AkzoNobel
Working at AkzoNobel
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5% above
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Company culture, Salary, Work-life balance
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About AkzoNobel
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About AkzoNobel
Since 1792, we’ve been supplying the innovative paints and coatings that help to color people’s lives and protect what matters most. Our world class portfolio of brands – including Dulux, International, Sikkens and Interpon – is trusted by customers around the globe. We’re active in more than 150 countries and use our expertise to sustain and enhance everyday life. Because we believe every surface is an opportunity. It’s what you’d expect from a pioneering and long-established paints company that’s dedicated to providing sustainable solutions and preserving the best of what we have today – while creating an even better tomorrow. Let’s paint the future together.
About Akzo Nobel India Limited
Akzo Nobel India is present in India for 69 years. In 2008, the company became a member of the AkzoNobel Group. With an employee strength of around 1,500, AkzoNobel India has five manufacturing sites, two RD&I centers, regional offices and a distribution network spread across the country. All manufacturing facilities have a state-of-the-art environmental management system. It’s commitment to Health, Safety, Environment and Security (HSE&S) has been among the best-in-class globally, with due care being taken to protect people and the environment. For more information, please visit www.akzonobel.co.in
AkzoNobel Ratings
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Compare AkzoNobel with Similar Companies
Change Company | Change Company | Change Company | ||
---|---|---|---|---|
Overall Rating | 4.1/5 based on 1.3k reviews | 4.0/5 based on 7.4k reviews | 3.7/5 based on 3.1k reviews | 3.8/5 based on 2k reviews |
Highly Rated for | Salary Company culture Work-life balance | Salary Skill development Job security | No highly rated category | Job security |
Critically Rated for | No critically rated category | No critically rated category | Promotions Work-life balance Company culture | Promotions |
Primary Work Policy | Hybrid 55% employees reported | Work from office 70% employees reported | Work from office 67% employees reported | Work from office 72% employees reported |
Rating by Women Employees | 3.9 Good rated by 115 women | 4.0 Good rated by 402 women | 3.4 Average rated by 46 women | 2.9 Poor rated by 44 women |
Rating by Men Employees | 4.2 Good rated by 1.1k men | 4.0 Good rated by 6.6k men | 3.7 Good rated by 2.9k men | 3.8 Good rated by 1.9k men |
Job security | 3.8 Good | 3.8 Good | 3.7 Good | 3.8 Good |
AkzoNobel Salaries
Senior Sales Officer
Sales Officer
Head Key Accounts
Sales Executive
Area Project Head
Customer Relation Officer
Contractor Relationship Officer
Area Sales Manager
Head Key Account
Marketing Development Officer
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AkzoNobel News
‘Premium’ valuation of AkzoNobel’s India paint business takes centrestage
- Bidders for AkzoNobel's India paint business are wary of the high premiums sought.
- Akzo India market cap increased and stabilised in the ₹15,000-16,000 crore range, even though it has less than 10% market share.
- Valuation of the decorative paints business is expected to be a maximum of ₹12,000-15,000 crore after separating the highly profitable powdered coatings business.
- JSW Paints, Pidilite, Indigo Paints, and several PE firms are among the bidders for AkzoNobel's India paint business.
Akzo Nobel initiates second round of discussions with shortlisted bidders
- Paint maker Akzo Nobel has initiated a second round of discussion with potential bidders, including JSW Paints, Pidilite, and a private equity firm.
- Discussions are ongoing to invite binding bids for the South Asia business, which includes the AkzoNobel India unit.
- Valuations of the business and the 'Dulux' brand, sought in the range of ₹20,000 crore, are currently under discussion.
- The average market cap of AkzoNobel India, around ₹15,000 crore, is a key consideration for the interested bidders.
Dulux Parent Akzo Nobel Optimistic On Market Share Gain Despite Flat Q3
- Dulux parent company, Akzo Nobel, remains optimistic about market share gain despite flat Q3 results.
- The company's net profit declined 5% to Rs 109 crore in Q3 FY25 compared to Rs 114 crore in the year-ago period.
- Revenue growth was slower with Q3 revenues at Rs 1,050.5 crore compared to Rs 1,033 crore.
- Despite the flatter revenue trend, the company experienced positive signs with higher volume growth.
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Stock Market Live Updates on 11 January, 2025: Stock to buy today: Gulf Oil Lubricants India (₹1,188.35) - BUY
- Aarti Pharmalabs recorded good earnings in Q3, and plans to expand its production capacity.
- Firstsource Sol expects growth in utilities and healthcare due to Trump's policies.
- Gokaldas Export expects 1% margin improvement moving forward.
- Akzo Nobel is in the early stages of a strategic review to sell its decorative paints business.
- Latent View Ana sees a strong tech segment and financials accounting for 10% of overall revenue.
- M&M's recent Q3 results reveal strong growth in SUVs and highest tractor market share.
- Mahindra Group's CEO welcomes electric vehicle competition as long domestic manufacturing gets a boost.
- Ola Electric's CMD sees tailwinds in volumes in Q4 with strong interest in gen 3 scooters already.
- PG Electroplast announces the pact to manufacture RAC compressors, which will be margin accretive.
- Rainbow Children's Medicare still has scope for improving occupancy in the future.
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Binding bids for AkzoIndia in 3-4 months, sources say; CMD says sale process to be concluded in about 9 months
- Binding bids for AkzoIndia are expected to be placed in another three-to-four months.
- The sale process of AkzoNobel India's decorative and industrial coatings business may be concluded in 6-9 months.
- The top two paint companies in India, Asian Paints and Berger, occupy nearly 75% of the market.
- The valuation process for the powder coatings business is expected to be completed by the end of February.
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Q3 Results Live: Akzo Nobel Profit Down; M&M, LIC, Mazagon Dock, NHPC, Ola Electric Earnings Today
- Akzo Nobel reports a decline in net profit for the Q3.
- M&M is the only company from the Nifty 50 pack to release financial statement today.
- Venky's India swings to profit in Q3.
- Q3 earnings announcements for NHPC, Mazagon Dock, and Ola Electric are also expected today.
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Akzo Nobel India Q3 Profit Down Amid Dutch Parent Eyeing Exit
- Akzo Nobel India reported a 5% decline in Q3 profit, with consolidated net profit decreasing to Rs 109 crore from Rs 114 crore in the year-ago period.
- Revenue increased by 1.7% to Rs 1,050.5 crore from Rs 1,033 crore last year.
- Operating earnings rose by 0.3% to Rs 167 crore, while the margin contracted to 15.9% from 16.1%.
- The disappointing results come as Akzo Nobel's Dutch parent company considers exiting the Indian market, with several potential buyers in talks to acquire the stake.
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AkzoNobel India closes bids, JSW Paints among front runners
- JSW Paints and Pidilite Industries are the top contenders in the bid to acquire AkzoNobel India, with JSW Paints receiving a call to discuss deal details.
- Other companies, including Berger Paints and Indigo Paints, also showed interest in bidding.
- The bidding process for AkzoNobel India has closed, but the deal is yet to be finalized.
- The Indian entity of AkzoNobel is likely to be valued at a premium of at least 5 times its turnover, amounting to around ₹16,000-20,000 crore.
JSW, Berger To Explore Akzo Nobel's Strategic Plans
- JSW Paints is exploring both organic and inorganic growth options to expand its business.
- JSW Paints will examine paint-maker Akzo Nobel's process, indicating a possible divestment of its decorative business.
- The company has plans to spend Rs 1,000 crore over the next 3-5 years for organic growth.
- Berger Paints will also explore opportunities in Akzo Nobel's decorative business at the right valuation.
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AkzoNobel Subsidiaries
Akzonobel Car Refinishes
Akzo Nobel Chemicals
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