JSW Dulux Limited

BSE:500710 Stock Report

Market Cap: ₹131.8b

JSW Dulux Future Growth

Future criteria checks 0/6

JSW Dulux's earnings are forecast to decline at 76.5% per annum while its annual revenue is expected to grow at 9.8% per year. EPS is expected to decline by 76.5% per annum. Return on equity is forecast to be 18.7% in 3 years.

Key information

-76.5%

Earnings growth rate

-76.51%

EPS growth rate

Chemicals earnings growth19.5%
Revenue growth rate9.8%
Future return on equity18.70%
Analyst coverage

Low

Last updated14 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 17

500710: Upcoming Governance Decisions And ESOP Scheme Will Drive Future Upside

Analysts have adjusted the JSW Dulux price target from ₹3,500 to ₹3,350 after incorporating updated assumptions for the discount rate, revenue growth, profit margin and a lower future P/E, bringing the valuation closer to their latest fundamental view. What's in the News Board meeting scheduled for May 13, 2026, to review audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026.
Narrative Update • Jan 23

500710: JSW Control Acquisition Will Drive Future Upside Despite Margin Pressures

Narrative Update on Akzo Nobel India Analysts have adjusted their fair value estimate for Akzo Nobel India from ₹3,675 to ₹3,500, reflecting updated assumptions around higher modelled revenue growth, much lower profit margin input and a very large future P/E multiple, along with a slightly higher discount rate. What's in the News JSW Paints Limited completed the acquisition of a 69.76% stake in Akzo Nobel India from Imperial Chemical Industries Limited and Akzo Nobel Coatings International B.V. for ₹87.7b at ₹2,762.05 per share, with Competition Commission of India approval obtained on September 16, 2025 (Key Developments).
Narrative Update • Jan 08

500710: JSW Control Acquisition Will Support Future Upside With Maintained Conviction

Narrative Update on Akzo Nobel India The analyst fair value estimate for Akzo Nobel India is maintained at ₹3,675, with minor tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions. These reflect updated analyst models rather than a change in overall conviction.
Narrative Update • Dec 24

500710: JSW Control Change Will Support Future Upside Amid Stable Outlook

Analysts have marginally revised their price target on Akzo Nobel India to ₹3,675, essentially unchanged from the prior ₹3,675, as stable assumptions around discount rate, revenue growth, profit margin and future P E multiples continue to underpin their valuation outlook. What's in the News JSW Paints Limited has completed the acquisition of a 69.76% controlling stake in Akzo Nobel India from Imperial Chemical Industries Limited and Akzo Nobel Coatings International B.V. for INR 87.7 billion, following receipt of Competition Commission of India approval and completion of the open offer process (company filings, transaction announcement).
Narrative Update • Dec 10

500710: JSW Acquisition Will Drive Future Performance While Outlook Remains Balanced

Analysts have marginally maintained their fair value estimate for Akzo Nobel India at ₹3,675, reflecting unchanged long term fundamentals. Slight tweaks to the discount rate, revenue growth, profit margin and future P/E assumptions did not justify a meaningful revision in the target price.
Narrative Update • Nov 25

500710: Acquisition Will Shape Near-Term Performance Amid Lower Profit Margins Ahead

Narrative Update on Akzo Nobel India Analysts have marginally raised Akzo Nobel India's price target from ₹3,653.50 to ₹3,675.00. This reflects adjustments in forecasted growth and profitability metrics.
Narrative Update • Nov 10

500710: Higher Margins Will Drive Future Earnings Amid Lower Revenue Outlook

Narrative Update: Akzo Nobel India Analyst Price Target Analysts have maintained their fair value estimate for Akzo Nobel India at ₹3,653.50. They note that higher projected profit margins and a significant reduction in expected revenue growth are the key drivers influencing their outlook.
Narrative Update • Oct 26

Dividend Payouts And Town Expansion Will Drive Urban Demand In Coming Year

Analysts have maintained their price target for Akzo Nobel India at ₹3,653.50. They cite minimal changes in projected growth rates and profitability as the basis for this steady outlook.
Narrative Update • Oct 12

8,000 Town Expansion And Digital Transformation Will Capture Urban Demand

Analysts have revised their fair value estimate for Akzo Nobel India downward from ₹3,853.50 to ₹3,653.50. They cite updated forecasts for profit margins and growth metrics as key factors in the reassessment.
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New Narrative • Feb 17

Government Initiatives And New Product Launches Will Drive Increased Demand In Paint Markets

Government initiatives and B2B expansion in high-margin industrial sectors are expected to drive significant revenue growth and profitability.

Earnings and Revenue Growth Forecasts

BSE:500710 - Analysts future estimates and past financials data (INR Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/202844,7304,9024,7945,7941
3/31/202740,3414,4004,1795,1791
3/31/202636,80019,738-13,933-1,943N/A
12/31/202537,60119,565N/AN/AN/A
9/30/202539,02919,908-13,722-1,308N/A
6/30/202540,5034,059N/AN/AN/A
3/31/202540,9154,2952,0453,110N/A
12/31/202440,4254,298N/AN/AN/A
9/30/202440,2474,3503,3774,560N/A
6/30/202439,9874,313N/AN/AN/A
3/31/202439,6194,2663,6704,855N/A
12/31/202339,3964,133N/AN/AN/A
9/30/202338,9373,9695,2126,266N/A
6/30/202338,6363,681N/AN/AN/A
3/31/202338,0213,3513,8194,862N/A
12/31/202237,1783,143N/AN/AN/A
9/30/202236,4533,0082,8233,629N/A
6/30/202234,5992,911N/AN/AN/A
3/31/202231,4862,9015801,214N/A
12/31/202130,6292,897N/AN/AN/A
9/30/202129,2322,9322,2472,663N/A
6/30/202127,8933,038N/AN/AN/A
3/31/202124,2142,0762,5512,832N/A
12/31/202022,2131,874N/AN/AN/A
9/30/202021,7371,7701,0471,362N/A
6/30/202022,0061,600N/AN/AN/A
3/31/202026,6182,3743,2633,741N/A
12/31/201927,8622,537N/AN/AN/A
9/30/201928,4242,371N/A2,251N/A
6/30/201929,2242,246N/AN/AN/A
3/31/201929,1842,110N/A1,392N/A
3/31/201827,1932,052N/A1,826N/A
3/31/201725,7252,341N/A1,433N/A
12/31/201628,4592,238N/AN/AN/A
9/30/201628,3062,261N/AN/AN/A
6/30/201627,8362,196N/AN/AN/A
3/31/201626,4012,142N/A2,632N/A
12/31/201526,3281,942N/AN/AN/A
9/30/201525,7171,817N/AN/AN/A
6/30/201525,2191,764N/AN/AN/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500710's earnings are forecast to decline over the next 3 years (-76.5% per year).

Earnings vs Market: 500710's earnings are forecast to decline over the next 3 years (-76.5% per year).

High Growth Earnings: 500710's earnings are forecast to decline over the next 3 years.

Revenue vs Market: 500710's revenue (9.8% per year) is forecast to grow slower than the Indian market (10.8% per year).

High Growth Revenue: 500710's revenue (9.8% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: 500710's Return on Equity is forecast to be low in 3 years time (18.7%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 00:25
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

JSW Dulux Limited is covered by 6 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Roshan Nair360 ONE Capital Market Private Limited
Vijayaraghavan SwaminathanAvendus Spark
Kameswari V. S. ChavaliFirstCall Research