FEATURE: ASI TOP 20

An exhibition booth for Pidilite's Integrated Building Solutions, featuring a reception, displays, and a red carpet.

NO. 9

Pidilite Industries Ltd.

Location: Mumbai, India

www.pidilite.com

Chairman: Madhukar Balvantray Parekh

Image courtesy of Pidilite.

Established in 1959, Pidilite Industries is a leading manufacturer of adhesives and sealants, and construction chemicals, craftsman products, DIY products, and polymer emulsions in India. Company brands include Fevicol, M-Seal, Fevikwik, Fevistik, and Dr. Fixit.

Pidilite operates with three main business segments: Consumer & Bazaar, Business to Business, and Others. The company’s consolidated net sales in its 2026 fiscal year (ended March 31, 2026) were Rs 14,600.83 (approximately $1.7 billion), representing an increase of 11% (excluding Pidilite USA and Pulvitec Brazil) over the prior fiscal year. The Business to Business segment and the Consumer & Bazaar segment both saw growth in the fiscal year 2026.

With over 8,900 global employees, Pidilite operates manufacturing facilities in India, the United States, Thailand, Dubai, Brazil, Egypt, Bangladesh, Sri Lanka, and Kenya. The company has three R&D centers (two in India and one in Singapore).

Source: Company website, press releases, analyst presentation