Comparison · NSE · data 2026-11-02
Carborundum Universal Limited vs Kansai Nerolac Paints Limited
In plain words
Size: Carborundum Universal Limited is about 1.4 times the market value of Kansai Nerolac Paints Limited.
Valuation (P/E): Carborundum Universal Limited 98.3 vs Kansai Nerolac Paints Limited 24.2.
Return on equity: Kansai Nerolac Paints Limited 9% vs Carborundum Universal Limited 5.2%.
Profit growth over 3 years: Kansai Nerolac Paints Limited 7.6% a year vs Carborundum Universal Limited -22.2% a year.
Debt to equity: Carborundum Universal Limited 0.11 vs Kansai Nerolac Paints Limited 0.05.
Differences in the numbers, not a recommendation of either stock.
Side by side
| CARBORUNIV | KANSAINER | |
|---|---|---|
| Price | ₹1,080.4 | ₹179.94 |
| Market cap | ₹19,648 cr | ₹14,272 cr |
| P/E | 98.3 | 24.2 |
| P/B | — | — |
| ROE | 5.2% | 9.0% |
| ROCE | 8.4% | 10.8% |
| Debt / equity | 0.11 | 0.05 |
| Operating margin | 6.3% | 9.2% |
| Dividend yield | 0.39% | 1.42% |
| Sales growth, 3 years (yearly) | 3.8% | 2.2% |
| Profit growth, 3 years (yearly) | -22.2% | 7.6% |
| 1-year return | 17.8% | -28.2% |
| Revenue, last 12 months | ₹5,414 cr | ₹8,263 cr |
| Net profit, last 12 months | ₹209 cr | ₹600 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹76 cr | ₹232 cr |
| Quarter profit vs a year earlier | +23.4% | +4.8% |
| Promoter holding | 38.84% | 74.95% |
| Health check | Weak (3.8/10) | Average (4.7/10) |
Common questions
Which has a higher P/E, Carborundum Universal Limited or Kansai Nerolac Paints Limited?
Carborundum Universal Limited trades at the higher P/E (98.3 against 24.2). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
Kansai Nerolac Paints Limited (9.0% against 5.2%).
Which carries more debt?
Carborundum Universal Limited has the higher debt-to-equity ratio (0.11 against 0.05).