Pidilite Industries Ltd Share Price – NSE /  BSE

Chemicals, Mid Cap

Pidilite Industries announced that the Board of Directors of the Company at its meeting held on 8 May 2025, inter alia, have recommended the final dividend of Rs 20 per equity Share (i.e. 2000%) , subject to the approval of the shareholders.

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Net profit of Pidilite Industries rose 40.50% to Rs 422.34 crore in the quarter ended March 2025 as against Rs 300.60 crore during the previous quarter ended March 2024. Sales rose 8.25% to Rs 3141.14 crore in the quarter ended March 2025 as against Rs 2901.85 crore during the previous quarter ended March 2024.

For the full year,net profit rose 20.06% to Rs 2076.24 crore in the year ended March 2025 as against Rs 1729.38 crore during the previous year ended March 2024. Sales rose 6.12% to Rs 13140.31 crore in the year ended March 2025 as against Rs 12382.99 crore during the previous year ended March 2024.

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Pidilite Industries will hold a meeting of the Board of Directors of the Company on 8 May 2025.

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The changes will be effective from 10 April 2025 after the completion of the current term of managing director Bharat Puri, the company said in a stock exchange filing.

The board also appointed Puri as a non-executive and non-independent director of the board of the company for a term of three years, commencing from 10 April to 9 April 2028.

Commenting on the announcement, M. B. Parekh, executive chairman of the company, said, ?We thank Bharat for his invaluable contribution as managing director for the last 10 years. Pidilite has made substantial progress and created significant shareholder value during his term. The appointments of Sudhanshu and Kavinder as MD and Joint MD will reflect the next phase of the Pidilite leadership journey. I look forward to working with the two of them in building the Pidilite of the future.?

Pidilite Industry is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (do-it-yourself) products, and polymer emulsions in India.

The company's consolidated net profit jumped 8.22% to Rs 552.42 crore on a 7.63% rise in revenue from operations to Rs 3,368.91 crore in Q3 FY25 over Q3 FY24.

Shares of Pidilite Industries rose 0.05% to currently trade at Rs 2,830 on the BSE.

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