<ARTICLE> 5 <CIK> 0000059479 <NAME> LILLY INDUSTRIES, INC. <MULTIPLIER> 1,000 <CURRENCY> U.S. Dollars <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> NOV-30-1997 <PERIOD-START> MAR-01-1997 <PERIOD-END> MAY-31-1997 <EXCHANGE-RATE> 1.000 <CASH> 9,321 <SECURITIES> 0 <RECEIVABLES> 84,841 <ALLOWANCES> (2,817) <INVENTORY> 48,681 <CURRENT-ASSETS> 152,245 <PP&E> 131,153 <DEPRECIATION> (50,653) <TOTAL-ASSETS> 509,103 <CURRENT-LIABILITIES> 103,811 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 0 <COMMON> 92,546 <OTHER-SE> 38,820 <TOTAL-LIABILITY-AND-EQUITY> 509,103 <SALES> 154,238 <TOTAL-REVENUES> 154,238 <CGS> 95,045 <TOTAL-COSTS> 135,763 <OTHER-EXPENSES> 29 <LOSS-PROVISION> 0 <INTEREST-EXPENSE> 4,989 <INCOME-PRETAX> 13,457 <INCOME-TAX> 6,056 <INCOME-CONTINUING> 0 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 7,401 <EPS-PRIMARY> .32 <EPS-DILUTED> .32