Integrated Filing — IndAS



General information about company

Scrip Code 500710
NSE Symbol JSWDULUX
MSEI Symbol NOTLISTED
ISIN INE133A01011
Name of company JSW Dulux Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2026
Date of end of financial year 31-03-2027
Date of board meeting when results were approved 11-08-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 30-07-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter First quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended
Segment Reporting Geographical
Description of single segment
Start date and time of board meeting 11-08-2026   12:00:00
End date and time of board meeting 11-08-2026   15:45:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
No loan or debt securities



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 96,502.30 96,502.30
Other income 8,126.60 8,126.60
Total income 1,04,628.90 1,04,628.90
2 Expenses
(a) Cost of materials consumed 63,580.00 63,580.00
(b) Purchases of stock-in-trade 4,415.30 4,415.30
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (7,579.00) (7,579.00)
(d) Employee benefit expense 8,220.90 8,220.90
(e) Finance costs 262.60 262.60
(f) Depreciation, depletion and amortisation expense 2,041.30 2,041.30
(f) Other Expenses
1 Other Expenses 16,351.90 16,351.90
Total other expenses 16,351.90 16,351.90
Total expenses 87,293.00 87,293.00
3 Total profit before exceptional items and tax 17,335.90 17,335.90
4 Exceptional items 0.00 0.00
5 Total profit before tax 17,335.90 17,335.90
6 Tax expense
7 Current tax 2,185.90 2,185.90
8 Deferred tax 1,598.40 1,598.40
9 Total tax expenses 3,784.30 3,784.30
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 13,551.60 13,551.60
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 13,551.60 13,551.60
17 Other comprehensive income net of taxes (27.20) (27.20)
18 Total Comprehensive Income for the period 13,524.40 13,524.40
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 4,554.00 4,554.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 29.76 29.76
Diluted earnings (loss) per share from continuing operations 29.76 29.76
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 29.76 29.76
Diluted earnings (loss) per share from continuing and discontinued operations 29.76 29.76
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. The Statement of Standalone Unaudited Financial Results has been reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 11 August 2026. The figures for the quarter ended 30 June 2026 have been subjected to limited review by the statutory auditors. 2. The figures for the quarter ended 31 March 2026 have not been subjected to review/audit by the statutory auditors. These are balancing figures between Standalone Audited Financial Statements for the financial year ended 31 March 2026 and year to date Standalone Unaudited Financial Results for nine months period ended 31 December 2025. 3. The Company is principally engaged in the business of manufacturing paints, coatings and allied products in India with similar risk, returns and internal business reporting system. Accordingly, there are no reportable segment(s) other than Paints, which singly or in aggregate qualify for separate disclosure as per provisions of the relevant Ind AS 108 Operating segments”. 4. Other income for the quarter ended 30 June 2026 and 30 June 2025 includes the following items: (Rs. mn) Particulars For the quarter ended 30 June 2026 For the quarter ended 30 June 2025 Dividend received from ICI India Research and Technology Centre Private Limited, subsidiary of the Company 559 - Interest on income tax refund 215 - Gain on sale of leasehold immovable property at Parsik Hill (Navi Mumbai, Maharashtra) - 51 Interest and other non-operating Income 39 39 Total 813 90 - The dividend income pertains to the dividend declared and paid by ICI India Research and Technology Centre Private Limited, subsidiary of the Company (Rs. 447 per equity share). - The interest on income tax refund represents interest received from the income tax authorities pursuant to the resolution of certain tax matters. The same has been recognised as Other Income in the Standalone Unaudited Financial Results for the quarter ended 30 June 2026 in accordance with the applicable accounting standards. - During the quarter ended 30 June 2025, the Company had completed the sale of its lease hold immovable property at Parsik Hill (Navi Mumbai, Maharashtra) resulting in a gain of Rs. 51 mn which had been recognized as Other income in the Standalone Unaudited Financial Results for the quarter ended 30 June 2025. 5. The Standalone Unaudited Financial Results for the quarter ended 30 June 2026 are not comparable with the corresponding previous periods due to the slump sale of the Powder Coatings business division and the International Research Center division during the quarter ended 30 September 2025.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2026 01-04-2026
Date of end of reporting period 30-06-2026 30-06-2026
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
1 Paints 96,502.30 96,502.30
Total Segment Revenue 96,502.30 96,502.30
Less: Inter segment revenue 0.00 0.00
Revenue from operations 96,502.30 96,502.30
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
1 Paints 17,598.50 17,598.50
Total Profit before tax 17,598.50 17,598.50
i. Finance cost 262.60 262.60
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax 17,335.90 17,335.90
3 (Segment Asset - Segment Liabilities)
Segment Asset
1 Paints 4,03,580.00 4,03,580.00
Total Segment Asset 4,03,580.00 4,03,580.00
Un-allocable Assets 0.00 0.00
Net Segment Asset 4,03,580.00 4,03,580.00
4 Segment Liabilities
Segment Liabilities
1 Paints 4,03,580.00 4,03,580.00
Total Segment Liabilities 4,03,580.00 4,03,580.00
Un-allocable Liabilities 0.00 0.00
Net Segment Liabilities 4,03,580.00 4,03,580.00
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2026 01-04-2026
B Date of end of reporting period 30-06-2026 30-06-2026
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Gain/(Loss) of defined benefit plans (36.40) (36.40)
Total Amount of items that will not be reclassified to profit and loss (36.40)
2 Income tax relating to items that will not be reclassified to profit or loss (9.20) (9.20)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss
5 Total Other comprehensive income (27.20) (27.20)