Nippon Paint India Pvt Ltd
About
Nippon Paint India is a part of Number 1 Asian paint manufacturers Nippon Paint, which is based in Japan. Nippon India is headquartered in Chennai and is one of the founders of the Green Building Council. It is focused on using less water, conserving natural resources, optimising energy efficiency, and generating less waste. The company offers interior and exterior wall paints, in addition to wood and metal paints, undercoats and primers, and construction solutions. Nippon Paint Neo offers wholly integrated painting solutions for homes, housing structures, and corporate offices. Its operations span 14 Indian states, including Punjab, Maharashtra, Telangana, Chhattisgarh, and Madhya Pradesh, primarily catering to industries like automotive, decorative, and industrial. Nippon Paint India’s nShakti program aims to empower underprivileged women in India by providing wall painting training and certifying them as professional wall painters.
Featured In Fortune India Ranking
Financial Data 2023
Financial Data
| PARAMETERS | 2023 | 2022 | 2021 | 2021 | 2020 |
|---|---|---|---|---|---|
| Revenue (INR Cr) | 2632 14.4% | 2301 73.2% | 1274 -0.4% | 1329 4.3% | 1279 - |
| Net Operating Income (INR Cr) | 2614 16.89% | 2237 73.79% | 1246 -0.95% | 1287 3.29% | 1258 0.00% |
| Profit (INR Cr) | 68 4766.4% | 1 - | 21 69.0% | -53 - | 13 - |
| Assets (INR Cr) | 698 12.1% | 622 5.4% | 640 3.4% | 590 -7.8% | 619 - |
| Net Worth (INR Cr) | 638 11.8% | 571 0.3% | 622 3.6% | 569 -8.5% | 601 0.0% |
| Employee Cost (INR Cr) | 246 17.4% | 210 61.7% | 143 -0.9% | 130 -9.0% | 144 - |
| Interest Cost (INR Cr) | 5 | 12 | 1 | 1 | 1 |
| Cash & Bank Balance (INR Cr) | 233 | 194 | 339 | 236 | 261 |
| Total Debt (INR Cr) | 0 | 0 | 0 | 0 | 0 |
Key Financial Ratios
| PARAMETERS | 2023 | 2022 | 2021 | 2021 | 2020 |
|---|---|---|---|---|---|
| Profit As % Of Revenues | 2.6% | 0.1% | 1.7% | - | 1.0% |
| Profit As % Of Assets | 9.8% | 0.2% | 3.4% | - | 2.1% |
| Profit As % Of Networth | 10.7% | 0.3% | 3.5% | - | 2.1% |
| Interest Cost to EBITDA % | 4.1% | 30.7% | 2.9% | - | 5.7% |
| Debt to Equity Ratio | - | - | - | - | - |
| RONW | 11.3% | 0.3% | 3.5% | - | 2.1% |
| ROCE | 16.0% | 3.0% | 4.4% | -11.7% | 3.3% |