Jyothy Labs Limited is a prominent Indian fast-moving consumer goods (FMCG) company, known for its diverse range of products that have become staples in households across the country. Founded in 1983 by M.P. Ramachandran in Thrissur, Kerala, the company began with a single product and has since grown into a leading player in the FMCG sector. Over the years, Jyothy Labs has expanded its portfolio to include a variety of products across categories such as fabric care, dishwashing, personal care, and household insecticides, with recognized brands like Ujala, Henko, Maxo, Margo, and Exo.
Driven by a commitment to innovation, Jyothy Labs continuously strives to create products that improve the lives of its consumers. The company focuses on delivering life-changing solutions that meet the evolving needs of its customers. Under the strong leadership of M.P. Ramachandran as Chairman Emeritus and M.R. Jyothy as Chairperson and Managing Director, Jyothy Labs is guided toward sustained growth.
Jyothy Labs Reports Strong Q1 FY25 Results: Volume Growth and Margin Expansion Drive 30% Surge in Stock Price
- Strong Volume Growth: Jyothy Labs Ltd. reported a 10.8% year-on-year (YoY) increase in volumes during Q1 FY25 (April to June period).
- Revenue Increase: The company’s topline revenue grew by 8% YoY, reaching ₹741 crore, up from ₹687 crore in the same quarter last year.
- Net Profit Growth: Consolidated net profit rose by 5% YoY to ₹101 crore, compared to ₹96 crore in Q1 FY24.
- EBITDA Growth: The company’s EBITDA surged by 12.8% YoY to ₹132 crore, from ₹117 crore in the corresponding quarter of the previous year.
- Margin Expansion: EBITDA margin improved to 17.8% in Q1 FY25, compared to 17% in Q1 FY24, highlighting better operational efficiency.
- Strategic Focus: Jyothy Labs continues to focus on volume-led growth to gain higher market share across its brands.
- Reinvestment for Growth: The company plans to reinvest increased margins into the business to drive long-term growth.
- Brand Building and Distribution: Increased investment in strategic brand building and direct distribution is emphasized as a critical competitive advantage.
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 62.89% | 62.89% | 62.89% | 62.89% | 62.89% |
| FIIs + | 13.97% | 14.62% | 14.65% | 16.43% | 15.10% |
| DIIs + | 15.36% | 14.13% | 13.85% | 13.28% | 14.35% |
| Government + | 0.00% | 0.00% | 0.00% | 0.01% | 0.00% |
| Public + | 7.77% | 8.37% | 8.61% | 7.39% | 7.66% |
| No. of Shareholders | 1,27,003 | 1,39,188 | 1,63,880 | 1,50,093 | 1,59,996 |
- Promoters: Consistently hold 62.89% of the shares across all observed periods from June 2023 to June 2024, indicating stable control by the company’s founders and key insiders.
- Foreign Institutional Investors (FIIs): Increased their holdings from 13.97% in June 2023 to 15.10% in June 2024, showing a growing interest from international investors. Their stake peaked at 16.43% in March 2024.
- Domestic Institutional Investors (DIIs): Reduced their shareholding slightly from 15.36% in June 2023 to 14.35% in June 2024. Their holdings decreased steadily over the year, reaching a low of 13.28% in March 2024.
- Government: Held a negligible share, with minimal fluctuations, including a slight increase to 0.01% in March 2024 but generally remaining at 0.00%.
- Public: Their stake varied from 7.77% in June 2023 to 7.66% in June 2024. The public’s share was highest at 8.61% in December 2023 and lowest at 7.39% in March 2024.
- Number of Shareholders: Increased significantly from 1,27,003 in June 2023 to 1,59,996 in June 2024, reflecting a growing interest and broader shareholder base over the year. The number of shareholders peaked at 1,63,880 in December 2023 and dropped to 1,50,093 in March 2024.
Below are the trading platforms that you can use to purchase Jyothy Labs Limited shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| August 2024 | 567.75 | 493.70 |
| September 2024 | 590.46 | 513.45 |
| October 2024 | 578.89 | 503.38 |
| November 2024 | 602.04 | 523.51 |
| December 2024 | 608.06 | 528.75 |
In August 2024, the maximum price of Jyothy Labs Limited is projected to reach ₹567.75, while the minimum price is expected to be around ₹493.70. Moving into September 2024, the maximum price of Jyothy Labs Limited could touch ₹590.46, with a minimum price of ₹513.45. In October 2024, Jyothy Labs Limited’s maximum price may peak at ₹578.89, with a minimum of ₹503.38. By November 2024, the maximum price is likely to rise to ₹602.04, while the minimum may be ₹523.51. As we approach December 2024, Jyothy Labs Limited is expected to see a maximum price of ₹608.06, with the minimum price hovering around ₹528.75.
| When | Maximum Price | Minimum Price |
| January 2025 | 614.14 | 472.42 |
| February 2025 | 620.35 | 477.19 |
| March 2025 | 633.37 | 487.21 |
| April 2025 | 627.10 | 482.39 |
| May 2025 | 608.84 | 468.34 |
| June 2025 | 636.24 | 489.41 |
| July 2025 | 623.76 | 479.82 |
| August 2025 | 643.05 | 494.66 |
| September 2025 | 650.77 | 500.59 |
| October 2025 | 667.69 | 513.61 |
| November 2025 | 684.38 | 526.45 |
| December 2025 | 715.18 | 550.14 |
As we step into 2025, Jyothy Labs Limited is expected to see a maximum price of ₹614.14 and a minimum of ₹472.42 in January. February could bring a maximum of ₹620.35 and a minimum of ₹477.19, while March may see prices ranging from ₹487.21 to ₹633.37. April might witness a maximum of ₹627.10 and a minimum of ₹482.39, with May potentially reaching up to ₹608.84 and down to ₹468.34. June could peak at ₹636.24 with a minimum of ₹489.41, and July might range between ₹479.82 and ₹623.76. As we step into August, prices could vary from ₹494.66 to ₹643.05, followed by September’s range of ₹500.59 to ₹650.77. October may see a maximum of ₹667.69 and a minimum of ₹513.61, while November could range from ₹526.45 to ₹684.38. Finally, as we approach December 2025, Jyothy Labs Limited is projected to reach a high of ₹715.18, with a low of ₹550.14.
| When | Maximum Price | Minimum Price |
| January 2026 | 736.63 | 566.64 |
| February 2026 | 718.22 | 552.47 |
| March 2026 | 732.58 | 563.52 |
| April 2026 | 747.53 | 575.02 |
| May 2026 | 740.13 | 569.33 |
| June 2026 | 758.63 | 583.56 |
| July 2026 | 743.76 | 572.12 |
| August 2026 | 766.76 | 589.82 |
| September 2026 | 782.10 | 601.61 |
| October 2026 | 802.43 | 617.25 |
| November 2026 | 822.49 | 632.69 |
| December 2026 | 843.05 | 648.50 |
| When | Maximum Price | Minimum Price |
| January 2027 | 851.48 | 654.99 |
| February 2027 | 873.32 | 671.78 |
| March 2027 | 907.38 | 697.98 |
| April 2027 | 889.59 | 684.30 |
| May 2027 | 863.68 | 664.37 |
| June 2027 | 902.54 | 694.26 |
| July 2027 | 884.84 | 680.65 |
| August 2027 | 912.21 | 701.70 |
| September 2027 | 944.14 | 726.26 |
| October 2027 | 968.69 | 745.14 |
| November 2027 | 992.90 | 763.77 |
| December 2027 | 1,017.72 | 782.87 |
| When | Maximum Price | Minimum Price |
| January 2028 | 1,038.08 | 798.52 |
| February 2028 | 1,064.70 | 819.00 |
| March 2028 | 1,106.22 | 850.94 |
| April 2028 | 1,084.53 | 834.25 |
| May 2028 | 1,052.94 | 809.95 |
| June 2028 | 1,100.32 | 846.40 |
| July 2028 | 1,078.75 | 829.81 |
| August 2028 | 1,112.11 | 855.47 |
| September 2028 | 1,151.04 | 885.41 |
| October 2028 | 1,180.96 | 908.43 |
| November 2028 | 1,210.49 | 931.14 |
| December 2028 | 1,240.75 | 954.42 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,265.56 | 973.51 |
| February 2029 | 1,298.01 | 998.47 |
| March 2029 | 1,348.64 | 1,037.41 |
| April 2029 | 1,322.19 | 1,017.07 |
| May 2029 | 1,283.68 | 987.45 |
| June 2029 | 1,341.45 | 1,031.88 |
| July 2029 | 1,315.15 | 1,011.65 |
| August 2029 | 1,355.82 | 1,042.94 |
| September 2029 | 1,403.27 | 1,079.44 |
| October 2029 | 1,439.76 | 1,107.51 |
| November 2029 | 1,475.75 | 1,135.19 |
| December 2029 | 1,512.65 | 1,163.57 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,542.90 | 1,186.85 |
| February 2030 | 1,582.46 | 1,217.28 |
| March 2030 | 1,644.18 | 1,264.75 |
| April 2030 | 1,611.94 | 1,239.95 |
| May 2030 | 1,564.99 | 1,203.84 |
| June 2030 | 1,635.41 | 1,258.01 |
| July 2030 | 1,603.35 | 1,233.34 |
| August 2030 | 1,652.93 | 1,271.49 |
| September 2030 | 1,710.79 | 1,315.99 |
| October 2030 | 1,755.27 | 1,350.21 |
| November 2030 | 1,799.15 | 1,383.96 |
| December 2030 | 1,844.13 | 1,418.56 |
In 2030, Jyothy Labs Limited’s share prices are expected to fluctuate monthly. January could see prices ranging from ₹1,186.85 to ₹1,542.90. By August, the range might shift to ₹1,271.49 to ₹1,652.93. As we approach December 2030, the prices are projected to reach a maximum of ₹1,844.13 and a minimum of ₹1,418.56.
Financial Condition of Jyothy Labs Limited: Last 5 Years
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Sales + | 1,711 | 1,909 | 2,196 | 2,486 | 2,757 | 2,812 |
| Expenses + | 1,460 | 1,594 | 1,948 | 2,170 | 2,277 | 2,316 |
| Operating Profit | 251 | 315 | 248 | 316 | 480 | 496 |
| OPM % | 15% | 16% | 11% | 13% | 17% | 18% |
| Other Income + | 16 | -5 | 19 | 47 | 54 | 51 |
| Interest | 33 | 19 | 12 | 13 | 5 | 5 |
| Depreciation | 53 | 56 | 58 | 50 | 50 | 51 |
| Profit before tax | 182 | 235 | 197 | 299 | 479 | 490 |
| Tax % | 10% | 19% | 19% | 20% | 23% | |
| Net Profit + | 163 | 191 | 159 | 240 | 369 | 375 |
| EPS in Rs | 4.64 | 5.43 | 4.41 | 6.53 | 10.06 | 10.22 |
| Dividend Payout % | 65% | 74% | 57% | 46% | 35% |
Jyothy Labs Limited has shown a steady increase in financial performance from March 2020 to March 2024. Sales grew consistently from ₹1,711 crore in March 2020 to ₹2,757 crore in March 2024, with the trailing twelve months (TTM) reaching ₹2,812 crore. While expenses also increased from ₹1,460 crore to ₹2,277 crore during this period, the company’s operating profit improved from ₹251 crore in March 2020 to ₹480 crore in March 2024. The Operating Profit Margin (OPM) strengthened from 15% to 17%, with the TTM at 18%, reflecting enhanced operational efficiency. Other income saw a positive shift, particularly rising from a loss of ₹5 crore in March 2021 to ₹54 crore in March 2024, while interest expenses declined significantly, highlighting effective debt management.
Profit before tax surged from ₹182 crore in March 2020 to ₹479 crore in March 2024, despite a rise in the tax rate from 10% to 23% over the same period. Net profit followed a similar trend, increasing from ₹163 crore to ₹369 crore, with a TTM of ₹375 crore. The earnings per share (EPS) grew notably from ₹4.64 in March 2020 to ₹10.06 in March 2024, underscoring solid value creation for shareholders. However, the dividend payout ratio decreased from 65% to 35%, suggesting a strategic shift toward retaining more earnings for reinvestment and future growth.
FAQs
What is the current market capitalization of Jyothy Labs Ltd?
Jyothy Labs Ltd’s current market capitalization stands at ₹20,513 crore.
As of August 19th, 2024, Jyothy Labs Ltd’s share price is ₹556.
Jyothy Labs Ltd’s projected share price targets for 2024 range from ₹493.70 to ₹608.06.
Jyothy Labs Ltd’s expected share price targets for 2025 range from ₹468.34 to ₹715.18.
Jyothy Labs Ltd’s forecasted share price targets for 2030 range from ₹1,186.85 to ₹1,844.13.
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Conclusion: Jyothy Labs Ltd’s Financial Challenges and Strategic Outlook
Jyothy Labs Limited has shown impressive financial growth and operational efficiency over recent years. From March 2020 to March 2024, the company’s revenue increased from ₹1,711 crore to ₹2,757 crore, with net profit rising from ₹163 crore to ₹369 crore. The operating profit margin improved from 15% to 17%, reflecting effective cost management and enhanced profitability.
Looking forward, Jyothy Labs is projected to continue its strong performance, with share price targets reaching up to ₹608.06 by December 2024 and potentially up to ₹715.18 by December 2025. Long-term forecasts indicate a potential high of ₹1,844.13 by December 2030. The company’s commitment to innovation and strategic investments positions it well for continued growth and value creation for its shareholders.
What did we learn?
- 1 Jyothy Labs Reports Strong Q1 FY25 Results: Volume Growth and Margin Expansion Drive 30% Surge in Stock Price
- 2 Shareholding Patterns of Jyothy Labs Ltd
- 3 How to Purchase Jyothy Labs Limited Shares in India?
- 4 Jyothy Labs Limited Share Price Target 2024 – 2030
- 4.1 Jyothy Labs Limited Share Price Target 2024
- 4.2 Jyothy Labs Limited Share Price Prediction 2025
- 4.3 Jyothy Labs Limited Share Price Target 2026
- 4.4 Jyothy Labs Limited Share Price Target 2027
- 4.5 Jyothy Labs Limited Share Price Prediction 2028
- 4.6 Jyothy Labs Limited Share Price Target 2029
- 4.7 Jyothy Labs Limited Share Price Target 2030
- 5 Financial Condition of Jyothy Labs Limited: Last 5 Years
- 6 FAQs
- 6.1 What is the current market capitalization of Jyothy Labs Ltd?
- 6.2 What is the current share price of Jyothy Labs Ltd?
- 6.3 What are the projected share price targets for Jyothy Labs Ltd in 2024?
- 6.4 What are the expected share price targets for Jyothy Labs Ltd in 2025?
- 6.5 What are the forecasted share price targets for Jyothy Labs Ltd in 2030?
- 7 Conclusion: Jyothy Labs Ltd’s Financial Challenges and Strategic Outlook
