Kansai Nerolac Paints cash flow

Latest FY26

Cash from operations: ₹894cr+33.0% on FY25
Capital spending: ₹213cr−34.7% on FY25
Free cash flow: ₹681cr+96.9% on FY25
Cash from financing: −₹403cr−₹366 cr in FY25

₹ crore except per share

Tap a line for its trend	Last 12Mto Jun 2026	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus

Changes in working capital
Adjustments to reconcile profit — non-cash items						FY22 and earlierEvery year the company has filed comes with Alpha Plus.
	—	228	202	190	180
	—	4.8	51.1	4.9	2.4
	—	32.3	31.3	29.2	29.0
	—	−11.0	0.0	−4.5	−2.8
	—	−0.0	−0.0	−0.0	−0.0
	—	−47.2	0.0	−24.6	−6.5
	—	6.1	−1.5	12.2	3.8
	—	1.3	−0.7	−1.6	−1.1
	—	0.0	0.0	−8.2	−6.6
	—	0.0	0.0	−703	0.0
	—	−10.5	−789	0.0	0.0
	—	125	22.4	41.7	−99.6
	—	−125	−41.5	−102	−147
	—	0.0	0.0	1.2	17.2
	—	0.0	−60.4	52.6	−35.6
	—	0.0	0.0	−3.3	−31.5
	—	0.0	0.0	0.2	0.0
	—	117	50.6	81.7	33.4
	—	0.0	0.0	0.4	19.6
	—	0.0	−11.7	4.0	2.5
	—	0.0	0.0	10.9	2.8
	—	0.0	0.0	1.2	−0.0
Cash from operating activities
	814	797	1,478	1,561	635
	—	320	−548	−416	−40.1
	—	1,117	930	1,145	595
	—	223	258	242	187
	—	894	672	903	408
Cash from investing activities
	—	213	326	237	123
	—	0.6	505	0.5	1.7
	—	0.0	0.0	499	162
	—	0.0	0.0	0.3	−2.2
	—	0.0	0.0	110	0.0
	—	0.0	0.0	0.0	0.0
	—	11.0	9.4	4.5	2.8
	—	0.0	0.0	141	0.0
	—	−181	−567	−826	−268
	—	−383	−379	−590	−227
Cash from financing activities
	—	0.0	15.0	15.0	0.0
	—	30.0	12.0	57.5	21.8
	—	56.9	0.0	0.0	37.0
	—	—	—	44.7	0.0
	—	13.3	15.5	16.1	18.6
	—	303	303	146	55.2
	—	0.0	−50.5	0.0	0.0
	—	−403	−366	−249	−133
	—	108	−72.4	64.4	48.7
	—	0.0	0.0	1.0	0.0
	—	108	−72.4	65.4	48.7
	—	—	—	102	37.6
Reference items
	1,000	975	942	1,028	818
	12.1%	12.1%	12.1%	13.2%	10.8%
	681	681	346	666	285
	—	633	328	611	—
	₹8.42	₹8.42	₹4.28	₹8.24	₹3.53
	21.26×	—	—	—	—
	—	1.55×	0.61×	0.77×	0.87×
	—	223	258	242	187
	—	13.3	15.5	16.1	18.6

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

KANSAINER₹179.06

Kansai Nerolac Paints Ltd.

· Consumer Goods

₹ CrorePeersASIANPAINT BERGEPAINT INDIGOPNTS IFBIND PCJEWELLER PNGJL EUREKAFORB ETHOSLTDMcap ₹14,481 Cr

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In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Last 12M 30/06/2026
Adjustments to Reconcile Profit — Non-cash Items
+ Depreciation & Amortisation	180.1	190.5	201.7	228.1	—
+ Impairment Loss / (Reversal)	2.4	4.9	51.1	4.8	—
+ Finance Costs	29.0	29.2	31.3	32.3	—
+ Interest Income	-2.8	-4.5	0.0	-11.0	—
+ Dividend Income	-0.0	-0.0	-0.0	-0.0	—
+ Fair Value (Gains) / Losses	-6.5	-24.6	0.0	-47.2	—
+ Share-based Payments	3.8	12.2	-1.5	6.1	—
+ Unrealised FX (Gain) / Loss	-1.1	-1.6	-0.7	1.3	—
+ Other Non-cash Items	-6.6	-8.2	0.0	0.0	—
+ Other — Cash Effects are Investing / Financing	0.0	-702.6	0.0	0.0	—
+ Other Reconciling Items	0.0	0.0	-789.2	-10.5	—
Changes in Working Capital
+ Inventories	-99.6	41.7	22.4	124.7	—
+ Trade Receivables — Current	-147.0	-101.8	-41.5	-125.3	—
+ Other Financial Assets — Current	17.2	1.2	0.0	0.0	—
+ Other Current Assets	-35.6	52.6	-60.4	0.0	—
+ Other Non-current Assets	-31.5	-3.3	0.0	0.0	—
+ Other Bank Balances	0.0	0.2	0.0	0.0	—
+ Trade Payables — Current	33.4	81.7	50.6	117.2	—
+ Other Financial Liabilities — Current	19.6	0.4	0.0	0.0	—
+ Other Current Liabilities	2.5	4.0	-11.7	0.0	—
+ Provisions — Current	2.8	10.9	0.0	0.0	—
+ Provisions — Non-current	-0.0	1.2	0.0	0.0	—
Cash from Operating Activities
Profit Before Tax (per I/S)	634.9	1,561.2	1,478.0	797.0	814.0
+ Total Adjustments (incl. Working Capital)	-40.1	-416.1	-548.0	320.4	—
Cash from Operations (pre-tax)	594.8	1,145.1	930.0	1,117.4	—
+ Income Taxes Paid	186.6	242.1	257.6	223.0	—
Cash from Operating Activities	408.3	903.0	672.4	894.4	—
Cash from Investing Activities
+ Acq of Fixed Assets (Capex)	123.2	237.0	326.3	213.1	—
+ Disp of Fixed Assets	1.7	0.5	505.4	0.6	—
+ Disp of Investment Property	162.1	499.1	0.0	0.0	—
+ Disp of Other Long-term Assets	-2.2	0.3	0.0	0.0	—
+ Loans & Advances Repaid	0.0	109.9	0.0	0.0	—
+ Dividends Received — Investing	0.0	0.0	0.0	0.0	—
+ Interest Received — Investing	2.8	4.5	9.4	11.0	—
+ Income Taxes (Paid) / Refund — Investing	0.0	141.4	0.0	0.0	—
+ Other Inflows / (Outflows) — Investing	-268.2	-825.6	-567.1	-181.2	—
Cash from Investing Activities	-226.9	-589.8	-378.6	-382.7	—
Cash from Financing Activities
+ Proceeds from Borrowings	0.0	15.0	15.0	0.0	—
+ Repayment of Borrowings	21.8	57.5	12.0	30.0	—
+ Payment of Lease Liabilities	37.0	0.0	0.0	56.9	—
+ Payment of Finance Lease Liabilities	0.0	44.7	—	—	—
+ Interest Paid	18.6	16.1	15.5	13.3	—
+ Dividends Paid	55.2	145.5	303.1	303.2	—
+ Other Inflows / (Outflows) — Financing	0.0	0.0	-50.5	0.0	—
Cash from Financing Activities	-132.6	-248.8	-366.1	-403.3	—
Net Changes in Cash (pre-FX)	48.7	64.4	-72.4	108.4	—
+ Effect of FX Rate Changes on Cash	0.0	1.0	0.0	0.0	—
Net Changes in Cash	48.7	65.4	-72.4	108.4	—
Closing Cash	37.6	102.0	—	—	—
Reference Items
EBITDA	818.0	1,027.8	942.3	974.6	999.8
EBITDA Margin %	10.84	13.17	12.05	12.10	12.10
Free Cash Flow (CFO − Capex)	285.1	666.0	346.1	681.3	681.3
Free Cash Flow to Equity	—	610.6	327.7	632.9	—
Free Cash Flow per Basic Share	3.53	8.24	4.28	8.42	8.42
Price to Free Cash Flow	—	—	—	—	21.26
Cash Flow to Net Income	0.87	0.77	0.61	1.55	—
Cash Paid for Taxes	186.6	242.1	257.6	223.0	—
Cash Paid for Interest	18.6	16.1	15.5	13.3	—

As filed, sign as filed: a payment tagged as a positive magnitude in the filing stays positive here, so read the label, not the sign. A line appears only when the company tagged that concept in at least one period shown — depth follows the filer, so a thin statement means a thin filing. Total Adjustments is the filer's own grand total of the reconciliation and spans BOTH the non-cash items and the working-capital block; Profit Before Tax plus it equals Cash from Operations (pre-tax). It can be reported when its components are not, so it is never a sum of the rows above it. No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.