Kansai Nerolac Paints

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Kansai Nerolac Paints was at first known as Goodlass Nerolac Paints. The Kansai Nerolac Paints Ltd produces various kinds of products that range from industrial sophisticated coatings for the industries to architectural coatings for hospitals, homes, and offices.

Kansai Nerolac Paints Company has manufacturing units situated in Vatva, Lote Parshuram, Jainpur, Bawal, and Perungudi. The total production capacity of the plants of the company is around 161,100 TPA and all the plants are technologically advanced and comparable to most state-of-the-art plants in the world. Kansai Nerolac Paints has a very wide network of more than 11,000 dealers spread all over the country.

Kansai Nerolac Paints is a market leader in the sector of automotive segment where it supplies more than 90% of the required original equipment. Kansai Nerolac Paints is the 2nd biggest company in the coating sector in India where it has more than a 20% market share. The company has entered into collaboration with Oshima Kogya Company, Japan and E.I. Du-Pont de Nemours & Company Inc., USA for the manufacture of various innovative items and a brand new product line.

The total income of the Kansai Nerolac Paints Company amounted to ` 2732.9 million in 2005-2006 which shot up to ` 3270 million by 2006-2007. The net profit of the company amounted to ` 271.00 million in 2005-2006 and the next year the net profit of the company increased to ` 324.7 million. Kansai Nerolac Paints Ltd. is planning to expand by setting up a paint facility at Hosur with an investment of around ` 690 million.

Latest Financial Figures(Figures in Rs. Crores)
ET 500 Rank(2011)299
Profit after Tax(PAT)205.98
MCAP (Market Capitalization)4549.15

Kansai Nerolac Paints prides itself on its organizational strengths such as its values, vision, R&D, experience, strategic alliances, marketing skills, and its extensive distribution network. The various plants of Kansai Nerolac Paints have been certified by agencies such as BVQI and Intertek, ISO 14000, ISO 9000 2000, OHSAS 18000 are just some of the certifications that Kansai Nerolac Paints has received for its efficiencies in work processes and standards.

Kansai Nerolac Paints has become one of the topmost companies in the coating sector in India due to its quality of products which are the best in the market. The company has a presence in several Indian states such as West Bengal, Assam, Gujarat, Haryana, U.P, M.P, and Maharashtra. Kansai Nerolac Paints is headed by Mr. Jamshed J. Irani who is the chairman of the company. Mr. Harishchandra Bharukha is the managing director of Kansai Nerolac Paints which employs more than 2000 people.

Last Updated on 1/4/2012

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