Pidilite Industries Limited is a leading manufacturer of adhesives and sealants, construction chemicals, craftsmen products, DIY products, and polymer emulsions in India. The company was incorporated on July 28, 1969, as a consumer and specialties chemical company. The headquarters of Pidilite Industries is in Andheri, Mumbai, Maharashtra.
The brand name Fevicol has become synonymous with adhesives for millions in India and is ranked amongst the most trusted brands in the country. Some of the other major brands include M-Seal, Fevikwik, Fevistik, Roff, Dr. Fixit, Fevicryl, Motomax, Hobby Ideas, and Araldite. Most of the products have been developed through strong in-house R&D.
The company operates under two major business segments: Branded Consumer & Bazaar and Business to Business.
* The Consumer and Bazaar segment covers the sale of products mainly to end consumers, which include retail users such as carpenters, painters, plumbers, mechanics, households, students, and offices, among others.
* The Business to Business segment includes industrial products such as adhesives, synthetic resins, organic pigments, pigment preparations, construction chemicals (projects), and surfactants, among others.
The company earns about 53% of its revenues from adhesives & sealants category, followed by Construction & paint chemicals (20%), industrial resins & construction chemicals (7%), art & craft materials (6%), industrial adhesives (6%), and pigment & preparation (6%).
The company has a market cap of ₹1,56,674 Crore as of June 2025. The company is listed on the Bombay Stock Exchange with the code 500331 and the National Stock Exchange with the code PIDILITIND. Pidilite Industries' 52-week high share price is ₹3,414.40 and 52-week low share price is ₹2,620.15.
For the fiscal year 2024-25:
* Sales rose 6.12% to ₹13,140.31 Crore, as against ₹12,382.99 Crore during the previous year ended March 2024.
* Net profit rose 20.06% to ₹2,076.24 Crore, as against ₹1,729.38 Crore during the previous year ended March 2024.
For Q4 FY25 specifically:
* Net profit of Pidilite Industries rose 40.50% to ₹422.34 Crore, as against ₹300.60 Crore during the previous quarter ended March 2024.
* Sales rose 8.25% to ₹3,141.14 Crore, as against ₹2,901.85 Crore during the previous quarter ended March 2024.
* Net profit margins grew from 10.9% in FY23 to 14.1% in FY24.
* Operating income during the year rose 4.9% on a year-on-year basis, while the company's operating profit increased by 32.2% YoY.
* The debt to equity ratio for FY24 stood at 0.0, consistent with FY23.
* The trailing twelve-month earnings per share (EPS) of the company stands at ₹34.4, an improvement from the EPS of ₹25.3 recorded last year.
The promoter holding in the company is 69.5%. Recently, promoters announced plans to donate 17 lakh shares and sell 7 lakh shares for charity, causing shareholding to drop to 69.03%.
The company has manufacturing facilities across India in areas such as Vapi (Gujarat) and Mahad (Maharashtra), as well as Baddi (Himachal Pradesh).
The company declared a dividend of ₹20 per share for FY24, with detailed TDS and tax exemption processes shared with shareholders. This reflects the company's commitment to returning value to shareholders through consistent dividend payments.
Management expressed cautious optimism for FY26, highlighting growth opportunities in emerging sectors like electronics and construction, while remaining vigilant about geopolitical uncertainties and competitive pressures. The focus on expanding distribution channels in rural markets and enhancing product offerings positions the company well for sustainable growth, as it adapts to evolving consumer demands and market dynamics.
The company continues to maintain its dominant position in the Indian adhesives market while expanding its presence in construction chemicals and other specialty products, backed by strong brand recognition and extensive distribution networks across the country.
