JSW Dulux Limited
JSW Dulux Limited operates in Paints, part of the Consumer Durables sector. It booked ₹965 cr of revenue in its latest quarter (Q1 FY27) and kept 8.3% of sales as profit. It is the 4th largest of 8 Paints companies we track, by market value.
“The Company is engaged in the business of consequence of amendments made to Ind AS 12 as the manufacturing, trading and selling of paints and related products.”
“is to achieve zero injuries and harm through operational excellence.”
Healthier than 60% of companies in Consumer Durables, on all six measures of filed financials. Each measure is ranked against the 29–45 companies that reported it.
Measures financial condition, not whether to buy. Learn what this score means · How this is calculated
- RSI (14)
- 42
At close. Not part of the score.
How much profit it earns on the money it employs
How much it owes, and whether earnings cover the interest
Whether reported profit actually arrives as cash
Whether sales and profit have grown, and how steadily
What today's price implies, against our models or its peers
How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure
What if I invest in this stock?
Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.
The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.
P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-10-21.
An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.
| Revenue from Operations | ₹965 cr |
| Other Income | ₹26 cr |
| Total Income | ₹991 cr |
| Cost of Materials | ₹636 cr |
| Purchases of Stock-in-Trade | ₹44 cr |
| Inventory Change (±) | ₹-76 cr |
| Employee Benefit Expense | ₹83 cr |
| Finance Costs | ₹3 cr |
| Depreciation & Amortisation | ₹20 cr |
| Other Expenses | ₹163 cr |
| Total Expenses | ₹873 cr |
| Profit before Tax | ₹118 cr |
| Tax Expense | ₹38 cr |
| Net Profit | ₹80 cr |
| Net margin on total income | 8.0% |
| Metric | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|
| Revenue | 908 cr | 883 cr | 965 cr |
| Total income | 922 cr | 950 cr | 991 cr |
| Expenses | 793 cr | 781 cr | 873 cr |
| Profit before tax | 101 cr | 170 cr | 118 cr |
| Tax | 27 cr | 44 cr | 38 cr |
| Net profit (owners' share) | 74 cr | 126 cr | 80 cr |
| Net margin (owners' share, on revenue) | 8.2% | 14.2% | 8.3% |
| EPS (₹) | 16.32 | 27.60 | 17.51 |
| Company | Price | Market cap | P/E | ROE | Net margin | 1-yr return |
|---|---|---|---|---|---|---|
| Asian Paints Limited | ₹2,438 | ₹2.34 L cr | 54.7 | 19.6% | 10.7% | — |
| Berger Paints (I) Limited | ₹480 | ₹55,933 cr | 34.6 | 23.4% | 11.3% | — |
| Kansai Nerolac Paints Limited | ₹187 | ₹15,132 cr | 16.4 | 13.8% | 9.8% | — |
| JSW Dulux Limitedthis company | ₹2,995 | ₹13,638 cr | 42.8 | 13.0% | 8.3% | — |
| Indigo Paints Limited | ₹866 | ₹4,132 cr | 77.3 | 4.5% | 3.7% | — |
| Sirca Paints India Limited | ₹409 | ₹2,322 cr | 35.9 | 13.6% | 12.5% | — |
| Shalimar Paints Limited | ₹80 | ₹673 cr | — | -65.2% | -28.1% | — |
| Kamdhenu Ventures Limited | ₹4 | ₹125 cr | — | -3.6% | -2.6% | — |
| Action | Detail | Ex-date |
|---|---|---|
| Stock split | Face Value Split (Sub-Division) - From Rs 10/- Per Share To Re 1/- Per Share | 22 Oct 2026 |
| Dividend | ₹50 / share | 3 Jul 2026 |
| Dividend | ₹156 / share | 11 Aug 2025 |
| Dividend | ₹30 / share | 25 Jul 2025 |
| Dividend | ₹70 / share | 19 Nov 2024 |
| Dividend | ₹25 / share | 25 Jul 2024 |
A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.
Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.
Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.
Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.