Kansai Nerolac Paints posted consolidated Q2 FY26 revenue of ₹1,954 crore and net profit of ₹135 crore, reflecting ongoing market pressures. While automotive and performance coatings segments show resilience, the decorative segment faces challenges due to prolonged monsoons. The management remains optimistic about future growth with easing raw material prices.
                                        
                        
	Kansai Nerolac Paints reported its consolidated financial results for the second quarter of FY26, recording revenue from operations of ₹1,953.7 crore and a net profit of ₹135 crore. The revenue remains largely stable with minor growth compared to the previous quarter, whereas the net profit indicates pressure on margins mainly due to mix changes and increased expenses.
	 
	The company’s decorative paint segment contended with subdued demand impacted by extended monsoon seasons, directly affecting sales volumes and profitability. However, the automotive paint segment performed well, buoyed by growing demand for premium auto finishes and steady performance coatings, which helped offset some challenges.
	 
	Management highlighted progress on capacity expansions, including the commissioning of a new water-based paint facility to enhance sustainable operations. Raw material costs, which initially showed inflationary trends, have exhibited a softening in recent weeks, likely to improve margin profiles in the coming quarters.
	 
	Overall, Kansai Nerolac’s diversified portfolio, with strong prospects in industrial and automotive segments, positions it for recovery and growth as market conditions stabilize.
	 
	Notable Updates:
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		Consolidated revenue: ₹1,953.7 crore, nearly flat quarter-on-quarter
 
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		Consolidated net profit: ₹135 crore, reflecting margin pressures and mix impact
 
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		Decorative segment impacted by prolonged monsoons; auto and performance coatings showing strength
 
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		New water-based paint capacity added to support sustainable growth initiatives
 
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		Raw material prices softening, expected to benefit margins going forward
 
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		Positive outlook on infrastructure and automotive demand driving future growth
 
	 
	Sources: Moneycontrol, Bajaj Broking, Economic Times, Financial Express