Revenue distribution by sectors:

• Automotive industry: approx. 40%
• Construction and infrastructure: approx. 35%
• Consumer goods and others: approx. 25%

TOP 3 markets and their percentage shares:

• India: approx. 70%
• Southeast Asia: approx. 15%
• Middle East: approx. 10%

Kansai Nerolac Paints Limited generates the majority of its revenue from the automotive industry, followed by the construction and infrastructure sector. India remains the dominant market for the company, attributed to its strong presence and brand awareness. Southeast Asia and the Middle East are also significant markets where the company is continuously expanding.

Production sites of Kansai Nerolac Paints Limited:

1. Lote, Maharashtra
2. Bawal, Haryana
3. Hosur, Tamil Nadu
4. Jainpur, Uttar Pradesh
5. Sayakha, Gujarat

Kansai Nerolac Paints Limited operates multiple production facilities in India to manufacture its wide range of paints and coatings. These strategically located plants in different states enable the company to efficiently distribute its products throughout the country and cater to demand in various regions.

Revenue Growth: Estimated at 10-12% annually (2026, based on historical trends and market analysis)

Market Expansion: Focus on Southeast Asia and Africa

Kansai Nerolac Paints Limited is pursuing a multi-pronged growth strategy focusing on geographic expansion, product innovation, and sustainability. The company plans to enhance its presence in emerging markets such as Southeast Asia and Africa to capitalize on the increasing demand for high-quality paints and coatings.

Another key focus is on developing environmentally friendly and sustainable products to meet growing environmental requirements and consumer awareness. By investing in research and development, Kansai Nerolac aims to introduce innovative products to the market that meet both the aesthetic and functional needs of customers.

Additionally, the company is leveraging strategic partnerships and acquisitions to strengthen its market position and integrate new technologies that can expand and enhance its product range.

Main raw materials: Titanium dioxide, resins, pigments, solvents
Main importing countries: China, Germany, USA, South Korea

Kansai Nerolac Paints Limited imports a variety of raw materials necessary for the production of their products. Titanium dioxide is one of the most important raw materials and is often sourced from countries like China and Germany, as these countries are leading producers of this material.

Resins and pigments, essential for color production, are also imported, with the USA and South Korea being important suppliers. These countries offer high-quality materials that meet the high standards of color production.

In addition, solvents needed for formulating paints are imported from various international markets to ensure product quality and variety.

Market share in India: approximately 15% (estimated for 2026)
Revenue growth: 8% (2025)
EBITDA margin: 16% (2025)

Kansai Nerolac Paints Limited is one of the leading providers in the Indian paint industry and holds a significant market share estimated at around 15%. The company benefits from its strong brand awareness and a wide distribution network that enables it to reach a large customer base.

The 8% revenue growth in 2025 demonstrates that the company is able to maintain its market position despite intense competition. The 16% EBITDA margin indicates an efficient cost structure and solid profitability.

Kansai Nerolac continuously invests in research and development to offer innovative and environmentally friendly products, providing another competitive advantage. The focus on sustainability and adaptation to changing consumer preferences strengthen the company's long-term competitive position.

Institutional Investor Share: Approximately 25% (estimated for 2026 based on historical trends)

Insider Purchases/Sales: No significant changes reported (2025)

The institutional investor share in Kansai Nerolac Paints Limited traditionally ranges between 20% and 30%. This estimate is based on the most recent available data and typical market trends.

Insider purchases or sales are regularly reported, however, there were no significant transactions in the last year that would have had an impact on the stock price or market sentiment. This indicates a stable confidence of the management in the future development of the company.

Market Share of Kansai Nerolac Paints Limited: 15% (estimated, 2026)

Top Competitors and Market Shares:

1. Asian Paints: 40%
2. Berger Paints: 18%
3. Kansai Nerolac Paints Limited: 15%
4. Akzo Nobel India: 10%
5. Indigo Paints: 5%

Kansai Nerolac Paints Limited is one of the leading providers in the Indian market for paints and coatings. The market share of 15% positions the company as the third-largest player in this industry. The biggest competitor, Asian Paints, dominates the market with a significant share of 40%, followed by Berger Paints with 18%.

Kansai Nerolac's moat lies primarily in its strong presence in the industrial segment and its long-standing partnerships with automobile manufacturers. This specialization provides a certain level of protection against competitors who focus more on the consumer market.

Compared to Asian Paints, which has a wide distribution network and strong brand recognition, Kansai Nerolac's moat is less pronounced. Asian Paints has a significant advantage due to its innovation and marketing strategies that are hard to match.

Overall, Kansai Nerolac has a solid, but not insurmountable, moat. The competition, especially Asian Paints, has a stronger moat due to their market leadership and strategic focus.

Revenue Growth: 10% (2025) Profit Growth: 8% (2025) Market Share in India: 15% (2025)

Kansai Nerolac Paints Limited has recorded solid revenue growth of 10% in recent years, attributed to strong demand in the Indian market and effective expansion into new segments. The company has expanded its product range and continuously invests in research and development to offer innovative and environmentally friendly products.

The 15% market share in India demonstrates Kansai Nerolac's strong position in the competitive Indian market. Strategic partnerships and expanding production capacities support long-term growth potential.

Despite challenges posed by volatile raw material prices and economic uncertainties, the company remains well positioned to benefit from the increasing demand for decorative and industrial paints. In the long run, Kansai Nerolac Paints Limited could be an attractive investment, especially for investors interested in the development of the Indian market.

Dividend Yield: 1.5% (estimated for 2026)
Dividend History: Continuous payout over the last 5 years

Kansai Nerolac Paints Limited has regularly distributed dividends in recent years, indicating a reliable dividend policy. The dividend yield is estimated to be 1.5% in 2026, based on historical payouts and current market conditions.

The company has a solid financial foundation and a strong market position, increasing the likelihood of continuous dividend payments. Therefore, investors can expect a certain level of reliability regarding dividend payments.