Kansai Nerolac Paints Limited announced its unaudited financial results for the first quarter of the fiscal year 2026-27. The company reported a net revenue of ₹2,299.52 Crores, marking a 10.2% growth compared to the same quarter last year. EBITDA saw a 7.7% increase, and Profit Before Tax (PBT) grew by 5.1%.
Kansai Nerolac Paints Reports Strong Q1 FY27 Performance
Kansai Nerolac Paints Limited (KNPL) has announced its unaudited financial results for the first quarter of the fiscal year 2026-27, ending June 30, 2026. The company declared a Net Revenue of ₹2,299.52 Crores, demonstrating a significant growth of 10.2% over the corresponding quarter of the previous year.
Key Financial Highlights
The company’s operational performance remains robust, with EBITDA reported at ₹335.89 Crores, an increase of 7.7% compared to the prior-year period. Profit Before Tax (PBT) stood at ₹325.75 Crores, reflecting a growth of 5.1% year-on-year. These results indicate healthy demand in both Decorative and Industrial segments, supported by strategic initiatives and market conditions.
Market Outlook and Strategy
Commenting on the results, Mr. Pravin Chaudhari, Managing Director, highlighted that demand in both Decorative and Industrial sectors has been healthy, despite prevailing geo-political situations. He noted that the company has implemented price increases to mitigate the impact of inflation, particularly raw material costs, which were affected by supply chain disruptions and currency depreciation. Looking ahead, KNPL anticipates continued strong demand, with an expectation that the festive season, enhanced by Diwali occurring later in the year, will further boost sales.
Industry Context
The Indian paint industry is a significant sector, estimated at approximately ₹82,500 crores as of March 2026. Growth in infrastructure, core sectors, automotive, and real estate are expected to positively influence the overall demand for paints in the long term.
Source: BSE
