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 With Kansai Nerolac Paints Limited's revenue forecasted to drop below last year's level, investors are expected to take a cautious stance. Such declines typically affect a company's bottom line, reducing profitability and making investors hesitant to invest heavily in the company until financial performance improves.
Financial Ratios:
currentRatio
3.690000
forwardPE
25.406353
debtToEquity
4.628000
earningsGrowth
-0.064000
revenueGrowth
0.027000
grossMargins
0.349090
operatingMargins
0.062820
trailingEps
14.110000
forwardEps
0.000000
KANSAINER's current ratio of 3.69 indicates strong liquidity, meaning the company can comfortably meet its short-term debt obligations. This financial position reflects KANSAINER's ability to use its cash reserves and current assets to cover liabilities without facing any cash flow issues. KANSAINER's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside. KANSAINER's low earnings and revenue growth suggest shrinking profits are likely. This could reflect broader financial struggles, signaling that the company might face difficulties in sustaining its profitability. Kansai Nerolac Paints Limited's negative gross and operating margins point to financial difficulties, as the company is incurring losses at both the production and operational levels. This suggests a potential decline in profitability and raises concerns about its financial outlook.
Price projections:
Price projections for KANSAINER Price projections for KANSAINER have been revised lower over time, signaling a more cautious outlook from analysts. The gradual downward trend indicates that expectations for the company's growth may be softening.
Recommendation changes over time:
Recommendations trend for KANSAINER
With analysts showing a buy bias for Kansai Nerolac Paints Limited, investors may be more inclined to see the stock as an attractive investment. The favorable outlook could spur increased interest, positioning Kansai Nerolac Paints Limited as a safe and profitable place for investors to allocate their funds and seek growth.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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