₹2,929.2
▼ -14.72 -0.50%
As of 28 Jul 2026 · delayed
NSE Listed · Paints/Varnish
JSW Dulux Limited (JSWDULUX)
Volume: 4,714Avg Vol 1W: 14,269Avg Vol 1M: 26,94752W Range:₹2,658.7₹3,868
Key Ratios
Checked 3h agoMarket Cap₹13,340 Cr
Current Price₹2,929.2
Previous Close₹2,943.92
High / Low (52w)₹3,868 / ₹2,658.7
Volume4,714
Avg Vol (1W)14,269
Avg Vol (1M)26,947
Stock P/E36.94
Book Value₹538.81
Dividend Yield7.03%
ROE17.68%
ROA52.01%
Revenue (TTM)—
Revenue Growth—
Profit Margin54.71%
Total Debt—
Shares Outstanding5 Cr
Face Value₹10
EPS (TTM)₹27.6
P/B5.44
Debt / Equity0.04
50 DMA₹3,081.95
200 DMA₹3,100.43
Day change-0.50%
Price Chart
₹2,929.2▼ 22.60% · 1Y
2025-07-292026-07-28
20-day avg volume: 25K shares
Pros
- Healthy return on equity of 17.7%.
- Pays a dividend yield of 7.0%.
- Company is almost debt-free.
- Revenue grew 319% YoY.
- Net profit is growing year over year.
Quarterly Results
| Metric | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,036 Cr | ₹982 Cr | ₹1,051 Cr | ₹1,014 Cr | ₹995 Cr | ₹835 Cr | ₹894 Cr | ₹883 Cr |
| EBITDA | ₹157 Cr | ₹133 Cr | ₹150 Cr | ₹140 Cr | ₹125 Cr | ₹100 Cr | ₹132 Cr | ₹174 Cr |
| Net Profit | ₹115 Cr | ₹98 Cr | ₹109 Cr | ₹108 Cr | ₹91 Cr | ₹1,683 Cr | ₹74 Cr | ₹126 Cr |
| EPS | — | — | — | — | — | — | — | — |
Profit & Loss (Annual)
| Metric | Dec 2024 | Mar 2025 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹1,051 Cr | ₹4,097 Cr | ₹1,014 Cr | ₹995 Cr | ₹835 Cr | ₹894 Cr | ₹3,698 Cr | ₹883 Cr |
| EBITDA | ₹150 Cr | ₹580 Cr | ₹140 Cr | ₹125 Cr | ₹100 Cr | ₹132 Cr | ₹532 Cr | ₹109 Cr |
| Net Profit | ₹109 Cr | ₹430 Cr | ₹108 Cr | ₹91 Cr | ₹1,683 Cr | ₹74 Cr | ₹1,974 Cr | ₹70 Cr |
| EPS | — | 94.31 | — | — | — | — | 433.42 | — |
Balance Sheet
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Total Assets | ₹2,098 Cr | ₹2,326 Cr | ₹2,530 Cr | ₹2,592 Cr | ₹2,741 Cr | ₹2,904 Cr | ₹2,903 Cr | ₹3,795 Cr |
| Total Liabilities | ₹962 Cr | ₹1,088 Cr | ₹1,242 Cr | ₹1,332 Cr | ₹1,424 Cr | ₹1,574 Cr | ₹1,573 Cr | ₹1,344 Cr |
| Equity | ₹1,136 Cr | ₹1,238 Cr | ₹1,288 Cr | ₹1,260 Cr | ₹1,316 Cr | ₹1,330 Cr | ₹1,330 Cr | ₹2,452 Cr |
| Total Debt | — | — | — | — | — | — | — | — |
Cash Flow
| Metric | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | ₹263 Cr | ₹485 Cr | ₹365 Cr | ₹235 Cr | ₹629 Cr | ₹656 Cr | ₹478 Cr | ₹168 Cr |
| Investing | ₹185 Cr | ₹4 Cr | ₹-225 Cr | ₹230 Cr | ₹-15 Cr | ₹-86 Cr | ₹122 Cr | ₹804 Cr |
| Financing | ₹-360 Cr | ₹-157 Cr | ₹-174 Cr | ₹-346 Cr | ₹-302 Cr | ₹-439 Cr | ₹-459 Cr | ₹-875 Cr |
| Free Cash Flow | ₹263 Cr | ₹485 Cr | ₹365 Cr | ₹235 Cr | ₹629 Cr | ₹656 Cr | ₹478 Cr | ₹168 Cr |
Shareholding
Promoter 61.2% Institutions 30.46% Public 8.34%
Efficiency & Working Capital
ROCE39.1%
Interest Coverage36.9
Dividend Payout—
Debtor Days61 d
Inventory Days58 d
Payable Days77 d
Cash Conversion Cycle42 d
Working Capital Days119 d
Shareholding Details
As of 2026-06-30
Promoter61.2%
FII8.5%
DII22%
Institutions30.5%
Public8.3%
Promoter Pledge0%
No. of Shareholders48,114
Shareholding Pattern
Quarterly — figures in %. Latest 12 quarters.
| Period | Sept 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sept 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sept 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 74.8% | 74.8% | 74.8% | 74.8% | 74.8% | 74.8% | 74.8% | 74.8% | 69.8% | 61.2% | 61.2% | 61.2% |
| FIIs | 3.1% | 3.2% | 3.4% | 3.6% | 3.7% | 3.8% | 3.7% | 3.7% | 8% | 8.7% | 8.4% | 8.5% |
| DIIs | 8.6% | 8.4% | 8.4% | 8.3% | 8.1% | 8.1% | 8.5% | 8.6% | 13.8% | 20.6% | 21.8% | 22% |
| Public | 13.5% | 13.6% | 13.5% | 13.3% | 13.4% | 13.3% | 13.1% | 13% | 8.5% | 9.6% | 8.6% | 8.3% |
| Promoter Pledge | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| No. of Shareholders | 46,657 | 47,322 | 46,712 | 46,662 | 45,906 | 48,266 | 48,140 | 48,922 | 48,226 | 50,314 | 48,493 | 48,114 |
Returns History (ROE / ROCE / ROA)
| Period | ROE | ROCE | ROA | P/E |
|---|---|---|---|---|
| 202603 | — | — | — | — |
Major Shareholders (>1%)
| Name | Category | Stake | Shares |
|---|---|---|---|
| Jsw Paints Limited | Shareholding of Promoter and Promoter Group | 61.2% | 2.79 Cr |
| Hdfc Mutual Fund - Hdfc Childrens Fund | Public Shareholding | 7.2% | 32,62,786 |
| Icici Prudential Value Fund | Public Shareholding | 3.6% | 16,37,701 |
| Aditya Birla Sun Life Trustee Private Limited A/c - Aditya Birla Sun Life Large Cap Fund | Public Shareholding | 2.2% | 9,95,042 |
| Nippon Life India Trustee Ltd-a/c Nippon India Multi Cap Fund | Public Shareholding | 2.1% | 9,44,881 |
| Goldman Sachs Funds - Goldman Sachs India Equity Portfolio | Public Shareholding | 1.9% | 8,61,855 |
| The New India Assurance Company Limited | Public Shareholding | 1.7% | 7,84,052 |
| Tata Mutual Fund - Tata Small Cap Fund | Public Shareholding | 1.3% | 5,88,428 |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | Public Shareholding | 1% | 4,61,689 |
| Imperial Chemical Industries Ltd | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Akzo Nobel Coatings International B.v | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Akzo Nobel Chemicals International B.v. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Panter B.v. | Shareholding of Promoter and Promoter Group | 0% | 0 |
| Akzo Nobel ( C ) Holdings B.v. | Shareholding of Promoter and Promoter Group | 0% | 0 |
Board of Directors
| Name | Designation | Year |
|---|---|---|
| PARTH SAJJAN JINDAL | Chairman(Non Exe)&Dir(Non-Ind) | 2026 |
| Rajiv Rajgopal | Joint Managing Director & CEO | 2026 |
| R Krishna | Executive Director / Whole Time Director / CFO | 2026 |
| Rohit Ghanshyamdas Totla | E D & Wholetime Director | 2026 |
| Hemant Sahai | Independent Director | 2026 |
| Namrata Kaul | Independent Director | 2026 |
| Anil Chaudhry | Independent Director | 2026 |
| S Khosla | Independent Director | 2026 |
| Sutapa Banerjee | Independent Director | 2026 |
| Kaustubh Kulkarni | Non-Exec & Non-Independent Dir | 2026 |
| Rajiv Lochan Jha | Company Sec. & Compli. Officer | 2026 |
Segments — Product
| Segment | Revenue | Share |
|---|---|---|
| Coatings | ₹2,880 Cr | 100% |
Segments — Geography
| Region | Revenue | Share |
|---|---|---|
| Domestic | ₹3,461 Cr | 96.2% |
| Overseas | ₹138 Cr | 3.8% |
Capital Structure (₹ Cr)
| Year | Face Value | Authorised | Issued | Paid-up |
|---|---|---|---|---|
| 2026 | ₹10 | 127 | 46 | 46 |
Corporate Actions
| Type | Date | Value | Remark |
|---|---|---|---|
| dividend | 2026-07-03 | ₹50.0 (500.0%) | Final |
| dividend | 2026-07-03 | ₹50 (500%) | Final |
| dividend | 2025-08-11 | ₹156 (1560%) | Special |
| dividend | 2025-07-25 | ₹30 (300%) | Final |
Related-Party Transactions (₹ Cr)
| Year | Subsidiaries | Associates | JV | KMP | Others | Total |
|---|---|---|---|---|---|---|
| 2026 | 2,581 | 0 | 0 | 18 | 21 | 4,501 |
| 2026 | 0 | 0 | 0 | 0 | 0 | 1,152 |
| 2026 | 0 | 0 | 0 | 0 | 0 | 59 |
Insider / Designated-Person Trades
4 recent disclosure(s)
Imperial Chemical Industries LimitedDisposal · 40,97,025
Imperial Chemical Industries LimitedDisposal · 1,66,03,504
Akzo Nobel Coatings International B.V.Disposal · 1,10,66,791
Imperial Chemical Industries LimitedDisposal · 22,77,015
Substantial Acquisitions (SAST)
7 disclosure(s)
Market17/12/2025 · 40,97,025
Market17/12/2025 · 4,07,248
Off Market10/12/2025 · 2,76,70,295
Off Market10/12/2025 · 2,76,20,295
Off Market10/12/2025 · 1,66,03,504
Off Market10/12/2025 · 1,10,66,791
Company Information
Incorporated1954
ChairmanPARTH SAJJAN JINDAL
AuditorPrice Waterhouse Chartered Accountants LLP
Investor Email[email protected], [email protected]
📍 801A South City Business Park, 770 Anandapur Easter.Metropoli, Kolkata, West Bengal, 700701
Technical AnalysisPremium
Technical analysis (Premium)
Log in to see RSI, MACD, moving averages, oscillators and pivot levels for this stock.
More stocks
Prices are delayed/indicative; pros & cons are AI generated. Informational only — not investment advice. ← Back to search