Slide 1: Exchange intimation letter: Earnings Presentation
7th May, 2026 The Secretary The Secretary BSE Ltd. National Stock Exchange of India Ltd. Corporate Relationship Dept., Exchange Plaza, Plot no. C/1, G Block, 14th floor, P. J. Tower, Bandra-Kurla Complex, Dalal Street, Fort Bandra (E), Mumbai - 400 001 Mumbai - 400 051 Stock Code – 500331 Stock Code
Slide 2: Pidilite
Pidilite
Slide 3: Pioneers of imagination who create better possibilities
Slide 4: Q4 FY26 Earnings Presentation
Q4 FY 26 EARNINGS PRESENTATION
Slide 5: Our Brands
OUR BRANDS CORE GROWTH Joineries PIONEER
Slide 6: Disclaimer
DISCLAIMER This presentation may contain statements which reflect the management’s current views and estimates and could be construed as forward-looking statements. The future involves certain risks and uncertainties that could cause actual results to differ materially from the current views being e
Slide 7: Index
INDEX 1 Performance Overview • Financial Performance • New Product Innovation • Marketing Initiatives • Awards 2 Detailed Financial Performance • Standalone & Consolidated • Segment • Subsidiaries 3 Sustainability Journey 4 Performance Outlook 5 Company Information
Slide 8: Performance Overview
Performance Overview
Slide 9: Financial Performance – Q4 FY26
FINANCIAL PERFORMANCE – Q4 FY26 • Revenue growth of 15.3% aided by Underlying Volume Growth (UVG) of 15.3%. • Consumer and Bazaar (‘C&B’) recorded UVG of 15.4%. • Business to Business (‘B2B’) recorded UVG of 14.8%. Domestic B2B continues double digit growth with UVG of 21.5% however, exports UVG dec
Slide 10: Earnings Summary – Q4 FY26
EARNINGS SUMMARY – Q4 FY26 Standalone Consolidated Net Sales # Rs 3,272 Cr 15.3% Rs 3,572 Cr 14.1% EBITDA * Rs 766 Cr 31.1% Rs 833 Cr 31.6% PBT * Rs 732 Cr 20.9% Rs 787 Cr 30.7% PAT Rs 547 Cr 22.8% Rs 584 Cr 36.6% #Net Sales excludes Other Operating Revenue. 9 *EBITDA is before non-operating income.
Slide 11: Financial Performance – FY 2025-26
FINANCIAL PERFORMANCE – FY 2025-26 • Revenue growth of 11.8% aided by UVG of 11.1%. • Consumer and Bazaar (‘C&B’) recorded UVG of 11.1% and Business to Business (‘B2B’) recorded UVG of 11.2%. • Gross Profit margin at 54.7% expanded by 90 bps (13.6% absolute growth) on account of lower input costs. •
Slide 12: Earnings Summary – FY 2025-26
EARNINGS SUMMARY – FY 2025-26 Standalone Consolidated Net Sales # Rs 13,437 Cr 11.8% Rs 14,553 Cr 11.1% EBITDA * Rs 3,300 Cr 16.4% Rs 3,519 Cr 16.8% PBT * Rs 3,202 Cr 14.9% Rs 3,336 Cr 17.0% PAT Rs 2,384 Cr 15.0% Rs 2,471 Cr 17.9% #Net Sales excludes Other Operating Revenue. 11 *EBITDA is before non
Slide 13: New Product Introduction
NEW PRODUCT INTRODUCTION High-performance footwear adhesive delivering An advanced adhesive engineered excellent initial tack and superior final bond strength to bond any substrate to any sheet— across a wide range of footwear materials. Designed including challenging combinations for premium-qualit
Slide 14: Marketing Initiatives
MARKETING INITIATIVES A Twisted Love Story: How Fevicol Shoefix and Blinkit Fixed a Broken ‘Jodi’ Fevicol ShoeFix, through its campaign film ‘Jodi Salamat Rahe’, played out a ’90s Bollywood romance timed around Valentine’s Day. 13
Slide 15: Marketing Initiatives
MARKETING INITIATIVES Roff X Wheel of Fortune Dr Fixit X TATA WPL 14
Slide 16: Marketing Initiatives
MARKETING INITIATIVES Our impactful events & exhibitions Agrimela IndiaWood Paint Inda 2025 2026 Expo 2026 15
Slide 17: Awards & Recognition
AWARDS & RECOGNITION Fevicol’s Teeka Id Fevicol Won campaign won ‘Gold’ Fevikwik AI Coveted Silver Effie for purpose driven campaign won a for Sustained integrated Gold at SAC under Success. communication at the ‘Next Gen format’ SAC Awards. category. Fevicol MR bagged a Bronze Effie in the Integrat
Slide 18: Awards & Recognition
AWARDS & RECOGNITION Pidilite Design Team won multiple awards at the ET Brand Equity Design & Creativity Awards Pidilite’s Darpan+platform recognized at CII’s 7th Pidilite recognised as India's Top 20 Innovative Companies of including the ‘Best In-House Design Studio’ & a Digital Transformation (DX)
Slide 19: Detailed Financial Performance
Detailed Financial Performance
Slide 20: Earnings Summary – Standalone
EARNINGS SUMMARY – STANDALONE In Crs QUARTER FULL YEAR PARTICULARS Q4 FY25 Q4 FY26 Growth (%) FY 25 FY 26 Growth (%) Net Sales 2,839 3,272 15.3% 12,023 13,437 11.8% Material Costs 1,290 1,452 12.6% 5,551 6,083 9.6% A&SP 152 146 -4.0% 471 561 19.1% Staff Costs * 405 420 3.5% 1,545 1,710 10.7% Other E
Slide 21: Segment Overview – Standalone
SEGMENT OVERVIEW – STANDALONE Q4 FY 26 FY 26 Consumer & Bazaar (C&B) Revenue from Rs 2,561 Cr 15.9% Rs 10,837 Cr 12.2% operation # PBIT^ Rs 785 Cr 34.7% Rs 3,382 Cr 17.8 % Business to Business (B2B) Revenue from Rs 752 Cr 9.3% Rs 2,800 Cr 8.1% operation # PBIT^ Rs 146 Cr 17.2% Rs 513 C 11.5% #Revenu
Slide 22: Segment Overview – Standalone
SEGMENT OVERVIEW – STANDALONE Consumer and Bazaar (C&B) Business to Business (B2B) • C&B segment revenue grew by 15.9% for the • B2B segment witnessed grew by 9.3% for the quarter and 12.2% for FY 25-26. quarter and 8.1% for FY 25-26. The Project business maintained its growth momentum; • EBIT % imp
Slide 23: Domestic Subsidiaries Performance
DOMESTIC SUBSIDIARIES PERFORMANCE Q4 FY 26 FY 26 Consumer and Bazaar (C&B) Net Sales Rs 161 Cr 22.1% Rs 586 Cr 17.1% EBITDA * Rs 20 Cr 15.1% Rs 89 Cr 28.7% Business to Business (B2B) Net Sales Rs 99 Cr -14.1% Rs 359 Cr -5.1% EBITDA * Rs 13 Cr -5.9% Rs 18 Cr -41.0% *EBITDA is before exceptional items
Slide 24: Overseas Subsidiaries Performance
OVERSEAS SUBSIDIARIES PERFORMANCE Q4 FY 26 FY 26 Middle MiddleEast Eastand Africa & Africa Net Sales Rs 85 Cr 11.2% Rs 341 Cr 5.5% EBITDA * Rs 8 Cr 9.7% Rs 29 Cr 6.2% Asia Net Sales Rs 94 Cr 6.4% Rs 359 Cr 7.0% EBITDA * Rs 23 Cr 33.5% Rs 78 Cr 24.9% *EBITDA is before exceptional items. Figures are r
Slide 25: Earnings Summary – Consolidated
EARNINGS SUMMARY – CONSOLIDATED In Crs QUARTER FULL YEAR PARTICULARS Q4 FY25 Q4 FY26 Growth (%) FY 25 FY 26 Growth (%) Net Sales 3,130 3,572 14.1% 13,094 14,553 11.1% Material Costs 1,412 1,555 10.1% 5,996 6,489 8.2% A&SP 163 163 0% 505 603 19.4% Staff Costs* 455 480 5.6% 1,742 1,941 11.5% Other Exp
Slide 26: Sustainability Journey
SUSTAINABILITY JOURNEY
Slide 27: Sustainability Journey - Approach
SUSTAINABILITY JOURNEY - APPROACH Proactive approach to integrate sustainability into business strategy Environment Social Governance Our Core Combatting Climate Change & Servicing People and Responsible Value Pillars Sustainable Innovation Communities Creation 2025 - 2027 2027 - 2029 2030 Future Ac
Slide 28: Sustainability Journey – KPIs
SUSTAINABILITY JOURNEY – KPI’s The execu on of iden fied ac ons delivering measurable outcomes Environment Social Governance Our Core Combatting Climate Change & Servicing People and Responsible Value Pillars Sustainable Innovation Communities Creation Water Use Intensity Renewable Energy Mix Compari
Slide 29: Performance Outlook
PERFORMANCE OUTLOOK
Slide 30: Performance Outlook
PERFORMANCE OUTLOOK • 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 ch
Slide 31: Company Information
COMPANY INFORMATION
Slide 32: Creating Values by Creating Categories
CREATING VALUES BY CREATING CATEGORIES CORE GROWTH PIONEER Established Brands Emerging categories with Nascent Categories with high market significant potential for with huge market maturity and strong market growth or share gain creation opportunity share position 100 Crores revenue 1-2X GDP 2-4X G
Slide 33: 5-Year Performance by Business Segments (Standalone)
5-YEAR PERFORMANCE BY BUSINESS SEGMENTS (STANDALONE) 22% 84% 20% 82% 20% 82% 82% 19% 19% 80% 81% 81% 18% 80% 18% 18% 78% 16% 76% 14% 74% 12% 72% 70% 10% 2021-22 2022-23 2023-24 2024-25 2025-26 2021-22 2022-23 2023-24 2024-25 2025-26 Consumer and Bazaar (C&B) Business to Business (B2B) Percentage of
Slide 34: Industry Segment Composition
INDUSTRY SEGMENT COMPOSITION 3.4% 81.6% Consumer & Pigment & Bazaar products 9.7% Preparations Industrial Resins, 18.0% Construction chemicals 0.4% Business to (Project) etc. Others 4.9% Business Industrial Adhesives products 0.4% 5.6% Others Art & Craft materials and 53.4% Others Adhesives & Sealan
Slide 35: Company at a Glance – Our Journey
COMPANY AT A GLANCE Our Journey Brand established in 1959 Pioneer in Consumer & Specialty Chemicals Adhesives & sealants, construction chemicals, art & craft products & polymer emulsions Among the most trusted brands in the country. Other big brands include M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixi
Slide 36: Company at a Glance
COMPANY AT A GLANCE We operate in Manufacturing set ups R&D Centers 80+ 32 Countries Plants 9 Regional 30 5 Offices Co-Makers India 1 4 6 Singapore Regional Distribution International Centers Set-up (Thailand, Dubai, Egypt, Bangladesh, Sri Lanka & Kenya) 50 Warehouses 35
Slide 37: Company at a Glance – Revenue (FY26) Details
COMPANY AT A GLANCE Revenue (FY 26) details DOMESTIC INTERNATIONAL Subsidiaries Subsidiaries 15 (Incl 1 partnership) 19 (5 Direct, 14 Step down) 6 Associates 1 Joint Venture Standalone Export (Standalone) Rs 12,570 Cr Rs 918 Cr Subsidiaries Subsidiaries Rs 952 Cr Rs 715 Cr Revenue Figures are exclud
Slide 38: Shareholders' Update
SHAREHOLDERS’ UPDATE Stock Price Movement between 01 Apr 2025 and 31 Mar 2026 115 110 105 100 14.59% 95 90 85 80 11.75% 4.34% Pidilite Sensex Rebased to 100 Share Price Movement 69.32% 70% Promoters Mutual Funds 49% 43% 45% 45% FPIs Others Shareholding Pattern – 31st March 2026 FY22 FY23 FY24 FY25 F
Slide 39: Investor Contact
INVESTOR CONTACT CIN : L24100MH1969PLC014336 investor.relations@pidilite.co.in Manisha Shetty [Company Secretary] Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E), Mumbai - 400 059. Disclaimer: This presentation may contain statements which reflect the management’s current views and