Akzo Nobel India Ltd.
Snapshot View

1786.60 +14.60 ▲0.8%

24 May 2022, 04:01:00 PM
Volume: 63

Overview View Details

Sector Chemicals Compare with Sector peers
Industry Paints Compare with Industry peers
Website http://www.akzonobel.co.in
Market Cap 8,129.17 Cr.
Enterprise Value(EV) 7,677.60 Cr. 2021-09
Financial Indicators
Earnings per share (EPS) 63.61 Trailing Twelve Months Ending 2021-12
Price-Earning Ratio (PE) 28.09 Trailing Twelve Months Ending 2021-12
Industry PE 87.87 Trailing Twelve Months Ending 2021-12
Book Value / Share 299.53 Trailing Twelve Months Ending 2021-12
Price to Book Value 5.96 Calculated using Price: 1,786.60
Dividend Yield 2.80 Period Ending 2021-03
No. of Shares Subscribed 4.55 Cr. 45,540,314 Shares
FaceValue 10
Company Profile

Akzo Nobel India Limited (‘the Company’) was incorporated in India on 12 March 1954 as Indian Explosives Limited. It is currently known as Akzo Nobel India Limited with effect from 15 February 2010 under Section 23(1) of the Companies Act, 1956.

Akzo Nobel is the world's largest coatings company, with leading market positions and brands in countries around the world. The company creates everyday essentials to make people’s lives more liveable and inspiring, present in India for over many decades. As a leading paints and coatings company, it supplies essential protection and essential colour to industries and consumers. Backed by a pioneering heritage, its innovative products and sustainable technologies are designed to meet the growing demands of its fast-changing planet, while making life easier. Ranked as a leader in sustainability, it is dedicated to energising cities and communities while creating a protected, colourful world where life is improved by what it does.

Company’s history

In the year 1911, the ICI Group commenced its operations in India. Brunner Mond & Co, one of the four companies that combined in 1926 to form ICI in the UK, opened a trading office in Calcutta (now Kolkata) to sell alkalis and dyes. In 1923, it became Brunner Mond & Co (India) and, in 1929, the name was changed to Imperial Chemical Industries (India) Ltd. This was followed by a period of sustained expansion, diversification and growth leading to 1954, with the formation of Indian Explosives Ltd, promoted jointly by ICI PLC and the Government of India. Its name was changed to IEL Limited in 1985 and to ICI India Limited in 1989. The Government of India’s holding became nil in 2003.

Along with the other group companies of ICI PLC in India, it sponsored the establishment of the ICI India Research and Technology Centre in Thane in 1976. Over the years, it saw more consolidation, restructuring and divestment. The highlights of this period include the merger of three other group companies of ICI plc in India - The Alkali and Chemical Corporation of India Ltd, Chemicals and Fibres India Limited and Crescent Dyes and Chemicals Limited - in 1984. Nalco Chemicals India Ltd was formed in 1987. A paints plant as well as a polyurethanes systems house were commissioned at Thane in 1997; another paints plant was commissioned at Mohali near Chandigarh; the Uniqema Innovation Centre opened at Thane in the following year.

Business area of the company

The Company is engaged in the business of manufacturing, trading and selling of paints and related products. The Company also provides research and development services to the holding company and its group companies.

Product and services

  • Decorative Paints 
  • Waterproofing Solutions 
  • Woodcare & Specialty Products 
  • Automotive & Specialty Coatings
  • Marine & Protective Coatings 
  • Powder Coatings 
  • Industrial Coatings

Awards and Recognitions

FY2016-17

  • The company has received the Globe Platinum Awards for ‘Pioneering Coatings Technology’,
  • The company’s Chairman Nihal Kaviratne CBE was awarded for ‘Business Excellence’ at the World Business Conclave in Hong Kong.

FY2017-18

  • The company has received ICSI (Institute of Company Secretaries of India) CSR Excellence Award 2017 in ‘Emerging Companies’ category.

FY2018-19

  • The company won three awards at the prestigious Asia Best CSR Award 2018 organized by CMO Asia for Best CSR Practice, Education and Skill Development.

FY2019-20

  • The Golden Globe Tiger Award 2019 in Kuala Lumpur for undertaking CSR project in Vocational Skill Training in Painting.
  • Honored with Excellence in Supply Chain Planning in an event organised by The Alden Global, the 7th Inflection Conference & Awards in India.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+0.82%
1 Week
+0.65%
1 Month
-5.31%
3 Month
-3.73%
6 Month
-18.26%
1 Year
-20.82%
2 Year
-0.67%
5 Year
+0.68%
10 Year
+103.80%
9 years 2007-03 2008-03 2009-03 2016-03 2017-03 2018-03 2019-03 2020-03 2021-03
Return on Equity (%) 65.78 7.35 34.09 20.10 22.77 34.83 17.41 20.03 16.46
Return on Capital Employed (%) 86.11 11.46 44.12 29.65 31.76 42.31 26.35 28.01 22.87
Return on Assets (%) 40.37 4.88 23.88 12.69 12.57 14.96 6.14 6.66 5.38

Balance Sheet View Details

Particulars 10 years 2007-03 Rs. Cr. 2008-03 Rs. Cr. 2009-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-09* Rs. Cr.
Shh. Funds 870 763 971 1,163 1,010 1,291 1,136 1,238 1,288 1,282
Non Curr. Liab. 9 11 6 88 82 73 74 1,535 1,615 145
Curr. Liab. 438 364 356 793 793 2,100 2,198 948 1,091 1,003
Minority Int. 1 1
Equity & Liab. 1,317 1,139 1,332 2,044 1,885 3,464 3,408 3,721 3,995 2,431
Non Curr. Assets 196 161 135 662 682 702 684 2,170 2,246 806
Curr. Assets 1,121 978 1,198 1,382 1,202 2,761 2,724 1,550 1,748 1,625
Misc. Exp. not W/O 0 0 0 1 0 1
Total Assets 1,317 1,139 1,332 2,044 1,885 3,464 3,408 3,721 3,995 2,431

Profit Loss View Details

Particulars 10 years 2007-03 Rs. Cr. 2008-03 Rs. Cr. 2009-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr. 2021-12 Rs. Cr. TTM
Net Sales 1,015 939 900 2,640 2,837 2,968 2,918 2,662 2,421 3,063
Other Income 43 37 99 57 49 233 43 38 24 23
Total Income 1,058 976 1,000 2,697 2,886 3,201 2,961 2,699 2,445 3,086
Total Expenditure -903 -841 -796 -2,337 -2,490 -2,658 -2,576 -2,283 -2,081 -2,636
PBIDT 156 135 203 360 396 544 385 417 364 450
Interest -3 -3 -3 -2 -3 -4 -5 -9 -10 -10
Depreciation -35 -23 -21 -54 -54 -58 -65 -79 -76 -76
Taxation -141 -31 -84 -100 -95 -84 -105 -86 -71 -75
Exceptional Items 486 -19 200 10 4 2 1 -5
PAT 463 60 295 214 247 400 211 237 208 290
Minority Interest -1 0
Share Associate
Other Related Items
Consolidated Net Profit 462 60 295 214 247 400 211 237 208 290
Adjusted EPS 113 16 77 46 53 86 46 52 46 64

Cash Flow View Details

Particulars 6 years 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr. 2021-03 Rs. Cr.
Cash Fr. Operatn. 263 143 183 139 374 283
Cash Fr. Inv. -156 225 -6 185 4 -225
Cash Fr. Finan. -113 -392 -126 -360 -157 -174
Net Change -6 -24 51 -36 221 -115
Cash & Cash Eqvt 42 18 69 33 255 139

Shareholding Pattern View Details

9 Qtrs 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%) 2021-09 (%) 2021-12 (%) 2022-03 (%)
Promoter 74.76 74.76 74.76 74.76 74.76 74.76 74.76 74.76 74.76
Public 25.24 25.24 25.24 25.24 25.24 25.24 25.24 25.24 25.24
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 23 May 2022
Compliances-Reg.24(A)-Annual Secretarial Compliance
Annual Secretarial Compliance Report for the year 2021-22 is attached.
Fri, 20 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of share certificate.
Fri, 13 May 2022
Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate
Intimation of loss of share certificate

Technical Scans View Details

Tue, 24 May 2022
High Delivery Percentage High Delivery Percentage
Closing Above Previous High Closing Above Previous High
Close Within 52 Week Low Zone Close Within 52 Week Low Zone
High Decrease 1 Month High Decrease 1 Month
Mon, 23 May 2022
High Delivery Percentage High Delivery Percentage

Related Stocks View Details

Stock Name Market Cap(Rs. Cr.) LTP Chg %
Asian Paints Ltd. 297,351.31 3,100.00 -2.3%
Pidilite Industries Ltd. 110,806.87 2,180.00 -0.4%
SRF Ltd. 69,570.01 2,347.00 +1.8%
UPL Ltd. 59,534.45 793.15 +0.3%
Berger Paints India Ltd. 59,373.72 611.25 -2.4%
PI Industries Ltd. 39,964.83 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. 29,439.80 2,680.00 +0.9%
Stock Name Statement TTM Ending Price Earning Ratio(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2022-03 98.12 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2022-03 91.76 2,180.00 -0.4%
SRF Ltd. Consolidated 2022-03 36.83 2,347.00 +1.8%
UPL Ltd. Consolidated 2022-03 16.42 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-12 72.34 611.25 -2.4%
PI Industries Ltd. Consolidated 2022-03 47.36 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2022-03 37.40 2,680.00 +0.9%
Stock Name Statement TTM Ending Price To Book Value(TTM) LTP Chg %
Asian Paints Ltd. Consolidated 2022-03 21.53 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2022-03 17.30 2,180.00 -0.4%
SRF Ltd. Consolidated 2022-03 8.12 2,347.00 +1.8%
UPL Ltd. Consolidated 2022-03 2.75 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-12 15.98 611.25 -2.4%
PI Industries Ltd. Consolidated 2022-03 6.53 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2022-03 6.92 2,680.00 +0.9%
Stock Name Statement Year Ending Debt Equity Ratio LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 0.03 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2021-03 0.04 2,180.00 -0.4%
SRF Ltd. Consolidated 2021-03 0.49 2,347.00 +1.8%
UPL Ltd. Consolidated 2021-03 1.13 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-03 0.11 611.25 -2.4%
PI Industries Ltd. Consolidated 2021-03 0.06 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2021-03 0.45 2,680.00 +0.9%
Stock Name Statement Year Ending Return On Equity(%) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 27.71 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2021-03 22.42 2,180.00 -0.4%
SRF Ltd. Consolidated 2021-03 20.33 2,347.00 +1.8%
UPL Ltd. Consolidated 2021-03 20.19 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-03 24.05 611.25 -2.4%
PI Industries Ltd. Consolidated 2021-03 18.41 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2021-03 -6.15 2,680.00 +0.9%
Stock Name Statement Year Ending Return On Capital Employed(%) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 27.71 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2021-03 22.42 2,180.00 -0.4%
SRF Ltd. Consolidated 2021-03 20.33 2,347.00 +1.8%
UPL Ltd. Consolidated 2021-03 20.19 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-03 24.05 611.25 -2.4%
PI Industries Ltd. Consolidated 2021-03 18.41 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2021-03 -6.15 2,680.00 +0.9%
Stock Name Statement Year Ending Net Sales(Rs. Cr.) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 21,712.79 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2021-03 7,292.71 2,180.00 -0.4%
SRF Ltd. Consolidated 2021-03 8,402.30 2,347.00 +1.8%
UPL Ltd. Consolidated 2021-03 38,694.00 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-03 6,817.59 611.25 -2.4%
PI Industries Ltd. Consolidated 2021-03 4,577.00 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2021-03 2,650.50 2,680.00 +0.9%
Stock Name Statement Year Ending Profit After Tax(Rs. Cr.) LTP Chg %
Asian Paints Ltd. Consolidated 2021-03 3,178.15 3,100.00 -2.3%
Pidilite Industries Ltd. Consolidated 2021-03 1,122.15 2,180.00 -0.4%
SRF Ltd. Consolidated 2021-03 1,197.94 2,347.00 +1.8%
UPL Ltd. Consolidated 2021-03 3,453.00 793.15 +0.3%
Berger Paints India Ltd. Consolidated 2021-03 725.33 611.25 -2.4%
PI Industries Ltd. Consolidated 2021-03 733.90 2,634.15 -0.3%
Gujarat Fluorochemicals Ltd. Consolidated 2021-03 -221.52 2,680.00 +0.9%