Here you get to know about the Profile of Kansai Nerolac Paint Ltd, Parent company Kansai Paint Co. Ltd, Financials, Manufacturing Plants and the company History.
Kansai Nerolac Paint Ltd is a subsidiary of Kansai Paints Co. Ltd, Japan, Kansai Nerolac Paints Limited (KNPL) is one of India’s leading players in the Paint industry. Parent Company Kansai Paint Co. Ltd., Japan has 74.99% holding.
Company Profile of Kansai Nerolac Paints
Kansai Nerolac is also the second-largest coating company in India and a market leader in Industrial Coatings.
- Turnover: Rs 5487 Cr
- Market Cap: 19,595 Cr.
- ROE: 13.38 %
- Sales Growth (3Yrs): 12.92 %
- Face Value: 1.00
- Promoter holding: 74.99 %
- Debt to equity: 0.06
- Price to book value: 5.21
In 1920, Gahagan Paints and Varnish came into being at Lower Parel in Mumbai. It is the second-largest paint company in India and one of the most trusted names in the industry. The company has more than 27500+ customers network and 104 depots pan India.
Nerolac recognized as one of the Best & Valuable Brands for 2018-19 by organizations – Economic Times and Interbrand.
Parent Company Kansai Paint
Kansai Paint Co. Ltd., is a Japanese, Osaka-based paint and coatings’ company whose main products are automotive, industrial and decorative coatings. The company was founded in 1918.
It is one of the world’s top eight paint manufacturers with manufacturing sites in over 43 countries and presence in over 66 countries across the world. In recent years, the group has been accelerating the pace of globalization and expanding its business activities throughout the world with multiple M&A and greenfield initiatives.
It is among the top 5 global automotive paint companies. It has a gross sale of more than 3.9B USD and has market capitalization of 5.01 USD Billion as on 1st January 2020. Kansai Paint Co.Ltd. is also an industry leader in the research and development of new paint and coatings technologies.
H.M. Bharuka Vice Chairman and Managing Director
Mr. H. M. Bharuka, Vice-Chairman and Managing Director.
Nerolac Paints Manufacturing Plant Location
The Company has Six Manufacturign plants in India
- Jainpur-UP,
- Bawal-Haryana,
- Hosur-TN,
- Lote-Maharashtra,
- Sayakha-Gujarat,
- Goindwal-Punjab.
- 1 upcoming plant (Andhra Pradesh)
Nerolac India Subsidiaries and Joint Ventures
Apart from its primary operations in India, KNPL operates in Nepal, Sri Lanka, and Bangladesh through acquisitions and joint ventures. The Company has three subsidiaries abroad, namely
- KNP Japan Private Limited in Nepal,
- Kansai Paints Lanka (Private) Limited in Sri Lanka and
- RAK Paints Limited In Bangladesh.
Nerolac Company India Strong Legacy 99 Years of History
- 1920 Started as Gahagan Paints and Varnish Co. Ltd
- 1957 Changed name to Goodlass Nerolac Paints Ltd.
- 1976 Became Part of TATA group
- 1986 Acquisition of stake by Kansai Paint, Japan
- 2000 Became subsidiary of Kansai Paint, Japan
- 2006 Change of name to Kansai Nerolac Paints Ltd.
- 2012 Acquisition in Nepal
- 2017 Commencement of operations in Sri Lanka
- 2018 Acquisition of Marpol (Powder Coating)
- Acquisition in Bangladesh(RAK Paints)
- Acquisition of Perma (Construction Chemicals)
- 2019 Joint Venture with Polygel (Adhesives)
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