Kansai Nerolac Paints Limited
Kansai Nerolac Paints Limited manufactures and supplies paints, varnishes, enamels, and lacquers in India. It offers 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, … Read more
Kansai Nerolac Paints Limited (KANSAINER) - Net Assets
Latest net assets as of September 2025: ₹64.53 Billion INR
Based on the latest financial reports, Kansai Nerolac Paints Limited (KANSAINER) has net assets worth ₹64.53 Billion INR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (₹83.39 Billion) and total liabilities (₹18.86 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | ₹64.53 Billion |
| % of Total Assets | 77.38% |
| Annual Growth Rate | 15.71% |
| 5-Year Change | 56.62% |
| 10-Year Change | 178.23% |
| Growth Volatility | 8.72 |
Kansai Nerolac Paints Limited - Net Assets Trend (2005–2025)
This chart illustrates how Kansai Nerolac Paints Limited's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Kansai Nerolac Paints Limited (2005–2025)
The table below shows the annual net assets of Kansai Nerolac Paints Limited from 2005 to 2025.
| Year | Net Assets | Change |
|---|---|---|
| 2025-03-31 | ₹64.04 Billion | +14.39% |
| 2024-03-31 | ₹55.99 Billion | +22.77% |
| 2023-03-31 | ₹45.60 Billion | +9.85% |
| 2022-03-31 | ₹41.52 Billion | +1.52% |
| 2021-03-31 | ₹40.89 Billion | +8.12% |
| 2020-03-31 | ₹37.82 Billion | +10.06% |
| 2019-03-31 | ₹34.36 Billion | +9.14% |
| 2018-03-31 | ₹31.49 Billion | +11.27% |
| 2017-03-31 | ₹28.30 Billion | +22.93% |
| 2016-03-31 | ₹23.02 Billion | +43.29% |
| 2015-03-31 | ₹16.06 Billion | +12.38% |
| 2014-03-31 | ₹14.29 Billion | +10.81% |
| 2013-03-31 | ₹12.90 Billion | +21.34% |
| 2012-03-31 | ₹10.63 Billion | +16.04% |
| 2011-03-31 | ₹9.16 Billion | +18.55% |
| 2010-03-31 | ₹7.73 Billion | +16.56% |
| 2009-03-31 | ₹6.63 Billion | +8.22% |
| 2008-03-31 | ₹6.13 Billion | +15.04% |
| 2007-03-31 | ₹5.33 Billion | +24.02% |
| 2006-03-31 | ₹4.29 Billion | +24.10% |
| 2005-03-31 | ₹3.46 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Kansai Nerolac Paints Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 5841880000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | ₹58.42 Billion | 90.95% |
| Common Stock | ₹808.40 Million | 1.26% |
| Other Comprehensive Income | ₹4.99 Billion | 7.76% |
| Other Components | ₹18.80 Million | 0.03% |
| Total Equity | ₹64.23 Billion | 100.00% |
Kansai Nerolac Paints Limited Competitors by Market Cap
The table below lists competitors of Kansai Nerolac Paints Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
DINGDONG CAYMAN 2ADR/3 A
F:945
|
$403.88 Million |
|
Better Collective
ST:BETCO
|
$403.96 Million |
|
Shyft Group Inc
NASDAQ:SHYF
|
$403.98 Million |
|
Shanghai Wondertek Software Co Ltd
SHG:603189
|
$403.99 Million |
|
Cars.com Inc
NYSE:CARS
|
$403.74 Million |
|
Top Energy Shanxi Co Ltd
SHG:600780
|
$403.69 Million |
|
Sinomach Automobile Co Ltd
SHG:600335
|
$403.62 Million |
|
Grupo Profuturo S.A.B. de C.V
MX:GPROFUT
|
$403.53 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Kansai Nerolac Paints Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 55,825,600,000 to 64,231,600,000, a change of 8,406,000,000 (15.1%).
- Net income of 11,429,500,000 contributed positively to equity growth.
- Dividend payments of 3,031,400,000 reduced retained earnings.
- Other comprehensive income increased equity by 21,999,999.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | ₹11.43 Billion | +17.79% |
| Dividends Paid | ₹3.03 Billion | -4.72% |
| Other Comprehensive Income | ₹22.00 Million | +0.03% |
| Other Changes | ₹-14.10 Million | -0.02% |
| Total Change | ₹- | 15.06% |
Book Value vs Market Value Analysis
This analysis compares Kansai Nerolac Paints Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.19x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 38.42x to 2.19x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2005-03-31 | ₹4.52 | ₹173.72 | x |
| 2006-03-31 | ₹5.11 | ₹173.72 | x |
| 2007-03-31 | ₹6.40 | ₹173.72 | x |
| 2008-03-31 | ₹7.41 | ₹173.72 | x |
| 2009-03-31 | ₹8.20 | ₹173.72 | x |
| 2010-03-31 | ₹9.56 | ₹173.72 | x |
| 2011-03-31 | ₹11.33 | ₹173.72 | x |
| 2012-03-31 | ₹13.15 | ₹173.72 | x |
| 2013-03-31 | ₹15.92 | ₹173.72 | x |
| 2014-03-31 | ₹17.64 | ₹173.72 | x |
| 2015-03-31 | ₹19.81 | ₹173.72 | x |
| 2016-03-31 | ₹28.40 | ₹173.72 | x |
| 2017-03-31 | ₹34.82 | ₹173.72 | x |
| 2018-03-31 | ₹38.75 | ₹173.72 | x |
| 2019-03-31 | ₹42.26 | ₹173.72 | x |
| 2020-03-31 | ₹46.52 | ₹173.72 | x |
| 2021-03-31 | ₹50.14 | ₹173.72 | x |
| 2022-03-31 | ₹51.12 | ₹173.72 | x |
| 2023-03-31 | ₹56.04 | ₹173.72 | x |
| 2024-03-31 | ₹69.00 | ₹173.72 | x |
| 2025-03-31 | ₹79.35 | ₹173.72 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Kansai Nerolac Paints Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 17.79%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 14.61%
- • Asset Turnover: 0.95x
- • Equity Multiplier: 1.28x
- Recent ROE (17.79%) is below the historical average (19.13%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2005 | 27.37% | 10.97% | 1.33x | 1.87x | ₹601.12 Million |
| 2006 | 29.44% | 12.05% | 1.31x | 1.86x | ₹803.07 Million |
| 2007 | 19.73% | 7.89% | 1.48x | 1.69x | ₹503.00 Million |
| 2008 | 19.55% | 8.36% | 1.38x | 1.69x | ₹571.52 Million |
| 2009 | 15.29% | 7.26% | 1.29x | 1.64x | ₹350.62 Million |
| 2010 | 21.42% | 9.70% | 1.33x | 1.66x | ₹882.19 Million |
| 2011 | 22.48% | 9.63% | 1.45x | 1.61x | ₹1.14 Billion |
| 2012 | 20.31% | 8.35% | 1.52x | 1.60x | ₹1.10 Billion |
| 2013 | 22.78% | 10.53% | 1.33x | 1.62x | ₹1.64 Billion |
| 2014 | 14.59% | 6.73% | 1.36x | 1.60x | ₹653.88 Million |
| 2015 | 17.11% | 7.85% | 1.47x | 1.48x | ₹1.14 Billion |
| 2016 | 38.91% | 23.71% | 1.14x | 1.44x | ₹6.64 Billion |
| 2017 | 18.08% | 12.59% | 1.11x | 1.29x | ₹2.27 Billion |
| 2018 | 16.42% | 11.07% | 1.12x | 1.32x | ₹2.01 Billion |
| 2019 | 13.25% | 8.37% | 1.20x | 1.32x | ₹1.11 Billion |
| 2020 | 13.86% | 9.90% | 1.08x | 1.30x | ₹1.45 Billion |
| 2021 | 13.07% | 10.47% | 0.91x | 1.37x | ₹1.24 Billion |
| 2022 | 8.68% | 5.71% | 1.10x | 1.38x | ₹-543.62 Million |
| 2023 | 10.45% | 6.28% | 1.20x | 1.39x | ₹202.10 Million |
| 2024 | 21.23% | 15.20% | 1.05x | 1.33x | ₹6.27 Billion |
| 2025 | 17.79% | 14.61% | 0.95x | 1.28x | ₹5.01 Billion |
Industry Comparison
This section compares Kansai Nerolac Paints Limited's net assets metrics with peer companies in the Specialty Chemicals industry.
Industry Context
- Industry: Specialty Chemicals
- Average net assets among peers: $2,571,777,102
- Average return on equity (ROE) among peers: 15.48%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Kansai Nerolac Paints Limited (KANSAINER) | ₹64.53 Billion | 27.37% | 0.29x | $403.81 Million |
| Aarti Industries Limited (AARTIIND) | $8.75 Billion | 18.56% | 2.05x | $1.01 Billion |
| Aarti Surfactants Limited (AARTISURF) | $2.18 Billion | 9.78% | 0.94x | $15.14 Million |
| ABM International Limited (ABMINTLLTD) | $214.51 Million | 3.09% | 0.89x | $294.24K |
| ACUTAAS CHEMICALS LTD (ACUTAAS) | $5.94 Billion | 14.02% | 0.29x | $247.08K |
| Advanced Enzyme Technologies Limited (ADVENZYMES) | $984.09 Million | 34.30% | 2.55x | $95.16 Million |
| Agarwal Industrial Corporation Limited (AGARIND) | $739.40 Million | 9.29% | 0.98x | $26.89 Million |
| Alkali Metals Limited (ALKALI) | $513.80 Million | 2.54% | 0.73x | $1.88 Million |
| Alkyl Amines Chemicals Limited (ALKYLAMINE) | $3.79 Billion | 22.71% | 1.01x | $204.91 Million |
| Ami Organics Limited (AMIORG) | $107.73 Million | 26.58% | 2.59x | $704.27 Million |
| Anupam Rasayan India Limited (ANURAS) | $2.50 Billion | 13.94% | 1.53x | $318.75 Million |