Demand holding strong, but $100 crude oil a key risk to watch, says Pidilite MD

Pidilite Industries MD Sudhanshu Vats says domestic demand remains strong across categories, but sustained crude oil above $100 a barrel poses the key risk to watch. The company has already raised prices by mid-to-high single digits in H1 and expects Q2 margins near the lower end of its 20–24% guidance band. Vats also addressed the monsoon's impact on the waterproofing business and named geopolitical turbulence as the biggest external risk.