JAYAGROGN
Jayant Agro Organics financials
- Market cap
- ₹732 Cr
- Sector
- Chemicals
What Jayant Agro Organics Limited does
Jayant Agro-Organics manufactures and exports castor oil and value-added castor derivatives used across cosmetics, pharmaceuticals, paints, plastics, rubber, lubricants, textiles and other industries. It runs an integrated castor supply chain spanning hybrid seed development and farmer support, procurement, crushing and refining, and oil-to-chemical (O2C) processing, carried out through its own operations and subsidiary Ihsedu Agrochem Pvt Ltd (a leading castor crusher/refiner) and JV Vithal Castor Polyols Pvt Ltd. Products are sold both domestically and exported to customers across five continents.
Segments
- Castor Oil
- Derivatives
- Manufacturing sites
- 7
- R&D centres
- 1
- Products manufactured
- 90+
- New products developed (FY25)
- 10
- Total workforce
- 1,450+ (700+ permanent, 750+ contract)
- Export footprint
- 70+ countries across 5 continents
Quarterly results
Q1 FY27: revenue up 6.9%, net profit up 25.0% against the same quarter last year.
| Line item | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 294 | 305 | 295 | 331 | 254 −14% | 242 −21% | 316 +7% | 354 +7% |
| EBITDA | 25 | 26 | 22 | 26 | 21 −16% | 18 −31% | 29 +32% | 32 +23% |
| Net profit | 15 | 16 | 13 | 16 | 12 −20% | 10 −37% | 19 +46% | 20 +25% |
How to read this
₹ crore, as filed. The percentage beside a figure is the change against the same quarter a year earlier — never the quarter before, which would make every seasonal business look like it collapses and booms each year.
Performance +1.1% 1Y
1Y: ₹241.59 on 10 Sept 2025 → ₹244.13. High ₹258.18 (10 Sept 2026), low ₹149.77 (30 Mar 2026).
Financials, as filed
Revenue fell 25.6% a year over 3 years, FY23 to FY26. Operating margin widened to 8.2%.
| Year ending | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|
| Revenue | ₹2.8k Cr | ₹1.0k Cr | ₹1.2k Cr | ₹1.1k Cr |
| Operating profit | ₹97 Cr | ₹70 Cr | ₹98 Cr | ₹94 Cr |
| Operating margin | 3.5% | 7.0% | 8.1% | 8.2% |
| Interest | ₹14 Cr | ₹4 Cr | ₹6 Cr | ₹5 Cr |
| Depreciation | ₹16 Cr | ₹12 Cr | ₹14 Cr | ₹16 Cr |
| Net profit | ₹52 Cr | ₹41 Cr | ₹59 Cr | ₹57 Cr |
| Net margin | 1.9% | 4.1% | 4.9% | 5.0% |
| Cash from operations | ₹59 Cr | ₹59 Cr | ₹38 Cr | ₹50 Cr |
| Free cash flow | ₹26 Cr | ₹11 Cr | ₹18 Cr | ₹27 Cr |
| ROCE | 14.0% | 13.0% | 17.0% | 15.0% |
How to read this
From the company's own filings. Margins are computed from the filed sums; a year with an incomplete quarter is left blank rather than estimated.
Balance sheet
| Year ending | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|
| Equity capital | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr | ₹15 Cr |
| Reserves | ₹298 Cr | ₹372 Cr | ₹405 Cr | ₹431 Cr | ₹574 Cr | ₹513 Cr |
| Borrowings | ₹56 Cr | ₹32 Cr | ₹17 Cr | ₹39 Cr | ₹191 Cr | ₹58 Cr |
| Other liabilities | ₹51 Cr | ₹61 Cr | ₹52 Cr | ₹62 Cr | ₹163 Cr | ₹88 Cr |
| Total liabilities | ₹420 Cr | ₹479 Cr | ₹490 Cr | ₹547 Cr | ₹943 Cr | ₹673 Cr |
| Fixed assets | ₹161 Cr | ₹170 Cr | ₹172 Cr | ₹224 Cr | ₹310 Cr | ₹254 Cr |
| Capital work in progress | ₹19 Cr | ₹11 Cr | ₹35 Cr | ₹20 Cr | ₹18 Cr | ₹10 Cr |
| Investments | ₹15 Cr | ₹16 Cr | ₹19 Cr | ₹26 Cr | ₹13 Cr | ₹40 Cr |
| Other assets | ₹225 Cr | ₹283 Cr | ₹264 Cr | ₹279 Cr | ₹603 Cr | ₹370 Cr |
| Total assets | ₹420 Cr | ₹479 Cr | ₹490 Cr | ₹547 Cr | ₹943 Cr | ₹673 Cr |
How to read this
As filed each year. A line the company does not report — deposits for a non-lender, for instance — is left out rather than shown as a row of dashes.
Who owns it
As disclosed at Jun 2026
The ownership split has held steady since Jun 2025. The shareholder count shrank 9% to 12,572.
- Promoters
- 67.1%
- FIIs
- 0.1%
- DIIs
- 0.0%
- Public
- 32.8%
Since Jun 2025
- DIIs +0.02 pp
- Promoters +0.01 pp
- Public −0.01 pp
How it drifted, 12 quarters
Ownership split by quarter, oldest first. Sep '23: Promoters 67.1%, FIIs 0.1%, DIIs 0.0%, Public 32.8%.Dec '23: Promoters 67.1%, FIIs 0.2%, DIIs 0.0%, Public 32.7%.Mar '24: Promoters 67.1%, FIIs 0.1%, DIIs 0.0%, Public 32.8%.Jun '24: Promoters 67.1%, FIIs 0.1%, DIIs 0.0%, Public 32.8%.Sep '24: Promoters 67.1%, FIIs 0.1%, DIIs 0.0%, Public 32.8%.Dec '24: Promoters 67.1%, FIIs 0.1%, DIIs 0.0%, Public 32.8%.Mar '25: Promoters 67.1%, FIIs 0.1%, Public 32.8%.Jun '25: Promoters 67.1%, FIIs 0.1%, Public 32.8%.Sep '25: Promoters 67.1%, FIIs 0.0%, Public 32.8%.Dec '25: Promoters 67.1%, FIIs 0.0%, Public 32.8%.Mar '26: Promoters 67.1%, FIIs 0.0%, Public 32.8%.Jun '26: Promoters 67.1%, FIIs 0.1%, DIIs 0.0%, Public 32.8%.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jayant Agro Organics Limited above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Hitesh Jayraj Udeshi | 7.54% | unchanged |
| Abhay Vithaldas Udeshi | 6.90% | unchanged |
| Vikram V Udeshi | 6.44% | unchanged |
| Bharat M Udeshi | 6.44% | unchanged |
| Hemant Vithaldas Udeshi | 6.35% | unchanged |
| Subhash Vithaldas Udeshi | 6.32% | unchanged |
| Sandeep Sudhir Udeshi | 6.27% | unchanged |
| Dhayvat Hemant Udeshi | 6.20% | unchanged |
| Varun Abhay Udeshi | 6.20% | unchanged |
| Itoh Oil Chemicals Co Ltd. | 4.00% | unchanged |
| Ashok Jain | 2.18% | unchanged |
| Zaki Abbas Nasser | 2.00% | unchanged |
A holder disappearing from this list has fallen below the 1% line — it is not necessarily a sale. Percentages are of total shares, as disclosed in the company's own filing. Who was buying across the market this quarter.
What the price assumes
FairTo justify its price of ₹244, this stock must grow earnings at 3% every year for 7 years. Our analysis caps realistic growth at ~6%. At that growth it is worth ₹276 — upside of 13%.
- Growth the price implies
- 3.3% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 3.3% a year
- net profit, FY23–FY26 · EPS 5.5%
- The gap
- -0.0 pp
- 13% downside if it only repeats history
Learn to analyse Jayant Agro Organics Limited
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