Akzo Nobel India Limited

Manufacturer of paints, chemicals, and polymers for various industries, with well-known brands and multiple plants.

1954 | Kolkata, West Bengal (India) | Active
Last Updated: September 10, 2024

Akzo Nobel India Profile

Key Indicators

  • Authorised Capital ₹ 126.69 Cr
  • Paid Up Capital ₹ 45.54 Cr
  • Company Age 70 Year, 11 Months
  • Last Filing with ROC 31 Mar 2024
  • Satisfied Charges ₹ 151.30 Cr
  • Revenue Growth 4.38%
  • Profit Growth 27.34%
  • Ebitda 20.38%
  • Net Worth 1.03%
  • Total Assets 5.98%

About Akzo Nobel India

Akzo Nobel India Limited (ANIL) was founded in India on 12 March 1954 and has a glorious history of 70 years and 11 months. Its registered office is in Kolkata, West Bengal, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500710 and on the National Stock Exchange(NSE) under AKZOINDIA.

The Corporate was formerly known as Indian Explosives Limited. The Company is engaged in the Manufacturing Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 126.69 Cr and a paid-up capital of Rs 45.54 Cr.

The company has closed loans amounting to ₹151.30 Cr, and has no open charges as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Akzo Nobel India Limited India are Rajiv Jha as COMPANY SECRETARY and Krishna Rallapalli as Cfo. Hemant Sahai, Smriti Rekha, Krishna Rallapalli, and Two other members serve as directors at the Company.

Company Details

  • Location

    Kolkata, West Bengal, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

    akzonobel.co.in

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L24292WB1954PLC021516

  • Company No.

    021516

  • Stock Symbol

    BSE : 500710 NSE : AKZOINDIA

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    12 Mar 1954

  • Date of AGM

    01 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Kolkata

Industry

Manufacturing

What products or services does Akzo Nobel India Limited offer?

Akzo Nobel India Limited offers a wide range of products and services, including Paints, Wall Putty & Varnishes, Interior Paint, Wall Putty, Enamel Paints, PET Granules & Plastic Raw Material, Masterbatches, FRP Lining, PU & Powder Coatings, Special Coating, Textile, Dyeing & Finishing Chemical, Textile Finishing Chemicals.

Who are the key members and board of directors at Akzo Nobel India?

Executive Team (3)

NameDesignationAppointment DateStatus
Rajiv Rajgopal Country flag representing In Managing Director01-Nov-2018Current
Rajiv Jha Country flag representing In Company Secretary24-Aug-2023Current
Krishna Rallapalli Country flag representing In CFO01-Dec-2021Current

Board Members (4)

NameDesignationAppointment DateStatus
Smriti Rekha Country flag representing In Director 16-Aug-2019Current
Hemant Sahai Country flag representing In Director 03-Aug-2018Current
Krishna Rallapalli Country flag representing In Whole-Time Director and Cfo 01-Dec-2021Current
Rohit Totla Country flag representing In Whole-Time Director Current

Financial Performance of Akzo Nobel India.

Akzo Nobel India Limited, for the financial year ended 2024, experienced modest growth in revenue, with a 4.38% increase. The company also saw a substantial improvement in profitability, with a 27.34% increase in profit. The company's net worth moved up by a moderate rise of 1.03%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
4.38%
Revenue from Operations
4.20%
Total Assets
5.98%
Profit or Loss
27.34%
Net Worth
1.03%
EBITDA
20.38%

What is the Ownership and Shareholding Structure of Akzo Nobel India?

In 2023, Akzo Nobel India had a promoter holding of 74.76% and a public holding of 25.24%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹0

Satisfied Charges

₹151.30 Cr

Charges Breakdown by Lending Institutions

  • Deutsche Bank : 71.00 Cr
  • Anz Grindlays Bank Limited : 70.00 Cr
  • Deutsche Bank Ag : 7.10 Cr
  • The Hongkong And Shanghai Banking Corporation Limited : 3.20 Cr

Latest Charge Details

DateLenderAmountStatus
13 Nov 2000The Hongkong And Shanghai Banking Corporation Limited₹3.20 CrSatisfied
10 Jun 1998Anz Grindlays Bank Limited₹70.00 CrSatisfied
20 Dec 1997Deutsche Bank₹71.00 CrSatisfied
20 Dec 1997Deutsche Bank Ag₹7.10 CrSatisfied

How Many Employees Work at Akzo Nobel India?

Akzo Nobel India has a workforce of 1496 employees as of Sep 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Akzo Nobel India, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Akzo Nobel India's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Akzo Nobel India

Recent activity within the organization

  • Annual General Meeting

    Akzo Nobel India Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.

    01 Aug 2024

  • Balance Sheet

    Akzo Nobel India Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Kolkata.

    31 Mar 2024

  • Director Appointment

    Krishna Rallapalli was appointed as a Whole-Time Director was appointed as a Whole-Time Director on 01 Dec 2021 & has been associated with this company since 3 years 2 months .

    01 Dec 2021

  • Director Appointment

    Smriti Rekha was appointed as a Director was appointed as a Director on 16 Aug 2019 & has been associated with this company since 5 years 6 months .

    16 Aug 2019

  • Director Appointment

    Rajiv Rajgopal was appointed as a Managing Director was appointed as a Managing Director on 01 Nov 2018 & has been associated with this company since 6 years 3 months .

    01 Nov 2018

  • Director Appointment

    Hemant Sahai was appointed as a Director was appointed as a Director on 03 Aug 2018 & has been associated with this company since 6 years 6 months .

    03 Aug 2018

Frequently asked questions

  • Akzo Nobel India Limited was incorporated on 12 Mar 1954.

  • The authorized share capital of Akzo Nobel India Limited is ₹ 126.69 Cr and paid-up capital is ₹ 45.54 Cr.

  • Currently 7 directors are associated with Akzo Nobel India Limited.

    • Hemant Sahai
    • Smriti Rekha
    • Krishna Rallapalli
    • Rajiv Rajgopal
    • Rohit Ghanshyamdas Totla
    • Rajiv Lochan Jha
    • Krishna Rallapalli
  • As per Ministry of Corporate Affairs (Mca), the registered address of Akzo Nobel India Limited is Geetanjali Apartment 1St Floor, 8-B Middleton Street, Kolkata, West Bengal, India, 700071.

  • The corporate identification number (CIN) of Akzo Nobel India Limited is L24292WB1954PLC021516 and the company number is 021516 as per Ministry of Corporate Affairs (MCA).

  • Yes, Akzo Nobel India Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): AKZOINDIA.

  • The Official website of Akzo Nobel India Limited is https://www.akzonobel.co.in

  • According to the financial reports for the fiscal year 2024, the revenue trend for Akzo Nobel India Limited has risen by 4.38%.

  • As Per 2024 financial reports, 1496 employees are currently employed by Akzo Nobel India Limited.

  • The financial reports for the fiscal year 2024 indicates that The net worth of Akzo Nobel India Limited has experienced an upsurge of 1.03%.

  • The most recent Balance Sheet for Akzo Nobel India Limited was filed with the ROC on 31 Mar 2024.

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