- Business
- Kamdhenu Ventures Limited manufactures and supplies decorative paints and related products in India under the Kamdhenu Paints brand. The company offers an extensive portfolio including dual paints series; designer finishes; exterior emulsions; interior emulsions; economic emulsions; acrylic washable distempers; premium enamel paints; wood coating products; water-proofing solutions; under coats; primers; putty; colorants; stainers; textured finishes; cement paints; synthetic enamels; general purpose enamels; and aluminum paints. Incorporated in 2019 and headquartered in Gurugram, Haryana, it operates through its wholly owned subsidiary Kamdhenu Colour and Coatings Limited, serving residential, commercial, and industrial customers via a network of approximately 4,300 dealers, 34 sales depots, and franchisee-based distribution across India. Kamdhenu Ventures emerged from the demerger of the paints business of Kamdhenu Limited, approved by the National Company Law Tribunal and listed on stock exchanges in early 2023 to enhance operational flexibility and independent growth. Recent developments include the launch of a new premium wood coatings range in October 2024 to international quality standards; expansion of production capacity from 36,000 kilolitres to 49,000 kilolitres per year; aggressive installation of tinting machines in dealer networks; opening of new depots such as by Kamdhenu Colour and Coatings in November 2025; acquisition of stakes by Mauritius-based FIIs Al Maha Investment Fund and Unico Global Opportunities Fund in September 2024; and reporting Q2 FY26 results with revenue of Rs 57 crore (up 4% YoY), EBITDA of Rs 4 crore (6.5% margin), and PAT of Rs 1 crore amid strategic focus on premiumization, network expansion, and cost optimization.