Kansai Nerolac Paints Limited
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.
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Intimation under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 and relevant SEBI Circulars is enclosed herewith.
Kansai Nerolac reported Q1 FY27 consolidated revenue up 9.8%, with PBDIT rising 8.3%. Decorative value grew high-single digit, while industrial segments saw double-digit growth. Management is prioritizing a premium product mix, resulting in low single-digit decorative volume growth. They aim to maintain FY27 margins at 13-14%, targeting 14%+ in the...
A group conference call was hosted by the management to discuss the Q1 FY 2026-27 financial results. The audio recording of this call is now available on the company's website. A transcript will be shared with stock exchanges and uploaded on the website in due course.
Kansai Nerolac Paints' Q1 consolidated financials: Net Revenue grew 9.8% YoY to ₹2,373.59 Cr. PBDIT and PAT also increased, despite some margin pressure from higher material costs. All key segments, including Decorative, Industrial, and Construction Chemicals, saw strong growth, supported by network expansion and a ₹600 Cr capacity investment. Management...
Kansai Nerolac will invest Rs 601 Cr in capacity expansion by FY29, funded by internal cash. This includes 4,275 KL/month for industrial paints, 1,215 MT/month for powder coating, and 815 MT/month for resins across its Sayakha, Bawal, and Hosur plants, aiming to meet automotive paint demand and for backward integration.