Slide 1: Cover letter to stock exchanges: Earnings Presentation
30th October, 2025 The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14th floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Stock Code – 500331 Stock
Slide 2: Q2/H1 FY26 Earnings Presentation
Q2/H1FY 26 Earnings Presentation
Slide 3: Our Brands
Our Brands “alee FEVICOL Fevicryt Araldite INSTANT ADHES) Fevikwi NINa Pidilite ; Puma PERCEPT @ vipy ie
Slide 4: Disclaimer
Disclaimer This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward-looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being e
Slide 5: Index
Index 1. Performance Overview • Financial Performance • New Product Introduction • Marketing Initiatives • Awards 2. Detailed Financial Performance • Financial Performance • Segment Overview • Subsidiaries Performance 3. Sustainability Journey 4. Performance Outlook 5. Company Information 03 4
Slide 6: Performance Overview
Performance Overview
Slide 7: Financial Performance – Q2FY26
Financial Performance – Q2FY26 Current quarter`s revenue growth of 10.4% with UVG of 10.3%. Consumer and Bazaar (‘C&B’) recorded UVG of 10.4%. Business to Business (‘B2B’) recorded UVG of 9.9%. The project business maintained its growth momentum; however, the industrial products revenue was im
Slide 8: Financial Performance – H1FY26
Financial Performance – H1FY26 H1’26 revenue growth of 10.5% is aided by UVG of 10.1%. Consumer and Bazaar (‘C&B’) recorded UVG of 9.8% and Business to Business (‘B2B’) recorded UVG of 11.3%. Gross Margin expanded by 24 bps (11.0% absolute growth) on account of decline in input costs. EBITDA
Slide 9: Financial Performance – Earnings Summary - Q2 FY26
Financial Performance – Earnings Summary - Q2 FY26 NET SALES# EBITDA* PBT* PAT CONSOLIDATED Rs. 3,540 Cr Rs. 851 Cr Rs. 788 Cr Rs. 585 Cr YOY GROWTH 9.8% 10.7% 8.4% 8.3% STANDALONE Rs. 3,272 Cr Rs. 807 Cr Rs. 780 Cr Rs. 586 Cr YOY GROWTH 10.4% 10.4% 8.4% 8.1% 8 #Net Sales excludes Other Operating Re
Slide 10: Financial Performance – Earnings Summary – H1 FY26
Financial Performance – Earnings Summary – H1 FY26 NET SALES# EBITDA* PBT* PAT CONSOLIDATED Rs. 7,283 Cr Rs. 1,792 Cr Rs. 1,704 Cr Rs. 1,263 Cr YOY GROWTH 10.2% 13.3% 14.0% 13.7% STANDALONE Rs. 6,740 Cr Rs. 1,695 Cr Rs. 1,659 Cr Rs. 1,236 Cr YOY GROWTH 10.5% 12.9% 13.5% 13.0% 9 #Net Sales excludes O
Slide 11: New Product Introduction
New Product Introduction Professional Fevikwik Range Construction Chemicals Segmented approach to address different Professional Tile Adhesive range professional user applications. with Techno Adapt technology. 10
Slide 12: Marketing Initiatives: Fevikwik breaks new ground with AI innovation
Marketing Initiatives Fevikwik breaks new ground with AI innovation 132 Mn views 152 Mn views 100+ influencers 840K User Generations and counting! 70K Campaign Participations and counting! 11
Slide 13: Marketing Initiatives: Properties built for brand brilliance
Marketing Initiatives Properties built for brand brilliance Dr. Fixit X Kaun Banega Crorepati (KBC) Roff X Asia Cup Roff X Big Boss Telugu Dr. Fixit X Pandharpur Wari Fevicol X Marol Naka Aqua Line Roff X PKL UP Yoddhas 12
Slide 14: Marketing Initiatives: Our impactful events & exhibitions
Marketing Initiatives Our impactful events & exhibitions Ectronica India 2025 CII Premiere Surface & Coating Credai Fairpro 2025 Dialogues, Udaipur 13
Slide 15: Awards
Awards Fevicol won Gold for Festive Marketing and Silver for Storytelling at the ET Shark Awards 2025, celebrating insight-led creativity through Teeka ID and Jugalbandi. Silver at Rural Marketing Association of Silver MadX awards 2025 for Fevicol Fevicol Marol Naka won 2 bronze metals at India Awar
Slide 16: Awards
Awards Our Chairman, Shri Madhukar Balvantray Parekh, has been honoured with the prestigious Vivekananda International Relations (VIR) Peace Award 15
Slide 17: Detailed Financial Performance
Detailed Financial Performance
Slide 18: Financial Performance – Earnings Summary - Q2 FY26
Financial Performance – Earnings Summary - Q2 FY26 NET SALES# EBITDA* PBT* PAT CONSOLIDATED Rs. 3,540 Cr Rs. 851 Cr Rs. 788 Cr Rs. 585 Cr YOY GROWTH 9.8% 10.7% 8.4% 8.3% STANDALONE Rs. 3,272 Cr Rs. 807 Cr Rs. 780 Cr Rs. 586 Cr YOY GROWTH 10.4% 10.4% 8.4% 8.1% 17 #Net Sales excludes Other Operating R
Slide 19: Financial Performance – Earnings Summary – H1 FY26
Financial Performance – Earnings Summary – H1 FY26 NET SALES# EBITDA* PBT* PAT CONSOLIDATED Rs. 7,283 Cr Rs. 1,792 Cr Rs. 1,704 Cr Rs. 1,263 Cr YOY GROWTH 10.2% 13.3% 14.0% 13.7% STANDALONE Rs. 6,740 Cr Rs. 1,695 Cr Rs. 1,659 Cr Rs. 1,236 Cr YOY GROWTH 10.5% 12.9% 13.5% 13.0% 18 #Net Sales excludes
Slide 20: Segment Overview – Standalone
Segment Overview – Standalone (in INR Crores) #Revenue includes other operating revenue. ^PBIT is Profit Before Interest, `Tax and Exceptional Items. 19 *PBT is Profit Before Tax and Exceptional Items.
Slide 21: Segment Overview – Standalone
Segment Overview – Standalone Consumer and Bazaar (C&B) C&B segment revenue grew by 10.8% with UVG at 10.4%. Material costs as percentage to sales declined during the quarter and A&SP was stepped up to drive growth. Segment EBIT declined by 23 bps. Business to Business (B2B) B2B segment witn
Slide 22: Subsidiaries Performance Q2 FY’26 - Overseas
Subsidiaries Performance Q2 FY’26 - Overseas (in INR Crores) NET SALES EBITDA 200 3% 6% -3% 4% 40 160 120 25 84.4 86.9 85.5 16.8 17.4 80.7 80 10 6.7 6.5 40 0 -5 Middle East and Africa Asia Middle East and Africa Asia Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 EBITDA is before exceptional items. Figures are rep
Slide 23: Subsidiaries Performance H1 FY’26 - Overseas
Subsidiaries Performance H1 FY’26 - Overseas (in INR Crores) NET SALES EBITDA 600 4% 7% -16% 16% 80 450 60 300 40 34.5 29.7 159.7 166.2 159.9 170.5 150 20 15.2 12.8 0 0 Middle East and Africa Asia Middle East and Africa Asia H1'FY25 H1'FY26 H1'FY25 H1'FY26 EBITDA is before exceptional items. Figures
Slide 24: Subsidiaries Performance Q2 FY’26 - Domestic
Subsidiaries Performance Q2 FY’26 - Domestic (in INR Crores) NET SALES EBITDA 200 17% 1% 41% -173% 40 160 145.6 124.8 25.0 120 25 17.8 76.1 76.8 80 10 40 0 -5 -2.1 -5.8 C&B B2B C&B B2B Q2 FY25 Q2 FY26 Q2 FY25 Q2 FY26 EBITDA is before exceptional items. 23 C&B is Consumer & Bazaar and B2B stands for
Slide 25: Subsidiaries Performance H1 FY’26 - Domestic
Subsidiaries Performance H1 FY’26 - Domestic (in INR Crores) NET SALES EBITDA 600 16% 3% 41% -138% 80 450 60 46.9 300 278.7 239.3 40 33.2 160.2 165.8 150 20 2.7 0 0 -1.0 C&B B2B C&B B2B H1'FY25 H1'FY26 H1'FY25 H1'FY26 EBITDA is before exceptional items. 24 C&B is Consumer & Bazaar and B2B stands for
Slide 26: Sustainability Journey
Sustainability Journey a!
Slide 27: Sustainability Journey - Approach
Sustainability Journey - Approach Proactive approach to integrate sustainability into business strategy Core Environment Social Governance Pillars Combating Climate Servicing People & Responsible Value Change Communities Creation 70%* reduction Water Use Zero occupational accidents, intensity illnes
Slide 28: Sustainability Journey – KPI
Sustainability Journey – KPI The execution of identified actions delivering measurable outcomes Water Use Intensity Energy Use Intensity Renewable Energy Mix [KL/Ton of Production] [GJ/Ton of Production] [% of Renewable Energy in Total Energy Consumed] 1.8 47% 2.38 61% 57% Reduction 7% 1.03 Reductio
Slide 29: Performance Outlook
Performance Outlook [\\ ill
Slide 30: Performance Outlook
Performance Outlook As we look ahead, we remain optimistic. The domestic operating environment is expected to improve, aided by favourable monsoons, and the indirect cascading impact of GST 2.0 on our demand coupled with accelerated growth in the construction sector driven by benign interest rates
Slide 31: Company Information
Company Information [\\ ill
Slide 32: Creating Value by Creating Categories
Creating Value by Creating Categories © © GROWTH PIONEER Established Brands Emerging categories Nascent Categories with high market with significant potential with huge market maturity and strong for market growth or creation opportunity share position share gain 1-2X GDP 2-4X GDP... 100 Crores reve
Slide 33: 5-year Performance by Business Segments (Standalone)
5-year Performance by Business Segments (Standalone) Numbers represent Percentage of Total Sales Consumer and Bazaar (C&B) Business to Business (B2B) B2B includes Others also 84% 22% 82% 20% 82% 81% 81% 81% 20% 80% 19% 19% 19% 80% 18% 18% 78% 16% 76% 14% 74% 72% 12% 70% 10% 2020-21 2021-22 2022-23 2
Slide 34: Industry Segment Composition
Industry Segment Composition 4.1% 81.2% 9.2% Consumer & Pigment & Industrial Resins, Bazaar products Preparations Construction chemicals (Project) etc. 18.4% 0.4% Business to Business Others products 5.1% Industrial 0.4% Adhesives Others 5.8% Art & Craft Materials etc. 53.2% Adhesives & Sealants 22.
Slide 35: Company at a glance
Company at a glance Brand established in 1959 Adhesives & sealants, History of creating Among the most trusted brands Pioneer in Consumer & construction chemicals, strong brands in the country. Other big brands Specialty Chemicals art & craft products & include M-Seal, Fevikwik, Fevistik, polymer em
Slide 36: Shareholding Pattern- 30th September 2025
Shareholding Pattern- 30th September 2025 35
Slide 37: Share price movement
Share price movement Rebased to 100 36
Slide 38: Consistent dividend payouts
Consistent dividend payouts 48.6% 50% 44.5% 45.4% 42.7% 39.9% 40% 30% 20% 10% 0% FY21 FY22 FY23 FY24 FY25 Note: The Net Profit considered for above calculation is excluding exceptional items 37
Slide 39: Investor Relations
CIN : L24100MH1969P LC014336 Investor Relations Investor.relations@pidilite.co.in Manisha Shetty [Company Secretary] Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E), Mumbai - 400 059. Phone : +91 22 28357949 Fax : +91 22 28216007