{"id":179322,"date":"2026-02-03T06:48:34","date_gmt":"2026-02-03T11:48:34","guid":{"rendered":"https:\/\/alphastreet.com\/india\/?p=179322"},"modified":"2026-02-03T06:48:36","modified_gmt":"2026-02-03T11:48:36","slug":"akzo-nobel-q3-fy26-earnings-results","status":"publish","type":"post","link":"https:\/\/alphastreet.com\/india\/akzo-nobel-q3-fy26-earnings-results\/","title":{"rendered":"Akzo Nobel Q3 FY26 Earnings Results"},"content":{"rendered":"\n

Executive Summary<\/strong><\/h2>\n\n\n\n

Akzo Nobel India Ltd reported Q3FY26 revenues of \u20b9908 crore, down 13.52% YoY, with consolidated net profit declining 32.11% to \u20b974 crore despite 5.9% volume growth. Powder Coatings divestment and pricing pressures impacted topline, though core Paints business showed resilience ahead of JSW Paints integration.<\/p>\n\n\n\n

Revenue & Growth<\/strong><\/h2>\n\n\n\n

Revenues fell to \u20b9908 crore from \u20b91,050 crore YoY due to discontinued powder coatings operations, though core revenue (ex-divested) declined only 1% to \u20b9907.7 crore with 5.9% volume gains. Total expenses dropped 12.75% YoY to \u20b9794 crore, aligning with reduced scale post-divestment.<\/p>\n\n\n\n

Profitability & Margins<\/strong>
Consolidated net profit decreased 32.11% YoY to \u20b974 crore from \u20b9109 crore; ex-divested PAT rose 5.9% to \u20b994.6 crore. EBITDA (ex-divested) at \u20b9135.7 crore down 2% YoY with margins contracting 95 bps to 14.94%; EPS fell 31.78% to \u20b916.27.<\/p>\n\n\n\n

Balance-Sheet Highlights<\/strong>
The dataset lacks detailed balance sheet items such as assets, liabilities, equity, net debt, or current ratio for Q3FY26. JSW Paints acquired 61.2% stake on Dec 10, 2025, with name change to JSW Dulux approved.<\/p>\n\n\n\n

Cash Flow \/ Liquidity<\/strong>
Operating cash flow, free cash flow, and liquidity metrics are not specified in the Q3FY26 dataset.<\/p>\n\n\n\n

Key Ratios \/ Metrics<\/strong>
9M revenue (ex-divested) down 2.2% to \u20b92,737.7 crore; PAT (ex-items) down 7.6% to \u20b9258.5 crore. Strategic focus shifts to innovation under new ownership amid resilient volume performance.<\/p>\n\n\n\n

\"\"<\/figure>\n","protected":false},"excerpt":{"rendered":"

Executive Summary Akzo Nobel India Ltd reported Q3FY26 revenues of \u20b9908 crore, down 13.52% YoY, with consolidated net profit declining 32.11% to \u20b974 crore despite 5.9% volume growth. Powder Coatings divestment and pricing pressures impacted topline, though core Paints business showed resilience ahead of JSW Paints integration. Revenue & Growth Revenues fell to \u20b9908 crore […]<\/p>\n","protected":false},"author":1932,"featured_media":179323,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[105,392],"tags":[10226],"class_list":["post-179322","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-infographics","category-earnings","tag-paints"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/AKZO.png","jetpack_likes_enabled":false,"jetpack-related-posts":[{"id":179319,"url":"https:\/\/alphastreet.com\/india\/aditya-birla-fashion-q3-fy26-earnings-results\/","url_meta":{"origin":179322,"position":0},"title":"Aditya Birla Fashion Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 3, 2026","format":false,"excerpt":"Executive Summary Aditya Birla Fashion & Retail Ltd reported Q3FY26 revenues of \u20b9908 crore, down 13.52% YoY, with consolidated net profit declining 32.11% to \u20b974 crore. Apparel demand softened amid festive disruptions while expenses fell proportionally, maintaining sector challenges post-consolidation. Revenue & Growth Revenues contracted to \u20b9908 crore from \u20b92,201\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ABFRL.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ABFRL.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ABFRL.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ABFRL.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ABFRL.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/ABFRL.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169830,"url":"https:\/\/alphastreet.com\/india\/akzo-nobel-india-ltd-q1-fy26-earnings-results-revenue-down-4-net-profit-falls-21-yoy\/","url_meta":{"origin":179322,"position":1},"title":"Akzo Nobel India Ltd Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 6, 2025","format":false,"excerpt":"Akzo Nobel India Limited, incorporated in 1954, is a leading manufacturer, trader, and seller of paints and related products. The company is also engaged in providing research and development services to its Holding Company and other group entities, reinforcing its commitment to innovation and quality in the decorative and performance\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AKZO.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AKZO.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AKZO.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AKZO.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AKZO.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/AKZO.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":179393,"url":"https:\/\/alphastreet.com\/india\/akzo-nobel-india-posts-q3-fy2025-26-results-amid-ownership-shift\/","url_meta":{"origin":179322,"position":2},"title":"Akzo Nobel India Posts Q3 FY2025-26 Results Amid Ownership Shift","author":"Staff Correspondent","date":"February 3, 2026","format":false,"excerpt":"Akzo Nobel India Limited (NSE: AKZOINDIA) announced its Q3 and nine-month financial results for FY2025-26. Comparable results exclude divested Powder Coatings and IRC businesses. The company reported volume growth despite revenue declines. Q3 FY2025-26 Comparable Performance Revenue from operations fell 1.0% to \u20b9907.7 crore from \u20b9916.6 crore. EBITDA from operations\u2026","rel":"","context":"In "Analysis"","block_context":{"text":"Analysis","link":"https:\/\/alphastreet.com\/india\/category\/stock-analysis\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2021\/11\/Earnings-Coverage.jpg?resize=525%2C300&ssl=1 1.5x"},"classes":[]},{"id":179790,"url":"https:\/\/alphastreet.com\/india\/berger-paints-q3-fy26-earnings-results\/","url_meta":{"origin":179322,"position":3},"title":"Berger Paints Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"February 6, 2026","format":false,"excerpt":"Berger Paints India Ltd recorded marginal revenue growth but faced profit contraction in Q3 FY26 amid tight expense control challenges. Paints manufacturing operations showed volume resilience despite muted topline momentum. Executive Summary Berger Paints India Ltd reported consolidated revenues of \u20b92,984 crore for Q3 FY26, up 0.3% YoY from \u20b92,975\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BER.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BER.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BER.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BER.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BER.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/02\/BER.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":178011,"url":"https:\/\/alphastreet.com\/india\/asian-paints-q3-fy26-earnings-results\/","url_meta":{"origin":179322,"position":4},"title":"Asian Paints Q3 FY26 Earnings Results","author":"Divyansh_Kasana","date":"January 28, 2026","format":false,"excerpt":"Executive Summary Asian Paints Ltd reported Q3FY26 revenues of \u20b98,867 crore, up 3.72% YoY, but consolidated net profit declined 4.79% to \u20b91,074 crore. Total expenses rose 3.07% YoY to \u20b97,447 crore, pressuring margins amid modest top-line growth. Revenue & Growth Revenues increased to \u20b98,867.00 crore in Q3FY26 from \u20b98,549.00 crore\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2026\/01\/A-3.png?resize=1400%2C800&ssl=1 4x"},"classes":[]},{"id":169926,"url":"https:\/\/alphastreet.com\/india\/berger-paints-india-ltd-q1-fy26-earnings-results-revenue-up-4-net-profit-falls-11-yoy\/","url_meta":{"origin":179322,"position":5},"title":"Berger Paints India Q1 FY26 Earnings Results","author":"Divyansh_Kasana","date":"August 8, 2025","format":false,"excerpt":"Berger Paints India Limited is a leading company engaged in the manufacturing and selling of paints, serving various sectors with a comprehensive portfolio of decorative and industrial coatings. Presenting below are its Q1 FY26 Earnings Results. Q1 FY26 Earnings Results Revenue: \u20b93,201 crore, up 3.56% year-on-year (YoY) from \u20b93,091 crore\u2026","rel":"","context":"In "AlphaGraphs"","block_context":{"text":"AlphaGraphs","link":"https:\/\/alphastreet.com\/india\/category\/infographics\/"},"img":{"alt_text":"BERGEPAINT Q1 FY26 Earnings Results","src":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BERGE.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BERGE.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BERGE.png?resize=525%2C300&ssl=1 1.5x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BERGE.png?resize=700%2C400&ssl=1 2x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BERGE.png?resize=1050%2C600&ssl=1 3x, https:\/\/i0.wp.com\/alphastreet.com\/india\/wp-content\/uploads\/2025\/08\/BERGE.png?resize=1400%2C800&ssl=1 4x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179322","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/users\/1932"}],"replies":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/comments?post=179322"}],"version-history":[{"count":1,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179322\/revisions"}],"predecessor-version":[{"id":179324,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/posts\/179322\/revisions\/179324"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media\/179323"}],"wp:attachment":[{"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/media?parent=179322"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/categories?post=179322"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/alphastreet.com\/india\/wp-json\/wp\/v2\/tags?post=179322"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}