Kansai Nerolac Paints Limited
NSE: KANSAINER · Paints
Snapshot
Unlock Kansai Nerolac Paints Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Kansai Nerolac Paints Limited is a leading Indian manufacturer of decorative and industrial paints, coatings, and performance chemicals. The company provides a comprehensive range of products including interior and exterior wall paints, automotive coatings, and specialized industrial finishes.
Business Model
The company generates revenue through the manufacturing and distribution of paint systems, enamels, and protective coatings across decorative and industrial segments. It operates as a subsidiary of Kansai Paint Co., Ltd., leveraging global technical expertise to serve diverse sectors including automotive, construction, and electrical components.
- Incorporation Year:1920
Growth Outlook
Growth is driven by sustained demand in the automotive sector and the expansion of the decorative paints market in India. The company continues to diversify its portfolio into construction chemicals and protective surface solutions to capture broader industrial and consumer spending.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of crude oil derivatives and pigments significantly impact operating margins.
- Intense Market Competition. The Indian paint industry is highly competitive, with aggressive pricing strategies from both domestic and multinational players.
- Cyclicality of End-User Industries. The company's industrial coatings segment is sensitive to cyclical downturns in the automotive and manufacturing sectors.
- Regulatory and Environmental Compliance. Increasingly stringent environmental regulations regarding volatile organic compounds (VOCs) may necessitate higher capital expenditure for product reformulation.
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Key Metrics
REVENUE
₹8,263 Cr
TTM · consolidated
NET PROFIT
₹589 Cr
TTM · consolidated
EPS
₹7.42
TTM · consolidated
RETURN ON EQUITY
9.0%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
12.3%
TTM · consolidated
P/E
23.6×
Q1 FY27 · consolidated
EV/EBITDA
12.8x
Q1 FY27 · consolidated
EBITDA MARGIN
13.9%
TTM · consolidated
NET PROFIT MARGIN
9.6%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Paints
| Company | Mkt Cap | P/E (TTM) | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Kansai Nerolac Paints LimitedKANSAINER | ₹14,766 Cr | 23.6× | 12.76 | 5.2% | 13.9% | 9.0% | 12.3% | -29.7% |
Berger Paints India Ltd.BERGEPAINT | ₹53,607 Cr | 43.3× | 26.63 | 5.2% | 16.5% | 18.6% | 22.6% | -14.6% |
JSW Dulux LimitedAKZOINDIA | ₹14,395 Cr | 6.9× | 23.38 | -11.3% | 16.8% | 103.8% | 113.3% | -8.9% |
Indigo Paints LimitedINDIGOPNTS | ₹5,435 Cr | 31.2× | 18.66 | 9.5% | 19.8% | 15.0% | 18.9% | -1.8% |
Sirca Paints India LimitedSIRCA | ₹2,353 Cr | 33.6× | 22.06 | 24.1% | 20.8% | 14.1% | 18.4% | -16.7% |
Shalimar PaintsSHALPAINTS | ₹662 Cr | -9.4× | -38.50 | -10.5% | -3.8% | -24.5% | -15.0% | -7.9% |
As of Q1 FY27
Financials
Kansai Nerolac Paints Limited
NSE: KANSAINER · Paints
Snapshot
Unlock Kansai Nerolac Paints Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Kansai Nerolac Paints Limited is a leading Indian manufacturer of decorative and industrial paints, coatings, and performance chemicals. The company provides a comprehensive range of products including interior and exterior wall paints, automotive coatings, and specialized industrial finishes.
Business Model
The company generates revenue through the manufacturing and distribution of paint systems, enamels, and protective coatings across decorative and industrial segments. It operates as a subsidiary of Kansai Paint Co., Ltd., leveraging global technical expertise to serve diverse sectors including automotive, construction, and electrical components.
- Incorporation Year:1920
Growth Outlook
Growth is driven by sustained demand in the automotive sector and the expansion of the decorative paints market in India. The company continues to diversify its portfolio into construction chemicals and protective surface solutions to capture broader industrial and consumer spending.
Key Risks
- Raw Material Price Volatility. Fluctuations in the cost of crude oil derivatives and pigments significantly impact operating margins.
- Intense Market Competition. The Indian paint industry is highly competitive, with aggressive pricing strategies from both domestic and multinational players.
- Cyclicality of End-User Industries. The company's industrial coatings segment is sensitive to cyclical downturns in the automotive and manufacturing sectors.
- Regulatory and Environmental Compliance. Increasingly stringent environmental regulations regarding volatile organic compounds (VOCs) may necessitate higher capital expenditure for product reformulation.
Start your research today
Unlock AI insights, financials, peers and live data on Kansai Nerolac Paints Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹8,263 Cr
TTM · consolidated
NET PROFIT
₹589 Cr
TTM · consolidated
EPS
₹7.42
TTM · consolidated
RETURN ON EQUITY
9.0%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
12.3%
TTM · consolidated
P/E
23.6x
Q1 FY27 · consolidated
EV/EBITDA
12.8x
Q1 FY27 · consolidated
EBITDA MARGIN
13.9%
TTM · consolidated
NET PROFIT MARGIN
9.6%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.0x
Q1 FY27 · consolidated
Peers · Paints
As of Q1 FY27