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Jyothy Labs Ltd (JYOTHYLAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532926 NSE: JYOTHYLAB Household & Personal Products | Small Cap | Jyothy Labs Share Price

₹200.45 0.40 (0.20%)

As on 05-Jun'26 16:59

Jyothy Labs Ltd (JYOTHYLAB)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 532926 NSE: JYOTHYLAB Household & Personal Products | Small Cap | Jyothy Labs Share Price

₹200.45 0.40 (0.20%)

As on 05-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹7,346 Cr.
Current Price
₹200.5
52-Week Low / High
₹197 / 365
TTM EPS
₹10.1
TTM Sales
₹2,847 Cr.
Book Value per Share
₹55.8
P/E Ratio
19.83
Lower than its 5-year historical median
Industry PE
44.9
Price to Book (P/B)
3.59
Lower than its 5-year historical median
Price to Sales (P/S)
2.58
Lower than its 5-year historical median
EV/EBITDA
12.98
Lower than its 5-year historical median
Dividend Yield
1.06%
Profitability Efficiency
Return on Equity (ROE)
19.21%
Outperforms industry median
Return on Capital Employed (ROCE)
25.65%
Outperforms industry median
Return on Assets (ROA)
12.17%
Operating Profit Margin
17.6%
Net Profit Margin
13.01%
Gross Profit Margin
15.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
3.27%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
4.12%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
0.29%
Asset Quality
Promoter Holding
62.89%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹2,012 Cr.
Equity
₹36.7 Cr.
Face Value
₹1
All Time Low / High
₹10.51 / 595.00

Jyothy Labs stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Jyothy Labs Ltd a good quality company?
Jyothy Labs Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Jyothy Labs Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Jyothy Labs Ltd vs industry peers?
Jyothy Labs Ltd revenue CAGR is 10.72%, compared to the industry median CAGR of 2.59%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Jyothy Labs Ltd?
Promoters hold 62.89% of the Jyothy Labs Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 How do the current valuation ratios compare with 5-year historical median and industry numbers?

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Jyothy Labs Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 15.2%16%17.6%16.9%13.8%16.6%13.4%20%28.8%25.7%-
Value Creation
Index
0.10.20.30.30.00.20.00.51.10.9-

Growth Parameters

Sales 1,5931,6831,6721,8141,7111,9092,1962,4862,7572,8472,847
Sales YoY Gr.-5.7%-0.6%8.4%-5.7%11.6%15.1%13.2%10.9%3.3%-
Adj EPS 25.74.45.64.75.94.469.71010.1
YoY Gr.-179.9%-23.6%27.5%-15.7%25.6%-25.6%37.9%61.3%2.4%-
BVPS (₹) 23.72930.636.133.538.939.342.249.255.855.8
Adj Net
Profit
74207158204172216161222358366371
Cash Flow from Ops. 192163242302171402203329458311-
Debt/CF from Ops. 2.43.12.30.91.70.30.6000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 6.7%10.7%9%3.3%
Adj EPS 19.3%16.3%31.5%2.4%
BVPS10%10.8%12.4%13.3%
Share Price 3.4% 4.7% -0.8% -40.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
8.820.814.216.513.516.311.214.821.31918.1
Op. Profit
Mgn %
1415.215.415.514.716.511.312.717.417.6NAN
Net Profit
Mgn %
4.412.1910.89.610.97.28.91312.913
Debt to
Equity
0.50.50.50.20.20.10.1000-
Working Cap
Days
1361421541301441301221161291450
Cash Conv.
Cycle
172131192420161511110

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales1,5931,6831,6721,8141,7111,9092,1962,4862,7572,847
Operating Expenses + 1,3711,4291,4151,5321,4601,5951,9482,1702,2772,347
Manufacturing Costs57585045484648606766
Material Costs8368948759719011,0101,2831,4351,4041,420
Employee Cost 166165178193208222238260295316
Other Costs 312312311324304317379415511546
Operating Profit 222254257281251315248316480500
Operating Profit Margin (%) 13.9%15.1%15.4%15.5%14.7%16.5%11.3%12.7%17.4%17.5%
Other Income + 14116228201819405456
Exceptional Items 0000-4-24070-4
Interest 625648353319121356
Depreciation 31303131535658505056
Profit Before Tax 143179241243182235197299479489
Tax 69-26624519443859110118
Profit After Tax 74204179198163191159240369370
PAT Margin (%) 4.6%12.1%10.7%10.9%9.5%10.0%7.2%9.6%13.4%13.0%
Adjusted EPS (₹)2.25.75.15.64.65.44.46.510.110.1
Dividend Payout Ratio (%)116%52.40%4.90%53.70%64.70%73.60%56.70%46%34.80%34.70%

Valuation of Jyothy Labs - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 8601,0551,1121,3271,2291,4291,4441,5491,8072,048
Share Capital 18181837373737373737
Reserves 8421,0371,0941,2901,1921,3921,4071,5121,7712,012
Debt +755281217221117127000
Long Term Debt7642000000
Short Term Debt049277215221117127000
Minority Interest-3-7-14-21-29-38-41220
Trade Payables161149151179130192236214276290
Others Liabilities 881663574412477488525627757908
Total Liabilities 1,9071,9162,1032,1142,0272,1872,2912,3922,8423,247

Fixed Assets

Net Fixed Assets +1,0681,0971,0911,1011,1491,1471,1221,1161,1251,141
Gross Block1,0961,1541,1761,2051,3051,3561,3761,4131,4511,513
Accumulated Depreciation285785104156209255296326371
CWIP 89151424108151322
Investments 86281131040000192456
Inventories185196188202225279297302284328
Trade Receivables9411716115312294143138201274
Cash Equivalents 611031379629194211283166142
Others Assets 405364398442477464510537861882
Total Assets 1,9071,9162,1032,1142,0272,1872,2912,3922,8423,247

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 192163242302171402203329458311
PBT 143179241243182235197299479489
Adjustment 98813060819563352027
Changes in Working Capital 3-66-441-53105-265139-106
Tax Paid -52-31-25-42-39-33-31-57-79-98
Cash Flow From Investing Activity + 108-17-743072-129-32-48-344-161
Capex -26-574-38-42-26-21-12-14-58
Net Investments 13032-8563112-105-13-43-351-125
Others 476521372121
Cash Flow From Financing Activity + -302-130-145-318-304-216-167-251-135-157
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -2000000000
Interest Paid -10-156-60-34-21-28-7-10-4-5
Dividend Paid -145-18-109-18-2200-147-92-110-129
Others -1464424-266-62-188-12-148-20-24
Net Cash Flow -2162313-6057430-21-7

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)9.1621.3216.5116.212.7314.3511.0816.0222.0119.21
ROCE (%)15.171617.6316.8913.7516.6113.420.0328.8125.65
Asset Turnover Ratio0.870.920.841.030.991.11.191.291.261.17
PAT to CFO Conversion(x)2.590.81.351.531.052.11.281.371.240.84
Working Capital Days
Receivable Days16.70223026.4024.401716.301718.8024.40
Inventory Days40.7039.8041.5032.9037.9039.5039.5036.2032.5031.30
Payable Days64.1063.3062.506262.5058.1060.9057.3063.8072.80

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Jyothy Labs Ltd FAQs

The current trading price of Jyothy Labs on 05-Jun-2026 16:59 is ₹200.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 04-Jun-2026 the market cap of Jyothy Labs stood at ₹7,346.1 Cr

The latest P/E ratio of Jyothy Labs as of 04-Jun-2026 is 22.05.

The latest P/B ratio of Jyothy Labs as of 04-Jun-2026 is 4.62.

The 52-week high of Jyothy Labs is ₹364.8 and the 52-week low is ₹196.6.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Jyothy Labs is ₹2,944 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Jyothy Labs Ltd is a good quality company.

The key valuation ratios of Jyothy Labs Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jyothy Labs Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Jyothy Labs Ltd

Jyothy Labs, founded in 1983, is the brainchild of M. P. Ramachandran, who started it as a single product entity operating primarily in Thrissur, Kerala. By 1992, Jyothy Labs transformed into a multi-product, multi-brand, professionally managed private company operating across India, having a strong foothold in the FMCG space - primarily the Home Care and Personal Care segments. With state-of-the-art manufacturing facilities, the company has established a strong presence in India.

Catering to the needs of consumers seeking cleaning and hygiene solutions, the company has built a strong brand equity with a wide range of products, including fabric care, household insecticides, personal care, and dishwashing categories. Its array of power brands, Ujala, Maxo, Exo, Henko, Pril, and Margo, commands a strong dominance in their respective categories. The company is focused on consumer satisfaction and has, over the years, introduced several products with unique ingredients and features, which is led by its unparalleled focus on R&D.

The company has a widespread presence across an extensive network of retail outlets and supermarkets throughout India. The company has spread its presence across different channels, evolving in the marketplace, including traditional stores, canteen stores, department stores, modern trade, and e-commerce. The company also works to solidify its brand equity further through strategic celebrity endorsements, which ensure quick recognition and brand awareness.

Business area of the company

Jyothy Labs is principally engaged in manufacturing and marketing of fabric care, dishwashing, personal care and household insecticides products and also provides laundry services.

Product segments

Fabric care

  • Ujala
  • Henko

Dish wash

  • Exo
  • Pril

Household insecticides

  • Maxo

Personal care

  • Margo

Dry cleaning & laundry services

  • Fabric spa

Others 

  • Maya Agarbatti
  • Fabricspa

Awards

  • 2016-17: DQ Vertical Warrior Award for Innovative use of Technology in FMCG Vertical.
  • 2016-17: IDC Insights Award for Excellence in Operations 2016.
  • 2016-17: At Jyothy Laboratories, the year 2016-17 was eventful during which it was recognised for a new product launch and for innovation in IT.
  • 2017-18: Janam Global Excellence Award 2018 presented by Janam TV.
  • 2017-18: Business Reliability Award 2017 presented by Reporter Channel.
  • 2017-18: Malayalee Business Achiever Award 2018 presented by Pegasus Group.
  • 2017-18: IDC Insights Awards 2017 for excellence in operation.
  • 2018-19: Jyothy Labs was conferred with commendation certificate by IMC Ramakrishna Bajaj National Quality Award in the ‘Manufacturing Category’.
  • 2019-20: Jyothy Labs was acknowledged amongst the Top Organisations with Innovative HR Practices at the 18th Edition Asia Pacific HRM Congress.
  • 2021-22: Recognised as one of the winners for the year 2021 (DATA DOYENS Category) by the eminent panel of Juries of CIO AXIS and CISO CONNECT.
  • 2021-22: CIO100 AWARDS 2021 BY IDG
  • 2021-22: 9th Edition Safety Award 2022
  • 2021-22: 8th Edition Global Safety Summit 2021 EHS Award
  • 2021-22: Awarded by Indian Institute of Packaging for packaging of T-Shine Toilet Cleaner, Henkomatic Top Load & Front Load, Exo Dish Wash Gel, Pril 750 ml + Pril 500 gm Tub Free, Margo Neem Facewash, Pril Tamarind.
  • 2021-22: The Pithampur unit was recognised for appreciable achievement in Occupational Safety & Health during 2018-20 in the manufacturing sector.
  • 2021-22: Margo Dangler Automation awarded the highest excellence in packaging in India.
  • 2021-22: The Kalingmalai unit was awarded a 4 Star Trophy and certificate for outstanding performance in the manufacturing sector (MSME) under the ‘Work Place OHSE Excellence Award’ category.
  • 2022-23: SIES SOP Star Award 2022
  • 2022-23: 8th Innovative CIO Awards 2023
  • 2022-23: S.K.I.N Award -2022 Synchronisation of Knowledge & Information Network
  • 2022-23: Kaizen Appreciation Achiever Award 2022
  • 2022-23: Safety Award FMCG Sector – GSS (Global Safety Summit 2022)
  • 2022-23: Work Place OHSE Excellence Award - 2022
  • 2023-24: SIES SOP Star Award 2023 – Exo Dish Wash Round - In Mould Label
  • 2023-24: SIES SOP Star Award 2023 – Exo Dish Wash Super Gel Citrus
  • 2023-24: First-time winner at WorldStar 2023 for UJALA LIQUID DETERGENT
  • 2023-24: World Safety Organisation India (State level) OHS&E Award Bronze Trophy for Karaikal plant.
  • 2023-24: Puducherry Best Sustainable Organisation Award 
  • 2023-24: Winner Best Possible Safest Work Place Awarded to Jyothy Labs Pithampur Plant
  • 2023-24: World Safety Organisation India (State level) OHS&E Award Silver Trophy for Roorkee Plant.
  • 2023-24: World Safety Organisation India (State level) OHS&E Award Gold Trophy for Puducherry Plant
  • 2024-25: CII – Green Practices Award
  • 2024-25: SKIN International Award-2024
  • 2024-25: Great Place to Work.
  • 2024-25: Recognised at the prestigious e4m Golden Mikes for impactful radio promotions.
  • 2024-25: Awarded at FIPSA 2025 for our commitment to responsible packaging.
  • 2024-25: Honoured for Excellence in Supply Chain and Logistics Award by Alden Global, a testament to our operational strength and relentless drive for efficiency.

Milestones

  • 1983: Jyothy Laboratories was started by M P Ramachandran as a proprietary concern in Kerala. Ujala was launched.
  • 1984: Ujala was sold door to door by team of six sales people in the Trichur and Malappuram districts of Kerala.
  • 1986: Jyothy Laboratories releases its first print advertisement in the Kerala-based Mathrubhoomi newspaper.
  • 1987: It also entered in the market of Tamil Nadu.
  • 1992: The company set up factory located at Chennai to manufacture Ujala.
  • 1992: The same year the company was incorporated.
  • 1994: The company set up a plant In Pondicherry.
  • 1995: The company launched Nebula, an oil-based antibacterial washing soap in Kerala
  • 1997: Jyothy Laboratories launches Ujala all over India.
  • 2000: The company launched Maxo (mosquito repellent) in West Bengal. It also launched Exo (antibacterial dish wash bar) in Kerala, Karnataka, Tamil Nadu and Andhra Pradesh.
  • 2001: The company forayed into manufacturing of incense stick business and launched Maya.
  • 2002: JLL acquired Sri Sai Homecare, which has a mosquito coil production facility in Hyderabad.
  • 2002: The company launched Jeeva Ayurvedic Soap
  • 2005: Jyothy launched Xo Liquid and Ujala Stiff and Shine in South India.
  • 2007: The company entered into deed of assignment of trademark and copyright for the More Light and Ruby brands.
  • 2008: JIL launched Ujala Stiff & Shine all over India.
  • 2010: Jyothy Laboratories Ltd launches multi-insect repellent in technological association with DRDO''2011 -  DRDO (Ministry of Defence) ties up with Jyothy Laboratories Ltd to fight insect menace2012 - Jyothy Labs - Henkel India Ltd to merge with Jyothy Laboratories Ltd.
  • 2013: Jyothy Laboratories to set up subsidiary in Bangladesh
  • 2013: Jyothy Laboratories own Emerging India Award for the year 2013
  • 2014: Jyothy Laboratories own Indian Marketing Awards for the year 2014.
  • 2014: Jyothy Laboratories own India Star Packaging Award for the year 2014.
  • 2016: Jyothy Lab gets nod to merge subsidiary with itself.
  • 2017: A new Margo Original Neem Soap has been launched.
  • 2017: Jyothy Labs has implemented the SAP system, managed by Ravi Razdan.
  • 2017: The company achieved a record for the shortest implementation time.
  • 2017: wins several awards in IT.
  • 2018: Jyothy MR was aswarded the gratest marketing influencers by world federation marketing.
  • 2019: Pril launched. First of its kind dish wash liquid with power granules suspended for powerful grease removal.
  • 2019: Jyothy Labs wins the prestigious IMC Ram Krishna Bajaj National quality award under manufacturing sector.
  • 2019: Lead actor Raj Kumar roped in as the brand ambassador to launch the new Maxo Genius Machine.
  • 2020: Launch of Margo Face wash; India’s first Neem paste face wash in West Bengal.
  • 2017-18: Launched two innovative products in the market - T-Shine and Maxo Incense Sticks, both of which are path-breaking in their respective categories.
  • 2018-19: New Margo Glycerine with goodness of thousand neem leaves and pure glycerine launched
  • 2018-19: Ujala Crisp & Shine ‘Gold Collection‘ launched
  • 2019-20: Launched Margo Handwash and Margo Sanitizer.
  • 2019-20: The company has launched smaller packs of Pril Liquid.
  • 2020: Jyothy Labs launched its Hand Sanitizer under the brand name Margo.
  • 2022: Jyothy Labs increased its stake from 84.18% to 100% in Jyothy Fabricare Services (JFSL). Accordingly, JFSL has become the wholly owned subsidiary of the company.
  • 2024: Jyothy Labs signed business purchase agreement with Smartwash Solutions for acquiring its brand ‘Quiclo’ along with its software and customer database under its Laundry Service business.
  • 2025: Jyothy Labs launched a new product ‘Jovia’ under its Personal Care category and ‘Maxo Anti-Mosquito Racquet’ under its Household Insecticide Category.
  • 2025: Jyothy Labs launched new products viz. ‘UJALA Young & Fresh’ under its fabric care category and ‘Maxo Knockout Spray for Mosquitoes & Flies’ & ‘Maxo Knockout Spray for Cockroaches’ under its household insecticide category.
  • 2025: Jyothy Labs lunched new product namely ‘Dr. Wool’, Liquid Detergent, under its fabric care category.
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