Paint is a term used to describe a number of substances that consist of a pigment suspended in a liquid or paste vehicle such as oil or water. With a brush, a roller, or a spray gun, paint is applied in a thin coat to various surfaces such as wood, metal, or stone. Although it’s primary purpose is to protect the surface to which it is applied, paint also provides decoration.

The paint industry worldwide is classified into two segments viz. decorative and industrial segment in India constitutes nearly 70% of the market whereas the scenario is just the reverse in the developed countries. In India, the market for industrial paints (30% of the overall market) is growing faster than that for decorative paints. The paints majors were switching over to industrial paints sensing better prospects of the segment. The industrial paints are produced principally by the organized sector as this segment is relatively more technology driven.

Decorative Segment is dominated by the unorganized sector which now accounts for 70% of the total paint production as against 75% three to four years ago. The unorganized sector has an advantage over the organized sector since it is fully exempted from the 20% excise duty and other government levies. The major players in the decorative segment are Asian Paints, Kansai Nerolac (earlier Goodlass Nerolac), Berger Paints, ICI, Jenson & Nicholson, Shalimar Paints and Garware Paints. Each company has its relative strength in one or the other types of paints: Asian Paints has the widest range; Kansai Nerolac is strong in distempers; Berger Paints and ICI focus on emulsions; and Jenson & Nicholson in enamel paints. Kansai Nerolac has a higher proportion of industrial paints while others generally have a high proportion of decorative paints. Most of these major players, however, also produce other types of paints in which they are not dominant.

 

Paints and their allied products like enamels, varnishes, pigments, printing inks and synthetic resins protect national assets from corrosion. These are increasingly being and consumer durable sectors. Thus economic development has a direct bearing on the paint industry. More investment in housing and infrastructure would mean greater demand for paints as most people aspire for better lifestyles. There is tremendous potential for the paints manufacturers in India because as against an average per capita consumption of paints in India is very less. The Indian paints market may grow over the next decade at 15 to 20 per cent per annum. There is a very bright future in paint industry and new entrepreneurs should venture into this segment.

 

Few Indian Major Players are as under:

Addisons Paints & Chemicals Ltd.

Advance Paints Pvt. Ltd.

Akzo Nobel India Ltd.

American Paints (India) Ltd.

Arofine Polymers Ltd.

Asian Paints Industrial Coatings Ltd.

Asian Paints Ltd.

Asian Ppg Inds. Ltd.

Bangalore Paints Ltd.

Beepee Coatings Pvt. Ltd.

Berger Paints India Ltd.

D I C Coatings India Ltd.

Deve Paints Ltd.

Elantas Beck India Ltd.

Jenson & Nicholson (India) Ltd.

Kansai Nerolac Paints Ltd.

Mercury Paints & Varnishes Ltd.

Multilac Surface Coating (India) Ltd.

Mysore Paints & Varnish Ltd.

N C L Alltek & Seccolor Ltd.

Pelican Paints Ltd.

Rajit Paints Ltd.

Ravi Paints & Chemicals Ltd.

Rich Paints Ltd.

Sarika Paints Ltd.

Shalimar Paints Ltd.

Sigma Paints Ltd.

Special Paints Ltd.

Tamil Nadu Paints & Allied Products Ltd.

See more:

http://goo.gl/v5M4Dw

 

Table of Contents

1.       District Profile & Geotechnical Site Characterization

2.       Introduction

3.       Composition of Paints

3.1.    Enamel Paint

4.       Types of Paints

4.1.    Distemper

4.2.    Emulsions

4.3.    Solvent Based Paints (Lustre/Enamel)

4.4.    Functional Paints

4.5.    Types of Finishes

5.       Composition of Paints

6.       Uses & Application

7.       Properties

8.       Paint for Defense Application

8.1.    Multi-Functionality of Paint Systems

8.2.    Paint, Finishing, Defence Equipment & Matt

8.3.    Methods of Test for Paints

8.4.    Materials Composition

9.       Market Survey

9.1.    Major Players in the Indian Paint Sector

9.2.    Major Paint Manufacturers

9.3.    Future is Bright

9.4.    Paints and Distemper

9.5.    Paints & Varnishes

9.6.    Production of Paints and Allied Products in India

9.7.    Selected Producers of Paints, Varnishes and Dyes (Sales) in India

9.8.    Cost Profit Analysis of Paint Company in India

10.   Financials & Comparison of Major Indian Players/Companies

10.1.About Financial Statements of CMIE Database

10.2.Profits & Appropriations

10.3.Total Liabilities

10.4.Total Assets

10.5.Net Cash Flow from Operating Activities

10.6.Section – I

10.6.1.         Companies Wise Contact Details

10.7.Section – II

10.7.1.    Income & Expenses

10.7.2.    Profits

10.7.3.    Forex Transactions

10.7.4.    Liabilities

10.7.5.    Assets

10.7.6.    Growth in Assets and Liabilities

10.7.7.    Growth in Income and Expenditure

10.7.8.    Liquidity Ratios (Times)

10.7.9.    Profitability Ratios (%)

10.7.10.       Return Ratios (%)

10.7.11.       Costs Compared to Sales

10.7.12.       Working Cycle & Turnover Ratios

10.7.13.       Structure of Asset & Liabilities (%)

10.7.14.       Cash Flow

11.   Export &Import Statistics Data of India

11.1.Export Statistics Data for Enamel Paint

11.2.Import Statistics Data for Enamel Paint

11.3.Export Statistics Data for Emulsion Paint

11.4.Import Statistics Data for Emulsion Paint

11.5.Export Statistics Data for Synthetic Enamel

11.6.Import Statistics Data for Synthetic Enamel

12.   Present Manufacturers

13.   Raw Material

14.   Manufacturing Process

15.   Process Flow Diagram

16.   Plant and Machinery

17.   Formulary of Paints and Other Coatings

18.   Suppliers of Raw Materials

19.   Suppliers of Plant & Machinery

20.   Plant Layout

21.   Plant & Machinery Photographs

 

PROJECT FINANCIALS

·         Project at a Glance

Annexure

·         Assumptions for Profitability workings ….…………………………………………....................... 1

·         Plant Economics…………………………………………………………………………….................... 2

·         Production Schedule……………………………………………………………………….................... 3

·         Land & Building…………………………………………………………………………….................... 4

§  Factory Land & Building

§  Site Development Expenses

·         Plant & Machinery………………………………………………………………………….................... 5

§  Indigenous Machineries

§  Other Machineries (Miscellaneous, Laboratory etc.)

·         Other Fixed Assets………………………………………………………………………….................... 6

§  Furniture & Fixtures

§  Pre-operative and Preliminary Expenses

§  Technical Knowhow

§  Provision of Contingencies

·         Working Capital Requirement Per Month………………………………………………................. 7

§  Raw Material

§  Packing Material

§  Lab & ETP Chemical Cost

§  Consumable Store

·         Overheads Required Per Month and Per Annum ……………………………………................. .8

§  Utilities & Overheads (Power, Water and Fuel Expenses etc.)

§  Royalty and Other Charges

§  Selling and Distribution Expenses

·         Salary and Wages ……………………………………………………………………………................. 9

·         Turnover Per Annum ………………………………………………………………………................ 10

·         Share Capital…………………………………………………………………………………................ 11

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 1            ::        Cost of Project and Means of Finance

•        Annexure 2            ::        Profitability and Net Cash Accruals

§  Revenue/Income/Realisation

§  Expenses/Cost of Products/Services/Items

§  Gross Profit

§  Financial Charges    

§  Total Cost of Sales

§  Net Profit After Taxes

§  Net Cash Accruals

 

•        Annexure 3            ::        Assessment of Working Capital requirements

§  Current Assets

§  Gross Working Capital

§  Current Liabilities

§  Net Working Capital

§  Working Note for Calculation of Work-in-process

 

•        Annexure 4            ::        Sources and Disposition of Funds

•        Annexure 5            ::        Projected Balance Sheets

§  ROI (Average of Fixed Assets)

§  RONW (Average of Share Capital)

§  ROI (Average of Total Assets)

 

•        Annexure 6            ::        Profitability ratios

§  D.S.C.R

§  Earnings Per Share (EPS)

§  Debt Equity Ratio

 

•        Annexure 7            ::        Break-Even Analysis

§  Variable Cost & Expenses

§  Semi-Variable/Semi-Fixed Expenses

§  Profit Volume Ratio (PVR)

§  Fixed Expenses / Cost 

§  B.E.P

 

•        Annexure 8 to 11   ::        Sensitivity Analysis-Price/Volume

§  Resultant N.P.B.T

§  Resultant D.S.C.R

§  Resultant PV Ratio

§  Resultant DER

§  Resultant ROI

§  Resultant BEP

 

•        Annexure 12          ::        Shareholding Pattern and Stake Status

§  Equity Capital

§  Preference Share Capital

 

•        Annexure 13          ::        Quantitative Details-Output/Sales/Stocks

§  Determined Capacity P.A of Products/Services

§  Achievable Efficiency/Yield % of Products/Services/Items 

§  Net Usable Load/Capacity of Products/Services/Items   

§  Expected Sales/ Revenue/ Income of Products/ Services/ Items   

 

•        Annexure 14          ::        Product wise domestic Sales Realisation

•        Annexure 15          ::        Total Raw Material Cost

•        Annexure 16          ::        Raw Material Cost per unit

•        Annexure 17          ::        Total Lab & ETP Chemical Cost

•        Annexure 18          ::        Consumables, Store etc.

•        Annexure 19          ::        Packing Material Cost

•        Annexure 20          ::        Packing Material Cost Per Unit

•        Annexure 21          ::        Employees Expenses

•        Annexure 22          ::        Fuel Expenses

•        Annexure 23          ::        Power/Electricity Expenses

•        Annexure 24          ::        Royalty & Other Charges

•        Annexure 25          ::        Repairs & Maintenance Expenses

•        Annexure 26          ::        Other Manufacturing Expenses

•        Annexure 27          ::        Administration Expenses

•        Annexure 28          ::        Selling Expenses

•        Annexure 29          ::        Depreciation Charges – as per Books (Total)

•        Annexure 30          ::        Depreciation Charges – as per Books (P & M)

•        Annexure 31          ::        Depreciation Charges - as per IT Act WDV (Total)

•        Annexure 32          ::        Depreciation Charges - as per IT Act WDV (P & M)

•        Annexure 33          ::        Interest and Repayment - Term Loans

•        Annexure 34          ::        Tax on Profits

•        Annexure 35          ::        Projected Pay-Back Period And IRR