{"id":174058,"date":"2026-07-28T12:56:03","date_gmt":"2026-07-28T07:26:03","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=174058"},"modified":"2026-07-28T12:56:05","modified_gmt":"2026-07-28T07:26:05","slug":"berger-paints-vs-kansai-nerolac-comparison","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/","title":{"rendered":"Berger Paints vs Kansai Nerolac: Which Stock Should You Track"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>Berger Paints vs Kansai Nerolac: Around 19-20% decorative paints market share, industry&#8217;s #2 player vs #1 in industrial coatings (40%+ share), #3 in decorative paints. Berger Paints sector: Paints&#8230;.<\/em><\/p>\n<p>Berger Paints vs Kansai Nerolac is a comparison investors search for because the two companies represent genuinely different positions within Paints. This Berger Paints vs Kansai Nerolac breakdown goes beyond generic labels and looks at real numbers: reach, products, the latest results each company has declared, and how each stock is positioned today. Understanding Berger Paints vs Kansai Nerolac this way is more useful than a surface-level label, because it shows where each company actually stands rather than how it describes itself.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Berger_Paints_vs_Kansai_Nerolac_Reach_and_Market_Position\" title=\"Berger Paints vs Kansai Nerolac: Reach and Market Position\">Berger Paints vs Kansai Nerolac: Reach and Market Position<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Berger_Paints_vs_Kansai_Nerolac_Key_Products_and_Business_Mix\" title=\"Berger Paints vs Kansai Nerolac: Key Products and Business Mix\">Berger Paints vs Kansai Nerolac: Key Products and Business Mix<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Berger_Paints_vs_Kansai_Nerolac_Latest_Results\" title=\"Berger Paints vs Kansai Nerolac: Latest Results\">Berger Paints vs Kansai Nerolac: Latest Results<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Berger_Paints_vs_Kansai_Nerolac_Stock_and_Valuation\" title=\"Berger Paints vs Kansai Nerolac: Stock and Valuation\">Berger Paints vs Kansai Nerolac: Stock and Valuation<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Berger_Paints_vs_Kansai_Nerolac_Quick_Comparison_Table\" title=\"Berger Paints vs Kansai Nerolac: Quick Comparison Table\">Berger Paints vs Kansai Nerolac: Quick Comparison Table<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#What_is_the_main_difference_between_Berger_Paints_and_Kansai_Nerolac\" title=\"What is the main difference between Berger Paints and Kansai Nerolac?\">What is the main difference between Berger Paints and Kansai Nerolac?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#How_do_Berger_Paints_and_Kansai_Nerolacs_latest_results_compare\" title=\"How do Berger Paints and Kansai Nerolac&#8217;s latest results compare?\">How do Berger Paints and Kansai Nerolac&#8217;s latest results compare?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#What_sector_do_Berger_Paints_and_Kansai_Nerolac_operate_in\" title=\"What sector do Berger Paints and Kansai Nerolac operate in?\">What sector do Berger Paints and Kansai Nerolac operate in?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#Should_I_invest_in_Berger_Paints_or_Kansai_Nerolac\" title=\"Should I invest in Berger Paints or Kansai Nerolac?\">Should I invest in Berger Paints or Kansai Nerolac?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#What_are_the_key_products_of_Berger_Paints\" title=\"What are the key products of Berger Paints?\">What are the key products of Berger Paints?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#What_are_the_key_products_of_Kansai_Nerolac\" title=\"What are the key products of Kansai Nerolac?\">What are the key products of Kansai Nerolac?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/berger-paints-vs-kansai-nerolac-comparison\/#How_do_Berger_Paints_and_Kansai_Nerolac_compare_on_market_position\" title=\"How do Berger Paints and Kansai Nerolac compare on market position?\">How do Berger Paints and Kansai Nerolac compare on market position?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Berger_Paints_vs_Kansai_Nerolac_Reach_and_Market_Position\"><\/span><strong>Berger Paints vs Kansai Nerolac: Reach and Market Position<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In the Berger Paints vs Kansai Nerolac comparison, Berger Paints stands out for India&#8217;s second-largest paint company with 24 factories in India and operations in Nepal, Russia and Poland. This scale gives Berger Paints a distinct position within Paints that shapes how it competes.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=berger-paints-vs-kansai-nerolac-reach\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>Kansai Nerolac, on the other hand, is built around Industrial coatings market leader with over 40% share, and roughly 15% share in decorative paints via 29,500-plus dealers. Comparing Berger Paints vs Kansai Nerolac on reach alone shows two different growth strategies, not a single verdict.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Berger_Paints_vs_Kansai_Nerolac_Key_Products_and_Business_Mix\"><\/span><strong>Berger Paints vs Kansai Nerolac: Key Products and Business Mix<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Berger Paints&#8217;s business runs on decorative and industrial paints, waterproofing and protective coatings. This product mix is central to any Berger Paints vs Kansai Nerolac comparison, since it explains where each company&#8217;s revenue actually comes from.<\/p>\n<p>Kansai Nerolac instead leans on industrial coatings (especially automotive), decorative paints, and waterproofing. The Berger Paints vs Kansai Nerolac product comparison shows these are genuinely different businesses, not just different brand names in the same category.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Berger_Paints_vs_Kansai_Nerolac_Latest_Results\"><\/span><strong>Berger Paints vs Kansai Nerolac: Latest Results<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Looking at real numbers rather than claims, Berger Paints&#8217;s latest disclosed results show Q1 FY26 (year-ago base) net profit of Rs 315 crore, down 11% YoY, on revenue of Rs 3,200.7 crore, up 3.55%, as early monsoon disrupted decorative paint demand. This is the clearest evidence available for the Berger Paints vs Kansai Nerolac comparison on Berger Paints&#8217;s side.<\/p>\n<p>Kansai Nerolac&#8217;s latest disclosed results show FY26 revenue of Rs 8,052 crore and profit of Rs 576 crore per latest annual figures; Q1 FY26 (year-ago base) profit was Rs 215.6-220.9 crore, down around 4% YoY. Weighing Berger Paints vs Kansai Nerolac on actual results, rather than headline positioning, is what separates a useful comparison from a generic one.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare Berger Paints and Kansai Nerolac Fundamentals on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Berger_Paints_vs_Kansai_Nerolac_Stock_and_Valuation\"><\/span><strong>Berger Paints vs Kansai Nerolac: Stock and Valuation<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>On the market side, Berger Paints is described as: Trades below Asian Paints on both revenue scale and valuation multiple. Kansai Nerolac is described as: Market cap near Rs 16,546 crore, down 21.1% over the past year. The Berger Paints vs Kansai Nerolac valuation gap often reflects how the market is pricing each company&#8217;s growth and risk profile differently.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Berger_Paints_vs_Kansai_Nerolac_Quick_Comparison_Table\"><\/span><strong>Berger Paints vs Kansai Nerolac: Quick Comparison Table<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table>\n<tbody>\n<tr>\n<th>Parameter<\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/bergepaint\/berger-paints-india-ltd-share-price-today\">Berger Paints<\/a><\/th>\n<th><a href=\"https:\/\/univest.in\/stocks\/kansainer\/kansai-nerolac-paints-ltd-share-price-today\">Kansai Nerolac<\/a><\/th>\n<\/tr>\n<tr>\n<td>Sector<\/td>\n<td>Paints<\/td>\n<td>Paints<\/td>\n<\/tr>\n<tr>\n<td>Market position<\/td>\n<td>Around 19-20% decorative paints market share, industry&#8217;s #2 player<\/td>\n<td>#1 in industrial coatings (40%+ share), #3 in decorative paints<\/td>\n<\/tr>\n<tr>\n<td>Reach<\/td>\n<td>India&#8217;s second-largest paint company with 24 factories in India and operations in Nepal, R<\/td>\n<td>Industrial coatings market leader with over 40% share, and roughly 15% share in decorative<\/td>\n<\/tr>\n<tr>\n<td>Latest results<\/td>\n<td>Q1 FY26 (year-ago base) net profit of Rs 315 crore, down 11% YoY, on revenue of Rs 3,200.7 crore, up<\/td>\n<td>FY26 revenue of Rs 8,052 crore and profit of Rs 576 crore per latest annual figures; Q1 FY26 (year-a<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Berger Paints vs Kansai Nerolac ultimately comes down to two companies solving similar problems in different ways. Berger Paints brings Around 19-20% decorative paints market share, industry&#8217;s #2 player, while Kansai Nerolac brings #1 in industrial coatings (40%+ share), #3 in decorative paints. Investors weighing Berger Paints vs Kansai Nerolac should track both companies&#8217; upcoming results and valuation gap rather than picking a side on reputation alone. This Berger Paints vs Kansai Nerolac breakdown is a starting point, not a final verdict.<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"https:\/\/apps.apple.com\/in\/app\/univest\/id1543832872\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"https:\/\/play.google.com\/store\/apps\/details?id=com.univest.android\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track Berger Paints and Kansai Nerolac live price and get daily stock recommendations.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information, including company results filings and exchange data, and are current as of the time of writing. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_main_difference_between_Berger_Paints_and_Kansai_Nerolac\"><\/span><strong>What is the main difference between Berger Paints and Kansai Nerolac?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The main difference in the Berger Paints vs Kansai Nerolac comparison lies in scale and business mix. Berger Paints is built on Around 19-20% decorative paints market share, industry&#8217;s #2 player, while Kansai Nerolac is positioned around #1 in industrial coatings (40%+ share), #3 in decorative paints.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_Berger_Paints_and_Kansai_Nerolacs_latest_results_compare\"><\/span><strong>How do Berger Paints and Kansai Nerolac&#8217;s latest results compare?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Comparing Berger Paints vs Kansai Nerolac on latest disclosed results: Berger Paints reported Q1 FY26 (year-ago base) net profit of Rs 315 crore, down 11% YoY, on revenue of Rs 3,200.7 crore, up 3.55%, as early monsoon disrupted decor, while Kansai Nerolac reported FY26 revenue of Rs 8,052 crore and profit of Rs 576 crore per latest annual figures; Q1 FY26 (year-ago base) profit was Rs 215.6-220.9 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_sector_do_Berger_Paints_and_Kansai_Nerolac_operate_in\"><\/span><strong>What sector do Berger Paints and Kansai Nerolac operate in?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Berger Paints operates in Paints and Kansai Nerolac operates in Paints. Even where the sectors overlap, the Berger Paints vs Kansai Nerolac comparison shows different product mixes and market positions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Should_I_invest_in_Berger_Paints_or_Kansai_Nerolac\"><\/span><strong>Should I invest in Berger Paints or Kansai Nerolac?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Both Berger Paints and Kansai Nerolac have distinct strengths within their space. Investors comparing Berger Paints vs Kansai Nerolac should review the latest quarterly results, valuation and their own risk profile, and consult a financial advisor before deciding.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_products_of_Berger_Paints\"><\/span><strong>What are the key products of Berger Paints?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Berger Paints&#8217;s key products and business lines include decorative and industrial paints, waterproofing and protective coatings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_key_products_of_Kansai_Nerolac\"><\/span><strong>What are the key products of Kansai Nerolac?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kansai Nerolac&#8217;s key products and business lines include industrial coatings (especially automotive), decorative paints, and waterproofing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_Berger_Paints_and_Kansai_Nerolac_compare_on_market_position\"><\/span><strong>How do Berger Paints and Kansai Nerolac compare on market position?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> On market position, Berger Paints holds Around 19-20% decorative paints market share, industry&#8217;s #2 player, while Kansai Nerolac holds #1 in industrial coatings (40%+ share), #3 in decorative paints. The Berger Paints vs Kansai Nerolac comparison shows both companies lead in different ways rather than one being universally ahead.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Berger Paints vs Kansai Nerolac compared on reach, products, latest results and stock performance. 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