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Kansai Nerolac Paints (500165) investor relations material
Kansai Nerolac Paints Q4 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved balanced growth in both Decorative and Industrial segments, with consolidated net revenue up 7.5% in Q4 and 2.9% for the full year, supported by premiumization, new product launches, and expansion into new business areas.
Enhanced brand visibility through impactful marketing, digital outreach, and strategic partnerships, earning multiple industry awards.
Continued investments in ESG initiatives, receiving top percentile ESG ratings and recognitions.
Audited standalone and consolidated financial results for Q4 and FY 2025-26 were approved with unqualified audit opinions.
Financial highlights
Q4 consolidated net revenue: ₹19,537.1 million, up 7.5% year-over-year; FY consolidated net revenue: ₹80,519.1 million, up 2.9%.
Q4 standalone revenue grew 7.6% year-over-year; PBIT up 21%, PBT before exceptional items up 12.8%.
Q4 consolidated PBDIT up 30.6%, PAT up 7.3%; FY PBDIT up 3.4%, PAT down 48.1% due to exceptional items.
Dividend of ₹2.50 per share recommended for FY 2025-26; CapEx for the year at ₹1,741 million.
Standalone net cash from operating activities: ₹885.35 crore; consolidated: ₹894.37 crore for FY 2025-26.
Outlook and guidance
Margin guidance for FY27 remains at 13%-14%, with a focus on maintaining or improving profitability.
Demand outlook positive if geopolitical tensions ease; otherwise, inflation and supply chain risks could impact growth.
Construction activity and government infrastructure focus expected to support demand.
- Leadership in automotive and strong growth across segments drive sustained performance.500165
Investor presentation24 Feb 2026 - Q3 revenue up 3.5% with strong industrial growth, stable margins, and one-time expense impact.500165
Q3 25/264 Feb 2026 - Q4 revenue up 4.7%, EBITDA margin at 13.0%, dividend held at ₹3.75 per share.500165
Q4 24/253 Feb 2026 - Profit and margins improved despite a 1% revenue dip, led by cost controls and premiumization.500165
Q1 24/252 Feb 2026 - Q2 profit fell on flat revenue; industrial and performance coatings outperformed.500165
Q2 24/2515 Jan 2026 - PAT surged on land sale as new products and ESG leadership drove Q3 growth; no debt.500165
Q3 24/2516 Dec 2025 - Q1 FY26 saw modest revenue growth but margin pressure and resilient industrial performance.500165
Q1 25/2623 Nov 2025 - Q2 revenue up 0.4% YoY, margin pressure persists; Automotive and Performance Coatings strong.500165
Q2 25/264 Nov 2025
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