Pidilite Industries is eyeing a better margin with a volume-driven growth in FY24, helped by a comeback of rural and semi-urban demand and increased activities in the real estate sector. Besides, the company, which recently announced foraying into the decorative paints segment, has a long-term perspective for it and would utilise its existing sales network. Pidilite is already present in the coatings business.
Pidilite Industries is a well-known name in the adhesives market.