Kansai Nerolac Paints

Kansai Nerolac Paints Limited
Company type	Public
Traded as	BSE: 500165; NSE: KANSAINER
Industry	Chemicals
Founded	1920
Headquarters	Mumbai, Maharashtra, India
Area served	India
Key people	Mr Anuj Jain (Managing Director & CEO)
Products	Chemicals; Decorative paints; Industrial finishing products; Coatings;
Revenue	₹7,893 crore (US$950 million) (2024)
Operating income	₹1,561 crore (US$190 million) (2024)
Net income	₹1,176 crore (US$140 million) (2024)
Total assets	₹7,410 crore (US$890 million) (2024)
Total equity	₹5,599 crore (US$670 million) (2024)
Number of employees	2,992 (2020)
Parent	Kansai Paint
Website	nerolac.com

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 appoints Anuj Jain as Managing Director". The Economic Times. 19 February 2022.
^ ^a ^b ^c ^d ^e ^f "Kansai Nerolac Paints Financial Statements" (PDF). bseindia.com. Retrieved 4 May 2024.
^ "Paint industry smells a huge opportunity in economic growth | Mint Money". Mintmoney.livemint.com. 7 July 2010. Retrieved 26 September 2010.^{[permanent dead link]}
^ "About | Kansai Nerolac Paints Limited". Nerolac.com. Retrieved 26 September 2010.
^ "Nerolac Paints to invest Rs 400 cr on expansion". Hindustan Times. 6 May 2010. Archived from the original on 24 May 2010. Retrieved 26 September 2010.
^ "Overseas network". Kansai Paint. Archived from the original on 10 March 2016. Retrieved 27 February 2015.
^ "CMR's India Paints Report 2016 - CyberMedia Research-CMR" (PDF). cmrindia.com. Archived from the original (PDF) on 12 November 2016. Retrieved 8 November 2016.
^ Jethmalani, Harsha (10 May 2023). "Kansai Nerolac brushes up strategy to beat competiton [sic] blues". mint.
^ "Accumulate Kansai Nerolac Paints; target of Rs 486: Prabhudas Lilladher". Moneycontrol. 13 May 2023.
^ "Kansai Nerolac Paints shares trade ex-bonus; stock up 8%". Business Today. 4 July 2023.

[1] "Kansai Nerolac appoints Anuj Jain as Managing Director". The Economic Times. 19 February 2022.

[AR2015-2] ^ ^a ^b ^c ^d ^e ^f "Kansai Nerolac Paints Financial Statements" (PDF). bseindia.com. Retrieved 4 May 2024.

[3] "Paint industry smells a huge opportunity in economic growth | Mint Money". Mintmoney.livemint.com. 7 July 2010. Retrieved 26 September 2010.^{[permanent dead link]}

[4] "About | Kansai Nerolac Paints Limited". Nerolac.com. Retrieved 26 September 2010.

[5] "Nerolac Paints to invest Rs 400 cr on expansion". Hindustan Times. 6 May 2010. Archived from the original on 24 May 2010. Retrieved 26 September 2010.

[6] "Overseas network". Kansai Paint. Archived from the original on 10 March 2016. Retrieved 27 February 2015.

[CMR-7] "CMR's India Paints Report 2016 - CyberMedia Research-CMR" (PDF). cmrindia.com. Archived from the original (PDF) on 12 November 2016. Retrieved 8 November 2016.

[8] Jethmalani, Harsha (10 May 2023). "Kansai Nerolac brushes up strategy to beat competiton [sic] blues". mint.

[9] "Accumulate Kansai Nerolac Paints; target of Rs 486: Prabhudas Lilladher". Moneycontrol. 13 May 2023.

[10] "Kansai Nerolac Paints shares trade ex-bonus; stock up 8%". Business Today. 4 July 2023.

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