Jyothy Labs Ltd
Jyothy Labs Limited was founded in 1983 by Mr. M. P. Ramachandran in Thrissur, Kerala. JLL is renowned brand in the domestic FMCG industry.It has a diversified product portfolio spanning four major categories of fabric care, dishwashing, household insecticides (HI) and personal care and an established market position in the post-wash (under Ujala brand) and the dishwashing segments (under Pril and Exo brands). [1]
- Market Cap ₹ 15,215 Cr.
- Current Price ₹ 414
- High / Low ₹ 554 / 200
- Stock P/E 43.4
- Book Value ₹ 44.6
- Dividend Yield 0.72 %
- ROCE 18.1 %
- ROE 14.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 58.8%
Cons
- Stock is trading at 9.28 times its book value
- The company has delivered a poor sales growth of 8.25% over past five years.
- Company has a low return on equity of 13.8% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Sector: FMCG Industry: Personal Care - Indian
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
913 | 1,107 | 1,324 | 1,515 | 1,593 | 1,683 | 1,672 | 1,814 | 1,711 | 1,909 | 2,196 | 2,486 | 2,714 | |
827 | 1,028 | 1,170 | 1,350 | 1,370 | 1,428 | 1,415 | 1,532 | 1,460 | 1,594 | 1,948 | 2,170 | 2,251 | |
Operating Profit | 86 | 79 | 154 | 164 | 223 | 255 | 257 | 282 | 251 | 315 | 248 | 316 | 463 |
OPM % | 9% | 7% | 12% | 11% | 14% | 15% | 15% | 16% | 15% | 16% | 11% | 13% | 17% |
21 | 13 | 8 | 6 | 13 | 10 | 62 | 27 | 16 | -5 | 19 | 47 | 46 | |
Interest | 24 | 68 | 55 | 14 | 62 | 56 | 48 | 35 | 33 | 19 | 12 | 13 | 7 |
Depreciation | 25 | 22 | 24 | 33 | 31 | 30 | 31 | 31 | 53 | 56 | 58 | 50 | 49 |
Profit before tax | 58 | 1 | 82 | 125 | 143 | 179 | 241 | 243 | 182 | 235 | 197 | 299 | 454 |
Tax % | 34% | -1,199% | 1% | 3% | 48% | -14% | 26% | 19% | 10% | 19% | 19% | 20% | |
38 | 16 | 81 | 121 | 74 | 204 | 179 | 198 | 163 | 191 | 159 | 240 | 350 | |
EPS in Rs | 1.38 | 0.61 | 2.25 | 3.35 | 2.16 | 5.73 | 5.12 | 5.59 | 4.64 | 5.43 | 4.41 | 6.53 | 9.55 |
Dividend Payout % | 45% | 205% | 67% | 60% | 116% | 52% | 5% | 54% | 65% | 74% | 57% | 46% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 8% |
3 Years: | 13% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 30% |
5 Years: | 8% |
3 Years: | 10% |
TTM: | 66% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 21% |
3 Years: | 41% |
1 Year: | 105% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 14% |
3 Years: | 14% |
Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 8 | 16 | 18 | 18 | 18 | 18 | 18 | 37 | 37 | 37 | 37 | 37 | 37 |
Reserves | 604 | 622 | 716 | 762 | 883 | 1,071 | 1,126 | 1,290 | 1,192 | 1,392 | 1,407 | 1,512 | 1,603 |
566 | 630 | 534 | 569 | 451 | 498 | 544 | 281 | 283 | 168 | 171 | 47 | 45 | |
241 | 250 | 386 | 468 | 417 | 266 | 291 | 335 | 325 | 359 | 408 | 466 | 536 | |
Total Liabilities | 1,419 | 1,518 | 1,654 | 1,817 | 1,770 | 1,853 | 1,979 | 1,942 | 1,836 | 1,956 | 2,023 | 2,062 | 2,220 |
1,030 | 1,062 | 1,094 | 1,074 | 1,068 | 1,097 | 1,091 | 1,101 | 1,149 | 1,147 | 1,122 | 1,116 | 1,117 | |
CWIP | 3 | 7 | 4 | 16 | 8 | 9 | 15 | 14 | 24 | 10 | 8 | 15 | 14 |
Investments | 2 | 2 | 61 | 194 | 86 | 28 | 113 | 104 | 0 | 0 | 0 | 0 | 5 |
384 | 447 | 494 | 533 | 608 | 719 | 760 | 723 | 662 | 799 | 893 | 930 | 1,084 | |
Total Assets | 1,419 | 1,518 | 1,654 | 1,817 | 1,770 | 1,853 | 1,979 | 1,942 | 1,836 | 1,956 | 2,023 | 2,062 | 2,220 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
125 | 28 | 130 | 166 | 192 | 163 | 242 | 302 | 171 | 402 | 203 | 329 | |
-604 | -28 | -91 | -26 | 108 | -17 | -74 | 30 | 72 | -129 | -32 | -48 | |
413 | -24 | 37 | -18 | -302 | -130 | -145 | -318 | -304 | -216 | -167 | -251 | |
Net Cash Flow | -66 | -25 | 76 | 123 | -2 | 16 | 23 | 13 | -60 | 57 | 4 | 30 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 32 | 27 | 18 | 14 | 22 | 25 | 35 | 31 | 26 | 18 | 24 | 20 |
Inventory Days | 89 | 108 | 91 | 87 | 81 | 80 | 79 | 76 | 91 | 101 | 85 | 77 |
Days Payable | 112 | 77 | 59 | 62 | 70 | 61 | 63 | 67 | 53 | 69 | 67 | 55 |
Cash Conversion Cycle | 9 | 57 | 51 | 39 | 32 | 45 | 51 | 40 | 65 | 49 | 41 | 42 |
Working Capital Days | 20 | -2 | 16 | -32 | -114 | -75 | -26 | 10 | 20 | 18 | 23 | 15 |
ROCE % | 8% | 6% | 11% | 10% | 15% | 16% | 15% | 17% | 14% | 18% | 13% | 18% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
3 May - Of Earnings Conference Call for the quarter and year ended March 31, 2024
- Corporate Action-Board to consider Dividend 3 May
- Board Meeting Intimation for For Considering And Approving The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2024 And Recommend Dividend, If Any, On The Equity Shares Of The Company For The Financial Year 2023-24. 3 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 2 May
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2011
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Concalls
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Feb 2024Transcript PPT
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Nov 2017TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Feb 2016TranscriptPPT
Fabric Care Segment (42% of revenues)[1]
Co dominates the fabric care segment with its flagship brand Ujala which is no.1 in its category with a 84% market share. In fabric whiteners, it also operates its brands Henko and Mr. White in this segment. [2]