Pidilite Industries Share Price in Focus After Q2 FY27 Results

Pidilite Industries reported standalone net sales of ₹3,982 crore for the July-September quarter of FY27, compared with ₹3,272 crore a year earlier. This was a year-on-year increase of 21.7%, according to exchange filings dated October 28, 2026.  

Net profit rose 10.4% to ₹647 crore from ₹586 crore in the same period last year. Underlying volume growth stood at 10.7%. EBITDA was ₹811 crore, up 0.5% from ₹807 crore in Q2 FY26. The EBITDA margin fell to 20.4% from 24.7%.  

Higher material costs affected the margin during the quarter. Profit before tax, excluding exceptional items and the share of joint ventures and associates, increased 8% to ₹842 crore. 

Performance of Business Segments 

The Consumer and Bazaar segment reported revenue of ₹3,198 crore, up 20.7% from a year earlier. Volume growth was 11.1%. Segment profit before interest and tax increased 2.5% to ₹841 crore, but the margin declined to 26.3% from 31% in Q2 FY26. 

Revenue from the Business to Business segment rose 21.8% to ₹820 crore, with volume growth of 9.2%. Profit before interest and tax, however, fell 3.4% to ₹115 crore from ₹119 crore. Its margin dropped to 14.1% from 17.7% in the year-ago quarter. 

Consolidated Earnings 

On a consolidated basis, net sales increased 21.1% to ₹4,285 crore from ₹3,540 crore. EBITDA rose 3.1% to ₹878 crore, while the margin declined to 20.5% from 24%. Net profit increased 7.1% to ₹626 crore, against ₹585 crore in Q2 FY26. 

First-Half Results 

For April-September FY27, standalone sales grew 22% to ₹8,219 crore, and net profit increased 19.5% to ₹1,477 crore. Consolidated sales rose 21.2% to ₹8,826 crore, while consolidated net profit increased 19.6% to ₹1,510 crore. 

Read More: Tata Electronics Exports Reach ₹99,128 Crore, Revenue Rises 96% in FY26! 

Pidilite Industries Share Price Performance 

As of October 29, 2026, 10:51 am, Pidilite Industries share price was trading at ₹1,373.10, a 1.19% decrease from the previous closing price. 

Conclusion 

Pidilite recorded higher sales and net profit in Q2 FY27. However, EBITDA margins declined, while profit growth remained below sales growth on both standalone and consolidated bases. 

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