Akzo Nobel India Ltd

Akzo Nobel India Ltd

₹ 3,257 -0.98%
21 Feb - close price
About

Incorporated in 1954, Akzo Noble India Ltd is
in the business of manufacturing, trading, and selling paints and related products. It also provides research and development services
to its Holding Company and other group companies[1]

Key Points

Business Overview:[1]
ANL is a part of the Akzo Nobel group, the world's largest coating company. It supplies essential protection and essential color to industries and consumers.

  • Market Cap 14,833 Cr.
  • Current Price 3,257
  • High / Low 4,674 / 2,265
  • Stock P/E 34.5
  • Book Value 313
  • Dividend Yield 2.30 %
  • ROCE 42.3 %
  • ROE 32.3 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 27.1%
  • Company has been maintaining a healthy dividend payout of 95.3%

Cons

  • Stock is trading at 10.4 times its book value

* 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
914 867 938 926 987 951 999 956 1,033 973 1,036 982 1,050
786 748 817 820 844 797 837 814 866 812 867 836 884
Operating Profit 128 119 121 106 143 155 162 142 166 162 169 146 167
OPM % 14% 14% 13% 11% 14% 16% 16% 15% 16% 17% 16% 15% 16%
5 7 4 5 12 6 8 9 8 10 10 9 6
Interest 3 6 2 3 3 6 3 3 3 3 2 2 3
Depreciation 19 19 19 20 21 22 19 21 20 22 22 22 23
Profit before tax 110 101 104 88 132 133 148 127 152 147 154 132 146
Tax % 24% 26% 26% 26% 26% 28% 26% 26% 25% 26% 26% 26% 26%
84 75 77 65 97 95 110 94 114 109 115 98 109
EPS in Rs 18.40 16.38 16.89 14.36 21.39 20.95 24.13 20.68 24.99 23.89 25.16 21.50 23.85
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
2,152 2,332 2,442 2,640 2,572 2,719 2,918 2,662 2,421 3,149 3,802 3,962 4,042
1,964 2,141 2,181 2,380 2,244 2,420 2,576 2,291 2,078 2,714 3,276 3,328 3,398
Operating Profit 188 192 261 260 329 300 342 370 343 434 526 633 644
OPM % 9% 8% 11% 10% 13% 11% 12% 14% 14% 14% 14% 16% 16%
138 57 68 110 65 240 43 41 21 23 26 35 35
Interest 9 2 2 2 3 4 4 9 10 14 14 12 10
Depreciation 39 44 53 54 54 58 65 79 76 76 82 82 89
Profit before tax 279 203 275 314 337 478 316 323 278 367 456 573 579
Tax % 22% 26% 32% 32% 27% 16% 33% 27% 25% 21% 26% 26%
219 150 186 214 247 401 211 237 208 290 335 427 430
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 93.70 94.40
Dividend Payout % 171% 233% 50% 153% 42% 26% 52% 27% 110% 118% 88% 80%
Compounded Sales Growth
10 Years: 5%
5 Years: 6%
3 Years: 18%
TTM: 3%
Compounded Profit Growth
10 Years: 16%
5 Years: 17%
3 Years: 27%
TTM: 4%
Stock Price CAGR
10 Years: 8%
5 Years: 7%
3 Years: 21%
1 Year: 19%
Return on Equity
10 Years: 22%
5 Years: 24%
3 Years: 27%
Last Year: 32%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 47 47 47 47 47 47 46 46 46 46 46 46 46
Reserves 1,059 801 873 1,116 962 1,244 1,090 1,192 1,242 1,213 1,270 1,284 1,380
-0 -0 -0 3 3 3 3 64 64 70 70 60 64
1,200 1,191 879 878 872 938 959 1,024 1,178 1,261 1,354 1,513 1,676
Total Liabilities 2,305 2,039 1,799 2,043 1,884 2,231 2,097 2,325 2,529 2,590 2,739 2,903 3,166
355 502 516 523 519 539 530 574 543 520 511 526 562
CWIP 106 31 12 9 23 27 17 16 16 42 73 119 92
Investments 947 629 394 600 336 573 377 84 0 -0 -0 -0 -0
898 877 876 911 1,006 1,092 1,173 1,652 1,969 2,029 2,156 2,258 2,511
Total Assets 2,305 2,039 1,799 2,043 1,884 2,231 2,097 2,325 2,529 2,590 2,739 2,903 3,166

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
208 171 155 263 143 181 141 375 283 121 486 486
33 250 239 -156 225 -6 185 4 -225 230 -15 -87
-231 -438 -410 -113 -392 -126 -360 -157 -174 -346 -302 -439
Net Cash Flow 10 -17 -16 -6 -24 50 -34 222 -116 6 170 -41

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 43 48 42 49 58 53 56 54 62 57 53 53
Inventory Days 89 86 95 89 107 84 85 107 135 129 95 100
Days Payable 135 130 119 145 164 159 131 171 220 164 138 164
Cash Conversion Cycle -3 4 17 -7 1 -22 9 -10 -23 22 11 -10
Working Capital Days -67 -62 -12 -59 15 10 20 -3 -12 16 5 -1
ROCE % 15% 16% 25% 26% 27% 40% 24% 27% 22% 28% 35% 42%

Shareholding Pattern

Numbers in percentages

Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 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%
1.66% 1.75% 2.12% 2.71% 2.97% 3.15% 3.14% 3.20% 3.42% 3.63% 3.75% 3.84%
10.50% 10.37% 9.61% 9.21% 8.99% 8.75% 8.61% 8.56% 8.36% 8.28% 8.11% 8.05%
13.09% 13.12% 13.51% 13.33% 13.27% 13.34% 13.49% 13.49% 13.47% 13.33% 13.39% 13.35%
No. of Shareholders 45,78045,74645,88043,94043,73545,23146,65747,32246,71246,66245,90648,266

* 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.

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