Why is JSW Dulux Ltd ?
1
High Management Efficiency with a high ROE of 25.77%
2
Company has a low Debt to Equity ratio (avg) at 0 times
3
Poor long term growth as Net Sales has grown by an annual rate of 8.30% and Operating profit at 10.31% over the last 5 years
4
Flat results in Mar 26
- ROCE(HY) Lowest at 21.01%
- DEBTORS TURNOVER RATIO(HY) Lowest at 5.98 times
- NET SALES(Q) At Rs 883.30 cr has Fallen at -5.5% (vs previous 4Q average)
5
Stock is technically in a Mildly Bearish range
- The stocks RSI and KST technical factors are also Bearish
6
With ROE of 16.1, it has a Attractive valuation with a 6 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 0.19%, its profits have fallen by -8%
- At the current price, the company has a high dividend yield of 5.9
7
High Institutional Holdings at 30.22%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 0.98% over the previous quarter.
How much should you hold?
- Overall Portfolio exposure to JSW Dulux should be less than 10%
- Overall Portfolio exposure to Paints should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Paints)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is JSW Dulux for you?
Medium Risk, Medium Return
Absolute
Risk Adjusted
Volatility
JSW Dulux
0.55%
0.01
30.05%
Sensex
-4.88%
-0.37
13.26%
Quality key factors
Factor
Value
Sales Growth (5y)
8.30%
EBIT Growth (5y)
10.31%
EBIT to Interest (avg)
38.40
Debt to EBITDA (avg)
0.13
Net Debt to Equity (avg)
-0.10
Sales to Capital Employed (avg)
2.44
Tax Ratio
16.56%
Dividend Payout Ratio
105.94%
Pledged Shares
0
Institutional Holding
30.22%
ROCE (avg)
46.47%
ROE (avg)
25.77%
Valuation Key Factors 
Factor
Value
P/E Ratio
37
Industry P/E
53
Price to Book Value
6.01
EV to EBIT
33.44
EV to EBITDA
28.49
EV to Capital Employed
6.56
EV to Sales
4.02
PEG Ratio
NA
Dividend Yield
5.89%
ROCE (Latest)
19.63%
ROE (Latest)
16.12%
Loading Valuation Snapshot...
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bullish
Mildly Bearish
RSI
Bearish
No Signal
Bollinger Bands
Bullish
Mildly Bearish
Moving Averages
Mildly Bearish (Daily)
KST
Bullish
Bearish
Dow Theory
Mildly Bullish
Mildly Bullish
OBV
No Trend
Mildly Bullish
Technical Movement
3What is working for the Company
PAT(Q)
Highest at Rs 125.70 cr.
-6What is not working for the Company
ROCE(HY)
Lowest at 21.01%
DEBTORS TURNOVER RATIO(HY)
Lowest at 5.98 times
NET SALES(Q)
At Rs 883.30 cr has Fallen at -5.5% (vs previous 4Q average
PBT LESS OI(Q)
At Rs 102.60 cr has Fallen at -9.5% (vs previous 4Q average
NON-OPERATING INCOME(Q)
is 39.54 % of Profit Before Tax (PBT
Loading Valuation Snapshot...
Here's what is working for JSW Dulux
Profit After Tax (PAT) - Quarterly
Highest at Rs 125.70 cr.
in the last five quartersMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Profit After Tax (PAT) - Quarterly
At Rs 125.70 cr has Grown at 33.0% (vs previous 4Q average)
over average PAT of the previous four quarters of Rs 94.48 CrMOJO Watch
Near term PAT trend is positive
PAT (Rs Cr)
Here's what is not working for JSW Dulux
Net Sales - Quarterly
At Rs 883.30 cr has Fallen at -5.5% (vs previous 4Q average)
over average Net Sales of the previous four quarters of Rs 934.70 CrMOJO Watch
Near term sales trend is negative
Net Sales (Rs Cr)
Profit Before Tax less Other Income (PBT) - Quarterly
At Rs 102.60 cr has Fallen at -9.5% (vs previous 4Q average)
over average PBT of the previous four quarters of Rs 113.33 CrMOJO Watch
Near term PBT trend is negative
PBT less Other Income (Rs Cr)
Non Operating Income - Quarterly
is 39.54 % of Profit Before Tax (PBT)
MOJO Watch
The company's income from non business activities is high; which is not a sustainable business model
Non Operating Income to PBT
Debtors Turnover Ratio- Half Yearly
Lowest at 5.98 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio
Non Operating Income - Quarterly
Highest at Rs 67.10 cr
in the last five quartersMOJO Watch
Increased income from non business activities may not be sustainable
Non Operating Income