<ARTICLE>                         5
            <MULTIPLIER>                      1,000
                   
            
            THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
            CONSOLIDATED CONDENSED BALANCE SHEET OF LILLY INDUSTRIES, INC. AS AT FEBRUARY
            28, 1995 AND THE CONSOLIDATED CONDENSED STATEMENT OF INCOME OF LILLY
            INDUSTRIES, INC. FOR THE THREE MONTHS THEN ENDED AND IS QUALIFIED IN ITS
            ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

                                           
            <FISCAL-YEAR-END>                 NOV-30-1995
            <PERIOD-END>                      FEB-28-1995
            <PERIOD-TYPE>                     3-MOS
            <CASH>                                 15,334
            <SECURITIES>                               75
            <RECEIVABLES>                          43,435
            <ALLOWANCES>                           (1,851)
            <INVENTORY>                            25,391
            <CURRENT-ASSETS>                       83,444
            <PP&E>                                 77,097
            <DEPRECIATION>                        (41,194)
            <TOTAL-ASSETS>                        182,051
            <CURRENT-LIABILITIES>                  46,165
            <BONDS>                                     0
            <PREFERRED-MANDATORY>                       0
            <PREFERRED>                                 0
            <COMMON>                               87,951
            <OTHER-SE>                             15,247
            <TOTAL-LIABILITY-AND-EQUITY>          182,051
            <SALES>                                80,447
            <TOTAL-REVENUES>                       80,447
            <CGS>                                  53,567
            <TOTAL-COSTS>                          72,217
            <OTHER-EXPENSES>                         (133)
            <LOSS-PROVISION>                            0
            <INTEREST-EXPENSE>                        616
            <INCOME-PRETAX>                         7,747
            <INCOME-TAX>                            3,100
            <INCOME-CONTINUING>                         0
            <DISCONTINUED>                              0
            <EXTRAORDINARY>                             0
            <CHANGES>                                   0
            <NET-INCOME>                            4,647
            <EPS-PRIMARY>                             .20
            <EPS-DILUTED>                             .20