Pidilite targets double-digit FY27 volume growth despite commodity volatility
Pidilite Industries expects double-digit underlying volume growth in FY27 while maintaining 20%–24% EBITDA-margin guidance. The maker of Fevicol and Dr Fixit raised prices by 2%–12% in the June quarter and is diversifying suppliers to manage input-cost volatility.
Pidilite expects double-digit FY27 volume growth despite commodity volatility, retaining 20-24% EBITDA-margin guidance. It raised prices by 2-12% in June, diversified suppliers and reported Q1 revenue growth of 21.3%, with demand robust across urban and rural India.
Why this matters
The outlook follows Pidilite’s Q1 FY27 profit growth of about 30%, revenue growth above 21%, and price hikes that offset input inflation. It signals continued volume ambitions while margins face commodity risk.
Retail-company signals are accelerating, up +107886% QoQ.