About Kansai Nerolac Paints Limited
Data last updated: 22 December 2025
Kansai Nerolac Paints Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Kansai Paint Co., Ltd., Japan. It specialises in paint and coatings, a part of the broader manufacturing sector. Incorporated on 02 September 1920, the company has been in operation for over 106 years.
Registered with ROC Mumbai under CIN L24202MH1920PLC000825. Listed on BSE: 500165 and NSE: KANSAINER.
Capital: an authorised share capital of ₹85 Cr and a paid-up capital of ₹80.85 Cr. Formerly known as The Gahagan Paint & Varnish Company Limited and Goodlass Nerolac Paints Limited. It is led by directors including Takashi Tomioka and Uday Shirish Bhansali.
Last AGM: 30 June 2025. Financial statements filed for year ended 31 March 2025. Office: Mumbai, Maharashtra.
As per the financials filed for FY 2024, the company reported a revenue of ₹7,486.41 Cr, a decline of 1% compared to the previous year.
The company has a workforce of approximately 3,794 employees as per the latest available data. It operates as a subsidiary of Kansai Paint Co., Ltd., Japan. Its group structure includes 1 subsidiary.
The company is associated with 2 brands - Rak Paints, Kansai Nerolac. As per MCA filings, the company has satisfied charges of ₹189.34 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website nerolac.com.
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Email*****@*****.com
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Telephone+91-****-******
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Website
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Social Media
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Registered Address28Th Floor A – Wing Marathon Futurex, N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
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IndustryManufacturing, Paint & Coatings
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
Name History of Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited has undergone 2 name changes throughout its history. The company was previously known as The Gahagan Paint & Varnish Company Limited, and Goodlass Nerolac Paints Limited. The current legal name is Kansai Nerolac Paints Limited, reflecting the company's evolution and rebranding over time.
| Company Name | Status |
|---|---|
| Kansai Nerolac Paints Limited | Current |
| The Gahagan Paint & Varnish Company Limited | Previous |
| Goodlass Nerolac Paints Limited | Previous |
Associated Brands with Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited operates two associated brands: RAK Paints and Kansai Nerolac. These brands represent Kansai Nerolac Paints Limited's diversified market presence and brand portfolio.
| Brand | Description | Website |
|---|---|---|
| Solvent-based and water-based paints are provided by RAK Paints. | rakpaintsbd.com | |
| Industrial and decorative paints are manufactured by Kansai Nerolac. | nerolac.com |
Competitors & Alternatives of Kansai Nerolac Paints Limited
Brands and companies operating in the same space as Kansai Nerolac Paints Limited include Asian Paints, Shalimar Paints, Mapei and 6 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
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Industrial and decorative paints are manufactured along with related solutions. | Mumbai, India, India | 1942 |
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Protective coatings are manufactured for industrial applications in India. | Delhi, India, India | 1902 |
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Chemical products including adhesives and sealants for construction are manufactured. | Milan, Italy, Italy | 1937 |
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Industrial adhesives are manufactured by Bostik for diverse applications. | Paris, France, France | 1889 |
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Electroplating chemicals, paints, and equipment are manufactured by the company. | Mumbai, India, India | 1957 |
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Chemical products are manufactured and distributed by Wanhua Chemical Group. | Yantai, China, China | 1998 |
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Adhesives and sealants are manufactured by Pidilite in India. | Mumbai, India, India | 1959 |
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Adhesives, sealants, and chemicals for construction applications are manufactured. | Dubai, United Arab Emirates, United Arab Emirates | 1972 |
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Construction chemicals are supplied for building and roofing applications. | Goole, United Kingdom, United Kingdom | 1997 |
Business Activity of Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited is engaged in the principal business activity of manufacturing, with detailed activities including other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C13 | Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities | ********* |
Auditor Details of Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited is audited by S R B C & CO LLP (ICAI peer reviewed, certificate valid till 2029-02-28) for the financial year 2026, as reported in its NSE exchange filings. The statutory auditor is responsible for expressing an independent opinion on whether the financial statements present a true and fair view in accordance with applicable accounting standards.
| Name | Financial year | Audit opinion |
|---|---|---|
| S R B C & CO LLP (ICAI peer reviewed, certificate valid till 2029-02-28) | FY 2026 | Declaration of unmodified opinion |
Board of Directors of Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited is currently managed by 13 directors, with 28 former directors having served the organization. The current Directors play a crucial role in shaping the company's strategic direction and governance.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Takashi Tomioka | Director | 07 May 2020 | 6 Years 2 Months | Current |
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Uday Shirish Bhansali
Also directs:
Escondido Holdings Llp, Idfc First Bank Limited, Vakil And Sons Private Limited and 2 more
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Director | 06 Nov 2024 | 1 Years 8 Months | Current |
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Yash Ahuja
Also directs:
Nerofix Private Limited
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Cfo | 01 Aug 2025 | 0 Years 11 Months | Current |
| Bhaskar Bhat | Director | 10 Aug 2022 | 3 Years 10 Months | Current |
| Gomatam Thirumalai Govindarajan | Nodal Officer | 03 Sep 2019 | 6 Years 10 Months | Current |
| Pravin Digambar Chaudhari | Managing Director | 26 Jun 2023 | 3 Years 0 Months | Current |
Financials of Kansai Nerolac Paints Limited FY 2026 filings available
Kansai Nerolac Paints Limited reported revenue of ₹8,051.91 Cr (up 2.93% YoY) for FY 2026. Profit growth despite declining revenue indicates effective cost management and margin discipline.
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹8,051.91 Cr | ₹7,822.97 Cr | ₹7,801.44 Cr | ₹7,542.73 Cr | ₹6,369.35 Cr | ₹5,074.25 Cr | ₹5,279.97 Cr |
| Other Income | ₹145.94 Cr | ₹139.15 Cr | ₹91.88 Cr | ₹25.98 Cr | ₹25.41 Cr | ₹38.21 Cr | ₹25.53 Cr |
| Total Income | ₹8,197.85 Cr | ₹7,962.12 Cr | ₹7,893.32 Cr | ₹7,568.71 Cr | ₹6,394.76 Cr | ₹5,112.46 Cr | ₹5,305.5 Cr |
| Cost of Materials Consumed | ₹4,581.64 Cr | ₹4,572.15 Cr | ₹4,556.34 Cr | ₹4,888.68 Cr | ₹4,318.57 Cr | ₹2,935.79 Cr | ₹2,921.96 Cr |
| Purchases of Stock-in-Trade | ₹508.24 Cr | ₹488.37 Cr | ₹486.99 Cr | ₹470.36 Cr | ₹401.54 Cr | ₹317.21 Cr | ₹287.73 Cr |
| Changes in Inventories | ₹106.72 Cr | ₹8.8 Cr | ₹78 Lakh | -₹94.76 Cr | -₹292.81 Cr | -₹106.47 Cr | ₹48.92 Cr |
| Employee Benefit Expense | ₹542.14 Cr | ₹501.89 Cr | ₹448.62 Cr | ₹377.05 Cr | ₹355.58 Cr | ₹304.68 Cr | ₹310.37 Cr |
| Finance Costs | ₹32.29 Cr | ₹31.25 Cr | ₹29.21 Cr | ₹29 Cr | ₹28.59 Cr | ₹23.74 Cr | ₹20.91 Cr |
| Depreciation & Amortisation | ₹228.12 Cr | ₹201.7 Cr | ₹190.46 Cr | ₹180.08 Cr | ₹169.77 Cr | ₹165.3 Cr | ₹142.12 Cr |
| Other Expenses | ₹1,338.57 Cr | ₹1,309.44 Cr | ₹1,280.96 Cr | ₹1,083.41 Cr | ₹937.11 Cr | ₹759.76 Cr | ₹906.53 Cr |
| Total Expenses | ₹7,337.72 Cr | ₹7,113.6 Cr | ₹6,993.36 Cr | ₹6,933.82 Cr | ₹5,918.35 Cr | ₹4,400.01 Cr | ₹4,638.54 Cr |
| Profit Before Exceptional Items & Tax | ₹860.13 Cr | ₹848.52 Cr | ₹899.96 Cr | ₹634.89 Cr | ₹476.41 Cr | ₹712.45 Cr | ₹666.96 Cr |
| Exceptional Items | -₹63.15 Cr | ₹629.51 Cr | ₹661.25 Cr | ₹0 | ₹0 | ₹0 | ₹0 |
| Profit Before Tax | ₹796.98 Cr | ₹1,478.03 Cr | ₹1,561.21 Cr | ₹634.89 Cr | ₹476.41 Cr | ₹712.45 Cr | ₹666.96 Cr |
| Total Tax Expense | ₹221.14 Cr | ₹368.7 Cr | ₹385.35 Cr | ₹166.42 Cr | ₹133.26 Cr | ₹186.73 Cr | ₹151.18 Cr |
| Net Profit | ₹575.84 Cr | ₹1,109.33 Cr | ₹1,175.86 Cr | ₹468.47 Cr | ₹343.15 Cr | ₹525.72 Cr | ₹515.78 Cr |
| attributable to Owners | ₹589.47 Cr | ₹1,142.95 Cr | ₹1,185.44 Cr | ₹473.58 Cr | ₹358.86 Cr | ₹529.74 Cr | ₹521.01 Cr |
| attributable to NCI | -₹13.63 Cr | -₹33.62 Cr | -₹9.58 Cr | -₹5.11 Cr | -₹15.71 Cr | -₹4.02 Cr | -₹5.23 Cr |
| Other Comprehensive Income | -₹92 Lakh | ₹2.48 Cr | -₹3.82 Cr | ₹10.15 Cr | ₹3.21 Cr | -₹9 Lakh | -₹5.23 Cr |
| Total Comprehensive Income | ₹574.92 Cr | ₹1,111.81 Cr | ₹1,172.04 Cr | ₹478.62 Cr | ₹346.36 Cr | ₹525.63 Cr | ₹510.55 Cr |
| EBITDA (computed) | ₹1,120.54 Cr | ₹1,081.47 Cr | ₹1,119.63 Cr | ₹843.97 Cr | ₹674.77 Cr | ₹901.49 Cr | ₹829.99 Cr |
| Basic EPS | ₹7.29 | ₹14.14 | ₹14.66 | ₹8.79 | ₹6.66 | ₹9.83 | ₹9.67 |
| Diluted EPS | ₹7.28 | ₹14.12 | ₹14.65 | ₹8.78 | ₹6.66 | ₹9.83 | ₹9.67 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹8,711.11 Cr | ₹8,217.03 Cr | ₹7,409.72 Cr | ₹6,306.36 Cr |
| Non-current Assets | ₹2,937.44 Cr | ₹2,864.73 Cr | ₹2,473.03 Cr | ₹2,329.41 Cr |
| Current Assets | ₹5,773.67 Cr | ₹5,352.3 Cr | ₹4,936.64 Cr | ₹3,976.9 Cr |
| Property, Plant & Equipment | ₹2,085.68 Cr | ₹2,007.06 Cr | ₹1,940.59 Cr | ₹1,888.24 Cr |
| Inventories | ₹1,530.17 Cr | ₹1,665.07 Cr | ₹1,687.46 Cr | ₹1,729.13 Cr |
| Trade Receivables | ₹1,467.36 Cr | ₹1,356.7 Cr | ₹1,334.88 Cr | ₹1,237.91 Cr |
| Cash & Equivalents | ₹196.79 Cr | ₹94 Cr | ₹172.23 Cr | ₹104.61 Cr |
| Equity (Net Worth) | ₹6,688.85 Cr | ₹6,404.46 Cr | ₹5,598.6 Cr | ₹4,560.41 Cr |
| Equity Share Capital | ₹80.87 Cr | ₹80.84 Cr | ₹80.84 Cr | ₹53.89 Cr |
| Borrowings (Non-current) | ₹8.68 Cr | ₹30 Cr | ₹15 Cr | ₹4.69 Cr |
| Borrowings (Current) | ₹74 Cr | ₹87.82 Cr | ₹105.7 Cr | ₹155.3 Cr |
| Total Debt (computed) | ₹82.68 Cr | ₹117.82 Cr | ₹120.7 Cr | ₹159.99 Cr |
| Current Liabilities | ₹1,657.15 Cr | ₹1,450.6 Cr | ₹1,520.56 Cr | ₹1,506.65 Cr |
| Total Liabilities | ₹2,022.26 Cr | ₹1,812.57 Cr | ₹1,811.12 Cr | ₹1,745.95 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹894.37 Cr | ₹672.36 Cr | ₹903.01 Cr | ₹408.25 Cr | ₹24.77 Cr |
| Investing Cash Flow | -₹382.65 Cr | -₹378.62 Cr | -₹589.76 Cr | -₹226.91 Cr | ₹249.54 Cr |
| Financing Cash Flow | -₹403.3 Cr | -₹366.12 Cr | -₹248.84 Cr | -₹132.6 Cr | -₹309.31 Cr |
| Capital Expenditure | ₹213.12 Cr | ₹326.3 Cr | ₹237 Cr | ₹123.17 Cr | ₹219.01 Cr |
| Free Cash Flow (computed) | ₹681.25 Cr | ₹346.06 Cr | ₹666.01 Cr | ₹285.08 Cr | -₹194.24 Cr |
| Dividends Paid | ₹303.18 Cr | ₹303.14 Cr | ₹145.51 Cr | ₹55.18 Cr | ₹284.04 Cr |
| Net Change in Cash | ₹108.42 Cr | -₹72.38 Cr | ₹65.39 Cr | ₹48.74 Cr | -₹35 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,953.71 Cr | ₹1,981.99 Cr | ₹1,954.18 Cr | ₹2,162.03 Cr | ₹1,816.65 Cr | ₹1,921.89 Cr | ₹1,951.37 Cr | ₹2,133.06 Cr | ₹1,769.39 Cr | ₹1,918.71 Cr | ₹1,956.54 Cr | ₹2,156.8 Cr |
| Other Income | ₹29.69 Cr | ₹35.21 Cr | ₹28.43 Cr | ₹52.61 Cr | ₹37.09 Cr | ₹41.53 Cr | ₹26.7 Cr | ₹33.83 Cr | ₹32.53 Cr | ₹20.13 Cr | ₹22.02 Cr | ₹17.2 Cr |
| Total Income | ₹1,983.4 Cr | ₹2,017.2 Cr | ₹1,982.61 Cr | ₹2,214.64 Cr | ₹1,853.74 Cr | ₹1,963.42 Cr | ₹1,978.07 Cr | ₹2,166.89 Cr | ₹1,801.92 Cr | ₹1,938.84 Cr | ₹1,978.56 Cr | ₹2,174 Cr |
| Cost of Materials Consumed | ₹1,192.7 Cr | ₹1,081.92 Cr | ₹1,131.02 Cr | ₹1,176 Cr | ₹1,099.47 Cr | ₹1,099.86 Cr | ₹1,228.84 Cr | ₹1,143.98 Cr | ₹1,104.03 Cr | ₹1,116.11 Cr | ₹1,204.38 Cr | ₹1,131.82 Cr |
| Purchases of Stock-in-Trade | ₹125.96 Cr | ₹120.09 Cr | ₹125.46 Cr | ₹136.73 Cr | ₹117.46 Cr | ₹138.93 Cr | ₹109.67 Cr | ₹122.31 Cr | ₹124.19 Cr | ₹130.13 Cr | ₹108.15 Cr | ₹124.52 Cr |
| Changes in Inventories | -₹44.73 Cr | ₹72.54 Cr | ₹9.57 Cr | ₹69.34 Cr | -₹28.38 Cr | ₹5.83 Cr | -₹50.07 Cr | ₹81.42 Cr | -₹66.76 Cr | -₹19.68 Cr | -₹52.51 Cr | ₹139.73 Cr |
| Employee Benefit Expense | ₹136.43 Cr | ₹134.52 Cr | ₹137.42 Cr | ₹133.77 Cr | ₹131.45 Cr | ₹121.34 Cr | ₹124.57 Cr | ₹124.53 Cr | ₹115.78 Cr | ₹117.14 Cr | ₹108.51 Cr | ₹107.19 Cr |
| Finance Costs | ₹8.42 Cr | ₹8.8 Cr | ₹7.71 Cr | ₹7.36 Cr | ₹7.69 Cr | ₹9.07 Cr | ₹7.28 Cr | ₹7.21 Cr | ₹7.02 Cr | ₹7.47 Cr | ₹7.6 Cr | ₹7.12 Cr |
| Depreciation & Amortisation | ₹60.9 Cr | ₹59.97 Cr | ₹54.31 Cr | ₹52.94 Cr | ₹51.6 Cr | ₹53.4 Cr | ₹48.56 Cr | ₹48.14 Cr | ₹47.96 Cr | ₹48.43 Cr | ₹47.39 Cr | ₹46.68 Cr |
| Other Expenses | ₹326.85 Cr | ₹333.23 Cr | ₹335.45 Cr | ₹343.04 Cr | ₹330.93 Cr | ₹320.85 Cr | ₹326.45 Cr | ₹331.21 Cr | ₹313.14 Cr | ₹331.01 Cr | ₹314.77 Cr | ₹322.04 Cr |
| Total Expenses | ₹1,806.53 Cr | ₹1,811.07 Cr | ₹1,800.94 Cr | ₹1,919.18 Cr | ₹1,710.22 Cr | ₹1,749.28 Cr | ₹1,795.3 Cr | ₹1,858.8 Cr | ₹1,645.36 Cr | ₹1,730.61 Cr | ₹1,738.29 Cr | ₹1,879.1 Cr |
| Profit Before Exceptional Items & Tax | ₹176.87 Cr | ₹206.13 Cr | ₹181.67 Cr | ₹295.46 Cr | ₹143.52 Cr | ₹214.14 Cr | ₹182.77 Cr | ₹308.09 Cr | ₹156.56 Cr | ₹208.23 Cr | ₹240.27 Cr | ₹294.9 Cr |
| Exceptional Items | -₹18.43 Cr | -₹44.72 Cr | ₹0 | ₹0 | ₹0 | ₹629.51 Cr | ₹0 | ₹0 | ₹0 | ₹0 | ₹0 | ₹661.25 Cr |
| Profit Before Tax | ₹158.44 Cr | ₹161.41 Cr | ₹181.67 Cr | ₹295.46 Cr | ₹143.52 Cr | ₹843.65 Cr | ₹182.77 Cr | ₹308.09 Cr | ₹156.56 Cr | ₹208.23 Cr | ₹240.27 Cr | ₹956.15 Cr |
| Total Tax Expense | ₹48.55 Cr | ₹44.36 Cr | ₹48.36 Cr | ₹79.87 Cr | ₹41.09 Cr | ₹181.38 Cr | ₹63.01 Cr | ₹83.22 Cr | ₹42.27 Cr | ₹56.14 Cr | ₹64.79 Cr | ₹222.15 Cr |
| Net Profit | ₹109.89 Cr | ₹117.05 Cr | ₹133.31 Cr | ₹215.59 Cr | ₹102.43 Cr | ₹662.27 Cr | ₹119.76 Cr | ₹224.87 Cr | ₹114.29 Cr | ₹152.09 Cr | ₹175.48 Cr | ₹734 Cr |
| attributable to Owners | ₹112.27 Cr | ₹121.36 Cr | ₹134.93 Cr | ₹220.91 Cr | ₹108.46 Cr | ₹680.87 Cr | ₹122.79 Cr | ₹230.83 Cr | ₹116.03 Cr | ₹154.26 Cr | ₹177.15 Cr | ₹738 Cr |
| attributable to NCI | -₹2.38 Cr | -₹4.31 Cr | -₹1.62 Cr | -₹5.32 Cr | -₹6.03 Cr | -₹18.6 Cr | -₹3.03 Cr | -₹5.96 Cr | -₹1.74 Cr | -₹2.17 Cr | -₹1.67 Cr | -₹4 Cr |
| Other Comprehensive Income | -₹1.55 Cr | ₹5.67 Cr | -₹5.05 Cr | ₹1 Lakh | ₹42 Lakh | -₹2.77 Cr | ₹34 Lakh | ₹4.49 Cr | -₹4.92 Cr | -₹53 Lakh | ₹3 Lakh | ₹1.6 Cr |
| Total Comprehensive Income | ₹108.34 Cr | ₹122.72 Cr | ₹128.26 Cr | ₹215.6 Cr | ₹102.85 Cr | ₹659.5 Cr | ₹120.1 Cr | ₹229.36 Cr | ₹109.37 Cr | ₹151.56 Cr | ₹175.51 Cr | ₹735.6 Cr |
| EBITDA (computed) | ₹246.19 Cr | ₹274.9 Cr | ₹243.69 Cr | ₹355.76 Cr | ₹202.81 Cr | ₹276.61 Cr | ₹238.61 Cr | ₹363.44 Cr | ₹211.54 Cr | ₹264.13 Cr | ₹295.26 Cr | ₹348.7 Cr |
| Basic EPS | ₹1.39 | ₹1.50 | ₹1.67 | ₹2.73 | ₹1.34 | ₹8.42 | ₹1.52 | ₹2.86 | ₹1.44 | ₹1.91 | ₹2.19 | ₹9.13 |
| Diluted EPS | ₹1.39 | ₹1.50 | ₹1.67 | ₹2.73 | ₹1.34 | ₹8.41 | ₹1.52 | ₹2.85 | ₹1.43 | ₹1.91 | ₹2.19 | ₹9.12 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹7,739.23 Cr | ₹7,496.71 Cr | ₹7,393.3 Cr | ₹7,081.02 Cr | ₹5,948.9 Cr | ₹4,690 Cr | ₹4,943.17 Cr |
| Other Income | ₹152.46 Cr | ₹142.06 Cr | ₹93.11 Cr | ₹30.83 Cr | ₹32.86 Cr | ₹38.71 Cr | ₹26.86 Cr |
| Total Income | ₹7,891.69 Cr | ₹7,638.77 Cr | ₹7,486.41 Cr | ₹7,111.85 Cr | ₹5,981.76 Cr | ₹4,728.71 Cr | ₹4,970.03 Cr |
| Cost of Materials Consumed | ₹4,382.2 Cr | ₹4,357.87 Cr | ₹4,287.76 Cr | ₹4,595.16 Cr | ₹4,013.98 Cr | ₹2,694.59 Cr | ₹2,722.18 Cr |
| Purchases of Stock-in-Trade | ₹522.49 Cr | ₹486.98 Cr | ₹483.72 Cr | ₹466.56 Cr | ₹396.22 Cr | ₹315.33 Cr | ₹284.23 Cr |
| Changes in Inventories | ₹99.6 Cr | ₹7.76 Cr | -₹1.75 Cr | -₹106.38 Cr | -₹280.94 Cr | -₹98.49 Cr | ₹51.21 Cr |
| Employee Benefit Expense | ₹490.28 Cr | ₹447.18 Cr | ₹401.76 Cr | ₹333.84 Cr | ₹312.37 Cr | ₹258.58 Cr | ₹269.38 Cr |
| Finance Costs | ₹18.41 Cr | ₹15.09 Cr | ₹12.46 Cr | ₹9.73 Cr | ₹9.87 Cr | ₹7.49 Cr | ₹5 Cr |
| Depreciation & Amortisation | ₹221.36 Cr | ₹193.68 Cr | ₹179.96 Cr | ₹164.63 Cr | ₹153.82 Cr | ₹138.97 Cr | ₹119.88 Cr |
| Other Expenses | ₹1,258.44 Cr | ₹1,222.79 Cr | ₹1,198.93 Cr | ₹997.95 Cr | ₹859.93 Cr | ₹686.91 Cr | ₹834.55 Cr |
| Total Expenses | ₹6,992.78 Cr | ₹6,731.35 Cr | ₹6,562.84 Cr | ₹6,461.49 Cr | ₹5,465.25 Cr | ₹4,003.38 Cr | ₹4,286.43 Cr |
| Profit Before Exceptional Items & Tax | ₹898.91 Cr | ₹907.42 Cr | ₹923.57 Cr | ₹650.36 Cr | ₹516.51 Cr | ₹725.33 Cr | ₹683.6 Cr |
| Exceptional Items | -₹60.7 Cr | ₹479.19 Cr | ₹642.25 Cr | ₹0 | -₹11.39 Cr | -₹10.82 Cr | ₹0 |
| Profit Before Tax | ₹838.21 Cr | ₹1,386.61 Cr | ₹1,565.82 Cr | ₹650.36 Cr | ₹505.12 Cr | ₹714.51 Cr | ₹683.6 Cr |
| Total Tax Expense | ₹218.36 Cr | ₹365.37 Cr | ₹382.95 Cr | ₹163.93 Cr | ₹130.79 Cr | ₹183.52 Cr | ₹148.2 Cr |
| Net Profit | ₹619.85 Cr | ₹1,021.24 Cr | ₹1,182.87 Cr | ₹486.43 Cr | ₹374.33 Cr | ₹530.99 Cr | ₹535.4 Cr |
| Other Comprehensive Income | ₹6.74 Cr | -₹3.46 Cr | -₹3.77 Cr | ₹16 Lakh | ₹2.51 Cr | ₹19 Lakh | -₹1.02 Cr |
| Total Comprehensive Income | ₹626.59 Cr | ₹1,017.78 Cr | ₹1,179.1 Cr | ₹486.59 Cr | ₹376.84 Cr | ₹531.18 Cr | ₹534.38 Cr |
| EBITDA (computed) | ₹1,138.68 Cr | ₹1,116.19 Cr | ₹1,115.99 Cr | ₹824.72 Cr | ₹680.2 Cr | ₹871.79 Cr | ₹808.48 Cr |
| Basic EPS | ₹8.25 | ₹12.63 | ₹14.63 | ₹9.03 | ₹6.95 | ₹9.85 | ₹9.94 |
| Diluted EPS | ₹8.24 | ₹12.62 | ₹14.62 | ₹9.02 | ₹6.95 | ₹9.85 | ₹9.94 |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 |
|---|---|---|---|---|
| Total Assets | ₹8,538.59 Cr | ₹7,969.24 Cr | ₹7,224.8 Cr | ₹6,075.13 Cr |
| Non-current Assets | ₹2,923.87 Cr | ₹2,795.48 Cr | ₹2,496.16 Cr | ₹2,367.38 Cr |
| Current Assets | ₹5,614.72 Cr | ₹5,173.76 Cr | ₹4,728.59 Cr | ₹3,707.7 Cr |
| Property, Plant & Equipment | ₹2,285.11 Cr | ₹1,935.67 Cr | ₹1,866.62 Cr | ₹1,812.96 Cr |
| Inventories | ₹1,492.92 Cr | ₹1,609.71 Cr | ₹1,616.04 Cr | ₹1,648.02 Cr |
| Trade Receivables | ₹1,379.83 Cr | ₹1,274.7 Cr | ₹1,215.25 Cr | ₹1,117.15 Cr |
| Cash & Equivalents | ₹184.12 Cr | ₹85.72 Cr | ₹162.37 Cr | ₹90.22 Cr |
| Equity (Net Worth) | ₹6,695.77 Cr | ₹6,366.23 Cr | ₹5,653.12 Cr | ₹4,607.38 Cr |
| Equity Share Capital | ₹80.87 Cr | ₹80.84 Cr | ₹80.84 Cr | ₹53.89 Cr |
| Borrowings (Non-current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Borrowings (Current) | ₹0 | ₹0 | ₹0 | ₹0 |
| Total Debt (computed) | ₹0 | ₹0 | ₹0 | ₹0 |
| Current Liabilities | ₹1,498.19 Cr | ₹1,287.33 Cr | ₹1,314.51 Cr | ₹1,250.59 Cr |
| Total Liabilities | ₹1,842.82 Cr | ₹1,603.01 Cr | ₹1,571.68 Cr | ₹1,467.75 Cr |
| Metrics | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|
| Operating Cash Flow | ₹885.35 Cr | ₹647.48 Cr | ₹895.09 Cr | ₹386.19 Cr | ₹59.09 Cr |
| Investing Cash Flow | -₹429.03 Cr | -₹372.48 Cr | -₹635.63 Cr | -₹273.54 Cr | ₹251.46 Cr |
| Financing Cash Flow | -₹357.92 Cr | -₹351.65 Cr | -₹187.31 Cr | -₹88.87 Cr | -₹324.41 Cr |
| Capital Expenditure | ₹211.89 Cr | ₹324.53 Cr | ₹232.57 Cr | ₹111.3 Cr | ₹213.78 Cr |
| Free Cash Flow (computed) | ₹673.46 Cr | ₹322.95 Cr | ₹662.52 Cr | ₹274.89 Cr | -₹154.69 Cr |
| Dividends Paid | ₹303.18 Cr | ₹303.14 Cr | ₹145.51 Cr | ₹53.89 Cr | ₹282.93 Cr |
| Net Change in Cash | ₹98.4 Cr | -₹76.65 Cr | ₹73.13 Cr | ₹24.76 Cr | -₹13.86 Cr |
| Metrics | Q4 FY26 | Q3 FY26 | Q2 FY26 | Q1 FY26 | Q4 FY25 | Q3 FY25 | Q2 FY25 | Q1 FY25 | Q4 FY24 | Q3 FY24 | Q2 FY24 | Q1 FY24 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | ₹1,873.44 Cr | ₹1,907.35 Cr | ₹1,871.02 Cr | ₹2,087.42 Cr | ₹1,740.43 Cr | ₹1,842.16 Cr | ₹1,863.77 Cr | ₹2,050.35 Cr | ₹1,661.7 Cr | ₹1,814.86 Cr | ₹1,845.57 Cr | ₹2,071.17 Cr |
| Other Income | ₹33.97 Cr | ₹36.73 Cr | ₹28.84 Cr | ₹52.92 Cr | ₹39.42 Cr | ₹37.41 Cr | ₹26.88 Cr | ₹38.35 Cr | ₹32.04 Cr | ₹22.36 Cr | ₹22.36 Cr | ₹16.35 Cr |
| Total Income | ₹1,907.41 Cr | ₹1,944.08 Cr | ₹1,899.86 Cr | ₹2,140.34 Cr | ₹1,779.85 Cr | ₹1,879.57 Cr | ₹1,890.65 Cr | ₹2,088.7 Cr | ₹1,693.74 Cr | ₹1,837.22 Cr | ₹1,867.93 Cr | ₹2,087.52 Cr |
| Cost of Materials Consumed | ₹1,144.88 Cr | ₹1,032.35 Cr | ₹1,078.71 Cr | ₹1,126.26 Cr | ₹1,055.79 Cr | ₹1,043.06 Cr | ₹1,167.74 Cr | ₹1,091.28 Cr | ₹1,032.72 Cr | ₹1,051.03 Cr | ₹1,131.99 Cr | ₹1,072.02 Cr |
| Purchases of Stock-in-Trade | ₹132.79 Cr | ₹124.18 Cr | ₹127.62 Cr | ₹137.9 Cr | ₹117.21 Cr | ₹138.78 Cr | ₹108.68 Cr | ₹122.31 Cr | ₹122.64 Cr | ₹129.72 Cr | ₹107.48 Cr | ₹123.88 Cr |
| Changes in Inventories | -₹52.28 Cr | ₹72.99 Cr | ₹9.43 Cr | ₹69.46 Cr | -₹35.09 Cr | ₹10.1 Cr | -₹45.41 Cr | ₹78.16 Cr | -₹71.13 Cr | -₹22.5 Cr | -₹52.17 Cr | ₹144.05 Cr |
| Employee Benefit Expense | ₹123.26 Cr | ₹121.6 Cr | ₹125.39 Cr | ₹120.03 Cr | ₹116.48 Cr | ₹107.01 Cr | ₹111.56 Cr | ₹112.13 Cr | ₹104.8 Cr | ₹105.08 Cr | ₹96.2 Cr | ₹95.68 Cr |
| Finance Costs | ₹5.29 Cr | ₹5.77 Cr | ₹3.76 Cr | ₹3.59 Cr | ₹3.67 Cr | ₹4.75 Cr | ₹3.3 Cr | ₹3.37 Cr | ₹3.15 Cr | ₹3.22 Cr | ₹3.17 Cr | ₹2.92 Cr |
| Depreciation & Amortisation | ₹59.07 Cr | ₹58.53 Cr | ₹52.54 Cr | ₹51.22 Cr | ₹49.74 Cr | ₹51.46 Cr | ₹46.5 Cr | ₹45.98 Cr | ₹45.78 Cr | ₹46.23 Cr | ₹45.2 Cr | ₹42.75 Cr |
| Other Expenses | ₹309.67 Cr | ₹308.95 Cr | ₹318.02 Cr | ₹321.8 Cr | ₹308.22 Cr | ₹296.32 Cr | ₹306.19 Cr | ₹312.06 Cr | ₹293.53 Cr | ₹311.59 Cr | ₹292.17 Cr | ₹301.64 Cr |
| Total Expenses | ₹1,722.68 Cr | ₹1,724.37 Cr | ₹1,715.47 Cr | ₹1,830.26 Cr | ₹1,616.02 Cr | ₹1,651.48 Cr | ₹1,698.56 Cr | ₹1,765.29 Cr | ₹1,531.49 Cr | ₹1,624.37 Cr | ₹1,624.04 Cr | ₹1,782.94 Cr |
| Profit Before Exceptional Items & Tax | ₹184.73 Cr | ₹219.71 Cr | ₹184.39 Cr | ₹310.08 Cr | ₹163.83 Cr | ₹228.09 Cr | ₹192.09 Cr | ₹323.41 Cr | ₹162.25 Cr | ₹212.85 Cr | ₹243.89 Cr | ₹304.58 Cr |
| Exceptional Items | -₹15.98 Cr | -₹44.72 Cr | ₹0 | ₹0 | ₹0 | ₹479.19 Cr | ₹0 | ₹0 | -₹19 Cr | ₹0 | ₹0 | ₹661.25 Cr |
| Profit Before Tax | ₹168.75 Cr | ₹174.99 Cr | ₹184.39 Cr | ₹310.08 Cr | ₹163.83 Cr | ₹707.28 Cr | ₹192.09 Cr | ₹323.41 Cr | ₹143.25 Cr | ₹212.85 Cr | ₹243.89 Cr | ₹965.83 Cr |
| Total Tax Expense | ₹47.89 Cr | ₹43.79 Cr | ₹47.45 Cr | ₹79.23 Cr | ₹40.34 Cr | ₹180.79 Cr | ₹61.93 Cr | ₹82.31 Cr | ₹41.71 Cr | ₹55.24 Cr | ₹64 Cr | ₹222 Cr |
| Net Profit | ₹120.86 Cr | ₹131.2 Cr | ₹136.94 Cr | ₹230.85 Cr | ₹123.49 Cr | ₹526.49 Cr | ₹130.16 Cr | ₹241.1 Cr | ₹101.54 Cr | ₹157.61 Cr | ₹179.89 Cr | ₹743.83 Cr |
| Other Comprehensive Income | ₹2.21 Cr | ₹5.84 Cr | -₹65 Lakh | -₹66 Lakh | -₹1.89 Cr | -₹52 Lakh | -₹51 Lakh | -₹54 Lakh | -₹3.96 Cr | ₹5 Lakh | ₹7 Lakh | ₹7 Lakh |
| Total Comprehensive Income | ₹123.07 Cr | ₹137.04 Cr | ₹136.29 Cr | ₹230.19 Cr | ₹121.6 Cr | ₹525.97 Cr | ₹129.65 Cr | ₹240.56 Cr | ₹97.58 Cr | ₹157.66 Cr | ₹179.96 Cr | ₹743.9 Cr |
| EBITDA (computed) | ₹249.09 Cr | ₹284.01 Cr | ₹240.69 Cr | ₹364.89 Cr | ₹217.24 Cr | ₹284.3 Cr | ₹241.89 Cr | ₹372.76 Cr | ₹211.18 Cr | ₹262.3 Cr | ₹292.26 Cr | ₹350.25 Cr |
| Basic EPS | ₹1.62 | ₹1.62 | ₹1.69 | ₹2.86 | ₹1.53 | ₹6.51 | ₹1.61 | ₹2.98 | ₹1.25 | ₹1.95 | ₹2.23 | ₹9.20 |
| Diluted EPS | ₹1.62 | ₹1.62 | ₹1.69 | ₹2.85 | ₹1.53 | ₹6.51 | ₹1.61 | ₹2.98 | ₹1.25 | ₹1.95 | ₹2.22 | ₹9.19 |
Shareholding Pattern of Kansai Nerolac Paints Limited
As per the shareholding pattern filed with NSE for the quarter ended Mar 2026, promoters hold 74.96%, foreign institutional investors hold 3.61%, domestic institutional investors hold 11.90%, retail and other public shareholders hold 9.53% of Kansai Nerolac Paints Limited. The company had 150,761 shareholders on record.
| Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | |
|---|---|---|---|---|---|---|
| Promoters | 74.96% | 74.98% | 74.98% | 74.98% | 74.98% | 74.99% |
| Public | 25.04% | 25.02% | 25.02% | 25.02% | 25.02% | 25.01% |
| Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.96% | 74.98% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 74.99% | 73.12% |
| Public | 25.04% | 25.02% | 25.01% | 25.01% | 25.01% | 25.01% | 25.01% | 25.01% | 25.01% | 25.01% | 26.88% |
| Promoter change (YoY, %pts) | -0.02 | -0.01 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +0.00 | +1.87 | - |
Board & Governance of Kansai Nerolac Paints Limited
As per the corporate governance filing with NSE for the quarter ended 31-MAR-2026, the board of Kansai Nerolac Paints Limited has 7 directors - 3 independent and 2 executive. The board is chaired by Bhaskar Bhat.
| Director | Position | On board since | Listed boards |
|---|---|---|---|
| Bhaskar Bhat | Non-Executive - Independent Director · Chairperson | 2022-08-10 | 3 |
| Sonia Singh | Non-Executive - Independent Director | 2019-07-29 | 5 |
| T. Tomioka | Non-Executive - Non Independent Director | 2020-05-07 | 1 |
| Pravin Chaudhari | Executive Director · CEO-MD | 2023-06-26 | 1 |
| Hirokazu Kotera | Executive Director | 2024-08-01 | 1 |
| Uday Bhansali | Non-Executive - Independent Director | 2024-11-06 | 2 |
| Gen Yokota | Non-Executive - Non Independent Director | 2025-05-06 | 1 |
| Committee | Members |
|---|---|
| Audit Committee | Uday Bhansali (Chairperson), Sonia Singh, Bhaskar Bhat |
| Nomination and remuneration committee | Uday Bhansali (Chairperson), Bhaskar Bhat, Sonia Singh, T. Tomioka |
| Stakeholders Relationship Committee | Sonia Singh (Chairperson), Bhaskar Bhat, Pravin Chaudhari |
| Risk Management Committee | Sonia Singh (Chairperson), Uday Bhansali, Hirokazu Kotera, Pravin Chaudhari, Jason Simon Gonsalves, Yash Ahuja |
| Corporate Social Responsibility Committee | Sonia Singh (Chairperson), Bhaskar Bhat, Pravin Chaudhari |
Group Structure of Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited has 1 subsidiary company. This group structure data is as of FY 2023. The corporate group structure reflects Kansai Nerolac Paints Limited's business expansion strategy and organizational complexity.
| Company Name | CIN | Shares Held |
|---|---|---|
| Nerofix Private Limited | U24299MH2019PTC328170 | - |
Showing major subsidiaries. Total: 1.
Charges & Borrowings of Kansai Nerolac Paints Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 15 Jan 2019 | Hdfc Bank Limited | ₹30 Cr | Satisfied |
| 25 Aug 1999 | Punjab National Bank | ₹5.75 Cr | Satisfied |
| 30 Jun 1998 | Punjab National Bank | ₹1.5 Cr | Satisfied |
| 29 Aug 1997 | Industrial Development Bank of India | ₹15 Cr | Satisfied |
| 19 Dec 1995 | Pradeshiya Industrial & Iinvestment Corporation of Uttar Pradesh (Picup) | ₹40 Cr | Satisfied |
Total charge records: 10 View all charges
Employees and EPFO Compliance at Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited has a workforce of 3,794 employees as of Apr 04, 2024.
Employee Count & EPFO Data of Kansai Nerolac Paints Limited
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GST Compliance of Kansai Nerolac Paints Limited
GSTIN & GST Filing Data of Kansai Nerolac Paints Limited
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Credit Ratings, Litigation & Regulatory Alerts for Kansai Nerolac Paints Limited
Credit Ratings, Legal Cases & Regulatory Alerts of Kansai Nerolac Paints Limited
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MSME Payment Delays by Kansai Nerolac Paints Limited
MSME Payment Delays by Kansai Nerolac Paints Limited
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Subsidiaries & Group Companies of Kansai Nerolac Paints Limited
Subsidiaries & Group Companies of Kansai Nerolac Paints Limited
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MCA Filings & Documents of Kansai Nerolac Paints Limited
MCA Filings & Documents of Kansai Nerolac Paints Limited
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Recent Activity on Kansai Nerolac Paints Limited
Recent News on Kansai Nerolac Paints Limited
Frequently Asked Questions about Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited is an active public limited company in the manufacturing sector based in Mumbai, Maharashtra, India. It was incorporated on 02 September 1920 (106+ years old) and is registered under CIN L24202MH1920PLC000825. Listed on BSE: 500165 and NSE: KANSAINER. The company has 3,794 employees.
Kansai Nerolac Paints Limited reported revenue of ₹7,486.41 Cr for FY 2024 (down 1.00% YoY).
The current directors of Kansai Nerolac Paints Limited are:
- Takashi Tomioka
- Uday Shirish Bhansali
- Yash Ahuja
- Bhaskar Bhat
- Gomatam Thirumalai Govindarajan
- Pravin Digambar Chaudhari
- Mr P D Pai
- Hitoshi Nishibayashi
- Sonia Singh
- Hirokazu Kotera
- Prashant Devidas Pai
- Gen Yokota
- Yash Ahuja
The primary industry of Kansai Nerolac Paints Limited is manufacturing. The company specifically operates in paint and coatings. The company is currently active in this sector.
Yes. Kansai Nerolac Paints Limited is listed on both BSE (code: 500165) and NSE (symbol: KANSAINER).
Kansai Nerolac Paints Limited can be reached at the registered office: 28Th Floor A – Wing Marathon Futurex, N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013, or through the website nerolac.com.