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 forecasted to be lower than last year's, investors are expected to be cautious. A decline in revenue typically harms the company's bottom line, reducing profitability and making investors less confident about the company's ability to sustain its financial health.

Financial Ratios:

currentRatio 3.574000
forwardPE 24.226492
debtToEquity 4.284000
earningsGrowth 0.099000
revenueGrowth 0.001000
grossMargins 0.350200
operatingMargins 0.082360
trailingEps 14.140000
forwardEps 0.000000

Kansai Nerolac Paints Limited's current ratio of 3.574, indicating that the company can meet its short-term debt obligations with ease. This high liquidity level is a positive sign, as Kansai Nerolac Paints Limited has enough cash and current assets to handle its immediate liabilities comfortably.
KANSAINER's Forward PE is at a healthy level, meaning the stock price is aligned favorably with earnings. This suggests that the stock isn't overpriced, providing room for growth and making it an appealing option for investors looking to capitalize on potential future gains.

Price projections:

Price projections for KANSAINER
Price projections for KANSAINER

The price of KANSAINER has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding 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.