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 Kansai Nerolac Paints Limited's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.

Financial Ratios:

currentRatio 3.574000
forwardPE 23.749065
debtToEquity 4.284000
earningsGrowth 0.099000
revenueGrowth 0.001000
grossMargins 0.350200
operatingMargins 0.082360
trailingEps 14.150000
forwardEps 9.561640

With a current ratio of 3.574, KANSAINER has the liquidity needed to easily service its short-term debt. The company's cash reserves and current assets are sufficient, indicating that KANSAINER is in a strong position to meet its immediate financial obligations without difficulty.
KANSAINER's Forward PE is positioned well, reflecting a favorable balance between stock price and earnings. The stock isn't overpriced, offering room for growth and making it a potentially rewarding investment as its value has room to rise further.
Kansai Nerolac Paints Limited's forward EPS being lower than its trailing EPS suggests the company is expected to face declining profits. This points to a less favorable financial outlook for the coming year.

Price projections:

Price projections for KANSAINER
Price projections for KANSAINER

KANSAINER's price projections have been revised downward gradually, indicating that analysts are tempering their expectations. This downward shift suggests a more cautious outlook on the company's growth prospects.

Recommendation changes over time:

Recommendations trend for KANSAINER
Recommendations trend for KANSAINER


Analysts have maintained a buy bias for KANSAINER, which could prompt investors to consider the stock as a viable investment. With this positive outlook, KANSAINER is positioned as an attractive option for those looking to park their money in a stable and potentially lucrative company.