
Pidilite Industries Ltd
Past performance
About Pidilite Industries Ltd Pidilite Industries Limited, founded in 1969, is a prominent player in the consumer and specialty chemicals sector, operating primarily in two segments: Branded Consumer & Bazaar and Business to Business. The Branded Consumer & Bazaar segment includes widely recognized products such as adhesives, sealants, and construction chemicals, catering to diverse users like carpenters and households. Its Business to Business segment offers industrial adhesives and resins, serving industries like packaging and textiles.
Pidilite has a rich history of strategic acquisitions and expansions, enhancing its product portfolio and geographic reach. Notable acquisitions include brands like 'Ranipal,' 'M-Seal,' and 'Steelgrip.' The company has also formed significant joint ventures and subsidiaries worldwide, such as Pidilite International Pte Ltd in Singapore and Pidilite Chemical PLC in Ethiopia. Pidilite's premier brand, Fevicol, is highly recognized, and the company continues to invest in R&D and strategic partnerships, such as its collaboration with Jowat SE. The company has also been proactive in mergers to streamline operations, as seen with its acquisitions and subsequent mergers of Huntsman Advanced Materials Solutions and Cipy Polyurethanes.
Performance overview
