JYOTIRES
Jyoti Resins & Adhesives share price & financials
- Price
- ₹967.55
- Market cap
- ₹1.0k Cr
- Sector
- Chemicals
Quarterly results
Q1 FY27: revenue up 17.3%, net profit down 29.4% 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 | 65 | 71 | 79 | 75 | 74 +14% | 72 +1% | 93 +18% | 88 +17% |
| EBITDA | 19 | 22 | 24 | 21 | 20 +5% | 19 −14% | 25 +4% | 13 −38% |
| Net profit | 16 | 19 | 20 | 17 | 17 +6% | 15 −21% | 20 +0% | 12 −29% |
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 −31.6% 1Y
1Y: ₹1,269.45 on 10 Sept 2025 → ₹867.85. High ₹1,295.05 (19 Sept 2025), low ₹703.7 (30 Mar 2026).
Financials, as filed
Revenue grew 10.5% a year over 2 years, FY24 to FY26. Operating margin narrowed to 27.1%.
| Year ending | FY24 | FY25 | FY26 |
|---|---|---|---|
| Revenue | ₹257 Cr | ₹284 Cr | ₹314 Cr |
| Operating profit | ₹84 Cr | ₹88 Cr | ₹85 Cr |
| Operating margin | 32.7% | 31.0% | 27.1% |
| Interest | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Depreciation | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Net profit | ₹67 Cr | ₹74 Cr | ₹69 Cr |
| Net margin | 26.1% | 26.1% | 22.0% |
| Cash from operations | ₹27 Cr | ₹15 Cr | ₹48 Cr |
| Free cash flow | ₹25 Cr | ₹13 Cr | ₹44 Cr |
| ROCE | 66.0% | 50.0% | 36.0% |
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 | ₹4 Cr | ₹4 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr | ₹12 Cr |
| Reserves | ₹40 Cr | ₹59 Cr | ₹94 Cr | ₹154 Cr | ₹241 Cr | ₹277 Cr |
| Borrowings | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Other liabilities | ₹100 Cr | ₹89 Cr | ₹105 Cr | ₹125 Cr | ₹129 Cr | ₹137 Cr |
| Total liabilities | ₹144 Cr | ₹152 Cr | ₹211 Cr | ₹292 Cr | ₹382 Cr | ₹426 Cr |
| Fixed assets | ₹39 Cr | ₹46 Cr | ₹47 Cr | ₹48 Cr | ₹49 Cr | ₹50 Cr |
| Capital work in progress | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr |
| Investments | ₹3 Cr | ₹0 Cr | ₹0 Cr | ₹0 Cr | ₹4 Cr | ₹47 Cr |
| Other assets | ₹102 Cr | ₹105 Cr | ₹163 Cr | ₹243 Cr | ₹329 Cr | ₹329 Cr |
| Total assets | ₹144 Cr | ₹152 Cr | ₹211 Cr | ₹292 Cr | ₹382 Cr | ₹426 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
Since Jun 2025, promoters added +3.54 pp while the public trimmed −2.37 pp. The shareholder count shrank 8% to 44,791.
- Promoters
- 54.4%
- FIIs
- 0.1%
- DIIs
- 0.1%
- Public
- 45.5%
Since Jun 2025
- Promoters +3.54 pp
- Public −2.37 pp
- DIIs −1.14 pp
How it drifted, 12 quarters
Over this window promoters went from 50.8% to 54.4% — +3.5 pp.
Ownership split by quarter, oldest first. Sep '23: Promoters 50.8%, FIIs 0.5%, Public 48.7%.Dec '23: Promoters 50.8%, FIIs 0.3%, Public 48.9%.Mar '24: Promoters 50.8%, FIIs 0.3%, DIIs 0.1%, Public 48.8%.Jun '24: Promoters 50.8%, FIIs 0.3%, DIIs 0.1%, Public 48.8%.Sep '24: Promoters 50.8%, FIIs 0.3%, DIIs 0.4%, Public 48.4%.Dec '24: Promoters 50.8%, FIIs 0.1%, DIIs 0.5%, Public 48.5%.Mar '25: Promoters 50.8%, FIIs 0.1%, DIIs 0.8%, Public 48.3%.Jun '25: Promoters 50.8%, FIIs 0.1%, DIIs 1.2%, Public 47.9%.Sep '25: Promoters 53.9%, FIIs 0.0%, DIIs 0.9%, Public 45.1%.Dec '25: Promoters 53.9%, FIIs 0.0%, DIIs 1.0%, Public 45.0%.Mar '26: Promoters 54.4%, FIIs 0.1%, DIIs 0.4%, Public 45.1%.Jun '26: Promoters 54.4%, FIIs 0.1%, DIIs 0.1%, Public 45.5%.
Who bought this quarter
since Mar 2026
Disclosed holders that added to a position or appeared on the register for the first time, biggest addition first.
- Utkarsh J Patel newly disclosed 0.19% held
The same filing shows 0 holders trimming and 1 off the list — both are in the register beside this.
Who is on the register
Named in the Jun 2026 filing
Every holder of Jyoti Resins & Adhesives Ltd above SEBI's 1% disclosure line, and what changed since Mar 2026.
| Holder | Stake | Change |
|---|---|---|
| Jagdish Nathalal Patel | 22.25% | unchanged |
| Jyotika Jagdish Patel | 10.81% | unchanged |
| Priyanka Utkarshkumar Patel | 10.56% | unchanged |
| Utkarshkumar Jagdishbhai Patel | 10.38% | unchanged |
| Udita Tapan Patel | 6.02% | unchanged |
| Anirudh Mohta | 2.80% | unchanged |
| Utkarsh J Patel | 0.19% | newly disclosed |
| Jagdishkumar N Patel Huf | 0.17% | unchanged |
| Subhadra Ramanlal Patel | 0.00% | unchanged |
| Utkarsh J Patel Huf | — | off the list |
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
ExpensiveTo justify its price of ₹868, this stock must grow earnings at 10% every year for 7 years. Our analysis caps realistic growth at ~2%. At that growth it is worth ₹572 — downside of 34%.
- Growth the price implies
- 9.8% a year
- for 7 years, fading to 4%
- It has actually compounded at
- 1.5% a year
- net profit, FY24–FY26 · EPS 2.1%
- The gap
- 0.1 pp
- -34% downside if it only repeats history
Learn to analyse Jyoti Resins & Adhesives Ltd
Guides on how to read this kind of business and the numbers that matter.