Buy Jyothy Labs; target of Rs 240: Sharekhan

Trade

• Watchlist
• Portfolio
• Message
• Set Alert

 

 

Choose Stock Exchange: BSE LIVE NSE LIVE

26 Aug, 2025 12:21

Volume

Todays L/H

More

×

Sharekhan's research report on Jyothy Labs

The company is one of the better-performing companies in the small-cap consumer goods space with eight consecutive quarters of double-digit revenue growth, driven by a mix of price and volume growth. Although pricing will lead growth in the near term, the company endeavours to achieve consistent double-digit revenue growth (largely driven by volumes), banking on its growth levers in the long run. The company’s OPM is expected to remain at 12-13% in FY2023. However, the same is expected to improve with a significant reduction in raw-material inflation.

Outlook

We retain our Buy rating on Jyothy Labs Limited with a revised price target of Rs. 240. The stock is trading at 23.9x/19.7x its FY2024E/FY2025E earnings, which is at a discount to large consumer goods stocks.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Jyothy Labs - 24 -12-2022 - khan