JSW Dulux reported record 23% YoY volume growth in Q4 FY26 across decorative and industrial paints, driven by strategic price corrections.
Revenue grew 6.2% with EBITDA margin at 14.4%, impacted by raw material inflation of 24-25% and ongoing integration with JSW Paints.
The Board approved a final dividend of ₹50 per share and completed a ₹64.8 crore real estate asset sale in March 2026.
Management outlined aggressive market share gains through price competitiveness and new OEM partnerships while navigating elevated cost pressures.