Kansai Nerolac Paints Ltd.
Snapshot View

623.55 -1.25 ▼-0.2%

23 July 2021, 04:00:00 P.M.
Volume: 30,934

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Paints Compare with Industry peers
Website http://www.nerolac.com
Financial Indicators
Market Cap 33,593.56 Cr.
Earnings per share (EPS) 9.83 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 63.42 Trailing Twelve Months Ending 2021-03
Industry PE 87.81 Trailing Twelve Months Ending 2021-03
Book Value / Share 75.20 Trailing Twelve Months Ending 2021-03
Price to Book Value 8.29 Calculated using Price: 623.35
Dividend Yield 0.84 Period Ending 2021-03
No. of Shares Subscribed 53.89 Cr. 538,919,720 Shares
FaceValue 1
Company Profile

Kansai Nerolac Paints was incorporated in 1920 as Gahagan Paints and Varnish Company. Later in 1930, three British companies were merged and Lead Industries Group was established. Today Kansai Nerolac Paints is amongst the leading paint companies in India.

Business area of the company

Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, automotive coatings and performance coatings.

Products offered by the company

  • Nerolac Decorative Paints
  • Interior Wall Paints
  • Exterior Wall Paints
  • Wood Coatings
  • Metal Enamel Paints
  • Paint Ancillary
  • Adhesive
  • Hygiene care range

Awards

2011-2012

  • Certificate of Merit - Lote Zero Accident Frequency Rate.
  • Ace award- Best run business in Consumer Trade. 
  • Product of the year - Impressions Eco Clean.

2012-13

  • Environment Award-KNPL Bawal-Silver. 
  • Green Vendor Developer Program. 
  • Best business HR case study.

2013-14

  • Certificate of Merit - Lote [Zero Accident Frequency Rate. 
  • Vendor Performance award. 
  • Outstanding Contribution to Supply Chain Management. 
  • Best Quality Performance in Proprietary Items.

2014-15

  • Bawal plant - Gold,Safety. 
  • Best Vendor Award.
  • Design award for Ambient Media Category (Rang De Patang). 
  • Best Vendor in Safety Award-Bawal. 
  • Certificate of Excellence for Achieving Quality Targets.
  • Safety Systems Excellence Award. 

2015-16

  • Award for achieving the highest growth in refinish business. 
  • Best Eco Kaizen-Hosur.
  • Most Innovative Product of the Year Award-Nerolac Impressions HD.

Milestones

  • 1920- Gahagan Paints and Varnish Company was incorporated.
  • 1930- Lead Industries Group was established by merger of three British companies.
  • 1933- Lead Industries Group acquired 100% stake of Gahagan Paints and the company was renamed as Goodlass Wall (India)
  • 1946- Goodlass Wall was converted in private limited company.
  • 1957- Goodlass Wall was renamed as Goodlass Nerolac Paints and went public in the same year.
  • 1976- After acquisition Goodlass Nerolac Paints became part of Tata Forbes Group.
  • 1983- Goodlass Nerolac Paints entered into technical collaboration with Kansai Paint Co. and Nihon Tokushu Toryo Co. of Japan.
  • 1986- Goodlass Nerolac Paints Ltd. turned into a joint venture of the Tata Forbes and the Kansai Paint Co., with the latter acquiring 36% stake in the company.
  • 1999-Kansai Paint Company, Japan acquired the entire stake of Tata Forbes group and thus Goodlass Nerolac Paints became a wholly owned subsidiary of Kansai Paint Company.
  • 2006- Goodlass Nerolac Paints was rechristened to Kansai Nerolac Paints.
  • 2012- Kansai Nerolac decided  to enter JV with Nepal Shalimar, to acquire 68% stake in Nepalese paint major.
  • 2015- Kansai Nerolac Paints to enter Sri Lankan market.
  • 2015- Kansai Nerolac decided to set up a manufacturing unit in Gujarat at an estimated cost of Rs 350 crore.
  • 2019- Kansai Nerolac Paints starts commercial production at manufacturing unit in Punjab.
  • 2019- Kansai Nerolac launches 'Shera Para Shera Pujo 2019' campaign.
  • 2020- Kansai Nerolac Paints, Polygel complete acquisition of stake in Nerofix.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
-0.20%
1 Week
+3.92%
1 Month
+6.72%
3 Month
+13.18%
6 Month
-4.14%
1 Year
+41.03%
2 Year
+51.84%
5 Year
+98.61%
9 years 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 30.12 15.38 18.18 43.88 19.16 17.28 13.67 14.37 13.46
Return on Capital Employed (%) 39.72 21.76 25.71 51.29 28.35 26.21 21.12 18.43 18.03
Return on Assets (%) 18.57 9.56 11.83 32.14 14.84 13.23 10.35 10.97 10.09

Balance Sheet View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Shh. Funds 1,287 1,426 1,601 2,510 2,815 3,132 3,416 3,760 4,053
Non Curr. Liab. 149 152 147 46 98 91 131 184 204
Curr. Liab. 648 698 620 678 709 890 950 917 1,241
Minority Int. 3 4 5 6 15 16 20 22 36
Equity & Liab. 2,087 2,280 2,373 3,240 3,636 4,130 4,518 4,884 5,533
Non Curr. Assets 988 1,029 1,046 1,055 1,246 1,545 2,198 2,395 2,355
Curr. Assets 1,099 1,251 1,327 2,185 2,390 2,585 2,320 2,489 3,178
Misc. Exp. not W/O
Total Assets 2,087 2,280 2,373 3,240 3,636 4,130 4,518 4,884 5,533

Profit Loss View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Net Sales 2,867 3,193 3,587 3,767 4,053 4,658 5,424 5,280 5,074
Other Income 16 10 22 28 98 71 61 26 38
Total Income 2,883 3,203 3,609 3,794 4,151 4,729 5,485 5,306 5,112
Total Expenditure -2,529 -2,827 -3,136 -3,183 -3,315 -3,864 -4,672 -4,476 -4,211
PBIDT 354 376 473 611 835 865 813 830 901
Interest -1 -2 -1 -1 -10 -21 -24
Depreciation -47 -65 -68 -67 -70 -77 -106 -142 -165
Taxation -128 -101 -128 -177 -255 -273 -249 -151 -187
Exceptional Items 116 535
PAT 294 209 275 902 510 514 448 516 526

Cash Flow View Details

Particulars 9 years 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 220 195 305 392 351 360 100 595 646
Cash Fr. Inv. -142 -113 -239 144 -557 -163 88 -376 -453
Cash Fr. Finan. -77 -87 -87 -92 -216 -192 -223 -141 -274
Net Change 0 -6 -21 444 -422 6 -35 78 -81
Cash & Cash Eqvt 61 55 34 478 55 61 26 104 24

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99 74.99
Public 25.01 25.01 25.01 25.01 25.01 25.01 25.01 25.01 25.01
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 19 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- G T GOVINDARAJAN
Designation :- Company Secretary and Compliance Officer
Mon, 19 Jul 2021
Shareholding for the Period Ended June 30 2021
Kansai Nerolac Paints Ltd has submitted to BSE the Shareholding Pattern for the Period Ended June 30 2021. For more details kindly Click here
Wed, 30 Jun 2021
Board Meeting Intimation for Consideration Of The Unaudited Standalone And Consolidated Financial Results Of The Company For The Quarter Ended June 30 2021.
KANSAI NEROLAC PAINTS LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 30/07/2021 inter alia to consider and approve the Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended June 30 2021.

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Decreasing Relative Strength - Benchmark index Decreasing Relative Strength - Benchmark index
Decreasing Relative Strength - Sectoral index Decreasing Relative Strength - Sectoral index
Close Within 2 Year High Zone Close Within 2 Year High Zone
Close Within 5 Year High Zone Close Within 5 Year High Zone

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