profit from every ₹100 of sales.
₹0₹100
Kansai Nerolac Paints
₹200.94-0.09% today
-11.2% in 1 year
1-year low ₹159.071-year high ₹242.22
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2023 to 2026.
0%20% a year
You pay ₹27.57 for every ₹1 of profit it makes in a year.
CheapExpensive
of earnings would pay off all its debt.
No debt5 years
Money in, money out
What Kansai Nerolac Paints sold, what it kept, and what it did with the cash.
Sales went from ₹75.1 billion in 2023 to ₹80.5 billion in 2026, with ₹5.89 billion of profit last year.
SalesProfit
Kansai Nerolac Paints handed back 45% of the cash it generated last year.
₹3.0B
Free cash flow 2026₹6.8B
Bought back its own shares–
Paid as dividends₹3.0B
Cash vs. debt₹2.0B vs. ₹3.0B
Kansai Nerolac Paints vs. similar companies
Kansai Nerolac Paints grows in the middle of these 5 and is the cheapest for its profits.
| Company | Profit from ₹100 of sales | Sales growth a year | Price per ₹1 of profit |
|---|---|---|---|
| Kansai Nerolac Paints | 27.6× · Fair price | ||
 Linde | 35.0× · Expensive | ||
 L'Air Liquide | 35.1× · Expensive | ||
 Ecolab | 41.8× · Expensive | ||
 The Sherwin-Williams | 32.9× · Expensive |
AI analysis
An AI analyst reads Kansai Nerolac Paints's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 75,052 | 77,685 | 78,230 | 80,519 | |
| 22,079 | 26,873 | 27,537 | 28,553 | |
| 6,379 | 8,373 | 7,406 | 7,465 | |
| 8,440 | 17,809 | 17,110 | 10,574 | |
| 4,736 | 11,854 | 11,430 | 5,895 | |
| 5.86 | 14.65 | 14.12 | 7.28 | |
| 29.4% | 34.6% | 35.2% | 35.5% | |
| 8.5% | 10.8% | 9.5% | 9.3% | |
| 6.3% | 15.3% | 14.6% | 7.3% |
Balance sheet
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| Total assets | 63,064 | 74,097 | 82,170 | 87,111 |
| Cash | 1,046 | 1,722 | 940 | 1,968 |
| Total debt | 2,870 | 2,764 | 2,964 | 3,027 |
| Total liabilities | 17,460 | 18,111 | 18,126 | 20,223 |
| 45,337 | 55,826 | 64,232 | 67,138 | |
| 809 | 809 | 809 | 810 | |
| 10.3% | 20.4% | 16.8% | 8.9% | |
| 10.4% | 21.2% | 17.8% | 8.8% |
Cash flow
| In millions of INR | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|
| 4,083 | 9,030 | 6,724 | 8,944 | |
| 1,232 | 2,370 | 3,263 | 2,131 | |
| 2,851 | 6,660 | 3,461 | 6,813 | |
| Dividends paid | 552 | 1,455 | 3,031 | 3,032 |
| – | – | – | – | |
| 38 | 122 | -15 | 61 |
Valuation
- 27.6×
- –
- 3.68
- 2.6×
- 2.0×
- 23.9×
- 15.5×
- 4.2%
- 3.6%
- 1.9%
Profitability
- 35.5%
- 9.3%
- 7.3%
- –
- 8.9%
- 14.1%
- –
- –
- –
- –
Growth
- +2.4%
- +7.5%
- –
- –
- +0.0%
Financial health
- 0.1×
- 0.05
- –
- 25.7×
- 3.48
- –
- –
How it ranks in Materials
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
Top 36%of 990
Bottom 46%of 950
Bottom 36%of 766
Bottom 42%of 929
Top 37%of 987
1.9%of the share price, paid each year
On $1,000 invested$19a year at today's yield, before tax
–per share
Raised–not every year
How safe it looks
51.4% of its profit
Room to growStretchedMore than it earns: 44.5%
News
LogProstyle to acquire I-FLATZ in Kansai expansionSeeking Alpha · Aug 27, 2026The newest story we have is from Aug 27, 2026.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
2/7Passes 2 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Warren Buffett
60Pass
Benjamin Graham
60Pass
Philip Fisher
50No pass
Peter Lynch
24No pass
Joel Greenblatt
25No pass
Charlie Munger
49No pass
Terry Smith
47No pass
Questions about Kansai Nerolac Paints
Is Kansai Nerolac Paints a good stock to buy?
A business with weak numbers at a fair price. 2 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Kansai Nerolac Paints AI analysis
What does Kansai Nerolac Paints do?
Kansai Nerolac Paints Limited manufactures and supplies paints, varnishes, enamels, and lacquers in India. It is in Specialty Chemicals, based in Mumbai, India.
Does Kansai Nerolac Paints pay a dividend?
Yes. At today's price the dividend is 1.9% a year, about 51% of its yearly profit. In 2026 it paid out ₹3.03 billion in dividends.
Is Kansai Nerolac Paints stock halal?
Yes. Kansai Nerolac Paints passes our halal screen: its business is permitted and its debt is 2% of its market value, under the 30% limit. How we check
How has Kansai Nerolac Paints stock done over the past year?
Down 11.2% over the past twelve months, to ₹200.94. It traded between ₹159.07 and ₹242.22 and is 17.0% below its high.
Who are Kansai Nerolac Paints's competitors?
The largest listed companies in the same industry are Linde, L'Air Liquide, Ecolab and The Sherwin-Williams. The peers table on this page compares their profit, growth and price with Kansai Nerolac Paints's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.