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 ₹ 13,565 Cr.
- Current Price ₹ 369
- High / Low ₹ 596 / 268
- Stock P/E 36.4
- Book Value ₹ 33.2
- Dividend Yield 0.95 %
- ROCE 44.0 %
- ROE 35.3 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 26.9%
- Company has been maintaining a healthy dividend payout of 49.0%
Cons
- Stock is trading at 11.1 times its book value
- The company has delivered a poor sales growth of 9.26% over past five 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
Part of BSE Allcap Nifty 500 BSE SmallCap BSE 400 MidSmallCap Index Nifty Total Market
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
1,019 | 1,260 | 1,438 | 1,542 | 1,632 | 1,626 | 1,769 | 1,665 | 1,885 | 2,193 | 2,482 | 2,754 | 2,837 | |
895 | 1,097 | 1,271 | 1,313 | 1,371 | 1,362 | 1,483 | 1,415 | 1,568 | 1,945 | 2,166 | 2,274 | 2,341 | |
Operating Profit | 124 | 164 | 166 | 229 | 261 | 264 | 286 | 250 | 317 | 248 | 316 | 480 | 496 |
OPM % | 12% | 13% | 12% | 15% | 16% | 16% | 16% | 15% | 17% | 11% | 13% | 17% | 17% |
47 | 57 | 63 | 15 | 11 | 43 | 27 | 16 | -4 | 18 | 47 | 54 | 53 | |
Interest | 66 | 53 | 12 | 56 | 51 | 42 | 28 | 25 | 12 | 12 | 13 | 5 | 6 |
Depreciation | 62 | 62 | 70 | 54 | 55 | 57 | 58 | 76 | 78 | 89 | 50 | 50 | 54 |
Profit before tax | 44 | 106 | 147 | 133 | 166 | 208 | 228 | 166 | 223 | 166 | 299 | 479 | 489 |
Tax % | 0% | 0% | 3% | 44% | -22% | 23% | 15% | 5% | 15% | 16% | 20% | 23% | |
44 | 106 | 143 | 75 | 202 | 161 | 193 | 158 | 190 | 139 | 240 | 370 | 372 | |
EPS in Rs | 1.37 | 2.93 | 3.94 | 2.06 | 5.56 | 4.42 | 5.26 | 4.29 | 5.18 | 3.78 | 6.52 | 10.07 | 10.14 |
Dividend Payout % | 92% | 51% | 51% | 122% | 54% | 6% | 57% | 70% | 77% | 66% | 46% | 35% |
Compounded Sales Growth | |
---|---|
10 Years: | 8% |
5 Years: | 9% |
3 Years: | 13% |
TTM: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 13% |
3 Years: | 19% |
TTM: | 6% |
Stock Price CAGR | |
---|---|
10 Years: | 12% |
5 Years: | 28% |
3 Years: | 36% |
1 Year: | -13% |
Return on Equity | |
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10 Years: | 23% |
5 Years: | 25% |
3 Years: | 27% |
Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 16 | 18 | 18 | 18 | 18 | 18 | 37 | 37 | 37 | 37 | 37 | 37 | 37 |
Reserves | 708 | 862 | 944 | 454 | 635 | 665 | 817 | 707 | 897 | 696 | 845 | 1,105 | 1,183 |
610 | 519 | 519 | 402 | 451 | 479 | 217 | 221 | 97 | 171 | 47 | 51 | 56 | |
225 | 368 | 436 | 460 | 255 | 297 | 341 | 325 | 393 | 448 | 464 | 540 | 582 | |
Total Liabilities | 1,559 | 1,767 | 1,916 | 1,334 | 1,360 | 1,459 | 1,412 | 1,289 | 1,424 | 1,352 | 1,392 | 1,732 | 1,858 |
671 | 630 | 570 | 538 | 542 | 489 | 471 | 484 | 457 | 440 | 435 | 444 | 447 | |
CWIP | 3 | 3 | 5 | 8 | 8 | 15 | 14 | 24 | 10 | 8 | 15 | 13 | 16 |
Investments | 25 | 154 | 409 | 205 | 154 | 246 | 242 | 139 | 141 | 6 | 6 | 197 | 294 |
859 | 979 | 932 | 583 | 656 | 709 | 685 | 642 | 815 | 898 | 936 | 1,077 | 1,101 | |
Total Assets | 1,559 | 1,767 | 1,916 | 1,334 | 1,360 | 1,459 | 1,412 | 1,289 | 1,424 | 1,352 | 1,392 | 1,732 | 1,858 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
7 | 147 | 158 | 195 | 166 | 251 | 305 | 165 | 408 | 201 | 329 | 458 | |
2 | -120 | -0 | 97 | -20 | -81 | 25 | 72 | -149 | -29 | -48 | -344 | |
-30 | 45 | -54 | -300 | -127 | -149 | -316 | -297 | -196 | -166 | -251 | -135 | |
Net Cash Flow | -21 | 72 | 103 | -7 | 18 | 21 | 13 | -60 | 63 | 6 | 30 | -21 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 39 | 16 | 13 | 21 | 25 | 35 | 31 | 26 | 17 | 23 | 19 | 26 |
Inventory Days | 108 | 87 | 87 | 81 | 80 | 79 | 76 | 91 | 101 | 84 | 76 | 73 |
Days Payable | 74 | 56 | 62 | 69 | 60 | 62 | 66 | 52 | 69 | 67 | 55 | 72 |
Cash Conversion Cycle | 74 | 47 | 38 | 33 | 46 | 52 | 40 | 65 | 48 | 40 | 41 | 28 |
Working Capital Days | 14 | 14 | -33 | -108 | -66 | -15 | 24 | 39 | 22 | 22 | 14 | 42 |
ROCE % | 9% | 12% | 11% | 16% | 22% | 20% | 23% | 19% | 26% | 18% | 31% | 44% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
29 Apr - Newspaper advertisement issued pursuant to Investor Education and Protection Fund Authority (Accounting, Audit, Transfer and Refund) Rules, 2016 and sample reminder letter sent to Shareholders
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
26 Apr - Jyothy Labs schedules Q4FY25 results conference call on May 12, 2025 at 16:00 IST.
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Corporate Action-Board to consider Dividend
26 Apr - Board meeting on May 12 to approve FY25 audited results and consider dividend recommendation.
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Board Meeting Intimation for Considering And Approving The Standalone And Consolidated Audited Financial Results Of The Company For The Quarter And Year Ended March 31, 2025 And Recommend Dividend, If Any, On The Equity Shares Of The Company For The Financial Year 2024-25.
26 Apr - Board meeting on May 12 to approve FY25 audited results and consider dividend recommendation.
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Intimation To Holders Of Physical Securities To Furnish PAN, KYC Details And Nomination As Per SEBI Master Circular Dated May 7, 2024
21 Apr - Shareholders urged to update PAN, KYC, nomination per SEBI circular; demat conversion encouraged.
Annual reports
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Financial Year 2024
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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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Concalls
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT REC
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Jul 2024Transcript PPT
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May 2024TranscriptPPTREC
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May 2024TranscriptNotesPPT REC
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Nov 2021TranscriptNotesPPT
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Oct 2019Transcript PPT
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Jul 2019Transcript PPT
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May 2019TranscriptNotesPPT
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Oct 2018Transcript PPT
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May 2018TranscriptNotesPPT
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Nov 2017TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Jan 2017TranscriptNotesPPT
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May 2016TranscriptNotesPPT
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Feb 2016TranscriptPPT
Business Segments
1) Fabric Care (44% in 9M FY25 vs 37% in FY22): [1] [2]The company offers fabric whitener, fabric enhancer, bar soap, detergent powder, and liquid detergents under its key brands Ujala & Henko. It also expanded its liquid detergent line to include the Mr. White & Morelight brands. Its fabric whitener Ujala Supreme is the leading product in the category with an 84% market share & Ujala Detergent has a market share of 22.9% in Kerala. The segment revenue grew by 6% YoY in 9M FY25. [3] [4] [5]