pricing actions, operational discipline and supply chain management will help sustain profitable growth.

Pidilite expects to continue focusing on innovation, brand investments, market expansion and volume-led growth while maintaining healthy profitability.