Kansai Nerolac Paints
Kansai Nerolac Paints
Shareholder Return: 3-year, Sales Growth: 3-year CAGR, Return On Equity: 3-year average
At a Glance
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Shareholder Return232%
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Sales Growth13%
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Return on Equity27 %
Why Super 50
Maintaining its leadership in industrial and automotive paints, Nerolac has also managed to strengthen its presence in the decorative paint segment. This, and falling input prices, have helped the company improve margins, making it the best performing paint stock in the past year. The company (formerly Goodlass Nerolac, which was rechristened when it became a subsidiary of the Japanese Kansai Paint Company) has been making steady gains in the highly-competitive Indian paint market.
