Jyothy Labs Limited was founded in 1983 by Mr. M. P. Ramachandran in Thrissur, Kerala. JLL is renowned brand in the domestic FMCG industry. It has a diversified product portfolio spanning four major categories of fabric care, dishwashing, household insecticides (HI) and personal care and an established market position in the post-wash (under Ujala brand) and the dishwashing segments (under Pril and Exo brands).
Co dominates the fabric care segment with its flagship brand Ujala which is no.1 in its category with a 84% market share.
Company is almost debt free. Company has been maintaining a healthy dividend payout of 45.8%
Technically a nice base formation and change in trend seems to be playing out.
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