company background image
5007

Akzo Nobel IndiaBSE:500710 Stock Report

Last Price

₹1.98k

Market Cap

₹90.3b

7D

-0.9%

1Y

-14.8%

Updated

16 Jan, 2022

Data

Company Financials
500710 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth0/6
Past Performance6/6
Financial Health6/6
Dividends4/6

500710 Stock Overview

Akzo Nobel India Limited manufactures and sells paints and coatings in India and internationally.

Akzo Nobel India Competitors

Asian Paints

NSEI:ASIANPAINT

₹3.2t

Indigo Paints

BSE:543258

₹98.6b

Shalimar Paints

BSE:509874

₹7.2b

Berger Paints India

BSE:509480

₹749.2b

Price History & Performance

Summary of all time highs, changes and price drops for Akzo Nobel India
Historical stock prices
Current Share Price₹1,983.25
52 Week High₹2,510.00
52 Week Low₹1,960.80
Beta0.22
1 Month Change-0.48%
3 Month Change-10.18%
1 Year Change-14.77%
3 Year Change14.75%
5 Year Change40.58%
Change since IPO891.13%

Recent News & Updates

Shareholder Returns

500710IN ChemicalsIN Market
7D-0.9%0.9%2.2%
1Y-14.8%50.0%36.2%

Return vs Industry: 500710 underperformed the Indian Chemicals industry which returned 50% over the past year.

Return vs Market: 500710 underperformed the Indian Market which returned 36.2% over the past year.

Price Volatility

Is 500710's price volatile compared to industry and market?
500710 volatility
500710 Average Weekly Movement2.7%
Chemicals Industry Average Movement6.3%
Market Average Movement6.7%
10% most volatile stocks in IN Market9.8%
10% least volatile stocks in IN Market4.1%

Stable Share Price: 500710 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: 500710's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19111,500Rajiv Rajgopalhttps://www.akzonobel.co.in

Akzo Nobel India Limited manufactures and sells paints and coatings in India and internationally. The company offers marine and protective, powder, industrial, and automotive and specialty coatings; paints, varnishes, enamels, lacquers, and emulsions for interior, exterior, and wood care and metal decoration and protection applications, as well as for institutions/builders; and waterproofing paint products. Its products are used in oil and gas, power, infrastructure, and wind energy projects; architecture and construction business; offshore supply, service and transport vessels, and fishing sectors; vehicle refinishes business; and roofing, building, aluminum composite panels, and domestic appliance sectors.

Akzo Nobel India Fundamentals Summary

How do Akzo Nobel India's earnings and revenue compare to its market cap?
500710 fundamental statistics
Market Cap₹90.32b
Earnings (TTM)₹2.93b
Revenue (TTM)₹29.23b

30.8x

P/E Ratio

3.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500710 income statement (TTM)
Revenue₹29.23b
Cost of Revenue₹16.97b
Gross Profit₹12.26b
Expenses₹9.33b
Earnings₹2.93b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)64.38
Gross Margin41.93%
Net Profit Margin10.03%
Debt/Equity Ratio0%

How did 500710 perform over the long term?

See historical performance and comparison

Dividends

3.0%

Current Dividend Yield

47%

Payout Ratio

Valuation

Is Akzo Nobel India undervalued compared to its fair value and its price relative to the market?

30.8x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500710 (₹1983.25) is trading above our estimate of fair value (₹936.66)

Significantly Below Fair Value: 500710 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500710 is poor value based on its PE Ratio (30.8x) compared to the Indian Chemicals industry average (20.5x).

PE vs Market: 500710 is poor value based on its PE Ratio (30.8x) compared to the Indian market (23.5x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 500710's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 500710 is overvalued based on its PB Ratio (7x) compared to the IN Chemicals industry average (2.5x).


Future Growth

How is Akzo Nobel India forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

20.9%

Forecasted Materials industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Akzo Nobel India has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Past Performance

How has Akzo Nobel India performed over the past 5 years?

1.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500710 has high quality earnings.

Growing Profit Margin: 500710's current net profit margins (10%) are higher than last year (8.1%).


Past Earnings Growth Analysis

Earnings Trend: 500710's earnings have grown by 1.5% per year over the past 5 years.

Accelerating Growth: 500710's earnings growth over the past year (65.6%) exceeds its 5-year average (1.5% per year).

Earnings vs Industry: 500710 earnings growth over the past year (65.6%) exceeded the Chemicals industry 43.3%.


Return on Equity

High ROE: 500710's Return on Equity (22.9%) is considered high.


Financial Health

How is Akzo Nobel India's financial position?


Financial Position Analysis

Short Term Liabilities: 500710's short term assets (₹16.2B) exceed its short term liabilities (₹10.0B).

Long Term Liabilities: 500710's short term assets (₹16.2B) exceed its long term liabilities (₹1.6B).


Debt to Equity History and Analysis

Debt Level: 500710 is debt free.

Reducing Debt: 500710 currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: 500710 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 500710 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Akzo Nobel India current dividend yield, its reliability and sustainability?

3.03%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500710's dividend (3.03%) is higher than the bottom 25% of dividend payers in the Indian market (0.3%).

High Dividend: 500710's dividend (3.03%) is in the top 25% of dividend payers in the Indian market (1.34%)


Stability and Growth of Payments

Stable Dividend: 500710's dividend payments have been volatile in the past 10 years.

Growing Dividend: 500710's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (46.6%), 500710's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.8yrs

Average management tenure


CEO

Rajiv Rajgopal (53 yo)

3.17yrs

Tenure

₹52,160,000

Compensation

Mr. Rajiv Rajgopal, MBA, is a Managing Director and Director of Akzo Nobel India Limited since November 1, 2018. He served as Director of Sales & Marketing - Deco at Akzo Nobel India Limited from February...


CEO Compensation Analysis

Compensation vs Market: Rajiv's total compensation ($USD703.87K) is above average for companies of similar size in the Indian market ($USD443.16K).

Compensation vs Earnings: Rajiv's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: 500710's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

Experienced Board: 500710's board of directors are considered experienced (3.2 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Akzo Nobel India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Akzo Nobel India Limited
  • Ticker: 500710
  • Exchange: BSE
  • Founded: 1911
  • Industry: Specialty Chemicals
  • Sector: Materials
  • Implied Market Cap: ₹90.318b
  • Shares outstanding: 45.54m
  • Website: https://www.akzonobel.co.in

Number of Employees


Location

  • Akzo Nobel India Limited
  • Magnum Towers
  • 9th Floor
  • Gurugram
  • Haryana
  • 122011
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/16 12:00
End of Day Share Price2022/01/14 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.