Kansai Nerolac Paints share price hits 52-week low after Q4 earnings
Kansai Nerolac Paints on May 10 has posted 80 percent fall in ist Q4 net profit at Rs 24.73 crore, down 80.1% from Rs 124.28 crore, YoY.11-05-2022
11-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Book Closure For The Purpose Of The AGM And Payment Of Dividend
The 102nd AGM of the Company will be held on Thursday,23rd June, 2022. The Register of Members and Share Transfer books will remain closed from Friday, 10th June, 2022 to Thursday, 23rd June, 2022 (both days inclusive), for the purpose of AGM and payment of final dividend. The Board has recommended a final dividend of 100% (Re. 1.00 per share) for the year, in addition the Company had declared interim dividend of 125% (Rs. 1.25 per share) paid on November,2021. Accordingly, the total dividend is 225%(Rs. 2.25 per share) for the financial year ended 31st March,2022 as compared to total dividend of 525%(Rs. 5.25 per share) including special dividend of 200%(Rs. 2.00 per share) declared last year. Final dividend, when declared, will be payable on or after Tuesday, 28th June,2022, to those Members whose names are registered in the Register of Members on Thursday, 9th June, 2022 and to the Beneficiary holders as per the beneficiary list on Thursday, 9th June,2022 provided by NSDL and CDSL.10-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Change in Directorate
The Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Tuesday, 10th May, 2022 approved the reappointment of Ms. Sonia Singh (holding Director Identification Number: 07108778) as an Independent Director, for a term of five years, with effect from 29th July, 2022, subject to approval of the shareholders of the Company. Ms. Sonia Singh is not debarred from holding the office of director by virtue of any SEBI order or any other such authority. Further, the details as required under SEBI Listing Regulations and SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 9, 2015 is enclosed herewith as Annexure A10-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Press Release / Media Release
The Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Tuesday, 10th May, 2022. A press release issued on the Audited Financial Results is also enclosed herewith.10-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Corporate Action-Board approves Dividend
The Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Tuesday, 10th May, 2022, inter alia has recommended a final dividend of 100% (Re. 1.00 per share) for the year, in addition the Company had declared interim dividend of 125% (Rs. 1.25 per share) paid on 22nd November, 2021. Accordingly, the total dividend is 225% (Rs. 2.25 per share) for the financial year ended 31st March, 2022 as compared to total dividend of 525% (Rs. 5.25 per share) including special dividend of 200% (Rs. 2.00 per share) declared last year.10-05-2022
Q4FY22 Quarterly Result Announced for Kansai Nerolac Paints Ltd.
Kansai Nerolac Paints announced Q4FY22 results: For the quarter, the company earned Net revenue from operations of Rs.1412.8 crore, a growth of 4.2% over the corresponding quarter of the previous year. For the year, the company earned Net Revenue from operations of Rs. 5948.9 crore a growth of 24.7% over the corresponding period of the previous year. EBIDTA was at Rs. 82.9 crore, a de-growth of 59.9% over Q4 of 2020-21. PAT was at Rs. 24.5 crore, a de-growth of 80.9% over Q4 of 2020-21. For the year period EBITDA was at Rs. 647.3 crore, a de-growth of 23.3% over previous year. PAT for the year was Rs 374.3 crore, a de-growth of 29.5% over previous year. Commenting on the results, Mr. Anuj Jain, Managing Director, Kansai Nerolac Paints Ltd said, “The quarter witnessed impact in terms of demand for decorative on account of the steep price increase towards end of Q3 FY 21-22. In Automotive, Passenger Vehicles demand was good though impacted because of supply side constraints. On raw material costs, the quarter continued to witness inflationary pressures along with volatility in crude and exchange rates on account of the tough geo-political situation globally. Overall demand situation is expected to remain healthy, and company remains positive and well poised to do better. It is expected that price increases taken in FY 21-22 will accrue in the coming year. Company will strive for more price increases in Industrial.” Result PDF10-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Financial Results - Board Meeting Of Kansai Nerolac Paints Limited Held On 10Th May, 2022
The Board of Directors of Kansai Nerolac Paints Limited has, in its meeting held today i.e. on Tuesday, 10th May, 2022, inter alia considered and approved: 1.The Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended 31st March, 2022; 2.Reappointment of Ms. Sonia Singh as an Independent Director, for a term of five years, with effect from 29th July, 2022, subject to approval of the shareholders of the Company. The Board has recommended a final dividend of 100% (Re. 1.00 per share) for the year, in addition the Company had declared interim dividend of 125% (Rs. 1.25 per share) paid on 22nd November, 2021. Accordingly, the total dividend is 225% (Rs. 2.25 per share) for the financial year ended 31st March, 2022 as compared to total dividend of 525% (Rs. 5.25 per share) including special dividend of 200% (Rs. 2.00 per share) declared last year. A press release issued on the Audited Financial Results is also enclosed herewith10-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Board Meeting Outcome for Outcome Of Board Meeting Of Kansai Nerolac Paints Limited Held On 10Th May, 2022
The Board of Directors has, in its meeting held today i.e. on Tuesday, 10th May, 2022, inter alia considered and approved: 1. The Audited Standalone and Consolidated Financial Results of the Company for the quarter and financial year ended 31st March, 2022; 2. Reappointment of Ms. Sonia Singh as an Independent Director, for a term of five years, with effect from 29th July, 2022, subject to approval of the shareholders of the Company. The Board has recommended a final dividend of 100% (Re. 1.00 per share) for the year, in addition the Company had declared interim dividend of 125% (Rs. 1.25 per share) paid on 22nd November, 2021. Accordingly, the total dividend is 225% (Rs. 2.25 per share) for the financial year ended 31st March, 2022 as compared to total dividend of 525% (Rs. 5.25 per share) including special dividend of 200% (Rs. 2.00 per share) declared last year. A press release issued on the Audited Financial Results is also enclosed herewith.10-05-2022
KANSAI NEROLAC PAINTS LTD. - 500165 - Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
Pursuant to Regulation 30(6) of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby inform you that the Management of our Company will be hosting a Conference Call on Thursday, 12th May, 2022 at 11:00 hrs India Time to discuss Q4 FY 2021-22 Financial Results of the Company. We are enclosing herewith the invitation to the conference call for reference.09-05-2022