Akzo Nobel India Q3 FY26: revenue down 13.6%, JSW takes 61.2% stake

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JSWDULUX · price

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Price reactionminutes from the announcement price · days from the prior close

+0.4%Reaction day

₹2844.80

prior close

₹2859.90

announcement price

After-mkt

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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+2.9%-2.5% vs market

Paints peers, median of 8sector+0.8%-0.4% vs sector

On the reaction day the stock moved 2.5 pts less than Nifty Smallcap 250 and 0.4 pts less than its Paints peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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Reaction day

+0.4+2.9-2.5+0.8-0.4

Next day

+1.6+3.7-2.1+0.9+0.8

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+2.9+2.3+0.6+0.2+2.7

+3.4+4.9-1.5+0.6+2.8

+5.9+5.4+0.4-0.6+6.5

+5.3+4.8+0.5-2.6+7.8

15d

+9.3+2.7+6.6-7.8+17.1

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+4.8-4.0+8.8-15.1+19.9

+3.6+9.0-5.3-8.1+11.7

UpDownMarket · Nifty Smallcap 250Sector · Paints peers, median of 8Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Q3 standalone revenue at Rs 907.7 crore, down 13.6% YoY due to Powder Coatings divestment. Ex-divested business, revenue declined 1.0% with PAT up 5.9%. 9M revenue fell 10.8% to Rs 2,737.7 crore; reported PAT jumped to Rs 1,847.8 crore on Rs 1,846.3 crore exceptional gain from slump sale of Powder Coatings and R&D divisions. Q3 had Rs 27.9 crore exceptional expense from Labour Codes impact. JSW Paints acquired 61.2% stake on Dec 10; Parth Jindal named Chairman. Board proposes rename to JSW Dulux Limited pending approvals.

Likely market impact

Core paint volumes grew 5.9% with comparable PAT up 5.9%. Slump sale gain and JSW takeover reshape company. Name change to JSW Dulux pending.