May 2026
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Largest Building Products Public Companies in India
Benchmark revenue and EBITDA valuation multiples for public comps like
Pidilite, Honeywell Automation and ACC.
 | Pidilite Industries Ltd manufactures and sells paints, adhesives, and sealants in two segments based on the customer: The Branded Consumer & Bazaar segment, which generates the majority of revenue, sells adhesives and sealants, construction and paint chemicals, art and craft materials, and others. These products are widely used by carpenters, painters, plumbers, mechanics, households, students, offices, etc. The Business to Business segment sells industrial products such as industrial adhesives, resins, and organic pigments and preparations, etc., and caters to various industries like packaging, joineries, textiles, paints, printing inks, paper, leather, etc. Pidilite Industries sells its products through dealers and distribution networks. The vast majority of its revenue comes from India. | $15 | -8% | $16B | $15B | 9.9x | 39.0x | ||
| Honeywell Automation India Ltd provides automation and control systems in India and internationally. The company offers distributed control systems, transmitters, programmable logic controllers, emergency shutdown systems, quality control systems, software solutions, industrial Internet of Things solutions, and comprehensive life cycle services. It also provides building management systems, fire detection and alarm systems, access control systems, video surveillance systems, integrated security systems, and integrated building management systems. The company operates in a single segment, Automation and Control Systems, and derives a majority of its revenue from India. | $370 | -11% | $3B | $3B | 5.8x | 35.2x | ||
| ACC Ltd manufactures and sells cement, concrete, and cement-related products under the ACC brand. The firm operates in two segments based on the products: Cement and Ready Mix Concrete. The Cement segment, which generates the vast majority of revenue, sells cement to the construction and building industries as well as home improvement retailers. The Ready Mix Concrete segment sells concrete for infrastructure, industrial construction, and mass housing projects. Nearly all of the firm's revenue comes from India. | $15 | -29% | $3B | $3B | 1.0x | 7.3x | ||
| Median | $15 | -11% | $3B | $3B | 5.8x | 35.2x |
Financial data powered by FactSet and Morningstar. Valuation multiples as of current fiscal year. For more data, start your free trial here.
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