Meghna Colours

What Meghna Colours does

Meghna Colours is a privately held Indian manufacturer of organic and inorganic pigments, headquartered and operating from Vapi, Gujarat. The company produces Phthalocyanine Blues and Greens, Azo pigments, High Performance pigments, Chrome Yellows/Molybdates, Anti-corrosive pigments, and Complex Inorganic Color Pigments (CICPs) under five branded product families — Meglaze™ (paints/coatings), Megplazz™ (plastics/masterbatch), Megink™ (printing inks), Megcorr™ (anti-corrosive coatings), and Megearth™ (CICPs) — spanning 65+ color indices and 250+ pigment grades. Manufacturing infrastructure comprises four Gujarat facilities (Units I–III operational in Vapi and Saykha; Unit IV at Dahej coming online) with a combined capacity of approximately 15,500+ tons per annum, supported by three R&D laboratories and a dedicated R&D center. The business is B2B-only and serves formulators in decorative and industrial paints, automotive coatings, plastics and masterbatch, printing inks, and protective coatings, with exports to more than 45 countries via 20+ international distributors supplemented by direct domestic and international sales desks; named enterprise customers include Asian Paints, Berger Paints, and Avient Corporation. The firm is roughly 30 years old (founded circa 1994 per company history), holds UKAS ISO 9001:2018, REACH, Turkish REACH, and FDA compliance certifications, and has invested in solar electricity, water recycling, rainwater harvesting, and zero-waste initiatives as part of an explicit sustainability positioning. No public listings, funding rounds, or institutional investor relationships have been disclosed, and ownership appears to remain with founders and promoter entities (including group entities Vapi Pigments Pvt. Ltd. and DPCE). Revenue is not publicly disclosed.

Name

Meghna Colours

Legal name

Meghna Colours

Website

https://meghnacolour.com

Company type

Private

Founded year

1994

Operating status

Operating

Headcount range

11–50 employees

Short description

Meghna Colours is a privately held Indian organic pigment manufacturer producing 65+ color indices and 250+ pigment grades across five branded families for paints, plastics, inks, anti-corrosive coatings, and CICPs, serving enterprise customers in 45+ countries.

Ownership category

akta.pro rank

Product category

Industrial Organic Pigments

NAICS

Synthetic Dye and Pigment Manufacturing (32513), Paint and Coating Manufacturing (325510), Printing Ink Manufacturing (32591)

SIC

Paints, Varnishes, Lacquers, Enamels & Allied Prods (2851), Industrial Organic Chemicals (2860), Miscellaneous Chemical Products (2890)

akta.pro primary industry

Pigments & Dyes (IMAEAHAJ)

akta.pro secondary industry

Color Masterbatches & Dispersions (IMAEAHAK)

Keywords

• Organic pigment manufacturing
• Industrial color pigments
• Phthalocyanine pigment production
• Anti-corrosive coating pigments
• Polymer coloration pigments

Headquarters

HQ city

Vapi

HQ country

India

HQ region

Asia

Offices5 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Pigment Product Sales: Meghna Colours generates revenue primarily through the manufacture and sale of organic pigments to industrial customers. Products are sold under branded product lines (Meglaze for paints, Megplazz for plastics, Megink for inks, Megcorr for anti-corrosive coatings, Megearth for CICP pigments) targeting diverse end-user industries including automotive coatings, textiles, plastics, and general industrial coatings. Revenue is derived from both domestic sales within India and export sales to over 45 countries.

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core offering

Meghna Colours manufactures and sells organic pigments under five branded product lines — Meglaze™ for paints and coatings, Megplazz™ for plastics and masterbatch, Megink™ for printing inks, Megcorr™ for anti-corrosive coatings, and Megearth™ for Complex Inorganic Color Pigments (CICPs). The portfolio spans 65+ color indices and 250+ pigment grades, including phthalocyanines, azo pigments, high-performance pigments, chrome yellows and molybdates, and anti-corrosive pigments, sold to industrial coatings, plastics, and inks manufacturers worldwide.

Product overview

Meghna Colours is a pigment manufacturer offering five distinct product lines: Meglaze™ for paints and coatings, Megplazz™ for plastics and masterbatches, Megink™ for printing inks, Megcorr™ for anti-corrosive coatings, and Megearth™ for Complex Inorganic Color Pigments (CICPs). The company produces over 65 color indexes and 250+ pigment grades, including Phthalo Pigments, Azo Pigments, High Performance pigments, Chrome yellows and Molybdates, Benzimidazolone, Quinacridone pigments, and Anti-corrosives. Meghna Colours operates four production facilities in Gujarat, India with a combined capacity of 15,500+ tons per annum, and exports to more than 45 countries worldwide.

Differentiator

Problem solved

Functional benefit

Brands

• Meglaze™: Brand for paints and coatings pigments
• Megplazz™
• Megink™
• Megcorr™
• Megearth™

Products and services

• Meglaze™ - Paints A comprehensive range of high-performance organic pigments tailored for paints and coatings applications, including decorative paints, industrial paints, automotive coatings (OEM and refinish), powder coatings, decorative universal stainers, coil coating, and road marking paints. Designed for paint manufacturers requiring color vibrancy, light fastness, weather resistance, UV resistance, and durability across solvent-based and water-based systems.
• Megplazz™ - Plastics Specialized organic pigments designed for plastics and masterbatch applications, offering heat stability, dispersibility, low warpage, chemical resistance, and color strength for masterbatches, single pigment concentrates (SPC), spun fibers, PVC, EVA, polystyrene, ABS, polyolefins, and other plastic/rubber systems.
• Megink™ - Inks Premium organic pigments for printing ink applications including offset inks, solvent-based inks, water-based inks, NC/PU based inks, polyamide base inks, metal decorative inks, and silkscreen inks, delivering rheological properties, print density, gloss, bleeding resistance, and fastness.
• Megcorr™ - Anti-corrosive Coatings Specialized anti-corrosive pigments including zinc phosphate and zinc chrome-based pigments for anti-corrosive primer paint systems, marine coatings, and protective coatings requiring corrosion resistance, weather fastness, light fastness, and long-term metal substrate protection.
• Megearth™ - CICP's (Complex Inorganic Color Pigments) Complex Inorganic Color Pigments (CICPs) offering excellent weather fastness, chemical resistance, and thermal stability for high-performance applications, particularly demanding coating applications requiring superior durability over organic alternatives.
• Phthalocyanine Pigments (Phthalo Blues and Greens) Phthalocyanine Blue and Green pigments including CAP crude production at Unit I, supplying pigments used across paints, plastics, inks, and coatings with various crystal phase grades.
• Azo Pigments Manufacturing of azo color pigments across multiple color indices (yellow, red, and orange shades) for diverse industrial applications in paints, plastics, and inks.
• High Performance Pigments (Benzimidazolone and Quinacridone) Specialized high-performance pigment grades including Benzimidazolone and Quinacridone chemistries for demanding applications requiring superior fastness properties such as light fastness, weather resistance, and chemical resistance.
• Chrome Yellows and Molybdates Inorganic chrome yellow, chrome red, and molybdate red pigments offering high opacity and tinting strength with excellent weathering and light fastness, used in paints, plastics, and rubber applications.

Quantifiable outcome

• Exports to more than 45 countries with 20+ distributors globally
• +3 more outcomes

Named customers3 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Three partnerships are on record, tiered core.

• Asian PaintscoreChannel Partner/ Reseller/ DistributorAsian Paints is a major Indian paints and coatings company and one of Meghna Colours' key customers. The partnership involves supplying premium pigments for Asian Paints' diverse coatings products. The relationship demonstrates Meghna Colours' ability to serve large enterprise customers in the paints and coatings sector.
• Berger PaintscoreChannel Partner/ Reseller/ DistributorBerger Paints is a leading paints and coatings company operating in India and internationally. Meghna Colours supplies pigments for Berger's coating products. The partnership reflects Meghna Colours' position as a trusted pigment supplier to top-tier coatings manufacturers.
• Avient CorporationcoreChannel Partner/ Reseller/ DistributorAvient Corporation is a global leader in polymer materials and color solutions. Meghna Colours supplies pigments for Avient's plastic coloration solutions. The partnership highlights Meghna Colours' capabilities in serving the plastics and masterbatch industry with high-performance pigments.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Bodal Chemicals: Indian manufacturer of dyes, dye intermediates and pigments serving textile, leather and coatings end-markets. Comparable mid-sized Indian specialty chemicals producer with overlapping product range and export orientation.
• Cathay Industries: Global manufacturer of iron oxide and complex inorganic color pigments (CICPs) for coatings, plastics and construction. Directly comparable to Meghna's Megearth CICP product line.
• Sudarshan Chemical Industries: India's largest pigments and dyes manufacturer offering Phthalocyanine, Azo, High Performance and effect pigments. Closest domestic competitor to Meghna with overlapping chemistry range and end-market exposure in paints, plastics and inks.
• Kiri Industries: Indian dye intermediates and reactive dyes manufacturer with global exports. Comparable Indian specialty chemicals producer serving similar industrial end-markets and competing in export markets.

Broad incumbents

• Clariant: Global specialty chemicals major with a sizable pigments business serving paints, plastics, inks and coatings. Sets the technology and regulatory benchmark Meghna competes against in export markets.
• DIC Corporation: Japan-based global pigments and printing inks producer (formerly Dainippon Ink and Chemicals). A leading Phthalocyanine and specialty pigment competitor that overlaps with Meghna's Megink and Meglaze portfolios.
• Sun Chemical: World's largest printing inks producer and significant pigments manufacturer. Competes with Meghna's Megink portfolio and is a key reference customer/specifier for ink-grade pigments globally.
• Heubach Group: Global inorganic and organic pigments manufacturer with strong presence in anti-corrosive pigments (zinc phosphate, chrome-based) and a broad portfolio overlapping Meghna's Megcorr line and Chrome Yellow/Red offerings.

Emerging players

• Neelikon Food Dyes & Chemicals: Indian manufacturer of synthetic food dyes, cosmetic pigments and D&C colors with regulatory certifications including FDA. An adjacent Indian specialty color producer serving regulated end-markets and exporting globally.

Regional players

• Toyo Ink (ToyoColor): Japan-based pigments and printing inks manufacturer serving Asia-Pacific and select global markets. Comparable Asian regional pigment producer with overlapping inks and coatings exposure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/meghnacolour
• Facebookfacebook.com/meghnacolour
• LinkedInlinkedin.com/company/meghna-colour-chem-mcc
• Instagraminstagram.com/meghnacolour

Compliance4 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries2 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 Meghna Colours