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    Akzo Nobel

    India paints/coatings maker (Dulux, Sadolin, International, Sikkens) across decorative and B2B coatings.

    Consumer Durables
    Consumer Discretionary
    View AKZOINDIA earnings calls
    ₹3,325
    +10.08% from avg

    Overview

    Price

    ₹3,325

    Market Cap

    ₹15.2k Cr

    Sector

    Consumer Durables

    Consumer Discretionary

    Rank

    5

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital4646464646464646
    Reserves1.2k1.2k1.2k1.3k1.3k1.3k2.2k2.4k
    Borrowings6464707060627179
    Other Liabilities1.0k1.2k1.3k1.4k1.5k1.5k1.3k1.3k
    Total Liabilities2.3k2.5k2.6k2.7k2.9k2.9k3.7k3.8k
    AssetsFixed Assets5745435205115264811.6k1.6k
    CWIP16164273119677449
    Investments840000000
    Other Assets1.7k2.0k2.0k2.2k2.3k2.4k2.0k2.1k
    Total Assets2.3k2.5k2.6k2.7k2.9k2.9k3.7k3.8k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating13937428312148648631293
    Cash from Investing1854-225230-15-87122804
    Cash from Financing-360-157-174-346-302-439-460-875
    SummaryCapital Expenditure
    Free Cash Flow9732625558382367206-1.0k
    FCF Margin

    Valuation

    Assumptions

    Current — AKZOINDIA
    Price
    ₹3,325
    EPS (TTM)
    ₹9.26
    PE (TTM)
    359.1
    Profit growth
    -49.9%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (38.0×) and current (359.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹3,325
    vs
    Fair value · 15% return
    ₹3
    100%Overvalued

    At -49.9% growth and a 38× exit, ₹3325 only delivers your return if you pay ₹3. The price is currently baking in 76% growth.

    EPS grows -49.9%/yr for 5 years, then fades to 6% over 2, exits at 38×.

    YearGrowthEPS (₹)
    FY27-49.9%4.64
    FY28-49.9%2.32
    FY29-49.9%1.16
    FY30-49.9%0.58
    FY31-49.9%0.29
    FY32-22.0% ·fade0.23
    FY336.0% ·fade0.24

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse Akzo Nobel

    Guides on how to read this kind of business and the numbers that matter.