Kansai Nerolac Paints Ltd is one of India’s leading paint companies, known for its high-quality products and innovative solutions. Established in 1920, the company specializes in decorative paints, industrial coatings, and protective finishes. It serves a wide range of industries, including automotive, construction, and home décor. Kansai Nerolac Share Price on NSE as of 3 December 2024 is 282.10 INR. Here will provide you more details on Kansai Nerolac Share Price Target 2024, 2025, 2026 to 2030.
Kansai Nerolac Paints Ltd: Market Overview
- Open Price: ₹278.00
- High Price: ₹286.50
- Low Price: ₹274.90
- Previous Close: ₹276.60
- Volume: 239,992
- Value (Lacs): ₹677.38
- VWAP: ₹280.06
- UC Limit: ₹331.90
- LC Limit: ₹221.30
- P/E ratio: 36.57
- Div yield: 0.89%
- 52-wk high: ₹357.30
- 52-wk low: ₹251.85
- Mkt cap: ₹22.81KCr
- Face Value: ₹1
Kansai Nerolac Share Price Chart
Kansai Nerolac Share Price Target Tomorrow 2024 To 2030
Kansai Nerolac Share Price Target Years | Share Price Target |
2024 | ₹360 |
2025 | ₹405 |
2026 | ₹490 |
2027 | ₹570 |
2028 | ₹638 |
2029 | ₹715 |
2030 | ₹780 |
Kansai Nerolac Share Price Target 2024
Kansai Nerolac share price target 2024 Expected target could be ₹360. Here are four key factors that could affect Kansai Nerolac Paints Ltd’s share price target in 2024:
- Growth in Real Estate and Infrastructure: Rising construction activities and real estate developments in India could drive demand for decorative and industrial paints, boosting Kansai Nerolac’s revenue.
- Focus on Eco-Friendly Products: The company’s emphasis on creating sustainable, low-VOC, and eco-friendly paints aligns with growing consumer preferences and regulatory standards, giving it a competitive edge.
- Automotive Sector Recovery: An uptick in the automotive industry, where Kansai Nerolac is a leading supplier of coatings, can significantly contribute to its growth in revenue and profitability.
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Market Penetration in Rural Areas: Expanding its reach into untapped rural markets with affordable and innovative products could help Kansai Nerolac capture a larger customer base and enhance sales.
Kansai Nerolac Share Price Target 2025
Kansai Nerolac share price target 2025 Expected target could be ₹405. Here are four key factors that could affect Kansai Nerolac Paints Ltd’s share price target in 2025:
- Continued Urbanization and Infrastructure Development: Ongoing urban growth and infrastructure projects, including smart cities and large-scale construction, will likely increase demand for both decorative and industrial coatings, positively impacting sales.
- Innovation in Product Range: Introducing new, innovative products such as advanced coatings for specific sectors (like automotive and industrial machinery) and more eco-friendly options can help Kansai Nerolac stay competitive and attract new customers.
- Brand Strengthening and Marketing: Effective marketing strategies and brand-building activities can enhance customer loyalty and expand the company’s presence, especially in emerging markets, boosting long-term growth.
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Expanding Global Footprint: Strengthening its presence in international markets, particularly in the Asia-Pacific region, will provide new growth avenues and diversify the company’s revenue streams.
Kansai Nerolac Share Price Target 2030
Kansai Nerolac share price target 2030 Expected target could be ₹780. Here are four risks and challenges that could impact Kansai Nerolac Paints Ltd’s share price target in 2030:
- Fluctuating Raw Material Costs: Rising prices of key raw materials, such as petrochemicals and pigments, could increase production costs, squeezing margins and affecting profitability, especially if the company can’t pass on costs to consumers.
- Intense Competition: The paint industry is highly competitive, with both established players and new entrants constantly vying for market share. If Kansai Nerolac fails to differentiate itself or maintain its market position, its growth prospects could be impacted.
- Regulatory and Environmental Challenges: Increasing regulations on environmental sustainability, such as restrictions on VOC emissions, may require significant investments in R&D and product adaptation, potentially impacting profitability and operations.
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Economic Volatility: Economic slowdowns, inflation, or geopolitical instability could reduce consumer spending on discretionary products like paints, affecting demand in key markets and impacting sales growth.
Shareholding Pattern For Kansai Nerolac Paints Ltd
- Promoters: 74.99%
- Retail and others: 9.17%
- DII: 8.27%
- FII: 5.56%
- Mutual Funds: 2.01%
Kansai Nerolac Paints Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 78.01B | 3.43% |
Operating expense | 19.01B | 17.08% |
Net income | 11.85B | 150.31% |
Net profit margin | 15.20 | 142.04% |
Earnings per share | 8.37 | 39.19% |
EBITDA | 9.90B | 25.75% |
Effective tax rate | 24.68% | — |
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