Akzo Nobel India (AKZOINDIA) | Financial Analysis & Statements
Akzo Nobel India Ltd. Mid-cap Basic Materials
TL;DR: Financial Overview - Revenue, Profits & Key Metrics
Latest Quarterly: Jun 2025Income Metrics
Revenue
10.0B
Gross Profit
4.3B
42.84%
Operating Income
1.2B
11.68%
Net Income
910.0M
9.14%
EPS (Diluted)
₹19.98
Balance Sheet Metrics
Total Assets
29.0B
Total Liabilities
15.7B
Shareholders Equity
13.3B
Debt to Equity
1.18
Cash Flow Metrics
Revenue & Profitability Trend
Quarter Income Flow
Jun 30, 2025
Annual Income Flow
2025
Akzo Nobel India Income Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Revenue | 40.6B | 39.4B | 37.8B | 31.1B | 24.0B |
| Cost of Goods Sold | 24.6B | 22.3B | 22.9B | 18.8B | 14.1B |
| Gross Profit | 16.0B | 17.1B | 14.8B | 12.3B | 9.9B |
| Gross Margin % | 39.5% | 43.4% | 39.3% | 39.4% | 41.2% |
| Operating Expenses | |||||
| Research & Development | - | - | - | - | - |
| Selling, General & Administrative | 3.5B | 3.3B | 3.0B | 2.5B | 2.0B |
| Other Operating Expenses | 2.9B | 4.3B | 3.7B | 3.0B | 2.1B |
| Total Operating Expenses | 6.4B | 7.6B | 6.7B | 5.4B | 4.1B |
| Operating Income | 5.4B | 5.4B | 4.4B | 3.5B | 2.6B |
| Operating Margin % | 13.3% | 13.7% | 11.5% | 11.2% | 10.9% |
| Non-Operating Items | |||||
| Interest Income | 265.0M | 356.0M | 255.0M | 194.0M | 199.0M |
| Interest Expense | 91.0M | 102.0M | 108.0M | 117.0M | 100.0M |
| Other Non-Operating Income | - | - | - | - | - |
| Pre-tax Income | 5.7B | 5.7B | 4.6B | 3.7B | 2.8B |
| Income Tax | 1.4B | 1.5B | 1.2B | 767.0M | 706.0M |
| Effective Tax Rate % | 24.6% | 25.5% | 26.5% | 20.9% | 25.4% |
| Net Income | 4.3B | 4.3B | 3.4B | 2.9B | 2.1B |
| Net Margin % | 10.6% | 10.8% | 8.9% | 9.3% | 8.7% |
| Key Metrics | |||||
| EBITDA | 6.7B | 6.7B | 5.5B | 4.5B | 3.6B |
| EPS (Basic) | ₹94.31 | ₹93.68 | ₹73.58 | ₹63.70 | ₹45.60 |
| EPS (Diluted) | ₹94.31 | ₹93.68 | ₹73.58 | ₹63.70 | ₹45.60 |
| Basic Shares Outstanding | 45540314 | 45540314 | 45540314 | 45540314 | 45540314 |
| Diluted Shares Outstanding | 45540314 | 45540314 | 45540314 | 45540314 | 45540314 |
Income Statement Trend
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Akzo Nobel India Balance Sheet From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Assets | |||||
| Current Assets | |||||
| Cash & Equivalents | 2.5B | 2.7B | 3.1B | 1.4B | 1.4B |
| Short-term Investments | 386.0M | 2.4B | 2.4B | 3.0B | 5.8B |
| Accounts Receivable | 5.8B | 5.8B | 5.5B | 5.0B | 4.1B |
| Inventory | 6.0B | 6.1B | 6.0B | 6.6B | 4.9B |
| Other Current Assets | 1.7B | 2.0B | 1.4B | 1.3B | 1.0B |
| Total Current Assets | 20.1B | 19.2B | 18.7B | 17.6B | 17.5B |
| Non-Current Assets | |||||
| Property, Plant & Equipment | 2.2B | 1.9B | 1.6B | 1.6B | 1.5B |
| Goodwill | 19.0M | 30.0M | 41.0M | 52.0M | 63.0M |
| Intangible Assets | 19.0M | 30.0M | 41.0M | 52.0M | 63.0M |
| Long-term Investments | - | - | - | - | - |
| Other Non-Current Assets | 1.2B | 1.2B | 9.0M | 9.0M | 7.0M |
| Total Non-Current Assets | 8.9B | 9.8B | 8.7B | 8.3B | 7.8B |
| Total Assets | 29.0B | 29.0B | 27.4B | 25.9B | 25.3B |
| Liabilities | |||||
| Current Liabilities | |||||
| Accounts Payable | 9.6B | 10.0B | 8.6B | 8.5B | 8.0B |
| Short-term Debt | 173.0M | 153.0M | 167.0M | 154.0M | 128.0M |
| Current Portion of Long-term Debt | - | - | - | - | - |
| Other Current Liabilities | 2.6B | 2.7B | 1.9B | 1.8B | 1.5B |
| Total Current Liabilities | 14.5B | 14.2B | 12.6B | 11.8B | 11.0B |
| Non-Current Liabilities | |||||
| Long-term Debt | 448.0M | 451.0M | 530.0M | 551.0M | 511.0M |
| Deferred Tax Liabilities | - | - | - | - | - |
| Other Non-Current Liabilities | 91.0M | 91.0M | 11.0M | 11.0M | 5.0M |
| Total Non-Current Liabilities | 1.2B | 1.5B | 1.6B | 1.5B | 1.4B |
| Total Liabilities | 15.7B | 15.7B | 14.2B | 13.3B | 12.4B |
| Equity | |||||
| Common Stock | 455.0M | 455.0M | 455.0M | 455.0M | 455.0M |
| Retained Earnings | 7.7B | 7.7B | 7.6B | 7.0B | 7.3B |
| Treasury Stock | - | - | - | - | - |
| Other Equity | - | - | - | - | - |
| Total Shareholders Equity | 13.3B | 13.3B | 13.2B | 12.6B | 12.9B |
| Key Metrics | |||||
| Total Debt | 621.0M | 604.0M | 697.0M | 705.0M | 639.0M |
| Working Capital | 5.6B | 5.0B | 6.0B | 5.8B | 6.4B |
Balance Sheet Composition
Akzo Nobel India Cash Flow Statement From 2021 to 2025
| Metric | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Operating Activities | |||||
| Net Income | 5.7B | 5.7B | 4.6B | 3.7B | 2.8B |
| Depreciation & Amortization | - | - | - | - | - |
| Stock-Based Compensation | - | - | - | - | - |
| Working Capital Changes | -1.8B | -1.3B | 664.0M | -2.5B | -1.1B |
| Operating Cash Flow | 3.8B | 4.2B | 5.1B | 1.1B | 1.6B |
| Investing Activities | |||||
| Capital Expenditures | -1.1B | -1.2B | -1.0B | -634.0M | -281.0M |
| Acquisitions | -1.0M | - | - | - | - |
| Investment Purchases | - | - | - | - | -3.0B |
| Investment Sales | 2.0B | - | 639.0M | 2.8B | 835.0M |
| Investing Cash Flow | 928.0M | -1.2B | -404.0M | 4.9B | -5.5B |
| Financing Activities | |||||
| Share Repurchases | - | - | - | - | - |
| Dividends Paid | -4.3B | -4.1B | -2.7B | -3.2B | -1.5B |
| Debt Issuance | - | - | - | - | - |
| Debt Repayment | - | - | - | - | - |
| Financing Cash Flow | -4.3B | -4.1B | -2.7B | -3.2B | -1.5B |
| Free Cash Flow | 2.0B | 3.7B | 3.8B | 580.0M | 2.6B |
| Net Change in Cash | 358.0M | -1.1B | 2.0B | 2.8B | -5.5B |
Cash Flow Trend
Akzo Nobel India Key Financial Ratios
Valuation Ratios
P/E Ratio (TTM)
6.95
Forward P/E
28.34
Price to Book
10.23
Price to Sales
3.62
PEG Ratio
-0.29
Profitability Ratios
Profit Margin
52.03%
Operating Margin
12.97%
Return on Equity
32.29%
Return on Assets
14.79%
Financial Health
Debt to Equity
3.16
Beta
0.09
Per Share Data
EPS (TTM)
₹429.50
Book Value per Share
₹292.09
Revenue per Share
₹825.66
Peer Financial Comparison
| Company | Market Cap | P/E Ratio | P/B Ratio | ROE | Profit Margin | Debt/Equity |
|---|---|---|---|---|---|---|
| AKZOINDIA | 134.6B | 6.95 | 10.23 | 32.29% | 52.03% | 3.16 |
| Asian Paints | 2.4T | 62.11 | 12.16 | 18.28% | 11.10% | 17.61 |
| Pidilite Industries | 1.4T | 62.22 | 14.87 | 20.85% | 16.19% | 4.54 |
| Atul | 198.1B | 33.01 | 3.32 | 8.55% | 9.81% | 3.14 |
| ACUTAAS CHEMICALS | 196.1B | 68.49 | 13.88 | 12.02% | 23.62% | 0.58 |
| Ami Organics | 190.1B | 119.06 | - | 12.15% | 45.16% | 0.01 |
Financial data is updated regularly. All figures are in the company's reporting currency.





