Pidilite Industries Q4 2023 preview: Here is what to expect from the Fevicol maker

Pidilite Industries Q4 results 2023 preview: Pidilite Industries is likely to report a strong set of numbers for the quarter ending March 31, 2023, given that domestic volumes are expected to grow by 11 per cent year-on-year (YoY). The Fevicol maker is likely to report a 9 per cent year-on-year (YoY) increase in its consolidated revenue to Rs 2,728 crore against Rs 2,507 crore logged in Q4FY2023, according to Zee Business Research.

The Mumbai-based company's earnings before interest, taxes, depreciation, and amortisation (EBITDA) are expected to grow by 26 per cent to Rs 505 crore from Rs 401 crore registered in the year-ago period. EBITDA margins are likely to improve on a quarter-on-quarter (QOQ) and YoY basis. The company is likely to report a 25 per cent increase in Profit after tax (PAT) to Rs 317 crore from Rs 254 crore a year ago. The company's margins are expected to grow to 19 per cent from 16 per cent. Gross margins are expected to improve from last quarter. No price hikes are expected by the company.

Pidilite Industries Q4 results 2023 date: The company will release its Q4 earnings today, May 8.

About Pidilite

Pidilite is an Indian adhesives manufacturing company. The company has a market capitalisation of 1.26 lakh crore. The Fevicol maker's stock price has gained 12 per cent in the last year, a time period in which the headline index Nifty 50 rallied 11 per cent.