JSW Dulux Limited has notified the Bombay Stock Exchange and the National Stock Exchange of India Ltd. regarding a change in its official website domain name. The intimation, issued on August 12, 2026, confirms that the company’s new web address is www.jswdulux.com .

The move replaces the previous domain, www.akzonobel.co.in , which was associated with the company’s former identity as Akzo Nobel India Limited. JSW Dulux clarified that visitors attempting to access the old domain will be automatically redirected to the new site. This technical adjustment is designed to provide stakeholders with seamless and uninterrupted access to corporate content, documents, and services.

What the Numbers Show

This administrative update reflects the ongoing branding transition following the company’s acquisition by the JSW Group. The automatic redirection mechanism ensures no disruption in information flow for investors and other stakeholders relying on digital disclosures.

The notification was signed by Rajiv L. Jha, General Counsel & Company Secretary, affirming the change for record purposes with both exchange listing departments.

JSW Dulux reported a significant improvement in profitability for the first quarter of FY27, with standalone profit after tax (PAT) surging 101.6% year-on-year to ₹135.5 crore. The results, approved by the Board of Directors on August 11, 2026, reflect strong operational volume growth offset by margin pressures from elevated raw material costs and currency volatility. While statutory revenue declined slightly due to prior-year comparables including carved-out businesses, like-for-like (L2L) revenue grew by 18.8%, driven by double-digit volume increases across both B2C and B2B segments.

Financial Performance

The company’s financial performance for Q1FY27 shows a divergence between top-line growth and bottom-line expansion, largely influenced by non-operating income. Standalone net revenue stood at ₹965.0 crore, down 2.8% from the statutory reported ₹993.1 crore in Q1FY26. However, on an L2L basis—excluding the carved-out Akzo Nobel retained business—revenue grew robustly to ₹965.0 crore from ₹812.0 crore in the corresponding period last year.

Gross margin contracted to ₹360.8 crore from ₹424.2 crore in the same quarter last year, reflecting a decline in gross margin percentage from 42.7% to 37.4%. This compression was attributed to higher raw material inflation, particularly in Titanium Dioxide (TiO₂), which saw prices rise to ₹336.7/kg in June 2026 from lower levels earlier in the year, alongside staggered price increases and a shift in business mix towards lower-margin B2B segments.

Operational Drivers and Margins

EBITDA declined to ₹115.1 crore from ₹134.4 crore year-on-year, with the EBITDA margin narrowing to 11.9% from 13.5%. Despite this, management highlighted that the impact of gross margin dilution was partially mitigated through effective operating expense management and investments in growth initiatives. The company realized ₹2.4 crore in benefits from 'Project Akshaya,' an initiative focused on unlocking synergies between JSW Dulux and JSW Paints through ERP integration, supply chain efficiencies, and unified business projects.

Volume growth emerged as a key highlight, with double-digit increases across verticals. In the B2C segment, the company gained portfolio share in the premium category, supported by calibrated price increases. In the B2B segment, strong order wins were recorded in infrastructure, power, coil sectors, and automotive OEMs. The company also launched new products such as Velvet Touch Finishes and Sadolin Hydro PU, aiming to strengthen its market position.

What the Numbers Show

The most striking aspect of the Q1FY27 results is the composition of the profit after tax. Of the ₹135.5 crore standalone PAT, ₹55.9 crore originated from dividend income received from ICI India Research and Technology Centre Private Limited, and another ₹21.5 crore came from interest on income tax refunds. This indicates that while operational EBITDA grew on an L2L basis, the headline PAT surge is significantly driven by non-recurring or non-operational income streams. Investors should note that consolidated PAT was lower at ₹79.7 crore, down 12.4% from ₹91.0 crore in Q1FY26, highlighting the importance of distinguishing between standalone and consolidated performance when evaluating the company’s operational health.