Jyoti Resins & Adhesives Ltd — Important, 11-05-2026: Company Update

Jyoti Resins & Adhesives discussed its Q4 and full-year FY26 performance, reporting strong Q4 revenue growth of 18% year-over-year and nearly 16% volume growth, marking its highest-ever quarterly revenue. FY26 saw an 8% volume increase. The company is undergoing a transformation, expanding its national footprint into Odisha and Chhattisgarh, and enhancing brand visibility through significant marketing. It aims to achieve INR 500 Cr+ in revenue within 2-3 years, targeting 15-20% volume growth. Raw material prices, particularly VAM, have surged by nearly 100%, with 60-70% of this increase being passed on to customers from May 1st. Receivables currently stand at 150-160 days, with efforts to normalize them to 120 days.