Kansai Nerolac Paints Ltd. (KANSAINER) has been a steady presence in the Indian paints industry. This page covers the key numbers: revenue, profitability, valuation, and how ownership has shifted.
Kansai Nerolac Paints Revenue Trend
Revenue for FY2026 came in at ₹8,198 Cr, reflecting a 4.8% increase over the prior year.
Over a 10-year horizon, the top line grew at 7.8% per year, from ₹3,870 Cr to ₹8,198 Cr. Solid momentum, though it keeps the company outside the high-growth bracket.
With ₹8,198 Cr in annual revenue, Kansai Nerolac Paints Ltd. occupies a solid mid-tier position in the Indian paints market.
| Year | Revenue | YoY % |
|---|---|---|
| FY2026 | ₹8,198 Cr | +4.8% |
| FY2025 | ₹7,823 Cr | -0.9% |
| FY2024 | ₹7,893 Cr | +4.3% |
| FY2023 | ₹7,569 Cr | +18.4% |
| FY2022 | ₹6,395 Cr | — |
View Kansai Nerolac Paints Ltd.'s full 10-year revenue trend with CAGR analysis →
Kansai Nerolac Paints Profitability
Net profit fell sharply in FY2026, dropping 49.6% to ₹576 Cr from ₹1,143 Cr in the prior year.
The net profit margin contracted significantly in FY2026, falling to 7.0% from 14.6% a year earlier.
Diluted EPS for FY2026 came in at ₹7.28, a meaningful step down from the ₹14.12 reported in FY2025.
Is Kansai Nerolac Paints Undervalued
Based on the P/E Ratio model, Kansai Nerolac Paints Ltd.'s fair value works out to ₹329, which is 62.8% upside from where it trades today.
Shares of Kansai Nerolac Paints Ltd. are currently trading at ₹202.32.
Beyond the P/E model, Craytheon runs the EPS Growth and DCF models to arrive at intrinsic value. The full breakdown, including assumptions, is available in the detailed analysis.
| Model | Est. Fair Value | vs. Current Price |
|---|---|---|
| P/E Ratio | ₹329 | 62.8% upside to fair value |
| EPS Growth | Upgrade | Upgrade |
| DCF | Upgrade | Upgrade |
See all valuation models for Kansai Nerolac Paints Ltd. with detailed assumptions →
Kansai Nerolac Paints Shareholding Pattern
Promoter holding has stayed at 75.0% across 4 consecutive quarters, a sign that the controlling group sees no reason to reduce its stake.
Over the past year, foreign institutions trimmed their stake to 3.6% from 5.4%.
Domestic institutional investors have added to their position, with the DII stake rising to 11.9% as of March 2026 from 10.2% a year earlier.
| Quarter | Promoter | FII | DII | Public |
|---|---|---|---|---|
| Mar 2026 | 75.0% | 3.6% | 11.9% | 9.5% |
| Dec 2025 | 75.0% | 5.2% | 10.4% | 9.4% |
| Sep 2025 | 75.0% | 5.6% | 10.0% | 9.4% |
| Jun 2025 | 75.0% | 5.4% | 10.2% | 9.4% |
Track quarterly shareholding changes for Kansai Nerolac Paints Ltd. →
Kansai Nerolac Paints Balance Sheet
Proportional view as of 13 Jul 2026. Hover blocks for details.
Assets
Liabilities & Equity
FY2026 total assets: ₹87.11B (up 6.0% YoY from ₹82.17B).
Top categories: Cash & ST Investments (29.4%), Property, Plant & Equipment (25.9%), Inventories (17.6%).
Of the ₹87.11B in liabilities and equity, 76.8% is shareholder equity, 3.5% is interest-bearing debt, and 19.7% is operating liabilities. Over the year, debt is up 2.1% and equity is up 4.4%.
Balance sheet composition — FY 2026
| Category | Value |
|---|---|
| Cash & ST Investments | 25.58B |
| Receivables | 14.67B |
| Inventories | 15.30B |
| Property, Plant & Equipment | 22.56B |
| Investments | 38.70M |
| Intangibles & Goodwill | 580.90M |
| Other Assets | 8.38B |
| Category | Value |
|---|---|
| Equity | 66.89B |
| Short-term Debt | 1.22B |
| Long-term Debt | 1.81B |
| Trade Payables | 11.65B |
| Other Liabilities | 5.55B |
What Stands Out About Kansai Nerolac Paints
The takeaway on Kansai Nerolac Paints Ltd. (KANSAINER) from the latest available financials is as follows.
FY2026 revenue reached ₹8,198 Cr, up 4.8% from the prior year.
The 10-year revenue CAGR stands at 7.8% per annum, reflecting consistent but measured growth over the period.
Profitability has taken a hit, but the company remains in the black with a net margin of 7.0% and net income of ₹576 Cr.
The P/E Ratio model implies 62.8% upside to fair value from the current price. The remaining two models are worth cross-checking before drawing a conclusion — sign up to see the full analysis.
Unlock Full Analysis
For the complete 10-year financial history with interactive charts and growth analysis, explore Kansai Nerolac Paints Ltd.'s detailed profile on Craytheon.