What Tiki Tar Danosa India does

Tiki Tar Danosa India Pvt. Ltd., operating commercially under the brand TIKIDAN, is an Indian construction materials company specializing in waterproofing, thermal insulation, acoustic insulation, and drainage & protection solutions. The company operates as a subsidiary of Spain-based Danosa, with the joint venture combining Danosa's European materials technology (APP and SBS modified bituminous membranes, DANOPREN extruded polystyrene insulation, DANOCOAT polyurea spray systems, and synthetic PVC/TPO/HDPE membranes) with Tikidan's Indian market presence and distribution network. Its portfolio spans more than 500 products organized into five core solution areas: waterproofing (bituminous membranes, liquid-applied coatings, crystalline systems, synthetic membranes), thermal insulation (XPS foam boards), acoustic insulation (mass-loaded barriers, multi-layer panels, impact noise solutions), drainage and protection (HDPE dimple boards), and auxiliary products including repair mortars, injection grouts, primers, and integral waterproofing admixtures.

The business sells primarily through direct enterprise field sales targeting construction companies, architects, and project specifiers, supplemented by a documented channel partner and distributor network. The company maintains three regional offices in Mumbai (headquarters), Vadodara, and New Delhi, covering western and northern India. Pricing is quote-based and project-driven, with products sold in standard pack sizes and billings tied to project specifications. Revenue is generated through one-time product sales across five product streams (waterproofing, thermal insulation, acoustic insulation, drainage, and technical services/mentorship). The customer base spans residential construction, commercial construction, infrastructure projects, and industrial facilities, with marquee project references including the Statue of Unity, Pune Metro, World One by Lodha, and the Ram Janmabhoomi Ayodhya temple complex. International technology ties include a flagged partnership with Shell India, and the business carries international certifications including EPD, AENOR, and ACERMI on key product lines.

Name

Tiki Tar Danosa India

Legal name

Tiki Tar Danosa India Pvt. Ltd.

Website

https://tikidan.in

Company type

Private

Founded year

2012

Operating status

Operating

Headcount range

51–100 employees

Short description

Tiki Tar Danosa India (brand TIKIDAN) is a Mumbai-headquartered construction materials company and Danosa subsidiary that manufactures and distributes waterproofing, thermal insulation, acoustic insulation, and drainage solutions to Indian residential, commercial, infrastructure, and industrial construction markets.

Ownership category

akta.pro rank

Product category

Construction Materials (Waterproofing and Insulation)

NAICS

Paint and Coating Manufacturing (325510), Asphalt Shingle and Coating Materials Manufacturing (324122), Urethane and Other Foam Product (except Polystyrene) Manufacturing (32615), Unlaminated Plastics Film and Sheet (except Packaging) Manufacturing (326113)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Unsupported Plastics Film & Sheet (3081), Plastics Foam Products (3086)

akta.pro primary industry

Industrial & Commercial Painting/Coatings/Surface Treatment (IMAIAAAK)

akta.pro secondary industries

Primers, Bonding Agents & Surface Preparation Products (IMADAOAK), Priming, Sealing & Waterproof Coatings (Stain/Smoke Sealing, Damp-Proofing) (HSAPAHAH), Geotextiles & Civil Engineering Textiles (Road/Soil Stabilization/Erosion Control) (IMAOADAB)

Keywords

• Waterproofing membranes
• Thermal insulation boards
• Acoustic insulation systems
• Construction drainage solutions
• Building envelope protection

Headquarters

HQ city

Mumbai

HQ country

India

HQ region

Asia

Offices3 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure, Technology or R&D

Revenue model

1. Waterproofing Products: Sale of bituminous membranes (APP and SBS modified), liquid applied waterproofing coatings, synthetic membranes (PVC, TPO, HDPE), and crystalline waterproofing products for construction waterproofing applications.
2. Thermal Insulation Products: Sale of XPS thermal insulation boards (Danopren range) and spray applied polyurethane foam (Tikifoam) for building envelope thermal insulation.
3. Acoustic Insulation Products: Sale of acoustic insulation products including M.A.D. sound barriers, Sonodan panels, FONODAN tapes, and impact noise reduction solutions.
4. Drainage & Protection Products: Sale of HDPE dimple drainage boards (Danodren range), geotextiles, and protection membranes for landscaping and infrastructure drainage.
5. Technical Services & Support: Training and technical support for material selection in construction projects, supporting applicators with mentorship and specification guidance.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels4 records

Core offering

Tiki Tar Danosa India (Tikidan) manufactures and supplies a portfolio of construction materials for building envelope protection, including waterproofing membranes (bituminous, PVC, TPO, HDPE, liquid-applied, and crystalline), thermal insulation boards (extruded polystyrene/XPS), acoustic insulation systems (sound barriers, multi-layer panels, impact-noise underlays), and drainage/protection boards (HDPE dimple boards). Offerings target residential, commercial, infrastructure, and industrial construction projects in India, supported by technical training and applicator mentorship services.

Product overview

Tikidan (Tiki Tar Danosa India Pvt. Ltd.) is a construction materials company offering a comprehensive portfolio of waterproofing, thermal insulation, and acoustic insulation solutions for the Indian construction industry. The product portfolio centers around five core solution areas: Waterproofing (encompassing APP and SBS modified bituminous membranes like HYDROSTOP and POLYDAN series, liquid applied coatings including polyurethane, polyurea, and crystalline systems, spray-applied solutions via DANOCOAT, and synthetic membranes including PVC, TPO, and HDPE variants), Thermal Insulation (primarily the DANOPREN XPS foam board range available in multiple edge profiles - TR/shiplap for inverted roofs, PR/tongue-and-groove for walls, and FS/butt for facades), Acoustic Insulation (including M.A.D. mass-loaded sound barriers, Sonodan Plus panels, FONODAN tapes/sheets, CONFORDAN and IMPACTODAN for floor impact noise, and ACUSTIDAN composite panels), Drainage & Protection (Danodren HDPE dimple boards), and Remedial Solutions (injection grouts, crystalline coatings, repair mortars, and waterproofing admixtures). The company operates as a subsidiary of the Danosa Group and leverages joint venture partnerships to deliver specialized construction waterproofing and insulation technologies across residential, commercial, infrastructure, and industrial applications.

Differentiator

Problem solved

Functional benefit

Products and services

• M.A.D. Sound Barrier High-density mass-loaded sound barrier sheet for low frequency acoustic insulation on walls, ceilings, and floors. Available in 2mm, 4mm, and 6mm thickness variants with felt sizes of 1m x 12m, 1m x 6m, and 1m x 4.5m.
• Sonodan Plus Autoadhesive 40mm multi-layer sound insulation panel with self-adhesive finish for walls and ceilings, used for acoustic isolation of music venues, machine rooms, and home cinema installations.
• HYDROSTOP Series (APP Bituminous Membranes) APP polymer modified bituminous waterproofing membranes available in plain, mineral, and geotextile finishes, used for waterproofing sloped and flat roofs, basements, retaining walls, and viaducts.
• POLYDAN SBS Membranes Self-protected SBS polymer modified bituminous waterproofing membranes with anti-root properties, including POLYDAN GARDEN for podiums and terrace gardens and POLYDAN 4 BASEMENT for retaining walls.
• DANOPREN XPS Foam Boards Closed-cell extruded polystyrene (XPS) foam boards available in TR (shiplap edge), PR (tongue-and-groove), and FS variants with thicknesses from 30mm to 100mm. Contains 48.7% recycled material, is 100% recyclable, and offers compressive strength up to 500 kPa for Danopren 500 variants.
• Danodren Series (HDPE Drainage Boards) Nodular HDPE dimple boards for drainage and root barrier applications, including Danodren H10T, H15, H25, G20, and Garden variants with compressive strengths ranging from 125 to 350 kN/m2.
• DANOINJECT Series (Injection Grouts) Polyurethane and epoxy-based injection grouts for sealing cracks and voids, including DANOINJECT EP 100 (epoxy), DANOINJECT ACR (acrylic), DANOINJECT PUR (hydrophobic polyurethane), and DANOINJECT PUFC (water-activated polyurethane).
• TIKI AQUASEAL CWP Plus (Crystalline Coating) Advanced crystalline waterproofing coating based on crystallization principle for permanent solutions to stop water ingress through pores and capillaries. Improves compressive strength up to 15% at 28 days.
• DANOCOAT Series (Spray-Applied Polyurea) 2K polyurea based membranes for spray-applied waterproofing, including DANOCOAT 250 (100% solid content) and DANOCOAT I 500 (aromatic hybrid polyurea) for waterproofing, protection, and sealing works.
• Waterproofing Admixtures (DANOMIX LW, TIKICRYST 100) Liquid integral waterproofing admixture (DANOMIX LW) and crystalline waterproofing additive in dry powder form (TIKICRYST 100) for enhancing concrete impermeability and durability.
• TIKIPLAN PVC Membranes PVC waterproofing membranes for tunnels, below ground structures, and concrete structures, including TIKIPLAN SL 2017 (2mm), TIKIPLAN SL 3017 (3mm), and TIKIPLAN T-LOCK variants.
• TIKIPLAN TPO Membrane Thermoplastic Olefin (TPO) single-ply roofing membrane with UV resistance, weatherability, and chemical resistance, used for flat roofs, pitch roofs, PEB roofs, and green roofs.
• HYDROSEAL HDPE Membranes Pre-applied fully bonded HDPE membranes for waterproofing and protection of below-ground concrete structures, including TIKI HYDROSEAL SW (heat weldable selvage), TIKI HYDROSEAL SF (sand finish), and TIKI HYDROSEAL PF (plain finish) variants.
• FONODAN, CONFORDAN, and ACUSTIDAN Acoustic Range Range of acoustic insulation products including FONODAN (acoustic tapes and sheets for frames and pipes), CONFORDAN (impact noise reduction for wooden floors), and ACUSTIDAN (multi-layer acoustic composite panels for walls, ceilings, and floors).
• IMPACTODAN Series Acoustic foam sheets for impact and footfall noise reduction under rigid floor finish, available in IMPACTODAN 5 (5mm), IMPACTODAN 10 (10mm), and IMPACTODAN BT (3mm for laminate floors).
• Repair Products (DANOCRET, TIKI CRM, TIKI MICROCRETE) Polymer modifiers (DANOCRET SBR, DANOCRET AR), shrinkage compensated cementitious repair mortar (TIKI CRM), and high-flow high-strength micro concrete (TIKI MICROCRETE) for structural repairs.
• Primers (DANOPRIMER, TIKI PRIME Series) Surface preparation primers including DANOPRIMER I-EPS (2K solvent-free), TIKI PRIME PU-HS (polyurethane), DANOFLOOR PRIMER-EP/EPW, and TIKI PRIME W/S (bituminous primers).
• DANOFON Acoustic Panel 28mm multi-layer acoustic composite panel for thermal and acoustic insulation of walls, ceilings, and floors.
• Technical Services and Applicator Training Expert guidance for material selection in construction projects and supporting applicators with mentorship and training programs. Includes technical specification support and ongoing training through Danosa and Shell India joint ventures.

Quantifiable outcome

• Noise reduction up to 70 dB with acoustic insulation products
• +3 more outcomes

Named customers4 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Two partnerships are on record, tiered flagship and core.

• DanosaflagshipTechnology or IntegrationDanosa is a Spain-based manufacturer of construction solutions and the technology partner for Tikidan. The joint venture combines Danosa's European technology with Tikidan's market presence in India. Danosa products form the core technology base including DANOPREN XPS insulation, DANOCOAT spray coatings, and advanced bituminous membranes. Employee testimonials reference 'impressive joint ventures with Danosa' providing ongoing training.
• Shell IndiacoreTechnology or IntegrationShell India is referenced as a joint venture partner in employee testimonials, indicating a technology or raw materials partnership. The company places strong emphasis on its joint ventures with Shell India for ongoing training and technology development in the Indian market.

Scale indicators7 records

Recent moves6 records

Expansion highlights5 records

Regional players

• Chembond Chemicals: Chembond manufactures construction chemicals, waterproofing systems and industrial coatings primarily serving the Indian market. Comparable in product mix (waterproofing coatings, membranes, admixtures) and customer base, though with smaller infrastructure-project visibility than Tikidan.
• CICO Technologies: CICO supplies waterproofing, repair and protective coating systems across India and select international markets. Closely comparable in specialty construction chemicals positioning, particularly on repair mortars, injection grouts and structural rehabilitation products that overlap with Tikidan's remedial solutions line.

Broad incumbents

• Asian Paints (SmartCare): Asian Paints' SmartCare range addresses waterproofing, damp-proofing and surface coatings for the Indian market. Larger incumbent with broader coatings portfolio and unmatched retail distribution; competes most directly on residential waterproofing rather than heavy infrastructure.
• Berger Paints India (WeatherCoat): Berger Paints offers waterproofing solutions alongside its core paints business. A broader incumbent with strong retail and project channels; competes with Tikidan on residential and commercial waterproofing coatings rather than specialty membranes.
• Saint-Gobain India (Weber): Saint-Gobain's Weber business competes in tile adhesives, waterproofing and construction chemicals in India. A diversified incumbent that overlaps with Tikidan on building-envelope solutions but with a much wider product portfolio and parent-backed scale.

Direct peers

• Pidilite Industries (Dr. Fixit): Pidilite's Dr. Fixit is the dominant waterproofing brand in India serving residential, commercial and infrastructure segments. Direct overlap with Tikidan across waterproofing membranes, coatings and construction chemicals, with broader distribution and consumer-brand reach.
• Sika India: Sika is a global construction chemicals leader with a strong India presence in waterproofing, sealing, bonding and concrete repair systems. Direct competitor across Sika's waterproofing membrane, coating and admixture portfolio targeting the same infrastructure and commercial construction customers.
• Mapei India: Mapei is a global manufacturer of adhesives, sealants and chemical products for construction with India operations. Direct overlap on waterproofing membranes, bitumen products, and repair grouts for infrastructure and commercial construction.
• Fosroc India: Fosroc (part of JMH Group) supplies waterproofing, concrete repair, grouts and sealants to the Indian construction industry. Closely comparable in product range (membranes, coatings, injection grouts) and customer base (infrastructure, commercial, industrial construction).
• BASF India (Master Builders Solutions): BASF's Master Builders Solutions offers MasterSeal, MasterProtect and MasterEmaco waterproofing and repair systems in India. Competes directly with Tikidan on infrastructure-grade waterproofing, joint sealants and concrete protection for metro, tunnel and high-rise projects.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Tiki Tar Danosa India