About Pidilite Industries Limited

Pidilite Industries Limited, incorporated in 1969, is a leading manufacturer of consumer and speciality chemicals. Headquartered in Mumbai, the company has built a strong portfolio spanning adhesives, sealants, construction chemicals, art materials, and industrial resins. Its flagship brand Fevicol has become synonymous with adhesives in India. Over the decades, Pidilite has expanded both domestically and internationally, establishing operations across regions such as the Middle East, Bangladesh, Sri Lanka, Thailand, Egypt, and the USA.

Pidilite has a wide network of subsidiaries and joint ventures, which enhance its reach in construction solutions, DIY products, and speciality chemicals. Subsidiaries include ICA Pidilite Pvt Ltd, Pidilite Lanka (Pvt) Ltd, Pidilite East Africa Ltd, Tenax Pidilite India Pvt Ltd, and Pidilite Grupo Puma Manufacturing Ltd, among others.

Over time, the company has strengthened its innovation capability through centres such as Pidilite Innovation Centre Pte Ltd in Singapore, reflecting its focus on research and technology.

A milestone in FY 2024-25 was the celebration of the centenary birth anniversary of founder Shri B. K. Parekh, commemorating his legacy of innovation, entrepreneurship, and social responsibility.

Pidilite’s Business Segments

Pidilite operates under two primary business segments:

Branded Consumer & Bazaar (C&B)

This segment includes adhesives, sealants, art & craft materials, construction and paint chemicals. Products are widely used by carpenters, painters, plumbers, mechanics, households, students, and offices.

• Contribution in FY 2024-25: 81.2% of total sales

• Category-wise within C&B:
  • Adhesives & Sealants: 53.2%

  • Construction & Paint Chemicals: 22.2%

  • Art & Craft Materials: 5.8%

Business to Business (B2B)

This segment covers industrial adhesives, industrial resins, construction chemicals (projects), organic pigments and preparations. It caters to industries such as packaging, textiles, paints, printing inks, paper, footwear, joinery, and leather.

• Contribution in FY 2024-25: 18.4% of total sales
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• Category-wise within B2B:
  • Industrial Adhesives: 9.2%

  • Industrial Resins & Construction Chemicals (Projects): 5.1%

  • Pigments & Preparations: 4.1%

Others

• 0.4% of sales — mainly raw materials

Pidilite Industries Limited Key Management

The leadership team comprises:

• Shri M. B. Parekh – Executive Chairman

• Shri Bharat Puri – Non-Executive Non-Independent Director (from 10th April 2025; earlier Managing Director)

• Shri Sudhanshu Vats – Managing Director (from 10th April 2025)

• Shri Kavinder Singh – Joint Managing Director (from 10th April 2025)

• Shri A. B. Parekh – Non-Executive Vice Chairman (from 1st April 2024)

• Shri A. N. Parekh – Executive Vice Chairman

• Shri Joseph Varghese – Director – Operations

• Shri Sandeep Batra – Executive Director Finance & Chief Financial Officer

Latest Updates

FY 2024-25 saw several important developments:

• Leadership changes: Shri Bharat Puri transitioned from Managing Director to Non-Executive Non-Independent Director. Shri Sudhanshu Vats and Shri Kavinder Singh assumed roles as Managing Director and Joint Managing Director respectively.

• Re-appointments: Shri A. N. Parekh was re-appointed as Executive Vice Chairman for five years from July 2025, and Shri Rajeev Vasudeva was re-appointed as Independent Director for a second five-year term from September 2025.

• New appointments: Shri Swaminathan K was appointed as Director – Operations, responsible for all factories and manufacturing sites.

• Strategic focus: The company prioritised demand generation, profitable volume growth, and strengthening of domestic subsidiaries. It also continued its Happy and Healthy (HAH) initiatives, engaging employees and families through creative activities and wellness programmes.