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The sales for the December 2019 quarter moved down to Rs. 12481.40 millions as compared to Rs. 13506.60 millions during the year-ago period.A slim rise of 8.83% was recorded in the Net profit for the quarter ended December 2019 to Rs. 1226.50 millions From Rs. 1127.00 millions.The company reported a good operating profit of 2043.00 millions compared to 1968.10 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201912 201812 % Var 201912 201812 % Var 201903 201803 % Var Sales 12481.40 13506.60 -7.59 39551.30 40204.60 -1.62 51736.20 47370.10 9.22 Other Income 124.20 198.40 -37.40 228.70 474.30 -51.78 618.80 724.20 -14.55 PBIDT 2043.00 1968.10 3.81 6767.00 6398.00 5.77 8038.80 8621.90 -6.76 Interest 12.10 0.00 0.00 37.10 0.00 0.00 0.00 0.00 0.00 PBDT 2030.90 1968.10 3.19 6729.90 6398.00 5.19 8038.80 8621.90 -6.76 Depreciation 314.20 235.10 33.65 878.40 669.90 31.12 904.70 757.90 19.37 PBT 1716.70 1733.00 -0.94 5851.50 5728.10 2.15 7134.10 7864.00 -9.28 TAX 490.20 606.00 -19.11 1212.10 1982.80 -38.87 2460.60 2700.00 -8.87 Deferred Tax 72.60 86.70 -16.26 -215.80 231.50 -193.22 241.90 17.90 1251.40 PAT 1226.50 1127.00 8.83 4639.40 3745.30 23.87 4673.50 5164.00 -9.50 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 16.37 14.57 12.33 17.11 15.91 7.51 15.54 18.20 -14.63
The revenue for the September 2019 quarter is pegged at Rs. 12435.20 millions against Rs. 12938.80 millions recorded during the year-ago period.Net profit surges 58.53% to Rs. 1933.90 millions from Rs. 1219.90 millions in the quarter ended September 2019.Operating Profit saw a handsome growth to 2168.70 millions from 2089.40 millions in the quarter ended September 2019. (Rs. in Million) Quarter ended Year to Date Year ended 201909 201809 % Var 201909 201809 % Var 201903 201803 % Var Sales 12435.20 12938.80 -3.89 27069.90 26698.00 1.39 51736.20 47370.10 9.22 Other Income 39.40 139.90 -71.84 104.50 275.90 -62.12 618.80 724.20 -14.55 PBIDT 2168.70 2089.40 3.80 4724.00 4429.90 6.64 8038.80 8621.90 -6.76 Interest 12.40 0.00 0.00 25.00 0.00 0.00 0.00 0.00 0.00 PBDT 2156.30 2089.40 3.20 4699.00 4429.90 6.07 8038.80 8621.90 -6.76 Depreciation 286.40 230.80 24.09 564.20 434.80 29.76 904.70 757.90 19.37 PBT 1869.90 1858.60 0.61 4134.80 3995.10 3.50 7134.10 7864.00 -9.28 TAX -64.00 638.70 -110.02 721.90 1376.80 -47.57 2460.60 2700.00 -8.87 Deferred Tax -361.50 64.80 -657.87 -288.40 144.80 -299.17 241.90 17.90 1251.40 PAT 1933.90 1219.90 58.53 3412.90 2618.30 30.35 4673.50 5164.00 -9.50 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 17.44 16.15 8.00 17.45 16.59 5.17 15.54 18.20 -14.63
Kansai Nerolac Paints is currently trading at Rs. 505.85, up by 22.90 points or 4.74% from its previous closing of Rs. 482.95 on the BSE.The scrip opened at Rs. 489.00 and has touched a high and low of Rs. 509.00 and Rs. 487.00 respectively. So far 7420 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 509.20 on 23-Sept-2019 and a 52 week low of Rs. 343.40 on 23-Oct-2018.Last one week high and low of the scrip stood at Rs. 509.00 and Rs. 456.40 respectively. The current market cap of the company is Rs. 26027.13 crore.The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.41% and 9.60% respectively.Kansai Nerolac Paints has commenced commercial production of new manufacturing unit at Goindwal Sahib near Amritsar in Punjab.Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.
Kansai Nerolac Paints is currently trading at Rs. 430.25, up by 0.20 points or 0.05% from its previous closing of Rs. 430.05 on the BSE.The scrip opened at Rs. 423.00 and has touched a high and low of Rs. 430.25 and Rs. 413.00 respectively. So far 4751 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 540.45 on 13-Aug-2018 and a 52 week low of Rs. 343.40 on 23-Oct-2018.Last one week high and low of the scrip stood at Rs. 443.50 and Rs. 372.00 respectively. The current market cap of the company is Rs. 23173.55 crore.The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.36% and 9.65% respectively.Kansai Nerolac Paints has entered into joint venture agreement with Polygel Industries. By virtue of the joint venture agreement, the company and Polygel will establish a joint venture in India, by incorporating a separate company, to which the adhesives, construction chemicals and sealants business of Polygel would be transferred under a separate Business Transfer Agreement.Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.
The quarter ended March 2019 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 11531.60 millions.The Net Profit of the company registered a slight decline of -12.28% to Rs. 928.20 millions from Rs. 1058.10 millions.A decline of 1640.80 millions was observed in the OP in the quarter ended March 2019 from 1875.60 millions on QoQ basis. (Rs. in Million) Quarter ended Year to Date Year ended 201903 201803 % Var 201903 201803 % Var 201903 201803 % Var Sales 11531.60 11035.60 4.49 51736.20 47370.10 9.22 51736.20 47370.10 9.22 Other Income 144.50 186.30 -22.44 618.80 724.20 -14.55 618.80 724.20 -14.55 PBIDT 1640.80 1875.60 -12.52 8038.80 8621.90 -6.76 8038.80 8621.90 -6.76 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 1640.80 1875.60 -12.52 8038.80 8621.90 -6.76 8038.80 8621.90 -6.76 Depreciation 234.80 196.70 19.37 904.70 757.90 19.37 904.70 757.90 19.37 PBT 1406.00 1678.90 -16.25 7134.10 7864.00 -9.28 7134.10 7864.00 -9.28 TAX 477.80 620.80 -23.03 2460.60 2700.00 -8.87 2460.60 2700.00 -8.87 Deferred Tax 10.40 -150.10 -106.93 241.90 17.90 1251.40 241.90 17.90 1251.40 PAT 928.20 1058.10 -12.28 4673.50 5164.00 -9.50 4673.50 5164.00 -9.50 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 14.23 17.00 -16.28 15.54 18.20 -14.63 15.54 18.20 -14.63
The December 2018 quarter revenue stood at Rs. 13506.60 millions, up 17.96% as compared to Rs. 11450.10 millions during the corresponding quarter last year.A slender decline of -9.95% was recorded to Rs. 1127.00 millions from Rs. 1251.50 millions in the corresponding previous quarter.Operating profit for the quarter ended December 2018 decreased to 1968.10 millions as compared to 2120.00 millions of corresponding quarter ended December 2017. (Rs. in Million) Quarter ended Year to Date Year ended 201812 201712 % Var 201812 201712 % Var 201803 201703 % Var Sales 13506.60 11450.10 17.96 40204.60 36334.50 10.65 47370.10 45310.50 4.55 Other Income 198.40 197.60 0.40 474.30 537.90 -11.82 724.20 982.20 -26.27 PBIDT 1968.10 2120.00 -7.17 6398.00 6746.30 -5.16 8621.90 8289.10 4.01 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 1968.10 2120.00 -7.17 6398.00 6746.30 -5.16 8621.90 8289.10 4.01 Depreciation 235.10 193.70 21.37 669.90 561.20 19.37 757.90 694.90 9.07 PBT 1733.00 1926.30 -10.03 5728.10 6185.10 -7.39 7864.00 7594.20 3.55 TAX 606.00 674.80 -10.20 1982.80 2079.20 -4.64 2700.00 2534.80 6.52 Deferred Tax 86.70 71.40 21.43 231.50 168.00 37.80 17.90 83.20 -78.49 PAT 1127.00 1251.50 -9.95 3745.30 4105.90 -8.78 5164.00 5059.40 2.07 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 14.57 18.52 -21.30 15.91 18.57 -14.29 18.20 18.29 -0.51
Kansai Nerolac Paints is currently trading at Rs. 483.85, up by 4.00 points or 0.83% from its previous closing of Rs. 479.85 on the BSE.The scrip opened at Rs. 486.25 and has touched a high and low of Rs. 486.25 and Rs. 483.85 respectively. So far 694 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 608.00 on 29-Dec-2017 and a 52 week low of Rs. 343.40 on 23-Oct-2018.Last one week high and low of the scrip stood at Rs. 488.00 and Rs. 474.55 respectively. The current market cap of the company is Rs. 25860.06 crore.The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.47% and 9.54% respectively.Kansai Nerolac Paints has entered into Share Purchase Agreement (SPA) to acquire 100% equity stake in Perma Construction Aids for a total consideration of Rs 29.10 crore. The company is expanding its product portfolio in construction chemicals.The acquisition of Perma Construction Aids will increase its product offerings in construction chemicals business. Perma is a brand known for the quality of its products. This acquisition will help the company strengthen its existing portfolio.Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.
A fair growth of 11.12% in the revenue at Rs. 12938.80 millions was reported in the September 2018 quarter as compared to Rs. 11643.80 millions during year-ago period.The Company`s Net profit for the September 2018 quarter have declined marginally to Rs. 1219.90 millions as against Rs. 1446.30 millions reported during the corresponding quarter ended.The Operating Profit of the company witnessed a decrease to 2089.40 millions from 2354.80 millions. (Rs. in Million) Quarter ended Year to Date Year ended 201809 201709 % Var 201809 201709 % Var 201803 201703 % Var Sales 12938.80 11643.80 11.12 26698.00 24884.40 7.29 47370.10 45310.50 4.55 Other Income 139.90 141.60 -1.20 275.90 340.30 -18.92 724.20 982.20 -26.27 PBIDT 2089.40 2354.80 -11.27 4429.90 4626.30 -4.25 8621.90 8289.10 4.01 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 2089.40 2354.80 -11.27 4429.90 4626.30 -4.25 8621.90 8289.10 4.01 Depreciation 230.80 187.00 23.42 434.80 367.50 18.31 757.90 694.90 9.07 PBT 1858.60 2167.80 -14.26 3995.10 4258.80 -6.19 7864.00 7594.20 3.55 TAX 638.70 721.50 -11.48 1376.80 1404.40 -1.97 2700.00 2534.80 6.52 Deferred Tax 64.80 50.80 27.56 144.80 96.60 49.90 17.90 83.20 -78.49 PAT 1219.90 1446.30 -15.65 2618.30 2854.40 -8.27 5164.00 5059.40 2.07 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 16.15 20.22 -20.15 16.59 18.59 -10.75 18.20 18.29 -0.51
A minor change in the total revenue was seen in the June 2018 quarter. The total revenue for the quarter stood at Rs. 13759.20 millions against Rs. 13240.60 millions during year ago period.The Net Profit of the company registered a slight decline of -0.69% to Rs. 1398.40 millions from Rs. 1408.10 millions.Operating Profit saw a handsome growth to 2340.50 millions from 2271.50 millions in the quarter ended June 2018. (Rs. in Million) Quarter ended Year to Date Year ended 201806 201706 % Var 201806 201706 % Var 201803 201703 % Var Sales 13759.20 13240.60 3.92 13759.20 13240.60 3.92 47370.10 45310.50 4.55 Other Income 136.00 198.70 -31.56 136.00 198.70 -31.56 724.20 982.20 -26.27 PBIDT 2340.50 2271.50 3.04 2340.50 2271.50 3.04 8621.90 8289.10 4.01 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 2340.50 2271.50 3.04 2340.50 2271.50 3.04 8621.90 8289.10 4.01 Depreciation 204.00 180.50 13.02 204.00 180.50 13.02 757.90 694.90 9.07 PBT 2136.50 2091.00 2.18 2136.50 2091.00 2.18 7864.00 7594.20 3.55 TAX 738.10 682.90 8.08 738.10 682.90 8.08 2700.00 2534.80 6.52 Deferred Tax 80.00 45.80 74.67 80.00 45.80 74.67 17.90 83.20 -78.49 PAT 1398.40 1408.10 -0.69 1398.40 1408.10 -0.69 5164.00 5059.40 2.07 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 17.01 17.16 -0.85 17.01 17.16 -0.85 18.20 18.29 -0.51
The quarter ended March 2018 witnessed marginal change in the total revenue. The figure for the mentioned quarter is pegged at Rs. 11035.60 millions.Net profit declined -8.92% to Rs. 1058.10 millions from Rs. 1161.70 millions.The company reported a good operating profit of 1875.60 millions compared to 1872.30 millions of corresponding previous quarter. (Rs. in Million) Quarter ended Year to Date Year ended 201803 201703 % Var 201803 201703 % Var 201803 201703 % Var Sales 11035.60 10628.70 3.83 47370.10 45310.50 4.55 47370.10 45310.50 4.55 Other Income 186.30 231.10 -19.39 724.20 982.20 -26.27 724.20 982.20 -26.27 PBIDT 1875.60 1872.30 0.18 8621.90 8289.10 4.01 8621.90 8289.10 4.01 Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 PBDT 1875.60 1872.30 0.18 8621.90 8289.10 4.01 8621.90 8289.10 4.01 Depreciation 196.70 175.10 12.34 757.90 694.90 9.07 757.90 694.90 9.07 PBT 1678.90 1697.20 -1.08 7864.00 7594.20 3.55 7864.00 7594.20 3.55 TAX 620.80 535.50 15.93 2700.00 2534.80 6.52 2700.00 2534.80 6.52 Deferred Tax -150.10 41.50 -461.69 17.90 83.20 -78.49 17.90 83.20 -78.49 PAT 1058.10 1161.70 -8.92 5164.00 5059.40 2.07 5164.00 5059.40 2.07 Equity 538.90 538.90 0.00 538.90 538.90 0.00 538.90 538.90 0.00 PBIDTM(%) 17.00 17.62 -3.52 18.20 18.29 -0.51 18.20 18.29 -0.51
Kansai Nerolac Paints is currently trading at Rs. 504.30, up by 3.45 points or 0.69% from its previous closing of Rs. 500.85 on the BSE.The scrip opened at Rs. 501.25 and has touched a high and low of Rs. 504.30 and Rs. 501.20 respectively. The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 608.00 on 29-Dec-2017 and a 52 week low of Rs. 375.55 on 07-Apr-2017.Last one week high and low of the scrip stood at Rs. 511.95 and Rs. 496.65 respectively. The current market cap of the company is Rs. 27,177.00 crore.The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.58% and 9.43% respectively.Kansai Nerolac Paints has completed the formalities for acquisition of the equity stake and has acquired the 100% equity share holding of Marpol. Earlier, the company had entered into Share Purchase Agreements (SPAs) to acquire 100% equity stake in Marpol for an aggregate consideration of Rs 36 crore.Marpol is a pioneer in powder coating business and its brand is very reputed. It manufactures products such as epoxy polyester, pure polyester, pure epoxy and polyurethane powder.Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.
Kansai Nerolac Paints is currently trading at Rs. 500.15, up by 0.95 points or 0.19% from its previous closing of Rs. 499.20 on the BSE.The scrip opened at Rs. 507.75 and has touched a high and low of Rs. 507.75 and Rs. 498.10 respectively. So far 1115 shares were traded on the counter.The BSE group `A` stock of face value Rs. 1 has touched a 52 week high of Rs. 608.00 on 29-Dec-2017 and a 52 week low of Rs. 374.50 on 05-Apr-2017.Last one week high and low of the scrip stood at Rs. 511.95 and Rs. 496.65 respectively. The current market cap of the company is Rs. 26945.99 crore.The promoters holding in the company stood at 74.99%, while Institutions and Non-Institutions held 15.58% and 9.43% respectively.Kansai Nerolac Paints has entered into Share Purchase Agreements (SPAs) to acquire 100% equity stake in Marpol for an aggregate consideration of Rs 36 crore before adjustments due to legal and financial due diligence.Marpol is a pioneer in powder coating business and its brand is very reputed. It manufactures products such as epoxy polyester, pure polyester, pure epoxy and polyurethane powder.Kansai Nerolac Paints is amongst the leading paint companies in India. The company offers a range of products, including decorative, Automotive Coatings and Performance coatings.