Sharescart Research Club logo ×
Screener Research Unlisted Startup Funding New IPO New

  • Home
  • /
  • Kansai Nerolac Paint
Join Channel
Consolidated Standalone

Kansai Nerolac Paint

₹261.7 -1.4 | 0.5%

Market Cap ₹21152 Cr.

Stock P/E 18.0

P/B 3.7

Current Price ₹261.7

Book Value ₹ 70.8

Face Value 1

52W High ₹355

Dividend Yield 1.43%

52W Low ₹ 252.2

Edit Ratio

Kansai Nerolac Paint Research see more...

Stocx User

Research Report on Kansai Nerolac Paints

Overview Inc. Year: 1920Industry: Paints

Kansai Nerolac Paints Ltd is an India-based paint organization. The Company is mainly engaged inside the production of paints. It gives a number of products, together with car coatings, powder coatings, overall performance coatings liquid and auto refinish. Its automotive coatings consist of cathodic electro deposition (CED) and acrylic cathodic electro deposition (ACED) primer, monocoat metallics, high mar resistant clear coats and heat resistant paints, amongst others. Its powder coatings include epoxy polyester powder, epoxy powder, natural polyester polyurethane, heat resistance powder, rebar coatings, pipe coating powders, superb durable powders and bonded metal powders. Its performance coatings liquid consists of floor coatings, pipe coatings, coil coatings, zinc-rich coatings, epoxy coatings and chlorinated rubber coatings, amongst others. Its auto refinishes includes polyurethane paints, polyester, nitrocellulose (NC) and NC acrylic-NAP, and body fillers, among others.

Read More..

Kansai Nerolac Paint Share Price

New

₹ | |

Volume
Price

Quarterly Price

Quarterly Monthly
Show Value Show %

Peer Comparison

Kansai Nerolac Paint Quarterly Results

#(Fig in Cr.) Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018
Net Sales 1063 1324 1164 1145 1104
Other Income 23 20 14 20 19
Total Income 1086 1344 1179 1165 1122
Total Expenditure 899 1117 943 953 935
Operating Profit 187 227 235 212 188
Interest 0 0 0 0 0
Depreciation 18 18 19 19 20
Exceptional Income / Expenses 0 0 0 0 0
Profit Before Tax 170 209 217 193 168
Provision for Tax 54 68 72 67 62
Profit After Tax 116 141 145 125 106
Adjustments -116 -141 -145 -125 -106
Profit After Adjustments 0 0 0 0 0
Adjusted Earnings Per Share 2.2 2.6 2.7 2.3 2

Kansai Nerolac Paint Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 3164 3549 3739 3999 4587 5174 4943 4771 5949 7081 7393 4737
Other Income 10 22 27 98 72 62 27 39 33 31 93 73
Total Income 3174 3571 3766 4097 4659 5236 4970 4810 5982 7112 7486 4810
Total Expenditure 2803 3104 3159 3269 3797 4432 4162 3927 5302 6287 6370 3948
Operating Profit 372 467 606 828 862 804 808 882 680 825 1116 862
Interest 0 0 0 0 0 0 5 8 10 10 12 0
Depreciation 64 68 67 69 76 90 120 149 154 165 180 76
Exceptional Income / Expenses 0 0 535 0 0 0 0 -11 -11 0 642 0
Profit Before Tax 307 399 1075 759 786 713 684 714 505 650 1566 787
Provision for Tax 100 127 176 253 270 246 148 183 131 164 383 269
Profit After Tax 207 272 899 506 516 467 535 531 374 486 1183 517
Adjustments 0 0 0 0 0 0 0 0 0 0 0 -517
Profit After Adjustments 207 272 899 506 516 467 535 531 374 486 1183 0
Adjusted Earnings Per Share 2.6 3.4 11.1 6.3 6.4 5.8 6.6 6.6 4.6 6 14.6 9.6

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 4% 16% 7% 9%
Operating Profit CAGR 35% 8% 7% 12%
PAT CAGR 143% 31% 20% 19%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -20% -12% -5% 7%
ROE Average 23% 14% 14% 18%
ROCE Average 31% 19% 19% 25%

Kansai Nerolac Paint Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 1423 1597 2503 2805 3125 3424 3787 4077 4171 4607 5653
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 52 42 29 18 10 3 0 0 0 0 0
Other Non-Current Liabilities 95 101 17 79 80 105 134 169 204 217 257
Total Current Liabilities 686 604 663 695 853 773 672 992 1021 1251 1315
Total Liabilities 2255 2343 3211 3597 4068 4306 4592 5238 5396 6075 7225
Fixed Assets 910 905 926 946 1006 1316 1708 1777 1876 1995 2074
Other Non-Current Assets 121 144 125 296 531 828 621 527 548 518 573
Total Current Assets 1224 1295 2159 2355 2531 2162 2263 2935 2971 3562 4578
Total Assets 2255 2343 3211 3597 4068 4306 4592 5238 5396 6075 7225

Kansai Nerolac Paint Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 60 54 33 477 43 60 78 166 79 65 89
Cash Flow from Operating Activities 189 302 390 345 377 110 621 655 59 386 895
Cash Flow from Investing Activities -112 -239 145 -567 -155 86 -344 -465 251 -274 -636
Cash Flow from Financing Activities -82 -85 -91 -212 -206 -178 -192 -276 -324 -89 -187
Net Cash Inflow / Outflow -5 -21 444 -433 17 18 85 -86 -14 24 72
Closing Cash & Cash Equivalent 55 33 477 43 60 78 163 79 65 89 161

Kansai Nerolac Paint Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) 2.56 3.36 11.12 6.26 6.39 5.78 6.62 6.56 4.63 6.02 14.63
CEPS(Rs) 3.35 4.2 11.95 7.11 7.33 6.9 8.11 8.41 6.53 8.05 16.86
DPS(Rs) 1.1 1.4 3.05 3 2.6 2.6 3.15 5.25 1.5 1.8 3.75
Book NAV/Share(Rs) 17.61 19.75 30.96 34.7 38.66 42.36 46.85 50.44 51.6 56.95 69.73
Core EBITDA Margin(%) 9.66 10.56 12.58 14.78 15.19 13.06 14.24 15.75 9.73 10.05 12.44
EBIT Margin(%) 8.22 9.47 23.35 15.39 15.13 12.55 12.55 13.5 7.74 8.36 19.2
Pre Tax Margin(%) 8.21 9.47 23.35 15.39 15.13 12.55 12.46 13.34 7.59 8.24 19.05
PAT Margin (%) 5.52 6.45 19.52 10.25 9.94 8.22 9.76 9.91 5.63 6.16 14.39
Cash Profit Margin (%) 7.24 8.06 20.97 11.64 11.39 9.82 11.94 12.69 7.94 8.24 16.58
ROA(%) 9.57 11.82 32.37 14.86 13.47 11.16 12.03 10.79 7.04 8.48 17.79
ROE(%) 15.25 17.99 43.85 19.06 17.42 14.27 14.85 13.49 9.08 11.09 23.1
ROCE(%) 21.69 25.59 51.4 28.24 26.31 21.69 19.06 18.35 12.48 15.04 30.76
Receivable days 42.7 41.22 40.47 40.53 43.8 43.35 44.85 51.84 49.71 48.13 51.78
Inventory Days 57.58 51.45 44.13 46.7 52.56 59.69 65.95 69.6 72.51 73.48 72.46
Payable days 79.32 65.74 75.55 96.33 92.01 82.05 77.02 94.05 85.81 72.9 78.77
PER(x) 30.5 42.89 16.88 40.26 52.62 52.73 38.87 61 67.26 42.76 17.92
Price/Book(x) 4.43 7.3 6.06 7.26 8.69 7.2 5.5 7.94 6.04 4.52 3.76
Dividend Yield(%) 0.94 0.65 1.08 0.79 0.52 0.57 0.82 0.87 0.48 0.7 1.43
EV/Net Sales(x) 1.99 3.28 3.94 5.04 5.85 4.75 4.18 6.77 4.22 2.92 2.84
EV/Core EBITDA(x) 16.96 24.99 24.3 24.33 31.12 30.56 25.54 36.6 36.9 25.11 18.79
Net Sales Growth(%) 10.76 12.17 5.34 6.97 14.69 12.8 -4.45 -3.49 24.69 19.03 4.41
EBIT Growth(%) -26.84 29.76 169.47 -29.35 3.55 -9.28 -3.48 4.93 -28.73 28.18 139.1
PAT Growth(%) -29.3 31.51 230.86 -43.71 2.07 -9.5 14.56 -0.9 -29.45 29.95 143.17
EPS Growth(%) -29.3 31.51 230.86 -43.71 2.07 -9.5 14.56 -0.9 -29.45 29.95 143.16
Debt/Equity(x) 0.04 0.03 0.02 0.01 0.01 0 0 0 0 0 0
Current Ratio(x) 1.79 2.14 3.26 3.39 2.97 2.8 3.37 2.96 2.91 2.85 3.48
Quick Ratio(x) 0.84 1.25 2.4 2.4 2.02 1.44 1.99 1.84 1.41 1.53 2.25
Interest Cover(x) 683.2 0 0 0 0 0 137.72 85.21 52.18 67.84 126.67
Total Debt/Mcap(x) 0.01 0 0 0 0 0 0 0 0 0 0

Kansai Nerolac Paint Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99
FII 3.28 3.45 3.32 3.88 4.21 4.28 4.28 4.72 5.09 5.56
DII 13.39 13.27 13.34 12.81 12.3 11.9 11.84 11.6 10.74 10.28
Public 8.34 8.29 8.35 8.31 8.5 8.83 8.89 8.68 9.19 9.17
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 14% over the last 3 years.
  • Debtor days have increased from 72.9 to 78.77days.
  • Stock is trading at 3.7 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Kansai Nerolac Paint News

IPO

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

Companies Open Date Close Date Issue Price Cost of 1 Lot GMP Expected Listing Listing Gain(%) Listing Price Current Price Type Exchange

View more.....

You May Also Know About

Unlisted Shares Pre-IPO Shares ESOP Shares Delisted Shares

Please Login!

Click to Login
OR
Get free Account

Error!