Kansai Nerolac Paints Ltd (KANSAINER) — concall transcript | 30 June 2026

{ "summary: Kansai Nerolac Paints reported double-digit growth in project and construction chemicals during Q1 FY2026-27, driven by strong industrial demand and network expansion. Management highlighted new product launches like Excel Everlast 20 with a 20-year warranty and significant media reach, while emphasizing ESG commitments and premiumization strategies. Capex of ₹601 crores is planned for capacity expansion in automotive and resin segments over two years, targeting ROCE of 18%. The company expects mid-single digit growth in economy paints and double-digit in super premium segments, with 3-5% pricing hikes anticipated in Q2. Industrial volume growth remains robust, supported by backward integration and global supply chain advantages. extractedFields: {"keyEvent":"Kansai Nerolac reports double-digit industrial growth and launches Excel Everlast 20 with 20-year warranty","whatChanged":null,"forwardGuidance":"3-5% pricing hikes expected in Q2; mid-single digit economy paint growth; double-digit super premium growth; INR600 crores capex over 2 years for automotive/resin capacity","investorTakeaway":"Premiumization and capacity expansion are driving industrial growth and margin resilience, with pricing power supporting future profitability","followUpQuestions":["What is the expected margin impact from the INR600 crores capex?","How does the 20-year warranty product affect competitive positioning?","When will pricing hikes be implemented in industrial coatings?"]} sentiment: neutral