Results - Announcements
Kansai Nerolac Paints Ltd share price inched up 4.06% to Rs 194.85. The Company's net profit witnessed a sharp fall of 36.96% to Rs 143.99 crore, while revenue from operations slipped slightly by 2.37% to Rs 2317.38 crore in Q3FY26 over Q2FY26.
The market capitalization of Paints industry group stocks on BSE stood at Rs 3.63 lakh crore, gaining 0.36%. It has marginally improved by 4.42% over last one week and fell by 10.72% in last one month while the market capitalization of Kansai Nerolac Paints Ltd has improved by 8.85% and 8.40% in the same period respectively.
Profit before tax (PBT) of Kansai Nerolac Paints Ltd stood at Rs 188.28 crore in Q3 FY26, rising 3.64% year-on-year, and tumbling by 39.74% quarter-on-quarter. EBITDA came in at Rs 189 crore, easing 1.16% YoY and tanking 30.88% sequentially.
Total expenses saw a slight increase of 2.30% to Rs 2156.46 crore in Q3FY26 over Q3FY25. During the quarter, cost of materials consumed stood at Rs 1615.47 crore, inching up 6.53% YoY, while employee benefits expense was at Rs 142.52 crore, ticking higher by 3.16% YoY.
For the TTM ended FY26, revenue from operations inched higher 2.93% to Rs 8051.91 crore, while net profit tumbled by 48.09% to Rs 575.84 crore, compared to previous TTM. EBITDA soared by 82859% to Rs 828.66 crore, and PBT collapsed by 46.08% to Rs 796.98 crore compared to previous TTM.
The company's consolidated net cash flow from operating activities stood at Rs 894.37 crore in FY26, as against Rs 672.36 crore in FY25.
Kansai Nerolac Paints Ltd plunged by 21.61% in last one year, underperforming the benchmark BSE Sensex which has eased by 7.38% during the same period.