Kansai Nerolac Paints Limited has informed the Exchange that Board of Directors at its meeting held on May 06, 2026, recommended Final Dividend of Rs. 2.50 per equity share.
KANSAINER · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Kansai Nerolac Paints reported audited results for FY26 ending March 2026. Consolidated revenue grew to Rs. 8,051.91 Crores from Rs. 7,822.97 Crores, but profit after tax fell to Rs. 575.84 Crores from Rs. 1,109.33 Crores in FY25. The profit decline was primarily due to a one-time gain of Rs. 665.44 Crores from sale of investment property in the previous year. The Board recommended a final dividend of Rs. 2.50 per share (250%) for FY26, compared to Rs. 3.75 per share (375%) paid for FY25, which included a special dividend of Rs. 1.25 per share. The company also divested its stake in Kansai Paints Lanka during the year. Net cash generated from operations was Rs. 894.37 Crores.
The dividend has been reduced by Rs. 1.25 per share as the company did not repeat the special dividend component. Despite lower profitability due to absence of one-time gains, the company maintains shareholder returns. The reduction may be viewed negatively by income-focused investors.