How were the quarterly numbers of Pidilite Industries for fourth quarter ended Mar-22?

For the March 2022 quarter, Pidilite Industries, the makers of Fevicol, saw 12.2% growth in sales at Rs2,507 crore. FY22 full year revenues were up 36% at Rs9,921 crore. For Q4FY22, Pidilite Industries recorded growth of 10.6% in its retail based consumer bazaar business and a 20.6% growth at Rs645 crore on its B2B institutional business vertical. Like in most cases, the net cash from operations for FY22 fell -31% to Rs955 crore on spike in inventories and trade receivables. This is indicating of supply chain constraints in the quarter.

Let me now turn to the profit performance of Pidilite. Net profits were down -16.9% at Rs254 crore, largely on account of a 30% spike in raw material costs during the quarter. In terms of verticals, the EBIT of the consumer bazaar vertical and the B2B institutional vertical fell sharply. Net margins were 10.15% in Q4FY22 quarter compared to 13.70% in Q4FY21 and 12.58% in Q3FY22. A final dividend of Rs.10 per share for year has been recommended.