Akzo Nobel India Ltd
NSE:AKZOINDIA

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Akzo Nobel India Ltd Logo
Akzo Nobel India Ltd
NSE:AKZOINDIA
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Price: 3 516.5 INR -1.39% Market Closed
Market Cap: 160.1B INR

Akzo Nobel India Ltd
Investor Relations

In the vibrant landscape of Indian industry, Akzo Nobel India Ltd. stands as a significant player, weaving its narrative within the larger story of one of the world's leading paints and coatings companies. Originally known as Imperial Chemical Industries India, the company transformed both its brand and its strategic focus to align with the global vision of AkzoNobel after the merger in 2008. Headquartered in Gurugram, Haryana, the company blends a rich heritage with modern innovation, actively engaging in the production and distribution of paints, coatings, and specialty chemicals. Known for popular brands like Dulux, the company has established a foothold in both the decorative and industrial paint segments. This dual approach allows Akzo Nobel India to cater to a diverse spectrum of customers, ranging from everyday homeowners to large-scale industrial clients, offering them solutions that emphasize sustainability, performance, and style.

The company operates through an intricate network of distribution channels, including a strong retail presence and strategic partnerships, helping it penetrate the vast and varied Indian market effectively. Over the years, Akzo Nobel India Ltd. has focused on enhancing its manufacturing capabilities and expanding its product portfolio to keep pace with evolving consumer preferences and environmental regulations. Leveraging its robust R&D framework, Akzo Nobel has consistently delivered value-driven innovations that cater to the dynamic demands of the market. This strategy not only fuels revenue growth but also solidifies its reputation as a reliable and future-focused entity within the industry. By prioritizing both customer engagement and sustainable practices, Akzo Nobel India Ltd. crafts a narrative of resilience and adaptability, crucial in maintaining its competitive edge in the rapidly evolving paints and coatings market.

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AKZOINDIA
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Last Earnings Call
Fiscal Period
Q2 2026
Call Date
Nov 7, 2025
AI Summary
Q2 2026

Volume Growth: AkzoNobel India saw a 3% overall volume growth, with premium segments in both Decorative and Industrial businesses leading the way.

Revenue Decline: Revenue fell by 1.5% year-on-year to INR 834.9 crores, mainly due to weakness in mass market decorative products and a tough comparison in Marine coatings.

Margins: Gross margin was 41.3%, down 1.6 percentage points, impacted by product mix and raw material inflation but partly offset by premium growth and cost controls.

Strategic Price Corrections: The company implemented price cuts of 1.5% to 2% in key categories to regain competitiveness, with early signs of market acceptance and more impact expected in coming quarters.

Transition to JSW: The acquisition by JSW Group is set to close soon, with management signaling a new phase of growth and market aggression.

Positive Outlook: Management expects demand improvement over the next 6-12 months, citing a repainting cycle and stronger execution.

EBITDA Guidance: The company aims for a sustainable EBITDA margin of 14% to 16% going forward.

Key Financials
Revenue
INR 834.9 crores
Gross Margin
41.3%
EBIT Margin
11.1%
Cash Generation
INR 277 crores
Volume Growth
3%
Other Earnings Calls

Management

Mr. Rajiv Rajgopal MBA
MD, Chairman of the Board & Director of Decorative Paints - South Asia
No Bio Available
Mr. Rallapalli Krishna
Wholetime Director & CFO
No Bio Available
Mr. Rohit Ghanshyamdas Totla
Director of Sales & Marketing-Decorative Paints and Whole-Time Director
No Bio Available
Mr. Rajiv Lochan Jha
Company Secretary & Compliance Officer
No Bio Available
Ms. Roop Loomba
Senior Legal Counsel
No Bio Available
Ms. Vandana Krishnia
Head of Marketing
No Bio Available
Ms. Neelima Kataria
Director of HR
No Bio Available
Mr. Shrikant Choubey
GM & Head of Project Management Group
No Bio Available
Mr. Shrikant K. Kulkarni
Head of Sales & Marketing - South Asia and Marketing Manager global - Pharma segment (BUPC)
No Bio Available
Mr. A. Bhattacharya
Sales Head of Marine & Protective Coatings
No Bio Available

Contacts

Address
HARYANA
Gurgaon
9th Floor, Magnum Towers, Golf Course Extension Road, Sector 58
Contacts
+911242540400
www.akzonobel.com