Kansai Nerolac Paints Limited Q2 FY27 results: what the company reported
Kansai Nerolac Paints Limited filed its unaudited financial results for the quarter ended 30 September 2026 (July to September 2026, called Q2 FY27) with NSE on 4 November 2026. The comparison below uses the company's signed filing, not a market-price report.
Published 7 November 2026 · Potoos Research Services
In short. For July to September 2026, Kansai Nerolac Paints Limited reported consolidated revenue from operations of Rs 2,317.38 crore, compared with Rs 1,954.18 crore a year earlier (+18.6%). Consolidated profit for the period was Rs 143.99 crore, compared with Rs 133.31 crore (+8.0%). For the company on its own (standalone), profit for the period was Rs 148.64 crore, against Rs 136.56 crore (+8.8%).
The numbers
The filing reports amounts in Rs crore. One crore rupees is ten million rupees. The EPS row is in rupees per share, not in the table's main unit. EPS is not annualised. The percentage columns have been calculated from the stated figures in the original filing. All year-on-year comparisons are against the same quarter or half-year last year, not the preceding quarter.
| Item | Jul to Sep 2026 | Jul to Sep 2025 | Year-on-year change |
|---|---|---|---|
| Revenue from operations | 2,317.38 | 1,954.18 | +18.6% |
| Total income | 2,352.48 | 1,982.61 | +18.7% |
| Profit before tax | 188.28 | 181.67 | +3.6% |
| Profit for the period | 143.99 | 133.31 | +8.0% |
| Basic EPS (Rs per share) | 1.81 | 1.67 | +8.4% |
| Item | Apr to Sep 2026 | Apr to Sep 2025 | Year-on-year change |
|---|---|---|---|
| Revenue from operations | 4,690.97 | 4,116.21 | +14.0% |
| Total income | 4,781.01 | 4,197.25 | +13.9% |
| Profit before tax | 500.74 | 477.13 | +4.9% |
| Profit for the period | 372.40 | 348.90 | +6.7% |
| Basic EPS (Rs per share) | 4.67 | 4.40 | +6.1% |
Compared with the immediately preceding April to June 2026 quarter (quarter-on-quarter), consolidated revenue from operations moved from Rs 2,373.59 crore to Rs 2,317.38 crore (-2.4%). Profit for the period moved from Rs 228.41 crore to Rs 143.99 crore (-37.0%). This is a different comparison from the previous-year column.
Kansai Nerolac Paints Limited on its own (standalone)
Standalone results cover Kansai Nerolac Paints Limited itself, without adding the subsidiaries and other group entities included in the consolidated figures. The statement uses the same Rs crore unit.
| Item | Jul to Sep 2026 | Jul to Sep 2025 | Year-on-year change |
|---|---|---|---|
| Revenue from operations | 2,268.77 | 1,907.46 | +18.9% |
| Total income | 2,304.34 | 1,936.11 | +19.0% |
| Profit before tax | 191.98 | 184.01 | +4.3% |
| Profit for the period | 148.64 | 136.56 | +8.8% |
| Basic EPS (Rs per share) | 1.84 | 1.69 | +8.9% |
| Item | Apr to Sep 2026 | Apr to Sep 2025 | Year-on-year change |
|---|---|---|---|
| Revenue from operations | 4,601.60 | 4,030.69 | +14.2% |
| Total income | 4,692.35 | 4,112.26 | +14.1% |
| Profit before tax | 510.41 | 490.82 | +4.0% |
| Profit for the period | 383.66 | 364.14 | +5.4% |
| Basic EPS (Rs per share) | 4.74 | 4.50 | +5.3% |
Against April to June 2026 (quarter-on-quarter), standalone revenue from operations changed -2.7% from Rs 2,332.83 crore to Rs 2,268.77 crore. Standalone profit changed -36.8% from Rs 235.02 crore to Rs 148.64 crore.
What the company said
These points come from the company's own filing with NSE: the results, the notes to them and the board meeting letter. They are not our forecasts.
- Kansai Nerolac merged its wholly owned subsidiary Nerofix Private Limited into itself (NCLT order of 24 September 2026). The merger is counted from 1 April 2025, so last year's standalone figures were restated. For example, July to September 2025 standalone profit was first reported as Rs 136.94 crore and is now Rs 136.56 crore. (NSE filing, PDF p5)
- The press release in the same filing gives standalone profit before tax for the quarter as Rs 191.88 crore. The signed results table shows Rs 191.98 crore. This page uses the signed table. (NSE filing, PDF p3 and 14)
- Managing Director Pravin Chaudhari said in the press release: "Raw-material and foreign-exchange volatility continued to exert pressure on input costs. We have taken calibrated pricing actions to partly mitigate the impact". (NSE filing, PDF p14)
- Group profit attributable to the company's own shareholders was Rs 146.36 crore, against Rs 134.93 crore (+8.5%); EPS uses this figure. The rest belongs to minority shareholders in subsidiaries, whose share was a loss of Rs 2.37 crore. (NSE filing, PDF p9)
Group profit is a little below standalone profit because subsidiaries lost money: the auditors' report says two subsidiaries reviewed by other auditors made a net loss after tax of Rs 4.56 crore in the quarter. Against April to June 2026, profit fell 37.0% for the group; the filing does not give a single reason for that.
What the auditors said
The figures are unaudited. The statutory auditors carried out a limited review of the standalone and consolidated results and gave an unqualified review conclusion. A limited review is lighter than a full audit.
Dates
- Reporting period: 1 July to 30 September 2026 (Q2 FY27).
- Board meeting: 4 November 2026, from 16:00 to 18:45 IST.
- Filed with NSE: 4 November 2026 at 19:21 IST.
- Dividend: none declared in this filing.
Reported unit: The filing reports amounts in Rs crore. One crore rupees is ten million rupees. The EPS row is in rupees per share, not in the table's main unit. EPS is not annualised.
Consolidated and standalone: consolidated results describe the group, while standalone results describe the listed company itself. Where only standalone results were included in the reviewed PDF, no consolidated results have been invented.
Profit before tax and profit for the period: profit before tax is stated before the tax expense shown in the results. Profit for the period is after the relevant taxes. It is not the same as sales or revenue.
EPS: earnings per share, stated in rupees per equity share. In group accounts, EPS generally uses the part of profit attributable to owners of the parent, not the total group profit that may include minority shareholders.
Q2 FY27: the second quarter of the financial year that runs from April 2026 to March 2027. Year-on-year compares with the same period in 2025. Quarter-on-quarter compares with April to June 2026.
Source
- Kansai Nerolac Paints Limited, board meeting outcome with unaudited financial results filed 4 November 2026, 19:21 IST. Read the original NSE PDF.
This page was written by Potoos Research Services, a SEBI-registered Research Analyst (INH000027380) in Chennai. The financial figures above are transcribed from the original company filing, and each percentage is calculated from that filing's figures.
This page reports what the company filed. It is not a recommendation to buy, sell or hold.
Common questions
What was Kansai Nerolac Paints Limited's revenue in Q2 FY27?
Consolidated revenue from operations was Rs 2,317.38 crore for July to September 2026 against Rs 1,954.18 crore a year earlier, a year-on-year change of +18.6%.
Did Kansai Nerolac Paints Limited's Q2 FY27 profit rise or fall?
Consolidated profit for the period rose to Rs 143.99 crore from Rs 133.31 crore, a year-on-year change of +8.0%. Compared with April to June 2026, the change was -37.0%.
What does the reported unit mean?
One crore rupees is ten million rupees. Figures on this page are kept in Rs crore, matching the filing.
Is this page a recommendation?
No. It reports the company's published financial results and is not a recommendation to buy, sell or hold securities.