Jyothy Labs Limited was founded in 1983 by M.P. Ramachandran in Thrissur, Kerala, and has emerged as one of India's prominent fast-moving consumer goods (FMCG) companies. The company is a renowned brand in the domestic FMCG industry with a diversified product portfolio spanning four major categories of fabric care, dishwashing, household insecticides, and personal care, and maintains an established market position in the post-wash segment under the Ujala brand and the dishwashing segments under Pril and Exo brands.
The company has built a strong presence across both urban and rural markets in India, with its products reaching millions of households nationwide. Under the visionary leadership of its founder M.P. Ramachandran, the company has grown from humble beginnings to become trusted by millions across India, focusing on innovation, quality, and affordability to make its products widely accessible to consumers.
The Fabric Care segment represents 44% of revenue in 9M FY25 compared to 37% in FY22, offering fabric whitener, fabric enhancer, bar soap, detergent powder, and liquid detergents under key brands Ujala and Henko. The company has expanded its liquid detergent line to include Mr. White and Morelight brands, with its fabric whitener Ujala Supreme leading the category with an 84% market share and Ujala Detergent holding a 22.9% market share in Kerala.
The Dishwashing segment offers dish wash bars, gels, and liquids, as well as dish wash scrubbers and powders under the Pril and Exo brands. This segment has established a strong foothold in the Indian market, with products designed to tackle household cleaning challenges effectively.
The Household Insecticides segment offers mosquito repellent coils, liquids, and insect repellent sticks, as well as surface cleaners and air care products under the Maya, T-Shine, and Maxo brands. The company has launched extensions in the household insecticide segment under the brand name Maxo - Liquid and Aerosol.
The Personal Care segment provides body soaps, toothpastes, deodorants, talcum powders, after shave products, and hand washes under the Margo, Fa, and Neem Active brands. The company has been innovating in personal care from its early stages, with brands like Margo, Neem, and Fa having deep roots in the category.
The Others segment offers incense sticks under the Maya brand, toilet and floor cleaner products, and provides dry cleaning and laundry services under the Fabric Spa brand.
M.R. Jyothy, who has a Post-graduate degree in management with an additional diploma in Family Managed Business Administration and completed the Owner/President Management Programme from Harvard Business School, was unanimously chosen to lead the company as Managing Director effective April 1, 2020, after a successful stint in sales and marketing for 15 years. She has been the principal architect behind all product innovations from Jyothy Labs since 2009.
For the full year ended March 2025, net profit rose 0.27% to ₹370.43 Crore compared to ₹369.45 Crore in the previous year, while sales rose 3.27% to ₹2,846.98 Crore compared to ₹2,756.93 Crore in the previous year.
For Q4 FY25, net profit declined 2.38% to ₹76.30 Crore compared to ₹78.16 Crore in the previous year, while sales rose 1.06% to ₹666.96 Crore compared to ₹659.99 Crore in Q4 FY24.
For Q3 FY25, net profit declined 3.83% to ₹87.41 Crore compared to ₹90.89 Crore in the previous year, while sales rose 3.98% to ₹704.45 Crore compared to ₹677.50 Crore in Q3 FY24.
- Revenue (FY25): ₹2,846.98 Crore
- Net Profit (FY25): ₹370.43 Crore
- Market Capitalization: ₹12,516.51 Crore as of July 4, 2025.
- Dividend Yield: 1.03% as of July 4, 2025.
- 52-Week High/Low: ₹595.85 (high) and ₹300.10 (low).
Jyothy Labs has several popular brands including Ujala, Henko, Margo, Pril, Mr. White, Maxo, Exo, and Maxo Plus. Ujala is the company's flagship brand widely used for fabric whitening. Henko is popular for its stain-removal properties, Margo is a leading skin care brand offering soaps, lotions, and creams, and Pril is a dish-washing liquid brand offering superior cleaning power.
Promoter holding in Jyothy Labs has remained stable at 62.89% as of March 2025, unchanged from June 2024. The company maintains strong corporate governance practices and regular investor communication through quarterly results and analyst meetings.
The company has launched new products including 'Jovia' under its Personal Care category and 'Maxo Anti-Mosquito Racquet' under its Household Insecticide category. In April 2023, the company launched 3 new variants under Margo Neem Naturals product comprising Neem, Almond Oil, Rose, Honey, Lemon, Aloe Vera and Jasmine.
During FY 2022-23, Jyothy Fabricare Services Limited, a wholly-owned subsidiary, was merged with Jyothy Labs Limited through a Scheme of Amalgamation effective from February 24, 2023.
Axis Securities has issued a buy recommendation for Jyothy Labs with a target price of ₹405 as of April 2025, expecting healthy revenue and profit growth driven by improved product mix and operational efficiency, despite near-term risks from rising palm oil prices. The company continues to focus on expanding its product portfolio and strengthening its market position across various FMCG categories.
