Pidilite Industries, India’s leading adhesives, sealants and construction chemicals company, has posted a strong performance for the quarter and financial year, driven by double-digit volume growth and meaningful margin expansion.

 

The company reported an underlying volume growth (UVG) of 15.3% in Q4, alongside robust improvement in profitability, reinforcing demand strength across its core businesses.

 

“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.” said Sudhanshu Vats, Managing Director, Pidilite Industries Limited.

 

Pidilite’s Q4FY26 standalone net sales rose 15.3% year-on-year to Rs. 3,272 crore, while EBITDA jumped 31.1% to Rs. 766 crore, lifting margins by 280 basis points to 23.4%. Profit after tax increased 22.8% to Rs. 547 crore.

 

For the full year, standalone net sales grew 11.8% to Rs. 13,437 crore, with PAT rising 15% to Rs. 2,384 crore, supported by sustained demand and operational efficiencies.

 

On a consolidated basis, net sales climbed 14.1% in Q4 to Rs. 3,572 crore, while EBITDA surged 31.6% to Rs. 833 crore, expanding margins to 23.3%. Full-year consolidated PAT rose 17.9% to Rs. 2,471 crore.

 

Consumer & Bazaar (C&B) remained the key growth engine, delivering 15.9% revenue growth in Q4, with UVG of 15.4%. Segment EBIT margins expanded sharply to 30.6%, driven by strong brand demand and improved execution.

 

Business-to-Business (B2B) revenue grew 9.3% in Q4, with steady progress in project business. However, export revenue in industrial products was impacted by geopolitical tensions in the Middle East.

 

The company highlighted a continued improvement in profitability, with gross margins expanding due to lower input costs, alongside strong EBITDA expansion across both standalone and consolidated operations.

 

Looking ahead, management struck a cautiously confident tone.

 

“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.”

 

Pidilite also reaffirmed its strategic focus on volume-led profitable growth, backed by investments in innovation, brand building, and supply chain strengthening to sustain momentum amid external volatility.

 

The board has proposed a final dividend of Rs. 11.5 per share.