Attached the outcome of board meeting held today, 13th May 2026
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Dulux Limited (formerly Akzo Nobel India) reported FY2026 standalone net profit of Rs. 19,177 million, up significantly from Rs. 4,286 million in FY2025, boosted by Rs. 18,463 million in exceptional items from the slump sale of its Powder Coatings and International Research Center divisions. Revenue from operations declined to Rs. 35,992 million from Rs. 40,693 million, partly due to the divested businesses. The Board recommended a final dividend of Rs. 50 per share, taking total FY26 dividend to Rs. 206 per share (including Rs. 156 special interim dividend already paid), versus Rs. 100 per share in FY25. Statutory auditors Price Waterhouse completed their term and Deloitte Haskins & Sells has been recommended for appointment. JSW Paints acquired 61.2% stake in December 2025, becoming the new promoter. The auditors issued an unmodified (clean) opinion on the financial results.
Strong PAT growth driven by exceptional gains from business sale; underlying operations remain healthy with positive cash flow from operations. The auditor change from Price Waterhouse to Deloitte is routine post-completion of term. Dividend payout of Rs. 206 per share is more than double last year, indicating positive cash generation despite revenue decline from divested businesses.