JSW Dulux

₹282.80As of Sun 8 Nov 2026, 12:00 UTC

NSE:JSWDULUXMaterials

Country India

PE (Fwd) 5.923

TSR 10Y CAGR 8.07%

Div yield 1.77%

ROE —

Specialty Chemicals

Beta (5Y) 0.26

PE TTM 6.525

TSR TTM (11.40%)

Mkt cap ₹136.4B

ROIC —

SE Grade™

Value

Quality

Moat

—

1Y Price

Reference

₹307

8.69%

(68.44%)

Price above Reference Value

TTM

FYE 31 Mar INR

FY2017

FY2018

FY2019

FY2020

FY2021

FY2022

FY2023

FY2024

FY2025

FY2026

FY2027E

Trend

10Y

Peers

36.80

Revenue₹B

—

31.49

38.02

39.62

40.70

36.80

38.62

3.98%

(9.57)

Revenue growth%

—

20.76

4.20

2.72

(9.57)

4.94

3.46

—

41.98

Gross margin%

—

39.48

38.83

42.89

42.01

41.98

41.96

41.98

14.05

Operating margin%

—

11.49

11.71

13.92

13.59

14.05

14.06

13.59

53.63

Net margin%

—

9.21

8.81

10.77

10.55

53.63

53.62

10.55

6.525

P/E ratio (avg)x

—

33.79

28.87

27.15

37.67

7.504

6.219

28.87

24.90

EV/EBITx

—

27.10

21.72

21.00

29.25

28.64

23.72

27.10

—

FCF yield (avg)%

—

FCF margin%

—

FCF / Net incomex

—

ROIC%

—

Return on equity%

—

Return on assets%

—

43.34

EPS₹

—

6.37

7.36

9.37

9.43

43.34

45.47

61.51%

—

359.56

EPS growth%

—

15.51

27.31

0.68

359.56

4.92

21.41

—

Bookvalue per sh₹

—

FCF per share₹

—

5.00

Dividend per sh₹

—

7.50

6.50

7.50

10.00

5.00

4.68

(9.64%)

—

1.77

Div yield (avg)%

—

3.48

3.06

2.95

2.81

1.54

1.66

2.95

11.54

Payout ratio%

—

117.74

88.34

80.06

106.03

11.54

10.29

88.34

455.4

Shares (diluted)M

—

455.4

◌455.4

—

Buyback yield%

—

◌—

—

D/E ratiox

—

128.8

Enterprise value₹B

—

98.04

96.74

115.8

161.8

148.1

128.8

10.87%

—

LT debt₹M

—

Peers (US$1.321B)

Cap (US$)

Privi Speciality…

1.398B

35.22x

Supreme Petrochem…

1.382B

24.41x

BASF India Limited

1.360B

21.37x

Global New Material…

1.317B

—

Capital

TTM

10Y

Leveragex

—

EBIT/Intx

49.73

Own earn%

—

Sh yield%

1.77

2.88

Owners

Insiders/Inst%

—

26.32

Short interest%

—

SBC / revenue%

—

Record

10Y

Profitable years

5/5

Revenue growth years

3/4

EPS growth years

4/4

Dividend streakyrs

Op margin range%

11–14

$1 testx

—

Incr. ROIC%

—

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.

Growth vs revenue

Latest

Trend

4Y CAGR

Rel growth

Revenue

₹36.80B

3.98%

1.00×

Cost of revenue

₹21.35B

2.89%

0.96×

Operating expenses

₹10.28B

3.91%

1.00×

Revenue by region

No breakdown available

Reinvestment returns

n/m

Trend

Reinvestment rate

n/m

Return on capital

n/m

Spread over hurdle

n/m