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Kansai Nerolac Paints' consolidated revenue for Q2 FY25 stood at ₹1,951 Crores, while PAT reached ₹120 Crores, marking a decline. Performance coatings and automotive segments showed resilience despite challenges in the decorative segment due to extended monsoons.
Kansai Nerolac's consolidated revenue for Q2 FY25 was ₹1,951 Crores. While the automotive segment demonstrated growth, the decorative paint segment faced challenges due to prolonged monsoons. PAT stood at ₹120 Crores, marking a decline from the previous year, primarily driven by margin pressure and mix changes.
The results reflect industry-wide challenges and have turned out to be lower than expectations, with Kansai Nerolac showing resilience despite market pressures. Growth in infrastructure, real estate, and automotive sectors is expected to support future performance.
Managing Director Anuj Jain expressed optimism about the company's diversified growth, with strong contributions from the automotive and performance coatings segments. While challenges persist in the decorative segment, easing raw material prices are expected to bolster future margins.
Particulars | Q2 FY25 | Q2 FY24 | YoY Change |
Revenue from Operations | ₹1,951 Crores | ₹1,957 Crores | Slight Decline |
EBITDA | ₹233 Crores | ₹270 Crores | -13.70% |
PAT | ₹120 Crores | ₹176 Crores | -31.80% |
Total Income | ₹1,978.07 Crores | ₹1,978.56 Crores | Flat |
Cost of Materials Consumed | ₹1,228.84 Crores | ₹1,204.38 Crores | 2% |
Employee Benefits Expense | ₹124.57 Crores | ₹108.51 Crores | 14.80% |
Depreciation and Amortisation | ₹48.56 Crores | ₹47.39 Crores | 2.50% |
Other Expenses | ₹326.45 Crores | ₹314.77 Crores | 3.70% |
PBT Before Exceptional Items | ₹182.77 Crores | ₹240.27 Crores | -23.90% |
Total Expenses | ₹1,795.30 Crores | ₹1,738.29 Crores | 3.30% |
Check out Nerolac Paints’ past performances in previous quarters and financial years.
Kansai Nerolac Paints' Q2 FY25 consolidated performance highlights challenges in maintaining margins due to a shift in mix and increased expenses. Positive signs in the automotive and performance coatings segments offer optimism for the latter half of the fiscal year.
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