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NSE
465.65
Change Change %
2.40 0.52%

Updated:18 Sep, 2019, 15:53 PM IST

BSE
462.50
Change Change %
-0.25 -0.05%

Updated:18 Sep, 2019, 16:01 PM IST

Kansai Nerolac Paints was incorporated in 1920 as Gahagan Paints and Varnish Company. Later in 1930, three British companies were merged and Lead Industries Group was established. Today Kansai Nerolac Paints is amongst the leading paint companies in India

Headquartered in Mumbai, company’s manufacturing facilities are located at Uttar Pradesh, Maharashtra, Tamil Nadu and Haryana.

In India the company has presence in Assam, Goa, Gujarat, Haryana, Himachal Pradesh, Madhya Pradesh, Orissa, West Bengal, Rajasthan, Maharashtra, Punjab, Uttaranchal, Bihar, New Delhi, Tamil Nadu, Uttar Pradesh and many more.

Company’s manufacturing units have received ISO 9001–2000, ISO–14001 and OHSAS–18001 for its quality management. Company has also implemented Japanese 5–S and TPM (total productive maintenance) concepts in organization.

Company’s R&D facility focuses on improving its manufacturing processes and innovate its products. This facility has officially recognized by the Department of Science and Technology (DTI), Government of India.

Company has technically collaborated with two companies Kansai Paint Co. and Oshima Kogyo Co. of Japan.

ProductsThe company is engaged in manufacturing of automotive coating, general industrial coating, high performance coating and powder coating.

The company markets its products under the brand name such as 'Impressions', 'Beauty', 'Excel' and 'Suraksha'.

Milestones

1920– Gahagan Paints and Varnish Company was incorporated.

1930– Lead Industries Group was established by merger of three British companies.

1933– Lead Industries Group acquired 100% stake of Gahagan Paints and the company was renamed as Goodlass Wall (India)

1946– Goodlass Wall was converted in private limited company.

1957– Goodlass Wall was renamed as Goodlass Nerolac Paints and went public in the same year.

1976– After acquisition Goodlass Nerolac Paints became part of Tata Forbes Group

1983– Goodlass Nerolac Paints entered into technical collaboration with Kansai Paint Co. and Nihon Tokushu Toryo Co. of Japan.

1986–Goodlass Nerolac Paints Ltd. turned into a joint venture of the Tata Forbes and the Kansai Paint Co., with the latter acquiring 36% stake in the company.

1999–Kansai Paint Company, Japan acquired the entire stake of Tata Forbes group and thus Goodlass Nerolac Paints became a wholly owned subsidiary of Kansai Paint Company.

2006– Goodlass Nerolac Paints was rechristened to Kansai Nerolac Paints.

In 2012 Kansai Nerolac decided  to enter JV with Nepal Shalimar, to acquire 68% stake in Nepalese paint major.

Awards

Company was awarded Best Vendor Award from customers like Toyota Kirloskar Motors (TKML) for Cost and from Maruti Udyog Limited (MUL) on overall commendation.

Company also received award for marketing initiatives like Cannes 2007 Bronze for press Ad

Sustainability Award for outstanding contribution” by Mahindra and Mahindra – October 2011.

Kansai Nerolac Paints rated at level 4 out of 5 in the Karmayogi ratings for the Corporate Social Responsibility initiatives 2011.

Best vendor PERFORMANCE AWARD in Paint Supplier’s Category by Honda Motor cycles and scooters at their annual conference Jan 2012.

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