Kansai Nerolac Paints Limited Logo

Kansai Nerolac Paints Limited

KANSAINER.NS

(3.0)
Stock Price

304,55 INR

15.79% ROA

32.29% ROE

24.6x PER

Market Cap.

275.091.714.000,00 INR

6.08% DER

0.79% Yield

14.98% NPM

Kansai Nerolac Paints Limited Stock Analysis

Kansai Nerolac Paints Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Kansai Nerolac Paints Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (22.75%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 DER

The stock has a minimal amount of debt (6%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

3 Assets Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

4 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

5 ROA

The stock's ROA (7.58%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Revenue Growth

With a track record of continuous revenue growth in the last three years, this company offers a promising investment opportunity

7 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (5.167), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 PBV

The stock's elevated P/BV ratio (4.95x) raises concerns about its overvaluation, making it an imprudent choice for investors seeking value.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

Kansai Nerolac Paints Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Kansai Nerolac Paints Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Buy
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Kansai Nerolac Paints Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Kansai Nerolac Paints Limited Revenue
Year Revenue Growth
2005 10.095.799.000
2006 12.934.566.000 21.95%
2007 13.999.248.000 7.61%
2008 13.963.994.000 -0.25%
2009 17.063.836.000 18.17%
2010 21.387.302.000 20.22%
2011 25.858.790.000 17.29%
2012 27.835.310.000 7.1%
2013 30.918.130.000 9.97%
2014 34.890.800.000 11.39%
2015 37.676.700.000 7.39%
2016 40.425.800.000 6.8%
2017 46.457.900.000 12.98%
2018 54.069.700.000 14.08%
2019 52.638.100.000 -2.72%
2020 50.575.600.000 -4.08%
2021 62.823.800.000 19.5%
2022 75.427.300.000 16.71%
2023 78.261.600.000 3.62%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Kansai Nerolac Paints Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Kansai Nerolac Paints Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 27.180.000 100%
2013 31.470.000 13.63%
2014 28.100.000 -11.99%
2015 32.900.000 14.59%
2016 36.100.000 8.86%
2017 44.600.000 19.06%
2018 52.900.000 15.69%
2019 101.800.000 48.04%
2020 118.500.000 14.09%
2021 128.100.000 7.49%
2022 150.000.000 14.6%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Kansai Nerolac Paints Limited EBITDA
Year EBITDA Growth
2005 2.152.433.000
2006 1.932.093.000 -11.4%
2007 2.119.045.000 8.82%
2008 1.777.152.000 -19.24%
2009 2.840.691.000 37.44%
2010 3.139.634.000 9.52%
2011 3.615.670.000 13.17%
2012 3.460.060.000 -4.5%
2013 3.742.500.000 7.55%
2014 4.675.900.000 19.96%
2015 5.961.200.000 21.56%
2016 6.671.500.000 10.65%
2017 7.550.800.000 11.65%
2018 7.872.200.000 4.08%
2019 8.089.300.000 2.68%
2020 8.802.700.000 8.1%
2021 6.552.000.000 -34.35%
2022 8.439.700.000 22.37%
2023 11.810.400.000 28.54%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Kansai Nerolac Paints Limited Gross Profit
Year Gross Profit Growth
2005 3.986.237.000
2006 4.640.658.000 14.1%
2007 5.098.016.000 8.97%
2008 4.828.191.000 -5.59%
2009 6.345.613.000 23.91%
2010 7.384.849.000 14.07%
2011 8.454.660.000 12.65%
2012 8.183.190.000 -3.32%
2013 9.258.840.000 11.62%
2014 10.867.600.000 14.8%
2015 13.801.000.000 21.25%
2016 16.538.800.000 16.55%
2017 18.081.400.000 8.53%
2018 19.144.100.000 5.55%
2019 19.760.200.000 3.12%
2020 18.872.500.000 -4.7%
2021 18.254.700.000 -3.38%
2022 22.784.500.000 19.88%
2023 27.860.800.000 18.22%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Kansai Nerolac Paints Limited Net Profit
Year Net Profit Growth
2005 1.216.249.000
2006 1.020.208.000 -19.22%
2007 1.170.272.000 12.82%
2008 1.013.619.000 -15.45%
2009 1.655.005.000 38.75%
2010 2.059.845.000 19.65%
2011 2.158.850.000 4.59%
2012 2.931.400.000 26.35%
2013 2.079.560.000 -40.96%
2014 2.740.600.000 24.12%
2015 8.932.400.000 69.32%
2016 5.088.400.000 -75.54%
2017 5.144.000.000 1.08%
2018 4.527.500.000 -13.62%
2019 5.210.100.000 13.1%
2020 5.297.400.000 1.65%
2021 3.588.600.000 -47.62%
2022 4.735.800.000 24.22%
2023 7.086.000.000 33.17%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Kansai Nerolac Paints Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 2
2006 1 0%
2007 1 0%
2008 1 0%
2009 2 50%
2010 3 0%
2011 3 0%
2012 4 33.33%
2013 3 -50%
2014 3 33.33%
2015 11 72.73%
2016 6 -83.33%
2017 6 0%
2018 6 -20%
2019 6 16.67%
2020 7 0%
2021 4 -50%
2022 6 20%
2023 9 37.5%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Kansai Nerolac Paints Limited Free Cashflow
Year Free Cashflow Growth
2005 -459.881.000
2006 409.832.000 212.21%
2007 722.388.000 43.27%
2008 1.278.715.000 43.51%
2009 747.636.000 -71.03%
2010 38.100.000 -1862.3%
2011 -1.216.720.000 103.13%
2012 -616.770.000 -97.27%
2013 656.170.000 194%
2014 2.165.700.000 69.7%
2015 3.062.300.000 29.28%
2016 1.341.800.000 -128.22%
2017 148.600.000 -802.96%
2018 -4.271.500.000 103.48%
2019 3.529.500.000 221.02%
2020 5.420.800.000 34.89%
2021 -1.942.400.000 379.08%
2022 2.850.800.000 168.14%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Kansai Nerolac Paints Limited Operating Cashflow
Year Operating Cashflow Growth
2005 22.308.000
2006 1.056.509.000 97.89%
2007 1.414.666.000 25.32%
2008 2.028.831.000 30.27%
2009 1.504.626.000 -34.84%
2010 1.305.704.000 -15.23%
2011 1.022.600.000 -27.68%
2012 2.200.310.000 53.52%
2013 1.945.140.000 -13.12%
2014 3.092.500.000 37.1%
2015 3.943.800.000 21.59%
2016 3.512.000.000 -12.29%
2017 3.593.300.000 2.26%
2018 999.200.000 -259.62%
2019 5.950.700.000 83.21%
2020 6.458.700.000 7.87%
2021 247.700.000 -2507.47%
2022 4.082.500.000 93.93%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Kansai Nerolac Paints Limited Capital Expenditure
Year Capital Expenditure Growth
2005 482.189.000
2006 646.677.000 25.44%
2007 692.278.000 6.59%
2008 750.116.000 7.71%
2009 756.990.000 0.91%
2010 1.267.604.000 40.28%
2011 2.239.320.000 43.39%
2012 2.817.080.000 20.51%
2013 1.288.970.000 -118.55%
2014 926.800.000 -39.08%
2015 881.500.000 -5.14%
2016 2.170.200.000 59.38%
2017 3.444.700.000 37%
2018 5.270.700.000 34.64%
2019 2.421.200.000 -117.69%
2020 1.037.900.000 -133.28%
2021 2.190.100.000 52.61%
2022 1.231.700.000 -77.81%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Kansai Nerolac Paints Limited Equity
Year Equity Growth
2005 4.131.755.000
2006 5.172.118.000 20.11%
2007 5.987.512.000 13.62%
2008 6.629.987.000 9.69%
2009 7.728.170.000 14.21%
2010 9.161.670.000 15.65%
2011 10.631.540.000 13.83%
2012 12.869.630.000 17.39%
2013 14.256.750.000 9.73%
2014 16.014.700.000 10.98%
2015 22.959.000.000 30.25%
2016 28.145.000.000 18.43%
2017 31.323.200.000 10.15%
2018 34.364.200.000 8.85%
2019 37.819.800.000 9.14%
2020 40.891.800.000 7.51%
2021 41.515.100.000 1.5%
2022 45.604.100.000 8.97%
2023 53.341.100.000 14.5%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Kansai Nerolac Paints Limited Assets
Year Assets Growth
2005 7.692.914.000
2006 8.749.458.000 12.08%
2007 10.148.610.000 13.79%
2008 10.847.085.000 6.44%
2009 12.808.002.000 15.31%
2010 14.713.022.000 12.95%
2011 16.981.200.000 13.36%
2012 20.865.700.000 18.62%
2013 22.795.290.000 8.46%
2014 23.729.800.000 3.94%
2015 32.988.000.000 28.07%
2016 36.362.500.000 9.28%
2017 41.299.200.000 11.95%
2018 45.178.900.000 8.59%
2019 48.836.200.000 7.49%
2020 55.333.500.000 11.74%
2021 57.093.800.000 3.08%
2022 63.063.600.000 9.47%
2023 71.199.800.000 11.43%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Kansai Nerolac Paints Limited Liabilities
Year Liabilities Growth
2005 3.398.767.000
2006 3.424.026.000 0.74%
2007 4.022.018.000 14.87%
2008 4.217.098.000 4.63%
2009 5.079.832.000 16.98%
2010 5.551.352.000 8.49%
2011 6.349.660.000 12.57%
2012 7.964.960.000 20.28%
2013 8.500.380.000 6.3%
2014 7.665.600.000 -10.89%
2015 9.969.300.000 23.11%
2016 8.065.000.000 -23.61%
2017 9.812.200.000 17.81%
2018 10.814.700.000 9.27%
2019 11.016.400.000 1.83%
2020 14.441.700.000 23.72%
2021 15.578.700.000 7.3%
2022 17.459.500.000 10.77%
2023 17.858.700.000 2.24%

Kansai Nerolac Paints Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
94.87
Net Income per Share
13.83
Price to Earning Ratio
24.6x
Price To Sales Ratio
3.58x
POCF Ratio
7340.54
PFCF Ratio
7335.78
Price to Book Ratio
5.18
EV to Sales
3.61
EV Over EBITDA
27.06
EV to Operating CashFlow
7395.15
EV to FreeCashFlow
7395.15
Earnings Yield
0.04
FreeCashFlow Yield
0
Market Cap
275,09 Bil.
Enterprise Value
277,32 Bil.
Graham Number
142.97
Graham NetNet
16.5

Income Statement Metrics

Net Income per Share
13.83
Income Quality
0
ROE
0.45
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.76
EBT Per Ebit
1.74
Ebit per Revenue
0.11
Effective Tax Rate
0.24

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.11
Pretax Profit Margin
0.2
Net Profit Margin
0.15

Dividends

Dividend Yield
0.01
Dividend Yield %
0.79
Payout Ratio
0
Dividend Per Share
2.7

Operating Metrics

Operating Cashflow per Share
0.05
Free CashFlow per Share
0.05
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.11
Return on Tangible Assets
0.16
Days Sales Outstanding
76.39
Days Payables Outstanding
79.22
Days of Inventory on Hand
117.32
Receivables Turnover
4.78
Payables Turnover
4.61
Inventory Turnover
3.11
Capex per Share
0

Balance Sheet

Cash per Share
13,54
Book Value per Share
65,68
Tangible Book Value per Share
65.51
Shareholders Equity per Share
65.68
Interest Debt per Share
4.35
Debt to Equity
0.06
Debt to Assets
0.05
Net Debt to EBITDA
0.22
Current Ratio
2.97
Tangible Asset Value
52,99 Bil.
Net Current Asset Value
27,28 Bil.
Invested Capital
0.06
Working Capital
29,97 Bil.
Intangibles to Total Assets
0
Average Receivables
8,03 Bil.
Average Payables
5,54 Bil.
Average Inventory
8209350000
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Kansai Nerolac Paints Limited Dividends
Year Dividends Growth
2004 13
2005 12 -9.09%
2006 20 45%
2007 12 -81.82%
2008 12 8.33%
2009 12 0%
2010 30 60%
2011 10 -200%
2012 11 9.09%
2013 11 0%
2014 11 0%
2015 1 -1000%
2016 1 0%
2017 3 50%
2018 3 0%
2019 3 0%
2020 4 50%
2021 3 -33.33%
2022 1 -200%
2023 4 75%

Kansai Nerolac Paints Limited Profile

About Kansai Nerolac Paints Limited

Kansai Nerolac Paints Limited manufactures and sells paints and varnishes, enamels, or lacquers in India. It offers interior and exterior decorative wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; and automotive and powder coatings, performance coatings liquid, auto refinish, primers, wood finishes, and construction chemicals. The company also develops and supplies paint systems used on the finishing lines of electrical components, cycle, material handling equipment, bus bodies, containers, and furniture industries. In addition, it provides disinfectant, hand sanitizers, and multi surface protective sheets. The company was formerly known as Goodlass Nerolac Paints Limited and changed its name to Kansai Nerolac Paints Limited in April 2006. The company was incorporated in 1920 and is based in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.

CEO
Mr. Anuj Jain
Employee
3.379
Address
Nerolac House
Mumbai, 400013

Kansai Nerolac Paints Limited Executives & BODs

Kansai Nerolac Paints Limited Executives & BODs
# Name Age
1 Mr. G. T. Govindarajan
Vice President of Secretarial & Legal, Compliance Officer and Secretary
70
2 Mr. Sudhir Rane
Senior Vice President of HR & International Operations
70
3 Mr. Anuj Jain
MD & Whole-Time Director
70
4 Mr. Rohit Malkani
Senior Vice President of Decorative Sales & Marketing
70
5 Mr. Abhijit M. Natoo
Senior Vice President of Manufacturing
70
6 Mr. Prashant D. Pai
Chief Financial Officer & Director of Finance
70
7 Mr. Laxman Nikam
Vice President of Technical
70
8 Mr. Jason S. Gonsalves
Chief Risk Officer and Director of Corporate Planning, IT & Materials
70

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