Kansai Nerolac Paints Share Price Target 2026, 2027, 2030, 2040, 2050
Kansai Nerolac Paints is one of India’s leading paint companies and is the top company in industrial paints. It is also the third-largest company in decorative paints used in homes. It makes many types of paints, such as wall paints for houses and offices, car paints, powder coatings, wood paints, strong industrial paints, and construction-related products. It is especially famous for paints used in cars, factories, and machines. The company has many factories across different parts of India and sells its products through a large network of dealers.
- 1 What is Kansai Nerolac Paints Ltd NSE: KANSAINER?
- 2 Kansai Nerolac Paints Share Price Target
- 3 Kansai Nerolac Paints Share Price Target 2026
- 4 Kansai Nerolac Paints Share Price Target 2027
- 5 Share Price Target 2028
- 6 Share Price Target 2029
- 7 Kansai Nerolac Paints share price Target 2030
- 8 Share Price Target 2040
- 9 Share Price Target 2050
- 10 Should I buy Kansai Nerolac Paints stock?
- 11 Kansai Nerolac Paints earnings results
- 12 Is Kansai Nerolac Paints stock good to buy? (bull case & bear case)
- 13 Conclusion
- 14 FAQs
- 15
What is Kansai Nerolac Paints Ltd NSE: KANSAINER?
Kansai Nerolac Paints is a well-known Indian paint company, established in 1920, situated in Mumbai, Maharashtra, and owned by Kansai Paint Co., Ltd., Japan. The company makes paints for houses, buildings, factories, and vehicles. It is popular for wall paints used in homes and is also the largest manufacturer of industrial paints in India, used for cars, machines, and electrical items. It focuses on high-quality, environmentally friendly paints, making it a trusted paint brand in India.
It makes and sells many types of paints and coatings that are used in homes, offices, factories, and vehicles. The company makes decorative paints that give colour and a fresh look to walls and buildings. It also makes industrial paints that protect machines, metal parts, and equipment from rust, heat, and damage. These paints are used by normal home users as well as big companies and factories. The company serves many different needs; it plays an important role in daily life and industrial growth. In 2026, its share price target would be ₹341, as per stock market analysts.
According to stock market analysts, its share price would be between ₹203 to ₹341 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 203 | 341 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 212 | 248 |
| February | 207 | 267 |
| March | 203 | 280 |
| April | 211 | 297 |
| May | 221 | 307 |
| June | 227 | 314 |
| July | 233 | 320 |
| August | 237 | 327 |
| September | 242 | 335 |
| October | 247 | 337 |
| November | 250 | 339 |
| December | 259 | 341 |
It is mainly owned by Kansai Paint Co., Ltd. of Japan, which is a famous paint company around the world. The Japanese parent company gives strong technical support, research knowledge, and global experience. Because of this support, it uses modern technology and better methods to make its paints. This helps the company maintain good quality and meet international standards. It designs its products according to Indian weather and customer needs. In 2027, its share price target would be ₹478, as per stock market analysts.
According to stock market analysts, its share price would be between ₹320 to ₹478 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 320 | 478 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 320 | 370 |
| February | 327 | 389 |
| March | 330 | 400 |
| April | 332 | 411 |
| May | 335 | 421 |
| June | 339 | 429 |
| July | 342 | 437 |
| August | 344 | 445 |
| September | 358 | 452 |
| October | 368 | 458 |
| November | 377 | 463 |
| December | 380 | 478 |
The company values honesty, responsibility, and customer satisfaction. It believes that business growth should also care for people, society, and the environment. These values guide how the company makes products, runs factories, and treats workers and customers. It always tries to improve its products and learn new things. Its focus on fair and ethical business helps build trust over time. These values are closely linked to the company’s long history and good reputation in the Indian paint market. In 2028, its share price target would be ₹600, as per stock market analysts.
According to stock market analysts, its share price would be between ₹450 to ₹600 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 450 | 600 |
Its decorative paints are an important part of the business. These paints are used in houses, offices, schools, hospitals, and commercial buildings. The company offers many colours, finishes, and textures so customers can choose what they like. These paints not only make walls look beautiful but also protect them from stains, damage, and weather effects. It focuses on making paints that are easy to use and last for a long time. It offers good-quality decorative paints, and the company helps people make their homes and workplaces more attractive and comfortable. In 2029, its share price target would be ₹723, as per stock market analysts.
According to stock market analysts, its share price would be between ₹579 to ₹723 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 579 | 723 |
It is the top company in industrial and automotive paints in India. These paints are used by car companies, factories, and machine makers. Industrial paints protect metal parts from rust, chemicals, heat, and daily wear. Automotive paints help vehicles look good and stay protected for many years. The company works closely with manufacturers to meet high-quality and safety rules. This strong position in industrial paints provides it with an advantage over other companies. Its success in this area comes from many years of experience and advanced technology. In 2030, its share price target would be ₹850, as per stock market analysts.
According to stock market analysts, its share price would be between ₹700 to ₹850 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 700 | 850 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 700 | 755 |
| February | 721 | 778 |
| March | 730 | 790 |
| April | 735 | 798 |
| May | 741 | 805 |
| June | 752 | 810 |
| July | 760 | 814 |
| August | 765 | 820 |
| September | 774 | 827 |
| October | 780 | 830 |
| November | 789 | 842 |
| December | 793 | 850 |
The company gives high importance to making paints that are safe for people and the environment. Many of its paints have low harmful chemicals and very little smell. These paints are safer to use inside homes and reduce health problems. The company also works to reduce waste and pollution in its factories. It shows care for nature and future generations. This helps customers choose safer paints for their homes while also protecting the environment. In 2040, its share price target would be ₹1452, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1333 to ₹1452 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 1333 | 1452 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1333 | 1384 |
| February | 1340 | 1399 |
| March | 1344 | 1407 |
| April | 1347 | 1411 |
| May | 1350 | 1417 |
| June | 1352 | 1420 |
| July | 1356 | 1423 |
| August | 1359 | 1426 |
| September | 1362 | 1432 |
| October | 1366 | 1437 |
| November | 1370 | 1442 |
| December | 1374 | 1452 |
It runs many manufacturing plants across different parts of India. These factories help the company make large amounts of paint and supply products to many regions easily. Having many plants helps reduce delivery time and ensures better product availability. The company follows strict quality and safety rules in its factories to maintain the same quality everywhere. Strong manufacturing capacity supports both home paints and industrial paints. In 2050, its share price target would be ₹2045, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1918 to ₹2045 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 1918 | 2045 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 1918 | 1958 |
| February | 1920 | 1966 |
| March | 1923 | 1972 |
| April | 1927 | 1980 |
| May | 1930 | 1985 |
| June | 1935 | 1989 |
| July | 1941 | 1999 |
| August | 1944 | 2010 |
| September | 1950 | 2014 |
| October | 1954 | 2022 |
| November | 1957 | 2034 |
| December | 1960 | 2045 |
Should I buy Kansai Nerolac Paints stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 203 | 341 |
| 2027 | 320 | 478 |
| 2028 | 450 | 600 |
| 2029 | 579 | 723 |
| 2030 | 700 | 850 |
| 2040 | 1333 | 1452 |
| 2050 | 1918 | 2045 |
The company makes paints for walls in homes and offices, as well as industrial and car paints that protect machines, metal, and vehicles from damage. It has many factories across India and a big network of dealers, so its products are available almost everywhere. It has a long history and focuses on making safe, eco-friendly, and long-lasting paints. Its growth is steady, but competition from other paint companies can affect profits.
Kansai Nerolac Paints earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 5,280 | 5,074 | 6,369 | 7,543 | 7,801 | 7,823 | 7,855 |
| Expenses + | 4,476 | 4,211 | 5,720 | 6,725 | 6,774 | 6,881 | 6,936 |
| Operating Profit | 804 | 863 | 649 | 818 | 1,028 | 942 | 919 |
| OPM % | 15% | 17% | 10% | 11% | 13% | 12% | 12% |
| Other Income + | 26 | 38 | 25 | 26 | 753 | 769 | 789 |
| Interest | 21 | 24 | 29 | 29 | 29 | 31 | 32 |
| Depreciation | 142 | 165 | 170 | 180 | 190 | 202 | 212 |
| Profit before tax | 667 | 712 | 476 | 635 | 1,561 | 1,478 | 1,464 |
| Tax % | 23% | 26% | 28% | 26% | 25% | 25% | |
| Net Profit + | 516 | 526 | 343 | 468 | 1,176 | 1,109 | 1,114 |
| EPS in Rs | 6.44 | 6.55 | 4.44 | 5.86 | 14.66 | 14.14 | 14.16 |
| Dividend Payout % | 33% | 53% | 34% | 31% | 26% | 27% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 15.91 | 2.84 | 1.66% | 29.38 | 3.37 | 1.53% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| Kansai Nerolac Paints Ltd | 15.94 | 2.84 | 1.66% |
| Asian Paints Ltd | 68.56 | 12.53 | 0.95% |
| Berger Paints India Ltd | 48.92 | 9.36 | 0.77% |
| Indigo Paints Ltd | 35.48 | 4.88 | 0.33% |
Is Kansai Nerolac Paints stock good to buy? (bull case & bear case)

Bull Case:
- In Q1 FY2025‑26, revenue was ₹2,162 crore and net profit was ₹220.9 crore, showing the company is making good money.
- In Q2 FY2025‑26, net profit went up 11.3% to ₹133.3 crore compared with last year, even though revenue stayed the same.
- In an earlier quarter, net profit grew ~40% to ₹152.1 crore and revenue rose ~5% YoY, showing the company can make better profits.
- People need wall paints, car paints, and industrial coatings, so there is a steady demand.
- Being owned by a Japanese parent and using modern technology helps keep product quality high and supports growth.
- Annual revenue stayed high at around ₹7,823 crore, showing the company is stable.
Bear Case:
- In Q4 FY2025, net profit dropped ~6.5% to ₹108.5 crore, showing margins are under pressure.
- Many recent quarters had flat revenue and profit, meaning demand is weak.
- Demand for decorative paints fell because of bad weather and lower spending by customers.
- Strong competition from other paint companies puts pressure on prices and profits.
Conclusion
It is one of India’s leading paint companies, strong in industrial paints and popular for home and office paints. The company makes wall paints, car paints, and industrial coatings used in homes, offices, and factories. It has many factories and a large dealer network, so its products are easy to find. The company focuses on safe, eco-friendly, and long-lasting paints and uses good technology from its parent company. Overall, it is a stable choice for long-term investment.

