Kansai Nerolac Paints Limited has released its financial results for the quarter and financial year ended March 31, 2026. The company reported a net revenue of ₹1,873.4 crore for the fourth quarter, marking a 7.6% growth compared to the same period last year. For the full fiscal year, the company achieved a net revenue of ₹7,739.2 crore. The Board has recommended a dividend of 250% (₹2.50 per share) for the fiscal year.
Quarterly and Annual Performance
During the fourth quarter (January–March 2026), Kansai Nerolac Paints recorded a net revenue of ₹1,873.4 crore, reflecting a robust growth of 7.6% over the corresponding quarter of the previous year. The EBIDTA for the quarter stood at ₹215.1 crore, representing a growth of 21.0%. Profit Before Tax (PBT) before exceptional items reached ₹184.7 crore, up 12.8%.
For the full financial year 2025-26, the company reported a net revenue of ₹7,739.2 crore, a 3.2% increase over the previous year. EBIDTA for the year was ₹986.2 crore, a 1.2% growth, while PBT before exceptional items was ₹898.9 crore.
Strategic Dividend Recommendation
The Board of Directors has recommended a total dividend of 250%, which translates to ₹2.50 per share, for the financial year ended March 31, 2026. This follows the previous year’s dividend of 375% (₹3.75 per share), which had included a special dividend of 125%.
Management Commentary and Outlook
Managing Director Mr. Pravin Chaudhari stated that the company experienced a sustained demand revival in the decorative segment, while industrial demand remained robust, led by the automotive sector. Despite facing inflationary pressure on raw material costs due to global geopolitical factors and currency depreciation, the company has implemented price increases to mitigate these impacts. Looking ahead, the company remains optimistic about the long-term potential of the domestic paint industry, supported by growth in infrastructure, core sectors, real estate, and automotive demand.
Source: BSE
