Kansai Nerolac

Why is Kansai Nerolac Paints Ltd falling/rising?

As of 09-Jun, Kansai Nerolac Paints Ltd's stock price is at 209.35, reflecting a decline of 1.75% and significant underperformance compared to the Sensex. The stock has dropped 16.23% over the past year and 46.20% over five years, despite being net-debt free and having a fair valuation.

As of 09-Jun, Kansai Nerolac Paints Ltd's stock price is falling, currently at 209.35, which reflects a decrease of 1.75 or 0.83%. The stock has underperformed against the benchmark Sensex, which has only declined by 0.98% over the past week. Over the last month, the stock has dropped by 5.01%, while the Sensex fell by 4.41%. Year-to-date, Kansai Nerolac's stock has decreased by 11.10%, compared to a 13.26% decline in the Sensex. <BR><BR>In terms of longer-term performance, the stock has seen a significant decline of 16.23% over the past year, while the Sensex has only decreased by 10.34%. The three-year performance shows a stark contrast, with Kansai Nerolac down 26.83% compared to the Sensex's gain of 18.03%. The five-year performance is even more pronounced, with the stock falling by 46.20% against a 42.31% increase in the Sensex.<BR><BR>Despite these declines, there are some positive factors. The company is net-debt free and has an attractive valuation with a return on equity (ROE) of 9.5 and a price-to-book value of 2.5, indicating it is trading at a fair value compared to its peers. However, the stock's performance today has been particularly poor, underperforming its sector by 2.44%. <BR><BR>Investor participation has risen significantly, with a delivery volume increase of 2599.06% against the five-day average, suggesting some interest in the stock despite its falling price. However, the stock's moving averages indicate it is lower than the 5-day, 20-day, and 200-day moving averages, which may contribute to the downward pressure on its price. Overall, the combination of underperformance relative to benchmarks, significant historical declines, and current market conditions are contributing to the falling stock price of Kansai Nerolac Paints Ltd.

Which are the latest news on Kansai Nerolac?

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.

How big is Kansai Nerolac?

As of 24th July, Kansai Nerolac Paints Ltd has a market capitalization of 20,103.00 Cr, with recent net sales of 7,822.97 Cr and a net profit of 1,142.95 Cr. Shareholder's funds are valued at 6,423.16 Cr, and total assets amount to 8,217.03 Cr.

As of 24th July, Kansai Nerolac Paints Ltd has a market capitalization of 20,103.00 Cr and is classified as a Mid Cap company.<BR><BR>In the latest four quarters, the company reported Net Sales of 7,822.97 Cr and a Net Profit of 1,142.95 Cr.<BR><BR>For the latest annual period, the Shareholder's Funds were valued at 6,423.16 Cr, while the Total Assets amounted to 8,217.03 Cr.

What does Kansai Nerolac do?

Kansai Nerolac Paints Ltd is a leading Indian coatings company specializing in decorative and industrial paints, with recent net sales of ₹18,166 Cr and a net profit of ₹1,085 Cr as of March 2025. It has a market capitalization of ₹20,091 Cr and key metrics include a P/E ratio of 31.00 and a dividend yield of 0.50%.

Overview:<BR>Kansai Nerolac Paints Ltd is one of India's largest coatings companies, specializing in both decorative and industrial coatings within the paints industry and categorized as a large-cap company.<BR><BR>History:<BR>Kansai Nerolac Paints Ltd was incorporated in an unspecified year and has undergone no status changes. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 18,166 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 1,085 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: INR 20,091 Cr (Large Cap)<BR><BR>Key Metrics:<BR>P/E: 31.00 <BR>Industry P/E: 53 <BR>Dividend Yield: 0.50% <BR>Debt-Equity: -0.29 <BR>Return on Equity: 10.10% <BR>Price to Book: 3.14 <BR><BR>Contact Details:<BR>Address: Nerolac House Post Box-16322, Ganpatrao Kadam Mrg LowerParel Mumbai Maharashtra : 400013 <BR>Phone: 91-22-24934001 <BR>Email: investor@nerolac.com <BR>Website: http://www.nerolac.com

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.

Who are in the management team of Kansai Nerolac?

As of March 2022, the management team of Kansai Nerolac includes Pradip P Shah (Chairman), Anuj Jain (Managing Director), and several directors, with notable independent directors like Sonia Singh and Bhaskar Bhat. Their roles focus on overseeing the company's operations and strategic direction.

As of March 2022, the management team of Kansai Nerolac includes the following individuals:<BR><BR>1. Pradip P Shah - Chairman & Independent Director (Remuneration: 45.0 lacs)<BR>2. G T Govindarajan - Company Secretary & Compliance Officer (Remuneration: 0)<BR>3. Anuj Jain - Managing Director (Remuneration: 3.27 cr)<BR>4. Hitoshi Nishibayashi - Director (Remuneration: 0)<BR>5. Sonia Singh - Independent Director (Remuneration: 40.25 lacs)<BR>6. Takashi Tomioka - Director (Remuneration: 0)<BR>7. Bhaskar Bhat - Independent Director (Remuneration: 2.5 lacs)<BR>8. Pravin D Chaudhari - Director (Remuneration: 0)<BR><BR>This team is responsible for overseeing the operations and strategic direction of the company.

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.

Who are the peers of the Kansai Nerolac?

Kansai Nerolac's peers include Asian Paints, Berger Paints, Akzo Nobel, and others. In terms of management risk, Kansai Nerolac is rated as good, with a 1-year return of -7.00%, better than Kamdhenu Venture but lower than Akzo Nobel's 29.49%.

Peers: The peers of Kansai Nerolac are Asian Paints, Berger Paints, Akzo Nobel, 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, Berger Paints, and Akzo Nobel, while Good management risk is found at Kansai Nerolac and Indigo Paints. Average management risk is seen at Sirca Paints and MCON Rasayan, and Below Average management risk is present at Shalimar Paints and Kamdhenu Venture. Retina Paints does not qualify. In terms of growth, Excellent growth is noted at Sirca Paints, Average growth at Asian Paints and Berger Paints, and Below Average growth at Kansai Nerolac, Akzo Nobel, Indigo Paints, Shalimar Paints, and Kamdhenu Venture. MCON Rasayan also has Excellent growth, while Retina Paints does not qualify. Capital Structure is Excellent for Asian Paints, Berger Paints, Kansai Nerolac, Akzo Nobel, Indigo Paints, Sirca Paints, and Kamdhenu Venture, while Below Average is noted for Shalimar Paints and MCON Rasayan.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Akzo Nobel at 29.49%, while the peer with the lowest is Kamdhenu Venture at -66.20%. Kansai Nerolac's 1-year return is -7.00%, which is higher than Kamdhenu Venture's but lower than Akzo Nobel's. Additionally, Shalimar Paints and Kamdhenu Venture have negative six-month returns.