Pidilite Industries

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Pidilite Industries Limited
Company type
Public
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Headquarters
Andheri, Mumbai
,
India
Key people
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ProductsAdhesives, Construction Chemicals
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OwnerMadhukar Parekh and family (70%)[1]
Number of employees
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Websitewww.pidilite.com
Footnotes / references
Financials as of 31 March 2025.[2]

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Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai.[4] The company is the leading adhesives manufacturer in India.[5] 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.[6]

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.[7]

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

File:Electronica, Bangalore International Exhibition Centre (2025) 152.jpg
Pidilite and its collab partner CollTech Shenzen, at Electronica 2025, BIEC

History

The company was founded in 1959.[8][9]

In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for ₹100 crore (Template:INRConvert/HistoricalRate/Formatted).[10]

In 2016, Pidilite formed a joint venture with Industria Chimica Adriatica Spa (ICA), an Italian company.[11] The joint venture is named ICA Pidilite.[12]

In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for ₹96 crore (Template:INRConvert/HistoricalRate/Formatted).[13]

In 2020, Pidilite acquired Huntsman Corporation's Indian subsidiary for ₹2,100 crore (Template:INRConvert/HistoricalRate/Formatted) to strengthen their retail adhesives and sealants portfolio.[14]

In 2022, Pidilite Industries partnered with 100x.VC.[15]

In 2023, Pidilite Industries formed two joint ventures: Pidilite Litokol with Litokol, an Italian company, and Tenax Pidilite with Tenax, also an Italian company.[16] As part of the joint venture agreements, both Litokol and Tenax transferred technology to Pidilite.[16] In 2024, ICA Pidilite signed an agreement to license certain ultraviolet technologies from ICA.[12]

References

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  1. ^ Page Module:Citation/CS1/styles.css has no content."Madhukar Parekh & family". Forbes. Retrieved 4 October 2018.
  2. ^ Page Module:Citation/CS1/styles.css has no content."Q4' FY 25 Earnings Presentation" (PDF). Pidilite. Retrieved 14 May 2025.
  3. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite Industries Ltd. Financial Statements". moneycontrol.com.
  4. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite Website". Retrieved 2 September 2017.
  5. ^ Page Module:Citation/CS1/styles.css has no content.Somvanshi, Kiran Kabtta (1 December 2018). "Pidilite: Glued firmly to the growth path". The Economic Times. Retrieved 8 May 2022.
  6. ^ Page Module:Citation/CS1/styles.css has no content."Salil Dalal, COO - Emerging India, Pidilite Industries Ltd". www.bloomberg.com.
  7. ^ Page Module:Citation/CS1/styles.css has no content.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.
  8. ^ Page Module:Citation/CS1/styles.css has no content."About Pidilite Industries company". BusinessWeek. Archived from the original on 3 October 2012. Retrieved 28 September 2010.
  9. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite Industries Ltd". Bloomberg.com. Retrieved 26 October 2021.
  10. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite to invest up to Rs 100 cr in Nina Waterproofing". The Economic Times. 30 March 2015. Retrieved 14 February 2023.
  11. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite forms JV with Italy's ICA". The Times of India. 27 April 2016. ISSN 0971-8257. Retrieved 10 May 2025.
  12. ^ a b Page Module:Citation/CS1/styles.css has no content.Pullokaran, Jomy Jos (14 June 2024). "Pidilite Industries JV inks UV technology licensing pact with Italian partner". CNBC TV18. Retrieved 11 May 2025.
  13. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite Industries to acquire stake in CIPY Polyurethanes". The Times of India. 5 January 2018. Retrieved 14 February 2023.
  14. ^ Page Module:Citation/CS1/styles.css has no content."Pidilite to acquire Huntsman unit for ₹2,100 crore". The Hindu. 29 October 2020.
  15. ^ Page Module:Citation/CS1/styles.css has no content.Times, Economics. "100xvc partners with Pidilite Industries".
  16. ^ a b Page Module:Citation/CS1/styles.css has no content."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.

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