KANSAINER · NSE
Kansai Nerolac Paints Limited
₹183.96
-0.13% (-₹0.24)
Prev. close
₹184.2
Volume
6,72,383
Delivery %
58.2%
As of
18 Sept 2026
Price history
Analyst sentiment
Analysts lean bullish
1 analyst stance · last 90 days · one per analyst
Trackable
1 · 1 bull / 0 neutral / 0 bear
Long-Horizon
none in window
Commentary
none in window
Trackable = verdict-bearing calls · Long-Horizon = 1yr+ horizon, verdict pending · Commentary = context, not graded
Analyst opinions
| Call | Analyst | Instrument | Verdict | Actions |
|---|---|---|---|---|
| “Initiated coverage on Kansai Nerolac Paints with a 'Buy' recommendation and a target price of ₹232, implying a 16.6% ups…” | Monarch Networth Capital AnalysisMonarch Networth Capital | Kansai Nerolac Paints | PENDING |
Fundamentals
About Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited engages in the manufacture and supply paints, varnishes, enamels, and lacquers in India. It provides interior and exterior wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; interior textures; general industrial, powder, coil, automotive, auto refinish, and floor coatings; wood finishes, waterproofing solutions, and construction chemicals; and decorative and soldier paints. The company also offers painters, background check, guidance, color consultation, on-site sanitation, quotation, and color selection tools services. It serves residential, commercial, retail, industrial, governmental, and institutional customers, as well as automotive, consumer durables, machinery, equipment, and structural industries. The company was formerly known as Goodlass Nerolac Paints Limited and changed its name to Kansai Nerolac Paints Limited in April 2006. The company was incorporated in 1920 and is headquartered in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.
Details
Sector
Basic Materials
Industry
Specialty Chemicals
CEO
Mr. Debashish Vanikar
Headquarters
Mumbai
Employees
3,804
Website
nerolac.comExchange
View on NSE ↗Key stats
Market cap
₹14,878.29 Cr
P/E ratio (TTM)
24.9
Dividend yield
1.36%
EPS (TTM)
₹7.40
Beta (1Y · daily vs NIFTY 50)
0.95
Beta (5Y · monthly vs NIFTY 50)
1.08
Shares float
20.14 Cr
EPS · quarter ended Jun 2026
₹2.86
Upcoming earnings
03 Nov 2026
Financial Performance
01 · Financials
FY21 growth needs FY20 filings, which the data source doesn't provide.
02 · Earnings Per Share (EPS)
03 · Dividend Profile
Growth compares completed fiscal-year dividend totals on the company's own calendar: April–March (Indian FY), taken from its reported period-ends. Payout ledger: NSE corporate actions.
04 · Operating Efficiency (Growth Rates)
Balance-sheet-based · pre-FY23 not filed in verifiable form
05 · Capital Structure & Asset Utilization
Pre-FY23 not filed in verifiable form
Asset turnover needs a prior year of assets — omitted for the earliest available year.
06 · Asset Base Composition
Pre-FY23 not filed in verifiable form
07 · Debt Level & Coverage
Pre-FY23 not filed in verifiable form
08 · Profit & Loss
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹5,074.25 Cr | ₹6,369.35 Cr | ₹7,542.73 Cr | ₹7,801.44 Cr | ₹7,822.97 Cr | ₹8,051.91 Cr | |
| EBITDA | ₹901.49 Cr | ₹674.77 Cr | ₹843.97 Cr | ₹1,780.88 Cr | ₹1,710.98 Cr | ₹1,057.39 Cr |
| ₹529.74 Cr | ₹358.86 Cr | ₹473.58 Cr | ₹1,185.44 Cr | ₹1,142.95 Cr | ₹589.47 Cr | |
| Diluted EPS | ₹6.55 | ₹4.44 | ₹5.85 | ₹14.65 | ₹14.12 | ₹7.28 |
09 · Balance Sheet
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹5,533.00 Cr | ₹5,709.00 Cr | ₹6,306.00 Cr | ₹7,410.00 Cr | ₹8,217.00 Cr | ₹8,711.00 Cr | |
| — | ₹318.71 Cr | ₹287.04 Cr | ₹276.42 Cr | ₹296.39 Cr | ₹302.73 Cr | |
| Stockholders' equity | ₹4,053.00 Cr | ₹4,132.00 Cr | ₹4,534.00 Cr | ₹5,583.00 Cr | ₹6,423.00 Cr | ₹6,714.00 Cr |
Total debt, Long-term debt, Current (short-term) debt, Others have filed figures for only some of the years shown — no further verified source covers the rest, so those years are left blank rather than estimated.
Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.
10 · Cash Flow Statement
Annual
| Line item | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| ₹646.00 Cr | ₹25.00 Cr | ₹408.00 Cr | ₹903.00 Cr | ₹672.00 Cr | ₹894.00 Cr | |
| Investing cash flow | ₹-452.84 Cr | ₹249.54 Cr | ₹-226.91 Cr | ₹-589.76 Cr | ₹-378.62 Cr | ₹-382.65 Cr |
| ₹-274.00 Cr | ₹-309.00 Cr | ₹-133.00 Cr | ₹-249.00 Cr | ₹-366.00 Cr | ₹-403.00 Cr | |
| Capital expenditure | ₹-104.00 Cr | ₹-219.00 Cr | ₹-123.00 Cr | ₹-237.00 Cr | ₹-326.00 Cr | ₹-213.00 Cr |
| End cash position | ₹23.83 Cr | ₹-11.17 Cr | ₹37.57 Cr | ₹101.98 Cr | ₹29.60 Cr | ₹138.02 Cr |
Annual only — the data source has no quarterly cash-flow-statement coverage.
11 · Shareholding Pattern
NSE, quarterly
| Line item | Sep 21–Dec 24(15Q) | Mar 25–Dec 25(4Q) | Mar 26–Jun 26(2Q) |
|---|---|---|---|
| Promoter | 74.99% | 74.98% | 74.96% |
| Public | 25.01% | 25.02% | 25.04% |
| Employee trusts | 0.00% | 0.00% | 0.00% |
Source: NSE quarterly shareholding-pattern filings, collapsed to periods where the reported percentages held steady — a column spanning several quarters means no change was filed across them. No FII/DII sub-split available from this source — Public includes all non-promoter, non-employee-trust holders.
12 · Peer Comparison
Basic Materials
| Company | ||||||||
|---|---|---|---|---|---|---|---|---|
| UltraTech Cement Limited | ₹3.17 L Cr | ₹11,014 | 36.9 | 4.13 | 10.7% | 0.31 | +16.6% | -12.8% |
| JSW Steel Limited | ₹3.06 L Cr | ₹1,275.6 | 12.4 | 3.06 | 22.3% | 1.19 | +9.3% | +13.8% |
| Hindustan Zinc Limited | ₹2.42 L Cr | ₹596 | 14.2 | 10.69 | 61.1% | 0.39 | +18.6% | +31.0% |
| Asian Paints Limited | ₹2.35 L Cr | ₹2,451.3 | 49.3 | 11.01 | 20.2% | 0.18 | +5.1% | -1.1% |
| Tata Steel Limited | ₹2.28 L Cr | ₹187.29 | 20.7 | 2.23 | 10.6% | 0.90 | +6.2% | +9.3% |
| Hindalco Industries Limited | ₹2.18 L Cr | ₹986.5 | 13.3 | 1.59 | 9.8% | 0.73 | +15.0% | +31.5% |
| Grasim Industries Limited | ₹2.15 L Cr | ₹3,209.2 | 37.9 | 2.08 | 4.8% | 2.20 | +18.2% | +11.5% |
| Solar Industries India Limited | ₹1.71 L Cr | ₹18,815 | 86.1 | 27.25 | 26.7% | 0.29 | +30.6% | +27.0% |
| Vedanta Aluminium Metal Limited | ₹1.60 L Cr | ₹416.5 | 42.1 | — | — | — | — | — |
| Pidilite Industries Limited | ₹1.58 L Cr | ₹1,572.1 | 59.8 | 14.58 | 22.6% | 0.04 | +11.1% | -48.5% |
| JINDAL STEEL LIMITED | ₹1.11 L Cr | ₹1,103 | 41.1 | 2.19 | 6.6% | 0.44 | +5.5% | +4.7% |
| Kansai Nerolac Paints Limited | ₹14,897.70 Cr | ₹183.96 | 24.9 | 2.22 | 8.8% | 0.05 | +3.0% | -27.4% |
Ranked by market cap within Basic Materials, same metrics as the Fundamentals screener. Click a column to sort.
Documents
Annual reports
Show all 30
Concall transcripts
Show all 14
Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.
Index membership
16 indices
NSE weights are a free-float market-cap-share estimate, not NSE’s own published (and sometimes capped) index weight. BSE weights are BSE’s own published index weight, not an estimate. Indices without weight data are listed without one, in alphabetical order after the weighted ones.
Kansai Nerolac stock steady as GST penalty and Q1 margin guidance shape outlook
AD HOC NEWS · 18 days ago
Kansai Nerolac: Tax Penalty Reduced by ₹1.04 Crore in Appeal
Kansai Nerolac Paints received partial relief in a tax appeal, reducing its penalty for disallowed Input Tax Credit from FY 2017-18. The penalty amount was lowered to ₹1.46 crore, and the company plans to file a further appeal. Kansai Nerolac stated this order has no material impact on its financials.