K

Kansai Nerolac Paints Limited

KANSAINERNSE
Market snapshot · 2026-08-11 04:31 UTC

216.31

+₹0.66 (+0.31%)

MARKET CAP

₹17.49K Cr

STOCK P/E

28.7x

52W HIGH

₹264.00

52W LOW

₹157.91

BOOK VALUE

₹83.02

EPS

₹7.53

ROE

SECTOR

Materials

DEBT/EQUITY

4.53

VOLUME

88,907

P/B RATIO

2.61x

PEG RATIO

5.99

Sector

Materials

Themes

Paints
D
Dividend
E
Earnings
₹250.98₹229.44₹207.89₹186.35₹164.81VolumeEEEDEAug '25Sep '25Nov '25Jan '26Mar '26Apr '26Jun '26Aug '26

AI Summary

✦ Clartha

Forecast

Analyst targets, estimate history, and probabilistic forward ranges for KANSAINER.

17.00 analysts

Price Forecast

Current
₹216.31
High Target
₹316.00
▲ +46.1%
Median Target
₹240.00
▲ +11.0%
Low Target
₹193.00
▼ -10.8%
Now₹216.31High ₹316.00Median ₹240.00Low ₹193.00Aug '25Now12M Target
Price history (1Y)
Analyst target range
17 analysts

Probabilistic Range

Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.

Time horizonRange ()Probability
3M₹181.81 - ₹260.2480%
6M₹169.73 - ₹281.8880%
12M₹154.52 - ₹316.6080%
Realized vol: +28.0% · Drift: +6.1%

Revenue Forecast

₹ Cr
Jun '26Current₹2,300.0
Sep 2026 ETrend estimate range
High₹2,164.7Base₹2,004.3Low₹1,844.0
Sep '25: ₹1,871.0 · Dec '25: ₹1,907.0 · Mar '26: ₹1,873.0 · Jun '26: ₹2,300.0 · Sep '26: ₹2,004.3 · Dec '26: ₹2,042.9
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1,871.01,907.01,873.02,300.02,004.32,042.9
PastCurrentTrend estimate: Low / Base / High

EPS Forecast

₹ / share
Jun '26Current₹3.00
Sep 2026 ETrend estimate range
High₹1.43Base₹1.28Low₹1.13
Sep '25: ₹1.69 · Dec '25: ₹1.62 · Mar '26: ₹1.49 · Jun '26: ₹3.00 · Sep '26: ₹1.28 · Dec '26: ₹1.23
Sep '25Dec '25Mar '26Jun '26Sep '26 EDec '26 E1.691.621.493.001.281.23
PastCurrentTrend estimate: Low / Base / High
Market Intelligence

Multi-factor synthesis of 5 key dimensions

Overall Outlook
Neutral
57%
Analyst Consensus
Weakening

From 17 analysts

Mean upside+15.1%

Fundamentals

Moderate

Fundamentals institutional score is 60 using growth durability 60.0.

Valuation

Attractive relative to peers

Valuation institutional score is 89 using relative multiple z-scores where peer dispersion is available.

Analyst Consensus

Neutral

Analyst View institutional score is 55 using mean target upside 15.1%; dispersion penalty 19.8; recommendation breadth from available consensus.

Technical Structure

Weak Structure

Technicals institutional score is 28 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.

Market Sentiment

Neutral backdrop

Recent news flow is balanced or not decisive enough to tilt the tape. Based on 1 recent ticker-linked news items.

Signal Summary

Market intelligence remains Neutral. valuation provide support, while technical structure and market sentiment remain considerations.

Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.

Fundamentals ModerateValuation Attractive relative to peersAnalyst Consensus NeutralTechnical Structure Weak StructureMarket Sentiment Neutral backdrop

Key Data Points

Mean Target Price248.9 target
Mean Upside+15.1%
Technical Score28%
Fundamental Score60%
Data CoverageHigh

Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.

Valuation Metrics

Trading 13.8% below historical median. Valuation is declining — currently in the strongly undervalued zone (z-score: -1.01). Confidence: 85%.

Live forward EPS implies next-12-month EPS of ₹9.99. Applying the stock's normalized valuation corridor produces a fair range of ₹304.89 to ₹372.03, with base value near ₹332.77 (+53.8% vs current price).

Forward Valuation Outlook

Live forward estimate anchored to the company's historical valuation corridor.

Below normalized range

Forward EPS

₹9.99

Forward P/E

21.6x

Base Fair Value

₹332.77

Fair Range

₹304.89 - ₹372.03

Upside To Base

+53.8%

Estimate Source

Live forward EPS

Growth Estimate

+4.8%

P/E
Strongly Undervalued

5Y Average

36.01

Current

28.73

Overvalued

37.24

Undervalued

30.52

EV/EBITDA
Strongly Undervalued

5Y Average

20.26

Current

16.16

Overvalued

22.52

Undervalued

17.97

P/B
Undervalued

5Y Average

2.78

Current

2.61

Overvalued

3.20

Undervalued

2.37

Peers & Comparison

Sector: Materials · Theme: Paints

Paints Peers2 peers
Avg P/E: 44.8x
CompanyRev. GrowthMarginP/Evs Avg52W Perf.
INDIGO PAINTS LIMITED
INDIGOPNTSPaints
+9.7%10.3%
37.6x
Undervalued
-16% vs avg
+1.9%
BERGER PAINTS (I) LTD
BERGEPAINTPaints
+12.0%9.9%
51.9x
Premium
+16% vs avg
-2.8%
WHY THESE PEERS

KANSAI NEROLAC PAINTS LTD trades at a discount (28.7x vs peer avg 44.8x), suggesting potential undervaluation relative to the Paints cohort. Peers include INDIGO PAINTS LIMITED, BERGER PAINTS (I) LTD — selected based on business model, industry classification, market cap similarity, and business theme alignment.

Financials

Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.

Latest revenue

₹2.30K CrJun 2026

Latest net profit

₹242 CrJun 2026

Latest EPS

₹3.00Jun 2026

Net margin

15.0%Jun 2026

Performance

Bars show revenue and net profit. The line shows net margin.

Rs crore + margin %
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.0%4.0%8.0%12.0%16.0%0.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr
  • Revenue
  • Net income
  • Net margin %

Earnings

Revenue is shown in crores. EPS is rupees per share.

Rs crore + Rs/share
Q1 '26Q2 '26Q3 '26Q4 '26Q1 '270.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr₹0₹1₹2₹2₹3
  • Revenue
  • EPS

Revenue to profit conversion

Bridge from operating numbers to profit for the latest reported period.

Rs crore
RevenueExpensesDepreciationOtheradjustmentsOperatingprofitOther incomeInterestOtheradjustmentsProfitbefore taxTax & otherNet Profit0.00 Cr600 Cr1.20K Cr1.80K Cr2.40K Cr

Latest reported period: Jun 2026

Debt level and coverage

Debt, cash and free cash flow compared on the same crore scale.

Rs crore
Annual view
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026-3.00K Cr0.00 Cr3.00K Cr6.00K Cr9.00K Cr
  • Debt
  • Free cash flow
  • Cash & equivalents

Results

MetricJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales +2,0711,8461,8151,6622,0501,8641,8421,7402,0871,8711,9071,8732,300
Expenses +1,7371,5761,5751,4831,7161,6491,5951,5631,7751,6591,6601,6581,964
Operating Profit334270240179334215247178312212247215336
OPM %16%15%13%11%16%12%13%10%15%11%13%11%15%
Other Income +6782222133827517395329-81856
Interest3333335444655
Depreciation43454646464651505153595961
Profit before tax966244213143323192707164310184175169326
Tax %23%26%26%29%25%32%26%25%26%26%25%28%26%
Net Profit +744180158102241130526123231137131121242
EPS in Rs9.202.231.951.262.981.616.511.532.861.691.621.493.00
Raw PDF

All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).

Shareholding Pattern

HolderJun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters +74.98%74.98%74.98%74.96%74.96%
FIIs +5.40%5.61%5.17%3.60%4.02%
DIIs +10.20%10.03%10.41%11.90%11.88%
Public +9.41%9.37%9.43%9.53%9.14%
Others0.01%0.01%0.01%0.01%
Jun 2026
Promoters +
FIIs +
DIIs +
Public +

Events Timeline

Annual Report FY26

FY2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Earnings Call Transcript

Aug 10, 2026PDFCompany Reports Open

Revised Intimation For Capacity Addition In Accordance With The E-Mail Dated 4Th August, 2026 Received From BSE Team

Aug 04, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome

Aug 03, 2026PDFCompany Reports Open

Announcement under Regulation 30 (LODR)-Investor Presentation

Aug 03, 2026PDFCompany Reports Open