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$990 million) (2024) [2] |
₹1,561 crore (US$200 million) (2024) [2] | |
₹1,176 crore (US$150 million) (2024) [2] | |
Total assets | ₹7,410 crore (US$930 million) (2024) [2] |
Total equity | ₹5,599 crore (US$700 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..
Paint is a material or mixture that, after applied to a solid material and allowed to dry, adds a film-like layer. As art, this is used to create an image, known as a painting. Paint can be made in many colors and types. Most paints are either oil-based or water-based, and each has distinct characteristics.
Akzo Nobel N.V., stylized as AkzoNobel, is a Dutch multinational company which creates paints and performance coatings for both industry and consumers worldwide. Headquartered in Amsterdam, the company has activities in more than 150 countries. AkzoNobel is the world's third-largest paint manufacturer by revenue after Sherwin-Williams and PPG Industries.
Mumbai, often described as the New York of India, is the financial centre and the most populous city of India with an estimated city proper population of 12.5 million (1.25 crore). The city is the entertainment, fashion, and commercial centre of India. Mumbai hosts the largest urban economy of any city in India as it is the financial capital of an almost US$ 4 trillion Indian economy in nominal terms. As of 2021, Mumbai Metro's nominal GDP is estimated to be US$277.98 billion,and GDP (PPP) is estimated to be US400 billion, Mumbai's GDP (PPP) per capita rounds up to around US$23,000. It is the richest Indian city and 12th richest city in the world with a net wealth of around US$1 trillion with 46,000 millionaires and 92 billionaires. Mumbai accounts for slightly more than 6.16% of India's economy, contributing 10% of factory employment, 30% of income tax collections, 45% of entertainment tax, 60% of customs duty collections, 20% of central excise tax collections, 40% of foreign trade, 100% of stock market assets and rupees 1,60,000 crore in corporate taxes to the Indian economy.
Lead paint or lead-based paint is paint containing lead. As pigment, lead(II) chromate, lead(II,IV) oxide,, and lead(II) carbonate are the most common forms. Lead is added to paint to accelerate drying, increase durability, maintain a fresh appearance, and resist moisture that causes corrosion. It is one of the main health and environmental hazards associated with paint. Lead paint has been generally phased out of use due to the toxic nature of lead. Alternatives such as water-based, lead-free traffic paint are readily available.
Sherwin-Williams Company is an American company based in Cleveland, Ohio. It is primarily engaged in the manufacture, distribution, and sale of paints, coatings, floorcoverings, and related products to professional, industrial, commercial, and retail customers, primarily in North and South America and Europe. At the end of 2020, Sherwin-Williams had operations in over 120 countries.
Dulux is an internationally available brand of architectural paint originated from the United Kingdom. The brand name Dulux has been used by both Imperial Chemical Industries (ICI) and DuPont since 1931 and was one of the first alkyd-based paints. It is produced by AkzoNobel although the North American market is now served by PPG Industries.
Tikkurila Oyj is a Finnish manufacturer of paints and lacquers. The main office and most of the production is located in Kuninkaala, Vantaa near Helsinki.
Pidilite Industries Limited is an Indian adhesives manufacturing company based in Andheri (East), Mumbai. The company is the dominant and leading adhesives company in India. Pidilite also manufactures products across verticals such as art materials and stationery; food and fabric care; car products, adhesives, and sealants; and speciality industrial products like adhesives, pigments; textile resins, leather chemicals, and construction chemicals.
Grasim Industries Limited is an Indian manufacturing company based in Mumbai. Since its inception in 1947 as a textile manufacturer, Grasim has diversified into textile raw materials like viscose staple fiber (VSF) and viscose filament yarn, chemicals and insulators, along with cement and financial services through its subsidiaries UltraTech Cement and Aditya Birla Capital respectively. The company is a part of the Aditya Birla Group.
Automotive paint is paint used on automobiles for both protective and decorative purposes. Water-based acrylic polyurethane enamel paint is currently the most widely used paint for reasons including reducing paint's environmental impact.
Lote Maharashtra Industrial Development Corporation (MIDC) area is located in the Khed taluka, in the Ratnagiri district of Maharashtra state in India. It is adjacent to Dhamandevi village. They export to the Americas and Europe.
Jotun is a Norwegian multinational chemicals company dealing mainly in decorative paints and performance coatings. It is one of the world's largest manufacturers of paints and coating products. Jotun manufactures paints and varnishes for marine and industrial purposes, synthetic resins, floor coverings, polyurethane foam, heavy-duty coatings, binders, unsaturated polyesters, glass-fiber reinforced polyester pipes, tanks, and more.
Hempel A/S is a global supplier of coatings and paints in the protective, marine, decorative, container and yacht industries. Fully owned by the Hempel Foundation, the company was founded in Copenhagen, Denmark in 1915.
Axalta Coating Systems Ltd., also known as simply Axalta, is an American company specializing in coatings in a wide variety of industrial applications, materials and sectors, including automotive paints. The company is based in Philadelphia, Pennsylvania, and incorporated in Bermuda. Axalta develops and manufactures coatings for light and commercial vehicles, industrial, and refinish applications. The firm does business in 130 countries, has nearly 13,000 employees, and has more than 100,000 customers.
Kansai Paint Co., Ltd. is a Japanese, Osaka-based chemical company whose main products are automotive, industrial and decorative coatings.
Nuplex Industries Limited was a global manufacturer and distributor of resins used in decorative paints and industrial and performance coatings with operations in Europe, Asia, the Americas, Australia and New Zealand. They were a publicly listed company on the NZX50 index in New Zealand.
Asian Paints Ltd is an Indian multinational paint company, headquartered in Mumbai. The company is engaged in the business of manufacturing, selling and distribution of paints, coatings, products related to home décor, bath fittings and providing related services.
Berger Paints India Ltd is an Indian multinational paint company, based in Kolkata. This company has 16 manufacturing units in India, 2 in Nepal, 1 each in Poland and Russia. It has manufacturing units at Howrah and Rishra, Arinso, Taloja, Naltoli, Goa, Devla, Hindupur, Jejuri, Jammu, Puducherry and Anand. The company has presence in five countries – India, Russia, Poland, Nepal and Bangladesh. It has an employee strength of over 3,600 and a countrywide distribution network of more than 25,000 dealers.
Indigo Paints Limited is an Indian paint company that is headquartered in Pune, Maharashtra, and has five manufacturing facilities that are located at Jodhpur, Kochi and Pudukkottai. The company is engaged in manufacturing, selling and distribution of decorative paints, Emulsion, enamels, waterproofing & chemical constructions, wood coatings, distemper, primers, putties and cement paints.
ResenePaints LTD is a New Zealand paint and building materials manufacturer and retailer.