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KANSAI NEROLAC vs ASIAN PAINTS - Comparison Results

Rs 100 invested in...

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Current Valuations

    KANSAI NEROLAC ASIAN PAINTS KANSAI NEROLAC/
ASIAN PAINTS
 
P/E (TTM) x 18.3 50.5 36.3% View Chart
P/BV x 4.7 17.1 27.4% View Chart
Dividend Yield % 1.0 0.9 114.2%  

Financials

 KANSAI NEROLAC   ASIAN PAINTS
EQUITY SHARE DATA
    KANSAI NEROLAC
Mar-23
ASIAN PAINTS
Mar-23
KANSAI NEROLAC/
ASIAN PAINTS
5-Yr Chart
Click to enlarge
High Rs5363,590 14.9%   
Low Rs3582,560 14.0%   
Sales per share (Unadj.) Rs140.0359.6 38.9%  
Earnings per share (Unadj.) Rs8.743.7 19.9%  
Cash flow per share (Unadj.) Rs12.052.7 22.8%  
Dividends per share (Unadj.) Rs2.7025.65 10.5%  
Avg Dividend yield %0.60.8 72.4%  
Book value per share (Unadj.) Rs84.1166.4 50.5%  
Shares outstanding (eoy) m538.92959.20 56.2%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x3.28.6 37.3%   
Avg P/E ratio x51.470.3 73.1%  
P/CF ratio (eoy) x37.158.4 63.6%  
Price / Book Value ratio x5.318.5 28.8%  
Dividend payout %31.158.6 53.0%   
Avg Mkt Cap Rs m240,8842,949,653 8.2%   
No. of employees `000NANA-   
Total wages/salary Rs m3,77120,281 18.6%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m75,427344,886 21.9%  
Other income Rs m2603,865 6.7%   
Total revenues Rs m75,687348,751 21.7%   
Gross profit Rs m8,18063,048 13.0%  
Depreciation Rs m1,8018,580 21.0%   
Interest Rs m2901,445 20.1%   
Profit before tax Rs m6,34956,888 11.2%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m1,66414,935 11.1%   
Profit after tax Rs m4,68541,953 11.2%  
Gross profit margin %10.818.3 59.3%  
Effective tax rate %26.226.3 99.8%   
Net profit margin %6.212.2 51.1%  
BALANCE SHEET DATA
Current assets Rs m38,031165,352 23.0%   
Current liabilities Rs m15,06778,959 19.1%   
Net working cap to sales %30.425.0 121.5%  
Current ratio x2.52.1 120.5%  
Inventory Days Days3855 69.3%  
Debtors Days Days65 122.1%  
Net fixed assets Rs m25,03292,442 27.1%   
Share capital Rs m539959 56.2%   
"Free" reserves Rs m44,761158,695 28.2%   
Net worth Rs m45,300159,655 28.4%   
Long term debt Rs m47762 6.2%   
Total assets Rs m63,064257,793 24.5%  
Interest coverage x22.940.4 56.7%   
Debt to equity ratio x00 21.7%  
Sales to assets ratio x1.21.3 89.4%   
Return on assets %7.916.8 46.9%  
Return on equity %10.326.3 39.4%  
Return on capital %14.636.4 40.3%  
Exports to sales %0.10.5 25.7%   
Imports to sales %17.412.8 135.9%   
Exports (fob) Rs m1061,893 5.6%   
Imports (cif) Rs m13,15144,244 29.7%   
Fx inflow Rs m1061,893 5.6%   
Fx outflow Rs m13,15144,244 29.7%   
Net fx Rs m-13,045-42,352 30.8%   
CASH FLOW
From Operations Rs m4,08341,934 9.7%  
From Investments Rs m-2,269-12,746 17.8%  
From Financial Activity Rs m-1,326-21,401 6.2%  
Net Cashflow Rs m4877,710 6.3%  

Share Holding

Indian Promoters % 0.0 52.6 -  
Foreign collaborators % 75.0 0.0 -  
Indian inst/Mut Fund % 16.1 27.9 57.8%  
FIIs % 4.3 17.3 24.7%  
ADR/GDR % 0.0 0.0 -  
Free float % 25.0 47.4 52.8%  
Shareholders   114,047 975,319 11.7%  
Pledged promoter(s) holding % 0.0 6.6 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare KANSAI NEROLAC With:   BERGER PAINTS    INDIGO PAINTS    AKZO NOBEL    


More on Kansai Nerolac vs Asian Paints

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

Kansai Nerolac vs Asian Paints Share Price Performance

Period Kansai Nerolac Asian Paints
1-Day -0.85% 0.56%
1-Month -10.16% 1.87%
1-Year 1.94% 2.24%
3-Year CAGR -12.73% 3.36%
5-Year CAGR -2.71% 13.75%

* Compound Annual Growth Rate

Here are more details on the Kansai Nerolac share price and the Asian Paints share price.

Moving on to shareholding structures...

The promoters of Kansai Nerolac hold a 75.0% stake in the company. In case of Asian Paints the stake stands at 52.6%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of Kansai Nerolac and the shareholding pattern of Asian Paints.

Finally, a word on dividends...

In the most recent financial year, Kansai Nerolac paid a dividend of Rs 2.7 per share. This amounted to a Dividend Payout ratio of 31.1%.

Asian Paints paid Rs 25.7, and its dividend payout ratio stood at 58.6%.

You may visit here to review the dividend history of Kansai Nerolac, and the dividend history of Asian Paints.

For a sector overview, read our paints sector report.



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