Kansai Nerolac Paints' Q1 FY 2026-27 Quarterly Results

Result Summary

• Kansai Nerolac Paints Ltd reported a 22.4% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 9.7%.
• Its expenses for the quarter were up by 17.1% QoQ and 10.3% YoY.
• The net profit increased 107.9% QoQ and increased 5.9% YoY.
• The earnings per share (EPS) of Kansai Nerolac Paints Ltd stood at 2.86 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Kansai Nerolac Paints Ltd is a leading company in the paints and coatings industry, primarily involved in the manufacturing and distribution of a wide range of paints, including decorative paints, industrial coatings, and performance coatings. The company operates predominantly in India and is known for its innovative solutions and extensive product range, catering to both retail and industrial customers. In recent years, Kansai Nerolac has focused on expanding its market presence and enhancing its product offerings to meet the evolving needs of its diverse customer base. However, specific recent developments or strategic initiatives undertaken by the company outside the scope of the provided data are not available.

Revenue

In Q1FY27, Kansai Nerolac Paints Ltd reported a total income of ₹2428.53 crores, marking a significant increase of 22.4% from the previous quarter (Q4FY26) where the total income stood at ₹1983.40 crores. Comparing year-over-year, the total income has grown by 9.7% from Q1FY26, which recorded an income of ₹2214.64 crores. This data indicates a consistent upward trajectory in revenue generation for the company over the past year. The growth in revenue can be attributed to various factors, including increased demand for paints and coatings, potential expansion in market reach, or introduction of new products.

Profitability

The company's profitability metrics demonstrate a notable improvement in Q1FY27. The profit before tax (PBT) for this quarter was ₹312.46 crores, reflecting a substantial growth of 97.2% compared to the previous quarter's PBT of ₹158.44 crores. Year-over-year, the PBT increased by 5.8% from ₹295.46 crores in Q1FY26. After accounting for taxes, the profit after tax (PAT) for Q1FY27 was ₹228.41 crores, which shows an impressive rise of 107.9% quarter-over-quarter and a 5.9% increase year-over-year. The earnings per share (EPS) also improved, rising from ₹1.39 in Q4FY26 to ₹2.86 in Q1FY27, and up from ₹2.73 in Q1FY26, representing a 105.8% QoQ and 4.8% YoY increase. These figures reflect a strong financial performance over the measured periods.

Operating Metrics

Total expenses for Kansai Nerolac Paints Ltd in Q1FY27 amounted to ₹2116.07 crores, which signifies a 17.1% increase from the previous quarter's expenses of ₹1806.53 crores. Year-over-year, expenses rose by 10.3% from ₹1919.18 crores in Q1FY26. The tax expense for the latest quarter was ₹84.05 crores, up 73.1% from ₹48.55 crores in the previous quarter and a 5.2% increase from ₹79.87 crores the year before. These changes indicate shifts in the company's cost structure and tax liabilities over time. Although specific financial ratios such as P/E ratio, debt-to-equity ratio, or current ratio are not available based on the provided data, the significant changes in expenses and tax could influence these metrics. The analysis of these operating metrics is essential for understanding the underlying dynamics of the company's operational efficiency and financial health.