JSW Group's paint biz turns profitable; aims Rs 5,000 cr sales by FY26

JSW Paints, a leading Indian paints company, has crossed Rs 2,000 crore in revenue in FY24 and achieved its first operating profit in five years. The company aims for Rs 5,000 crore revenue in the next two years by expanding its retail presence in the home decorative business and adding more products in the industrial coating business. JSW Paints is aiming to grow faster than the market, with a target of 5 to 10 times the market growth. The company has a network of 6,000 retailers across the country and has invested Rs 900 crore in its decorative and industrial coating business.