JSW Dulux Share Price

Akzo Nobel India Limited, together with its subsidiaries, is a leading Indian coatings company engaged in the manufacturing, trading, and selling of paints and related products. It is part of the Netherlands-based Akzo Nobel N.V., a global leader in paints and coatings. The company offers decorative paints, including paints, enamels, lacquers, varnishes, colorants, and thinners; and industrial coatings for applications such as coil and extrusion coatings, packaging coatings, and wood finishes. The Akzo Nobel India share price today on the NSE and BSE is a reflection of how market participants respond to a company’s performance and broader business developments within its industry. It captures the sentiment of the investors based on financial results, operational updates, macroeconomic factors, and trends specific to sectors. Movements in the share price͏ reveal how the market evaluates the company’s current position and its future prospects, making ͏it a key indicator ofmarket perception across various industries.

Market sentiment around the Akzo Nobel India stock price often mirrors shifts in housing and infrastructure demand, raw material cost cycles, and investor views on the consumer discretionary sector’s growth prospects. Factors such as the pace of new product launches (e.g., Dulux Maestro), competitive intensity from domestic and international players, and changing consumer preferences influence near-term market valuation and medium-term earningsforecasts. All these factors must be closely monitored to have an idea about the Akzo Nobel India stock price movements.

Akzo Nobel India live share price provides real-time information about the last price traded, bid price, ask price, and volume traded. These indicators represent trading activity and liquidity and the reaction of investors to corporate announcements, quarterly results, and sector news. Constant ͏monitoring ofAkzo Nobel Indialive price helps observe short-term price fluctuations and understand how the stock is moving in relation to the broader market.

Furthermore, monitoring the Akzo Nobel India share͏ price today helps investors understand real-time market sentiment, price volatility, and trading behaviour. It allows market participants to evaluate short-term performance, identify possible entry or exit points, and respond to news, quarterly results or sector trends that may affect the company’s valuation and overall investment outlook.

Akzo Nobel India Limited Company Fundamentals

a. Company Background

Akzo Nobel India Limited is an Indian coatings company engaged in the manufacturing, trading, and selling of paints and related products. It was originally incorporated as Indian Explosives Limited in 1954, under the Companies Act, 1956, following a Declaration of Intention signed on November 5, 1953, between the Government of India, Imperial Chemical Industries Ltd., U.K., and I.C.I. (India) Pvt. Ltd. The company has its registered office at 801A, South City Business Park, 770, Anandapur, Eastern Metropolitan Bypass, Kolkata, West Bengal, India. The company changed its name to Akzo Nobel India Limited with effect from February 15, 2010, under Section 23(1) of the Companies Act, 1956. The company initially manufactured commercial blasting explosives, safety fuses, and later diversified into chemicals and fertilisers before transitioning to its current focus on paints and coatings. The company’s equity shares are listed on the BSE Limited and the National Stock Exchange of India Limited. In May 2025, JSW Paints acquired a majority stake in Akzo Nobel India for approximately $1.4 billion. The company operates within India’s growing paints and coatings industry, driven by urbanization, rising disposable incomes, and infrastructure development.

b. Product Lines

• Decorative paints (paints, enamels, lacquers, varnishes, colorants, and thinners for interior, exterior, waterproofing, woodcare, and metal applications)

• Industrial coatings (coil and extrusion coatings, packaging coatings, wood finishes and adhesives)

• Performance coatings (powder coatings)

• Specialty chemicals

• Products under brands including Dulux, International, Sikkens, Interpon, Trinar, Wanda, Resicoat, and CoatIN

c. Company Revenue Model

• Primary revenue from the sale of decorative paints to retail customers, contractors, and institutions

• Revenue from the industrial coatings segment, supplying to manufacturing and packaging industries

• Revenue from the performance coatings segment, including powder coatings

• Income from research and development services provided to holding company and other group companies

• Revenue from trading of paints and related products

• Income from specialty chemicals sales

d. Geographic Presence

• Registered office located in Kolkata, West Bengal, India

• Strong pan-India presence with manufacturing facilities and distribution network across the country

• Manufacturing facility at Jetpura, Mehsana district, Gujarat, with a new INR 1 billion powder coating plant

• Sales and distribution network covering major cities and towns across India

• International presence through exports and as part of the global Akzo Nobel network

• Focus on domestic market with majority of revenue generated within India

• Delivery model leverages manufacturing facilities, distribution network, and brand partnerships

e. Key Milestones

• 1953: Declaration of Intention signed on November 5 by Government of India, ICI Ltd., U.K., and I.C.I. (India) Pvt. Ltd.

• 1954: Incorporated as Indian Explosives Limited on March 12, 1954

• 1955: Technical collaboration agreement executed with Imperial Chemical Industries Ltd.

• 2010: Name changed from Indian Explosives Limited to Akzo Nobel India Limited on February 15, 2010

• 2024: Began powder coating products production at new INR 1 billion plant

• 2025: Launched Dulux Maestro, a design-focused business program for architects and interior designers, expanding to 40 cities

• 2025: JSW Paints acquired a majority stake in Akzo Nobel India for approximately $1.4 billion

• 2025: Name changed from Akzo Nobel India Limited to JSW Dulux Limited in March 2026

f. Industry Perspective: Paints and Coatings Industry in India

Akzo Nobel India operates in the Indian paints and coatings industry, a sector experiencing robust growth. The India paints and coatings market was valued at USD 10.46 billion in 2025 and is expected to reach USD 16.37 billion by 2030, registering a CAGR of 9.38% during the forecast period 2025-2030. According to GII Research, the market is expected to grow from USD 13.91 billion in FY2025 to USD 27.33 billion in FY2033 at a CAGR of 8.81%. The Indian decorative paints market is estimated at around ₹72,000 crore (approximately USD 8.6 billion), making it one of the fastest-growing consumer industries in India. The market is driven by widespread infrastructure development and urbanization activities, with government initiatives such as the Smart City Mission for 100 cities and the Housing for All scheme generating significant demand for architectural coatings. In the Union Budget 2023-24, the government allocated USD 973 million for the Smart Cities Mission, with work orders issued for 7,804 projects valued at USD 21.9 billion. The capital investment outlay for infrastructure was increased by 11.1% to USD 133.86 billion, representing 3.4% ofIndia‘s GDP. The industry is witnessing intensifying competition with the entry ofnew players such as Grasim’s Birla Opus, which captured nearly 7% of the market within a year. The market is shifting towards water-based paints due to environmental concerns, with waterborne paints in India experiencing substantial growth. The industry outlook remains positive, supported by rising disposable incomes, increasing urbanization, and growing demand for premium and eco-friendly paint products.

Akzo Nobel India Limited Stock Market Presence: Listings & Index Representation

Akzo Nobel India Limited is actively traded on India‘s principal equity markets, with its shares listed on the National Stock Exchange of India (NSE) under the symbol AKZOINDIA (also quoted as AKZOINDIAEQ) and on the Bombay Stock Exchange (BSE) with the scrip code 500710. The ISIN number of the company’s equity shares is INE133A01011. The face value of the equity shares is ₹10 per share. Its listing on both exchanges ensures that the Akzo Nobel India share priceis accessible to a wide investor base, encompassing both retail and institutional market participants. The company forms part of several benchmark indices that represent broad market segments. Akzo Nobel India is included in indices such as the BSE 500, BSE AllCap, BSE SmallCap, BSE Consumer Discretionary, BSE 250 SmallCap Index, BSE 400 MidSmallCap Index, Nifty 500, and Nifty MidSmallcap 400. These index participations signal the company’s relevance within market categories that attract both active and passive investment flows. Being represented in multiple indices enhances the visibility and liquidity of the Akzo Nobel India stock price, as index tracking funds and exchange traded strategies often adjust allocations in line with constituent revisions. It also allows investors to benchmark the company’s stock performance relative to broader market trends and peer groups, facilitating cross sectional comparisons within India‘s paints and coatings landscape. The inclusion of Akzo Nobel India in these indices reflects its market capitalisation and trading depth, which are key factors market participants consider when evaluating long term investment prospects and the responsiveness of the stock price to corporate and industry developments.

Akzo Nobel India Limited Stock Performance and Share Price History

The Akzo Nobel India share pricehas displayed directional trends shaped by the company‘s consistent financial performance and broader industry cycles. The Akzo Nobel India share pricehas performed well in majority of the past ten years, indicating its past ten yearfinancial track record is very good. The Akzo Nobel India price delivered a 1-year total return of approximately -8.27% as of April 2026, underperforming the Indian Chemicals industry which returned -5.3% and the Indian Market which returned 0.6% over the same period. The Akzo Nobel India price reached a 52-week high of ₹3,915.50 and a 52-week low of ₹2,658.70, indicating a wide trading range and substantial price fluctuations. The Akzo Nobel India price has shown a 3-year return of approximately 25.05%, reflecting a recovery from earlier underperformance.

The Akzo Nobel India stock price has been particularly responsive to quarterly earnings releases and corporate announcements. When the company reported revenue surpassing ₹4,000 crore for FY2024-25 with new highs in absolute performance across revenue, gross margin and EBIT from operations, the Akzo Nobel India stock price showed a positive reaction. The Akzo Nobel India price has shown a pattern of stable positive momentum in years when the company’s earnings consistently improved, while periods of raw material cost inflation or intensified competition have contributed to consolidation in the Akzo Nobel India stock price. The Akzo Nobel India share pricehas shown a 2-year total return of 25.36% and a 3-year total return of 25.05%, outperforming the Sensex‘s 2-year return of 11.71%. The Akzo Nobel India share pricehas shown a YTD return of approximately -0.6% as of April 2026, with a 1-month change of 4.19% and a 1-week change of 0.94%.

The Akzo Nobel India share pricehas been influenced by corporate developments including the launch of Dulux Maestro design-focused program, the expansion of the waterproofing segment, and the acquisition of a majority stake by JSW Paints for $1.4 billion in May 2025. The Akzo Nobel India share pricereached its 52-week high of ₹3,915.50 before declining to its 52-week low of ₹2,658.70, reflecting the volatility inherent in the consumer discretionary space. The Akzo Nobel India share pricehas shown that investors value the company’s consistent dividend payout, with the company paying a final dividend of ₹30 per share and an interim dividend of ₹70 per share in 2025. The Akzo Nobel India share pricehas delivered total returns of 5.77% over 1 year, 37.07% over 2 years, and 25.05% over 3 years when dividends are reinvested. The Akzo Nobel India share pricehas shown a beta of 0.399 on a long-term basis, indicating the stock has exhibited lower volatility than the broader market over extended periods. The Akzo Nobel India share pricehas an average weekly price range of 1.10-2.09%, indicatingrelatively stable price movements. Comprehending these patterns in the Akzo Nobel India share priceis instrumental for investors seeking to contextualise long term performance trends vis à vis short term price dynamics, as the Akzo Nobel India stock price movements illustrate how industry fundamentals, raw material cycles, competitive dynamics, and investor expectations converge in market pricing.

Akzo Nobel India Limited Investor Relevance and Role in Portfolio

Akzo Nobel India holds a distinctive position for portfolio investors who seek exposure to the Indian paints and coatings sector with a focus on a premium brand portfolio and consistent financial performance. The company’s diversified product mix across decorative paints, industrial coatings, and performance coatings aligns it with investment strategies that value both urban housing demand and industrial manufacturing growth. The Akzo Nobel India share priceoften mirrors how these themes resonate with investor portfolios, whereby both thematic and sector specific funds monitor housing demand indicators and infrastructure spending when evaluating allocation decisions.

Institutional stakeholders play a significant role in Akzo Nobel India’s ownership profile, with notable long term investment entities such as JSW Paints Limited (promoter, holding approximately 61.20%), Goldman Sachs Asset Management, L.P., HDFC Asset Management Company Limited, WF Asian Smaller Companies Fund, and Franklin Templeton Mutual Fund among key shareholders identified in institutional holdings data. Mutual fund holders of Akzo Nobel India encompass those that seek mid cap and consumer discretionary sector exposure, with mutual funds holding approximately 17.57% of the company as of December 2025. Foreign Institutional Investors (FIIs) hold approximately 8.66% of the company, and Domestic Institutional Investors (DIIs) hold approximately 3.01%. Overall institutional holding in the company has increased from 12.26% to 21.74% as of September 2025, with mutual funds increasing holdings from 6.23% to 11.34% during the same period.

The beta analysis of Akzo Nobel India across multiple time periods highlights its changing volatility in relation to the overall market. Based on data from TopStockResearch, the long-term beta (4-year monthly) stands at 0.399, indicating that the stock is generally less volatile than the market over extended periods. In the short-term daily analysis, beta values of 0.205 for the one-month range and 0.254 for the three-month range show low sensitivity to market fluctuations. Weekly data reveals a beta of 0.602 over one year and 0.411 over two years, indicating a gradual rise in volatility over longer durations. The 2-week beta over a two-year period stands at 0.132, reflecting minimal responsiveness, while the monthly beta over two years reaches 0.185, suggesting low long-term volatility and weak market linkage. The mean returns across these periods range from 2,726.89 to 3,435.48, with standard deviations from 2.10 to 8.32, indicating lower price variability in shorter periods and higher variability in longer periods.

The Akzo Nobel India share pricehas shown periods of heightened responsiveness to sector-specific news and quarterly earnings releases. The Akzo Nobel India share pricereflects that the company’s established brand presence and consistent dividend history may provide some cushion against extreme volatility, though the paints and coatings sector remains sensitive to raw material price fluctuations and competitive dynamics. The Akzo Nobel India stock price is thus viewed as a defensive growth opportunity within a portfolio context with lower volatility characteristics.

Akzo Nobel India Limited Sectoral Relevance and Peer Positioning

The sector relevance of Akzo Nobel India is anchored in its role within the broader Indian paints and coatings industry, where it competes with other diversified paint and coatings companies. As part of this industry, the company‘s strategic positioning connects decorative paints, industrial coatings, and performance coatings that serve multiple end-user segments including residential, commercial, and industrial applications. Competitors in adjacent segments include companies such as Asian Paints Limited, Berger Paints India Limited, Kansai Nerolac Paints Limited, Indigo Paints Limited, Grasim’s Birla Opus, and JSW Paints. Asian Paints dominates the market with over 50% share, while Berger Paints, Kansai Nerolac, and Akzo Nobel form the next tier, with Indigo Paints emerging as a smaller but aggressive challenger. Akzo Nobel controls approximately 10% of the Indian paint market.

In valuation terms, factors like the Akzo Nobel India P/E ratio tend to reflect narrative shifts in earnings expectations and investor confidence relative to these peers. The Akzo Nobel India P/E ratio stood at approximately 36.11 as of April 2026, compared to Asian Paints at 51.79, Berger Paints at 45.90, Kansai Nerolac at 21.99, and Indigo Paints at 24.54. Akzo Nobel India earnings history over the past five years has shown a pattern of consistent growth. Net profit increased from ₹207.60 crore in FY2021 to ₹290.10 crore in FY2022, ₹335.10 crore in FY2023, ₹426.60 crore in FY2024, and ₹429.50 crore in FY2025, representing a cumulative growth of approximately 107% over five years. Total revenue grew from ₹2,444.60 crore in FY2021 to ₹4,118.80 crore in FY2025, a growth of approximately 68.5%. The 5-year aggregate net profit of the company stands at approximately ₹1,688.90 crore. The Akzo Nobel India EPS narrative has followed a similar pattern of consistent growth. Akzo Nobel India EPS increased from ₹45.60 in FY2021 to ₹63.70 in FY2022, ₹73.60 in FY2023, ₹93.70 in FY2024, and ₹94.31 in FY2025, with a 5-year EPS CAGR of approximately 15.6%. The current TTM EPS stands at approximately ₹82.66. The Akzo Nobel India market cap has shown a pattern of steady growth over the past decade. Akzo Nobel India market cap increased from approximately ₹13,000 crore to ₹15,452 crore as of September 2025, with the company ranked as a constituent of the BSE 500. The current market cap stands at approximately ₹13,592-13,624 crore. This directional behaviour in valuation multiples demonstrates how market expectations around growth prospects and earnings durability influence broader assessment of the Akzo Nobel India share pricewithin its industry context. The Akzo Nobel India stock priceremains a key barometer for the mid-cap paints and coatings segment.

Over the last ten years, Akzo Nobel India market cap has shown a pattern of steady growth. The company‘s market cap increased from approximately ₹13,000 crore in earlier years to ₹15,452 crore as of September 2025, with the company ranked as a constituent of the BSE 500. A significant increase in market cap was observed in recent periods, reflecting investor confidence in the company’s consistent financial performance and brand portfolio. Subsequently, the market cap has shown a moderating trend, currently standing at approximately ₹13,592-13,624 crore. This movement reflects the correction in the Akzo Nobel India share pricefrom its 52-week high.

Akzo Nobel India earnings, in terms of net profit, have exhibited a pattern of consistent and steady growth over the past five years. Net profit increased from ₹207.60 crore in FY2021 to ₹290.10 crore in FY2022, ₹335.10 crore in FY2023, ₹426.60 crore in FY2024, and ₹429.50 crore in FY2025, representing a cumulative growth of approximately 107% over five years. Total revenue grew from ₹2,444.60 crore in FY2021 to ₹4,118.80 crore in FY2025, a growth of approximately 68.5%. This consistent earnings growth reflects the company’s strong operational performance, successful product launches, and effective cost management.

Akzo Nobel India EPS history over the past five years has shown a consistent and robust growth trajectory. Akzo Nobel India EPS increased from ₹45.60 in FY2021 to ₹63.70 in FY2022, to ₹73.60 in FY2023, to ₹93.70 in FY2024, and to ₹94.31 in FY2025, with a 5-year EPS CAGR of approximately 15.6%. The EPS showed consistent year-on-year growth, with growth rates ranging from 14% to 27% over different periods. The current TTM EPS stands at approximately ₹82.66. This improving EPS trajectory reflects the company‘s enhanced profitability on a per-share basis, supported by strong net profit growth.

Akzo Nobel India P/E ratio history has shown a pattern of variation, fluctuating between moderate and elevated levels over the past five years. The P/E ratio stood at approximately 36.11 as of April 2026, compared to the industry leader Asian Paints at 51.79, Berger Paints at 45.90, Kansai Nerolac at 21.99, and Indigo Paints at 24.54. The P/E ratio has ranged from 30.59 to 38.21 over recent periods, with the TTM P/E at 6.75 reflecting different calculation methodologies. This valuation reflects that investor expectations remain anchored to the company‘s earnings growth trajectory and market position.

Summary

Akzo Nobel India is a leading Indian coatings company listed on both the NSE and BSE, where the Akzo Nobel India share pricereflects housing and infrastructure demand cycles, raw material cost trends, and competitive dynamics within the paints sector. Its representation in multiple stock indices supports market visibility, while investor interest is shaped by earnings trends, valuation narratives, and broader urban development patterns. Within the sector, the company’s competitive context and earnings dynamics provide key perspectives on its role in the Indian paints market.