Bengaluru, May 15, 2025: Today, the Board of Directors of Akzo Nobel India Limited, a leading paints and coatings company and maker of Dulux Paints, approved the financial results for the fourth quarter and financial year ended 31 March 2025.
Highlights
Q4 2024-25 (compared with Q4 2023-24)
- Revenue from operations at ₹1,022.1 crore, up by 5%
- EBIT from operations at ₹137.1 crore, down by 2%
- PAT at ₹107.5 crore, down by 1%
Financial year 2024-25 (compared with financial year 2023-24)
- Revenue from operations at ₹4,091.2 crore, up by 3%
- EBIT from operations flat at ₹551.8 crore; double digit profitability sustained at 13.5%
- PAT flat at ₹428.6 crore
- Final Dividend of ₹ 30/- per share for FY 2024-25 recommended by the Board
Akzo Nobel India Limited Chairman and Managing Director, Rajiv Rajgopal, commented: “In Q4 2024-25, Akzo Nobel India registered ahead-of-industry topline growth, driven by double-digit growth in B2B businesses. In retail, the business continued to grow in premium category and urban centers, while demand in mass and economy categories was impacted by competitive dynamics. Despite such market environment, we sustained double-digit profitability and continued to grow market share. For the financial year 2024-25, we achieved new highs across revenue, gross margins, EBIT, and PAT, marking our fourth consecutive year of record performance; while also making strategic investments to support long-term growth.”
Dividend proposal:
“Committed to enhancing value for its shareholders, The Board of Akzo Nobel India has proposed a final dividend of ₹ 30/- per share subject to shareholders’ approval, taking the recommended total dividend for the financial year 2024-25 to ₹ 100/- per share”, added Rajiv Rajgopal.
Recent highlights:
- In decorative paints, the first set of Dulux experiential stores inaugurated in seven states (Haryana, Punjab, Bihar, West Bengal, Gujarat and Uttar Pradesh) and Union Territory of Chandigarh are transforming the retail experience for Dulux paints consumers, offering personalized consultations, product guidance and colour inspiration to visualization.
- On the portfolio side, the upgraded Dulux Promise SmartChoice Acrylic Distemper, now available across India, offers a smoother matte finish and superior opacity at an economical price point.
- In Automotive and Specialty Coatings, Wanda Easy RM Basecoat, a ready-mixed basecoat system was launched. The fast drying ready-mixed formula is designed for consistent colour accuracy, easy spray-ability with quick flash-off time, making it a practical choice for achieving OEM-quality solid, metallic and pearl refinishes with ease and efficiency.
- AkzoNobel’s Low-E (low cure) range of Interpon powder coatings that cuts energy consumption up to 20% or alternatively improve productivity by curing up to 25% faster, now comes with Eco+ Services — including energy audits, process optimization, and the energy calculator— empowering customers across industries to effectively reduce their carbon footprint while improving operational efficiency.
- In Industrial and Coil Coatings, Primer-less Top-Coat, our latest coil coating roofing solution developed in collaboration with a customer, received robust market response on launch. In Packaging Coatings, AquaprimeTM 250, a water-dilutable external can coating and AqualureTM 900, an internal spray lacquer received approvals from leading beverage brands.
AkzoNobel’s Indradhanush women entrepreneurs paint a more inclusive future in rural India. AkzoNobel’s social initiative — Project Indradhanush — celebrated four years of social impact. The initiative has till date created a sustainable, livelihood-driven ecosystem for more than 3,100 rural women across over 940 villages in seven states of India. Over 2,100 women have been vocationally trained to become financially independent professional painters, while another 1,000 women have established themselves as successful paint-preneurs in rural India.
