public company traded as bse 500165 nse kansainer industry paint founded 1920 headquarters mumbai india key people h.m.bharuka md 1 revenue 23 774.3 million us 350 million 2 profit 2 059.8 million us 31 million 2 total assets 9986.4 million number of employees 2000 approx . parent kansai paint japan website official website kansai nerolac paints ltd bse 500165 nse kansainer formerly known as goodlass nerolac paints ltd is the largest industrial paint and third largest decorative paint company of india based in mumbai . 3 4 5 it is a subsidiary of kansai paint of japan . 6 it is engaged in the industrial automotive and powder coating business . it develops and supplies paint systems used on the finishing lines of electrical components cycle material handling equipment bus bodies containers and furniture industries . contents 1 history 2 company overview 3 parent company 4 products and services 5 awards and achievements 6 references history edit 1920 it started as gahagan paints & varnish co. ltd. at lower parel in mumbai . 7 1957 goodlass wall pvt. ltd. grew popular as goodlass nerolac paints pvt. ltd. also it went public in the same year and established itself as goodlass nerolac paints ltd. . 8 1976 goodlass nerolac paints ltd. became a part of tata forbes group on acquisition of a part of the foreign shareholdings by forbes gokak . . 9 1983 goodlass nerolac paints ltd. strengthened itself by entering in technical collaboration agreement by kansai paint co. ltd. japan and nihon tokushu tokyo co. ltd. japan . 10 1999 kansai paint co. ltd. japan took over the entire stake of tata forbes group and thus goodlass nerolac paints became wholly owned subsidiary of kansai paint company ltd. 11 2006 on 11 july goodlass paint ltd. name has been changed to kansai nerolac paints ltd. 12 company overview edit kansai nerolac paints has 5 paint manufacturing plants and about 6 7 contract manufacturers . the nerolac owned plants are at 1 . jainpur uttar pradesh 2 . bawal haryana 3 . lote chiplun maharashtra 4 . hosur tamil nadu kansai nerolac paints ltd. has entered into many technical collaborations with other industry leaders such as e.i. du products . 9 the mumbai based company is the leader in the industrial paints segment with a market share of over 40 % . 13 it is the third largest player in the decorative paints segment with a modest market share of 13 % . nearly 75 % of the indian paints industry consists of the decorative segment . 14 parent company edit kansai paint was founded by katsujiro iwai in amagasaki city japan in may 1918 . 15 kansai paint is a comprehensive manufacturer of paints and coatings . the products include automotive coatings industrial coatings decorative coatings protective coatings and marine coatings . 16 they are also present in u.k. turkey u.s.a canada mexico uae . 16 products and services edit technologically innovative products are the company s hallmark . kansai nerolac paint offers differentiated products with a focus on being eco friendly and healthy . 17 kansai nerolac paint s key products and brands includes the following decorative paints interior wall paints exterior wall paints wood surface paints and metals surface paints . 18 automotive coatings pre treatment chemicals electrodepostition . intermediate coats primer surfacers topcoats clear coats touch up paints auto refinishing products heat resistant paints underbody paints & pvc sealants & rapgard transit protection films . 18 performance coatings performance coating are available for wide range of products . for household appliances and metal fittings in factories there is a comprehensive range of general industrial coating systems like p.t. chemicals primers and lacquers coil coat heat resistant paints & metal decoration coatings . powder coating is now increasing in popularity because of its high quality resistance to corrosion the apparent ease of application and the environmental friendliness of the technology . 18 awards and achievements edit golden peacock environment management award 2005 . 19 short listed for the best managed company award from business today & a.t. kearney 2005 . 20 best vendor award from customers like toyota kirloskar motors ltd. tkml for cost and from maruti udyog ltd. mul on overall commendation . 21 awards for marketing initiatives like cannes 2007 bronze for press ad . 22 reader s digest trusted brands gold awards 2008 . 23 product of the year award 2010 for nerolac excel april 2010 . 24 product of the year award 2011 for nerolac excel total with heat guard technology april 2011 . 25 sustainability award for outstanding contribution by mahindra & mahindra october 2011 . 26 best vendor performance award in paint supplier s category by honda motors cycles & scooters at their annual conference 2012 . 21 asapp media information group construction world magazine ranked kansai nerolac paints first . 27 references edit indian paint firms on capacity drive ; input costs pinch the economic times . economictimes.indiatimes.com . 21 september 2010 . retrieved 2010 09 26 . a b bse plus . bseindia.com . retrieved 2010 09 26 . paint industry smells a huge opportunity in economic growth mint money . mintmoney.livemint.com . 7 july 2010 . retrieved 2010 09 26 . about kansai nerolac paints limited . nerolac.com . retrieved 2010 09 26 . nerolac paints to invest rs 400 cr on expansion . hindustan times . 6 may 2010 . retrieved 2010 09 26 . overseas network . kansai paint . retrieved 2015 02 27 . http apnaghar.co.in business associate catalog paint aboutus.aspx http www.linkedin.com company goodlass nerolac paints ltd. a b http www.jobstreet.co.in company kansai nerolac aboutus.htm http www.reportjunction.com companyprofile kansai nerolac paints limited k0463.htm http bullscrip.com kansai nerolac ltd a paint for your portfolio to color http www.slideshare.net kinnar32 csr project kansai nerolac paints ltd http poweryourtrade.moneycontrol.com plus multibagger multibagger promo.php autono 2391 http www.bullscrip.com asano t ; komatsu m ; yamaguchi iwai y ; ishikawa f ; mizushima n ; iwai k 2011 . distinct mechanisms of ferritin delivery to lysosomes in iron depleted and iron replete cells . mol . cell . biol . 31 2040 52 . doi 10.1128 mcb .01437 10 . pmc 3133360 . pmid 21444722 . a b http www.kansai.co.jp global site corporate profile 02 4.html kansai nerolac despite difficult 3rd quarter it is well positioned to grow . the times of india . 6 february 2012 . a b c http www.nerolac.com high index.html http www.domain b.com companies companies g goodlass nerolac 20050628 award.html http specials.indiatoday.com btevent best manage.pdf a b http nitieim19pomb082.blogspot.in 2012 07 a study on kansai nerolac paints limited.html http www.indiamart.com kansai nerolac paints aboutus.html http www.indiamart.com kanasi nerolac paints aboutus.html http www.moneycontrol.com bse annualreports 5001650312.pdf http www.scribd.com doc 96796581 nerolac knpl report 2011 http nitieim19pomb082.blogspot.in http www.indiainfoline.com markets company fundamentals management discussions kansai nerolac paints ltd 500165 retrieved from https en.wikipedia.org w index.php title kansai nerolac paints & oldid 734115699 categories chemical companies of indiacompanies based in mumbaipaint companies of indiacompanies established in 1920paint manufacturershidden categories use dmy dates from april 2013pages using infobox company with unsupported parameters navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages t rk e edit links this page was last modified on 12 august 2016 at 07 21 . text is available under the creative commons attribution sharealike license ; additional terms may apply . by using this site you agree to the terms of use and privacy policy . wikipedia is a registered trademark of the wikimedia foundation inc. a non profit organization . privacy policy about wikipedia disclaimers contact wikipedia developers cookie statement mobile view