Kansai Nerolac Paints Limited — Investor Meet, 12-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Kansai Nerolac reported Q4 consolidated revenue growth of 7.5% with PBDIT up 30.6%, benefiting from mix improvement across decorative and industrial segments. The company has implemented multiple price increases in decorative (high single-digit cumulative) and secured hikes in industrial to address rising input costs due to crude oil and rupee depreciation. Management projects a FY27 margin outlook of 13-14%, banking on raw material stabilization in H2. Demand is robust in auto and infrastructure. New premium products and project business are driving growth. The focus remains on profitable expansion and cost efficiency amidst market volatility, with a cautiously optimistic outlook.