JSW Dulux Limited JSWDULUX NIFTY_SMALLNSEINFRA
Company Overview
JSW Dulux Limited manufactures, distributes, and sells paints and coatings in India and internationally. It offers paints, enamels or lacquers, and varnishes for interior, exterior, waterproofing, and woodcare and metal applications; waterproofing paint products; weathershield paint for institutions/builders; and automotive and specialty, industrial, powder, and marine and protective coatings. The company's products are used in oil and gas, power, infrastructure, and wind energy projects; automobile; automotive OEM, consumer electronics, vehicle refinishes, and specialty coating businesses; and residential, commercial and industrial buildings. It offers its products primarily under the Dulux, International, Sikkens, and Interpon brands. The company was formerly known as Akzo Nobel India Limited and changed its name to JSW Dulux Limited in March 2026. JSW Dulux Limited was founded in 1792 and is based in Mumbai, India. JSW Dulux Limited operates as a subsidiary of JSW Paints Limited.
Why Investors Should Care
Generates a return on equity of 80.5%, reflecting efficient use of shareholder capital.
Return on capital employed stands at 89.6%.
Net profit has compounded at 80.6% per year over the last five years.
Trades at a P/E of 0.7, below the sector median of 21.1.
Maintains a net profit margin of 53.7%.
Recent Developments
- Mar 2026 Revenue of ₹3,580.40 Cr (-11.4% YoY); net profit ₹1,973.80 Cr.
- Trailing 12 Months Year-on-year growth — revenue -3.0%, earnings +48.9%.
- 5-Year Trend Long-term compounding — revenue CAGR -1.8%, profit CAGR 80.6%.
Growth & Price Performance
Compounded Sales Growth
| 5 Years: | -1.76% |
| 1 Year: | -3.00% |
Compounded Profit Growth
| 5 Years: | 80.60% |
| 1 Year: | 48.90% |
Stock Price Performance
| 1 Year: | -91.12% |
| 6 Months: | +3.18% |
| 3 Months: | -1.98% |
| 1 Month: | -6.08% |
Highlights auto-generated from reported financials and price data; not investment advice. Verify with official filings before acting.
- Price vs 50-DMABelow
- Price vs 200-DMABelow
- RSI (14)47.84 · Neutral
P/E of 0.69 is below the sector median of 21.09 — relatively cheaper than peers.
Auto-generated from price history and fundamentals; not investment advice.
Price Chart
Technical Trend
Computed from daily close history using EMA cross, slope, and RSI signals.
Note: intraday data is not stored locally. “Hourly” uses the most recent 10 daily candles as a short-term proxy.
Fundamental Growth Charts
No fundamental data available for this stock.
Interactive charts for Revenue, Net Income, EBITDA, Free Cash Flow, EPS, ROE, ROCE, Gross/Net/Operating Margin and more — switch metric and period using the dropdowns above. CAGR is computed across the displayed window (quarterly CAGR is annualised). Visual growth charts make it easy to spot multi-year compounding trends at a glance — far faster than reading raw numbers in a table.
PROS
- Strong return on equity of 80.5%.
- Healthy ROCE of 89.6%.
- Excellent profit margin of 53.7%.
- Profit CAGR of 80.6% over 5 years.
- In a confirmed uptrend (50-DMA above 200-DMA).
CONS
- Revenue declined at -1.8% CAGR over 5 years.
- Trading 91.2% below its 52-week high.
* The pros and cons are auto-generated from financial metrics.
Valuation
Growth (CAGR)
Profitability & Returns
Balance Sheet & Liquidity
Ownership
Financial Snapshot
Peer comparison
Peer companies in the same sector (Basic Materials).
| # | Name | CMP ₹ | P/E | Mkt Cap | Div Yld % | ROCE % | ROE % | Rev CAGR 5Y % | Profit CAGR 5Y % |
|---|---|---|---|---|---|---|---|---|---|
| 1 | JSWDULUX JSW Dulux Limited NIFTY_SMALLNSEINFRA | 299.48 | 0.69 | ₹1,363.84 Cr | 1.65% | 89.59% | 80.51% | -1.76% | 80.60% |
| 2 | ULTRACEMCO UltraTech Cement Limited NIFTY50NSEINFRA | 10,849.00 | 37.39 | ₹3.19 L Cr | 2.25% | 11.84% | 10.66% | 11.92% | 17.26% |
| 3 | JSWSTEEL JSW Steel Limited NIFTY50NSEAIINFRA | 1,222.90 | 12.07 | ₹2.99 L Cr | 0.58% | 18.75% | 22.30% | 3.61% | 75.28% |
| 4 | ASIANPAINT Asian Paints Limited NIFTY50NSEINFRA | 2,319.40 | 46.14 | ₹2.22 L Cr | 1.19% | 24.41% | 20.24% | 1.10% | 1.75% |
| 5 | HINDZINC Hindustan Zinc Limited NSEINFRA | 525.00 | 13.00 | ₹2.22 L Cr | 2.07% | 61.97% | 61.13% | 5.61% | 9.58% |
| 6 | TATASTEEL Tata Steel Limited NIFTY50NSEAIINFRA | 172.45 | 19.49 | ₹2.15 L Cr | 2.33% | 11.32% | 10.56% | -1.59% | 7.21% |
| 7 | HINDALCO Hindalco Industries Limited NIFTY50NSEAIINFRA | 892.85 | 12.11 | ₹1.98 L Cr | 0.56% | 9.42% | 9.80% | 7.10% | 9.87% |
| 8 | GRASIM Grasim Industries Limited NIFTY50NSEINFRA | 2,889.10 | 34.46 | ₹1.96 L Cr | 0.35% | 3.98% | 4.80% | 14.30% | -10.06% |
| 9 | SOLARINDS Solar Industries India Limited NSEINFRA | 19,259.00 | 87.52 | ₹1.74 L Cr | 0.06% | 29.51% | 26.72% | 12.39% | 30.36% |
Financial Statements Quarterly Results · Profit & Loss · Balance Sheet · Cash Flows · Ratios
Quarterly Results
Figures in INR.
| Metric | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 951.00 Cr | 999.00 Cr | 956.00 Cr | 1,033.00 Cr | 973.00 Cr | 1,036.00 Cr | 982.00 Cr | 1,050.50 Cr | 1,014.40 Cr | 995.10 Cr | 835.00 Cr | 907.70 Cr | 883.30 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | 610.30 Cr | 580.80 Cr | 568.80 Cr | - | 525.00 Cr | 524.80 Cr |
| Gross Profit | - | - | - | - | - | - | - | 440.20 Cr | 433.60 Cr | 426.30 Cr | - | 382.70 Cr | 358.50 Cr |
| Operating Expenses | 797.00 Cr | 837.00 Cr | 814.00 Cr | 866.00 Cr | 812.00 Cr | 867.00 Cr | 836.00 Cr | 296.70 Cr | 296.30 Cr | 310.10 Cr | 724.00 Cr | 265.00 Cr | 251.60 Cr |
| Operating Income | 133.00 Cr | 143.00 Cr | 121.00 Cr | 146.00 Cr | 140.00 Cr | 147.00 Cr | 124.00 Cr | 143.50 Cr | 137.30 Cr | 116.20 Cr | 93.00 Cr | 117.70 Cr | 106.90 Cr |
| EBITDA | 155.00 Cr | 162.00 Cr | 142.00 Cr | 166.00 Cr | 162.00 Cr | 169.00 Cr | 146.00 Cr | 172.90 Cr | 162.10 Cr | 143.50 Cr | 111.00 Cr | 122.70 Cr | 194.10 Cr |
| Interest Expense | 6.00 Cr | 3.00 Cr | 3.00 Cr | 3.00 Cr | 3.00 Cr | 2.00 Cr | 2.00 Cr | 3.30 Cr | 2.50 Cr | 2.70 Cr | 2.00 Cr | 2.80 Cr | 4.30 Cr |
| Pretax Income | 133.00 Cr | 148.00 Cr | 127.00 Cr | 152.00 Cr | 147.00 Cr | 154.00 Cr | 132.00 Cr | 146.20 Cr | 137.60 Cr | 122.50 Cr | 1,972.00 Cr | 101.30 Cr | 169.70 Cr |
| Tax Provision | 37.24 Cr | 38.48 Cr | 33.02 Cr | 38.00 Cr | 38.22 Cr | 40.04 Cr | 34.32 Cr | 37.60 Cr | 29.20 Cr | 31.50 Cr | 295.80 Cr | 27.00 Cr | 44.00 Cr |
| Net Income | 95.00 Cr | 110.00 Cr | 94.00 Cr | 114.00 Cr | 109.00 Cr | 115.00 Cr | 98.00 Cr | 108.60 Cr | 108.40 Cr | 91.00 Cr | 1,683.00 Cr | 74.30 Cr | 125.70 Cr |
| Diluted EPS | 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 |
Profit & Loss (Annual)
Figures in INR.
| Metric | Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 856.00 Cr | 2,640.00 Cr | 2,572.00 Cr | 2,719.00 Cr | 2,918.00 Cr | 2,662.00 Cr | 2,421.00 Cr | - | 3,776.80 Cr | 3,936.70 Cr | 4,042.90 Cr | 3,580.40 Cr |
| Cost of Revenue | - | - | - | - | - | - | - | - | 2,294.20 Cr | 2,368.00 Cr | 2,460.80 Cr | 2,189.10 Cr |
| Gross Profit | - | - | - | - | - | - | - | - | 1,482.60 Cr | 1,568.70 Cr | 1,582.10 Cr | 1,391.30 Cr |
| Operating Expenses | 1,024.00 Cr | 2,380.00 Cr | 2,244.00 Cr | 2,420.00 Cr | 2,576.00 Cr | 2,291.00 Cr | 2,078.00 Cr | - | 1,046.60 Cr | 1,027.50 Cr | 1,042.90 Cr | 963.20 Cr |
| Operating Income | -189.00 Cr | 206.00 Cr | 275.00 Cr | 241.00 Cr | 277.00 Cr | 291.00 Cr | 267.00 Cr | - | 436.00 Cr | 541.20 Cr | 539.20 Cr | 428.10 Cr |
| EBITDA | -168.00 Cr | 260.00 Cr | 329.00 Cr | 299.00 Cr | 342.00 Cr | 370.00 Cr | 343.00 Cr | - | 549.20 Cr | 665.50 Cr | 668.40 Cr | 2,451.20 Cr |
| Interest Expense | 3.00 Cr | 2.00 Cr | 3.00 Cr | 4.00 Cr | 4.00 Cr | 9.00 Cr | 10.00 Cr | - | 10.80 Cr | 10.20 Cr | 9.10 Cr | 10.40 Cr |
| Pretax Income | 379.00 Cr | 314.00 Cr | 337.00 Cr | 478.00 Cr | 316.00 Cr | 323.00 Cr | 278.00 Cr | - | 455.90 Cr | 573.00 Cr | 569.90 Cr | 2,365.50 Cr |
| Tax Provision | 83.38 Cr | 100.48 Cr | 90.99 Cr | 76.48 Cr | 104.28 Cr | 87.21 Cr | 69.50 Cr | - | 120.80 Cr | 146.40 Cr | 140.40 Cr | 391.70 Cr |
| Net Income | 295.00 Cr | 214.00 Cr | 247.00 Cr | 400.00 Cr | 211.00 Cr | 237.00 Cr | 208.00 Cr | - | 335.10 Cr | 426.60 Cr | 429.50 Cr | 1,973.80 Cr |
| Diluted EPS | 77.22 | 45.91 | 52.94 | 85.75 | 46.33 | 52.13 | 45.59 | - | 73.58 | 93.68 | 94.31 | 433.42 |
Balance Sheet (Annual)
Figures in INR.
| Metric | Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 1,332.00 Cr | 2,044.00 Cr | 1,884.00 Cr | 2,233.00 Cr | 2,098.00 Cr | 2,326.00 Cr | 2,530.00 Cr | - | 2,740.50 Cr | 2,903.90 Cr | 2,903.40 Cr | 3,795.30 Cr |
| Current Assets | - | - | - | - | - | - | - | - | 1,872.90 Cr | 1,932.70 Cr | 2,013.20 Cr | 1,799.40 Cr |
| Cash & Equivalents | - | - | - | - | - | - | - | - | 314.70 Cr | 273.70 Cr | 248.20 Cr | 269.80 Cr |
| Inventory | - | - | - | - | - | - | - | - | 597.90 Cr | 611.50 Cr | 604.70 Cr | 571.10 Cr |
| Receivables | - | - | - | - | - | - | - | - | 552.30 Cr | 575.40 Cr | 584.90 Cr | 602.90 Cr |
| Total Liabilities | - | - | - | - | - | - | - | - | 1,424.20 Cr | 1,574.00 Cr | 1,573.20 Cr | 1,343.70 Cr |
| Current Liabilities | - | - | - | - | - | - | - | - | 1,263.90 Cr | 1,423.50 Cr | 1,450.10 Cr | 1,143.20 Cr |
| Long Term Debt | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Debt | 0 | 3.00 Cr | 3.00 Cr | 3.00 Cr | 3.00 Cr | 64.00 Cr | 64.00 Cr | - | 69.70 Cr | 60.40 Cr | 62.10 Cr | 79.10 Cr |
| Total Equity | 971.00 Cr | 1,163.00 Cr | 1,010.00 Cr | 1,291.00 Cr | 1,137.00 Cr | 1,238.00 Cr | 1,289.00 Cr | - | 1,316.30 Cr | 1,329.90 Cr | 1,330.20 Cr | 2,451.60 Cr |
| Shares Outstanding | - | - | - | - | - | - | - | - | 4.55 Cr | 4.55 Cr | 4.55 Cr | 4.55 Cr |
Cash Flows (Annual)
Figures in INR.
| Metric | Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | 2.00 Cr | 263.00 Cr | 143.00 Cr | 183.00 Cr | 139.00 Cr | 374.00 Cr | 283.00 Cr | - | 486.20 Cr | 485.50 Cr | 312.10 Cr | 93.20 Cr |
| Investing Cash Flow | 283.00 Cr | -156.00 Cr | 225.00 Cr | -6.00 Cr | 185.00 Cr | 4.00 Cr | -225.00 Cr | - | -15.10 Cr | -86.00 Cr | 121.60 Cr | 803.70 Cr |
| Financing Cash Flow | -54.00 Cr | -113.00 Cr | -392.00 Cr | -126.00 Cr | -360.00 Cr | -157.00 Cr | -174.00 Cr | - | -301.70 Cr | -439.40 Cr | -459.50 Cr | -875.40 Cr |
| Capital Expenditure | 206.00 Cr | -29.00 Cr | -75.00 Cr | -103.00 Cr | -42.00 Cr | -48.00 Cr | -28.00 Cr | - | -104.30 Cr | -118.50 Cr | -106.50 Cr | -1,199.00 Cr |
| Free Cash Flow | 208.00 Cr | 234.00 Cr | 68.00 Cr | 80.00 Cr | 97.00 Cr | 326.00 Cr | 255.00 Cr | - | 381.90 Cr | 367.00 Cr | 205.60 Cr | -1,105.80 Cr |
| Net Change in Cash | 231.00 Cr | -6.00 Cr | -24.00 Cr | 51.00 Cr | -36.00 Cr | 221.00 Cr | -115.00 Cr | - | 169.40 Cr | -39.90 Cr | -25.80 Cr | 21.50 Cr |
Ratios (Annual)
Figures in %.
| Metric | Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin % | - | - | - | - | - | - | - | - | 39.3% | 39.8% | 39.1% | 38.9% |
| Operating Margin % | -22.1% | 7.8% | 10.7% | 8.9% | 9.5% | 10.9% | 11.0% | - | 11.5% | 13.7% | 13.3% | 12.0% |
| Net Margin % | 34.5% | 8.1% | 9.6% | 14.7% | 7.2% | 8.9% | 8.6% | - | 8.9% | 10.8% | 10.6% | 55.1% |
| ROE % | 30.4% | 18.4% | 24.5% | 31.0% | 18.6% | 19.1% | 16.1% | - | 25.5% | 32.1% | 32.3% | 80.5% |
| ROCE % | - | - | - | - | - | - | - | - | 29.5% | 36.6% | 37.1% | 16.1% |
Shareholding Pattern
Analyst View
Analyst aggregate. Targets and ratings update periodically; not investment advice.
Latest News
Recent headlines for JSWDULUX
JSWDULUX: Static price chart | AKZO NOBE | INE133A01011 - www.marketscreener.com
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AKZO NOBE: Financial Data Forecasts Estimates and Expectations | JSWDULUX | INE133A01011 - www.marketscreener.com
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JSWDULUX Stock Price and Chart — NSE:JSWDULUX - TradingView
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JSW Dulux Limited (JSWDULUX.BO) stock price, news, quote and history - Yahoo Finance Singapore
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JSW Dulux Limited (JSWDULUX.NS) stock historical prices and data - Yahoo Finance Singapore
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JSWDULUX — Frequently Asked Questions
What is the current share price of JSW Dulux Limited (JSWDULUX)?
As of 2026-10-23 04:58 IST, JSW Dulux Limited (JSWDULUX) trades at ₹299.48 on NSE. Its 52-week range is ₹267.29 to ₹3,411.06.
What is the market capitalisation of JSWDULUX?
JSW Dulux Limited (JSWDULUX) has a market capitalisation of ₹1,363.84 Cr on NSE.
What is the P/E ratio of JSWDULUX?
JSWDULUX trades at a trailing price-to-earnings (P/E) ratio of 0.69. The industry average P/E is 21.09. Its price-to-book (P/B) ratio is 5.58.
Does JSWDULUX pay a dividend?
JSW Dulux Limited (JSWDULUX) currently offers a dividend yield of 1.65%.
What is the return on equity (ROE) of JSWDULUX?
JSWDULUX has a return on equity (ROE) of 80.51%. Its return on capital employed (ROCE) is 89.59%.
Is JSWDULUX a good stock to buy?
This page provides a data-driven analysis of JSW Dulux Limited (JSWDULUX), including valuation ratios, profitability, growth trends, auto-generated pros and cons, peer comparison and AI exposure. Review these fundamentals alongside your own research and risk tolerance. This is informational content, not investment advice.