{"id":179512,"date":"2026-02-04T08:08:00","date_gmt":"2026-02-04T13:08:00","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179512"},"modified":"2026-02-04T08:08:02","modified_gmt":"2026-02-04T13:08:02","slug":"kansai-nerolac-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/kansai-nerolac-q3-fy26-earnings-results\/","title":{"rendered":"Kansai Nerolac Q3 FY26 Earnings Results"},"content":{"rendered":"\n

Executive Summary<\/strong><\/h2>\n\n\n\n

Kansai Nerolac Paints Ltd reported Q3FY26 revenues of \u20b91,982 crore, up 3.12% YoY, but consolidated net profit plunged 82.33% to \u20b9117 crore primarily due to \u20b944.72 crore exceptional charges from new Labour Codes implementation. Industrial coatings grew strongly from automotive demand while decorative paints faced subdued festive season volumes.<\/p>\n\n\n\n

Revenue & Growth<\/strong><\/h2>\n\n\n\n

Revenues increased modestly to \u20b91,982 crore (standalone \u20b91,907 crore) from \u20b91,922 crore YoY, driven by 3.5% industrial coatings growth led by automotive OEMs benefiting from GST rate cuts. Total expenses rose 3.54% YoY to \u20b91,811 crore amid stable raw material prices despite forex volatility.[scanx<\/a>]\u200b<\/p>\n\n\n\n

Profitability & Margins<\/strong>
Consolidated net profit collapsed to \u20b9117 crore from \u20b9662 crore due to \u20b944.72 crore Labour Codes gratuity\/leave provisions; adjusted PAT at \u20b9131-162 crore showed resilience. EBITDA margins contracted 46 bps to 13% with EPS down 82.19% to \u20b91.50 from \u20b98.42.cnbctv18+1<\/a><\/p>\n\n\n\n

Balance-Sheet Highlights<\/strong>
The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26.<\/p>\n\n\n\n

Cash Flow \/ Liquidity<\/strong>
Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.<\/p>\n\n\n\n

Key Ratios \/ Metrics<\/strong>
9M revenue up 1.9% to \u20b95,866 crore but PAT down 44.4% to \u20b9499 crore post-exceptional items. Industrial strength offset decorative weakness; stable RM costs support margin recovery ahead.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Executive Summary Kansai Nerolac Paints Ltd reported Q3FY26 revenues of \u20b91,982 crore, up 3.12% YoY, but consolidated net profit plunged 82.33% to \u20b9117 crore primarily due to \u20b944.72 crore exceptional charges from new Labour Codes implementation. Industrial coatings grew strongly from automotive demand while decorative paints faced subdued festive season volumes. Revenue & Growth Revenues […]<\/p>\n","protected":false},"author":1932,"featured_media":179552,"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":[105,392],"tags":[9757],"class_list":["post-179512","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-paint"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/NEROLAC.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":143442,"url":"https:\/\/alphastreet.com\/india\/alphagraph-kansai-nerolac-paints-limited-nsekansainer-q3fy23-results-out-net-profit-fell-13-yoy\/","url_meta":{"origin":179512,"position":0},"title":"Alphagraph | Kansai Nerolac Paints Limited (NSE:KANSAINER): Q3FY23 Results Out; Net Profit fell 13% YoY","author":"Divyansh_Kasana","date":"March 29, 2023","format":false,"excerpt":"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. 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(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 "Earnings"","block_context":{"text":"Earnings","link":"https:\/\/alphastreet.com\/india\/category\/earnings\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":172122,"url":"https:\/\/alphastreet.com\/india\/kansai-nerolac-paints-q2-fy26-earnings-results\/","url_meta":{"origin":179512,"position":2},"title":"Kansai Nerolac Paints Q2 FY26 Earnings Results","author":"Divyansh_Kasana","date":"November 5, 2025","format":false,"excerpt":"Kansai Nerolac Paints Ltd, a market leader in industrial coatings in India, reported a remarkable rise in Q2 FY26 profitability despite a significant year-on-year revenue decline. Financial Highlights Revenues decreased sharply by 80% year on year to \u20b9468 crore from \u20b91,951 crore. 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