JSW Dulux Limited
NSE: AKZOINDIA · Paints
Snapshot
Unlock JSW Dulux Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Akzo Nobel India Limited is a prominent manufacturer and distributor of paints and coatings, offering a diverse portfolio including decorative, industrial, and specialty coatings. The company serves a wide range of sectors such as infrastructure, automotive, packaging, and energy under well-recognised brands like Dulux, Sikkens, and Interpon.
Business Model
The company generates revenue through the sale of high-performance coatings and decorative paints to both retail consumers and institutional clients. It leverages its global parent's technical expertise to provide specialised solutions for industrial applications and infrastructure projects.
Growth Outlook
Growth is primarily driven by increasing urbanisation and infrastructure development in India, which boosts demand for decorative and protective coatings. Continued expansion in the industrial and automotive sectors provides further opportunities for market penetration.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of crude oil derivatives and other chemical inputs can significantly impact operating margins.
- Intense Market Competition. The Indian paints and coatings sector is highly competitive, with both domestic and international players vying for market share.
- Economic Cyclicality. Demand for industrial and automotive coatings is closely tied to broader economic growth and industrial production cycles.
- Regulatory and Environmental Compliance. Stricter environmental regulations regarding chemical usage and emissions may necessitate increased capital expenditure for compliance.
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Key Metrics
REVENUE
₹3,760 Cr
TTM · consolidated
NET PROFIT
₹1,957 Cr
TTM · consolidated
EPS
₹429.61
TTM · consolidated
RETURN ON EQUITY
106.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
118.1%
TTM · consolidated
P/E
7.0x
Q3 FY26 · consolidated
EV/EBITDA
24.7x
Q3 FY26 · consolidated
EBITDA MARGIN
15.3%
TTM · consolidated
NET PROFIT MARGIN
8.2%
Q3 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Paints
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
JSW Dulux LimitedAKZOINDIA | ₹14,457 Cr | 6.95 | 24.71 | -7.0% | 15.3% | 106.3% | 118.1% | -7.1% |
Berger Paints India Ltd.BERGEPAINT | ₹56,586 Cr | 46.48 | 28.09 | 5.2% | 16.5% | 18.6% | 22.6% | -10.3% |
Kansai Nerolac Paints LimitedKANSAINER | ₹15,705 Cr | 26.17 | 13.58 | 5.2% | 13.9% | 9.0% | 12.3% | -20.2% |
Indigo Paints LimitedINDIGOPNTS | ₹5,653 Cr | 35.12 | 19.41 | 9.5% | 19.8% | 15.0% | 18.9% | +2.9% |
Sirca Paints India LimitedSIRCA | ₹2,495 Cr | 36.79 | 23.39 | 24.1% | 20.8% | 14.1% | 18.4% | -5.3% |
Shalimar PaintsSHALPAINTS | ₹715 Cr | -10.31 | -41.03 | -10.5% | -3.8% | -24.5% | -15.0% | +16.8% |
As of Q3 FY26
Financials
JSW Dulux Limited
NSE: AKZOINDIA · Paints
Snapshot
Unlock JSW Dulux Limited's vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Akzo Nobel India Limited is a prominent manufacturer and distributor of paints and coatings, offering a diverse portfolio including decorative, industrial, and specialty coatings. The company serves a wide range of sectors such as infrastructure, automotive, packaging, and energy under well-recognised brands like Dulux, Sikkens, and Interpon.
Business Model
The company generates revenue through the sale of high-performance coatings and decorative paints to both retail consumers and institutional clients. It leverages its global parent's technical expertise to provide specialised solutions for industrial applications and infrastructure projects.
Growth Outlook
Growth is primarily driven by increasing urbanisation and infrastructure development in India, which boosts demand for decorative and protective coatings. Continued expansion in the industrial and automotive sectors provides further opportunities for market penetration.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of crude oil derivatives and other chemical inputs can significantly impact operating margins.
- Intense Market Competition. The Indian paints and coatings sector is highly competitive, with both domestic and international players vying for market share.
- Economic Cyclicality. Demand for industrial and automotive coatings is closely tied to broader economic growth and industrial production cycles.
- Regulatory and Environmental Compliance. Stricter environmental regulations regarding chemical usage and emissions may necessitate increased capital expenditure for compliance.
Start your research today
Unlock AI insights, financials, peers and live data on JSW Dulux Limited and 5,000+ companies — free.
Key Metrics
REVENUE
₹3,760 Cr
TTM · consolidated
NET PROFIT
₹1,957 Cr
TTM · consolidated
EPS
₹429.61
TTM · consolidated
RETURN ON EQUITY
106.3%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
118.1%
TTM · consolidated
P/E
7.0x
Q3 FY26 · consolidated
EV/EBITDA
24.7x
Q3 FY26 · consolidated
EBITDA MARGIN
15.3%
TTM · consolidated
NET PROFIT MARGIN
8.2%
Q3 FY26 · consolidated
DEBT TO EQUITY
0.0x
Q4 FY26 · consolidated
Peers · Paints
As of Q3 FY26