Walplast expands capacities and shows strong YoY growth in HomeSure portfolio

Walplast Products Pvt. Ltd, a leader in building materials production and the third-largest manufacturer of Wall Putty in India, has reinforced its manufacturing capabilities in the South by commercializing two new plants in Chennai and Perundurai, Tamil Nadu, specializing in White Products and boasting capacities of 150,000 and 180,000 metric tonnes per annum, respectively. “Moving forward, the company is set to add two more plants in the upcoming fiscal year 2024-2025, further consolidating its position in the market. The first of these two plants, scheduled for June 2024, is located in Nanhwara, Katni, Madhya Pradesh, and will house a Grinding Unit for Wall Putty and White Products,” said Kaushal Mehta, Managing Director.

“With an impressive capacity of 600 metric tonnes per day and 216,000 metric tonnes per annum, this state-of-the-art facility will feature cutting-edge technologies such as the latest Vertical Roller Mill GU and a high-intensity blender. It will also include a sewage treatment plant, demonstrating Walplast's commitment to environmental sustainability,” he added. Simultaneously, in June 2024, the company will also open a plant in Khapoli, Maharashtra, adding Grey Products (Tile Adhesive, Block Jointing Mortar, and Ready Mix Plaster) to its portfolio, with an annual capacity of 100,000 tonnes.

“Our Homesure Tile Ex Tile Adhesive brand recorded a 51% volume increase, with the highest growth observed in Rajasthan, followed by Maharashtra, Gujarat, Punjab, and Tamil Nadu. Similarly, the Homesure WallEx AAC Blocks experienced a remarkable 151% growth in Tamil Nadu, while Homesure GypEx Gypsum Plaster saw a substantial 101% increase in volumes,” he added.

Homesure Scratch Ex Textures boasted a notable 35% volume growth in Jharkhand, and Homesure GypEx Gypsum Boards portfolio also saw a commendable 24% rise in volumes across Maharashtra, Gujarat, and Madhya Pradesh. “The company also successfully launched two new products last year, namely Homesure W-shield (Waterproofing solutions) & Homesure Master Touch Paints (Emulsions, Primer. Distempers), further diversifying its product portfolio and consolidating its position as a leader in the industry,” he stated.