KANSAINER

KANSAI NEROLAC PAINTS

Large Cap BSE: 500165 NSE: KANSAINER
₹501.95
7.7 (1.56%)
  • Advice
  • Hold
As on 16 August, 2022 | 09:35

Kansai Nerolac Paints Share Price

Kansai Nerolac Paints Performance

Day Range

  • Low
  • High

52 Week Range

  • Low
  • High
  • Open Price
  • Previous Close
  • Volume

Kansai Nerolac Paints Share Returns

  • Over 1 Month 29.92%
  • Over 3 Month 28.46%
  • Over 6 Month 2.78%
  • Over 1 Year -18.22%

Kansai Nerolac Paints Key Statistics

P/E Ratio 67.4
PEG Ratio -2
Market Cap Cr 27,051
Price to Book Ratio 6.5
EPS 6.9
Dividend 0.4
Relative Strength Index 73.83
Money Flow Index 93.88
MACD Signal 22.92
Average True Range 19.31

Kansai Nerolac Paints Investment Rating

  • Master Rating:
  • Kansai Nerolac Paints has an operating revenue of Rs. 7,017.96 Cr. on a trailing 12-month basis. An annual revenue growth of 25% is outstanding, Pre-tax margin of 7% is okay, ROE of 8% is fair but needs improvement. 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 close to its 200DMA and around 21% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 52 which is a POOR score indicating inconsistency in earnings, a RS Rating of 47 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at C+ which is evident from recent supply seen, Group Rank of 53 indicates it belongs to a fair industry group of Chemicals-Paints and a Master Score of C is fair but needs to improve. 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.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Kansai Nerolac Paints Financials
  • Indicator
  • Jun 2022
  • Mar 2022
  • Dec 2021
  • Sep 2021
  • Jun 2021
  • Mar 2021
  • Oper Rev Qtr Cr
  • 1,945
  • 1,413
  • 1,694
  • 1,521
  • 1,301
  • 1,321
  • Operating Expenses Qtr Cr
  • 1,689
  • 1,330
  • 1,484
  • 1,356
  • 1,114
  • 1,127
  • Operating Profit Qtr Cr
  • 256
  • 83
  • 210
  • 165
  • 187
  • 203
  • Depreciation Qtr Cr
  • 39
  • 39
  • 39
  • 38
  • 36
  • 40
  • Interest Qtr Cr
  • 2
  • 3
  • 2
  • 2
  • 3
  • 4
  • Tax Qtr Cr
  • 56
  • 13
  • 46
  • 32
  • 40
  • 43
  • Net Profit Qtr Cr
  • 163
  • 25
  • 132
  • 99
  • 119
  • 128

Kansai Nerolac Paints Technicals

EMA & SMA

Current Price
511.35
17.1 (3.46%)
  • Bullish Moving Average
  • ___
  • 16
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • 454.04
  • 50 Day
  • 428.38
  • 100 Day
  • 439.33
  • 200 Day
  • 488.87
  • 20 Day
  • 440.62
  • 50 Day
  • 408.14
  • 100 Day
  • 425
  • 200 Day
  • 488.57

Kansai Nerolac Paints Resistance and Support

PIVOT
₹496.09
Resistance
  • First Resistance
  • 500.17
  • Second Resistance
  • 506.09
  • Third Resistance
  • 510.17
Support
  • First Resistance
  • 490.17
  • Second Resistance
  • 486.09
  • Third Resistance
  • 480.17
  • RSI
  • 73.83
  • MFI
  • 93.88
  • MACD Single Line
  • 22.92
  • MACD
  • 29.5

Kansai Nerolac Paints Delivery and Volume

  • Period
  • NSE + BSE
    Volume Avg
  • NSE + BSE
    Delivery Volume Avg
  • NSE + BSE
    Delivery Volume %
  • Day
  • 55,789
  • 3,479,002
  • 62.36
  • Week
  • 121,349
  • 8,214,097
  • 67.69
  • 1 Month
  • 829,217
  • 28,690,923
  • 34.6
  • 6 Month
  • 384,878
  • 20,671,809
  • 53.71

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. 5948.90 Cr. and Equity Capital is Rs. 53.89 Cr. for the Year ended 31/03/2022. 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
  • 27,027
  • Sales
  • 6,572
  • Shares in Float
  • 13.47
  • No of funds
  • 159
  • Yield
  • 0.46
  • Book Value
  • 6.39
  • U/D Vol ratio
  • 1.6
  • LTDebt / Equity
  • Alpha
  • -0.09
  • Beta
  • 0.5

Kansai Nerolac Paints

  • Owner Name
  • Jun-22
  • Mar-22
  • Dec-21
  • Sep-21
  • Promoters
  • 74.99%
  • 74.99%
  • 74.99%
  • Mutual Funds
  • 5.9%
  • 6.61%
  • 6.98%
  • Insurance Companies
  • 7.46%
  • 6.57%
  • 6.2%
  • Foreign Portfolio Investors
  • 3.28%
  • 3.55%
  • 3.57%
  • Financial Institutions/ Banks
  • Individual Investors
  • 7.15%
  • 7.06%
  • 7.03%
  • Others
  • 1.22%
  • 1.22%
  • 1.23%

Kansai Nerolac Paints Management

  • Name
  • Designation
  • Mr. Pradip Panalal Shah
  • Chairman & Ind.Director
  • Mr. Hitoshi Nishibayashi
  • Non Executive Director
  • Mr. Shigeki Takahara
  • Non Executive Director
  • Mr. Takashi Tomioka
  • Non Executive Director
  • Mr. Noel Naval Tata
  • Ind. Non-Executive Director
  • Ms. Sonia Singh
  • 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
  • 2022-08-01
  • Quarterly Results
  • 2022-05-10
  • Audited Results & Final Dividend
  • 2022-02-01
  • Quarterly Results
  • 2021-10-25
  • Quarterly Results & Interim Dividend
  • 2021-07-30
  • Quarterly Results
  • Date
  • Purpose
  • Remarks
  • 2021-11-09
  • INTERIM
  • Rs.1.25 per share(125%)Interim Dividend

Kansai Nerolac Paints MF Shareholding

  • Name
  • Amount(cr)
  • Mirae Asset Emerging Bluechip Fund Growth
  • 22741
  • Aditya Birla Sun Life Flexi Cap Fund Growth
  • 15652
  • Canara Robeco Emerging Equities Growth
  • 14233
  • DSP Midcap Fund Growth
  • 13838
  • Aditya Birla Sun Life Tax Relief 96 Pyt of Inc Dis cum Cap Wdrl
  • 13738

Kansai Nerolac Paints FAQs

What is Share Price of Kansai Nerolac Paints ?

Kansai Nerolac Paints share price is ₹501 As on 16 August, 2022 | 09:21

What is the Market Cap of Kansai Nerolac Paints ?

The Market Cap of Kansai Nerolac Paints is ₹27051.1 Cr As on 16 August, 2022 | 09:21

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

The P/E ratio of Kansai Nerolac Paints is 67.4 As on 16 August, 2022 | 09:21

What is the PB ratio of Kansai Nerolac Paints ?

The PB ratio of Kansai Nerolac Paints is 6.5 As on 16 August, 2022 | 09:21

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

Q1FY23