Kansai Nerolac

Which are the latest news on Kansai Nerolac?

Why is Kansai Nerolac Paints Ltd falling/rising?

As of 05-Sep, Kansai Nerolac Paints Ltd's stock price is at 194.35, down 0.65 (-0.33%), following a trend reversal after three days of gains. The stock has underperformed the Sensex, with a year-to-date decline of 17.47%, and is trading below all key moving averages, indicating a bearish trend despite positive quarterly results.

As of 05-Sep, Kansai Nerolac Paints Ltd's stock price is falling, currently at 194.35, reflecting a decrease of 0.65 (-0.33%). This decline follows a trend reversal after three consecutive days of gains. The stock has been underperforming compared to the benchmark Sensex, with a year-to-date decline of 17.47% against the Sensex's 10.21%. Over the past year, the stock has dropped by 20.17%, while the Sensex has only fallen by 5.21%. <BR><BR>Additionally, the stock is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend. Investor participation has also decreased significantly, with delivery volume dropping by 55% compared to the 5-day average. Despite the company being net-debt free and reporting positive quarterly results, including a 46% growth in profit after tax, these factors have not been sufficient to counteract the overall negative sentiment reflected in the stock's performance.

Who are in the management team of Kansai Nerolac?

The management team of Kansai Nerolac includes Pradip P Shah (Chairman), Anuj Jain (Managing Director), and several directors, including G T Govindarajan, Hitoshi Nishibayashi, Sonia Singh, Takashi Tomioka, Bhaskar Bhat, and Pravin D Chaudhari, who collectively guide the company's strategic direction.

The management team of Kansai Nerolac includes the following key individuals:<BR><BR>1. **Pradip P Shah** - Chairman & Independent Director<BR>2. **G T Govindarajan** - Company Secretary & Compliance Officer<BR>3. **Anuj Jain** - Managing Director<BR>4. **Hitoshi Nishibayashi** - Director<BR>5. **Sonia Singh** - Independent Director<BR>6. **Takashi Tomioka** - Director<BR>7. **Bhaskar Bhat** - Independent Director<BR>8. **Pravin D Chaudhari** - Director<BR><BR>This team plays a crucial role in guiding the company's strategic direction and operations.

What does Kansai Nerolac do?

Kansai Nerolac Paints Ltd is a leading Indian coatings company specializing in decorative and industrial paints, with a market cap of INR 15,731 Cr and recent net sales of 2,374 Cr and net profit of 232 Cr as of June 2026. Key metrics include a P/E ratio of 24.00 and a dividend yield of 1.28%.

Overview:<BR>Kansai Nerolac Paints Ltd is one of India's largest coatings companies, specializing in both decorative and industrial coatings, and operates within the small-cap segment of the paints industry.<BR><BR>History:<BR>Kansai Nerolac Paints Ltd was incorporated in an unspecified year and has undergone various status changes over time. The latest quarterly results reported net sales and net profit for June 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 2,374 Cr (Quarterly Results - Jun 2026) <BR>Most recent Net Profit: 232 Cr (Quarterly Results - Jun 2026) <BR>Market-cap value: INR 15,731 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 24.00 <BR>Industry P/E: 47 <BR>Dividend Yield: 1.28% <BR>Debt-Equity: -0.34 <BR>Return on Equity: 9.45% <BR>Price to Book: 2.36 <BR><BR>Contact Details:<BR>Address: Nerolac House Post Box-16322, Ganpatrao Kadam Mrg LowerParel Mumbai Maharashtra : 400013 <BR>Tel: 91-22-24934001 <BR>Email: investor@nerolac.com <BR>Website: http://www.nerolac.com

Who are the peers of the Kansai Nerolac?

Kansai Nerolac's peers include Asian Paints, Berger Paints, JSW Dulux, and Indigo Paints, among others. In terms of management risk, growth, and capital structure, Asian Paints and JSW Dulux show excellent performance, while Kansai Nerolac has good management risk and capital structure but below-average growth.

Peers: The peers of Kansai Nerolac are Asian Paints, Berger Paints, JSW Dulux, Indigo Paints, Sirca Paints, Shalimar Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan.<BR><BR>Quality Snapshot: Excellent management risk is observed at Asian Paints and JSW Dulux, while Good management risk is found at Berger Paints, Kansai Nerolac, Indigo Paints, and the rest. Average management risk is noted at Sirca Paints, and Below Average management risk is seen at Shalimar Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan. Growth is Excellent at Sirca Paints, while Below Average growth is noted at Asian Paints, Berger Paints, Kansai Nerolac, JSW Dulux, Indigo Paints, Shalimar Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan. Capital Structure is Excellent at Asian Paints, Berger Paints, Kansai Nerolac, JSW Dulux, Indigo Paints, and Sirca Paints, while Below Average Capital Structure is found at Shalimar Paints, Retina Paints, and MCON Rasayan, with Kamdhenu Venture having a Good Capital Structure.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Indigo Paints at 4.85%, while Kamdhenu Venture has the lowest at -55.78%. Kansai Nerolac's 1-year return of -19.55% is better than Kamdhenu Venture's but worse than Indigo Paints'. Additionally, Shalimar Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan all have negative six-month returns.

How big is Kansai Nerolac?

As of 31st August, Kansai Nerolac Paints Ltd has a market capitalization of 15,731.00 Cr, with net sales of 8,263.47 Cr and a net profit of 600.14 Cr reported in the latest four quarters.

As of 31st August, Kansai Nerolac Paints Ltd has a market capitalization of 15,731.00 Cr, which classifies it as a Small Cap company.<BR><BR>In the latest four quarters, Kansai Nerolac reported net sales of 8,263.47 Cr and a net profit of 600.14 Cr.<BR><BR>The latest annual period for the balance sheet is March 2026, with shareholder's funds amounting to 6,713.78 Cr and total assets of 8,711.11 Cr.

Are Kansai Nerolac Paints Ltd latest results good or bad?

Kansai Nerolac Paints Ltd's latest results show strong revenue and profit growth, with a net profit increase of 106.27% to ₹231.58 crores. However, declining operating margins and a lower return on equity compared to industry peers indicate ongoing challenges, making the overall assessment mixed.

Kansai Nerolac Paints Ltd's latest results present a mixed picture. On one hand, the company reported a significant increase in net profit, which rose by 106.27% quarter-on-quarter to ₹231.58 crores, and a record revenue of ₹2,373.59 crores, reflecting a 21.49% sequential growth. This performance indicates strong seasonal demand typical for the April-June period.<BR><BR>However, there are notable concerns. The operating margin has slightly declined to 13.83%, down 19 basis points from the previous year, suggesting that the company is facing margin pressures due to factors like rising raw material costs or competitive pricing. Additionally, the return on equity (ROE) stands at 9.45%, which is below industry averages and indicates inefficiencies in generating returns on shareholder equity.<BR><BR>Overall, while the absolute profit figures are encouraging, the ongoing margin pressures and underperformance relative to peers like Asian Paints and Berger Paints suggest that the company still has significant challenges to address. Thus, the results can be seen as good in terms of revenue and profit growth, but bad when considering the broader context of operational efficiency and competitive positioning.

Should I buy, sell or hold Kansai Nerolac Paints Ltd?

Is Kansai Nerolac technically bullish or bearish?

As of December 4, 2025, Kansai Nerolac's technical trend has shifted to a bearish stance with moderate strength, supported by bearish signals from MACD, moving averages, and Bollinger Bands, despite some divergence in longer-term indicators.

As of 4 December 2025, the technical trend for Kansai Nerolac has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. The weekly MACD is bearish, and the daily moving averages also indicate a bearish trend. Bollinger Bands confirm a bearish outlook on both weekly and monthly time frames. The KST and Dow Theory show mildly bearish signals on the weekly, while the monthly remains mildly bullish, indicating some divergence. Overall, the indicators suggest a prevailing bearish sentiment, particularly in the short to medium term.

How has been the historical performance of Kansai Nerolac?

Kansai Nerolac has demonstrated steady growth in net sales and profits from Mar'19 to Mar'25, with net sales increasing to 7,822.97 Cr, despite fluctuations in expenses and a slight decline in operating profit and cash flow. Total assets grew to 8,217.03 Cr, indicating resilience in financial performance.

Answer:<BR>The historical performance of Kansai Nerolac shows a steady growth in net sales and profits over the years, with some fluctuations in expenses and margins.<BR><BR>Breakdown:<BR>Kansai Nerolac's net sales increased from 5,424.32 Cr in Mar'19 to 7,822.97 Cr in Mar'25, reflecting consistent growth. Total operating income followed a similar trend, reaching 7,822.97 Cr in Mar'25, up from 6,369.35 Cr in Mar'22. The raw material costs have also risen, peaking at 4,572.15 Cr in Mar'25, while employee costs increased to 501.89 Cr in the same year. Operating profit (PBDIT) was 1,081.47 Cr in Mar'25, showing a slight decline from 1,119.63 Cr in Mar'24, but significantly higher than 674.77 Cr in Mar'22. Profit before tax reached 1,478.03 Cr in Mar'25, down from 1,561.21 Cr in Mar'24, while profit after tax was 1,109.33 Cr, a decrease from 1,175.86 Cr in the previous year. The company's total assets grew to 8,217.03 Cr in Mar'25, up from 7,409.72 Cr in Mar'24, and total liabilities also increased to 8,217.03 Cr. Cash flow from operating activities was 672.00 Cr in Mar'25, down from 903.00 Cr in Mar'24, leading to a net cash outflow of 72.00 Cr in Mar'25. Overall, Kansai Nerolac has shown resilience and growth in its financial performance despite some challenges in profit margins and cash flow.

Who are the top shareholders of the Kansai Nerolac?

The top shareholder of Kansai Nerolac is Kansai Paint Co., Ltd. from Japan, holding 74.98% of the shares. Other significant shareholders include Life Insurance Corporation of India with 3.59%, individual investors with 8.0%, and various mutual funds and foreign institutional investors collectively holding 7.19%.

The top shareholders of Kansai Nerolac include Kansai Paint Co., Ltd. from Japan, which holds a significant 74.98% of the shares. Other notable shareholders are Life Insurance Corporation of India, which owns 3.59%, and individual investors, who collectively hold around 8.0%. Additionally, the company has 16 mutual fund schemes holding 1.89% and 144 foreign institutional investors (FIIs) with a combined holding of 5.3%. There are no pledged promoter holdings reported.

Is Kansai Nerolac overvalued or undervalued?

As of November 3, 2023, Kansai Nerolac is considered undervalued with an attractive valuation grade, a PE ratio of 31.09, and lower than its peers like Asian Paints and Berger Paints, despite a year-to-date return of -5.62% compared to the Sensex's 5.63%.

As of 3 November 2023, Kansai Nerolac's valuation grade has moved from fair to attractive, indicating a positive shift in its market positioning. The company is currently considered undervalued, with a PE ratio of 31.09, an EV to EBITDA ratio of 19.45, and a Price to Book Value of 3.14. These ratios suggest that the stock is trading at a reasonable valuation compared to its earnings and asset base.<BR><BR>In comparison to its peers, Kansai Nerolac's PE ratio is significantly lower than Asian Paints, which has a PE of 54.97, and Berger Paints at 57.52, both of which are categorized as expensive. This positions Kansai Nerolac favorably within the industry, especially given its attractive valuation status. Additionally, the company's recent stock performance has lagged behind the Sensex, with a year-to-date return of -5.62% compared to the Sensex's 5.63%, reinforcing the notion that the stock may be undervalued relative to its potential.

When is the next results date for Kansai Nerolac?

No Upcoming Board Meetings

What is the bonus history of the Kansai Nerolac?

Kansai Nerolac's most recent bonus issue was a 1:2 ratio announced on July 4, 2023. Previously, the company issued a 1:1 bonus on June 24, 2010.

Kansai Nerolac has a notable bonus history. The most recent bonus issue was a 1:2 ratio, which was announced with an ex-date of July 4, 2023. Prior to that, the company issued a 1:1 bonus on June 24, 2010, with the ex-date being June 23, 2010. This reflects the company's approach to rewarding its shareholders over the years.

Has Kansai Nerolac declared dividend?

Yes, Kansai Nerolac has declared a dividend of 125% (₹1.25 per share) with an ex-date of June 23, 2025. Despite the dividend, total returns over various periods have shown a decline in price performance.

Kansai Nerolac has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 125%<BR>- Amount per share: 1.25<BR>- Ex-date: 23 Jun 25<BR><BR>Dividend Yield: 1.51%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -10.6%, the dividend return was 0.46%, resulting in a total return of -10.14%.<BR><BR>Over the past year, the price return was -9.0%, the dividend return was 0.88%, leading to a total return of -8.12%.<BR><BR>For the 2-year period, the price return was -11.79%, the dividend return was 0.82%, culminating in a total return of -10.97%.<BR><BR>In the 3-year span, the price return was -8.68%, the dividend return was 2.17%, resulting in a total return of -6.51%.<BR><BR>Over the last 4 years, the price return was -34.97%, the dividend return was 1.92%, leading to a total return of -33.05%.<BR><BR>In the 5-year period, the price return was -5.71%, the dividend return was 3.52%, resulting in a total return of -2.19%.<BR><BR>Overall, while Kansai Nerolac has declared a substantial dividend, the total returns over various periods indicate a decline in price performance, suggesting challenges in shareholder value despite the dividend payouts.