Pidilite (PIDILITIND) Q1 FY25 Results Preview: Fevicol adhesive maker likely to clock 14% EBITDA growth, 140 bps margin improvement; here is what else you can expect
Pidilite (PIDILITIND) Q1 FY25 Results Preview: Mumbai-headquartered consumer and industrial specialty chemicals manufacturer Pidilite Industries is set to report its financial results for the April-June period on Wednesday, August 7. Heres what you can expect from the upcoming earnings report of the Fevicol adhesive maker.
Pidilite (PIDILITIND) Q1 FY25 Results Preview: Pidilite Industries - a Mumbai-headquartered consumer and industrial specialty chemicals maker whose popular brands include Fevicol, Dr Fixit and M-Seal - is scheduled to report its financial results for the April-June period on August 7. Analysts expect the adhesive manufacturer to stage a strong financial performance with steady growth across segments.
According to Zee Business research, Pidilite Industries is estimated to register a consolidated net profit of Rs 553 crore for the first quarter of the current financial year, which translates to an increase of 16 per cent over the corresponding period a year ago. The analysts estimate its quarterly revenue to expand to Rs 3,486 crore from Rs 3,275 crore a year ago.
Pidilite is expected to log Rs 804 crore in its June-quarter earnings before interest, taxes, depreciation and amortisation (EBITDA), up 14 per cent on a year-on-year basis, according to the research.
Zee Business analysts have pegged Pidilite's quarterly margin at 23 per cent for the June quarter as against 21.6 per cent for the year-ago period. They estimate growth to the tune of 10 per cent each in the specialty chemical maker's 'consumer and bazaar' (C&B) and business-to-business (B2B) segments.
Investors are set to track the Pidilite management's commentary on growth outlook closely.
Pidilite's top brass is scheduled to hold a post-earnings call at 4 pm on Thursday, August 8.
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