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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.
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.