PAINT INDUSTRY

By: Sainatth Wagh

PAINT INDUSTRY

Asian Paints70%

Berger Paints

8%

Kansai Nerolac

12%

Others9%

Market Cap

Total Market size - US$1400 million   - Organized Sector - 75%

  - Unorganized Sector - 25% Organized Sector dominates by three large players Unorganized Sector comprising about 2000 units manufacturing various categories of paints. Total Volume of the Market - 600,000MT

CAPITAL STRUCTURE OF THE COMPANIES

Gearing Ratio highest for Berger Paints

Market Risk highest for Berger Paints.

 

Capital Structure of Asian Paints Capital Structure of  Kansai Nerolac  Capital Structure of Berger PaintMar 10  Mar 09  Mar 08  Mar 10  Mar 09  Mar 08  10-Mar Mar 09  8-Mar

Equity

Share Capital 95.92 1557.2

295.92 1094.4

795.92 928.5

26.95772.8

27654.5

26.95593.7 69.21 626.22 63.77 415.23 63.77 349.01

Reserves 1461.3 998.55 832.58

745.9 628 566.7 557.01 351.46 285.24

Debt

Secured Loan 25.59

68.5924.59

74.1336.7

94.7

33.53

110

16.1

93.62

19.18

97.9524.41

24.4678

78.0699.84

120.92Unsecured Loan 43 49.54 58

76.45 77.5 78.770.05 0.06 21.08

Debt/Equity Ratio 0.044 0.068 0.102

0.142 0.143 0.1650.04 0.19 0.35

Mar 10 

Mar 09 

Mar 08 

0 0.05 0.1 0.15 0.2 0.25 0.3 0.35 0.4

Berger PaintKansai NerolacAsian Paint

KANSAI NEROLAC

ASIAN PAINTS

BERGER PAINTS

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