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Pidilite Industries Overview

1) The document provides background information on Pidilite Industries Ltd., including its establishment in 1959, current promoters and shareholding structure, business group, vision, mission, leadership team, board of directors, and technical collaborations. 2) Pidilite Industries Ltd. is headquartered in Mumbai, India and has manufacturing locations across India as well as an international presence in countries like the US, Bangladesh, Sri Lanka, Egypt, Dubai, and others. 3) Financial information for Pidilite Industries Ltd. over five years shows increasing total income, profits, reserves, and dividend rates, with net sales turnover growing from Rs. 4398 crores in FY14-15

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Aniket Yadav
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0% found this document useful (0 votes)
176 views21 pages

Pidilite Industries Overview

1) The document provides background information on Pidilite Industries Ltd., including its establishment in 1959, current promoters and shareholding structure, business group, vision, mission, leadership team, board of directors, and technical collaborations. 2) Pidilite Industries Ltd. is headquartered in Mumbai, India and has manufacturing locations across India as well as an international presence in countries like the US, Bangladesh, Sri Lanka, Egypt, Dubai, and others. 3) Financial information for Pidilite Industries Ltd. over five years shows increasing total income, profits, reserves, and dividend rates, with net sales turnover growing from Rs. 4398 crores in FY14-15

Uploaded by

Aniket Yadav
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOCX, PDF, TXT or read online on Scribd

History & Background

1) Establishment: - 1959.

2) Original & Current Promoters :-

Holder's Name No of Shares % Share Holding

NoOfShares 508123780 100%

Promoters 355302681 69.92%

ForeignInstitutions 58424176 11.5%

NBanksMutualFunds 17232098 3.39%

Others 8104541 1.59%

GeneralPublic 45886960 9.03%

FinancialInstitutions 22900077 4.51%

3) Business Group or Business Family to which it belongs.

Parekh Family.

4) Vision-Mission-Philosophy –Values.
A) Vision
To Be The Most Innovative Research and Technical Competence Center for Sustaining “Innovation-Driven” Growths
for Pidilite Group of Companies globally.

b) Mission

Invite, invest, and embrace talented people and scientists for great challenges ahead
Support, serve, and satisfy all valuable customers with our innovative products and excellent technical competency
Innovate with our customers to provide total product satisfactions and business growths.

5) Name of the Chairman .

M B Parekh

6) CEO.

Bharat Puri

7) MD - Bharat Puri.
8) Members of Board of Directors-

Shri. M. B. Parekh
Executive Chairman

Shri. Bharat Puri


Managing Director

Shri. N. K. Parekh
Vice Chairman

Shri. Bansi S. Mehta


Independent Director

Shri. Sanjeev Aga


Independent Director

Shri. Uday Chander Khanna


Independent Director

Smt. Meera Shankar


Independent Director

Shri. A. B. Parekh
Whole - Time Director

Shri. Vinod Kumar Dasari


Independent Director

Shri. A. N. Parekh
Whole - Time Director

Shri. Sabyaschi Patnaik


Whole - Time Director

Shri. Piyush Pandey


Independent Director.

9) Technical and other collaborations.

ICA- an Italian leading manufacturer of high-end wood finishes.


Nina – Percept- Nina Waterproofing Systems Pvt. Ltd. & Percept Waterproofing Services Ltd.
CIPY- CIPY Poly Urethanes Pvt. Ltd.
Jowat SE- Jowat SE, a German enterprise and one of the leading suppliers of industrial adhesives
worldwide.
BESI- Building Envelope Systems India.
PWSL- Percept Waterproofing Services Limited.
Grupo Puma- Grupo Puma is a leading technical mortars manufacturer based in Spain.
Litokol- an Italian company which is a leading tile adhesives and epoxy grout manufacturer.
Tenax- Tenax India, which is engaged in the business of providing a comprehensive array of products
which includes adhesives, coating, surface treatment chemicals and abrasives for marble, granite and
stone Industry, under the brand name ‘Tenax’.

10) Mergers & Acquisitions.

CIPY Polyurethanes Pvt. Ltd.

Nebula East Africa Private Ltd.


ORGANISATION:- Organization Structure.
1) Geographical (domestic and global) foot print – at the time of inception and spread over the
years.
North America .
• Sargent Arts is a leading supplier of quality art materials to
the educational and retail markets throughout the United
States.
• Adult colouring segment has seen slow-down in current
Quarter.
* SAARC / SEA.
• Bangladesh: No. 1 player manufacturing adhesives, sealants.
Growing & profitable business, and in the process of expanding
manufacturing capacity.
• Sri-Lanka: Acquired from CIC Holdings PLC, Chemifix trademark
and other brands associated with PVAC adhesives business in
2015.
• SEA : Construction chemical subsidiary in Thailand, achieving
consistent growth in sales. EBITDA improved on account of
controlled SG&A spends
*MEA
• Egypt: Manufactures & sells adhesives, sealants & other
products. Sales grew, however margin impacted due to higher
material cost and pricing pressure.
• Dubai - Modern purpose built factory at Dubai Investment
Park II. The facility manufactures and supports a proven
range of construction chemicals.
• Africa has numerous similarities with India - trade (small retail
setups), application (No DIY concept). Most of the dealers in
Africa are of Indian origin.
South America
• The business manufactures and sells Adhesives, Sealants and
Construction Chemicals.
• Sales grew due to increase in sale of key products and launch
of new products.
• Focus on new and fast moving products for improving
margin.

2) Company’s current head quarter worldwide as well as head quarter / corporate office in
India.

Andheri, Mumbai, India.

3) Manufacturing /Service locations Indian and major worldwide.


India.
Mahad, (Maharashtra); Vapi, (Gujarat); Baddi and Kala Amb, both in (Himachal Pradesh).

4) Certifications if any - ISO / EMS / FDA / CMMI, etc.


a. ISO-14000.
b. ISO -9001:2008.
c. OHSAS- 18001.

Market/Product.
1) Major Customers- All type of customers.
2) customer segments-
The Consumer & Bazaar Products segment includes products, such as adhesives, sealants, art
and craft material and others, construction and paint chemicals.

3) Products.
 Fevicol.
 Fevicol MR.
 Dr. Fixit.
 Fevikwik.
 M-Seal.
 Fevistik.
 Hobby Ideas.
 Fevicryl.
 Other Brands
 Motomax
 Roff
 Rangeela
 Terminator
 Steelgrip
 Fevi Gum
 Wudfin

4) Product line.

Textile and Paper Chemicals.


Industrial Resins.
Leather Chemicals.
Industrial Adhesives.
Footwear Adhesives.
Organic Pigments and Preparations.
Industrial Bonding Solutions.
Maintenance, Repair and Overhaul.

5) Major product.

Fevicol range of adhesives.

6) Market Share – nationally, region wise, product wise.


Rs6,000- crore Nationaly.
The market dominance in case of Fevicol and M-seal brands is near-monopolistic with over 70%
market share.

7) Advertising Agency.

Madison Media (Deal in ac size Rs 50 cr).


8) Advertising Punch Line/Slogan.
Fevicol slogan- "fevicol ka jodh hai tootega nahi!
Fevicol Marine- “Fevicol Marine, wohi mazboot jod, paani mein bhi."

9) Logo.

Financials
1) Data to be studied,tabulated,graphically depicted analyzed & presented for 5 years for the
revenues.

Yearly - Pidilite Industries Ltd.

Rs (in Crores)

Mar'19 Mar'18 Mar'17 Mar'16 Mar'15

INCOME

Net Sales Turnover 6094.66 5354.40 4865.37 4731.03 4398.07

Other Income 191.51 136.49 110.10 70.62 42.77

Total Income 6286.17 5490.89 4975.47 4801.65 4440.84

EXPENSES

Stock Adjustments -73.81 -8.48 -7.90 18.04 -6.78

Raw Material Consumed 2763.65 2271.28 2025.82 2059.51 2268.81

Power and Fuel .00 .00 .00 .00 .00

Employee Expenses 663.54 570.86 507.45 457.16 409.39

Administration and Selling Expenses .00 .00 .00 .00 .00

Research and Development Expenses .00 .00 .00 .00 .00


Expenses Capitalised .00 .00 .00 .00 .00

Other Expenses 1449.37 1228.41 1115.12 1076.78 963.59

Provisions Made .00 .00 .00 .00 .00

TOTAL EXPENSES 4802.75 4062.07 3640.49 3611.49 3635.01

Operating Profit 1291.91 1292.33 1224.88 1119.54 763.06

EBITDA 1483.42 1428.82 1334.98 1190.16 805.83

Depreciation 99.83 91.48 90.24 87.82 107.72

EBIT 1383.59 1337.34 1244.74 1102.34 698.11

Interest 7.14 6.06 5.68 5.84 9.50

EBT 1376.45 1331.28 1239.06 1096.50 688.61

Taxes 397.01 376.09 370.93 322.78 166.68

Profit and Loss for the Year 979.44 955.19 868.13 773.72 521.93

Extraordinary Items .00 .00 -94.34 -27.00 -20.07

Prior Year Adjustment .00 .00 .00 .00 .00

Other Adjustment .00 .00 .00 .00 .00

Reported PAT 979.44 955.19 773.79 746.72 501.86

KEY ITEMS

Reserves Written Back .00 .00 .00 .00 .00

Equity Capital 50.80 50.78 51.27 51.27 51.27

Reserves and Surplus 4135.92 3513.15 3348.08 2599.32 2298.18

Equity Dividend Rate 650.00 600.00 475.00 415.00 290.00

Agg. Non-Promoter Share(Lakhs) .00 .00 .00 .00 1551.39

Agg. Non-Promoter Holding(%) .00 .00 .00 .00 30.26

Government Share .00 .00 .00 .00 .00

Capital Adequacy Ratio .00 .00 .00 .00 .00

EPS(Rs.) NaN NaN NaN NaN 9.79


2) Profitability.

Profit & Loss - Pidilite Industries Ltd.Rs (in Crores)


  Mar'19 Mar'18 Mar'17 Mar'16 Mar'15

  12Months 12Months 12Months 12Months 12Months

INCOME:

Sales Turnover 6094.66 5490.96 5298.65 5063.06 4681.45

Excise Duty .00 136.56 433.28 332.03 283.37


NET SALES 6094.66 5354.40 4865.37 4731.03 4398.07

Other Income 191.5100 136.4900 110.1000 70.6200 42.7690

TOTAL INCOME 6286.17 5490.89 4975.47 4801.65 4440.84

EXPENDITURE:

Manufacturing Expenses 58.60 52.69 46.85 42.25 50.68

Material Consumed 3092.13 2557.55 2279.16 2297.92 2442.92

Personal Expenses 663.54 570.86 507.45 457.16 409.39

Selling Expenses 215.67 193.84 170.14 175.70 .00

Administrative Expenses 772.81 687.13 636.89 638.46 734.50

Expenses Capitalised .00 .00 .00 .00 .00

Provisions Made .00 .00 .00 .00 .00

TOTAL EXPENDITURE 4802.75 4062.07 3640.49 3611.49 3637.47

Operating Profit 1291.91 1292.33 1224.88 1119.54 760.60

EBITDA 1483.42 1428.82 1334.98 1190.16 803.37

Depreciation 99.83 91.48 90.24 87.82 107.72

Other Write-offs .00 .00 .00 .00 .00

EBIT 1383.59 1337.34 1244.74 1102.34 695.65

Interest 7.14 6.06 5.68 5.84 9.51

EBT 1376.45 1331.28 1239.06 1096.50 686.14

Taxes 397.01 376.09 370.93 322.78 166.68

Profit and Loss for the Year 979.44 955.19 868.13 773.72 519.46

Non Recurring Items -2.98 .13 -96.32 -27.22 -17.61

Other Non Cash Adjustments .00 .00 .00 .00 .00


Other Adjustments 2.98 -.13 1.98 .22 .00

REPORTED PAT 979.44 955.19 773.79 746.72 501.86

KEY ITEMS

Preference Dividend .00 .00 .00 .00 .00

Equity Dividend 245.06 193.95 20.41 404.15 118.41

Equity Dividend (%) 482.40 381.94 39.81 788.28 230.96

Shares in Issue (Lakhs) 5079.78 5078.10 5126.83 5126.83 5126.63

EPS - Annualised (Rs) 19.28 18.81 15.09 14.56 9.79

3) Market capitalization.

PIDILITE INDUSTRIES LTD FUNDAMENTALS


ParameterValues

Market Cap (Rs. in Cr.)73198.25

Earning Per Share (EPS TTM) (Rs.)23.33

Price To Earnings (P/E) Ratio61.76

Book Value Per Share (Rs.)93.17

Price/Book (MRQ)15.46

Price/Earning (TTM)56.08

ROCE (%)35.70

PAT Margin16.07

Dividend Yield0.45

Face Value 1.
4) Segmented revenue.

5) Auditors

PERIOD TO WHICH
NAME OF NATURE OF FORUM WHERE DISPUTE IS AMOUNT (र IN
THE AMOUNT
STATUTE DUES PENDING CRORES)
RELATES

INCOME TAX
INCOME TAX COMMISSIONER (APPEALS) AY 2007-08 0.11
ACT 1961

INCOME TAX ACT 1961-TOTAL 0.11*

GOODS AND
GOODS AND
SERVICE TAX SUPERINTENDENT OF GST 2017-18 0.20
SERVICE TAX
ACT 2017

ADDITIONAL COMMISSIONER 2017-18 0.05


GOODS AND SERVICE TAX ACT 2017- TOTAL 0.25**

THE CUSTOMS EXCISE &


FINANCE ACT 2006-07 TO 2011-12
SERVICE TAX SERVICE TAX APPELLATE 11.42
1994 2013-14
TRIBUNAL (CESTAT)

SERVICE TAX AS PER FINANCE ACT 1994-TOTAL 11.42@

CENTRAL EXCISE DUTY


COMMISSIONER OF CENTRAL
EXCISE ACT IN VARIOUS 2008-09 2009-10 0.38
EXCISE (APPEALS)
1944 STATES

EXCISE DUTY THE CUSTOMS EXCISE &


IN VARIOUS SERVICE TAX APPELLATE 2007-08 TO 2009-10 0.02
STATES TRIBUNAL (CESTAT)

CENTRAL
944- TOTAL 0.40#
EXCISE ACT

SALES TAX IN
SALES TAX 1998-99 2005-06 2007-
VARIOUS ASSESSING OFFICER 15.53
ACT 08 TO 2015-16
STATES

SALES TAX IN
COMMISSIONER OF SALES
VARIOUS 2008-09 2012-13 0.82
TAX
STATES

SALES TAX IN 2002-03 2008-09 TO


VARIOUS ADDITIONAL COMMISSIONER 2011-12 2013-14 TO 13.44
STATES 2016-17

SALES TAX IN DEPUTY JOINT


1994-95 2005-06 TO
VARIOUS COMMISSIONER OF SALES 2.35
2016-17
STATES TAX

1998-99 1999-00 2002-


SALES TAX IN
JOINT COMMISSIONER OF 03 2004-05 2007-08 TO
VARIOUS 79.80
SALES TAX 2014-15 2016-17 2017-
STATES
18

SALES TAX IN
REVISION BOARD 2001-02 2004-05 0.85
WEST BENGAL

SALES TAX IN
1999-00 TO 2002-03
VARIOUS SALES TAX TRIBUNAL 36.61
2004-05 TO 2016-17
STATES

SALES TAX IN
VARIOUS HIGH COURT 2003-04 0.02
STATES

SALES TAX ACT-TOTAL 149.41 ‘

6) * Net of र 29.87 crores paid under protest


7) ** Net of र 0.17 crores paid under protest
@ Net of र 0.33 crores paid under protest
8) # Net of र 0.03 crores paid under protest
A Net of र 27.32 crores paid under protest
9)
5) Listing status & scrip coads- BSE & NSE.

LISTING DETAILS - PIDILITE INDUSTRIES


 KEY DATES
Year Ending Month Mar

AGM Date (Month) Aug

Book Closure Date (Month) Jul/Aug

 LISTING INFORMATION
Face Value Of Equity Shares 1

Market Lot Of Equity Shares 1

BSE Code 500331

NSE Code PIDILITIND

BSE Group A

 PART OF THE FOLLOWING INDICES


Sensex No

Nifty No

BSE-100 Yes

BSE-200 Yes

S&P CNX 500 Yes

CNX Midcap No

CNX FMCG No

LISTING ON
Listed On The Stock Exchange, Mumbai , National Stock Exchange of India Ltd.

6) Gobally listing on international stock market.

7) Share price and face value & current market value& Annual high low figures.
Pidilite Industries Limited
As on Jun 16, 2020
 1,425.20
-6.75 -0.47%
 Prev. Close
1,431.95

 Open
1,444.05

 High
1,463.05

 Low
1,415.00

 Close
-

 VWAP1,445.41
 52 week high1,709.90
 52 week low1,168.10
 Face Value1.00
 Traded Volume (shares)14,31,964
 Traded Value (Lakhs)20,697.75
 Price Band--
 Order Book

Buy Buy Sell Sell


Qty. Price Price Qty.

1,425. 1,426.
1 41
30 00

1,425. 1,426.
1 2
25 70

1,424. 1,426.
70 37
90 75

1,424. 1,427.
38 244
85 20

1,424. 1,427.
67 247
80 25
1,16,5 1,89,2
Total Quantity
22 23
Security-wise Delivery Position (16-Jun-2020 13:00:00)

Quantity Traded 13,62,404

Deliverable Quantity (gross


1,25,076
across client level)

Deliverable Quantity to
9.18
Traded Quantity
Value at Risk (VaR)

Security VAR 15.65

Index VAR -

VAR Margin 15.65

Extreme Loss Rate 3.50

Adhoc Margin -

Applicable Margin Rate 19.15

8) P/E Ratio.
9) Shareholding pattern.
 Shareholding Pattern - Pidilite Industries Ltd.
Holder's Name No of Shares % Share Holding
NoOfShares 508123780 100%
Promoters 355302681 69.92%
ForeignInstitutions 58424176 11.5%
NBanksMutualFund 17232098 3.39%
Others 8104541 1.59%
GeneralPublic 45886960 9.03%
FinancialInstitutions 22900077 4.51%.

CSR Activities , Awards& Accolades.


 CSR Activities.
1- Rural Development.
2- Education Initiatives.
3- Healthcare initiative.
4- Education and Training including in Science and Technology,Healthcare; Welfare of
Children, Women, Senior Citizens, and Differently Abled Persons; Employment
enhancing Vocational skills; Sanitation; Water management; Agriculture; Horticulture.

 Awards & accolades.


A. Zee Business Brand Awards
Zee Business .Brand Excellence Award
Fevicol.
B. Economic Times Awards
Silver Medal In Indian Manufacturing Excellence Award
Pidilite.
C. CNBC TV 18 11th IBL Awards
Most Promising Company Of The Year
Pidilite.
D. Acetech 2015
Gold Award At Design Wall
Dr Fixit,etc.

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