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

Written by: Team Angel OneUpdated on: 11 May 2026, 4:25 pm IST
Pidilite is considering further price hikes after a 40-50% rise in raw material costs linked to the West Asia conflict.
Pidilite Industries
ShareShare on 1Share on 2Share on 3Share on 4Share on 5

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. 

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. 

Track the stock market in Hindi. Visit Angel One News for the latest market trends, insights, and share market news in Hindi. 

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. This does not constitute a personal recommendation/investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.   
 
Investments in the securities market are subject to market risks, read all the related documents carefully before investing. 

Published on: May 11, 2026, 10:55 AM IST

Team Angel One

Team Angel One is a group of experienced financial writers that deliver insightful articles on the stock market, IPO, economy, personal finance, commodities and related categories.

Know More

We're Live on WhatsApp! Join our channel for market insights & updates

Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy ₹0 Account Opening Charges

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers