Kansai Nerolac Paints
236.86
+1.41(+0.60%)
Market Cap₹19,035.90 Cr
PE Ratio29.84
Company Performance:
1D+0.60%
1M-4.53%
6M+3.69%
1Y-19.79%
5Y-28.68%
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More news about Kansai Nerolac Paints
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.
Kansai Nerolac Paints
236.86
+1.41
(+0.60%)
1 Year Returns:-19.79%
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