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Presentation on six week industrial Training at
Pidilite Industries
Presented By :-
Vishal Goel
Company Background
 Pidilite - established as a partnership firm Parekh Dychem Industries in
1961.
 Started by three brothers -Mr. B K Parekh, SK Parekh and H K Parekh.
 Name changed to PDI Industries after merger with Kodivita Industries in
1984.
 Merged with Pidilite Industries in 1989 – Merged name changed to Pidilite
Industries.
 Has become Largest manufacturer of adhesive.
 Before Fevicol, adhesives made from animal fat.
 Expansion of Product Portfolio has lead it to be recognized as a
leading FMCG player.
 Today present in 54 countries worldwide.
 In India it is available at over 50,000 stores across the country.
 Some leading brands - Fevicol, Parcol, Fevibond, Fevikwik, Pidifix
etc.
 Launched several new products in last few years - Fevi Stik(Super
glue stick), Feviseal, Prime tape, Dr. Fixit.
Milestones
 Fevicol, established as carpenters preferred choice of synthetic adhesives –
1965
 Pidilite makes a maiden public offering of equity shares – 1993
 Ranipal’ leading brand of optical whitener, acquired – 1999
 Dr. Fixit range of construction chemicals launched – 2001
 Pidilite establishes its R&D centre in Singapore - 2006
 Mission
Invite, invest, and embrace talented people.
Satisfy all valuable customers with our innovative products.
 Vision
To Be the Most Innovative Research and Technical Competence Centre.
Be a business leader by promoting innovation.
Delight customers by offering quality products and services.
Innovation Principles
 Pidilite Innovation Centre Singapore is another cornerstone for Pidilite
Group.
 Innovation requires forward thinking leaders.
 Innovation demands knowledge, inspiration, creative thinking.
 Innovation provides empowerment & space for individual to dream.
 Dr. Dien Pandiman - the Executive Director.
New Retail Outlets
 Company set up India’s first Craft and Hobby store.
 Company plans to open more such stores.
Products/Brands
White
glue
paper glue
glue stick
crayons
Cont…….
Acrylic
colors
Crack fillers
Distempers Optical brightener
Management - Pidilite Ind
Name Designations
 B K Parekh Chairman / Chairperson
 S K Parekh Vice Chairman
 M B Parekh Managing Director
 N K Parekh Joint Managing Director
 A B Parekh Whole Time Director
Quality Policy
 Pidilite has implemented `Small Group Activities’ (Quality Circles), Pragati
(Kaizan) and Total Quality Management (TQM) programme.
 Pidilite spends fairly large resources on R & D for its products and
processes.
 Dedication towards quality in all our products has made Fevicol a
household name.
 Pidilite team of scientists at its six R & D laboratories has developed the
entire range of the Company’s products.
Operations
 In last five years we have significantly increased exports of consumer &
craftsmen products.
 Company have established offices / subsidiaries in several countries
including UAE, Saudi Arabia, Indonesia, Egypt, Bangladesh, UK, Kenya,
South Africa and Ghana.
Subsidiaries
 Company has 13 overseas subsidiaries.
 A wholly owned subsidiary of Pidilite in Singapore, acquired chemson Asia
pvt. Ltd.
 A wholly owned subsidiary of Pidilite in Dubai.
 A wholly owned subsidiary of Pidilite in USA, acquired Cyclo brand and
Sargent Art brand.
Research & Development
 Most of its technology is developed through strong in-house R&D.
 Extensive distribution network.
 It relies heavily on technology.
 Company developed a Product Feedback Management System.
SWOT Analysis
Strengths
 Strong Marketing.
Weaknesses
 A bit overconfident about their advertising skills.
 Some products that don't fit the profile of this company.
Conti………
Opportunities
 Growth in the retail sector in India is a positive for Pidilite especially the
future growth of home specific stores.
Threats
 Raw material for adhesives is petrochemicals which in turn is dependent on
crude oil prices and the prices are increasing constantly.
Liquidity Ratio
Current Ratio:- It relationship of current assets to current liabilities.
Current ratio of 2:1 is considered satisfactory.
LIQUIDITY RATIOS 2008-09 2009-10
Current Ratio 1.55 1.33
Current ratio = Current assets
Current liabilities
Acid Test Ratio or Quick Ratio
LIQUIDITY RATIOS 2008-09 2009-10
Quick Ratio 1.43 0.79
A quick ratio of 1:1 is considered favorable for the firm.
Acid test ratio = Current asset –stock-prepaid
Current liabilities
Solvency Ratios
Debt-Equity Ratio = Debt (Long-Term Loans)
Equity (Shareholders Funds)
SOLVENCY
RATIOS
2008-09 2009-10
Long Term
Debt/Equity
0.63 0.44
Profitability Ratios
Gross Profit Ratio = Gross Profit X 100
Net Sales
PROFITABILITY
RATIOS
2008-09 2009-10
Gross Profit Margin
(%)
11.29 17.11
Profitability Ratios
Net Profit Ratio = Net Profit X 100
Net Sales
PROFITABILITY
RATIOS
2008-09 2009-10
Net Profit Margin
(%)
8.20 14.77
TITLE
An Attitudinal Study on Dealers towards
Pidilite Adhesives in Rural Market of Malwa
Region of Punjab
Objectives
To study the brand awareness of Pidilite.
To study the Problems faced by the dealers with respect to
Pidilite Adhesives.
To study the satisfaction level of dealers regarding Pidilite
Adhesives.
Research Methodology
Research Design:-
Descriptive Research Design
Data Collection:-
The data with respect to the study was collected in both ways, i.e.
Primary Data
Secondary Data
Universe:-
All the dealers who are selling adhesives of Pidilite in India.
Population :-
All the dealers who are selling adhesives of Pidilite in Malwa Region
of Punjab.
Sampling Unit :-
Sampling unit is any person who is involved in selling the adhesives of
pidilite in towns and villages of malwa region of Punjab.
SAMPLE SIZE :-
The number of respondents included in the study was 70
SAMPLING TECHNIQUE :-
Selection of population was done on the basis of Convenience
Sampling ( convenience of location )
LIMITATIONS OF STUDY
 Their responses may be biased.
 Only limited to the Rural areas of Malwa Region of Punjab.
 Sample size was limited.
 The dealers were not willing to express their opinions.
DATA ANALYSIS
Table No.4.1 Selling any kind of adhesive
(N = 70)
Option No. of
Respondents
%age of
Respondents
Yes 70 100
No 0 0
Option No. of Responses %age of
Respondents
Pidilite 70 83.33
Stylem 5 5.95
Carpenter 3 3.57
Jeevanjor 6 7.14
Table No. 4.2 Company’s adhesive you are selling.
(N=70) (n = 84)
Table No. 4.3 Awareness of Adhesives being offered by Pidilite
Option No. of Respondents %age of Respondents
Yes 70 100
No 0 0
(N = 70)
Table No. 4.4 Factor is important by you while purchasing a
product
Option No. of Responses %age of
Respondents
Price 20 19
Brand 30 29
Quality 39 38
After sales service 15 14
(n = 104)
Table No. 4.5 Preference to purchase these Adhesives
Option No. of Respondents %age of
Respondents
Distributer 47 67
Company 18 26
Broker 05 7
(N = 70)
Table No. 4.6 Satisfaction level of respondents
Factors Highly
dissatisfi
ed
Dissatisfi
ed
Neutral satisfied Highly
satisfied
Total Mean
Weight -2 -1 0 1 2
Respond
ents
0 2 11 32 26 70
Satisfacti
on
Level
-0 -2 0 32 52 82
1.71=(82
/70)
(N = 70)
Option No. of Respondents %age of
Respondents
0-20 kg 0 0
20-50 kg 5 7
50-100 kg 45 64
More Than 100 kg 20 29
Table No. 4.7 Monthly selling of Pidilite Adhesives
(N = 70) ( n = 70 )
Table No. 4.8 Faced any problem with Adhesives
Option No. of Respondents %age of
Respondents
Never 59 84
Rarely 2 3
Few Times 9 13
Many times 0 0
(N = 70)
Table No. 4.9 Kind of problems have you faced
Option No. of Responses %age of
Respondents
Price 7 28
After Sale Service 13 52
Quality 5 20
(n = 25) ( N = 11)
Table No. 4.10 Ranking the Pidilite adhesives are used in the
market
Options Fevicol Fevicol
SH
SR 998 Foam Fix Fevitite
Reponses 125 110 233 301 332
(N = 70) (N= 70)
Table No. 4.11 Recommendation of these Adhesives to others
Option No. of Respondents %age of Respondents
Yes 70 100
No 0 0
(N = 70)
Findings
 Some of the dealers are not satisfied with after sales service of
the pidilite.
 quality and brand name is very important while they purchase a
adhesives.
 selling of fevicol and fevicol SH is much more selling than
other adhesives.
 Most of dealers want to purchase the adhesives from the
distributers.
Conclusion
 Pidilite is very satisfying adhesives among the customers.
 Every year pidilite try to introduce new adhesives/products in
the market.
 Almost all the dealers are satisfied with the quality pidilite
adhesives.
 It is necessary to change some policies of pidilite.
 company should provide proper after sales service to the
dealers.
 In Adhesives like Dr. Fixit, lack of thickness as a result it does
not give proper benefit and stickiness to the other materials so
company should try to solve these problems.
 company should provide the booklets to dealers so that they
can know how to use these adhesives.
Suggestions
Summer training project (PPTs)
Summer training project (PPTs)

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Summer training project (PPTs)

  • 1. Presentation on six week industrial Training at Pidilite Industries Presented By :- Vishal Goel
  • 2. Company Background  Pidilite - established as a partnership firm Parekh Dychem Industries in 1961.  Started by three brothers -Mr. B K Parekh, SK Parekh and H K Parekh.  Name changed to PDI Industries after merger with Kodivita Industries in 1984.  Merged with Pidilite Industries in 1989 – Merged name changed to Pidilite Industries.  Has become Largest manufacturer of adhesive.  Before Fevicol, adhesives made from animal fat.
  • 3.  Expansion of Product Portfolio has lead it to be recognized as a leading FMCG player.  Today present in 54 countries worldwide.  In India it is available at over 50,000 stores across the country.  Some leading brands - Fevicol, Parcol, Fevibond, Fevikwik, Pidifix etc.  Launched several new products in last few years - Fevi Stik(Super glue stick), Feviseal, Prime tape, Dr. Fixit.
  • 4. Milestones  Fevicol, established as carpenters preferred choice of synthetic adhesives – 1965  Pidilite makes a maiden public offering of equity shares – 1993  Ranipal’ leading brand of optical whitener, acquired – 1999  Dr. Fixit range of construction chemicals launched – 2001  Pidilite establishes its R&D centre in Singapore - 2006
  • 5.  Mission Invite, invest, and embrace talented people. Satisfy all valuable customers with our innovative products.  Vision To Be the Most Innovative Research and Technical Competence Centre. Be a business leader by promoting innovation. Delight customers by offering quality products and services.
  • 6. Innovation Principles  Pidilite Innovation Centre Singapore is another cornerstone for Pidilite Group.  Innovation requires forward thinking leaders.  Innovation demands knowledge, inspiration, creative thinking.  Innovation provides empowerment & space for individual to dream.  Dr. Dien Pandiman - the Executive Director.
  • 7. New Retail Outlets  Company set up India’s first Craft and Hobby store.  Company plans to open more such stores.
  • 10. Management - Pidilite Ind Name Designations  B K Parekh Chairman / Chairperson  S K Parekh Vice Chairman  M B Parekh Managing Director  N K Parekh Joint Managing Director  A B Parekh Whole Time Director
  • 11. Quality Policy  Pidilite has implemented `Small Group Activities’ (Quality Circles), Pragati (Kaizan) and Total Quality Management (TQM) programme.  Pidilite spends fairly large resources on R & D for its products and processes.  Dedication towards quality in all our products has made Fevicol a household name.  Pidilite team of scientists at its six R & D laboratories has developed the entire range of the Company’s products.
  • 12. Operations  In last five years we have significantly increased exports of consumer & craftsmen products.  Company have established offices / subsidiaries in several countries including UAE, Saudi Arabia, Indonesia, Egypt, Bangladesh, UK, Kenya, South Africa and Ghana.
  • 13. Subsidiaries  Company has 13 overseas subsidiaries.  A wholly owned subsidiary of Pidilite in Singapore, acquired chemson Asia pvt. Ltd.  A wholly owned subsidiary of Pidilite in Dubai.  A wholly owned subsidiary of Pidilite in USA, acquired Cyclo brand and Sargent Art brand.
  • 14. Research & Development  Most of its technology is developed through strong in-house R&D.  Extensive distribution network.  It relies heavily on technology.  Company developed a Product Feedback Management System.
  • 15. SWOT Analysis Strengths  Strong Marketing. Weaknesses  A bit overconfident about their advertising skills.  Some products that don't fit the profile of this company.
  • 16. Conti……… Opportunities  Growth in the retail sector in India is a positive for Pidilite especially the future growth of home specific stores. Threats  Raw material for adhesives is petrochemicals which in turn is dependent on crude oil prices and the prices are increasing constantly.
  • 17. Liquidity Ratio Current Ratio:- It relationship of current assets to current liabilities. Current ratio of 2:1 is considered satisfactory. LIQUIDITY RATIOS 2008-09 2009-10 Current Ratio 1.55 1.33 Current ratio = Current assets Current liabilities
  • 18. Acid Test Ratio or Quick Ratio LIQUIDITY RATIOS 2008-09 2009-10 Quick Ratio 1.43 0.79 A quick ratio of 1:1 is considered favorable for the firm. Acid test ratio = Current asset –stock-prepaid Current liabilities
  • 19. Solvency Ratios Debt-Equity Ratio = Debt (Long-Term Loans) Equity (Shareholders Funds) SOLVENCY RATIOS 2008-09 2009-10 Long Term Debt/Equity 0.63 0.44
  • 20. Profitability Ratios Gross Profit Ratio = Gross Profit X 100 Net Sales PROFITABILITY RATIOS 2008-09 2009-10 Gross Profit Margin (%) 11.29 17.11
  • 21. Profitability Ratios Net Profit Ratio = Net Profit X 100 Net Sales PROFITABILITY RATIOS 2008-09 2009-10 Net Profit Margin (%) 8.20 14.77
  • 22. TITLE An Attitudinal Study on Dealers towards Pidilite Adhesives in Rural Market of Malwa Region of Punjab
  • 23. Objectives To study the brand awareness of Pidilite. To study the Problems faced by the dealers with respect to Pidilite Adhesives. To study the satisfaction level of dealers regarding Pidilite Adhesives.
  • 24. Research Methodology Research Design:- Descriptive Research Design Data Collection:- The data with respect to the study was collected in both ways, i.e. Primary Data Secondary Data
  • 25. Universe:- All the dealers who are selling adhesives of Pidilite in India. Population :- All the dealers who are selling adhesives of Pidilite in Malwa Region of Punjab. Sampling Unit :- Sampling unit is any person who is involved in selling the adhesives of pidilite in towns and villages of malwa region of Punjab.
  • 26. SAMPLE SIZE :- The number of respondents included in the study was 70 SAMPLING TECHNIQUE :- Selection of population was done on the basis of Convenience Sampling ( convenience of location )
  • 27. LIMITATIONS OF STUDY  Their responses may be biased.  Only limited to the Rural areas of Malwa Region of Punjab.  Sample size was limited.  The dealers were not willing to express their opinions.
  • 28. DATA ANALYSIS Table No.4.1 Selling any kind of adhesive (N = 70) Option No. of Respondents %age of Respondents Yes 70 100 No 0 0
  • 29. Option No. of Responses %age of Respondents Pidilite 70 83.33 Stylem 5 5.95 Carpenter 3 3.57 Jeevanjor 6 7.14 Table No. 4.2 Company’s adhesive you are selling. (N=70) (n = 84)
  • 30. Table No. 4.3 Awareness of Adhesives being offered by Pidilite Option No. of Respondents %age of Respondents Yes 70 100 No 0 0 (N = 70)
  • 31. Table No. 4.4 Factor is important by you while purchasing a product Option No. of Responses %age of Respondents Price 20 19 Brand 30 29 Quality 39 38 After sales service 15 14 (n = 104)
  • 32. Table No. 4.5 Preference to purchase these Adhesives Option No. of Respondents %age of Respondents Distributer 47 67 Company 18 26 Broker 05 7 (N = 70)
  • 33. Table No. 4.6 Satisfaction level of respondents Factors Highly dissatisfi ed Dissatisfi ed Neutral satisfied Highly satisfied Total Mean Weight -2 -1 0 1 2 Respond ents 0 2 11 32 26 70 Satisfacti on Level -0 -2 0 32 52 82 1.71=(82 /70) (N = 70)
  • 34. Option No. of Respondents %age of Respondents 0-20 kg 0 0 20-50 kg 5 7 50-100 kg 45 64 More Than 100 kg 20 29 Table No. 4.7 Monthly selling of Pidilite Adhesives (N = 70) ( n = 70 )
  • 35. Table No. 4.8 Faced any problem with Adhesives Option No. of Respondents %age of Respondents Never 59 84 Rarely 2 3 Few Times 9 13 Many times 0 0 (N = 70)
  • 36. Table No. 4.9 Kind of problems have you faced Option No. of Responses %age of Respondents Price 7 28 After Sale Service 13 52 Quality 5 20 (n = 25) ( N = 11)
  • 37. Table No. 4.10 Ranking the Pidilite adhesives are used in the market Options Fevicol Fevicol SH SR 998 Foam Fix Fevitite Reponses 125 110 233 301 332 (N = 70) (N= 70)
  • 38. Table No. 4.11 Recommendation of these Adhesives to others Option No. of Respondents %age of Respondents Yes 70 100 No 0 0 (N = 70)
  • 39. Findings  Some of the dealers are not satisfied with after sales service of the pidilite.  quality and brand name is very important while they purchase a adhesives.  selling of fevicol and fevicol SH is much more selling than other adhesives.  Most of dealers want to purchase the adhesives from the distributers.
  • 40. Conclusion  Pidilite is very satisfying adhesives among the customers.  Every year pidilite try to introduce new adhesives/products in the market.  Almost all the dealers are satisfied with the quality pidilite adhesives.  It is necessary to change some policies of pidilite.
  • 41.  company should provide proper after sales service to the dealers.  In Adhesives like Dr. Fixit, lack of thickness as a result it does not give proper benefit and stickiness to the other materials so company should try to solve these problems.  company should provide the booklets to dealers so that they can know how to use these adhesives. Suggestions