Pidilite Industries Ltd's Q3FY25 Quarterly Results

Result Summary

• Pidilite Industries Ltd reported a 4.0% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Dec (Q3FY25). On a year-on-year (YoY) basis, it witnessed a growth of 8.1%.
• Its expenses for the quarter were up by 4.2% QoQ and 7.8% YoY.
• The net profit increased 3.1% QoQ and increased 9.0% YoY.
• The earnings per share (EPS) of Pidilite Industries Ltd stood at 10.8 during Q3FY25.

Financial Statments for Q3FY25

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Pidilite Industries Ltd is a well-known company primarily engaged in the production and distribution of adhesives, sealants, and construction chemicals. It operates within the manufacturing sector, focusing on consumer and specialty chemicals. The company's flagship product, Fevicol, is a leading adhesive brand in India and has a significant market presence. Pidilite also offers a diverse range of products catering to various industries, including art and craft materials, maintenance chemicals, and industrial adhesives. As of the latest available data, there are no significant recent developments or changes in the company's primary business operations.

Revenue

During the third quarter of the fiscal year 2025 (Q3FY25), Pidilite Industries Ltd reported a total income of ₹3424.69 crores, marking an increase from ₹3292.03 crores in the previous quarter (Q2FY25) and ₹3166.97 crores in the corresponding quarter of the previous year (Q3FY24). This reflects a quarter-over-quarter (QoQ) growth of 4.0% and a year-over-year (YoY) growth of 8.1%. The consistent growth in revenue indicates a steady performance over both quarterly and annual periods, showcasing the company's capacity to enhance its income streams.

Profitability

In Q3FY25, the company recorded a Profit Before Tax (PBT) of ₹752.21 crores, which represents an increase from ₹726.32 crores in Q2FY25 and ₹687.18 crores in Q3FY24. This translates to a QoQ increase of 3.6% and a YoY increase of 9.5%. After accounting for taxes amounting to ₹194.68 crores in Q3FY25, the Profit After Tax (PAT) stood at ₹557.08 crores, up from ₹540.30 crores in the preceding quarter and ₹510.92 crores in the same quarter last year. The PAT growth was 3.1% QoQ and 9.0% YoY. This upward trend in profitability highlights effective cost management and operational efficiency, contributing to the improved bottom line.

Operating Metrics

The company's total expenses for Q3FY25 were reported at ₹2672.48 crores, compared to ₹2565.71 crores in Q2FY25 and ₹2479.79 crores in Q3FY24, indicating a QoQ rise of 4.2% and a YoY increase of 7.8%. The Earnings Per Share (EPS) for the quarter was ₹10.80, growing from ₹10.50 in Q2FY25 and ₹10.00 in Q3FY24, reflecting a QoQ improvement of 2.9% and a YoY growth of 8.0%. This progression in EPS suggests the company's ability to enhance shareholder value over time, driven by its consistent revenue and profit growth.