In the past 10 years, this Stock has risen by 30,016 percent from trading at Rs. 4.12 per share in April of 2015 to now trading at Rs. 1,240.80 per share, a rise of 30,016 percent in 10 Years.
If an investor had put Rs. 1 lakh into the stock, that Rs. 1 Lakh would have turned to a staggering Rs. 3 Crore in 10 years, an absolute return of 30,017 percent, and a CAGR (Compounded Annual Growth Rate) return of 76.89 percent for the last 10 years.
With a market cap of Rs. 1,490 Crores, the stock of Jyoti Resins is trading at Rs. 1240.80 and in the past 1 year has given -10 percent return, and the past 5-year return for the stock stands at 2,765 percent.
About the Company
Jyoti Resins and Adhesives Ltd is a leading Indian manufacturer specializing in synthetic resin and wood adhesives. Established in 1993 and headquartered in Ahmedabad, Gujarat, the company operates under the well-known brand EURO7000, introduced in 2006.
Company Highlights
The company has its presence in 14 States with 42 branches across all the states. It has 60 Distributors with a sales force of 400 People, 12,000 Retailers, and 3,50,000 Carpenters.
This brand has become one of India’s top-selling wood adhesive lines in the retail segment, offering products such as EURO XTRA, EURO WP 2IN1, EURO EXTREME 3, EURO ULTRA 5IN1, and EURO PVC GLUE.
Owing to sharp demand, the company stated that they will enhance production capacity from the current capacity of 2000 TPM and foray into new states with an increase in branches and distributors. Over the next 3-5 years, they are targeting 20-25 percent volume growth with FY24 as the base.
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Financial Highlights
The company reported a 14.51 percent YoY increase in revenue from Rs. 62 Crore in Q3FY24 to Rs. 71 Crore in Q3FY25. On a QoQ basis, the company reported an increase of 9.23 percent in revenue from Rs. 65 Crore in the previous quarter.
Their Net profit saw an increase of 18.75 percent YoY from Rs. 16 Crore to Rs. 19 Crore for the same period. On a QoQ basis, the company reported an increase of 18.75 percent in Net profit from Rs. 19 Crore in the previous quarter.
Shareholding Pattern
As of Q4 FY25, the largest Shareholders in the Company are the Promoters with 50.83 percent holdings, FIIs, and DIIs (Foreign Institutional Investors & Domestic Institutional Investors) only hold 0.10 percent and 0.77 percent respectively, Public shareholders hold 48.30 percent. The total number of shareholders in the Company is 50,341.
Written By Abhishek Das
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