Pidilite Industries Announces Dividend Of Rs 20 Per Share
Pidilite's fourth-quarter profit rose 41% to Rs 422.3 crore.
Pidilite Industries Ltd. announced on Thursday a dividend of Rs 20 per equity share of the face value of Re 1 each for financial year 2025.
The proposal is subject to approval of shareholders during the annual general meeting. The dividend will be paid to the shareholders within a period of 30 days from the date of the 56th AGM, according to an exchange filing.
Pidilite Q4 Highlights (Consolidated, YoY)
Revenue up 8.2% to Rs 3,141 crore versus Rs 2,902 crore.
Ebitda up 9.6% to Rs 632.5 crore versus Rs 577 crore.
Ebitda margin expands to 20.1% versus 19.8%.
Net profit up 41% to Rs 422.3 crore versus Rs 300.6 crore.
Shares of Pidilite closed 0.60% lower at Rs 2,957.5 apiece on the NSE, compared to a 0.58% decline in the benchmark Nifty. The stock has risen 5.06% in the last 12 months and 1.83% on a year-to-date basis.
Ten out of the 17 analysts tracking the company have a 'buy' rating on the stock, two recommend 'hold' and five suggest 'sell', according to Bloomberg data. The average of 12-month analysts' price target implies a potential upside of 5.6%.
