JSW Dulux Past Earnings Performance
Past criteria checks 5/6
JSW Dulux has been growing earnings at an average annual rate of 44%, while the Chemicals industry saw earnings growing at 6.5% annually. Revenues have been growing at an average rate of 6.8% per year. JSW Dulux's return on equity is 80.5%, and it has net margins of 53.6%.
Key information
44.03%
Earnings growth rate
43.80%
EPS growth rate
| Chemicals Industry Growth | 17.68% |
| Revenue growth rate | 6.77% |
| Return on equity | 80.51% |
| Net Margin | 53.63% |
| Next Earnings Update | 14 Aug 2026 |
Recent past performance updates
Recent updates
500710: Board Decisions And ESOP Scheme Will Shape Future Balanced Outlook
Analysts have revised the JSW Dulux fair value estimate from ₹3,350 to ₹3,399, reflecting updated assumptions on the discount rate, revenue growth, profit margin, and future P/E. What’s in the News for JSW Dulux A board meeting is scheduled for May 13, 2026 at 15:30 IST to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to consider a final dividend for FY 2025-26.500710: Governance Decisions And ESOP Scheme Will Shape Balanced Outlook
Analysts have kept the JSW Dulux fair value estimate unchanged at ₹3,350. They point to only minor tweaks in assumptions around discount rate, revenue growth, profit margin and future P/E rather than a shift in their overall view of the stock.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, 2026.500710: 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).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.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).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.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.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.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.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.
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.Revenue & Expenses Breakdown
How JSW Dulux makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 26 | 36,803 | 19,738 | 4,125 | 0 |
| 31 Dec 25 | 37,601 | 19,565 | 4,413 | 0 |
| 30 Sep 25 | 39,029 | 19,908 | 4,515 | 0 |
| 30 Jun 25 | 40,503 | 4,059 | 4,654 | 0 |
| 31 Mar 25 | 40,696 | 4,295 | 4,344 | 0 |
| 31 Dec 24 | 40,425 | 4,298 | 4,549 | 0 |
| 30 Sep 24 | 40,247 | 4,350 | 4,595 | 0 |
| 30 Jun 24 | 39,987 | 4,313 | 4,555 | 0 |
| 31 Mar 24 | 39,619 | 4,266 | 4,501 | 0 |
| 31 Dec 23 | 39,396 | 4,133 | 4,155 | 0 |
| 30 Sep 23 | 38,937 | 3,969 | 4,098 | 0 |
| 30 Jun 23 | 38,636 | 3,681 | 4,025 | 0 |
| 31 Mar 23 | 38,021 | 3,351 | 3,953 | 0 |
| 31 Dec 22 | 37,178 | 3,143 | 3,587 | 0 |
| 30 Sep 22 | 36,453 | 3,008 | 3,462 | 0 |
| 30 Jun 22 | 34,599 | 2,911 | 3,371 | 0 |
| 31 Mar 22 | 31,486 | 2,901 | 3,212 | 0 |
| 31 Dec 21 | 30,629 | 2,897 | 3,119 | 0 |
| 30 Sep 21 | 29,232 | 2,932 | 3,149 | 0 |
| 30 Jun 21 | 27,893 | 3,038 | 3,080 | 0 |
| 31 Mar 21 | 24,214 | 2,076 | 3,080 | 0 |
| 31 Dec 20 | 22,213 | 1,874 | 3,362 | 0 |
| 30 Sep 20 | 21,737 | 1,770 | 3,324 | 0 |
| 30 Jun 20 | 22,006 | 1,600 | 3,377 | 0 |
| 31 Mar 20 | 26,618 | 2,374 | 3,467 | 0 |
| 31 Dec 19 | 27,862 | 2,537 | 3,690 | 0 |
| 30 Sep 19 | 28,424 | 2,371 | 3,688 | 0 |
| 30 Jun 19 | 29,224 | 2,246 | 3,715 | 0 |
| 31 Mar 19 | 29,184 | 2,110 | 3,776 | 0 |
| 31 Mar 18 | 27,193 | 2,052 | 4,103 | 0 |
| 31 Mar 17 | 25,725 | 2,341 | 3,906 | 0 |
| 31 Dec 16 | 28,459 | 2,238 | 3,982 | 0 |
| 30 Sep 16 | 28,306 | 2,261 | 4,001 | 0 |
| 30 Jun 16 | 27,836 | 2,196 | 3,941 | 0 |
| 31 Mar 16 | 26,401 | 2,142 | 3,816 | 0 |
| 31 Dec 15 | 26,328 | 1,942 | 6,505 | 0 |
| 30 Sep 15 | 25,717 | 1,817 | 6,377 | 0 |
Quality Earnings: 500710 has a high level of non-cash earnings.
Growing Profit Margin: 500710's current net profit margins (53.6%) are higher than last year (10.6%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 500710's earnings have grown significantly by 44% per year over the past 5 years.
Accelerating Growth: 500710's earnings growth over the past year (359.6%) exceeds its 5-year average (44% per year).
Earnings vs Industry: 500710 earnings growth over the past year (359.6%) exceeded the Chemicals industry 13.6%.
Return on Equity
High ROE: 500710's Return on Equity (80.5%) is considered outstanding.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/07 04:46 |
| End of Day Share Price | 2026/07/07 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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
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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 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Aradhana Jain | 360 ONE Capital Market Private Limited |
| null null | 360 ONE Capital Market Private Limited |
| Vijayaraghavan Swaminathan | Avendus Spark |