Akzo Nobel India Ltd

Akzo Nobel India Ltd

₹ 2,814 -0.95%
22 Jul - close price
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 12,817 Cr.
  • Current Price 2,814
  • High / Low 3,076 / 2,265
  • Stock P/E 30.0
  • Book Value 292
  • Dividend Yield 2.66 %
  • 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 91.7%

Cons

  • Stock is trading at 9.64 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.

Peer comparison

Sector: Paints/Varnish Industry: Paints / Varnishes

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
781 626 741 914 867 938 926 987 951 999 956 1,033 973
668 536 646 786 748 817 820 844 797 837 814 866 812
Operating Profit 114 91 95 128 119 121 106 143 155 162 142 166 162
OPM % 15% 14% 13% 14% 14% 13% 11% 14% 16% 16% 15% 16% 17%
6 10 3 5 7 4 5 12 6 8 9 8 10
Interest 2 3 3 3 6 2 3 3 6 3 3 3 3
Depreciation 19 18 20 19 19 19 20 21 22 19 21 20 22
Profit before tax 99 80 75 110 102 104 88 132 133 148 127 152 147
Tax % 25% 5% 26% 24% 26% 26% 26% 26% 28% 26% 26% 25% 26%
74 76 56 84 75 77 65 97 95 110 94 114 109
EPS in Rs 16.29 16.67 12.24 18.40 16.40 16.89 14.36 21.39 20.95 24.13 20.68 24.99 23.87
Raw PDF
Upcoming result date: 1 August 2024

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
974 894 856 2,640 2,572 2,719 2,918 2,662 2,421 3,149 3,802 3,962
1,359 808 1,024 2,380 2,244 2,420 2,576 2,291 2,078 2,714 3,276 3,328
Operating Profit -385 86 -168 260 329 299 342 370 343 434 526 633
OPM % -40% 10% -20% 10% 13% 11% 12% 14% 14% 14% 14% 16%
1,027 31 571 110 65 240 43 41 21 23 26 35
Interest 3 3 3 2 3 4 4 9 10 14 14 12
Depreciation 35 23 21 54 54 58 65 79 76 76 82 82
Profit before tax 603 90 379 314 337 478 316 323 278 367 456 573
Tax % 23% 34% 22% 32% 27% 16% 33% 27% 25% 21% 26% 26%
463 60 295 214 247 400 211 237 208 290 335 427
EPS in Rs 112.98 15.55 77.22 45.91 52.94 85.75 46.33 52.13 45.59 63.70 73.58 93.68
Dividend Payout % 24% 51% 21% 153% 42% 26% 52% 27% 110% 118% 88% 69%
Compounded Sales Growth
10 Years: %
5 Years: 6%
3 Years: 18%
TTM: 4%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 27%
TTM: 27%
Stock Price CAGR
10 Years: 9%
5 Years: 10%
3 Years: 7%
1 Year: 6%
Return on Equity
10 Years: %
5 Years: 24%
3 Years: 27%
Last Year: 32%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 41 38 38 47 47 47 46 46 46 46 46 46
Reserves 829 724 933 1,116 963 1,244 1,091 1,192 1,243 1,214 1,271 1,284
1 1 0 3 3 3 3 64 64 70 70 60
446 395 361 878 872 939 959 1,024 1,178 1,262 1,354 1,514
Total Liabilities 1,317 1,159 1,332 2,044 1,884 2,233 2,098 2,326 2,530 2,592 2,740 2,904
139 142 133 523 519 539 530 574 543 520 511 526
CWIP 6 18 2 9 23 27 17 16 16 42 73 119
Investments 817 684 915 600 336 573 377 84 0 0 0 0
356 316 283 912 1,007 1,094 1,174 1,652 1,970 2,030 2,157 2,259
Total Assets 1,317 1,159 1,332 2,044 1,884 2,233 2,098 2,326 2,530 2,592 2,740 2,904

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-52 83 2 263 143 183 139 374 283 121 486 486
599 102 283 -156 225 -6 185 4 -225 230 -15 -87
-38 -265 -54 -113 -392 -126 -360 -157 -174 -346 -302 -439
Net Cash Flow 509 -80 231 -6 -24 51 -36 221 -115 6 170 -41

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2007 Mar 2008 Mar 2009 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 63 43 32 49 58 53 56 54 62 57 53 53
Inventory Days 86 91 81 89 107 84 85 107 135 129 95 100
Days Payable 143 185 150 145 164 159 131 171 220 164 138 164
Cash Conversion Cycle 6 -51 -37 -7 1 -22 9 -10 -23 22 11 -10
Working Capital Days -36 -35 -37 -1 15 10 20 -3 -12 15 5 -1
ROCE % 15% 12% 13% 27% 40% 24% 27% 22% 28% 35% 42%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 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%
1.53% 1.65% 1.66% 1.75% 2.12% 2.71% 2.97% 3.15% 3.14% 3.20% 3.42% 3.63%
10.75% 10.62% 10.50% 10.37% 9.61% 9.21% 8.99% 8.75% 8.61% 8.56% 8.36% 8.28%
12.97% 12.98% 13.09% 13.12% 13.51% 13.33% 13.27% 13.34% 13.49% 13.49% 13.47% 13.33%
No. of Shareholders 42,58543,41145,78045,74645,88043,94043,73545,23146,65747,32246,71246,662

* 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.

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