- Pidilite
Pidilite Industries Limited is the largest
adhesive manufacturer inIndia . [cite web
title = CRISIL assigns AAA/Stable to Pidilite’s bank facilities
work =
publisher = The Economic Times
date = 2007-09-27
url = http://economictimes.indiatimes.com/News/News_By_Industry/Banking_Finance_/Banking/CRISIL_assigns_AAAStable_to_Pidilites_bank_facilities/rssarticleshow/2412611.cms
accessdate = 2008-07-20] It also has world wide presence in adhesives, art material and industrial chemicals - its most famous product beingFevicol .References
INTRODUCTION TO THE COMPANY
Since its inception in 1959, Pidilite Industries Limited has been a pioneer in consumer and specialties chemicals in India. Over two-third of the company’s sales come from products and segments it has pioneered in India.
Product range includes Adhesives and Sealants, Construction and Paint Chemicals, Automotive Chemicals, Art Materials, Industrial Adhesives, Industrial and Textile Resins and Organic Pigments and Preparations. Most of the products have been developed through strong in-house R&D.
The Group's turnover is about US $ 500 Million for the year 2007-08. In a recent report by Economic Times, Pidilite ranked 131st amongst the top 500 listed companies in India. Pidilite Industries is the market leader in adhesives and sealants, construction chemicals, hobby colours and polymer emulsions in India. Pidilite’s brand name Fevicol has become synonymous with adhesives to millions in India and is ranked amongst the most trusted brands in India.
Brand Equity by Economic Times, (issue dated 11th June 2008), India’s financial daily ranked Fevicol as 20th amongst the top trusted brands for the year.
Pidilite is also growing it's International presence through acquisitions and setting up manufacturing facilities & sales offices around the world. Fevicol is now the largest selling adhesives brand in Asia.
The extensive product range of the Company is used by millions of hands every day. These hands belong to craftsmen, children, housewives, teachers, hobbyists, DIY enthusiasts and many others. By using Pidilite’s products, the skillful hands of customers construct buildings, make furniture, create objects of art, print magazines, paint houses and make hundreds of products used in our daily lives such as footwear, garments, pencils, toys and handicrafts.
Fevicryl Hobby Ideas – has defined hobby & craft products in India over the last several decades has now transformed itself into a more encompassing hobby ideas brand which includes hobby products as well as hobby stores. The high quality of the products have only improved over time, and are now available under the new hobby ideas range. The hobby ideas stores retail several in-house hobby products of Pidilite under the hobby ideas brand as well as other imported products. Several activities and workshops have now become a part of the hobby ideas’ retail experience. These retail Stores are started in Mumbai, Surat, Amhedabad and Bengaluru.
Pidilite Industries Limited; GAIL; GSK Pharma; HDFC; Hindustan Unilever; ITC; Nestle India; ONGC; Tata Power; West Coast Paper Mills; Ballarpur; Balrampur Chini; Cipla and Concor.These companies have been identified as “Storm Shelters” for investors and have shown consistent growth in terms of market cap, sales, profits and dividend payout even during the periods of economic slowdown.
Pidilite Industries Limited has 8 Regional Branches along with 18 Depots and C&F Agents all over the India to distribute their Products.
Pidilite has their Regional Branch in Nagpur also. For Vidharba Region (region made-up of 11 Districts of Maharashtra), company give the C&F Agency to Neeta Enterprises of Nagpur. From Nagpur’s Depot Pidilite Products are supplies to all the distributors of the Vidharba region.
Pidilite Industries Limited (Holding Company) and its subsidiary companies are;
Name of Subsidiary Company Country of Incorporation Proportion of Ownership Interest
Fevicol Company Ltd. India 100% SubsidiaryBhimad Commercial Co Pvt Ltd. India 100% SubsidiaryMadhumala Traders Pvt Ltd. India 100% SubsidiaryPidilite International Pte Ltd. Singapore 100% SubsidiaryPidilite Middle East Ltd. Middle East 100% SubsidiaryPulvitec do Industria e Adesivos Ltda. Brazil 100% SubsidiaryPidilite USA Inc. USA 100% SubsidiaryPagel Concrete Technologies Ltd. India 75% SubsidiaryJupiter Chemicals (L.L.C.) Middle East 100% wholly owned SubsidiaryNebula Trading FZE. Middle East 100% wholly owned SubsidiaryPT Pidilite Indonesia. Indonesia 100% wholly owned SubsidiariesPidilite Chemicals Bangladesh Pvt Ltd. Bangladesh 100% wholly owned SubsidiariesPidilite Innovation Centre Pte Ltd. Singapore 100% wholly owned SubsidiaryPidilite Industries Egypt - SAE Egypt 100% wholly owned subsidiariesChemson Asia Pte Ltd. Singapore 75% wholly owned SubsidiaryBamco Ltd. Thailand 75% wholly owned SubsidiaryVinyl Chemicals (India) Ltd. India 40.64% Shares
Key Management Personnel :
Sarva Shri M B Parekh - Managing Director N K Parekh - Joint Managing Director A B Parekh and A N Parekh - Whole-Time Directors
Other Directors :
Sarva Shri B K Parekh, H K Parekh, S K Parekh, R M Gandhi, N J Jhaveri, Bansi S Mehta, Ranjan Kapoor & Yash Mahajan.
Plant Locations in India :
o Mahad, Panvel, Taloja, Kondivita, Sakinaka (Mumbai, Maharashtra),o Daman (Union Territory of India),o Vapi, Surat (Gujarat), o KalaAmb, Baddi (Himachal Pradesh).
Head Office
Pidilite Industries LimitedRamkrishna Mandir RoadOff Sir Mathuradas Vasanji Road,Andheri (East) Mumbai - 400059Maharashtra. INDIA Phone: +91 22 28387240 E-mail: pil@pidilite.com
Registered Office
Pidilite Industries LimitedRegent Chambers, 7th FloorJamnalal Bajaj Marg, 208, Nariman Point Mumbai - 400021 Maharashtra. INDIAPhone: +91 22 22822708 E-mail: pil@pidilite.com
Branch Office :
AHMEDABAD
“Paritosh”, 4thFloor,Near Darpan Academy,Usmanpura, Ahmedabad - 380018. BANGALORE
H.V.S. Apartments,Edward Road,Bangalore - 560052. CHANDIGARH
Plot No. 72,Industrial Area, Phase II,Chandigarh.CHENNAI
306 (Old No.:244),Lloyds Road, Gopalapuram,Chennai - 600086. DELHI
6TH Floor Vikas Deep,Laxmi Nagar Vikas Marg, Delhi - 110092. KOLKATA
Everest House, 10th Floor,46/C, Chowringhee Road,Kolkata - 700071.KANPUR
57-A, Co-op. Industrial Estate,Dada Nagar, (Udyog Nagar),Kanpur - 208022. NAGPUR
Plot No. 23/24,Sahu Layout, Khadgaon Road, Wadi, Nagpur - 440023.
Wikimedia Foundation. 2010.