Kansai Nerolac Paints Share Price
₹241.75 -4.25 (-1.73%)
22 Jan, 2025 12:32
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KANSAINER
Performance
- Low
- ₹241
- High
- ₹247
- 52 Week Low
- ₹241
- 52 Week High
- ₹353
- Open Price₹247
- Previous Close₹246
- Volume107,115
Investment Returns
- Over 1 Month -7.95%
- Over 3 Month -13.45%
- Over 6 Month -11.1%
- Over 1 Year -29.34%
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Kansai Nerolac Paints Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.
- P/E Ratio
- 31.3
- PEG Ratio
- -0.7
- Market Cap Cr
- 19,543
- P/B Ratio
- 3.5
- Average True Range
- 5.72
- EPS
- 7.72
- Dividend Yield
- 1.6
- MACD Signal
- -5.29
- RSI
- 34.1
- MFI
- 25.14
Kansai Nerolac Paints Financials
Kansai Nerolac Paints Technicals
EMA & SMA
-
- Bearish Moving Average 16
-
- Bullish Moving Average 0
- 20 Day
- ₹252.84
- 50 Day
- ₹262.46
- 100 Day
- ₹271.51
- 200 Day
- ₹280.46
Resistance and Support
- R3 255.53
- R2 253.27
- R1 249.63
- S1 243.73
- S2 241.47
- S3 237.83
Kansai Nerolac Paints Corporate Actions - Bonus, Splits, Dividends
Kansai Nerolac Paints F&O
About Kansai Nerolac Paints
- NSE Symbol
- KANSAINER
- BSE Symbol
- 500165
- Managing Director
- Mr. Anuj Jain
- ISIN
- INE531A01024
Similar Stocks to Kansai Nerolac Paints
Kansai Nerolac Paints FAQs
Kansai Nerolac Paints share price is ₹241 As on 22 January, 2025 | 12:18
The Market Cap of Kansai Nerolac Paints is ₹19543.3 Cr As on 22 January, 2025 | 12:18
The P/E ratio of Kansai Nerolac Paints is 31.3 As on 22 January, 2025 | 12:18
The PB ratio of Kansai Nerolac Paints is 3.5 As on 22 January, 2025 | 12:18
Kansai Nerolac Paints Ltd. (KNPL) is a coating company. The Company is engaged in the manufacture of paints. The Companys products include decorative paints, high performance coatings, automotive coatings, general industrial coatings and specialty coatings
It offers a range of products to auto makers, including pretreatment chemicals, electro deposition primers, intermediate coats/primer surfacers, solid and metallic top coats, clear coats and touch-up paints. It offers high performance coatings products to industries, such as power, petroleum/petrochemical, infrastructure, floor coating, and offshore
We are cutting our FY22/23/24 EPS estimates by 8.4%/5.7%/5.7% mainly due to 1) Increased pressure on GRM’s due to significant input cost inflation and 2) semiconductor shortage led impact on auto sales may last upto 1 year. We are reducing our Gross margin estimate by 260bps in FY22 with gradual restoration in FY23/24. We expect higher price increases in 3QFY22 and gradual recovery in margins from 4QFY22, although it may take a couple of quarters for margins to come to normal range of 15-17%. We continue to remain positive on the long term story led by 1) steady growth in Decorative paints demand on account of shift towards organized sector, housing push in Tier2/3 cities and shorter painting cycle, 2) Distribution expansion of 5-10% expected every year 3) Increased contribution from newly launched differentiated products 4) Gradual recovery in auto paints
They estimate PAT CAGR of 20.9% over FY21-24 and value the stock at 42x sept23 EPS assigning a TP of Rs651 (Rs661 earlier). Recovery in margins and Auto sales can re-rate the stock from current levels of 36.7xSept23 EPS. However, Kansai needs higher volume growth in decorative paints to bridge the valuation gap (45% discount APNT on FY24 EPS) with APNT.
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