Besides bottom-line bliss, even KNP’s top line has been showing remarkable numbers. Revenues have appreciated consistently with the growth being an outstanding 16% over the past half-adecade, and reached a gigantic Rs.14.84 billion. The company has also emerged the market leader in industrial, automotive & powder coatings in India. All this makes the picture appear perfect for the paints major. Moreover, the industry is growing aggressively at 15% annually and valued at a scintillating Rs.95 billion today. But while KNP basks in this new found glory, there still happens to be much unfinished work before it basks in the bright ‘colours’ of accomplishments. Where does KNP fall short?
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Source : IIPM Editorial, 2007
An IIPM and Professor Arindam Chaudhuri (Renowned Management Guru and Economist) Initiative