ALFA Finder| Revenue growth | 18.8% L2L growth YoY. |
|---|---|
| Margins | GM% diluted; narrower impact via opex management. |
| Order book | B2B segment shows strong order wins. |
| Demand visibility | Strong wins in Infrastructure, Power, and Coil sectors. |
| Management confidence | High; focusing on scale and execution. |
Growth
L2L Revenue rose 18.8% to ₹965 Cr; Standalone PAT surged 101.6% to ₹135.5 Cr, aided by dividend income.
Outlook
Targeting top 3 paint company status by FY30. Synergies through Project Akshaya realized ₹2.4 Cr in Q1.
Risks
Margins impacted by elevated raw material prices, staggered price increases, and higher promotional spends.
Last quarter's promises, checked
Delivered
- Guided double-digit volume growth → delivered 25% (= BEAT)
- Targeted market share gains → delivered 18.8% L2L revenue growth (= BEAT)
- Guided price increases to offset RMC → delivered 9.7% price hikes (= BEAT)
Partly delivered
- Targeted top 3 player status → in-progress via Project Akshaya (= PARTIAL)
Missed
- Guided EBITDA protection at 14.4% → delivered margin dilution (= MISS)
Investor Presentation 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.