Kansai Nerolac Paints Ltd

In 1920, Gahagan Paints and Varnish got here into being at Lower Parel in Mumbai. A century later, this paint corporation remains in an enviable position- that of being the second biggest paint corporation in India and one of the maximum relied on names withinside the industry.

• Total Sales: Rs 5,504 Cr.
• Profit: 531 Cr
• Market Cap: 28,264 Cr.
• ROE: 13.38 %
• Sales Growth (3Yrs): 12.92 %
• Promoter holding: 74.99 %
• Debt to equity: 0.05
• Price to book value: 7.89

Kansai Nerolac is the second biggest coating business enterprise in India and a marketplace chief in Industrial Coatings. SRK has become the emblem ambassador for Nerolac. GNPL signed a TAA with Kansai Paints Co. Ltd., of Japan in Osaka in 1986 for the manufacture of Cathodic Electrodeposition Primer and different state-of-the-art coatings for the automobile products. GNPL turned into the primary business enterprise to introduce this generation in India.

Founded: 1920
Headquarters: Mumbai, Maharashtra, India
Website: nerolac.com