Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai.[4] The company is the dominant and leading adhesives company in India.[5] 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.[6]
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.[7]
In 2015, Pidilite acquired a 70% majority stake in Nina Waterproofing Systems for ₹100 crore (US$15.59 million).[11]
In 2018, Pidilite acquired a 70% stake in CIPY Polyurethanes for ₹96 crore (US$14.04 million).[12]
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.[13]
Referencesedit
^ abc"Pidilite Industries Q4 results: Net profit rises 11% to Rs 283 crore, misses estimates". CNBC TV18. 8 May 2023. Retrieved 28 May 2023.
^"Madhukar Parekh & family". Forbes. Retrieved 4 October 2018.
pidilite, industries, limited, indian, adhesives, manufacturing, company, based, andheri, east, mumbai, company, dominant, leading, adhesives, company, india, pidilite, also, manufactures, products, across, verticals, such, materials, stationery, food, fabric,. Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri East Mumbai 4 The company is the dominant and leading adhesives company in India 5 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 6 Pidilite Industries LimitedCompany typePublicTraded asBSE 500331NSE PIDILITINDIndustryChemicalsFounded1959FounderBalvant ParekhHeadquartersAndheri Mumbai IndiaKey peopleMadhukar Parekh Chairman Bharat Puri MD ProductsAdhesives Construction ChemicalsRevenue 11 752 crore US 1 5 billion FY23 1 Operating income 1 723 crore US 220 million FY23 1 Net income 1 282 crore US 160 million FY23 1 OwnerMadhukar Parekh and family 70 2 Number of employees6 064 2020 3 Websitewww wbr pidilite wbr com 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 7 The company has manufacturing facilities across India including in Mahad Maharashtra Vapi Gujarat Baddi and Kala Amb both in Himachal Pradesh In 2022 Pidilite Industries partnered with 100x VC 8 History editThe company was founded in 1959 9 10 In 2015 Pidilite acquired a 70 majority stake in Nina Waterproofing Systems for 100 crore US 15 59 million 11 In 2018 Pidilite acquired a 70 stake in CIPY Polyurethanes for 96 crore US 14 04 million 12 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 13 References edit a b c Pidilite Industries Q4 results Net profit rises 11 to Rs 283 crore misses estimates CNBC TV18 8 May 2023 Retrieved 28 May 2023 Madhukar Parekh amp family Forbes Retrieved 4 October 2018 Pidilite Industries Ltd Financial Statements moneycontrol com 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 Times Economics 100xvc partners with Pidilite Industries 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 Pidilite to invest up to Rs 100 cr in Nina Waterproofing The Economic Times 30 March 2015 Retrieved 14 February 2023 Pidilite Industries to acquire stake in CIPY Polyurethanes The Times of India 5 January 2018 Retrieved 14 February 2023 Pidilite to acquire Huntsman unit for 2 100 crore The Hindu 29 October 2020 External links editOfficial website nbsp Official website for Industrial Products Pidilite Industries on Twitter nbsp nbsp This article about an Indian company is a stub You can help Wikipedia by expanding it vte Retrieved from https en wikipedia org w index php title Pidilite Industries amp oldid 1210955563, wikipedia, wiki, book, books, library,
