Kansai Nerolac Paints share price today

Kansai Nerolac Paints Ltd's share price was ₹195.32 at the close on 4 November 2026. It has been falling for 102 weeks. That is 3.8% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹167 and ₹249, and at that close it sat 35% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today Kansai Nerolac Paints Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 2 weeks running.

Over the last 11 years the share price moved +6% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 23 October 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Two changes stood out: revenue up on a year earlier for 7 quarters in a row and highest quarterly revenue in 15 quarters.

1. Revenue up on a year earlier for 7 quarters in a row

   In the June 2026 quarter revenue was ₹2,374 crore, +9.8% on a year earlier.

   Why: Sales rose because industrial coatings grew at a double-digit rate, led by automotive, performance liquid and powder coatings.

   Next results: check whether industrial price increases show up in profit and margin, and whether premium decorative products bring in more volume.

   From the earnings call on 3 Aug 2026.

2. Highest quarterly revenue in 15 quarters

   Revenue of ₹2,374 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), Kansai Nerolac Paints reported revenue of ₹2,374 crore, up 9.8% from ₹2,162 crore a year earlier, and a profit of ₹228 crore, up 5.6% from ₹216 crore.

Kansai Nerolac Paints results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

Kansai Nerolac Paints' management discussed these results on a call held on 3 August 2026; what it said is further down this page.

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

Kansai Nerolac Paints closed at ₹195.32 on 4 November 2026, down 20.7% from ₹246.32 a year earlier (7 November 2025) and down 49.0% over five years. Its highest weekly close since March 2016 was ₹434.33 on 22 January 2021.

Kansai Nerolac Paints share price: then and now

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

562 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: Kansai Nerolac Paints closed at ₹195.32, up 10.8% on the week and up 11.4% on the month. 3 Aug 2026: Kansai Nerolac Paints held its results call for April to June 2026. Management guided: FY27 margin goal of 13-14% to be maintained; medium-term margin to move above the framework's upper end over next 2-3 years.

Earlier

• Results for April to June 2026: Revenue up 9.8% and profit up 5.6% on a year earlier.
• 29 Jun 2026: ex-date for a dividend of ₹2.50 a share.

Kansai Nerolac Paints paid ₹2.50 a share in regular dividends in the 12 months to 5 November 2026 (1 payment), a yield of 1.28% at the ₹195.32 close on 4 November 2026. The last was a dividend of ₹2.50 a share, ex-date 29 June 2026.

Kansai Nerolac Paints dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. Kansai Nerolac Paints Ltd paid out 51% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

On the call for April to June 2026, held on 3 August 2026, Kansai Nerolac Paints' management guided: FY27 margin goal of 13-14% to be maintained; medium-term margin to move above the framework's upper end over next 2-3 years.

“We would like to be number one in industrial, including the non-auto business. That is our endeavour. Over the next 2 years, our endeavour is to reach that position.”Pravin Chaudhari, on the call for April to June 2026

What management guided

• Next-quarter decorative pricing to add about 3%; industrial pricing another 3-5%.
• Next-quarter margin to be maintained versus the same quarter last year despite high-cost inventory.
• Industrial, including non-auto, planned for number-one position within two years.
• Normal annual capital spending about ₹150-200 crore; ₹601 crore expansion at Saykha, Bawal and Hosur over approximately two-plus years adds 66,000 KL annually and close to 10,000 metric tons of resin.

Management’s own plans and goals, from our notes of the call. A plan is not a result.

Source: the call transcript.

From the call for April to June 2026, 3 August 2026.

When Kansai Nerolac Paints reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Industrial price pass-through to appear in next-quarter gross contribution and margin.

Kansai Nerolac Paints is on one of our India lists: Small & mid cap stocks.

Kansai Nerolac Paints Ltd earned ₹228 Cr of net profit in the Jun 2026 quarter, +5.6% on the same quarter a year earlier. That is the 2nd quarter in a row of profit growth. Full-year FY26 profit was ₹576 Cr. Over 10 years profit has grown −4.4% a year on average. That is 9.6% of the quarter's revenue.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

The same quarter a year earlier earned ₹216 Cr.

For the full year, FY26 profit was ₹576 Cr (−48.1% on the year before).

Why profit moved: revenue changed +9.8% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat.

On average over the last four quarters, profit changed −14.5% and revenue +5.2%. Profit is growing slower than sales: rising costs are taking part of the growth.

Kansai Nerolac Paints Ltd reported ₹2,374 Cr of revenue in the Jun 2026 quarter, +9.8% on the same quarter a year earlier. That is the 7th quarter in a row with growth on the year before. Over 10 years it has grown 7.9% a year on average. The last full year, FY26, came in at ₹8,052 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹8,264 Cr.

FY26 revenue was ₹8,052 Cr, +2.9% on the year before.

Recent pace: the last four quarters grew +5.2% on average, against 7.9% a year over the longer run, so this year is growing slower than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +5.2%, against +3.1% a year over the last 8 quarters (stabilising); profit over the last 12 months grew −46.5%, against −6.0% a year (rolling over).

Kansai Nerolac Paints Ltd's operating margin was 14.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 10.0% and 18.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

In the latest quarter it moved +0.0 percentage points on the same quarter a year ago.

Why the margin moved: operating margin changed −0.2 percentage points on the year while gross margin changed −1.1 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 86% of Kansai Nerolac Paints Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹894 Cr of operating cash against ₹576 Cr of profit. After ₹335 Cr of spending on assets, ₹559 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 86% of profit came in as cash: the cash cycle got 12 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner.

What to look at next: the bigger use of cash is spending on new assets, at 1.6× depreciation over three years. The next section checks what that spending is building.

Kansai Nerolac Paints Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 95 days in FY26, down from 107 days in FY21. It spent ₹978 Cr on assets over the last 3 years. Customers take 67 days to pay, and stock sits for 119 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹8,052 Cr, each day of that cycle ties up about ₹22.1 Cr, so roughly ₹2,096 Cr is tied up in the business at any time.

FY26: customers took 67 days to pay and stock sat for 119 days, about 3.9 months of sales sitting as stock, for a full cycle of 95 days, shorter than FY21's 107.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 119 days. Customers pay about 67 days after that. Suppliers are paid at 91 days. Together that makes the 95-day cycle.

Spending on assets: ₹978 Cr over the last 3 years, against ₹620 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹175 Cr (FY26): assets paid for that are not earning yet.

In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns.

Kansai Nerolac Paints Ltd's P/E is 24.5×, about the lowest it has ever been. Its usual P/E (the middle reading) is 49.9×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹7.42.