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Buy Jyothy Labs Ltd For Target Rs.500 By Yes Securities Ltd Expect subdued EBITDA growth in 3Q even while volume growth improves We recently met the management of Jyothy Laboratories Ltd. (JYL). Management reemphasized about the soft demand environment & pressure on margins in the near-term. Beyond the next few quarters, JYL is confident of improving its growth trajectory with high-single digit volumes supported by come-back of pricing, premiumization and addition of category next year. Maintain BUY with unchanged target price (TP) of Rs500. ...
Buy Jyothy Labs Ltd For Target Rs.500 By Yes Securities Ltd
Buy Jyothy Labs Ltd For Target Rs.500 By Yes Securities Ltd
Source: Yes Securities Ltd
2024-12-18 11:19:19 am
Buy Jyothy Laboratories Ltd For Target Rs.496 by Geojit Financial Services Ltd Margins improved, valuation moderated Jyothy Labs Ltd. (JLL) is an Indian FMCG player with products across fabric care, dishwashing, mosquito repellents & personal care . * For Q2FY25, revenue growth was flat YoY largely, due to a high base of 11% last year. Volumes grew by 3% YoY while increased grammage and price cuts impacted value growth. Main segments, fabric care & dishwash (78% mix), along with household insecticides, witnessed flat growth while personal care declined by ...
Buy Jyothy Laboratories Ltd For Target Rs.496 by Geojit Financial Services Ltd
Buy Jyothy Laboratories Ltd For Target Rs.496 by Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-12-10 10:35:35 am
Buy Jyothy Labs Ltd For Target Rs. 620 By Sushil Finance Highlights from the Quarter (Q2FY25): Jyothy Labs Ltd (JLL) reported a flat quarterly net revenue of Rs.746.3cr for Q2FY25, marginally lower by 1.2% YoY and flat on a QoQ basis. The company reported an EBITDA of Rs.151.0cr for the quarter vs Rs.148.6cr for the same quarter in the previous year, and Rs.147.2cr in the preceding quarter. Subsequently, the company posted a net profit of Rs.105.0cr for the quarter. The company observed a 0.2% value growth and 3% volume growth this quarter again...
Buy Jyothy Labs Ltd For Target Rs. 620 By Sushil Finance
Buy Jyothy Labs Ltd For Target Rs. 620 By Sushil Finance
Source: Sushil Finance
2024-12-03 12:57:10 pm
Neutral Jyothy Laboratories Ltd For Target Rs. 500 By Motilal Oswal Financial Services Ltd Miss on sales; focus on volume-driven growth Jyothy Laboratories (JYL) reported flat sales YoY (miss) in 2QFY25. It posted a five-year CAGR of 10%. Volume growth was at 3%, on account of a high base (+11% in 1QFY25, +9% in 2QFY24) and muted consumer demand. Jul’24 saw muted performance, impacted by flooding in the South (40% sales contribution), while Sept’24 delivered double-digit volume growth. Oct’24 volume growth is expected in the mid- to highsingle digits, supported...
Neutral Jyothy Laboratories Ltd For Target Rs. 500 By Motilal Oswal Financial Services Ltd
Neutral Jyothy Laboratories Ltd For Target Rs. 500 By Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
2024-12-03 10:41:58 am
Diwali Pick 2024 : Buy Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Ltd Innovating products across categories and moving up the ladder Jyothy Labs Ltd is one of India's leading FMCG companies, established in 1983 with the single brand ‘Ujala’. Over the time, it has evolved into a multi-brand company across different categories, expanding into the manufacturing and marketing of products. The company has diversified into categories such as fabric care, dishwashing, household insecticides, and personal care. Some of its leading brands include Ujal...
Diwali Pick 2024 : Buy Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Ltd
Diwali Pick 2024 : Buy Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Ltd
Source: Religare Broking Ltd
2024-10-29 11:38:15 am
Jyothy Labs rises on inking pact with Smartwash Solutions for acquiring brand ‘Quiclo’ Jyothy Labs is currently trading at Rs. 549.45, up by 5.85 points or 1.08% from its previous closing of Rs. 543.60 on the BSE. The scrip opened at Rs. 552.75 and has touched a high and low of Rs. 554.00 and Rs. 546.80 respectively. So far 1099 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 595.00 on 11-Sep-2024 and a 52 week low of Rs. 332.80 on 26-Oct-2023. Last one week high and low of the scrip stood at Rs. ...
Jyothy Labs rises on inking pact with Smartwash Solutions for acquiring brand ‘Quiclo’
Jyothy Labs rises on inking pact with Smartwash Solutions for acquiring brand ‘Quiclo’
Source: Accord Fintech
2024-09-20 09:57:03 am
Accumulate Jyothy Labs Ltd For Target Rs.. 645 By Geojit Financial Services Ltd Healthy performance continues… Jyothy Labs Ltd. (JLL) is an Indian FMCG player with products across fabric care, dishwashing, mosquito repellents & personal care. * We revise our target price to Rs.645 (from Rs. 478), maintaining our Accumulate rating considering the good performance in the quarter. * For Q1FY25, revenue grew by 8%YoY, mainly driven by volume. Main segments, fabric care and dishwash (77% of total sales), grew by ~9% and ~7% YoY, respectively. Personal care...
Accumulate Jyothy Labs Ltd For Target Rs.. 645 By Geojit Financial Services Ltd
Accumulate Jyothy Labs Ltd For Target Rs.. 645 By Geojit Financial Services Ltd
Source: Geojit Financial Services Ltd
2024-08-13 04:05:09 pm
Accumulate Jyothy Labs Ltd For Target Rs. 624 By Religare Broking Strong performance along with healthy growth in volumes; Maintain Accumulate Robust revenue performance: Jyothy Labs posted strong performance as Q1FY25 revenue saw an improvement of 8% YoY and volume growth of 10.8% YoY while on the sequential basis revenue grew by 12.4% to Rs 742cr. Amongst segments, fabric care, dishwashing and personal care drove the growth as compared last year while sequentially personal care, fabric care and dishwashing witnessed growth while subdued growth in home ...
Accumulate Jyothy Labs Ltd For Target Rs. 624 By Religare Broking
Accumulate Jyothy Labs Ltd For Target Rs. 624 By Religare Broking
Source: Religare Broking
2024-08-09 02:00:35 pm
Neutral Jyothy Laboratories Ltd For Target Rs.565 By Motilal Oswal Financial Services In-line performance; focus on volume-driven growth * Jyothy Laboratories (JYL) reported a revenue growth of 8% YoY (in line) in 1QFY25. It delivered a volume growth of 11% and continued to focus on volume-led growth to gain market share across categories. The company is not expecting price hike-led growth in FY25. * Fabric care delivered 9% growth, with growth from both main-wash and post-wash categories. Dish-wash growth stood at 7% YoY, led by LUPs. Exo's market share in the easte...
Neutral Jyothy Laboratories Ltd For Target Rs.565 By Motilal Oswal Financial Services
Neutral Jyothy Laboratories Ltd For Target Rs.565 By Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services Ltd
2024-07-30 05:19:13 pm
Accumulate Jyothy Labs Ltd For Target Rs. 624 By Motilal Oswal Financial Services Strong performance along with healthy growth in volumes; Maintain Accumulate Robust revenue performance: Jyothy Labs posted strong performance as Q1FY25 revenue saw an improvement of 8% YoY and volume growth of 10.8% YoY while on the sequential basis revenue grew by 12.4% to Rs 742cr. Amongst segments, fabric care, dishwashing and personal care drove the growth as compared last year while sequentially personal care, fabric care and dishwashing witnessed growth while subdued growth in home ...
Accumulate Jyothy Labs Ltd For Target Rs. 624 By Motilal Oswal Financial Services
Accumulate Jyothy Labs Ltd For Target Rs. 624 By Motilal Oswal Financial Services
Source: Religare Broking Ltd
2024-07-29 03:08:55 pm
Buy Jyothy Labs Ltd For Target Rs.620 By Sushil Finance Robust distribution network to help boost sales and market share Jyothy Lab Ltd's (JLL) direct reach has crossed 1.2 million outlets in FY24 from 1.1 million outlets in FY23. The company will continue to increase its direct distribution by 8-10% in the coming years, adding up and around 1 lakh outlets every year. A few years ago, the company upgraded to the Distributor Management System (DMS), which substantially enhanced sales efficiency as well as led to an increase in secondary sale...
Buy Jyothy Labs Ltd For Target Rs.620 By Sushil Finance
Buy Jyothy Labs Ltd For Target Rs.620 By Sushil Finance
Source: Sushil Financial Services
2024-07-13 12:36:29 pm
Neutral Jyothy Laboratories Ltd. For Target Rs.475 - Motilal Oswal Financial Services Performance below estimates; focus on volume-driven growth * Jyothy Laboratories (JYL) reported lower-than-expected revenue and margin in 4QFY24. Revenue grew 7% YoY to INR6.6b, led by 7% volume growth. In FY24, JYL delivered 11%/9% YoY revenue/volume growth. * Fabric care sustained double-digit growth (10%); JYL focused on value in main-wash and expanded into new territories for the post-wash category. Dishwash growth was slow at 6%; the company focused on driving growth through LUPs....
Neutral Jyothy Laboratories Ltd. For Target Rs.475 - Motilal Oswal Financial Services
Neutral Jyothy Laboratories Ltd. For Target Rs.475 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-29 11:20:57 am
Neutral Jyothy Laboratories Ltd. For Target Rs.475 - Motilal Oswal Financial Services Performance below estimates; focus on volume-driven growth * Jyothy Laboratories (JYL) reported lower-than-expected revenue and margin in 4QFY24. Revenue grew 7% YoY to INR6.6b, led by 7% volume growth. In FY24, JYL delivered 11%/9% YoY revenue/volume growth. * Fabric care sustained double-digit growth (10%); JYL focused on value in main-wash and expanded into new territories for the post-wash category. Dishwash growth was slow at 6%; the company focused on driving growth through LUPs....
Neutral Jyothy Laboratories Ltd. For Target Rs.475 - Motilal Oswal Financial Services
Neutral Jyothy Laboratories Ltd. For Target Rs.475 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
2024-06-28 02:33:49 pm
Buy Jyothy Labs Ltd For Target Rs.550 - Religare Broking Ltd Mixed revenue performance: Jyothy Labs posted mixed performance as Q4FY24 revenue saw an improvement of 7% YoY and volume growth of 7% YoY. But, the sequential growth was muted as it de-grew by 2.6% to Rs 660cr. Amongst segments, fabric care, dishwashing and personal care drove the growth as compared last year while sequentially home insecticides witnessed growth while subdued growth across all other segments impacted topline. Margin improved YoY but subdued QoQ: Its Q4FY24 gross profit in...
Buy Jyothy Labs Ltd For Target Rs.550 - Religare Broking Ltd
Buy Jyothy Labs Ltd For Target Rs.550 - Religare Broking Ltd
Source: Religare Broking
2024-05-22 10:54:26 am
Buy Jyothy Labs Ltd For Target Rs. 540- Elara Capital Good performance now priced in Fabric and personal care drive strong revenue growth Jyothy Labs’ (JYL IN) Q3 revenue grew 10.6% YoY as volume rose 11% YoY, on robust growth in personal care, up 22.3% YoY and fabric care, up 11.9% YoY. Growth in fabric care was aided by growth in post wash and main wash brands, as JYL focused on value offerings in the mid-price detergent powder and premium portfolio of liquid detergents. The dishwashing segment grew 6.7% YoY, hit by increased competit...
Buy Jyothy Labs Ltd For Target Rs. 540- Elara Capital
Buy Jyothy Labs Ltd For Target Rs. 540- Elara Capital
Source: Elara Capital
2024-02-11 02:45:11 pm
Sell Jyothy Labs Ltd For Target Rs.405 - Geojit Financial Services Robust performance at higher valuation Jyothy Labs Ltd. (JLL) is an Indian FMCG player with products across fabric care, dishwashing, mosquito repellents & personal care , dishwashing, mosquito repellents & personal care. * We revise our target price to Rs.405 (from Rs. 290), considering healthy topline growth & strong margins, but maintain our SELL rating due to sharp increase in valuation. * For Q2FY24, revenue grew by 11%YoY (consistent double-digit growth in the la...
Sell Jyothy Labs Ltd For Target Rs.405 - Geojit Financial Services
Sell Jyothy Labs Ltd For Target Rs.405 - Geojit Financial Services
Source: Geojit Financial Services
2023-11-16 04:05:13 pm
Accumulate Jyothy Labs Ltd For Target Rs.466 - Religare Broking Ltd Revenue growth in double digit: Jyothy Labs posted Q2FY24 revenue at Rs 732cr, up by 11% YoY and 6.6% QoQ driven by volumes growth of 9% YoY. The topline performance was strongly led by growth across segments like fabric care, dishwashing & personal care except for household insecticides whose numbers were mixed. Robust margin growth: Gross profit grew by 35%/9.6% YoY/QoQ to Rs 360cr with margin improvement of 870bps YoY/135bps QoQ to 49.2% led by decrease in raw material prices and st...
Accumulate Jyothy Labs Ltd For Target Rs.466 - Religare Broking Ltd
Accumulate Jyothy Labs Ltd For Target Rs.466 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-11-16 03:47:13 pm
Buy Jyothy Labs Ltd For Target Rs.428 - Religare Broking Ltd Jyothy Labs Ltd is one of the leading Indian FMCG Companies founded in 1983 with a single brand ?Ujala?. Over the years, it evolved into multi brands and different categories as well as started manufacturing and marketing of products. It evolved into categories such as Fabric care, Dishwashing, Household Insecticides and Personal care while some of its leading brands includes Ujala, Exo, Henko, Pril, Margo, Maxo , Mr. White, MoreLight, Neem, and Maya which are well-known and established ...
Buy Jyothy Labs Ltd For Target Rs.428 - Religare Broking Ltd
Buy Jyothy Labs Ltd For Target Rs.428 - Religare Broking Ltd
Source: Religare Broking Ltd
2023-10-02 12:42:19 pm
Buy Jyothy Labs Ltd For Target Rs.345 - Geojit Financial Services Ltd We recently had an interaction with Mr. Sanjay Agarwal, CFO of Jyothy Labs, about recent developments at the company. Here are the key takeaways:* The company plans to further expand in the personal care category. Currently, JYL derives 45% of its revenue from fabric care, 35% from dishwashing products, 10% from household insecticides, and the remaining 10% from personal care items.* The southern region accounts for 40% of JYL?s total business, while the remaining 60% is distributed acro...
Buy Jyothy Labs Ltd For Target Rs.345 - Geojit Financial Services Ltd
Buy Jyothy Labs Ltd For Target Rs.345 - Geojit Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
2023-09-22 02:40:04 pm