Overall Fundamental outlook

Business Operations:

Sector: Basic Materials
Industry: Specialty Chemicals

Kansai Nerolac Paints Limited manufactures and supplies paints and varnishes, enamels, and lacquers in India. The company provides interior and exterior wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; interior textures; and automotive and powder coatings, performance coatings liquid, auto refinish, primers, enamels, wood finishes, waterproofing solutions, and construction chemicals. It also offers 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.

Revenue projections:

Revenue projections for KANSAINER
Revenue projections for KANSAINER

With KANSAINER's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.

Financial Ratios:

currentRatio 3.484000
forwardPE 21.805023
debtToEquity 4.526000
earningsGrowth 0.040000
revenueGrowth 0.075000
grossMargins 0.354610
operatingMargins 0.079640
trailingEps 7.270000
forwardEps 9.986690

KANSAINER's current ratio of 3.484 shows that the company has ample resources to service its short-term debt. This indicates a solid financial position, as KANSAINER can rely on its cash reserves and current assets to cover its immediate liabilities without strain.
KANSAINER's Forward PE being in a good range indicates that the stock is valued appropriately based on its earnings. This suggests the stock is not overpriced and leaves room for growth, providing investors with an opportunity for potential appreciation in value.
With KANSAINER's forward EPS higher than its trailing EPS, the company is expected to be more profitable in the current financial year. This signals confidence in KANSAINER's growth potential, as improved earnings are forecasted compared to the prior year's performance.

Price projections:

Price projections for KANSAINER
Price projections for KANSAINER

Kansai Nerolac Paints Limited's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.

Recommendation changes over time:

Recommendations trend for KANSAINER
Recommendations trend for KANSAINER


The recent buy bias for KANSAINER from analysts signals strong confidence in the stock's potential. This positive sentiment could encourage investors to see KANSAINER as a smart place to invest their money, especially those looking for stable, long-term returns in a well-established company.