Standalone Double digit UVG in Q4 Standalone Q4 EBITDA Margins at 20.6%

Pidilite Industries Limited, India’s leading manufacturer of adhesives, sealants and construction chemicals today announced its financial results for the quarter and year ended March 31, 2025.

The current quarter’s revenue growth of 10.2% was underpinned by UVG of 9.8% across categories and geographies. Consumer and Bazaar (‘C&B’) UVG was 8.0% with sequential improvement, while Business to Business (‘B2B’) continued to report robust UVG of 16.4%.

Gross Margins improved by 154 bps over Q4 FY24 and by 86 bps over Q3 FY25, primarily driven by benign input prices. A&SP spends were stepped up to drive demand generation (Q4 FY25: 5.4% of Net Sales; Q4 FY24: 4.7%; Q3 FY25: 3.9%). EBITDA Margins remained in line with Q4 FY24 at 20.6%.

FY25 revenue grew by 8.1% underpinned by UVG of 9.3% with C&B UVG of 7.2% and B2B UVG of 19.2%. Gross Margins increased by 254 bps over previous year on account of lower input costs. EBITDA Margins for FY25 were at 23.6% as compared to 22.9% last year.

We continue to remain focussed on building a resilient supply chain and invest behind upgrading and setting up new manufacturing facilities. Innovation across C&B and B2B segment continued to positively contribute to the overall revenues of the company.

Domestic subsidiaries reported double-digit sales growth in the current quarter. EBITDA also grew in double-digit over Q4 FY24. Sales of International subsidiaries (excluding Pidilite USA and Pulvitec Brazil) were in line with Q4 FY24.