1. Asian Paints Ltd, 2. Berger Paints India Ltd, 3. Kansai Nerolac Paints Ltd, 4. Akzo Nobel India Ltd, 5. Indigo Paints, 6. Nippon Paint (India) Private Limited, 7. Shalimar Paints Ltd. This is the List of Top Paints companies in India before that take a short look at the Paint industry in India which TOPLIST will provide more useful information for you to make the best choice.
- Asian Paints Ltd
- Berger Paints India Ltd
- Kansai Nerolac Paints Ltd
- Akzo Nobel India Ltd
- Indigo Paints
- Nippon Paint (India) Private Limited
- Shalimar Paints Ltd
Asian Paints Ltd
Founded in 1942, Asian Paints is India’s main and Asia’s third-biggest paint enterprise, with a turnover of Rs 193.50 billion. It turned into the installation as a partnership organization with the aid of using 4 pals who had been inclined to take at the world’s biggest, maximum well-known paint corporations running in India at that time.
Asian Paint is one of the excellent paint manufacturers in India. Over the route of 25 years, Asian Paints have become a company pressure and India’s main paints enterprise. Asian Paint isn’t any 1 paint enterprise in India with the aid of using size.
- Total Sales: Rs 20,468 Cr
- Profit: 2,586 Cr
- Market Cap: 166,728 Cr.
- ROE: 23.98 %
- Sales Growth (3Yrs): 10.66 %
- Promoter holding: 52.79 %
- Debt to equity: 0.03
- Price to book value: 16.56
The enterprise has been the marketplace chief in paints for the reason that 1967. Today, its miles double the dimensions of every other paint enterprise in India. Asian Paints manufactures an extensive variety of paints for ornamental and business use. Asian Paint is the Largest Paint Company in India.
The Company operates in 15 international locations and has 26 paint production centers withinside the world, servicing purchasers in over 60 international locations. The enterprise is pinnacle withinside the listing of pinnacle 10 paint corporations in India
Founded: February 1942; 79 years ago
Founders: Champaklal Choksey, Chimanlal Choksi, Suryakant Dani. Arvind Vakil
Headquarters: Mumbai, Maharashtra, India
Asian Paints Logo
Berger Paints India Ltd
Berger Paints India is centered at Kolkata, with sixteen strategically placed production gadgets throughout India (which includes the subsidiaries), 2 in Nepal, 1 every in Poland and Russia, and approximately 162 inventory points. The agency additionally has a global presence in four countries (Nepal, Bangladesh, Poland, and Russia).
- Total Sales: Rs 6,404 Cr
- Profit: 615 Cr
- Market Cap: 48,493 Cr.
- ROE: 21.00 %
- Sales Growth (3Yrs): 12.80 %
- Promoter holding: 75.00 %
- Debt to equity: 0.40
- Price to book value: 18.9
Berger Paints India Limited is the second biggest paint corporation withinside the united states with a regular song file of being one of the fastest-developing paint agencies. With worker power of above 3450 except the subsidiaries and a national distribution community of 25,000+ dealers. The corporation is 2d withinside the listing of pinnacle 10 paint agencies in India with the aid of using Turnover.
Starting out as Hadfield’s (India) Limited, it had simply one manufacturing facility in Howrah, West Bengal. By the near of 1947, Hadfield became received with the aid of using British Paints (Holdings) Limited, UK, and got here to be referred to as British Paints (India) Limited. In 1983, the call of the Company became modified to Berger Paints India Limited. Currently, the bulk stake is with the Delhi-primarily based totally Dhingra brothers.
Founded: December 17, 1923; 97 years ago
Headquarters: Kolkata, West Bengal, India
Berger Paints share price: Sell Berger Paints (India), target price Rs 650
Berger Paints India Logo
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.
Headquarters: Mumbai, Maharashtra, India
Kansai Nerolac logo
Marketing Strategy of Nerolac Paints
Akzo Nobel India Ltd
Akzo Nobel India found in India for over 60 years. It is one of the main paints and coatings companies. The corporation has five working web websites in India, with workplaces and depots unfolding throughout the country. Akzo Nobel is a nice paint emblem in India.
Akzo Nobel NV received Imperial Chemical Industries Ltd., the retaining corporation of ICI India Limited, thru a scheme of association below phase 425 of the United Kingdom Companies Act 1985. The call of the Company turned into modified to its gift call, AkzoNobel India Limited.
- Total Sales: Rs 2,842 Cr
- Profit: 237 Cr
- Market Cap: 8,766 Cr.
- ROE: 15.97 %
- Sales Growth (3Yrs): 3.40 %
- Promoter holding: 74.76 %
- Debt to equity: 0.07
- Price to book value: 7.93
In 2012, three different Akzo Nobel Group organizations running in India had been merged below the umbrella of Akzo Nobel India Limited, to make it the most effective included Paints and Coatings organization in India with a presence in all segments of the Paints & Coatings space, with a relative small Chemicals’ portfolio. The chemical compounds enterprise turned into hived off in 2018, thereby making the organization a centered Paints & Coatings organization.
Founded: 1994; 27 years ago
Headquarters: Amsterdam, Netherlands
Akzo Nobel, Axalta Confirm Merger Talks
Starting withinside the yr 2000, Indigo Paints had a modest beginning. It began out with the manufacture of lower-quit Cement paints and steadily extended its variety to cowl maximum segments of water-primarily based totally paints like Exterior Emulsions, Interior Emulsions, Distempers, Primers, etc.
From an early age, the Company unfolds its footprints throughout the country, with the speedy growth of its attain throughout India. Today the Company stands proud as one of the most powerful contenders withinside the Indian paint industry, being rated as a modern paint manufacturer, which maintains popping out with specific merchandise in no way earlier than supplied withinside the country.
- Total Sales: ₹ 723 Cr
- Market Cap: ₹ 11,982 Cr.
- Dividend Yield: 0.00 %
- ROCE: 24.6 %
- ROE: 18.6 %
- Face Value: ₹ 10.0
- Promoter holding: 54.0 %
- Debt to equity: 0.02
Over time, the Company found its niche in the paint industry through innovation. It kept churning out bright new ideas for painting solutions, with alarming regularity. Gradually, the industry began looking upon the Company as a futuristic thinker and a storehouse of new product development.
With changing times and trends, Indigo Paints revamped its identity showcasing a new wave of thinking by the Company. A few years ago it clubbed all its multiple brands for different product categories into a single umbrella brand “INDIGO”.
Founded: 2000; 21 years ago
Founder: Hemant Jalan (Managing Director & Chairman)
Headquarters: Pune, Maharashtra, India
Indigo Paints vs listed peers
Indigo Paints Logo
Nippon Paint (India) Private Limited
Nippon Paint is based in Japan and has over 138 years of experience in the paint industry. The number one paint manufacturer in Asia, and among the leading paint manufacturers of the world. Nippon Paint India is 5th on the list of top 10 paint companies in India.
- Total Sales: Rs Over 500 Cr
Nippon Paint was founded by brothers Haruta and Jujiro Moteki as ‘Komyosha’ in Japan in 1881 and was Japan’s first Paint Manufacturing Company. Headquartered in Osaka, Nippon Paint is the only paint solutions provider for all kinds of surfaces (Auto, Marine, Protective, Decorative and Industrial Paints). Nippon Paint India is the best paint brand in India in Certain categories.
Founder: Jujiro Motegi
Headquarters: Oyodo Kita, Kita-Ku, Osaka 531-8511, Japan
Asia’s Real No.1 Paint
Nippon Paint Logo
Shalimar Paints Ltd
The Shalimar Paint Color & Varnish Company turned into mounted in 1902 in Howrah. Shalimar Paints installation South-East Asia’s first-ever large-scale production plant in 1902 in Howrah, West Bengal. As the agency extended its footprint throughout India, it mounted its 2d production unit in Nashik, Maharashtra in 1992 to cater to the Western region. Shalimar Paints installation its 0.33 production facility in Sikandrabad, U.P. in 2002.
- Total Sales: Rs 332 Cr
- Profit: – 68 Cr
- Market Cap: 419.74 Cr.
- ROE: -29.76 %
- Sales Growth (3Yrs): -9.17 %
- Promoter holding: 53.10 %
- Debt to equity: 0.45
- Price to book value: 1.40
Shalimar soon became the country’s leading paint brand. India’s iconic structures like Rashtrapati Bhavan, Howrah Bridge, Vidyasagar Setu, Salt Lake Stadium, continue to use Shalimar Paints. With access to high-end technology in the industrial coatings segment, Shalimar Paints pioneered aviation coatings, marine paints, and the painting of thermal power plants.
Founder: AN Turner, AC Wright
Headquarters: Gurugram, India
Website: Official Website
Shalimar Paints Logo
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