JSW Dulux Ltd (JSWDULUX) — shareholding pattern, promoter holding, financials and share price
About JSW Dulux Ltd (JSWDULUX)
JSW Dulux Ltd operates in the Paints industry, within the Consumer Durables sector. It trades on the NSE as JSWDULUX and on the BSE under scrip code 500710. Its ISIN is INE133A01011.
Incorporated in 1954, Akzo Noble India Ltd is in the business of manufacturing, trading, and selling paints and related products. It also provides research and development services to its Holding Company and other group companies [1]
Akzo Nobel India Limited, now primarily engaged in the coatings business, operates through its decorative and performance coatings divisions under the Dulux brand. With the acquisition by JSW Paints, the company is under new strategic leadership aiming to boost market share regionally.
The company launched its Dulux Weathershield Metallics and Floor Plus offerings, exploring new applications in flooring and enhancing exterior paint options, which signifies innovative product development.
Listed peers in Paints: Kansai Nerolac Paints Ltd, Indigo Paints Ltd, Sirca Paints India Ltd, Shalimar Paints Ltd, Kamdhenu Ventures Ltd, Retina Paints Ltd.
Valuation & Returns
10 Jul 2026At ₹2,926.15 a share on 10 Jul 2026, JSW Dulux Ltd (JSWDULUX) was valued at a price-to-earnings ratio of 6.75x against an industry P/E of 50.62x and a price-to-book of 5.44x on a book value of ₹538.34 per share as of Mar 2026. Solomo computes return on equity of 80.51% and return on capital employed of 93.95% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 6.75x
- Industry P/E
- 50.62x
- P/B
- 5.44x
- EPS (TTM)
- ₹433.42
- Book value / share
- ₹538.34
- ROE
- 80.51%
- ROCE
- 93.95%
- ROA
- 52.01%
- Debt / equity
- 0.03x
- Dividend yield
- 14.42%
- EBITDA margin
- 67.99%
- 52-week range
- ₹2,649.05 – ₹3,909.25
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, JSW Dulux Ltd (JSWDULUX) reported revenue of ₹3,599 crore, net profit of ₹1,974 crore and earnings per share of ₹433.42. That compares with revenue of ₹4,069 crore and net profit of ₹430 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹883 crore and net profit ₹126 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 3,149 | 3,802 | 3,962 | 4,069 | 3,599 |
| Net profit (₹ cr) | 290 | 335 | 427 | 430 | 1,974 |
| EPS (₹) | 63.7 | 73.58 | 93.68 | 94.31 | 433.42 |
| Measure | 10Y | 5Y | 3Y | 1Y |
|---|---|---|---|---|
| Sales growth | 2.55% | 8.25% | -1.81% | -11.55% |
| Profit growth | 26.32% | 55.99% | 78.87% | 359.56% |
| Stock price CAGR | 7% | 6% | 4% | -12% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 61.2% of JSW Dulux Ltd (JSWDULUX) (unchanged from the previous quarter), foreign institutional investors (FII) hold 8.5% and domestic institutional investors (DII) hold 21.97%. Market capitalisation was ₹13,326 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2001.
Largest disclosed public shareholders in Jun 2026: Hdfc Mutual Fund - Hdfc Childrens Fund 7.16%, Icici Prudential Value Fund 3.6%, Aditya Birla Sun Life Trustee Private Limited A/C - Aditya Birla Sun Life Large Cap Fund 2.18%, Nippon Life India Trustee Ltd-A/C Nippon India Multi Cap Fund 2.07%, Goldman Sachs Funds - Goldman Sachs India Equity Portfolio 1.89%, The New India Assurance Company Limited 1.72%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 61.2% | - | 8.5% | 21.97% | 38.8% |
| Mar 2026 | 61.2% | - | 8.44% | 21.78% | 38.8% |
| Dec 2025 | 61.2% | - | 8.66% | 20.58% | 38.8% |
| Sep 2025 | 69.76% | - | 7.97% | 13.77% | 30.24% |
| Jun 2025 | 74.76% | - | 3.7% | 8.57% | 25.24% |
| Mar 2025 | 74.76% | - | 3.67% | 8.5% | 25.24% |
| Dec 2024 | 74.76% | - | 3.85% | 8.05% | 25.24% |
| Sep 2024 | 74.76% | - | 3.74% | 8.11% | 25.24% |