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KANSAI NEROLAC PAINTS LTD. 541.95 21.30 (4.09%)

  • BSE: 532926
  • |
  • NSE: KANSAINER
  • |
  • ISIN NO: INE531A01024
  • |
  • INDUSTRY: Furniture-Furnishing-Paints
Profile

KANSAINER

Kansai Nerolac Paints Limited or KANSAINER

The company Kansai Nerolac Paints was incorporated in 1920 as Gahagan Paints and Varnish Company. And later in 1930, the Lead Industries Group was established, and three British companies merged. Today Kansai Nerolac Paints is amongst the leading paint companies in India. It has headquarters in Mumbai, and the company’s manufacturing facilities are located at Uttar Pradesh, Maharashtra, Tamil Nadu, and Haryana. In India, ... the company has its presence in various states such as Assam, Goa, Gujarat, Haryana, Himachal Pradesh, Madhya Pradesh, Orissa, West Bengal, Rajasthan, Maharashtra, Punjab, Uttaranchal, Bihar, New Delhi, Tamil Nadu, Uttar Pradesh and many more. The company’s manufacturing units have received ISO 9001–2000, ISO–14001 and OHSAS–18001 for its quality management. The company has also implemented Japanese 5–S and TPM (total productive maintenance) concepts in the organization. The company’s R&D facility focuses on improving its manufacturing processes and innovates its products. This specific facility was officially recognized by the Department of Science and Technology (DTI), Government of India. The company has also technically collaborated with the two companies named Kansai Paint Company and Oshima Kogyo Company of Japan. Products: The Company is engaged in the manufacturing of automotive coating, general industrial coating, high-performance coating, and the powder coating. The company also markets its products under the brand name such as 'Impressions,' 'Beauty,' 'Excel' and 'Suraksha.'

Some of the Milestones:

  • 1920- Both Gahagan Paints and Varnish Company were being incorporated.
  • 1930- The merger of three British companies established lead Industries Group.
  • 1933- The Lead Industries Group acquired a 100% stake of Gahagan Paints, and the company was renamed as Goodlass Wall (India).
  • 1946- Goodlass Wall was being converted into a private limited company.
  • 1957- Goodlass Wall was renamed as Goodlass Nerolac Paints, and it went public within the same year.
  • 1976- After acquisition Goodlass Nerolac Paints became part of the Tata Forbes Group.
  • 1983- Goodlass Nerolac Paints entered into a technical collaboration with the Kansai Paint Company and Nihon Tokushu Toryo Company 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 a 36% stake in the company.
  • 1999- The Kansai Paint Company, Japan acquired the entire stake of the Tata Forbes group. Thus, Goodlass Nerolac Paints became a wholly-owned subsidiary of Kansai Paint Company.
  • 2006- Goodlass Nerolac Paints was renamed as Kansai Nerolac Paints.
  • 2012- The company Kansai Nerolac decided to enter JV with the Nepal Shalimar, to acquire a 68% stake in Nepalese paint major.

Some of the Awards:

  • The company was awarded Best Vendor Award from customers like Toyota Kirloskar Motors (TKML) for Cost and from Maruti Udyog Limited (MUL) on the overall commendation.
  • The company also received the award for marketing initiatives such as Cannes 2007 Bronze for press Ad.
  • The company received Sustainability Award for an outstanding contribution” by the Mahindra and Mahindra – in October 2011.
  • Kansai Nerolac Paints was rated at level 4 out of 5 in the Karmayogi ratings for the Corporate Social Responsibility initiatives 2011.
  • The company received Best vendor PERFORMANCE AWARD in Paint Supplier’s Category by Honda Motorcycles and scooters at their annual conference in Jan 2012.

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Key Data
  • Market cap 25905.00 CR.
  • Book value 70.27
  • Stock P/E 68
  • Dividend Yield 0.65%
  • ROCE 18.81%
  • ROE 14.66%
  • Sales Growth (3Y) 7.32%
  • Face Value (3Y) 1.00
Trend Analysis
  • Short Term Trend :
    Up
  • Medium Term Trend :
    Up
  • Long Term Trend :
    Up

Are you friends with trend?

There is a saying in stock market, "Trend is your best friend"

It means, a good trader doesn't place his money against the trend. Many new traders lose money because they are trying to catch trend reversals but seasoned traders wait for a clear trend to emerge before taking the trade in the direction of trend.

Day Technicals

What is Opening Range Breakout?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

NR7

What is NR7 trading strategy?

Narrow Range trading strategy or NR7 Trading strategy is a breakout based method which assumes that the price of security trends up or down after a brief consolidation in a narrow range.

Opening Price clues

How to use Opening Price Clues in your trades?

If the stock has same open and high after it has traded for some time, it implies there was a consistent selling pressure that didn't allow the stock to move higher from the opening price. Similarly, if the stock has same open and low price, it implies there was a consistent buying intent that kept the stock price above the opening price.

Day High Low Range
TIME LOWEST HIGHEST
10 AM - -
11 AM - -
12 PM - -
1 PM - -
2 PM - -
Japanese Candlestick Patterns
Candle Pattern 1 :None
Candle Pattern 2 : None
Candle Pattern 3 :None
Candlestick Price Action
Higher High Higher Low
Pivot Points
Name S4 S3 S2 S1 Pivot Points R1 R2 R3 R4
classic 466.10 486.90 507.70 515.20 528.50 536.00 549.30 570.10 590.90
woodie's 489.80 510.60 515.80 531.40 536.60 552.20 557.40 573.00 593.80
fibonacci - 507.70 515.64 520.55 528.50 536.45 541.36 549.30 -
camarilla 511.26 516.98 518.89 520.79 -- 524.61 526.51 528.42 534.14
Past Performance & Moving Averages
Day’s LOW HIGH RANGE SMA PERFORMANCE Nifty
10 DAY 500.10
556.95
532.22 1.01 % 1.48 %
20 DAY 493.30
556.95
524.32 1.69 % 5.01 %
50 DAY 461.05
556.95
505.21 9.73 % 10.14 %
100 DAY 416.50
556.95
486.29 7.32 % 13.98 %
200 DAY 293.70
556.95
448.62 46.23 % 40.86 %
YTD 293.70
556.95
456.66 0.50 % 6.75 %
52 Week 293.70
573.00
468.27 -0.68 % 7.33 %

Why are moving Averages important in technical Analysis?

An opening range breakout is breaking out of the day's range after a stock has moved for some time in a sideways trend. In technical terms, its a breakout from the support and resistance level in an upward or downward trend.

Gaps On Day Chart
Industry Growth Rate

In Last 1 Year the industry has grown by 14.41 %

In Last 5 Year the industry has grown by 7.03 %

Peer comparison

Sales

COMPANY NAME 2014 2015 2016 2017 2018 2019
KANSAINER 3120.00 3505.00 3767.00 4053.00 4658.00 5424.00
KAJARIACER 1836.00 2187.00 2413.00 2550.00 2711.00 2956.00
BERGEPAINT 3732.00 4170.00 4223.00 4552.00 5166.00 6062.00
ASIANPAINT 12220.00 13615.00 14271.00 15062.00 16825.00 19342.00
AKZOINDIA 2640.00 2572.00 2719.00 2918.00
Total 5227.00 5869.25 5462.80 5757.80 6415.80 7340.40

Financial

LAST FISCAL CURRENT GROWTH 10 YEAR CAGR
S.NO. COMPANY NAME MARKET CAP CMP BOOK VALUE EPS STOCK P/E ROE ICR REVENUE NET PROFIT NPM REVENUE NET PROFIT REVENUE NET PROFIT
1 ASIAN PAINTS LTD. 212681.02 2217.35 98.23 22.51 83.25 22.49 63.04% 19342.00 2159.00 11.16% 14.96% 5.89% 13.91% 18.42%
2 ASIAN GRANITO INDIA LTD. 36163.92 119.90 137.54 6.94 32.61 0.70 2.38% 1187.00 21.00 1.77% 2.68%
3 BERGER PAINTS INDIA LTD. 63022.52 648.40 25.55 5.13 114.75 5.13 27.53% 6062.00 498.00 8.22% 17.34% 8.03% 14.46% 19.62%
4 SHALIMAR PAINTS LTD.-$ 30218.42 55.65 52.25 288.00 6.27%
5 KANSAI NEROLAC PAINTS LTD. 28980.99 538.70 66.67 8.40 60.12 8.39 75.30% 5424.00 453.00 8.35% 16.44% 14.76% 15.96%
6 NITCO LTD. 10491.46 14.60 11.03 596.00
7 ORIENT BELL LIMITED-$ 7725.16 54.15 163.22 6.51 18.23 0.65 4.24% 571.14 9.28 1.62%
8 Akzo Nobel India Limited 9933.70 2160.00 242.86 46.27 44.67 4.59 85.50% 2918.00 211.00 7.23% 7.32% 13.05%
9 KAJARIA CERAMICS LTD. 10334.26 649.60 104.79 14.25 39.64 14.19 28.44% 2956.00 227.00 7.68% 9.04%
10 MURUDESHWAR CERAMICS LTD. 5637.83 11.95 71.48
11 Sheela Foam Ltd 7590.49 1541.60 154.79 27.42 56.46 5.58 20.90% 2066.00 134.00 6.49% 9.37%
12 CERA SANITARYWARE LTD. 4098.32 3145.00 559.98 88.52 29.67 4.26 22.00% 1352.00 115.00 8.51% 14.09% 11.65%
13 SOMANY CERAMICS LTD. 632.64 103.10 96.76 10.93 19.49 5.75 3.50% 1715.00 46.00 2.68% 0.12% 14.49% 17.72%
Sales

What is Sales Trend ?

Sales trend is a methodology to understand sales results which helps in understanding the trends of the market over a specific period of time. Sales results are an indicative of the sales patterns followed by the customer over a time period.

Profitability

What is Profit & EPS Trend ?

EPS Trends was initially built in late 2015 when I was just getting into frontend development. Coming from a background in Rails, I was frustrated with how many decisions you had to make early on as a javascript developer.

Net Profit
EPS

What is EBITDA Margin & EBIT Margin ?

Corporate accounting is required to adhere to the standards and practices collectively referred to as the generally accepted accounting principles. EBITDA is an excellent way for corporate accountants to start compiling data, but it should not be considered an absolute result. This is due to the fact that many consider EBITDA more of a broad stroke than a definitive form of accounting practice.

EBITDA Margin
EBIT Margin
NPM
Cash Flow

Why is the Cash Flow Analysis important?

A business needs cash to pay its expenses, to pay bank loans, to pay taxes and to purchase new assets. A cash flow report determines whether a business has enough cash to do exactly this.

Operating Activities
Financing Activities
Investing Activities
Financial Health

What Is Financial Health?

Financial health is a term used to describe the state of one's personal monetary affairs. There are many dimensions to financial health, including the amount of savings you have, how much you’re putting away for retirement, and how much of your income you are spending on fixed or non-discretionary expenses.

Debt to Equity
Piotroski Score
  • 0
  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9

What Is the Piotroski Score?

The Piotroski score is a discrete score between 0-9 that reflects nine criteria used to determine the strength of a firm's financial position.

Altman Z Score (Mfg Company)
  • Distress (< 1.81)
  • Caution (>1.81 < 2.99)
  • 5.71
    Safe (3 & above)
Altman Z Score (Non-Mfg Company)
  • Distress ( < 1.23)
  • Caution (>1.23 < 2.6)
  • 9.84
    Safe (2.6 & above)
Valuation

What Is Valuation?

Valuation is the analytical process of determining the current (or projected) worth of an asset or a company. There are many techniques used for doing a valuation. An analyst placing a value on a company looks at the business's management, the composition of its capital structure, the prospect of future earnings, and the market value of its assets, among other metrics.

What is the significance of Rollover data?

Rollover in an important data point and should be analyzed in the expiry week. Rollover involves carry forwarding of ‘futures’ positions from one series (which is nearing expiry date) to the next one.

Rollover percentage actually indicates whether the traders are willing to carry forward their existing. positions (long or short) to the next series or not. Generally, the rollover figures alone will not indicate which direction traders are betting on. You should also check whether absolute open interest is increasing or decreasing over expiries

What is Options Max Pain Theory?

Options Max Pain Theory suggests,

“On option expiration day, the underlying stock price often moves toward a point that brings maximum loss to option buyers.”

Ratio Analysis

The Bank was incorporated in the year 2004 by Rana Kapoor and Late Ashok Kapur, which is a new age private sector bank. And since the inception of the bank has fructified into a “Full-Service Commercial Bank,” it has steadily built Corporate and Institutional Banking, Financial Markets, Investment Banking, Corporate Finance, Branch Banking, Business and Transaction Banking, and Wealth Management business lines across the whole country.

It is well-equipped to offer a spectrum of products and services to all the corporate and retail customers.

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Bulk Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
KANSAINER 2008-11-25 ARISAIG INDIA FUND LIMITED S 442373.00 350.00
KANSAINER 2008-11-25 BAJAJ ALLIANZ LIFE INSURANCE COMPANY LIMITED P 442000.00 350.00
KANSAINER 2006-04-18 NOMURA ASSET MANAGEMENT S 211742.00 890.00
KANSAINER 2005-05-18 ABERDEEN ASSET MANAGEMENT P 278148.00 585.00
KANSAINER 2005-05-18 HDFC TRUSTEE COMPANY LTD S 278547.00 585.00
KANSAINER 2004-11-24 HDFC TRUSTEE CO. LTD HDFC P 319852.00 341.62
KANSAINER 2004-11-24 HDFC MUTUAL FUND HDFC COR S 207752.00 339.25
KANSAINER 2004-09-23 HDFC MF HDFC GROWTH F S 100000.00 306.00
KANSAINER 2004-09-23 HDFC TRUSTEE CO LTD HDFC P 100000.00 306.00
Block Deals
Symbol Name Deal Date Client Name Transcation Type Quantity Price
KANSAINER 2016-02-15 NEW INDIA INVESTMENT COMPANY MAURITIUS LIMITED S 2186640.00 267.85
KANSAINER 2016-02-15 NEW INDIA INVESTMENT TRUST PLC P 2186640.00 267.85
Dividend history
Ex Date Amount
2019-06-13 2.60
2018-06-13 2.60
2017-06-13 2.50
2017-06-13 0.50
2016-06-14 1.80
2016-06-14 1.25
2015-06-26 1.40
2014-06-11 11.00
2013-06-07 11.00
2012-06-08 11.00
2011-06-02 10.00
2010-05-12 15.00
2009-06-22 12.00
2008-06-20 12.00
2001-07-19 6.50
Bonus Data
Company Name Split Date From Value To Value
KANSAI NEROLAC PAINTS LTD. 2010-06-23 1.00 1.00
Split Data
Company Name Split Date From Value To Value
KANSAI NEROLAC PAINTS LTD. 2015-03-26 10.00 1.00