Pidilite Industries Q3 FY26 Delivers Strong Growth: ₹3,710 Cr Revenue, ₹618 Cr Profit Powers Adhesives Leader

Performance Snapshot
Pidilite Industries, the adhesives giant behind Fevicol and Dr Fixit, announced Q3 FY26 (Dec quarter) earnings on February 3, 2026. Consolidated revenue from operations reached ₹37.1 billion (₹3,710 crore), reflecting robust demand in consumer & bazaar (80% revenue) and B2B segments.
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Net profit stood at ₹6.18 billion (₹618 crore), supported by EBITDA margins ~24%, lower input costs, and 9-10% underlying volume growth (UVG) across urban/rural markets.

Strategic Insights
Building on Q2's ₹3,554 Cr revenue, H1 FY26 shows sustained momentum. Management highlights government spending boost for construction chemicals; R&D investments yield 93% commercialization rate.

Key Highlights

• Revenue Growth: Ops revenue ₹37.1 bln (₹3,710 Cr); C&B UVG 7-8%, B2B 20%+.
• ​Profitability: Net profit ₹6.18 bln (₹618 Cr); EBITDA ~₹890 Cr, margins steady 24%.
• ​Volume Driver: 10% UVG; rural outpaces urban; new launches in waterproofing, sealants.
• ​Outlook: Cautiously optimistic; festive tailwinds, infra push for FY26 double-digit growth.

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Sources: Economic Times, Moneycontrol, MarketsMojo, Business Standard.