FrontPage is India's Stock Market Social Network
Join 50,000+ Traders and Investors

KANSAINER Consensus Forecast

No. of reports in last year
10
No. of analysts
3
Average Consensus Forecast
522.5
Consensus Potential
13.06%

KANSAINER Price Target Potential

BrokerageTargetPotential
Prabhudas Lilladher4877.69%
ICICIdirect.com54517.51%
Kotak Securities50010.09%

KANSAINER Targets in FrontPage Forums

0 Users have submitted 0 trade ideas of Rs. 0 for KANSAINER
0% Bullish
0% Bearish
See buy or sell ideas on FrontPage Forums >>

KANSAINER Ratings

Long term KANSAINER rating by FrontPage users
4.1/5 (7 Ratings)

10 KANSAINER share price target reports by brokerages below. See what is analyst's view on KANSAINER share price forecast, rating, estimates, valuation and prediction behind the target. You may use these research report forecasts for long-term to medium term for your investment or trades in 2020.
  1. Home
  2. KANSAINER Forum
  3. KANSAINER Price Target

KANSAINER Share Price Target

KANSAINER Share Price Target - Broker Reports - 2020

18-Jun-20
Price @ Call: 388.37
Target: 487
BUY
8-May-20
Price @ Call: 367.78
Target: 486
BUY
4-Feb-20
Price @ Call: 507
Target: 545
HOLD
We model volume CAGR of 8% in FY19-22E led by decorative paint segment. We believe that despite better EBITDA margins (due to benign raw material prices) near term pressure in volume growth owing to economic slowdown would weigh on valuations. We revise our rating from BUY to HOLD with a revised target price Rs 545/share.
... Read more

KANSAINER Share Price Target - Broker Reports - 2019

4-Nov-19
Price @ Call: 537.7
Target: 620
BUY
We model revenue CAGR of 10% led by ~9% volume CAGR in FY19-21E led by decorative paint segment. Better gross margin coupled with saving through transition to new corporate rate tax wold drive profitability for KNL. We maintain our target price and BUY recommendation on the stock.
... Read more
1-Nov-19
Price @ Call: 557.13
Target: 548
ACCUMULATE
We increase our FY20 and FY21 EPS by 8.3% and 2.9% respectively mainly led by one-time deferred tax benefit in FY20. We estimate 10.7% sales CAGR over FY19-22 with 5.1% sales growth in FY20 with double digit volume growth in Decorative paints and double digit volume decline in Automotive paints. We estimate 17.6% Adj. PAT CAGR over FY19-22 (12.5% PBT CAGR) and value the stock at 41xSept21 EPS of Rs12.2 to arrive at a target price of Rs548 (earlier 507 at 40xJune21). Retain Accumulate.
... Read more
18-Oct-19
Price @ Call: 524.5
Target: 620
BUY
Increasing urbanisation, higher rural income levels and a brief repainting cycle have been the main reason for sustainable decorative paints demand. This coupled with social schemes such as Housing for All and better monsoons (would help in improving rural income) would be a strong trigger for the paint industry. We believe, strong revenue earning CAGR of 16% and 20% in FY19-21E supported by recent corporate tax rate cut. .Given the strong balance sheet, zero debt on the books, higher operating margins and sustainable free cash flows, we expect return ratios to remain at elevated level in FY19-21E. We maintain our BUY rating on stock.
... Read more
21-Aug-19
Price @ Call: 466.31
Target: 500
ADD
Reduction in GST rate from 28% to 18%, correction in crude prices leading to correction in raw material prices, spending by government, increasing disposable income leading to strong growth in the decorative segment and stability in the industrial segment would drive the revenues and earnings of paint companies going forward, including KNPL. Maintain ADD with a TP of Rs 500 (from Rs 470) at 43x FY21E earnings.
... Read more
31-Jul-19
Price @ Call: 428.02
Target: 470
HOLD
We model revenue CAGR of 13% led by ~9% volume CAGR in FY19-21E led by decorative paint segment. Price hikes coupled with a favourable mix would lead to an expansion in EBITDA margin from FY19 onwards. We maintain our HOLD recommendation on the stock with a revised target price of Rs 470/share.
... Read more
30-Jul-19
Price @ Call: 431.65
Target: 470
ADD
Consequently, we increase our EPS forecast by 2/3% for FY20E and FY21E numbers and assign a higher PE multiple to the stock. Recommend ADD (from Reduce) with a TP of Rs 470 (from Rs 425) at 40x FY21E earnings (increased from 37x). Multiple of 40x is the average one year forward PE for KNPL for the last 3 years and at 20% discount to market leader Asian Paints.
... Read more
30-Jul-19
Price @ Call: 431.65
Target: 479
ACCUMULATE
Decorative paints save the show; Auto paints near term drag
We adjust the numbers for IndAS 116 only and estimate CAGR of 13.5% in volumes, 11.7% in revenues and 15.6% in PAT over FY19-21. Kansai is trading at 37.4xFY21 EPS. We value the stock at 40xJune21 EPS of Rs12 and arrive at a target price of Rs479 (earlier 464 at 40xFY21). We believe current scenario provides an opportunity to accumulate stock for medium to long term gains, although returns will be back ended. Retain Accumulate.
... Read more
6-May-19
Price @ Call: 435
Target: 393
SELL
Kansai’s results were lower than our estimates. Revenue rose a mere 4.5% YoY to Rs 11.5bn – subdued performance after seven quarters of double digit growth. The decorative segment volume growth was in high single digit, but industrial segment fell 5% due to automobile industry slowdown. Given continued pressure in auto sales volume, we believe the industrial segment will continue to be impacted. We have revised our FY20E and FY21E revenue estimates to factor in lower growth in the automotive business. Valuing the stock at 32x FY21E EPS (25% discount to APL) to arrive at a TP of Rs 393; Downgrade to Sell
... Read more
3-May-19
Price @ Call: 409
Target: 455
HOLD
We cut our revenue estimate by 5.6%, 9.1% for FY20E and FY21E, respectively. We model revenue CAGR of 13% led by ~10% volume CAGR in FY19-21E (largely driven by decorative paint segment while industrial segment to grow at moderate rate). Price hikes (at regular intervals) coupled with a favourable mix would lead expansion in EBITDA margin from FY19 onwards. We value KNL at 40x FY21E earnings and cut our target price from | 480 to Rs 455. We revise our rating from BUY to HOLD.
... Read more
1-Feb-19
Price @ Call: 440.75
Target: 460
ADD
31-Jan-19
Price @ Call: 429.25
Target: 480
BUY
30-Jan-19
Price @ Call: 428
Target: 498
BUY
Kansai has commissioned industrial paint unit in Gujarat and is expected to start decorative paints unit in Punjab IN June’19 which will support volume growth. We estimate CAGR of 12.7% in volumes, 14.6% in revenues and 10.7% in PAT over FY19-21. Kansai is currently trading at 40.7xFY20 EPS and 33.7xFY21 EPS. We rollover and value the stock at 40xDec20 EPS of Rs12.5 and arrive at a target price of Rs501 (Rs474 earlier). We believe current input cost scenario provides an opportunity to accumulate stock for medium to long term gains. Retain Accumulate.
... Read more
9-Jan-19
Price @ Call: 455.99
Target: 520
BUY

KANSAINER Share Price Target - Broker Reports - 2018

24-Oct-18
Price @ Call: 365
Target: 485
BUY
23-Oct-18
Price @ Call: 390
Target: 390
HOLD
22-Oct-18
Price @ Call: 416
Target: 474
ACCUMULATE
23-Jul-18
Price @ Call: 475.6
Target: 549
ACCUMULATE
23-Jul-18
Price @ Call: 475.6
Target: 515
BUY
23-Jul-18
Price @ Call: 475.6
Target: 600
BUY
4-May-18
Price @ Call: 508.09
Target: 550
HOLD
30-Apr-18
Price @ Call: 495.52
Target: 600
BUY
9-Apr-18
Price @ Call: 501.6
Target: 600
BUY
27-Feb-18
Price @ Call: 484.85
Target: 600
BUY
23-Jan-18
Price @ Call: 508.85
Target: 600
BUY
22-Jan-18
Price @ Call: 527.6
Target: 590
BUY
20-Jan-18
Price @ Call: 531.01
Target: 543
ACCUMULATE
16-Jan-18
Price @ Call: 550.7
Target: 600
ACCUMULATE

KANSAINER Share Price Target - Broker Reports - 2017

16-Oct-17
Price @ Call: 487.78
Target: 520
BUY
18-Oct-17
Price @ Call: 490.85
Target: 540
BUY
20-Jul-17
Price @ Call: 448
Target: 495
BUY
24-Jul-17
Price @ Call: 452
Target: 515
BUY
3-May-17
Price @ Call: 399
Target: 445
BUY
2-Feb-17
Price @ Call: 353
Target: 415
BUY

KANSAINER Share Price Target - Broker Reports - 2016

28-Apr-16
Price @ Call: 291
Target: 296
ACCUMULATE
19-Oct-16
Price @ Call: 381.2
Target: 500
BUY
1-Aug-16
Price @ Call: 350
Target: 400
BUY
9-Sep-16
Price @ Call: 377.05
Target: 415
BUY
Join FrontPage
FrontPage is India's favorite stock discussions community
Join 50,000 Indian traders and discuss trades, strategies, news & views on any stock.
  • KANSAINER Share Price Target Today- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3497.5
    Upside Target 2481.9
    Upside Target 1472.25
    Pivot456.65
    Downside Target 1447
    Downside Target 2431.4
    Downside Target 3421.75
  • KANSAINER Share Price Target weekly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3591.08
    Upside Target 2534.87
    Upside Target 1497.28
    Pivot441.07
    Downside Target 1403.48
    Downside Target 2347.27
    Downside Target 3309.68
  • KANSAINER Share Price Target monthly- Technical Pivot Points (Classic)

    keyboard_arrow_down
    Upside Target 3605.95
    Upside Target 2542.3
    Upside Target 1494.35
    Pivot430.7
    Downside Target 1382.75
    Downside Target 2319.1
    Downside Target 3271.15
  • KANSAINER Share Price Target today- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3481.9
    Upside Target 2472.25
    Upside Target 1466.3
    Pivot456.65
    Downside Target 1447
    Downside Target 2441.05
    Downside Target 3431.4
  • KANSAINER Share Price Target weekly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3534.87
    Upside Target 2499.04
    Upside Target 1476.9
    Pivot441.07
    Downside Target 1405.24
    Downside Target 2383.1
    Downside Target 3347.27
  • KANSAINER Share Price Target monthly- Technical Pivot Points (Fibonacci)

    keyboard_arrow_down
    Upside Target 3542.3
    Upside Target 2499.67
    Upside Target 1473.33
    Pivot430.7
    Downside Target 1388.07
    Downside Target 2361.73
    Downside Target 3319.1
SOURCE: Data from D'Market via Quandl. Intraday data delayed 15 minutes.
DISCLAIMER: Information is provided "as is" and solely for informational purposes, not for trading purposes or advice, and may be delayed. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and FrontPage will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein.
PrivacyTerms
FrontPage © 2020