Kansai Nerolac Paints Limited announced its unaudited financial results for the first quarter of FY2026-27. The company reported a 10.2% year-on-year growth in net revenue, reaching ₹2,299.52 Crore. EBITDA saw a 7.7% increase to ₹335.89 Crore, while Profit Before Tax (PBT) grew by 5.1% to ₹325.75 Crore for the quarter ended June 30, 2026.
Kansai Nerolac Paints Announces Q1 FY27 Financial Highlights
Kansai Nerolac Paints Limited (KNPL) has disclosed its unaudited financial results for the first quarter of the financial year 2026-27, ending June 30, 2026. The company demonstrated robust performance, with net revenue growing by 10.2% compared to the corresponding quarter of the previous year, reaching ₹2,299.52 Crore.
Key Financial Performance Indicators
Further details from the announcement indicate significant improvements in profitability and operational efficiency. EBITDA for the quarter stood at ₹335.89 Crore, marking a 7.7% growth over the previous year’s Q1. Profit Before Tax (PBT) also experienced an upward trend, increasing by 5.1% to ₹325.75 Crore.
Market Conditions and Outlook
Commenting on the results, Mr. Pravin Chaudhari, Managing Director, noted that demand in both the Decorative and Industrial segments remained healthy during the quarter, supported by a late monsoon. Despite prevailing geopolitical situations and increased raw material costs attributed to supply chain disruptions and currency depreciation, the company has implemented price increases to mitigate inflationary impacts. KNPL anticipates continued strong demand in the latter half of the year, further boosted by the Diwali festive season.
Industry Context
The Indian paint industry is estimated at approximately ₹82,500 crore as of March 2026. Growth in sectors such as infrastructure, core industries, automotive, and real estate is expected to positively influence overall paint demand in the long term.
About Kansai Nerolac Paints Limited
Kansai Nerolac Paints, with over a century of experience, is a leading paint manufacturer in India, particularly strong in the industrial paints segment. The company operates nine manufacturing units and boasts an extensive dealer network across the country, offering a diverse range of decorative and industrial coatings.
Source: BSE