Akzo Nobel India Ltd
AKZOINDIAAkzo Nobel India Ltd
AKZOINDIA
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 38.16 | 12.48 | 1.78% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 29.26 | 3.32 | 1.39% |
Forecast & Ratings
Detailed Forecast from 2 analysts
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Akzo Nobel India Limited is engaged in manufacturing of paints, varnishes, enamels or lacquers, organic and inorganic chemical compounds. The Company operates through two segments: Coatings and Others.
Investor Presentation
View olderPeers
Compare with peersGujarat Fluorochemicals Ltd
Vinati Organics Ltd
Navin Fluorine International Ltd
Aarti Industries Ltd
Fine Organic Industries Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
All values in ₹
All values in ₹
Revenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
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Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 2,706.70 | 2,638.10 | 2,960.00 | 2,961.30 | 2,702.90 | 2,444.60 | 3,173.30 | 3,829.50 | 3,997.40 | 4,062.20 | ||||||||||
Raw Materials | 1,480.60 | 1,405.20 | 1,501.60 | 1,705.50 | 1,468.40 | 1,339.90 | 1,968.60 | 2,282.80 | 2,217.60 | 3,378.30 | ||||||||||
| Power & Fuel Cost | 17.40 | 14.50 | 15.70 | 17.20 | 15.80 | 12.70 | 16.60 | 17.30 | 17.70 | |||||||||||
| Employee Cost | 236.00 | 248.60 | 280.20 | 265.60 | 264.50 | 251.80 | 264.00 | 301.10 | 328.10 | |||||||||||
| Selling & Administrative Expenses | 458.00 | 497.30 | 506.90 | 486.80 | 422.60 | 349.80 | 409.80 | 467.30 | 510.30 | |||||||||||
| Operating & Other expenses | 144.60 | 78.40 | 116.30 | 100.90 | 120.10 | 126.40 | 57.10 | 208.50 | 255.90 | |||||||||||
EBITDA | 370.10 | 394.10 | 539.30 | 385.30 | 411.50 | 364.00 | 457.20 | 552.50 | 667.80 | 683.90 | ||||||||||
| Depreciation/Amortization | 53.70 | 54.30 | 58.20 | 65.20 | 79.00 | 75.50 | 75.90 | 82.50 | 82.30 | 88.90 | ||||||||||
| PBIT | 316.40 | 339.80 | 481.10 | 320.10 | 332.50 | 288.50 | 381.30 | 470.00 | 585.50 | 595.00 | ||||||||||
| Interest & Other Items | 2.20 | 3.20 | 3.50 | 4.50 | 9.30 | 10.30 | 14.50 | 14.10 | 12.50 | 10.40 | ||||||||||
| PBT | 314.20 | 336.60 | 477.60 | 315.60 | 323.20 | 278.20 | 366.80 | 455.90 | 573.00 | 584.60 | ||||||||||
| Taxes & Other Items | 100.00 | 89.60 | 77.50 | 104.60 | 85.80 | 70.60 | 76.70 | 120.80 | 146.40 | 149.60 | ||||||||||
| Net Income | 214.20 | 247.00 | 400.10 | 211.00 | 237.40 | 207.60 | 290.10 | 335.10 | 426.60 | 435.00 | ||||||||||
| EPS | 45.91 | 52.94 | 85.75 | 45.77 | 52.13 | 45.59 | 63.70 | 73.58 | 93.68 | 95.52 | ||||||||||
| DPS | 70.00 | 22.00 | 22.00 | 24.00 | 14.00 | 50.00 | 75.00 | 65.00 | 65.00 | 75.00 | ||||||||||
| Payout ratio | 1.52 | 0.42 | 0.26 | 0.52 | 0.27 | 1.10 | 1.18 | 0.88 | 0.69 | 0.79 |
Company Updates
Peers & Comparison
MaterialsSpecialty Chemicals
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Akzo Nobel India Ltd | 38.91 | 12.48 | 1.78% |
| Gujarat Fluorochemicals Ltd | 97.93 | 7.18 | 0.08% |
| Vinati Organics Ltd | 56.92 | 7.47 | 0.39% |
| Navin Fluorine International Ltd | 61.19 | 6.95 | 0.45% |
Price Comparison
Compare AKZOINDIA with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Total Retail Holding
In last 3 months, retail holding in the company has almost stayed constant
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Mutual Fund Holding
In last 3 months, mutual fund holding of the company has almost stayed constant
Top 5 Mutual Funds holding Akzo Nobel India Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
Aditya Birla Sun Life Frontline Equity Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.9568% | Percentage of the fund’s portfolio invested in the stock 1.11% | Change in the portfolio weight of the stock over the last 3 months 0.38% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 22/98 (+5) |
Tata Small Cap Fund-Direct Plan-Growth Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.7624% | Percentage of the fund’s portfolio invested in the stock 1.34% | Change in the portfolio weight of the stock over the last 3 months 0.32% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 34/58 (+5) |
Tata Large & Mid Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 0.4821% | Percentage of the fund’s portfolio invested in the stock 0.95% | Change in the portfolio weight of the stock over the last 3 months 0.30% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 41/58 (-2) |
Compare 3-month MF holding change on Screener
Hmm, looks like there hasn't been any net deal activity in the last 6 monthssmallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Trend In Dividends
AKZOINDIA has shown inconsistent dividend trend over the last 5 years
Dividend Yield
Current dividend yield is 1.78%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹17.83 every year
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 19, 2024
Dividend/Share
₹70.00
Ex DateEx Date
Nov 19, 2024
Cash Dividend
Ex DateEx DateJul 25, 2024
Dividend/Share
₹25.00
Ex DateEx Date
Jul 25, 2024
Cash Dividend
Ex DateEx DateFeb 16, 2024
Dividend/Share
₹50.00
Ex DateEx Date
Feb 16, 2024
Cash Dividend
Ex DateEx DateJul 27, 2023
Dividend/Share
₹40.00
Ex DateEx Date
Jul 27, 2023
Cash Dividend
Ex DateEx DateFeb 21, 2023
Dividend/Share
₹25.00
Ex DateEx Date
Feb 21, 2023
Akzo Nobel India has fixed 20 November 2024 as record date for interim dividend of Rs 70 per share for FY 2025. Powered by Capital Market - Live
Akzo Nobel India announced that the Board of Directors of the Company at its meeting held on 7 November 2024, inter alia, have recommended the interim dividend of Rs 70 per equity Share (i.e. 700%) , subject to the approval of the shareholders.Powered by Capital Market - Live
Net profit of Akzo Nobel India rose 3.93% to Rs 97.90 crore in the quarter ended September 2024 as against Rs 94.20 crore during the previous quarter ended September 2023. Sales rose 2.72% to Rs 982.30 crore in the quarter ended September 2024 as against Rs 956.30 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales982.30956.30 3 OPM %15.2114.83 - PBDT157.00148.00 6 PBT131.80126.90 4 NP97.9094.20 4 Powered by Capital Market - Live
Akzo Nobel India will hold a meeting of the Board of Directors of the Company on 7 November 2024.Powered by Capital Market - Live
Akzo Nobel NV (ultimate holding company of Akzo Nobel India) is conducting a strategic review of its portfolio in order to redeploy capital towards growing its core coatings businesses. The initial focus will be on its decorative paints positions in South Asia. AkzoNobel has a premium, highly profitable position in India in particular, with a strong track record of growth. Given this unique market position, the company is well-placed to participate in the further development of the highly dynamic South Asian decorative paints market, which is ripe for consolidation. The review will explore various strategic options ranging from partnerships or joint ventures through to mergers or divestments.Powered by Capital Market - Live
The firm stated that the capacity can be expanded on the basis future demand. Further, this commercial production is aimed at supporting capacity expansion considering the service level need of the powder coating market demand of the company mainly in North and Eastern India. An amount of Rs 105 crore is the investment of the company towards the aforesaid, and the same has been funded through internal accruals. Akzo Nobel India is a leading paints and coatings company and maker of Dulux Paints. The company's consolidated net profit rose 4.3% to Rs 114.60 crore on 3.7% increase in net sales to Rs 1,036.30 crore in Q1 FY25 over Q1 FY24. The scrip gained 3.46% to close at Rs 3,686.80 on Thursday, 5 September 2024. Powered by Capital Market - Live
Board of Akzo Nobel India appoints director
The board of directors of Akzo Nobel India at its meeting held on 01 August 2024 has approved appointment of Namrata Kaul (DIN: 0994532) on the Board of the Company as an Additional Director in the category of Independent Director/Woman Director w.e.f. 5 August 2024. Powered by Capital Market - Live
Akzo Nobel India consolidated net profit rises 4.28% in the June 2024 quarter
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 6.18%, vs industry avg of 6.16%
Decreasing Market Share
Over the last 5 years, market share decreased from 5.35% to 4.76%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 15.12%, vs industry avg of -1.29%