Pidilite Industries

Pidilite Industries Limited
TypePublic
BSE: 500331
NSE: PIDILITIND
ISININE318A01026
IndustryChemical industry
Founded1969; 57 years ago (1969) in Jacob Circle, Mumbai
FounderBalvantray Kalyanji Parekh
HeadquartersAndheri, Mumbai,
India
Area served
Worldwide
Key people
  • Madhukar Parekh (Chairman)
  • Apurva N. Parekh (Vice Chairman)
  • Sudhanshu Vats (Managing Director)
  • Kavinder Singh (Joint Managing Director)
ProductsAdhesives, sealants, construction chemicals, waterproofing chemicals, paint chemicals, pigments, arts and crafts materials, industrial chemicals
BrandsFevicol, Fevikwik, M-Seal, Dr. Fixit, Fevicryl, Fevistik, Roff
RevenueIncrease ₹14,867.01 crore (US$1.5 billion) (2026)
Increase ₹3,354.30 crore (US$350 million) (2026)
Increase ₹3,336.25 crore (US$350 million) (2026)
Number of employees
8,835 (2026)
Subsidiaries
Selected subsidiaries
  • Fevicol Company Ltd.
  • Pidilite Ventures Pvt. Ltd.
  • ICA Pidilite Pvt. Ltd.
  • Pidilite Litokol Pvt. Ltd.
  • Tenax Pidilite India Pvt. Ltd.
  • Pidilite MEA Chemicals LLC
  • Pidilite International Pte. Ltd.
  • Pidilite Speciality Chemicals Bangladesh Pvt. Ltd.
Websitewww.pidilite.com
Footnotes
Financial figures as of 31 March 2026.

Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai. The company is the leading adhesives manufacturer in India. Pidilite also manufactures products in verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals.

Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, FeviGum, Fevicryl, Dr. Fixit, D-klog, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal, and Acron. Pidilite has launched Dr.Fixit Heatshield, a heat-reducing exterior coating that is developed by R&D team in India & Singapore.

The company has manufacturing facilities across India including in Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (both in Himachal Pradesh).

Pidilite and its collab partner CollTech Shenzen, at Electronica 2025, BIEC

History

The company was founded in 1959.

In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for ₹100 crore (US$15.59 million).

In 2016, Pidilite formed a joint venture with Industria Chimica Adriatica Spa (ICA), an Italian company. The joint venture is named ICA Pidilite.

In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for ₹96 crore (US$14.04 million).

In 2020, Pidilite acquired Huntsman Corporation's Indian subsidiary for ₹2,100 crore (US$283.4 million) to strengthen their retail adhesives and sealants portfolio.

In 2022, Pidilite Industries partnered with 100x.VC.

In 2023, Pidilite Industries formed two joint ventures: Pidilite Litokol with Litokol, an Italian company, and Tenax Pidilite with Tenax, also an Italian company. As part of the joint venture agreements, both Litokol and Tenax transferred technology to Pidilite. In 2024, ICA Pidilite signed an agreement to license certain ultraviolet technologies from ICA.

References

  1. 1 2 3 "Pidilite Industries Profit and Loss Reports" (PDF). Retrieved 28 October 2026.
  2. ↑ "Pidilite Website". Retrieved 2 September 2017.
  3. ↑ Somvanshi, Kiran Kabtta (1 December 2018). "Pidilite: Glued firmly to the growth path". The Economic Times. Retrieved 8 May 2022.
  4. ↑ "Salil Dalal, COO - Emerging India, Pidilite Industries Ltd". www.bloomberg.com.
  5. ↑ Kunal Kumar. "Pidilite launches first of its kind Heat Reducing Exterior Coating". Indiaprwire.com. Archived from the original on 15 April 2010. Retrieved 16 July 2010.
  6. ↑ "About Pidilite Industries company". BusinessWeek. Archived from the original on 3 October 2012. Retrieved 28 September 2010.
  7. ↑ "Pidilite Industries Ltd". Bloomberg.com. Retrieved 26 October 2021.
  8. ↑ "Pidilite to invest up to Rs 100 cr in Nina Waterproofing". The Economic Times. 30 March 2015. Retrieved 14 February 2023.
  9. ↑ "Pidilite forms JV with Italy's ICA". The Times of India. 27 April 2016. ISSN 0971-8257. Retrieved 10 May 2025.
  10. 1 2 Pullokaran, Jomy Jos (14 June 2024). "Pidilite Industries JV inks UV technology licensing pact with Italian partner". CNBC TV18. Retrieved 11 May 2025.
  11. ↑ "Pidilite Industries to acquire stake in CIPY Polyurethanes". The Times of India. 5 January 2018. Retrieved 14 February 2023.
  12. ↑ "Pidilite to acquire Huntsman unit for ₹2,100 crore". The Hindu. 29 October 2020.
  13. ↑ Times, Economics. "100xvc partners with Pidilite Industries".
  14. 1 2 "Pidilite Industries gains on launch of 2 new JV units with Italian firms". Moneycontrol. 21 June 2023. Archived from the original on 25 June 2023. Retrieved 10 May 2025.