Kansai Nerolac

Why is Kansai Nerolac Paints Ltd falling/rising?

As of 18-Jul, Kansai Nerolac Paints Ltd's stock price is at 201.30, showing a minor increase, but it has significantly underperformed with a year-to-date decline of 14.52% and a 19.19% drop over the past year. The stock is trading below all key moving averages, indicating a bearish trend, despite the company being net-debt-free and having an attractive valuation.

As of 18-Jul, Kansai Nerolac Paints Ltd is experiencing a slight rise in its stock price, currently at 201.30, with a change of 0.35 (0.17%) upwards. However, despite this minor increase, the stock has been underperforming significantly in the market. Over the past week, it has declined by 0.62%, and in the last month, it has fallen by 4.64%. Year-to-date, the stock is down 14.52%, and over the past year, it has decreased by 19.19%. <BR><BR>The stock has been losing value for the last two days, with a total decline of 1.21% during this period. It is also trading below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend. Additionally, investor participation has decreased, with delivery volume dropping by 68.82% compared to the 5-day average, suggesting reduced interest from investors.<BR><BR>Despite these negative indicators, the company maintains a net-debt-free status and has an attractive valuation with a return on equity (ROE) of 9.5 and a price-to-book value of 2.4. However, the stock's performance over the past year, alongside a profit decline of 2.2%, has contributed to its overall downward trajectory. Thus, while there is a slight uptick in the stock price, the broader context indicates a persistent decline in value.

Which are the latest news on Kansai Nerolac?

How big is Kansai Nerolac?

As of 10th June, Kansai Nerolac Paints Ltd has a market capitalization of 17,290.00 Cr, with recent net sales of 8,051.91 Cr and a net profit of 589.47 Cr over the last four quarters.

As of 10th June, <BR><BR>Market Cap: Kansai Nerolac Paints Ltd has a market capitalization of 17,290.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 8,051.91 Cr, while the sum of Net Profit for the same period is 589.47 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the latest annual data is March 2025. Shareholder's Funds stand at 6,423.16 Cr, and Total Assets amount to 8,217.03 Cr.

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 oversee the company's operations and strategy.

The management team of Kansai Nerolac includes the following 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 is responsible for overseeing the operations and strategic direction of the company.

Who are the peers of the Kansai Nerolac?

Kansai Nerolac's peers include Asian Paints, Berger Paints, JSW Dulux, and others, with varying management risks and growth rates. Asian Paints leads in 1-year returns at 21.84%, while Kansai Nerolac's return is -15.26%.

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, while Below Average management risk is seen at Shalimar Paints, Kamdhenu Venture, Retina Paints, and MCON Rasayan. Growth is Excellent at Sirca Paints, Average at Asian Paints, and Below Average at 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 it is Below Average at Shalimar Paints, Retina Paints, and MCON Rasayan, and Good at Kamdhenu Venture.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Asian Paints at 21.84%, while the peer with the lowest is Shalimar Paints at -48.62%. Kansai Nerolac's own 1-year return is -15.26%, which is higher than Shalimar Paints but lower than Asian Paints. Additionally, several peers, including Shalimar Paints, Kamdhenu Venture, and Indigo Paints, have negative six-month returns.

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 17,290 Cr and recent net sales of 1,954 Cr and net profit of 112 Cr as of March 2026. The company was founded in 1920 and has a P/E ratio of 27.00.

Overview:<BR>Kansai Nerolac Paints Ltd is one of India's largest coatings companies, specializing in both decorative and industrial coatings within the small-cap paints industry.<BR><BR>History:<BR>Kansai Nerolac Paints Ltd was incorporated in 1920 and has undergone various status changes since its inception. The latest quarterly results reported net sales and net profit for the period ending March 2026.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 1,954 Cr (Quarterly Results - Mar 2026) <BR>Most recent Net Profit: 112 Cr (Quarterly Results - Mar 2026) <BR>Market-cap value: INR 17,290 Cr (Small Cap)<BR><BR>Key Metrics:<BR>P/E: 27.00 <BR>Industry P/E: 52 <BR>Dividend Yield: 0.60% <BR>Debt-Equity: -0.34 <BR>Return on Equity: 9.45% <BR>Price to Book: 2.52 <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

Are Kansai Nerolac Paints Ltd latest results good or bad?

Kansai Nerolac Paints Ltd's latest results are mixed; while net profit increased 3.51% year-on-year, it declined 7.49% from the previous quarter, and revenue grew 7.54% year-on-year but fell 1.43% sequentially. Overall, the performance is considered "Flat," indicating challenges with margin compression and rising costs.

Kansai Nerolac Paints Ltd's latest results present a mixed picture. For Q4 FY26, the company reported a net profit of ₹112.27 crore, which is a 3.51% increase year-on-year but a decline of 7.49% compared to the previous quarter. Revenue for the same quarter was ₹1,953.71 crore, reflecting a year-on-year growth of 7.54%, yet it decreased by 1.43% from the previous quarter.<BR><BR>While the year-on-year revenue growth indicates some resilience, the sequential decline in both revenue and net profit raises concerns about demand and operational efficiency. The operating margin improved year-on-year to 11.08%, up 196 basis points, but it fell 101 basis points from the previous quarter, suggesting volatility in cost management.<BR><BR>Overall, the financial performance has been classified as "Flat," indicating stagnation in earnings growth despite modest revenue increases. The company faces challenges with margin compression and rising costs, which are impacting profitability. Given these factors, the results can be seen as disappointing, particularly in light of the declining profit margins and the company's struggle to maintain competitive positioning in the market.

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.