Financials Akzo Nobel India Limited

Equities

Market Closed - Bombay S.E. Other stock markets 06:00:47 2026-03-11 am EDT			5-day change	1st Jan Change
2,889.20 ^INR	+0.11%		-0.38%	-8.94%

Mar. 09	Akzo Nobel India gets tax assessment order proposing additions of 1.12 billion rupees to income of co	RE
Feb. 17	Akzo Nobel India Limited Announces Resignation of HR Director Neelima Kataria, Effective May 6, 2026	CI

Fiscal Period: March	2021	2022	2023	2024	2025	2026
Net sales ¹	24,214	31,486	38,021	39,616	40,912	37,108
Change	-	30.03%	20.76%	4.2%	3.27%	-9.3%
EBITDA ¹	3,407	4,324	5,251	6,321	6,412	5,426
Change	-	26.91%	21.44%	20.38%	1.44%	-15.38%
EBIT ¹	2,652	-	4,426	5,498	5,519	4,687
Change	-	-	-	24.22%	0.38%	-15.08%
Interest Paid ¹	-103	-145	-141	-125	-98	-52
Earnings before Tax (EBT) ¹	2,782	3,667	4,559	5,731	5,697	4,981
Change	-	31.83%	24.33%	25.71%	-0.59%	-12.57%
Net income ¹	2,076	2,900	3,351	4,267	4,286	3,711
Change	-	39.69%	15.55%	27.34%	0.45%	-13.42%
Announcement Date	5/22/21	5/27/22	5/23/23	5/16/24	5/14/25	-

¹INR in Million

Estimates

Fiscal Period: March	2021 Q1	2021 Q2	2021 Q3	2021 Q4	2022 Q1	2022 Q2	2022 Q3	2022 Q4	2023 Q1	2023 Q2	2023 Q3	2023 Q4	2024 Q1	2024 Q2	2025 Q1	2025 Q2	2025 Q3
Net sales ¹	2,645	6,126	7,746	7,814	6,264	7,408	9,143	8,671	9,377	9,262	9,868	9,514	9,992	9,563	-	9,823	10,505
Change	-	131.63%	26.44%	0.87%	-19.83%	18.27%	23.43%	-5.17%	8.14%	-1.23%	6.54%	-3.59%	5.02%	-4.29%	-	-	6.94%
EBITDA	-126.1	1,046	1,350	1,137	905.4	948.6	1,278	1,192	1,211	1,064	-	1,547	1,621	1,418	-	-	-
Change	-	929.1%	29.16%	-15.78%	-20.39%	4.77%	34.77%	-6.76%	1.59%	-12.14%	-	-	4.78%	-12.52%	-	-	-
EBIT	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Charge d'intérêts	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Earnings before Tax (EBT)	-	-	-	991.2	-	753	-	-	-	882	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Net income	-	-	-	742.1	-	557.2	-	-	-	654	-	-	-	-	1,146	-	-
Change	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Announcement Date	8/10/20	11/9/20	2/9/21	5/22/21	8/13/21	11/12/21	2/11/22	5/27/22	8/5/22	11/4/22	2/9/23	5/23/23	8/3/23	11/2/23	8/1/24	11/7/24	2/7/25

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Net Debt	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Announcement Date	5/22/21	5/27/22	5/23/23	5/16/24	5/14/25	-	-	-

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
CAPEX ¹	279	634	1,043	1,185	1,065	1,000	1,000	1,000
Change	-	127.24%	64.51%	13.61%	-10.13%	-6.1%	0%	0%
Free Cash Flow (FCF) ¹	2,548	578	3,817	3,674	2,043	4,108	4,636	5,090
Change	-	-77.32%	560.38%	-3.75%	-44.39%	101.08%	12.85%	9.79%
Announcement Date	5/22/21	5/27/22	5/23/23	5/16/24	5/14/25	-	-	-

¹INR in Million

Estimates

Fiscal Period: March	2021	2022	2023	2024	2025	2026	2027	2028
Profitability
EBITDA Margin (%)	14.07%	13.73%	13.81%	15.96%	15.67%	14.62%	-	-
EBIT Margin (%)	10.95%	-	11.64%	13.88%	13.49%	12.63%	-	-
EBT Margin (%)	11.49%	11.65%	11.99%	14.47%	13.93%	13.42%	-	-
Net margin (%)	8.57%	9.21%	8.81%	10.77%	10.48%	10%	-	-
FCF margin (%)	10.52%	1.84%	10.04%	9.27%	4.99%	11.07%	-	-
FCF / Net Income (%)	122.74%	19.93%	113.91%	86.1%	47.67%	110.7%	-	-
Profitability
ROA	-	-	-	-	-	-	-	-
ROE	16.44%	22.78%	26.03%	32.27%	32.25%	20.5%	-	-
Financial Health
Leverage (Debt/EBITDA)	-	-	-	-	-	-	-	-
Debt / Free cash flow	-	-	-	-	-	-	-	-
Capital Intensity
CAPEX / Current Assets (%)	1.15%	2.01%	2.74%	2.99%	2.6%	2.69%	-	-
CAPEX / EBITDA (%)	8.19%	14.66%	19.86%	18.75%	16.61%	18.43%	-	-
CAPEX / FCF (%)	10.95%	109.69%	27.33%	32.25%	52.13%	24.34%	21.57%	19.65%
Items per share
Cash flow per share ¹	-	-	-	-	-	-	-	-
Change	-	-	-	-	-	-	-	-
Dividend per Share ¹	50	75	65	75	100	225	75	75
Change	-	50%	-13.33%	15.38%	33.33%	125%	-66.67%	0%
Book Value Per Share ¹	282.7	276.4	289.1	292.1	292	501.7	-	-
Change	-	-2.24%	4.61%	1.03%	-0.04%	71.8%	-	-
EPS ¹	45.6	63.68	73.58	93.7	94.11	81.6	105.4	114
Change	-	39.65%	15.55%	27.34%	0.44%	-13.29%	29.17%	8.16%
Nbr of stocks (in thousands)	45,540	45,540	45,540	45,540	45,540	45,540	45,540	45,540
Announcement Date	5/22/21	5/27/22	5/23/23	5/16/24	5/14/25	-	-	-