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Annual Revenue,rose 0.87%, in the last year to ₹7,962.12 Cr. Its sector's average revenue growth for the last fiscal year was 22.33%.Price to Earning Ratio,is 17.49, lower than its sector PE ratio of 60.2.Quarterly Revenue,rose 1.36% YoY to ₹2,214.64 Cr. Its sector's average revenue growth YoY for the quarter was 14.56%.
Kansai Nerolac Paints Limited (KNPL) is an Indian paint manufacturer incorporated in 1920 and is a subsidiary of Kansai Paint Co., Ltd., Japan. The company manufactures and supplies paints, varnishes, enamels and lacquers, serving a broad spectrum of consumer and industrial needs across India and select international markets in Asia . Its offering spans decorative and industrial coatings, with a strong technology and R&D-led approach to product development and applications across sectors .
KNPL’s product portfolio covers Automotive Performance Coatings (liquid), High Performance Coatings, Powder Coatings and Auto Refinish, catering to passenger and commercial vehicles, tractors, 2- and 3-wheelers, white goods, metal, chemicals and fertilisers, infrastructure, railways, pre-engineered buildings, architectural frameworks, and more. Key offerings include CED/ACED primers, 3-Coat 1-Bake systems, epoxy and polyurethane systems, heat-resistant coatings, floor coatings, rebar and pipe powders, and refinishing solutions, among others .
Operationally, KNPL has nine manufacturing plants in India, a centralised R&D unit at Navi Mumbai and five satellite R&D units. Its network includes 114 depots and seven Regional Distribution Centres, underpinning a national reach from its registered office in Mumbai . Internationally, KNPL operates through 4 subsidiaries in Nepal, Sri Lanka, Bangladesh and India (adhesives/construction chemicals), reflecting a regional footprint beyond India . In FY 2024-25, installed capacity was scaled to 664.3 Million litres, and the company’s coatings were supplied to marquee projects such as the Mumbai Trans Harbour Link, Mumbai Coastal Road, and the India International Convention Centre – Yashobhoomi, among others—marking key milestones in execution and capability .
– Bhaskar Bhat – Chairman, Non-Executive, Independent Director
– Pravin D. Chaudhari – Managing Director (from April 1, 2025)
– Hirokazu Kotera – Executive Director (from August 1, 2024)
– P. D. Pai – Chief Financial Officer (CFO)
– G. T. Govindarajan – Company Secretary
– Leadership transition: Anuj Jain retired on March 31, 2025; Pravin D. Chaudhari took over as Managing Director from April 1, 2025 .
– Capacity strengthened to 664.3 Million litres in FY 2024-25, supporting growth across decorative and industrial lines .
– NxtGen Painting Service expanded its presence to 250+ cities, enhancing consumer service reach .
– Digital marketing initiatives delivered a 20 Per cent increase in organic traffic and a 15 Per cent rise in organic leads, boosting brand visibility and customer acquisition .
– Influencer programmes: 8,000+ architects onboarded via the ‘Illuminati’ initiative; over 80,000 painters trained through classroom and hands-on sessions .
– Projects footprint widened with geographical expansion to 80+ towns in the year .
– Recognition: KNPL’s Hosur plant won the Best Quality Supplier Award from TKML for quality and green project initiatives .
– Innovation and capability-building: ‘Avinya’ (two seasons) focused on idea quality and execution; ‘Unnati+’ launched to offer dedicated development plans and a personalised development centre for employees .
The company was incorporated in 1920. It is listed in India and operates as a subsidiary of Kansai Paint Co., Ltd., Japan .
KNPL manufactures and supplies paints, varnishes, enamels and lacquers across decorative and industrial applications. Manufacturing constitutes the company’s main business activity .
. In India, KNPL operates nine plants, a central R&D centre, five satellite R&D units, 114 depots and seven RDCs. It also has 4 subsidiaries across Nepal, Sri Lanka, Bangladesh and India, reflecting a wider Asian presence .
