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Last Updated on: 21 July, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo

Fundamental Analysis of Akzo Nobel India Ltd

About the Company - Akzo Nobel India Ltd

Akzo Nobel India Ltd. is a Public Limited Listed company incorporated on 12/03/1954 and has its registered office in the State of West Bengal, India. Company’s Corporate Identification Number(CIN) is L24292WB1954PLC021516 and registration number is 021516. Currently Company is involved in the business activities of Manufacture of paints and varnishes, enamels or lacquers. Company’s Total Operating Revenue is Rs. 3148.60 Cr. and Equity Capital is Rs. 45.50 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Paints/Varnishes8-B, Middleton Street, Kolkata West Bengal 700071investor.india@akzonobel.com
http://www.akzonobel.co.in
Management
NamePosition Held
Mr. Rajiv RajgopalChairman & Managing Director
Mr. Krishna RallapalliWholeTime Director & CFO
Mr. Rohit G TotlaWhole Time Director
Mr. Hemant SahaiIndependent Director
Ms. Smriti Rekha VijayIndependent Director
Mr. Amit JainIndependent Director

Basic Stock Data of Akzo Nobel India Ltd

Last Updated: July 20, 2024, 11:30 pm

Market Cap 12,941 Cr.
Current Price 2,842
High / Low3,076/2,265
Stock P/E30.3
Book Value 292
Dividend Yield2.64 %
ROCE42.3 %
ROE32.3 %
Face Value 10.0
PEG Ratio2.80

Data Source: screener.in

Akzo Nobel India Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales7757816267419148679389269879519999561,033
Expenses640668536646786748817820844797837814866
Operating Profit1351149195128119121106143155162142166
OPM %17%15%14%13%14%14%13%11%14%16%16%15%16%
Other Income661035745126898
Interest3233362336333
Depreciation20191820191919202122192120
Profit before tax11799807511010110488132133148127152
Tax %25%25%5%26%24%26%26%26%26%28%26%26%25%
Net Profit8774765684757765979511094114
EPS in Rs19.1916.2916.6712.2318.4016.3816.8914.3621.3920.9524.1320.6824.99

Last Updated: July 11, 2024, 9:18 am

Akzo Nobel India Ltd Quarterly Chart

Akzo Nobel India Ltd Profit & Loss

Last Updated: July 10, 2024, 2:49 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1,9172,1522,3322,4422,6402,5722,7192,9182,6622,4213,1493,8023,894
Expenses1,7421,9642,1412,1812,3802,2442,4202,5762,2912,0782,7143,2763,292
Operating Profit175188192261260329300342370343434526602
OPM %9%9%8%11%10%13%11%12%14%14%14%14%15%
Other Income112138576811065240434121232636
Interest49222344910141414
Depreciation37394453545458657976768284
Profit before tax246279203275314337478316323278367456539
Tax %18%22%26%32%32%27%16%33%27%25%21%26%
Net Profit202219150186214247401211237208290335397
EPS in Rs46.8932.1939.9345.9152.9485.8546.3352.1345.5963.6873.5887.15
Dividend Payout %36%171%233%50%153%42%26%52%27%110%118%88%

Akzo Nobel India Ltd Profit & Loss Yearly Chart

Akzo Nobel India Ltd Growth

Compounded Sales Growth
10 Years:5%
5 Years:6%
3 Years:18%
TTM:4%
Compounded Profit Growth
10 Years:16%
5 Years:17%
3 Years:27%
TTM:27%
Stock Price CAGR
10 Years:10%
5 Years:11%
3 Years:9%
1 Year:9%
Return on Equity
10 Years:22%
5 Years:24%
3 Years:27%
Last Year:32%

Last Updated: July 16, 2024, 6:00 pm

Akzo Nobel India Ltd Balance Sheet

Last Updated: July 10, 2024, 2:49 pm

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital37474747474747464646464646
Reserves1,4041,0598018731,1169621,2441,0901,1921,2421,2131,2701,292
Borrowings000033336464707063
Other Liabilities7671,2001,1918798788729389591,0241,1781,2611,3541,455
Total Liabilities2,2082,3052,0391,7992,0431,8842,2312,0972,3252,5292,5902,7392,855
Fixed Assets356355502516523519539530574543520511512
CWIP15106311292327171616427368
Investments1,004947629394600336573377840000
Other Assets8338988778769111,0061,0921,1731,6521,9692,0292,1562,274
Total Assets2,2082,3052,0391,7992,0431,8842,2312,0972,3252,5292,5902,7392,855

Akzo Nobel India Ltd Reserves and Borrowings Chart

Akzo Nobel India Ltd Cash Flow

MonthMar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity 208171155263143181141375283121486486
Cash from Investing Activity 33250239-156225-61854-225230-15-87
Cash from Financing Activity -231-438-410-113-392-126-360-157-174-346-302-439
Net Cash Flow10-17-16-6-2450-34222-1166170-41

Akzo Nobel India Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days434348424958535654625753
Inventory Days10789869589107848510713512995
Days Payable133135130119145164159131171220164142
Cash Conversion Cycle17-3417-71-229-10-23226
Working Capital Days-8-67-62-12-59151020-3-12165
ROCE %13%15%16%25%26%27%40%24%27%22%28%35%

Akzo Nobel India Ltd Financial Efficiency Indicators Chart

Akzo Nobel India Ltd Share Holding Pattern

MonthJun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
Promoters74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%74.76%
FIIs1.50%1.53%1.65%1.66%1.75%2.12%2.71%2.97%3.15%3.14%3.20%3.42%
DIIs10.85%10.75%10.62%10.50%10.37%9.61%9.21%8.99%8.75%8.61%8.56%8.36%
Public12.89%12.97%12.98%13.09%13.12%13.51%13.33%13.27%13.34%13.49%13.49%13.47%
No. of Shareholders41,31842,58543,41145,78045,74645,88043,94043,73545,23146,65747,32246,712

Akzo Nobel India Ltd Shareholding Pattern Chart

No. of Akzo Nobel India Ltd Shareholders

Akzo Nobel India Ltd Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
Aditya Birla Sun Life Frontline Equity Fund733,5120.86201.53733,5122024-07-200%
HDFC Childrens Gift Fund - Regular Plan443,1941.66121.77733,5122024-07-20-39.58%
Tata Small Cap Fund287,4841.3178.99733,5122024-07-20-60.81%
Tata Large & Mid Cap Fund - Regular Plan181,8000.9749.95733,5122024-07-20-75.22%
Tata Large & Mid Cap Fund - Regular Plan181,8000.9749.95733,5122024-07-20-75.22%
HDFC Housing Opportunities Fund126,3453.0134.71733,5122024-07-20-82.78%
HDFC Retirement Savings Fund - Equity - Regular Plan125,0000.9434.34733,5122024-07-20-82.96%
Templeton India Equity Income Fund115,0002.0231.6733,5122024-07-20-84.32%
UTI Dividend Yield Fund107,0000.9529.4733,5122024-07-20-85.41%
Aditya Birla Sun Life Midcap Fund100,0000.6327.48733,5122024-07-20-86.37%

Akzo Nobel India Ltd ROCE Trend

Akzo Nobel India Ltd EPS Trend

Akzo Nobel India Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)73.5863.7045.6052.1345.96
Diluted EPS (Rs.)73.5863.7045.6052.1345.96
Cash EPS (Rs.)91.7880.4462.2269.3960.57
Book Value[Excl.RevalReserv]/Share (Rs.)289.03276.55282.88271.23248.93
Book Value[Incl.RevalReserv]/Share (Rs.)289.30276.81283.14271.49249.19
Revenue From Operations / Share (Rs.)835.63692.00532.17583.73640.00
PBDIT / Share (Rs.)121.43100.0480.0091.3884.34
PBIT / Share (Rs.)103.3083.3663.4174.0670.04
PBT / Share (Rs.)100.2080.6161.1470.8869.21
Net Profit / Share (Rs.)73.6563.7645.6352.0646.27
NP After MI And SOA / Share (Rs.)73.6563.7645.6352.0646.27
PBDIT Margin (%)14.5314.4515.0315.6513.17
PBIT Margin (%)12.3612.0411.9112.6810.94
PBT Margin (%)11.9911.6411.4812.1410.81
Net Profit Margin (%)8.819.218.578.917.22
NP After MI And SOA Margin (%)8.819.218.578.917.22
Return on Networth / Equity (%)25.4823.0516.1219.1918.58
Return on Capital Employeed (%)31.8226.9420.0524.5026.32
Return On Assets (%)12.2211.198.2010.2010.05
Asset Turnover Ratio (%)1.431.230.991.201.35
Current Ratio (X)1.481.491.601.641.59
Quick Ratio (X)1.000.921.151.191.15
Inventory Turnover Ratio (X)3.303.082.562.944.04
Dividend Payout Ratio (NP) (%)81.52109.8974.5655.5157.25
Dividend Payout Ratio (CP) (%)65.4287.1054.6841.6543.73
Earning Retention Ratio (%)18.48-9.8925.4444.4942.75
Cash Earning Retention Ratio (%)34.5812.9045.3258.3556.27
Interest Coverage Ratio (X)39.1831.3935.3444.8185.47
Interest Coverage Ratio (Post Tax) (X)24.7720.8721.1627.0947.73
Enterprise Value (Cr.)9851.798249.979768.889482.658094.82
EV / Net Operating Revenue (X)2.592.624.033.562.77
EV / EBITDA (X)17.8318.1226.8422.7621.05
MarketCap / Net Operating Revenue (X)2.742.774.343.772.79
Retention Ratios (%)18.47-9.8925.4344.4842.74
Price / BV (X)7.926.928.168.117.18
Price / Net Operating Revenue (X)2.742.774.343.772.79
EarningsYield0.030.030.010.020.02

Akzo Nobel India Ltd Profitability Ratios (%)

Akzo Nobel India Ltd Liquidity Ratios

Akzo Nobel India Ltd Liquidity Ratios (%)

Akzo Nobel India Ltd Interest Coverage Ratios (%)

Akzo Nobel India Ltd Valuation Ratios

Strength and Weakness of Akzo Nobel India Ltd Stock

StrengthWeakness
  1. The stock has a high average ROCE of 24.83%, which is a positive sign.
  2. The stock has a low average Working Capital Days of -13.08, which is a positive sign.
  3. The company has higher reserves (1,112.17 cr) compared to borrowings (28.33 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (2.15 cr) and profit (339.31 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 0.92, which may not be favorable.

FAQ

What is the latest fair value of Akzo Nobel India Ltd?

The latest fair value of Akzo Nobel India Ltd is ₹0.00.

What is the Market Cap of Akzo Nobel India Ltd?

The Market Cap of Akzo Nobel India Ltd is 12,941 Cr..

What is the current Stock Price of Akzo Nobel India Ltd as on 21 July 2024?

The current stock price of Akzo Nobel India Ltd as on 21 July 2024 is 2,842.

What is the High / Low of Akzo Nobel India Ltd stocks in FY 2024?

In FY 2024, the High / Low of Akzo Nobel India Ltd stocks is 3,076/2,265.

What is the Stock P/E of Akzo Nobel India Ltd?

The Stock P/E of Akzo Nobel India Ltd is 30.3.

What is the Book Value of Akzo Nobel India Ltd?

The Book Value of Akzo Nobel India Ltd is 292.

What is the Dividend Yield of Akzo Nobel India Ltd?

The Dividend Yield of Akzo Nobel India Ltd is 2.64 %.

What is the ROCE of Akzo Nobel India Ltd?

The ROCE of Akzo Nobel India Ltd is 42.3 %.

What is the ROE of Akzo Nobel India Ltd?

The ROE of Akzo Nobel India Ltd is 32.3 %.

What is the Face Value of Akzo Nobel India Ltd?

The Face Value of Akzo Nobel India Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Akzo Nobel India Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE