KANSAINER

Kansai Nerolac Paints Share Price Kansai Nerolac Paints

₹280.4
-0.25 (-0.09%)
  • Advice
  • Hold
14 April, 2024 16:26 BSE: 500165 NSE: KANSAINERISIN: INE531A01024

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Kansai Nerolac Paints Performance

Day Range

  • Low 279
  • High 285
₹ 280

52 Week Range

  • Low 249
  • High 357
₹ 280
  • Open Price283
  • Previous Close281
  • Volume1261005

Kansai Nerolac Paints Share Price

  • Over 1 Month 3.43%
  • Over 3 Month -17.6%
  • Over 6 Month -12.95%
  • Over 1 Year 9.13%

Kansai Nerolac Paints Key Statistics

P/E Ratio 19.5
PEG Ratio 0.1
Market Cap Cr 22,667
Price to Book Ratio 5
EPS 5.9
Dividend 0.6
Relative Strength Index 48.85
Money Flow Index 55.16
MACD Signal -4.9
Average True Range 6.9
Kansai Nerolac Paints Financials
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,8151,8462,0711,605
Operating Expenses Qtr Cr 1,5751,5761,7371,453
Operating Profit Qtr Cr 240270334152
Depreciation Qtr Cr 46454342
Interest Qtr Cr 3332
Tax Qtr Cr 556422228
Net Profit Qtr Cr 15818074494
IndicatorMar 2023
Total Revenue Annual Cr 7,112
Operating Expenses Annual Cr 6,287
Operating Profit Annual in Cr 794
Depreciation Cr 165
Interest Annual Cr 10
Tax Annual Cr 164
Net Profit Annual Cr 486
IndicatorMar 2023
Cash from Operating Activity Annual Cr 386
Cash from Investing Activity Annual Cr -274
Cash from Financing Annual Activity Cr -89
Net Cash Flow Annual Cr 24
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 4,607
Fixed Assets Annual Cr 2,108
Total Non Current Assets Annual Cr 2,513
Total Current Assets Annual Cr 3,562
Total Assets Annual Cr 6,075
IndicatorMar 2023
Book Value Per Share Annual Rs 85
ROE Annual % 11
ROCE Annual % 14
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 12
IndicatorDec 2023Sep 2023Jun 2023Mar 2023
Oper Rev Qtr Cr 1,9191,9572,1571,734
Operating Expenses Qtr Cr 1,6751,6831,8251,565
Operating Profit Qtr Cr 244273332168
Depreciation Qtr Cr 48474746
Interest Qtr Cr 7877
Tax Qtr Cr 566522229
Net Profit Qtr Cr 15417773894
IndicatorMar 2023
Total Revenue Annual Cr 7,569
Operating Expenses Annual Cr 6,725
Operating Profit Annual in Cr 818
Depreciation Cr 180
Interest Annual Cr 29
Tax Annual Cr 166
Net Profit Annual Cr 474
IndicatorMar 2023
Cash from Operating Activity Annual Cr 408
Cash from Investing Activity Annual Cr -227
Cash from Financing Annual Activity Cr -133
Net Cash Flow Annual Cr 49
IndicatorMar 2023
Total ShareHolders Funds Annual Cr 4,534
Fixed Assets Annual Cr 2,201
Total Non Current Assets Annual Cr 2,503
Total Current Assets Annual Cr 3,803
Total Assets Annual Cr 6,306
IndicatorMar 2023
Book Value Per Share Annual Rs 85
ROE Annual % 10
ROCE Annual % 14
Total Debt to Total Equity Annual -
EBDIT Annual Margin % 11

Kansai Nerolac Paints Technicals

EMA & SMA

Current Price
₹280.4
-0.25 (-0.09%)
pointer
  • Bullish Moving Average
  • ___
  • 6
  • Bearish Moving Average
  • ___
  • 10
  • 20 Day
  • ₹279.16
  • 50 Day
  • ₹290.42
  • 100 Day
  • ₹301.86
  • 200 Day
  • ₹306.60
  • 20 Day
  • ₹273.41
  • 50 Day
  • ₹292.89
  • 100 Day
  • ₹311.93
  • 200 Day
  • ₹316.43

Kansai Nerolac Paints Resistance and Support

PIVOT
₹281.49
Resistance
First Resistance 283.87
Second Resistance 287.33
Third Resistance 289.72
RSI 48.85
MFI 55.16
MACD Single Line -4.90
MACD -2.24
Support
First Resistance 278.02
Second Resistance 275.63
Third Resistance 272.17

Kansai Nerolac Paints Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 1,295,079 115,158,425 88.92
Week 477,408 39,037,673 81.77
1 Month 461,357 31,104,703 67.42
6 Month 426,048 25,524,531 59.91

Kansai Nerolac Paints Result Highlights

Kansai Nerolac Paints Synopsis

NSE-Chemicals-Paints

Kansai Nerolac Paint is involved in the business activities of Manufacture of paints and varnishes, enamels or lacquers. Company’s Total Operating Revenue is Rs. 7081.02 Cr. and Equity Capital is Rs. 53.89 Cr. for the Year ended 31/03/2023. Kansai Nerolac Paints Ltd. is a Public Limited Listed company incorporated on 02/09/1920 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L24202MH1920PLC000825 and registration number is 000825.
Market Cap 22,667
Sales 7,337
Shares in Float 20.21
No of funds 178
Yield 0.96
Book Value 4.89
U/D Vol ratio 0.6
LTDebt / Equity
Alpha -0.06
Beta 0.79

Kansai Nerolac Paints

Owner NameDec-23Sep-23Jul-23
Promoters 74.99%74.99%74.99%
Mutual Funds 3.63%3.88%4.32%
Insurance Companies 8.18%7.99%7.94%
Foreign Portfolio Investors 4.28%4.27%4.21%
Financial Institutions/ Banks
Individual Investors 7.4%7.43%7.32%
Others 1.52%1.44%1.22%

Kansai Nerolac Paints Management

Name Designation
Mr. Pradip Panalal Shah Chairman & Ind.Dire (Non-Exe)
Mr. Anuj Jain Managing Director
Mr. Hitoshi Nishibayashi Non Executive Director
Mr. Shigeki Takahara Non Executive Director
Mr. Takashi Tomioka Non Executive Director
Ms. Sonia Singh Ind. Non-Executive Director
Mr. Bhaskar Bhat Ind. Non-Executive Director

Kansai Nerolac Paints Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Kansai Nerolac Paints Corporate Action

Date Purpose Remarks
2024-05-04 Audited Results & Final Dividend
2024-02-05 Quarterly Results
2023-11-01 Quarterly Results
2023-08-03 Quarterly Results
2023-05-08 Audited Results & Final Dividend
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 FAQs

What is Share Price of Kansai Nerolac Paints ?

Kansai Nerolac Paints share price is ₹280 As on 14 April, 2024 | 16:12

What is the Market Cap of Kansai Nerolac Paints ?

The Market Cap of Kansai Nerolac Paints is ₹22667 Cr As on 14 April, 2024 | 16:12

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

The P/E ratio of Kansai Nerolac Paints is 19.5 As on 14 April, 2024 | 16:12

What is the PB ratio of Kansai Nerolac Paints ?

The PB ratio of Kansai Nerolac Paints is 5 As on 14 April, 2024 | 16:12

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

Q2FY23