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.
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | |
| Promoters + | 62.89% | 62.89% | 62.89% | 62.89% | 62.89% |
| FIIs + | 14.62% | 14.65% | 16.43% | 15.10% | 15.10% |
| DIIs + | 14.13% | 13.85% | 13.28% | 14.35% | 15.26% |
| Government + | 0.00% | 0.00% | 0.01% | 0.00% | 0.00% |
| Public + | 8.37% | 8.62% | 7.39% | 7.66% | 6.75% |
| No. of Shareholders | 1,39,188 | 1,63,880 | 1,50,093 | 1,59,996 | 1,63,046 |
The shareholding pattern of Jyothy Labs from September 2023 to September 2024 reveals a stable promoter stake at 62.89% throughout the period. Foreign Institutional Investors (FIIs) held 14.62% in September 2023, saw a slight increase to 14.65% by December 2023, and reached 16.43% by March 2024, before settling at 15.10% by June and September 2024. Domestic Institutional Investors (DIIs) began at 14.13% in September 2023, decreased slightly to 13.85% by December 2023, but then gradually rose to 15.26% by September 2024. Public shareholding has steadily decreased from 8.37% in September 2023 to 6.75% in September 2024. The number of shareholders has fluctuated, rising from 1,39,188 in September 2023 to 1,63,046 in September 2024, indicating increased interest and engagement among stakeholders.
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 |
| November 2024 | 540.25 | 469.79 |
| December 2024 | 545.66 | 474.48 |
As we approach the end of 2024, Jyothy Labs is anticipated to experience varied price points. In November, Jyothy Labs’ maximum price is projected to reach ₹540.25, with a minimum expected around ₹469.79. Moving into December, the maximum price for Jyothy Labs is likely to be ₹545.66, while the minimum is projected to hover around ₹474.48.
| When | Maximum Price | Minimum Price |
| January 2025 | 551.11 | 423.93 |
| February 2025 | 556.68 | 428.22 |
| March 2025 | 568.37 | 437.21 |
| April 2025 | 562.74 | 432.88 |
| May 2025 | 546.35 | 420.27 |
| June 2025 | 570.94 | 439.18 |
| July 2025 | 559.74 | 430.57 |
| August 2025 | 577.05 | 443.89 |
| September 2025 | 583.98 | 449.21 |
| October 2025 | 599.16 | 460.89 |
| November 2025 | 614.14 | 472.42 |
| December 2025 | 641.78 | 493.68 |
As we step into 2025, Jyothy Labs is expected to see varied price movements throughout the year. In January, the maximum price may reach ₹551.11, with a minimum of ₹423.93. February could see a slight increase, moving to ₹556.68 and ₹428.22, while March may hit a peak of ₹568.37 and a low of ₹437.21. April’s prices could adjust to ₹562.74 and ₹432.88, with May dipping slightly to ₹546.35 and ₹420.27. As we move to mid-year, June could see a rise to ₹570.94 and ₹439.18, followed by July at ₹559.74 and ₹430.57. August might continue upward with ₹577.05 and ₹443.89, while September and October are projected to reach ₹583.98 and ₹599.16 for maximums, with minimums of ₹449.21 and ₹460.89, respectively. As we step into November, Jyothy Labs may peak at ₹614.14 and a low of ₹472.42, concluding in December with a strong maximum of ₹641.78 and a minimum of ₹493.68.
| When | Maximum Price | Minimum Price |
| January 2026 | 661.03 | 508.49 |
| February 2026 | 644.51 | 495.77 |
| March 2026 | 657.40 | 505.69 |
| April 2026 | 670.81 | 516.01 |
| May 2026 | 664.17 | 510.90 |
| June 2026 | 680.77 | 523.67 |
| July 2026 | 667.43 | 513.40 |
| August 2026 | 688.07 | 529.28 |
| September 2026 | 701.83 | 539.87 |
| October 2026 | 720.08 | 553.91 |
| November 2026 | 738.08 | 567.75 |
| December 2026 | 756.53 | 581.95 |
| When | Maximum Price | Minimum Price |
| January 2027 | 764.10 | 587.77 |
| February 2027 | 783.69 | 602.84 |
| March 2027 | 814.25 | 626.35 |
| April 2027 | 798.29 | 614.07 |
| May 2027 | 775.04 | 596.18 |
| June 2027 | 809.91 | 623.01 |
| July 2027 | 794.03 | 610.79 |
| August 2027 | 818.59 | 629.68 |
| September 2027 | 847.24 | 651.72 |
| October 2027 | 869.27 | 668.67 |
| November 2027 | 891.00 | 685.38 |
| December 2027 | 913.28 | 702.52 |
| When | Maximum Price | Minimum Price |
| January 2028 | 931.54 | 716.57 |
| February 2028 | 955.43 | 734.94 |
| March 2028 | 992.69 | 763.61 |
| April 2028 | 973.22 | 748.63 |
| May 2028 | 944.88 | 726.83 |
| June 2028 | 987.40 | 759.54 |
| July 2028 | 968.04 | 744.64 |
| August 2028 | 997.98 | 767.67 |
| September 2028 | 1,032.90 | 794.54 |
| October 2028 | 1,059.76 | 815.20 |
| November 2028 | 1,086.25 | 835.58 |
| December 2028 | 1,113.41 | 856.47 |
| When | Maximum Price | Minimum Price |
| January 2029 | 1,135.68 | 873.60 |
| February 2029 | 1,164.80 | 896.00 |
| March 2029 | 1,210.23 | 930.94 |
| April 2029 | 1,186.50 | 912.69 |
| May 2029 | 1,151.94 | 886.11 |
| June 2029 | 1,203.77 | 925.98 |
| July 2029 | 1,180.17 | 907.82 |
| August 2029 | 1,216.67 | 935.90 |
| September 2029 | 1,259.25 | 968.66 |
| October 2029 | 1,292.00 | 993.84 |
| November 2029 | 1,324.30 | 1,018.69 |
| December 2029 | 1,357.40 | 1,044.16 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,384.55 | 1,065.04 |
| February 2030 | 1,420.05 | 1,092.35 |
| March 2030 | 1,475.43 | 1,134.95 |
| April 2030 | 1,446.50 | 1,112.70 |
| May 2030 | 1,404.37 | 1,080.29 |
| June 2030 | 1,467.57 | 1,128.90 |
| July 2030 | 1,438.79 | 1,106.76 |
| August 2030 | 1,483.29 | 1,140.99 |
| September 2030 | 1,535.21 | 1,180.93 |
| October 2030 | 1,575.12 | 1,211.63 |
| November 2030 | 1,614.50 | 1,241.92 |
| December 2030 | 1,654.86 | 1,272.97 |
As we move through 2030, Jyothy Labs is expected to steadily rise, starting in January with a high of ₹1,384.55 and a low of ₹1,065.04. By mid-year, June might see values around ₹1,467.57 and ₹1,128.90. Toward year-end, November could peak at ₹1,614.50, and December may close at a maximum of ₹1,654.86 with a minimum of ₹1,272.97.
Financial Condition of Jyothy Labs Limited
| 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 ₹17,990 crore.
As of November 06th, 2024, Jyothy Labs Ltd’s share price is ₹490.
Jyothy Labs Ltd’s expected share price targets for 2025 range from ₹ 420.27 to ₹ 641.78.
Jyothy Labs Ltd’s forecasted share price targets for 2030 range from ₹1,065.04 to ₹1,654.86.
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Conclusion: Jyothy Labs Ltd’s Financial Challenges and Strategic Outlook
In conclusion, Jyothy Labs Limited has demonstrated consistent growth and resilience across its financial and operational performance from 2020 to 2024. The company’s revenue has steadily increased, reaching ₹2,757 crore in March 2024, while improvements in operational efficiency have elevated its operating profit margin to 17% and a further increase to 18% in TTM. Key brands such as Ujala, Henko, Maxo, Margo, and Exo have strengthened its FMCG market position, with innovative product strategies supporting sustainable growth. Notably, its strong financial management has led to reduced interest expenses and an increase in profit before tax to ₹479 crore. Shareholding patterns indicate stable promoter involvement and fluctuating institutional interest, with an overall rise in shareholder engagement. With continued commitment to consumer-focused solutions, Jyothy Labs appears well-positioned for sustained growth and increased shareholder value in the years to come.
What did we learn?
- 1 Shareholding Patterns of Jyothy Labs Ltd
- 2 How to Purchase Jyothy Labs Limited Shares in India?
- 3 Jyothy Labs Limited Share Price Target 2024 – 2030
- 3.1 Jyothy Labs Limited Share Price Target 2024
- 3.2 Jyothy Labs Limited Share Price Prediction 2025
- 3.3 Jyothy Labs Limited Share Price Target 2026
- 3.4 Jyothy Labs Limited Share Price Target 2027
- 3.5 Jyothy Labs Limited Share Price Prediction 2028
- 3.6 Jyothy Labs Limited Share Price Target 2029
- 3.7 Jyothy Labs Limited Share Price Target 2030
- 4 Financial Condition of Jyothy Labs Limited
- 5 FAQs
- 6 Conclusion: Jyothy Labs Ltd’s Financial Challenges and Strategic Outlook
