Add Akzo Nobel India, target price Rs 3,550: ICICI Securities
ICICI Securities has an Add call on Akzo Nobel India with a target price of Rs 3,550. The current market price of Akzo Nobel India Ltd. is Rs 3225.35. Akzo Nobel India, incorporated in 1954, is a Mid Cap company, with a market cap of Rs 14743.45 crore, operating in Building Materials sector.
ADVERTISEMENT Akzo Nobel India's key products/revenue segments include Paint, Varnishes & Enamels, Sale of services, Other Operating Revenue, Lease Rentals, Scrap and Duty Drawback for the year ending 31-Mar-2024.
Financials
For the quarter ended 31-03-2025, the company has reported a Consolidated Total Income of Rs 1024.90 crore, down -2.99% from last quarter Total Income of Rs 1056.50 crore and up 4.19% from last year same quarter Total Income of Rs 983.70 crore. The company has reported net profit after tax of Rs 108.40 crore in latest quarter.
The company's top management includes Mr.Rajiv Rajgopal, Mr.Krishna Rallapalli, Mr.Rohit G Totla, Mr.Hemant Sahai, Ms.Smriti Rekha Vijay, Mr.Amit Jain. Company has Price Waterhouse Chartered Accountants LLP as its auditors. As on 31-03-2025, the company has a total of 5 crore shares outstanding.
Promoter/FII Holdings
Promoters held 74.76 per cent stake in the company as of 31-Mar-2025, while FIIs owned 3.67 per cent, DIIs 8.45 per cent.
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Disclaimer: Views and recommendations given in this section are the analysts' own and do not represent those of ETMarkets.com. Please consult your financial adviser before taking any position in the stock/s mentioned.
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