{"id":143442,"date":"2023-03-29T07:09:44","date_gmt":"2023-03-29T11:09:44","guid":{"rendered":"https:\/\/44.250.171.167\/?p=143442"},"modified":"2023-03-29T07:09:46","modified_gmt":"2023-03-29T11:09:46","slug":"alphagraph-kansai-nerolac-paints-limited-nsekansainer-q3fy23-results-out-net-profit-fell-13-yoy","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/alphagraph-kansai-nerolac-paints-limited-nsekansainer-q3fy23-results-out-net-profit-fell-13-yoy\/","title":{"rendered":"Alphagraph | Kansai Nerolac Paints Limited (NSE:KANSAINER): Q3FY23 Results Out; Net Profit fell 13% YoY"},"content":{"rendered":"\n<p>Kansai Nerolac Paints Limited, is a subsidiary of Kansai Paint of Japan and is the largest industrial paint and third largest decorative paint company in India. The company is headquartered in Mumbai and is involved in the industrial, automotive, and powder coating businesses. Kansai Nerolac Paints Limited specializes in developing and supplying paint systems used in various industries such as electrical components, cycle, material handling equipment, bus bodies, containers, and furniture.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"804\" height=\"1024\" src=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa-804x1024.png\" alt=\"\" class=\"wp-image-143443\" srcset=\"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa-804x1024.png 804w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa-235x300.png 235w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa-768x978.png 768w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa-1206x1536.png 1206w, https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa-1608x2048.png 1608w\" sizes=\"auto, (max-width: 804px) 100vw, 804px\" \/><\/figure>\n\n\n\n<p>Kansai Nerolac Paints Ltd has announced its Q3FY23 results, reporting a net revenue of Rs 1,717.1 crore, which is a growth of 1.4% compared to the same quarter of the previous year. The company&#8217;s EBIDTA was Rs 188.5 crore, which is a de-growth of 10.2% over Q3FY22, and its PAT was Rs 112.3 crore, a de-growth of 15.2 % over Q3FY22. However, if we exclude the exceptional income of Rs 44.8 crore from the previous year&#8217;s Q3, the net revenue is up by 4.1%, EBITDA is up by 14.1%, and PAT is up by 13.5%. For the nine months period, the company earned a net revenue of Rs 5,475.9 crore, which is a growth of 20.7% over the same period of the previous year, with EBITDA at Rs 641.4 crore, a growth of 13.7%, and PAT at Rs 392.4 crore, a growth of 12.2%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kansai Nerolac Paints Limited, is a subsidiary of Kansai Paint of Japan and is the largest industrial paint and third largest decorative paint company in India. The company is headquartered in Mumbai and is involved in the industrial, automotive, and powder coating businesses. Kansai Nerolac Paints Limited specializes in developing and supplying paint systems used [&hellip;]<\/p>\n","protected":false},"author":1932,"featured_media":143443,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[392,5753],"tags":[9757],"class_list":["post-143442","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-earnings","category-industrials","tag-paint"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2023\/03\/1a8a4894-369e-4f3d-9879-a1fe26a289aa.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143079,"url":"https:\/\/alphastreet.com\/india\/earnings-kansai-nerolac-paints-ltd-nsekansainer-q3fy23-results-out-total-income-rise-0-8-yoy\/","url_meta":{"origin":143442,"position":0},"title":"Earnings | Kansai Nerolac Paints Ltd. (NSE:KANSAINER): Q3FY23 Results Out; Total Income rise 0.8% YoY","author":"Divyansh_Kasana","date":"March 1, 2023","format":false,"excerpt":"Kansai Nerolac Paints Ltd. (NSE:KANSAINER) is one of the leading paint companies in India, offering a wide range of decorative and industrial paints. The company was established in 1920 and is headquartered in Mumbai, India. It is a subsidiary of Kansai Paint Co. Ltd., a Japanese paint manufacturing company. Kansai\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":143450,"url":"https:\/\/alphastreet.com\/india\/kansai-nerolac-takes-strategic-steps-towards-growth-and-expansion-in-the-paint-industry\/","url_meta":{"origin":143442,"position":1},"title":"Kansai Nerolac Takes Strategic Steps Towards Growth and Expansion in the Paint Industry.","author":"Divyansh_Kasana","date":"March 29, 2023","format":false,"excerpt":"\u201cThe company initiated various measures to increase growth in decorative. The measures include an increase in feet on the street, digital interventions, network expansion, new product launches and brand strengthening. Judicious management of costs and overheads continued. Looking forward it is expected that demand would remain healthy in the short\u2026","rel":"","context":"In &quot;Industrials&quot;","block_context":{"text":"Industrials","link":"https:\/\/alphastreet.com\/india\/category\/industrials\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-687982910.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-687982910.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-687982910.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":161926,"url":"https:\/\/alphastreet.com\/india\/kansai-nerolac-paints-ltd-q4fy24-19-rise-in-profits\/","url_meta":{"origin":143442,"position":2},"title":"Kansai Nerolac Paints Ltd Q4FY24; 19% rise in Profits","author":"Chirag Gupta","date":"June 5, 2024","format":false,"excerpt":"Having started its operations in 1920 as Gahagan Paints & Varnish in Mumbai, Kansai Nerolac Paints is principally engaged in the manufacturing of Paints and is a market leader in Industrial coatings. Financial Results: Kansai Nerolac Paints Ltd reported Revenues for Q4FY24 of \u20b91,769.00 Crores up from \u20b91,734.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-55.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-55.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-55.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-55.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-55.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2024\/06\/image-55.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":145373,"url":"https:\/\/alphastreet.com\/india\/kansai-nerolac-paints-q4fy23-earnings-story\/","url_meta":{"origin":143442,"position":3},"title":"Kansai Nerolac Paints Q4FY23 Earnings  Story","author":"Karan_Singh","date":"May 8, 2023","format":false,"excerpt":"Kansai Nerolac Paints, which began operations as Gahagan Paints & Varnish in Mumbai in 1920, specialises in the production of paints and is a global leader in industrial coatings. The business is a subsidiary of the Japanese corporation Kansai Paints Co. Ltd., from whom it receives ongoing assistance and direction\u2026","rel":"","context":"In &quot;Earnings&quot;","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-1212039515.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-1212039515.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-1212039515.jpg?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2022\/08\/iStock-1212039515.jpg?resize=700%2C400&ssl=1 2x"},"classes":[]},{"id":166703,"url":"https:\/\/alphastreet.com\/india\/kansai-nerolac-paints-ltd-q3fy25-336-rise-in-profits\/","url_meta":{"origin":143442,"position":4},"title":"Kansai Nerolac Paints Ltd Q3FY25; 336% rise in Profits","author":"Chirag Gupta","date":"February 6, 2025","format":false,"excerpt":"Having started its operations in 1920 as Gahagan Paints & Varnish in Mumbai, Kansai Nerolac Paints is principally engaged in the manufacturing of Paints and is a market leader in Industrial coatings. Financial Results: Kansai Nerolac Paints Ltd reported Revenues for Q3FY25 of \u20b91,922.00 Crores up from \u20b91,919.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/3-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/3-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/3-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/3-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/3-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/02\/3-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":168669,"url":"https:\/\/alphastreet.com\/india\/kansai-nerolac-paints-ltd-q4fy25-11-fall-in-profits\/","url_meta":{"origin":143442,"position":5},"title":"Kansai Nerolac Paints Ltd Q4FY25; 11% fall in Profits","author":"Chirag Gupta","date":"June 5, 2025","format":false,"excerpt":"Having started its operations in 1920 as Gahagan Paints & Varnish in Mumbai, Kansai Nerolac Paints is principally engaged in the manufacturing of Paints and is a market leader in Industrial coatings. Financial Results: Kansai Nerolac Paints Ltd reported Revenues for Q4FY25 of \u20b91,817.00 Crores up from \u20b91,769.00 Crore year\u2026","rel":"","context":"In &quot;AlphaGraphs&quot;","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/2-2.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/2-2.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/2-2.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/2-2.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/2-2.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/06\/2-2.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143442","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=143442"}],"version-history":[{"count":0,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/143442\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/143443"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=143442"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=143442"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=143442"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}