However, in the calendar year 2026 so far, paint stocks have underperformed the market, falling up to 38 per cent due to poor operational performance and rising crude oil prices.
Paint stocks slipped in FY26 Q3 as weak decorative demand, intense competition and rising crude oil prices outweighed hopes of a volume-led recovery
Stocks to watch today, December 12: Piramal Pharma, Kansai Nerolac and Oswal Pumps are other top stocks to track today.
Birla Opus' early gloss fades, giving seasoned players room to repaint the market as disruption fears dry out and demand colours back in
Kansai Nerolac Paints Ltd has reported an increase of 11.3 per cent in its consolidated net profit to Rs 133.31 crore in the September quarter of FY26. The company had posted a net profit of Rs 119.76 crore in the July-September period a year ago, Kansai Nerolac Paints said in a regulatory filing on Monday. However, its revenue from operations was flat at Rs 1,954.18 crore in the September quarter of FY26. It was at Rs 1,951.37 crore in the corresponding quarter a year ago. Total expenses of Kansai Nerolac Paints were at Rs 1,800.94 crore, marginally up in the September quarter. Kansai Nerolac's total income, which includes other income, was flat at Rs 1,982.61 crore. "Overall demand in decorative was affected due to heavy and extended monsoons. The company continues to do well in areas of construction chemicals, waterproofing, wood finishes and projects. A shorter Diwali season and continued monsoons could impact growth in the short term," said Kansai Nerolac in its earnings ...