JSW Dulux Ltd (JSWDULUX)
₹2,943.90
Mkt cap
₹13,423 Cr
P/E ratio
37.20
P/B
5.47
Div yield
1.70%
ROE
19.10%
ROCE
22.70%
EPS (TTM)
₹79.14
Book value
₹538
52W range
2,715–3,873
Sector
Consumer Discretionary
Incorporated in 1954, Akzo Noble India Ltd is in the business of manufacturing, trading, and selling paints and related products. It also provides research and development services to its Holding Company and other group companies [1]
Health check
Mixed
ValuationFair
ProfitabilityStrong
GrowthModerate
TechnicalsBearish
52-week range
−23.98% from high₹2,944
₹2,715+8.45% from low₹3,873
Current
₹2,943.90
Prev close
₹2,923.00
Day
+0.72%
Price performance
1D
+0.72%
1W
−1.98%
1M
−7.98%
3M
−0.13%
6M
−0.98%
1Y
−18.63%
YTD
−8.34%
Financials
FRevenue, profit & margin
P/E ratio
37.2×
JSWDULUX is 4% above the sector median of 35.9×
JSWDULUX37.2×
Sector median35.9×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 951 | 999 | 956 | 1,033 | 973 | 1,036 | 982 | 1,050 | 1,014 | 995 | 835 | 894 | 883 | |
| Expenses | 797 | 837 | 814 | 866 | 812 | 867 | 836 | 884 | 855 | 861 | 724 | 758 | 756 | |
| Operating Profit | 155 | 162 | 142 | 166 | 162 | 169 | 146 | 167 | 159 | 134 | 111 | 136 | 127 | |
| OPM % | 16% | 16% | 15% | 16% | 17% | 16% | 15% | 16% | 16% | 14% | 13% | 15% | 14% | |
| Other Income | 6 | 8 | 9 | 8 | 10 | 10 | 9 | 6 | 3 | 9 | 1,882 | -14 | 67 | |
| Interest | 6 | 3 | 3 | 3 | 3 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 4 | |
| Depreciation | 22 | 19 | 21 | 20 | 22 | 22 | 22 | 23 | 22 | 18 | 18 | 19 | 20 | |
| Profit before tax | 133 | 148 | 127 | 152 | 147 | 154 | 132 | 146 | 138 | 122 | 1,972 | 101 | 170 | |
| Tax % | 28% | 26% | 26% | 25% | 26% | 26% | 26% | 26% | 21% | 26% | 15% | 27% | 26% | |
| Net Profit | 95 | 110 | 94 | 114 | 109 | 115 | 98 | 109 | 108 | 91 | 1,683 | 74 | 126 | |
| EPS in Rs | 20.95 | 24.13 | 20.68 | 24.99 | 23.87 | 25.16 | 21.50 | 23.85 | 23.80 | 19.98 | 369.52 | 16.32 | 27.60 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.08% · closed higher next day 28 of last 54
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25† | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 4 Aug '23 | 2 Nov '23◦ | 7 Feb '24 | 16 May '24◦ | 2 Aug '24 | 7 Nov '24◦ | 7 Feb '25◦ | 17 Jul '25 | 4 Aug '25 | 7 Nov '25 | 2 Feb '26◦ | 13 May '26◦ |
| Earnings day | −2.66% | −0.03% | −2.27% | +2.14% | +0.18% | −2.06% | +0.16% | +3.20% | +2.37% | +1.40% | +1.20% | −1.98% |
| +1 day | −2.41% | −0.13% | −3.07% | +2.24% | −0.95% | −7.53% | −4.05% | +3.62% | +1.53% | +2.55% | +2.63% | −1.55% |
| +5 days | −2.79% | +0.38% | −4.38% | +0.53% | +7.48% | −11.35% | −7.66% | +10.46% | −5.04% | +4.41% | +7.21% | −2.71% |
| +15 days | −6.66% | +0.59% | −12.54% | +3.86% | +4.05% | −11.09% | −13.18% | +3.40% | −5.79% | +2.90% | +10.60% | +4.29% |
| +30 days | −10.50% | +6.71% | −17.00% | +11.86% | +17.42% | −16.60% | −8.16% | −2.80% | −7.06% | −2.11% | +3.61% | +9.38% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 50 Per Share | 50.00 | 3 Jul '26 | 3 Jul '26 |
Shareholding
Sas of Mar 202661.20%Promoter
Promoters61.20%
FIIs8.43%0.23
DIIs21.79%1.21
Public8.58%0.98
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| Asian Paints | ₹2,670.00 | 57.67 | 2,56,179 | 1.03% | 1,185 | +43.83% | 9,247 | +10.62% | 26.34% |
| Berger Paints | ₹491.70 | 49.16 | 57,350 | 0.81% | 335 | +17.33% | 2,868 | +6.07% | 22.20% |
| Kansai Nerolac | ₹202.93 | 28.26 | 16,364 | 1.23% | 110 | +15.06% | 1,954 | +7.54% | 11.99% |
| JSW Dulux | ₹2,948.10 | 37.17 | 13,423 | 1.70% | 126 | +15.96% | 883 | −12.92% | 22.73% |
| Indigo Paints | ₹1,084.40 | 34.53 | 5,171 | 0.32% | 57 | +0.77% | 398 | +8.36% | 17.94% |
| Sirca Paints | ₹393.35 | 34.33 | 2,233 | 0.38% | 18 | +25.07% | 134 | +33.07% | 21.47% |
| Shalimar Paints | ₹50.95 | — | 426 | 0.00% | −7 | +22.37% | 156 | −12.32% | −7.92% |
| Median: 9 Co. | ₹393.35 | 35.85 | 5,171 | 0.81% | 57 | +17.33% | 398 | +7.54% | 21.47% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2015bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bse
Concall transcripts45
TranscriptMay 2026PPTMay 2026PPTMar 2026TranscriptFeb 2026TranscriptFeb 2026PPTFeb 2026TranscriptNov 2025PPTNov 2025TranscriptAug 2025PPTAug 2025TranscriptMay 2025PPTMay 2025TranscriptMar 2025PPTMar 2025TranscriptFeb 2025PPTFeb 2025TranscriptNov 2024PPTNov 2024PPTNov 2024TranscriptAug 2024PPTAug 2024PPTAug 2024TranscriptMay 2024PPTMay 2024
Credit ratings1
Announcements5
Rumour verification - Regulation 30(11) 1d - Company clarifies July 13 media report on Akzo Nobel's $8.6 billion offer is not relevant.Clarification sought from JSW Dulux Ltd 2d - Exchange has sought clarification from JSW Dulux Ltd with reference to the media report appearing on https://economictimes.indiatimes.com dated July 13, 2026, (Link: https://economictimes.indiatimes.com/news/company/corporate-trends/nippon-paint-offers-8-6-billion-for-akzonobel-unit-bloomberg-news-reports/articleshow/132354359.cms) ....Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 11 Jul - AGM approved Deloitte Haskins & Sells LLP as statutory auditor for FY2026-27 to FY2030-31.Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 11 JulShareholder Meeting / Postal Ballot-Outcome of AGM 11 Jul




