JSW DuluxNSE:JSWDULUX -0.90%76 Gross Margin % is 40.59% as of Mar. 2026, which is 2% above its 10-year median of 39.65. GuruFocus rates NSE:JSWDULUX with a GF Score™ of 76/100 and a GF Value™ of ₹2,943.08 (Fairly Valued). The stock has 6 warning signs investors should review. Among 1,564 Chemicals companies, JSW Dulux ranks better than 84.4% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. JSW Dulux's Gross Profit for the
three
months ended in Mar. 2026 was ₹3,585 Mil. JSW Dulux's Revenue for the
three
months ended in Mar. 2026 was ₹8,833 Mil. Therefore, JSW Dulux's Gross Margin % for the quarter that ended in Mar. 2026 was 40.59%.
The historical rank and industry rank for JSW Dulux's Gross Margin % or its related term are showing as below:
NSE:JSWDULUX'
s Gross Margin % Range Over the Past 10 Years
Min: 38.39 Med: 39.65 Max: 43.03
Current: 41.76
During the past 13 years, the highestGross Margin % of JSW Dulux was 43.03%. The lowest was 38.39%. And the median was 39.65%.
NSE:JSWDULUX's Gross Margin % is ranked better than 84.4% of 1564
companies
in the Chemicals industry
Industry Median: 23.375
vs NSE:JSWDULUX: 41.76
JSW Dulux had a gross margin of 40.59% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for JSW Dulux was -0.90% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
JSW Dulux had a gross margin of 40.59% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
JSW Dulux Gross Margin % Related Terms
JSW Dulux Gross Margin % Historical Data
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The historical data trend for JSW Dulux's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
NSE:JSWDULUX vs LIN, SHW, ECL: Gross Margin % Comparison
For the Specialty Chemicals subindustry, JSW Dulux's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
JSW Dulux Gross Margin % vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, JSW Dulux's Gross Margin % distribution charts can be found below:
* The bar in red indicates where JSW Dulux's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
JSW Dulux (NSE:JSWDULUX) has a Gross Margin % of 40.59% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on JSW Dulux and its competitors. This is near median its historical median of 39.65. Over the past decade, JSW Dulux's Gross Margin % has ranged from 38.39 to 43.03. According to the industry distribution chart, JSW Dulux ranks #244 out of 1564 companies in the Chemicals industry, placing it in the top 15.6%.
Is JSW Dulux's Gross Margin % too high?
JSW Dulux's current Gross Margin % of 40.59% is near median its 10-year median of 39.65. Over the past 10 years, this metric has ranged from a low of 38.39 to a high of 43.03. The Chemicals industry median Gross Margin % is 23.38. JSW Dulux's value of 40.59% is 73.6% above this industry median. Based on the distribution chart, JSW Dulux ranks #244 out of 1564 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, JSW Dulux has a GF Score™ of 76/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does JSW Dulux's Gross Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, JSW Dulux ranks #244 out of 1564 companies for Gross Margin %. This places JSW Dulux in the top 16% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 23.38. JSW Dulux's value of 40.59% is 73.6% above this benchmark. Historically, JSW Dulux's own Gross Margin % has ranged from 38.39 to 43.03 over the past decade. While the company's 10-year median is 39.65 vs. the industry median of 23.38, JSW Dulux has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Chemicals company?
The median Gross Margin % among Chemicals companies is 23.38, based on 1,564 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JSW Dulux's current Gross Margin % of 40.59% is 73.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on JSW Dulux and its competitors. For the Chemicals industry, the median Gross Margin % is 23.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Dulux's current Gross Margin % is 40.59%, which is near median its own 10-year median of 39.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is JSW Dulux stock overvalued right now?
Based on GuruFocus' analysis, JSW Dulux (NSE:JSWDULUX) is currently considered Fairly Valued. The stock's GF Value™ is ₹2,943.08, compared to a current price of ₹3,199.10 — trading 8.7% above its estimated fair value. The current Gross Margin % is 40.59%, which is near median its 10-year median of 39.65 and 73.6% above the Chemicals industry median of 23.38. JSW Dulux's overall GF Score™ is 76/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For JSW Dulux (NSE:JSWDULUX), the current Gross Margin % is 40.59% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is JSW Dulux (NSE:JSWDULUX) Overvalued in 2026?
Based on GuruFocus' analysis, JSW Dulux stock appears to be overvalued.
The current stock price of ₹3,199.10 is trading 8.7% above its estimated GF Value™ of ₹2,943.08.
GuruFocus considers JSW Dulux to be Fairly Valued.
Key valuation signals for NSE:JSWDULUX:
Gross Margin %: 40.59% (near median its 10-year median of 39.65)
GF Value™: ₹2,943.08 vs. price of ₹3,199.10 (8.7% above fair value)
Industry Position: 73.6% above the Chemicals median (#244 of 1564)
No single metric tells the full story. See the NSE:JSWDULUX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
JSW Dulux Ltd is engaged in the business of manufacturing, trading and selling paints and related products. The Company is principally engaged in the manufacturing of paints, coatings and allied products in India. It operates through the Paints segment. The Company generates maximum revenue from Domestic operations and also has Overseas operations.
76GF Score
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