About Pidilite Adhesives Private Limited
Data last updated:
Pidilite Adhesives Private Limited was a private limited company based in Mumbai, Maharashtra, India. The company has been amalgamated - it was merged with another entity and no longer exists as a separate legal entity. It operated in the plastic and resins segment of the manufacturing sector. It was incorporated on 27 September 2019.
The company was registered with the Registrar of Companies (ROC), Mumbai, under CIN U24299MH2019PTC331068. Its GSTIN is 27AAFCH0558L1ZC (Maharashtra). The company held 4 GST registrations, all of them active.
The company had an authorised share capital of ₹1 Lakh and a paid-up capital of ₹27.49 Cr. It was formerly known as Huntsman Advanced Materials Solutions Private Limited. It was led by directors including Punit Mehra and Gira Jagdeesh Sardesai.
Its last annual general meeting (AGM) was held on 14 June 2021, and its latest financial statements are for the year ended 31 March 2021. The registered office was at Regent Chambers 7th Floor Jamnalal Bajaj Marg 208 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the financials filed for FY 2021, the company reported a revenue of ₹294.91 Cr, a growth of 67% compared to the previous year. For the same year it recorded a net profit of ₹71.48 Cr (net margin 24.2%) and EBITDA of ₹98.42 Cr (EBITDA margin 33.4%).
The company had about 20 employees on its provident fund (EPFO) records before it was dissolved.
The company was associated with 1 brand: Pidilite. The company has 1 deal on record (1 acquisition); the latest was in November 2020. Its 10 peer companies in the Manufacturing industry (Adhesives, Plastics and Resins) are compared by revenue, 5 larger and 5 smaller; the largest is Kamsons Polymers Limited with revenue of ₹312.65 Cr.
The last known website on record is pidilite.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRegent Chambers 7th Floor Jamnalal Bajaj Marg 208 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryManufacturing, Plastic & Resins
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Business Activity of Pidilite Adhesives Private Limited
The main business activity of Pidilite Adhesives is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products | Locked |
Business activity turnover details
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Financials of Pidilite Adhesives Private Limited FY 2021 filings available
Pidilite Adhesives Private Limited reported revenue of ₹294.91 Cr (up 67% YoY) for FY 2021.
Compounded Annual Growth Rate (CAGR) of Pidilite Adhesives Private Limited
Revenue rose 67% in the latest year. EBITDA rose 100% in the latest year. All are worked out from the filed statements.
Financial Statement Summary of Pidilite Adhesives Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profit and Loss Statement | ||
| Revenue from Operations | •••• | •••• |
| Other Income | •••• | •••• |
| Total Revenue | ₹294.91 Cr | •••• |
| Cost of Materials Consumed | •••• | •••• |
| Employee Benefit Expense | •••• | •••• |
| Finance Costs | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• |
| Other Expenses | •••• | •••• |
| Total Expenses | •••• | •••• |
| EBITDA | ₹98.42 Cr | •••• |
| Profit Before Tax | •••• | •••• |
| Tax Expense | •••• | •••• |
| Net Profit (PAT) | ₹71.48 Cr | •••• |
| Balance Sheet | ||
| Share Capital | •••• | •••• |
| Reserves and Surplus | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• |
| Long-term Borrowings | •••• | •••• |
| Short-term Borrowings | •••• | •••• |
| Trade Payables | •••• | •••• |
| Total Liabilities | •••• | •••• |
| Fixed Assets | •••• | •••• |
| Investments | •••• | •••• |
| Inventories | •••• | •••• |
| Trade Receivables | •••• | •••• |
| Cash and Bank Balance | •••• | •••• |
| Total Assets | •••• | •••• |
Financial Ratios of Pidilite Adhesives Private Limited
| Metrics | FY 2020-21 | FY 2019-20 |
|---|---|---|
| Profitability | ||
| EBITDA Margin | 33.4% | •••• |
| Net Profit Margin | 24.2% | •••• |
| Return on Equity (ROE) | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• |
| Liquidity and Debt | ||
| Current Ratio | •••• | •••• |
| Quick Ratio | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• |
| Efficiency and Growth | ||
| Asset Turnover | •••• | •••• |
| Receivable Days | •••• | •••• |
| Payable Days | •••• | •••• |
| Inventory Days | •••• | •••• |
| Revenue Growth | •••• | •••• |
| Net Profit Growth | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of Pidilite Adhesives are in the company report.
Financial statements from FY 2020
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Peer Comparison of Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited is compared with the companies closest to it by revenue in the Manufacturing industry (Adhesives, Plastics and Resins). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Kamsons Polymers Limited | ₹312.65 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Mumbai, Maharashtra, India |
| PCL Oil and Solvents Limited | ₹311.48 Cr (FY 2019) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Asterix Reinforced Limited | ₹298.48 Cr (FY 2025) | •••• | •••• | 1.0% | •••• | Mumbai, Maharashtra, India |
| Resins and Plastics Limited | ₹297.2 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Mumbai, Maharashtra, India |
| Jyoti Resins and Adhesives Ltd Listed | ₹295.09 Cr (FY 2025) | •••• | •••• | 12.0% | •••• | Ahmedabad, Gujarat, India |
| Pidilite Adhesives Private Limited this company | ₹294.91 Cr (FY 2021) | •••• | •••• | 67.0% | •••• | Mumbai, Maharashtra, India |
| Hindustan Adhesives Limited Listed | ₹289.34 Cr (FY 2025) | •••• | •••• | -6.0% | •••• | New Delhi, Delhi, India |
| Radici Plastics India Private Limited | ₹289.11 Cr (FY 2024) | •••• | •••• | 30.0% | •••• | New Delhi, Delhi, India |
| Ganesha Ecotech Private Limited | ₹288.9 Cr (FY 2025) | •••• | •••• | 62.0% | •••• | Kanpur, Uttar Pradesh, India |
| Super Bond Adhesives Private Limited | ₹284.22 Cr (FY 2025) | •••• | •••• | 8.0% | •••• | Thane, Maharashtra, India |
| Kamsons Chemicals Private Limited | ₹283.35 Cr (FY 2025) | •••• | •••• | 7.0% | •••• | Mumbai, Maharashtra, India |
Peers are the five companies nearest above and the five nearest below Pidilite Adhesives by revenue in the Manufacturing industry (Adhesives, Plastics and Resins), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited is audited by Price Waterhouse & Co. for the financial year 2021.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| Price Waterhouse & Co. | Locked | Locked | Locked |
Complete auditor history
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors and KMP of Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited currently reports 3 directors and 1 key managerial person. 7 former directors have served the organization.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Punit Mehra | Director | 25 Jan 2021 | 5 Years 8 Months | As last reported |
| Renuka Nikhil Shitut | Company Secretary | 05 Jan 2021 | 5 Years 9 Months | As last reported |
| Gira Jagdeesh Sardesai | Director | 04 May 2021 | 5 Years 5 Months | As last reported |
| Apurva Narendrakumar Parekh | Director | 03 Nov 2020 | 5 Years 11 Months | As last reported |
Ownership and Shareholding of Pidilite Adhesives Private Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited does not have any charges (loans) registered with the Registrar of Companies.
Deals & Funding of Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited has 1 deal on record (1 acquisition); the latest was in November 2020.
Deals on record (1 of 1)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2020 | Acquisition | Undisclosed | Buyer: Pidilite Industries Limited Seller: Huntsman Netherlands BV, Huntsman Investments (Netherlands) BV, Vantico International Sarl |
Full deal history
All 1 deals with amounts, valuations, instruments and every party are in the company report.
- Every funding round and share transfer
- Amounts and valuations
- Investors, buyers and sellers
- Instruments and deal dates
Verified entity values are shown only after access is granted.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Associated Brands with Pidilite Adhesives Private Limited
Pidilite Adhesives operates one associated brand: Pidilite. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Adhesives and sealants are manufactured by Pidilite in India. | pidilite.com |
Employees and EPFO Compliance at Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited has a workforce of 20 employees as of Apr 07, 2024.
Employee and EPFO history
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
News related to Pidilite Adhesives Private Limited
Recent Activity on Pidilite Adhesives Private Limited
Pidilite Adhesives Private Limited has 11 board changes on record since 2020: 4 appointments and 7 cessations. The latest: Pradip Kumar Menon ceased to be Director on 20 Dec 2021.
2 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pidilite Adhesives Private Limited
Credit ratings, litigation, and regulatory alerts
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by Pidilite Adhesives Private Limited
MSME payment history
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of Pidilite Adhesives Private Limited
Corporate group structure
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
GST Compliance of Pidilite Adhesives Private Limited
Pidilite Adhesives has 4 GST registrations: 4 active.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAFCH0558L1ZC | Maharashtra | Active | 01 Feb 2020 |
| 27AAFCH0558L2ZB | Maharashtra | Active | 12 Jun 2020 |
| 06AAFCH0558L1ZG | Haryana | Active | 01 Feb 2020 |
| 30AAFCH0558L1ZP | Goa | Active | 01 Feb 2020 |
GST registrations and filing compliance
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
Verified entity values are shown only after access is granted.
MCA Filings & Documents of Pidilite Adhesives Private Limited
MCA filings and documents
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Pidilite Adhesives Private Limited
Pidilite Adhesives has been "Amalgamated" (merged) as per MCA records. The company was combined with another entity and no longer exists as a separate legal entity. Business activities, if any, continue under the successor entity.
Pidilite Adhesives was a private limited company based in Mumbai, Maharashtra, India. The company worked in plastic and resins, within the manufacturing industry. It was incorporated on 27 September 2019 and is registered under CIN U24299MH2019PTC331068. The company is recorded as amalgamated in MCA records and no longer exists as a legal entity.
Pidilite Adhesives was incorporated on 27 September 2019. It is registered with the Registrar of Companies, Mumbai.
Pidilite Adhesives had 4 directors and KMP:
- Punit Mehra - Director
- Gira Jagdeesh Sardesai - Director
- Apurva Narendrakumar Parekh - Director
- Renuka Nikhil Shitut - Company Secretary
The CIN (Corporate Identification Number) of Pidilite Adhesives is U24299MH2019PTC331068. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
The registered office of Pidilite Adhesives is at Regent Chambers 7th Floor Jamnalal Bajaj Marg 208 Nariman Point, Mumbai, Maharashtra, India – 400021.
Pidilite Adhesives can be reached through the website pidilite.com. Its registered office is in Mumbai, Maharashtra, India.
Pidilite Adhesives reported revenue of ₹294.91 Cr for FY 2021 (up 67% YoY).
Pidilite Adhesives has an authorised share capital of ₹1 Lakh and a paid-up capital of ₹27.49 Cr.
Pidilite Adhesives reported a net profit of ₹71.48 Cr (net margin 24.2%) and EBITDA of ₹98.42 Cr (EBITDA margin 33.4%) for FY 2021, as per its filed financial statements.
The GSTIN of Pidilite Adhesives is 27AAFCH0558L1ZC, registered in Maharashtra. The company has 4 GST registrations in all, of which 4 are active. Other active GSTINs include 27AAFCH0558L2ZB (Maharashtra), 06AAFCH0558L1ZG (Haryana), 30AAFCH0558L1ZP (Goa).