KNPL 3-1
KNPL 3-1
KNPL 3-1
Chapter I:
1) Introduction about the concern.
2) Objectives.
3) Scope of the study
4) Limitations of the study.
Chapter II:
1) History of the Organisation.
2) Company profile.
3) Product Profile.
4) Market Status.
5) Organizational Structure.
Chapter III:
1) Various Departments.
2) Environment, Society, Governance.
3) SWOT Analysis.
Chapter IV:
1) Suggestion.
2) Conclusion.
3) Reference.
CHAPTER – I
1.1 INTRODUCTION ABOUT THE CONCERN:
Training is a process of learning and understanding the sequence of program activities. It is
the application of knowledge it gives people an awareness of rules and procedures to guide
their behaviour. It attempts of improve their performance of the current job on prepare them
for an intended job.
Employee training tries to improve skills are add to the exiting level of knowledge so that the
employee is better equipped to do his present job or to prepare him for higher position with
increased. Responsibilities however individual growth is not an end.
Marketing department is the backbone of every organization. This is also possible to this
organization. Because this organization can claim all the benefit from various mixes of
promotion activities through advertisement, sales promotion, public relation and customer
awareness program.
Organisational growth needs to be measured with the individual growth. The concern for the
organisation visibility that is adopt itself to a changing environment growth and development
must be seen in the context of the change.
1.2. OBJECTIVES OF THE STUDY:
The main objective of this study is to “DISTRIBUTION CHANNEL OF PAINTS”
with reference to Kansai Nerolac Paints Limited.
To know the market position of the KNP Limited.
Understanding how sales & distribution fits into big picture of Marketing & How they
are achieving organisation goals.
Analyse the planning and implementation of sales and marketing program.
Study of the organisation structure.
To analyse the quality of the Product.
And Identify the Strength and Weakness of the Organisation.
1.3 SCOPE OF THE STUDY:
The scope of the study for management student gets to apply all their
theoretical knowledge in the company's training. During training they solve
the problem given by the company and to know the things practically.
The study gives the company a true and unbiased picture.
1.4. LIMITATIONS OF THE STUDY:
I had completed my study within short period, and it was not to understand
practically all aspects of the subjects.
Each factor has been carried out carefully as much as possible limitation to the
study is beyond control.
As all the primary data has been discussion and interviews.
And some data are collected by the secondary information.
CHAPTER – II
2.1 HISTORY OF THE ORGANISATION:
Kansai Nerolac Paints Limited (KNPL) has been a cherished name in millions of
households across India and is well known brand for its eco-friendly and high-quality
products.
Our product innovations, cutting-edge R&D, state-of-the-art solutions along with our
sensitivity towards the environment led Kansai Nerolac as the second largest coating
company in India and a market leader in industrial Coatings.
KNPL started its journey as Gahagan Paints and Varnish Co. Ltd at lower Parel in
Mumbai in 1920.
It grew popular as Goodlass Nerolac Paints (Pvt) Ltd. In 1957 and went public in the
same year in 1976, Goodlass Nerolac Paints (GNPL) became a part of Tata Forbes
Group on acquisition of a part of the foreign shareholdings by Forbes Gokak in 1999,
Kansai Paint Co. Ltd., Japan took over the entire stake of Tata Forbes group and thus
GNP became wholly owned subsidiary of Kansai Paints on 11 th July 2006, its name
changed to Kansai Nerolac Paints Ltd (KNPL).
Today KNPL is leading Asia's second largest market with sales location all over India
and strategically located four manufacturing facilities at Lote (Maharashtra), Jaipur
(Utra Pradesh), Bawal (Haryana), Hosur (Tamil Nadu).
Company is embarked upon expansion journey and plans to add advanced technology
manufacturing facilities at Gujarat and Punjab.
KNPL, being leader in industrial coatings, has strong presence in automotive paints
segment with its clients include Maruti Udyog, Bajaj Auto, tata motors, Honda cars,
Mahindra etc.
It was pioneer in introducing for its customers.
In decorative market, company’s products are known for their superior quality and
eco-friendly nature of paints.
Impressions, excel, Beauty and Suraksha are some of the popular brands of KNPL.
The total income of the Kansai Nerolaco Paints Company amounted to Rs. 2,162.19
crore in the record of 2011.
The net profit of the company amounted to Rs. 215.89 crore.
The various plants of Kansai Nerolac Paints have been certified by agencies such as
BVQI and Intertek, ISO 14000, ISO 9000 2000, OHSAS 18000 are just some of the
certifications that Kansai Nerolac Paints has received for its efficiencies in work
processes and standards.
Kansai Nerolac Paints has very wide network of more than 11,000 dealers spread all
over the country.
Who is the chairman of the company Mr. Harishchandra Bharukha is the managing
director of Kansai Nerolac Paints which employs more than 2000 people.
The company has presence in several Indian states such as West Bengal, Assam,
Tamil Nadu, Gujarat, Haryana, U.P, M.P, and Maharashtra.
Parent company:
Kansai Paint was founded by Katsujiro Iwai in Amagasaki City, Japan in May
1918.Kansai Paint is a comprehensive manufacturer of paints and coatings. The
Products include- Automotive Coatings, Industrial coatings, Decorative coatings,
Protective coatings and Marine Coatings. They are also present in U.K., Turkey,
U.S.,Canada, Mexico, UAE.
Our clients:
Honda Motor Company.
Toyota Motor Corporation.
Tata Motors.
Maruti Suzuki India Limited.
Nissan Motor Company.
Fiat Chrysler Automobiles.
Hero MotoCorp.
Bajaj Auto.
Volvo Group.
Industrial Vehicle Corporation.
Ford Motor Company.
Swaraj Mazda Limited.
Hindustan Motors Limited.
Mercedes Benz India Private Limited.
Volkswagen India Private Limited.
Suzuki Motor Corporation.
Eicher Motors Limited.
Yamaha Motor Company Limited.
Mitsubishi Motors Corporation.
Hinduja Group.
Mahindra & Mahindra Limited.
TVS Motor Company Limited
Cultural Ethos:
♦ Vision driven organization.
♦ Employees feel pride in being part of the organization.
♦ Recognition of human dignity.
♦ Performance-linked reward system.
♦ Autonomy in work is high.
♦ High commitment to quality products.
OUR PHILOSOPHY
With a philosophy that encourages compassion and a vision that has tremendous
foresight, the way ahead has been charted for success and growth.
Our belief in them provides us with the firm foundation to build our business and it serves
as a blueprint to guide us as we surge ahead.
Kansai Paints Ltd organisation has laid out the future direction.
We believe that magic happens when people come together with a shared mission, clear
strategy and shared values.
We have embarked on this new journey with a new vision, mission and a new set of core
values.
Vision Statement
“We design solutions that protect, inspire and touch lives everyday”.
Mission Statement
“We leverage superior technology to contribute to our Customers and Society, in a
sustainable manner, with innovative Products and Services, through a competent
workforce, built on a culture of Customer Focus, Integrity and Respect to our
Stakeholders.”
Core Values
Our core values are a representation of an enthusiastic group of people, together around a
single purpose. “icare!” defines the way we live our core values everyday
There’s no limit to the possibilities of growth and dreams at Nerolac. Everyone is
encouraged to become an active participant in the company’s story with their
contribution. This can be in the form of originality of thinking, practicality of execution
and even just by taking the onus to see an idea through.
We believe we are as strong as our team. By creating open and lateral channels of
communication within teams and between cross-functional teams, we encourage idea
generation, and this unhindered flow of information could be where our next big idea
comes from.
Nurturing our Capitals and ESG approach
We follow a triple bottom-line (3P – People, Planet and Profit) approach and
judiciously manage the six capitals (Natural, Human, Financial, Manufactured,
Intellectual and Social & Relationship) to achieve our strategic objectives.
As a responsible corporate citizen, we have mapped our capitals to the relevant United
Nations Sustainable Development Goals (UN SDGs).
2.2 Company Profile:
Application Details
2.3 Product Profile
Company provides products/ services as:
a) Wonder wood Gloria, impressions Ultra HD, Nero fix Adhesive which are newly
launched.
b) The company has launched pro products in the Rebar Powders segment which is expected
to grow further in times.
c) The company is popular for decorative paint.
d) Also, Interior wall paints and exterior Wall paints.
e) Wood coatings, Metal Enamel Paints, Paint Ancillary.
f) Designer Range, Primers, Enamel Paints.
g) Waterproofing, Adhesives, Solider.
Products
Satin Enamel
Nerolac satin enamel is specially formulated to give an excellent smooth finish resembling
the smoothness of satin to masonry, wood and metal surfaces. It can be easily cleaned to give
new look to the surface.
Synthetic Enamel
Nerolac Synthetic Enamel is a time tested and proven, high-quality based enamel
Performance Features & Benefits
Excellent Water Repellence Good Stain Resistance Excellent flow characteristics to form
smooth and uniform finish Excellent Hardness and Durability Excellent Gloss.
Hi-Performance Enamel
premium quality water base special effect designer series range that creates a variety of
special effects and textures on interior walls and is based on pure acrylic emulsion.
Impressions Disney Special Paint for Kids
Nerolac Disney Emulsion is a water-based, premium super luxury interior wall finish. It
provides a distinctly rich, velvety smooth with exquisite satin finish. Ideal base coat for
Disney stencil application and for superior results.
Impressions 24 Carat Premium Emulsion
Product Description.
Not available.
Performance Features & Benefits.
Not available.
Available in shades.
Not available.
Beauty Flexi Stretchable Emulsion
Nerolac Beauty Flexi Coat Premium Interior Emulsion is a specially designed water-based,
Premium, Topcoat capable of bridging cracks* in underneath plaster services, better than
most of the other premium emulsions. Its formula using pure acrylic latex, and high opacity
micronized pigments give good flow and levelling properties, that impart smooth velvet
finish with soft sheen, excellent elasticity and washability.
Organization chart:
2.4 Market Status:
The Mumbai-based company is the leader in the industrial paints segment with a market
share of over 40%. It is the third-largest player in the decorative paints segment with a
modest market share of 13%. Nearly 75% of the Indian paints industry consists of the
decorative segment.
Type Public
Traded as BSE: 500165
NSE: KANSAINER
Industry Chemicals
Founded 1920
Headquarters Mumbai, Maharashtra
,
India
Area served India
Key people H.M.Bharuka (MD)
Products Chemicals
Decorative paints
Industrial finishing products
Coatings
Revenue ₹5,305 crore (US$660 million)
(2020)
Operating income ₹687 crore (US$86 million) (2020)
Net income ₹515 crore (US$64 million) (2020)
Total assets ₹4,883 crore (US$610 million)
(2020)
Total equity ₹3,706 crore (US$460 million)
(2020)
Number of employees 2,992 (2020)
Parent Kansai Paint
Website nerolac.com
2.5 Organizational Structure.
Chapter III
3.1 Various Departments:
With the whole country moving towards digitisation, it is the need of the hour to invest in the
digital infrastructure of the company. Digitisation is fuelling growth and harnessing its
potential has become imperative in today’s competitive world. It is with this vision that in
February 2000, Nerolac was transformed from a function-based legacy system into a process-
based organised system by investing and implementing the SAP R/3 solution. Further
measures to keep the company abreast of the digital developments were also taken with the
implementation of core SAP applications like SAP R/3, SAP Supply Chain and supported
dealer and vendor portals.
Nerolac continues to use enterprise resource planning tools and upgrade them to the latest
versions. All the existing core SAP applications are of the latest version and cutting-edge
applications and solutions are being sought out in the areas of Finance, Marketing and
Customer Relationship, Manufacturing, Corporate Governance, Business Analytics, Mobile
and Vendor portals etc.
This foresight in the IT department puts the company eons ahead and gives it the necessary
edge to stay on the path of success and ensure transparency to all its stakeholders.
HR Department:
HR Strategy & Organizational Performance
Our employees are the pulse of our company. Hence, it has always been our endeavour to
create an atmosphere of trust, confidence and transparency.
Kansai Nerolac’s HR department has initiated multiple tools, processes and activities to
streamline the appraisal and employee recruitment system.
Work Systems
RMS: The Recruitment Management System was introduced in KNPL to improve & provide
seamless services to employees, with regards to the manpower requirements in the Employee
Self Service portal to provides end-to-end solutions starting with online manpower
requisitions, vacancy sharing, position status tracking and offer generation to the appointment
of new incumbents.
PMS: The online Performance Management System (PMS) is a web-based tool that makes it
easier for the appraisal receiver and appraiser to keep track of processes involved in the
Quarterly as well as Annual events. The online PMS has given employees an understanding
of how performance is assessed and monitored. Employees can view their ratings and
assessment on their strengths, weaknesses and development needs, providing them an
opportunity to discuss and clarify developmental and training necessities
Performance Diary: Performance Diary is a tool that’s used to enter information about an
employee’s job-related activities. The information may be daily activities or achievements
and activities that are related to the employee’s current year KRAs.
BOLT: A path-breaking, online testing initiative, the instrument is a lot more than just online
testing & hence appropriately called B. O. L. T i.e., Beyond Online Testing. The aim of
BOLT is to enhance the competency levels of the employees across the organization and
evaluate them for career advancement, appraisals and cross functional movements.
Work Practices
Campus Collaboration: Fresh talents from the management & engineering fields are
recruited through reputed management and engineering / technical institutes. This influx is
brought in by the industry through short- term internship assignments and seminars and
campus collaboration initiatives. We at Nerolac are committed to contribute to the society by
enhancing the capabilities of students.
Finance Department:
KANSAI NEROLAC PAINTS LTD - FINANCIAL OVERVIEW
PARTICULARS (
2022 2021 2020
CR)
OPERATING
668.81 871.56 808.48
PROFIT
PROFIT BEFORE
505.12 714.07 683.60
TAX
PROFIT AFTER
374.33 530.60 535.40
TAX
SHARE CAPITAL 53.89 53.89 53.89
NET WORKING
1901.72 1423.12 1511.22
CAPITAL
OPERATING
PROFIT MARGIN 11.24 18.27 16.36
(%)
NET PROFIT
6.29 11.12 10.83
MARGIN (%)
EARNINGS PER
6.95 9.85 9.94
SHARE (RS)
DIVIDEND
282.93 237.12 140.12
PAYOUT
These finance department functions don’t have to be delegated to employees as listed above.
Depending on the size of the company, you may have multiple people performing one
function, or one person performing multiple functions. Here are examples of how you might
see these functions broken out in businesses of various size:
Startups: Newer, rapidly growing companies may not need a whole finance
department at first, but as the company grows and finances become increasingly
complex, the startup may need to hire a select team to help them manage. These
professionals will likely take on multiple department roles. For example, the CFO and
the controller are often the same person in a startup. Additionally, a CFO may flex to
handle FP&A responsibilities in addition to strategic planning.
Small Businesses: Most businesses of this size don’t have the need or funds to hire a
whole full-time finance department. The business owner(s) often handle all the
record-keeping and finances, though they may work with a bookkeeper and/or
accountant. Though there likely won’t be a full internal finance team, small
businesses may contract with part-time finance professionals like a fractional CFO to
support growth.
Midsize to Large Companies: Once a company has grown to be midsize or larger,
the roles within the finance department will become more defined. Each finance team
member will be responsible for one of the four finance functions, and there will often
be entire teams of people for each specific task.
Regardless of company size, businesses can rest assured that if they have a team that handles
recording, controlling, FP&A and finance management, they have covered all the basic
functions of a traditional finance department.
Marketing Department:
Marketing Strategy of Nerolac Paints
Nerolac’s marketing strategy is different from other paint brands. It has always focused on a
healthy paint version by promoting its paints as lead-free.
It has emphasized advertisements that would increase the popularity of the products. Nerolac
has several products which are of decorative and industrial purpose. Also, it has online tools
such as paint calculators that help the customers in using its products efficiently. Online apps
include Nerolac – Colour Myspace, and Nerolac Pragati. The services provided by the brand
increased its popularity, productivity with good quality paints. Now that we know what
marketing strategy the company applies, let us now understand Nerolac’s marketing
campaigns in the coming section.