# Kansai Nerolac Paints share price today (Kansai Nerolac Paints Ltd, NSE: KANSAINER)

> Kansai Nerolac Paints share price today: ₹187.12 at the NSE close on 3 November 2026, down 24.5% in a year. Kansai Nerolac Paints (NSE: KANSAINER) is worth ₹15,160 crore, trades at a P/E of 23.5 and has closed between ₹166.77 and ₹248.80 over the past 52 weeks. > Kansai Nerolac Paints Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. KANSAINER · Building Materials - Paints · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/kansai-nerolac-paints-ltd

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## Key numbers

- Business trend: Getting worse, from fewer quarters than usual
- Price: ₹187.12 (−24.5% in a year)
- P/E: 23.5× (lower than 98% of the last 11 years)
- Revenue (Jun 2026): ₹2,374 Cr (+9.8% on a year ago)
- Profit (Jun 2026): ₹228 Cr (+5.6% on a year ago)
- Operating margin: 14.0% (flat on a year ago)
- ROCE: 12%, FY26
- Profit that came in as cash: 86%, last 3 years

The main question: foreign institutions moved −1.6 percentage points over 8 quarters while the business went the other way. ## What is the Kansai Nerolac Paints share price today? Kansai Nerolac Paints Ltd's share price was ₹187.12 at the close on 3 November 2026. It has been falling for 102 weeks. That is 7.8% 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 25% of the way up from that low. 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 +1% 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. ## What changed at Kansai Nerolac Paints this quarter? 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. ## What are Kansai Nerolac Paints' latest quarterly results? 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

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹2,374 crore | ₹2,162 crore | +9.8% |
| Profit | ₹228 crore | ₹216 crore | +5.6% |
| Earnings per share | ₹2.86 | ₹2.73 | +4.8% |
| Operating margin | 14.0% | 14.0% | 0.0 points |

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.)

## What is the Kansai Nerolac Paints share price history? Kansai Nerolac Paints closed at ₹187.12 on 3 November 2026, down 24.5% from ₹247.96 a year earlier (31 October 2025) and down 51.2% 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

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹181.20 | +3.3% |
| 1 month ago · 1 Oct 2026 | ₹175.27 | +6.8% |
| 6 months ago · 30 Apr 2026 | ₹197.19 | −5.1% |
| 1 year ago · 31 Oct 2025 | ₹247.96 | −24.5% |
| 3 years ago · 3 Nov 2023 | ₹305.00 | −38.6% |
| 5 years ago · 4 Nov 2021 | ₹383.23 | −51.2% |
| 10 years ago · 4 Nov 2016 | ₹246.60 | −24.1% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹185.07 | +1.1% |
| Highest weekly close since March 2016 · 22 Jan 2021 | ₹434.33 | −56.9% |
| Lowest weekly close since March 2016, also the 52-week low · 20 Mar 2026 | ₹166.77 | +12.2% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹248.80 | −24.8% |

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 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (562 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Kansai Nerolac Paints? 3 Nov 2026: Kansai Nerolac Paints closed at ₹187.12, up 3.3% on the week and up 6.8% 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. ## What dividend does Kansai Nerolac Paints pay? Kansai Nerolac Paints paid ₹2.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.34% at the ₹187.12 close on 3 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

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 29 Jun 2026 | ₹2.50 | Dividend | same day |
| 23 Jun 2025 | ₹3.75 | Dividend + Special | same day |
| 21 Jun 2024 | ₹3.75 | Special + Dividend | n/a |
| 25 May 2023 | ₹2.70 | Dividend | n/a |
| 8 Jun 2022 | ₹1 | Dividend | n/a |
| 8 Nov 2021 | ₹1.25 | Interim | 9 Nov 2021 |
| 17 Jun 2021 | ₹4 | Dividend + Special | n/a |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

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 4 November 2026.)

## What did Kansai Nerolac Paints management say on the latest results call? 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](https://files.tijorifinance.com/insight/india/117/Conference Call/CC-Aug26.pdf). (From the call for April to June 2026, 3 August 2026.)

## What to watch in Kansai Nerolac Paints' next results? 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. - What to check (from the call)
- Industrial price pass-through to appear in next-quarter gross contribution and margin. - Decorative premium mix to convert into broader volume growth without renewed low-margin participation. - Competition in economy products and dealer-counter extraction, including regional freebies and dealer productivity. - High-cost inventory and commodity volatility; check whether productivity and cost actions preserve next-quarter margin. ## Which stock lists is Kansai Nerolac Paints on? Kansai Nerolac Paints is on one of our India lists: Small & mid cap stocks. [Small & mid cap stocks Size rank in India: 451](https://www.sectoralpha.in/small-cap-stocks-india)

## Is Kansai Nerolac Paints profitable? 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. 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. ## How much revenue does Kansai Nerolac Paints make, and is it growing? 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. 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). ## How much of every ₹100 of sales does Kansai Nerolac Paints keep? 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. 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. ## Is Kansai Nerolac Paints' profit turning into cash? 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. 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. ## Where does Kansai Nerolac Paints' cash go? 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. 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. ## What is Kansai Nerolac Paints' P/E ratio, and how does it compare with its own history? Kansai Nerolac Paints Ltd's P/E is 23.5×, 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. 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. Why the multiple is where it is: over the past year earnings per share moved −48.4% while the price moved −24.5%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved −13.4% a year; about +3.8% a year came from earnings growth and about −17.2 percentage points from the multiple (the market paying less); over 10 years the price moved −2.7% a year; about +3.1% a year came from earnings growth and about −5.8 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. The PEG ratio and its quarterly curve, which only the second data source has, are not shown on this page: its two data sources disagree by up to 5.8% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Is the Kansai Nerolac Paints business getting better or worse? Kansai Nerolac Paints Ltd's business is getting worse. Profit and EPS growth are shrinking: profit growth is −46.5% in the latest quarter, against +82.2% at its best in 12 quarters, with ROCE steady at 12.0%. This is based on 8 quarters of 4 measures, with some gaps. Why it matters: falling lines mean any ratio below that looks low should be read with that direction in mind. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Kansai Nerolac Paints earn on its capital? Kansai Nerolac Paints Ltd earned a ROCE of 12% in FY26. That is up from a low of 11% in FY22. We cannot compare its return on capital used with its cost of capital from the data we have. It comes from a 7.2% net margin and 0.92× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.2% net margin × 0.92× asset turnover × 1.30× leverage (assets divided by equity) ≈ 8.6% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The quarterly return lines and the return-on-capital-used (ROIC) line, which only the second data source has, are not shown on this page: its two data sources disagree by up to 5.8% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## Does Kansai Nerolac Paints have too much debt? Kansai Nerolac Paints Ltd had ₹303 Cr of borrowings against ₹6,714 Cr of equity in FY26, so its debt is 0.05× its equity. Its operating profit is 31 times its interest bill. Over 5 years borrowings went from ₹173 Cr to ₹303 Cr. Over the last 3 of those years it spent ₹978 Cr on assets. Part of the spending on assets is being paid for with borrowed money. The total-debt and debt-to-equity series, which only the second data source has, are not shown on this page: its two data sources disagree by up to 5.8% on reported income across 15 comparable periods. When two sources disagree on a figure, we leave it out on purpose. The gap is a choice, not missing data. ## What is the Kansai Nerolac Paints shareholding pattern? Domestic institutions raised their stake in Kansai Nerolac Paints Ltd by 1.9 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 12.1% of the company. Foreign institutions moved −1.6 points over the same period, to 3.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: +1.9 points over 8 quarters, to 12.1%; Foreign institutions: −1.6 points over 8 quarters, to 3.9%; Promoters: +0.0 points over 8 quarters, to 75.0%. Why the owners changed: foreign institutions moved −1.6 points and domestic institutions +1.9 points over 8 quarters, while promoters stayed about the same. One group of institutions took over shares from the other; it is not a change of mind by the people running the company. ## How far is Kansai Nerolac Paints from balance-sheet trouble? For Kansai Nerolac Paints Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Kansai Nerolac Paints rank in its industry? 41.1 out of 100, rank 6 of 7 in Building Materials - Paints, with 78% of the evidence available. Kansai Nerolac Paints Ltd scores 41.1 out of 100 against the 7 companies it is compared with in Building Materials - Paints, ranking 6. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 13.8 + 10.2 + 14.1 + 3 = 41.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Kansai Nerolac Paints compared with? Kansai Nerolac Paints ranks 6 of 7 Building Materials - Paints companies on the 4-Factor Sector Score, with 41.1 out of 100. 1. [Sirca Paints India Ltd](https://www.sectoralpha.in/stocks/sirca-paints-india-ltd) SIRCA · losing its lead · Evidence leans up · 96% evidence 63.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 24.2% · Profit 28.9% · Operating margin change -1 points · 88% evidence Capital efficiency 16.4/25 · ROCE 20.3% · Operating margin 19% · 100% evidence Valuation 12.7/20 · P/E 34.4× · PEG 1.23 · 100% evidence Relative strength 9.6/20 · Lead over its industry -5.7% · Lead over NIFTY 500 -3.8% · 1 year -21.9% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.6 + 16.4 + 12.7 + 9.6 = 63.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Asian Paints Ltd](https://www.sectoralpha.in/stocks/asian-paints-ltd) ASIANPAINT · quiet · Evidence leans up · 100% evidence 56.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue 12.4% · Profit 23.7% · Operating margin change -2 points · 100% evidence Capital efficiency 22.3/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 9.9/20 · P/E 45× · PEG 1.8 · 100% evidence Relative strength 2.5/20 · Lead over its industry -6.9% · Lead over NIFTY 500 -5.1% · 1 year -7.6% · 100% evidence · 0 of 12 weeks ahead Exact sum: 22.2 + 22.3 + 9.9 + 2.5 = 56.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Indigo Paints Ltd](https://www.sectoralpha.in/stocks/indigo-paints-ltd) INDIGOPNTS · losing its lead · Evidence leans up · 85% evidence 50.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.3/35 · Revenue 11.9% · Profit 4.9% · Operating margin change -6 points · 100% evidence Capital efficiency 12.8/25 · ROCE 18.6% · Operating margin 9% · 100% evidence Valuation 12.8/20 · P/E 31× · PEG 1.92 · 100% evidence Relative strength 11.3/20 · Lead over its industry n/a · Lead over NIFTY 500 1% · 1 year -0.3% · 25% evidence · 9 of 12 weeks ahead Exact sum: 13.3 + 12.8 + 12.8 + 11.3 = 50.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [JSW Dulux Ltd](https://www.sectoralpha.in/stocks/jsw-dulux-ltd) JSWDULUX · quiet · Evidence leans up · 81% evidence 50.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.2/35 · Revenue -11.5% · Profit 100% · Operating margin change -2 points · 88% evidence Capital efficiency 15.8/25 · ROCE 22.7% · Operating margin 12% · 100% evidence Valuation 4.0/20 · P/E 31.4× · PEG 3.75 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.6% · 1 year n/a · 25% evidence · 3 of 12 weeks ahead Exact sum: 22.2 + 15.8 + 4 + 8 = 50 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Berger Paints India Ltd](https://www.sectoralpha.in/stocks/berger-paints-india-ltd) BERGEPAINT · basing · Evidence leans down · 96% evidence 48.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.1/35 · Revenue 5.2% · Profit 6.4% · Operating margin change 0 points · 88% evidence Capital efficiency 18.8/25 · ROCE 21.6% · Operating margin 17% · 100% evidence Valuation 6.7/20 · P/E 44.2× · PEG 4.15 · 100% evidence Relative strength 9.0/20 · Lead over its industry -3.1% · Lead over NIFTY 500 -1.3% · 1 year -14.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 14.1 + 18.8 + 6.7 + 9 = 48.6 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 6. Kansai Nerolac Paints Ltd this page KANSAINER · basing · Evidence leans down · 78% evidence 41.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.8/35 · Revenue 5.3% · Profit -46.5% · Operating margin change 0 points · 83% evidence Capital efficiency 10.2/25 · ROCE 12% · Operating margin 14% · 76% evidence Valuation 14.1/20 · P/E 22.1× · PEG n/a · 50% evidence Relative strength 3.0/20 · Lead over its industry -11.9% · Lead over NIFTY 500 -10.3% · 1 year -28.9% · 100% evidence · 0 of 12 weeks ahead Exact sum: 13.8 + 10.2 + 14.1 + 3 = 41.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 7. [Shalimar Paints Ltd](https://www.sectoralpha.in/stocks/shalimar-paints-ltd) SHALPAINTS · leader · Evidence leans down · 71% evidence 35.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 5.7/35 · Revenue -12% · Profit -33.3% · Operating margin change -15.3 points · 74% evidence Capital efficiency 0.0/25 · ROCE -7.9% · Operating margin -20% · 100% evidence Valuation 10.0/20 · P/E n/a · PEG n/a · 0% evidence Relative strength 20.0/20 · Lead over its industry 30.8% · Lead over NIFTY 500 32% · 1 year 1.5% · 100% evidence · 12 of 12 weeks ahead Exact sum: 5.7 + 0 + 10 + 20 = 35.7 · What this means: Relative strength against the index is 32%, and revenue and profit growth are weak. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Building Materials - Paints](https://www.sectoralpha.in/sectors/building-materials-paints), all 7 compared on one page. ## Which companies are close to Kansai Nerolac Paints in size? Kansai Nerolac Paints is the 3rd largest of 7 Building Materials - Paints companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Asian Paints and Berger Paints India. Just below it: JSW Dulux, Indigo Paints, Sirca Paints India and Shalimar Paints. ### Building Materials - Paints companies close in size

1. [Asian Paints Ltd](https://www.sectoralpha.in/stocks/asian-paints-ltd) ₹2,22,534 crore
2. [Berger Paints India Ltd](https://www.sectoralpha.in/stocks/berger-paints-india-ltd) ₹54,231 crore
3. Kansai Nerolac Paints Ltd ₹14,259 crore
4. [JSW Dulux Ltd](https://www.sectoralpha.in/stocks/jsw-dulux-ltd) ₹13,436 crore
5. [Indigo Paints Ltd](https://www.sectoralpha.in/stocks/indigo-paints-ltd) ₹4,760 crore
6. [Sirca Paints India Ltd](https://www.sectoralpha.in/stocks/sirca-paints-india-ltd) ₹2,303 crore
7. [Shalimar Paints Ltd](https://www.sectoralpha.in/stocks/shalimar-paints-ltd) ₹666 crore

[All 7 Building Materials - Paints companies, largest first](https://www.sectoralpha.in/sectors/building-materials-paints#all-companies)

### Companies close in size in other industries

1. [Zen Technologies Ltd](https://www.sectoralpha.in/stocks/zen-technologies-ltd) ₹14,342 crore · Aerospace & Defence - Equipments
2. [Aequs Ltd](https://www.sectoralpha.in/stocks/aequs-ltd) ₹14,289 crore · Aerospace & Defence - Equipments
3. Kansai Nerolac Paints Ltd ₹14,259 crore
4. [Graphite India Ltd](https://www.sectoralpha.in/stocks/graphite-india-ltd) ₹14,181 crore · Electrodes - Welding Equipment
5. [Chambal Fertilisers & Chemicals Ltd](https://www.sectoralpha.in/stocks/chambal-fertilisers-chemicals-ltd) ₹14,179 crore · Fertilisers

## What else do people ask about Kansai Nerolac Paints? ### What is Kansai Nerolac Paints's share price today? Kansai Nerolac Paints Ltd's share price is ₹187.12, −24.5% over the past year. The whole company is worth ₹15,160 Cr on the market. In the last 52 weeks it traded between ₹167 to ₹249; today it is 25% of the way up from the low, 7.8% below its 200-day average (as of 3 November 2026). ### What were Kansai Nerolac Paints's latest quarterly results? Kansai Nerolac Paints Ltd reported revenue of ₹2,374 Cr and net profit of ₹228 Cr for the Jun 2026 quarter. Revenue rose 9.8% and profit rose 5.6% compared with a year earlier. Earnings per share were ₹2.86. The operating margin was 14.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Kansai Nerolac Paints's market cap? Kansai Nerolac Paints Ltd's market capitalisation is ₹15,160 Cr at a share price of ₹187.12. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Kansai Nerolac Paints performing? Kansai Nerolac Paints Ltd's share price has been falling for 102 weeks. In its latest quarter, revenue rose 9.8% and profit rose 5.6% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 2 weeks running (as of 3 November 2026). ### Will Kansai Nerolac Paints's share price go up? This page does not forecast Kansai Nerolac Paints Ltd's share price. What it shows instead: the share price is ₹187.12, and it has been falling for 102 weeks. Its P/E of 23.5× is higher than 2% of its own last 11 years (as of 3 November 2026). ### Who owns Kansai Nerolac Paints? Promoters own 75.0% of Kansai Nerolac Paints Ltd, foreign institutions 3.9%, domestic institutions 12.1% and the public 9.0% (latest quarter). The biggest change over the last two years: Domestic institutions raised their stake by 1.9 percentage points over 8 quarters (as of 3 November 2026). ### Where is Kansai Nerolac Paints in its business cycle? Kansai Nerolac Paints Ltd's FY26 operating margin was 12.0%, against a 13-year range of 10.0% to 18.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 14.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Kansai Nerolac Paints story? The main question: foreign institutions moved −1.6 percentage points over 8 quarters while the business went the other way. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Kansai Nerolac Paints a stock worth studying right now? What the numbers show: Kansai Nerolac Paints Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the owners’ moves turn back in line with the business. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Kansai Nerolac Paints share price forecast for 2026? What management itself 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. ## Lists

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