Pidilite Q4 Volume Growth 15.3%, EBITDA Margin Expands 280bps

Pidilite reported Q4 FY26 standalone revenue of INR 3,272 crores with 15.3% value growth and 15.3% underlying volume growth across Consumer & Bazaar and B2B segments.
EBITDA margin expanded 280 bps YoY to 23.4% due to gross margin improvement and operating leverage, while consolidated PAT grew 36.6% for the quarter.
Management disclosed two price hikes (April and May 2026) totaling 12-15% on Fevicol products to counter 40-50% raw material inflation driven by West Asia supply disruptions.
The company completed a share swap transferring BuildNext platform to JSW One for an insignificant stake, focusing on core business growth amid dynamic cost environment.