Kansai Nerolac Paints Limited · NSE:KANSAINER
Kansai Nerolac Paints — Q4 FY2025-26 Earnings Presentation
41 slides from Kansai Nerolac Paints's earnings presentation, May 6, 2026
Slide 1: Q4 FY 2025-26 Financial Results Conference Call Investor Presentation
Page 1 of 41 KANSAI NEROLAC PAINT PAINT+ 6th May, 2026 1. Corporate Relationship Department 2. Manager – Listing BSE Limited National Stock Exchange of India Ltd. Phiroze Jeejeebhoy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Bandra (E), Mumbai - 400001. Mumbai - 400051
Slide 2: Q4 - Investor Presentation
Page 2 of 41 Q4 - Investor Presentation 6th May 2026 All rights for this presentation are reserved with Kansai Nerolac Paints Limited.
Slide 3: Disclaimer
[ ( KANSAI NEROLAC PAINT Disclaimer Page 3 of 41 This presentation may contain statements which reflect management’s current views and estimates and could be construed as forward making statements. The future involves certain risks and uncertainties that could cause actual results to differ material
Slide 4: Agenda
Page 4 of 41 AGENDA 1. Nerolac Story 2. Business Environment - ---- - - 3. Decorative Update 4. Industrial Update - - - - - - - - -- - - --- 5. Financial Performance 6. Risk and Outlook All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 5: Nerolac Story
Page 5 of 41 NEROLAC STORY All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 6: Purpose, Vision and ESG
[ ( KANSAI NEROLAC Purpose: Create environments for a healthy and beautiful future Page 6 of 41 PAINT Vision: We design solutions that protect, inspire and touch lives everyday Entered within last 3 yrs ESG: Water Positive, Emission reduction, Green energy All rights for this presentation are reserv
Slide 7: We Are A Powerhouse Of Paint
[ ( KANSAI NEROLAC PAINT We Are A Powerhouse Of Paint Page 7 of 41 Expertise and Legacy Brand Nerolac Innovator’s Spirit + JAPANESE TECHNOLOGY 2nd Strongest Consumer Paint Brand LEADERS IN INDUSTRIAL R&D Ranked in No.2 among paint brand （Brand equity index) • State of the art R&D center • Technologi
Slide 8: Business Environment
Page 8 of 41 BUSINESS ENVIRONMENT All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 9: Business Environment Q4 25-26
[ ( KANSAI NEROLAC PAINT Business Environment Q4 25-26 Page 9 of 41 Significant Crude Oil Price Significant Rupee West Asia Crisis Increase Depreciation Healthy demand in Govt. focus on Supply Chain Disruption Automotive Infrastructure All rights for this presentation are reserved with Kansai Nerola
Slide 10: Decorative Update
Page 10 of 41 DECORATIVE UPDATE All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 11: Decorative Strategy
[ ( KANSAI NEROLAC PAINT Decorative Strategy Page 11 of 41 NEW PRODUCTS INFLUENCER PROGRAM ffiL ~, 4 NEW BUSINESS NEROLAC PAINT+ BRANDING & MEDIA SPEND 'L PROJECTS BUSINESS (B2B) All rights for this presentation are reserved with Kansai Nerolac Paints Limited. 10 Investor Presentation 6th May’26
Slide 12: Decorative Strategy: New Products
[ ( KANSAI NEROLAC PAINT Decorative Strategy Page 12 of 41 NEW PRODUCTS All rights for this presentation are reserved with Kansai Nerolac Paints Limited. 10 Investor Presentation 6th May’26
Slide 13: Highlight Products of the Year
[ ( KANSAI NEROLAC PAINT Highlight Products of the Year Page 13 of 41 EXTERIOR EXTERIOR EXCEL SHEEN EXCEL EVERLAST 14 Safayi Ki Chinta Bhulao, Self Cleaning Paint Ghar Chamkega Jab Excel Sheen Lagega Lagao Modified acrylic emulsion with silicon additive. Superior India's first self-cleaning paint po
Slide 14: Highlight Products of the Year
[ ( KANSAI NEROLAC PAINT Highlight Products of the Year Page 14 of 41 EXTERIOR PREMIUM INTERIOR EXCEL BEAUTY GOLD EVERLAST 20 WASHABLE+ Bulletproof Protection — Industry First Anti-Bacterial, Highly Washable, Rich Sheen India's first exterior paint with a 20-year warranty. Interior emulsion with ric
Slide 15: Highlight Products of the Year
[ ( KANSAI NEROLAC PAINT Highlight Products of the Year Page 15 of 41 WATERPROOFING WATERPROOFING PERMA SOLDIER NO HEAT RAIN RAKSHA Heat Ko Karo Beat With NO HEAT No Garmi, No Geeli Wall Nerolac Perma No Heat is a heat-reflecting liquid-applied Rain Raksha is a high-strength fibre-reinforced waterpr
Slide 16: Decorative Strategy: New Business and Projects
[ ( KANSAI NEROLAC PAINT Decorative Strategy Page 16 of 41 NEW BUSINESS PROJECTS BUSINESS (B2B) All rights for this presentation are reserved with Kansai Nerolac Paints Limited. 10 Investor Presentation 6th May’26
Slide 17: Key Growth Drivers
[ ( KANSAI PAINT Key Growth Drivers Page 17 of 41 NEW BUSINESS (CC, WATER PROOFING & PREMIUM WOOD FINISH) Water-proofing Tile Adhesives Admixture Construction Robust growth witnessed in New Business Chemical Saliency of New Business increased further Waterborne coating Pigmented Wood system Wood
Slide 18: Marquee Projects
[ ( KANSAI NEROLAC PAINT Marquee Projects Page 18 of 41 Jharkhand High Court Vidhan Sabha (Raipur) General Pool Residential Accommodation (Raipur) All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 19: Decorative Strategy: Influencer Program
[ ( KANSAI NEROLAC PAINT Decorative Strategy Page 19 of 41 INFLUENCER PROGRAM All rights for this presentation are reserved with Kansai Nerolac Paints Limited. 10 Investor Presentation 6th May’26
Slide 20: Influencer Program
[ ( KANSAI NEROLAC PAINT Influencer Program Page 20 of 41 Paint as a service (NxtGen) Present in 250+ cities Continued to invest in the NextGen service Architects & Interior Designers PERSONALISED COLOUR (Illuminati) RECOMMENDATION WITH NEROLAC • Present in 45+ cities COLOUR SENSOR • Healthy gro
Slide 21: Retail Platform for Customers (Offline)
[ ( KANSAI NEROLAC PAINT Retail Platform for Customers (Offline) Page 21 of 41 NXTGEN SHOPPE SHOP IN SHOP NEROLAC PAINT+ ZONE 250+ SHOP IN SHOP 250+ NP+ ZONE 150+ NXTGEN SHOPPE All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation All rights for this
Slide 22: Decorative Strategy: Branding & Marketing
[ ( KANSAI NEROLAC PAINT Decorative Strategy Page 22 of 41 BRANDING & MARKETING All rights for this presentation are reserved with Kansai Nerolac Paints Limited. 10 Investor Presentation 6th May’26
Slide 23: Branding & Marketing
[ ( KANSAI PAINT Branding & Marketing Page 23 of 41 Social Media Outreach Focus markets Outreach First in my bloodline to show what the whitest white looks like Jingle film promotion on Dhurandhar 2 Cinema YouTube activity Influencer scheme Unipole branding communication video shira_shijo • HAL DWAN
Slide 24: Media Campaigns
[ ( KANSAI NEROLAC PAINT Media Campaigns Page 24 of 41 Ghar ki Raunak ~15,000 spots across top channels Campaign Digital 70Cr+ impressions across platforms like resulting in ~10% ad share during TV Video Youtube, Meta and OTT’s campaign Tactical presence in Asia Cup on TV as well Asia Spread awarene
Slide 25: Industrial Update
Page 25 of 41 INDUSTRIAL UPDATE All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 26: Industrial Paints
[ ( KANSAI NEROLAC PAINT Industrial Paints Page 26 of 41 DIVERSE APPLICATIONS, DIVERSE BUSINESS OPPORTUNITIES Powder General Industrial High Performance Coatings White Goods Kitchen Helmet-GI Can Coating-GI Coil Coating-HPC Floor Coating-HPC Air conditioner Washing Machine Construction Agricultural
Slide 27: New Products – Automotive
[ ( KANSAI NEROLAC PAINT New Products – Automotive Page 27 of 41 Passenger Vehicle 2 & 3 Wheeler Vehicle Commercial Vehicle Focus on enhancing Finishes and Functionality, offer versatile Applications and prioritize Environmental Sustainability Low-Bake Technology: Super Low-Bake Colour Coating: Ener
Slide 28: New Products – Performance Coating
[ ( KANSAI NEROLAC PAINT New Products – Performance Coating Page 28 of 41 General industrial & High Performance Coating Powder Coating Focus on enhancing Finishes and Functionality, offer versatile Applications and prioritize Environmental ~ I·- - - = '41 -- Sustainability 1~ - ~ ------- 9. Highly F
Slide 29: Q4 Industrial Highlights
[ ( KANSAI PAINT Q4 Industrial Highlights Page 29 of 41 Automotive Auto Refinish Performance Coating Passenger Vehicle: • Healthy demand witnessed in PV Business Growth • New models and SUVs continued to support the • Moderate demand growth passenger vehicle growth Liquid Premiumisation Witnessed
Slide 30: Accolades – FY'25-26
Accolades – FY’25-26 Page 30 of 41 Decorative Z .,l :2025 KVOORIUS CREATIVE AWARDS “Dragons of Asia Marketing Awards” Gold Winner Ambient Media 12 Awards won 7 Baby Blue Elephant Awards - Gold Dragon: Business to Business Marketing 1 x Grand Prix (Best in Industry) - Silver Dragon: Marketing Discipl
Slide 31: ESG
[ ( KANSAI NEROLAC ESG PAINT Page 31 of 41 I I SUSTAINALYTICS :I ~CDP a Morningstar company KNPL was rated in KNPL has been Recognized in the Rated in the Top 12 Rated in the Top and “B Category” in awarded a Bronze “Strong ” Category Percentile within the ranks 20/577 in the Climate Change Medal in
Slide 32: CSR Initiatives
[ ( KANSAI NEROLAC PAINT CSR Initiatives Page 32 of 41 Livelihood & Skill Enhancement Program Preventive Health Care & Sanitation Rural / Community Development Promoting Education Ensuring Environmental Sustainability Program Head Skill Enhancement Ensuring Env. Sustainability Community Development
Slide 33: Financial Performance
Page 33 of 41 FINANCIAL PERFORMANCE All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 34: Financials Standalone Q4 & FY 25-26
Financials Standalone Q4 & FY 25-26 NEROLAC [ ( KANSAI PAINT Page 34 of 41 Q4 % to Q4 % to FY % to FY % to Rs. In Millions Net Net Net Net 2024-25 2025-26 2024-25 2025-26 Revenue Revenue Revenue Revenue Net Revenue 17404.3 100.0% 18734.4 100.0% 74967.1 100.0% 77392.3 100.0% Material Cost 11379.1 65.
Slide 35: Financials Consolidated Q4 & FY 25-26
Financials Consolidated Q4 & FY 25-26 Page 35 ofNEROLAC [ ( KANSAI PAINT 41 Q4 % to Q4 % to FY % to FY % to Rs. In Millions Net Net Net Net 2024-25 2025-26 2024-25 2025-26 Revenue Revenue Revenue Revenue Net Revenue 18166.5 100.0% 19537.1 100.0% 78229.7 100.0% 80519.1 100.0% Material Cost 11885.5 65
Slide 36: Working Capital
[ ( KANSAI NEROLAC PAINT Working Capital Page 36 of 41 Rs Millions FY 2024-2025 FY 2025-2026 Working Capital Value NOD Value NOD Inventories 16097 121 14929 109 Debtors 12747 47 13798 50 Cash & Bank balances 857 1841 Other Current Assets 22036 25579 Total 51737 56147 Less: Current Liabilities 12873
Slide 37: Dividend
[ ( KANSAI NEROLAC PAINT Dividend Page 37 of 41 Financial Year 2021-22 2022-23 2023-24 2024-25 2025-26 Dividend % 225 270 375* 375* 250 Dividend per share Rs (Face Value Re 1 each) 2.25 2.70 3.75 3.75 2.50 *Including special dividend 125% All rights for this presentation are reserved with Kansai Ner
Slide 38: Capex
[ ( KANSAI NEROLAC PAINT Capex Page 38 of 41 Rs Million 2020-21 2021-22 2022-23 2023-24 2024-25 2025-26 Projects 1,140 1,415 280 696 1,741 549 Normal 600 875 1116 1676 1755 1191 Total Capex 1,740 2,290 1,396 2,372 3,496 1,741 All rights for this presentation are reserved with Kansai Nerolac Paints L
Slide 39: Risk & Outlook
Page 39 of 41 RISK & OUTLOOK All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation 6th May’26
Slide 40: Risk and Outlook
Risk and Outlook NEROLAC [ ( KANSAI PAINT Page 40 of 41 Risk • West Asia Crisis leading to supply chain disruptions • High commodity prices due to crude oil price surge • Import cost surge due to rupee depreciation Outlook • As per RBI, Construction activity to sustain momentum • Paint Price Increas
Slide 41: Thank You!
[ ( KANSAI PAINT NEROLAC Page 41 of 41 THANK YOU! All rights for this presentation are reserved with Kansai Nerolac Paints Limited. Investor Presentation All rights for this presentation are reserved with Kansai Nerolac Paints Limited. 6th May’26
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