Paints company Kansai Nerolac Paints announced Q4FY26 & FY26 results Q4FY26 Consolidated Financial Highlights: Revenue from Operations: The company recorded revenue of Rs 1,953.71 crore for Q4FY26, reflecting a YoY growth of 7.54% compared to Rs 1,816.65 crore in Q4FY25 and a QoQ decline of 1.43% from Rs 1,981.99 crore in Q3FY26. Total Income: Total income for the quarter stood at Rs 1,983.40 crore, up 7.00% YoY from Rs 1,853.74 crore and down 1.68% QoQ from Rs 2,017.20 crore in Q3FY26. Net Profit: Profit after tax for the period reached Rs 109.89 crore, an increase of 7.28% YoY compared to Rs 102.43 crore in Q4FY25. However, it saw a QoQ decrease of 6.12% from Rs 117.05 crore in Q3FY26. Profit Before Tax and Exceptional Items: Stood at Rs 176.87 crore for Q4FY26, a growth of 23.24% YoY from Rs 143.52 crore and a decline of 14.20% QoQ from Rs 206.13 crore in Q3FY26. FY26 Consolidated Financial Highlights: Revenue from Operations: For the full year FY26, revenue stood at Rs 8,051.91 crore, marking a growth of 2.93% YoY from Rs 7,822.97 crore in FY25. Total Income: Annual total income reached Rs 8,197.85 crore, compared to Rs 7,962.12 crore in FY25, a growth of 2.96% YoY. Net Profit: Profit after tax for the year was Rs 574.92 crore, representing a decline of 48.29% YoY from Rs 1,111.81 crore in the previous year. Profit Before Tax and Exceptional Items: Annual PBT (before exceptions) stood at Rs 860.13 crore, up 1.37% YoY from Rs 848.52 crore in FY25. Q4FY26 Standalone Financial Highlights: Revenue from Operations: Revenue was Rs 1,873.44 crore for the quarter, growing 7.64% YoY from Rs 1,740.43 crore and declining 1.78% QoQ from Rs 1,907.35 crore in Q3FY26. Total Income: Stood at Rs 1,907.41 crore, up 7.17% YoY from Rs 1,779.85 crore and down 1.89% QoQ from Rs 1,944.08 crore in Q3FY26. Net Profit: Profit after tax reached Rs 120.86 crore, a YoY decline of 2.13% from Rs 123.49 crore and a QoQ decline of 7.88% from Rs 131.20 crore in Q3FY26. Profit Before Tax and Exceptional Items: Stood at Rs 184.73 crore, up 12.76% YoY from Rs 163.83 crore and down 15.92% QoQ from Rs 219.71 crore in Q3FY26. FY26 Standalone Financial Highlights: Revenue from Operations: Annual revenue for FY26 was Rs 7,739.23 crore, up 3.23% YoY from Rs 7,496.71 crore. Total Income: Total income for the year was Rs 7,891.69 crore, a YoY increase of 3.31% from Rs 7,638.77 crore. Net Profit: Profit after tax for the year stood at Rs 619.85 crore, reflecting a decrease of 39.31% YoY from Rs 1,021.24 crore in FY25. Profit Before Tax and Exceptional Items: PBT (before exceptions) for the full year was Rs 898.91 crore, compared to Rs 907.42 crore in the previous year, a decline of 0.94% YoY. Business Highlights Segment Performance: The company operates under a single reportable business segment, 'Paints'. Decorative Performance: The quarter witnessed a continuation of the demand revival seen in the previous quarter within the Decorative segment. Industrial Performance: Demand in the Industrial segment remained robust, primarily driven by the Automotive sector. Performance Coatings: This segment showed strong growth supported by a healthy order pipeline. Raw Material Impacts: Raw material costs, which were benign during January and February, increased sharply due to the West Asia crisis and the depreciation of the rupee. Price Increases: The company announced price increases to partly offset the impact of inflation and has approached industrial customers regarding the same. Exceptional Items: Consolidated exceptional items for FY26 resulted in a total charge of Rs 63.15 crore, which included an additional employee benefit cost of Rs 44.72 crore due to Wage Code implementation and a loss of Rs 12.67 crore from a fire incident at the Ghaziabad warehouse. Dividend: The Board recommended a final dividend of 250% amounting to Rs 2.50 per share for the financial year ended March 31, 2026. Amalgamation: The Board previously approved the scheme of amalgamation of Nerofix Private Limited (a wholly-owned subsidiary) with the company, with an appointed date of April 1, 2025. Pravin Chaudhari, Managing Director, Kansai Nerolac Paints, said: “During the quarter, the revival in demand seen in Q3, continued in Decorative. Growth drivers of new products, Construction Chemicals, Wood finishes and Projects continued to do well. The demand in Industrial was robust led by Automotive. KNPL continued to be better than the market, based on various initiatives. Growth in Performance Coatings was also strong based on a strong order pipeline. During the quarter, raw material costs, which were benign in Jan and Feb, rose sharply due to the West Asia crisis along with the depreciation of the rupee. The company has announced price increases to partly offset the impact of inflation. The company has also approached industrial customers with price increases. Going forward, while long-term demand looks intact. While demand momentum continues, how cost drivers pan out will need to be watched in the light of how the current geo-political situation pans out” Result PDF