Pidilite Industries: H1 Margin Expected At Higher-End Of 20-24% Guidance Range | CNBC TV18
CNBC-TV18 · 24 Sept 2026 · 5 min
Management interview of Pidilite Industries Ltd (PIDILITIND), with 3 key numbers discussed.
- Sudhanshu Vats, MD, Pidilite Industries
Pidilite Industries Managing Director Sudhanshu Vats noted that domestic demand remains resilient across product categories, including Dr. Fixit waterproofing. While Q2 margins may trend towards the lower end of the 20-24% guidance range due to high-cost raw material inventory flowing through, overall H1 margins are expected at the higher end. The company implemented price increases of mid-to-high single digits on a weighted average basis in H1 to offset absolute cost inflation. Further price actions will be calibrated if crude stays above $100 per barrel on a sustained basis.