NSE: KANSAINER | BSE: 500165

Mid-range Performer

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244.10 0.35 (0.14%)

124.1K NSE+BSE Volume

NSE 26 Jun, 2025 3:31 PM (IST)

19,735.3

Market Cap

Below industry Median

0.6

Beta 1Year

Very Low volatility

Kansai Nerolac Paints Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for KANSAINER, BSE:500165 Kansai Nerolac Paints Ltd.

Kansai Nerolac Paints Ltd.

02 Nov 2023

244.10

0.14%

Healthy performance amidst tough macro conditions

Accumulate: Kansai Nerolac Paints Ltd.

ICICI Securities Limited

Considering macro headwinds like erratic rainfall and shift of festive season to Q3FY24, we reckon Kansai has reported healthy numbers in Q2FY24. We remain enthused by the continued investments to strengthen competitive advantages with (1) higher feet-on-street, (2) new product launches, (3) influencer outreach, (4) investments in projects business, and (5) digital.

Number of FII/FPI investors decreased from 188 to 180 in Mar 2025 qtr

Kansai Nerolac Paints Ltd.

31 Aug 2023

244.10

0.14%

KANSAI NEROLAC

Buy: Kansai Nerolac Paints Ltd.

Geojit BNP Paribas

Number of FII/FPI investors decreased from 188 to 180 in Mar 2025 qtr

Kansai Nerolac Paints Ltd.

07 Aug 2023

244.10

0.14%

Visible trajectory improvement under leadership of Anuj Jain; Upgrade to ADD

Accumulate: Kansai Nerolac Paints Ltd.

Recommendation Target

ICICI Securities Limited

Kansai has introduced multiple DCF-accretive initiatives under the leadership of Mr. Anuj Jain, MD such as (1) steady expansion of innovative product portfolio across sub-segments, (2) relaunched brand as ‘Nerolac Paint+ with Japanese technology’ supported by higher brand and R&D spends, (3) investments in projects, Next-gen painting services and influencer reach to connect with customers and generate pipeline.

Kansai Nerolac Paint.. has an average target of 294.00 from 3 brokers.

Kansai Nerolac Paints Ltd.

04 Aug 2023

244.10

0.14%

Weak performance than peers in spite of revival in Automotive sector

Sell: Kansai Nerolac Paints Ltd.

ICICI Securities Limited

Kansai reported revenue growth of +5.1% compared to Asian Paints (+7%) and Akzo (+6.6%) YoY. Its EBITDA margin expansion (+294bps) was also lower than Asian Paints (+537bps) and Akzo (+331bps) YoY. While Kansai is biggest beneficiary of revival in Automotive sector, it has likely lost market shares decorative paints in our view.

Number of FII/FPI investors decreased from 188 to 180 in Mar 2025 qtr

Kansai Nerolac Paints Ltd.

12 May 2023

244.10

0.14%

KANSAI NEROLAC

Accumulate: Kansai Nerolac Paints Ltd.

Target

Geojit BNP Paribas

Number of FII/FPI investors decreased from 188 to 180 in Mar 2025 qtr

Kansai Nerolac Paints Ltd.

10 May 2023

244.10

0.14%

Kansai Nerolac Paints

Hold: Kansai Nerolac Paints Ltd.

Target

ICICI Direct

Geojit BNP Paribas increased Hold price target of Kansai Nerolac Paints Ltd. to 263.0 on 24 Jun, 2025.

Kansai Nerolac Paints Ltd.

09 May 2023

244.10

0.14%

KANSAI NEROLAC PAINT

Accumulate: Kansai Nerolac Paints Ltd.

Target

Prabhudas Lilladhar

Geojit BNP Paribas increased Hold price target of Kansai Nerolac Paints Ltd. to 263.0 on 24 Jun, 2025.

Kansai Nerolac Paints Ltd.

09 May 2023

244.10

0.14%

Recovery in automotive paint profitability and early signs of benefits due to investments in decorative

Sell: Kansai Nerolac Paints Ltd.

Recommendation Target

ICICI Securities Limited

Kansai reported strong Q4FY23 led by (1) price hikes in industrial paints, (2) benefits of investments in trade and projects business in FY23, (3) strong volume growth in automotive paints, (4) correction in input prices and (5) favorable base.

Number of FII/FPI investors decreased from 188 to 180 in Mar 2025 qtr

Kansai Nerolac Paints Ltd.

07 Feb 2023

244.10

0.14%

Kansai Nerolac Paints

Hold: Kansai Nerolac Paints Ltd.

Target

ICICI Direct

Kansai Nerolac Paint.. has an average target of 294.00 from 3 brokers.

Kansai Nerolac Paints Ltd.

06 Feb 2023

244.10

0.14%

Consolidation phase continues

Hold: Kansai Nerolac Paints Ltd.

Target

ICICI Securities Limited

Kansai’s Q3FY23 was weaker than its peers with revenue growth of 0.9% vs Berger (5.6%) and Asian Paints (1.3%). Industrial paints segment has performed well with recovery in Automotive sector and Kansai was able to secure price hikes from all its key customers.

Kansai Nerolac Paint.. has an average target of 294.00 from 3 brokers.

Is Kansai Nerolac Paints Ltd. worth buying?

181 Votes:

Buy 80.66%

Sell 10.5%

Hold 8.84%

RESEARCH REPORTS

Hold SEE REPORTS >

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Accumulate SEE REPORTS >

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