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Earnings

Pidilite Industries Q2 results: Domestic volume growth seen between 8% and 10%

Updated : October 30, 2018 09:25:41 IST

Indian adhesives manufacturing company Pidilite Industries is set to announce its quarterly results on Tuesday.

The company has a very uncanny resemblance to Asian Paints in its input cost profile as well as demand profile.

Here is what we should expect from the company today:
  • 12.5 percent of total income growth is expected.
  • EBITDA margins are likely to decline as the EBITDA may fall by about 5-5.5 percent.
  • Net profit is likely to grow just by about 7-7.5 percent.
  • Pidilite management has constantly said that it aims and aspires for double digit volume growth. Hence, domestic volume growth could be between 8 percent and 10 percent.
  • Margins will compress owing to crude and currency.
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