Key Financial Figures - Q2 FY27 (YoY)

  • Revenue from Operations: ₹760 crore, representing 3.3% reported value growth
  • Core portfolio growth (excluding Pril and Fa businesses): 12.4% value growth and 8.1% volume growth
  • Operating EBITDA: ₹19.2 crore
  • EBITDA Margin: 2.5%
  • Profit After Tax: ₹10.6 crore

Key Financial Figures - H1 FY27 (YoY)

  • Revenue from Operations: ₹1,533 crore, representing 3.1% reported value growth
  • Core portfolio growth (excluding Pril and Fa businesses): 10.2% value growth and 6.2% volume growth
  • Operating EBITDA: ₹83.9 crore
  • EBITDA Margin: 5.5%
  • Profit After Tax: ₹58.2 crore

Segment Performance - Q2 FY27

Fabric Care Segment (Fabric Whitener, Fabric Enhancer, Fabric Conditioner, Bar Soap, Detergent Powder, Liquid Detergent, Laundry Service)

  • Value growth: 10.4%
  • Volume growth: 6.4%
  • Growth was broad-based across the portfolio
  • Liquid detergents led category growth with strong performance across Henko, Ujala, Morelight and Mr. White brands
  • Detergent powders and bars maintained healthy momentum
  • Ujala Young and Fresh fabric conditioner continued to gain traction

Home Care Segment (Dish Wash Bar, Liquid, Gel, Powder, Scrubbers, Mosquito Repellent Coil, Liquid Vaporiser, Racquet, Aerosol, Agarbatti, Incense Sticks)

  • Underlying growth (excluding Pril sales): 15.3% value growth and 13.1% volume growth
  • Exo franchise demonstrated strong momentum with expanding distribution
  • New bio enzyme-based Exo Dishwash Liquid received encouraging consumer response
  • Maxo portfolio expanded with introduction of Maxo Agarbatti featuring government approved mosquito control formulation

Personal Care Segment (Body Soap, Hand Wash, Toothpaste)

  • Value growth: 11.2%
  • Volumes declined marginally due to pricing actions and favourable comparative base from last year's GST transition
  • Margo franchise benefited from focused brand investments and improved market visibility
  • Introduced Margo Gentle glycerine bathing soap in Argan Oil and Moringa Oil variants in select markets

Operational Context and Challenges

  • The FMCG operating environment remained challenging with uneven demand recovery
  • Unprecedented inflation in crude derivatives, palm oil, chemicals and packaging materials
  • Rural consumption continued to outperform urban markets, with signs of gradual urban recovery
  • Rising input costs and continued pressure on consumer affordability weighed on industry profitability
  • Profitability was significantly impacted by elevated commodity costs and consumption of higher cost inventories

Management Commentary and Strategy

Ms. M. R. Jyothy, Chairperson and Managing Director, stated that the company remains confident of sustaining double-digit underlying value growth in coming quarters. Management priorities include:

  • Accelerating new product launches
  • Strengthening core brands
  • Progressively restoring margins through calibrated pricing
  • Operational efficiencies and disciplined cost management
  • Maintaining financial flexibility for organic and selective inorganic growth opportunities
  • Focus on long-term shareholder value creation

Company Background

Jyothy Labs Limited is a multi-brand FMCG company listed on both BSE (Code: 532926) and NSE (Scrip Code: JYOTHYLAB). The company's portfolio includes brands such as Ujala, Exo, Henka, Margo, Maxo, Mr. White, Morelight, Neem toothpaste, Jovia, Dr. Wool and Maya across Fabric Care, Home Care, and Personal Care segments.