Board appoints Senior Managment Personnel
JSWDULUX · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
JSW Dulux Limited reported FY2026 standalone revenue of Rs 35,992 million, down from Rs 40,693 million in FY2025 (about 12% decline), impacted by the slump sale of its Powder Coatings and International Research Center divisions during Q3 FY26. However, net profit surged to Rs 19,177 million from Rs 4,286 million, boosted by exceptional items of Rs 18,463 million from the slump sale of these divisions. The company recommended a final dividend of Rs 50 per share, taking total FY26 dividend to Rs 206 per share (including Rs 156 special interim dividend). Statutory auditors will change from Price Waterhouse to Deloitte Haskins & Sells LLP for a 5-year term from the 72nd AGM. Ms. Ritika Chopra was appointed as Senior Management Personnel (Head HR). JSW Paints acquired 60.76% stake in December 2025, making JSW the new promoter.
Despite core revenue decline due to divested businesses, the exceptional gains from the slump sale have significantly inflated profits, resulting in EPS of Rs 421.10 vs Rs 94.11. The new JSW promoter takeover and auditor change signal a new chapter for the company, while the robust dividend payout of Rs 206 per share is positive for shareholders.