Pidilite sees double-digit FY27 volume growth

Pidilite said on Aug 6, 2026 that it expects double-digit volume growth in fiscal 2026–27 and stable earnings after implementing price increases to offset volatile commodity costs, officials said. Reaction pending.

The company said demand remains robust across urban and rural channels and that price rises were calibrated to pass through higher raw-material input costs while protecting volumes, officials said. Management added it is diversifying its supplier base to reduce exposure to geopolitical disruptions.

EBITDA margin 20–24%

Officials said Pidilite will retain its EBITDA margin guidance band of 20–24%. The company framed the guidance as contingent on continued demand and the effectiveness of recent price actions to absorb cost inflation.

For equities, the immediate market signal is a mix of top-line growth and guarded margin guidance: double-digit volume increases support revenue momentum, while the maintained margin band limits upside to short-term profit surprises. Investors will likely focus on quarterly volume and raw-material trends to judge whether price hikes are sustainable.

Watch for confirmation of the guidance at the close of FY27 on March 31, 2027, when the company will report full-year volume and margin outcomes, officials said.