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NSE Close — 28 Sep 2026
₹3,169.8
Change
-29.8 (-0.93%)
Open
₹3,229.9
Prev. Close
₹3,199.6
Day High
₹3,230.0
Day Low
₹3,149.7
Volume Analysis
Traded
22,945
Delivered
14,401
Delivery %
27.56%
End-of-day NSE price via the official Bhavcopy — updated once daily after market close, not a live tick.
Strengths, Weaknesses, Opportunities & Threats
Strengths (0)
No signal for this stock
Weaknesses (1)
- •Promoter holding is falling
Opportunities (2)
- •Strong 3-year EPS growth (80.6%)
- •FII holding has been rising
Threats (0)
No signal for this stock
Rule-based signals from the fundamentals below — not investment advice.
Pivot Levels
| Type | R3 | R2 | R1 | Pivot | S1 | S2 | S3 |
|---|---|---|---|---|---|---|---|
| Classic | ₹3,296.94 | ₹3,263.47 | ₹3,216.64 | ₹3,183.17 | ₹3,136.34 | ₹3,102.87 | ₹3,056.04 |
| Fibonacci | ₹3,263.47 | ₹3,232.8 | ₹3,213.84 | ₹3,183.17 | ₹3,152.5 | ₹3,133.54 | ₹3,102.87 |
| Camarilla | ₹3,191.88 | ₹3,184.52 | ₹3,177.16 | ₹3,183.17 | ₹3,162.44 | ₹3,155.08 | ₹3,147.72 |
Support/resistance levels for today, calculated from the previous trading day's high/low/close.
Absolute Returns
YTD
—
1 Week
+0.33%
1 Month
+1.9%
3 Months
-1.81%
6 Months
—
1 Year
—
2Y/3Y/5Y not shown yet — price history tracking only goes back to mid-2025 so far.
Stock Vitals
Computed from the latest available annual financials.
Graham Number
₹2,290.53
Current price is above the Graham Number — Benjamin Graham's estimate of fair value based on earnings and book value.
DuPont ROE Breakdown
80.75%
Net margin 54.84% × asset turnover 0.95x × equity multiplier 1.55x
Company Overview
Sector
Consumer Durables
Market Cap
₹14,613 Cr
P/E (TTM)
38.1
ROE
19.1%
Book Value
₹538.0
Face Value
₹10.0
Source: Screener.in (Consolidated figures) — data as of 25 Sep 2026. Not investment advice.
TopFund Analysis
JSW Dulux Limited holds up reasonably well on TopFund's composite fundamentals check within the Consumer Durables sector, at 65/100. The strongest factor is Financial Strength (100/100), while Cash Flow (20/100) is the weakest area to weigh before deciding. Notably: Promoter holding is falling. Strong 3-year EPS growth (80.6%).
TopFund Score — Fundamentals Quality
65/100 — GoodData confidence: 79/100 (Moderate Confidence) — based on how complete and how fresh the underlying data is.
As of 28 Sep 2026 · How we calculate this →
Financial Strength
Growth
Valuation
Cash Flow
Corporate Governance
Momentum
Institutional Ownership
Business Quality
Risk & Volatility
Liquidity
From Screener.in
- +Company is almost debt free.
- +Company has a good return on equity (ROE) track record: 3 Years ROE 26.8%
- +Company has been maintaining a healthy dividend payout of 77.8%
- −The company has delivered a poor sales growth of 8.25% over past five years.
- −Earnings include an other income of Rs.1,961 Cr.
- −Promoter holding has decreased over last 3 years: -13.6%
Not investment advice — an automated read of public fundamentals data, for research context only.
Corporate Actions
Trading window closed from 1 Oct 2026 until 48 hours after Q2 FY2027 results.
West Bengal GST Department issued a show cause notice for Rs.56.72 lakh ITC disallowance Apr 2022-Mar 2023.
Karnataka GST appeal order nullifies ₹14.76 crore demand for FY2019-20.
Source: BSE regulatory filings, via Screener.in.
Quarterly Results
Last several quarters
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 999 | 956 | 1,033 | 973 | 1,036 | 982 | 1,050 | 1,014 | 995 | 835 | 894 | 883 | 965 |
| Expenses + | 837 | 814 | 866 | 812 | 867 | 836 | 884 | 855 | 861 | 724 | 758 | 756 | 850 |
| Operating Profit | 162 | 142 | 166 | 162 | 169 | 146 | 167 | 159 | 134 | 111 | 136 | 127 | 115 |
| OPM % | 16.0% | 15.0% | 16.0% | 17.0% | 16.0% | 15.0% | 16.0% | 16.0% | 14.0% | 13.0% | 15.0% | 14.0% | 12.0% |
| Other Income + | 8 | 9 | 8 | 10 | 10 | 9 | 6 | 3 | 9 | 1,882 | -14 | 67 | 26 |
| Interest | 3 | 3 | 3 | 3 | 2 | 2 | 3 | 2 | 3 | 2 | 3 | 4 | 3 |
| Depreciation | 19 | 21 | 20 | 22 | 22 | 22 | 23 | 22 | 18 | 18 | 19 | 20 | 20 |
| Profit before tax | 148 | 127 | 152 | 147 | 154 | 132 | 146 | 138 | 122 | 1,972 | 101 | 170 | 118 |
| Tax % | 26.0% | 26.0% | 25.0% | 26.0% | 26.0% | 26.0% | 26.0% | 21.0% | 26.0% | 15.0% | 27.0% | 26.0% | 32.0% |
| Net Profit + | 110 | 94 | 114 | 109 | 115 | 98 | 109 | 108 | 91 | 1,683 | 74 | 126 | 80 |
| EPS in Rs | 24 | 21 | 25 | 24 | 25 | 22 | 24 | 24 | 20 | 370 | 16 | 28 | 18 |
| Raw PDF | — | — | — | — | — | — | — | — | — | — | — | — | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Profit & Loss (Yearly)
| Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 856 | 2,640 | 2,572 | 2,719 | 2,918 | 2,662 | 2,421 | 3,149 | 3,802 | 3,962 | 4,069 | 3,599 | 3,578 |
| Expenses + | 1,024 | 2,380 | 2,244 | 2,420 | 2,576 | 2,291 | 2,078 | 2,714 | 3,276 | 3,328 | 3,427 | 3,090 | 3,088 |
| Operating Profit | -168 | 260 | 329 | 299 | 342 | 370 | 343 | 434 | 526 | 633 | 642 | 509 | 489 |
| OPM % | -20.0% | 10.0% | 13.0% | 11.0% | 12.0% | 14.0% | 14.0% | 14.0% | 14.0% | 16.0% | 16.0% | 14.0% | 14.0% |
| Other Income + | 571 | 110 | 65 | 240 | 43 | 41 | 21 | 23 | 26 | 35 | 27 | 1,944 | 1,961 |
| Interest | 3 | 2 | 3 | 4 | 4 | 9 | 10 | 14 | 14 | 12 | 10 | 12 | 12 |
| Depreciation | 21 | 54 | 54 | 58 | 65 | 79 | 76 | 76 | 82 | 82 | 89 | 75 | 77 |
| Profit before tax | 379 | 314 | 337 | 478 | 316 | 323 | 278 | 367 | 456 | 573 | 570 | 2,366 | 2,361 |
| Tax % | 22.0% | 32.0% | 27.0% | 16.0% | 33.0% | 27.0% | 25.0% | 21.0% | 26.0% | 26.0% | 25.0% | 17.0% | — |
| Net Profit + | 295 | 214 | 247 | 400 | 211 | 237 | 208 | 290 | 335 | 427 | 430 | 1,974 | 1,962 |
| EPS in Rs | 77 | 46 | 53 | 86 | 46 | 52 | 46 | 64 | 74 | 94 | 94 | 433 | 431 |
| Dividend Payout % | 21.0% | 153.0% | 42.0% | 26.0% | 52.0% | 27.0% | 110.0% | 118.0% | 88.0% | 80.0% | 106.0% | 47.0% | — |
Source: Screener.in — figures in ₹ Crores unless marked %.
Balance Sheet
| Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Reserves | 933 | 1,116 | 963 | 1,244 | 1,091 | 1,192 | 1,243 | 1,214 | 1,271 | 1,284 | 1,285 | 2,406 |
| Borrowings + | 0 | 3 | 3 | 3 | 3 | 64 | 64 | 70 | 70 | 60 | 62 | 79 |
| Other Liabilities + | 361 | 878 | 872 | 939 | 959 | 1,024 | 1,178 | 1,262 | 1,354 | 1,514 | 1,511 | 1,265 |
| Total Liabilities | 1,332 | 2,044 | 1,884 | 2,233 | 2,098 | 2,326 | 2,530 | 2,592 | 2,740 | 2,904 | 2,903 | 3,795 |
| Fixed Assets + | 133 | 523 | 519 | 539 | 530 | 574 | 543 | 520 | 511 | 526 | 481 | 1,613 |
| CWIP | 2 | 9 | 23 | 27 | 17 | 16 | 16 | 42 | 73 | 119 | 67 | 49 |
| Investments | 915 | 600 | 336 | 573 | 377 | 84 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets + | 283 | 912 | 1,007 | 1,094 | 1,174 | 1,652 | 1,970 | 2,030 | 2,157 | 2,259 | 2,355 | 2,133 |
| Total Assets | 1,332 | 2,044 | 1,884 | 2,233 | 2,098 | 2,326 | 2,530 | 2,592 | 2,740 | 2,904 | 2,903 | 3,795 |
| Equity Capital | 38 | 47 | 47 | 47 | 46 | 46 | 46 | 46 | 46 | 46 | 46 | 46 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Cash Flow
| Mar 2009 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity + | 2 | 263 | 143 | 183 | 139 | 374 | 283 | 121 | 486 | 486 | 312 | 93 |
| Cash from Investing Activity + | 283 | -156 | 225 | -6 | 185 | 4 | -225 | 230 | -15 | -87 | 122 | 804 |
| Cash from Financing Activity + | -54 | -113 | -392 | -126 | -360 | -157 | -174 | -346 | -302 | -439 | -460 | -875 |
| Net Cash Flow | 231 | -6 | -24 | 51 | -36 | 221 | -115 | 6 | 170 | -41 | -26 | 22 |
| CFO/OP | -52 | 145 | 78 | 120 | 77 | 131 | 106 | 54 | 119 | 104 | 74 | 33 |
| Free Cash Flow | 208 | 234 | 68 | 80 | 97 | 326 | 255 | 58 | 382 | 367 | 206 | -1,034 |
Source: Screener.in — figures in ₹ Crores unless marked %.
Shareholding Pattern
Quarter-by-quarter — Promoters, FII, DII & public holding trend
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Public | 13.49% | 13.49% | 13.47% | 13.33% | 13.39% | 13.35% | 13.08% | 12.98% | 8.5% | 9.56% | 8.58% | 8.33% |
| Promoters | 74.76% | 74.76% | 74.76% | 74.76% | 74.76% | 74.76% | 74.76% | 74.76% | 69.76% | 61.2% | 61.2% | 61.2% |
| FII | 3.14% | 3.2% | 3.42% | 3.63% | 3.75% | 3.84% | 3.68% | 3.7% | 7.97% | 8.66% | 8.43% | 8.49% |
| DII | 8.61% | 8.56% | 8.36% | 8.28% | 8.11% | 8.05% | 8.49% | 8.56% | 13.77% | 20.58% | 21.79% | 21.96% |
Source: Screener.in — quarterly shareholding disclosures.
Peers Comparison
Consumer Durables — ranked by market cap
| Company | Market Cap (Cr) | P/E | P/B | ROE |
|---|---|---|---|---|
| JSW Dulux Limited (this stock) | 14,613 | 38.1 | 5.97 | 19.1% |
| Kansai Nerolac Paints Ltd | 14,619 | 22.7 | 2.18 | 8.82% |
| Shaily Eng Plastics Ltd | 14,453 | 81.8 | 20.14 | 26.9% |
| Pg Electroplast Ltd | 14,868 | 72.2 | 4.84 | 6.7% |
| Century Plyboards (i) Ltd | 15,081 | 50.8 | 5.8 | 10.8% |
| Crompt Grea Con Elec Ltd | 14,082 | 31.1 | 4.75 | 10.6% |
| Pc Jeweller Ltd | 13,839 | 17.8 | 1.49 | 9.96% |
Which Mutual Funds Hold JSW Dulux Limited?
Frequently Asked Questions about JSW Dulux Limited
JSW Dulux Limited (JSWDULUX) closed at ₹3,169.8 on NSE on 28 September 2026, down 29.8 (0.93%) from the previous close.
JSW Dulux Limited trades on the NSE (National Stock Exchange of India) under the symbol JSWDULUX.
JSW Dulux Limited has a trailing twelve-month P/E (price-to-earnings) ratio of 38.1.
JSW Dulux Limited has a dividend yield of 1.55%.
JSW Dulux Limited's 52-week high is ₹3,747.0 and its 52-week low is ₹2,649.0.
JSW Dulux Limited has a market capitalisation of ₹14,613 crore.
JSW Dulux Limited has a TopFund Quality Score of 65/100 (Good), a composite of profitability, balance-sheet health, growth and valuation. This is an analytical score based on public data, not personalized investment advice — see the full breakdown below before deciding.
Community Sentiment
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