JSW Dulux Limited

BSE: 500710 NSE: JSWDULUX
JSW Dulux Limited - manufacturing in Kolkata, West Bengal, India. FY 2026 financials & compliance.
CIN L24292WB1954PLC021516 Incorporated 12 March 1954 ROC Kolkata HQ Kolkata, West Bengal, India
Active Listed - NSE: JSWDULUX · BSE: 500710 Public Limited Company manufacturing Fortune MNC 500 · #172 BSE 500
Data last updated
Market Cap
₹13,929 Cr
JSWDULUX · NSE
Share Price
₹2,994.80
-2.09% today
Revenue
₹3,599 Cr
FY 2025-26 · -11.6% YoY
EBITDA
₹455 Cr
Margin 12.6%
Net Profit
₹361 Cr
FY 2025-26 · -15.9% YoY
P/E (TTM)
31.4x
P/B 4.9x
ROE
19.1%
ROCE 21.7%
Debt / Equity
0.04
Interest cover 3.2x

About JSW Dulux Limited

Data last updated:

JSW Dulux Limited is a public limited company based in Kolkata, West Bengal, India, a subsidiary of Akzo Nobel N.V. (Through Wholly Owned Subsidiaries). It operates in the paint and coatings segment of the manufacturing sector. It was incorporated on 12 March 1954 and has been in existence for over 72 years.

JSW Dulux is ranked #172 on the Fortune MNC 500 India (2026). It is part of the BSE 500 index.

The company is registered with the Registrar of Companies (ROC), Kolkata, under CIN L24292WB1954PLC021516. Its GSTIN is 19AAACI6297A1ZK (West Bengal). The company holds 29 GST registrations, of which 26 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 500710 and NSE: JSWDULUX.

The company has an authorised share capital of ₹126.69 Cr and a paid-up capital of ₹45.54 Cr. It was formerly known as Indian Explosives Limited and Ici India Ltd. It is led by directors including Rajiv Rajgopal (Managing Director) and Krishna Rallapalli (Whole-Time Director).

Its last annual general meeting (AGM) was held on 10 July 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at 801A South City Business Park, Kolkata, West Bengal.

As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹3,599.2 Cr, a decline of 11.6% compared to the previous year. For the same year it recorded a net profit of ₹361.15 Cr (net margin 10%) and EBITDA of ₹454.8 Cr (EBITDA margin 12.6%). The net worth stands at ₹2,451.6 Cr (up 84.3% YoY). Total assets are valued at ₹2,641 Cr (up 79.6% YoY).

The company has about 1,498 employees on its provident fund (EPFO) records.

The company is associated with 2 brands: Interpon and Akzo Nobel India. As per MCA filings, the company has open charges of ₹109 Cr and satisfied charges of ₹151.3 Cr on record. Court records list 1,391 cases involving the company, including 1,165 filed by the company and 227 filed against it; 274 cases are pending.

The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website akzonobel.co.in.

Company details

CIN L24292WB1954PLC021516
Registration Number 021516
Incorporation Date 12 March 1954
ROC Kolkata
Listing Status Listed - Listed on NSE (JSWDULUX); Listed on BSE (500710)
Company Status Active
Date of Last AGM 10 July 2026
Date of Balance Sheet 31 March 2026
Parent Company Akzo Nobel N.V. (Through Wholly Owned Subsidiaries)
Compliance Status Active Compliant

Name history

JSW Dulux has undergone 3 name changes throughout its history. The company was previously known as Indian Explosives Limited, Ici India Ltd., and Jsw Dulux Limited. The current legal name is Jsw Dulux Limited.

Company NameStatus
JSW Dulux LimitedCurrent
Indian Explosives LimitedPrevious
Ici India Ltd.Previous

CIN history

JSW Dulux has one previous CIN (Corporate Identification Number): U24292WB1954PLC021516. The current CIN is L24292WB1954PLC021516, which is the unique identifier assigned by the Registrar of Companies.

CINStatus
L24292WB1954PLC021516Current
U24292WB1954PLC021516Previous
Key People
Rajiv Rajgopal Managing Director Krishna Rallapalli Whole-Time Director Rohit Ghanshyamdas Totla Whole-Time Director

Recognitions & Rankings of JSW Dulux

Fortune MNC 500 India 2026 edition
Rank#172
Total income
₹4,175 Cr
Profit
₹430 Cr
Last year #168
Stock market indices
BSE 500

Contact details

JSW Dulux Limited's registered office is in Kolkata, West Bengal. Its website is akzonobel.co.in. Its e-mail address and telephone number are in the company report.

  • Email
  • Telephone
  • Website
    akzonobel.co.in
  • Social Media
  • Registered Address
    801A South City Business Park 770 Anandapur, Eastern Metropolitan Bypass Near Fortis Hospital, Kolkata, West Bengal, India – 700107
  • Industry
    Manufacturing, Paint & Coatings

To see the full contact details of JSW Dulux Limited, buy the company report.

Comprehensive company report
JSW Dulux Limited - one report that includes everything
  • Company details, directors and signatories
  • Historical financials and ratios
  • Shareholding pattern and group structure
  • Charges with holder and property details
  • Legal cases, compliance and MCA filings
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Brands

JSW Dulux operates two associated brands: Interpon and Akzo Nobel India. Each brand links to its own profile.

BrandDescriptionWebsite
Akzo Nobel India
Paints and coatings are manufactured for industrial and decorative uses.akzonobel.co.in
Interpon
Powder coatings manufacturing and supply for industrial and related applications.interpon.com

Business activity

The main business activity of JSW Dulux is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.

Main activity group codeMain activityBusiness activity codeBusiness activityShare of turnover
CManufacturingC6Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products

To see the full business activity and turnover split of JSW Dulux Limited, buy the company report.

Financials of JSW Dulux Limited

FY 2025-26 filings available

JSW Dulux Limited reported revenue of ₹3,599.2 Cr (down 11.6% YoY) for FY 2025-26.

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹3,599 Cr
-11.6% YoY
EBITDA
₹455 Cr
-29.1% YoY
Profit After Tax
₹361 Cr
-15.9% YoY
Net Worth
₹2,452 Cr
+84.3% YoY
Total Assets
₹2,641 Cr
+79.6% YoY
Total Debt
₹79.10 Cr
+27.4% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,5994,0693,9623,8023,1492,4212,662
Revenue growth-11.6%+2.7%+4.2%+20.8%+30.0%-9.0%-
EBITDA455642632525432341370
EBITDA margin+12.6%+15.8%+16.0%+13.8%+13.7%+14.1%+13.9%
Profit before tax2,366570573456367278323
Net profit361429427336290209237
Net profit margin+10.0%+10.6%+10.8%+8.8%+9.2%+8.7%+8.9%
EPS (₹)433.8094.4093.7673.6563.7645.6352.18
Balance sheet
Total assets2,6411,4711,4961,4931,4231,4381,389
Net worth2,4521,3301,3301,3161,2601,2881,238
Total debt79.1062.1060.4069.7070.5063.9064.30
Cash & bank324300524564458733553
Net working capital660569513621592656530
Cash flow
Cash from operations93.20312486486121283374
Cash from investing804122(87.10)(14.80)230(225)4.40
Cash from financing(875)(460)(439)(302)(346)(174)(157)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9658838948359951,0141,050982
Revenue growth (YoY)-3.0%-12.9%-14.9%-15.0%-4.0%---
Other income25.6067.1014.701,8829.002.806.009.10
EBITDA115127108111134159167146
EBITDA margin+11.9%+14.4%+12.1%+13.3%+13.5%+15.7%+15.9%+14.9%
Depreciation20.4020.1018.6018.3018.3022.0023.4022.20
Interest2.604.302.802.302.702.503.301.50
Profit before tax1181701011,972122138146132
Tax38.0044.0027.0028931.5029.2037.6033.90
Net profit79.7012674.301,68391.0010810997.90
EPS (₹)17.5127.6016.32369.5219.9823.8023.8521.49
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue3,5994,0693,9623,8023,1492,4212,662
Revenue growth-11.6%+2.7%+4.2%+20.8%+30.0%-9.0%-
EBITDA454641632525432341370
EBITDA margin+12.6%+15.8%+16.0%+13.8%+13.7%+14.1%+13.9%
Profit before tax2,300570573456367278323
Net profit360428428336289209237
Net profit margin+10.0%+10.5%+10.8%+8.8%+9.2%+8.7%+8.9%
EPS (₹)421.4794.2093.7873.6563.7445.6352.18
Balance sheet
Total assets2,5831,4691,4951,4921,4221,4381,388
Net worth2,3941,3291,3291,3161,2591,2881,237
Total debt79.1062.1060.4069.7070.5063.9064.30
Cash & bank257300523563458732553
Net working capital602568513620591656529
Cash flow
Cash from operations83.50312486486121283375
Cash from investing748122(87.10)(14.80)230(225)4.40
Cash from financing(875)(460)(439)(302)(346)(174)(157)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9658838948359951,0141,050982
Revenue growth (YoY)-3.0%-12.9%-14.9%-15.0%-4.0%---
Other income81.301.9014.701,8829.002.806.009.10
Total expenses850756787724861855884836
EBITDA115127108111134159167146
EBITDA margin+11.9%+14.4%+12.0%+13.2%+13.5%+15.7%+15.9%+14.9%
Depreciation20.4020.1018.6018.3018.3021.9023.4022.20
Interest2.604.302.802.302.702.503.301.50
Profit before tax1731041011,972122137146132
Tax37.9034.4026.9028931.5029.9037.6033.90

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 02 Nov 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9658838948359951,0141,050982
Revenue growth (YoY)-3.0%-12.9%-14.9%-15.0%-4.0%---
Other income25.6067.1014.701,8829.002.806.009.10
EBITDA115127108111134159167146
EBITDA margin+11.9%+14.4%+12.1%+13.3%+13.5%+15.7%+15.9%+14.9%
Depreciation20.4020.1018.6018.3018.3022.0023.4022.20
Interest2.604.302.802.302.702.503.301.50
Profit before tax1181701011,972122138146132
Tax38.0044.0027.0028931.5029.2037.6033.90
Net profit79.7012674.301,68391.0010810997.90
EPS (₹)17.5127.6016.32369.5219.9823.8023.8521.49
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,5994,0693,9623,8023,1492,4212,662
Revenue growth-11.6%+2.7%+4.2%+20.8%+30.0%-9.0%-
Other income1,99827.6035.8027.4024.7023.2041.10
Total expenses3,1443,4283,3303,2772,7162,0812,291
Employee cost313337328301264252264
EBITDA455642632525432341370
EBITDA margin+12.6%+15.8%+16.0%+13.8%+13.7%+14.1%+13.9%
Depreciation75.3089.4082.3082.5075.9075.5079.00
Interest12.109.8012.5014.1014.5010.309.30
Profit before tax2,366570573456367278323
Tax39214014612176.7070.6085.80
Net profit361429427336290209237
Net profit margin+10.0%+10.6%+10.8%+8.8%+9.2%+8.7%+8.9%
EPS (₹)433.8094.4093.7673.6563.7645.6352.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital45.5045.5045.5045.5045.5045.5045.50
Reserves & surplus2,4061,2851,2841,2711,2141,2431,192
Shareholders' funds (net worth)2,4521,3301,3301,3161,2601,2881,238
Minority interest0.000.000.000.000.000.000.00
Secured loans0.000.000.000.000.000.000.00
Unsecured loans79.1062.1060.4069.7070.5063.9064.30
Total debt79.1062.1060.4069.7070.5063.9064.30
Total liabilities2,6411,4711,4961,4931,4231,4381,389
Assets
Gross block2,0268711,010965905877855
Net block1,613481526511520543574
Capital work in progress48.6066.7011972.7041.6016.5015.90
Investments0.000.000.000.000.000.5084.00
Inventories571605612598664488424
Sundry debtors603585575552496413396
Cash & bank balances324300524564458733553
Loans & advances28951121115414211394.00
Total current assets1,7872,0011,9221,8681,7601,7481,467
Total current liabilities1,1271,4331,4081,2471,1681,092937
Net working capital660569513621592656530
Total assets2,6411,4711,4961,4931,4231,4381,389
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash24827431514513925433.30
Net cash from operating activities93.20312486486121283374
Net cash from investing activities804122(87.10)(14.80)230(225)4.40
Net cash from financing activities(875)(460)(439)(302)(346)(174)(157)
Net change in cash21.60(25.50)(41.00)1705.90(115)221
Closing cash324300524564458733553
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-11.6%+2.7%+4.2%+20.8%+30.0%-9.0%-
EBITDA growth-29.1%+1.5%+20.4%+21.4%+26.9%-8.0%-
PBT growth+315.1%-0.5%+25.7%+24.3%+31.9%-13.9%+2.4%
Net income growth-15.9%+0.4%+27.2%+16.0%+38.2%-11.8%-
Revenue CAGR (3Y)-1.8%+8.9%+17.8%+12.6%+2.6%-3.8%+1.1%
EBITDA CAGR (3Y)-4.7%+14.0%+22.9%+12.3%+8.1%+4.5%+4.1%
Profitability & leverage
Net income margin+54.8%+10.6%+10.8%+8.8%+9.2%+8.6%+8.9%
Return on capital employed+21.7%+39.1%+39.2%+32.3%+26.7%+20.4%+25.6%
Return on net worth+19.1%+32.3%+32.3%+26.0%+22.8%+16.5%+20.0%
Debt / equity0.040.050.050.050.050.050.03
Long-term debt / equity0.030.030.040.040.040.040.02
Interest cover3.191.782.273.194.073.883.19
Efficiency & per share
Fixed asset turnover2.494.334.024.073.542.803.32
Inventory turnover6.126.696.556.025.465.316.53
Debtors turnover6.067.017.037.266.935.986.34
EPS (₹)433.8094.4093.7673.6563.7645.6352.18
Dividend per share (₹)206.00100.0075.0065.0075.0050.0014.00
Book value per share (₹)538.55292.09292.02289.03276.55282.88271.82
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue9658838948359951,0141,050982
Revenue growth (YoY)-3.0%-12.9%-14.9%-15.0%-4.0%---
Other income81.301.9014.701,8829.002.806.009.10
Total expenses850756787724861855884836
EBITDA115127108111134159167146
EBITDA margin+11.9%+14.4%+12.0%+13.2%+13.5%+15.7%+15.9%+14.9%
Depreciation20.4020.1018.6018.3018.3021.9023.4022.20
Interest2.604.302.802.302.702.503.301.50
Profit before tax1731041011,972122137146132
Tax37.9034.4026.9028931.5029.9037.6033.90
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue3,5994,0693,9623,8023,1492,4212,662
Revenue growth-11.6%+2.7%+4.2%+20.8%+30.0%-9.0%-
Other income1,93327.6035.8027.4024.7023.2041.10
Total expenses3,1453,4283,3303,2772,7162,0812,291
Employee cost312336327300263251264
EBITDA454641632525432341370
EBITDA margin+12.6%+15.8%+16.0%+13.8%+13.7%+14.1%+13.9%
Depreciation75.3089.3082.3082.5075.9075.5079.00
Interest12.109.8012.5014.1014.5010.309.30
Profit before tax2,300570573456367278323
Tax38214114612176.7070.6085.80
Net profit360428428336289209237
Net profit margin+10.0%+10.5%+10.8%+8.8%+9.2%+8.7%+8.9%
EPS (₹)421.4794.2093.7873.6563.7445.6352.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital45.5045.5045.5045.5045.5045.5045.50
Reserves & surplus2,3491,2831,2841,2701,2131,2421,192
Shareholders' funds (net worth)2,3941,3291,3291,3161,2591,2881,237
Secured loans0.000.000.000.000.000.000.00
Unsecured loans79.1062.1060.4069.7070.5063.9064.30
Total debt79.1062.1060.4069.7070.5063.9064.30
Total liabilities2,5831,4691,4951,4921,4221,4381,388
Assets
Gross block2,0268711,009965905877856
Net block1,613481526511520543574
Capital work in progress48.6066.7011972.7041.6016.5015.90
Investments0.100.100.000.000.000.5084.00
Inventories571605612598664488424
Sundry debtors603585575552496413396
Cash & bank balances257300523563458732553
Loans & advances28951121115414211394.00
Total current assets1,7202,0001,9211,8671,7601,7471,466
Total current liabilities1,1181,4331,4081,2471,1681,092937
Net working capital602568513620591656529
Total assets2,5831,4691,4951,4921,4221,4381,388
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash24727331414413825432.40
Net cash from operating activities83.50312486486121283375
Net cash from investing activities748122(87.10)(14.80)230(225)4.40
Net cash from financing activities(875)(460)(439)(302)(346)(174)(157)
Net change in cash(44.10)(25.80)(40.60)1705.70(116)222
Closing cash257300523563458732553
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-11.6%+2.7%+4.2%+20.8%+30.0%-9.0%-
EBITDA growth-29.2%+1.4%+20.4%+21.4%+26.9%-8.0%-
PBT growth+303.7%-0.6%+25.7%+24.3%+31.8%-13.9%+2.4%
Net income growth-16.0%+0.2%+27.3%+16.1%+38.2%-11.8%-
Revenue CAGR (3Y)-1.8%+8.9%+17.8%+12.6%+2.6%-3.8%+1.1%
EBITDA CAGR (3Y)-4.7%+14.0%+22.9%+12.3%+8.1%+4.5%+4.1%
Profitability & leverage
Net income margin+53.3%+10.5%+10.8%+8.8%+9.2%+8.6%+8.9%
Return on capital employed+22.0%+39.1%+39.2%+32.3%+26.7%+20.4%+25.6%
Return on net worth+19.3%+32.3%+32.3%+26.1%+22.8%+16.5%+20.0%
Debt / equity0.040.050.050.050.050.050.03
Long-term debt / equity0.030.030.040.040.040.040.02
Interest cover3.191.782.273.194.073.883.19
Efficiency & per share
Fixed asset turnover2.494.334.024.073.542.803.32
Inventory turnover6.126.696.556.025.465.316.53
Debtors turnover6.067.017.037.266.935.986.34
EPS (₹)421.4794.2093.7873.6563.7445.6352.18
Dividend per share (₹)206.00100.0075.0065.0075.0050.0014.00
Book value per share (₹)525.93291.76291.87288.88276.40282.73271.67

To see the full year-wise statements and ratios of JSW Dulux Limited, buy the company report.

Board of directors of JSW Dulux Limited

JSW Dulux has 9 current directors and 34 former directors. Current directors are listed first, with their designation and appointment date.

Current Directors
NameDesignationAppointment DateTenureStatus
Rajiv Rajgopal
Also directs: Ici India Research and Technology Centre Private Limited, Paints and Coatings Skill Council
Managing Director01 Nov 20188 Years 0 MonthsCurrent
Krishna Rallapalli
Also directs: Ici India Research and Technology Centre Private Limited
Whole-Time Director01 Dec 20214 Years 11 MonthsCurrent
Parth Sajjan Jindal
Also directs: JSW Ventures Fund Managers LLP, Centre Court Capital Fund Managers Ifsc LLP, Kleron Ventures LLP and 5 more
Director09 Jan 20260 Years 9 MonthsCurrent
Shantanu Maharaj Khosla
Also directs: Orkla India Limited, Atul Limited, Modenik Lifestyle Private Limited and 1 more
Director09 Jan 20260 Years 9 MonthsCurrent
Anil Chaudhry
Also directs: Crompton Greaves Consumer Electricals Limited, GMR Airports Limited, Titan Company Limited and 3 more
Director22 Nov 20241 Years 11 MonthsCurrent
Namrata Kaul
Also directs: Havells India Limited, Fusion Finance Limited, Vivriti Asset Management Private Limited and 1 more
Director05 Aug 20242 Years 2 MonthsCurrent
Showing 6 of 9 current directors. View all directors

Peer comparison

JSW Dulux Limited is compared with the 7 companies closest to it by revenue in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.

CompanyRevenueNet profitMarginGrowth (1 yr)EmployeesLocation
Asian Paints Limited₹34,478 Cr (FY 2025)-5.0%Mumbai, Maharashtra, India
Berger Paints India Limited₹11,639 Cr (FY 2025)3.0%Kolkata, West Bengal, India
JSW Dulux Limitedthis company₹3,599.2 Cr (FY 2026)₹361.15 Cr10%-11.6%1,496Kolkata, West Bengal, India
PPG Asian Paints Private Limited₹2,165.46 Cr (FY 2025)6.0%Mumbai, Maharashtra, India
JSW Paints Limited₹2,163.18 Cr (FY 2025)3.0%Mumbai, Maharashtra, India
Visen Industries Limited₹1,990.49 Cr (FY 2025)19.0%Mumbai, Maharashtra, India
Indigo Paints Limited₹1,359.17 Cr (FY 2025)3.0%Pune, Maharashtra, India
Nippon Paint (India) Private Limited₹1,265.99 Cr (FY 2021)-1.0%Sunguvarchatiram, Tamil Nadu, India

To see the full peer comparison of JSW Dulux Limited, buy the company report.

Auditor

JSW Dulux Limited is audited by Price Waterhouse Char tered Accountants LLP for the financial year 2024.

Auditor firmFinancial yearFirm registration number
Price Waterhouse Char tered Accountants LLPFY 2024N500016

Shareholding

Shareholding for the quarter ended Sep 2026: promoters hold 61.20%, foreign institutional investors hold 8.50%, domestic institutional investors hold 21.90% and retail and other public shareholders hold 8.40%.

Promoters: 61.20%DII (Domestic Institutional): 21.90%FII (Foreign Institutional): 8.50%Retail & Others: 8.40%
Sep 2026
QUARTER
61.20% Promoters
21.90% DII (Domestic Institutional)
8.50% FII (Foreign Institutional)
8.40% Retail & Others
Promoter holding - history
Now 61.20% · Sep 2026High 69.80% · Dec 2025Low 61.20% · Mar 2026
60%62.8%65.5%68.3%71%Dec 2025Mar 2026Jun 2026Sep 2026Dec 2025: 69.80%Mar 2026: 61.20%Jun 2026: 61.20%Sep 2026: 61.20%69.80%61.20%61.20%
Shareholding trend - last 6 quarters
Sep 2026Jun 2026Mar 2026Dec 2025
Promoters61.20%61.20%61.20%69.80%
Public38.80%38.80%38.80%30.20%

Charges & borrowings

Open charges
₹109 Cr
Satisfied charges
₹151.3 Cr
Breakdown by lending institutions
Others₹109.00 Cr
Latest charge details
DateCharge IDLenderAmountStatusModified or satisfied on
28 Nov 2025101199651Others₹24 CrOpen
17 Nov 2025101194469Others₹85 CrOpen
13 Nov 200090192325The Hongkong and Shanghai Banking Corporation Limited₹3.2 CrSatisfied
10 Jun 199880038806Anz Grindlays Bank Limited₹70 CrSatisfied
20 Dec 199790197288Deutsche Bank₹71 CrSatisfied

To see the full charge records of JSW Dulux Limited, buy the company report.

Total charge records: 6 View all charges

MSME payment delays

JSW Dulux Limited has 16 MSME Form 1 returns on record between 2018 and 2024, listing 1,356 overdue payments to 114 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.

Suppliers with reported dues (5 of 114)

SupplierAmount dueDue sinceReported on
an individual supplier
an individual supplier
Diptab Ventures Private Limited
an individual supplier
Kalpana Minerals Pvt Ltd

To see the full MSME payment records of JSW Dulux Limited, buy the company report.

Individuals and sole proprietors among the suppliers are not named.

Employees & EPFO

JSW Dulux Limited has a workforce of 1,496 employees on its EPFO records as of Sep 10, 2024, across 7 active EPFO establishments.

Employee count
1,496
Active EPFO establishments
7
Employee growth
1.49%

GST

JSW Dulux has 29 GST registrations: 26 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.

Total GSTINs
29
Active
26
Cancelled / inactive
3
GSTINStateStatusRegistered on
19AAACI6297A1ZKWest BengalActive01 Jul 2017
02AAACI6297A1ZZHimachal PradeshActive01 Jul 2017
03AAACI6297A1ZXPunjabActive01 Jul 2017
04AAACI6297A1ZVChandigarhActive01 Jul 2017

To see the full GST registrations and return filing status of JSW Dulux Limited, buy the company report.

Recent activity

JSW Dulux Limited has 42 board changes on record since 2007: 9 appointments and 33 cessations. The latest: Kaustubh Sudhakar Kulkarni was appointed as Director on 23 Mar 2026.

AGM
Jsw Dulux Limited last Annual general meeting of members was held on 10 Jul 2026 as per latest MCA records.
Filing
Jsw Dulux Limited has filed its annual Financial statements for the year ended 31 Mar 2026 with Roc Kolkata I.
Appointed
Kaustubh Sudhakar Kulkarni was appointed as Director.
Appointed
Sutapa Banerjee was appointed as Director.
Appointed
Parth Sajjan Jindal was appointed as Director.
Appointed
Shantanu Maharaj Khosla was appointed as Director.
Charges
A charge with Others amounted to Rs. 24.00 Cr with Charge ID 101199651 was registered on 28 Nov 2025.
Charges
A charge with Others amounted to Rs. 85.00 Cr with Charge ID 101194469 was registered on 17 Nov 2025.
Appointed
Anil Chaudhry was appointed as Director.
Appointed
Namrata Kaul was appointed as Director.
Appointed
Rohit Ghanshyamdas Totla was appointed as Whole-Time Director.
Ceased
Harshi Rastogi ceased to be CFO.

46 earlier events are in the company report.

News

Frequently asked questions

JSW Dulux is an active public limited company based in Kolkata, West Bengal, India. The company works in paint and coatings, within the manufacturing industry. It was incorporated on 12 March 1954 (72+ years old) and is registered under CIN L24292WB1954PLC021516. Listed on BSE: 500710 and NSE: JSWDULUX.

JSW Dulux reported revenue of ₹3,599.2 Cr for FY 2025-26 (down 11.6% YoY) based on consolidated financials.

JSW Dulux has 9 current directors:

The latest financial statements of JSW Dulux on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 10 July 2026. Year-wise statements from 2015 are in the company report.

The GSTIN of JSW Dulux is 19AAACI6297A1ZK, registered in West Bengal. The company has 29 GST registrations in all, of which 26 are active and 3 are cancelled or inactive. Other active GSTINs include 02AAACI6297A1ZZ (Himachal Pradesh), 03AAACI6297A1ZX (Punjab), 04AAACI6297A1ZV (Chandigarh).

The CIN (Corporate Identification Number) of JSW Dulux is L24292WB1954PLC021516. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.

Yes. JSW Dulux is a listed company as per MCA records. Its shares are listed on both BSE (code: 500710) and NSE (symbol: JSWDULUX).

JSW Dulux has 1,391 court cases on record: 1,165 filed by the company and 227 filed against it. 274 are pending. Most are in the district courts.

JSW Dulux was incorporated on 12 March 1954, making it 72+ years old. It is registered with the Registrar of Companies, Kolkata.

The peers of JSW Dulux by revenue are Asian Paints Limited, Berger Paints India Limited, PPG Asian Paints Private Limited, JSW Paints Limited, Visen Industries Limited and 2 more, all in the Manufacturing industry (Paints), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).

Kaustubh Sudhakar Kulkarni was appointed as Director on 23 Mar 2026. Sutapa Banerjee was appointed as Director on 23 Mar 2026. Parth Sajjan Jindal was appointed as Director on 09 Jan 2026. JSW Dulux has 42 board changes on record in total.

JSW Dulux has 16 MSME Form 1 returns on record between 2018 and 2024, listing 1,356 overdue payments to 114 micro and small suppliers. The latest return was filed on 27 Apr 2024.