Jyoti Resins & Adhesives (JYOTIRES)₹861.45−1.07%Specialty Chemicals
In the Jun 2026 quarter (standalone), Jyoti Resins & Adhesives reported sales of ₹88.23 Cr, up 17.4% from Jun 2025, and net profit of ₹11.97 Cr, down 29.5% year on year. For the year to Mar 2026, sales were ₹316 Cr and net profit ₹69.90 Cr.
Company filings, standalone accounts; latest reported quarter Jun 2026
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 63.16 | 62.16 | 71.25 | 69.15 | 65.23 | 71.20 | 79.25 | 75.17 | 74.18 | 72.26 | 93.31 | 88.23 |
| Expenses | 41.95 | 40.95 | 49.93 | 45.95 | 45.93 | 48.98 | 53.95 | 53.94 | 53.97 | 52.94 | 67.89 | 74.94 |
| Operating Profit | 21.09 | 21.08 | 21.08 | 23.08 | 19.07 | 22.08 | 24.07 | 21.06 | 20.06 | 19.07 | 25.08 | 13.05 |
| OPM % | 34.1% | 33.1% | 30.1% | 34.1% | 30.1% | 32.1% | 31.1% | 27.1% | 28.1% | 26.0% | 27.1% | 14.1% |
| Other Income | 1.01 | 1.01 | 4.01 | 2.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 3.01 | 2.01 | 3.01 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 |
| Profit before tax | 21.98 | 21.99 | 24.99 | 24.98 | 21.98 | 24.98 | 26.98 | 22.98 | 22.99 | 20.99 | 26.99 | 14.99 |
| Tax % | 26.0% | 24.0% | 24.9% | 24.9% | 25.0% | 24.0% | 26.9% | 24.9% | 25.9% | 28.0% | 25.0% | 24.0% |
| Net Profit | 15.97 | 15.96 | 18.95 | 18.96 | 15.96 | 18.95 | 19.96 | 16.97 | 16.95 | 14.97 | 19.97 | 11.97 |
| EPS (Rs) | 13.47 | 13.68 | 15.65 | 15.64 | 13.59 | 15.86 | 16.49 | 14.49 | 14.29 | 12.80 | 16.72 | 9.78 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 46.11 | 41.13 | 54.18 | 69.18 | 74.17 | 101 | 183 | 262 | 258 | 285 | 316 | 328 |
| Expenses | 44.99 | 39.93 | 51.95 | 65.92 | 61.94 | 90.85 | 158 | 201 | 173 | 195 | 230 | 250 |
| Operating Profit | 1.01 | 1.01 | 2.01 | 3.01 | 12.05 | 10.04 | 24.08 | 61.21 | 84.31 | 90.27 | 85.27 | 77.26 |
| OPM % | 2.7% | 3.2% | 3.2% | 4.2% | 16.1% | 10.1% | 13.1% | 23.1% | 33.1% | 32.1% | 27.1% | 23.6% |
| Other Income | 0.00 | 0.00 | 0.00 | 1.01 | 0.00 | 6.01 | 3.01 | 2.01 | 7.01 | 11.01 | 12.01 | 11.04 |
| Interest | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 1.99 | 0.99 |
| Profit before tax | 0.00 | 0.99 | 0.99 | 2.99 | 10.99 | 15.99 | 25.99 | 60.96 | 89.98 | 98.93 | 94.97 | 85.96 |
| Tax % | 32.9% | 31.0% | 30.0% | 27.9% | 26.9% | 24.9% | 25.0% | 23.9% | 24.9% | 24.9% | 26.0% | — |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Net Profit | 0.00 | 0.00 | 0.99 | 1.99 | 7.98 | 11.97 | 19.95 | 45.94 | 66.83 | 73.86 | 69.90 | 63.86 |
| EPS (Rs) | 0.17 | 0.33 | 0.87 | 1.82 | 6.74 | 10.13 | 16.46 | 38.65 | 55.94 | 61.58 | 58.28 | 53.59 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 11.9% | 10.0% | 14.9% | 16.0% | 16.0% | 14.9% | 15.0% | — |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 | 4.01 | 12.03 | 12.00 | 12.00 | 12.00 |
| Reserves | 0.00 | 0.00 | 1.01 | 2.01 | 4.01 | 24.09 | 40.16 | 59.18 | 94.28 | 154 | 217 | 277 |
| Borrowings | 8.99 | 7.99 | 7.99 | 0.00 | 0.99 | 0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Liabilities | 6.97 | 16.94 | 35.91 | 50.88 | 73.92 | 90.83 | 99.81 | 88.64 | 105 | 124 | 143 | 136 |
| Total Liabilities | 20.97 | 28.94 | 48.92 | 57.90 | 81.93 | 120 | 144 | 152 | 211 | 292 | 372 | 425 |
| Fixed Assets | 1.01 | 1.01 | 1.01 | 4.01 | 5.01 | 19.04 | 39.09 | 46.08 | 47.12 | 48.07 | 48.06 | 50.13 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 6.02 | 3.01 | 0.00 | 0.00 | 0.00 | 2.01 | 47.08 |
| Other Assets | 19.96 | 27.93 | 47.91 | 52.89 | 76.92 | 95.86 | 102 | 105 | 163 | 242 | 322 | 328 |
| Inventories | 4.99 | 5.99 | 5.99 | 4.99 | 4.99 | 8.99 | 4.99 | 8.99 | 4.99 | 4.99 | 7.01 | 8.99 |
| Trade receivables | 14.93 | 20.91 | 36.84 | 42.83 | 53.76 | 52.81 | 51.79 | 63.80 | 90.70 | 93.69 | 125 | 158 |
| Cash & equivalents | 0.00 | 0.00 | 2.99 | 3.99 | 7.99 | 18.01 | 24.01 | 23.98 | 30.99 | 111 | 153 | 119 |
| Total Assets | 20.97 | 28.94 | 48.92 | 57.90 | 81.93 | 120 | 144 | 152 | 211 | 292 | 372 | 425 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | −4.01 | 1.01 | 4.01 | 3.01 | 4.01 | 7.01 | 10.01 | 3.01 | 1.01 | 27.05 | 15.03 | 48.09 |
| Cash from investing activity | 0.00 | 0.00 | −0.99 | −1.99 | −0.99 | −6.97 | −8.96 | −1.99 | 0.00 | 4.98 | 7.97 | −36.87 |
| Cash from financing activity | 4.01 | −1.01 | −1.01 | 0.00 | 0.00 | 0.00 | −2.01 | −1.01 | −3.01 | −7.02 | −11.02 | −11.02 |
| Net cash flow | 0.00 | 0.00 | 2.01 | 2.01 | 3.01 | 0.00 | −1.01 | −1.01 | −2.01 | 24.06 | 12.03 | 0.00 |
| Capex | 0.00 | 0.00 | 0.00 | 2.99 | 0.99 | 1.99 | 15.97 | 7.98 | 1.99 | 1.99 | 1.99 | 3.99 |
| Free cash flow | −4.01 | 1.01 | 4.01 | 0.00 | 3.01 | 5.02 | −6.01 | −5.02 | −2.01 | 25.08 | 13.03 | 44.13 |
| CFO / OP % | −442.9% | 67.1% | 302.1% | 196.1% | 177.1% | 85.1% | 131.1% | 38.0% | 24.1% | 60.1% | 45.1% | 84.1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor days | 204 | 164 | 332 | 293 | 287 | 263 | 187 | 128 | 127 | 132 | 160 | 184 |
| Inventory days | 138 | 120 | 109 | 56 | 42 | 88 | 43 | 35 | 15 | 28 | 33 | 38 |
| Days payable | 161 | 165 | 141 | 25 | 22 | 40 | 16 | 7 | 45 | 57 | 71 | 43 |
| Cash conversion cycle | 182 | 119 | 301 | 325 | 308 | 313 | 214 | 157 | 98 | 104 | 122 | 180 |
| Working capital days | 65 | 35 | −3 | −14 | −23 | −83 | −99 | −15 | 1 | 10 | 31 | 83 |
| ROCE % | 7.0% | 9.0% | 10.0% | 18.0% | 43.0% | 57.0% | 40.0% | 46.0% | 73.0% | 66.0% | 50.0% | 36.0% |
For the Jun 2026 quarter, Jyoti Resins & Adhesives reported sales of ₹88.23 Cr, up 17.4% year on year and net profit of ₹11.97 Cr, down 29.5% year on year. The operating margin was 14.1%.
Jyoti Resins & Adhesives' sales for the year to Mar 2026 were ₹316 Cr; over the last twelve months they were ₹328 Cr.
Net profit for the year to Mar 2026 was ₹69.90 Cr, and ₹63.86 Cr over the last twelve months. Earnings per share over the same trailing period were ₹53.59.
Jyoti Resins & Adhesives reported borrowings of ₹0 Cr at Mar 2026, against cash and equivalents of ₹119 Cr.
Cash from operations was ₹48.09 Cr in the year to Mar 2026; after capital spending, free cash flow was ₹44.13 Cr.