Asian Paints

Asian Paints is India´s largest and Asia´s third largest paint company. It has maintained its position of being a leader in the paint industry with a market share of 57 per cent, in spite of competition gaining momentum and volume pressure. The company, along with its subsidiaries, has operations in 20 countries across the world. It has a strong dealer network of over 35,000 across India, which is nearly double the country´s number two player - Berger Paints - in the decorative segment. Asian Paints is looking to increase its capacity by 20 per cent to 12 lakh kilo litres (KL) per annum by March 2016, which will mostly be powered by a doubling of capacity at its Rohtak facility. That said, the company is now strongly focusing on the Tier-III and Tier-IV cities, especially in the east and north-east region. On a consolidated basis, it reported a growth of 11.32 per cent in top-line of Rs 14,005 crore in FY15 as against Rs 12,582 crore in the previous year of FY14. Bottom-line grew at 14.5 per cent at Rs 1,395 crore as against Rs 1,219 crore in the previous year.