Kansai Nerolac Paints

BSE: KANSAINER500165ISIN INE531A01024

Consumer Discretionary
Paints
BSE 500

BSE listing

Share price

₹183.65-0.50 (-0.27%)

as of 18 Sep 2026

52W high: ₹262.00
52W low: ₹158.00
Off 52W high: -29.90%
1M return: -8.79%
3M return: -13.00%
6M return: +10.00%
1Y return: -27.37%
20D avg volume: 13,687
50 DMA: ₹199.26
200 DMA: ₹207.65

Key ratios Consolidated

Market cap: ₹14,853 Cr
Current price: ₹183.65
52W high / low: ₹262.00 / ₹158.00
Face value: ₹1.00
P/E: 25.23
P/B: —
EPS (TTM): ₹7.28
Book value / share: —
ROE: —
ROCE: 11.80%
Operating margin: —
Net margin: —
Debt / equity: 0.01
Net debt: ₹-114.11 Cr
Interest cover: 25.68
Dividend yield: 1.36%
Dividend / share (TTM): ₹2.50
Payout: 34.34%
Cash conversion cycle: 83.1 days

Financials

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,374	1,954	1,982	1,954	2,162	1,817	1,922	1,951	2,133	1,769	1,919	1,957
	54.94	29.69	35.21	28.43	52.61	37.09	41.53	26.70	33.83	32.53	20.13	22.02
	2,116	1,807	1,811	1,801	1,919	1,710	1,749	1,795	1,859	1,645	1,731	1,738
	1,516	1,193	1,082	1,131	1,176	1,099	1,100	1,229	1,144	1,104	1,116	1,204
	144.48	125.96	120.09	125.46	136.73	117.46	138.93	109.67	122.31	124.19	130.13	108.15
	138.16	136.43	134.52	137.42	133.77	131.45	121.34	124.57	124.53	115.78	117.14	108.51
	8.02	8.42	8.80	7.71	7.36	7.69	9.07	7.28	7.21	7.02	7.47	7.60
	62.83	60.90	59.97	54.31	52.94	51.60	53.40	48.56	48.14	47.96	48.43	47.39
	363.08	326.85	333.23	335.45	343.04	330.93	320.85	326.45	331.21	313.14	331.01	314.77
	312.46	176.87	206.13	181.67	295.46	143.52	214.14	182.77	308.09	156.56	208.23	240.27
	0.00	-18.43	-44.72	0.00	0.00	0.00	629.51	0.00	0.00	0.00	0.00	0.00
	312.46	158.44	161.41	181.67	295.46	143.52	843.65	182.77	308.09	156.56	208.23	240.27
	84.05	48.55	44.36	48.36	79.87	41.09	181.38	63.01	83.22	42.27	56.14	64.79
	228.41	109.89	117.05	133.31	215.59	102.43	662.27	119.76	224.87	114.29	152.09	175.48
	2.86	1.39	1.50	1.67	2.73	1.34	8.42	1.52	2.86	1.44	1.91	2.19
Key metrics
	383.31	227.76	230.18	243.69	355.76	202.81	906.12	238.61	363.44	211.54	264.13	295.26
	16.10%	11.70%	11.60%	12.50%	16.50%	11.20%	47.10%	12.20%	17.00%	12.00%	13.80%	15.10%
	9.60%	5.60%	5.90%	6.80%	10.00%	5.60%	34.50%	6.10%	10.50%	6.50%	7.90%	9.00%
	—	2.40%	—	2.80%	—	2.20%	—	—	—	—	—	—
	9.80%	7.50%	3.10%	0.10%	1.40%	2.70%	0.20%	-0.30%	—	—	—	—
	5.90%	7.30%	-82.30%	11.30%	-4.10%	-10.40%	335.40%	-31.80%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	8,263	8,052	7,823	7,801	7,543	6,369	5,074	5,280	5,388	4,809
	148.27	145.94	139.15	91.88	25.98	25.41	38.21	25.53	96.37	70.91
	7,535	7,338	7,114	6,993	6,934	5,918	4,400	4,639	4,788	4,092
	4,922	4,582	4,572	4,556	4,889	4,319	2,936	2,922	3,405	2,718
	515.99	508.24	488.37	486.99	470.36	401.54	317.21	287.73	258.74	213.83
	546.53	542.14	501.89	448.62	377.05	355.58	304.68	310.37	283.41	235.08
	32.95	32.29	31.25	29.21	29.00	28.59	23.74	20.91	9.97	—
	238.01	228.12	201.70	190.46	180.08	169.77	165.30	142.12	106.28	77.07
	1,359	1,339	1,309	1,281	1,083	937.11	759.76	906.53	926.63	816.32
	877.13	860.13	848.52	899.96	634.89	476.41	712.45	666.96	696.79	786.96
	-63.15	-63.15	629.51	661.25	0.00	0.00	0.00	0.00	0.00	0.00
	813.98	796.98	1,478	1,561	634.89	476.41	712.45	666.96	696.79	786.96
	225.32	221.14	368.70	385.35	166.42	133.26	186.73	151.18	249.13	273.21
	588.66	575.84	1,109	1,176	468.47	343.15	525.72	515.78	447.66	513.75
	7.42	7.29	14.14	14.66	8.79	6.66	9.83	9.67	8.40	—
Key metrics
	1,085	1,057	1,711	1,781	843.97	674.77	901.49	829.99	813.04	864.03
	13.13%	13.10%	21.90%	22.80%	11.20%	10.60%	17.80%	15.70%	15.10%	18.00%
	7.12%	7.20%	14.20%	15.10%	6.20%	5.40%	10.40%	9.80%	8.30%	10.70%
	—	11.80%	22.30%	—	—	—	—	—	—	—
	—	2.90%	0.30%	3.40%	18.40%	25.50%	-3.90%	-2.00%	12.10%	—
	—	-48.10%	-5.70%	151.00%	36.50%	-34.70%	1.90%	15.20%	-12.90%	—
	—	681.25	346.06	—	—	—	—	—	—	—
	—	1.55	0.61	—	—	—	—	—	—	—
	—	0.01	0.02	—	—	—	—	—	—	—
	—	-114.11	23.82	—	—	—	—	—	—	—
	—	83.1	89.6	—	—	—	—	—	—	—
Balance sheet
	—	8,711	8,217	—	—	—	—	—	—	—
	—	5,774	5,352	—	—	—	—	—	—	—
	—	196.79	94.00	—	—	—	—	—	—	—
	—	1,467	1,357	—	—	—	—	—	—	—
	—	1,530	1,665	—	—	—	—	—	—	—
	—	181.24	0.00	—	—	—	—	—	—	—
	—	2,086	2,007	—	—	—	—	—	—	—
	—	1,165	1,101	—	—	—	—	—	—	—
	—	1,657	1,451	—	—	—	—	—	—	—
	—	82.68	117.82	—	—	—	—	—	—	—
	—	74.00	87.82	—	—	—	—	—	—	—
	—	8.68	30.00	—	—	—	—	—	—	—
	—	6,689	6,404	—	—	—	—	—	—	—
Cash flow
	—	894.37	672.36	—	—	—	—	—	—	—
	—	-382.65	-378.62	—	—	—	—	—	—	—
	—	-403.30	-366.12	—	—	—	—	—	—	—
	—	213.12	326.30	—	—	—	—	—	—	—

Metric	Q1 FY27	Q4 FY26	Q3 FY26	Q2 FY26	Q1 FY26	Q4 FY25	Q3 FY25	Q2 FY25	Q1 FY25	Q4 FY24	Q3 FY24	Q2 FY24
Income statement
	2,300	1,873	1,907	1,871	2,087	1,740	1,842	1,864	2,050	1,662	1,815	1,846
	56.13	33.97	36.73	28.84	52.92	39.42	37.41	26.88	38.35	32.04	22.36	22.36
	2,030	1,723	1,724	1,715	1,830	1,616	1,651	1,699	1,765	1,531	1,624	1,624
	1,453	1,145	1,032	1,079	1,126	1,056	1,043	1,168	1,091	1,033	1,051	1,132
	152.80	132.79	124.18	127.62	137.90	117.21	138.78	108.68	122.31	122.64	129.72	107.48
	126.03	123.26	121.60	125.39	120.03	116.48	107.01	111.56	112.13	104.80	105.08	96.20
	4.96	5.29	5.77	3.76	3.59	3.67	4.75	3.30	3.37	3.15	3.22	3.17
	61.31	59.07	58.53	52.54	51.22	49.74	51.46	46.50	45.98	45.78	46.23	45.20
	343.54	309.67	308.95	318.02	321.80	308.22	296.32	306.19	312.06	293.53	311.59	292.17
	325.75	184.73	219.71	184.39	310.08	163.83	228.09	192.09	323.41	162.25	212.85	243.89
	0.00	-15.98	-44.72	0.00	0.00	0.00	479.19	—	—	-19.00	—	—
	325.75	168.75	174.99	184.39	310.08	163.83	707.28	192.09	323.41	143.25	212.85	243.89
	83.41	47.89	43.79	47.45	79.23	40.34	180.79	61.93	82.31	41.71	55.24	64.00
	242.34	120.86	131.20	136.94	230.85	123.49	526.49	130.16	241.10	101.54	157.61	179.89
	3.00	1.62	1.62	1.69	2.86	1.53	6.51	1.61	2.98	1.25	1.95	2.23
Key metrics
	392.02	233.11	239.29	240.69	364.89	217.24	763.49	241.89	372.76	192.18	262.30	292.26
	17.00%	12.40%	12.50%	12.90%	17.50%	12.50%	41.40%	13.00%	18.20%	11.60%	14.50%	15.80%
	10.50%	6.50%	6.90%	7.30%	11.10%	7.10%	28.60%	7.00%	11.80%	6.10%	8.70%	9.70%
	—	2.50%	—	2.80%	—	2.50%	—	—	—	—	—	—
	10.20%	7.60%	3.50%	0.40%	1.80%	4.70%	1.50%	1.00%	—	—	—	—
	5.00%	-2.10%	-75.10%	5.20%	-4.30%	21.60%	234.00%	-27.60%	—	—	—	—

Metric	TTM	FY26	FY25	FY24	FY23	FY22	FY21	FY20	FY19	FY18
Income statement
	7,951	7,739	7,497	7,393	7,081	5,949	4,690	4,943	5,139	4,737
	155.67	152.46	142.06	93.11	30.83	32.86	38.71	26.86	96.64	72.42
	7,192	6,993	6,731	6,563	6,461	5,465	4,003	4,286	4,522	4,023
	4,709	4,382	4,358	4,288	4,595	4,014	2,695	2,722	3,242	2,675
	537.39	522.49	486.98	483.72	466.56	396.22	315.33	284.23	258.74	213.64
	496.28	490.28	447.18	401.76	333.84	312.37	258.58	269.38	255.38	226.56
	19.78	18.41	15.09	12.46	9.73	9.87	7.49	5.00	—	—
	231.45	221.36	193.68	179.96	164.63	153.82	138.97	119.88	90.47	75.79
	1,280	1,258	1,223	1,199	997.95	859.93	686.91	834.55	873.71	796.17
	914.58	898.91	907.42	923.57	650.36	516.51	725.33	683.60	713.41	786.40
	-60.70	-60.70	479.19	642.25	—	-11.39	-10.82	—	—	—
	853.88	838.21	1,387	1,566	650.36	505.12	714.51	683.60	713.41	786.40
	222.54	218.36	365.37	382.95	163.93	130.79	183.52	148.20	246.06	270.00
	631.34	619.85	1,021	1,183	486.43	374.33	530.99	535.40	467.35	516.40
	7.93	8.25	12.63	14.63	9.03	6.95	9.85	9.94	8.67	—
Key metrics
	1,105	1,078	1,595	1,758	824.72	668.81	860.97	808.48	803.88	862.19
	13.90%	13.90%	21.30%	23.80%	11.60%	11.20%	18.40%	16.40%	15.60%	18.20%
	7.94%	8.00%	13.60%	16.00%	6.90%	6.30%	11.30%	10.80%	9.10%	10.90%
	—	12.20%	21.00%	—	—	—	—	—	—	—
	—	3.20%	1.40%	4.40%	19.00%	26.80%	-5.10%	-3.80%	8.50%	—
	—	-39.30%	-13.70%	143.20%	29.90%	-29.50%	-0.80%	14.60%	-9.50%	—
	—	673.46	322.95	—	—	—	—	—	—	—
	—	1.43	0.63	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	-184.12	-85.72	—	—	—	—	—	—	—
	—	84.8	90.7	—	—	—	—	—	—	—
Balance sheet
	—	8,539	7,969	—	—	—	—	—	—	—
	—	5,615	5,174	—	—	—	—	—	—	—
	—	184.12	85.72	—	—	—	—	—	—	—
	—	1,380	1,275	—	—	—	—	—	—	—
	—	1,493	1,610	—	—	—	—	—	—	—
	—	169.69	160.26	—	—	—	—	—	—	—
	—	2,285	1,936	—	—	—	—	—	—	—
	—	1,075	1,024	—	—	—	—	—	—	—
	—	1,498	1,287	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	0.00	0.00	—	—	—	—	—	—	—
	—	6,696	6,366	—	—	—	—	—	—	—
Cash flow
	—	885.35	647.48	—	—	—	—	—	—	—
	—	-429.03	-372.48	—	—	—	—	—	—	—
	—	-357.92	-351.65	—	—	—	—	—	—	—
	—	211.89	324.53	—	—	—	—	—	—	—

Compounded growth

Standalone

Sales CAGR 3Y: +3.01%
Sales CAGR 5Y: +10.54%
Sales CAGR 10Y: —
Profit CAGR 3Y: +8.41%
Profit CAGR 5Y: +3.14%
Profit CAGR 10Y: —
Sales YoY (TTM): +5.54%
Profit YoY (TTM): -37.55%

Consolidated

Sales CAGR 3Y: +2.20%
Sales CAGR 5Y: +9.67%
Sales CAGR 10Y: —
Profit CAGR 3Y: +7.12%
Profit CAGR 5Y: +1.84%
Profit CAGR 10Y: —
Sales YoY (TTM): +5.24%
Profit YoY (TTM): -46.49%

Compounded from reported annual figures. We publish no share-price CAGR: our prices are as-traded, so one would be wrong across every split and bonus issue.

Shareholding as of 30 Jun 2026

Promoter holding: 74.96%

Holder	Type	Holding	Previous	Change
Kansai Paint Company Limited	Promoter	74.96%	—	—
Life Insurance Corporation Of India	Public	3.58%	—	—
Nippon Life India Trustee Ltd	Public	2.67%	—	—
ICICI Prudential Life Insurance Company Limited	Public	1.04%	—	—

Public shareholders are disclosed individually only above 1%.

Filings & corporate actions

Recent announcements

Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other relevant SEBI Circulars is enclosed herewith.26 Aug 2026 · Company Update / General
We are enclosing herewith the transcript of the Conference Call held of 3rd August, 2026, for your information and reference.10 Aug 2026 · Company Update / Earnings Call Transcript
This is to inform you that the Board of Directors of Kansai Nerolac Paints LImited has, at its Board Meeting held on Monday, 3rd August, 2026, inter alia considered and approved the proposal ....4 Aug 2026 · Company Update / General
This is further to the intimations done by the Company on 22nd July, 2026 and 3rd August, 2026 with respect to the Conference Call hosted by the Management of our Company on Monday, 3rd ....3 Aug 2026 · Company Update / Analyst / Investor Meet
Investor presentation is enclosed.3 Aug 2026 · Company Update / Investor Presentation
This is to inform you that the Board of Directors of Kansai Nerolac Paints Limited has, in the Board Meeting held today i.e. on Monday, 3rd August, 2026, inter alia considered and approved ....3 Aug 2026 · Company Update / General
Financial results of the Company for the quarter ended 30th June, 2026 is enclosed herewith.3 Aug 2026 · Result / Financial Results
A press release on the Unaudited Financial Results for the quarter ended 30th June, 2026 is enclosed herewith.3 Aug 2026 · Company Update / Press Release / Media Release
This is to inform you that the Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Monday, 3rd August, 2026, inter alia considered and approved the ....3 Aug 2026 · Board Meeting / Outcome of Board Meeting
Intimation regarding allotment of Equity Shares pursuant to exercise of Restricted Stock Units is enclosed herewith.23 Jul 2026 · Company Update / Allotment of ESOP / ESPS
Kansai Nerolac Paints Limited, Q1 FY 2026-27 Financial Results Conference Call - Invite22 Jul 2026 · Company Update / Analyst / Investor Meet
Scrutinizers report for the voting results of the 106th Annual General Meeting is enclosed herewith.9 Jul 2026 · AGM/EGM / AGM
Proceedings and Voting Results of the 106th Annual General Meeting of Kansai Nerolac Paints Limited is enclosed herewith.9 Jul 2026 · AGM/EGM / AGM
Intimation of closure of trading window is enclosed herewith.25 Jun 2026 · Insider Trading / SAST / Closure of Trading Window
Kansai Nerolac Paints Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 03/08/2026 ,inter alia, to consider and approve Unaudited Standalone ....25 Jun 2026 · Board Meeting / Board Meeting
Newspaper publication with respect to Notice of Hearing of Petition in the Scheme of Amalgamation of Nerofix Private Limited with Kansai Nerolac Paints Limited in Free Press Journal (English) ....24 Jun 2026 · Company Update / Newspaper Publication
Newspaper publication on Annual General Meeting of the Company in Business Standard and Sakal on 13th June, 202613 Jun 2026 · Company Update / Newspaper Publication
Business Responsibility and Sustainability Report for the financial year 2025-26 is enclosed herewith.11 Jun 2026 · Others / Business Responsibility and Sustainability Reporting (BRSR)
Notice of 106th Annual General Meeting of Kansai Nerolac Paints Limited to be held on Thursday, 9th July, 2026 at 11 a.m. (IST) through video conferencing / other audio visual means is ....11 Jun 2026 · AGM/EGM / AGM
Annual Report for FY 2025-26 is enclosed herewith.11 Jun 2026 · Others / Reg. 34 (1) Annual Report
Newspaper publication in Business Standard (English) and Sakal (Marathi) on 9th June, 2026 by Kansai Nerolac Paints Limited on Annual General Meeting of the Company.9 Jun 2026 · Company Update / Newspaper Publication
Newspaper publication regarding special window for re-lodgement of transfer requests of physical shares is enclosed herewith.3 Jun 2026 · Company Update / Newspaper Publication
Intimation regarding allotment of Equity Shares pursuant to exercise of Restricted Stock Units is enclosed herewith.28 May 2026 · Company Update / Allotment of ESOP / ESPS
In terms of the provisions of Regulation 24A of Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulation, 2015, please find enclosed herewith the ....22 May 2026 · Company Update / Reg.24(A)-Annual Secretarial Compliance
Newspaper publication regarding ''''Saksham Niveshak - Second 100 Days Campaign'''', launched by Investor Education and Protection Fund Authority is enclosed herewith.20 May 2026 · Company Update / Newspaper Publication
We are enclosing herewith the transcript of the Conference Call held on 6th May, 2026, for your information and reference.12 May 2026 · Company Update / Earnings Call Transcript
This is further to the intimations done by the Company on 27th April, 2026 and 6th May, 2026 with respect to the Conference Call hosted by the Management of our Company on Wednesday, 6th ....6 May 2026 · Company Update / Analyst / Investor Meet
Intimation for appointment of Cost Auditor of the Company is enclosed.6 May 2026 · Company Update / Change in Management
Recommendation of Dividend by the Board of Directors of Kansai Nerolac Paints Limited for the financial year ended 31st March, 2026 is enclosed.6 May 2026 · Corp Action / Dividend/AGM
Disclosure for record date for the purpose of dividend is enclosed.6 May 2026 · Corp. Action / Record Date
Disclosure with respect to date of payment of dividend for the financial year 31st March, 2026 is enclosed herewith.6 May 2026 · Corp Action / Date of payment of Dividend
Investor presentation is enclosed.6 May 2026 · Company Update / Investor Presentation
A press release on the Audited Financial Results for the quarter and financial year ended 31st March, 2026 is enclosed herewith.6 May 2026 · Company Update / Press Release / Media Release
Financial Results of the Company for the year ended 31st March, 2026 is enclosed herewith.6 May 2026 · Result / Financial Results
This is to inform you that the Board of Directors of Kansai Nerolac Paints Limited has at the Board Meeting held today i.e. on Wednesday, 6th May, 2026, inter alia considered and approved ....6 May 2026 · Board Meeting / Outcome of Board Meeting
Kansai Nerolac Paints Limited, Q4 FY 2025-26 Financial Results Conference Call - Invite.27 Apr 2026 · Company Update / Analyst / Investor Meet
Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015 and other relevant SEBI Circulars is enclosed herewith.24 Apr 2026 · Company Update / General
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. <table border=''1px''><tr> <td>Sr. No.</td> <td>Particulars</td> <td>Details</td> ....20 Apr 2026 · Others / Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Newspaper Publication by Kansai Nerolac Paints Limited regarding transfer of shares to the Demat Account of investor Education and Protection Fund Authority is enclosed.17 Apr 2026 · Company Update / Newspaper Publication
Intimation regarding revised list of Board of Directors of the Company with effect from 1st April, 2026 is enclosed herewith.1 Apr 2026 · Company Update / General

Corporate actions

Purpose	Ex date	Record date	Payment date
Final Dividend - Rs. - 2.5000	29 Jun 2026	29 Jun 2026	—
Special Dividend - Rs. - 1.2500	23 Jun 2025	23 Jun 2025	—
Final Dividend - Rs. - 2.5000	23 Jun 2025	23 Jun 2025	—

Board meetings

3 Aug 2026 Board Meeting - Financial Results