Kansai Nerolac Paints Ltd - Company Profile
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Kansai Nerolac Paints Ltd (KNPL), a subsidiary of Kansai Paints Co Ltd, is a paints and coatings company. It offers a broad range of products such as decorative paints and coatings to offices, homes, hospitals and hotels, and industrial coatings to various industries. The company’s products find application in automotive, chemicals, construction, general industrial and agricultural sectors. The company operates manufacturing plants in various cities of India, which include Jainpur, Uttar Pradesh; Bawal, Haryana; Hosur, Tamil Nadu; Lote, Maharashtra; Goindwal, Punjab and Sayakha, Gujarat. The company has a presence in the Philippines, Kenya, Malaysia, Nepal, Bangladesh and Sri Lanka. KNPL is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
Ganpatrao Kadam Marg, Lower Parel, Mumbai, Maharashtra, 400013
Website
www.nerolac.com
Telephone
91 22 24934001
No of Employees
3,379
Industry
Chemicals
Ticker Symbol & Exchange
KANSAINER (NSE)
Revenue (2022)
$961.2M
18.4%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
32%
(2022 vs 2021)
Market Cap*
$2.6B
Net Profit Margin (2022)
XYZ
11.6%
(2022 vs 2021)
* As of and is in US$
Kansai Nerolac Paints Ltd premium industry data and analytics
Products and Services
| Products | Brands |
|---|---|
| Decorative Paints | Nerolac |
| Industrial Coatings: | SoldierSwirl |
| Automotive Coatings | Perfect Match |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Regulatory Approval | In March, the company secured approval from the Board of Kansai Nerolac Paints for the acquisition of 40% share of Nerofix from Polygel. |
| 2023 | Contracts/Agreements | In February, the company agreed to acquire remaining 40% stake in Nerofix Private Limited from Polygel Industries Private Limited. |
| 2020 | New Products/Services | In September, the company launched anti-viral paint – Excel Virus Guard, an interior emulsion paint with active anti-viral and anti-microbial properties. |
Competitor Comparison
| Key Parameters | Kansai Nerolac Paints Ltd | Asian Paints Ltd | Berger Paints India Ltd | Akzo Nobel India Ltd | Jyoti Resins and Adhesives Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Mumbai | Kolkata | Gurgaon | Ahmedabad |
| State/Province | Maharashtra | Maharashtra | West Bengal | Haryana | Gujarat |
| No. of Employees | 3,379 | 8,056 | 4,088 | 1,494 | 450 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Pradip Panalal Shah | Chairman | Executive Board | - | - |
| Anuj Jain | Director; Managing Director | Executive Board | 2022 | 54 |
| Prashant Pai | Chief Financial Officer; Director - Finance | Senior Management | - | - |
| Amrit Rekhi | Vice President - Industrial Sales | Senior Management | - | - |
| Abhijit Natoo | Senior Vice President - Manufacturing | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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