KANSAI NEROLAC PAI chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 118.21
Dividend & Yield2.25₹ (0.56%)
Beta 0.53
Market capitalization 218.07B
Operating cash flow 247.7M
ESG Scores unknown

Company description

Kansai Nerolac Paints Limited manufactures and sells paints and varnishes, enamels, or lacquers in India. The company offers interior and exterior decorative wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives. It also provides disinfectant, hand sanitizers, and multi surface protective sheets. The company was formerly known as Goodlass Nerolac Paints Limited and changed its name to Kansai Nerolac Paints Limited in April 2006. The company was incorporated in 1920 and is based in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio1.21
Working Capital0.19
Return On Equity0.09
Debt To Equity0
Fixed Asset Ratio0.01
Fixed Interest Cover16.77

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities -193.9M -863.8M 3.22B 1.12B
Total Cashflows From Investing Activities 884.5M -3.76B -4.53B 2.5B
Net Borrowings -440M 448.4M -387.7M -71.7M
Total Cash From Financing Activities -2.23B -1.41B -2.74B -3.09B
Change To Operating Activities
Issuance Of Stock
Net Income 4.53B 5.21B 5.3B 3.59B
Change In Cash -345.2M 781.6M -811.3M -350M
Effect Of Exchange Rate
Total Cash From Operating Activities 999.2M 5.95B 6.46B 247.7M
Depreciation 1.05B 1.4B 1.64B 1.7B
Change To Account Receivables -819M -733.6M -2.11B -1.06B
Other Cashflows From Financing Activities -387.7M -454.4M 37.8M -181M
Change To Netincome -988.6M -110.2M 296.7M -781M
Capital Expenditures -5.27B -2.42B -1.04B -2.19B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 6.97B 6.67B 7.12B 4.76B
Net Income 4.53B 5.21B 5.3B 3.59B
Selling General Administrative 6.03B 6.16B 4.93B 3.56B
Gross Profit 19.49B 20.06B 19.15B 19.42B
Ebit 6.46B 6.62B 6.98B 4.8B
Operating Income 6.46B 6.62B 6.98B 4.8B
Interest Expense -98.9M -206.9M -236.1M -285.9M
Income Tax Expense 2.49B 1.51B 1.87B 1.33B
Total Revenue 54.24B 52.8B 50.74B 63.69B
Cost Of Revenue 34.75B 32.74B 31.59B 44.27B
Total Other Income ExpenseNet 505.5M 46.2M 144.7M -31.8M
Net Income From Continuing Ops 4.48B 5.16B 5.26B 3.43B
Net Income Applicable To Common Shares 4.53B 5.21B 5.3B 3.59B

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 10.81B 11.02B 14.44B 15.58B
Total Stockholder Equity 34.16B 37.6B 40.53B 41.32B
Other Current Liabilities 1.15B 1.19B 1.15B 1.09B
Total Assets 45.18B 48.84B 55.33B 57.09B
Common Stock 538.9M 538.9M 538.9M 538.9M
Other Current Assets 1.36B 1.65B 1.5B 1.65B
Retained Earnings 33.51B 37B 39.93B
Treasury Stock -11.7M -60.2M -62.4M 40.78B
Cash 933.7M 1.8B 1.03B 1.06B
Total Current Liabilities 9.5B 9.17B 12.41B 13.26B
Other Stockholder Equity -11.7M -60.2M -62.4M 40.78B
Property, Plant, and Equipment 17.21B 20B 20.59B 21.74B
Total Current Assets 23.2B 24.89B 31.78B 32.3B
Net Tangible Assets 33.56B 36.85B 39.93B 40.86B
Net Receivables 7.68B 8.01B 10.22B 11.2B
Accounts Payable 6.93B 5.95B 9.07B 9.81B


Insider Transactions

Here are the insider transactions of stock shares related to KANSAI NEROLAC PAI:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Kansai Paint Co., Ltd.D2016-11-16Promoter849.81k
Kansai Paint Co., Ltd.D2016-11-10Promoter25k
Kansai Paint Co., Ltd.D2016-11-09Promoter1.07M
Kansai Paint Co., Ltd.D2016-11-08Promoter6.46k
Kansai Paint Co., Ltd.D2016-11-07Promoter226.64k
Kansai Paint Co., Ltd.D2016-11-04Promoter653.18k
Kansai Paint Co., Ltd.D2016-11-03Promoter108.41k
Kansai Paint Co., Ltd.D2016-11-02Promoter611.55k
Kansai Paint Co., Ltd.D2016-09-30Promoter433.06k
Kansai Paint Co., Ltd.D2016-09-29Promoter11.03k
Kansai Paint Co., Ltd.D2016-09-29Promoter133.69k
Kansai Paint Co., Ltd.D2016-08-23Promoter698
Kansai Paint Co., Ltd.D2016-08-16Promoter296
Kansai Paint Co., Ltd.D2016-08-12Promoter21.58k
Kansai Paint Co., Ltd.D2016-08-11Promoter4.43k
Kansai Paint Co., Ltd.D2016-08-04Promoter11.96k
Kansai Paint Co., Ltd.D2016-08-03Promoter2.02k
Kansai Paint Co., Ltd.D2016-08-02Promoter1.05M
Kansai Paint Co., Ltd.D2016-07-13Promoter31.08k
Kansai Paint Co., Ltd.D2016-07-12Promoter3.84k
Kansai Paint Co., Ltd.D2016-07-11Promoter92.61k
Kansai Paint Co., Ltd.D2016-07-08Promoter3.64k
Kansai Paint Co., Ltd.D2016-07-07Promoter33.66k
Kansai Paint Co., Ltd.D2016-07-05Promoter12.94k
Kansai Paint Co., Ltd.D2016-06-24Promoter1.52k
Kansai Paint Co., Ltd.D2016-06-15Promoter856
Kansai Paint Co., Ltd.D2016-06-14Promoter14.91k
Kansai Paint Co., Ltd.D2016-06-07Promoter144k
Kansai Paint Co., Ltd.D2016-05-26Promoter13.84k
Kansai Paint Co., Ltd.D2016-05-25Promoter47k
Kansai Paint Co., Ltd.D2016-05-24Promoter405k
Kansai Paint Co., Ltd.D2016-05-23Promoter185k
Kansai Paint Co., Ltd.D2016-05-06Promoter3.19M
Kansai Paint Co., Ltd.D2016-05-04Promoter489.61k
Kansai Paint Co., Ltd.D2016-04-07Promoter103.89k
Kansai Paint Co., Ltd.D2016-04-07Promoter101.62k
Kansai Paint Co., Ltd.D2016-04-06Promoter103.89k
Kansai Paint Co., Ltd.D2016-04-06Promoter101.14k
Kansai Paint Co., Ltd.D2016-04-01Promoter103.89k
Kansai Paint Co., Ltd.D2016-03-31Promoter68.05k
Kansai Paint Co., Ltd.D2016-03-29Promoter1.03M
Kansai Paint Co., Ltd.D2016-03-29Promoter930.8k
Kansai Paint Co., Ltd.D2016-03-28Promoter72.83k
Kansai Paint Co., Ltd.D2016-03-23Promoter611.02k
Kansai Paint Co., Ltd.D2016-03-22Promoter365k
Kansai Paint Co., Ltd.D2016-03-21Promoter81k
Kansai Paint Co., Ltd.D2016-03-18Promoter235.01k
Kansai Paint Co., Ltd.D2016-03-17Promoter130k
Kansai Paint Co., Ltd.D2016-03-16Promoter272k
Kansai Paint Co., Ltd.D2016-03-11Promoter201k
Kansai Paint Co., Ltd.D2016-03-09Promoter237.79k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to KANSAI NEROLAC PAI. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on KANSAI NEROLAC PAI

Here is the result of two systematic investment strategies applied to KANSAI NEROLAC PAI. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on KANSAI NEROLAC PAI

The following chart shows the equity curve of the two systematic investment strategies applied to KANSAI NEROLAC PAI:

KANSAI NEROLAC PAI automated entries

The systematic investment strategy that buys the first day of the month would give a performance of -20.61% on the backtest period.

Performance at glance

Performance

-20.61 %

Latent gain

-1035.05 ₹

Invested capital

5022.05 ₹

Annualized return

-4.91 %
Build your Trading System
Automated Trading using Prorealtime ebook

Momentum strategy results on KANSAI NEROLAC PAI

This is the result of two momentum investment strategies applied to KANSAI NEROLAC PAI. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on KANSAI NEROLAC PAI

The following chart shows all the entries opened by the momentum investment system on KANSAI NEROLAC PAI:

KANSAI NEROLAC PAI momentum entries
  • The first momentum investment strategy would give -19.31% of return on KANSAI NEROLAC PAI. That represents -1717.05₹ of latent gain with 8893.65₹ of employed capital.
  • The second momentum investment strategy would give -18.31% of return on KANSAI NEROLAC PAI. That represents -1072.3₹ of latent gain with 5856.7₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

-19.31 %

Latent gain

-1717.05 ₹

Invested capital

8893.65 ₹

Annualized return

-8.99 %
Performance at glance (2Q Momentum)

Performance

-18.31 %

Latent gain

-1072.3 ₹

Invested capital

5856.7 ₹

Annualized return

-4.92 %

Momentum equity curve on KANSAI NEROLAC PAI

The following chart shows the equity curve of the two momentum strategies applied to KANSAI NEROLAC PAI:

KANSAI NEROLAC PAI momentum equity

Note: the dividends potentially given by KANSAI NEROLAC PAI are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on KANSAI NEROLAC PAI

The following chart shows the employed capital evolution of the two momentum strategies on KANSAI NEROLAC PAI since the beginning:

KANSAI NEROLAC PAI

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on KANSAI NEROLAC PAI

Buy the dip entry openings on KANSAI NEROLAC PAI

KANSAI NEROLAC PAI

The performance achieved by the robo-advisor on KANSAI NEROLAC PAI is -19.78%. That represents -491.6$ of latent gain with 2485.1₹ of employed capital. The following chart shows KANSAI NEROLAC PAI stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of KANSAI NEROLAC PAI, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

-19.78 %

Latent gain

-491.6 ₹

Invested capital

2485.1 ₹

Annualized return

-8.99 %

Equity curve of the strategy applied to KANSAI NEROLAC PAI

The following chart shows the result of the investment strategy applied to KANSAI NEROLAC PAI:

KANSAI NEROLAC PAI

Note: the dividends potentially given by KANSAI NEROLAC PAI are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on KANSAI NEROLAC PAI

The following chart shows the employed capital evolution since the beginning of the investment strategy on KANSAI NEROLAC PAI:

KANSAI NEROLAC PAI

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on KANSAI NEROLAC PAI

In this section, I will compare the three previous investment strategies applied to KANSAI NEROLAC PAI.

Equity curve comparison on KANSAI NEROLAC PAI

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

KANSAI NEROLAC PAI investment strategy comparison

Employed capital comparison on KANSAI NEROLAC PAI

KANSAI NEROLAC PAI investment comparison

Performance comparison on KANSAI NEROLAC PAI

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment -20.61% -1035.05₹ 5022.05₹ -4.91%
Momentum 1 quarter -19.31% -1717.05₹ 8893.65₹ -4.88%
Momentum 2 quarters -18.31% -1072.3₹ 5856.7₹ -4.92%
Non-directional -19.78% -491.6₹ 2485.1₹ -8.99%
Annualized return comparison

Automatic investment

-4.91 %

Momentum 1Q

-4.92 %

Momentum 2Q

-4.92 %

Non-directional

-8.99 %

Correlated stocks

Here are the most positively and negatively correlated stocks with KANSAI NEROLAC PAI:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between KANSAI NEROLAC PAI and the other stocks. There may be false positives or some missing correlated stocks. If the price of KANSAI NEROLAC PAI does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name KANSAI NEROLAC PAI
Country India
City Mumbai
Address Nerolac House
Phone 91 22 2493 4001
Website www.nerolac.com
FullTime employees
Industry Specialty Chemicals
Sector Basic Materials
Exchange XNSE
Ticker KANSAINER.XNSE
Market

KANSAI NEROLAC PAI ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown