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Jyothy Laboratories Ltd.

BSE: 532926 Sector: Consumer
NSE: JYOTHYLAB ISIN Code: INE668F01031
BSE LIVE 15:40 | 17 Aug 376.20 376.20
(%)
OPEN

382.30

HIGH

383.50

LOW

371.50

NSE 15:43 | 17 Aug 374.00 -7.55
(-1.98%)
OPEN

379.10

HIGH

383.95

LOW

371.45

OPEN 382.30
PREVIOUS CLOSE 0.00
VOLUME 2543
52-Week high 427.00
52-Week low 282.60
P/E 36.38
Mkt Cap.(Rs cr) 6,836
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 382.30
CLOSE 0.00
VOLUME 2543
52-Week high 427.00
52-Week low 282.60
P/E 36.38
Mkt Cap.(Rs cr) 6,836
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Jyothy Laboratories Ltd. (JYOTHYLAB) - Company History

Jyothy Laboratories Ltd is an India-based company. The company is principally engaged in manufacturing and marketing of fabric whiteners, soaps, detergents, mosquito coils and incense sticks. They operate in two segments: Soaps & Detergents and Home Care. Soaps & Detergents include fabric whiteners, fabric detergents, dish wash bar and soaps including ayurvedic soaps and Home Care products include incense sticks, dhoop and mosquito coils and scrubber, it also include tea and coffee. The company is headquartered in Mumbai. The company has 28 manufacturing facilities across 15 locations, Trichur, Wynad, Roorkee, Pondicherry, Bangalore, Chennai, Hyderabad, Bhubaneshwar, Bankura, Guwahati, Baddi, Silvassa, Salem, Jammu and Pithampur. Most of their units are ISO 9001 and ISO 14000 certified units. The company exports their products to 14 countries including Sri Lanka, Bangladesh, Mauritius, Malaysia, UAE, Hong Kong and Saudi Arabia. Jyothy Laboratories Ltd was incorporated on January 15, 1992 as a private limited company with the name Jyothi Laboratories Pvt Ltd. The company was originally started as a proprietary concern in Kerala by M P Ramachandran. In the year 1992, the company commissioned factory in Chennai to make Ujala. In the year 1994, they commissioned a plant in Pondicherry, their first in a backward area utilizing Government incentives. In the year 1995, the company launched Nebula, an oil-based antibacterial washing soap in Kerala. In October 6, 1995, the company became a public limited company and the name was changed to Jyothi Laboratories Ltd. In August 12, 1996, they further changed their name to Jyothy Laboratories Ltd. In the year 1997, they launched Ujala all over India. In the year 2000, the company launched Maxo (mosquito repellent) in the state of West Bengal. Also, they launched Exo, an antibacterial dish water bar in Kerala. Later, they launched Exo across Karnataka, Tamil Nadu and Andhra Pradesh. In the year 2001, the company acquired detergents plant at Pithampur, Madhya Pradesh from Tate Chemicals Ltd. They launched Vanmala washing soap in Kerala and Maya incense sticks in selected states. In the year 2002, the company acquired Sri Sai Homecare Pvt Ltd, which has a mosquito coil production facility in Hyderabad. Thus, Sri Sai Homecare Pvt Ltd became a subsidiary company. Also, the company launched Jeeva Ayurvedic Soap in the market. In the year 2005, the company launched Exo Liquid and Ujala Stiff & Shine in South India. During the year 2006-07, the company started marketing and distributing coffee products under the brand name 'Continental Speciale' in a joint venture with CCL Products (India) Ltd. They acquired trademark and copyright for the brand 'More Light' and 'Ruby'. Also, they launched extensions in the household insecticide segment under the brand name 'Maxo' - Liquid and Aerosol. In November 2006, the company established a 50:50 joint venture company with Shobha Kapoor and Ekta Kapoor, namely Balaji Telebrands Ltd for marketing and distribution of Ekta's 'Karyasiddhi Graha Shanti Dhoops'. During the year 2007-08, the company commenced production in new manufacturing facilities at Jammu in Jammu & Kashmir for making mosquito repellent coils, Roorkee in Uttarakhand for making Ujala fabric whitener and Baddi in Himachal Pradesh for Ujala Stiff and Shine. In March 2008, they launched Ujala Stiff & Shine all over India. During the year 2008-09, the company forayed into service sector through new venture 'Jyothy Fabricare Services Ltd', a subsidiary company for providing world class laundry at affordable price at consumer doorstep. They launched Jyothy Fabric Care Services Ltd and Fabric Spa. They launched Exo Dish wash liquid in all southern states and Exo Floor Shine products in the State of Kerala. In April 2009, the company commenced full scale production of mosquito repellent coils in their Jammu unit. In October 2009, they expanded Exo dishwashing line from South India to Pan India. In November 2009, they launched fabric Spa at Bangalore. Also, the company bought technology DEPA, a repellent formulation for protection from all blood sucking insects and mosquitos from DRDO. In February 2010, they launched multi insect repellant in collaboration with prominent division of Defence Research and Development Establishment. The company has proposed to amalgamate Sri Sai Homecare Products Pvt Ltd, a wholly-owned subsidiary company with the company with effect from April 1, 2010. They have planned brand extension to take Ujala detergent to other states in a phased manner. The company is in talks with West Bengal-based detergents and allied products company Safechem Industries to buy their flagship laundry detergent brand, Safed. The company is looking to buy two fabric whitener brands for up to Rs 2.50 billion by the end of December.