Beruflich Dokumente
Kultur Dokumente
Paint Industry
Paint industry estimated at Rs. 135bn. Unorganized sector accounts to 35% of paint market. Volume growth estimated at 15%. Indias share in the world paint market is 0.6%. Per capita consumption of paint in India is
1.2kg/annum.
Champaklal choksey, Chimanlal choksey, Suryakant Dani and Arvind Vakil as ASIAN OIL & PAINTS COMPANY.
Within three years, their turnover reached 3.5 lacs. In 1967, Asian paints became the 10th largest paint
Vision
Asian Paints aims to become one of the top 5 Decorative Coatings companies worldwide by leveraging its expertise in the higher growth emerging markets. Simultaneously, the company intends to build long term value in the Industrial coatings business through alliances with established global partners.
MISSION
TO BE THE LARGEST DECORATIVE PAINT CO. WORLDWIDE AND TO BE THE 5TH LARGEST PAINT MANUFACTURING CO. WORLDWIDE.
Company Profile
Product Profile
INTERIOR PAINTS.
EXTERIOR PAINTS.
WOOD FURNISHES.
Competitors
Market Share in India
Financial Analysis
4500
Gross Sales
3360.7 2777.4
Rs. In crore
4059.9
4000
3500 3000 2500 2000 1500 1000 500 0 2025.9
2338.8
2003-04
2004-05
2005-06
2006-07
2007-08
Net Sales
376.6
300
269.9
250
200
173.8 147.6
187.8
150
50
2003-04
2004-05
2005-06
2006-07
2007-08
39.4
35
30 25 20 15 10 5
15.39
18.12
2004
2005
2006
2007
2008
Market Capitalisation
Education.
Other Initiatives.
Asian Paints is planning to increase the capacity by setting up a plant at Rohtak, Haryana. No other company is planning to increase its capacity in the near future, this will give Asian Paints a competitive advantage in terms of pricing. GDP growth slowdown in the growth rate of two important activities i.e. repaint activity and construction activity will have direct impact on the volume of APL, thus effecting its profitability and margins. Rural markets have considerable potential. Companies that can establish a dealer network in these markets are likely to get the edge in positing above par growth rates over the next few years. As setting up distribution infrastructure is expensive, it would mean that the competition is limited to the top players. Due to substantial hike in raw material prices, Asian Paints has raised the prices of solvent based paints, thus demand would be affected to some extent.