Conference Call with Pidilite Industries Management and Analysts on Q4FY26 & Full Year Performance and Outlook. Listen to the full earnings transcript.
Specialty Chemicals company Pidilite Industries announced Q4FY26 & FY26 results Consolidated Financial Highlights: Net Sales for Q4FY26 stood at Rs 3,572 crore, representing a growth of 14.1% YoY compared to Rs 3,130 crore in Q4FY25. For the full year FY26, consolidated Net Sales reached Rs 14,553 crore, up by 11.1% from Rs 13,094 crore in FY25. EBITDA for the quarter Q4FY26 was Rs 833 crore, a significant increase of 31.6% YoY over Rs 633 crore in Q4FY25. Annual EBITDA for FY26 stood at Rs 3,519 crore, reflecting a growth of 16.8% compared to Rs 3,013 crore in FY25. The consolidated EBITDA margin for Q4FY26 improved to 23.3% from 20.2% in Q4FY25. Profit After Tax (PAT) for Q4FY26 grew by 36.6% YoY to Rs 584 crore from Rs 428 crore. For the full year FY26, Profit After Tax was Rs 2,471 crore, marking a 17.9% YoY growth from Rs 2,096 crore in FY25. Standalone Financial Highlights: Net Sales for Q4FY26 were Rs 3,272 crore, registering a growth of 15.3% YoY compared to Rs 2,839 crore in Q4FY25. Annual Net Sales for FY26 reached Rs 13,437 crore, an 11.8% increase over Rs 12,023 crore in FY25. EBITDA for Q4FY26 stood at Rs 766 crore, up by 31.1% YoY from Rs 584 crore. For the full year FY26, Standalone EBITDA was Rs 3,300 crore, reflecting a 16.4% growth compared to Rs 2,835 crore in FY25. The standalone EBITDA margin for Q4FY26 was 23.4% compared to 20.6% in the same quarter last year. Profit After Tax (PAT) for Q4FY26 was Rs 547 crore, a growth of 22.8% YoY over Rs 446 crore in Q4FY25. Annual Profit After Tax for FY26 reached Rs 2,384 crore, up 15.0% YoY from Rs 2,074 crore in FY25. Business Highlights : The company achieved a strong Underlying Volume Growth (UVG) of 15.3% in Q4FY26, compared to a full-year FY26 UVG of 11.8%. The Board has proposed a Final Dividend of Rs 11.5 per share for the financial year ended 31st March, 2026. Consumer & Bazaar (C&B;) Segment: Standalone revenue for this segment grew by 15.9% YoY in Q4FY26 to Rs 2,561 crore, with a UVG of 15.4%. For the full year FY26, C&B; revenue reached Rs 10,837 crore, a growth of 12.2%. C&B; segment EBIT for Q4FY26 stood at Rs 785 crore, showing a YoY growth of 34.7%. Business to Business (B2B) Segment: Standalone revenue for this segment grew by 9.3% YoY in Q4FY26 to Rs 752 crore, with a UVG of 14.8%. For the full year FY26, B2B revenue was Rs 2,800 crore, up 8.1%. B2B segment EBIT for Q4FY26 was Rs 146 crore, reflecting a growth of 17.2% YoY. While the B2B project business maintained its growth momentum, industrial products export revenue was impacted due to the Middle East conflict. Gross Margins on a standalone basis improved by approximately 100 bps over Q4 last year due to lower input costs and remained in line with Q3FY26. On a consolidated basis, Gross Margins improved by approximately 160 bps compared to Q4 last year. Sudhanshu Vats, Managing Director, Pidilite Industries Limited, said: "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." Result PDF
Conference Call with Pidilite Industries Management and Analysts on Q3FY26 Performance and Outlook. Listen to the full earnings transcript.