Kansai Nerolac Paints Ltd Share Price

Paints / Varnishes

NSE: KANSAINER Small Cap ISIN: INE531A01024
As on 23 December 2024 at 03:40 IST
As on 23 December 2024 at 03:40 IST
257.05
-3.85
(-1.48%)
Over 1 Month
2.64%
Over 6 Months
-7.35%
Over 1 Year
-18.55%
Over 3 Years
-33.11%

Kansai Nerolac Paints Ltd Summary

Close 257.05
Open 258.50
High 258.90
Low 256.15
Volume 2,81,261
Net Turnover (in ₹) 15,06,36,925.35
52 Week High 357.30
52 Week Low 251.85
52Wk High / Low
251.85
357.30

Kansai Nerolac Paints Ltd Key Financial Data

Market Cap (in ₹ Cr) 21,196.41
EPS (TTM) 7.96
Book Value (BV) 70.85
Div. Yield 1.43
P/E (TTM) 33.63
Price/Book Value 3.70
Delivery % 42.10
Face Value 1

Kansai Nerolac Paints Ltd Key Ratios

P/E ratio 17.93
P/B ratio 3.75
EV to Sales 2.86
PEG Ratio 0.29
ROA 20.32
ROE 12.99
Debt-Equity 0.03
Net Profit Margin 9.01
Operating Profit Margin 14.54

Kansai Nerolac Paints Ltd Peer Comparison

Company LTP Market Cap (in ₹ Cr)
Kansai Nerolac Paints Ltd ₹262.35 ₹21,208.53
Asian Paints Ltd ₹2,283.05 ₹2,18,989.65
Berger Paints India Ltd ₹444.80 ₹51,856.17
Akzo Nobel India Ltd ₹3,590.65 ₹16,351.93
Indigo Paints Ltd ₹1,408.80 ₹6,710.78
Shalimar Paints Ltd ₹124 ₹1,038.02

Kansai Nerolac Paints Ltd News

Kansai Nerolac slips after Q2 PAT slides 28% YoY to Rs 130 cr

Kansai Nerolac Paints fell 1.84% to Rs 280.50 after the company reported 27.64% decline in standalone net profit to Rs 130.16 crore as against Rs 179.89 crore posted in Q2 FY24.

07 Nov 2024

Kansai Nerolac Paints allots 9,112 equity shares under ESOP

06 Nov 2024

Kansai Nerolac Paints appoints director

With effect from 06 November 2024

06 Nov 2024

Kansai Nerolac Paints to declare Quarterly Result

On 6 November 2024

28 Sep 2024

Board of Kansai Nerolac Paints allots 15,433 equity shares under ESUP

On 24 September 2024

24 Sep 2024

Kansai Nerolac Paints Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Total Revenue7,486.417,111.855,981.764,809.754,970.03
Total Expenses6,562.846,461.495,465.254,084.864,286.43
Profit Before Tax1,565.82650.36505.12714.07683.60
Profit After Tax1,182.87486.43374.33530.60535.40
Operating Profit after Depreciation936.03660.09526.38733.37688.60

Balance Sheet

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Fixed Assets2,077.191,994.811,875.971,776.561,708.46
Total Non Current Assets2,646.702,513.062,424.412,303.502,329.07
Total Current Assets4,578.103,562.072,971.312,934.682,263.37
TOTAL ASSETS7,224.806,075.135,395.725,238.184,592.44
Total Shareholder's Fund5,653.124,607.384,170.934,077.023,786.87

Cash Flow

Particulars (in ₹ Cr.) FY 2024 FY 2023 FY 2022 FY 2021 FY 2020
Net Cash from Operating Activities895.09386.1959.09654.70620.61
Net Cash used in Investing Activities-635.63-273.54251.46-465.33-343.91
Net Cash used in Financing Activities-187.31-88.87-324.41-275.56-191.97

Kansai Nerolac Paints Ltd Corporate Actions

Kansai Nerolac Paints Ltd

₹1.25/Share

Announcement Date 21 Jun 2024
Record Date 22 Jun 2024
Div Yield 125%

About Kansai Nerolac Paints Ltd

Kansai Nerolac Paints Ltd., established in 1920 and headquartered in Mumbai, stands as a leader in India's paint manufacturing sector. The company's diverse portfolio encompasses decorative paints and industrial coatings. It also makes automotive paints, and powder coatings, serving multiple sectors, from construction to automotive industries.

With a century-long legacy, Kansai Nerolac has evolved into one of India's largest paint manufacturers, delivering innovative solutions for both industrial and consumer applications.

The company is a subsidiary of Kansai Paint Co. Ltd., which owns 74.99% of Kansai Nerolac Paints. The company is managed by a team of managerial promoters who are dedicated to driving the company's growth and success. They are
  • Anuj Jain
  • Pradip Panalal Shah
  • Bhaskar Bhat
  • Sonia Singh
  • Hitoshi Nishibayashi

Kansai Nerolac Paints holds a significant market share in both the decorative and industrial coatings segments. The registered office of Kansai Nerolac Paints is located in Joshi Marg, Mumbai. Its registrars are based in L.B.S. Marg, Vikhroli. The company is listed on the National Stock Exchange of India (NSE) and Bombay Stock Exchange (BSE) under the ticker symbols KANSAINER and 500165, respectively.

Overall, Kansai Nerolac Paints Ltd. is a key player in the paints and coatings industry. It provides high-quality products for various applications. The company's strong market position and experienced management team make it a leader in the industry.

Kansai Nerolac - Colouring India's Growth Story Since 1920

Kansai Nerolac Paints Ltd., established in 1920, has been a significant player in the Indian paints and coatings industry. Over a century, the company has consistently contributed to India's growth by adding colour and protection to buildings and numerous other surfaces. The company's journey from a small paint manufacturer to a market leader is a testament to its commitment to innovation and quality.

The foundation of Kansai Nerolac was laid in 1920, and the company initially operated under the name Gahagan Paints and Varnish Co. Ltd. In its early years, the company focused on manufacturing a limited range of paints. However, Kansai Nerolac began exploring new technologies and product formulations. This drive for innovation helped the company increase its product offerings and market presence.

In 1957, the company was renamed Goodlass Nerolac Paints Ltd., which marked a period of significant growth for the company. It expanded its manufacturing capabilities and product range. The introduction of advanced manufacturing processes allowed Kansai Nerolac to produce quality paints. The company's dedication to research and development played a crucial role in its ability to offer innovative solutions to its customers.

Kansai Nerolac's expansion was not limited to the decorative paints segment. The company ventured into industrial coatings. It catered to sectors such as automotive, furniture, and construction. The introduction of automotive paints was a game-changer, establishing Kansai Nerolac as a trusted partner for major automobile manufacturers. The company's expertise in providing durable and aesthetically pleasing coatings helped it gain a competitive edge in the market.

A significant milestone in Kansai Nerolac's journey was its partnership with Kansai Paint Co. Ltd., Japan. In 1986, Kansai Paint acquired a controlling stake in the company, which led to a strategic alliance that brought together Indian expertise and Japanese technology. This partnership enabled Kansai Nerolac to leverage cutting-edge research and development capabilities. As a result, the company enhanced its product offerings and expanded its market reach.

Kansai Nerolac has always prioritized sustainability and environmental responsibility. The company has implemented various measures to reduce its environmental footprint, such as adopting eco-friendly manufacturing processes and developing low-VOC (volatile organic compounds) paints. Kansai Nerolac's commitment to sustainability extends to its products. The company ensures its offerings meet stringent environmental standards.

A key factor in Kansai Nerolac's success has been its customer-centric approach. The company has consistently focused on understanding the needs and preferences of its customers. By offering a wide range of products, Kansai Nerolac has been able to cater to diverse customer requirements. The company's dedication to customer satisfaction has also helped it build long-term relationships with its clients.

Today, Kansai Nerolac is one of the largest paint manufacturers in India. The company's strong market position is a result of its relentless pursuit of excellence and innovation. Kansai Nerolac's products are known for their quality, durability, and aesthetic appeal. The company's extensive distribution network ensures that its products are readily available to customers across the country.

Innovation has been at the heart of Kansai Nerolac's growth story. The company invests significantly in research and development. This is to continuously improve its products and processes. Kansai Nerolac's focus on technological advancements has led to the introduction of several innovative products that meet the evolving needs of its customers.

Looking ahead, Kansai Nerolac is poised for continued growth and success. The company aims to expand its product portfolio by leveraging its brand equity and expertise. Kansai Nerolac's focus on sustainability and innovation will continue to drive its efforts to provide high-quality, eco-friendly paints.

Kansai Nerolac Paints Ltd Stock Analysis

  1. Annual revenue for Kansai Nerolac Paints Ltd increased by 5.27% to ₹7,486.41 crore in FY 2024 from ₹7,111.85 crore in FY 2023.
  2. Annual Net Profit for Kansai Nerolac Paints Ltd increased by 143.17% to ₹1,182.87 crore in FY 2024 from ₹486.43 crore in FY 2023.
  3. Promoter Shareholding in Kansai Nerolac Paints Ltd remains unchanged by 0.00% in the most recent quarter, from 74.99% in June 2024 to 74.99% in September 2024.
  4. Kansai Nerolac Paints Ltd delivered a 1-year return of -18.55% compared to the Nifty 50, which provided a return of 11.52% as of the last trading session.
  5. Kansai Nerolac Paints Ltd share price moved remains unchanged by 0.00% from its previous close of INR ₹257.05. The latest Kansai Nerolac Paints Ltd share price is INR ₹257.05.
  6. Kansai Nerolac Paints Ltd share price today has been at a low of 256.35 and a high of 264.90. Over the past 52 weeks, the Kansai Nerolac Paints Ltd share price has seen a low of 251.85 and a high of 357.30.

FAQ’s

What is the share price of Kansai Nerolac Paints Ltd today?

Kansai Nerolac Paints Ltd share price as on 22 Dec 2024 is ₹ 257.05

What is the Market Cap of Kansai Nerolac Paints Ltd?

The market cap of Kansai Nerolac Paints Ltd stock is ₹21,196.41 Cr.

What is the PE Ratio of Kansai Nerolac Paints Ltd?

The Price to Earnings (P/E) Ratio of Kansai Nerolac Paints Ltd is 17.93

What is the PB Ratio of Kansai Nerolac Paints Ltd?

The Price to Book (P/B) Ratio of Kansai Nerolac Paints Ltd is 3.75

What is the 52 week high of Kansai Nerolac Paints Ltd Share Price?

The 52 week high of Kansai Nerolac Paints Ltd share price stands at ₹357.30

What is the 52 week low of Kansai Nerolac Paints Ltd Share Price?

The 52 week low of Kansai Nerolac Paints Ltd share price stands at ₹251.85

Get started with us today and
start building your wealth journey