pidilite Industries ltd share price Target 2025,2026,2027,2028,2029,2030

 Introduction to Pidilite Industries Ltd Share Price

Pidilite Industries Ltd was founded in 1959 by Balvantray Kalyanji Parekh, also known as “BKP”. He started the company with a vision to innovate and create products that would improve the quality of life for consumers and industries. Pidilite’s journey began in a modest way but soon became a household name in India, particularly because of its flagship product, Fevicol, a synthetic white glue that revolutionized carpentry and woodwork in India.

Key Milestones in Pidilite’s  History:

1. 1959: Pidilite was established with a focus on adhesives and industrial chemicals.
2. 1963: The introduction of Fevicol, a synthetic resin adhesive, marks the company’s breakthrough.
3. 1970s: Expansion into consumer markets with products like Fevikwik (instant adhesive) and M-Seal (sealants).
4. 1980s and 1990s: Diversification into other product categories like art materials with Fevicryl, sealants, construction chemicals, and specialty chemicals.
5. 2000s: The company began expanding internationally, acquiring companies and setting up manufacturing facilities abroad.
6. 2010s: Further diversification into lifestyle, crafts, DIY products, as well as sustained innovation in their traditional products.

Today, Pidilite is a leader in adhesives, construction chemicals, and other consumer-centric products.

Company Overview

Pidilite Industries is an Indian multinational company that specializes in adhesives, sealants, and construction chemicals. While the company is best known for Fevicol, it operates in multiple segments and has become synonymous with quality and innovation.

Pidilite serves both the consumer and industrial sectors with a range of products that include:

Major Holdings and Diversification

1. Adhesives and Sealants: Pidilite dominates this market with over 70% market share in India. Fevicol is widely used in woodworking, furniture making, and household repairs. Fevikwik, a super glue, has also become an essential for quick repairs.
2. Construction Chemicals: This segment is growing rapidly, driven by the boom in the construction and real estate sector. Dr. Fixit, their waterproofing and construction chemicals brand, is a major player in the market.
3. Arts & Crafts Products: Pidilite has a strong presence in this segment with products like Fevicryl (acrylic paints, colors, and DIY craft products). The brand also supports hobby and craft enthusiasts.
4. Industrial Chemicals and Speciality Products: Pidilite produces and supplies a range of chemicals to industries like automotive, textile, leather, and paints.
5. Consumer Products: Through their diverse product portfolio, they serve consumers for home repair, maintenance, and DIY projects.

Global Presence

Pidilite has expanded its operations to over 60 countries with significant market presence in South Asia, Africa, the Middle East, and some parts of Europe. Their international expansion is driven by acquisitions and partnerships, and they have manufacturing facilities abroad.

Product Line

Market History

Pidilite’s dominance in the adhesive market is due to its continuous innovation and strong brand recognition. The company transformed Fevicol into not just a product but a symbol of reliability. Pidilite leveraged aggressive marketing, including clever advertising campaigns, to make its products household names. They focused heavily on creating value for the Indian middle class, addressing basic needs like home repairs and creative hobbies.

Pidilite Industries ltd share Market overview