Akzo Nobel India Ltd
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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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% |
Documents
Announcements
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Compliance Certificate U/R 7(3) For The Year Ended 31 March 2024
1d - Compliance certificate under regulation 7(3) for the period 1 April 2023 to 31 March 2024.
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Compliance Certificate U/R 40(9)
1d - Compliance certificate from PCS for the year ended 31 March 2024
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Intimation Regarding Receipt Of Order From TN GST Dept
12 Apr - Details of orders received from Tamil Nadu GST Department setting aside ITC disallowance.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under regulation 74(5) of SEBI (DP) Regulations for the quarter ended 31 March 2024.
- Update On Pending Litigation Under Regulation 30 4 Apr
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2011
from nse
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Financial Year 2010
from bse
Concalls
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Feb 2024Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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Aug 2023TranscriptNotesPPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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Jun 2022Transcript PPT
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Aug 2021TranscriptNotesPPT
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Mar 2020TranscriptPPT
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Sep 2019Transcript PPT