Pidilite Navigates Price Pressures Amid Middle East Conflict

Pidilite is facing price pressures due to raw material inflation but aims to maintain profit margins within the 20-24% range. The company is focused on securing supplies amid Middle East conflicts, balancing passing costs to customers and absorbing impacts. Investment priorities for future growth remain key.

Amidst price pressures stemming from raw material inflation, adhesive manufacturer Pidilite aims to sustain its operating profit margins between 20-24%, an official disclosed.

The critical focus is securing essential raw materials amid ongoing Middle East conflicts, as emphasized by Managing Director Sudhanshu Vats.

Pursuing a balanced approach, Pidilite plans to pass some cost impacts to customers while absorbing some internally, ensuring minimal impact on profitability.

(With inputs from agencies.)