Kansai Nerolac Paints Ltd (KANSAINER)
₹193.19
Mkt cap
₹15,624 Cr
P/E ratio
27.00
P/B
2.33
Div yield
1.29%
ROE
8.82%
ROCE
12.00%
EPS (TTM)
₹7.16
Book value
₹83
52W range
159–257
Sector
Consumer Discretionary
Having started its operations in 1920 as Gahagan Paints & Varnish in Mumbai, Kansai Nerolac Paints is principally engaged in the manufacturing of Paints and is a market leader in Industrial coatings. [1] The company is subsidiary of Kansai Paints Co. Ltd Japan, from whom it continuously gets support and guidance in improvement of quality standards and getting best technology upgrades.
Health check
Mixed
ValuationCheap
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−24.78% from high₹193
₹159+21.45% from low₹257
Current
₹193.19
Prev close
₹194.10
Day
−0.47%
Price performance
1D
−0.47%
1W
−3.98%
1M
−9.05%
3M
−2.01%
6M
−14.84%
1Y
−22.65%
YTD
−19.86%
Financials
FRevenue, profit & margin
P/E ratio
27.0×
KANSAINER is 24% below the sector median of 35.7×
KANSAINER27.0×
Sector median35.7×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,734 | 2,157 | 1,957 | 1,919 | 1,769 | 2,133 | 1,951 | 1,922 | 1,817 | 2,162 | 1,954 | 1,982 | 1,954 | |
| Expenses | 1,565 | 1,825 | 1,683 | 1,675 | 1,590 | 1,803 | 1,739 | 1,687 | 1,651 | 1,859 | 1,739 | 1,742 | 1,737 | |
| Operating Profit | 168 | 332 | 273 | 244 | 179 | 330 | 212 | 235 | 166 | 303 | 215 | 240 | 216 | |
| OPM % | 10% | 15% | 14% | 13% | 10% | 15% | 11% | 12% | 9% | 14% | 11% | 12% | 11% | |
| Other Income | 10 | 678 | 22 | 20 | 33 | 34 | 27 | 671 | 37 | 53 | 28 | -10 | 11 | |
| Interest | 7 | 7 | 8 | 7 | 7 | 7 | 7 | 9 | 8 | 7 | 8 | 9 | 8 | |
| Depreciation | 46 | 47 | 47 | 48 | 48 | 48 | 49 | 53 | 52 | 53 | 54 | 60 | 61 | |
| Profit before tax | 125 | 956 | 240 | 208 | 157 | 308 | 183 | 844 | 144 | 295 | 182 | 161 | 158 | |
| Tax % | 23% | 23% | 27% | 27% | 27% | 27% | 34% | 22% | 29% | 27% | 27% | 27% | 31% | |
| Net Profit | 96 | 734 | 175 | 152 | 114 | 225 | 120 | 662 | 102 | 216 | 133 | 117 | 110 | |
| EPS in Rs | 1.16 | 9.13 | 2.19 | 1.91 | 1.44 | 2.86 | 1.52 | 8.42 | 1.34 | 2.73 | 1.67 | 1.50 | 1.39 | |
| Raw PDF |
Earnings
EResults dates & reactionsNext results
3 Aug '26
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.03% · closed higher next day 25 of last 65
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26† | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 3 Aug '23◦ | 2 Nov '23 | 5 Feb '24◦ | 4 May '24◦ | 29 Jul '24◦ | 6 Nov '24◦ | 5 Feb '25◦ | 24 Jun '26◦ | 4 Aug '25◦ | 3 Nov '25◦ | 3 Feb '26◦ | 6 May '26◦ |
| Earnings day | +2.06% | −1.32% | −3.02% | +0.07% | +8.11% | −2.08% | +3.70% | −0.91% | −0.74% | −0.24% | −2.66% | +5.02% |
| +1 day | +2.48% | −3.19% | −7.35% | −1.37% | +9.05% | −5.08% | +1.56% | −4.42% | −3.72% | −0.39% | −4.31% | +9.39% |
| +5 days | +2.65% | −3.32% | −8.63% | −6.02% | +5.45% | −9.24% | −4.26% | −1.18% | −2.30% | −1.45% | −9.51% | +10.20% |
| +15 days | +2.03% | +1.68% | −14.02% | −6.17% | +5.32% | −3.17% | −7.55% | −6.11% | −2.43% | −6.08% | −12.05% | +8.26% |
| +30 days | +2.31% | +5.44% | −22.60% | −2.07% | +12.21% | −7.18% | −0.62% | — | +3.80% | −10.87% | −26.14% | +4.82% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 2.50 Per Share | 2.50 | 29 Jun '26 | 29 Jun '26 |
Shareholding
Sas of Jun 202674.96%Promoter
Promoters74.96%
FIIs4.02%0.42
DIIs11.88%0.02
Public9.14%0.39
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Asian Paints | ₹2,637.90 | 56.96 | 2,53,027 | 1.04% | 1,185 | +43.83% | 9,247 | +10.62% | 26.34% |
| Berger Paints | ₹497.95 | 51.32 | 58,061 | 0.80% | 335 | +17.33% | 2,868 | +6.07% | 21.55% |
| Kansai Nerolac | ₹193.19 | 26.98 | 15,624 | 1.29% | 110 | +15.06% | 1,954 | +7.54% | 11.99% |
| JSW Dulux | ₹2,943.90 | 37.12 | 13,407 | 1.70% | 126 | +15.96% | 883 | −12.92% | 22.73% |
| Indigo Paints | ₹1,048.90 | 33.43 | 5,007 | 0.33% | 57 | +0.77% | 398 | +8.36% | 17.94% |
| Sirca Paints | ₹393.45 | 34.36 | 2,235 | 0.51% | 18 | +25.07% | 134 | +33.07% | 20.28% |
| Shalimar Paints | ₹68.90 | — | 577 | 0.00% | −7 | +22.37% | 156 | −12.32% | −7.92% |
| Median: 9 Co. | ₹393.45 | 35.74 | 5,007 | 0.80% | 57 | +17.33% | 398 | +7.54% | 20.28% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts62
TranscriptMay 2026PPTMay 2026TranscriptMar 2026PPTMar 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025RECNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025RECMay 2025TranscriptApr 2025PPTApr 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024
Credit ratings6
Announcements5
Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 1d - Intimation regarding allotment of Equity Shares pursuant to exercise of Restricted Stock Units is enclosed herewith.Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 2d - Kansai Nerolac Paints Limited, Q1 FY 2026-27 Financial Results Conference Call - InviteShareholder Meeting / Postal Ballot-Scrutinizer''s Report 9 JulShareholder Meeting / Postal Ballot-Outcome of AGM 9 JulClosure of Trading Window 25 Jun