Pidilite Industries Limited (PIDILITIND) Earnings Call Transcripts

Pidilite Industries Limited's Latest Earnings Call - Q4 FY2026

In Q4 FY '26, Pidilite Industries reported a strong revenue growth of 15.3% year-over-year, reaching INR 3,272 crores, driven by robust underlying volume growth across both Consumer and Bazaar and B2B segments. The EBITDA margin expanded by 280 basis points to 23.4%, while PAT grew by 36.6%. Management maintained a positive outlook, signaling a commitment to driving underlying volume growth, despite potential headwinds from geopolitical tensions affecting supply chains and raw material prices.

Reported metrics

Guidance from management

Management maintained a positive outlook for FY '27, targeting underlying volume growth above 11% and reaffirmed their commitment to managing inflation through calibrated price increases.

What management said

So Abneesh, I think that you asked, I think the reason is that we found strategic synergies in doing this transaction. I think BuildNext basically has a good home in JSW One. And yes, you are right, post the transaction, we will be shareholders of JSW One as well. As far as the other synergies are concerned, we will explore them as we go along. I think that's where we are, Abneesh.

As these marketplaces come up, Abneesh, I think the spirit in which you should take it is that as these marketplaces come up, and I think JSW One and there's also Birla Pivot and all that, I think these will go well beyond their own products for them to be successful marketplaces. And therefore -- and there is always inquiry on that sort of other products, including ours. So what -- our point of view is that we wil...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of volume growth amidst geopolitical tensions and raw material inflation. There were questions about potential impacts on demand due to price hikes and the ability to maintain margins in a volatile environment.

Main topics on the call

• Strong Revenue Growth — Pidilite reported a revenue of INR 3,272 crores in Q4 FY '26, reflecting a 15.3% increase year-over-year, supported by a similar underlying volume growth of 15.3%. Management noted, "Both our Consumer and Bazaar and B2B ...
• Margin Expansion — The EBITDA margin for Q4 expanded by 280 basis points to 23.4%, attributed to improved gross margins and effective cost control. Management stated, "Our control on costs... increased by only 9.2% compared to a sales grow...
• Geopolitical Supply Chain Concerns — Management acknowledged disruptions in export revenues due to conflicts in Gulf and West Asia, impacting supply chains. They emphasized their proactive measures to secure supply continuity, stating, "We started discussin...
• Price Hikes and Inflation Management — Pidilite has implemented price increases of approximately 12% to 15% across categories in response to raw material inflation, particularly VAM prices. Management indicated, "Our strategy is that we will first pass on the...

Read the full Pidilite Industries Limited transcript (Q4 FY2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 24 Pidilite Industries Limited earnings call transcripts on record, spanning January 30, 2020 to August 5, 2026. Based on this history, Pidilite Industries Limited reports quarterly. The most recent call on file is dated August 5, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

PIDILITIND

Exchange

NSEI

Country

IN

Sector

Materials

Industry

Chemicals

Calls on record

24

First call

January 30, 2020

Most recent

August 5, 2026

Reporting cadence

quarterly