Agencies Securities has buy call on Kansai Nerolac Paints with a target price of Rs 613. The current market price of is Rs 499.1. Time period given by analyst is one year when . price can reach defined target.
Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 26940.60 Crore) operating in Building Materials sector.
Kansai Nerolac Paints Ltd. key Products/Revenue Segments include Paints, Enamels, Varnishes, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2056.20 Crore, up 33.90 % from last quarter Total Income of Rs 1535.63 Crore and up 45.55 % from last year same quarter Total Income of Rs 1412.70 Crore. Company reported net profit after tax of Rs 152.05 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 74.99 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.28 per cent, DIIs 13.39 per cent.
Kansai Nerolac Paints Ltd., incorporated in the year 1920, is a Large Cap company (having a market cap of Rs 26940.60 Crore) operating in Building Materials sector.
Kansai Nerolac Paints Ltd. key Products/Revenue Segments include Paints, Enamels, Varnishes, Other Operating Revenue and Scrap for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 2056.20 Crore, up 33.90 % from last quarter Total Income of Rs 1535.63 Crore and up 45.55 % from last year same quarter Total Income of Rs 1412.70 Crore. Company reported net profit after tax of Rs 152.05 Crore in latest quarter.
Promoter/FII Holdings
Promoters held 74.99 per cent stake in the company as of 30-Jun-2022, while FIIs owned 3.28 per cent, DIIs 13.39 per cent.
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