Pidilite Industries Ltd
NSE:PIDILITIND

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Pidilite Industries Ltd Logo
Pidilite Industries Ltd
NSE:PIDILITIND
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Price: 2 914.4 INR -0.7% Market Closed
Market Cap: 1.5T INR
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Pidilite Industries Ltd
Investor Relations

Pidilite Industries Ltd., a name synonymous with adhesives in India, has woven its narrative into the everyday lives of millions, yet its beginnings were grounded in humble ambitions. Founded in 1959 by Balvant Parekh, the company's flagship product, Fevicol, became a catalyst for its emergence as a household brand. Fevicol’s formula was simple yet transformative, catering to the mass carpentry sector and altering the way furniture was assembled. As the Indian middle class burgeoned, so did their desire for durable, reliable products, and Pidilite adeptly captured this burgeoning market. Its portfolio steadily expanded, and soon, products like M-Seal became staples in repair kits across diverse households. The driving force behind Pidilite’s evolution was a keen understanding of local consumer needs coupled with relentless innovation, a strategy that ensured its products remained ubiquitous and unrivaled.

Beyond just being an adhesive manufacturer, Pidilite strategically diversified by tapping into adjacent segments such as construction, décor, and art supplies. This diversification was not just a deviation, but a calculated expansion into synergistic territories. The brand’s focus shifted to bind the builders of India's heritage using Dr. Fixit waterproofing solutions as well as fueling creativity through its Pidilite-branded art materials for schools. Financially, Pidilite thrived by enhancing its distribution channels and investing heavily in brand-building, resulting in a robust network that penetrated even the rural sectors, thereby ensuring its consistent revenue streams. The company’s success story is marked by an entrepreneurial spirit that adheres to its adhesive roots, while its diversified product lines continually enrich its market presence, crafting stability in an otherwise volatile market.

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Management

Mr. Madhukar Balvantray Parekh
Executive Chairman of the Board
No Bio Available
Mr. Bharat Tilakraj Puri
MD, CEO & Executive Director
No Bio Available
Mr. Apurva Narendrakumar Parekh
Executive Vice Chairman
No Bio Available
Mr. Sandeep Batra
Executive Director of Finance, CFO & Director
No Bio Available
Mr. Joseph Varghese
Director of Operations & Director
No Bio Available
Mr. Vivek Sharma
Chief Information & Digital Officer
No Bio Available
Dr. Anil Bendale
Senior Vice President of R&D CC
No Bio Available
Mr. Sudhanshu Vats
Deputy MD & Director
No Bio Available
Mr. Surendra Gupta
Chief Business Officer of Pigments
No Bio Available
Mr. Kavinder Singh
Joint MD & Executive Director
No Bio Available

Contacts

Address
MAHARASHTRA
Mumbai
Ramkrishna Mandir Road, Off Mathuradas Vasanji Road, Andheri (E)
Contacts
+912228357000
www.pidilite.com