Kansai Nerolac Paints Limited

NSEI:KANSAINER Stock Report

Market Cap: ₹200.7b

Kansai Nerolac Paints Valuation

Is KANSAINER undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of KANSAINER when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Discounted Cash Flow
Simply Wall St
₹101.83
Fair Value
143.7% overvalued intrinsic discount
17
Number of Analysts

Below Fair Value: KANSAINER (₹248.1) is trading above our estimate of fair value (₹101.83)

Significantly Below Fair Value: KANSAINER is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for KANSAINER?

Key metric: As KANSAINER is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for KANSAINER. This is calculated by dividing KANSAINER's market cap by their current earnings.
What is KANSAINER's PE Ratio?
PE Ratio17.8x
Earnings₹11.43b
Market Cap₹200.75b

Price to Earnings Ratio vs Peers

How does KANSAINER's PE Ratio compare to its peers?

The above table shows the PE ratio for KANSAINER vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average60.4x
500870 Castrol India
22.7x8.69%₹214.7b
CARBORUNIV Carborundum Universal
62.6x23.24%₹183.4b
500770 Tata Chemicals
117.8x46.14%₹237.9b
506401 Deepak Nitrite
38.5x15.88%₹268.7b
KANSAINER Kansai Nerolac Paints
17.6x-17.49%₹200.7b

Price-To-Earnings vs Peers: KANSAINER is good value based on its Price-To-Earnings Ratio (17.6x) compared to the peer average (60.4x).

Price to Earnings Ratio vs Industry

How does KANSAINER's PE Ratio compare vs other companies in the IN Chemicals Industry?

4 CompaniesPrice / EarningsEstimated GrowthMarket Cap
NAGAFERT Nagarjuna Fertilizers and Chemicals
0.1xn/aUS$38.54m
UNIVPHOTO Universus Photo Imagings
3xn/aUS$30.88m
500449 Hindustan Organic Chemicals
0.6xn/aUS$28.69m
509910 Southern Gas
0.04xn/aUS$6.16k
No more companies available in this PE range
KANSAINER 17.8xIndustry Avg. 29.1xNo. of Companies44PE020406080100+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: KANSAINER is good value based on its Price-To-Earnings Ratio (17.6x) compared to the Indian Chemicals industry average (29.1x).

Price to Earnings Ratio vs Fair Ratio

What is KANSAINER's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

KANSAINER PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio17.8x
Fair PE Ratio13.4x

Price-To-Earnings vs Fair Ratio: KANSAINER is expensive based on its Price-To-Earnings Ratio (17.6x) compared to the estimated Fair Price-To-Earnings Ratio (14.1x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst KANSAINER forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹252.15
₹277.71
+10.14%
11.57%₹340.00₹212.00n/a17
Jun ’26₹253.70
₹278.24
+9.67%
11.18%₹340.00₹221.00n/a17
May ’26₹257.17
₹284.59
+10.66%
11.80%₹345.00₹221.00n/a17
Apr ’26₹237.83
₹285.44
+20.02%
11.63%₹345.00₹221.00n/a18
Mar ’26₹226.66
₹290.83
+28.31%
12.40%₹355.00₹221.00n/a18
Feb ’26₹240.03
₹304.65
+26.92%
11.93%₹370.00₹250.00n/a17
Jan ’26₹263.85
₹307.00
+16.35%
11.24%₹370.00₹250.00n/a17
Dec ’25₹280.95
₹312.28
+11.15%
10.61%₹370.00₹250.00n/a18
Nov ’25₹287.00
₹327.22
+14.01%
10.17%₹375.00₹256.00n/a18
Oct ’25₹311.50
₹322.78
+3.62%
10.56%₹375.00₹256.00n/a18
Sep ’25₹296.50
₹317.39
+7.05%
11.92%₹375.00₹249.00n/a18
Aug ’25₹305.10
₹314.67
+3.14%
11.49%₹375.00₹249.00n/a18
Jul ’25₹270.00
₹313.44
+16.09%
13.03%₹400.00₹230.00n/a18
Jun ’25₹269.60
₹316.83
+17.52%
13.74%₹400.00₹230.00₹253.7018
May ’25₹279.75
₹334.83
+19.69%
15.32%₹425.00₹260.00₹257.1718
Apr ’25₹271.90
₹342.78
+26.07%
13.32%₹425.00₹261.00₹237.8318
Mar ’25₹290.05
₹353.39
+21.84%
11.64%₹425.00₹261.00₹226.6618
Feb ’25₹337.60
₹356.06
+5.47%
11.69%₹425.00₹250.00₹240.0317
Jan ’25₹332.50
₹355.41
+6.89%
11.47%₹425.00₹250.00₹263.8517
Dec ’24₹320.05
₹347.30
+8.51%
13.05%₹425.00₹250.00₹280.9518
Nov ’24₹315.05
₹349.96
+11.08%
13.84%₹415.00₹246.00₹287.0018
Oct ’24₹317.45
₹352.19
+10.94%
15.90%₹445.00₹246.00₹311.5018
Sep ’24₹340.00
₹352.19
+3.58%
15.90%₹445.00₹246.00₹296.5018
Aug ’24₹338.90
₹335.78
-0.92%
23.91%₹500.00₹233.00₹305.1018
Jul ’24₹300.30
₹307.70
+2.47%
15.27%₹388.00₹233.33₹270.0018
Jun ’24₹287.13
₹305.85
+6.52%
15.74%₹388.00₹233.33₹269.6018
AnalystConsensusTarget
Consensus Narrative from 17 Analysts
₹277.48
Fair Value
10.6% undervalued intrinsic discount
17
Number of Analysts

Analyst Forecast: Target price is less than 20% higher than the current share price.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/30 12:38
End of Day Share Price 2025/06/30 00:00
Earnings2025/03/31
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kansai Nerolac Paints Limited is covered by 37 analysts. 14 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
null nullAntique Stockbroking Ltd.
null nullAsian Markets Securities Private Limited