JSW Dulux Q4FY26: PAT Jumps 52% to ₹125.7 Cr; Recommends ₹50 Dividend
JSW Dulux reported a 52% year-on-year increase in Q4 FY26 PAT to ₹125.7 crore, excluding carved-out business. Full-year PAT surged 443% to ₹1,973.8 crore. The company recommended a final dividend of ₹50 per share. Key appointments and a name change to JSW Dulux Limited were also announced.
The substantial increase in PAT, dividend recommendation, and significant corporate restructuring (name change, board appointments) are material events that are likely to impact investor perception and the company's stock performance.
The company reported significant year-on-year growth in PAT for both the quarter and the full year, along with a dividend recommendation. Corporate restructuring and new board appointments were also positive developments.
JSW Dulux Limited (formerly Akzo Nobel India Limited) has announced its investor presentation for the quarter and year ended March 31, 2026. The company reported a strong finish to the fiscal year, with double-digit volume growth in line with its revised strategy of gaining market share.
For the fourth quarter of FY2025-26, excluding the carved-out business, the company's Profit After Tax (PAT) saw a significant increase of 52% to ₹125.7 crore, compared to ₹82.9 crore in the same period last year. This growth was driven by improved market conditions in the B2C segment and strong revenue growth in the B2B segment across various business verticals, despite high competitive intensity and price corrections taken in select categories. Raw material prices saw a sharp increase in March, impacting Gross Margins (GM) which stood at 40.6% for the quarter, down from 43.8% year-on-year. EBITDA stood at ₹126.9 crore, a 2% increase from the previous year.
For the full year ended March 31, 2026, consolidated PAT (excluding carved-out business) was ₹1,973.8 crore, a substantial 443% increase from ₹363.4 crore in the previous year. Revenue for the year stood at ₹3,599.2 crore, a marginal 1% decrease from ₹3,618.0 crore. The company recommended a final dividend of ₹50 per share, subject to shareholder approval.
Key corporate updates include the appointment of Mr. Kaustubh Sudhakar Kulkarni as Non-Executive Director and Ms. Sutapa Banerjee as Independent Director. The company has also officially changed its name to JSW Dulux Limited and relocated its corporate office to JSW Center, Mumbai, effective April 1, 2026.
JSW Dulux aims to strengthen its market share across all businesses by focusing on innovation, superior quality, and customer service. Strategic initiatives include expanding its product range, geographic expansion into 6,000 towns, and reinvesting royalty savings towards painter engagement and brand initiatives.
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JSW Dulux Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it high impact, which is the band that most often changes something.
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See the model portfoliosA plain-language summary of a public exchange filing by JSW Dulux Limited. Read the original for the full detail.