Akzo reported revenue growth of 5% YoY, however, Ebitda and PAT declined 1.5% and 0.3%, respectively, YoY.
(Photo: company website)
Akzo gained market shares even in Q4 FY25 when Birla Opus has likely hurt all other economy and mass brands. ICICI Securities reckon, [comfortable] competitive equilibrium in paints is likely broken. Retain underweight on large cap paints. Contrarian investors may consider owning Akzo Nobel/Indigo Paints/Kansai Nerolac.