Pidilite Industries

Indian multinational adhesives manufacturing company From Wikipedia, the free encyclopedia

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]

Company typePublic
IndustryChemicals
Founded1959
Quick facts Company type, Traded as ...
Pidilite Industries Limited
Company typePublic
IndustryChemicals
Founded1959
FounderBalvant Parekh
Headquarters,
India
Key people
ProductsAdhesives, Construction Chemicals
RevenueIncrease 13,094 crore (US$1.5 billion) (2025)
Increase 3,013 crore (US$360 million) (2025)
Increase 2,096 crore (US$250 million) (2025)
OwnerMadhukar Parekh and family (70%)[1]
Number of employees
6,064 (2020)[2]
Websitewww.pidilite.com
Footnotes / references
Financials as of 31 March 2025.[3]
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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).

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 (US$15.59 million).[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 (US$14.04 million).[13]

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.[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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