Pidilite Industries Recommends ₹11.50 Dividend; Approves FY26 Audited Results
Pidilite Industries approved audited standalone and consolidated financial results for FY26, with revenue from operations at ₹13,487.59 crore. The Board recommended a dividend of ₹11.50 per share, subject to shareholder approval. The standalone net profit for the year was ₹2,384.30 crore, resulting in a basic EPS of ₹23.43.
The announcement includes the final audited results and a dividend recommendation, which are material information for investors, but does not contain any major strategic shifts or unexpected financial outcomes.
The company announced positive financial results and recommended a dividend, which is generally viewed favorably by investors.
Pidilite Industries Limited announced the outcome of its Board Meeting held on May 7, 2026. The Board approved the audited financial results for the fiscal year ended March 31, 2026, both on a standalone and consolidated basis. The company's revenue from operations for the year stood at ₹13,487.59 crore. The Board has recommended a dividend of ₹11.50 per equity share of Re.1 each for the financial year ended March 31, 2026. This dividend is subject to shareholder approval at the 57th Annual General Meeting and will be paid within 30 days of the AGM. The auditors, M/s. B S R & Co. LLP, issued an unmodified opinion on the financial results.
The standalone net profit for the year ended March 31, 2026, was ₹2,384.30 crore, with earnings per share (EPS) at ₹23.43 (basic). The Consumer & Bazaar segment generated revenue of ₹10,836.94 crore, while the Business to Business segment contributed ₹2,800.39 crore. The company also noted an impairment loss of ₹7.55 crore on a loan to an associate and investment in a subsidiary during the year.
Previously, on September 24, 2025, the company had allotted 50,88,57,016 bonus equity shares in a 1:1 ratio. An interim dividend of ₹10 per share was also paid on August 13, 2025. The Board meeting commenced at 2:30 p.m. and concluded at 7:30 p.m. on May 7, 2026.
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Pidilite Industries Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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