Pidilite

Pidilite manufactures and provides adhesives and industrial chemicals. Read more

Bharat Puri's photo - Managing Director of Pidilite

Managing Director

Bharat Puri

CEO Approval Rating

95/100

Founded:

1959

Status:

PublicIndependent CompanyNational Stock Exchange of IndiaPIDILITIND

PIDILITE TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

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Asian Paints Limited has been one of Pidilite's top competitors. Asian Paints Limited was founded in 1942, and is headquartered in Mumbai, Maharashtra. Asian Paints Limited competes in the Specialty Chemicals industry. Asian Paints Limited generates $1.3B more revenue vs. Pidilite.

Berger Paints is a top competitor of Pidilite. Berger Paints is a Public company that was founded in Kolkata, West Bengal in 1923. Like Pidilite, Berger Paints also competes in the Specialty Chemicals industry. Berger Paints has 795 more employees vs. Pidilite.

Jubilant Industries is perceived as one of Pidilite's biggest rivals. Jubilant Industries was founded in 2007, and its headquarters is in Noida, Uttar Pradesh. Jubilant Industries competes in the Agricultural Products field. Jubilant Industries has 6,059 fewer employees than Pidilite.

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Pidilite Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$1B

Pidilite's revenue is the ranked 2nd among it's top 10 competitors. The top 10 competitors average 613.1M. Over the last four quarters, Pidilite's revenue has grown by 286.4%. Specifically, in Q1 2021's revenue was $406.1M; in Q4 2020, it was $269.7M; in Q3 2020, it was $223.9M; in Q2 2020, Pidilite's revenue was $105.1M.

Pidilite Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION

-

Huntsman Advanced Materials Solutions Private Limited

Oct 2020

Source »
$283.8M
-

-

Tenax India Stone Products Pvt. Ltd

Feb 2020

Source »
$11.1M
-
Cipy Polyurethanes Pvt. Ltd.

Jan 2018

Source »
$15.2M
CIPY is a manufacturer and provider of floor coatings using polyurethanes, epoxies, polyurea and polyaspartic polymers.

-

Nebula East Africa Private Ltd

Jun 2016

Source »
undisclosed
-

These are all the companies that Pidilite has acquired. Pidilite has acquired 4 companies and its latest acquisition was Huntsman Advanced Materials Solutions Private Limited in Oct 2020.

Pidilite Funding History

No recent funding data found related to Pidilite

Pidilite Investments

COMPANY

DESCRIPTION

AMOUNT

INVESTMENT DATE

ROUND

EXIT DATE

Livspace is a home interior design platform that allows users to buy customized wardrobes, modular kitchens and other interiors.
$90M
Sep 02, 2020
Series D
-
Pepperfry is an E-commerce marketplace that allows users to shop for furniture and home decor products.
$40M
Feb 09, 2020
Series F
-
HomeLane is a home interior design platform that allows property owners to buy customized wardrobes, crockery units and study tables.
$30M
Dec 22, 2019
Series D
-

These are all the companies that Pidilite has invested in. Pidilite has invested 4 companies and its latest investment was Huntsman Advanced Materials Solutions Private Limited in Oct 2020.

Pidilite News

April 23, 2021India Infoline

Pidilite Industries increases stake in Cipy Poly Urethanes to 100%

Consequent to this acquisition amounting to Rs60.49cr, CIPY is now a wholly-owned subsidiary of the c... See more »
April 14, 2021Moneycontrol

Sharekhan

Net Sales are expected to increase by 31.5 percent Y-o-Y (down 11.6 percent Q-o-Q) to Rs 2,032 crore,... See more »
April 10, 2021Moneycontrol

ICICI Direct

Net Sales are expected to increase by 21.4 percent Y-o-Y (down 18.4 percent Q-o-Q) to Rs 1,875.6 cror... See more »
January 29, 2021Chemical Week

India's Pidilite Industries records higher net profit

EBITDA grew sixfold in the Americas region to Rs103 million.... See more »
January 29, 2021State of Affairs

Pidilite Industries Reports Consolidated Net Sales Growth of 20 Percent Over the Same Quarter Last Year, and EBITDA Growth of 38 Percent for Quarter Ended 31st December 2020

Pidilite Industries Limited, India's leading manufacturer of adhesives, sealants and construction che... See more »
January 21, 2021Techstory

Fireside Ventures closes start-up Fund II at $118 million

Fireside Ventures is a Bengaluru-based investment company that specialises in seed investments and ea... See more »
January 18, 2021Moneycontrol

ICICI Direct

Net Sales are expected to increase by 9.3 percent Y-o-Y (up 11.9 percent Q-o-Q) to Rs. 2,104.9 crore,... See more »

Pidilite Press Releases

May 25, 2018Business Wire India

Pidilite Industries Reports Consolidated Comparable Net Sales Growth of 20 Percent; Domestic Volume Growth at 13 Percent

Business Wire IndiaPidilite Industries Limited, India's leading manufacturer of adhesives, sealants a... See more »
January 25, 2018Business Wire India

Pidilite Industries Reports Standalone Comparable Sales Growth of 20.2 percent and EBITDA Growth of 28.9 percent

Business Wire IndiaPidilite Industries Limited, India's leading manufacturer of adhesives, sealants a... See more »
October 3, 2016Business Wire India

Roff Opens 20 Experience Centres in Kerala

Business Wire IndiaRoff from the house of Pidilite, the industry leader in construction chemicals, ha... See more »
September 12, 2016PR Newswire

Flexcrete Technology, Sika, Euclid Chemical Company

DUBLIN, September 12, 2016 /PRNewswire/ -- Research and Markets has announced the addition of the "Co... See more »
September 9, 2016Business Wire

Adhesive Technology Corp, BASF, Mapei - Research and Markets

DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Concrete Repair Mort... See more »
July 19, 2016NewsMaker

Bituminous Industry Global Sales, Ex-factory Price, Revenue, Gross Margin Analysis 2021

ACCESS REPORT @ Recent research explores the Bituminous Industry...... See more »
June 16, 2016BizPR

Global Roofing Chemicals Market Growth Trends, Key Players, Competitive Strategies and Forecasts 2015 - 2021 - Acute Market Reports

The roofing chemicals are widely used in the roofing of industrial, residential, commercial, and infr... See more »

Pidilite Videos

Social Media

Pidilite Headquarters

Ramkrishna Mandir Road Andheri - E

Mumbai, Maharashtra400059

91-22-2835-7000

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Pidilite Summary

ABOUT

Overview

Pidilite manufactures and provides adhesives and industrial chemicals. Pidilite was founded in 1959. Pidilite's headquarters is located in Mumbai, Maharashtra, IN 400059. Pidilite's Managing Director, Bharat Puri, currently has an approval rating of ...

CEO

Pidilite's Managing Director, Bharat Puri, currently has an approval rating of 95%. Pidilite's primary competitors are Asian Paints Limited, Berger Paints & Jubilant Industries.

Frequently Asked Questions about Pidilite

  1. When was Pidilite founded?

    Pidilite was founded in 1959
  2. Who is Pidilite's CEO?

    Pidilite's CEO is Bharat Puri
  3. How much revenue does Pidilite generate?

    Pidilite generates $1B in revenue
  4. How much funding does Pidilite have?

    Pidilite has historically raised $0 in funding
  5. Where is Pidilite's headquarters?

    Pidilite's headquarters is in Mumbai Maharashtra, IN
  1. How many employees does Pidilite have?

    Pidilite has 6,064 employees
  2. What sector does Pidilite operate in?

    Pidilite is in Specialty Chemicals
  3. Who are Pidilite's competitors?

    Pidilite's top competitors are Asian Paints Limited, Berger Paints, Jubilant Industries
  4. Who has Pidilite invested in?

    Pidilite's has invested in companies such as Livspace, Pepperfry, HomeLane