General
Kansai Nerolac Q1 revenue rises 10% as decorative & industrial demand stays strong
The company posted net revenue of Rs. 2,299.52 crore for the quarter ended June 30
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By ICN Bureau | August 04, 2026
Kansai Nerolac Paints has reported a 10.2% year-on-year rise in net revenue for the first quarter of FY2026-27, driven by healthy demand across its decorative and industrial businesses despite geopolitical uncertainties and higher raw material costs.
The company posted net revenue of Rs. 2,299.52 crore for the quarter ended June 30, compared with the corresponding period last year.
EBITDA increased 7.7% year-on-year to Rs. 335.89 crore, while profit before tax (PBT) rose 5.1% to Rs. 325.75 crore.
Commenting on the results, Managing Director Pravin Chaudhari said, “During the quarter, demand in both Decorative and Industrial has been healthy despite the prevailing geo-political situation. Demand was further helped due to late arrival of monsoon. In Decorative, demand for KNP was good. In Automotive, demand for KNP continued to be better than the market, on the back of various initiatives. Performance coatings registered strong growth.
"The West Asia geo-political situation caused supply chain disruption as well as a significant increase in raw material prices, coupled with uncertainty of supply starting from March. The rupee depreciated sharply against the dollar. While the situation has improved from the middle of the first quarter, uncertainty in the environment due to geo-political factors prevails, and we remain watchful. KNP has taken price increases in this period to partly offset the impact of severe inflation."
He added: "Looking ahead, we anticipate that demand in both market segments will continue to remain strong despite an erratic monsoon and prevailing geo-political situation. Additionally, Diwali being later this year, should add a fillip to the festive demand.”
The company said the domestic paint industry was estimated at around Rs. 82,500 crore as of March 2026. It expects sustained growth in infrastructure, core sectors, automobiles and real estate to support long-term demand for paints.
