Kansai Nerolac Reports 4% Yearly Profit Growth in Q4 FY26
Kansai Nerolac spurts as Q4 PAT jumps 4% YoY to Rs 112 cr
Business Standard
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Kansai Nerolac Paints, a leading Indian paint company, reported a 3.51% increase in consolidated net profit to ₹112.27 crore for Q4 FY26, driven by a 7.54% rise in revenue to ₹1,953.71 crore. The company anticipates continued demand growth despite rising raw material costs due to geopolitical tensions.
- 01Kansai Nerolac's Q4 FY26 net profit rose to ₹112.27 crore.
- 02Revenue increased by 7.54% to ₹1,953.71 crore in Q4 FY26.
- 03The company plans to increase prices to counter inflation.
- 04Kansai Nerolac's annual revenue reached ₹7,739.2 crore, a growth of 3.2%.
- 05The domestic paint industry is projected to be valued at ₹77,500 crore by March 2025.
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Kansai Nerolac Paints saw its consolidated net profit increase by 3.51% to ₹112.27 crore for Q4 FY26, compared to ₹108.46 crore in the same quarter last year. Revenue from operations rose by 7.54% to ₹1,953.71 crore. The profit before tax for the quarter was ₹158.44 crore, marking a 10.39% increase from ₹143.52 crore a year earlier. The company's EBITDA for the quarter was ₹215.1 crore, reflecting a 21% growth year-on-year. For the entire fiscal year, Kansai Nerolac reported net revenue of ₹7,739.2 crore, a 3.2% increase from the previous year, while EBITDA stood at ₹986.2 crore, up 1.2%. Managing Director Pravin Chaudhari noted a revival in demand, particularly in decorative and industrial segments, driven by new products and a strong order pipeline. However, raw material costs have surged due to geopolitical tensions, prompting the company to announce price increases. The domestic paint industry is expected to grow significantly, supported by infrastructure and real estate development. Kansai Nerolac also declared a dividend of 250% for FY26, down from 375% the previous year.
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The increase in Kansai Nerolac's revenue and profit suggests a positive outlook for the paint industry, which may lead to job creation and economic growth in related sectors.
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