| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 4,298 | 3,554 | +20.9% |
| EBITDA | 877 | 851 | +3.1% |
| EBITDA margin | 20.4% | 23.9% | −3.5 pts |
| Profit before tax | 829 | 788 | +5.3% |
| Net profit | 626 | 585 | +7.2% |
| EPS | ₹6.04 | ₹5.69 | +6.2% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 1,41,433 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 3,869 | 4,152 | 3,486 | 2,385 | 841 | ||
| 217 | 216 | 203 | 210 | 234 | ||
| 106 | 106 | 147 | 131 | 163 | ||
| 1,37,887 | — | — | — | — | ||
| 16,142 | 14,601 | 13,140 | 12,383 | 11,799 | ||
| — | +11.1% | +6.1% | +4.9% | — | ||
| 3,799 | 3,519 | 3,013 | 2,707 | 1,984 | ||
| 23.5% | 24.1% | 22.9% | 21.9% | 16.8% | ||
| 3,403 | 3,124 | 2,654 | 2,367 | 1,715 | ||
| 2,718 | 2,471 | 2,096 | 1,747 | 1,289 | ||
| 16.8% | 16.9% | 16.0% | 14.1% | 10.9% | ||
| ₹26.37 | ₹24.06 | ₹20.40 | ₹16.99 | ₹12.51 | ||
| — | +17.9% | +20.1% | +35.8% | — | ||
| — | 2,829 | 2,285 | 2,724 | 1,558 | ||
| — | −593 | −452 | −559 | −505 | ||
| 2,237 | 2,237 | 1,833 | 2,166 | 1,052 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 1,41,433.5 | |
| - Cash, Equiv & ST Investments | 841.4 | 2,385.3 | 3,485.9 | 4,152.3 | 3,869.1 | |
| + Minority Interest | 233.6 | 209.9 | 203.3 | 216.5 | 216.9 | |
| + Total Debt | 163.3 | 131.2 | 147.2 | 105.9 | 105.9 | |
| Enterprise Value | — | — | — | — | 1,37,887.2 | |
| Revenue | 11,799.1 | 12,383.0 | 13,140.3 | 14,600.8 | 16,142.4 | |
| Growth %, YoY | — | +4.9 | +6.1 | +11.1 | — | |
| EBITDA | 1,984.4 | 2,707.3 | 3,012.5 | 3,519.0 | 3,798.7 | |
| Margin % | 16.82 | 21.86 | 22.93 | 24.10 | 23.53 | |
| EBIT | 1,714.6 | 2,366.6 | 2,654.0 | 3,124.3 | 3,403.2 | |
| Net Income | 1,288.9 | 1,747.4 | 2,096.2 | 2,470.7 | 2,718.0 | |
| Margin % | 10.92 | 14.11 | 15.95 | 16.92 | 16.84 | |
| EPS, Adj (current shares) | 12.51 | 16.99 | 20.40 | 24.06 | 26.37 | |
| Growth %, YoY | — | +35.8 | +20.1 | +17.9 | — | |
| Cash from Operations | 1,557.6 | 2,724.4 | 2,285.2 | 2,829.4 | — | |
| Capital Expenditures | -505.4 | -558.7 | -452.3 | -592.8 | — | |
| Free Cash Flow | 1,052.2 | 2,165.7 | 1,832.9 | 2,236.7 | 2,236.7 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Pidilite Industries (NSE: PIDILITIND) had a market capitalisation of ₹1,44,831 crore at the 29 October 2026 close (₹1,422.00 a share), a PE ratio of 54.0 on the last four quarters' profit and a price-to-book ratio of 12.92. In FY26 its consolidated net profit attributable to shareholders was ₹2,449 crore on revenue of ₹14,601 crore; in Q2 FY27 (July–September 2026) it was ₹615 crore, up 6.1% year on year. Its debt-to-equity ratio was 0.00 on 30 September 2026. Promoters held 69.18% of the shares on 30 September 2026.
Pidilite Industries' PE ratio is 54.0 at the 29 October 2026 close (₹1,422.00 a share): a market capitalisation of ₹1,44,831 crore divided by consolidated net profit attributable to shareholders of ₹2,684 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit attributable to shareholders (₹2,449 crore) it is 59.1.
Pidilite Industries' price-to-book (PB) ratio is 12.92 at the 29 October 2026 close: a market capitalisation of ₹1,44,831 crore divided by shareholders' equity (book value) of ₹11,212 crore on 30 September 2026. That is a book value of ₹110.08 per share against a share price of ₹1,422.00.
In FY26, Pidilite Industries' return on equity (ROE) was 23.8% and its return on capital employed (ROCE) was 27.7%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 22.9% and ROCE 26.5%.
Pidilite Industries' market capitalisation was ₹1,44,831 crore (₹1.45 lakh crore) at the 29 October 2026 close: 101.85 crore shares at ₹1,422.00 each.
Pidilite Industries' basic earnings per share (EPS) were ₹24.07 in FY26. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹26.37.
In 2026, Pidilite Industries has declared one dividend: ₹11.50 with record date 23 July 2026.
No. Pidilite Industries had borrowings of ₹50.8 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.00. Its cash and current investments were ₹3,885 crore, so it held net cash of ₹3,835 crore.
Pidilite Industries' debt-to-equity ratio was 0.00 on 30 September 2026: borrowings of ₹50.8 crore against total equity of ₹11,429 crore. A year earlier, on 30 September 2025, it was 0.01.
Pidilite Industries' net worth — shareholders' equity in its consolidated balance sheet — was ₹11,212 crore on 30 September 2026, up 17.4% from ₹9,554 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹1,44,831 crore at the 29 October 2026 close.
Pidilite Industries' book value per share was ₹110.08 on 30 September 2026: shareholders' equity of ₹11,212 crore divided by the 101.85 crore shares in issue, up 17.3% from ₹93.87 a year earlier. The share price at the 29 October 2026 close was ₹1,422.00.
Pidilite Industries' dividend yield is 0.81% at the 29 October 2026 close: dividends of ₹11.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹1,422.00. They were ₹11.50 on 23 July 2026.
Promoters held 69.18% of Pidilite Industries on 30 September 2026, down 0.06 percentage points from 69.24% the previous quarter and down 0.15 percentage points from 69.33% a year earlier, according to the shareholding pattern filed with NSE.
On 30 September 2026, Pidilite Industries' shares were held by promoters 69.18%, foreign portfolio investors (FII/FPI) 12.42%, domestic institutions (DII) 9.21% (including mutual funds at 3.92%) and retail and other non-institutional investors 9.19%. Over the year, FII holding was up 0.33 percentage points from 12.09% and DII holding was up 0.05 percentage points from 9.16%.
In FY26, Pidilite Industries generated ₹2,829 crore of cash from operations and spent ₹593 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹2,237 crore. In FY25 it was ₹1,833 crore.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Pidilite Industries' PE ratio is 59.1, the second highest of the four: Asian Paints 51.0, Berger Paints India 48.3 and Astral 68.4, a peer average of 55.9. Each is the company's market capitalisation at that price divided by its FY26 net profit.
Pidilite Industries' latest results are for Q2 FY27 (July–September 2026), filed on 28 October 2026: consolidated net profit attributable to shareholders ₹615 crore, up 6.1% from ₹579 crore in Q2 FY26; revenue from operations ₹4,298 crore, up 20.9% year on year.
In FY26 (April 2025–March 2026), Pidilite Industries' consolidated net profit attributable to shareholders was ₹2,449 crore, up 17.9% from ₹2,076 crore in FY25, on revenue from operations of ₹14,601 crore (up 11.1%). Over three years, from FY23, net profit was up 92.3%.
Pidilite Industries has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
On FY26 consolidated figures, against Asian Paints, Berger Paints India and Astral: Pidilite Industries' operating margin of 21.4% is the highest of the four (Asian Paints 15.4%, Berger Paints India 12.1%, Astral 11.7%; peer average 13.1%); its return on equity of 23.8% is the highest of the four (Asian Paints 21.2%, Berger Paints India 17.2%, Astral 14.0%; peer average 17.5%); its revenue growth over three years of 7.4% a year is the second highest of the four (Asian Paints 1.1% a year, Berger Paints India 4.0% a year, Astral 8.4% a year; peer average 4.5% a year).
In FY26, Pidilite Industries earned net profit attributable to shareholders of ₹2,449 crore on revenue of ₹14,601 crore, against ₹4,325 crore on ₹35,584 crore for Asian Paints. Pidilite Industries' operating margin was 21.4% (Asian Paints 15.4%) and its return on equity 23.8% (Asian Paints 21.2%). At the 29 October 2026 close, Pidilite Industries' market capitalisation was ₹1,44,831 crore against ₹2,20,808 crore for Asian Paints, and its PE ratio on FY26 profit 59.1 against 51.0.
From Pidilite Industries' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.