Kansai Nerolac Paints Share Price

Name: Kansai Nerolac Paints
Brand: Kansai Nerolac Paints

Paints-Varnish Large Cap

₹283.₉₀ -1.9 (-0.66%)

05 Nov, 2024 20:52

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Performance

Low
₹283

High
₹286

52 Week Low
₹252

52 Week High
₹357

Open Price₹286
Previous Close₹286
Volume163,452

Investment Returns

Over 1 Month -2.81%
Over 3 Month -6.18%
Over 6 Month -1.27%
Over 1 Year -6.92%

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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
33.8

PEG Ratio
-0.9

Market Cap Cr
22,950

P/B Ratio
4.1

Average True Range
7.47

Dividend Yield
1.3

MACD Signal
-4.19

RSI
45.49

MFI
41.85

Standalone Consolidated

Indicator	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Net Sales/Income from operations	2,050.35	1,661.70	1,814.86	1,845.57	2,071.17
Total Income From Operations	2,050.35	1,661.70	1,814.86	1,845.57	2,071.17
P/L Before Interest, Excpt. Items & Tax	326.78	165.40	216.07	247.06	307.50
P/L Before Exceptional Items & Tax	323.41	162.25	212.85	243.89	304.58
P/L After Tax from Ordinary Activities	241.10	101.54	157.61	179.89	743.83
Net Profit/Loss For the Period	241.10	101.54	157.61	179.89	743.83

Indicator	Mar 24	Mar 23
Revenue From Operations [Gross]	7,358.44	7,040.20
Revenue From Operations [Net]	7,358.44	7,040.20
Total Operating Revenues	7,393.30	7,081.02
Total Revenue	7,486.41	7,111.85
Total Expenses	6,562.84	6,461.49
Profit/Loss Before Tax	1,565.82	650.36
Profit/Loss For The Period	1,182.87	486.43

Indicator	Mar 24	Mar 23
Net CashFlow - Operating Activity	895.09	386.19
Net Cash Used In Investing Activity	-635.63	-273.54
Net Cash Used in Finance Activity	-187.31	-88.87
Net Inc/Dec In Cash And Equivalent	72.15	23.78
Cash And Equivalent End Of Year	162.37	90.22

Indicator	Mar 24	Mar 23
Total Share Capital	80.84	53.89
Total Non-Current Liabilities	257.17	217.16
Total Current Liabilities	1,314.51	1,250.59
Total Capital And Liabilities	7,224.80	6,075.13
Total Non-Current Assets	2,646.65	2,513.01
Total Current Assets	4,578.15	3,562.12
Total Assets	7,224.80	6,075.13

Indicator	2024	2023
EBIT Margin (%)	12.66	9.32
Return On Capital Employed (%)	15.83	13.68
Return On Equity (%)	20.92	10.55
Long Term Debt To Equity (%)	0.00	0.00
Book Value/Share (INR)	69.93	57.28

Indicator	Jun 24	Mar 24	Dec 23	Sep 23	Jun 23
Net Sales/Income from operations	2,133.06	1,769.39	1,918.71	1,956.54	2,156.80
Total Income From Operations	2,133.06	1,769.39	1,918.71	1,956.54	2,156.80
P/L Before Interest, Excpt. Items & Tax	315.30	163.58	215.70	247.87	302.02
P/L Before Exceptional Items & Tax	308.09	156.56	208.23	240.27	294.90
P/L After Tax from Ordinary Activities	224.87	114.29	152.09	175.48	734.00
Net Profit/Loss For the Period	224.87	114.29	152.09	175.48	734.00

Indicator	Mar 24	Mar 23
Revenue From Operations [Gross]	7,768.46	7,505.22
Revenue From Operations [Net]	7,768.46	7,505.22
Total Operating Revenues	7,801.44	7,542.73
Total Revenue	7,893.32	7,568.71
Total Expenses	6,993.36	6,933.82
Profit/Loss Before Tax	1,561.21	634.89
Profit/Loss For The Period	1,175.86	468.47

Indicator	Mar 24	Mar 23
Net CashFlow - Operating Activity	903.01	408.25
Net Cash Used In Investing Activity	-589.76	-226.91
Net Cash Used in Finance Activity	-248.84	-132.60
Net Inc/Dec In Cash And Equivalent	64.41	48.74
Cash And Equivalent End Of Year	101.98	37.57

Indicator	Mar 24	Mar 23
Total Share Capital	80.84	53.89
Total Non-Current Liabilities	290.56	239.30
Total Current Liabilities	1,520.56	1,506.65
Total Capital And Liabilities	7,409.72	6,306.36
Total Non-Current Assets	2,660.63	2,503.24
Total Current Assets	4,749.09	3,803.12
Total Assets	7,409.72	6,306.36

Indicator	2024	2023
EBIT Margin (%)	11.91	8.80
Return On Capital Employed (%)	15.77	13.83
Return On Equity (%)	21.23	10.44
Long Term Debt To Equity (%)	0.26	0.10
Book Value/Share (INR)	69.26	56.70

Kansai Nerolac Paints Technicals

EMA & SMA

Current Price

₹283.₉₀

-1.9 (-0.66%)

Bullish Moving Average 1

Bearish Moving Average 15

EMA SMA

20 Day
₹286.24

50 Day
₹290.54

100 Day
₹290.95

200 Day
₹292.97

Resistance and Support

284.08

R3 288.87
R2 287.33
R1 285.62

S1 282.37
S2 280.83
S3 279.12

Is Kansai Nerolac Paints Worth Buying?

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Kansai Nerolac Paints Ltd. is a leading Indian paint manufacturer, specializing in decorative, industrial, and automotive coatings. With a strong presence across India and global markets, it offers innovative and eco-friendly paint solutions for various industries and applications. Kansai Nerolac Paints has an operating revenue of Rs. 7,777.70 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 20% is great, ROE of 21% is exceptional. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. It is currently FORMING a base in its weekly chart and is trading around 20% away from the crucial pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 44 which is a POOR score indicating inconsistency in earnings, a RS Rating of 23 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B+ which is evident from recent demand for the stock, Group Rank of 108 indicates it belongs to a poor industry group of Chemicals-Paints and a Master Score of D is close to being the worst. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment. Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation. (+)

Kansai Nerolac Paints Corporate Actions - Bonus, Splits, Dividends

Board
Dividends
Bonus

Date	Purpose	Remarks
2024-11-06	Quarterly Results
2024-07-29	Quarterly Results
2024-05-04	Audited Results & Final Dividend
2024-02-05	Quarterly Results
2023-11-01	Quarterly Results

Date	Purpose	Remarks
2021-11-09	INTERIM	Rs.1.25 per share(125%)Interim Dividend

Date	Purpose	Remarks
2023-07-04	Bonus	Re.0.00 Issue of equity shares in the ratio of 1:2 of Re. 1/-

Kansai Nerolac Paints F&O

Kansai Nerolac Paints Shareholding Pattern

Sep 24
Jun 24
Mar 24
Dec 23

Promoters
Mutual Funds
Insurance Companies
Foreign Portfolio Investors
Financial Institutions/ Banks
Individual Investors
Others

Promoters

74.99%

Mutual Funds

2.01%

Insurance Companies

8.18%

Foreign Portfolio Investors

5.56%

Financial Institutions/ Banks

Individual Investors

7.68%

Others

1.58%

NSE Symbol
KANSAINER

BSE Symbol
500165

Managing Director
Mr. Anuj Jain

ISIN
INE531A01024

Kansai Nerolac Paints FAQs

What is Share Price of Kansai Nerolac Paints ?

Kansai Nerolac Paints share price is ₹283 As on 05 November, 2024 | 20:38

What is the Market Cap of Kansai Nerolac Paints ?

The Market Cap of Kansai Nerolac Paints is ₹22950.4 Cr As on 05 November, 2024 | 20:38

What is the P/E ratio of Kansai Nerolac Paints ?

The P/E ratio of Kansai Nerolac Paints is 33.8 As on 05 November, 2024 | 20:38

What is the PB ratio of Kansai Nerolac Paints ?

The PB ratio of Kansai Nerolac Paints is 4.1 As on 05 November, 2024 | 20:38

What does Kansai Nerolac Paints Ltd do?

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

What products do Kansai Nerolac Paints Ltd offer ?

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

What is Kansai Nerolac Paints Ltd's target for FY2022?

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

What is Kansai Nerolac Paints Ltd's outlook?

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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