Jayant Agro-Organics Limited is an emerging global oleochemical company with leadership in the castor-based specialty chemicals industry. A member company of the Jayant Oil Mills Group, Jayant Agro Organics Ltd (JAOL) was incorporated in May 1992 and promoted by V.G. Udeshi, B.M. Kapadia, and H.V. Udeshi. The Company is mainly engaged in manufacturing and trading Castor Oil and its derivatives such as oleochemicals.
The company stands out as a global oleochemical company with a strong foothold in the castor-based specialty chemicals industry. JAOL is an export-oriented company with a presence in over 70 countries. In FY23, the company manufactured 80+ products, with 5 new launches. With proven research capabilities, strict adherence to stringent quality controls conforming to International Standards, and a flawless record of honoring delivery schedules, Jayant Agro-Organics Ltd. is a preferred partner worldwide for sourcing castor oil and castor oil derivatives.
The company's financial performance demonstrates steady growth.
Key Financial Metrics:
* Market Capitalization: ₹831.90 crores (as of January 10, 2025)
* PE Ratio: 15.05
* PB Ratio: 1.52
* 52-Week High: ₹356.70
* 52-Week Low: ₹201.31
Annual Results for FY25:
* Sales: Rose 17.59% to ₹2528.15 crore in the year ended March 2025, compared to ₹2150.04 crore in the previous year (FY24).
* Net Profit: Rose 6.95% to ₹54.91 crore in the year ended March 2025, compared to ₹51.34 crore in the previous year (FY24).
Quarter-wise Performance (Q4 FY25):
* Net Profit: Declined 25.79% to ₹11.48 crore in the quarter ended March 2025, compared to ₹15.47 crore in the previous quarter (Q3 FY25).
* Sales: Rose 1.27% to ₹634.00 crore in the quarter ended March 2025, compared to ₹626.05 crore in the previous quarter (Q3 FY25).
Jayant Agro-Organics Limited offers various products, including Castor Meal, Castor Oil, Ethoxylated Castor Oil, Glycerin, Hydrogenated Castor Oil, 12-Hydroxy Stearic Acid, Blown Castor Oil, Jagrolube, Sebacic Acid, 2-Octanone, Dehydrated Castor Oil, HIOL Fatty Acid, Jagropol, and Ricinoleic Acid. Its castor oil and derivatives cater to diverse sectors such as cosmetics, food, electronics and telecommunications, textiles, rubber, engineering, automobiles, furniture, adhesives, paints, plastics, and construction.
The company operates a modernized unit in Palanpur, Gujarat, for Blown Castor Oil production and Solvent Extraction Units. It also has two Castor Oil Derivatives manufacturing units in Baroda, Gujarat. The company boasts an integrated manufacturing program, from the crushing of castor seeds to the production of castor derivatives. It operates through three segments: Castor Oil, Derivatives, and Power Generation.
Jayant Agro-Organics Limited houses the only R&D center dedicated to castor, recognized by the Department of Scientific & Industrial Research (DSIR), Ministry of Science & Technology, Govt. of India, and is ISO 9001:2015 certified. Its R&D activity enables the company to fully exploit the benefits of the unique chemistry of castor oil and forms a backbone for future development and growth. The research has been responsible for identifying and developing an increasing number of applications for castor oil derivatives and for promoting import-substitution products.
With a strong distribution network and quality conforming to international standards, the company exports its products to more than 40 countries worldwide. Jayant Agro-Organics is a leading manufacturer and exporter of castor oil and its derivatives, with over 50 years of experience. By September 1993, it had acquired the status of a 100% Export Oriented Unit.
In the main management, Abhay V. Udeshi serves as Chairman, and Dinesh M. Kapadia is the Company Secretary for Jayant Agro Organics Ltd. Mr. Abhay V. Udeshi holds a B.E. in Chemical Engineering and an M.S. (University of Baroda), bringing over three decades of industry experience. He leads the marketing and sales of castor oil and castor-based products, is the President of the ICOA for the last three years, and is the Chairman of the Solvent Extractors Association Castor Seed & Oil Promotion Council.
Promoter Holding: Promoter holding in Jayant Agro Organics Ltd has gone up to 67.13% as of March 2025 from 67.13% as of September 2024.
Jayant Agro Organics announced that the Board of Directors, at its meeting held on May 24, 2025, recommended a final dividend of ₹2.5 per equity Share (i.e., 50%), subject to the approval of the shareholders. The company has been maintaining a healthy dividend payout of 28.9%.
Its subsidiaries include Ihsedu Agrochem Pvt Ltd, Ihsedu Coreagri Services Pvt Ltd, Ihsedu Itoh Green Chemicals Marketing Pvt. Ltd, JACACO Private Limited, and Jayant Speciality Products Private Limited.
Castor oil, being a non-edible oil, does not impact the food supply. Furthermore, castor is a renewable, agro-based material and thus is a valuable, sustainable resource for various applications. The company is committed to creating innovative, environment-friendly, and cost-effective processes.
Jayant Agro Organics Ltd represents a unique investment opportunity in the specialty chemicals sector with its focus on castor-based products, strong R&D capabilities, and established global presence across multiple industries. The company's integrated manufacturing approach and consistent dividend policy make it an attractive proposition for investors seeking exposure to the oleochemical industry.
