Pidilite Industries Ltd
NSE: PIDILITIND BSE: 500331
₹1487.70
+6.50 (0.44%)
Wed, 28 Oct 2026, 09:58 pm
Market Cap (in Cr)154206.98
PE Ratio57.29
Dividend0.76
Process Industries
Industrial Specialties
24.5KPidilite Industries Ltd Company History
1969
- Incorporated as Parekh Dychem Industries Pvt. Ltd. on Jul 28, acquiring partnership firm established 1961.
- Promoted by Balvantray Kalyanji Parekh and brothers.
- Brands include Fevicol, Fevibond, Fevigum, Pidifix, Pidivyl, Pidicryl, Acrolise.
- Undertook 3000 TPA synthetic resin project at Mahad and construction chemicals project at Taloja.
1984
- Amalgamated Kondivita Pvt. Ltd. effective Jul 1; allotted preference and equity shares.
- Promoters allotted 54,000 4% pref shares.
- Historical: 26,000 original equity shares; 26,000 rights shares (1:1, 1980); 52,000 bonus shares (1:1, 1981).
1985
- Redeemed I & II 4% Pref shares.
- Upgraded 12% redeemable shares to 15%.
- Allotted 19,500 equity and 41,000 15% pref shares for Kondivita amalgamation.
- Allotted 54,000 15% pref shares to promoters.
1986
- Name changed to PDI Chemicals Private Limited on Jul 1.
1988
- Name changed to PDI Chemicals Limited on Oct 28.
1989
- Amalgamated Pidilite Industries Ltd. effective Apr 1; allotted 193,500 equity and 72,000 15% pref shares.
1990
- Name changed to Pidilite Industries Ltd. on Feb 21.
1992
- Amalgamated Triveni Chemicals Ltd. effective Apr 1; allotted 90,588 equity and 40,000 15% pref shares.
1993
- Issued 1,536,378 shares at Rs 100 premium in Oct; 135,000 preferential to Viny Chemicals India Ltd.; balance to public.
- Allotted 3,849,034 shares to promoters in 72:10 ratio on Jan 29.
1994
- Commissioned SBR Latices, AZO Pigments, and Carbazole Dioxine Violet Pigments projects.
- Amalgamated Apuraj Chemicals Ltd., allotted 66,000 equity shares.
- Subsidiaries include Vapkon Finance & Industries Ltd., Fevicil Adhesives & Chemicals Ltd., Pidifin Finance and Investment Ltd.
1995
- Commissioned Taloja expansion project, 2400 TPA construction chemicals.
- Extended technical collaboration with Schomburg & Co., Germany till Sep 8.
1996
- Commissioned first phase synthetic resins plant at Mahad, 7800 TPA.
- Introduced new products in collaboration with Crown Berger Ltd., UK.
- Issued 1:1 bonus shares, 61,17,200 shares; 3,800 in abeyance.
1997
- Allotted 600 bonus shares from suspense account.
- Set up three 230 KW windmills at Pransla, Gujarat.
- Scouted buyers for chemicals and resins business.
1998
- Approved amalgamation of PGP Engineering Works Ltd. and Pidilite Finance Ltd. effective Apr 1, 1999.
- Approved amalgamation of Nebula Chemicals Ltd.
- Allotted 2,800 abeyance bonus shares.
1999
- Re-engineered into brand-oriented company, hiving off manufacturing facilities to JV.
2000
- Acquired M-Seal and Mr. Fixit adhesives and sealants business from Mahindra Engineering & Chemical Products Ltd.
2001
- Q2 net profit Rs 12.76cr, down 5.76% YoY.
2002
- Received Income Tax notice for Rs 16cr additional liability.
- Acquired Steel Grip insulation tape brand from Bhor Industries for Rs 8cr.
- Expanded into fabric care, car care, and stationery segments.
2003
- Tied up with Chota Jadugar for AcronRangeela Colours.
- Unveiled new liquid pipe sealant.
- Unveiled Fevicol Marine.
2005
- Entered snack market with Chikkers.
- Acquired Dubai-based UCC manufacturer of Probuild.
- Split share face value from Rs 10 to Re 1.
2006
- Amit Roy resigned as Director and Whole Time Director effective Dec 31.
- Appointed V S Vasan as Additional and Whole Time Director effective Dec 2.
2007
- Appointed Mandar M. Tambe as Company Secretary and Compliance Officer.
2008
- Appointed Bharat Puri as Additional Director.
2009
- Appointed Debu Bhattacharya as Additional Director.
2010
- Issued 1:1 bonus shares.
- Appointed Savithri Parekh as Company Secretary and Compliance Officer.
2011
- Allotted shares under Foreign Currency Convertible Bonds.
- Appointed Sanjeev Aga as Additional Director.
2012
- Entered JV agreement with Hybrid Coatings for construction chemicals.
- Changed Registrar & Share Transfer Agent to TSR Darashaw Private Limited.
2013
- Incorporated subsidiary Percept Waterproofing Services Ltd.
2014
- Acquired adhesive business of Blue Coat Private Ltd.
- Incorporated PIDILITE CHEMICAL PLC in Ethiopia with Pidilite International Pte Ltd.
2015
- Incorporated WOOD COAT PRIVATE LIMITED with Fevicol Company Limited.
2016
- ‘The Fevicol Room’ won Silver at Abby Awards.
- Received ‘Most Promising Company of the Year’ at CNBC-TV18 IBLA.
2018
- Entered partnership with Jowat SE.
2019
- Incorporated subsidiary Pidilite C-Techos Private Limited with Chetana Expotential Technologies Pvt. Ltd.
2021
- Approved scheme of amalgamation of Cipy Polyurethanes Private Limited.
2022
- NCLT approved amalgamation of Cipy Polyurethanes Private Limited.
- Released new TV commercial for Roff adhesive brand.
2023
- Unveiled quirky digital campaign showcasing Fevicol Glue Drops instant bonding strength.
