Pidilite also announced its results for
Pidilite's board approved a 1:1 bonus issue, which means shareholders will be entitled to receive one bonus share for every one share held.
This is the first bonus issue that Pidilite has issued for its shareholders after a decade-and-a-half.
The last instance of the company issuing free shares was back in March 2010, when it had also declared a 1:1 bonus, meaning shareholders had received one bonus share for every one share they held as on the record date.
Record date for the said bonus issue is also yet to be declared.
Additionally, Pidilite's board has also approved a special dividend for its shareholders at ₹10 per share. Record date for the special dividend has been fixed as August 13, 2025 and will be paid to shareholders by August 29, 2025.
Pidilite has regularly paid dividends to its shareholders, having paid ₹20, ₹16 and ₹11 per share in 2025, 2024 and 2023 respectively.
Back in 2018, Pidilite had also carried out a buyback of its equity shares,
For the June quarter, Pidilite reported a 18.7% growth in its net profit to ₹678 crore, while revenue, EBITDA and margins were also ahead of expectations.
Shares of Pidilite are trading 1.7% higher after the results and bonus announcement at ₹3,048.9. The stock is up 6.5% so far in 2025.
