AKZOINDIA2021-01-012021-03-31in-bse-fin:OneOperatingExpenses01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:FourOperatingExpenses01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:OneReportableSegmentRevenue01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:FourReportableSegmentRevenue01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:OneReportableSegmentResults01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:FourReportableSegmentResults01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:OneReportableSegmentAssets01Member AKZOINDIA2021-01-012021-03-31in-bse-fin:OneReportableSegmentLiabilities01Member AKZOINDIA2021-03-31in-bse-fin:OneReportableSegmentLiabilities01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares AKZOINDIA 2020-04-01 2021-03-31 2021-05-14 INR Millions Yearly true Cash Flow Direct Geographical 2021-01-01 2021-03-31 Audited Standalone 7813537000.00 57491000.00 7871028000.00 4296004000.00 578286000.00 -407047000.00 650174000.00 14503000.00 189129000.00 1558653000.00 6879702000.00 991326000.00 0.00 991326000.00 294140000.00 -45006000.00 249134000.00 0.00 742192000.00 0.00 0.00 0.00 0.00 742192000.00 16192000.00 758384000.00 0.00 0.00 455400000.00 10 16.31 16.31 0.00 0.00 16.31 16.31 1. The financial results (standalone) have been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 22 May 2021. 2. The figures for the quarter ended 31 March 2021 and 31 March 2020 are the balancing figures between the audited standalone figures in respect of the full financial year and the published unaudited standalone year to date figures upto the third quarter of the respective financial years. 3. The Board has recommended a final dividend of Rs. 30 per share. The dividend will be paid if approved by the shareholders at the forthcoming Annual General Meeting. The Company also paid an interim dividend of Rs. 20 per share during the year 2020-21, bringing the total dividend to Rs. 50 per share (previous year Rs. 14 per share). 4. Exceptional Items - Income/(Expense), net represent: 5. The auditors have expressed an unmodified opinion on the Standalone Financial Statements of the Company for the financial year ended 31 March 2021. 6. The Company operates in single segment viz. Coatings. Therefore, separate segment disclosures under the provisions of Ind AS 108 have not been given in respect of Standalone Financial Results for the quarter and year ended 30 March 2021. 7. The Company has revised useful lives of certain assets with effect from 1 April 2020 based on their expected period of use and physical condition, which has resulted in reduction in depreciation and amortisation expense by Rs. 21 Mn and Rs. 90 Mn for the quarter and year ended 31 March 2021 respectively with corresponding impact on profit before tax. 8. The outbreak of Covid-19 pandemic has created economic disruption throughout the world including India. The operations of the Company were significantly impacted earlier during the year due to supply chain disruptions caused by lock down of plants, offices and warehouses. The Company continues to carry its operations in a manner consistent with the directives from the government and local authorities and continues to ensure compliance with the necessary protocols. The Company has evaluated the effects of Covid-19 on its operations and financial position. Based on its review of the macro economic conditions and current outlook for the Indian economy, there is no additional impact on financial results apart from those already considered in the financial results of the Company as at 31 March 2021. However, given the evolving scenario and uncertainties with respect to its nature and duration, the impact may be different from estimates as on the date of approval of financial results. The Company will continue to monitor any material changes to its future business and economic conditions. 9. Previous period figures have been regrouped/ reclassified, wherever necessary, to make them comparable to the current period figures. Geographical 2020-04-01 2021-03-31 Audited Standalone 24213537000.00 232491000.00 24446028000.00 11662104000.00 1737286000.00 -171847000.00 2510874000.00 102503000.00 755429000.00 5067853000.00 21664202000.00 2781826000.00 0.00 2781826000.00 762940000.00 -57206000.00 705734000.00 0.00 2076092000.00 0.00 0.00 0.00 0.00 2076092000.00 -24608000.00 2051484000.00 0.00 0.00 455400000.00 10 12408000000.00 45.60 45.60 0.00 0.00 45.60 45.60 Other Expenses 1558653000.00 Other Expenses 5067853000.00 Coatings 7813537000.00 Coatings 24213537000.00 7813537000.00 24213537000.00 7813537000.00 24213537000.00 Coatings 948338000.00 Coatings 2651838000.00 948338000.00 2651838000.00 14503000.00 102503000.00 0.00 0.00 933835000.00 2549335000.00 Coatings 25292200000.00 25292200000.00 Coatings 25292200000.00 25292200000.00 3537855000.00 0.00 0.00 0.00 0.00 110003000.00 0.00 0.00 0.00 0.00 0.00 0.00 3647858000.00 0.00 0.00 0.00 820375000.00 0.00 2827483000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 278524000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 217614000.00 0.00 -2185724000.00 0.00 -2246634000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 112199000.00 1548371000.00 77350000.00 0.00 0.00 -1737920000.00 -1157071000.00 0.00 -1157071000.00 2541332000.00 1384261000.00