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Pidilite Industries
| Pidilite's logo | |
| Traded as | |
|---|---|
| Industry | Chemicals |
| Founded | 1959 |
| Founder(s) | Balvant Parekh |
| Headquarters | , |
Key people |
|
| Products | Adhesives, Construction Chemicals |
| Revenue |  ₹7,443 crore (US$850 million) (2020)[1] |
| ₹1,500 crore (US$170 million) (2020)[1] | |
| ₹1,119 crore (US$130 million) (2020)[1] | |
| Total assets | ₹6,535 crore (US$750 million) (2020)[1] |
| Total equity | ₹4,393 crore (US$500 million) (2020)[1] |
| Owner | Madhukar Parekh and family (70%)[2] |
Number of employees | 6,064 (2020)[1] |
| Website | www |
Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai.[3] The company is the dominant and leading adhesives company in India.[4] Pidilite also manufactures products across verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals.[5]
Pidilite markets the Fevicol range of adhesives. Its other brands are FeviKwik, Dr. Fixit, Roff, Cyclo, Ranipal, Hobby Ideas, M-seal, and Acron. It also markets and manufactures WD-40 in India.[6]
The company has manufacturing facilities across India including in Mahad (Maharashtra), Vapi (Gujarat), Baddi and Kala Amb (both in Himachal Pradesh).
History[edit]
The company was founded in 1959.[7][8]
In 2020, Pidilite acquired Huntsman Corporation's Indian subsidiary for Rs. 2,100 crore (US$ 283.38 million).[9] This acquisition was done to strengthen their adhesives and sealants portfolio, which will further complement the Pidilite's retail portfolio.[9]
References[edit]
- ↑ 1.0 1.1 1.2 1.3 1.4 1.5 "Pidilite Industries Ltd. Financial Statements". moneycontrol.com.
- ↑ "Madhukar Parekh & family". Forbes. Retrieved 4 October 2018.
- ↑ "Pidilite Website". Retrieved 2 September 2017.
- ↑ Somvanshi, Kiran Kabtta (1 December 2018). "Pidilite: Glued firmly to the growth path". The Economic Times. Retrieved 8 May 2022.
- ↑ "Salil Dalal, COO - Emerging India, Pidilite Industries Ltd". www.bloomberg.com.
- ↑ 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.
- ↑ "About Pidilite Industries company". BusinessWeek. Archived from the original on 3 October 2012. Retrieved 28 September 2010.
- ↑ "Pidilite Industries Ltd". Bloomberg.com. Retrieved 26 October 2021.
- ↑ 9.0 9.1 "Chemical Industry, Chemicals Manufacturers and Exporters in India - IBEF". India Brand Equity Foundation. May 2022. Retrieved 14 June 2022.
External links[edit]
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