Akzo Nobel India LTD Company Profile

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Akzo Nobel India Ltd
COMPANY PROFILE
REFERENCE CODE: GD5082

PUBLICATION DATE: 14 Jun 2023

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Page 1
TABLE OF CONTENTS
Tickers ............................................................................................................................. 3
Key Facts ......................................................................................................................... 4
Company Overview ........................................................................................................5
History ............................................................................................................................. 6
Locations And Subsidaries ...........................................................................................7
Top Competitors .............................................................................................................8
Major Products & Services ............................................................................................9
Financial Ratios - Capital Market Ratios ....................................................................10
Financial Ratios - Annual Ratios .................................................................................11
Financial Ratios - Interim Ratios .................................................................................13
News .............................................................................................................................. 14
Appendix .......................................................................................................................15
Ticker
Akzo Nobel India Ltd Page 2

Tickers
TICKERS
Company Akzo Nobel

Name India Ltd
Ticker AKZOINDIA
Symbol
Stock National
Exchange Stock
Exchange
of India
CompanyAddress

Key Facts
KEY FACTS
Head Office Akzo Nobel India Ltd

301 Mahakosh House
7/5 South Tukoganj, Nath Mandir
Road
Gurgaon
Haryana
India
Phone 91 124 2540400
Fax 91 124 2540849
Web Address www.akzonobel.com/in
Revenue / 38,021.0
turnover (INR
Mn)
Revenue (USD 484.5
Mn)
Financial Year March
End
Employees 1,494
National Stock AKZOINDIA
Exchange of
India Ticker
CompanyOverview

Company Overview
COMPANY OVERVIEW
Akzo Nobel India Ltd (Akzo Nobel), a subsidiary of Akzo Nobel NV, is a chemical company. It
manufactures, distributes and sells decorative paints, performance coatings and specialty chemicals. The
company's decorative paints comprise interior paints, exterior paints, emulsion paints, synthetic enamel,
colorants and thinners, among others. Its specialty chemicals include cellulose-based coatings,
polyurethane-based associative thickeners, methyl ethyl ketone peroxides. Akzo Nobel products used in
interior and exterior decoration, protection and for surface preparation and wood care. The company
offers its products under Sikkens, Interpon, Dulux, Trinar, Wanda, Resicoat, Interpon, CoatIN and
International brands. It serves homes, buildings, offices and factories. Akzo Nobel is headquartered in
Gurugram, Haryana, India.
The company reported revenues of (Rupee) INR38,021 million for the fiscal year ended March 2023
(FY2023), an increase of 20.8% over FY2022. In FY2023, the company’s operating margin was 13.5%,
compared to an operating margin of 13.4% in FY2022. In FY2023, the company recorded a net margin of
8.8%, compared to a net margin of 9.2% in FY2022.
BusinessDescriptionBusinessSegme
ntCorporateStrategyHistory

History
HISTORY
Incorporation/Establishment
Year: 1792
The company was founded.
KeyEmployeesBiographiesCompany
ViewLocationsAndSubsidaries

Locations And Subsidaries
LOCATIONS AND SUBSIDARIES
Head Office

301 Mahakosh House
7/5 South Tukoganj,
Nath Mandir Road
Haryana
Gurgaon
Haryana
IND
Phone:91 124
2540400
Fax:91 124 2540849
www.akzonobel.com/in
Other Locations and Subsidiaries
Akzo Nobel Coatings India Pvt Ltd. Akzo Nobel India Ltd
2B - 2nd floor
Shyams Garden, No.10 Khader
Nawaz Khan Road
Chennai
Tamil Nadu
Chennai
Tamil Nadu
IND
Phone:91 44 42903737
ICI India Research and Technology
Centre
IND
SwotAnalysisRevenueAnalysisTopCo
mpetitors

Top Competitors
TOP COMPETITORS
The following companies are the major competitors of Akzo Nobel India Ltd
Asian Paints Ltd

Berger Paints India Ltd
Heubach Colorants India Ltd
Indigo Paints Ltd
Jenson & Nicholson (India) Ltd
Kansai Nerolac Paints Ltd
Shalimar Paints Ltd
MajorProductsandServices

Major Products & Services
MAJOR PRODUCTS & SERVICES

Akzo Nobel operates as a chemical company. The major products of the cpmpany include the following:
Products:
Decorative Paints
Specialty Chemicals
Performance Coatings
Brands:
Sikkens
Dulux
Trinar
Wanda
Resicoat
CoatIN
Interpon
International
FinancialRatios

Financial Ratios - Capital Market Ratios
Financial Ratios - Capital Market Ratios

Akzo Nobel India Ltd, Annual Ratios
Key Ratios 24-Jul-2023

P/E (Price/Earnings) Ratio
EV/EBITDA (Enterprise Value/Earnings Before Interest, Taxes,
Depreciation and Amortization)
Enterprise Value/Sales
Enterprise Value/Operating Profit
Enterprise Value/Total Assets
Dividend Yield 2.61
Source: Annual Report, Company Website, Primary and Secondary Research GlobalData

Financial Ratios - Annual Ratios
Financial Ratios - Annual Ratios

Akzo Nobel India Ltd, Annual Ratios
Key Ratios Unit/Currency 2019 2020 2021 2022 2023

Equity Ratios
EPS (Earnings per USD 45.87 55.91 45.73 73.69 84.36
Share)
Dividend per Share USD 24.00 14.00 50.00 75.00 65.00
Dividend Cover Absolute 1.91 3.99 0.91 0.98 1.30
Book Value per Share USD 249.52 271.85 282.89 276.57 289.04
Cash Value per Share USD 7.31 55.88 30.54 31.84 69.10
Profitability Ratios
Gross Margin % 38.87 42.69 41.79 36.75 36.12
Operating Margin % 9.59 11.08 11.41 13.43 13.48
Net Profit Margin % 7.23 8.92 8.57 9.21 8.81
Profit Markup % 63.58 74.49 71.80 58.09 56.54
PBT Margin (Profit % 10.81 12.14 11.49 11.65 11.99
Before Tax)
Return on Equity % 18.57 19.18 16.11 23.03 25.46
Return on Capital % 23.08 21.40 19.20 30.05 34.72
Employed
Return on Assets % 9.74 10.73 8.55 11.33 12.57
Return on Fixed % 51.19 52.65 48.68 76.23 90.26
Assets
Return on Working % 53.26 48.94 42.09 73.36 84.84
Capital
Growth Ratios
Sales Growth % 4.50 -8.79 -9.03 30.03 20.76
Operating Income % 14.47 5.32 -6.31 53.09 21.21
Growth
EBITDA Growth % 13.07 8.31 -5.91 41.81 19.30
Net Income Growth % -47.26 12.51 -12.55 39.74 15.51
EPS Growth % 4.86 21.88 -18.20 61.12 14.49
Working Capital % -20.51 14.63 8.94 -12.17 4.80
Growth
Cost Ratios
Operating Costs (% of % 90.41 88.92 88.59 86.57 86.52
Sales)
Administration Costs % 24.85 26.79 24.84 20.99 20.49
(% of Sales)
Liquidity Ratios
Current Ratio Absolute 1.59 1.64 1.60 1.49 1.48

Quick Ratio Absolute 1.14 1.17 1.15 0.92 1.00

Cash Ratio Absolute 0.04 0.27 0.13 0.12 0.25
Leverage Ratios
Debt to Equity Ratio Absolute 0.05 0.05 0.06 0.05
Net Debt to Equity Absolute -0.30 -0.22 -0.06 -0.06 -0.19
Debt to Capital Ratio Absolute 0.05 0.05 0.05 0.05
Efficiency Ratios
Asset Turnover Absolute 1.35 1.20 1.00 1.23 1.43
Fixed Asset Turnover Absolute 5.34 4.75 4.27 5.67 6.69
Inventory Turnover Absolute 4.69 3.61 3.02 3.40 3.78
Current Asset Absolute 1.98 1.80 1.47 1.79 2.10
Turnover
Capital Employed Absolute 2.41 1.93 1.68 2.24 2.57
Turnover
Working Capital Absolute 5.55 4.42 3.69 5.46 6.29
Turnover
Revenue per USD 254,49,129.85
Employee
Net Income per USD 22,42,971.89
Employee
Capex to Sales % 1.43 1.80 1.16 2.01 2.74
R&D to Sales %

Financial Ratios - Interim Ratios
Financial Ratios - Interim Ratios

Akzo Nobel India Ltd, Interim Ratios
Key Ratios Unit/Currency March - December - September - June - March -

2023 2022 2022 2022 2022
EPS (Earnings per INR 20.94 21.39 14.37 16.88 16.39
Share)
Dividend per Share INR 40.00 25.00 0.00 0.00 35.00
Book Value per Share INR 289.04 0.00 272.79 0.00 276.57
Gross Margin % 42.68 39.01 38.37 38.99 40.16
Operating Margin % 13.90 12.34 9.37 10.86 11.77
Net Profit Margin % 10.03 9.87 7.06 8.20 8.61
Profit Markup % 74.47 63.95 62.26 63.91 67.12
PBT Margin (Profit % 13.94 13.34 9.52 11.04 11.71
Before Tax)
Operating Costs (% of % 86.11 87.66 90.63 89.14 88.23
Sales)
Administration Costs % 7.68 7.75 8.15 8.11 8.48
(% of Sales)
Current Ratio Absolute 1.48 0.00 1.40 0.00 1.49
Quick Ratio Absolute 1.01 0.00 0.85 0.00 0.93
Debt to Equity Ratio Absolute 0.05 0.00 0.06 0.00 0.06
Net Debt to Equity Absolute -0.38 0.00 -0.25 0.00 -0.31
Debt to Capital Ratio Absolute 0.05 0.00 0.05 0.00 0.05
News

News
NEWS
23 May 2023 : Akzo Nobel India announces audited financial results for the quarter and year ended
March 31, 2023
Akzo Nobel India Ltd has announced the Audited Standalone & Consolidated Financial Results of the
Company for the quarter and year ended March 31, 2023.
23 May 2023 : Akzo Nobel India announces final dividend for the financial year 2022-23
Akzo Nobel India Ltd has recommended final dividend of Rs 40/- (Rupees forty only) per equity share for
the financial year 2022-23.
23 May 2023 : Akzo Nobel India fixes record date for final dividend
Akzo Nobel India announced record date for final dividend.
23 May 2023 : Akzo Nobel India notice of board meeting
Akzo Nobel India notice of board meeting held on 23 May 2023.
08 May 2023 : Akzo Nobel India Announces Resignation of Company Secretary and Compliance
Officer, Ms Harshi Rastogi
Akzo Nobel India Ltd announces the resignation of Ms Harshi Rastogi as Company Secretary and
Compliance Officer, effective July 7, 2023.

Appendix
Appendix
The data and analysis within this report is driven by GlobalData.
GlobalData gives you key information to drive sales, investment and deal making activity in your
business.
Our coverage includes 200,000 + reports on 185,000+ companies (including 150,000+ private) across
200+ countries and 29 industries. The key industries include Alternative Energy, Oil & Gas, Clean
Technology, Technology and Telecommunication, Pharmaceutical and Healthcare, Power, Financial
Services, Chemical and Metal & Mining.
Methodology
GlobalData company reports are based on a core set of research techniques which ensure the best
possible level of quality and accuracy of data. The key sources used include:
• Company Websites
• Company Annual Reports
• SEC Filings
• Press Releases
• Proprietary Databases
Notes
• Financial information of the company is taken from the most recently published annual reports or SEC
filings
• The financial and operational data reported for the company is as per the industry defined standards
• Revenue converted to USD at average annual conversion rate as of fiscal year end
About GlobalData
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providing detailed information on tens of thousands of companies globally. Our highly qualified team of
Analysts, Researchers, and Solution Consultants use proprietary data sources and various tools and
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businesses to sustain a competitive edge. Data is continuously updated and revised by large teams of
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LEGAL STATEMENT

The Information contained within the Service is either licensed from

Except as otherwise permitted in the agreement (if any) between

Akzo Nobel India Ltd

REFERENCE CODE: GD5082

Akzo Nobel India Ltd

Akzo Nobel India Ltd Page 2

Company Akzo Nobel

Akzo Nobel India Ltd Page 3

Head Office Akzo Nobel India Ltd

Akzo Nobel India Ltd Page 4

Akzo Nobel India Ltd Page 5

The company was founded.

Akzo Nobel India Ltd Page 6

Locations And Subsidaries

LOCATIONS AND SUBSIDARIES

Akzo Nobel India Ltd

Other Locations and Subsidiaries

Akzo Nobel India Ltd Page 7

Asian Paints Ltd

Akzo Nobel India Ltd Page 8

Major Products & Services

MAJOR PRODUCTS & SERVICES

Akzo Nobel India Ltd Page 9

Financial Ratios - Capital Market Ratios

Financial Ratios - Capital Market Ratios

Key Ratios 24-Jul-2023

Akzo Nobel India Ltd Page 10

Financial Ratios - Annual Ratios

Financial Ratios - Annual Ratios

Key Ratios Unit/Currency 2019 2020 2021 2022 2023

Akzo Nobel India Ltd Page 11

Quick Ratio Absolute 1.14 1.17 1.15 0.92 1.00

Akzo Nobel India Ltd Page 12

Financial Ratios - Interim Ratios

Financial Ratios - Interim Ratios

Key Ratios Unit/Currency March - December - September - June - March -

Akzo Nobel India Ltd Page 13

Akzo Nobel India announced record date for final dividend.

23 May 2023 : Akzo Nobel India notice of board meeting

Akzo Nobel India notice of board meeting held on 23 May 2023.

Akzo Nobel India Ltd Page 14

Akzo Nobel India Ltd Page 15

All Rights Reserved

Akzo Nobel India Ltd Page 16

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