Nerolac Paints

#3740

Rank

$2.54B

Marketcap

India

Country

Leadership team

Mr. Anuj Jain (MD & Whole-Time Director)

Mr. Prashant D. Pai (CFO & Director of Fin.)

Mr. G. T. Govindarajan (Compliance Officer & Sec.)

Products/ Services

Chemical, Home Decor, Manufacturing, Service Industry

Number of Employees

1,000 - 20,000

Headquarters

Mumbai, Maharashtra, India

Established

1920

Net Income

20M - 100M

Revenue

500M - 1B

Traded as

KANSAINER.NS

Social Media

URL

https://www.nerolac.com

Overview

Location

Recognition and Award

References

Summary

Kansai Nerolac Paints Limited manufactures and sells paints and varnishes, enamels, or lacquers in India. It offers interior and exterior decorative wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; and automotive and powder coatings, performance coatings liquid, auto refinish, primers, wood finishes, and construction chemicals. The company also develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers, and furniture industries. In addition, it provides disinfectant, hand sanitizers, and multi surface protective sheets. The company was formerly known as Goodlass Nerolac Paints Limited and changed its name to Kansai Nerolac Paints Limited in April 2006. The company was incorporated in 1920 and is based in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.

History

1920 : It started as Gahagan Paints & Varnish Co. Ltd. at Lower Parel in Mumbai.

1957 : Goodlass Wall Pvt. Ltd. grew popular as Goodlass Nerolac Paints Ltd. Also, it went public in the same year and established itself as Goodlass Nerolac Paints Ltd. .

1976 : Goodlass Nerolac Paints Ltd. became a part of Tata Forbes Group on acquisition of a part of the foreign shareholdings by Forbes Gokak. .

1983 : Goodlass Nerolac Paints Ltd. strengthened itself by entering in technical collaboration agreement by Kansai Paint Co. Ltd., Japan and Nihon Tokushu Tokyo Co. Ltd., Japan.

1999 : Kansai Paint Co. Ltd. , Japan took over the entire stake of Tata Forbes group and thus Goodlass Nerolac Paints became wholly owned subsidiary of Kansai Paint Company Ltd.

2006 : On 11 July, Goodlass Paint Ltd. name has been changed to Kansai Nerolac Paints Ltd.

Mission

We leverage superior technology to contribute to our Customers and Society, in a sustainable manner, with innovative Products and Services, through a competent workforce, built on a culture of Customer Focus, Integrity and Respect to our Stakeholders.

Vision

We design solutions that protect, inspire and touch lives everyday.

Key Team

Mr. Sudhir Rane (Sr. VP of HR & International Operations)

Mr. Abhijit M. Natoo (Sr. VP of Manufacturing)

Mr. Laxman Nikam (VP of Technical)

Mr. Rohit Malkani (Sr. VP of Decorative Sales & Marketing)

Mr. Jason S. Gonsalves (Chief Risk Officer and Director of Corp. Planning, IT & Materials)

Recognition and Awards

Kansai Nerolac Paints has been granted numerous awards including the 2nd Runner Up award in the 'Digital or Online Campaign – Services Industry' category and Market Milestone award in the 'Best use of Content Marketing' category at the IBIA Awards 2018, Corporate Citizen of the Year – Gold Award by ET NOW and others.