Kansai Nerolac Paints (500165) Q4 96/97 earnings summary
Event summary combining transcript, slides, and related documents.
Q4 96/97 earnings summary
27 Oct, 2026Executive summary
FY97 gross turnover rose 16.2% to Rs 460 crore; PBT and PAT increased about 37% YoY, against single-digit growth in the paint industry.
Expansion focused on premium coatings, technical partnerships and a new manufacturing plant at Lote Parshuram, expected to start commercial production in H2 FY98.
Financial highlights
Sales before excise duty were Rs 447.01 crore and net sales Rs 375.80 crore; prior-year figures were Rs 384.67 crore and Rs 320.09 crore, respectively.
PBT rose to Rs 38.46 crore from Rs 28.10 crore; PAT increased to Rs 24.26 crore from Rs 17.50 crore.
Recommended dividend of 60%, totaling Rs 7.33 crore, tax-free in shareholders’ hands; prior-year rate was 50%.
Outlook and guidance
Lote Parshuram plant was expected to begin commercial production in H2 FY98, barring unforeseen circumstances.
Product development plans emphasized import substitution, reducing imported content and reformulating existing products.
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