KANSAI NEROLAC PAINTS LTD. - 500165 - Opening Of New Sales Depot At Gaya, Bihar
This is to inform that the Company has now opened a sales depot at Gaya, Bihar. This will be the Company''s 104th sales depot across the country. Request you to take the same on record.
Accumulate Kansai Nerolac Paints; target of Rs 351: Prabhudas Lilladher
Prabhudas Lilladher recommended accumulate rating on Kansai Nerolac Paints with a target price of Rs 351 in its research report dated August 04, 2023. KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Earnings Call Transcript
This is further to the intimations done by the Company on 31st July, 2023, 3rd August, 2023 and 4th August, 2023 with respect to the Conference Call hosted by the Management of our Company on Friday, 4th August, 2023 at 14:30 hrs India Time to discuss Q1 FY 2023-24 Financial Results of the Company. We are enclosing herewith the transcript of the Conference Call for your information and reference. KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
This is further to the intimations done by the Company on 31st July, 2023 and 3rd August, 2023 with respect to the Investors Meet hosted by the Management of our Company on Friday, 4th August, 2023 at 14:30 hrs to discuss Q1 FY 2023-24 Financial Results of the Company. The audio recording of the Investors Meet has been uploaded on our website at https://www.nerolac.com/investors/conference-call-with-investors.html. The transcript will be shared with the Stock Exchanges and will also be uploaded on the website of the Company in due course.
Kansai Nerolac Paints Results Earnings Call for Q1FY24
Conference Call with Kansai Nerolac Paints Management and Analysts on Q1FY24 Performance and Outlook. Listen to the full earnings transcript. KANSAI NEROLAC PAINTS LTD. - 500165 - Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
TSR Consultants Private Limited, our Registrar and Share Transfer Agent, vide their letter dated 3rd August , 2023, have informed our Company regarding issue of duplicate share certificate. A copy of the letter issued by them is enclosed herewith for your information. KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Investor Presentation
Further to the intimation done by the Company on 31st July, 2023 with respect to the conference call to be hosted by the management of our Company on Friday 4th August, 2023 at 14:30 hrs India Time to discuss Q1 FY 2023-24 Financial Results of the Company, we are enclosing herewith an investor presentation. Q1FY24 Quarterly Result Announced for Kansai Nerolac Paints Ltd.
Furniture-furnishing paints company Kansai Nerolac Paints announced Q1FY24 results: For Q1FY24, the company declared net revenue of Rs 2,071.2 crore, a growth of 6.5% over Q1FY23. EBIDTA was at Rs 333.9 crore, a growth of 30.6% over Q1FY23. PBT before the exception item was at Rs 304.6 crore a growth of 39.5% over Q1FY23. PAT after exception item was at Rs 743.8 crore, a growth of 356.6% over Q1FY23. On June 30, 2023, the company entered a Deed of Conveyance with Shoden Developers Private Limited, a group company of House of Hiranandani for the sale of its land at Kavesar, Thane for a total consideration of Rs 671 crore. Accordingly, the profit on the sale of Rs 661.25 crore has been disclosed as an exceptional item in Q1FY24. Commenting on the results, Anuj Jain, Managing Director, Kansai Nerolac Paints, said, “The quarter witnessed good demand for Automotive and Performance Coating. Demand for decorative paints was healthy. Raw material prices continued to soften. Gross margins improved over the corresponding quarter last year. The company continues to pursue various initiatives in the areas of feet-on-street, digital, influencer outreach, new product launches, approvals, and projects. Looking forward, growth momentum in Automotive and Performance Coatings will continue. With a favourable monsoon and a longer festival season, Decorative demand is likely to improve closer to the festival season. The proceeds from the land sale will be mainly utilized to support business initiatives.” Result PDF KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
A press release on the Unaudited Financial Results for the quarter ended 30th June, 2023 is enclosed herewith. KANSAI NEROLAC PAINTS LTD. - 500165 - Financial Results Of The Company For The Quarter Ended 30Th June, 2023.
The Board of Directors at their meeting held on 3rd August, 2023 inter alia approved the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended 30th June, 2023.