Kansai Nerolac Paints Limited Share Price and Company Fundamentals



Price
₹399.65
Change
32.100 (8.734%)
52 week
358.15 - 675.0

Last traded: Yesterday at 10:00 AM

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.

Key Metrics

PE ratio

55.61

PB ratio

4.83

Dividend yield

0.61%

Beta

0.53

Market cap

-

Enterprise value

-

Company profile

Industry / SectorSpecialty Chemicals / Basic Materials
Full time employees3105
Websitehttps://www.nerolac.com
Mailing addressNerolac House Ganpatrao Kadam Marg Near Shri Ram Mills Lower Parel West Mumbai 400013 India
Phone / Fax91 22 2493 4001 / 91 22 2493 6296

Dividends

Dividend yield

0.61%

Dividend amount

₹2.25

Payout ratio

48.80%

5Y Avg. yield

0.61%

Kansai Nerolac Paints Limited paid ₹2.25 dividend and the ex-dividend date was 08 June 2022.The dividend payout ratio is 48.80%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.KANSAINER dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

KANSAINER's forward dividend amount is ₹2.25 and the forward dividend yield is 0.61%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Jul 2022, following are the company executives and directors listed on Kansai Nerolac Paints Limited.

NameTitleAgeTotal Pay
Mr. Anuj JainMD & Whole-Time Director5222.86M
Mr. Prashant D. PaiCFO & Director of Fin.58
Mr. G. T. GovindarajanCompliance Officer & Sec.
Mr. Sudhir RaneSr. VP of Corp. Planning & International Operations53
Mr. Laxman NikamVP of Technical
Mr. Abhijit M. NatooSr. VP of Manufacturing51
Mr. Jason S. GonsalvesChief Risk Officer and Director of Corp. Planning, IT & Materials50

Profitability and management effectiveness

Profit margin

5.63%

Operating margin

7.53%

Return on assets

5.33%

Return on equity

8.33%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of Kansai Nerolac Paints Limited is and its enterprise value is .

The KANSAINER's stocks Beta value is 0.53 making it 47% less volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

Kansai Nerolac Paints Limited (NSE:KANSAINER) Frequently Asked Questions

1. What is Kansai Nerolac Paints Limited's Stock Symbol?

Kansai Nerolac Paints Limited trades on NSE under the ticker symbol "KANSAINER".

2. What is Kansai Nerolac Paints Limited's stock price today?

One share of KANSAINER stock can currently be purchased for approximately ₹399.65.

3. How can I contact Kansai Nerolac Paints Limited?

Kansai Nerolac Paints Limited's mailing address is Nerolac House Ganpatrao Kadam Marg Near Shri Ram Mills Lower Parel West Mumbai 400013 India. The company can be reached via phone at 91 22 2493 4001.

4. What is Kansai Nerolac Paints Limited's official website?

The official website of Kansai Nerolac Paints Limited is https://www.nerolac.com.