Kansai Nerolac Paints

₹197.79As of Sun 8 Nov 2026, 12:00 UTC

NSE:KANSAINERMaterials

Country India

PE (Fwd) 23.91

TSR 10Y CAGR (1.71%)

Div yield 1.26%

ROE —

Specialty Chemicals

Beta (5Y) 0.40

PE TTM 27.15

TSR TTM (19.28%)

Mkt cap ₹164.5B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹217

9.75%

(69.67%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

5Y

10Y

Peers

80.52

Revenue₹B

—

—

—

—

—

63.69

75.43

78.01

78.23

80.52

85.72

6.04%

6.04%

50

2.93

Revenue growth%

—

—

—

—

—

—

18.42

3.43

0.28

2.93

6.45

3.18

—

37

35.18

Gross margin%

—

—

—

—

—

30.26

29.98

35.10

34.91

35.18

35.17

34.91

34.91

69

9.27

Operating margin%

—

—

—

—

—

7.53

8.46

10.73

9.47

9.27

9.30

9.27

9.27

53

7.32

Net margin%

—

—

—

—

—

5.63

6.28

15.20

14.61

7.32

7.34

7.32

7.32

55

27.15

P/E ratio (avg)x

—

—

—

—

—

85.86

50.42

21.10

19.96

31.30

25.44

31.30

31.30

48

21.44

EV/EBITx

—

—

—

—

—

64.25

37.43

29.88

30.80

24.72

20.08

30.80

30.80

43

—

FCF yield (avg)%

—

—

—

—

—

—

—

—

—

—

—

—

—

43

—

FCF margin%

—

—

—

—

—

—

—

—

—

—

—

—

—

57

—

FCF / Net incomex

—

—

—

—

—

—

—

—

—

—

—

—

—

46

—

ROIC%

—

—

—

—

—

—

—

—

—

—

—

—

—

77

—

Return on equity%

—

—

—

—

—

—

—

—

—

—

—

—

—

59

—

Return on assets%

—

—

—

—

—

—

—

—

—

—

—

—

—

66

7.28

EPS₹

—

—

—

—

—

4.44

5.85

14.65

14.12

7.28

7.78

13.18%

13.18%

—

(48.43)

EPS growth%

—

—

—

—

—

—

31.87

150.30

(3.60)

(48.43)

6.75

14.13

—

17

—

Bookvalue per sh₹

—

—

—

—

—

—

—

—

—

—

—

—

—

—

—

FCF per share₹

—

—

—

—

—

—

—

—

—

—

—

—

—

—

2.50

Dividend per sh₹

—

—

—

—

—

1.50

1.80

2.50

2.50

2.50

2.60

13.62%

13.62%

—

1.26

Div yield (avg)%

—

—

—

—

—

0.39

0.61

0.81

0.89

1.10

1.31

0.81

0.81

48

34.34

Payout ratio%

—

—

—

—

—

33.79

30.73

17.06

17.71

34.34

33.42

30.73

30.73

48

809.2

Shares (diluted)M

—

—

—

—

—

808.4

809.0

809.1

809.2

809.2

◌809.2

0.03%

0.03%

37

—

Buyback yield%

—

—

—

—

—

—

(0.08)

(0.01)

(0.02)

—

◌—

(0.01)

—

37

—

D/E ratiox

—

—

—

—

—

—

—

—

—

—

—

—

—

77

160.1

Enterprise value₹B

—

—

—

—

—

308.1

238.8

250.2

228.1

184.5

160.1

(12.03%)

(12.03%)

23

—

LT debt₹M

—

—

—

—

—

—

—

—

—

—

—

—

—

20

Peers (US$1.688B)

Cap (US$)

PE

Aarti Industries…

1.700B

26.96x

Fine Organic Industrie…

1.665B

32.46x

1.628B

19.81x

1.646B

57.90x

Capital

TTM

5Y

10Y

Leveragex

—

—

—

EBIT/Intx

23.12

23.12

23.12

Own earn%

—

—

—

Sh yield%

1.26

0.83

0.83

Owners

Insiders/Inst%

—

12.81

Short interest%

—

SBC / revenue%

0.04

Record

10Y

Profitable years

5/5

Revenue growth years

4/4

EPS growth years

2/4

Dividend streakyrs

0

Op margin range%

8–11

$1 testx

—

Incr. ROIC%

—

Kansai Nerolac Paints Limited engages in the manufacture and supply paints, varnishes, enamels, and lacquers in India.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹80.52B

6.04%

1.00×

Cost of revenue

₹52.20B

4.11%

0.93×

Operating expenses

₹20.86B

9.57%

1.14×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

-

Return on capital

n/m

-

Spread over hurdle

n/m

-