Kansai Nerolac Paints Limited

BSE: 500165 NSE: KANSAINER
Kansai Nerolac Paints Limited - manufacturing in Mumbai, Maharashtra, India. FY 2026 financials & compliance.
CIN L24202MH1920PLC000825 Incorporated 02 September 1920 ROC Mumbai HQ Mumbai, Maharashtra, India
Active Listed - NSE: KANSAINER · BSE: 500165 Public Limited Company manufacturing Fortune India 500 · #277 Fortune MNC 500 · #90
Data last updated
Market Cap
₹14,656 Cr
KANSAINER · NSE
Share Price
₹178.52
-1.48% 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)
23.2x
P/B 2.2x
ROE
8.8%
ROCE 12.0%
Debt / Equity
0.05
Interest cover 4.7x

About Kansai Nerolac Paints Limited

Data last updated:

Kansai Nerolac Paints Limited is a public limited company based in Mumbai, Maharashtra, India, a subsidiary of Kansai Paint Co., Ltd., Japan. It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 02 September 1920 and has been in existence for over 106 years.

Kansai Nerolac Paints is ranked #277 on the Fortune India 500 (2025) and #90 on the Fortune MNC 500 India (2026).

The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24202MH1920PLC000825. Its GSTIN is 27AAACG1376N2ZB (Maharashtra). The company holds 31 GST registrations, of which 26 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500165 and NSE: KANSAINER.

The company has an authorised share capital of ₹85 Cr and a paid-up capital of ₹80.87 Cr. It was formerly known as The Gahagan Paint & Varnish Company Limited and Goodlass Nerolac Paints Limited. It is led by directors including Pravin Digambar Chaudhari (Managing Director) and Bhaskar Bhat.

Its last annual general meeting (AGM) was held on 30 June 2025, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Mumbai, Maharashtra.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹9,012.65 Cr, a growth of 2.7% compared to the previous year. For the same year it recorded a net profit of ₹579.07 Cr (net margin 6.4%) and EBITDA of ₹911.45 Cr (EBITDA margin 10.1%). The net worth stands at ₹6,713.78 Cr (up 4.5% YoY). Total assets are valued at ₹7,009.29 Cr (up 4.3% YoY).

The company has about 3,794 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.

The company is associated with 2 brands: RAK Paints and Kansai Nerolac. As per MCA filings, the company has satisfied charges of ₹189.34 Cr on record. Court records list 2,221 cases involving the company, including 1,998 filed by the company and 225 filed against it; 1,228 cases are pending. The company has 14 deals on record (13 market trades, 1 acquisition); the latest was in October 2022.

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.

Company details

CIN L24202MH1920PLC000825
Registration Number 000825
Incorporation Date 02 September 1920
ROC Mumbai
Listing Status Listed - Listed on NSE (KANSAINER); Listed on BSE (500165)
Company Status Active
Date of Last AGM 30 June 2025
Date of Balance Sheet 31 March 2026
Parent Company Kansai Paint Co., Ltd., Japan
Compliance Status Active Compliant

Name history

Kansai Nerolac Paints 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.

Company NameStatus
Kansai Nerolac Paints LimitedCurrent
The Gahagan Paint & Varnish Company LimitedPrevious
Goodlass Nerolac Paints LimitedPrevious
Key People
Pravin Digambar Chaudhari Managing Director Bhaskar Bhat Director Takashi Tomioka Director

Recognitions & Rankings of Kansai Nerolac Paints

Fortune India 500 2025 edition
Rank#277
Total income
₹9,533 Cr
Profit
₹1,143 Cr
Last year #278
Fortune MNC 500 India 2026 edition
Rank#90
Total income
₹9,533 Cr
Profit
₹1,143 Cr
Last year #89

Contact details

Kansai Nerolac Paints Limited's registered office is in Mumbai, Maharashtra. Its website is nerolac.com. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    nerolac.com
  • Social Media
  • Registered Address
    28th Floor A – Wing Marathon Futurex, N. M. Joshi Marg Lower Parel, Mumbai, Maharashtra, India – 400013
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of Kansai Nerolac Paints Limited, buy the company report.

Comprehensive company report
Kansai Nerolac Paints Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
₹799 ₹999 20% off excluding 18% GST
Secure checkout · GST invoice included

Brands

Kansai Nerolac Paints operates two associated brands: RAK Paints and Kansai Nerolac. Each brand links to its own profile.

BrandDescriptionWebsite
RAK Paints
Solvent-based and water-based paints are provided by RAK Paints.rakpaintsbd.com
Kansai Nerolac
Industrial and decorative paints are manufactured by Kansai Nerolac.nerolac.com

Business activity

The main business activity of Kansai Nerolac Paints is manufacturing. In detail, this covers other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC13Other manufacturing including jewellery, musical instruments, medical instruments, sports goods, etc. activities

To see the full business activity and turnover split of Kansai Nerolac Paints Limited, buy the company report.

Financials of Kansai Nerolac Paints Limited

FY 2025-26 filings available

Kansai Nerolac Paints Limited reported revenue of ₹9,012.65 Cr (up 2.7% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹9,013 Cr
+2.7% YoY
EBITDA
₹911 Cr
-3.3% YoY
Profit After Tax
₹579 Cr
-7.3% YoY
Net Worth
₹6,714 Cr
+4.5% YoY
Total Assets
₹7,009 Cr
+4.3% YoY
Total Debt
₹303 Cr
+2.1% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue9,0138,7738,7578,5217,2145,7565,280
Revenue growth+2.7%+0.2%+2.8%+18.1%+25.3%+9.0%-
EBITDA9119421,028818649863804
EBITDA margin+10.1%+10.7%+11.7%+9.6%+9.0%+15.0%+15.2%
Profit before tax7971,4781,561635476712667
Net profit579625656468348520514
Net profit margin+6.4%+7.1%+7.5%+5.5%+4.8%+9.0%+9.7%
EPS (₹)7.2914.1414.668.796.669.839.67
Balance sheet
Total assets7,0096,7235,8994,8434,4694,3404,024
Net worth6,7146,4235,5834,5344,1324,0533,760
Total debt303296276160203173242
Cash & bank226290260127106125192
Net working capital1,8772,1772,0421,9541,8871,4251,432
Cash flow
Cash from operations89467290340824.77646595
Cash from investing(383)(379)(590)(227)250(453)(375)
Cash from financing(403)(366)(249)(133)(309)(274)(141)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3741,9541,9821,9542,1621,8171,9221,951
Revenue growth (YoY)+9.8%+7.5%+3.1%+0.1%+1.4%---
Other income54.9429.6935.2128.4352.6137.0967126.70
EBITDA328198195215303166235212
EBITDA margin+13.8%+10.1%+9.8%+11.0%+14.0%+9.1%+12.2%+10.9%
Depreciation62.8360.9059.9754.3152.9451.6053.4048.56
Interest8.028.428.807.717.367.699.077.28
Profit before tax312158161182295144844183
Tax84.0548.5544.3648.3679.8741.0918163.01
Net profit228110117133216102662120
EPS (₹)2.861.581.951.672.731.348.411.52
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue8,6148,3518,2217,8976,6535,3544,943
Revenue growth+3.2%+1.6%+4.1%+18.7%+24.3%+8.3%-
EBITDA9147881,023794636833782
EBITDA margin+10.6%+9.4%+12.4%+10.1%+9.6%+15.6%+15.8%
Profit before tax8381,3871,566650505714684
Net profit607339666481372529529
Net profit margin+7.0%+4.1%+8.1%+6.1%+5.6%+9.9%+10.7%
EPS (₹)7.6612.6314.639.036.959.859.94
Balance sheet
Total assets6,9306,5585,8224,7484,3024,1763,850
Net worth6,6966,3665,6534,6074,1714,0773,787
Total debt21717114911910998.4463.41
Cash & bank19226023094.7480.6583.31166
Net working capital1,8022,0721,9701,8391,7641,3011,301
Cash flow
Cash from operations88564789538659.09655621
Cash from investing(429)(372)(636)(274)251(465)(343)
Cash from financing(358)(352)(187)(88.87)(324)(276)(192)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3001,8731,9071,8712,0871,7401,8421,864
Revenue growth (YoY)+10.2%+7.6%+3.5%+0.4%+1.8%---
Other income56.1333.9736.7328.8452.9239.4251726.88
Total expenses1,9641,6741,7051,6591,7751,5631,5951,649
EBITDA336199203212312178247215
EBITDA margin+14.6%+10.6%+10.6%+11.3%+14.9%+10.2%+13.4%+11.5%
Depreciation61.3159.0758.5352.5451.2249.7451.4646.50
Interest4.965.295.773.763.593.674.753.30
Profit before tax326169175184310164707192
Tax83.4147.8943.7947.4579.2340.3418161.93

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 26 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3741,9541,9821,9542,1621,8171,9221,951
Revenue growth (YoY)+9.8%+7.5%+3.1%+0.1%+1.4%---
Other income54.9429.6935.2128.4352.6137.0967126.70
EBITDA328198195215303166235212
EBITDA margin+13.8%+10.1%+9.8%+11.0%+14.0%+9.1%+12.2%+10.9%
Depreciation62.8360.9059.9754.3152.9451.6053.4048.56
Interest8.028.428.807.717.367.699.077.28
Profit before tax312158161182295144844183
Tax84.0548.5544.3648.3679.8741.0918163.01
Net profit228110117133216102662120
EPS (₹)2.861.581.951.672.731.348.411.52
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue9,0138,7738,7578,5217,2145,7565,280
Revenue growth+2.7%+0.2%+2.8%+18.1%+25.3%+9.0%-
Other income14676975325.9825.4138.2125.53
Total expenses8,1017,8317,7297,7036,5644,8924,476
Employee cost542502449377356305310
EBITDA9119421,028818649863804
EBITDA margin+10.1%+10.7%+11.7%+9.6%+9.0%+15.0%+15.2%
Depreciation228202190180170165142
Interest32.2931.2529.2129.0028.5923.7420.91
Profit before tax7971,4781,561635476712667
Tax221369385166133187151
Net profit579625656468348520514
Net profit margin+6.4%+7.1%+7.5%+5.5%+4.8%+9.0%+9.7%
EPS (₹)7.2914.1414.668.796.669.839.67
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital80.8780.8480.8453.8953.8953.8953.89
Reserves & surplus6,6336,3425,5024,4804,0783,9993,706
Shareholders' funds (net worth)6,7146,4235,5834,5344,1324,0533,760
Minority interest(24.93)(18.70)16.0426.7119.2936.2821.68
Secured loans82.681181210.000.000.00137
Unsecured loans220179156160203173105
Total debt303296276160203173242
Total liabilities7,0096,7235,8994,8434,4694,3404,024
Assets
Gross block4,3624,0123,7783,5453,2743,0422,897
Net block2,4042,2462,1822,1081,9961,9121,906
Capital work in progress175226153113225207169
Investments2,3651,8501,327501211669306
Inventories1,5301,6651,6871,7291,6301,1981,008
Sundry debtors1,4671,3571,3351,2381,093956787
Cash & bank balances226290260127106125192
Loans & advances189194144211192231196
Total current assets3,4123,5063,4263,3053,0212,5102,183
Total current liabilities1,5351,3301,3851,3511,1341,085751
Net working capital1,8772,1772,0421,9541,8871,4251,432
Total assets7,0096,7235,8994,8434,4694,3404,024
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash29.6010237.57(11.17)23.8310525.96
Net cash from operating activities89467290340824.77646595
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 cash108(72.38)64.4148.74(35.00)(81.13)79.00
Closing cash226290260127106125192
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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%+9.9%+12.8%+10.8%+8.4%+13.5%+14.4%
Debt / equity0.050.050.040.040.050.040.05
Long-term debt / equity0.030.030.010.000.000.010.01
Interest cover4.734.223.494.555.963.403.16
Efficiency & per share
Fixed asset turnover2.152.252.392.502.281.942.03
Inventory turnover5.645.235.135.075.105.224.98
Debtors turnover6.386.526.817.317.046.606.85
EPS (₹)7.2914.1414.668.796.669.839.67
Dividend per share (₹)3.753.753.752.702.255.253.15
Book value per share (₹)83.0279.4669.0684.1376.6875.2169.78
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue2,3001,8731,9071,8712,0871,7401,8421,864
Revenue growth (YoY)+10.2%+7.6%+3.5%+0.4%+1.8%---
Other income56.1333.9736.7328.8452.9239.4251726.88
Total expenses1,9641,6741,7051,6591,7751,5631,5951,649
EBITDA336199203212312178247215
EBITDA margin+14.6%+10.6%+10.6%+11.3%+14.9%+10.2%+13.4%+11.5%
Depreciation61.3159.0758.5352.5451.2249.7451.4646.50
Interest4.965.295.773.763.593.674.753.30
Profit before tax326169175184310164707192
Tax83.4147.8943.7947.4579.2340.3418161.93
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue8,6148,3518,2217,8976,6535,3544,943
Revenue growth+3.2%+1.6%+4.1%+18.7%+24.3%+8.3%-
Other income16480873530.8332.8638.8526.86
Total expenses7,7007,5637,1987,1036,0174,5214,162
Employee cost490447402334312269269
EBITDA9147881,023794636833782
EBITDA margin+10.6%+9.4%+12.4%+10.1%+9.6%+15.6%+15.8%
Depreciation221194180165154149120
Interest18.4115.0912.469.739.878.485.00
Profit before tax8381,3871,566650505714684
Tax218365383164131183148
Net profit607339666481372529529
Net profit margin+7.0%+4.1%+8.1%+6.1%+5.6%+9.9%+10.7%
EPS (₹)7.6612.6314.639.036.959.859.94
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital80.8780.8480.8453.8953.8953.8953.89
Reserves & surplus6,6156,2855,5724,5534,1174,0233,733
Shareholders' funds (net worth)6,6966,3665,6534,6074,1714,0773,787
Secured loans0.000.000.000.000.000.000.00
Unsecured loans21717114911910998.4463.41
Total debt21717114911910998.4463.41
Total liabilities6,9306,5585,8224,7484,3024,1763,850
Assets
Gross block4,1943,8293,5793,3513,0832,8492,618
Net block2,3332,1602,0741,9951,8761,7771,709
Capital work in progress174226152113224206164
Investments2,4221,9071,459653300770455
Inventories1,4931,6101,6161,6481,5321,112930
Sundry debtors1,3801,2751,2151,117965846674
Cash & bank balances19226023094.7480.6583.31166
Loans & advances188183194204184225187
Total current assets3,2533,3283,2553,0642,7622,2671,958
Total current liabilities1,4521,2561,2851,225998966657
Net working capital1,8022,0721,9701,8391,7641,3011,301
Total assets6,9306,5585,8224,7484,3024,1763,850
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash85.7216290.2266.4480.3016678.04
Net cash from operating activities88564789538659.09655621
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 cash98.40(76.65)72.1523.78(13.86)(86.19)85.57
Closing cash19226023094.7480.6583.31166
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 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%+5.7%+13.0%+11.1%+9.1%+13.5%+14.9%
Debt / equity0.030.030.030.030.030.020.01
Long-term debt / equity0.020.020.020.020.020.020.01
Interest cover2.662.541.481.552.051.240.76
Efficiency & per share
Fixed asset turnover2.152.252.372.452.241.962.09
Inventory turnover5.555.185.044.975.035.244.99
Debtors turnover6.496.717.057.587.347.047.33
EPS (₹)7.6612.6314.639.036.959.859.94
Dividend per share (₹)3.753.753.752.702.255.253.15
Book value per share (₹)82.8078.7569.9385.5077.4075.6570.27

To see the full year-wise statements and ratios of Kansai Nerolac Paints Limited, buy the company report.

Board of directors of Kansai Nerolac Paints Limited

Kansai Nerolac Paints has 6 current directors and 24 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Bhaskar Bhat
Also directs: Marico Limited, Metro Brands Limited, Lucas TVS Limited and 4 more
Director10 Aug 20224 Years 2 MonthsCurrent
Takashi TomiokaDirector07 May 20206 Years 5 MonthsCurrent
Sonia Singh
Also directs: Pfizer Limited, Bharat Forge Ltd, Voltas Limited and 3 more
Director29 Jul 20197 Years 2 MonthsCurrent
Gen YokotaDirector06 May 20251 Years 5 MonthsCurrent
Uday Shirish Bhansali
Also directs: Escondido Holdings LLP, Idfc First Bank Limited, Vakil and Sons Private Limited and 2 more
Director06 Nov 20241 Years 11 MonthsCurrent
Pravin Digambar ChaudhariManaging Director26 Jun 20233 Years 4 MonthsCurrent
View all directors

Auditor

Kansai Nerolac Paints Limited is audited by S R B C & CO LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
S R B C & CO LLPFY 2024324982E/E300003

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 75.00%, foreign institutional investors hold 4.00%, domestic institutional investors hold 11.90% and retail and other public shareholders hold 9.10%.

Promoters: 75.00%DII (Domestic Institutional): 11.90%FII (Foreign Institutional): 4.00%Retail & Others: 9.10%
Sep 2026
QUARTER
75.00% Promoters
11.90% DII (Domestic Institutional)
4.00% FII (Foreign Institutional)
9.10% Retail & Others
Promoter holding - history
Now 75.00% · Sep 2026High 75.00% · Dec 2025Low 75.00% · Dec 2025
74%74.5%75%75.5%76%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 75.00%Mar 2026: 75.00%Jun 2026: 75.00%Sep 2026: 75.00%75.00%75.00%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters75.00%75.00%75.00%75.00%
Public25.00%25.00%25.00%25.00%

Charges & borrowings

Open charges
None
Satisfied charges
₹189.34 Cr
Breakdown by lending institutions
Union Bank of India Limited₹90.00 Cr
Pradeshiya Industrial & Iinvestment Corporation of Uttar Pradesh (Picup)₹40.00 Cr
Hdfc Bank Limited₹30.00 Cr
Industrial Development Bank of India₹15.00 Cr
Punjab National Bank₹7.25 Cr
Others₹7.09 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
15 Jan 2019100232328Hdfc Bank Limited₹30 CrSatisfied
25 Aug 199990188781Punjab National Bank₹5.75 CrSatisfied
30 Jun 199890188733Punjab National Bank₹1.5 CrSatisfied
29 Aug 199790185790Industrial Development Bank of India₹15 CrSatisfied
19 Dec 1995100052920Pradeshiya Industrial & Iinvestment Corporation of Uttar Pradesh (Picup)₹40 CrSatisfied

To see the full charge records of Kansai Nerolac Paints Limited, buy the company report.

Total charge records: 10 View all charges

Deals & funding

Kansai Nerolac Paints Limited has 14 deals on record (13 market trades, 1 acquisition); the latest was in October 2022.

Total deals
14
Market trades
13
Acquisition
1

Deals on record (5 of 14)

WhenDealAmountParties
Oct 2022Market trade₹27.62 CrBuyer: Ishares Msci India Small-Cap Etf, an individual
Seller: Ishares Core Emerging Markets Mauritius Co, Ishares India Sc Mauritius Company
Oct 2022Market trade₹27.69 CrBuyer: Ishares Msci India Small-Cap Etf, an individual
Seller: Ishares Core Emerging Markets Mauritius Co, Ishares India Sc Mauritius Company
Nov 2008Market trade₹30.94 CrBuyer: Bajaj Life Insurance Limited
Seller: Arisaig Partners Asia Pte. Ltd.
May 2007AcquisitionUndisclosedBuyer: Kansai Paints Private Limited
May 2005Market trade₹32.54 CrBuyer: Aberdeen Asset Management
Seller: HDFC Trustee Company Limited

To see the full deal history of Kansai Nerolac Paints Limited, buy the company report.

Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.

Credit ratings & regulatory alerts

Kansai Nerolac Paints Limited was last rated by Crisil on 06 Jul 2020.

Rating agencyRated onRating
Crisil06 Jul 2020

To see the full credit ratings and regulatory alerts of Kansai Nerolac Paints Limited, buy the company report.

MSME payment delays

No delayed payments to MSME suppliers are on our record for Kansai Nerolac Paints Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.

Group structure & subsidiaries

Kansai Nerolac Paints has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.

1
Subsidiary companies
Key subsidiaries
Company NameCINShares held
Nerofix Private LimitedU24299MH2019PTC328170

To see the full group structure of Kansai Nerolac Paints Limited, buy the company report.

Employees & EPFO

Kansai Nerolac Paints Limited has a workforce of 3,794 employees on its EPFO records as of Apr 04, 2024, across 7 active EPFO establishments.

Employee count
3,794
Active EPFO establishments
7
Employee growth
15.14%

GST

Kansai Nerolac Paints has 31 GST registrations: 26 active and 5 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
31
Active
26
Cancelled / inactive
5
GSTINStateStatusRegistered on
27AAACG1376N2ZBMaharashtraActive23 Aug 2017
02AAACG1376N2ZNHimachal PradeshActive01 Jul 2017
03AAACG1376N1ZMPunjabActive01 Jul 2017
04AAACG1376N1ZKChandigarhActive01 Jul 2017

To see the full GST registrations and return filing status of Kansai Nerolac Paints Limited, buy the company report.

Recent activity

Kansai Nerolac Paints Limited has 51 board changes on record since 1973: 30 appointments and 21 cessations. The latest: Yash Ahuja was appointed as CFO on 22 Aug 2025.

Filing
Kansai Nerolac Paints Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Mumbai I.
Appointed
Yash Ahuja was appointed as CFO.
Ceased
Prashant Devidas Pai ceased to be CFO.
AGM
Kansai Nerolac Paints Limited last Annual general meeting of members was held on 30 Jun 2025 as per latest MCA records.
Ceased
Hitoshi Nishibayashi ceased to be Director.
Appointed
Gen Yokota was appointed as Director.
Ceased
Anuj Jain ceased to be Managing Director.
Charges
A charge registered on 25 Aug 1999 via Charge ID 90188781 with Punjab National Bank was fully satisfied on 27 Feb 2025.
Ceased
Pradip Panalal Shah ceased to be Director.
Charges
A charge registered on 29 Jun 1995 via Charge ID 90187681 with Standard Chartered Bank was fully satisfied on 19 Dec 2024.
Charges
A charge registered on 08 Jul 1986 via Charge ID 90185086 with Standard Chartered Bank was fully satisfied on 19 Dec 2024.
Charges
A charge registered on 20 Feb 1985 via Charge ID 90188176 with Stawlard Central Bank was fully satisfied on 18 Dec 2024.

64 earlier events are in the company report.

News

Kansai Nerolac Paints: Co Amalgamation With Nerofix Private Limited Approved By NCLT; Effective Date Is April 1, 2025; Awaiting Certified Order Copy.
25 Sep 2026 · Exchange Update
Kansai Nerolac Presents "Noor-e-Kashmir"
10 Sep 2026 · Business Standard

Frequently asked questions

Kansai Nerolac Paints is an active public limited company based in Mumbai, Maharashtra, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 02 September 1920 (106+ years old) and is registered under CIN L24202MH1920PLC000825. Listed on BSE: 500165 and NSE: KANSAINER.

Kansai Nerolac Paints reported revenue of ₹9,012.65 Cr for FY 2025-26 (up 2.7% YoY) based on consolidated financials.

Kansai Nerolac Paints has 6 current directors:

The latest financial statements of Kansai Nerolac Paints on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 30 June 2025. Year-wise statements from 2015 are in the company report.

The GSTIN of Kansai Nerolac Paints is 27AAACG1376N2ZB, registered in Maharashtra. The company has 31 GST registrations in all, of which 26 are active and 5 are cancelled or inactive. Other active GSTINs include 02AAACG1376N2ZN (Himachal Pradesh), 03AAACG1376N1ZM (Punjab), 04AAACG1376N1ZK (Chandigarh).

The CIN (Corporate Identification Number) of Kansai Nerolac Paints is L24202MH1920PLC000825. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. Kansai Nerolac Paints is a listed company as per MCA records. Its shares are listed on both BSE (code: 500165) and NSE (symbol: KANSAINER).

Kansai Nerolac Paints has 2,221 court cases on record: 1,998 filed by the company and 225 filed against it. 1,228 are pending. Most are in the district courts.

Kansai Nerolac Paints was incorporated on 02 September 1920, making it 106+ years old. It is registered with the Registrar of Companies, Mumbai.

Kansai Nerolac Paints has 14 deals on record (13 market trades, 1 acquisition); the latest was in October 2022.