ALFA Finder| Revenue growth | 6.2% revenue growth; 23% volume growth. |
|---|---|
| Margins | EBITDA at 14.4%; RMC inflation pressuring near-term margins. |
| Order book | Strong in oil/gas, marine, and marquee coil projects. |
| Demand visibility | Strong; demand returning to the paint industry. |
| Management confidence | High; confident in brand quality and JSW-led transformation. |
Growth
Revenue grew 6.2%; volumes surged 23% across decorative and industrial verticals. EBITDA margin stood at 14.4%.
Outlook
Targeting double-digit volume growth for FY27; implementing integrated SAP and cross-manufacturing across JSW plants by year-end.
Risks
Massive RMC inflation (24-25%) causing 13.5% cost impact; crude oil and forex volatility remain key headwinds.
Earnings Call filed with BSE, NSE: JSWDULUX. Summary written with AI assistance from the document.
JSW Dulux Ltd: key numbers
- Share price
- ₹293.10
- Market cap
- ₹13,423 Cr
- Revenue (annual)
- ₹3,599 Cr
- Net profit (annual)
- ₹1,974 Cr
- P/E (TTM)
- 38.2×Sector 44.3×
- Promoter holding
- 61.20%+0.00% QoQ
- FII holding
- 8.01%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from JSW Dulux Ltd
All →JSW Dulux Other Announcement
JSW Paints Limited, the promoter of JSW Dulux Limited, has entered into a debenture trust deed for a Rs. 2,950 Crore NCD issuance. The agreement imposes certain restrictive covenants and control-related obligations on the listed subsidiary.
- Value
- ₹2,950 Cr
JSW Dulux Other Announcement
JSW Dulux Limited filed an Audio/Video Recording intimation dated 4 November 2026 with a link to its investor page. The filing carries no transaction, financial figures, or disclosed content of the call.
JSW Dulux Management Change
JSW Dulux's board appointed Bahram Navroz Vakil as Independent Director for three years from 4 November 2026, subject to shareholder approval. Unaudited half-year results were approved.
- Execution
- 3 years (4 November 2026 to 3 November 2029)
JSW Dulux Investor Presentation: Key Takeaways
Q2 FY27 comparable revenue ₹961.9 Cr (+21.3%), EBITDA ₹110.9 Cr (11.5% margin), PAT ₹71.2 Cr (+2%). Volume growth strong; margins diluted by raw-material inflation.
JSW Dulux Q2 FY27 Results: Net Profit ₹71.4 Cr, Down 95.8% YoY
JSW Dulux Ltd reported revenue from operations of ₹961.9 Cr (+16.2% YoY) and net profit of ₹71.4 Cr (-95.8% YoY) for Q2 FY27.
- Key figure
- Net profit ₹71.4 Cr · -95.8% YoY
JSW Dulux Capital Structure Change
HDFC Mutual Fund schemes raised their JSW Dulux stake to 8.06% via open market buying. The stake rose 2.21% as of October 30, 2026.