Company type | Public |
---|---|
BSE:
500165 NSE: KANSAINER | |
Industry | Chemicals |
Founded | 1920 |
Headquarters | , |
Area served | India |
Key people | Mr Anuj Jain ( Managing Director & CEO) [1] |
Products | |
Revenue | ₹7,893 crore (US$950 million) (2024) [2] |
₹1,561 crore (US$190 million) (2024) [2] | |
₹1,176 crore (US$140 million) (2024) [2] | |
Total assets | ₹7,410 crore (US$890 million) (2024) [2] |
Total equity | ₹5,599 crore (US$670 million) (2024) [2] |
Number of employees | 2,992 (2020) [2] |
Parent | Kansai Paint |
Website |
nerolac |
Kansai Nerolac Paints Limited (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. [3] [4] [5] It is a subsidiary of Kansai Paint of Japan. [6] As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. [7] It is engaged in the industrial, automotive and powder coating business. [8] It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries. [9] [10]
Kansai Nerolac Paints has 6 paint manufacturing plants and about 6–7 contract manufacturers. The Nerolac owned plants are at 1. Jainpur, Kanpur Dehat ( Uttar Pradesh) 2. Bawal ( Haryana) 3. Lote, Chiplun ( Maharashtra) 4. Hosur ( Tamil Nadu) 5. Sayakha ( Gujarat) 6. Goindwal ( Punjab) 7. Visakhapatnam ( Andhra Pradesh) (Upcoming [13])
Kansai Nerolac Paints Ltd. has entered into many technical collaborations with other industry leaders such as E.I. Du-products. [14]
The Mumbai-based company is the leader in the industrial paints segment with a market share of over 40%. [15] It is the third-largest player in the decorative paints segment with a modest market share of 13%. Nearly 75% of the Indian paints industry consists of the decorative segment. [16]
Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May 1918. [17] Kansai Paint is a comprehensive manufacturer of paints and coatings. The Products include- Automotive Coatings, Industrial coatings, Decorative coatings, Protective coatings and Marine Coatings. [18] They are also present in U.K., Turkey, U.S., Canada, Mexico, UAE. [18]
Technologically innovative products are the company's hallmark. Kansai Nerolac Paint offers differentiated products with a focus on being eco-friendly and healthy. [19] Kansai Nerolac Paint's key products and brands include the following:
Kansai Nerolac has run advertising campaigns, including television commercials, with Bollywood actors including, Shah Rukh Khan & Ranveer Singh [21] and radio station Red FM..
Company type | Public |
---|---|
BSE:
500165 NSE: KANSAINER | |
Industry | Chemicals |
Founded | 1920 |
Headquarters | , |
Area served | India |
Key people | Mr Anuj Jain ( Managing Director & CEO) [1] |
Products | |
Revenue | ₹7,893 crore (US$950 million) (2024) [2] |
₹1,561 crore (US$190 million) (2024) [2] | |
₹1,176 crore (US$140 million) (2024) [2] | |
Total assets | ₹7,410 crore (US$890 million) (2024) [2] |
Total equity | ₹5,599 crore (US$670 million) (2024) [2] |
Number of employees | 2,992 (2020) [2] |
Parent | Kansai Paint |
Website |
nerolac |
Kansai Nerolac Paints Limited (formerly known as Goodlass Nerolac Paints Ltd) is the largest industrial paint and third largest decorative paint company of India based in Mumbai. [3] [4] [5] It is a subsidiary of Kansai Paint of Japan. [6] As of 2015, it has the third largest market share with 15.4% in the Indian paint industry. [7] It is engaged in the industrial, automotive and powder coating business. [8] It develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers and furniture industries. [9] [10]
Kansai Nerolac Paints has 6 paint manufacturing plants and about 6–7 contract manufacturers. The Nerolac owned plants are at 1. Jainpur, Kanpur Dehat ( Uttar Pradesh) 2. Bawal ( Haryana) 3. Lote, Chiplun ( Maharashtra) 4. Hosur ( Tamil Nadu) 5. Sayakha ( Gujarat) 6. Goindwal ( Punjab) 7. Visakhapatnam ( Andhra Pradesh) (Upcoming [13])
Kansai Nerolac Paints Ltd. has entered into many technical collaborations with other industry leaders such as E.I. Du-products. [14]
The Mumbai-based company is the leader in the industrial paints segment with a market share of over 40%. [15] It is the third-largest player in the decorative paints segment with a modest market share of 13%. Nearly 75% of the Indian paints industry consists of the decorative segment. [16]
Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May 1918. [17] Kansai Paint is a comprehensive manufacturer of paints and coatings. The Products include- Automotive Coatings, Industrial coatings, Decorative coatings, Protective coatings and Marine Coatings. [18] They are also present in U.K., Turkey, U.S., Canada, Mexico, UAE. [18]
Technologically innovative products are the company's hallmark. Kansai Nerolac Paint offers differentiated products with a focus on being eco-friendly and healthy. [19] Kansai Nerolac Paint's key products and brands include the following:
Kansai Nerolac has run advertising campaigns, including television commercials, with Bollywood actors including, Shah Rukh Khan & Ranveer Singh [21] and radio station Red FM..