JYOTHYLAB - JYOTHY LABS LIMITED Share Price

Household Products

₹377.70-3.30(-0.87%)

Market Closed as of Apr 29, 2025, 15:30 IST

What does JYOTHY LABS LIMITED do?

Household Products•Fast Moving Consumer Goods•Small Cap

Jyothy Labs Limited, together with its subsidiaries, engages in the manufacture and marketing of fabric care, dishwashing, personal care, and household insecticides products in India and internationally. It operates through Dishwashing, Fabric Care, Household Insecticides, Personal Care, and Others segments. The Dishwashing segment offers dish wash bars, gels, and liquids, as well as dish wash scrubbers and powders under the Pril and Exo brands. The Fabric Care segment provides fabric whiteners, fabric enhancers, detergent powders, and detergent liquids and bar soaps under the Henko, Mr. White, Ujala, and More light brands. The Household Insecticides segment offers mosquito repellent coils, liquids, and insect repellent sticks, as well as surface cleaners and air care products under the Maya, T- Shine, and Maxo brands. The Personal Care segment provides body soaps, toothpastes, deodorants, talcum powders, after shave products, and hand washes under the Margo, Fa, and Neem Active brands. The Others segment offers incense sticks under the Maya brand; toilet and floor cleaner products; and provides dry cleaning and laundry services under the Fabric Spa brand. The company was formerly known as Jyothy Laboratories Limited and changed its name to Jyothy Labs Limited in July 2019. Jyothy Labs Limited was founded in 1983 and is based in Mumbai, India.

Industry Group:Household Products

Employees:2,943

Website:www.jyothylabs.com

Investor Care
Dividend Yield	0.90%
Dividend/Share (TTM)	3.5
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	10.14

Financial Health
Current Ratio	2.41
Debt/Equity	0.00
Debt/Cashflow	0.00

Income Statement for JYOTHY LABS

Standalone figures (in Rs. Crores) / View Consolidated Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-4%	704	733	741	659	677	732
Other Income	8.3%	14	13	14	13	11	13
Total Income	-3.8%	718	746	755	672	687	745
Cost of Materials	-0.3%	344	345	358	295	303	313
Purchases of stock-in-trade	135.9%	19	8.63	29	35	34	45
Employee Expense	0%	81	81	86	72	75	77
Finance costs	20%	1.48	1.4	1.39	1.26	1.19	1.17
Depreciation and Amortization	0%	14	14	13	13	13	12
Other expenses	3.4%	154	149	161	145	143	148
Total Expenses	-1%	604	610	622	565	572	610
Profit Before exceptional items and Tax	-16.3%	114	136	132	107	115	135
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	-16.3%	114	136	132	107	115	135
Current tax	-17.4%	20	24	23	14	20	24
Deferred tax	-2.3%	6.46	6.59	7.74	15	4.19	7.04
Total tax	-16.7%	26	31	31	29	24	31
Total profit (loss) for period	-17.3%	87	105	102	78	91	104
Other comp. income net of taxes	0%	-0.23	-0.23	-0.23	-1.12	0.07	0.06
Total Comprehensive Income	-17.3%	87	105	102	77	91	104
Earnings Per Share, Basic	-25.8%	2.38	2.86	2.77	2.13	2.48	2.84
Earnings Per Share, Diluted	-25.8%	2.38	2.86	2.77	2.13	2.48	2.84

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	11%	2,754	2,482	2,166	1,885	1,665	1,769
Other Income	39.5%	54	39	19	20	20	28
Total Income	11.4%	2,808	2,521	2,185	1,905	1,685	1,797
Cost of Materials	-3.7%	1,241	1,289	1,092	797	692	704
Purchases of stock-in-trade	5.5%	155	147	190	234	231	268
Employee Expense	13.7%	300	264	235	221	200	189
Finance costs	-68.9%	4.73	13	6.69	12	25	28
Depreciation and Amortization	0%	50	50	79	78	76	58
Other expenses	21.7%	572	470	402	343	323	333
Total Expenses	4.4%	2,329	2,230	2,002	1,658	1,516	1,569
Profit Before exceptional items and Tax	64.3%	479	292	183	247	169	228
Exceptional items before tax	-116.6%	0	7.03	0	-23.5	-3.78	0
Total profit before tax	60.4%	479	299	183	223	166	228
Current tax	47.2%	79	54	32	37	27	47
Deferred tax	553.2%	30	5.44	-4.99	-4.27	-18.73	-12.58
Total tax	86.2%	109	59	27	33	7.9	34
Total profit (loss) for period	54.4%	370	240	156	190	158	193
Other comp. income net of taxes	-740%	-0.92	1.3	-0.12	0.24	-2.74	-1.12
Total Comprehensive Income	53.3%	369	241	156	190	155	192
Earnings Per Share, Basic	64.3%	10.07	6.52	4.25	5.18	4.29	5.29
Earnings Per Share, Diluted	64.3%	10.07	6.52	4.25	5.18	4.29	5.29

Consolidated figures (in Rs. Crores) / View Standalone Data

QuarterlyAnnual

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	-4.1%	704	734	742	660	678	732
Other Income	8.3%	14	13	14	13	11	13
Total Income	-3.8%	718	746	756	673	688	746
Cost of Materials	-0.3%	344	345	358	296	303	314
Purchases of stock-in-trade	135.9%	19	8.63	29	35	34	45
Employee Expense	0%	81	81	86	73	75	77
Finance costs	20%	1.48	1.4	1.39	1.26	1.19	1.17
Depreciation and Amortization	0%	14	14	13	13	13	12
Other expenses	3.4%	154	149	161	146	143	148
Total Expenses	-1.1%	604	611	623	566	573	610
Profit Before exceptional items and Tax	-16.3%	114	136	132	107	115	135
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	-16.3%	114	136	132	107	115	135
Current tax	-17.4%	20	24	23	14	20	24
Deferred tax	-2.3%	6.46	6.59	7.74	15	4.19	7.04
Total tax	-16.7%	26	31	31	29	24	31
Total profit (loss) for period	-17.3%	87	105	102	78	91	104
Other comp. income net of taxes	21.8%	-0.11	-0.42	-0.58	-1.1	0.1	0.03
Total Comprehensive Income	-17.3%	87	105	101	77	91	104
Earnings Per Share, Basic	-25.8%	2.38	2.86	2.77	2.13	2.48	2.84
Earnings Per Share, Diluted	-25.8%	2.38	2.86	2.77	2.13	2.48	2.84

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	10.9%	2,757	2,486	2,196	1,909	1,711	1,814
Other Income	35.9%	54	40	19	18	20	28
Total Income	11.3%	2,811	2,526	2,215	1,928	1,731	1,841
Cost of Materials	-3.7%	1,243	1,291	1,096	803	702	713
Purchases of stock-in-trade	5.5%	155	147	190	235	231	268
Employee Expense	14.1%	301	264	247	232	219	208
Finance costs	-68.9%	4.73	13	12	19	33	35
Depreciation and Amortization	0%	50	50	58	56	53	31
Other expenses	21.7%	573	471	418	352	340	354
Total Expenses	4.4%	2,332	2,233	2,018	1,669	1,546	1,598
Profit Before exceptional items and Tax	64.3%	479	292	197	258	185	243
Exceptional items before tax	-116.6%	0	7.03	0	-23.5	-3.78	0
Total profit before tax	60.4%	479	299	197	235	182	243
Current tax	49.1%	80	54	32	38	27	47
Deferred tax	553.2%	30	5.44	5.64	6.34	-8.36	-1.96
Total tax	87.9%	110	59	38	44	19	45
Total profit (loss) for period	54%	369	240	159	191	163	198
Other comp. income net of taxes	-153.8%	-0.98	0.22	-0.04	0.54	-2.56	-1.24
Total Comprehensive Income	53.6%	368	240	159	191	160	196
Earnings Per Share, Basic	63.8%	10.06	6.53	4.41	5.43	4.64	5.62
Earnings Per Share, Diluted	63.8%	10.06	6.53	4.41	5.43	4.64	5.62

Valuation
Market Cap	13.99 kCr
Price/Earnings (Trailing)	37.58
Price/Sales (Trailing)	4.84
EV/EBITDA	25.48
Price/Free Cashflow	38.05
MarketCap/EBT	28.6

Fundamentals
Revenue (TTM)	2.89 kCr
Rev. Growth (Yr)	4.39%
Rev. Growth (Qtr)	-3.75%
Earnings (TTM)	372.26 Cr
Earnings Growth (Yr)	-3.87%
Earnings Growth (Qtr)	-16.78%

Profitability
Operating Margin	16.91%
EBT Margin	16.91%
Return on Equity	19.72%
Return on Assets	14.74%
Free Cashflow Yield	2.63%

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
HINDUNILVR	Hindustan UnileverDiversified FMCG	5.46 LCr	63.6 kCr	+2.65%	+4.32%	50.71	8.58	+1.53%	+4.22%
GODREJCP	Godrej Consumer ProductsPersonal Care	1.29 LCr	14.46 kCr	+9.20%	+5.27%	-285.06	8.93	+2.03%	-125.38%
DABUR	Dabur IndiaPersonal Care	85.77 kCr	13.09 kCr	-4.80%	-5.27%	48.49	6.55	+2.70%	+0.34%
COLPAL	Colgate-Palmolive (India)Personal Care	71.96 kCr	6.21 kCr	+12.75%	-5.63%	49.23	11.59	+10.59%	+16.00%
EMAMILTD	EmamiPersonal Care	27.22 kCr	3.8 kCr	+7.54%	+29.86%	34.57	7.17	+6.22%	+9.50%

Balance Sheet for JYOTHY LABS

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	56.6%	131	84	61	106	105	73
Current investments	50.3%	288	192	5	0	0	0
Loans, current	-	0	0	0	0	0	0
Total current financial assets	10.7%	904	817	622	417	336	348
Inventories	7.5%	303	282	284	300	353	294
Total current assets	9.6%	1,240	1,131	947	767	754	704
Property, plant and equipment	-0.4%	285	286	284	280	273	272
Capital work-in-progress	25%	16	13	14	15	4.07	7.44
Goodwill	0%	105	105	105	105	103	103
Non-current investments	0%	5.8	5.8	5.8	5.8	142	142
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	0%	22	22	21	21	155	157
Total non-current assets	2.8%	618	601	603	625	733	746
Total assets	7.3%	1,858	1,732	1,551	1,392	1,487	1,450
Total non-current financial liabilities	28%	33	26	29	28	16	22
Provisions, non-current	5.1%	84	80	76	71	68	65
Total non-current liabilities	10.1%	121	110	110	104	90	94
Borrowings, current	-	0	0	0	0	13	25
Total current financial liabilities	5.4%	353	335	311	264	299	306
Provisions, current	11.1%	31	28	22	22	24	12
Current tax liabilities	1951.9%	11	0.46	14	2.57	8.03	4.86
Total current liabilities	7.7%	517	480	469	406	424	414
Total liabilities	8%	638	591	578	511	514	507
Equity share capital	0%	37	37	37	37	37	37
Total equity	6.8%	1,219	1,141	972	881	973	943
Total equity and liabilities	7.3%	1,858	1,732	1,551	1,392	1,487	1,450

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	56.6%	131	84	61	106	107	76
Current investments	50.3%	288	192	5	0	0	0
Loans, current	-	0	0	0	0	0	0
Total current financial assets	10.5%	909	823	628	424	350	360
Inventories	7.1%	304	284	286	302	355	297
Total current assets	9.5%	1,247	1,139	955	775	775	724
Property, plant and equipment	-0.7%	285	287	284	281	289	290
Capital work-in-progress	25%	16	13	14	15	4.16	7.59
Goodwill	0%	786	786	786	786	829	786
Non-current investments	-	0	0	0	0	0	0
Loans, non-current	-	0	0	0	0	0	0
Total non-current financial assets	0%	16	16	15	15	14	16
Total non-current assets	1.3%	1,279	1,262	1,265	1,287	1,328	1,299
Total assets	5.2%	2,526	2,401	2,220	2,062	2,103	2,023
Borrowings, non-current	-	0	0	0	0	0	0
Total non-current financial liabilities	28%	33	26	29	28	20	24
Provisions, non-current	5.1%	84	80	76	71	71	68
Total non-current liabilities	10.1%	121	110	110	104	97	99
Borrowings, current	-	0	0	0	0	120	127
Total current financial liabilities	5.4%	353	335	311	265	412	412
Provisions, current	11.1%	31	28	22	22	24	13
Current tax liabilities	1951.9%	11	0.46	14	2.57	8.03	4.86
Total current liabilities	7.5%	517	481	469	406	539	521
Total liabilities	8%	638	591	578	511	636	620
Equity share capital	0%	37	37	37	37	37	37
Non controlling interest	-16.7%	1.75	1.9	1.89	2.06	2.19	-40.65
Total equity	4.3%	1,888	1,810	1,641	1,551	1,467	1,403
Total equity and liabilities	5.2%	2,526	2,401	2,220	2,062	2,103	2,023

Cash Flow for JYOTHY LABS

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-68.9%	4.73	13	6.69
Change in inventories	280.8%	11	-4.53	-17.85
Depreciation	0%	50	50	79
Unrealised forex losses/gains	-7.4%	-0.02	0.05	-0.13
Adjustments for interest income	218.2%	22	7.6	5.63
Share-based payments	-	1	0	0
Net Cashflows from Operations	39.6%	537	385	234
Income taxes paid (refund)	39.3%	79	57	32
Net Cashflows From Operating Activities	39.3%	458	329	202
Cash payment for investment in partnership firm or association of persons or LLP	-	0	0	1.25
Proceeds from sales of PPE	0%	23	23	0.12
Purchase of property, plant and equipment	5.9%	37	35	26
Interest received	231.1%	21	7.04	2.5
Other inflows (outflows) of cash	-695.2%	-351.21	-43.29	19
Net Cashflows From Investing Activities	-601.9%	-344.39	-48.21	-5.07
Proceeds from borrowings	-125%	0	5	196
Repayments of borrowings	-100.8%	0	130	221
Payments of lease liabilities	-	25	0	20
Dividends paid	19.8%	110	92	147
Interest paid	-111.1%	0	10	2.52
Net Cashflows from Financing Activities	46%	-134.81	-250.68	-193.91
Net change in cash and cash eq.	-176.5%	-21.19	30	3.47

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	-68.9%	4.73	13	12
Change in inventories	295%	12	-4.64	-18.59
Depreciation	0%	50	50	58
Unrealised forex losses/gains	-7.4%	-0.02	0.05	-0.13
Adjustments for interest income	215.8%	22	7.65	3.58
Share-based payments	-	1	0	0
Net Cashflows from Operations	39.6%	537	385	234
Income taxes paid (refund)	39.3%	79	57	31
Net Cashflows From Operating Activities	39.3%	458	329	203
Proceeds from sales of PPE	0%	23	23	4.67
Purchase of property, plant and equipment	5.9%	37	35	26
Interest received	228.4%	21	7.09	2.77
Other inflows (outflows) of cash	-696.7%	-351.24	-43.21	-13.09
Net Cashflows From Investing Activities	-600.7%	-344.37	-48.29	-31.7
Proceeds from borrowings	-125%	0	5	231
Repayments of borrowings	-100.8%	0	130	221
Payments of lease liabilities	9.1%	25	23	22
Dividends paid	19.8%	110	92	147
Interest paid	-111.1%	0	10	7.37
Net Cashflows from Financing Activities	46%	-134.81	-250.68	-166.68
Net change in cash and cash eq.	-176.8%	-21.26	30	4.16

Description	Share	Value
Fabric Care	45.7%	322.1 Cr
Dishwashing	34.7%	244.6 Cr
Personal Care	9.9%	69.7 Cr
Household Insecticides	4.9%	34.4 Cr
Others	4.8%	33.6 Cr
Total		704.5 Cr

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	JYOTHYLAB	Household
PE	37.58	26.47
PS	4.84	3.21
Growth	4.8 %	3.4 %

Share Holdings

Understand JYOTHY LABS ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
M G Shanthakumari	39.12%
Nalanda India Equity Fund Limited	5.72%
Sahyadri Agencies Limited	3.95%
M P Divakaran	3.94%
Canara Robeco Mutual Fund A/C Canara Robeco Small Cap Fund	3.09%
M P Sidharthan	2.84%
M R Jyothy	2.82%
M R Deepthy	2.82%
Nippon Life India Trustee Ltd-A/C Nippon India Small Cap Fund	2.78%
Franklin India Flexi Cap Fund	2.33%
Mirae Asset Great Consumer Fund	2.28%
U B Beena	1.88%
M P Ramachandran	1.75%
Axis Mutual Fund Trustee Limited A/C Axis Mutual Fund A/C Axis Small Cap Fund	1.18%
Jaya Trust	1.18%
K Ullas Kamath	0.79%
Moothedath Sidharthan Srihari	0.72%
Geetha .	0.52%
Jithin Moothedath Divakaran	0.52%
K K Sujatha	0.04%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Summary of Latest Earnings Report from JYOTHY LABS

Summary of JYOTHY LABS's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.

Earnings Outlook

Last updated: Feb 25

Management's outlook highlights cautious optimism amid subdued demand, particularly in urban areas, with gradual rural recovery driven by monsoon benefits. Key points include:

Financial Performance: Q3 revenue grew 4% YoY (8% volume), with ex-Home Insecticide (HI) segments up 6.1% in value. Nine-month EBITDA rose to Rs.387.7 crores (margin: 17.8%), supported by gross margin expansion (150 bps improvement).

Category Performance:

Fabric Care: Double-digit growth led by liquid detergents.
Dishwash: 3.6% growth, driven by Pril liquid and Exo.
Personal Care: Declined 3.7% due to consumption slowdown; launched mass soap Jovia to tap down-trading.
HI Segment: Struggled (-7.3% for 9M) due to weather and consumer shift to incense sticks; mitigated via new launches (e.g., Maxo racket).

Margins & Costs: Gross margin held steady at 49.8% via raw material coverage. EBITDA margin dipped to 16.4% (vs. 17.5% YoY) due to operating expenses.

Strategies: Focus on innovation (e.g., Mr. White Liquid Detergent), cost optimization, and distribution expansion. A&P spend maintained at 9% to bolster brands. Quick commerce adoption noted but impact minimal.

Outlook: Near-term demand remains volatile, but long-term growth levers include rural recovery, premiumization in Dishwash/Fabric Care, and reducing HI dependency. Margin protection prioritized via pricing actions and input cost management.

Q&A Session

Last updated: Feb 25

Question 1:
"My first question is on HI. So market leader has come out with a new technology, which is more efficacious, which currently other players don't have. And when I see numbers, clearly, they seem to have done much better than you... Could you comment on whether you would need much more effective technology to compete?"
Answer Summary:
Management expressed confidence in their HI formulations, attributing the decline to the coil segment and highlighting double-digit growth in liquid vaporizers. HI's contribution to overall revenue has reduced to 4-5%, with focus shifting to other growing categories. Future launches are planned to counter challenges.

Question 2:
"My second question was in terms of your comment that you were only company in this subcategory, if you could comment a bit more... the higher active molecule in terms of the Agarbatti, those seem to be doing well for the market leader."
Answer Summary:
Acknowledged the market leader's innovations but emphasized their strategy to prioritize non-HI segments. HI's performance is seasonal, with efforts to diversify the portfolio (e.g., Maxo racket) and reduce dependency on coils.

Question 3:
"My last question will be on Dishwash. Market leader has seen high single-digit growth while you have seen 3%. Could you comment on liquids vs. mass-end performance?"
Answer Summary:
Dishwash growth (3%) was driven by double-digit liquid detergent growth and scrubbers. Volume growth was supported by higher grammages/promotions. Pril liquid performed well in modern trade and e-commerce.

Question 4:
"First is on Jovia. What is the right to be in outdoor here? What is the differentiating point...? Second, related to Margo: Lux has ventured into sandal variants. Could you comment?"
Answer Summary:
Jovia targets the mass segment with Vitamin E/natural ingredients and competitive pricing. Margo's sandalwood variant is a differentiation play. Jovia will expand pan-India, while Margo remains niche with neem-focused consumers.

Question 5:
"How do you see Personal Care compared to competition?... Are people downsizing volumes, impacting margins?"
Answer Summary:
Personal Care declined 3.7% due to sluggish demand. Jovia's launch aims to tap down-trading trends. Margo remains niche. Consumer down-trading and unplanned purchases via quick commerce are observed, with near-term volume challenges.

Question 6:
"The volume-value growth gap is higher than long-term averages. Will this revert? Are you confident in double-digit volume-led growth for FY26?"
Answer Summary:
The gap stems from promotional grammages in Dishwash/Fabric Care. Volume growth (8%) outpaced value (4%) due to pricing actions. Double-digit volume growth ambition remains, but near-term caution persists due to market challenges.

Question 7:
"Would rationalizing celebrity-driven A&P spend for new brands help margins?"
Answer Summary:
A&P spend (9% of revenue) is critical for existing brands. Future new categories may require additional investments. No immediate plans to reduce spend, as current brands drive growth.

Question 8:
"On HI losses (~INR20Cr for 9M FY25), can FY26 see breakeven? What's the strategy?"
Answer Summary:
HI losses are linked to seasonality and fixed costs. Initiatives like Maxo racket and regional strategies aim to mitigate losses. Performance hinges on seasonal demand in Feb-Mar.

Question 9:
"How are quick commerce platforms impacting distribution? Are you present on all apps?"
Answer Summary:
Quick commerce is a growing channel, with Jyothy present across major platforms. No significant placement challenges reported; growth is observed but specific contribution figures undisclosed.

Question 10:
"What's the urban-rural split and growth outlook?"
Answer Summary:
60% urban, 40% rural. Rural demand improved post-monsoon but remains gradual. Urban stagnation persists, limiting overall recovery despite rural gains.

JYOTHYLAB - JYOTHY LABS LIMITED Share Price

What does JYOTHY LABS LIMITED do?

Investor Care

Financial Health

Income Statement for JYOTHY LABS

Valuation

Fundamentals

Profitability

Is JYOTHY LABS Better than it's peers?

Balance Sheet for JYOTHY LABS

Cash Flow for JYOTHY LABS

Revenue Breakdown

Sector Comparison: JYOTHYLAB vs Household Products

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Summary of Latest Earnings Report from JYOTHY LABS