Akzo Nobel India Ltd

Akzo Nobel Share Price

Paints/Varnish

Mid Cap

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Akzo Nobel India Ltd Fundamentals

Market Cap

₹17,316.02Cr

P/E Ratio (TTM)

40.15

P/B Ratio

13.03

Debt to Equity

0.05

EPS (TTM)

94.71

Dividend Yield

1.97%

Book Value

291.77

Market Cap

₹17,316.02Cr

P/E Ratio (TTM)

40.15

P/B Ratio

13.03

Debt to Equity

0.05

EPS (TTM)

94.71

Dividend Yield

1.97%

Book Value

291.77

Click here to know more about Fundamentals

Fundamentals

Fundamentals in the stock market refer to the underlying financial and qualitative factors that determine the value and performance of a company's stock.

Market Cap:

Market capitalization (market cap) is a financial metric used to gauge the value of a publicly traded company in the stock market. It represents the total worth of a company's outstanding shares. Calculated by multiplying the current market price per share by the total number of outstanding shares, market cap reflects the company's size and significance in the market.

PB Ratio:

The Price-to-Book (P/B) ratio is a financial metric used to evaluate a company's stock price relative to its book value per share (BVPS). It is calculated by dividing the market price per share by the book value per share. The book value per share is determined by subtracting a company's total liabilities from its total assets and dividing the result by the total number of outstanding shares.

ROE:

Return on Equity (ROE) is a fundamental financial ratio used in the stock market to assess a company's profitability and efficiency in generating profits from shareholders' equity. It measures the amount of net income a company generates as a percentage of its shareholders' equity. ROE is calculated by dividing a company's net income by its average shareholders' equity during a specific period, usually a year. ROE is a crucial metric for investors as it indicates how effectively a company is utilizing shareholders' equity to generate profits. A higher ROE typically suggests that the company is more efficient in utilizing its equity capital to generate returns for shareholders.

EPS (TTM):

EPS (TTM) stands for Earnings Per Share (Trailing Twelve Months) in the stock market. It is a financial metric that measures a company's profitability by dividing its total earnings over the past twelve months by the total number of outstanding shares. The EPS (TTM) figure provides investors with insight into a company's profitability on a per-share basis over a specific period, which allows for better comparison across different companies and industries. It is often considered a key indicator of a company's financial health and performance. EPS (TTM) is calculated by taking the sum of a company's net income from continuing operations over the past four quarters and dividing it by the weighted average number of outstanding shares during the same period. Investors use EPS (TTM) to assess a company's ability to generate profits and to determine the potential return on investment from holding its stock. Higher EPS (TTM) values generally indicate stronger profitability, while declining or negative EPS (TTM) may signal financial challenges or declining performance.

P/E Ratio (TTM):

The P/E Ratio (TTM) in the stock market stands for Price-to-Earnings Ratio (Trailing Twelve Months). It is a fundamental financial metric used by investors to evaluate the valuation of a company's stock relative to its earnings per share (EPS) over the past twelve months. To calculate the P/E Ratio (TTM), you divide the current market price per share of a company's stock by its earnings per share over the trailing twelve months. The ratio indicates how much investors are willing to pay for each rupee of the company's earnings. A high P/E Ratio suggests that investors are willing to pay more for each rupee of earnings, possibly indicating high growth expectations or optimism about the company's future prospects. Conversely, a low P/E Ratio may suggest undervaluation or concerns about the company's growth potential.

Debt to Equity Ratio:

The Debt to Equity (D/E) ratio is a financial metric used to evaluate a company's financial leverage by comparing its total debt to its total shareholders' equity. It reflects the proportion of a company's funding that comes from debt compared to equity. To calculate the D/E ratio, divide the total debt by the total equity. Debt includes all liabilities such as loans, bonds, and other forms of debt financing, while equity represents the shareholders' ownership in the company. A high D/E ratio indicates that a company relies more on debt financing, which can amplify returns but also increases financial risk due to interest payments and debt obligations. Conversely, a low D/E ratio suggests a conservative financial structure with less reliance on debt financing.

Dividend Yield:

Dividend yield is a financial metric used to measure the return on investment from owning a particular stock, specifically in terms of the dividends paid out to shareholders. It represents the percentage of the current market price of a share that a company pays out annually in dividends. To calculate dividend yield, divide the annual dividend per share by the current market price per share, and then multiply the result by 100 to convert it to a percentage. For instance, if a company pays ₹ 2 in dividends per share annually and its stock is trading at ₹50 per share, the dividend yield would be 4% (₹2/₹50 * 100)

Book Value:

Book value, in the context of the stock market, refers to the net asset value of a company's equity as recorded on its balance sheet. It represents the value of a company's assets minus its liabilities and intangible assets, such as goodwill. To calculate book value per share, you divide the total book value of equity by the total number of outstanding shares. This figure provides investors with insight into the financial health and the underlying asset value of a company. Book value serves as a fundamental measure of a company's intrinsic worth. It is particularly useful for investors who adopt a value investing approach, as it helps determine whether a stock is undervalued, overvalued, or fairly priced relative to its book value per share.

Akzo Nobel India Ltd Financials

Akzo Nobel India Ltd Shareholding Pattern

Akzo Nobel India Ltd Delivery and Volume

About Akzo Nobel India Ltd

Akzo Nobel India Limited (Formerly known ICI India Limited) was incorporated in March 12, 1954. The Company is engaged in the business of manufacturing, trading and selling of paints and related products. It also provides research and development services to its holding company and other group companies. The Company is presently into Coatings business. The Coatings business has two main components: Decorative Paints and Performance Coatings and is served by both organised and unorganised sectors. The company sells decorative paint under the well-known brand Dulux. Akzo Nobel India is a subsidiary of Akzo Nobel N.V., a Dutch multinational company. The Company's manufacturing activities in India commenced in 1939 with the setting up of Alkali and Chemical Corporation of India Ltd in Rishra, West Bengal. In the year 1954, as the result of an agreement with the Government of India, they set up Indian Explosives Ltd in Gomia. Chemical and Fibres of India Ltd came up in Thane in 1963, manufacturing polyester staple fibre. The Company began their fertilizer manufacturing operations in Panki near Kanpur in the year 1969. This was the largest private sector investment in fertilizers in India. The company established ICI Research and Technology Centre in Thane in the year 1976 and a Crop Protection Chemicals and Pharmaceuticals unit came up in Ennore, near Chennai in 1978. In the year 1984, the ICI Group Companies in India were merged into one corporate which is India's largest mergers of that time. In the year 1987, Nalco Chemicals India Ltd was formed with Nalco Chemical Company USA and ICI India Ltd, each holding 40% of the equity. In the year 1993, the company divested their seeds, fibers and fertilizers businesses and in the year 1995, agrochemicals business was transferred to a joint venture company with Zeneca Ltd of UK. In the year 1996, the company established a joint venture with The Ensign-Bickford Company of USA namely, Initiating Explosives Systems India Ltd for the manufacture of Initiating Explosives Systems. In the year 1997, the company commissioned paint plant and polyurethanes systems house in Thane. They also commissioned the Uniqema Innovation Centre at Thane. In the year 1998, the company exited from their joint ventures with Nalco Chemical Company, USA and Zeneca, UK, as part of their continuing restructuring exercise. In March 1998, the company commissioned the new state-of-art 20 million litres per annum automotive refinish and decorative paint manufacturing facility at Mohali near Chandigarh.During the year 1998-99, one of the company's division, Pharmaceuticals divested some Animal Health brands to focus more strongly on their core areas of Cardiovasculars and Anaesthetics. In September 1999, the explosives business was transferred to Indian Explosives Ltd, a joint venture between the company and Orica Investments Pty Ltd, Australia.During the year 2000-01, the Polyurethane business was sold to the Huntsman Group of USA in line with their strategic objective. The company in association with Quest International and Hindustan Lever Ltd formed a joint venture to make and sell fragrances, flavours and food ingredients. In May 2001, the company transferred the Motors and Industrial Paints business to a Joint Venture with Berger Paints India Ltd, from which they exited in the year 2002. In the year 2002, the Pharmaceuticals business of the company was divested to Nicholas Piramal India Ltd and catalyst business divested to Johnson Matthey Group. The company divested their 51% shareholding in Indian Explosives Ltd and thus Indian Explosives Ltd and Initiating Explosives System India Ltd ceased to be the company's subsidiaries with effect from November 6, 2003. During the year 2003-04, the company launched Duette, a premium interior emulsion paint with a two-tone finish in select market. In March 2004, the Nitrocellulose and Trading businesses were divested to Nitrex Chemicals India Pvt Ltd in which the company holds a minority stake. During the year 2004-05, the company launched two premium products namely WaterShield Max and Tile Shield in the paint segment. Also, they commissioned a new polymer plant during the year. In December 2005, the Rubber Chemicals business was transferred to a subsidiary of PMC Group International, USA. The company acquired the remaining shares in their subsidiary Quest International India Ltd in two lots from the other shareholders, making it a wholly owned subsidiary company since October 2006. In November 2006, they sold their 100% equity shareholding in Quest International Ltd to Givaudan (India) Pvt Ltd. In December 2006, the company acquired controlling interest in Polyinks Ltd, Hyderabad, which manufactures Hot Melt Adhesives. In March 2007, the Advanced Refinish Paints Business (2K) was divested to an affiliate of PPG Industries, USA. Also, Uniqema business was divested to Croda Group of UK during the financial year. During the year 2007-08, the company launched low cost Acrylic Distemper, Primer and Putty in the pain segment. They entered into a contract with Henkel CAC Pvt Ltd, an affiliate of the Henkel Group, to divest their Adhesives business. AkzoNobel NV, Netherlands has become the owner of the entire equity capital of Imperial Chemical Industries, UK with effect from January 2, 2008, through a scheme of arrangement. Consequently, the company became an AkzoNobel company. The name of the company was changed to its present name, Akzo Nobel India Limited, in February 2010. On 4 October 2010, Akzo Nobel India announced that it has signed an agreement with M/s Corn Products International, Inc., U.S.A., (CPI) to divest its National Starch (Specialty Starches) business to an Indian affiliate of CPI. The consideration agreed is Rs 12 crore subject to adjustment towards working capital and related provisions. The Specialty Starches Business is essentially a trading operation having close linkage with the National Starch business of AkzoNobel Group for its supplies. Consequent to CPI acquiring the National Starch business of AkzoNobel Group at a global level, the divestment in India is intended to protect the value for Akzo Nobel India's shareholders. The Specialty Starches Business had an annual turnover of approximately Rs 10 crore in the year ended 31 March 2010. The Board of Directors of Akzo Nobel India at its meeting held on 21 October 2011 approved a scheme arrangement (the scheme) involving amalgamation of Akzo Nobel Coatings India Private Ltd., Akzo Nobel Car Refinishes India Private Ltd. and Akzo Nobel Chemicals (India) Ltd. with Akzo Nobel India, subject to necessary statutory and other approvals. The appointed date as per the above scheme would be 1 April 2011. The combined net sales of the companies proposed to be merged with Akzo Nobel India, as per the audited accounts for the year ended 31 March 2011, was Rs 568.4 crore and PAT was Rs 24.7 crore. The Board of Directors of Akzo Nobel India at its meeting held on 14 February 2012 approved a reduction of 1% in the effective royalty rates payable to parent AkzoNobel group from a level of approximately 3% approved earlier with effect from October 2014. As announced earlier, upto September 2014, the rate of royalty applicable will remain unchanged at approximately 1% of net sales. The Board of Directors of Akzo Nobel India at its meeting held on 21 May 2012 approved a buyback through tender offer of approximately 13 lakh equity shares from the minority shareholders at a price of Rs 920 per equity share, payable in cash, up to an aggregate amount of Rs 119.6 crore.On 1 July 2013, Akzo Nobel India Ltd announced that the company has entered into an agreement with ACI Formulations Limited, Bangladesh for distribution of its decorative paints products in Bangladesh. On 28 October 2013, Akzo Nobel India formally inaugurated its Rs 140 crore decorative paints plant at Gwalior, Madhya Pradesh which will have an annual capacity of 55 million liters. The new plant will supply a range of decorative paints, and create improved distribution channels for the popular Dulux brand. The new plant will also help speed up transportation time and reduce the cost of logistics. On 3 July 2014, Akzo Nobel India announced that it has formally inaugurated a new laboratory facility at its Thane site on 2 July 2014. This Lab has been established at a cost of about Rs 1.3 crore and will primarily focus on catering to the needs of agrochemicals sector in India. At the time of announcement of the company's financial performance for the quarter ended 30 June 2016, the Board of Directors of Akzo Nobel India Limited at its meeting held on 12 August 2016 approved the setting up of a powder coating manufacturing facility in Mumbai, with an installed capacity of 7,000 tons. On 29 August 2016, Akzo Nobel India announced ground breaking ceremony for its new powder coatings plant in Mumbai. The investment of ?9 million (Rs 63.5 crore) in the new unit will allow the company to increase capacity in the region, which forms an important part of its organic growth plans. The new facility will complement the company's existing plant in Bangalore, which is focused on supplying the south and east of the country. The Mumbai factory will also produce several lines new to the Indian market, including bonded metallic powders and localized products for markets such as pipe and re-bar coatings. On 15 December 2016, Akzo Nobel India announced that the company has acquired the industrial coatings business of BASF India Limited for a consideration of Rs 11.17 crore. On 26 December 2016, Akzo Nobel India inaugurated the first-of-its-kind specialty coatings production facility and colour laboratory in Noida, Uttar Pradesh to service its customers in the consumer electronics, automobile and cosmetic industries. With an investment of euro 0.4 million (Rs 3 crore), the new site will manufacture 600 kl of coatings annually. The Board of Directors of Akzo Nobel India Limited at its meeting held on 7 November 2017 recommended the sale of company's Specialty Chemicals Business as a going concern to an affiliate of the AkzoNobel Group, subject to the approval of the shareholders. The total consideration to be received from this sale will be Rs 320 crore, subject to adjustment for working capital and for an economic effective date of 1 January 2018. The Specialty Chemicals Business includes the Mahad manufacturing facility for Polymer Chemistry range of products (which was merged with the company in 2012 at an implied Enterprise Value of Rs 96 crore). The Business also handles a trading portfolio in Polymer and Surface Chemistry products sourced from other units of AkzoNobel. About 80 employees, currently working with the Business, will also transfer with the Business. At the global level, Akzo Nobel NV announced in April 2017 its intention to separate its Specialty Chemicals Business from its Paints and Coatings Business to create two focused and separate businesses. The Specialty Chemicals Business of Akzo Nobel India Limited is closely integrated with the global Specialty Chemicals Business of AkzoNobel. Given this interdependency, the Board of Directors Akzo Nobel India decided that it will be in the best interest of the shareholders, concerned employees and customers that the India Specialty Chemicals Business is also divested to the Specialty Chemicals global entity or its affiliate. On 2 April 2018, Akzo Nobel India announced that the divestment of the company's Specialty Chemicals Business to Akzo Nobel Chemicals India Private Limited was completed with effect from close of business on 31 March 2018. On 15 February 2018, Akzo Nobel India inaugurated its powder coating facility with an investment of Rs 65 crore at Thane, Mumbai. This is Akzo Nobel's sixth facility in India. The new facility will complement Akzo Noble's existing plant in Bangalore, adding new product lines in bonded metallic power and pipe and re-bar coatings. The Board of Directors of Akzo Nobel India Limited at its meeting held on 6 April 2018 recommended for approval by the shareholders, through postal ballot, a proposal to buy back its own shares by the company from the public shareholders through tender offer route. The company intends to buyback a maximum 11.2 lakh shares at Rs 2,100 per share. The total buyback size works out to Rs 235.20 crore. In 2019, the Company introduced Dulux Weathershield Max - next generation protection for home exteriors against recurring cracks, dampness and fungus formation caused by rain. It launched the Dulux Colour Play Tester, a handy paint sampler integrated with an easy-to-use mini roller. Dulux India introduced two revolutionary products in its professional range, Dulux Professional Weathershield TR E2000 and Dulux Professional Weathershield Creation Stonetex. It introduced a camouflage finish, namely Flexikote SP600, in the Indian coil coatings market. It improved by beefing up the Wanda portfolio in vehicle refinishes; completing premium wood coatings portfolio; and introducing more efficient product offerings in protective coatings. In Marine, Protective and Yacht Coatings, the Company introduced a series of new products like, Intergard 251HS, Intertherm 228HS, Interbond 2340 and Interchar 1290. During the year 2020, the Company launched a new product called Intershield 4000 USP, which is a high performance Universal System primer based on passivation enhanced, alkylated amine epoxy technology. It launched Interpon Redox Corossion protection range which finds usage in Electrical Charging stations, Transformers and Electrical Panels. It launched Antibacterial Coatings' in Coil coatings for local coil coaters. It launched Sikkens Auto Surfacer UV, in the refinishing market which requires 30-120 seconds of UV-A LED exposure to fully cure. It introduced Liquid Chrome to eliminate harmful carcinogenic ingredients like Lead and Cadmium present in traditional chrome plating. During the year 2021, the business launched Interpon Redox, a new range of corrosion protection for a variety of substrates, surfaces, and environments; from swimming pools to chemical plants and high humidity to highly corrosive areas. With infrastructure activity picking up, Powder business also made inroads in Bonded metallics for Architecture facades which find applications in Airports, Residential and Commercial building. The Company launched Dulux Assurance, a first-of-its-kind consumer program for Premium Emulsions. Other launches in the Premium category included new SuperClean (with superior washability property), upgrade of Dulux Weathershield Protect premium exterior paint and a refreshed Weathershield UltraClean proposition. Offerings in affordable segment included Promise SmartChoice Exterior & Interior entry level emulsion, Promise Interior relaunched with Anti-Bacterial formula and Promise Sheen. Waterproofing category was extended to economy segment with launch of Aquatech DampProtect Basecoat. Dulux Professional Weathershield Anti-Carb, a specialist Anti-Carbonation paint, was introduced to support Indian government's efforts towards building world class infrastructure. It launched the BPANI (BPA Non-Intended) Internal Spray Lacquer, a protection solution for all types of beverage cans in their Industrial coatings business. During the year 2022, the Company launched new Futura range of contemporary colour scheme for Building Facades. It relaunched super premium offering Velvet Touch with the all new Tru Color technology promising intense rich colors, further strengthening the luxury Interior Emulsion range. It launched Anti-Viral offering in Premium Interior Emulsions' category - Dulux SuperClean Range; it launched Dulux FloorPlus with a compelling ready to use shades offering. It launched Sadolin Luxurio PU- Premium Italian Finish for woodcare category. It launched several exciting products for the Electric Vehicle (EV) sector to help protect motors, battery system and electrical storage units. In FY 2022-23, Dulux Aquatech PU Coat was launched with a superior 15-year performance waterproofing. The Company launched new Interpon D2525 Stone Effect powder coatings, which delivers a natural finish to aluminum girders; launched SmartChoice Primers.

Managing Director

Rajiv Rajgopal

Founded

1954

NSE Symbol

AKZOINDIA

Name	Designation
Amit Jain	Independent Director
Hemant Sahai	Independent Director
Rajiv Rajgopal	Chairman & Managing Director
Smriti Rekha Vijay	Independent Director
R Krishna	Whole Time Director & CFO
Rajiv L Jha	Company Sec. & Compli. Officer
Rohit Ghanshyamdas Totla	Whole-time Director

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Akzo Nobel India Ltd FAQs

By opening a demat account and having your KYC papers confirmed online, you may simply purchase Akzo Nobel India Ltd shares in BlinkX.

The share price of any stock is volatile and changes during the day due to a variety of variables. Akzo Nobel India Ltd's share price is ₹3802.7 as of 2024-10-30.

Akzo Nobel India Ltd's P/E ratio is 40.15 times as of 2024-10-30.

Akzo Nobel India Ltd's most recent financial reports indicate a price-to-book ratio of 13.03, showing the company's stock market valuation in relation to the value of its real assets.

Market capitalization, often known as market cap, is the market value of all outstanding shares of a publicly listed corporation. Akzo Nobel India Ltd's market capitalization is ₹17316.02 Cr as on 2024-10-30.

The current financial records of Akzo Nobel India Ltd show a 32.3% ROE, showing great financial performance and effective capital utilisation, making it a significant statistic for investors.

According to Akzo Nobel India Ltd's most recent financial filings, the company has a total asset value of ₹1980.7, which includes current and non-current assets such as inventory, cash, properties, and equipment.

The 52-week high/low price of a Akzo Nobel India Ltd stock is the highest and lowest price at which it has traded over that period (about one year) and is used as a technical indicator. Akzo Nobel India Ltd's 52-week high and low as of 2024-10-30 are ₹3829.9 and ₹3740.05, respectively.