Akzo Nobel India Limited (AKZOINDIA) AI Stock Analysis

• Market Cap: ₹155.69B
• Dividend Yield: 2.64%
• Average Volume (3M): 3.06K
• Price to Earnings (P/E): 38.4
• Beta (1Y): 0.46
• Revenue Growth: 1.28%
• EPS Growth: -5.89%
• Country: IN
• Employees: 1,500
• Sector: Basic Materials
• Sector Strength: 66
• Industry: Chemicals - Specialty
• EPS (TTM): 19.98
• Shares Outstanding: 45,540,314
• 10 Day Avg. Volume: 3,661
• 30 Day Avg. Volume: 3,060
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹4,073.00
• Price Target Upside: 19.14% Upside
• Rating Consensus: Moderate Buy
• Number of Analyst Covering: 1

• Rating: 76 Outperform
• Price Target: ₹4,073.00 ▲(19.14% Upside)

The overall stock score of 76 reflects Akzo Nobel India Limited's strong financial performance and solid technical momentum. While the stock's valuation is on the higher side, the attractive dividend yield provides a buffer. The absence of earnings call and corporate events data means these areas are not currently influencing the stock's evaluation.

Akzo Nobel India Limited Business Overview & Revenue Model

Company Description

Akzo Nobel India Limited (AKZOINDIA) is a leading company in the Indian chemical industry, specializing in the production and distribution of paints, coatings, and specialty chemicals. The company operates primarily in the decorative paints segment, offering a wide range of products for both interior and exterior applications. As a subsidiary of AkzoNobel N.V., a global leader in the coatings and paints industry, Akzo Nobel India leverages innovative technologies and sustainable practices to deliver high-quality products to its customers.

How the Company Makes Money

Akzo Nobel India Limited generates revenue primarily through the sale of its decorative paints and coatings. The company's key revenue streams include the sale of premium interior and exterior paints, specialty coatings for various industries, and related products. It sells these products through a wide distribution network that includes retail outlets, dealers, and direct sales to contractors and professionals. Additionally, the company benefits from its association with AkzoNobel N.V., which provides access to advanced research, development capabilities, and global supply chains. Strategic partnerships with local businesses and adherence to sustainability practices also contribute positively to its financial performance.

Akzo Nobel India Limited Financial Statement Overview

Summary

Akzo Nobel India Limited shows strong financial health with consistent revenue growth and solid profitability margins. The balance sheet is robust with low leverage and high equity ratio. However, the decline in cash and cash equivalents and minor decline in EBITDA margin suggest a need for improved cash management and cost control.

Income Statement

Akzo Nobel India Limited demonstrated strong revenue growth with a consistent increase over the years, reaching a total revenue of ₹40,912 Crores in 2025. The Gross Profit Margin improved to approximately 43.34%, indicating efficient cost management. The Net Profit Margin remained stable at 10.5%, reflecting healthy profitability despite competitive pressures in the specialty chemicals industry. EBIT Margin improved significantly to 35.09%, showcasing operational efficiency. EBITDA Margin, however, showed a minor decline, necessitating attention to non-operating expenses.

Balance Sheet

The company's balance sheet is robust with a declining trend in Total Debt, resulting in a favorable Debt-to-Equity ratio of 0.05. The Return on Equity (ROE) stood at 32.28%, indicating effective utilization of equity. The Equity Ratio of 45.82% suggests a healthy proportion of total assets financed by shareholders' equity. Although the balance sheet is strong, the decline in Cash and Cash Equivalents over recent years might require strategic cash management.

Cash Flow

Akzo Nobel India's Operating Cash Flow to Net Income Ratio is 0.72, reflecting adequate cash generation from operations. Free Cash Flow to Net Income Ratio was 0.48, showing positive free cash flow generation. However, Free Cash Flow Growth Rate showed a decline, requiring enhanced focus on cash flow optimization and capital allocation strategies.

Breakdown	Mar 2025	Mar 2024	Mar 2022	Mar 2023	Mar 2021
Income Statement
Total Revenue	40.91B	39.37B	31.09B	37.77B	23.97B
Gross Profit	17.73B	16.74B	12.26B	14.83B	9.88B
EBITDA	6.42B	6.67B	4.54B	5.52B	3.64B
Net Income	4.29B	4.27B	2.90B	3.35B	2.08B
Balance Sheet
Total Assets	29.03B	29.04B	25.92B	27.41B	25.30B
Cash, Cash Equivalents and Short-Term Investments	3.00B	5.14B	4.47B	5.53B	7.19B
Total Debt	621.00M	604.00M	705.00M	697.00M	639.00M
Total Liabilities	15.73B	15.74B	13.32B	14.24B	12.42B
Stockholders Equity	13.30B	13.30B	12.60B	13.16B	12.88B
Cash Flow
Free Cash Flow	2.04B	3.67B	580.00M	3.82B	2.55B
Operating Cash Flow	3.11B	4.86B	1.21B	4.86B	2.83B
Investing Cash Flow	1.23B	-860.00M	2.30B	-151.00M	-2.25B
Financing Cash Flow	-4.59B	-4.39B	-3.46B	-3.02B	-1.74B

Akzo Nobel India Limited Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 3418.65
• 50DMA: Positive
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:AKZOINDIA, the sentiment is Neutral. The current price of 3418.65 is below the 20-day moving average (MA) of 3537.53, above the 50-day MA of 3335.54, and above the 200-day MA of 3358.92, indicating a neutral trend. The MACD of 21.17 indicates Positive momentum. The RSI at 46.75 is Neutral, neither overbought nor oversold. The STOCH value of 8.25 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:AKZOINDIA.

Akzo Nobel India Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
AKZOINDIA	76 Outperform	₹155.69B	38.36		2.64%	1.28%	-5.89%
KANSAINER	73 Outperform	₹190.60B	16.82		1.06%	0.95%	67.04%
GPIL	70 Outperform	₹135.86B	17.38		0.49%	-2.12%	-20.01%
INDIGOPNTS	70 Outperform	₹52.82B	37.34		0.32%	0.75%	-0.74%
Sector *	44 Neutral	AU$1.54B	-7.28	-22.76%	4.37%	-3.13%	-36.41%

Akzo Nobel India Limited Corporate Events

Akzo Nobel India Releases Q2 2025 Financial Results

Akzo Nobel India Limited has released an investor presentation detailing its unaudited financial results for the quarter ending June 30, 2025. This announcement, approved by the Board of Directors, reflects the company’s ongoing commitment to transparency and provides insights into its financial performance, which could influence its market positioning and stakeholder confidence.

Akzo Nobel India Faces Tax Dispute Appeal

Akzo Nobel India Limited has received an Order-in-Appeal from the Telangana GST Department regarding a tax dispute involving a demand of ₹2.9 crores, along with interest and penalties. The company is actively responding to the appeal, which may impact its financial obligations and requires further submissions to the relevant authorities.