Kansai Nerolac Paints Limited — PPTs, 06-02-2025: Investor Presentation

**Financial Highlights:** Kansai Nerolac Paints reported a net revenue growth of 1.5% in Q3 FY 2024-25, amounting to ₹18,422.1 million, with a 2.9% increase in PBDIT. However, YTD results showed a modest net revenue gain of 0.4%, while PBDIT declined by 5.6%. Notably, PBT after exceptional items surged by 232.3% in Q3, reflecting strong operational performance despite challenges.

**Strategic Initiatives and Growth Drivers:** The company is advancing its brand strategy with over 20 new products contributing significantly to its decorative segment. The ongoing expansion of its distribution network is on track, with 300+ new outlets established across 200+ towns.

**Business Developments:** Growth in the construction chemicals sector and premium wood finishes has bolstered decorative sales, contributing over 10%. Additionally, the project business is experiencing double-digit growth, indicating increased market penetration.

**Market Position and Competitive Advantage:** The company's focus on environmental sustainability has positioned it favorably with strong brand recognition, manifesting in leadership within the space and a robust innovation pipeline.

**Investor Implications:** With improved financial performance in Q3 and strategic initiatives aimed at expanding market reach, Kansai Nerolac exhibits a positive outlook, although external risks like rupee depreciation and geopolitical tensions warrant close monitoring.