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- ASIAN PAINTS - KANSAI NEROLAC
ASIAN PAINTS vs KANSAI NEROLAC - Comparison Results
ASIAN PAINTS Change
Asian Paints is the leader in the Indian paint industry. Through a 50:50 joint venture with PPG Industries, US, the company also has presence in the automotive paints segment. In FY12, the company announced its plan forming a new 50:50 joint venture ... More
KANSAI NEROLAC 
Kansai Nerolac Limited (KNL) is the second largest coating company in India and a market leader in the area of industrial coatings. The latter services clients in the automotive, powder, general Industrial and high performance coatings space. KNL is ... More
Current Valuations
| ASIAN PAINTS | KANSAI NEROLAC | ASIAN PAINTS/ KANSAI NEROLAC |
|||
|---|---|---|---|---|---|
| P/E (TTM) | x | 70.6 | 54.8 | 129.0% | View Chart |
| P/BV | x | 16.9 | 7.6 | 221.1% | View Chart |
| Dividend Yield | % | 0.6 | 0.5 | 116.6% |
Financials
 ASIAN PAINTS  KANSAI NEROLAC |
| EQUITY SHARE DATA | |||||
|---|---|---|---|---|---|
| ASIAN PAINTS Mar-19 |
KANSAI NEROLAC Mar-19 |
ASIAN PAINTS/ KANSAI NEROLAC |
5-Yr Chart Click to enlarge
|
||
| High | Rs | 1,508 | 540 | 279.3% | |
| Low | Rs | 1,113 | 343 | 324.4% | |
| Sales per share (Unadj.) | Rs | 201.6 | 100.7 | 200.3% | |
| Earnings per share (Unadj.) | Rs | 23.1 | 8.3 | 277.6% | |
| Cash flow per share (Unadj.) | Rs | 27.5 | 10.3 | 268.0% | |
| Dividends per share (Unadj.) | Rs | 10.50 | 2.60 | 403.8% | |
| Dividend yield (eoy) | % | 0.8 | 0.6 | 136.1% | |
| Book value per share (Unadj.) | Rs | 99.2 | 63.4 | 156.6% | |
| Shares outstanding (eoy) | m | 959.20 | 538.90 | 178.0% | |
| Bonus/Rights/Conversions | - | - | - | ||
| Price / Sales ratio | x | 6.5 | 4.4 | 148.1% | |
| Avg P/E ratio | x | 56.8 | 53.1 | 106.9% | |
| P/CF ratio (eoy) | x | 47.6 | 42.9 | 110.7% | |
| Price / Book Value ratio | x | 13.2 | 7.0 | 189.6% | |
| Dividend payout | % | 45.5 | 31.3 | 145.5% | |
| Avg Mkt Cap | Rs m | 1,256,840 | 237,924 | 528.3% | |
| No. of employees | `000 | 6.5 | 3.0 | 215.4% | |
| Total wages/salary | Rs m | 12,700 | 2,834 | 448.1% | |
| Avg. sales/employee | Rs Th | 29,959.0 | 18,099.2 | 165.5% | |
| Avg. wages/employee | Rs Th | 1,967.2 | 945.6 | 208.0% | |
| Avg. net profit/employee | Rs Th | 3,426.1 | 1,493.8 | 229.4% | |
| INCOME DATA | |||||
|---|---|---|---|---|---|
| Net Sales | Rs m | 193,415 | 54,243 | 356.6% | |
| Other income | Rs m | 2,271 | 605 | 375.2% | |
| Total revenues | Rs m | 195,686 | 54,848 | 356.8% | |
| Gross profit | Rs m | 35,245 | 7,526 | 468.3% | |
| Depreciation | Rs m | 4,307 | 1,063 | 405.1% | |
| Interest | Rs m | 510 | 100 | 510.0% | |
| Profit before tax | Rs m | 32,699 | 6,968 | 469.3% | |
| Minority Interest | Rs m | 408 | 0 | - | |
| Prior Period Items | Rs m | 0 | 0 | - | |
| Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
| Tax | Rs m | 10,988 | 2,491 | 441.1% | |
| Profit after tax | Rs m | 22,119 | 4,477 | 494.1% | |
| Gross profit margin | % | 18.2 | 13.9 | 131.3% | |
| Effective tax rate | % | 33.6 | 35.7 | 94.0% | |
| Net profit margin | % | 11.4 | 8.3 | 138.6% | |
| BALANCE SHEET DATA | |||||
|---|---|---|---|---|---|
| Current assets | Rs m | 76,341 | 23,204 | 329.0% | |
| Current liabilities | Rs m | 50,289 | 9,504 | 529.1% | |
| Net working cap to sales | % | 13.5 | 25.3 | 53.3% | |
| Current ratio | x | 1.5 | 2.4 | 62.2% | |
| Inventory Days | Days | 59 | 75 | 79.5% | |
| Debtors Days | Days | 36 | 51 | 70.8% | |
| Net fixed assets | Rs m | 60,609 | 17,814 | 340.2% | |
| Share capital | Rs m | 959 | 539 | 178.0% | |
| "Free" reserves | Rs m | 94,238 | 33,624 | 280.3% | |
| Net worth | Rs m | 95,197 | 34,163 | 278.7% | |
| Long term debt | Rs m | 195 | 44 | 447.8% | |
| Total assets | Rs m | 156,613 | 45,179 | 346.7% | |
| Interest coverage | x | 65.1 | 70.7 | 92.1% | |
| Debt to equity ratio | x | 0 | 0 | 160.7% | |
| Sales to assets ratio | x | 1.2 | 1.2 | 102.9% | |
| Return on assets | % | 14.4 | 10.1 | 142.6% | |
| Return on equity | % | 23.2 | 13.1 | 177.3% | |
| Return on capital | % | 35.2 | 20.7 | 170.6% | |
| Exports to sales | % | 0 | 0 | - | |
| Imports to sales | % | 0 | 0 | - | |
| Exports (fob) | Rs m | NA | NA | - | |
| Imports (cif) | Rs m | NA | NA | - | |
| Fx inflow | Rs m | 1,473 | 78 | 1,879.0% | |
| Fx outflow | Rs m | 27,570 | 12,104 | 227.8% | |
| Net fx | Rs m | -26,097 | -12,025 | 217.0% | |
| CASH FLOW | |||||
|---|---|---|---|---|---|
| From Operations | Rs m | 22,143 | 999 | 2,216.0% | |
| From Investments | Rs m | -9,237 | 885 | -1,044.3% | |
| From Financial Activity | Rs m | -8,830 | -2,229 | 396.1% | |
| Net Cashflow | Rs m | 4,343 | -345 | -1,258.1% | |
Share Holding
| Indian Promoters | % | 52.8 | 0.0 | - | |
| Foreign collaborators | % | 0.0 | 69.3 | - | |
| Indian inst/Mut Fund | % | 8.8 | 6.0 | 146.7% | |
| FIIs | % | 18.1 | 9.7 | 186.6% | |
| ADR/GDR | % | 0.0 | 0.0 | - | |
| Free float | % | 20.3 | 15.0 | 135.3% | |
| Shareholders | 147,143 | 16,881 | 871.6% | ||
| Pledged promoter(s) holding | % | 13.8 | 0.0 | - |
Compare ASIAN PAINTS With: ASAHI SONGWON SHALIMAR PAINTS BERGER PAINTS AKZO NOBEL
Compare ASIAN PAINTS With: PPG IND. (US) AKZO NOBEL (Netherland)
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Related Views on News
KANSAI NEROLAC Announces Quarterly Results (1QFY20); Net Profit Up 5.8% (Quarterly Result Update)
Jul 31, 2019 | Updated on Jul 31, 2019For the quarter ended June 2019, KANSAI NEROLAC has posted a net profit of Rs 1 bn (up 5.8% YoY). Sales on the other hand came in at Rs 15 bn (up 7.1% YoY). Read on for a complete analysis of KANSAI NEROLAC's quarterly results.
ASIAN PAINTS Announces Quarterly Results (1QFY20); Net Profit Up 17.9% (Quarterly Result Update)
Jul 24, 2019 | Updated on Jul 24, 2019For the quarter ended June 2019, ASIAN PAINTS has posted a net profit of Rs 7 bn (up 17.9% YoY). Sales on the other hand came in at Rs 51 bn (up 16.6% YoY). Read on for a complete analysis of ASIAN PAINTS's quarterly results.
ASIAN PAINTS 2018-19 Annual Report Analysis (Annual Result Update)
May 30, 2019 | Updated on May 30, 2019Here's an analysis of the annual report of ASIAN PAINTS for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of ASIAN PAINTS. Also includes updates on the valuation of ASIAN PAINTS.
KANSAI NEROLAC 2018-19 Annual Report Analysis (Annual Result Update)
May 30, 2019 | Updated on May 30, 2019Here's an analysis of the annual report of KANSAI NEROLAC for 2018-19. It includes a full income statement, balance sheet and cash flow analysis of KANSAI NEROLAC. Also includes updates on the valuation of KANSAI NEROLAC.
ASIAN PAINTS Announces Quarterly Results (4QFY19); Net Profit Down 1.9% (Quarterly Result Update)
May 10, 2019 | Updated on May 10, 2019For the quarter ended March 2019, ASIAN PAINTS has posted a net profit of Rs 5 bn (down 1.9% YoY). Sales on the other hand came in at Rs 50 bn (up 11.7% YoY). Read on for a complete analysis of ASIAN PAINTS's quarterly results.
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