What is Kansai Nerolac Paints Ltd (KANSAINER) share price return in the past 10 years?

Kansai Nerolac Paints Ltd share price has appreciated 0.8% annually (CAGR) over the past ten years.

What is the share price of Kansai Nerolac Paints Ltd (KANSAINER)?

Company share prices are keep on changing according to the market conditions. The current trading price of Kansai Nerolac Paints Ltd (KANSAINER) on 09-Jun-2026 09:26:00 at 09:26 is 211.05.

What is the P/E ratio of Kansai Nerolac Paints?

The latest standalone P/E ratio of Kansai Nerolac Paints as of 09-Jun-2026 is 27.54.

What is the P/B ratio of Kansai Nerolac Paints Ltd (KANSAINER)?

The latest standalone P/B ratio of Kansai Nerolac Paints Ltd (KANSAINER) as of 09-Jun-2026 is 2.55.

What is the 52-week high and low of Kansai Nerolac Paints Ltd (KANSAINER)?

The 52-week high of Kansai Nerolac Paints Ltd (KANSAINER) is Rs. 262.00 and the 52-week low is Rs. 158.00.

Kansai Nerolac Paints Ltd (KANSAINER) Share Analysis – Quality, Valuation Zone & Price Trend & DeciZen Rating

Name: Kansai Nerolac Paints Ltd (KANSAINER)
Brand: Kansai Nerolac Paints

Key Metrics

Valuation Multiples

Market Cap

₹17,072 Cr.

Current Price

₹211.1

52-Week Low / High

₹158 / 262

TTM EPS

₹7.7

TTM Sales

₹7,739 Cr.

Book Value per Share

₹82.8

P/E Ratio

27.54

Lower than its 5-year historical median

Industry PE

43.4

Price to Book (P/B)

2.55

Lower than its 5-year historical median

Price to Sales (P/S)

2.21

Lower than its 5-year historical median

EV/EBITDA

14.82

Lower than its 5-year historical median

Dividend Yield

1.61%

Profitability Efficiency

Return on Equity (ROE)

17.03%

Outperforms industry median

Return on Capital Employed (ROCE)

23.32%

Outperforms industry median

Return on Assets (ROA)

13.44%

Operating Profit Margin

13%

Net Profit Margin

13.62%

Gross Profit Margin

13.2%

Growth Momentum
1-yr vs 3-yr growth

Sales Growth (1 Year)

Slowing versus 3-year growth rate

1.4%

Operating Profit Growth (1 Year)

Slowing versus 3-year growth rate

-4.77%

Net Profit Growth (1 Year)

Slowing versus 3-year growth rate

-13.66%

Asset Quality

Promoter Holding

74.96%

Pledged shares (%) of Promoter's holding (%)

0.00%

Reserves

₹6,615 Cr.

Equity

₹80.9 Cr.

Face Value

₹1

All Time Low / High

₹1.45 / 453.07

Kansai Nerolac Paints stock performance

Key Ratios

Check Before You Invest

Quality

Very Good

Check detailed performance

Valuation

Undervalued

Check Valuation charts

Price Trend

Semi Strong

Check Price chart

Q.1 Is Kansai Nerolac Paints Ltd a good quality company?

Kansai Nerolac Paints Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

How does Kansai Nerolac Paints Ltd performance compare with that of its Peers?

Q.1 Revenue growth of Kansai Nerolac Paints Ltd vs industry peers?

Kansai Nerolac Paints Ltd revenue CAGR is 8.69%, compared to the industry median CAGR of 11.74%, indicating slower growth and losing its market share.

Q.1 Promoter shareholding and pledge status of Kansai Nerolac Paints Ltd?

Promoters hold 74.96% of the Kansai Nerolac Paints Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Q.1 Stock return of Kansai Nerolac Paints Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 1.2% based on the current price.

DeciZen - make an informed investing decision on Kansai Nerolac Paint

Standalone basis

1. Right Stock

10 Year X-ray Pro

Long Term Prospect

2. Right Price

Price Chart

3. Right Time ⓘ

#Likely Future 5 Year CAGR.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	51.4%	28.2%	26.3%	21.7%	19.1%	18.4%	12.5%	15%	30.8%	23.3%	-
Value Creation Index ⓘ	2.8	1.1	1.3	0.9	0.7	0.6	0.1	0.3	1.7	0.7	-
Growth Parameters ⓘ
Sales ⓘ	3,739	3,999	4,587	5,174	4,943	4,771	5,949	7,081	7,393	7,497	7,739
Sales YoY Gr.	-	7%	14.7%	12.8%	-4.5%	-3.5%	24.7%	19%	4.4%	1.4%	-
Adj EPS ⓘ	6.4	5.7	6	5.5	6.5	6.4	4.5	5.9	8.6	7.9	7.7
YoY Gr.	-	-12.1%	6.4%	-9.3%	19.8%	-1.4%	-30%	30.2%	45.8%	-8.1%	-
BVPS (₹) ⓘ	31	34.7	38.7	42.4	46.9	50.4	51.6	57	69.7	78.6	82.8
Adj Net Profit ⓘ	520	456	485	441	528	520	365	475	692	636	619
Cash Flow from Ops. ⓘ	390	345	377	110	621	655	59.1	386	895	647	-
Debt/CF from Ops. ⓘ	0.1	0.1	0.1	0.1	0	0	0	0	0	0	-

CAGR ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8%	8.7%	8%	1.4%
Adj EPS ⓘ	2.3%	3.8%	20.4%	-8.1%
BVPSⓘ	10.9%	10.9%	15.1%	12.7%
Share Price	0.8%	-11.7%	-10%	-15.6%

Key Financial Parameters ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	25.4	17.2	16.4	13.5	14.6	13.2	8.8	10.8	13.5	10.6	9.5
Op. Profit Mgn % ⓘ	15.5	18.3	17.2	14.3	15.8	17.7	10.9	11.2	13.8	13	12.7
Net Profit Mgn % ⓘ	13.9	11.4	10.6	8.5	10.7	10.9	6.1	6.7	9.4	8.5	8
Debt to Equity ⓘ	0	0	0	0	0	0	0	0	0	0	0
Working Cap Days ⓘ	94	108	124	132	146	153	146	142	145	147	131
Cash Conv. Cycle ⓘ	34	25	37	49	59	60	65	71	72	73	97

Profit And Loss

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	3,739	3,999	4,587	5,174	4,943	4,771	5,949	7,081	7,393	7,497
Operating Expenses ⓘ +	3,159	3,269	3,797	4,432	4,162	3,927	5,302	6,287	6,370	6,523
Manufacturing Costs	373	395	459	525	448	456	603	658	638	645
Material Costs	2,090	2,071	2,447	2,926	2,728	2,605	3,644	4,440	4,289	4,370
Employee Cost	157	182	210	238	269	269	312	334	402	447
Other Costs ⓘ	539	621	681	743	716	598	742	856	1,041	1,061
Operating Profit ⓘ	579	730	790	742	782	844	647	794	1,023	974
Operating Profit Margin (%)	15.5%	18.2%	17.2%	14.3%	15.8%	17.7%	10.9%	11.2%	13.8%	13.0%
Other Income ⓘ +	27	98	72	62	27	39	33	31	93	142
Exceptional Items ⓘ	535	0	0	0	0	-11	-11	0	642	479
Interest ⓘ	0	0	0	0	5	8	10	10	12	15
Depreciation ⓘ	67	69	76	90	120	149	154	165	180	194
Profit Before Tax ⓘ	1,075	759	786	713	684	714	505	650	1,566	1,387
Tax ⓘ	176	253	270	246	148	183	131	164	383	365
Profit After Tax	899	506	516	467	535	531	374	486	1,183	1,021
PAT Margin (%)	24.0%	12.7%	11.3%	9.0%	10.8%	11.1%	6.3%	6.9%	16.0%	13.6%
Adjusted EPS (₹)	11.1	6.3	6.4	5.8	6.6	6.6	4.6	6.0	14.6	12.6
Dividend Payout Ratio (%)	18.30%	32%	27.10%	30%	31.70%	53.30%	32.40%	29.90%	25.60%	29.70%

Valuation of Kansai Nerolac Paint - Standalone

YTD 1Y 3Y 5Y 10Y Max

Analyst's Notes

No data found!

Balance Sheet

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	2,503	2,805	3,125	3,424	3,787	4,077	4,171	4,604	5,637	6,354
Share Capital ⓘ	54	54	54	54	54	54	54	54	81	81
Reserves ⓘ	2,449	2,751	3,071	3,371	3,733	4,023	4,117	4,550	5,556	6,273
Debt +	29	18	10	3	0	8	0	0	0	0
Long Term Debt	29	18	10	3	0	0	0	0	0	0
Short Term Debt	0	0	0	0	0	8	0	0	0	0
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	543	550	684	632	520	823	890	938	980	1,024
Others Liabilities ⓘ	136	224	249	246	286	330	334	534	607	592
Total Liabilities ⓘ	3,211	3,597	4,068	4,306	4,592	5,238	5,396	6,075	7,225	7,969
Fixed Assets
Net Fixed Assets ⓘ +	926	946	1,006	1,316	1,708	1,777	1,876	1,995	2,074	2,160
Gross Block	1,481	1,570	1,704	2,103	2,615	2,846	3,080	3,349	3,570	3,821
Accumulated Depreciation	555	624	698	788	906	1,069	1,204	1,354	1,497	1,661
CWIP ⓘ	42	142	343	315	164	206	224	113	152	226
Investments ⓘ	547	553	546	304	455	770	300	653	1,459	1,907
Inventories	572	691	806	1,053	930	1,112	1,532	1,648	1,616	1,610
Trade Receivables	525	572	676	674	675	847	965	1,117	1,215	1,275
Cash Equivalents	478	250	361	81	166	83	81	95	230	260
Others Assets ⓘ	122	443	330	563	494	444	418	455	479	532
Total Assets ⓘ	3,211	3,597	4,068	4,306	4,592	5,238	5,396	6,075	7,225	7,969

Cash Flow

(All Figures are in Crores.)

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	390	345	377	110	621	655	59	386	895	647
PBT ⓘ	1,075	759	786	713	684	714	505	650	1,566	1,387
Adjustment ⓘ	-489	-9	18	40	108	145	111	158	-509	-388
Changes in Working Capital ⓘ	52	-181	-154	-345	-15	-56	-407	-246	68	-97
Tax Paid ⓘ	-249	-224	-273	-298	-156	-149	-151	-176	-230	-254
Cash Flow From Investing Activity ⓘ +	145	-567	-155	86	-344	-465	251	-274	-636	-372
Capex	451	-204	-333	-523	-217	-98	-214	52	377	285
Net Investments	-320	-359	159	672	-90	-349	461	-267	-823	-566
Others ⓘ	15	-3	19	-64	-37	-19	4	-58	-190	-91
Cash Flow From Financing Activity ⓘ +	-91	-212	-206	-178	-192	-276	-324	-89	-187	-352
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	-13	-10	-9	-6	0	0	0	0	0
Interest Paid ⓘ	0	0	0	0	0	-1	-0	0	0	0
Dividend Paid ⓘ	-75	-164	-162	-140	-140	-237	-283	-54	-146	-303
Others ⓘ	-16	-34	-34	-29	-46	-37	-41	-35	-42	-49
Net Cash Flow ⓘ	444	-433	17	18	85	-86	-14	24	72	-77

Financial Ratio

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	43.85	19.06	17.42	14.27	14.85	13.49	9.08	11.09	23.1	17.03
ROCE (%)	51.4	28.24	26.31	21.69	19.06	18.35	12.48	15.04	30.76	23.32
Asset Turnover Ratio	1.66	1.45	1.36	1.36	1.23	1.09	1.25	1.38	1.24	1.1
PAT to CFO Conversion(x)	0.43	0.68	0.73	0.24	1.16	1.23	0.16	0.79	0.76	0.63
Working Capital Days
Receivable Days	40.50	40.50	43.80	43.40	44.90	51.80	49.70	48.10	51.80	54.40
Inventory Days	44.10	46.70	52.60	59.70	66	69.60	72.50	73.50	72.50	70.50
Payable Days	75.60	96.30	92	82.10	77	94.10	85.80	72.90	76.90	75.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kansai Nerolac Paints Ltd FAQs

The current trading price of Kansai Nerolac Paint on 09-Jun-2026 09:26 is ₹211.1.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 08-Jun-2026 the market cap of Kansai Nerolac Paint stood at ₹17,072 Cr

The latest P/E ratio of Kansai Nerolac Paint as of 08-Jun-2026 is 27.54.

The latest P/B ratio of Kansai Nerolac Paint as of 08-Jun-2026 is 2.55.

The 52-week high of Kansai Nerolac Paint is ₹262.0 and the 52-week low is ₹158.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Kansai Nerolac Paint is ₹7,739 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Kansai Nerolac Paints Ltd is a good quality company.

The key valuation ratios of Kansai Nerolac Paints Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Kansai Nerolac Paints Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Kansai Nerolac Paints Ltd

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.

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SEBI Registration Number:	INA000013323 Validity – May 16, 2019 – Perpetual
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Kansai Nerolac Paints Ltd (KANSAINER)

Kansai Nerolac Paints Ltd (KANSAINER)

Kansai Nerolac Paints stock performance

Check Before You Invest

Quality

Valuation

Price Trend

DeciZen - make an informed investing decision on Kansai Nerolac Paint

1. Right Stock

2. Right Price

3. Right Time ⓘ

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Value Creation ⓘ

Growth Parameters ⓘ

CAGR ⓘ

Key Financial Parameters ⓘ

Profit And Loss

Valuation of Kansai Nerolac Paint - Standalone

Price Calculator

Price Chart

Price to Earnings

Price to Sales

Price to Book

EV to EBITDA

Dividend History

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

Balance Sheet

Equity and Liabilities

Fixed Assets

Cash Flow

Financial Ratio

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Kansai Nerolac Paints Ltd FAQs

What is the share price of Kansai Nerolac Paint?

What is the market cap of Kansai Nerolac Paint?

What is the P/E ratio of Kansai Nerolac Paint?

What is the P/B ratio of Kansai Nerolac Paint?

What is the 52-week high and low of Kansai Nerolac Paint?

What is the TTM revenue of Kansai Nerolac Paint?

Is Kansai Nerolac Paints Ltd a good quality company?

Is Kansai Nerolac Paints Ltd undervalued or overvalued?

Is Kansai Nerolac Paints Ltd a good buy now?

About Kansai Nerolac Paints Ltd

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