Pidilite: Margins anticipated to normalise in 2023
Despite strong execution capabilities, there are potential challenges that may limit the company's near-term earnings growth.14-11-2022
Pidilite: Margins anticipated to normalise in 2023
Despite strong execution capabilities, there are potential challenges that may limit the company's near-term earnings growth.Inflation now at manageable level, expect better margins in H2: Pidilite MD
The inflation is still high compared to the past, but it has come down to a 'manageable level', Pidilite Industries Managing Director Bharat Puri has said. He also expects better margins in the second half of this fiscal. The current quarter will have some lag due to the carry forward of some of the high-priced inventory, but the fourth quarter would witness better margins, Puri said. He is optimistic about India and the home improvement sector, and Pidilite is ready for the next phase of growth with its ongoing capex programme. Puri expects the rural markets to bounce back with positive volume growth, helped by a good monsoon in the next six months. According to Puri, it will take a little bit of time but will come back. The demand is most impacted in rural and semi-urban India. "As inflation moderates and more money comes into the hands of the consumer because of the good monsoon, we do think that over the next six months, hopefully, demand should improve from there also," PuriPIDILITE INDUSTRIES LTD. - 500331 - Audio Recording Q2FY23 Earnings Call
Audio Recording Q2FY23 Earnings CallPIDILITE INDUSTRIES LTD. - 500331 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Intimation of Schedule of Analyst/Institutional Investor Meetings under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015PIDILITE INDUSTRIES LTD. - 500331 - Announcement under Regulation 30 (LODR)-Investor Presentation
Earnings PresentationPIDILITE INDUSTRIES LTD. - 500331 - Announcement under Regulation 30 (LODR)-Change in Directorate
Changes in DirectorsPIDILITE INDUSTRIES LTD. - 500331 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
Please find attached Press Release dated 9th November, 2022PIDILITE INDUSTRIES LTD. - 500331 - Board Meeting Outcome for Outcome Of Board Meeting
Outcome of Board MeetingPIDILITE INDUSTRIES LTD. - 500331 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation as per Regulation 39(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015