Kansai Nerolac Paints logo

Kansai Nerolac Paints share price

NSE: KANSAINERBSE: 500165Consumer DurablesSmall Cap

Formerly Goodlass Nerolac Paints
Last close ₹181.20down ₹2.03 (1.11%)BSE ₹181.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹183.23.

52-week range of traded prices to 23 Oct 2026
₹157.91Low, 23 Mar 2026₹264.00High, 24 Dec 2025
Market cap
₹14,656 Cr388th largest listed
P/E
24.4
P/E without one-offs
22.1
P/B
2.2
Dividend yield
1.38%
ROE
9.1%
ROE without one-offs
10.1%
ROCE
11.3%
Debt to equity
0.01
Volume, NSE
3,14,86659.4% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−29.1%over a year · Nifty Microcap 250 +0.4% · Nifty 500 −9.8%

Results20-session average 3,31,120 shares a day, 54.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 3 Aug

Revenue
₹2,374 Crup 21.49%
Net profit
₹228 Crup 107.85%
Net margin
9.6%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 6 NovDec 2024Filed 5 FebMar 2025Filed 24 JunJun 2025Filed 4 AugSep 2025Filed 3 NovDec 2025Filed 3 FebMar 2026Filed 6 MayJun 2026Filed 3 Aug
Revenue1,9511,9221,8172,1621,9541,9821,9542,374
Net profit120662102216133117110228
Net margin6.1%34.5%5.6%10.0%6.8%5.9%5.6%9.6%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, PAINTS, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 1% of 2,480 trading days over the last 10 years.

LowestHighest
Its median50.2Industry median34.7
Price to book

At or below today's level on 1% of 1,984 trading days since Oct 2018.

LowestHighest
Its median5.5Industry median4.2
EV to EBITDA14.5

At or below today's level on 1% of 1,843 trading days since May 2019.

LowestHighest
Its median29.7Industry median27.3
Dividend yield

At or below today's level on 83% of 2,458 trading days over the last 10 years.

LowestHighest
Its median0.68%Industry median1.02%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year−26.7%−48.4%+39.3%1.5%
3 years−11.9%+7.5%−19.5%1.5%
5 years−14.9%+2.2%−17.8%1.1%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth over 1, 3 and 5 years includes one-off items (exceptional items and the result of businesses sold or closed) of more than a tenth of the profit of the years to Mar 2025 and Mar 2026.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters74.95%
  • Foreign institutions3.93%
  • Indian institutions12.14%
  • Individuals and others8.98%
Holder
Kansai Paint Company LimitedPromoter74.95%
Life Insurance Corporation of IndiaInsurance companies3.58%
ICICI Prudential Life Insurance Company LimitedInsurance companies1.01%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

28 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 9 of the 11 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future.Mutual fund holdings

Added
4
Cut
7
Held unchanged
17
Sold out
1
Fund
Nippon India Mutual Fund logoNippon India Multi Cap FundNippon India Mutual Fund1,79,07,2460.59%₹318.7 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Small Cap FundICICI Prudential Mutual Fund39,48,6400.72%₹70.3 Cr
Nippon India Mutual Fund logoNippon India Multi Asset Allocation FundNippon India Mutual Fund20,00,0000.20%₹35.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Bharat Consumption FundICICI Prudential Mutual Fund16,95,7630.99%₹30.2 Cr
SBI Mutual Fund logoSBI Consumption Opportunities FundSBI Mutual Fund14,89,2051.00%₹26.5 Cr
SBI Mutual Fund logoSBI Conservative Hybrid FundSBI Mutual Fund13,07,4450.23%₹23.3 Cr
Nippon India Mutual Fund logoNippon India Innovation FundNippon India Mutual Fund12,82,3540.78%₹22.8 Cr
Nippon India Mutual Fund logoNippon India MNC FundNippon India Mutual Fund8,96,5333.98%₹16.0 Cr
Canara Robeco Mutual Fund logoCanara Robeco Consumption FundCanara Robeco Mutual Fund7,50,0000.71%₹13.3 Cr
Canara Robeco Mutual Fund logoCanara Robeco Manufacturing FundCanara Robeco Mutual Fund5,67,3250.59%₹10.1 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Paints, 10 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to Kansai Nerolac Paints in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Asian Paints logoAsian PaintsASIANPAINT2,21,28746.410.430.7+9.8%+32.5%23.4%24.7%1.19%
Berger Paints (I) logoBerger Paints (I)BERGEPAINT54,37744.77.928.6+5.2%+6.6%18.6%20.0%0.86%
JSW Dulux logoJSW DuluxJSWDULUX13,0526.75.326.0−11.3%+383.5%103.8%16.8%1.74%
Indigo Paints logoIndigo PaintsINDIGOPNTS4,84029.84.217.7+9.5%+14.7%14.9%18.3%0.49%
Sirca Paints India logoSirca Paints IndiaSIRCA2,32734.74.922.9+24.1%+26.3%16.3%17.6%0.49%
Shalimar Paints logoShalimar PaintsSHALPAINTS648–2.6–−10.6%–−24.5%−11.5%0.00%
Kamdhenu Ventures logoKamdhenu VenturesKAMOPAINTS125–0.732.2−7.9%––−1.0%0.00%
Siddhika Coatings logoSiddhika CoatingsSIDDHIKA12011.52.6–+15.1%+21.7%24.3%–2.06%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹3.75 a share, years to Mar 2024 and Mar 2025.
Ex-dateTypePer share
29 Jun 2026Final₹2.50
23 Jun 2025Final₹2.50
23 Jun 2025Special₹1.25
21 Jun 2024Special₹1.25
21 Jun 2024Final₹2.50
25 May 2023Final₹2.70
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

Kansai Nerolac Paints share price by year

Each calendar year to 2025.Kansai Nerolac Paints share price history

YearClose at year endChangeHighest closeLowest close
2025235.45−11.2%269.95220.91
2024265.00−20.5%344.30255.45
2023333.25+13.8%340.25249.97
2022292.83−25.7%411.17240.57
2021394.13−2.7%446.03354.50
2020405.17+16.5%416.40199.50
2019347.77+6.3%370.27266.73
2018327.17−14.6%377.97241.70
2017383.23+80.1%383.23216.33
2016212.83+17.8%257.13168.90
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 2026183.25183.75178.55181.20180.983,14,86659.4%
22 Oct 2026183.01184.73178.00183.23182.603,04,25552.7%
21 Oct 2026181.73185.89180.13184.73183.342,59,12451.3%
19 Oct 2026183.74186.38179.10181.46180.963,93,79054.2%
16 Oct 2026179.89186.50178.45185.23184.574,41,14554.1%
15 Oct 2026180.00181.28177.41178.99179.711,38,66251.0%
14 Oct 2026179.52181.29178.16179.28179.591,44,55652.9%
13 Oct 2026178.06181.02177.52179.52179.561,39,52247.4%
12 Oct 2026181.00183.45176.71178.06179.411,30,91446.6%
9 Oct 2026181.05183.49178.31181.29180.161,44,13034.0%
Prices in ₹ per share as traded, not adjusted.

Price adjustments

What the price chart is corrected for, so it reads as one share held throughout.Bonus shares and stock split history

Ex-dateEventPrice factorWhat happened
4 Jul 2023Bonus0.6667Holders received 1 bonus share for every 2 held.
26 Mar 2015Split0.1000Each share became 10.
23 Jun 2010Bonus0.5000Holders received 1 bonus share for every 1 held.
Earlier prices are multiplied by the factor, so the chart reads as one share held throughout.

Company details

Legal name
Kansai Nerolac Paints Limited
NSE symbol
KANSAINER
BSE code
500165
ISIN
INE531A01024
Industry
Consumer Durables
Listed
Sep 1968 on BSE, Sep 2003 on NSE
Face value
₹1
Former symbols
GOODLASNER
CIN
L24202MH1920PLC000825
Corporate identity number, the registrar of companies' code for it