JSW Dulux (NSE:JSWDULUX) Net Margin %: 14.23% (As of Mar. 2026) — 50% Above Median


NSE:JSWDULUX JSW Dulux Ltd NSE:JSWDULUX
76 GF Score
Price ₹3,199.10
GF Value ₹2,943.08
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is JSW Dulux Net Margin %?

JSW Dulux NSE:JSWDULUX -0.90% 76 Net Margin % is 14.23% as of Mar. 2026, which is 50% above its 10-year median of 9.47. 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 1,585 Chemicals companies, JSW Dulux ranks better than 99.05% on this metric.

Net margin is calculated as Net Income divided by its Revenue. JSW Dulux's Net Income for the three months ended in Mar. 2026 was ₹1,257 Mil. JSW Dulux's Revenue for the three months ended in Mar. 2026 was ₹8,833 Mil. Therefore, JSW Dulux's net margin for the quarter that ended in Mar. 2026 was 14.23%.

The historical rank and industry rank for JSW Dulux's Net Margin % or its related term are showing as below:

NSE:JSWDULUX' s Net Margin % Range Over the Past 10 Years
Min: 7.29   Med: 9.47   Max: 55.13
Current: 54.51


NSE:JSWDULUX's Net Margin % is ranked better than
99.05% of 1585 companies
in the Chemicals industry
Industry Median: 3.89 vs NSE:JSWDULUX: 54.51

JSW Dulux  (NSE:JSWDULUX) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


JSW Dulux Net Margin % Related Terms


JSW Dulux Net Margin % Historical Data

* Premium members only.

The historical data trend for JSW Dulux's Net 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.

JSW Dulux Net Margin % Chart

JSW Dulux Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.33 8.87 10.84 10.62 55.13

JSW Dulux Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.69 9.14 201.56 8.19 14.23

NSE:JSWDULUX vs LIN, SHW, ECL: Net Margin % Comparison

For the Specialty Chemicals subindustry, JSW Dulux's Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, JSW Dulux's Net Margin % distribution charts can be found below:

* The bar in red indicates where JSW Dulux's Net Margin % falls into.


NSE:JSWDULUX
76GF Score
JSW Dulux Ltd NSE:JSWDULUX
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

JSW Dulux Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

JSW Dulux's Net Margin for the fiscal year that ended in Mar. 2026 is calculated as

Net Margin=Net Income (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=19738/35804
=55.13 %

JSW Dulux's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1257/8833
=14.23 %

* 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.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 14.23% mean?
JSW Dulux (NSE:JSWDULUX) has a Net Margin % of 14.23% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on JSW Dulux and its competitors. This is 50% above median its historical median of 9.47. Over the past decade, JSW Dulux's Net Margin % has ranged from 7.29 to 55.13. According to the industry distribution chart, JSW Dulux ranks #15 out of 1585 companies in the Chemicals industry, placing it in the top 0.90000000000001%.
Is JSW Dulux's Net Margin % too high?
JSW Dulux's current Net Margin % of 14.23% is 50% above median its 10-year median of 9.47. Over the past 10 years, this metric has ranged from a low of 7.29 to a high of 55.13. The Chemicals industry median Net Margin % is 3.89. JSW Dulux's value of 14.23% is 265.8% above this industry median. Based on the distribution chart, JSW Dulux ranks #15 out of 1585 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 Net Margin % compare to LIN and SHW?
According to the Chemicals industry distribution chart, JSW Dulux ranks #15 out of 1585 companies for Net Margin %. This places JSW Dulux in the top 1% of its industry — outperforming the majority of peers. The industry median Net Margin % is 3.89. JSW Dulux's value of 14.23% is 265.8% above this benchmark. Historically, JSW Dulux's own Net Margin % has ranged from 7.29 to 55.13 over the past decade. While the company's 10-year median is 9.47 vs. the industry median of 3.89, 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 Net Margin % for a Chemicals company?
The median Net Margin % among Chemicals companies is 3.89, based on 1,585 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. JSW Dulux's current Net Margin % of 14.23% is 265.8% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on JSW Dulux and its competitors. For the Chemicals industry, the median Net Margin % is 3.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. JSW Dulux's current Net Margin % is 14.23%, which is 50% above median its own 10-year median of 9.47. 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 Net Margin % is 14.23%, which is 50% above median its 10-year median of 9.47 and 265.8% above the Chemicals industry median of 3.89. 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 Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For JSW Dulux (NSE:JSWDULUX), the current Net Margin % is 14.23% 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:

  • Net Margin %: 14.23% (50% above median its 10-year median of 9.47)
  • GF Value™: ₹2,943.08 vs. price of ₹3,199.10 (8.7% above fair value)
  • GF Score™: 76/100 with 6 warning signs
  • Industry Position: 265.8% above the Chemicals median (#15 of 1585)

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 Business Description

Other Exchanges 500710:India
Address JSW Centre, Bandra Kurla Complex, Bandra East, Mumbai, MH, IND, 400051
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

Get the complete analysis for NSE:JSWDULUX

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹3,199.10
Price
₹2,943.08
GF Value