From the Chairman’s Desk

Throughout our Company’s existence, we have received support and guidance from Innumerable stakeholders, which include Employees, Distributors, Dealers, Users, Influencers, Associates, Partners, etc. Therefore, we are always conscious that what we are today is because of tremendous contributions made by all these stakeholders.

Apart from this, the society has provided us with an environment whereby our business has flourished, and we have been able to serve millions of users & customers located throughout the country as well as abroad.

We, therefore, owe a lot to the society and we have to fulfil our obligation by continuously giving back to the society to the best of our ability.

M B Parekh
Chairman

  • Women’s Initiative

    Turning over
    a new leaf

    How the women of Bapa Sitaram Watershed SHG Built a Business with Aloe Vera

  • Agriculture & Horticuture Initiative

    Natural Farming initiative at Mota Khuntavada

    How Dangar Khimabhai Patabhai introduced Integrated Farming on his 25 Bighas of Land

  • Education Initiative

    Dare to Dream

    Pidilite’s support and scholarship gave Mer Parshottam the confidence to dream

  • Water Initiative

    Runaway River

    Pidilite tames Rangholi River with vital check dams

  • Skill Initiative

    The Plumber and Problem Solver

    Kirpal Singh Vala shares how plumbing and Pidilite set him on the path to independence

  • Health Initiative

    Three Life-saving Days

    How a skilful team of doctors discovered a large ovarian cyst hiding behind my abdominal pain

Key Performance Indicators
Net Sales (` in crores)
EBITDA (` in crores)
PROFIT AFTER TAX (` in crores)

(excluding exceptional items)

EARNINGS PER SHARE (EPS) (`)

(excluding exceptional items)

BOOK VALUE PER SHARE (`)
DIVIDEND PER SHARE (DPS) (`)

Y - O - Y Growth/Degrowth

Net Current Assets (` in crores)
Reserves (` in crores)
Return on
Average Net Worth (%)
Return On Average
Capital Employed (%)

Y - O - Y Growth/Degrowth

Marketing Initiatives
Marketing Campaigns
01

Fevicol

Jija Saala

This year’s campaign, Fevicol Jija Saala, a deliberate shift from the ‘Mazboot Jod’ themed campaigns, aims to educate consumers on the importance of verifying Fevicol’s usage in their furniture as its strength lies in the adhesive that binds it together.

Dr. Fixit
Raincoat
02

Dr. Fixit

Raincoat

Our campaign for Dr. Fixit Raincoat, featuring Amitabh Bachchan, effectively conveys the product’s unique features of combining both paint and waterproofing, along with a warranty.

Araldite
Heavyweight Adhesiv
03

Araldite

Heavyweight Adhesive

Araldite, the heavyweight adhesive makes its grand entrance after being acquired by Pidilite, in a nationwide TV campaign that unveils its unparalleled strength.

WD-40
Our quirky brand film for WD-40 showcases the superhero abilities of our versatile multi-purpose spray.
04

WD-40

Our quirky brand film for WD-40 showcases the superhero abilities of our versatile multi-purpose spray. Watch as WD-40 defeats rust, unlocks stubborn locks, and silences those pesky squeaky door hinges.

Fevicol
Homefix
05

Fevicol

Homefix

The New Fevicol Homefix commercial was piloted in Kerala for Fevicol Homefix, which is a new innovative product for carrying out various repair and bonding jobs at home without the use of nails.

ICA Pidilite
ICA Pidilite’s classy new film, ‘The Mother’s Visit,’ promotes their chic range of Italian Wood Finishes.
06

ICA Pidilite

ICA Pidilite’s classy new film, ‘The Mother’s Visit,’ promotes their chic range of Italian Wood Finishes. The film aptly captures the insight that sophisticated tastes can easily influence peoples moods, tastes, and preferences

M-seal
The latest captivating M-Seal campaign, featuring the brilliant Manoj Pahwa, is increasing brand awareness.
07

M-seal

The latest captivating M-Seal campaign, featuring the brilliant Manoj Pahwa, is increasing brand awareness. Discover its limitless possibilities as M-Seal mends, fills, and seals, becoming your go-to solution for fixing, repairing, and sealing anything that’s broken.

Business Segment / Product Category % (FY 2023)

Standalone - % of Total Sales based on FY 2022-23

Performance by Industry Segment

Branded Consumer & Bazaar segment contributed

81.1%

of the sales of the Company and grew by

22.0%

Adhesives & Sealants category includes adhesives, sealants and tapes. This category contributed

55.7%

of the sales of the Company and grew by

20.2%

Construction and Paint Chemicals contributed

19.3%

of the sales of the Company and grew by

24.0%

Art & Craft Materials etc.
contributed

6.1%

of the sales of the Company and grew by

33.3%

Business to Business segment contributed

18.0%

of the sales of the Company and
grew by

11.8%

Industrial Adhesives includes adhesives used in packaging, footwear, cigarettes, automotive industry and joinery. This category contributed

5.8%

of sales of the Company and grew by

12.5%

Industrial Resins, Construction Chemicals (Projects) etc. contributed

7.8%

of the sales of the Company
and grew by

24.4%

Pigments and Preparations
contributed

4.4%

of the sales of the Company
and declined by

6.1%

Social & Community Service Initiatives
Read more

The Company has been engaging in and supporting various social and community service initiatives for the past several years, even before the concept of Corporate Social Responsibility and the statutory requirement thereof came into being.

Some of the key initiatives of the Company, in the sphere of social and community services as stated below, have resulted in significant value creation for the community at large.

Agriculture &
Horticulture

18,000

FARMERS IMPACTED

130%

INCREASE IN YIELD OF COTTON IN COMPARISON TO NATIONAL AVERAGE

84

ONE ACRE WADIS FOR VEGETABLE AND FRUIT CROPS DEVELOPED

70%

FARMERS ADOPTED GOOD AGRICULTURAL PRACTICES

Farmer Producer
Organisation(FPO)

1,100+

FARMER MEMBERS

400+

FARMERS RECEIVED AGRICULTURAL EQUIPMENT AT NORMAL RENTAL RATES

66%

SURGE IN FPO TURNOVER

400+ MT

GROUNDNUTS PROCURED

1,400+ MT

GRAM PROCURED

Centre for
Agriculture

13,500+

FARMERS TRAINED OVERALL

65+ Acres

COVERED UNDER CULTVATION

300+ Kg

SPICE SEEDS PROVIDED TO FARMERS

40+

FARMERS FROM ADJOINING VILLAGES VISITED THE CENTRE

Animal
Husbandry

18,900+

ANIMALS TREATED

3200+

CATTLE VACCINATED FROM LUMPY SKIN DISEASE

3,300+

VETERINARY TREATMENTS

38,200+

ARTIFICIAL INSEMINATIONS PERFORMED
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