Kansai Nerolac Paints Share Price
₹261.30 +0.05 (0.02%)
28 Dec, 2024 03:25
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KANSAINER
Performance
- Low
- ₹261
- High
- ₹264
- 52 Week Low
- ₹252
- 52 Week High
- ₹353
- Open Price₹263
- Previous Close₹261
- Volume85,924
Investment Returns
- Over 1 Month -5.09%
- Over 3 Month -14.06%
- Over 6 Month -3.2%
- Over 1 Year -19.66%
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Kansai Nerolac Paints Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.
- P/E Ratio
- 33.9
- PEG Ratio
- -0.8
- Market Cap Cr
- 21,124
- P/B Ratio
- 3.8
- Average True Range
- 6.24
- EPS
- 7.72
- Dividend Yield
- 1.4
- MACD Signal
- -3.67
- RSI
- 41.45
- MFI
- 23.07
Kansai Nerolac Paints Financials
Kansai Nerolac Paints Technicals
EMA & SMA
-
- Bullish Moving Average 0
-
- Bearish Moving Average 16
- 20 Day
- ₹265.54
- 50 Day
- ₹272.67
- 100 Day
- ₹279.13
- 200 Day
- ₹285.54
Resistance and Support
- R3 265.72
- R2 264.63
- R1 262.97
- S1 260.22
- S2 259.13
- S3 257.47
Kansai Nerolac Paints Corporate Actions - Bonus, Splits, Dividends
Kansai Nerolac Paints F&O
About Kansai Nerolac Paints
- NSE Symbol
- KANSAINER
- BSE Symbol
- 500165
- Managing Director
- Mr. Anuj Jain
- ISIN
- INE531A01024
Similar Stocks to Kansai Nerolac Paints
Kansai Nerolac Paints FAQs
Kansai Nerolac Paints share price is ₹261 As on 28 December, 2024 | 03:11
The Market Cap of Kansai Nerolac Paints is ₹21123.6 Cr As on 28 December, 2024 | 03:11
The P/E ratio of Kansai Nerolac Paints is 33.9 As on 28 December, 2024 | 03:11
The PB ratio of Kansai Nerolac Paints is 3.8 As on 28 December, 2024 | 03:11
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
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
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
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.
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