Kansai Nerolac Paints

Kansai Nerolac reported a 7.6%Current reported value: 7.6%. No comparable prior figure is available in the source record. standalone revenue growth in Q4 FY26, with PBDIT up 21%Current reported value: 21%. No comparable prior figure is available in the source record. YoY, driven by improved product mix in decorative and double-digit auto demand. Decorative growth was mid-single digit, with a focus on premium products and new launches like Excel Sheen and XL Everlast. Industrial grew in higher single digits, with auto strong but other segments moderate. Management guided for 13-14%Current reported value: 13-14%. No comparable prior figure is available in the source record. EBITDA margin, assuming raw material stability, and has taken cumulative price hikes of high single digits in decorative. Risks include prolonged West Asia crisis, crude volatility, and rupee depreciation. The company remains cautious on demand visibility due to inflation but sees green shoots from the past five months.