Integrated Filing — IndAS



General information about company
Scrip Code 500710
NSE Symbol AKZOINDIA
MSEI Symbol NOTLISTED
ISIN INE133A01011
Name of company Akzo Nobel India Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-Apr-2025
Date of end of financial year 31-Mar-2026
Date of board meeting when results were approved 04-Aug-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 15-Jul-2025
Description of presentation currency INR (in Actuals)
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 04-Aug-2025   11:00:00
End date and time of board meeting 04-Aug-2025   13:15:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party?
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure?
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure.
Whether the company is a high value debt listed entity according to regulation 15 (1A)?
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company?
Latest Date on which RPT policy is updated
Indicate Company website link for updated RPT policy of the Company
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has no loans or Debt Securities



Financial Results Ind-AS
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Part I Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1 Income
Revenue from operations 9951050000
Other income 89540000
Total income 10040590000
2 Expenses
(a) Cost of materials consumed 5186070000
(b) Purchases of stock-in-trade 416310000
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 86020000
(d) Employee benefit expense 975110000
(e) Finance costs 26570000
(f) Depreciation, depletion and amortisation expense 182600000
(f) Other Expenses
1 Other Expenses 1943340000 1943340000
Total other expenses 1943340000
Total expenses 8816020000
3 Total profit before exceptional items and tax 1224570000
4 Exceptional items 0
5 Total profit before tax 1224570000
6 Tax expense
7 Current tax 326630000
8 Deferred tax -12120000
9 Total tax expenses 314510000
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0
11 Net Profit Loss for the period from continuing operations 910060000
12 Profit (loss) from discontinued operations before tax 0
13 Tax expense of discontinued operations 0
14 Net profit (loss) from discontinued operation after tax 0
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0
16 Total profit (loss) for period 910060000
17 Other comprehensive income net of taxes -29970000
18 Total Comprehensive Income for the period 880090000
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 455400000
Face value of equity share capital 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 19.98
Diluted earnings (loss) per share from continuing operations 19.98
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0
Diluted earnings (loss) per share from discontinued operations 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 19.98
Diluted earnings (loss) per share from continuing and discontinued operations 19.98
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results
Textual Information(1) 1.tThe Statement of Standalone Unaudited Financial Results has been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 04 August 2025. The figures for the quarter ended 30 June 2025 have been subjected to limited review by the statutory auditors. n n2.tThe figures for the quarter ended 31 March 2025 have not been subjected to review/audit by the statutory auditors. These are balancing figures between Standalone Audited Financial Statements for the financial year ended 31 March 2025 and year to date Standalone Unaudited Financial Results for nine months period ended 31 December 2024. n n3.tThe Company is principally engaged in the business of manufacturing paints, coatings and allied products in India with similar risk, returns and internal business reporting system. Accordingly, there are no reportable segment(s) other than Paints, which singly or in aggregate qualify for separate disclosure as per provisions of the relevant Ind AS 108 Operating segments. n n4.tOn 24 February 2025, the Board of Directors of the Company approved the slump sale of Powder Coatings Business division and the International Research Center division, to an indirect wholly owned subsidiary of Akzo Nobel N.V., Ultimate Holding Company, then proposed to be incorporated in India and which was thereafter incorporated on 4 March 2025 as Akzo Nobel Powder Coatings India Private Limited, for a consideration of Rs. 20,730 million and Rs. 700 million respectively. The shareholders of the Company approved the aforesaid sale transactions on 02 April 2025. The approval of supervisory board of Akzo Nobel N.V. was received by the Company on 12 June 2025 and the aforesaid sale transactions were completed on 02 July 2025. n n5.tThe Board of Directors of the Company has accepted a binding offer letter dated 24 February 2025 from Akzo Nobel N.V., Ultimate Holding Company, for the purchase and transfer of all intellectual property rights in relation to decorative paints business of the Company in India, Bangladesh, Bhutan and Nepal by Akzo Nobel Coatings International B.V. at a purchase consideration of Rs. 11,520 million. The shareholders of the Company approved the aforesaid purchase transaction on 02 April 2025. The approval of supervisory board of Akzo Nobel N.V. was received by the Company on 12 June 2025 and the aforesaid purchase transaction was completed on 02 July 2025. n n6.tDuring the quarter, the Company completed the sale of its lease hold immovable property at Parsik Hill, Navi Mumbai, Maharashtra, resulting in a gain of Rs. 51 million which has been recognized as Other income in the Standalone Unaudited Financial Results for the quarter ended 30 June 2025. n n7.tThe Board of Directors of the Company has declared a special interim dividend of Rs. 156/- per fully paid-up equity share of Rs. 10/- each for the financial year 2025-26. The said dividend will be paid within the stipulated timelines to those shareholders who are members of the Company as on the Record date as fixed by the Board. n



Remarks
Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-Apr-2025
Date of end of reporting period 30-Jun-2025
Whether accounts are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Paints 9951050000 9951050000
Total Segment Revenue 9951050000
Less: Inter segment revenue 0 0
Revenue from operations 9951050000
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Paints 1251140000 1251140000
Total Profit before tax 1251140000
i. Finance cost 26570000 26570000
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 1224570000
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Paints 29016400000 29016400000
Total Segment Asset 29016400000 29016400000
Un-allocable Assets 0 0
Net Segment Asset 29016400000 29016400000
4 Segment Liabilities
Segment Liabilities
1 Paints 29016400000 29016400000
Total Segment Liabilities 29016400000 29016400000
Un-allocable Liabilities 0 0
Net Segment Liabilities 29016400000 29016400000
Disclosure of notes on segments



Other Comprehensive Income
Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-Apr-2025
B Date of end of reporting period 30-Jun-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/(Loss) of defined benefit plans -40050000 -40050000
Total Amount of items that will not be reclassified to profit and loss -40050000
2 Income tax relating to items that will not be reclassified to profit or loss -10080000
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 0
5 Total Other comprehensive income -29970000