Conference Call with Pidilite Industries Management and Analysts on Q4FY25 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Specialty Chemicals company Pidilite Industries announced Q4FY25 & FY25 results Consolidated Q4FY25 Financial Highlights: Net sales at Rs 3,130 crore grew by 10% (excluding Pidilite USA and Pulvitec Brazil) over the same quarter last year. EBITDA before non-operating income at Rs 633 crore grew by 10% over the same quarter last year. Profit before Tax and Exceptional Items (PBT) at Rs 601 crore grew by 21% over the same quarter last year. Profit after Tax (PAT) at Rs 428 crore grew by 41% over the same quarter last year. It may be noted that last year, there was an exceptional loss of Rs 72 crore on account of divestment of Brazil subsidiary. In the current year, there is an exceptional loss of Rs. 25 crore, mainly on account of impairment of loan and investment in an associate entity. Consolidated FY25 Financial Highlights: Net sales for the current year stood at Rs 13,094 crore, grew by 8% (excluding Pidilite USA and Pulvitec Brazil) over last year. EBITDA before non-operating income for the current year stood at Rs 3,013 crore, grew by 11% over last year. Profit before Tax and Exceptional Items (PBT) for the current year stood at Rs 2,848 crore, grew by 16% over last year. Profit after Tax (PAT) for the current year at Rs 2,096 crore, grew by 20% over last year. Standalone Q4FY25 Financial Highlights: Net sales at Rs 2,839 crore grew by 10% over the same quarter last year. EBITDA before non-operating income at Rs 584 crore grew by 11% over the same quarter last year. Profit before Tax and Exceptional Items (PBT) at Rs 606 crore grew by 31% over the same quarter last year. Profit after Tax (PAT) at Rs 446 crore grew by 26% over the same quarter last year. It may be noted that last year, there was an exceptional gain of Rs 7 crore on account of share buyback of USA subsidiary and divestment of Brazil subsidiary. In the current year, there is an exceptional loss of Rs 20 crore, mainly on account of impairment of loan to an associate entity. Standalone FY25 Financial Highlights: Net sales for the current year stood at Rs 12,023 crore, grew by 8% over last year. EBITDA before non-operating income for the current year stood at Rs 2,835 crore, grew by 11% over last year. Profit before Tax and Exceptional Items (PBT) for the current year stood at Rs 2,786 crore, grew by 16% over last year. Profit after Tax (PAT) for the current year at Rs 2,074 crore, grew by 15% over last year. Commenting on the results, Sudhanshu Vats, Managing Director, Pidilite Industries said: “Despite the challenging macro-economic environment and demand conditions, we have delivered strong Underlying Volume Growth with healthy margins. As we look ahead, we continue to remain cautiously optimistic given the domestic operating environment and improving demand conditions, especially in the construction sector, backed by anticipated good monsoon and increase in Government spends. We remain watchful of the impact of uncertain global economic and geo-political conditions. We remain committed to our strategic agenda of delivering consistent, profitable volume led growth through investment in our brands, supply chain and people.” Result PDF