Top 5 Paint Companies in India 2023

In this article, you will see the Top 5 Paint Companies in India. Paint is any pigmented liquid, liquefiable, or solid mastic composition. It is most commonly used to protect, color, or provide texture. Paint is typically stored, sold, and applied as a liquid, but most types dry into a solid. Most paints are either oil-based or water-based and each has distinct characteristics.

Paint was one of the earliest arts of humanity. Keeping all this in mind, the industries have come up with the best paint company. Most importantly, some of the Indian paint brands fall on the list of top paint companies in the world.

Top Paint Companies Summary

The below table shows you the complete summary such as NSE Code, Current Market Price (CMP), Market Cap, etc for the top 5 paint companies in India.

S.No.Company NameNSE CodeCMP Jan 2023Market Cap (in Cr.)
1ASIAN PAINTS LIMITEDASIANPAINT2,7872,71,712
2BERGER PAINTS LTDBERGEPAINT55754,541
3KANSAI NEROLAC PAINTS LTDKANSAINER41822,206
4AKZO NOBEL INDIA LTDAKZOINDIA2,25910,464
5INDIGO PAINTS LTDINDIGOPNTS1,2315,970

1.) Asian Paints Ltd.

Top 5 Paint Companies-ASIAN PAINTS LIMITED
  • Asian Paints Ltd is an Indian multinational paint company.
  • The headquartered of Asian Paints Ltd is in Mumbai, Maharashtra, India.
  • It is the largest paints company in India. Asian Paint is one of the best paint brands in India.
  • The company was started in a garage in Gaiwadi, Girgaon, Mumbai by four friends Champaklal Choksey, Chimanlal Choksi, Suryakant Dani, and Arvind Vakil.
  • They all belong to Jain families and founded the company in February 1942.
  • Over 25 years, Asian Paints became a corporate force and India’s leading paints company.
  • The company operates in 19 countries.
  • There are 7,160 employees working in this company.
TypePublic
IndustryChemicals
ProductsChemicals, Decorative paints, Industrial finishing products, Coatings
Revenue₹29,481 crore
employees7,160

2.) Berger Paints Ltd.

Top 5 Paint Companie - BERGER PAINTS LTD
  • Berger Paints Ltd is also an Indian multinational paint company.
  • The company was founded on December 17, 1923.
  • Lewis Berger is the founder of Berger paints company.
  • This company headquarters is in Kolkata, Bengal, India.
  • The company provides its services in five countries – India, Russia, Poland, Nepal, and Bangladesh.
  • They have an employee strength of over 3,600 and a countrywide distribution network of more than 25,000 dealers.
  • Berger Paints Ltd is the second-largest paint company in the country.
  • This company has 16 manufacturing units in India, 2 in Nepal, and 1 each in Poland and Russia.
TypePublic
IndustryChemicals
ProductsChemicals, Decorative paints, Industrial finishing products, Coatings
Revenue₹8,826 crore
employees3,600

3.) Kansai Nerolac Paints Ltd.

Top 5 Paint Companie - KANSAI NEROLAC PAINTS LTD
  • Kansai Nerolac Paints Limited is one of the largest industrial paint companies.
  • It is the third-largest decorative paint company in India.
  • The headquarters of this company is in Mumbai, Maharashtra, India.
  • Kansai Nerolac Paint Ltd started in 1920.
  • It started as Gahagan Paints & Varnish Co. Ltd. at Lower Parel in Mumbai.
  • The amazing fact about it is that it recognizes as the second-largest coating company and the third decorative paint firm in India.
TypePublic
IndustryChemicals
ProductsChemicals, Decorative paints, Industrial finishing products, Coatings
Revenue₹5,305 crore
employees2,992

4.) Akzo Nobel India Ltd.

Top 5 Paint Companie - AKZO NOBEL INDIA LTD
  • Akzo Nobel N.V., stylized as AkzoNobel, is a Dutch multinational company.
  • This company creates paints and performance coatings for both industry and consumers worldwide.
  • The headquartered of this company is in Amsterdam.
  • AkzoNobel India present in India for over 60 years.
  • This is one of the top paint companies in India also recognized as Dulux Paints.
TypePublic
IndustryChemicals
Founded1994
BrandsDulux
employees32,200

5.) Indigo Paints Limited

Top 5 Paint Companie - INDIGO PAINTS LTD
  • Indigo Paints Limited is an Indian paint company.
  • The headquartered of this company is in Pune, Maharashtra, India.
  • Hemant Jalan founded Indigo Paints Company.
  • Indigo Paints was founded in March 2000.
  • It is the house of water-based paints.
  • It is one of India’s top paint companies.
  • This paint company offers a wide range of products like interior emulsions, exterior emulsions, enamels, putties, primers, and more.
TypePublic
IndustryChemicals
Founded1998
Revenue₹600 crore
employees650

You may also like:

Share with friends

Leave a Comment

Your email address will not be published. Required fields are marked *