Pidilite Industries Limited announced its financial results for the quarter and financial year ended March 31, 2026. The company reported a strong Underlying Volume Growth (UVG) of 15.3% for the quarter, with robust margin expansion. On a standalone basis, Net Sales for the fourth quarter of FY26 grew by 15.3% to ₹3,272 crore, driven by a UVG of 15.3%. The Consumer & Bazaar (C&B) segment revenue grew by 15.9% with a UVG of 15.4%, while the Business to Business (B2B) segment revenue grew by 9.3% with a UVG of 14.8%. Gross Margins improved by approximately 100 basis points due to lower input costs, and EBITDA % improved by 280 basis points over the same quarter last year. Consolidated Net Sales for the quarter grew by 14.1% to ₹3,572 crore. Consolidated Gross Margins improved by approximately 160 basis points, and EBITDA improved by approximately 310 basis points compared to Q4 FY25. Profit After Tax for the consolidated entity saw a significant jump of 36.6% to ₹584 crore. For the full financial year FY26, standalone Net Sales increased by 11.8% to ₹13,437 crore, and Profit After Tax grew by 15.0% to ₹2,384 crore. Consolidated Net Sales for FY26 were ₹14,553 crore, an increase of 11.1%, with Profit After Tax growing by 17.9% to ₹2,471 crore. The company has proposed a final dividend of ₹11.5 per share, subject to shareholder approval at the Annual General Meeting (AGM). Mr. Sudhanshu Vats, Managing Director, Pidilite Industries Limited, commented, "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." He further added, "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." The company will hold its Q4 FY26 Earnings Conference Call on Friday, May 08, 2026, at 4:00 pm.
