Akzo Nobel India Ltd

Akzo Nobel India Ltd

₹ 2,425 -1.42%
18 Apr 1:44 p.m.
About

Akzo Nobel India is engaged in the Business of Manufacture of paints and varnishes, enamels or lacquers. Its main brand is Dulux paints

  • Market Cap 11,044 Cr.
  • Current Price 2,425
  • High / Low 3,076 / 2,265
  • Stock P/E 26.7
  • Book Value 294
  • Dividend Yield 2.68 %
  • ROCE 34.7 %
  • ROE 26.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 105%

Cons

  • Stock is trading at 8.49 times its book value
  • The company has delivered a poor sales growth of 6.93% over past five years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Paints/Varnish Industry: Paints / Varnishes

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
775 781 626 741 914 867 938 926 987 951 999 956 1,033
640 668 536 646 786 748 817 820 844 797 837 814 866
Operating Profit 135 114 91 95 128 119 121 106 143 155 162 142 166
OPM % 17% 15% 14% 13% 14% 14% 13% 11% 14% 16% 16% 15% 16%
6 6 10 3 5 7 4 5 12 6 8 9 8
Interest 3 2 3 3 3 6 2 3 3 6 3 3 3
Depreciation 20 19 18 20 19 19 19 20 21 22 19 21 20
Profit before tax 117 99 80 75 110 101 104 88 132 133 148 127 152
Tax % 25% 25% 5% 26% 24% 26% 26% 26% 26% 28% 26% 26% 25%
87 74 76 56 84 75 77 65 97 95 110 94 114
EPS in Rs 19.19 16.29 16.67 12.23 18.40 16.38 16.89 14.36 21.39 20.95 24.13 20.68 24.99
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
1,917 2,152 2,332 2,442 2,640 2,572 2,719 2,918 2,662 2,421 3,149 3,802 3,940
1,742 1,964 2,141 2,181 2,380 2,244 2,420 2,576 2,291 2,078 2,714 3,276 3,315
Operating Profit 175 188 192 261 260 329 300 342 370 343 434 526 625
OPM % 9% 9% 8% 11% 10% 13% 11% 12% 14% 14% 14% 14% 16%
112 138 57 68 110 65 240 43 41 21 23 26 32
Interest 4 9 2 2 2 3 4 4 9 10 14 14 15
Depreciation 37 39 44 53 54 54 58 65 79 76 76 82 83
Profit before tax 246 279 203 275 314 337 478 316 323 278 367 456 559
Tax % 18% 22% 26% 32% 32% 27% 16% 33% 27% 25% 21% 26%
202 219 150 186 214 247 401 211 237 208 290 335 413
EPS in Rs 46.89 32.19 39.93 45.91 52.94 85.85 46.33 52.13 45.59 63.68 73.58 90.75
Dividend Payout % 36% 171% 233% 50% 153% 42% 26% 52% 27% 110% 118% 88%
Compounded Sales Growth
10 Years: 6%
5 Years: 7%
3 Years: 13%
TTM: 6%
Compounded Profit Growth
10 Years: 11%
5 Years: -3%
3 Years: 12%
TTM: 32%
Stock Price CAGR
10 Years: 11%
5 Years: 7%
3 Years: 4%
1 Year: 7%
Return on Equity
10 Years: 20%
5 Years: 20%
3 Years: 22%
Last Year: 26%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 37 47 47 47 47 47 47 46 46 46 46 46 46
Reserves 1,404 1,059 801 873 1,116 962 1,244 1,090 1,192 1,242 1,213 1,270 1,292
0 0 0 0 3 3 3 3 64 64 70 70 63
767 1,200 1,191 879 878 872 938 959 1,024 1,178 1,261 1,354 1,455
Total Liabilities 2,208 2,305 2,039 1,799 2,043 1,884 2,231 2,097 2,325 2,529 2,590 2,739 2,855
356 355 502 516 523 519 539 530 574 543 520 511 512
CWIP 15 106 31 12 9 23 27 17 16 16 42 73 68
Investments 1,004 947 629 394 600 336 573 377 84 0 0 0 0
833 898 877 876 911 1,006 1,092 1,173 1,652 1,969 2,029 2,156 2,274
Total Assets 2,208 2,305 2,039 1,799 2,043 1,884 2,231 2,097 2,325 2,529 2,590 2,739 2,855

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
137 208 171 155 263 143 181 141 375 283 121 486
-27 33 250 239 -156 225 -6 185 4 -225 230 -15
-72 -231 -438 -410 -113 -392 -126 -360 -157 -174 -346 -302
Net Cash Flow 38 10 -17 -16 -6 -24 50 -34 222 -116 6 170

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 43 43 48 42 49 58 53 56 54 62 57 53
Inventory Days 107 89 86 95 89 107 84 85 107 135 129 95
Days Payable 133 135 130 119 145 164 159 131 171 220 164 142
Cash Conversion Cycle 17 -3 4 17 -7 1 -22 9 -10 -23 22 6
Working Capital Days -8 -67 -62 -12 -59 15 10 20 -3 -12 16 5
ROCE % 13% 15% 16% 25% 26% 27% 40% 24% 27% 22% 28% 35%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
74.76% 74.76% 74.76% 74.76% 74.76% 74.76% 74.76% 74.76% 74.76% 74.76% 74.76% 74.76%
1.50% 1.53% 1.65% 1.66% 1.75% 2.12% 2.71% 2.97% 3.15% 3.14% 3.20% 3.42%
10.85% 10.75% 10.62% 10.50% 10.37% 9.61% 9.21% 8.99% 8.75% 8.61% 8.56% 8.36%
12.89% 12.97% 12.98% 13.09% 13.12% 13.51% 13.33% 13.27% 13.34% 13.49% 13.49% 13.47%
No. of Shareholders 41,31842,58543,41145,78045,74645,88043,94043,73545,23146,65747,32246,712

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Concalls