Pidilite Industries

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 Industries Limited

Company type	Public
Traded as	BSE: 500331 NSE: PIDILITIND
Industry	Chemicals
Founded	1959
Founder	Balvant Parekh
Headquarters	Andheri, Mumbai , India
Key people	Madhukar Parekh (Chairman) Bharat Puri (MD)
Products	Adhesives, Construction Chemicals
Revenue	₹13,094 crore (US$1.5 billion) (2025)
Operating income	₹3,013 crore (US$360 million) (2025)
Net income	₹2,096 crore (US$250 million) (2025)
Owner	Madhukar Parekh and family (70%)[1]
Number of employees	6,064 (2020)[2]
Website	www.pidilite.com
Footnotes / references Financials as of 31 March 2025[update].[3]

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).

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]