Glue Giant Declared Bonus Shares and Reports 18.7% PAT Growth in Q1FY26

Special interim dividend of Rs 10 per share declared; strong Q1 earnings driven by double digit sales and margin expansion

Pidilite Industries Ltd., India’s leading adhesives and construction chemicals company, announced a 1:1 bonus share issue and a special interim dividend of Rs 10 per share to commemorate the 101st birth anniversary of its founder, Shri BK Parekh. The Board of Directors approved the bonus issue at its meeting held on August 6, 2025. Eligible shareholders will receive 1 fully paid bonus equity share for every 1 share held, with a face value of Rs 1 each.

The gesture coincided with the company’s Q1FY26 results, where Pidilite reported healthy earnings growth across key financial metrics. Net sales for the quarter stood at Rs 3,742 crore, up 10.6% year-on-year. EBITDA grew by 15.8% to Rs 941 crore, while Profit Before Tax (PBT) rose 19.1% to Rs 916 crore. Profit After Tax (PAT) for the quarter was Rs 678 crore, marking an 18.7% YoY increase, supported by margin gains and stable input costs.

Despite muted stock performance over the past year (1-year return of -3.27%), the company has delivered strong long-term returns up 121% in 5 years and 413% in the past 10 years. Pidilite currently has a market capitalisation of Rs 1,55,000 crore.

Pidilite Industries is best known for its flagship adhesive brand Fevicol, which has become a household name across India. Its diverse product portfolio spans adhesives, sealants, waterproofing solutions, DIY products, polymer emulsions, paint chemicals, automotive and industrial chemicals, as well as art and craft materials. Some of its other leading brands include Fevikwik, M-Seal, Araldite, Dr. Fixit, Roff, Fevistik, and Fevicryl.

This article is intended for informational purposes only and should not be considered as investment advice.