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.
- Country:
- India
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.
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