Kansai Nerolac Paints Limited Overview
Pro stress-test →Kansai Nerolac Paints Limited is an India-based paints and coating manufacturer specializing in industrial coatings, engaged in manufacturing and supplying of paints, varnishes, enamels and lacquers. The company is the largest industrial paint and third largest decorative paint company of India based in Mumbai.
Strategic Profile
Pro stress-test →The company is a subsidiary of Kansai Paints Co. Ltd Japan, from whom it continuously gets support and guidance in improvement of quality standards and getting best technology upgrades. The company is the leader in the industrial paints segment with a market share of over 40% and the third-largest player in the decorative paints segment with a modest market share of 13%.
Competitive Landscape
Pro stress-test →Kansai Nerolac is the largest industrial paint company in India with over 40% market share in industrial coatings and the third-largest decorative paint player with 13% market share. The company competes with Berger Paints, Asian Paints, and Nippon Paint in decorative segments while maintaining market leadership in specialized industrial and automotive coatings.
Industry Context
Kansai Nerolac Paints Limited operates in Paints & Coatings Manufacturing.
Key facts
Founded: 1920 · Headquarters: Mumbai, India · Revenue: ₹1,907.35 crore (Q3 FY26) · Market cap: ₹166.9B (~$20B USD)