The company’s success is driven by its relentless pursuit of innovation and a deep understanding of consumer needs. Jyothy Labs has consistently focused on developing life-enhancing solutions that cater to the ever-changing demands of its customers. This innovative spirit is coupled with a strong leadership team, where M.P. Ramachandran serves as Chairman Emeritus, and M.R. Jyothy, who plays a pivotal role as Chairperson and Managing Director, drives the company toward continuous growth and excellence.
Jyothy Labs Q1 FY25: Stock Soars 30% Following 10.8% Volume Growth and Improved Margins
- Significant Volume Growth: Jyothy Labs Ltd. achieved a 10.8% year-on-year (YoY) increase in volumes for Q1 FY25 (April to June period).
- Revenue Uplift: The company’s revenue grew by 8% YoY, reaching ₹741 crore, up from ₹687 crore in the same quarter of the previous year.
- Rise in Net Profit: Consolidated net profit saw a 5% YoY increase, amounting to ₹101 crore, compared to ₹96 crore in Q1 FY24.
- EBITDA Improvement: The company’s EBITDA grew by 12.8% YoY to ₹132 crore, from ₹117 crore in the corresponding period last year.
- Enhanced Margins: EBITDA margin expanded to 17.8% in Q1 FY25, up from 17% in Q1 FY24, indicating improved operational performance.
- Growth Strategy: Jyothy Labs remains focused on driving volume-led growth to capture greater market share across its product range.
- Reinvestment Strategy: The company plans to reinvest its enhanced margins into the business to support long-term growth initiatives.
- Brand and Distribution Investments: The company is increasing its investment in brand building and direct distribution, viewing these as key competitive advantages.
Shareholding Patterns of Jyothy Labs Ltd
| 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 |
Over the recent year, Jyothy Labs Limited’s shareholding patterns have shown notable trends. The promoter’s stake has remained stable at 62.89% throughout the observed periods from June 2023 to June 2024, indicating consistent control by the company’s founders and key insiders. Foreign Institutional Investors (FIIs) have increased their holdings from 13.97% in June 2023 to 15.10% in June 2024, peaking at 16.43% in March 2024, reflecting growing international interest. Domestic Institutional Investors (DIIs) have seen a slight decrease in their shareholding, from 15.36% to 14.35%, with a low of 13.28% in March 2024. Government holdings have remained minimal, with a brief increase to 0.01% in March 2024 but generally staying at 0.00%. Public shareholding has fluctuated between 7.39% and 8.61%, ending at 7.66% in June 2024. The number of shareholders has grown significantly, from 1,27,003 in June 2023 to 1,59,996 in June 2024, peaking at 1,63,880 in December 2023 before slightly decreasing to 1,50,093 in March 2024.
How to Purchase Jyothy Labs Limited Shares in India?
Below are the trading platforms that you can use to purchase Jyothy Labs Limited shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
Jyothy Labs Limited Share Price Target 2024 – 2030
Jyothy Labs Limited Share Price Target 2024
| When | Maximum Price | Minimum Price |
| August 2024 | 575.45 | 500.39 |
| September 2024 | 598.47 | 520.41 |
| October 2024 | 586.74 | 510.21 |
| November 2024 | 610.21 | 530.61 |
| December 2024 | 616.31 | 535.92 |
As we approach August 2024, Jyothy Labs Limited’s share price is expected to fluctuate between a maximum of ₹575.45 and a minimum of ₹500.39. Moving into September 2024, the share price is anticipated to rise slightly, reaching a maximum of ₹598.47 and a minimum of ₹520.41. In October 2024, the price might see a slight dip, with a maximum of ₹586.74 and a minimum of ₹510.21. As we step into November 2024, Jyothy Labs Limited’s share price is likely to increase, ranging between ₹610.21 and ₹530.61. Finally, as we approach December 2024, the share price is projected to reach a maximum of ₹616.31 and a minimum of ₹535.92.
Jyothy Labs Limited Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 622.47 | 478.82 |
| February 2025 | 628.76 | 483.66 |
| March 2025 | 641.96 | 493.82 |
| April 2025 | 635.61 | 488.93 |
| May 2025 | 617.09 | 474.69 |
| June 2025 | 644.86 | 496.05 |
| July 2025 | 632.22 | 486.32 |
| August 2025 | 651.77 | 501.36 |
| September 2025 | 659.59 | 507.38 |
| October 2025 | 676.74 | 520.57 |
| November 2025 | 693.66 | 533.59 |
| December 2025 | 724.88 | 557.60 |
As we step into January 2025, Jyothy Labs Limited’s share price is expected to range between ₹622.47 and ₹478.82. As we move through the year, prices are projected to gradually rise, reaching ₹651.77 to ₹501.36 in August 2025. By December 2025, Jyothy Labs Limited’s share price is anticipated to peak between ₹724.88 and ₹557.60.
Jyothy Labs Limited Share Price Target 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 746.62 | 574.33 |
| February 2026 | 727.96 | 559.97 |
| March 2026 | 742.52 | 571.17 |
| April 2026 | 757.67 | 582.82 |
| May 2026 | 750.17 | 577.05 |
| June 2026 | 768.92 | 591.48 |
| July 2026 | 753.85 | 579.88 |
| August 2026 | 777.16 | 597.82 |
| September 2026 | 792.70 | 609.77 |
| October 2026 | 813.31 | 625.63 |
| November 2026 | 833.65 | 641.27 |
| December 2026 | 854.49 | 657.30 |
Jyothy Labs Limited Share Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 863.03 | 663.87 |
| February 2027 | 885.16 | 680.89 |
| March 2027 | 919.68 | 707.45 |
| April 2027 | 901.65 | 693.58 |
| May 2027 | 875.39 | 673.38 |
| June 2027 | 914.78 | 703.68 |
| July 2027 | 896.84 | 689.88 |
| August 2027 | 924.58 | 711.22 |
| September 2027 | 956.94 | 736.11 |
| October 2027 | 981.82 | 755.25 |
| November 2027 | 1,006.37 | 774.13 |
| December 2027 | 1,031.53 | 793.48 |
Jyothy Labs Limited Share Price Target 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 1,052.16 | 809.35 |
| February 2028 | 1,079.14 | 830.10 |
| March 2028 | 1,121.22 | 862.48 |
| April 2028 | 1,099.24 | 845.57 |
| May 2028 | 1,067.22 | 820.94 |
| June 2028 | 1,115.25 | 857.88 |
| July 2028 | 1,093.38 | 841.06 |
| August 2028 | 1,127.19 | 867.07 |
| September 2028 | 1,166.65 | 897.42 |
| October 2028 | 1,196.98 | 920.75 |
| November 2028 | 1,226.90 | 943.77 |
| December 2028 | 1,257.58 | 967.37 |
Jyothy Labs Limited Share Price Target 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 1,282.73 | 986.71 |
| February 2029 | 1,315.62 | 1,012.01 |
| March 2029 | 1,366.93 | 1,051.48 |
| April 2029 | 1,340.12 | 1,030.87 |
| May 2029 | 1,301.09 | 1,000.84 |
| June 2029 | 1,359.64 | 1,045.88 |
| July 2029 | 1,332.98 | 1,025.37 |
| August 2029 | 1,374.21 | 1,057.08 |
| September 2029 | 1,422.30 | 1,094.08 |
| October 2029 | 1,459.28 | 1,122.53 |
| November 2029 | 1,495.77 | 1,150.59 |
| December 2029 | 1,533.16 | 1,179.35 |
Jyothy Labs Limited Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 1,563.82 | 1,202.94 |
| February 2030 | 1,603.92 | 1,233.79 |
| March 2030 | 1,666.48 | 1,281.90 |
| April 2030 | 1,633.80 | 1,256.77 |
| May 2030 | 1,586.21 | 1,220.16 |
| June 2030 | 1,657.59 | 1,275.07 |
| July 2030 | 1,625.09 | 1,250.07 |
| August 2030 | 1,675.35 | 1,288.73 |
| September 2030 | 1,733.99 | 1,333.84 |
| October 2030 | 1,779.07 | 1,368.52 |
| November 2030 | 1,823.55 | 1,402.73 |
| December 2030 | 1,869.14 | 1,437.80 |
In January 2030, Jyothy Labs Limited’s share price is expected to range between ₹1,563.82 and ₹1,202.94. As the year progresses, the price is projected to rise, reaching between ₹1,675.35 and ₹1,288.73 in August 2030. By December 2030, Jyothy Labs Limited’s share price is anticipated to peak between ₹1,869.14 and ₹1,437.80.
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 demonstrated consistent financial growth from March 2020 to March 2024. Over this period, the company’s sales steadily increased from ₹1,711 crore in March 2020 to ₹2,757 crore in March 2024, with the trailing twelve months (TTM) showing further growth to ₹2,812 crore. Expenses also rose, from ₹1,460 crore in March 2020 to ₹2,277 crore in March 2024, reflecting the company’s expansion and operational scaling.
Operating profit showed fluctuations, initially increasing to ₹315 crore in March 2021 before dropping to ₹248 crore in March 2022, and then recovering to ₹480 crore in March 2024. The Operating Profit Margin (OPM) improved from 15% in March 2020 to 17% in March 2024, with the TTM at 18%, indicating enhanced profitability. Other income saw a positive trend, particularly rising from a loss of ₹5 crore in March 2021 to ₹54 crore in March 2024.
Interest expenses declined significantly from ₹33 crore in March 2020 to just ₹5 crore in March 2024, highlighting better debt management. Depreciation remained relatively stable, around ₹50 crore annually. Profit before tax nearly tripled from ₹182 crore in March 2020 to ₹479 crore in March 2024, with the TTM showing ₹490 crore. The effective tax rate increased from 10% in March 2020 to 23% in March 2024.
Net profit also grew from ₹163 crore in March 2020 to ₹369 crore in March 2024, with a TTM figure of ₹375 crore. The earnings per share (EPS) rose from ₹4.64 in March 2020 to ₹10.06 in March 2024, indicating strong value creation for shareholders. The dividend payout ratio, however, declined from 65% in March 2020 to 35% in March 2024, possibly reflecting a strategy to retain more earnings for reinvestment in the business.
FAQs
What are the projected share price targets for Jyothy Labs Ltd in 2024?
Jyothy Labs Ltd’s projected share price targets for 2024 range from ₹500.39 to ₹616.31.
What are the expected share price targets for Jyothy Labs Ltd in 2025?
Jyothy Labs Ltd’s expected share price targets for 2025 range from ₹474.69 to ₹724.88.
What are the forecasted share price targets for Jyothy Labs Ltd in 2030?
Jyothy Labs Ltd’s forecasted share price targets for 2030 range from ₹1,202.94 to ₹1,869.14.
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Conclusion:
In conclusion, Jyothy Labs Limited has established itself as a leading player in the Indian FMCG sector, driven by innovation, quality, and a deep understanding of consumer needs. The company’s consistent financial growth, highlighted by significant volume increases, revenue uplift, and improved margins in Q1 FY25, underscores its robust market position. The shareholding patterns reveal a stable promoter presence and growing international interest, indicating confidence in the company’s future prospects. Looking ahead, the projected share prices for 2024 to 2030 show a steady upward trend, reflecting positive market expectations. Overall, Jyothy Labs remains well-positioned for continued success, supported by strong leadership and strategic reinvestments.
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