Kansai Nerolac Paints' Q2 FY 2025-26 Quarterly Results

Result Summary

• Kansai Nerolac Paints Ltd reported a 10.5% quarter-on-quarter (QoQ) decrease in its consolidated revenues for the quarter-ended Sep (Q2 FY 2025-26). On a year-on-year (YoY) basis, it witnessed a growth of 0.2%.
• Its expenses for the quarter were down by 6.2% QoQ and up 0.3% YoY.
• The net profit decreased 38.2% QoQ and increased 11.3% YoY.
• The earnings per share (EPS) of Kansai Nerolac Paints Ltd stood at 1.67 during Q2 FY 2025-26.

Financial Statments for Q2 FY 2025-26

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 paint company in India, primarily involved in the manufacturing and sales of decorative and industrial paints. The company operates within the larger coatings industry, which includes a variety of products such as architectural coatings, industrial coatings, automotive coatings, and performance coatings. Kansai Nerolac has established itself as a key player in the market, leveraging its strong brand presence and extensive distribution network. The company's commitment to innovation and sustainability is reflected in its product offerings, which often include eco-friendly and technologically advanced solutions. Currently, there are no specific recent major developments available for Kansai Nerolac Paints Ltd.

Revenue

In the second quarter of the fiscal year 2026 (Q2FY26), Kansai Nerolac Paints Ltd reported a total income of ₹1982.61 crores. When compared to the previous quarter, this represents a decline of 10.5% from ₹2214.64 crores in Q1FY26. On a year-over-year basis, the total income showed a marginal increase of 0.2% from ₹1978.07 crores in Q2FY25. This slight year-over-year growth indicates stable revenue performance despite the quarter-over-quarter decline. The total income figure captures all forms of revenue generated by the company, encompassing sales from both domestic and international markets.

Profitability

The company's profit before tax (PBT) for Q2FY26 was ₹181.67 crores, which marks a significant quarter-over-quarter decrease of 38.5% from ₹295.46 crores in Q1FY26. Compared to the same quarter in the previous year (Q2FY25), PBT decreased slightly by 0.6% from ₹182.77 crores. The profit after tax (PAT) for Q2FY26 stood at ₹133.31 crores, experiencing a 38.2% decline from ₹215.59 crores in Q1FY26. However, on a year-over-year basis, PAT increased by 11.3% from ₹119.76 crores in Q2FY25. The earnings per share (EPS) also demonstrated similar trends, with a quarter-over-quarter decline of 38.8% to ₹1.67 from ₹2.73 in Q1FY26, but a year-over-year increase of 9.9% from ₹1.52 in Q2FY25.

Operating Metrics

Kansai Nerolac Paints Ltd's total expenses for Q2FY26 were ₹1800.94 crores, showing a decrease of 6.2% from ₹1919.18 crores in Q1FY26. Compared to Q2FY25, total expenses increased slightly by 0.3% from ₹1795.30 crores. The tax expense for Q2FY26 was ₹48.36 crores, reflecting a 39.5% decrease from ₹79.87 crores in Q1FY26 and a 23.3% decrease from ₹63.01 crores in Q2FY25. These operating metrics indicate fluctuations in the company’s expense management and tax obligations across different quarters. The shifts in expenses and tax obligations can influence the company’s overall financial health and operational efficiency.