Pidilite Industries Considers Further Price Hike as West Asia Crisis Raises Input Costs

Pidilite Industries is considering another round of price increases as raw material costs continue to rise due to tensions in West Asia, as per PTI reports. The company had already implemented price hikes in April and May across parts of its portfolio.
Managing Director Sudhanshu Vats said the increase in crude-linked inputs had started affecting procurement costs towards the end of the March quarter. According to the company, its weighted average raw material costs have risen by around 40-50%.
Crude-Linked Inputs Under Pressure
Pidilite’s product portfolio includes Fevicol, Dr Fixit, FeviKwik and M-Seal. Several of the company’s key raw materials are derived from crude oil.
The company said prices of Vinyl Acetate Monomer (VAM), an important input used in adhesives, have increased sharply in recent months. Pidilite had already raised Fevicol prices by nearly 12-15% to partly offset higher costs.
Vats said the company would continue to pass on cost increases in a calibrated manner while trying to maintain margins within its guided EBITDA range of 20-24%.
Quarterly Earnings Show Growth
Pidilite reported a consolidated net profit of ₹584.15 crore for the quarter ended March FY26, up 36.63% from a year earlier. Revenue from operations rose 13.24% year-on-year to ₹3,648.16 crore.
For the full financial year, the company’s consolidated income increased 11% to ₹14,867 crore. The company said demand trends remained stable at the start of FY27 despite inflationary pressures.
Demand Conditions and Supply Position
According to the company, rural markets continued to grow faster than urban markets during FY26, although urban demand improved during the fourth quarter.
Pidilite said it has secured raw material supplies for the current quarter and is reviewing the impact of the West Asia situation on a regular basis as commodity prices remain volatile.
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Pidilite Industries Share Price Performance
As of May 11, 2026, 10:27 am, Pidilite Industries share price was trading at ₹1,447.90, down 1.90% from the previous closing price.
Conclusion
With commodity prices remaining volatile, Pidilite said it will take calibrated pricing actions while tracking demand trends across urban and rural markets.
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Published on: May 11, 2026, 10:55 AM IST

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