Pidilite Industries Limited

Manufacturer of adhesives, sealants, waterproofing solutions, construction chemicals, and consumer products.

1969 | Mumbai, Maharashtra (India) | Active
Last Updated: July 18, 2024

Pidilite Industries Profile

Key Indicators

  • Authorised Capital ₹ 99.00 Cr
  • Paid Up Capital ₹ 50.86 Cr
  • Company Age 55 Year, 6 Months
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 182.01 Cr
  • Satisfied Charges ₹ 552.46 Cr
  • Revenue Growth 24.38%
  • Profit Growth -0.90%
  • Ebitda 16.05%
  • Net Worth 10.77%
  • Total Assets 14.91%

About Pidilite Industries

Pidilite Industries Limited (PIL) was founded in India on 28 July 1969 and has a glorious history of 55 years and six months. Its registered office is in Mumbai, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500331 and on the National Stock Exchange(NSE) under PIDILITIND.

The Corporate was formerly known as Parekh Dye Chem Industries Private Limited. The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 99.00 Cr and a paid-up capital of Rs 50.86 Cr.

The company currently has active open charges totaling ₹182.01 Cr. The company has closed loans amounting to ₹552.46 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Pidilite Industries Limited India are Mr Batra as CFO and Manisha Shetty as Company Secretary. Meher Pudumjee, Sanjeev Aga, Ajay Parekh, and Eleven other members serve as directors at the Company.

Company Details

  • Location

    Mumbai, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24100MH1969PLC014336

  • Company No.

    014336

  • Stock Symbol

    BSE : 500331 NSE : PIDILITIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    28 Jul 1969

  • Date of AGM

    10 Aug 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Chemicals and Materials

What products or services does Pidilite Industries Limited offer?

Pidilite Industries Limited offers a wide range of products and services, including Dyes & Color Additives, Dye Additives, Adhesives, Glue and Sealants, Adhesive Gum, Conductive Adhesive, Cyanoacrylate Adhesive, Silicone Sealant, Fabric Glue, Hot Melt Adhesives, Repairing Adhesives.

Who are the key members and board of directors at Pidilite Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Mr Batra Country flag representing In CFO01-Jun-2022Current
Bharat Puri Country flag representing In Managing Director28-May-2008Current
Manisha Shetty Country flag representing In Company Secretary10-Nov-2021Current

Board Members (13)

NameDesignationAppointment DateStatus
Sandeep Batra Country flag representing In Whole-Time Director and Cfo 09-Nov-2022Current
Apurva Parekh Country flag representing In Whole-Time Director 01-Jul-2005Current
Meher Pudumjee Country flag representing In Director 18-May-2022Current
Sanjeev Aga Country flag representing In Director 29-Jul-2011Current
Ajay Parekh Country flag representing In Director 26-Jun-1985Current
Piyush Pandey Country flag representing In Director 11-Apr-2018Current

Financial Performance of Pidilite Industries.

Pidilite Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 24.38% increase. The company also saw a slight decrease in profitability, with a 0.9% decrease in profit. The company's net worth Soared by an impressive increase of 10.77%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
24.38%
Revenue from Operations
27.06%
Total Assets
14.91%
Profit or Loss
-0.90%
Net Worth
10.77%
EBITDA
16.05%

What is the Ownership and Shareholding Structure of Pidilite Industries?

In 2023, Pidilite Industries had a promoter holding of 69.94% and a public holding of 30.06%. The company had 11 Subsidiaries and 6 Associate Companies. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹182.01 Cr

Satisfied Charges

₹552.46 Cr

Charges Breakdown by Lending Institutions

  • Indian Overseas Bank : 176.99 Cr
  • Industrial Development Bank Of India : 5.00 Cr
  • The Maharashtra State Financial Corporation : 0.02 Cr

Latest Charge Details

DateLenderAmountStatus
05 Mar 2003Indian Overseas Bank₹176.99 CrOpen
05 Dec 1995Industrial Development Bank Of India₹5.00 CrOpen
05 Sep 1984The Maharashtra State Financial Corporation₹0.15 MOpen
28 Dec 2020Standard Chartered Bank₹39.00 CrSatisfied
24 Feb 2009Idbi Trusteeship Services Limited₹75.00 CrSatisfied

How Many Employees Work at Pidilite Industries?

Pidilite Industries has a workforce of 7712 employees as of Jul 03, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Pidilite Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Pidilite Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Pidilite Industries

Recent activity within the organization

  • Director Appointment

    Murali Sivaraman was appointed as a Director was appointed as a Director on 20 Feb 2024 & has been associated with this company since 11 months 11 days .

    20 Feb 2024

  • Annual General Meeting

    Pidilite Industries Limited last Annual general meeting of members was held on 10 Aug 2023 as per latest MCA records.

    10 Aug 2023

  • Balance Sheet

    Pidilite Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Mumbai.

    31 Mar 2023

  • Charges

    A charge registered on 28 Dec 2020 via Charge ID 100407053 with Standard Chartered Bank was fully satisfied on 08 Dec 2022.

    08 Dec 2022

  • Director Appointment

    Sandeep Batra was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Nov 2022 & has been associated with this company since 2 years 2 months .

    09 Nov 2022

  • Director Appointment

    Joseph Varghese was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 09 Nov 2022 & has been associated with this company since 2 years 2 months .

    09 Nov 2022

Frequently asked questions

  • Pidilite Industries Limited was incorporated on 28 Jul 1969.

  • The authorized share capital of Pidilite Industries Limited is ₹ 99.00 Cr and paid-up capital is ₹ 50.86 Cr.

  • Currently 16 directors are associated with Pidilite Industries Limited.

    • Meher Pheroz Pudumjee
    • Sanjeev Aga
    • Ajay Balvantray Parekh
    • Apurva Narendrakumar Parekh
    • Piyush Indernarayan Pandey
    • Madhukar Balvantray Parekh
    • Vinod Kumar Dasari
    • Sandeep Batra
    • Murali Sivaraman
    • Rajeev Vasudeva
    • Bharat Tilakraj Puri
    • Sudhanshu Vats
    • Meera Shankar
    • Joseph Varghese
    • Mr Sandeep Batra
    • Manisha Rakesh Shetty
  • As per Ministry of Corporate Affairs (Mca), the registered address of Pidilite Industries Limited is Regent Chambers 7Th Floor208 Nariman Point, Mumbai, Maharashtra, India, 400021.

  • The corporate identification number (CIN) of Pidilite Industries Limited is L24100MH1969PLC014336 and the company number is 014336 as per Ministry of Corporate Affairs (MCA).

  • Yes, Pidilite Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): PIDILITIND.

  • The Official website of Pidilite Industries Limited is https://www.pidilite.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Pidilite Industries Limited has risen by 24.38%.

  • As Per 2023 financial reports, 7712 employees are currently employed by Pidilite Industries Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Pidilite Industries Limited has experienced an upsurge of 10.77%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Pidilite Industries Limited amount to ₹ 182.01 Cr.

  • The most recent Balance Sheet for Pidilite Industries Limited was filed with the ROC on 31 Mar 2023.

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