- Total income
- ₹13,526 Cr
- Profit
- ₹2,076 Cr

About Pidilite Industries Limited
Data last updated:
Pidilite Industries Limited is a public limited company based in Mumbai, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 28 July 1969 and has been in existence for over 57 years.
Pidilite Industries is ranked #203 on the Fortune India 500 (2025). It is part of the Nifty 500 and BSE 500 indices. Its director Madhukar Parekh and family are #74 on the Hurun India Rich List 2026. Its director Ajay Balvantray Parekh and family are #159 on the Hurun India Rich List 2026.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24100MH1969PLC014336. Its GSTIN is 27AAACP4156B1ZS (Maharashtra). The company holds 44 GST registrations, of which 34 are active. Its shares are listed on BSE: 500331 and NSE: PIDILITIND.
The company has an authorised share capital of ₹125 Cr and a paid-up capital of ₹101.78 Cr. It was formerly known as Parekh Dye Chem Industries Private Limited. It is led by directors including Sudhanshu Vats (Managing Director) and Madhukar Balvantray Parekh (Whole-Time Director).
Its last annual general meeting (AGM) was held on 06 August 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at Regent Chambers 7th Floor208 Nariman Point, Mumbai, Maharashtra, India – 400021.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹14,601 Cr, a growth of 11.1% compared to the previous year. For the same year it recorded a net profit of ₹2,462.6 Cr (net margin 16.9%) and EBITDA of ₹3,502.92 Cr (EBITDA margin 24%). The net worth stands at ₹10,832 Cr (up 11% YoY). Total assets are valued at ₹11,633 Cr (up 10.3% YoY).
The company has about 7,712 employees on its provident fund (EPFO) records. Its group structure includes 11 subsidiaries.
The company is associated with 6 brands, including Roff, Fevikwik, Pidilite Ventures, Fevicol, Pidilite and others. As per MCA filings, the company has open charges of ₹182.01 Cr and satisfied charges of ₹552.46 Cr on record. Court records list 1,444 cases involving the company, including 1,225 filed by the company and 195 filed against it; 556 cases are pending. The company has 48 deals on record (43 market trades, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹68.61 Cr; the latest was in May 2026. Its 6 peer companies in the Chemicals industry (Dyes and Pigments, Specialty Chemicals) are compared by revenue, 1 larger and 5 smaller; the largest is Godrej Industries Limited with revenue of ₹21,924 Cr. The company has 6 MSME Form 1 returns on record between 2019 and 2024, listing 939 overdue payments to 676 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website pidilite.com.
Recognitions & Rankings of Pidilite Industries
- Valuation
- ₹1,60,980 Cr
- #74 Madhukar Parekh & family ₹38,600 Cr
- #159 Ajay Balvantray Parekh & family ₹23,300 Cr
- #257 Kalpana & Apurva Parekh ₹14,500 Cr
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressRegent Chambers 7th Floor208 Nariman Point, Mumbai, Maharashtra, India – 400021
- IndustryChemicals and Materials, Specialty Chemicals, Dyes & Pigments, Colorants
- 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
Associated Brands with Pidilite Industries Limited
Pidilite Industries operates multiple associated brands including Roff, Fevikwik, and Pidilite Ventures. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Offers tile adhesives, joint fillers, and stone care for construction. | roff.in | |
| Advertising technology and performance marketing services focused on business growth and optimization. | fevikwik.in | |
| Investment in home improvement, maintenance, and related sectors. | pidilite.vc | |
| Adhesives and sealants are manufactured by Pidilite in India. | pidilite.com | |
| Polyurethane and epoxy coatings are manufactured in Pune, India. | cipypolyurethane.com | |
| Adhesive manufacturing for woodworking and community initiatives in India. | fevicol.in |
Business Activity of Pidilite Industries Limited
The main business activity of Pidilite Industries 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 Industries Limited FY 2025-26 filings available
Pidilite Industries Limited reported revenue of ₹14,601 Cr (up 11.1% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 14,601 | 13,140 | 12,383 | 11,799 | 9,921 | 7,293 | 7,294 |
| Revenue growth | +11.1% | +6.1% | +5.0% | +18.9% | +36.0% | -0.0% | - |
| EBITDA | 3,503 | 2,984 | 2,632 | 1,984 | 1,847 | 1,677 | 1,521 |
| EBITDA margin | +24.0% | +22.7% | +21.3% | +16.8% | +18.6% | +23.0% | +20.9% |
| Profit before tax | 3,320 | 2,823 | 2,379 | 1,723 | 1,614 | 1,522 | 1,470 |
| Net profit | 2,463 | 2,094 | 1,783 | 1,273 | 1,214 | 1,138 | 1,155 |
| Net profit margin | +16.9% | +15.9% | +14.4% | +10.8% | +12.2% | +15.6% | +15.8% |
| EPS (₹) | 24.06 | 40.82 | 34.00 | 25.05 | 23.76 | 22.26 | 21.97 |
| Balance sheet | |||||||
| Total assets | 11,633 | 10,550 | 9,103 | 7,931 | 7,110 | 6,236 | 5,018 |
| Net worth | 10,832 | 9,754 | 8,407 | 7,212 | 6,404 | 5,593 | 4,456 |
| Total debt | 417 | 454 | 382 | 391 | 416 | 331 | 288 |
| Cash & bank | 299 | 336 | 533 | 327 | 355 | 451 | 703 |
| Net working capital | 1,224 | 1,244 | 1,357 | 1,835 | 1,835 | 1,142 | 1,606 |
| Cash flow | |||||||
| Cash from operations | 2,828 | 2,287 | 2,724 | 1,558 | 955 | 1,392 | 1,280 |
| Cash from investing | (1,224) | (1,542) | (1,769) | (899) | (558) | (1,688) | 103 |
| Cash from financing | (1,673) | (918) | (742) | (656) | (468) | (76.24) | (849) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,552 | 3,583 | 3,710 | 3,554 | 3,753 | 3,141 | 3,369 | 3,235 |
| Revenue growth (YoY) | +21.3% | +14.1% | +10.1% | +9.9% | +10.5% | - | - | - |
| Other income | 109 | 64.78 | 65.53 | 50.16 | 85.94 | 80.38 | 55.78 | 57.12 |
| EBITDA | 1,194 | 823 | 888 | 850 | 941 | 607 | 798 | 768 |
| EBITDA margin | +26.2% | +23.0% | +23.9% | +23.9% | +25.1% | +19.3% | +23.7% | +23.7% |
| Depreciation | 97.29 | 97.09 | 101 | 99.95 | 96.68 | 96.68 | 89.50 | 87.88 |
| Interest | 13.34 | 13.89 | 13.28 | 13.28 | 13.77 | 14.35 | 12.45 | 11.73 |
| Profit before tax | 1,192 | 777 | 840 | 787 | 916 | 576 | 752 | 725 |
| Tax | 308 | 192 | 216 | 203 | 238 | 149 | 195 | 185 |
| Net profit | 884 | 584 | 624 | 585 | 678 | 428 | 557 | 540 |
| EPS (₹) | 8.55 | 5.68 | 6.06 | 5.68 | 13.19 | 8.29 | 10.84 | 10.49 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 13,488 | 12,073 | 11,167 | 10,597 | 8,340 | 6,216 | 6,333 |
| Revenue growth | +11.7% | +8.1% | +5.4% | +27.1% | +34.2% | -1.8% | - |
| EBITDA | 3,293 | 2,815 | 2,530 | 1,855 | 1,599 | 1,547 | 1,424 |
| EBITDA margin | +24.4% | +23.3% | +22.7% | +17.5% | +19.2% | +24.9% | +22.5% |
| Profit before tax | 3,194 | 2,766 | 2,404 | 1,668 | 1,627 | 1,457 | 1,437 |
| Net profit | 2,393 | 2,090 | 1,801 | 1,256 | 1,275 | 1,086 | 1,144 |
| Net profit margin | +17.8% | +17.3% | +16.1% | +11.9% | +15.3% | +17.5% | +18.1% |
| EPS (₹) | 23.43 | 40.78 | 35.38 | 24.73 | 24.96 | 21.28 | 21.68 |
| Balance sheet | |||||||
| Total assets | 11,077 | 10,065 | 8,633 | 7,374 | 6,686 | 5,742 | 4,586 |
| Net worth | 10,665 | 9,676 | 8,337 | 7,108 | 6,417 | 5,561 | 4,465 |
| Total debt | 276 | 272 | 212 | 187 | 194 | 122 | 73.34 |
| Cash & bank | 142 | 215 | 382 | 156 | 119 | 112 | 569 |
| Net working capital | 657 | 721 | 897 | 1,289 | 1,180 | 446 | 1,154 |
| Cash flow | |||||||
| Cash from operations | 2,643 | 2,229 | 2,586 | 1,432 | 766 | 1,201 | 1,228 |
| Cash from investing | (1,116) | (1,515) | (1,736) | (754) | (326) | (1,679) | 133 |
| Cash from financing | (1,600) | (882) | (623) | (673) | (433) | 18.71 | (858) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,249 | 3,285 | 3,436 | 3,287 | 3,479 | 2,851 | 3,099 | 2,977 |
| Revenue growth (YoY) | +22.1% | +15.2% | +10.9% | +10.4% | +10.6% | - | - | - |
| Other income | 94.27 | 58.22 | 67.60 | 68.51 | 84.18 | 116 | 54.51 | 72.19 |
| Total expenses | 3,129 | 2,519 | 2,604 | 2,480 | 2,591 | 2,287 | 2,350 | 2,246 |
| EBITDA | 1,121 | 766 | 832 | 807 | 888 | 564 | 749 | 731 |
| EBITDA margin | +26.4% | +23.3% | +24.2% | +24.5% | +25.5% | +19.8% | +24.2% | +24.5% |
| Depreciation | 84.49 | 81.90 | 86.15 | 85.43 | 82.77 | 83.89 | 76.70 | 75.43 |
| Interest | 10.90 | 9.76 | 10.61 | 10.19 | 10.19 | 10.34 | 8.31 | 7.93 |
| Profit before tax | 1,120 | 732 | 803 | 780 | 879 | 585 | 718 | 720 |
| Tax | 290 | 185 | 202 | 194 | 230 | 140 | 184 | 178 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,552 | 3,583 | 3,710 | 3,554 | 3,753 | 3,141 | 3,369 | 3,235 |
| Revenue growth (YoY) | +21.3% | +14.1% | +10.1% | +9.9% | +10.5% | - | - | - |
| Other income | 109 | 64.78 | 65.53 | 50.16 | 85.94 | 80.38 | 55.78 | 57.12 |
| EBITDA | 1,194 | 823 | 888 | 850 | 941 | 607 | 798 | 768 |
| EBITDA margin | +26.2% | +23.0% | +23.9% | +23.9% | +25.1% | +19.3% | +23.7% | +23.7% |
| Depreciation | 97.29 | 97.09 | 101 | 99.95 | 96.68 | 96.68 | 89.50 | 87.88 |
| Interest | 13.34 | 13.89 | 13.28 | 13.28 | 13.77 | 14.35 | 12.45 | 11.73 |
| Profit before tax | 1,192 | 777 | 840 | 787 | 916 | 576 | 752 | 725 |
| Tax | 308 | 192 | 216 | 203 | 238 | 149 | 195 | 185 |
| Net profit | 884 | 584 | 624 | 585 | 678 | 428 | 557 | 540 |
| EPS (₹) | 8.55 | 5.68 | 6.06 | 5.68 | 13.19 | 8.29 | 10.84 | 10.49 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 14,601 | 13,140 | 12,383 | 11,799 | 9,921 | 7,293 | 7,294 |
| Revenue growth | +11.1% | +6.1% | +5.0% | +18.9% | +36.0% | -0.0% | - |
| Other income | 266 | 247 | 140 | 56.25 | 48.18 | 83.38 | 152 |
| Total expenses | 11,098 | 10,156 | 9,751 | 9,815 | 8,074 | 5,616 | 5,774 |
| Employee cost | 1,941 | 1,742 | 1,465 | 1,246 | 1,112 | 981 | 927 |
| EBITDA | 3,503 | 2,984 | 2,632 | 1,984 | 1,847 | 1,677 | 1,521 |
| EBITDA margin | +24.0% | +22.7% | +21.3% | +16.8% | +18.6% | +23.0% | +20.9% |
| Depreciation | 395 | 358 | 341 | 270 | 240 | 201 | 170 |
| Interest | 54.22 | 50.35 | 51.19 | 47.64 | 42.08 | 37.23 | 33.60 |
| Profit before tax | 3,320 | 2,823 | 2,379 | 1,723 | 1,614 | 1,522 | 1,470 |
| Tax | 849 | 727 | 632 | 434 | 407 | 396 | 348 |
| Net profit | 2,463 | 2,094 | 1,783 | 1,273 | 1,214 | 1,138 | 1,155 |
| Net profit margin | +16.9% | +15.9% | +14.4% | +10.8% | +12.2% | +15.6% | +15.8% |
| EPS (₹) | 24.06 | 40.82 | 34.00 | 25.05 | 23.76 | 22.26 | 21.97 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 102 | 50.86 | 50.86 | 50.83 | 50.83 | 50.82 | 50.81 |
| Reserves & surplus | 10,730 | 9,704 | 8,356 | 7,161 | 6,353 | 5,542 | 4,405 |
| Shareholders' funds (net worth) | 10,832 | 9,754 | 8,407 | 7,212 | 6,404 | 5,593 | 4,456 |
| Minority interest | 216 | 203 | 210 | 234 | 199 | 240 | 216 |
| Secured loans | 91.62 | 124 | 106 | 115 | 135 | 119 | 116 |
| Unsecured loans | 326 | 330 | 276 | 276 | 281 | 212 | 172 |
| Total debt | 417 | 454 | 382 | 391 | 416 | 331 | 288 |
| Total liabilities | 11,633 | 10,550 | 9,103 | 7,931 | 7,110 | 6,236 | 5,018 |
| Assets | |||||||
| Gross block | 8,373 | 7,958 | 7,427 | 6,738 | 6,301 | 5,834 | 3,057 |
| Net block | 5,774 | 5,705 | 5,451 | 4,914 | 4,703 | 4,418 | 1,807 |
| Capital work in progress | 329 | 129 | 148 | 406 | 225 | 294 | 259 |
| Investments | 4,350 | 3,551 | 2,235 | 881 | 459 | 516 | 1,186 |
| Inventories | 1,738 | 1,685 | 1,415 | 1,817 | 1,695 | 1,234 | 929 |
| Sundry debtors | 2,181 | 1,811 | 1,675 | 1,535 | 1,431 | 1,321 | 1,088 |
| Cash & bank balances | 299 | 336 | 533 | 327 | 355 | 451 | 703 |
| Loans & advances | 394 | 468 | 343 | 351 | 361 | 332 | 320 |
| Total current assets | 4,612 | 4,300 | 3,966 | 4,030 | 3,842 | 3,339 | 3,041 |
| Total current liabilities | 3,388 | 3,056 | 2,609 | 2,196 | 2,007 | 2,197 | 1,435 |
| Net working capital | 1,224 | 1,244 | 1,357 | 1,835 | 1,835 | 1,142 | 1,606 |
| Total assets | 11,633 | 10,550 | 9,103 | 7,931 | 7,110 | 6,236 | 5,018 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 287 | 460 | 247 | 256 | 327 | 607 | 73.27 |
| Net cash from operating activities | 2,828 | 2,287 | 2,724 | 1,558 | 955 | 1,392 | 1,280 |
| Net cash from investing activities | (1,224) | (1,542) | (1,769) | (899) | (558) | (1,688) | 103 |
| Net cash from financing activities | (1,673) | (918) | (742) | (656) | (468) | (76.24) | (849) |
| Net change in cash | (68.42) | (173) | 212 | 2.19 | (70.73) | (372) | 533 |
| Closing cash | 299 | 336 | 533 | 327 | 355 | 451 | 703 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.1% | +6.1% | +5.0% | +18.9% | +36.0% | -0.0% | - |
| EBITDA growth | +17.4% | +13.4% | +32.6% | +7.4% | +10.2% | +10.3% | - |
| PBT growth | +17.6% | +18.6% | +38.1% | +6.8% | +6.0% | +3.6% | +9.6% |
| Net income growth | +17.6% | +17.5% | +40.1% | +4.8% | +6.7% | -1.5% | - |
| Revenue CAGR (3Y) | +7.4% | +9.8% | +19.3% | +17.4% | +11.9% | +6.3% | +9.1% |
| EBITDA CAGR (3Y) | +20.9% | +17.3% | +16.2% | +9.3% | +11.0% | +7.7% | +6.5% |
| Profitability & leverage | |||||||
| Net income margin | +16.9% | +16.0% | +14.1% | +10.9% | +12.2% | +15.4% | +15.4% |
| Return on capital employed | +31.0% | +29.9% | +29.3% | +24.2% | +25.7% | +28.9% | +32.7% |
| Return on net worth | +24.0% | +23.1% | +22.4% | +18.9% | +20.1% | +22.4% | +26.1% |
| Debt / equity | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 | 0.06 | 0.05 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Interest cover | 1.74 | 1.92 | 2.23 | 2.78 | 2.62 | 2.52 | 2.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.79 | 1.71 | 1.75 | 1.81 | 1.64 | 1.64 | 2.61 |
| Inventory turnover | 8.53 | 8.48 | 7.66 | 6.72 | 6.77 | 6.74 | 7.83 |
| Debtors turnover | 7.31 | 7.54 | 7.72 | 7.96 | 7.21 | 6.05 | 6.80 |
| EPS (₹) | 24.06 | 40.82 | 34.00 | 25.05 | 23.76 | 22.26 | 21.97 |
| Dividend per share (₹) | 11.50 | 20.00 | 16.00 | 11.00 | 10.00 | 8.50 | 7.00 |
| Book value per share (₹) | 106.43 | 191.79 | 165.30 | 141.89 | 125.98 | 110.05 | 87.69 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 4,249 | 3,285 | 3,436 | 3,287 | 3,479 | 2,851 | 3,099 | 2,977 |
| Revenue growth (YoY) | +22.1% | +15.2% | +10.9% | +10.4% | +10.6% | - | - | - |
| Other income | 94.27 | 58.22 | 67.60 | 68.51 | 84.18 | 116 | 54.51 | 72.19 |
| Total expenses | 3,129 | 2,519 | 2,604 | 2,480 | 2,591 | 2,287 | 2,350 | 2,246 |
| EBITDA | 1,121 | 766 | 832 | 807 | 888 | 564 | 749 | 731 |
| EBITDA margin | +26.4% | +23.3% | +24.2% | +24.5% | +25.5% | +19.8% | +24.2% | +24.5% |
| Depreciation | 84.49 | 81.90 | 86.15 | 85.43 | 82.77 | 83.89 | 76.70 | 75.43 |
| Interest | 10.90 | 9.76 | 10.61 | 10.19 | 10.19 | 10.34 | 8.31 | 7.93 |
| Profit before tax | 1,120 | 732 | 803 | 780 | 879 | 585 | 718 | 720 |
| Tax | 290 | 185 | 202 | 194 | 230 | 140 | 184 | 178 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 13,488 | 12,073 | 11,167 | 10,597 | 8,340 | 6,216 | 6,333 |
| Revenue growth | +11.7% | +8.1% | +5.4% | +27.1% | +34.2% | -1.8% | - |
| Other income | 279 | 294 | 193 | 63.04 | 230 | 73.49 | 152 |
| Total expenses | 10,195 | 9,258 | 8,637 | 8,742 | 6,742 | 4,669 | 4,908 |
| Employee cost | 1,710 | 1,545 | 1,254 | 1,045 | 905 | 788 | 737 |
| EBITDA | 3,293 | 2,815 | 2,530 | 1,855 | 1,599 | 1,547 | 1,424 |
| EBITDA margin | +24.4% | +23.3% | +22.7% | +17.5% | +19.2% | +24.9% | +22.5% |
| Depreciation | 336 | 308 | 289 | 222 | 175 | 147 | 126 |
| Interest | 40.75 | 34.72 | 29.46 | 28.53 | 26.42 | 16.99 | 13.40 |
| Profit before tax | 3,194 | 2,766 | 2,404 | 1,668 | 1,627 | 1,457 | 1,437 |
| Tax | 810 | 692 | 604 | 411 | 359 | 375 | 335 |
| Net profit | 2,393 | 2,090 | 1,801 | 1,256 | 1,275 | 1,086 | 1,144 |
| Net profit margin | +17.8% | +17.3% | +16.1% | +11.9% | +15.3% | +17.5% | +18.1% |
| EPS (₹) | 23.43 | 40.78 | 35.38 | 24.73 | 24.96 | 21.28 | 21.68 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 102 | 50.86 | 50.86 | 50.83 | 50.83 | 50.82 | 50.81 |
| Reserves & surplus | 10,564 | 9,626 | 8,287 | 7,057 | 6,366 | 5,510 | 4,414 |
| Shareholders' funds (net worth) | 10,665 | 9,676 | 8,337 | 7,108 | 6,417 | 5,561 | 4,465 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 276 | 272 | 212 | 187 | 194 | 122 | 73.34 |
| Total debt | 276 | 272 | 212 | 187 | 194 | 122 | 73.34 |
| Total liabilities | 11,077 | 10,065 | 8,633 | 7,374 | 6,686 | 5,742 | 4,586 |
| Assets | |||||||
| Gross block | 7,418 | 7,087 | 6,589 | 5,939 | 3,018 | 2,581 | 2,291 |
| Net block | 5,257 | 5,202 | 4,935 | 4,437 | 1,732 | 1,423 | 1,249 |
| Capital work in progress | 327 | 106 | 135 | 351 | 207 | 282 | 248 |
| Investments | 4,928 | 4,173 | 2,813 | 1,447 | 3,446 | 3,482 | 1,824 |
| Inventories | 1,541 | 1,490 | 1,257 | 1,561 | 1,373 | 976 | 730 |
| Sundry debtors | 1,865 | 1,556 | 1,406 | 1,305 | 1,158 | 999 | 807 |
| Cash & bank balances | 142 | 215 | 382 | 156 | 119 | 112 | 569 |
| Loans & advances | 252 | 274 | 213 | 197 | 198 | 164 | 205 |
| Total current assets | 3,800 | 3,535 | 3,258 | 3,219 | 2,848 | 2,251 | 2,311 |
| Total current liabilities | 3,143 | 2,814 | 2,362 | 1,930 | 1,667 | 1,805 | 1,157 |
| Net working capital | 657 | 721 | 897 | 1,289 | 1,180 | 446 | 1,154 |
| Total assets | 11,077 | 10,065 | 8,633 | 7,374 | 6,686 | 5,742 | 4,586 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 212 | 380 | 153 | 148 | 110 | 564 | 60.57 |
| Net cash from operating activities | 2,643 | 2,229 | 2,586 | 1,432 | 766 | 1,201 | 1,228 |
| Net cash from investing activities | (1,116) | (1,515) | (1,736) | (754) | (326) | (1,679) | 133 |
| Net cash from financing activities | (1,600) | (882) | (623) | (673) | (433) | 18.71 | (858) |
| Net change in cash | (72.46) | (168) | 227 | 6.10 | 6.68 | (459) | 504 |
| Closing cash | 142 | 215 | 382 | 156 | 119 | 112 | 569 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +11.7% | +8.1% | +5.4% | +27.1% | +34.2% | -1.8% | - |
| EBITDA growth | +17.0% | +11.3% | +36.4% | +16.1% | +3.3% | +8.6% | - |
| PBT growth | +15.5% | +15.1% | +44.1% | +2.5% | +11.7% | +1.4% | +4.4% |
| Net income growth | +14.5% | +16.1% | +43.4% | -1.5% | +17.4% | -5.0% | - |
| Revenue CAGR (3Y) | +8.4% | +13.1% | +21.6% | +18.7% | +11.0% | +5.1% | +9.2% |
| EBITDA CAGR (3Y) | +21.1% | +20.8% | +17.8% | +9.2% | +7.4% | +6.2% | +8.0% |
| Profitability & leverage | |||||||
| Net income margin | +17.7% | +17.2% | +16.1% | +11.9% | +15.2% | +17.4% | +17.4% |
| Return on capital employed | +30.6% | +30.0% | +30.4% | +24.3% | +26.6% | +28.5% | +32.8% |
| Return on net worth | +23.4% | +23.0% | +23.3% | +18.7% | +21.2% | +21.6% | +25.5% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0.01 |
| Interest cover | 1.38 | 1.39 | 1.31 | 1.75 | 1.86 | 1.21 | 1.03 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.86 | 1.77 | 1.78 | 1.84 | 2.98 | 2.55 | 3.04 |
| Inventory turnover | 8.90 | 8.79 | 7.92 | 7.06 | 7.10 | 7.29 | 8.65 |
| Debtors turnover | 7.89 | 8.15 | 8.24 | 8.42 | 7.73 | 6.89 | 8.01 |
| EPS (₹) | 23.43 | 40.78 | 35.38 | 24.73 | 24.96 | 21.28 | 21.68 |
| Dividend per share (₹) | 11.50 | 20.00 | 16.00 | 11.00 | 10.00 | 8.50 | 7.00 |
| Book value per share (₹) | 104.79 | 190.26 | 163.93 | 139.84 | 126.24 | 109.43 | 87.87 |
Board of Directors of Pidilite Industries Limited
Pidilite Industries has 16 current directors and 31 former directors. Current directors are listed first, with their designation and appointment date.
Peer Comparison of Pidilite Industries Limited
Pidilite Industries Limited is compared with the companies closest to it by revenue in the Chemicals industry (Dyes and Pigments, Specialty Chemicals). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Godrej Industries Limited Listed | ₹21,924 Cr (FY 2025) | •••• | •••• | 21.0% | •••• | Mumbai, Maharashtra, India |
| Pidilite Industries Limited this company | ₹14,601 Cr (FY 2026) | •••• | •••• | 11.1% | •••• | Mumbai, Maharashtra, India |
| Mcpi Private Limited | ₹10,772 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | Kolkata, West Bengal, India |
| Superform Chemistries Limited | ₹10,193 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Mumbai, Maharashtra, India |
| Dow Chemical International Private Limited | ₹10,135 Cr (FY 2025) | •••• | •••• | 4.0% | •••• | Thane, Maharashtra, India |
| India Glycols Limited Listed | ₹9,053.5 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Udham Singh Nagar, Uttarakhand, India |
| Deccan Fine Chemicals (India) Private Limited | ₹8,738.51 Cr (FY 2024) | •••• | •••• | -1.0% | •••• | Hyderabad, Telangana, India |
Peers are the five companies nearest above and the five nearest below Pidilite Industries by revenue in the Chemicals industry (Dyes and Pigments, Specialty Chemicals), 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 Industries Limited
Pidilite Industries Limited is audited by B S R & Co. LLP for the financial year 2025.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| B S R & Co. LLP | 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.
Shareholding Pattern of Pidilite Industries Limited
Shareholding for the quarter ended Sep 2026: promoters hold 69.20%, foreign institutional investors hold 11.70%, domestic institutional investors hold 9.90% and retail and other public shareholders hold 9.20%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 69.20% | 69.30% | 69.30% | 69.30% |
| Public | 30.80% | 30.70% | 30.70% | 30.70% |
Charges & Borrowings of Pidilite Industries Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 05 Mar 2003 | Indian Overseas Bank | ₹176.99 Cr | Open |
| 05 Dec 1995 | Industrial Development Bank of India | ₹5 Cr | Open |
| 05 Sep 1984 | The Maharashtra State Financial Corporation | ₹1.5 Lakh | Open |
| 28 Dec 2020 | Standard Chartered Bank | ₹39 Cr | Satisfied |
| 24 Feb 2009 | Idbi Trusteeship Services Limited | ₹75 Cr | Satisfied |
Total charge records: 73 View all charges
Deals & Funding of Pidilite Industries Limited
Pidilite Industries Limited has 48 deals on record (43 market trades, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹68.61 Cr; the latest was in May 2026.
Deals on record (5 of 48)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Nov 2025 | Market trade | ₹25.33 Cr | Buyer: Pidichem Private Limited Seller: an individual |
| Sep 2024 | Market trade | ₹293.58 Cr | Buyer: The Vacuum Forming Company Private Limited Seller: an individual |
| Sep 2024 | Market trade | ₹16.43 Cr | Buyer: Pidichem Private Limited Seller: an individual |
| Sep 2024 | Market trade | ₹132.12 Cr | Buyer: Ishijas Chemicals Pvt Ltd Seller: 2 individuals |
| Aug 2021 | Market trade | ₹91.2 Cr | Buyer: Pidichem Private Limited Seller: an individual |
Full deal history
All 48 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.
Legal Cases of Pidilite Industries Limited
Pidilite Industries Limited has 1,444 court cases on record: 1,225 filed by Pidilite Industries, 195 filed against it, 24 where it is another party. 556 cases are pending and 888 are disposed. Status as checked between 21 Sep 2026 and 05 Oct 2026.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 890 | 84 | 427 |
| High courts | 553 | 111 | 129 |
| Supreme Court | 1 | 0 | 0 |
Cases on record (5 of 1,444)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, BENGALURU, Karnataka | Court case (Com.O.S.) | Filed against the company by Betterplace Safety Solutions Private Limited | Pending |
| Bombay High Court | Appeal | Filed by the company against Pololight Industries Limited | Pending |
| High Court of Andhra Pradesh | Revision petition | Filed by the company against Surya Colours Pvt Ltd | Pending |
| District court, Mumbai CMM Courts, Maharashtra | Court case (Summary Case) | Filed by the company against RG Buildmart (India) Private Limited | Pending |
| District court, Mumbai City Civil Court, Maharashtra | Interim or miscellaneous application | Filed by the company against Prarabdh Commercial India Private Limited | Pending |
Full case history
All 1,444 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
MSME Payment Delays by Pidilite Industries Limited
Pidilite Industries Limited has 6 MSME Form 1 returns on record between 2019 and 2024, listing 939 overdue payments to 676 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 676)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Shankaj Containers | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
| FMCG Home Hygiene Private Limited | •••• | •••• | •••• |
| an individual supplier | •••• | •••• | •••• |
Full MSME payment history
Every supplier, amount and due date from all 6 MSME Form 1 returns is in the company report.
- Every reported supplier due
- Amounts and due dates
- Reasons given in each return
- Period-by-period history
Verified entity values are shown only after access is granted.
Individuals and sole proprietors among the suppliers are not named. Amounts, due dates and filing dates are in the company report.
Employees and EPFO Compliance at Pidilite Industries Limited
Pidilite Industries Limited has a workforce of 7,712 employees as of Jul 03, 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.
Group Structure of Pidilite Industries Limited
Pidilite Industries has 11 subsidiary companies and 7 associated companies. This group structure data is as of FY 2024. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Tenax Pidilite India Private Limited | U14102MH2005PTC381378 | - |
| Pidilite Grupo Puma Manufacturing Limited | U24110MH2020PLC335898 | - |
| Pidilite Ventures Private Limited | U24114MH1989PTC052007 | - |
| Bhimad Commercial Company Private Limited | U24221MH1989PTC051999 | - |
| Building Envelope Systems India Limited | U24233MH2012PLC235431 | - |
| Ica Pidilite Private Limited | U24233MH2015PTC270308 | - |
Showing major subsidiaries. Total: 11.
Recent Activity on Pidilite Industries Limited
Pidilite Industries Limited has 77 board changes on record since 1969: 47 appointments and 30 cessations. The latest: Naushad Darius Forbes was appointed as Director on 21 Jan 2026.
233 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for Pidilite Industries 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.
Subsidiaries & Group Companies of Pidilite Industries 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 Industries Limited
Pidilite Industries has 44 GST registrations: 34 active and 10 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACP4156B1ZS | Maharashtra | Active | 01 Jul 2017 |
| 27AAACP4156B2ZR | Maharashtra | Active | 27 Jul 2017 |
| 02AAACP4156B1Z4 | Himachal Pradesh | Active | 01 Jul 2017 |
| 03AAACP4156B1Z2 | Punjab | Active | 01 Jul 2017 |
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 Industries 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.
Related news about Pidilite Industries Limited
Frequently Asked Questions about Pidilite Industries Limited
Pidilite Industries is an active public limited company based in Mumbai, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 28 July 1969 (57+ years old) and is registered under CIN L24100MH1969PLC014336. Listed on BSE: 500331 and NSE: PIDILITIND.
Pidilite Industries reported revenue of ₹14,601 Cr for FY 2025-26 (up 11.1% YoY) based on consolidated financials.
Pidilite Industries has 16 current directors:
- Sudhanshu Vats - Managing Director
- Madhukar Balvantray Parekh - Whole-Time Director
- Sandeep Batra - Whole-Time Director
- Apurva Narendrakumar Parekh - Whole-Time Director
- Swaminathan Krishnamurthy - Whole-Time Director
- Kavinder Singh - Whole-Time Director
- Bharat Tilakraj Puri - Director
- Ajay Balvantray Parekh - Director
- Rajeev Vasudeva - Director
- Sandeep Kataria - Director
- Vivek Raghavan - Director
- Meena Ganesh - Director
- Jagdish Saksena Deepak - Director
- Rajeev Gupta - Director
- Murali Sivaraman - Director
- Naushad Darius Forbes - Director
The GSTIN of Pidilite Industries is 27AAACP4156B1ZS, registered in Maharashtra. The company has 44 GST registrations in all, of which 34 are active and 10 are cancelled or inactive. Other active GSTINs include 27AAACP4156B2ZR (Maharashtra), 02AAACP4156B1Z4 (Himachal Pradesh), 03AAACP4156B1Z2 (Punjab).
The CIN (Corporate Identification Number) of Pidilite Industries is L24100MH1969PLC014336. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Pidilite Industries is listed on both BSE (code: 500331) and NSE (symbol: PIDILITIND).
Pidilite Industries has 1,444 court cases on record: 1,225 filed by the company and 195 filed against it. 556 are pending. Most are in the district courts.
Pidilite Industries was incorporated on 28 July 1969, making it 57+ years old. It is registered with the Registrar of Companies, Mumbai.
Pidilite Industries has 48 deals on record (43 market trades, 3 funding rounds, 2 secondary share transfers), with disclosed funding of ₹68.61 Cr; the latest was in May 2026.
The peers of Pidilite Industries by revenue are Godrej Industries Limited, Mcpi Private Limited, Superform Chemistries Limited, Dow Chemical International Private Limited, India Glycols Limited and 1 more, all in the Chemicals industry (Dyes and Pigments, Specialty Chemicals).
Naushad Darius Forbes was appointed as Director on 21 Jan 2026. Piyush Indernarayan Pandey ceased to be Director on 24 Oct 2025. Vinod Kumar Dasari ceased to be Director on 01 Sep 2025. Pidilite Industries has 77 board changes on record in total.
Pidilite Industries has 6 MSME Form 1 returns on record between 2019 and 2024, listing 939 overdue payments to 676 micro and small suppliers. The latest return was filed on 30 Apr 2024.