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KANSAINERKansai Nerolac Paints Limited

Chemicals · Specialty Chemicals · NSE · as of 2026-07-20 (delayed ~30 min in market hours)

201.20
0.04%
36Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)15,934.10
P/E27.06
P/B2.37
PEG7.31
ROE %8.80
ROCE %10.60
Debt / Equity0.05
EPS7.28
Revenue Growth %7.50
Profit Growth %3.70
Dividend Yield %1.23
Promoter Holding %75.10
FII Holding %11.52
DII Holding %
Beta0.30

“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.

Active Pattern Signals

Double TopSHORT65%201.20218.84185.580.89
AVOIDConviction 72%

Why avoid

  • Overall evidence is weak (AlgoScore 36/100)
  • Revenue growth: 7.5% YoY
  • Profit growth: 3.7% YoY
  • MACD: bearish
  • Price vs EMA21: below
  • Double Top bearish signal (setup quality 65%)

Bull case

  • Debt/Equity: 0.05
  • Promoter holding: 75.1%
  • Valuation vs sector: P/E 27.1 vs sector 30.7
  • Volatility: 27% annualized

Bear case

  • Revenue growth: 7.5% YoY
  • Profit growth: 3.7% YoY
  • MACD: bearish
  • Price vs EMA21: below

Key risks

  • Momentum is fading versus the broader market
  • Revenue growth: 7.5% YoY
  • Profit growth: 3.7% YoY

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹201.20
Stop Loss
₹193.05
risk 4.1%
Target 1 (1.5R)
₹213.42
+6.1%
Target 2 (3R)
₹225.65
+12.2%
Support (20d)
₹195.00
Resistance (52w)
₹260.89
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹8.15/share
ATR (volatility)
₹5.35
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹5.35). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
47
Technical
25
Momentum
24
Risk (safety)
57

Peers — Chemicals

TINNARUBR 20.00%
82
INDOBORAX 3.30%
82
PREMIERPOL 0.33%
81
BEPL 12.97%
81
HSCL 3.82%
80
APCOTEXIND 4.35%
79

About

Kansai Nerolac Paints Limited engages in the manufacture and supply paints, varnishes, enamels, and lacquers in India. It provides interior and exterior wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; interior textures; general industrial, powder, coil, automotive, auto refinish, and floor coatings; wood finishes, waterproofing solutions, and construction chemicals; and decorative and soldier paints. The company also offers painters, background check, guidance, color consultation, on-site sanitation, quotation, and color selection tools services. It serves residential, commercial, retail, industrial, governmental, and institutional customers, as well as automotive, consumer durables, machinery, equipment, and structural industries. 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 headquartered in Mumbai, India. Kansai Nerolac Paints Limited is a subsidiary of Kansai Paint Co., Ltd.