Kansai Nerolac Peer Comparison
NSE: KANSAINER | BSE: 500165
₹193.98
As on 01-Sep-2026 12:44IST
Market cap
₹15,618 Cr
Revenue (TTM)
₹8,263 Cr
P/E Ratio
26
P/B Ratio
2.3
Div. Yield
1.3 %
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
Market cap (₹ Cr) |
15,618 | 14,118 | 5,519 | 2,459 | 670 |
Revenue (₹ Cr) |
8,263 | 3,591 | 1,466 | 508 | 559 |
Net Profit (₹ Cr) |
588.66 | 1,962.50 | 163.25 | 67.02 | -69.44 |
Net Margin (%) |
7.00 | 52.95 | 11.01 | 13.05 | -12.30 |
RoE (%) |
9.81 | 16.31 | 14.89 | 14.60 | -24.21 |
Price to Earnings |
26.02 | 7.19 | 34.30 | 36.69 | -- |
Price-To-Book |
2.25 | 5.58 | 4.68 | 5.01 | 5.59 |
Income Statement (₹ Cr)
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Operating Revenue
|
8,263.47 | 3,590.90 | 1,465.82 | 508.25 | 558.79 |
|
Total Income
|
8,411.74 | 3,706.00 | 1,483.02 | 513.51 | 564.64 |
|
Total Expenditure
|
7,263.65 | 3,101.80 | 1,193.34 | 407.94 | 585.73 |
|
EBITDA
|
999.82 | 489.10 | 272.48 | 100.32 | -26.94 |
|
Depreciation
|
238.01 | 77.40 | 61.00 | 10.96 | 20.09 |
|
EBIT
|
761.81 | 411.70 | 211.48 | 89.36 | -47.03 |
|
Interest
|
32.95 | 12.00 | 2.81 | 4.60 | 24.10 |
|
Other Income
|
148.27 | 115.10 | 17.20 | 5.26 | 5.85 |
|
Exceptional Items
|
-63.15 | 1,845.90 | -6.13 | 0.00 | -4.60 |
|
Profit before Tax
|
813.98 | 2,360.70 | 219.74 | 90.02 | -69.88 |
|
Provision for Tax
|
225.32 | 398.20 | 56.48 | 23.00 | -0.44 |
|
Profit after Tax
|
588.66 | 1,962.50 | 163.25 | 67.02 | -69.44 |
Liabilities (₹ Cr)
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Shareholder's Funds
|
6,713.78 | 2,451.60 | 1,153.97 | 475.12 | 251.18 |
|
Minority Interest
|
11.48 | 0.00 | -2.35 | 0.00 | 0.00 |
|
Non-Current Liabilities
|
365.11 | 200.50 | 107.65 | 39.45 | 13.41 |
|
Current Liabilities
|
1,657.15 | 1,143.20 | 367.33 | 74.37 | 375.97 |
|
Total Liabilities
|
8,711.11 | 5,600.50 | -- | 610.41 | 642.62 |
Assets (₹ Cr)
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Non-Current Assets
|
2,317.67 | 1,561.30 | 748.93 | 180.16 | 275.75 |
|
Current Assets
|
5,773.67 | 1,787.10 | 811.39 | 387.39 | 305.55 |
|
Total Assets
|
8,711.11 | 5,600.50 | -- | 610.41 | 642.62 |
|
Total Debt*
|
82.68 | 0.00 | -- | 32.32 | 157.03 |
|
Net Current Assets
|
4,116.52 | 643.90 | 444.06 | 313.02 | -70.42 |
|
Contingent Liabilities
|
44.79 | 53.70 | -- | -- | 39.17 |
Cashflow (₹ Cr)
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Cash From Operating Activities
|
894.37 | 93.20 | -- | 44.41 | 23.35 |
|
Cash Flow from Investing Activities
|
-382.65 | 803.70 | -- | -69.75 | -0.52 |
|
Cash from Financing Activities
|
-403.30 | -875.40 | -- | 38.83 | -24.71 |
|
Net Cash Inflow / Outflow
|
108.42 | 21.50 | -- | 13.50 | -1.88 |
Ratios
Profitability Ratios
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
ROCE (%)
|
12.44 | 125.82 | -- | 20.28 | -12.18 |
|
ROE (%)
|
9.81 | 16.31 | 14.89 | 14.60 | -24.21 |
|
ROA (%)
|
6.95 | 58.59 | 10.74 | 12.89 | -10.34 |
|
EBIT Margin (%)
|
9.22 | 11.47 | 14.43 | 17.58 | -8.42 |
|
Net Margin (%)
|
7.00 | 52.95 | 11.01 | 13.05 | -12.30 |
|
Cash Profit Margin (%)
|
0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Growth Ratios
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Revenue Growth (%)
|
5.24 | -11.12 | 9.51 | 24.19 | -10.74 |
|
EBIT Growth (%)
|
7.39 | -21.01 | 22.72 | 30.96 | 22.43 |
|
Net Profit Growth (%)
|
-46.49 | 383.49 | 15.32 | 26.33 | 2.07 |
|
EPS Growth (%)
|
3.47 | -5.42 | 16.75 | 21.92 | 8.56 |
|
Book Value Growth (%)
|
4.53 | 84.38 | -- | 35.92 | -30.80 |
Valuation Ratios
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Price / Earnings
|
24.12 | 37.43 | 33.24 | 36.81 | -10.41 |
|
Price / Book Value
|
2.25 | 5.68 | 4.66 | 5.02 | 5.64 |
|
Dividend Yield (%)
|
1.30 | 6.55 | 0.43 | 0.46 | 0.00 |
|
EV/EBITDA
|
13.10 | 28.72 | 18.98 | 23.84 | -29.13 |
|
Market Cap (₹ Cr)
|
13,509.49 | 12,925.09 | -- | 2,280.50 | 302.15 |
Solvency Ratios
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Debt to Equity
|
0.00 | 0.00 | 0.00 | 0.05 | 0.00 |
|
Short term debt to equity ratio
|
0.01 | -- | -- | -- | 0.62 |
|
Current Ratio
|
3.48 | 1.56 | 2.21 | 5.21 | 0.81 |
|
Quick Ratio
|
2.56 | 1.06 | 1.72 | 3.72 | 0.54 |
|
Interest Coverage
|
25.70 | 197.73 | 79.20 | 20.57 | -1.90 |
Operating Efficiency Ratios
| Kansai Nerolac | Akzo Nobel India | Indigo Paints | SIRCA Paints India | Shalimar Paints | |
|---|---|---|---|---|---|
|
Debtors to sales (%)
|
17.76 | 16.79 | 19.48 | 30.55 | 24.76 |
|
Asset Turnover
|
0.98 | 1.07 | 0.96 | 0.98 | 0.83 |
|
Receivable days
|
57.19 | 60.23 | -- | 92.10 | 79.33 |
|
Inventory Days
|
64.70 | 59.62 | -- | 81.02 | 65.67 |
|
Payable days
|
79.48 | 144.42 | -- | 63.38 | 173.97 |
|
Cash Conversion Cycle
|
42.40 | -24.57 | -- | 109.74 | -28.96 |