Jyothy Labs Ltd
Jyothy Labs Limited was founded in 1983 by Mr. M. P. Ramachandran in Thrissur, Kerala. With a humble beginning as a single-unit, single-product manufacturing company. The Company has grown significantly to become a leading FMCG player with a pan-India presence and several household brands. [1]
- Market Cap ₹ 7,520 Cr.
- Current Price ₹ 205
- High / Low ₹ 218 / 130
- Stock P/E 34.8
- Book Value ₹ 26.5
- Dividend Yield 1.22 %
- ROCE 18.6 %
- ROE 16.6 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 68.6%
- Company's working capital requirements have reduced from 27.6 days to 21.4 days
Cons
- Stock is trading at 7.73 times its book value
- The company has delivered a poor sales growth of 5.83% 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
607 | 663 | 1,019 | 1,260 | 1,438 | 1,542 | 1,632 | 1,626 | 1,769 | 1,665 | 1,885 | 2,166 | 2,368 | |
521 | 580 | 895 | 1,097 | 1,271 | 1,313 | 1,371 | 1,362 | 1,483 | 1,415 | 1,568 | 1,917 | 2,087 | |
Operating Profit | 86 | 83 | 124 | 164 | 166 | 229 | 261 | 264 | 286 | 250 | 317 | 250 | 281 |
OPM % | 14% | 13% | 12% | 13% | 12% | 15% | 16% | 16% | 16% | 15% | 17% | 12% | 12% |
21 | 57 | 47 | 57 | 63 | 15 | 11 | 43 | 27 | 16 | -4 | 19 | 37 | |
Interest | 0 | 19 | 66 | 53 | 12 | 56 | 51 | 42 | 28 | 25 | 12 | 7 | 5 |
Depreciation | 11 | 17 | 62 | 62 | 70 | 54 | 55 | 57 | 58 | 76 | 78 | 79 | 50 |
Profit before tax | 96 | 103 | 44 | 106 | 147 | 133 | 166 | 208 | 228 | 166 | 223 | 183 | 264 |
Tax % | 16% | 19% | 0% | 0% | 3% | 44% | -22% | 23% | 15% | 5% | 15% | 15% | |
Net Profit | 80 | 84 | 44 | 106 | 143 | 75 | 202 | 161 | 193 | 158 | 190 | 156 | 222 |
EPS in Rs | 2.49 | 2.59 | 1.37 | 2.93 | 3.94 | 2.06 | 5.56 | 4.42 | 5.26 | 4.29 | 5.18 | 4.25 | 6.04 |
Dividend Payout % | 50% | 24% | 92% | 51% | 51% | 122% | 54% | 6% | 57% | 70% | 77% | 59% |
Compounded Sales Growth | |
---|---|
10 Years: | 13% |
5 Years: | 6% |
3 Years: | 7% |
TTM: | 12% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | -5% |
3 Years: | -7% |
TTM: | 32% |
Stock Price CAGR | |
---|---|
10 Years: | 11% |
5 Years: | 3% |
3 Years: | 10% |
1 Year: | 47% |
Return on Equity | |
---|---|
10 Years: | 19% |
5 Years: | 22% |
3 Years: | 20% |
Last Year: | 17% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
8 | 8 | 16 | 18 | 18 | 18 | 18 | 18 | 37 | 37 | 37 | 37 | 37 | |
Reserves | 645 | 665 | 653 | 862 | 944 | 454 | 635 | 665 | 817 | 707 | 897 | 906 | 936 |
59 | 554 | 610 | 519 | 519 | 402 | 451 | 479 | 217 | 221 | 97 | 65 | 46 | |
127 | 129 | 280 | 368 | 436 | 460 | 255 | 297 | 341 | 325 | 393 | 442 | 468 | |
Total Liabilities | 839 | 1,357 | 1,559 | 1,767 | 1,916 | 1,334 | 1,360 | 1,459 | 1,412 | 1,289 | 1,424 | 1,450 | 1,487 |
206 | 203 | 671 | 630 | 570 | 538 | 542 | 489 | 471 | 484 | 457 | 415 | 409 | |
CWIP | 10 | 3 | 3 | 3 | 5 | 8 | 8 | 15 | 14 | 24 | 10 | 7 | 4 |
Investments | 80 | 378 | 25 | 154 | 409 | 205 | 154 | 246 | 242 | 139 | 141 | 142 | 142 |
543 | 773 | 859 | 979 | 932 | 583 | 656 | 709 | 685 | 642 | 815 | 886 | 931 | |
Total Assets | 839 | 1,357 | 1,559 | 1,767 | 1,916 | 1,334 | 1,360 | 1,459 | 1,412 | 1,289 | 1,424 | 1,450 | 1,487 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-7 | 125 | 7 | 147 | 158 | 195 | 166 | 251 | 305 | 165 | 408 | 202 | |
-158 | -591 | 2 | -120 | -0 | 97 | -20 | -81 | 25 | 72 | -149 | -5 | |
246 | 389 | -30 | 45 | -54 | -300 | -127 | -149 | -316 | -297 | -196 | -194 | |
Net Cash Flow | 80 | -77 | -21 | 72 | 103 | -7 | 18 | 21 | 13 | -60 | 63 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62 | 23 | 39 | 16 | 13 | 21 | 25 | 35 | 31 | 26 | 17 | 23 |
Inventory Days | 80 | 78 | 108 | 87 | 87 | 81 | 80 | 79 | 76 | 91 | 101 | 84 |
Days Payable | 46 | 62 | 74 | 56 | 62 | 69 | 60 | 62 | 66 | 52 | 69 | 67 |
Cash Conversion Cycle | 96 | 39 | 74 | 47 | 38 | 33 | 46 | 52 | 40 | 65 | 48 | 40 |
Working Capital Days | 57 | 37 | 14 | 14 | -33 | -108 | -66 | -15 | 24 | 39 | 22 | 21 |
ROCE % | 16% | 12% | 9% | 12% | 11% | 16% | 22% | 20% | 23% | 19% | 26% | 19% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
1d - Transcript of the earnings conference call held on Wednesday, January 25, 2023, for analyst/ investors to discuss the Un audited Financial Results for the quarter …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper publication - Un-audited Financial Results of the Company for the quarter and nine months ended December 31, 2022
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
25 Jan - Audio recording of the conference call for the quarter and nine months ended December 31, 2022
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 25 Jan
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Announcement under Regulation 30 (LODR)-Investor Presentation
25 Jan - Presentation on the Company's performance for the quarter and nine months ended December 31, 2022.
Annual reports
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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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Financial Year 2010
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Financial Year 2010
from nse
Concalls
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Jan 2023Transcript PPT
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Nov 2022Transcript PPT
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Jul 2022Transcript PPT
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May 2022Transcript PPT
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Jan 2022Transcript PPT
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Nov 2021TranscriptPPT
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Jul 2021Transcript PPT
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May 2021Transcript PPT
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Jan 2021Transcript PPT
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Nov 2020Transcript PPT
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Aug 2020Transcript PPT
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Jun 2020Transcript PPT
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Feb 2020Transcript PPT
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Oct 2019Transcript PPT
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Jul 2019Transcript PPT
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May 2019TranscriptPPT
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Jan 2019Transcript PPT
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Oct 2018Transcript PPT
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Aug 2018Transcript PPT
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May 2018TranscriptPPT
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Jan 2018TranscriptPPT
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Nov 2017TranscriptPPT
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May 2017TranscriptPPT
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Jan 2017TranscriptPPT
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May 2016TranscriptPPT
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Feb 2016TranscriptPPT
Fabric Care Segment (37% of revenues) [1]
Company dominates the fabric care segment from its flagship brand 'Ujala' which is a generic name in its category with a 81% market share. [2] in fabric whiteners. It also operates its brands Henkomatic and Mr. White in this segment. [3]