Kamdhenu plans Rs 1,000 cr revenue from paint segment in next 5 years
Paint

Kamdhenu plans Rs 1,000 cr revenue from paint segment in next 5 years

Infrastructure and construction company Kamdhenu Group plans to generate a revenue of over Rs 1,000 crore from its paint segment over the next five years, amid rising demand for the product in line with new housing projects.

Satish Kumar Agarwal, Chairman and Managing Director (CMD), Kamdhenu Group, told the media that the company is also in the process of hiving off its paints business into a separate entity.

According to data provided by the company, Kamdhenu had garnered a revenue of Rs 226 crore from the paints segment in FY20. Agarwal further said for better functioning of the segment, the management has decided to demerge the paints division into a separate entity and later list it on the stock exchanges.

Kamdhenu Paints has its manufacturing plant at Chopanki in Rajasthan, where it manufactures interior and exterior emulsions, stainers, colourants, designer paints, construction chemicals, waterproofing chemicals and other water-based speciality products.

It also outsources median and low-range products like distempers, enamel and putty from manufacturing units in Rajasthan, Uttar Pradesh, Haryana and Punjab.

Gurugram-based Kamdhenu Group has a presence in the steelmaking sector, besides paints.

Under the franchise model, the company has TMT manufacturing plants in states like Gujarat, Andhra Pradesh, Telangana, Odisha, Karnataka, Goa Rajasthan Bihar, Uttar Pradesh, Himachal Pradesh, Punjab, Uttarakhand, West Bengal, Madhya Pradesh, and Jharkhand, among others.Image Source

Infrastructure and construction company Kamdhenu Group plans to generate a revenue of over Rs 1,000 crore from its paint segment over the next five years, amid rising demand for the product in line with new housing projects. Satish Kumar Agarwal, Chairman and Managing Director (CMD), Kamdhenu Group, told the media that the company is also in the process of hiving off its paints business into a separate entity. According to data provided by the company, Kamdhenu had garnered a revenue of Rs 226 crore from the paints segment in FY20. Agarwal further said for better functioning of the segment, the management has decided to demerge the paints division into a separate entity and later list it on the stock exchanges. Kamdhenu Paints has its manufacturing plant at Chopanki in Rajasthan, where it manufactures interior and exterior emulsions, stainers, colourants, designer paints, construction chemicals, waterproofing chemicals and other water-based speciality products. It also outsources median and low-range products like distempers, enamel and putty from manufacturing units in Rajasthan, Uttar Pradesh, Haryana and Punjab. Gurugram-based Kamdhenu Group has a presence in the steelmaking sector, besides paints. Under the franchise model, the company has TMT manufacturing plants in states like Gujarat, Andhra Pradesh, Telangana, Odisha, Karnataka, Goa Rajasthan Bihar, Uttar Pradesh, Himachal Pradesh, Punjab, Uttarakhand, West Bengal, Madhya Pradesh, and Jharkhand, among others.Image Source

Next Story
Resources

Master Builders Solutions Forges Path into India Market with MBT-Construction Chemicals

Master Builders Solutions, a global leader in innovative concrete admixtures and solutions for the construction industry, announces its strategic expansion into the dynamic Indian market. Leveraging its expertise and advanced solutions, Master Builders Solutions aims to address the growing demand for sustainable, high-performance construction materials across various sectors in India. The move into India represents a significant milestone for Master Builders Solutions, aligning with its commitment to delivering cutting-edge solutions worldwide. With a rapidly evolving construction landscape in..

Next Story
Resources

TrucksUp collaborates with AU Small Finance Bank to empower aspiring buyers and small fleet owners

TrucksUp has announced a strategic partnership with AU Small Finance Bank Ltd to offer economic, easy and hassle-free financing solutions for used trucks focusing on driver and transport business community. This partnership tactically aims to support small fleet owners in India by providing low EMI loans at competitive interest rates. Their target audience can also benefit from refinancing options on existing trucks and avail of top-up loans to meet their financial needs. This is making the access to capital needs for truck drivers’ community easy to grow and scale their business. This colla..

Next Story
Resources

Build Capital to Invest Rs 1.5 billion in Navi Mumbai’s RE Market in 2025

Build Capital, an innovative early-stage real estate fund, has completed its maiden investment in the Navi Mumbai market. This investment in Satyam Group’s project is part of Build’s strategy to become a preferred partner in early – stage real estate financing in Mumbai Metropolitan Region (MMR).Build Capital has further announced that it plans to invest close to Rs 1.5 billion (bn) in the Navi Mumbai market out of its total target investments of Rs. 4 bn for the year 2025. Kuldeep Jain, CEO and Co-Founder, Build Capital said, “We are plugging the existing gaps of early-stage financing..

Hi There!

"Now get regular updates from CW Magazine on WhatsApp!

Join the CW WhatsApp channel for the latest news, industry events, expert insights, and project updates from the construction and infrastructure industry.

Click the link below to join"

+91 81086 03000