JYOTHYLABNSEQ2 FY2023November 17, 2022

Jyothy Labs Limited

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Management on call
Manoj Menon
ICICI SECURITIES MANAGEMENT: MS. M. R. JYOTHY – MANAGING DIRECTOR – JYOTHY LABS LIMITED MR. SANJAY AGARWAL – CHIEF FINAN
Sanjay Agarwal
CFO. Over to the management for the opening remarks and we will open the floor for Q&A post that. Thank you. Sanjay Agar
Key numbers — 25 extracted
12.6%
and we will follow up with the Q&A. So overall, the consistent performance with a revenue growth of 12.6% and EBITDA grew by 20.8%. We have done well in spite of the inflation impacting general consumption
20.8%
h the Q&A. So overall, the consistent performance with a revenue growth of 12.6% and EBITDA grew by 20.8%. We have done well in spite of the inflation impacting general consumption. We continue to have the
1.4%
e continue to have the healthy double-digit growth of 12.6% for the quarter with a volume growth of 1.4%. This is on a good base of 16% growth in the same period last year. Also if you look at it on a two
16%
ouble-digit growth of 12.6% for the quarter with a volume growth of 1.4%. This is on a good base of 16% growth in the same period last year. Also if you look at it on a two year and a three year CAGR bas
17.8%
usiness or I would put in the other way if we analyze the business ex HI and our value growth is at 17.8% and a volume growth of 5%. we have been able to strengthen our core business with focus on distribu
5%
other way if we analyze the business ex HI and our value growth is at 17.8% and a volume growth of 5%. we have been able to strengthen our core business with focus on distribution and brand investments
33.7%
ur rural franchise. Moving onto the key categories performance. Fabric care is doing well we are at 33.7% growth this quarter. We have taken extensive drives on our detergent category and focused on mid pr
8%
ve helped us to accelerate the sales on a pan India basis. In HI categories, the category degrew by 8%. Our strong markets for Maxo are North and East of India and they received lesser rains hence the i
30%
ions actually. One on detergent specifically, just wanted your top level thoughts, let us say for a 30% plus revenue growth performance the volumes seems to be holding up for you and also for Unilever as
Rs.10
n our portfolio we have brands at different price segments. So you see that the lower unit packs of Rs.10 and the mid price segment are doing well for us and also for us the reach of these brands has been b
60%
tside of the strong market of East for that brand. M. R. Jyothy: Yes, so for us right now coils are 60% and LVs are at 40% and this time both the categories when the seasons doesn’t play both these categ
40%
market of East for that brand. M. R. Jyothy: Yes, so for us right now coils are 60% and LVs are at 40% and this time both the categories when the seasons doesn’t play both these categories do get affect
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