StockWatch
·
Filing
Q4

PIDILITE INDUSTRIES LTD.

PIDILITINDFY2607 May 2026
Revenue-3.4%
Net Profit-6.4%
OPM23.02%

P&L

Quarterly Consolidated

Revenue
-3.4%3.6K
Expenditure
-2.3%2.9K
Net Profit
-6.4%584.15
NPM 16.01%-3.1%EPS ₹5.69-6.3%

vs Q3 FY26

Pidilite FY26: UVG Up 15.3%, Final Dividend ₹11.5/Share

07 May 2026 · 7 May, 8:22 pm

Summary

Pidilite Industries Limited announced strong financial results for Q4 and FY26, reporting a consolidated Net Sales of ₹3,572 crore for the quarter, up 14.1% year-on-year, and ₹14,553 crore for the full year, an 11.1% increase. The company's consolidated Profit After Tax saw a significant jump of 36.6% to ₹584 crore in Q4FY26, reaching ₹2,471 crore for FY26. This performance was underpinned by robust margin expansion, with consolidated EBITDA improving by approximately 310 bps over Q4 last year, primarily due to lower input costs. Managing Director Mr. Sudhanshu Vats highlighted the strength of brands and business model, expressing confidence in continued domestic demand momentum and disciplined execution while focusing on profitable, volume-led growth through innovation and brand building. The company also proposed a final dividend of ₹11.5 per share.

Key Highlights

  1. 1

    Pidilite Industries Limited reported a consolidated Net Sales of ₹3,572 crore for Q4FY26, marking a 14.1% year-on-year growth.

  2. 2

    For the full financial year 2026, consolidated Net Sales reached ₹14,553 crore, an increase of 11.1% over the previous year.

  3. 3

    Consolidated Profit After Tax surged by 36.6% to ₹584 crore in Q4FY26 and grew by 17.9% to ₹2,471 crore for the full year.

  4. 4

    The company achieved a strong Underlying Volume Growth (UVG) of 15.3% in Q4FY26 on a standalone basis, contributing to robust margin expansion.

  5. 5

    Consolidated EBITDA for Q4FY26 increased significantly by 31.6% to ₹833 crore, with the EBITDA margin improving by approximately 310 bps over Q4 last year to 23.3%.

  6. 6

    The Consumer & Bazaar (C&B) segment's standalone revenue grew by 15.9% in Q4FY26, driven by an Underlying Volume Growth of 15.4%.

  7. 7

    A final dividend of ₹11.5 per share has been proposed by the Board, subject to shareholder approval.

Management Comments

S

Sudhanshu Vats

We have delivered strong mid-teens UVG and Revenue growth with robust expansion in margins, underscoring the strength of our brands and business model. Consumer & Bazaar segment continued to accelerate, while Business-to-Business segment made steady progress despite external challenges. Looking ahead, we are confident of our disciplined execution as we navigate the current supply side environment. We expect the momentum in domestic demand to continue as we manage the potential impact on input costs in the year ahead. Our strategic focus remains on driving consistent, profitable, volume-led growth through continued investments in innovation, brand building, and strengthening our supply chain capabilities. This balanced approach will help us sustain momentum while mitigating risks from external volatility.

Informational and educational content only. Not investment advice.