loader2
Login Open ICICI 3-in-1 Account

Akzo Nobel India Results: Latest Quarterly Results & Analysis

Open Free Trading Account Online with ICICIDIRECT
+91
Akzo Nobel India Ltd. 07 Nov 2025 11:45 AM

Q2FY26 Quarterly Result Announced for Akzo Nobel India Ltd.

Paints company Akzo Nobel India announced Q2FY26 results

  • Revenue from operations at Rs 834.9 crore, down 1.5% from Rs 847.7 crore
  • EBIT from operations at Rs 92.3 crore, down 2.4% from Rs 94.5 crore
  • PAT including exceptional items at Rs 1,682.7 crore, up 2119.8% from Rs 75.8 crore.

Rajiv Rajgopal, Chairman & Managing Director, Akzo Nobel India, said: “In Q2FY26, volume growth partially countered the impact of weather disruptions and competitive pressure on our topline. B2B vertical growth was led by industrial coatings and demand across mining, power and automotive sectors. Although retail remained under pressure, premium product portfolio witnessed a renewed uptick in demand. Margins were constricted by vertical mix dynamics; however, disciplined operational cost control safeguarded our profitability.

Navigating a challenging operating environment in H1FY26, the Company sustained its double-digit profitability while investing in brand, innovations and growth initiatives.”

Result PDF

Paints company Akzo Nobel India announced Q1FY26 results

  • Revenue from operations at Rs 995.1 crore, down by 4%.
  • EBIT from operations at Rs 116.2 crore, down by 21%.
  • PAT at Rs 91.0 crore, down by 21%.
  • One-time special Interim Dividend of Rs 156/- (Rupees One Hundred and Fifty Six only) per share.

Akzo Nobel India Chairman & Managing Director, Rajiv Rajgopal, said: “In Q1FY26, our B2B business continued its growth trajectory, while retail was subdued due to tepid consumer demand and heightened competition. Despite margin pressure, we sustained double-digit profitability and maintained investments in growth initiatives.”

“Expressing gratitude to all our shareholders, the Board is delighted to announce a one-time special interim dividend of Rs 156/- (Rupees One Hundred and Fifty Six only) per share, inter alia, based on income on slump sale as previously approved by shareholders.”

Result PDF

Paints company Akzo Nobel India announced Q4FY25 & FY25 results

Q4FY25 Financial Highlights:

  • Revenue from operations at Rs 1,022.1 crore, up by 5%
  • EBIT from operations at Rs 137.1 crore, down by 2%
  • PAT at Rs 107.5 crore, down by 1%

FY25 Financial Highlights:

  • Revenue from operations at Rs 4,091.2 crore, up by 3% 
  • EBIT from operations flat at Rs 551.8 crore; double digit profitability sustained at 13.5%
  • PAT flat at Rs 428.6 crore
  • Final Dividend of Rs 30/- per share for FY25 recommended by the Board

Akzo Nobel India Chairman and Managing Director, Rajiv Rajgopal, commented: “In Q4 2024-25, Akzo Nobel India registered ahead-of-industry topline growth, driven by double-digit growth in B2B businesses. In retail, the business continued to grow in premium category and urban centers, while demand in mass and economy categories was impacted by competitive dynamics. Despite such market environment, we sustained double-digit profitability and continued to grow market share.

For the financial year 2024-25, we achieved new highs across revenue, gross margins, EBIT, and PAT, marking our fourth consecutive year of record performance; while also making strategic investments to support long-term growth."

Dividend proposal: “Committed to enhancing value for its shareholders, The Board of Akzo Nobel India has proposed a final dividend of Rs 30/- per share subject to shareholders’ approval, taking the recommended total dividend for the financial year 2024-25 to Rs 100/- per share”, added Rajiv Rajgopal.

Result PDF

Paints company Akzo Nobel India announced Q3FY25 results

  • Revenue from operations at Rs 1,050.5 crore, up by 2%.
  • EBIT from operations at Rs 143.5 crore, down by 2%.
  • PAT at Rs 108.6 crore, down by 5%.

Rajiv Rajgopal, Chairman & Managing Director, Akzo Nobel India, said: “In Q3FY25, we achieved both volume and value growth despite subdued market conditions. Favourable demand in infrastructure, power, mining, marine, and real estate sectors fueled sustained B2B momentum in paints and coatings. Prudent cost management protected profitability, effectively mitigating the impact of raw material inflation on margins. Overall, our performance in 9MFY25 reflects continued growth and strong double-digit profitability trajectory with market share gains.”

Result PDF

Furniture, Furnishing & Paints company Akzo Nobel India announced H1FY25 & Q2FY25 results

Q2FY25 Financial Highlights:

  • Revenue from operations at Rs 982.3 crore, up 3%.
  • EBIT from operations at Rs 124.2 crore, up 3%.
  • PAT at Rs 97.9 crore, up 4%.

H1FY25 Financial Highlights:

  • Revenue from operations at Rs 2,018.6 crore, up 3%.
  • EBIT from operations Rs 271.3 crore, up 3%.
  • PAT Rs 212.5 crore, up 4%.

Rajiv Rajgopal, Chairman and Managing Director, Akzo Nobel India, said: “In Q2FY25, we continued to deliver volume growth while maintaining profitability. Topline growth was led by strong B2B performance across paints and coatings. While there has been an increase in raw material costs, we invested in growth and protected our double-digit profitability by optimizing operational expenses. In the first half of FY25, despite challenging market conditions, we continued to deliver growth while holding our profitability.”

“Based on the Company’s strong performance in the first half of FY25 and to commemorate completion of Akzo Nobel India’s 70th year in India, the Board is delighted to announce an interim dividend of Rs 70 per share for FY25.”

Result PDF

Furniture-Furnishing-Paints company Akzo Nobel India announced Q1FY25 results:

Financial Highlights: 

  • Revenue from operations at Rs 1,036.3 crore, up 4%
  • EBIT from operations at Rs 147.1 crore, up 3%
  • PAT at Rs 114.6 crore, up 4%
  • Highest-ever absolute performance across revenue, gross margin, EBIT and PAT

Akzo Nobel India Limited Chairman and Managing Director, Rajiv Rajgopal, commented: “In the first quarter, we continued to deliver double-digit volume growth across our operating verticals driven primarily by B2B.

Our gross margins expanded due to cost initiatives and sourcing efficiencies. We continued to invest in our brands and growth initiatives. These resulted in sustained double-digit profitability. We see an increase in the raw material costs in the second half of the fiscal. As a result, we are taking necessary pricing actions without losing competitiveness.

As Akzo Nobel India celebrates its 70th anniversary in India, the Board expresses its gratitude to all our stakeholders for their unstinted support. We remain committed to being an integral contributor to the Viksit Bharat of tomorrow.”

Result PDF

Furniture-Furnishing-Paints company Akzo Nobel India announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations at Rs 973.4 crore, up by 2%, driven by strong double digit volume growth
  • EBIT from operations at Rs 140.0 crore, up by 6%
  • PAT at Rs 108.8 crore up by 14%

FY24 Financial Highlights:

  • Revenue from operations at Rs 3,961.6 crore, up by 4%, driven by significant volume growth
  • EBIT from operations at Rs 549.8 crore, 24% up; delivers double digit profitability at 13.9%
  • PAT at Rs 426.7 crore up by 27%
  • Final Dividend of Rs 25/- per share recommended by the Board

Akzo Nobel India Limited Chairman and Managing Director, Rajiv Rajgopal, commented: “Building on our record growth trajectory for the third straight year, Akzo Nobel India closed FY24 with new highs in absolute performance across revenue, gross margin, EBIT from operations and PAT. While doing so, our double-digit profitable momentum of five years gained further traction.

In the fourth quarter, double-digit volume gains made in our operating segments and saw an expected moderation on account of the industry-wide price corrections with demand being driven by value and B2B business. Sustained raw material deflation and favourable mix allowed us to invest in brand awareness and growth, while delivering further margin and profit expansion.”

Result PDF

Furniture-Furnishing Paints company Akzo Nobel India announced Q3FY24 & 9MFY24 results:

Q3FY24 vs Q3FY23:

  • Revenue from operations: Rs 1,032.7 crore, up by 5%
  • EBIT from operations: Rs 146.3 crore, up by 20%
  • PAT: Rs 113.8 crore, up by 17%

9MFY24 vs 9MFY23:

  • Revenue from operations: Rs 2,988.2 crore, up by 5%
  • EBIT from operations: Rs 409.8 crore, up by 32%
  • PAT: Rs 317.9 crore, up by 33%

Commenting on the performance, Rajiv Rajgopal, Chairman and Managing Director, Akzo Nobel India said, “We continued to build on profitable growth in Q3 and nine months of FY’24.

For the first time, our quarterly topline has surpassed the milestone of Rs 1,000 crore mark, led by double-digit growth in volumes. Our Coatings business and B2B segments sustained their robust growth trajectory. In the decorative paints business, retail saw strong volume growth in the quarter and saw margin improvements. While we continued to invest in our business and brands, our profitability was further strengthened due to raw material deflation and favourable mix coupled with operating leverage.”

“The Board of Akzo Nobel India remains committed to enhancing value for its shareholders. Hence, based on the performance in the nine months ended 31 December 2023, the Board is delighted to announce an interim dividend of Rs 50 per share for FY’24” said Rajiv Rajgopal, Chairman and Managing Director, Akzo Nobel India.

Result PDF

Furniture-furnishing paints company Akzo Nobel India announced Q1FY24 results:

  • Revenue from operations up 7% to Rs 999 crore
  • EBIT from operations up 40% to Rs 143 crore, sustained double-digit EBIT margin
  • Profit After Tax (PAT) up 43% to Rs 110 crore

Sharing an overview of the quarter’s performance, Rajiv Rajgopal, Managing Director, Akzo Nobel India said, “Building on our profitable growth momentum, we delivered a record performance across absolute Revenue, EBIT, and PAT in the first quarter of FY24. Demand uptick seen across infrastructure, automotive, marine and oil and gas sectors aided Coatings, conducive real estate drove projects; while semi-urban, rural geographies supported retail growth during the quarter.

Sequential softening in raw material costs and gains of earlier pricing actions translated to an improvement in gross margins. Favourable operating leverage drove continued double-digit profitability. Operating profit after tax crossed Rs 100 crore mark per quarter for the first time.”

 

Result PDF

Furniture-Furnishing Paints company Akzo Nobel India announced Q4FY23 & FY23 results:

  • Q4FY23 vs Q4FY22:
    • Revenue from operations at Rs 951.4 crore, up 10%
    • EBIT from operations at Rs 132.2 crore, up 32%
    • Profit After Tax (PAT) at Rs 95.4 crore, up 28%
  • FY23 vs FY22:
    • Revenue from operations at Rs 3,802.1 crore, up by 21%
    • EBIT from operations at Rs 442.6 crore, 24% up; delivers double-digit profitability at 11.6%
    • Profit after tax (PAT) at Rs 335.1 crore, up by 16%

Akzo Nobel India Managing Director, Rajiv Rajgopal, commented: “In FY23 we delivered a record performance in absolute terms across revenue, gross margins, and EBIT while continuing to build on our double-digit profitable journey while gaining market share.

In Q4, the increased salience of new launches in the premium category and network expansion in tier 3, 4 and 5 geographies led to growth in retail. The benefit of prior pricing actions and softening raw material prices, supported by cost management initiatives drove improved profitability - both sequentially and on a year-on-year basis.”

"Expressing its gratitude to shareholders, the Board of Akzo Nobel India proposed a final dividend of Rs 40 per share, which is over and above the interim dividend of Rs 25 per share. With this, the recommended total dividend for FY23 will be Rs 65 per share", said Oscar Wezenbeek, Chairman, Akzo Nobel India.

 

 

Result PDF

Disclaimer – I ICICI Securities Ltd. ( I-Sec). Registered office of I-Sec is at ICICI Securities Ltd. - ICICI Venture House, Appasaheb Marathe Marg, Prabhadevi, Mumbai - 400 025, India, Tel No : 022 - 6807 7100. I-Sec is acting as a distributor to solicit bond related products. All disputes with respect to the distribution activity, would not have access to Exchange investor redressal forum or Arbitration mechanism. The contents herein above shall not be considered as an invitation or persuasion to trade or invest. I-Sec and affiliates accept no liabilities for any loss or damage of any kind arising out of any actions taken in reliance thereon. Investments in securities market are subject to market risks, read all the related documents carefully before investing. The contents herein mentioned are solely for informational and educational purpose.
Download App

Download Our App

Play Store App Store
market app