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Latest news about Kansai Nerolac Paints

Kansai Nerolac Paints Executive Director Hirokazu Kotera Resigns Following Promoter Directions 2 hrs ago Yesterday

Kansai Nerolac Paints Limited announced the resignation of Executive Director Hirokazu Kotera, effective March 31, 2026, following directions from promoter company Kansai Paint Co. Ltd., Japan. The Board accepted the resignation during their February 3, 2026 meeting and appreciated Kotera's service contributions. The company has complied with all regulatory disclosure requirements under SEBI regulations.

Kansai Nerolac Paints Grants 3,313 Restricted Stock Units to Selected Employees Under RSU Plan 2022 2 hrs ago Yesterday

Kansai Nerolac Q3 FY26: EBITDA Margin Drops to 13% Despite Revenue Growth 4 hrs ago Yesterday

Kansai Nerolac Paints Allots 3,771 Equity Shares Under RSU Plan 2022 5 days ago

Kansai Nerolac Paints Announces Q3FY26 Results Conference Call for February 4, 2026 6 days ago

More news about Kansai Nerolac Paints

29Dec 25

Kansai Nerolac Faces ₹80.29L Tax Penalty Order for ITC Disallowance

Kansai Nerolac Paints Limited has received a tax penalty order of ₹80.29 lakh from the Deputy Commissioner of State Tax, Mumbai. The penalty is for partial disallowance of Input Tax Credit claimed during FY 2021-22 in Maharashtra. The company plans to appeal against the order and does not expect it to have a material impact on its financial performance, operations, or other business activities.

24Dec 25

Kansai Nerolac Paints Announces Board Meeting for Q3 FY26 Results on February 3, 2026

Kansai Nerolac Paints Limited has announced a board meeting on February 3, 2026, to consider unaudited standalone and consolidated financial results for Q3 FY26. The company has implemented a trading window closure for designated persons from January 1-5, 2026, in compliance with SEBI regulations, while maintaining transparency through proper regulatory communications to both BSE and NSE.

16Dec 25

Kansai Nerolac Sells 60% Stake in Sri Lankan Unit

Kansai Nerolac Paints has divested 60% of its shareholding in Kansai Paints Lanka, its Sri Lankan subsidiary. This strategic move marks a significant change in the company's international operations, particularly in the South Asian region. The divestment is part of a broader corporate restructuring strategy, potentially allowing Kansai Nerolac to reallocate resources while maintaining a presence in the Sri Lankan market through its remaining stake.

11Dec 25

Kansai Nerolac Completes Sri Lankan Unit Divestment

Kansai Nerolac Paints Limited has divested its entire 60% stake in Kansai Paints Lanka (Private) Limited to Atire Private Limited for LKR 18 lakh (₹5.25 lakh). The transaction, approved on December 11 and executed on December 16, marks Kansai Nerolac's complete exit from Sri Lankan operations. The subsidiary contributed minimally to Kansai Nerolac's financials, with a turnover of LKR 2.03 crores (0.008% of consolidated turnover) and a negative net worth of LKR 6.44 crores. Atire Private Limited is part of Anunine Holdings, a Sri Lankan conglomerate. The deal complies with SEBI Listing Regulations and is not a related party transaction.

06Nov 25

Kansai Nerolac Paints Unveils Financial Targets and Capex Plans

Kansai Nerolac Paints has outlined its financial goals and capital expenditure plans. The company aims for EBITDA margins of 13-14% in the short term, 15% in the long term, and above 13% for FY26. It plans to invest over ₹200 crores for regular activities. Management expects improved growth in Q4 FY26 across both decorative and industrial segments.

03Nov 25

Kansai Nerolac Paints Outlines Growth Strategy Amid Challenging Market Conditions

Kansai Nerolac Paints Limited reported mixed Q2 results with a 0.4% increase in net revenue to ₹1,871.02 crore, but declines in EBITDA (-1.5%) and PBT (-4.0%). The company saw growth in automotive and performance coating segments, while decorative segment was affected by extended monsoons. Kansai Nerolac plans to expand in decorative paints, waterproofing, and construction chemicals, add over 2,500 new dealers, and launch premium products. The company faces challenges from extended monsoons and geopolitical uncertainties but sees opportunities in benign raw material prices and potential infrastructure boost.

03Nov 25

Kansai Nerolac Paints Reports Marginal Revenue Growth Amid Challenging Market Conditions

Kansai Nerolac Paints Limited reported Q2 net revenue of ₹1,871.02 crore, up 0.4% YoY, but profit before tax decreased 4.0% to ₹184.39 crore. Automotive and Performance Coating segments showed growth, while Decorative segment faced challenges due to extended monsoons. Half-year net revenue increased 1.1% to ₹3,958.44 crore, with EBITDA and PBT declining 4.7% and 4.1% respectively. The company anticipates momentum in Automotive and Performance Coatings segments, with gradual recovery expected in Decorative segment.

09Oct 25

Kansai Nerolac Paints Expands Industrial Operations with New Chennai Billing Center

Kansai Nerolac Paints has started billing from Chennai for its industrial operations, expanding its industrial business activities in southern India. The company now has 116 sales depots nationwide, enhancing its operational footprint and service delivery capabilities for industrial clients.

26Aug 25

Kansai Nerolac Paints Extends Rs 45 Crore Loan to Wholly Owned Subsidiary Nerofix

Kansai Nerolac Paints has agreed to provide an unsecured loan of Rs 45.00 crore to its wholly owned subsidiary, Nerofix Private Limited. The loan carries an interest rate of 8.50% per annum, subject to annual revision, with a tenure of 5 years. Interest is payable quarterly. This related party transaction, conducted at arm's length, has been disclosed to stock exchanges in compliance with SEBI regulations.

20Aug 25

Kansai Nerolac Sees Rs 24.38 Crore Block Trade on NSE

A block trade of approximately 1,002,300 shares of Kansai Nerolac Paints was executed on the National Stock Exchange (NSE) at Rs 243.25 per share, totaling Rs 24.38 crore. The transaction indicates significant interest in the company's stock and could potentially signal changes in institutional holdings or strategic investor moves.

11Aug 25

Kansai Nerolac Paints to Merge Wholly Owned Subsidiary Nerofix Private Limited

Kansai Nerolac Paints Limited has approved a scheme to merge its wholly owned subsidiary, Nerofix Private Limited, effective April 1, 2025. Nerofix, operating in adhesives and paint-related products, had a turnover of Rs. 125.33 crore compared to Kansai Nerolac's Rs. 7,496.71 crore. The merger aims to achieve synergies, economies of scale, and growth opportunities. No share exchange or cash consideration is involved, and Kansai Nerolac's shareholding pattern remains unchanged. The merger is subject to regulatory and shareholder approvals.

08Aug 25

Kansai Nerolac Reports Modest Growth Amid Challenges in Q1

Kansai Nerolac Paints reported modest growth in Q1 financial results. Standalone revenue grew by 1.80% and consolidated revenue by 1.40% year-over-year. The decorative segment saw flat volume growth, while the industrial segment showed higher single-digit growth. The company faced challenges including early monsoon impact, geopolitical tensions, and losses from Bangladesh operations. Strategic initiatives include capacity expansion and new product launches. Management expects improved performance in Q2 due to earlier Diwali timing and increased construction activity.

04Aug 25

Kansai Nerolac Paints Expands in Sri Lanka, Reports Modest Q1 Growth

Kansai Nerolac Paints announced a LKR 300 million (approx. Rs 9.00 crore) investment in its Sri Lankan subsidiary. Q1 results show net revenue up 1.8% to Rs 2,087.42 crore, EBITDA down 6.7% to Rs 311.97 crore, and PBT down 4.1% to Rs 310.08 crore. The company expects improved decorative demand due to favorable monsoon and early Diwali. Industrial segment growth is anticipated to continue. The domestic paint industry in India is estimated to reach Rs 77,500 crore by March 2025.

04Aug 25

Kansai Nerolac Reports 1.8% Revenue Growth Amid Mixed Market Conditions

Kansai Nerolac Paints Limited announced Q1 financial results with net revenue of Rs 2,087.42 crore, up 1.8% year-over-year. EBITDA decreased by 6.7% to Rs 311.97 crore, and Profit Before Tax fell 4.1% to Rs 310.08 crore. The decorative segment showed revival signs but was impacted by early monsoons. Automotive segment outperformed the market, while performance coatings registered strong growth. Raw material prices remained benign, but forex volatility continued to affect operations. The company anticipates improved decorative demand due to favorable monsoon and early Diwali, along with continued growth in the industrial segment.

25Jul 25

Kansai Nerolac Paints Announces CFO Transition: P.D. Pai to Retire, Yash Ahuja to Take the Helm

Kansai Nerolac Paints Limited announces CFO transition. P.D. Pai, serving for 36 years, will retire on July 31, 2025. Yash Ahuja, with 24 years of finance experience, will assume the CFO role from August 1, 2025. Ahuja, currently Senior VP - Finance, will also become Chief Risk Officer. The company updated its Key Managerial Personnel structure and authorization for determining materiality of events.

20Jun 25

Kansai Nerolac Paints: Last Day to Secure Dividend Eligibility

Kansai Nerolac Paints has declared a total dividend of Rs 3.75 per share, comprising a final dividend of Rs 2.50 and a special dividend of Rs 1.25. June 20 is the last day to buy shares to qualify for the dividend. The record date is set for June 23. The total payout is expected to be approximately Rs 303.00 crore. Shares will likely trade ex-dividend the day after the last purchase date.

07May 25

Kansai Nerolac Paints Reports Strong Q4 FY23 Results with Profit and Revenue Growth

Kansai Nerolac Paints announced impressive Q4 FY23 financial results. Net profit increased to ₹1.23 billion from ₹1.01 billion year-over-year. Revenue rose to ₹17.40 billion from ₹16.62 billion in the same period last year. The company declared a dividend of ₹3.75 per equity share.

06May 25

Kansai Nerolac Paints: Q4 Revenue Up, Margins Squeezed

Kansai Nerolac Paints announced Q4 FY25 results with revenue up 2.7% YoY to ₹1,817.00 crore, but net profit down 6.5% to ₹108.50 crore. EBITDA margin contracted by 100 bps to 9.10%. Full-year revenue increased 1.4% to ₹7,496.70 crore. The company declared a dividend of ₹3.75 per equity share for FY25. Management cited strong performance in decorative and automotive segments, with forex volatility impacting margins.

10Apr 25

Kansai Nerolac Paints Appoints New Managing Director for 2025

Kansai Nerolac Paints has announced Pravin Chaudhari as its new Managing Director, effective April 10, 2025. Chaudhari, with over 30 years of industry experience and a 32-year association with the company, will succeed Anuj Jain. Previously an Executive Officer at Kansai Paint Co Ltd in Japan, Chaudhari brings international exposure to the role. This early announcement, made nearly two years in advance, demonstrates the company's proactive approach to succession planning.

05Mar 25

Kansai Nerolac Paints Sees Significant Reduction in Tax Demand

Kansai Nerolac Paints has received significant tax relief, with its tax demand reduced from ₹783 million to ₹151.6 million, an 80.6% reduction. The initial demand was raised due to discrepancies in Input Tax Credit claims for FY 2017-18. The company plans to appeal further to the GST Tribunal, asserting it has relevant records to support its claims. This development could positively impact the company's financial position, subject to the final outcome of the planned appeal.