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Kansai Nerolac

  • Market Cap: Mid Cap
  • Industry: Paints
  • ISIN: INE531A01024
  • NSEID: KANSAINER
  • BSEID: 500165
INR
247.65
2.4 (0.98%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 1.18 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-recommendationUpcoming Result: Kansai Nerolac will declare its result soon on 06 May 2025
stock-summaryPrice Point
High/Low

1Day

244.10248.20

52 Week

218.35320.65
Valuation
Technical
Day's Volume

CASH

1.18 lacs (-16.60%) Volume

Shareholding (Sep 2024)

FII

5.56%

Held by 155 FIIs

DII

10.28%

Held by 26 DIIs

Promoter

74.99%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Company has a low Debt to Equity ratio (avg) at 0 times

 
2

Poor long term growth as Net Sales has grown by an annual rate of 7.52% and Operating profit at 1.87% over the last 5 years

 
3

Flat results in Dec 24

4

Stock is technically in a Mildly Bearish range

5

With ROE of 11.1, it has a Attractive valuation with a 3.5 Price to Book Value

6

Majority shareholders : Promoters

 
7

Consistent Underperformance against the benchmark over the last 3 years

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Paints

stock-summary
Market cap

INR 20,021 Cr (Mid Cap)

stock-summary
P/E

30.00

stock-summary
Industry P/E

49

stock-summary
Dividend Yield

1.53%

stock-summary
Debt Equity

-0.18

stock-summary
Return on Equity

11.05%

stock-summary
Price to Book

3.51

Revenue and Profits (1 Year):
Net Sales:
1,922 Cr
(Quarterly Results - Dec 2024)
Net Profit:
681 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.53%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-14.1%
0%
-14.1%
1 Year
-11.71%
0.44%
-11.27%
2 Years
-2.69%
1.48%
-1.21%
3 Years
-19.88%
1.88%
-18.0%
4 Years
-37.07%
2.23%
-34.84%
5 Years
-0.97%
5.40%
4.43%

Latest dividend: 1.25 per share ex-dividend date: Jun-21-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
7.52%
EBIT Growth (5y)
1.87%
EBIT to Interest (avg)
24.28
Debt to EBITDA (avg)
0.35
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.36
Tax Ratio
24.81%
Dividend Payout Ratio
25.57%
Pledged Shares
0
Institutional Holding
15.60%
ROCE (avg)
16.54%
ROE (avg)
11.13%
Valuation key factors
Factor
Value
P/E Ratio
30
Industry P/E
49
Price to Book Value
3.51
EV to EBIT
24.81
EV to EBITDA
19.67
EV to Capital Employed
4.07
EV to Sales
2.42
PEG Ratio
30.21
Dividend Yield
1.53%
ROCE (Latest)
16.71%
ROE (Latest)
11.05%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bearish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bullish
No Trend
OBV
Mildly Bullish
Mildly Bullish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Sep 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 18 Schemes (2.01%)

FIIs

Held by 155 FIIs (5.56%)

Promoter with highest holding

Kansai Paint Co., Ltd., Japan (74.99%)

Highest Public shareholder

Life Insurance Corporation Of India (3.59%)

Individual Investors Holdings

7.68%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -1.51% vs -8.52% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 454.50% vs -46.81% in Sep 2024",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "1,921.89",
          "val2": "1,951.37",
          "chgp": "-1.51%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "235.08",
          "val2": "211.91",
          "chgp": "10.93%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "9.07",
          "val2": "7.28",
          "chgp": "24.59%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "629.51",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "680.87",
          "val2": "122.79",
          "chgp": "454.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.23%",
          "val2": "10.86%",
          "chgp": "1.37%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -0.70% vs 3.29% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -61.36% vs 239.08% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "4,084.43",
          "val2": "4,113.34",
          "chgp": "-0.70%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "541.52",
          "val2": "604.74",
          "chgp": "-10.45%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "14.49",
          "val2": "14.72",
          "chgp": "-1.56%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "661.25",
          "chgp": "-100.00%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "353.62",
          "val2": "915.15",
          "chgp": "-61.36%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.26%",
          "val2": "14.70%",
          "chgp": "-1.44%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -0.43% vs 3.84% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.27% vs 181.56% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "6,006.32",
          "val2": "6,032.05",
          "chgp": "-0.43%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "776.60",
          "val2": "848.74",
          "chgp": "-8.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "23.56",
          "val2": "22.19",
          "chgp": "6.17%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "629.51",
          "val2": "661.25",
          "chgp": "-4.80%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,034.49",
          "val2": "1,069.41",
          "chgp": "-3.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.93%",
          "val2": "14.07%",
          "chgp": "-1.14%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 3.43% vs 18.42% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 150.31% vs 31.97% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,801.44",
          "val2": "7,542.73",
          "chgp": "3.43%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,027.75",
          "val2": "817.99",
          "chgp": "25.64%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "29.21",
          "val2": "29.00",
          "chgp": "0.72%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "661.25",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "1,185.44",
          "val2": "473.58",
          "chgp": "150.31%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.17%",
          "val2": "10.84%",
          "chgp": "2.33%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
1,921.89
1,951.37
-1.51%
Operating Profit (PBDIT) excl Other Income
235.08
211.91
10.93%
Interest
9.07
7.28
24.59%
Exceptional Items
629.51
0.00
Consolidate Net Profit
680.87
122.79
454.50%
Operating Profit Margin (Excl OI)
12.23%
10.86%
1.37%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is -1.51% vs -8.52% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is 454.50% vs -46.81% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
4,084.43
4,113.34
-0.70%
Operating Profit (PBDIT) excl Other Income
541.52
604.74
-10.45%
Interest
14.49
14.72
-1.56%
Exceptional Items
0.00
661.25
-100.00%
Consolidate Net Profit
353.62
915.15
-61.36%
Operating Profit Margin (Excl OI)
13.26%
14.70%
-1.44%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -0.70% vs 3.29% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -61.36% vs 239.08% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
6,006.32
6,032.05
-0.43%
Operating Profit (PBDIT) excl Other Income
776.60
848.74
-8.50%
Interest
23.56
22.19
6.17%
Exceptional Items
629.51
661.25
-4.80%
Consolidate Net Profit
1,034.49
1,069.41
-3.27%
Operating Profit Margin (Excl OI)
12.93%
14.07%
-1.14%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -0.43% vs 3.84% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -3.27% vs 181.56% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
7,801.44
7,542.73
3.43%
Operating Profit (PBDIT) excl Other Income
1,027.75
817.99
25.64%
Interest
29.21
29.00
0.72%
Exceptional Items
661.25
0.00
Consolidate Net Profit
1,185.44
473.58
150.31%
Operating Profit Margin (Excl OI)
13.17%
10.84%
2.33%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 3.43% vs 18.42% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 150.31% vs 31.97% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Kansai Nerolac Paints Ltd stock-summary
stock-summary
Kansai Nerolac Paints Ltd
Mid Cap
Paints
Kansai Nerolac Paints Limited (KNPL), erstwhile Goodlass Nerolac Paints Ltd, is one of India's largest Coatings companies with leadership in industrial coatings. Kansai Paint Co., Ltd., Japan (KPJ) is immediate and ultimate holding company of Kansai Nerolac Paints Limited. The Company manufactures a diversified range of products ranging from decorative paints coatings for homes, offices, hospitals and hotels to sophisticated industrial coatings for most of the industries.
Company Coordinates stock-summary
Company Details
Nerolac House Post Box-16322, Ganpatrao Kadam Mrg LowerParel Mumbai Maharashtra : 400013
stock-summary
Tel: 91-22-24934001
stock-summary
http://www.nerolac.com
stock-summary
investor@nerolac.com
Registrar Details
TSR Darashaw Ltd, 6-10 , Haji Moosa Patrawala Indl. Est , 20 Dr.E.Moses Road , Mahalaxmi , Mumbai
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