Kansai Nerolac Paints Limited manufactures and supplies paints and varnishes, enamels, and lacquers in India. The company provides interior and exterior wall paints, wood coatings, metal enamel paints, and ancillary paints, as well as adhesives and waterproofing products; interior textures; and automotive and powder coatings, performance coatings liquid, auto refinish, primers, enamels, wood finishes, waterproofing solutions, and construction chemicals. It also offers 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.
Revenue projections:
Revenue projections for KANSAINER The projected decline in KANSAINER's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
currentRatio
3.690000
forwardPE
25.757902
debtToEquity
4.628000
earningsGrowth
-0.062000
revenueGrowth
0.027000
grossMargins
0.352000
operatingMargins
0.062820
trailingEps
14.110000
forwardEps
0.000000
KANSAINER's current ratio being 3.69 shows it has more than enough assets to cover its short-term debts. The company's liquidity position is strong, with ample cash reserves available to meet its immediate financial obligations without strain. KANSAINER's Forward PE is in an attractive range, meaning its stock price aligns well with earnings and isn't inflated. This creates room for growth, making it a solid investment opportunity for those looking to benefit from potential price appreciation. With both earnings and revenue growth in low territory, KANSAINER is likely to see shrinking profits. This signals a possible downturn in the company's financial health and may raise concerns about its future profitability. Kansai Nerolac Paints Limited's negative gross and operating margins suggest that the company is currently unprofitable, both in terms of production and overall operations. This could reflect rising costs or declining revenues, posing challenges for future profitability.
Price projections:
Price projections for KANSAINER KANSAINER's price projections have gradually declined, indicating growing uncertainty about the company's ability to meet previous targets. The downward trend reflects a more conservative view of KANSAINER's future.
Recommendation changes over time:
Recommendations trend for KANSAINER
Analysts have shown a buy bias for KANSAINER, marking it as a favorable investment option. This could inspire investors to see KANSAINER as a strong place to park their money, given the positive outlook and growth potential associated with the stock in recent evaluations.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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