Akzo Nobel India
Other · 1 quarter tracked · source-linked performance and management context.
Latest revenue
₹907.7 Cr
financial record pending verification
Quarters tracked
1
source records in the directory
Delivery assessment
Unscored
No scored management commitments are present yet.
Call date
2026-01-23
latest available source date
Signal trajectory
0 actual quartersCurrent read
Unscored
No scored management commitments are present yet.
Latest source read
What changed this quarter?
Akzo Nobel India reported Q3 FY26 revenue of ₹907.7 crore, down ~1% YoY, impacted by the carve-out of powder coatings and IRC businesses (approx. ₹25 crore quarterly headwind). However, like-for-like domestic decorative volume grew 8%, with premium segment returning to mid-single-digit growth. EBITDA margin stood at 14.9% (before exceptional items), with sequential gross margin improvement of 80bps. Management attributed the volume rebound to strategic price corrections (5-9% reduction on premium brands) and improved execution. Guidance for Q4 is optimistic, expecting strong volume growth. The company plans to redeploy royalty savings (₹60-65 crore annually) into growth initiatives. Risks include sustained competitive intensity from new entrants offering 12-18% lower pricing and potential margin dilution from mid-market expansion.
Colored figures compare against the previous available record. Hover or focus one for the comparison.
Signal
Positive
Revenue
₹907.7 Cr
Source date
2026-01-23
Across the record
Quarter history.
History modules