Kansai Nerolac Paints Ltd

Kansai Nerolac Paints Ltd share price inched up 4.06% to Rs 194.85. The Company's net profit witnessed a sharp fall of 36.96% to Rs 143.99 crore, while revenue from operations slipped slightly by 2.37% to Rs 2317.38 crore in Q3FY26 over Q2FY26. The market capitalization of Paints industry group stocks on BSE stood at Rs 3.63 lakh crore, gaining 0.36%. It has marginally improved by 4.42% over last one week and fell by 10.72% in last one month while the market capitalization of Kansai Nerolac Paints Ltd has improved by 8.85% and 8.40% in the same period respectively. Profit before tax (PBT) of Kansai Nerolac Paints Ltd stood at Rs 188.28 crore in Q3 FY26, rising 3.64% year-on-year, and tumbling by 39.74% quarter-on-quarter. EBITDA came in at Rs 189 crore, easing 1.16% YoY and tanking 30.88% sequentially. Total expenses saw a slight increase of 2.30% to Rs 2156.46 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1615.47 crore, inching up 6.53% YoY, while employee benefits expense was at Rs 142.52 crore, ticking higher by 3.16% YoY. For the TTM ended FY26, revenue from operations inched higher 2.93% to Rs 8051.91 crore, while net profit tumbled by 48.09% to Rs 575.84 crore, compared to previous TTM. EBITDA soared by 82859% to Rs 828.66 crore, and PBT collapsed by 46.08% to Rs 796.98 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 894.37 crore in FY26, as against Rs 672.36 crore in FY25. Kansai Nerolac Paints Ltd plunged by 21.61% in last one year, underperforming the benchmark BSE Sensex which has eased by 7.38% during the same period.

Kansai Nerolac Paints Limited announced that Mr. G. T. Govindarajan will retire as Company Secretary and Compliance Officer effective November 30, 2026, after 37 years with the company, and Ms. Rukmini Subramanian has been appointed as Company Secretary and Compliance Officer, effective December 1, 2026. Ms. Subramanian, who has been associated with Kansai Nerolac Paints Limited since 2021, will also serve as the Nodal Officer, replacing Mr. Govindarajan, and the company’s Key Managerial Personnel, as of December 1, 2026, will include Mr. Pravin D. Chaudhari, Managing Director, Mr. Yash Ahuja, Chief Financial Officer, and Ms. Rukmini Subramanian.

Kansai Nerolac Paints Limited announced that Mr. G. T. Govindarajan will retire as Company Secretary and Compliance Officer effective November 30, 2026, and Ms. Rukmini Subramanian has been appointed to the role, effective December 1, 2026. Ms. Subramanian, who has been associated with Kansai Nerolac Paints Limited since 2021, will also serve as the Nodal Officer, replacing Mr. Govindarajan, and the company’s Key Managerial Personnel will then include Mr. Pravin D. Chaudhari, Managing Director, Mr. Yash Ahuja, Chief Financial Officer, and Ms. Rukmini Subramanian, Company Secretary.

Kansai Nerolac Paints Limited announced that Mr. G. T. Govindarajan will retire as Company Secretary and Compliance Officer effective November 30, 2026, after 37 years with the company, and Ms. Rukmini Subramanian has been appointed as Company Secretary and Compliance Officer, effective December 1, 2026. Ms. Subramanian, who has been associated with Kansai Nerolac Paints Limited since 2021, will also serve as the Nodal Officer, replacing Mr. Govindarajan, and the company’s Key Managerial Personnel, as of December 1, 2026, will include Mr. Pravin D. Chaudhari, Managing Director, Mr. Yash Ahuja, Chief Financial Officer, and Ms. Rukmini Subramanian.

The National Company Law Tribunal (NCLT) has approved a scheme of arrangement merging a Transferor Company into a Transferee Company, with the Transferor Company dissolving and its assets and liabilities transferring to the Transferee Company as of April 1, 2025. The NCLT deemed the scheme fair, reasonable, and compliant with applicable laws, while noting the Transferor Company’s negative net worth. Companies are directed to file the order and scheme with the Registrar of Companies within 30 days and communicate it to relevant statutory authorities, ensuring the protection of creditors and employees, and transferring all tax liabilities and ongoing legal proceedings. The order does not grant exemptions from stamp duty or taxes, and the Income Tax Department retains the right to examine tax obligations.

Kansai Nerolac Paints Limited will hold a board meeting on Wednesday, November 4, 2026, to consider the unaudited standalone and consolidated financial results for the quarter and six months ending September 30, 2026, according to a regulatory filing. The company’s trading window will be closed for designated persons and their immediate relatives from Thursday, October 1, 2026, until Friday, November 6, 2026.

Kansai Nerolac Paints Limited will hold a board meeting on Wednesday, November 4, 2026, to consider the unaudited standalone and consolidated financial results for the quarter and six months ending September 30, 2026, according to a regulatory filing. The company’s trading window will be closed for designated persons and their immediate relatives from Thursday, October 1, 2026, until Friday, November 6, 2026.

Kansai Nerolac Paints Ltd share price declined by 1.15% to Rs 196.85. The Company's net profit surged by 107.85% to Rs 228.41 crore, while revenue from operations increased sharply by 21.49% to Rs 2373.59 crore in Q2FY26 over Q1FY26. The market capitalization of Paints industry group stocks on BSE stood at Rs 3.25 lakh crore, rising by 10.70%. It has improved by 1.49% over last one week and heading higher by 11.51% in last one month while the market capitalization of Kansai Nerolac Paints Ltd has softened by 3.24% and 1.29% in the same period respectively. Profit before tax (PBT) of Kansai Nerolac Paints Ltd stood at Rs 312.46 crore in Q2 FY26, gaining 5.75% year-on-year, and expanding by 97.21% quarter-on-quarter. EBITDA came in at Rs 273 crore, easing 9.14% YoY and surging by 46.37% sequentially. Total expenses advancing by 17.24% to Rs 2108.05 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 1516.48 crore, witnessing a sharp rise of 27.15% YoY, while employee benefits expense was at Rs 138.16 crore, ticking higher by 1.27% YoY. For the TTM ended FY26, revenue from operations inched higher 2.93% to Rs 8051.91 crore, while net profit tanked by 48.09% to Rs 575.84 crore, compared to previous TTM. EBITDA jumped by 82859% to Rs 828.66 crore, and PBT plunged by 46.08% to Rs 796.98 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 894.37 crore in FY26, as against Rs 672.36 crore in FY25. Kansai Nerolac Paints Ltd crashed 19.47% in last one year, underperforming the benchmark BSE Sensex which has slipped by 3.81% during the same period.

Kansai Nerolac Paints has allotted 64,309 equity shares under the Kansai Nerolac Paints Limited - Restricted Stock Units Plan, 2022 on 23 July 2026.

Kansai Nerolac Paints will hold a meeting of the Board of Directors of the Company on 3 August 2026.