As of 1 PM today, shares of Fevicol maker were trading at Rs 1482.05, up 2.13 per cent for the previous close.
Goldman Sachs maintains buy rating
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Brokerage firm Goldman Sachs has maintained buy rating on Pidilite with a target price of Rs 1,625.
Nuvama has also maintained a buy rating on Pidilite with a target price of Rs 1,450.
The company’s consolidated net profit rose 37.2 per cent year-on-year to Rs 579 crore in the January-March quarter, compared with Rs 422 crore reported in the same period last year.
Revenue from operations increased 14.1 per cent to Rs 3,583 crore against Rs 3141 crore recorded a year ago, reflecting steady demand across segments.
Operating performance also remained robust during the quarter. EBITDA climbed 31.7 per cent to Rs 833 crore from Rs 633 crore in the corresponding quarter of the previous fiscal. EBITDA margin improved to 23.2 per cent, compared with 20.1 per cent in the year-ago period.
Pidilite Industries Q4 FY26 highlights
– Net profit stood at Rs 579 crore, up 37.2 per cent YoY
– Revenue came in at Rs 3,583 crore, rising 14.1 per cent
– EBITDA increased 31.7 per cent to Rs 833 crore
– EBITDA margin improved to 23.2 per cent from 20.1 per cent
– Dividend of Rs 11.5 per equity share announced
– Pidilite Industries dividend announcement
Along with its quarterly earnings, Pidilite Industries also declared a final dividend of Rs 11.50 per equity share for FY26. The company plans to distribute nearly Rs 1,170 crore to shareholders through the dividend payout.
The company said the final dividend remains subject to shareholders’ approval at the upcoming Annual General Meeting (AGM). The record date for determining eligible shareholders is yet to be announced.
According to the company’s exchange filing, the dividend payment will be completed within 30 days from the conclusion of the 57th AGM.
Pidilite Industries has maintained a consistent dividend track record over the years. In August 2025, the company had announced a special dividend of Rs 10 per share, while a final dividend of Rs 20 per share was paid in July 2025. Earlier, the company paid Rs 16 per share in 2024 and Rs 11 per share in 2023.
(Disclaimer: The above article is meant for informational purposes only, and should not be considered as any investment advice. ET NOW DIGITAL suggests its readers/audience to consult their financial advisors before making any money related decisions.)
