Kansai Nerolac Paints Limited

NSE: KANSAINER · Consumer Durables

₹196.01-4.03%06 Nov 2026

Ask the data

Instant answers about Kansai Nerolac Paints Limited — computed from its filings, no language model

Market cap₹15,851 cr

Current price₹196.01

High / Low₹250 / ₹159

P/E25.9

P/B2.30

Book value₹85.2

ROE8.9%

ROCE12.2%

Debt / equity0.01

Dividend yield1.91%

EPS (TTM)₹7.56

Face value₹1

Price & valuation

split & bonus adjusted · pick a metric and range

Annual performance

annual · ₹ crore · line = operating margin

showing latest 6 of 7 periods

	FY20	FY21	FY22	FY23	FY24	FY25	FY26
Revenue	5,280	5,074	6,369	7,543	7,801	7,823	8,052
EBITDA	804	863	649	818	1,028	942	975
Operating margin	15.2%	17.0%	10.2%	10.8%	13.2%	12.0%	12.1%
Interest	21	24	29	29	29	31	32
Depreciation	142	165	170	180	190	202	228
Profit before tax	667	712	476	635	1,561	1,478	797
Tax	151	187	133	166	385	369	221
Net profit	521	530	359	474	1,185	1,143	589
EPS ₹	9.67	9.83	6.66	8.79	14.66	14.14	7.29
Operating cash flow	—	—	25	408	903	672	894
Capex	—	—	219	123	237	326	213
Dividend paid	—	—	284	55	146	303	303
Total assets	—	—	—	6,306	7,410	8,217	8,711
Equity	—	—	—	4,534	5,583	6,423	6,714

Quarterly performance

last 30 quarters · ₹ crore

showing latest 8 of 30 periods

	JUN '19	SEP '19	DEC '19	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
Revenue	1,542	1,326	1,332	1,080	639	1,383	1,593	1,460	1,403	1,620	1,810	1,537	2,051	1,931	1,827	1,734	2,157	1,957	1,919	1,769	2,133	1,951	1,922	1,817	2,162	1,954	1,982	1,954	2,374	2,317
Operating profit	254	219	198	134	77	269	304	213	191	163	212	84	255	199	195	168	332	273	244	179	330	212	235	166	303	215	240	216	328	224
Operating margin	16.4%	16.5%	14.8%	12.4%	12.0%	19.4%	19.1%	14.6%	13.6%	10.0%	11.7%	5.5%	12.4%	10.3%	10.7%	9.7%	15.4%	14.0%	12.7%	10.1%	15.5%	10.9%	12.2%	9.1%	14.0%	11.0%	12.1%	11.1%	13.8%	9.7%
Other income	7	4	11	4	8	5	14	11	10	6	10	-1	5	4	7	10	17	22	20	33	34	27	42	37	53	28	35	30	55	35
Interest	5	5	5	6	6	5	5	8	7	7	7	8	8	6	7	7	7	8	7	7	7	7	9	8	7	8	9	8	8	8
Depreciation	33	34	37	38	38	39	40	48	42	42	43	43	43	45	46	46	47	47	48	48	48	49	53	52	53	54	60	61	63	63
Profit before tax	223	185	166	94	42	229	274	168	152	120	172	32	208	152	149	125	956	240	208	157	308	183	844	144	295	182	161	158	312	188
Tax	78	-5	50	28	12	61	69	45	41	33	47	13	56	41	40	29	222	65	56	42	83	63	181	41	80	48	44	49	84	44
Net profit	146	191	117	67	33	168	204	124	114	92	128	25	156	114	110	94	738	177	154	116	231	123	681	108	221	135	121	112	232	146
EPS ₹	2.71	3.54	2.17	1.25	0.62	3.12	3.78	2.31	2.12	1.71	2.38	0.46	2.90	2.11	2.04	1.74	9.13	2.19	1.91	1.44	2.86	1.52	8.42	1.34	2.73	1.67	1.50	1.39	2.86	1.81
Revenue YoY	—	—	—	—	-58.6%	4.3%	19.6%	35.1%	119.6%	17.1%	13.7%	5.3%	46.2%	19.2%	0.9%	12.8%	5.1%	1.3%	5.0%	2.1%	-1.1%	-0.3%	0.2%	2.7%	1.4%	0.1%	3.1%	7.5%	9.8%	18.6%
Profit YoY	—	—	—	—	-77.1%	-11.8%	74.2%	84.9%	240.9%	-45.3%	-37.2%	-80.1%	37.0%	23.4%	-14.1%	279.2%	372.1%	56.0%	40.3%	23.7%	-68.7%	-30.7%	341.4%	-6.5%	-4.3%	9.9%	-82.2%	3.5%	4.8%	8.5%

Earlier results (standalone, Sep '07 – Mar '19)

₹ crore · from BSE, before the NSE XBRL filings begin

Kansai Nerolac Paints Limited reports consolidated figures above. Quarterly consolidated results only became mandatory in India in 2019, so the earlier history available is the standalone company only (excluding subsidiaries). It is shown separately so the two bases are never mixed.

Full years

showing latest 8 of 11 periods

	FY09†	FY10†	FY11†	FY12†	FY13†	FY14†	FY15†	FY16†	FY17†	FY18†	FY19†
Revenue	1,375	1,707	2,140	2,601	2,857	3,154	3,542	3,830	4,387	4,734	5,139
Operating profit	158	265	292	338	336	362	445	572	731	787	707
Operating margin	11.5%	15.5%	13.6%	13.0%	11.8%	11.5%	12.6%	14.9%	16.7%	16.6%	13.8%
Other income	21	19	22	24	16	10	22	25	98	75	97
Interest	2	1	1	—	—	—	—	—	—	—	—
Depreciation	38	44	49	56	62	65	68	68	69	76	90
Profit before tax	140	239	289	305	406	307	399	1,065	759	786	713
Tax	42	73	83	89	123	100	127	174	253	270	246
Net profit	99	166	206	216	282	207	272	891	506	516	467

Quarters

showing latest 8 of 47 periods

	SEP '07†	DEC '07†	MAR '08†	JUN '08†	SEP '08†	DEC '08†	MAR '09†	JUN '09†	SEP '09†	DEC '09†	MAR '10†	JUN '10†	SEP '10†	DEC '10†	MAR '11†	JUN '11†	SEP '11†	DEC '11†	MAR '12†	JUN '12†	SEP '12†	DEC '12†	MAR '13†	JUN '13†	SEP '13†	DEC '13†	MAR '14†	JUN '14†	SEP '14†	DEC '14†	MAR '15†	JUN '15†	SEP '15†	DEC '15†	MAR '16†	JUN '16†	SEP '16†	DEC '16†	MAR '17†	JUN '17†	SEP '17†	DEC '17†	MAR '18†	JUN '18†	SEP '18†	DEC '18†	MAR '19†
Revenue	348	345	308	354	391	317	314	413	449	421	424	525	535	560	520	652	616	666	667	724	682	767	684	792	792	824	747	924	923	887	808	1,000	971	968	891	1,047	1,134	1,144	1,063	1,324	1,162	1,145	1,104	1,367	1,286	1,344	1,142
Operating profit	51	50	41	45	45	35	34	60	85	61	59	81	84	69	58	93	91	81	73	97	79	85	76	101	92	87	82	117	120	108	99	149	154	136	133	187	198	182	164	207	219	192	169	212	187	170	138
Operating margin	14.7%	14.4%	13.1%	12.6%	11.6%	10.9%	10.7%	14.5%	18.9%	14.5%	13.9%	15.4%	15.7%	12.3%	11.2%	14.2%	14.8%	12.1%	10.9%	13.4%	11.6%	11.0%	11.1%	12.8%	11.6%	10.6%	11.0%	12.7%	13.0%	12.2%	12.3%	14.9%	15.8%	14.1%	14.9%	17.8%	17.5%	15.9%	15.4%	15.7%	18.8%	16.8%	15.3%	15.5%	14.6%	12.6%	12.1%
Other income	7	5	4	7	4	5	5	8	4	4	4	5	5	4	8	6	3	7	8	7	4	3	3	4	1	3	2	8	4	4	6	6	6	6	6	21	29	25	23	20	17	20	19	23	22	27	26
Interest	0	0	0	0	1	1	0	0	0	0	0	0	0	0	0	0	0	0	—	—	—	—	—	—	0	0	0	—	0	—	0	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Depreciation	10	10	11	9	9	10	10	10	10	11	13	11	12	13	13	12	14	14	16	16	16	17	13	15	16	17	17	16	17	17	17	17	17	17	17	17	17	18	18	18	19	19	20	20	23	24	23
Profit before tax	48	44	33	43	40	29	28	58	78	53	49	74	76	60	78	86	81	73	65	88	66	70	181	90	77	73	67	108	107	95	88	139	143	125	658	191	210	189	170	209	217	193	168	214	186	173	141
Tax	15	14	9	13	13	8	8	16	25	17	15	23	23	18	19	25	24	21	20	25	19	21	58	29	25	24	22	35	35	29	28	45	46	41	42	64	71	65	54	68	72	67	62	74	64	61	48
Net profit	33	30	24	30	27	21	20	42	53	36	34	52	54	42	59	61	57	53	45	63	47	49	123	61	52	49	45	73	73	66	60	94	97	84	616	126	139	124	116	141	145	125	106	140	122	113	93
EPS ₹	12.29	11.22	8.89	11.20	10.04	7.88	7.45	15.70	19.66	13.47	12.59	9.63	9.95	7.72	10.92	11.36	10.60	9.78	8.33	11.74	8.80	9.07	22.77	11.30	9.59	9.11	8.33	13.54	13.48	12.18	1.12	1.74	1.80	1.57	11.43	2.35	2.59	2.30	2.16	2.61	2.68	2.32	1.96	2.59	2.26	2.09	1.72
Revenue YoY	—	—	—	—	12.1%	-8.3%	1.8%	16.6%	14.9%	33.1%	35.1%	27.2%	19.1%	33.0%	22.5%	24.1%	15.3%	18.8%	28.3%	11.0%	10.8%	15.2%	2.6%	9.5%	16.0%	7.5%	9.1%	16.6%	16.6%	7.7%	8.2%	8.2%	5.2%	9.1%	10.3%	4.7%	16.7%	18.2%	19.3%	26.5%	2.5%	0.1%	3.8%	3.2%	10.7%	17.3%	3.5%
Profit YoY	—	—	—	—	-18.3%	-29.7%	-16.2%	40.1%	95.8%	70.8%	68.9%	22.7%	1.2%	14.6%	73.5%	17.9%	6.5%	26.7%	-23.7%	3.4%	-17.0%	-7.2%	173.3%	-3.8%	9.1%	0.4%	-63.4%	19.8%	40.5%	33.7%	34.5%	28.8%	33.3%	28.6%	920.0%	34.5%	43.8%	46.8%	-81.1%	11.3%	3.8%	1.0%	-8.9%	-0.7%	-15.7%	-9.9%	-12.3%

Returns & margins

trailing-twelve-month, per quarter

showing latest 8 of 27 periods

	MAR '20	JUN '20	SEP '20	DEC '20	MAR '21	JUN '21	SEP '21	DEC '21	MAR '22	JUN '22	SEP '22	DEC '22	MAR '23	JUN '23	SEP '23	DEC '23	MAR '24	JUN '24	SEP '24	DEC '24	MAR '25	JUN '25	SEP '25	DEC '25	MAR '26	JUN '26	SEP '26
ROE	—	—	—	—	—	—	—	—	—	—	9.7%	9.3%	10.4%	23.3%	21.1%	21.9%	21.2%	12.1%	11.1%	20.4%	17.8%	17.6%	17.7%	9.0%	8.8%	8.9%	8.9%
ROCE	—	—	—	—	—	—	—	—	—	—	13.1%	12.6%	14.1%	30.0%	27.4%	28.4%	27.9%	16.5%	15.3%	26.4%	23.1%	22.9%	22.8%	12.4%	12.2%	12.5%	12.2%
Net margin	9.9%	9.3%	8.7%	10.1%	10.4%	10.5%	8.8%	7.3%	5.6%	5.7%	5.8%	5.5%	6.3%	13.8%	14.6%	15.0%	15.2%	8.7%	8.0%	14.8%	14.6%	14.4%	14.6%	7.4%	7.3%	7.3%	7.1%
EBITDA margin	15.2%	14.3%	15.3%	16.7%	17.0%	16.7%	14.3%	12.4%	10.2%	10.2%	10.2%	10.0%	10.8%	11.7%	12.6%	13.1%	13.2%	13.2%	12.4%	12.3%	12.0%	11.7%	11.7%	11.7%	12.1%	12.1%	11.7%
Debt / equity	—	—	—	—	—	—	—	—	—	—	0.04	0.04	0.04	0.04	0.03	0.03	0.02	0.02	0.02	0.02	0.02	0.02	0.01	0.01	0.01	0.01	0.01
Interest coverage	32.90	23.29	24.67	29.78	31.01	34.06	28.15	22.46	17.66	18.51	19.89	19.05	22.89	51.05	51.85	53.77	54.45	32.17	30.53	49.76	48.30	47.67	47.00	25.78	25.68	25.70	25.88
Asset turnover	—	—	—	—	—	—	—	—	—	—	1.19	1.20	1.20	1.21	1.08	1.09	1.05	1.05	1.01	1.01	0.95	0.96	0.94	0.95	0.92	0.95	0.94

Balance sheet

equity vs borrowings over time · ₹ crore

showing latest 6 of 9 periods

	SEP '22	MAR '23	SEP '23	MAR '24	SEP '24	MAR '25	SEP '25	MAR '26	SEP '26
Share capital	54	54	81	81	81	81	81	81	81
Other equity / reserves	4,304	4,480	5,232	5,502	5,564	6,342	6,392	6,633	6,807
Total equity	4,358	4,534	5,313	5,583	5,645	6,423	6,473	6,714	6,888
Borrowings	191	160	167	121	126	118	91	83	83
Current liabilities	1,530	1,507	1,517	1,521	1,722	1,451	1,539	1,657	1,995
Non-current liabilities	235	239	268	291	325	362	348	365	352
Total assets	6,136	6,306	7,120	7,410	7,699	8,217	8,339	8,711	9,204
Property, plant & equipment	1,905	1,888	1,960	1,941	1,978	2,007	2,277	2,086	2,316
Capital work-in-progress	97	113	79	149	179	221	189	170	207
Investments	129	501	972	1,327	1,210	1,850	1,730	2,365	1,972
Inventories	1,775	1,729	1,642	1,687	1,654	1,665	1,634	1,530	1,923
Receivables	1,453	1,238	1,606	1,335	1,658	1,357	1,711	1,467	1,910
Cash & equivalents	55	105	101	172	83	94	171	197	120

Cash flow

annual · ₹ crore · line = free cash flow

	FY22	FY23	FY24	FY25	FY26
Cash from operations	25	408	903	672	894
Cash from investing	250	-227	-590	-379	-383
Cash from financing	-309	-133	-249	-366	-403
Capex	219	123	237	326	213
Free cash flow	-194	285	666	346	681
Dividends paid	284	55	146	303	303

Where the assets sit

Sep '26 · ₹ crore

Fixed assets (PPE)

₹2,316 cr25%

CWIP

₹207 cr2%

Investments

₹1,972 cr21%

Inventories

₹1,923 cr21%

Receivables

₹1,910 cr21%

Cash & equivalents

₹120 cr1%

Other assets

₹756 cr8%

Peer comparison

largest in Consumer Durables · this company in bold

Company	Market cap ₹cr	Price	P/E	P/B	ROE
Titan Company Ltd.	4,43,900	5,000.00	63.1	24.31	38.5%
Asian Paints Ltd.	2,44,212	2,546.00	50.5	11.24	22.3%
LG Electronics India Ltd.	1,19,063	1,754.10	61.9	13.52	21.8%
Dixon Technologies (India) Ltd.	77,202	12,625.00	49.8	13.13	26.4%
Havells India Ltd.	70,793	1,128.00	42.6	7.24	17.0%
Kalyan Jewellers India Ltd.	61,009	590.75	42.5	9.67	22.7%
Berger Paints India Ltd.	55,776	478.35	45.5	7.88	17.3%
Voltas Ltd.	36,355	1,099.00	80.9	5.70	7.0%
Blue Star Ltd.	32,382	1,575.00	60.6	9.29	15.3%
Amber Enterprises India Ltd.	22,582	6,403.00	235.1	5.16	2.2%
Kansai Nerolac Paints Limited	15,851	196.01	25.9	2.30	8.9%

StoxGud checklist: Neutral setup · 5/10

Price above 50-day average
Price above 200-day average
50-day average above 200-day (uptrend)
RSI in healthy 40–70 zone
Positive 1-year return
Return on equity above 15%
Debt to equity below 1
Revenue growing year on year
Net profit margin above 10%
P/E below industry median

A rules-based screen of trend, momentum, quality and valuation. Educational only — not a buy or sell recommendation.

Returns & technicals

1 month+1.9%

6 months-7.3%

1 year-22.4%

3Y CAGR-13.8%

5Y CAGR-14.4%

10Y CAGR-2.9%

50-day avg₹185.76

200-day avg₹199.67

RSI (14)59

FAQs

What is the share price of Kansai Nerolac Paints Limited?

Kansai Nerolac Paints Limited (KANSAINER) closed at ₹196.01 on NSE on 06 Nov 2026.

What is the market cap of Kansai Nerolac Paints Limited?

₹15,851 crore at the latest close.

What is the P/E ratio of Kansai Nerolac Paints Limited?

25.9, on trailing-twelve-month earnings from its filings.

How fast is Kansai Nerolac Paints Limited growing?

Kansai Nerolac Paints Limited: revenue has compounded at 2.2% a year over three years; net profit at 7.6% a year. Latest-quarter revenue is up 18.6% year on year, profit up 8.5%.

How profitable is Kansai Nerolac Paints Limited?

On a trailing-twelve-month basis return on equity is 8.9%, return on capital employed 12.2%, operating margin 11.7%, net margin 7.1%.

How much debt does Kansai Nerolac Paints Limited have?

Kansai Nerolac Paints Limited is debt-free: debt to equity is 0.01 with borrowings of ₹83 cr against cash of ₹120 cr (balance sheet of 2026-09-30). Operating profit covers interest 25.9 times.

Financials parsed from Kansai Nerolac Paints Limited's own XBRL filings to NSE (consolidated), ₹ crore unless marked. Quarterly from JUN '19, annual from FY20, balance sheet from Sep '22. * = derived (full year or half year minus earlier quarters). Information only, not investment advice.