X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2019 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Compare Asian Paints with Kansai Nerolac - Equitymaster

Helping You Build Wealth With Honest Research
Since 1996. Try Now

  • MyStocks

MEMBER'S LOGINX

     
Login Failure
   
     
   
     
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

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 
   Change

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

DO YOU LIKE THESE REPORTS? TELL US!

Current Valuations

    ASIAN PAINTS KANSAI NEROLAC ASIAN PAINTS/
KANSAI NEROLAC
 
P/E (TTM) x 64.0 51.7 123.9% View Chart
P/BV x 16.6 7.9 209.4% View Chart
Dividend Yield % 0.6 0.6 105.9%  

Financials

 ASIAN PAINTS   KANSAI NEROLAC
EQUITY SHARE DATA
    ASIAN PAINTS
Mar-18
KANSAI NEROLAC
Mar-18
ASIAN PAINTS/
KANSAI NEROLAC
5-Yr Chart
Click to enlarge
High Rs1,261608 207.5%   
Low Rs1,034372 277.9%   
Sales per share (Unadj.) Rs175.486.4 202.9%  
Earnings per share (Unadj.) Rs21.19.5 221.7%  
Cash flow per share (Unadj.) Rs24.911.0 227.0%  
Dividends per share (Unadj.) Rs8.702.60 334.6%  
Dividend yield (eoy) %0.80.5 142.9%  
Book value per share (Unadj.) Rs87.758.1 150.8%  
Shares outstanding (eoy) m959.20538.90 178.0%   
Bonus/Rights/Conversions ---  
Price / Sales ratio x6.55.7 115.4%   
Avg P/E ratio x54.351.4 105.6%  
P/CF ratio (eoy) x46.144.7 103.2%  
Price / Book Value ratio x13.18.4 155.3%  
Dividend payout %41.227.3 150.9%   
Avg Mkt Cap Rs m1,100,778264,061 416.9%   
No. of employees `0006.22.9 218.0%   
Total wages/salary Rs m11,1552,351 474.5%   
Avg. sales/employee Rs Th26,971.116,281.4 165.7%   
Avg. wages/employee Rs Th1,788.2821.7 217.6%   
Avg. net profit/employee Rs Th3,250.31,795.9 181.0%   
INCOME DATA
Net Sales Rs m168,24646,581 361.2%  
Other income Rs m2,206709 311.1%   
Total revenues Rs m170,45247,290 360.4%   
Gross profit Rs m31,9767,932 403.1%  
Depreciation Rs m3,605771 467.5%   
Interest Rs m3510-   
Profit before tax Rs m30,2277,870 384.1%   
Minority Interest Rs m4580-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m10,4102,732 381.0%   
Profit after tax Rs m20,2755,138 394.6%  
Gross profit margin %19.017.0 111.6%  
Effective tax rate %34.434.7 99.2%   
Net profit margin %12.111.0 109.3%  
BALANCE SHEET DATA
Current assets Rs m69,14125,850 267.5%   
Current liabilities Rs m44,5118,900 500.1%   
Net working cap to sales %14.636.4 40.2%  
Current ratio x1.62.9 53.5%  
Inventory Days Days5865 88.8%  
Debtors Days Days3855 68.2%  
Net fixed assets Rs m51,37413,815 371.9%   
Share capital Rs m959539 178.0%   
"Free" reserves Rs m83,14330,784 270.1%   
Net worth Rs m84,10231,323 268.5%   
Long term debt Rs m28397 291.8%   
Total assets Rs m137,83341,299 333.7%  
Interest coverage x87.2NM-  
Debt to equity ratio x00 108.7%  
Sales to assets ratio x1.21.1 108.2%   
Return on assets %15.012.4 120.3%  
Return on equity %24.116.4 147.0%  
Return on capital %36.825.0 146.8%  
Exports to sales %00.1 0.0%   
Imports to sales %023.4 0.0%   
Exports (fob) Rs mNA50 0.0%   
Imports (cif) Rs mNA10,921 0.0%   
Fx inflow Rs m1,47251 2,886.5%   
Fx outflow Rs m26,47410,921 242.4%   
Net fx Rs m-25,002-10,870 230.0%   
CASH FLOW
From Operations Rs m21,1343,593 588.2%  
From Investments Rs m-15,993-1,627 982.7%  
From Financial Activity Rs m-13,791-1,890 729.7%  
Net Cashflow Rs m-8,21876 -10,827.9%  

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 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare ASIAN PAINTS With:   SHALIMAR PAINTS  BERGER PAINTS  ASAHI SONGWON  AKZO NOBEL  

Compare ASIAN PAINTS With:   PPG IND. (US)  AKZO NOBEL (Netherland)  



Today's Market

Sensex Ends Marginally Higher; Realty and IT Stocks Witness Buying(Closing)

Indian share markets witnessed volatility during closing hours and ended their day marginally higher. Gains were largely seen in the realty sector and IT sector.

Related Views on News

KANSAI NEROLAC Announces Quarterly Results (3QFY19); Net Profit Down 9.9% (Quarterly Result Update)

Jan 30, 2019 | Updated on Jan 30, 2019

For the quarter ended December 2018, KANSAI NEROLAC has posted a net profit of Rs 1 bn (down 9.9% YoY). Sales on the other hand came in at Rs 13 bn (up 17.3% YoY). Read on for a complete analysis of KANSAI NEROLAC's quarterly results.

ASIAN PAINTS Announces Quarterly Results (3QFY19); Net Profit Up 14.7% (Quarterly Result Update)

Jan 24, 2019 | Updated on Jan 24, 2019

For the quarter ended December 2018, ASIAN PAINTS has posted a net profit of Rs 6 bn (up 14.7% YoY). Sales on the other hand came in at Rs 53 bn (up 24.1% YoY). Read on for a complete analysis of ASIAN PAINTS's quarterly results.

ASIAN PAINTS Announces Quarterly Results (2QFY19); Net Profit Down 2.6% (Quarterly Result Update)

Oct 25, 2018 | Updated on Oct 25, 2018

For the quarter ended September 2018, ASIAN PAINTS has posted a net profit of Rs 5 bn (down 2.6% YoY). Sales on the other hand came in at Rs 46 bn (up 8.5% YoY). Read on for a complete analysis of ASIAN PAINTS's quarterly results.

KANSAI NEROLAC Announces Quarterly Results (2QFY19); Net Profit Down 15.7% (Quarterly Result Update)

Oct 23, 2018 | Updated on Oct 23, 2018

For the quarter ended September 2018, KANSAI NEROLAC has posted a net profit of Rs 1 bn (down 15.7% YoY). Sales on the other hand came in at Rs 13 bn (up 10.7% YoY). Read on for a complete analysis of KANSAI NEROLAC's quarterly results.

ASIAN PAINTS 2017-18 Annual Report Analysis (Annual Result Update)

Aug 8, 2018 | Updated on Aug 8, 2018

Here's an analysis of the annual report of ASIAN PAINTS for 2017-18. It includes a full income statement, balance sheet and cash flow analysis of ASIAN PAINTS. Also includes updates on the valuation of ASIAN PAINTS.

More Views on News

Most Popular

Are You Ready for the Big Nifty Move in the March Expiry?(Profit Hunter)

Mar 8, 2019

History suggests the Nifty could make a big move in March. Are you prepared to benefit from this opportunity?

Smallcaps Are Rallying and You Need to Make the Most of It Now(Profit Hunter)

Mar 7, 2019

Did you just miss the smallcap rally? Or is there still time to catch up? Read on for answers and more...

The One Sector to Bet on Today as India Grows into a 10 Trillion Dollar Economy(The 5 Minute Wrapup)

Mar 7, 2019

India's defence sector is suddenly under the spotlight. Can this sector ride along India's long-term growth story?

Elections Don't Matter!(The Honest Truth)

Mar 13, 2019

Ajit Dayal shows us why from the point of view of the Indian economy, elections don't matter.

Two Growth Stocks that Doubled in a Little Over 12 Months!(The 5 Minute Wrapup)

Mar 13, 2019

The elements that fueled profit growth for these two companies led to a surge in their stock prices.

More

Get the Indian Stock Market's
Most Profitable Ideas

How To Beat Sensex Guide 2019
Get our special report, How to Beat Sensex Nearly 3X Now!
We will never sell or rent your email id.
Please read our Terms

ASIAN PAINTS SHARE PRICE


Mar 20, 2019 (Close)

TRACK ASIAN PAINTS

  • Track your investment in ASIAN PAINTS with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
  • Add To MyStocks

ASIAN PAINTS 8-QTR ANALYSIS

COMPARE ASIAN PAINTS WITH

MARKET STATS