- Total income
- ₹9,533 Cr
- Profit
- ₹1,143 Cr
About Kansai Nerolac
Kansai Nerolac is a publicly listed company based in Mumbai (India) founded in 1920 by Katsujiro Iwai. Industrial and decorative paints are manufactured by Kansai Nerolac. It operates in the Chemicals & Materials and Real Estate & Construction sectors. The company has 10,570 employees. Kansai Nerolac has completed 4 acquisitions, including Marpol Ind, Nerofix and Perma Construction Aids. Its website nerolac.com draws about 227 thousand monthly visits. Its Indian entity Kansai Nerolac Paints Limited reported revenue of βΉ9,159 Cr. Kansai Nerolac offers products and services including Interior Wall Paints, Exterior Wall Paints, Wood Coatings, Metal Enamel Paints, and Waterproofing Solutions. Its focus areas include Real Estate and Construction, Building Materials, Construction Materials and Chemicals. Similar companies include Asian Paints, Shalimar Paints and Pidilite.
Company details
Kansai Nerolac was founded in 1920 and is headquartered in Mumbai, India. Operations focus on the paints and coatings sector, where industrial and decorative products are produced. A range of items including wall paints, aluminium paints, cement paints, metal enamel paints, wood paints, and ancillary products is offered. Interior and exterior solutions for various applications are provided across the region.
Kansai Nerolac is ranked #277 on the Fortune India 500 (2025) and #90 on the Fortune MNC 500 India (2026).
Recognitions & Rankings of Kansai Nerolac
- Total income
- ₹9,533 Cr
- Profit
- ₹1,143 Cr
- Headquarters Mumbai, India
- Employees 10,570
- Founders Katsujiro Iwai
- Stage Public
- SectorsChemicals & MaterialsReal Estate & Construction
- Website category Home and Garden · Interior Design
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’β’β’β’ β’β’β’β’
- Website nerolac.com
- Social LinkedIn X Facebook Instagram YouTube
- Legal Name Kansai Nerolac Paints Limited
- Market Cap₹16,257 Cr
KANSAINER · NSE
- Share Price₹206.23
+2.61% today
- Revenue₹9,013 Cr
FY 2025-26 · +2.7% YoY
- EBITDA₹911 Cr
Margin 10.1%
- Net Profit₹579 Cr
FY 2025-26 · -7.4% YoY
- P/E (TTM)24.8x
P/B 2.4x
- ROE8.8%
ROCE 12.0%
- Debt / Equity0.05
Interest cover 4.7x
- Employee Count10,570
- Investments & AcquisitionsMarpol Ind
& 3 more
Associated legal entities of Kansai Nerolac
Kansai Nerolac is associated with 2 registered companies on The Company Check; the primary company is Kansai Nerolac Paints Limited, a listed company. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2026) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Kansai Nerolac Paints Limited Listed CIN L24202MH1920PLC000825 | Active | 02 Sep 1920 | Mumbai, Maharashtra | ₹9,159 Cr | 3,794 | 8 | View details |
| Narula Paints Private Limited CIN U74999DL2010PTC201342 | Active | 09 Apr 2010 | Delhi, Delhi | ₹13.7 Cr | 2 | View details |
Products & Services of Kansai Nerolac
Kansai Nerolac offers a comprehensive portfolio of products and services, including Interior Wall Paints, Exterior Wall Paints, Wood Coatings, Metal Enamel Paints, and Waterproofing Solutions.
Paints for indoor walls providing vibrant finishes.
Durable paints for outdoor weather resistance.
Protective finishes for wood to prevent damage.
Long-lasting paints for metal surfaces.
Products to seal walls against moisture.
Apps and channels of Kansai Nerolac
Kansai Nerolac publishes 1 mobile app with over 500K+ downloads; its YouTube channel Nerolac Paints India has 122K subscribers and 30 videos.
Videos from Kansai Nerolac
The most watched videos on Kansai Nerolac's YouTube channel, Nerolac Paints India (122K subscribers). Click a video to play it here.
More on Nerolac Paints India.
Board of directors of Kansai Nerolac Paints Limited (Kansai Nerolac)
Kansai Nerolac Paints Limited is the primary company behind Kansai Nerolac. The boards of the 2 registered companies of Kansai Nerolac currently have 8 directors; the longest-serving is Vineet Narula, appointed in 2010. 27 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Vineet Narula DIN 02959937 | Whole-time director | 09 Apr 2010 | 16 yrs 7 mo | Narula Paints Private Limited |
| Nidhi Narula DIN 05245808 | Whole-time director | 02 Apr 2012 | 14 yrs 7 mo | Narula Paints Private Limited |
| Sonia Singh DIN 07108778 | Director | 29 Jul 2019 | 7 yrs 3 mo | Kansai Nerolac Paints Limited |
| Takashi Tomioka DIN 08736654 | Director | 07 May 2020 | 6 yrs 6 mo | Kansai Nerolac Paints Limited |
| Bhaskar Bhat DIN 00148778 | Director | 10 Aug 2022 | 4 yrs 3 mo | Kansai Nerolac Paints Limited |
| Pravin Digambar Chaudhari DIN 02171823 | Managing Director | 26 Jun 2023 | 3 yrs 4 mo | Kansai Nerolac Paints Limited |
| Uday Shirish Bhansali DIN 00363902 | Director | 06 Nov 2024 | 2 yrs | Kansai Nerolac Paints Limited |
| Gen Yokota DIN 11084786 | Director | 06 May 2025 | 1 yr 6 mo | Kansai Nerolac Paints Limited |
People of Kansai Nerolac
152 people are tracked at Kansai Nerolac (28 in leadership, 6 in board & advisors, 118 in team); the tracked headcount is 10,570.
| Name | Role | Group |
|---|---|---|
Katsujiro Iwai | Founder | Leadership |
Jason Gonsalves | Director, Corporate Planning, IT & Materials | Leadership |
Madhusudan Garg | Sr Branch Head | Leadership |
Prashant Pai | Director, Finance | Leadership |
Vinayak Bajpai | Distribution Head | Leadership |
Navdeep Sharma | Dy General Manager-central Engineering | Leadership |
Avinash Iyer | Head Of Marketing Communications | Leadership |
Anindita Karmakar | Human Resources Business Partner | Leadership |
Sandeep Singh | Head-gtm & Influencer Marketing | Leadership |
Yash Ahuja | Chief Financial Officer @kansai Nerolac, Director On Board- Nerofix, Kansai Nepal & Bangladesh. | Leadership |
Ameya Khatu | Head Of Influencer Marketing & AID Business | Leadership |
Muthukumar S Iyer | Zonal Head | Leadership |
Niraj Nayan | Business Head | Leadership |
Anil Yadav | Head Of Operations (warehouse & Logistics) | Leadership |
Ganapathy M | Business Head | Leadership |
Vivek Bhatwadekar | Head Of Employee Relations | Leadership |
Gaurav Dutta | Chief manager | Leadership |
Avijit Kumar | General Manager - Procurement And Supply Chain | Leadership |
Akash Chaudhary | Chief Security Officer | Leadership |
Amrit Rekhi | VP, Industrial Sales, Auto, Protective coatings | Leadership |
132 more people are available in the full profile.
Complete people profiles for Kansai Nerolac
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Kansai Nerolac
Kansai Nerolac is a publicly listed company on the NSE with ticker symbol KANSAINER in India, operating in the Process industries sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date15 Sep 2003
- Listed onNSE: KANSAINER
- Listed entityKansai Nerolac Paints Limited
- Exchange sectorProcess industries
- ISININE531A01024
- Share price₹179.28 (-0.13% on the day) · 2026-10-14
- Market capitalisation₹14,515 Cr
- Price to earnings24.2
- EPS (diluted, trailing year)₹7.42
- Dividend yield1.39%
- Volume (last session)144,556
Financials of Kansai Nerolac
Exchange-reported figures of Kansai Nerolac Paints Limited, the listed company behind Kansai Nerolac (NSE: KANSAINER).
Financial Highlights
FY 2025-26 Β· ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 9,013 | 8,773 | 8,757 | 8,521 | 7,214 | 5,756 | 5,280 |
| Revenue growth | +2.7% | +0.2% | +2.8% | +18.1% | +25.3% | +9.0% | - |
| EBITDA | 911 | 942 | 1,028 | 818 | 649 | 863 | 804 |
| EBITDA margin | +10.1% | +10.7% | +11.7% | +9.6% | +9.0% | +15.0% | +15.2% |
| Profit before tax | 797 | 1,478 | 1,561 | 635 | 476 | 712 | 667 |
| Net profit | 579 | 625 | 656 | 468 | 348 | 520 | 514 |
| Net profit margin | +6.4% | +7.1% | +7.5% | +5.5% | +4.8% | +9.0% | +9.7% |
| EPS (βΉ) | 7.29 | 14.14 | 14.66 | 8.79 | 6.66 | 9.83 | 9.67 |
| Balance sheet | |||||||
| Total assets | 7,009 | 6,723 | 5,899 | 4,843 | 4,469 | 4,340 | 4,024 |
| Net worth | 6,714 | 6,423 | 5,583 | 4,534 | 4,132 | 4,053 | 3,760 |
| Total debt | 303 | 296 | 276 | 160 | 203 | 173 | 242 |
| Cash & bank | 226 | 290 | 260 | 127 | 106 | 125 | 192 |
| Net working capital | 1,877 | 2,177 | 2,042 | 1,954 | 1,887 | 1,425 | 1,432 |
| Cash flow | |||||||
| Cash from operations | 894 | 672 | 903 | 408 | 24.77 | 646 | 595 |
| Cash from investing | (383) | (379) | (590) | (227) | 250 | (453) | (375) |
| Cash from financing | (403) | (366) | (249) | (133) | (309) | (274) | (141) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,317 | 2,374 | 1,954 | 1,982 | 1,954 | 2,162 | 1,817 | 1,922 |
| Revenue growth (YoY) | +18.6% | +9.8% | +7.5% | +3.1% | +0.1% | +1.4% | - | - |
| Other income | 35.10 | 54.94 | 29.69 | 35.21 | 28.43 | 52.61 | 37.09 | 671 |
| EBITDA | 224 | 328 | 198 | 195 | 215 | 303 | 166 | 235 |
| EBITDA margin | +9.7% | +13.8% | +10.1% | +9.8% | +11.0% | +14.0% | +9.1% | +12.2% |
| Depreciation | 63.17 | 62.83 | 60.90 | 59.97 | 54.31 | 52.94 | 51.60 | 53.40 |
| Interest | 7.74 | 8.02 | 8.42 | 8.80 | 7.71 | 7.36 | 7.69 | 9.07 |
| Profit before tax | 188 | 312 | 158 | 161 | 182 | 295 | 144 | 844 |
| Tax | 44.29 | 84.05 | 48.55 | 44.36 | 48.36 | 79.87 | 41.09 | 181 |
| Net profit | 144 | 228 | 110 | 117 | 133 | 216 | 102 | 662 |
| EPS (βΉ) | 1.81 | 2.86 | 1.58 | 1.95 | 1.67 | 2.73 | 1.34 | 8.41 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 8,614 | 8,351 | 8,221 | 7,897 | 6,653 | 5,354 | 4,943 |
| Revenue growth | +3.2% | +1.6% | +4.1% | +18.7% | +24.3% | +8.3% | - |
| EBITDA | 914 | 788 | 1,023 | 794 | 636 | 833 | 782 |
| EBITDA margin | +10.6% | +9.4% | +12.4% | +10.1% | +9.6% | +15.6% | +15.8% |
| Profit before tax | 838 | 1,387 | 1,566 | 650 | 505 | 714 | 684 |
| Net profit | 607 | 339 | 666 | 481 | 372 | 529 | 529 |
| Net profit margin | +7.0% | +4.1% | +8.1% | +6.1% | +5.6% | +9.9% | +10.7% |
| EPS (βΉ) | 7.66 | 12.63 | 14.63 | 9.03 | 6.95 | 9.85 | 9.94 |
| Balance sheet | |||||||
| Total assets | 6,930 | 6,558 | 5,822 | 4,748 | 4,302 | 4,176 | 3,850 |
| Net worth | 6,696 | 6,366 | 5,653 | 4,607 | 4,171 | 4,077 | 3,787 |
| Total debt | 217 | 171 | 149 | 119 | 109 | 98.44 | 63.41 |
| Cash & bank | 192 | 260 | 230 | 94.74 | 80.65 | 83.31 | 166 |
| Net working capital | 1,802 | 2,072 | 1,970 | 1,839 | 1,764 | 1,301 | 1,301 |
| Cash flow | |||||||
| Cash from operations | 885 | 647 | 895 | 386 | 59.09 | 655 | 621 |
| Cash from investing | (429) | (372) | (636) | (274) | 251 | (465) | (343) |
| Cash from financing | (358) | (352) | (187) | (88.87) | (324) | (276) | (192) |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,269 | 2,333 | 1,873 | 1,907 | 1,907 | 2,087 | 1,740 | 1,842 |
| Revenue growth (YoY) | +18.9% | +11.8% | +7.6% | +3.5% | +2.3% | +1.8% | - | - |
| Other income | 35.57 | 55.18 | 33.97 | 36.73 | 28.65 | 52.92 | 39.42 | 517 |
| Total expenses | 2,046 | 2,003 | 1,674 | 1,705 | 1,695 | 1,775 | 1,563 | 1,595 |
| EBITDA | 223 | 330 | 199 | 203 | 213 | 312 | 178 | 247 |
| EBITDA margin | +9.8% | +14.1% | +10.6% | +10.6% | +11.2% | +14.9% | +10.2% | +13.4% |
| Depreciation | 61.94 | 61.67 | 59.07 | 58.53 | 52.95 | 51.22 | 49.74 | 51.46 |
| Interest | 4.88 | 4.96 | 5.29 | 5.77 | 4.44 | 3.59 | 3.67 | 4.75 |
| Profit before tax | 192 | 318 | 169 | 175 | 184 | 310 | 164 | 707 |
| Tax | 43.34 | 83.41 | 47.89 | 43.79 | 47.45 | 79.23 | 40.34 | 181 |
Financial Statements
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,317 | 2,374 | 1,954 | 1,982 | 1,954 | 2,162 | 1,817 | 1,922 |
| Revenue growth (YoY) | +18.6% | +9.8% | +7.5% | +3.1% | +0.1% | +1.4% | - | - |
| Other income | 35.10 | 54.94 | 29.69 | 35.21 | 28.43 | 52.61 | 37.09 | 671 |
| EBITDA | 224 | 328 | 198 | 195 | 215 | 303 | 166 | 235 |
| EBITDA margin | +9.7% | +13.8% | +10.1% | +9.8% | +11.0% | +14.0% | +9.1% | +12.2% |
| Depreciation | 63.17 | 62.83 | 60.90 | 59.97 | 54.31 | 52.94 | 51.60 | 53.40 |
| Interest | 7.74 | 8.02 | 8.42 | 8.80 | 7.71 | 7.36 | 7.69 | 9.07 |
| Profit before tax | 188 | 312 | 158 | 161 | 182 | 295 | 144 | 844 |
| Tax | 44.29 | 84.05 | 48.55 | 44.36 | 48.36 | 79.87 | 41.09 | 181 |
| Net profit | 144 | 228 | 110 | 117 | 133 | 216 | 102 | 662 |
| EPS (βΉ) | 1.81 | 2.86 | 1.58 | 1.95 | 1.67 | 2.73 | 1.34 | 8.41 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 9,013 | 8,773 | 8,757 | 8,521 | 7,214 | 5,756 | 5,280 |
| Revenue growth | +2.7% | +0.2% | +2.8% | +18.1% | +25.3% | +9.0% | - |
| Other income | 146 | 769 | 753 | 25.98 | 25.41 | 38.21 | 25.53 |
| Total expenses | 8,101 | 7,831 | 7,729 | 7,703 | 6,564 | 4,892 | 4,476 |
| Employee cost | 542 | 502 | 449 | 377 | 356 | 305 | 310 |
| EBITDA | 911 | 942 | 1,028 | 818 | 649 | 863 | 804 |
| EBITDA margin | +10.1% | +10.7% | +11.7% | +9.6% | +9.0% | +15.0% | +15.2% |
| Depreciation | 228 | 202 | 190 | 180 | 170 | 165 | 142 |
| Interest | 32.29 | 31.25 | 29.21 | 29.00 | 28.59 | 23.74 | 20.91 |
| Profit before tax | 797 | 1,478 | 1,561 | 635 | 476 | 712 | 667 |
| Tax | 221 | 369 | 385 | 166 | 133 | 187 | 151 |
| Net profit | 579 | 625 | 656 | 468 | 348 | 520 | 514 |
| Net profit margin | +6.4% | +7.1% | +7.5% | +5.5% | +4.8% | +9.0% | +9.7% |
| EPS (βΉ) | 7.29 | 14.14 | 14.66 | 8.79 | 6.66 | 9.83 | 9.67 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 80.87 | 80.84 | 80.84 | 53.89 | 53.89 | 53.89 | 53.89 |
| Reserves & surplus | 6,633 | 6,342 | 5,502 | 4,480 | 4,078 | 3,999 | 3,706 |
| Shareholders' funds (net worth) | 6,714 | 6,423 | 5,583 | 4,534 | 4,132 | 4,053 | 3,760 |
| Minority interest | (24.93) | (18.70) | 16.04 | 26.71 | 19.29 | 36.28 | 21.68 |
| Secured loans | 82.68 | 118 | 121 | 0.00 | 0.00 | 0.00 | 137 |
| Unsecured loans | 220 | 179 | 156 | 160 | 203 | 173 | 105 |
| Total debt | 303 | 296 | 276 | 160 | 203 | 173 | 242 |
| Total liabilities | 7,009 | 6,723 | 5,899 | 4,843 | 4,469 | 4,340 | 4,024 |
| Assets | |||||||
| Gross block | 4,362 | 4,012 | 3,778 | 3,545 | 3,274 | 3,042 | 2,897 |
| Net block | 2,404 | 2,246 | 2,182 | 2,108 | 1,996 | 1,912 | 1,906 |
| Capital work in progress | 175 | 226 | 153 | 113 | 225 | 207 | 169 |
| Investments | 2,365 | 1,850 | 1,327 | 501 | 211 | 669 | 306 |
| Inventories | 1,530 | 1,665 | 1,687 | 1,729 | 1,630 | 1,198 | 1,008 |
| Sundry debtors | 1,467 | 1,357 | 1,335 | 1,238 | 1,093 | 956 | 787 |
| Cash & bank balances | 226 | 290 | 260 | 127 | 106 | 125 | 192 |
| Loans & advances | 189 | 194 | 144 | 211 | 192 | 231 | 196 |
| Total current assets | 3,412 | 3,506 | 3,426 | 3,305 | 3,021 | 2,510 | 2,183 |
| Total current liabilities | 1,535 | 1,330 | 1,385 | 1,351 | 1,134 | 1,085 | 751 |
| Net working capital | 1,877 | 2,177 | 2,042 | 1,954 | 1,887 | 1,425 | 1,432 |
| Total assets | 7,009 | 6,723 | 5,899 | 4,843 | 4,469 | 4,340 | 4,024 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 29.60 | 102 | 37.57 | (11.17) | 23.83 | 105 | 25.96 |
| Net cash from operating activities | 894 | 672 | 903 | 408 | 24.77 | 646 | 595 |
| Net cash from investing activities | (383) | (379) | (590) | (227) | 250 | (453) | (375) |
| Net cash from financing activities | (403) | (366) | (249) | (133) | (309) | (274) | (141) |
| Net change in cash | 108 | (72.38) | 64.41 | 48.74 | (35.00) | (81.13) | 79.00 |
| Closing cash | 226 | 290 | 260 | 127 | 106 | 125 | 192 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +2.7% | +0.2% | +2.8% | +18.1% | +25.3% | +9.0% | - |
| EBITDA growth | -3.3% | -8.3% | +25.6% | +26.0% | -24.8% | +7.3% | - |
| PBT growth | -46.1% | -5.3% | +145.9% | +33.3% | -33.1% | +6.8% | -4.3% |
| Net income growth | -7.4% | -4.8% | +40.2% | +34.4% | -33.1% | +1.2% | - |
| Revenue CAGR (3Y) | +1.9% | +6.7% | +15.0% | +17.3% | +10.0% | +7.3% | +5.7% |
| EBITDA CAGR (3Y) | +3.7% | +13.2% | +6.0% | +0.6% | -4.8% | +2.8% | +2.9% |
| Profitability & leverage | |||||||
| Net income margin | +6.4% | +12.6% | +13.4% | +5.5% | +4.8% | +9.1% | +9.8% |
| Return on capital employed | +12.0% | +13.0% | +16.6% | +14.3% | +11.5% | +17.8% | +18.3% |
| Return on net worth | +8.8% | +4.1% | +12.8% | +10.8% | +8.4% | +13.5% | +14.4% |
| Debt / equity | 0.05 | 0.05 | 0.04 | 0.04 | 0.05 | 0.04 | 0.05 |
| Long-term debt / equity | 0.03 | 0.03 | 0.01 | 0.00 | 0.00 | 0.01 | 0.01 |
| Interest cover | 4.73 | 4.22 | 3.49 | 4.55 | 5.96 | 3.40 | 3.16 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.15 | 2.25 | 2.39 | 2.50 | 2.28 | 1.94 | 2.03 |
| Inventory turnover | 5.64 | 5.23 | 5.13 | 5.07 | 5.10 | 5.22 | 4.98 |
| Debtors turnover | 6.38 | 6.52 | 6.81 | 7.31 | 7.04 | 6.60 | 6.85 |
| EPS (βΉ) | 7.29 | 14.14 | 14.66 | 8.79 | 6.66 | 9.83 | 9.67 |
| Dividend per share (βΉ) | 3.75 | 3.75 | 3.75 | 2.70 | 2.25 | 5.25 | 3.15 |
| Book value per share (βΉ) | 83.02 | 79.46 | 69.06 | 84.13 | 76.68 | 75.21 | 69.78 |
| Particulars | Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 2,269 | 2,333 | 1,873 | 1,907 | 1,907 | 2,087 | 1,740 | 1,842 |
| Revenue growth (YoY) | +18.9% | +11.8% | +7.6% | +3.5% | +2.3% | +1.8% | - | - |
| Other income | 35.57 | 55.18 | 33.97 | 36.73 | 28.65 | 52.92 | 39.42 | 517 |
| Total expenses | 2,046 | 2,003 | 1,674 | 1,705 | 1,695 | 1,775 | 1,563 | 1,595 |
| EBITDA | 223 | 330 | 199 | 203 | 213 | 312 | 178 | 247 |
| EBITDA margin | +9.8% | +14.1% | +10.6% | +10.6% | +11.2% | +14.9% | +10.2% | +13.4% |
| Depreciation | 61.94 | 61.67 | 59.07 | 58.53 | 52.95 | 51.22 | 49.74 | 51.46 |
| Interest | 4.88 | 4.96 | 5.29 | 5.77 | 4.44 | 3.59 | 3.67 | 4.75 |
| Profit before tax | 192 | 318 | 169 | 175 | 184 | 310 | 164 | 707 |
| Tax | 43.34 | 83.41 | 47.89 | 43.79 | 47.45 | 79.23 | 40.34 | 181 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 8,614 | 8,351 | 8,221 | 7,897 | 6,653 | 5,354 | 4,943 |
| Revenue growth | +3.2% | +1.6% | +4.1% | +18.7% | +24.3% | +8.3% | - |
| Other income | 164 | 808 | 735 | 30.83 | 32.86 | 38.85 | 26.86 |
| Total expenses | 7,700 | 7,563 | 7,198 | 7,103 | 6,017 | 4,521 | 4,162 |
| Employee cost | 490 | 447 | 402 | 334 | 312 | 269 | 269 |
| EBITDA | 914 | 788 | 1,023 | 794 | 636 | 833 | 782 |
| EBITDA margin | +10.6% | +9.4% | +12.4% | +10.1% | +9.6% | +15.6% | +15.8% |
| Depreciation | 221 | 194 | 180 | 165 | 154 | 149 | 120 |
| Interest | 18.41 | 15.09 | 12.46 | 9.73 | 9.87 | 8.48 | 5.00 |
| Profit before tax | 838 | 1,387 | 1,566 | 650 | 505 | 714 | 684 |
| Tax | 218 | 365 | 383 | 164 | 131 | 183 | 148 |
| Net profit | 607 | 339 | 666 | 481 | 372 | 529 | 529 |
| Net profit margin | +7.0% | +4.1% | +8.1% | +6.1% | +5.6% | +9.9% | +10.7% |
| EPS (βΉ) | 7.66 | 12.63 | 14.63 | 9.03 | 6.95 | 9.85 | 9.94 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 80.87 | 80.84 | 80.84 | 53.89 | 53.89 | 53.89 | 53.89 |
| Reserves & surplus | 6,615 | 6,285 | 5,572 | 4,553 | 4,117 | 4,023 | 3,733 |
| Shareholders' funds (net worth) | 6,696 | 6,366 | 5,653 | 4,607 | 4,171 | 4,077 | 3,787 |
| Secured loans | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Unsecured loans | 217 | 171 | 149 | 119 | 109 | 98.44 | 63.41 |
| Total debt | 217 | 171 | 149 | 119 | 109 | 98.44 | 63.41 |
| Total liabilities | 6,930 | 6,558 | 5,822 | 4,748 | 4,302 | 4,176 | 3,850 |
| Assets | |||||||
| Gross block | 4,194 | 3,829 | 3,579 | 3,351 | 3,083 | 2,849 | 2,618 |
| Net block | 2,333 | 2,160 | 2,074 | 1,995 | 1,876 | 1,777 | 1,709 |
| Capital work in progress | 174 | 226 | 152 | 113 | 224 | 206 | 164 |
| Investments | 2,422 | 1,907 | 1,459 | 653 | 300 | 770 | 455 |
| Inventories | 1,493 | 1,610 | 1,616 | 1,648 | 1,532 | 1,112 | 930 |
| Sundry debtors | 1,380 | 1,275 | 1,215 | 1,117 | 965 | 846 | 674 |
| Cash & bank balances | 192 | 260 | 230 | 94.74 | 80.65 | 83.31 | 166 |
| Loans & advances | 188 | 183 | 194 | 204 | 184 | 225 | 187 |
| Total current assets | 3,253 | 3,328 | 3,255 | 3,064 | 2,762 | 2,267 | 1,958 |
| Total current liabilities | 1,452 | 1,256 | 1,285 | 1,225 | 998 | 966 | 657 |
| Net working capital | 1,802 | 2,072 | 1,970 | 1,839 | 1,764 | 1,301 | 1,301 |
| Total assets | 6,930 | 6,558 | 5,822 | 4,748 | 4,302 | 4,176 | 3,850 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 85.72 | 162 | 90.22 | 66.44 | 80.30 | 166 | 78.04 |
| Net cash from operating activities | 885 | 647 | 895 | 386 | 59.09 | 655 | 621 |
| Net cash from investing activities | (429) | (372) | (636) | (274) | 251 | (465) | (343) |
| Net cash from financing activities | (358) | (352) | (187) | (88.87) | (324) | (276) | (192) |
| Net change in cash | 98.40 | (76.65) | 72.15 | 23.78 | (13.86) | (86.19) | 85.57 |
| Closing cash | 192 | 260 | 230 | 94.74 | 80.65 | 83.31 | 166 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +3.2% | +1.6% | +4.1% | +18.7% | +24.3% | +8.3% | - |
| EBITDA growth | +16.0% | -23.0% | +28.8% | +24.8% | -23.6% | +6.5% | - |
| PBT growth | -39.6% | -11.5% | +140.8% | +28.8% | -29.3% | +4.5% | -4.2% |
| Net income growth | +78.8% | -49.1% | +38.6% | +29.2% | -29.7% | +0.2% | - |
| Revenue CAGR (3Y) | +2.9% | +7.9% | +15.4% | +16.9% | +8.7% | +5.3% | +3.9% |
| EBITDA CAGR (3Y) | +4.8% | +7.4% | +7.1% | +0.5% | -5.0% | +1.8% | +2.3% |
| Profitability & leverage | |||||||
| Net income margin | +7.2% | +12.2% | +14.4% | +6.2% | +5.6% | +9.9% | +10.8% |
| Return on capital employed | +12.7% | +13.9% | +16.9% | +14.6% | +12.2% | +18.0% | +18.9% |
| Return on net worth | +9.5% | +10.4% | +13.0% | +11.1% | +9.1% | +13.5% | +14.9% |
| Debt / equity | 0.03 | 0.03 | 0.03 | 0.03 | 0.03 | 0.02 | 0.01 |
| Long-term debt / equity | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 |
| Interest cover | 2.66 | 2.54 | 1.48 | 1.55 | 2.05 | 1.24 | 0.76 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.15 | 2.25 | 2.37 | 2.45 | 2.24 | 1.96 | 2.09 |
| Inventory turnover | 5.55 | 5.18 | 5.04 | 4.97 | 5.03 | 5.24 | 4.99 |
| Debtors turnover | 6.49 | 6.71 | 7.05 | 7.58 | 7.34 | 7.04 | 7.33 |
| EPS (βΉ) | 7.66 | 12.63 | 14.63 | 9.03 | 6.95 | 9.85 | 9.94 |
| Dividend per share (βΉ) | 3.75 | 3.75 | 3.75 | 2.70 | 2.25 | 5.25 | 3.15 |
| Book value per share (βΉ) | 82.80 | 78.75 | 69.93 | 85.50 | 77.40 | 75.65 | 70.27 |
Investments & Acquisitions by Kansai Nerolac
Kansai Nerolac has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include Marpol Ind, Nerofix and Perma Construction Aids.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Adhesives and construction chemicals are manufactured and distributed by Nerofix. | nerofixindia.com | Navi Mumbai, India | 2019 | Jan 2020 | β’β’β’β’ | |
Waterproofing chemicals, powders, tile adhesives, and coatings are manufactured. | permaindia.com | Mumbai, India | 1996 | Dec 2018 | $4.15M | |
Solvent-based and water-based paints are provided by RAK Paints. | rakpaintsbd.com | Dhaka, Bangladesh | 2009 | Jun 2018 | $6.72M | |
Powder coatings are manufactured by Marpol in India since 1983. | marpolind.com | Margao, India | 1983 | Apr 2018 | $5.54M |
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Timeline of Kansai Nerolac
6 dated milestones of Kansai Nerolac across 100 years, from founding to its latest funding, stage changes and deals.
- Founded Kansai Nerolac is founded.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Marpol Ind.
- Acquisition Acquires RAK Paints.
- Acquisition Acquires Perma Construction Aids.
- Acquisition Acquires Nerofix.
Similar companies to Kansai Nerolac
Kansai Nerolac has 3 listed similar companies in our database. They include Asian Paints, Shalimar Paints and Pidilite.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| asianpaints.com | 1942 | Mumbai, India | 9,482 | Industrial and decorative paints are manufactured along with related solutions. | ||
| shalimarpaints.com | 1902 | Delhi, India | 175 | Protective coatings are manufactured for industrial applications in India. | ||
| pidilite.com | 1959 | Mumbai, India | 58 | Adhesives and sealants are manufactured by Pidilite in India. |
Detailed similar companies of Kansai Nerolac
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Web traffic of Kansai Nerolac
The website of Kansai Nerolac (nerolac.com) receives about 226.8K visits a month and ranks #252,075 among all websites worldwide, #3,751 in Interior Design.
- Monthly visits226.8K
▲ 38.8% vs previous month
- Unique visitors89.9K
per month
- Global rank#252,075
among all websites
- Category rank#3,751
Home and Garden · Interior Design
- Bounce rate37%
- Pages per visit2.3
- Average visit45 sec
- DevicesDesktop 20% Β· Mobile 80%
Websites whose visitors overlap most with Kansai Nerolac. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bergerpaints.com | 100% | 592.3K | #82,961 | View details | |
| asianpaints.com | 98% | 3.9M | #13,411 | View details | |
| indigopaints.com | 64% | 83.6K | #403,220 | View details | |
| aapkapainter.com | 62% | 131.6K | #279,004 | View details | |
| britishpaints.in | 62% | 11.3K | #1,895,829 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Kansai Nerolac
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Top companies in Paints, Coatings & Surface Treatments
3 companies that operate in the same segment as Kansai Nerolac (Paints, Coatings & Surface Treatments) in India, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Manufacturer of paints | 2000 | Pune, Maharashtra, India | USD 23.11 M | USD 149.43 M | 1,213 | |
Industrial and decorative paints are manufactured along with related solutions. | 1942 | Mumbai, Maharashtra, India | USD 3.87 B | 10 | ||
Protective coatings are manufactured for industrial applications in India. | 1902 | Delhi, Delhi, India | USD 61.39 M | 1,100 |
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Related news about Kansai Nerolac
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Frequently Asked Questions about Kansai Nerolac
Kansai Nerolac was founded in 1920.
Kansai Nerolac is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.
Kansai Nerolac has 10,570 employees.
The primary company behind Kansai Nerolac, Kansai Nerolac Paints Limited, reported revenue of βΉ9,159 Cr for FY 2026, up 3% year on year.
Kansai Nerolac was founded in 1920 and is headquartered in Mumbai, India. Operations focus on the paints and coatings sector, where industrial and decorative products are produced. A range of items including wall paints, aluminium paints, cement paints, metal enamel paints, wood paints, and ancillary products is offered. Interior and exterior solutions for various applications are provided across the region.
Kansai Nerolac's top competitors include Asian Paints, Shalimar Paints and Pidilite.
Kansai Nerolac offers Interior Wall Paints, Exterior Wall Paints, Wood Coatings, Metal Enamel Paints, and Waterproofing Solutions.
Yes, Kansai Nerolac is publicly traded on NSE under the ticker symbol KANSAINER.
Kansai Nerolac has made 4 acquisitions, including Marpol Ind, Nerofix, and Perma Construction Aids.
Kansai Nerolac is associated with 2 legal entities: Kansai Nerolac Paints Limited, Narula Paints Private Limited.
The legal entities of Kansai Nerolac currently have 10 directors, including Vineet Narula, Nidhi Narula, Bhaskar Bhat and others.
Yes. Kansai Nerolac publishes Nerolac - Colour My Space, with over 500,000 downloads.

