| ₹ crore | Q1 FY27 | Q1 FY26 | Change |
|---|---|---|---|
| Revenue | 2,374 | 2,162 | +9.8% |
| EBITDA | 328 | 303 | +8.3% |
| EBITDA margin | 13.8% | 14.0% | −0.2 pts |
| Profit before tax | 312 | 295 | +5.8% |
| Net profit | 228 | 216 | +5.9% |
| EPS | ₹2.86 | ₹2.73 | +4.8% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 14,616 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 2,558 | 2,558 | 1,940 | 1,495 | 603 | ||
| −24.9 | −24.9 | −18.7 | 16.0 | 26.7 | ||
| 82.7 | 82.7 | 118 | 121 | 160 | ||
| 12,116 | — | — | — | — | ||
| 8,263 | 8,052 | 7,823 | 7,801 | 7,543 | ||
| — | +2.9% | +0.3% | +3.4% | — | ||
| 1,000 | 975 | 942 | 1,028 | 818 | ||
| 12.1% | 12.1% | 12.1% | 13.2% | 10.8% | ||
| 762 | 746 | 741 | 837 | 638 | ||
| 589 | 576 | 1,109 | 1,176 | 468 | ||
| 7.1% | 7.2% | 14.2% | 15.1% | 6.2% | ||
| ₹7.42 | ₹7.29 | ₹14.13 | ₹14.66 | ₹5.86 | ||
| — | −48.4% | −3.6% | +150.3% | — | ||
| — | 894 | 672 | 903 | 408 | ||
| — | −213 | −326 | −237 | −123 | ||
| 681 | 681 | 346 | 666 | 285 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 14,616.4 | |
| - Cash, Equiv & ST Investments | 602.7 | 1,495.1 | 1,940.0 | 2,558.2 | 2,558.2 | |
| + Minority Interest | 26.7 | 16.0 | -18.7 | -24.9 | -24.9 | |
| + Total Debt | 160.0 | 120.7 | 117.8 | 82.7 | 82.7 | |
| Enterprise Value | — | — | — | — | 12,116.0 | |
| Revenue | 7,542.7 | 7,801.4 | 7,823.0 | 8,051.9 | 8,263.5 | |
| Growth %, YoY | — | +3.4 | +0.3 | +2.9 | — | |
| EBITDA | 818.0 | 1,027.8 | 942.3 | 974.6 | 999.8 | |
| Margin % | 10.84 | 13.17 | 12.05 | 12.10 | 12.10 | |
| EBIT | 637.9 | 837.3 | 740.6 | 746.5 | 761.8 | |
| Net Income | 468.5 | 1,175.9 | 1,109.3 | 575.8 | 588.7 | |
| Margin % | 6.21 | 15.07 | 14.18 | 7.15 | 7.12 | |
| EPS, Adj (current shares) | 5.86 | 14.66 | 14.13 | 7.29 | 7.42 | |
| Growth %, YoY | — | +150.3 | -3.6 | -48.4 | — | |
| Cash from Operations | 408.3 | 903.0 | 672.4 | 894.4 | — | |
| Capital Expenditures | -123.2 | -237.0 | -326.3 | -213.1 | — | |
| Free Cash Flow | 285.1 | 666.0 | 346.1 | 681.3 | 681.3 | |
Prices at the 29 October 2026 close · figures from the company's filings with NSE
Kansai Nerolac Paints (NSE: KANSAINER) had a market capitalisation of ₹14,481 crore at the 29 October 2026 close (₹179.06 a share), a PE ratio of 24.1 on the last four quarters' profit and a price-to-book ratio of 2.16. In FY26 its consolidated net profit attributable to shareholders was ₹589 crore on revenue of ₹8,052 crore; in Q1 FY27 (April–June 2026) it was ₹232 crore, up 4.8% year on year. Its debt-to-equity ratio was 0.01 on 31 March 2026. Promoters held 74.95% of the shares on 30 September 2026.
Kansai Nerolac Paints' PE ratio is 24.1 at the 29 October 2026 close (₹179.06 a share): a market capitalisation of ₹14,481 crore divided by consolidated net profit attributable to shareholders of ₹600 crore over the last four quarters (Q2 FY26 to Q1 FY27). On FY26 net profit attributable to shareholders (₹589 crore) it is 24.6.
Kansai Nerolac Paints' price-to-book (PB) ratio is 2.16 at the 29 October 2026 close: a market capitalisation of ₹14,481 crore divided by shareholders' equity (book value) of ₹6,714 crore on 31 March 2026. That is a book value of ₹83.02 per share against a share price of ₹179.06.
Kansai Nerolac Paints' net worth — shareholders' equity in its consolidated balance sheet — was ₹6,714 crore on 31 March 2026, up 4.5% from ₹6,423 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹14,481 crore at the 29 October 2026 close.
Kansai Nerolac Paints' market capitalisation was ₹14,481 crore at the 29 October 2026 close: 80.87 crore shares at ₹179.06 each.
Kansai Nerolac Paints' basic earnings per share (EPS) were ₹7.29 in FY26, against ₹14.14 in FY25. Over the last four quarters (Q2 FY26 to Q1 FY27) they add up to ₹7.42.
In 2026, Kansai Nerolac Paints has declared one dividend: ₹2.50 with record date 29 June 2026.
No. Kansai Nerolac Paints had borrowings of ₹82.7 crore on 31 March 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.01. Its cash and current investments were ₹2,587 crore, so it held net cash of ₹2,505 crore.
Kansai Nerolac Paints' debt-to-equity ratio was 0.01 on 31 March 2026: borrowings of ₹82.7 crore against total equity of ₹6,689 crore. A year earlier, on 31 March 2025, it was 0.02.
Kansai Nerolac Paints' book value per share was ₹83.02 on 31 March 2026: shareholders' equity of ₹6,714 crore divided by the 80.87 crore shares in issue, up 4.5% from ₹79.46 a year earlier. The share price at the 29 October 2026 close was ₹179.06.
In FY26, Kansai Nerolac Paints' return on equity (ROE) was 9.0% and its return on capital employed (ROCE) was 10.8%. ROE is net profit attributable to shareholders divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 19.0% and ROCE 11.7%.
Kansai Nerolac Paints' dividend yield is 1.40% at the 29 October 2026 close: dividends of ₹2.50 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹179.06. They were ₹2.50 on 29 June 2026.
On 30 September 2026, Kansai Nerolac Paints' shares were held by promoters 74.95%, foreign portfolio investors (FII/FPI) 3.93%, domestic institutions (DII) 12.14% (including mutual funds at 4.58%) and retail and other non-institutional investors 8.98%. Over the year, FII holding was down 1.67 percentage points from 5.60% and DII holding was up 2.10 percentage points from 10.04%.
Promoters held 74.95% of Kansai Nerolac Paints on 30 September 2026, down 0.01 percentage points from 74.96% the previous quarter and down 0.03 percentage points from 74.98% a year earlier, according to the shareholding pattern filed with NSE.
In FY26, Kansai Nerolac Paints generated ₹894 crore of cash from operations and spent ₹213 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹681 crore. In FY25 it was ₹346 crore.
Kansai Nerolac Paints' latest results are for Q1 FY27 (April–June 2026), filed on 3 August 2026: consolidated net profit attributable to shareholders ₹232 crore, up 4.8% from ₹221 crore in Q1 FY26; revenue from operations ₹2,374 crore, up 9.8% year on year.
In FY26 (April 2025–March 2026), Kansai Nerolac Paints' consolidated net profit attributable to shareholders was ₹589 crore, down 48.4% from ₹1,143 crore in FY25, on revenue from operations of ₹8,052 crore (up 2.9%). Over three years, from FY23, net profit was up 24.5%.
Kansai Nerolac Paints will announce its Q2 FY27 results (July–September 2026) on Wednesday, 4 November 2026, the date of the board meeting it has notified to the exchanges.
At the 29 October 2026 closing prices, on FY26 net profit attributable to shareholders, Kansai Nerolac Paints' PE ratio is 24.6, the lowest of the four: Asian Paints 51.0, Berger Paints India 48.3 and Indigo Paints 32.7, a peer average of 44.0. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Asian Paints, Berger Paints India and Indigo Paints: Kansai Nerolac Paints' operating margin of 9.3% is the lowest of the four (Asian Paints 15.4%, Berger Paints India 12.1%, Indigo Paints 13.9%; peer average 13.8%); its return on equity of 9.0% is the lowest of the four (Asian Paints 21.2%, Berger Paints India 17.2%, Indigo Paints 13.5%; peer average 17.3%); its revenue growth over three years of 2.2% a year is the third highest of the four (Asian Paints 1.1% a year, Berger Paints India 4.0% a year, Indigo Paints 9.4% a year; peer average 4.8% a year).
In FY26, Kansai Nerolac Paints earned net profit attributable to shareholders of ₹589 crore on revenue of ₹8,052 crore, against ₹4,325 crore on ₹35,584 crore for Asian Paints. Kansai Nerolac Paints' operating margin was 9.3% (Asian Paints 15.4%) and its return on equity 9.0% (Asian Paints 21.2%). At the 29 October 2026 close, Kansai Nerolac Paints' market capitalisation was ₹14,481 crore against ₹2,20,808 crore for Asian Paints, and its PE ratio on FY26 profit 24.6 against 51.0.
From Kansai Nerolac Paints' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 29 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.