Pidilite Industries Limited filed a comprehensive investor presentation on February 6, 2026, under Regulation 30, providing stakeholders with detailed insights into the company's strategic evolution and growth trajectory. The presentation was submitted to both BSE Limited and National Stock Exchange of India Limited by Company Secretary Manisha Shetty.

Strategic Journey and Evolution

The presentation outlines Pidilite's remarkable journey spanning over six decades, beginning with its inception in 1959. The company's evolution is categorized into distinct phases, each marked by significant milestones and strategic initiatives.

Foundation and Brand Building (1959-2004)

The early phase saw the commissioning of plants for Acron brand pigment emulsion and Fevicol brand adhesives. Key developments during this period included:

• Fevicol's establishment as carpenters' preferred choice
• Birth of the Consumer Products division
• Public listing with a valuation of INR 60 crores
• Introduction of Dr. Fixit and M-seal brands
• Achievement of the 1000 crore revenue milestone
• Acquisition of Roff brand construction chemicals

Expansion and Collaborations (2005-2025)

The recent decades have been characterized by aggressive expansion and strategic partnerships:

Portfolio Strategy and Market Positioning

Pidilite employs a sophisticated portfolio approach to sustained profitable growth, segmenting its businesses into three distinct categories:

Established Brands

These include high market maturity brands with strong market positions, targeting 1-2X GDP growth. The flagship Fevicol brand exemplifies this category with continuous innovation including superfast setting adhesives, heat-resistant formulations, and specialized applications for AC ducts and foam sheets.

Emerging Categories

Businesses with significant potential for market growth or share gain, targeting 2-4X GDP growth. Dr. Fixit has evolved from pure waterproofing to a comprehensive range including coatings and Dr. Fixit Centers. The Roff brand has been positioned as an expert tile and stone solutions provider through strategic joint ventures with global specialists.

Nascent Categories

New market creation opportunities targeting 100 crores revenue within 3 years. These include specialized applications in glass windows, woodworking, and ACP panels.

Performance Metrics and Growth Enablers

The presentation highlights consistent performance over the last 10 years, with market capitalization reaching Rs. 1,44,929 crores as of March 31, 2025, representing a 5X increase over the decade.

Distribution Network Expansion

Infrastructure Development

With cumulative capital expenditure investment of Rs. 2,700+ crores over 10 years, Pidilite currently operates through approximately 70 manufacturing units and 50+ distribution centers across the country, creating a future-ready supply chain.

Strategic Initiatives and Future Outlook

The company is positioning itself for key market shifts through strategic partnerships and new product launches. Notable initiatives include the Jowat partnership for on-site to off-site furniture manufacturing transition, expansion in the electronics adhesives segment, and the launch of Haisha interior paints targeting small towns and rural markets.

The presentation also emphasizes Pidilite's commitment to sustainability and digital transformation, including the development of a comprehensive digital ecosystem connecting retailers, distributors, users, and sales force through platforms like M Connect and Genie.

Corporate Governance and Leadership

The document reflects strong corporate governance practices with recent leadership appointments including Sudhanshu Vats as Managing Director and Kavinder Singh as Joint Managing Director, ensuring continuity in the company's strategic direction and operational excellence.

Pidilite Industries has outlined its strategic growth expectations, projecting modest price increases alongside robust volume expansion across key business segments. The company's forward-looking strategy emphasizes balanced growth through pricing optimization and market expansion.

Strategic Pricing Initiative

The company expects to achieve price growth in the range of 1% to 1.5%, driven by strategic pricing decisions. This measured approach to pricing reflects the company's focus on maintaining competitiveness while optimizing margins across its product portfolio.

Volume Growth and Market Expansion

Pidilite Industries anticipates that volume growth will maintain its current momentum and show improvement over the medium term. The company's domestic B2B segment is positioned for particularly strong performance, with management targeting mid-teens growth rates in this vertical.

EU Trade Deal Benefits

The company is positioned to capitalize on benefits from the EU trade deal, with positive impacts anticipated by the end of this year or in the second half of the next fiscal year. This development is expected to enhance the company's international market presence and create new growth opportunities in European markets.

Strategic Outlook

The company's multi-pronged approach combines:

• Strategic pricing to optimize revenue growth
• Volume expansion across domestic and international markets
• Focused growth in the B2B segment
• Leveraging international trade agreements for market access

This comprehensive strategy positions Pidilite Industries for sustained growth across multiple business dimensions while maintaining operational efficiency.