KANSAI NEROLAC PAINTS LIMITED

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KANSAI NEROLAC PAINTS LIMITED
KANSAI NEROLAC PAINTS LIMITED
KANSAI NEROLAC PAINTS LIMITED
CONTENTS
ABOUT US
Kansai Nerolac Paints Limited   06   R&D CENTER AND CAPABILITIES
Our Purpose & Our Vision        08   R&D Center                            30
Our Swirl                       09   Capabilities                          33
A Journey of Building Care      10
Awards                          13   TECHNOLOGY AND FACILITIES
Nerolac Experience Lab          16   Our Manufacturing Footprint           34
                                     Information and Digital Technology    36
OUR BUSINESSES
Unique & Innovative products    18   ENVIRONMENT, SOCIETY AND GOVERNANCE
Industrial Coatings             20   Environment                           39
Auto                            22   Society                               40
Performance Coatings            24   Governance                            43
Our Clients                     28
KANSAI NEROLAC PAINTS LIMITED
ABOUT US

04              05
KANSAI NEROLAC PAINTS LIMITED
KANSAI
                                                                  NEROLAC
     Kansai Paint Co. Ltd., is a Japanese, Osaka-based paint
                                                                  PAINTS
     and coatings’ company whose main products are
     automotive, industrial and decorative coatings. The
     company was founded in 1918. It is one
     of the world's top eight paint manufacturers with
                                                                  LIMITED
     manufacturing sites in over 43 countries and presence
     in over 66 countries across the world.

     In recent years, the group has been accelerating the
     pace of globalization and expanding its business                       In 1920,
     activities throughout the world with multiple M&A and
     greenfield initiatives. It is among the top 5 global                    GAHAGAN PAINTS AND VARNISH CO. LTD.
     automotive paint companies. It has a gross sale of                     came into being at Lower Parel in Mumbai.
     more than 3.9B USD and has market capitalization of                    One hundred years on, this paint company – now
     5.01 USD Billion as on 1st January 2020. Kansai Paint                  known as Kansai Nerolac Paints Ltd. – is one of the
     Co.Ltd. is also an industry leader in the research and                 leading coatings’ companies in India. It goes without
     development of new paint and coatings technologies.                    saying, Nerolac also stands as one of the most trusted
                                                                            brands in the industry.
     THE COMPANY HAS MORE THAN 150
     SUBSIDIARIES AND AFFILIATES ACROSS                                     Right from the beginning of this century we have actively
     THE GLOBE.                                                             partnered with customers to embrace change
                                                                            wholeheartedly. We have brought beauty and durability to
                                                                            not just homes but also vehicles, home appliances,
                                                                            furniture and much more. We have made sure to be
                                                                            present in consumers lives in more ways than one.
     STRENGTHS OF KANSAI PAINT CO. LTD.
                                                                            This era had moments of pride with maintaining the
           GLOBAL                TECHNICAL            DIVERSITY
           CAPABILITIES          CAPABILITIES                               mighty bridges and dams, adding sheen and beauty to
                                                                            India’s first modern day car Maruti 800.

                                                                            Now, it is the era of healthy home paints with low VOC and
                                                                            no heavy metals. Nerolac is 'Colours that Care'.

06                                                                                                                                  07
KANSAI NEROLAC PAINTS LIMITED
OUR                                                                     OUR
     PURPOSE                                                               VISION
     Create environments                                  We design solutions
     for a healthy and                                 that protect, inspire and
     beautiful future                                     touch lives everyday

     A century of legacy and glory is what defines us as Kansai Nerolac.

     Our focus on ‘care’ for our customers has led us to be a technologically superior,
     socially responsible and an organisation of repute.

     We’ve made sure to be present in lives of our customers in more ways than one.
     From connecting people, protecting and maintaining the mighty bridges and
     dams, adding sheen and beauty to India’s first modern day car, the iconic
     Maruti Suzuki 800, to ushering in an era of healthy home paints with low VOC
     and no heavy metals, bringing beauty and durability to not just walls but also
     vehicles, home appliances, furniture and more, there’s a little bit of Nerolac in
     everyone’s lives.

     We look ahead with a renewed zeal to spark positive change among customers
     with ‘care’ as our core promise.

                                                                                                                       OUR SWIRL
     Core Values
                                                                                             The 'Swirl' is an integral part of our identity and a living manifestation
                                                                                             of the care that we offer in an ever-changing world. It encompasses
                                                                                               all that we are – innovative, inventive, agile and of course, caring.

      Integrity     Customer     Accountability   Respect     Enterpreneurial   Innovation   A constant endeavour to create an environment of ‘care’ at all levels
                     Focus                                       Mindset                       matters the most and we take pride in being ‘Colours that Care’.

08                                                                                                                                                                        09
KANSAI NEROLAC PAINTS LIMITED
A JOURNEY OF BUILDING CARE

                                                                                                                                                                           Launched, Goody,
                                                                                                                                                                            the smiling Tiger
                                                                                                                                                                               as mascot                                                                                                                                                                                                                                                                                                 Commissioning
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                     of Jainpur (U.P.) factory

                                                                                                                                                                                                                                                                                   Collaboration
                                                                                                                                                                                                                                                                                                                                                                       Kansai Paints,
                                                                                                                  Launched, Goody,                                                                                                    Acquired                                        with Nihon                                                                                                                                 Collaboration                                                                                                                                   Tie-up with                                                                             Awarded the
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Acquisition
                                      Acquired by                                          Start of                                                                                                                                                                                                                                                                   Japan acquired                                                                                                                                                First company to                                                                                                            of Marpol
                                                                                                                   the smiling Tiger                                                                                                 Saurashtra                                      Parkerizing,                   Commissioning                                                                                                  with Nihon                                                                                                                                  Oshima Kogyo                                                                            Best Managed
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Pvt. Ltd.
                                    Lead Industries,                                     the pigment                  as mascot                                                                                                                                                                                                                                         stake of the                                                                                                                                             introduce Eco-friendly                                                                                                                        Commissioning
                                                                                                                                                                                                                                  Paints & Chanda                                  Japan to form                of Jainpur (U.P.) factory                                                                                        Tokushu Toryo                                                                                   and Low VOC products                        for Heat Resistant                                                                          Company     by(Punjab)
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            of Goindwal
                                          UK                                                factory                                                                                                                                                                                                                                                                     UK Partner,
                                                                                                                                                                                                                                       Paints                                     Nipa Chemicals                                                                                                                                 Co. Ltd., Japan                                                                                                                                    Paint                                                                              Business Today
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Factory
                                                                                                                                                                                               Collaboration                                                                                                                                                             Cookson
                                                                                                                                                             Acquired                           with Nihon
                                                                                                                                                                                                                                              Kansai Paints,                              Ltd.
                                                                                                                                                                                                                                                                                  Collaboration                                                                                       Tie-up with                                               Awarded the                                                                                                                                           Tie up
                                                                Start of                                                                                                                                                                     Japan acquired                                                                                                                                                                                                                                       Launch of                                                                                                                               Peak Market
                          Acquired by                                                                                                                       Saurashtra                          Parkerizing,                                                                        with Nihon                                                                                      Oshima Kogyo                                               Best Managed                                                                                                                                        with Protech
                                                              the pigment                                                                                                                                                                      stake of the                                                                                                                                                                                                                                       Lead Free                                                                                                                              capitalisation of
                        Lead Industries,                                                                                                                 Paints & Chanda                       Japan to form                                                                      Tokushu Toryo                                                                                   for Heat Resistant                                            Company by                                                                                                                                        Chemicals Ltd.,
                                                                 factory                                                                                                                                                                       UK Partner,                                                                                                                                                                                                                                        Decorative                                                                                                                              Rs. 33,000 cr
                              UK                                                                                                                              Paints                          Nipa Chemicals                                                                      Co. Ltd., Japan                                                                                        Paint                                                 Business Today                                                                                                                                    Canada for Powder
                                                                                                                                                                                                                                                Cookson                                                                                                                                                                                                                                             Paints                                                                                                                                 in Dec 2017
                                                                                                                                                                                                    Ltd.                                                                                                                                                                                                                                                                                                                                                                                             Coatings

          1920
       1920                  1933           1933
                                              1946                1946
                                                                1950             1957          1950
                                                                                                  1968                   1957
                                                                                                                       1970                1976          1968
                                                                                                                                                            1978                  1970
                                                                                                                                                                                1983              1984         19761985               1978      1986           1983
                                                                                                                                                                                                                                                                 1988                   1984
                                                                                                                                                                                                                                                                                     1991             1992       1985
                                                                                                                                                                                                                                                                                                                    1993                        1996                1998    1986        1999             1988
                                                                                                                                                                                                                                                                                                                                                                                                          2000                 2002 1991 2005                       1992
                                                                                                                                                                                                                                                                                                                                                                                                                                                                     2006                     1993
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 2008                  1996
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      2009               2010      19982011                        1999
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  2012                2014      20002015                       2002
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              2017                2018       20052019                           2006
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               2020

                                                                                                                                                                                                                   Drewtreat                                                                                                                                                                                                Amalgamation
                                               Name                                                                                      Tata Group                           Technical                          Chemical Ltd.                                                                       Collaboration                                                                                                         of GNP (Madras)
                                                                            Changed name to                                                                                                                                                                       Company’s
                                             changed to                                                                                acquired a part                      Collaboration                       A JV with Drew                                                                      with Valspar for                                                                                                     Ltd. and Saurashtra
                                                                            Goodlass Nerolac                                                                                                                                                                   turnover crossed
                                              Goodlass                                                                                  of the foreign                       with Kansai                        Chemicals USA                                                                           Powder                                                                                                                Paints with                                                                                                                                                                                                                                                                  Colours that Care
                                                                                                                                                                                                                                                                   Rs. 100 Cr
                                             Wall Pvt. Ltd.
                                                                               Paints Ltd.
                                                                                                                                        shareholding                        Paint Co. Ltd.,                      and GNP was                                                                           Coatings Drewtreat                                                                                                 Goodlass Nerolac                                                                                                                                                                                               Amalgamation
                                                                                                                                                                                Japan                               set up                                 Technical
                                                                 Name                                                                                                                                    Tata Group                                                                                           Chemical Ltd.                                                                                                   Paints Ltd.                     Collaboration                                                                                                                                                             of GNP (Madras)
                                                                                                                  Changed name to                                                                                                                                                                                                                                                                    Company’s
                                                               changed to                                                                                                                              acquired a part                                   Collaboration                                       A JV with Drew                                                                                                                                  with Valspar for                                                                                                  Acquisition of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      Ltd. and Saurashtra
                                                                                                                  Goodlass Nerolac                                                                                                                                                                                                                             Commissioning of                   turnover     crossed
                                                                                                                                                                                                                                                                                                                                                                                                        Tata Group                                                                                                                Commissioning of                            Nepal Shalimar                                                         State-of-the-Art R&D
Started as Gahagan
                                                                Goodlass                                                                                                                                of the foreign                                    with Kansai                                        Chemicals USA                                                                             divested its                                            NamePowder
                                                                                                                                                                                                                                                                                                                                                                                                                                                                      changed to
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Hosur (Tamil Nadu) Factory                     Paints Pvt. Ltd.                        Launched             Paints withlab in Vashi, Mumbai                                 Unveiled the
 Paints & Varnish                                                                                                    Paints Ltd.
                                                                                                                                                                                                                                                                                                                                                           Lote (Maharashtra) factory                 Rs. 100
                                                                                                                                                                                                                                                                                                                                                                                                     holding      Cr
                                                                                                                                                                                                                                                                                                                                                                                                             in favour                                      Kansai Nerolac Paints Ltd.
Co. Ltd. with factory                                          Wall Pvt. Ltd.                                                                                                                           shareholding                                      Paint Japan                                         and GNP was                                                                              of Kansai Paint
                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Coatings
                                                                                                                                                                                                                                                                                                                                                                                                                                                                with a new logo
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 in Nepal                            Soldier Paints
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Goodlass Nerolac  commissioned                                     new corporate
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            identity of
   at Lower Parel                                                                                                                                                                                                                                           Co. Ltd.                                             set up                                                                                Co. Ltd., Japan                                                                                                                                                                                                                     Paints Ltd.                               Acquired            Nerolac-Colours
                        Name changed                                                            Public Issues                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         Perma                  that Care.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                    Launch of                                                                                                                                                      Construction
                         to Goodlass                                                           of Shares by the
                                                                                                                                                                                                                                                                                                                                            Tie up with E.I.                                                                                                                                                     Heavy Metal Free                                                                                                                                                  Aids Pvt. Ltd.
                        Wall (India) Ltd.                                                          company                                                                                                       Collaboration                                                                                                                                                                                                                                                                                                                                                                              Tata Group
                                                                                                                                                                                                                                                                                                                                              DuPont De                                                                                                                                                          Decorative Paints
                                                                                                                                                                                                                with Ameron for                                                                                                                                                                                                                                                                                                          Commissioning of                                                            Tie up with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Name changed to
 Started as Gahagan                                                                                                                                                                                            high performance
                                                                                                                                                                                                                                                                                                                                             Nemours &                                                                                                                                                                                                                                                     divested
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Capitalits
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Maharaja
                                                                                                                                                                                                                                                                                                                                              Co. of USA                                                                                                                                                                             Lote (Maharashtra)   factory
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Tie up with                                                                                                                                 Kansai Nerolac Paints Ltd.
  Paints & Varnish                                                                                                                                                                                                  coatings
                                                                                                                                                                                                                                                                                                                                                                                                         Company                            Commissioning of                                                                                              Cashew Co. Ltd.,                               holdingPvtinLtd.,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       favour
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           Sri Lanka
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                      for Lanka
 Co. Ltd. with factory                                                                                                                                                                                                                                                                                                                                                                                  implements                        Bawal (Haryana) factory                                                                                             Japan                                       of KansaiOperations
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Paint                                                                      with a new logo
                                                                                                                                                                                                                                                                                                                                                                                                       SAP ERP across
    at Lower Parel                                                                                                                                                                                                                                                                                                                                                                                      all locations
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Japan Co.                                                                  JV with
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                       Polygel
                                     Name changed                                                                                                 Public Issues                                                                                                                                                                                                                                                                                                                                                                                                                                             Ltd., Japan                                                          Industries Pvt. Ltd.
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                             Commissioning
                                      to Goodlass                                                                                                of Share by the                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               of Sayakha          to form Nerofix
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                 Tie up with E.I.                                                                                                                            (Gujarat) factory         Pvt. Ltd.
                                     Wall (India) Ltd.                                                                                              company                                                                                                                                                 Collaboration
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   DuPont De
                                                                                                                                                                                                                                                                                                           with Ameron for
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                  Nemours &
                                                                                                                                                                                                                                                                                                          high performance
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                   Co. of USA
                                                                                                                                                                                                                                                                                                               coatings
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                            Company                                                 Commissioning of
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Acquisition
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                              of RAK Paints,
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           implements                                          Bawal (Haryana) factory
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                               Bangladesh
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                          SAP ERP across
                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                           all locations

                         10                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                                         11
KANSAI NEROLAC PAINTS LIMITED
AWARDS                                                                                                                                                                               AWARDS

 CORPORATE                 CUSTOMER                      BRAND                         MARKETING                      CSR                            PRODUCT                       ENVIRONMENT                   I.T.                          MANUFACTURING                 HUMAN RESOURCE                 LEADERSHIP                      REPORTS

                                                                                                                     8TH ACEF ASIAN LEADERS FORUM   INNOVATIVE PRODUCT/ SERVICE   ENVIRONMENT EXCELLENCE        ACE AWARDS- SAP               ASIAN MANUFACTURING           KNPL WAS CERTIFIED AS ONE OF   AMONG THE TOP 50                CSR REPORT GOLD TROPHY -
INSTITUTE OF COMPANY      BEST VENDOR AWARD FOR COST    TRUSTED BRAND GOLD AWARD -    BEST MEDIA INNOVATION -
                                                                                                                     AND AWARDS                     AWARD- GOLDEN PEACOCK         GOLD AWARD- LOTE, GREENTECH                                 EXCELLENCE AWARD- FROST &     THE GREAT PLACES TO WORK BY    CEOS-ENTREPRENEUR MAGAZINE      ABCI AWARD
SECRETARIES - CORPORATE   - TOYOTA                      READERS DIGEST                EMVIES (4 AWARDS)
                                                                                                                                                                                  ENVIRONMENT EXCELLENCE                                      SULLIVAN                      GPTW IN YEAR
GOVERNANCE
                                                                                                                     SILVER TROPHY FOR 'NEROLAC                                                                 SAP AWARDS- INDUS                                                                                                          KARMAYOG - RATING 4/5
                          BEST SUPPLIER AWARD- TOYOTA   PRODUCT OF THE YEAR AWARD-    BRONZE AT CANNES
                                                                                                                     PRAGATI EXPRESS' CAMPAIGN IN   MOST PROACTIVE                                                                            CERTIFICATE OF MERIT- LOTE-                                  BEST CEO IN CHEMICALS
GOLDEN PEACOCK-                                         WORLD'S, LARGEST
                                                                                                                     THE 'EXCELLENCE IN CSR -       CONTRIBUTION THROUGH NEW      NATIONAL ENERGY                                             (ZERO ACCIDENT FREQUENCY )                                   CATEGORY- BUSINESS TODAY        ASSOCIATIONS OF BUSINESS
CORPORATE GOVERNANCE                                    INDEPENDENT SURVEY            SILVER TROPHY BEST AD - AAAI
                                                                                                                     SOCIAL IMPACT AWARDS'          DEVELOPMENT IN POWDER-        CONSERVATION (JAINPUR)-       BEST APO IMPLEMENTATION-      BY NATIONAL SAFETY COUNCIL,                                                                  COMMUNICATIONS OF INDIA -
                          BEST VENDOR AWARD-
                                                                                                                     CATEGORY                       GODREJ                        MINISTRY OF POWER GOI         PC QUEST                      MAHARASHTRA (3 YEARS)                                                                        GOLD
BEST MANAGED COMPANY-     MARUTI SUZUKI                 THE ECONOMIC TIMES            DESIGN AWARD FOR AMBIENT                                                                                                                                                                                             ASIA PACIFIC ENTREPRENEURSHIP
BUSINESS TODAY                                          RECOGNIZED KANSAI NEROLAC     MEDIA CATEGORY- KYOORIOUS                                                                                                                                                                                            AWARD IN CHEMICAL AND PLASTIC
                                                                                                                                                    MOST INNOVATIVE PRODUCT OF    ENVIRONMENT MANAGEMENT        GOLD CIO OF THE YEAR - DATA
                          BEST SUPPLIER AWARD-HMSI      PAINTS AS ONE OF THE BEST     DESIGN AWARD                                                                                                                                                                                                         - ENTERPRISE ASIA
                                                                                                                                                    THE YEAR AWARD NEROLAC        AWARD- GOLDEN PEACOCK         QUEST MAGAZINE                SAFETY SYSTEM EXCELLENCE
                                                        BRANDS
                                                                                                                                                    IMPRESSIONS HD CONSUMER                                                                   AWARD- FICCI
                          KNPL RECEIVED THE “BEST                                     BEST CMO- PITCH CMOS SUMMIT                                                                                                                                                                                          MR. H. M. BHARUKA WAS AWARDED
                                                                                                                                                    SURVEY OF PRODUCT                                           BEST CTO IN MANUFACTURING-
                          SUPPLIER” AWARD FROM HONDA    KANSAI NEROLAC PAINTS NAMED                                                                                                                                                                                                                        WITH THE PRESTIGIOUS ICC D.M.
                                                                                                                                                    INNOVATION-NIELSEN                                          CTO FORUM
                          MOTORCYCLE & SCOOTER INDIA    AS ONE OF THE 40 MOST                                                                                                                                                                                                                              TRIVEDI LIFETIME ACHIEVEMENT
                                                        VALUABLE INDIAN BRANDS BY                                                                                                                               HALL OF FAME- CTO FORUM                                                                    AWARD FOR CONTRIBUTION TO
                          BEST VENDOR AWARD MSIL        INTERBRAND, ONE OF THE                                                                                                                                                                                                                             INDIAN CHEMICAL INDUSTRY
                                                        WORLD'S LEADING BRAND
                                                        CONSULTANCIES

          12                                                                                                                                                                                                                                                                                                                                            13
KANSAI NEROLAC PAINTS LIMITED
OUR
                                                 BUSINESSES

     The Nerolac Experience Lab is located at
     our head office in Mumbai. It is the living
     manifestation of our belief in creating
     solutions that care.
                                                 NEROLAC ALL AROUND
     It is our prized jewel - an environment
     where we invite employees, partners and
     customers to immerse into our world of
     offerings. We showcase our rich legacy.
     We showcase how we are part of every
     Indian’s life.

     The Nerolac Experience Lab is a
     first-hand experience of the renaissance
     in the world of colour and coatings that
     we are ushering in.

14                                                                    15
KANSAI NEROLAC PAINTS LIMITED
HYGIENE CARE                                             WOOD FINISHES
     UNIQUE &
     INNOVATIVE PRODUCTS
     We are constantly adding to our portfolio in lines with the evolving needs
     of customers across segments
                                                                                                           NEROLAC EXCEL         NEROLAC        NEROLAC            WONDERWOOD            ICRO
                                                                                                           MULTI SURFACE       DISINFECTANT   HAND SANITIZER
                                                                                                         PROTECTION SHEETS        HWS 256                             GLORIA

                                       DECORATIVE OFFERINGS
                                                                                                            WATERPROOFING                                            ADHESIVES
                   Our product proposition is designed to cater to the evolving needs of
                       customers in the key segments of Decorative and Industrial.

                                                                                                       PERMA DAMP PROTECT      PERMA                                NEROFIX      NEROFIX        NEROFIX   NEROFIX GOLD
                                                                                                            EXTERIOR          NODAMP                               AQUA SMART    SMART          SUPER

               EXCEL                          EXCEL                           EXCEL      IMPRESSIONS
            VIRUS GUARD                 TOP GUARD TOPCOAT                  MICA MARBLE       HD                                               SOLDIER PAINTS

              BEAUTY                                                                                             EMULSION RANGE       BRUSH AND        FLOORCOAT     GP ENAMEL    CEMENT PUTTY
                                                                                          SURAKSHA
           GOLD WASHABLE               EXCEL GLITTER FINISH                IMPRESSIONS                        (INTERIOR & EXTERIOR)    ROLLERS
                                                                                         DUST RESIST
                                                                           ULTRA FRESH

        Key products shown, for full range visit our website www.nerolac.com

16                                                                                                                                                                                                             17
KANSAI NEROLAC PAINTS LIMITED
PERFORMANCE
                                                                                       COATINGS
     INDUSTRIAL
     COATINGS
                                     AUTO

                                                            POWDER                                                    COIL
                                                            COATINGS                                                COATINGS

                                                                       PROTECTIVE                         FLOOR
                        AUTOMOTIVE          AUTO REFINISH               COATINGS                         COATINGS
                         COATINGS             COATINGS

     Technology from:

                                                                                    GENERAL INDUSTRIAL
                                                                                        COATINGS
18                                                                                                                             19
AUTO
     We are Leaders in Automotive Coatings in India
     and known for providing complete range of
     products and solutions for 4-Wheeler, 2-Wheeler,
     Commercial Vehicles and Tractor Industry.

     AUTOMOTIVE COATINGS                                              AUTO REFINISH COATINGS
     CUTTING-EDGE TECHNOLOGY                                          Bringing back your vehicle to its original glory
     • High Solids Base Coat Technology
     • Mar Resistance Clear Coat                                      After market paint required when the existing OE paint (more
     • Monocoat Metallic for 2 Wheeler                                specifically for vehicles) is damaged and needs to be repainted to
     • Low Bake Common Painting System for Sheet Metal & Plastics     restore the original finish.

     We offer comprehensive product range, technical support and       Types of Paints      Industry Trends
     service to Auto OEMs and component suppliers. We work
     jointly with Automotive customers to carry out various VA/VE     • WATERBORNE         • Environmentally
     activities like process time reduction or energy conservation.   • PU                  sustainable products
                                                                      • ALKYD              • Advanced Colour
     Offerings:                                                        • NC                  Matching Technologies
     Electro-deposition Primers
     Intermediate Coats / Primer Surfacers
     Solid and Metallic Top Coats and Clear Coats                     Products
     2K Technology Products for the plastic parts                     Retan Hybrid | Cardea | Acric EZ | Perfect Match | Nerokan | Nova Plus | NAP
     Touch-up Paints and Auto Refinish
     Heat Resistant Paints
     Underbody Paints and PVC Sealants

20                                                                                                                                                   21
PERFORMANCE
 COATINGS

POWDER
COATINGS
OUR BRAND: NEROCOAT

Offerings:
Traditional Coatings: Pure Epoxy Powders, Epoxy Polyester Powders, Pure Polyester, Poly Urethane

New Age Coatings: Super Durable Polyester, Heat Resistance Powder, Rebar Coatings, Pipe Coatings

                                                                                                   PROTECTIVE
                                                                                                   COATINGS
                                                                                                   Customized solutions for the unique high-technology requirements of
                                                                                                   the oil & gas industry, power infrastructure companies, chemical &
                                                                                                   fertilizer applications, etc.
                                                                                                   Offerings:
                                                                                                   Traditional Coatings: Epoxy Coatings, Alkyd Coatings, Polyurethane costings, Chlorinated Rubber
                                                                                                   Coatings, Inorganic Zinc Primers

                                                                                                   New Age Coatings: Polysiloxane Technology, Flouro Polymer Technology, IP Net Technology

22                                                                                                                                                                                                   23
PERFORMANCE
 COATINGS
                                                                                               COIL
                                                                                               COATINGS
 GENERAL INDUSTRIAL                                                                            OUR BRAND: NERO COIL

 COATINGS                                                                                      Protection of sheets, provide
                                                                                               aesthetics for industrial shades
     Range of traditional & advance solutions for various
                                                                                               and roofs
     end user appications across industries such as fans,
     helmets, barrels, glasses and many more.

     No wonder, we say –

     “There’s a little bit of Nerolac in your life.”        FLOOR
                                                            COATINGS
                                                            OUR BRAND: NERO FLOOR

                                                            Coatings for floors in industrial
                                                            areas and medical labs

26                                                                                                                             25
Honda Motor Company

              Toyota Motor Corporation

              Tata Motors

              Maruti Suzuki India Limited

              Nissan Motor Company

              Fiat Chrysler Automobiles
OUR CLIENTS

              Hero Motocorp

              Bajaj Auto

              Volvo Group

              Industrial Vehicle Corporation

              Ford Motor Company

              Swaraj Mazda Limited

              Hindustan Motors Limited

              Mercedes Benz India Private Limited

              Volkswagen India Private Limited

              Suzuki Motor Corporation              R&D
              Eicher Motors Limited
                                                    CENTER AND
                                                    CAPABILITIES
              Yamaha Motor Company Limited

              Mitsubishi Motors Corporation

              Hinduja Group

              Mahindra & Mahindra Limited

              TVS Motor Company Limited

  26                                                               27
INNOVATIONS                                               existing in India. This was truly an initiative which
                                                                        paved the way for many companies to follow and

              THAT CARE                                                 emergence of Healthy Home paints for the first time
                                                                        in India. Similarly, our R&D function has driven the

     R&D
                                                                        lead-free initiative and we were the first to declare
              The nerve center of Kansai Nerolac’s cutting edge
                                                                        our products with safe limits of lead and other
              technology is the Research & Development (R&D)
                                                                        heavy metals. Clearly, we’ve lived up as champions

     CENTER
              center. It has played a pivotal role in helping us rise
                                                                        for the cause of environment and created safe
              as pioneers in the industry.
                                                                        products. We have also differentiated our decorative
                                                                        product line with new launches comprising of
              The R&D function takes great pride in being part of
                                                                        functional smart coatings such as formaldehyde
              the company’s exhilarating journey. KNPL was
                                                                        abetment, air purifying and anti-bacterial offerings.
              always known as the most technologically
              advanced & innovative company in the Paint
                                                                        KNPL Technical Services teams spread across India
              Industry. We have been providing cutting-edge
                                                                        plays an important role to support our esteemed
              solutions to our customers, thereby, reaffirming our
                                                                        customers and work jointly with them for product
              leadership position amongst Automotive Paint
                                                                        introduction, value engineering and day to day
              companies.
                                                                        problem solving and thereby ensuring smooth and
                                                                        efficient process management to achieve desired
              Over the past 100 years, our R&D has gone through
                                                                        output.
              many changes and introduced many new
              path-breaking technologies and created products
                                                                        And yet there is a long way to go.
              that have delighted our customers.

                                                                        The coatings industry is at crossroads with
              The cornerstone of success of our R&D stems from
                                                                        legislation and sustainability on one hand and
              our agility to respond to the customer expectations.
                                                                        performance and deliverables on the other.
              In the automotive space, we have proved this time
                                                                        Urbanization, population growth, sustainability and
              and again by our imprints in technologies that were
                                                                        resource scarcity are driving major transformation in
              first in India - such as common base coat system,
                                                                        evolution of newer trends and a paradigm shift in
              3C-1B Wet on wet painting system. These became a
                                                                        coatings technology. It is with this backdrop that we
              benchmark in the industry.
                                                                        are gearing up to approach future challenges.

              In the decorative space, we were the first to
                                                                        Most importantly, our efforts will continue to nurture
              introduce low VOC products. It was a self-imposed
                                                                        the talent pool and make our facility today to a truly
              regulation when there were no prevalent norms
                                                                        global R&D.

28                                                                                                                         29
Over 175 paint technologists        State-of-the-art R&D Centre at Kopar        Thrust on product innovation
           with reputation to build        Khairne, Vashi, near Mumbai along with      by leveraging global technology
     cutting-edge technology products     mobile Laboratories at Bawal, Lote, Hosur,     available from collaborators
                                                     Kanpur and Sayakha

                                                        CAPABILITIES
      Competency for development of
     tailor-made products for customers

          Expertise at continuous                Impeccable service to the               Patents awarded for select
         value engineering activity         customer to run the line trouble free                 products

30                                                                                                                    31
OUR MANUFACTURING
     FOOTPRINT

                                       Bawal,
                     Goindwal,
                                       Haryana
                     Punjab

                                            Jainpur,
                                            UP

           Saykha,
           Gujarat

                                                 Vizag,
         HO, Mumbai                              Andhra Pradesh
                                                 (upcoming plant)
               Lote,
               Maharashtra

                          Hosur,
                          Tamil Nadu

32                                                                  33
INFORMATION AND                                                   There is no denying that technology is the heart of
                                                                       most successful organizations. It is no different for
                                                                       Kansai Nerolac as we furiously innovate with
                                                                                                                                  us, but it gives us an edge to maintain our leadership
                                                                                                                                  status in the market.

     DIGITAL TECHNOLOGY                                                technology fueling us. However, what sets us apart is
                                                                       our agility and the fact that we remain frontrunners in
                                                                       adopting new technology. Not only does it differentiate
                                                                                                                                  We are proud of strong technology partnerships and
                                                                                                                                  technical collaborations that keep us ahead of the
                                                                                                                                  curve in our quest to be superior and inventive.

             EFFICIENCY FUELED BY SUPERIOR IT PROWESS                                DIGITAL TECHNOLOGIES

      Supply Chain              Customer        Manufacturing                                   SAP Leonardo

              VENDOR                            EHS       MII                        IoT                 ML                 SAC
     ARIBA
              PORTAL

                                       CALL
                           CRM        CENTER

                                                          BAR                                          CHAT                                    MES
     APO                                        ASRS              VR                 RPA                                    AR
                                                         CODING                                        BOTS

                                                                                                                          Employee
                                                                                    AI BASED          DIGITAL            Engagement
                KM        ERP              BI   BO                                INTERVIEWS
                                                                                                     FACTORY                App

34                                                                                                                                                                                         35
1. Environment
                    Our sustainability programs can be broadly classified under the following heads:
                    Water Management:                                      Waste Management:
                    Zero Liquid Discharge across all plants                Hazardous Waste Reduction
                    through installation of Ultrafiltration (UF), Reverse   Focus on Reduction at Source, co-processing,
                    Osmosis (RO) & Multi-effect Evaporator (MEE)            recycle and reuse schemes, etc.
                    treatment systems

                                                                           Bio-Composting

                    Carbon Footprint:                                      Energy Management:
                    Move towards Carbon Neutrality                         Shifted from HSD to environment friendly
                                                                           and low-cost Solid Fuels and Bio-diesel in
                                                                           boilers and for process heat generation.

     ENVIRONMENT,   Solar Tubes                Solar lamps

     SOCIETY &
                                                                           Roof Top Solar Panels   Solid Fuel Boiler

                                                                           Health and Safety:

     GOVERNANCE     Solar panels               Solar battery chargers
                                                                           Plants certified with ISO 45001 by an
                                                                           International Certification Agency

                    Emission Management :
                    Focused approach towards energy management
                    in the Company has led to efficient energy usage
                    and thereby reducing corresponding scope 1 & 2
                    Green House Gas (GHG) emissions.

36                                                                                                                        37
2. Society                                                                                      Community Development at Rural-level
                                                                                                 Objective: To reach to the grassroot citizens by providing basic facilities and amenities in the villages near to the
 We believe in the philosophy of POSITIVE      We proactively partner in environmental, social   plant locations / depot locations.
 CONTRIBUTION for the development of           and economic development of communities
 society.                                      through the use of innovative technologies,
                                               products and initiatives that go beyond normal
 We practise this philosophy by being a good   business activities.
 neighbour, being considerate of our
 stakeholders at all the levels and most       More so, involvement of the company’s
 importantly, we play the role of a good       employees working at all locations in our CSR
 corporate citizen with zeal and compassion.   initiatives helps in creating a sense of pride.

                                                                                                 Preventive Health Care & Sanitation
                                                                                                 Objective: To provide facilities that improve general health care and sanitation. This includes implementation of
                                                                                                 various initiatives and awareness sessions under “Swachh Bharat Abhiyan”.

                                                                                                 Promoting Education
                                                                                                 Objective: To enhance educational level and to promote education in rural area.

38                                                                                                                                                                                                                   39
Environmental Sustainability                                                                                     3. GOVERNANCE
Objective: To protect and preserve natural resources through various initiatives.
                                                                                                                 The Company believes in abiding by the Code of Governance so as to be a responsible corporate citizen
                                                                                                                 and to serve the best interests of all the stakeholders, viz., the employees, shareholders, customers,
                                                                                                                 vendors and the society at large. The Company seeks to achieve this goal by being transparent in its
                                                                                                                 business dealings, by disclosure of all relevant information in an easily understood manner, and by being
                                                                                                                 fair to all stakeholders, by ensuring that the Company’s activities are managed by a professionally
                                                                                                                 competent and independent Board of Directors.

                                                                                                                                GOVERNANCE                                         COMPLIANCE

                                                                                                                             Internal Audit with
Nerolac Expeditions (Livelihood Enhancement Project)                                                                          Focus on Control                                  Online Compliance
                                                                                                                            Efficiency Index (CEI)                                 Tracking through
                                                                                                                               Robust Control                                   Legatrix Software
                                                                                                                                 Index (RCI)

                                                                                                                                                                 RISK

The ‘Livelihood Enhancement Project’ engages the employees of Kansai Nerolac to train individuals across
the country thereby, making them aware of painting as a career opportunity. Initiatives are undertaken to
impart skill development training, including on paints and painting, to create job opportunities for
unemployed youth. Having trained around 2000 people in basic painting skills, the programme continues
                                                                                                                                                         System enabled
in its efforts to reach individuals based in the most remote locations in India. It is a high-impact initiative                                           Enterprise Risk
targeted at holistic development of the entire communities and self-motivated individuals.                                                                Management

40                                                                                                                                                                                                                           41
KANSAI NEROLAC PAINTS LIMITED
                   A SUBSIDIARY OF KANSAI PAINT CO. LTD., JAPAN

       NEROLAC HOUSE, GANPATRAO KADAM MARG, LOWER PAREL, MUMBAI 400013
                              www.nerolac.com

2021
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