Jyothy Labs - 4QFY21 by Mr. Amarjeet Maurya, Angel Broking
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Below are Views On Jyothy Labs - 4QFY21 by Mr. Amarjeet Maurya - AVP - Mid Caps, Angel Broking Ltd
During the 4QFY21, Jyothy Labs Ltd (JLL) reported revenue of ~Rs4,95cr (up ~26% YoY) on back of healthy growth in FMCG. On the EBITDA front, the company has reported EBITDA margin at 14.3%, which is up by 300bps yoy due to lower operating costs. On the bottom-line front, PAT grew by ~3% to Rs27.3cr. Overall 4Q results were in line with expectation on the top-line front, however bottom-line disappointed. Hence, we are neutral on stock.
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