Pidilite Industries Ltd. — Earnings Release 2026

May 7, 2026

Pidilite

7th May, 2026

The Secretary
BSE Ltd.
Corporate Relationship Dept.,
14th floor, P. J. Tower,
Dalal Street, Fort
Mumbai - 400 001
Stock Code – 500331

The Secretary
National Stock Exchange of India Ltd.
Exchange Plaza, Plot no. C/1, G Block,
Bandra-Kurla Complex,
Bandra (E),
Mumbai - 400 051
Stock Code - PIDILITIND

Dear Sir,

Sub: Press release

Please find attached the press release dated 7th May, 2026.

Thanking You,

Yours faithfully,
For Pidilite Industries Limited

MANISHA RAKESH
SHETTY
Digitally signed by MANISHA RAKESH
Date: 2026/05/07 09:11:48
+92'00'

Manisha Shetty
Company Secretary

Encl as above

Regd. Office
Regent Chambers, 7th Floor
Jamnalal Bajaj Marg
208 Nariman Point
Mumbai 400 021

Pidilite Industries Limited
Corporate Office
Ramkrishna Mandir Road
Andheri - E, Mumbai 400059, India
T + 91 22 2835 7000
2835 7952 / 2835 7365
F +91 22 2830 4482
www.pidilite.com
CIN:L24100MH1969PLC014336

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Press Release

For Immediate Dissemination

Piddlite

Piddlite reports a strong Underlying Volume Growth (UVG) of 15.3% with robust margin expansion

Final Dividend proposed* at Rs 11.5 per share

Mumbai, May 07, 2026: Piddlite Industries Limited, India's leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and financial year ended March 31, 2026.

Key Performance Highlights (Standalone):

Particulars (* crores)	Q4FY25	Q4FY26	Growth	FY '25	FY'26	Growth
Net Sales	2,839	3,272	15.3%	12,023	13,437	11.8%
Earnings before Interest, Tax & Depreciation	584	766	31.1%	2,835	3,300	16.4%
EBITDA %	20.6%	23.4%		23.6%	24.6%
Profit After Tax	446	547	22.8%	2,074	2,384	15.0%

• Net Sales for the quarter at Rs 3,272 Cr grew by 15.3% with UVG of 15.3% as compared to a FY 26 UVG of 11.8%.
• Consumer & Bazaar (C&B) revenue grew by 15.9% with UVG at 15.4%.
• Business to Business (B2B) revenue grew by 9.3% with UVG of 14.8%.
• Gross Margins improved by ~100 bps over Q4 last year due to lower input costs and were in line with Q3 FY 26.
• EBITDA % improved by 280 bps over Q4 last year.

Key Performance Highlights (Consolidated):

Particulars (* crores)	Q4FY25	Q4FY26	Growth	FY'25	FY'26	Growth
Net Sales	3,130	3,572	14.1%	13,094	14,553	11.1%
Earnings before Interest, Tax & Depreciation	633	833	31.6%	3,013	3,519	16.8%
EBITDA %	20.2%	23.3%		23.0%	24.2%
Profit After Tax	428	584	36.6%	2,096	2,471	17.9%

• Net sales for the quarter at Rs 3,572 cr grew by 14.1% over the same quarter last year.
• Gross Margins improved by ~160 bps compared to Q4 last year due to lower input costs.
• EBITDA improved by ~310 bps over Q4 last year.

Revenue includes other operating income.

*The proposed dividend is subject to approval of shareholders at the AGM.

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Press Release

For Immediate Dissemination

Pidilite

Business Segment Performance

(*Standalone Basis)

Consumer and Bazaar (C&B)

Particulars (₹ crores)	Q4FY25	Q4FY26	Growth	FY'25	FY'26	Growth
Revenue from operations*	2,208	2,561	15.9%	9,656	10,837	12.2%
Earnings before Interest & Tax	582	785	34.7%	2,870	3,382	17.8%
EBIT %	26.4%	30.6%		29.7%	31.2%

• C&B segment revenue in Q4 grew by 15.9% with UVG at 15.4%.

Business to Business (B2B)

Particulars (₹ crores)	Q4FY25	Q4FY26	Growth	FY'25	FY'26	Growth
Revenue from operations*	688	752	9.3%	2,590	2,800	8.1%
Earnings before Interest & Tax	125	146	17.2%	460	513	11.5%
EBIT %	18.1%	19.5%		17.8%	18.3%

• B2B segment in Q4 grew by 9.3%. The project business maintained its growth momentum. Industrial products export revenue was impacted due to the middle east conflict.

Commenting on the results, Mr. 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.

FEVICOL

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Press Release

For Immediate Dissemination

Piddlite

Investor Information:

Q4 FY26 Earnings Conference Call
FRIDAY, 08 MAY 2026, 4:00 pm
Diamond Pass Link	Diamond Pass Link
Primary Numbers	+91 22 6280 1107 / + 91 22 7115 8008

> Investor Relations Contact: investor.relations@piddlite.co.in
> Media Contact: corpcomm@piddlite.co.in

About Piddlite:

Piddlite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY (Do-It-Yourself) products and polymer emulsions in India. Our products range also includes paint chemicals, automotive chemicals, art materials and stationery, fabric care, maintenance chemicals, industrial adhesives, industrial resins and organic pigments & preparations. Most of the products have been developed through strong in-house R&D. Our brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in the country. Some of our other major brands are M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Araldite and Fevicryl.

Learn more about Piddlite on: www.piddlite.com | Facebook | Twitter | LinkedIn | Instagram

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