Pidilite Industries
Pidilite Industries grew Q1 FY27 sales 21.3% year-on-year to ₹4,541 crore, targets double-digit FY27 volume growth and is adding manufacturing capacity in Maharashtra (Financial Express, 11 Aug). Crude above $100 a barrel pressures pricing, with high-cost inventory pulling Q2 EBITDA margin toward the lower end of its 20–24% guidance (CNBC-TV18, 24 Sept).
What it means Rival adhesive makers face a larger player with pricing power and growing capacity.
Latest moves
Our read of each move first, where we have one; what the report said is marked Reported.
- Reported: Pidilite is filling its top media role from within, with a leader who has agency experience at Carat India and Madison Communications, so expect continuity in media planning and agency relationships rather than a change of direction.Reported: Pallavi Mestry Haval, who joined Pidilite Industries in July 2016 and was most recently senior manager - media, moves up to Head of Media. Earlier in her career she worked at Carat India, where she was group head for five months in 2016, and at Madison Communications.Watch:
- Reported: Pidilite Industries has appointed Amit Agarwal, currently CFO of Pfizer Limited, as CFO-designate and Senior Management Personnel effective 9 October.Reported: Watch:
All 31 stories on Pidilite Industries2 leadership moves at Pidilite Industries →
Background
From 9 stories, the newest dated 12 Oct 2026. Summary written 13 Oct 2026. Newer developments are under Latest moves.
Pidilite Industries is the maker of Fevicol and also sells the Fevikwik, Dr. Fixit and Roff brands.[1] source: Storyboard18[2] source: Business Standard[3] source: The Hindu BusinessLine
Show 3 more paragraphs and 9 sources
Its international business contributes around 10% of revenue.[2] source: Business Standard A CNBC-TV18 report on 24 September 2026 put its market capitalisation at ₹1,58,382.08 crore.[4] source: CNBC-TV18
In August 2026, Pidilite said it had taken price increases of up to 12% in the June quarter and saw no immediate need for further hikes.[2] source: Business Standard[5] source: ET Small Business It targets double-digit underlying volume growth in FY27 and is expanding manufacturing capacity in Maharashtra while evaluating a northern India plant.[2] source: Business Standard[5] source: ET Small Business On 24 September 2026, it said sustained crude above $100 per barrel could trigger further cost-pass-through pricing, and that high-cost inventory may push Q2 EBITDA margin toward the lower end of its 20-24% guidance.[4] source: CNBC-TV18 On 28 September 2026, it partnered with Hwaseung Chemical to supply footwear adhesive technology to Indian manufacturers.[6] source: CNBC-TV18 In September 2026, it also signed an MoU with ICAR arm Agrinnovate India on CSR-backed agri-food initiatives.[7] source: The Hindu BusinessLine Pidilite shares gained 1.71% on 30 September.[8] source: NDTV Profit
Pidilite appointed Amit Agarwal, currently CFO of Pfizer Limited, as CFO-designate effective 9 October 2026.[1] source: Storyboard18 In October 2026, it elevated Pallavi Mestry Haval, who joined in July 2016, to Head of Media.[9] source: afaqs
Sources
Questions about Pidilite Industries
What is Pidilite Industries' current strategy in India?
In August 2026, Pidilite said it saw no immediate need for further price hikes and was expanding manufacturing capacity in Maharashtra.[2] source: Business Standard[5] source: ET Small Business In September 2026, it partnered with Hwaseung Chemical on footwear adhesives [6] source: CNBC-TV18 and signed an MoU with Agrinnovate India on CSR-backed agri-food initiatives.[7] source: The Hindu BusinessLine
Stories that mention Pidilite Industries
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