Pidilite Industries Limited (PIDILITIND.BO)

2,988.80 -57.75 (-1.90%) At close: 03:29PM IST

Pidilite Industries Limited

Ramkrishna Mandir Road
Off. Mathuradas Vasanji Road Andheri (East)
Mumbai 400059
India
91 22 2835 7000
https://www.pidilite.com

Sector(s): Basic Materials
Industry: Specialty Chemicals
Full-time employees: 7,310

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Madhukar Balvantray Parekh	Executive Chairman of the Board	36.7M	N/A	1946
Mr. Bharat Tilakraj Puri	MD, CEO & Executive Director	150.9M	N/A	1961
Mr. Ajay Balvantray Parekh	Executive Vice Chairman	17.8M	N/A	1959
Mr. Apurva Narendrakumar Parekh	Executive Vice Chairman	66M	N/A	1973
Mr. Sandeep Batra	Executive Director of Finance & CFO	19.5M	N/A	N/A
Mr. Joseph Varghese	Director of Operations & Director	10.1M	N/A	N/A
Mr. Sudhanshu Vats	Deputy MD & Director	76.4M	N/A	1968
Mr. Priykant Chhotalal Patel	President	N/A	N/A	N/A
Mr. Ramnarayan Mohanty	President of Technology	N/A	N/A	N/A
Ms. Manisha Shetty	Company Secretary & Compliance Officer	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in INR.

Description

Pidilite Industries Limited, together with its subsidiaries, manufactures and sells consumer and specialty chemicals in India and internationally. The company operates in two segments Branded Consumer & Bazaar, and Business to Business. The Branded Consumer & Bazaar segment offers adhesives, sealants, art and craft materials; and construction and paint chemicals for use by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment provides industrial adhesives and resins, construction chemicals, organic pigments, pigment preparations, etc. for use in various industries, including packaging, joineries, textiles, paints, printing inks, paper, leather, etc. The company offers adhesives technologies, wood finishes, and paint; waterproofing services, automotive, technical textiles, and tile grouts; and mechanical, electrical, and plumbing solutions. Further, it sells its products primarily under the Fevicol, Fevicol MR, Dr. Fixit, Fevikwik, M-Seal, Fevistick, Fevicryl, Hobby Ideas, and other brands. The company was founded in 1959 and is headquartered in Mumbai, India.

Corporate governance

Pidilite Industries Limited’s ISS governance QualityScore as of 1 May 2024 is 9. The pillar scores are Audit: 9; Board: 7; Shareholder rights: 1; Compensation: 9.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.