Nerolac Paints: Worth Buying And Holding?

Welcome to yet another blog by myowow. Today we will analyse Nerolac Paints. Nerolac Paints has been around in the Indian paints market for more than a century. It is one of the most trusted paint brands in India and has been expanding rapidly over the last few years. Their products are high-quality and they come in a variety of colors. What’s more, they offer their customers excellent customer service as well.


Nerolac Paints, also known as Kansai Paint in Japan, is a multinational company with a strong presence in India. The company is engaged in the business of manufacturing, selling and distributing paints, coatings and related products.

Nerolac Paints has a wide range of products catering to the needs of various segments like automobile, construction, decorative and industrial. The company has a strong R&D set up and has been constantly innovating to bring out new products and improve existing ones. Nerolac Paints has a pan-India distribution network and a large dealer network.

Nerolac Paints is a good long term investment as it has a strong brand equity, wide product range, efficient distribution network and committed human resources. The company is well poised for growth in the future and would continue to generate healthy returns for its shareholders.

What is Nerolac Paint?

Nerolac Paints is an Indian paint company based in Mumbai. The company is a subsidiary of Kansai Paints, one of the largest paint companies in the world. Nerolac Paints was founded in 1920 and today, it is one of the leading paint companies in India with a turnover of Rs 2,000 crore (US$300 million). The company has a network of over 4,000 dealers and more than 60,000 painters across the country.

Nerolac Paints offers a wide range of products for both interior and exterior applications. The company has a strong presence in the decorative paints segment with products like Emulsion Paints, Enamel Paints, Distemper Paints, Primers, Putty and Wall Putty. Nerolac also offers a wide range of industrial coatings for both metal and wood surfaces. Some of the popular products in this segment are Epoxy Paints, Polyurethane Paints, Powder Coating and Aluminium Paint.

Nerolac Paints has always been at the forefront of innovation and has introduced several firsts in the Indian paint industry. Nerolac was the first company to launch acrylic emulsion paints in India

How Does the Product Work?

Nerolac Paints is a paint company that produces high-quality paints and varnishes. The company has been in business since 1896, and it has a strong reputation for producing quality products. Nerolac Paints is headquartered in Mumbai, India, and it has manufacturing facilities in India, China, and the United Kingdom.

The company’s products are available in a wide range of colors, and they are designed to be used on both indoor and outdoor surfaces. Nerolac Paints offers a variety of finishes, including gloss, matte, satin, and semi-gloss. The company’s products are also available in a number of different sheens, including high-gloss, low-gloss, and eggshell.

Nerolac Paints’ products are sold through a network of authorized dealers and distributors. The company also has an online store where customers can purchase its products. Nerolac Paints offers a limited warranty on its products, and it provides customer support through its website.

Who Are the Competitors for Nerolac Paint?

Nerolac Paints is one of the leading paint companies in India. The company has a wide range of products including interior and exterior wall paints, enamels, varnishes, and wood finishes. Nerolac Paints is a subsidiary of Kansai Paints, one of the largest paint manufacturers in the world.

Nerolac Paints competes with other leading paint companies such as Asian Paints, Berger Paints, Dulux, Sherwin-Williams, and Valspar.

SWOT Analysis of Nerolac Paints

Nerolac Paints is one of the largest paint companies in India with a market share of around 26%. It has a strong brand presence in the country with a wide range of products catering to different segments. The company has been growing at a healthy pace and is expected to continue its growth momentum in the coming years.

However, there are certain risks and challenges that the company faces which could impact its growth prospects. Let’s do a quick SWOT analysis of Nerolac Paints to understand its strengths, weaknesses, opportunities and threats.


– Strong brand presence and wide product range

– Robust financials with healthy growth prospects

– Good distribution network


– Overdependence on the Indian market

– Lack of international presence


– Rising demand for paints and coatings in India

– Growing construction and infrastructure sector

– Potential for growth in the premium segment


– Fluctuations in raw material prices


Nerolac Paints is one of the leading paint companies in India with a strong market share. The company has a wide range of products and its paints are known for their quality. Nerolac Paints is also a part of the Kansai Nerolac Group, which gives it an added edge.

The stock looks attractive at the current price levels and can be considered as a long term bet.

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