Net sales (including other operating income) of Kansai Nerolac Paints has increased 1.36% to Rs 2162.03 crore.
Operating profit margin has declined from 15.45% to 14.02%, leading to 8.03% decline in operating profit to Rs 303.15 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 55.76% to 56.20%. Purchase of finished goods cost rose from 5.96% to 6.53%. Employee cost increased from 6.07% to 6.39%. Other expenses rose from 16.14% to 16.39%. Other income rose 55.51% to Rs 52.61 crore. PBIDT fell 2.11% to Rs 355.76 crore. Provision for interest rose 2.08% to Rs 7.36 crore. PBDT fell 2.20% to Rs 348.4 crore. Provision for depreciation rose 9.97% to Rs 52.94 crore. Profit before tax down 4.10% to Rs 295.46 crore. Share of profit/loss were nil in both the periods. Provision for tax was expense of Rs 79.87 crore, compared to Rs 83.22 crore. Effective tax rate was 27.03% compared to 27.01%. Minority interest increased 10.74% to Rs -5.32 crore. Net profit attributable to owners of the company decreased 4.30% to Rs 220.91 crore. Promoters' stake was 74.98% as of 30 June 2025 ,compared to 74.99% as of 30 June 2024 .Commenting on the results, Mr. Pravin Chaudhari, Managing Director, Kansai Nerolac Paints Ltd said, 'During the quarter demand for Decorative showed signs of revival though an early monsoon impacted during the later part of the quarter. KNP decorative performance was affected due to the disturbance in April which impacted key markets in the North.
In Automotive, demand for KNP continued to be better than the market, on the back of various initiatives. Performance coatings registered strong growth. Raw material prices were benign. Forex remained volatile. The uncertainty in the environment due to geo-political factors continued and we remain watchful. Looking ahead, we anticipate an improvement in decorative demand driven by a favorable monsoon and the early onset of Diwali. In the industrial segment, we expect our market leading growth trajectory to continue'.Full year results analysis
Net sales (including other operating income) of Kansai Nerolac Paints has increased 0.28% to Rs 7822.97 crore. Operating profit margin has declined from 13.17% to 12.05%, leading to 8.31% decline in operating profit to Rs 942.32 crore. Raw material cost as a % of total sales (net of stock adjustments) increased from 58.41% to 58.51%. Purchase of finished goods cost rose from 6.24% to 6.25%. Employee cost increased from 5.75% to 6.42%. Other expenses rose from 16.42% to 16.76%. Other income rose 51.45% to Rs 139.15 crore. PBIDT fell 3.41% to Rs 1081.47 crore. Provision for interest rose 6.98% to Rs 31.25 crore. Loan funds rose to Rs 296.39 crore as of 31 March 2025 from Rs 276.42 crore as of 31 March 2024. Inventories declined from Rs 1,687.46 crore as of 31 March 2024 to Rs 1,665.07 crore as of 31 March 2025. Sundry debtors were higher at Rs 1,356.70 crore as of 31 March 2025 compared to Rs 1,334.88 crore as of 31 March 2024. Cash and bank balance rose to Rs 290.06 crore as of 31 March 2025 from Rs 259.95 crore as of 31 March 2024. Investments rose to Rs 1,849.79 crore as of 31 March 2025 from Rs 1,326.62 crore as of 31 March 2024 . PBDT fell 3.69% to Rs 1050.22 crore. Provision for depreciation rose 5.90% to Rs 201.7 crore. Fixed assets increased to Rs 2,454.57 crore as of 31 March 2025 from Rs 2,298.23 crore as of 31 March 2024. Intangible assets declined from Rs 36.50 crore to Rs 17.94 crore. Profit before tax down 5.72% to Rs 848.52 crore. Share of profit/loss were nil in both the periods. Extraordinary items were decreased to Rs 629.51 crore. Provision for tax was expense of Rs 368.7 crore, compared to Rs 385.35 crore. Effective tax rate was 24.95% compared to 24.68%. Minority interest decreased 250.94% to Rs -33.62 crore. Net profit attributable to owners of the company decreased 3.58% to Rs 1,142.95 crore. Equity capital stood at Rs 80.84 crore as of 31 March 2025 to Rs 80.84 crore as of 31 March 2024. Per share face Value remained same at Rs 1.00. Promoters' stake was 74.98% as of 31 March 2025 ,compared to 74.99% as of 31 March 2024 . Cash flow from operating activities decreased to Rs 672.36 crore for year ended March 2025 from Rs 903.01 crore for year ended March 2024. Cash flow used in acquiring fixed assets during the year ended March 2025 stood at Rs 430.97 crore, compared to Rs 378.42 crore during the year ended March 2024. The stock trades at Rs 243| Kansai Nerolac Paints : Consolidated Results | ||||||
| Particulars | 2506 (03) | 2406 (03) | Var.(%) | 2503 (12) | 2403 (12) | Var.(%) |
| Net Sales | 2,162.03 | 2,133.06 | 1 | 7,822.97 | 7,801.44 | 0 |
| OPM (%) | 14.0 | 15.5 | 12.1 | 13.2 | ||
| OP | 303.15 | 329.61 | -8 | 942.32 | 1,027.75 | -8 |
| Other Inc. | 52.61 | 33.83 | 56 | 139.15 | 91.88 | 51 |
| PBIDT | 355.76 | 363.44 | -2 | 1,081.47 | 1,119.63 | -3 |
| Interest | 7.36 | 7.21 | 2 | 31.25 | 29.21 | 7 |
| PBDT | 348.4 | 356.23 | -2 | 1,050.22 | 1,090.42 | -4 |
| Depreciation | 52.94 | 48.14 | 10 | 201.7 | 190.46 | 6 |
| PBT | 295.46 | 308.09 | -4 | 848.52 | 899.96 | -6 |
| Share of Profit/(Loss) from Associates | 0 | 0 | - | 0 | 0 | - |
| PBT before EO | 295.46 | 308.09 | -4 | 848.52 | 899.96 | -6 |
| EO Income | 0 | 0 | - | 629.51 | 661.25 | -5 |
| PBT after EO | 295.46 | 308.09 | -4 | 1478.03 | 1561.21 | -5 |
| Taxation | 79.87 | 83.22 | -4 | 368.7 | 385.35 | -4 |
| PAT | 215.59 | 224.87 | -4 | 1109.33 | 1175.86 | -6 |
| Minority Interest (MI) | -5.32 | -5.96 | 11 | -33.62 | -9.58 | -251 |
| Net profit | 220.91 | 230.83 | -4 | 1142.95 | 1185.44 | -4 |
| EPS (Rs)* | # | # | 8.1 | 8.5 | ||
| Notes | ||||||
| * EPS is on current equity of Rs 80.84 crore, Face value of Rs 1, Excluding extraordinary items. | ||||||
| # EPS is not annualised | ||||||
| bps : Basis points | ||||||
| Figures in Rs crore | ||||||
| Source: Capitaline Corporate Database | ||||||
Powered by Capital Market - Live News