What we do Kansai Nerolac Paints Ltd is one of India's largest paint manufacturers, specializing in decorative, automotive, industrial, and performance coatings. |
Founded in 1,920 |
Market share Top 3 in India's decorative paints; leader in automotive and powder coatings segments. |
Problem solved Provides protective and aesthetic coating solutions enhancing durability and beauty for homes, vehicles, and industries. |
Top clients or who we serve B2B and B2C; serves automotive manufacturers, industrial clients, construction, and end consumers via dealers and contractors. |
Key management - |
Our journey and innovations Founded in 1920; collaborated with global leaders; multiple acquisitions expanded footprint; pioneer in antiviral and eco-friendly paints. |
Where we operate India, Nepal, Sri Lanka, Bangladesh; growing international presence in SAARC region. |
Top products or what we offer Decorative paints, automotive coatings, wood finishes, construction chemicals, powder and liquid industrial coatings, adhesives. |
Top brands Nerolac, Nerolac Paint+, Nerolac Excel, Nerolac Wonderwood, Marpol Powder Coatings, Nerofix Adhesives. |
Raw materials needed Synthetic resins, pigments, solvents, chemicals, additives, binders for paint formulations. |
Raw materials supplier Suppliers include local and international chemical manufacturers, with ~75% sourcing from India. |
Recurring vs cyclical contribution Revenue is a mix of recurring decorative and cyclical industrial/automotive coatings. |
Our industry position Market leader in automotive and powder coatings; strong presence in decorative paints; technology and brand moat. |
Financial highlights FY 2024-25 revenue ₹7,497 Cr; net profit ₹1,021 Cr; robust EBITDA; sustained growth with innovation focus. |
Geographical revenue split Majority revenue from India (~97%); international operations in Nepal, Sri Lanka, Bangladesh (~3%). |
Order book - |
Whats driving growth Infrastructure development, vehicle production, premiumization, eco-friendly products, and digital engagement. |
Our future plans Capacity expansions in Andhra Pradesh and Gujarat; ongoing R&D; expanding retail footprint and services. |
Our green promise Committed to water positivity, emission reductions, green energy, and sustainability across operations. |
Our people and values About 3,859 employees; focus on diversity, well-being, innovation culture, and leadership development. |
Key challenges ahead Competitive pricing pressure, raw material cost volatility, geopolitical risks impacting supply chain. |
Interesting facts Launch of India's first antiviral paint; strong digital and dealer network expansion; multiple sustainability awards. |
Risks and strategy Manages commodity price and geopolitical risks via supply chain agility, product innovation, and financial prudence. |
