Jyothy Labs Limited — Investor Meet, 15-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Jyothy Labs reported consolidated revenue of Rs. 667 Cr in Q4, with 1.1% value and 4% volume growth; FY25 saw 3.3% value and 6.4% volume growth. Fabric Care and Dish Wash segments led growth, driven by liquid detergent’s rapid expansion in South India. Gross margin hovered near 50%, EBITDA margin improved slightly to 16.8% in Q4 and 17.5% for the year. The company remains debt-free, holding Rs. 757 Cr in cash. Management flagged input cost pressures, selective price hikes, and focus on affordable formats and new launches. Household Insecticides are being optimized, with growth targeted in liquid vaporizers while coils decline. Working capital days increased to 18. Volume growth is expected mid-single digits in H1 FY26, improving to double digits in H2, with stable ad spends near 8.5%-9%. The tone is cautiously optimistic, emphasizing cost control, category expansion, and innovation.