JSW Paints aims at matching industry-level profitability in 3-4 years
JSW Paints aims to match industry profitability levels in the next three to four years, targeting a 15-18% operating margin range. The paint-maker turned profitable at an operating level in 2023-24 with margins over 3% and crossed ₹2,000 crore in revenue. Now, it aims for ₹5,000 crore revenue by FY26. Despite pricing pressure from competitors like Birla Opus, JSW Paints is confident in its ability to compete and maintain its market share against established players.