Pidilite Industries Managing Director Sudhanshu Vats said that fevicol maker is planning hike prices due to inflation in raw materials with the ongoing tensions in the Middle East
Speaking to NDTV Profit on the price hikes, Vats said: "We are going to pass this on in a calibrated fashion." His remarks come after companies such as Dabur and Britannia revealed their plans to hike prices of their products.
Vats also noted that the Fevicol-maker's margins in Q1FY27 would witness compression due to the US-Iran War.
Pidilite Industries announced the fourth-quarter results for the fiscal year 2025-26 on Thursday. The company's net profit rose 37.2% at Rs 579 crore in Q4FY26 from Rs 422-crore profit in the same quarter of fiscal 2025.
Consolidated revenue of Pidilite jumped 14.1% year-on-year for the three months ended March, touching Rs 3,583 crore in comparison to Rs 3,141 crore. Operating income, or earnings before interest and taxes, rose 31.7% to Rs 833 crore from Rs 633 crore. Margins expanded to 23.2% from 20.1% in the fourth quarter of fiscal 2025.
Shares of Pidilite Industries surged over 4% after the earnings announcement.
Pidilite Industries Dividend
Pidilite Industries declared a dividend of Rs 11.50 per equity share for the fiscal 2026. The company announced a distribution of nearly Rs 1,170 crore to shareholders.
The record date for ascertaining entitlement of final dividend for fiscal 2026 has not been announced. According to the exchange filing, the final dividend is subject to approval of the Members of the company at the ensuing annual general meeting. The payment for the dividend will be done within a period of 30 days from the date of the 57th Annual General Meeting.
The company on Aug. 13, 2025 had given a special dividend of Rs 10 per share. In July 2025, it gave a final dividend of Rs 20 per share. In 2024, the company gave a dividend of Rs 16 per share and in 2023, it gave a dividend of Rs 11 per share.
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