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Kansai Nerolac Q2 Review - Weak Market Forces, Investments In Trade Weigh On Profitability: ICICI Securities

The brokerage believes the company is likely to be relatively protected from steep competitive pressures in decorative paints as the company generates ~45% of its revenues from industrial coatings.

<div class="paragraphs"><p>Kansai Nerolac Paints Ltd.'s shade card. (Source: Company website)</p></div>
Kansai Nerolac Paints Ltd.'s shade card. (Source: Company website)
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