Jyothy Labs Limited

BSE:532926 Stock Report

Market Cap: ₹144.3b

Jyothy Labs Valuation

Is 532926 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of 532926 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: 532926 (₹392.85) is trading above our estimate of fair value (₹243.13)

Significantly Below Fair Value: 532926 is trading above our estimate of fair value.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for 532926?

Key metric: As 532926 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for 532926. This is calculated by dividing 532926's market cap by their current earnings.
What is 532926's PE Ratio?
PE Ratio38.4x
Earnings₹3.76b
Market Cap₹144.26b

Price to Earnings Ratio vs Peers

How does 532926's PE Ratio compare to its peers?

The above table shows the PE ratio for 532926 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average39.1x
531508 Eveready Industries India
38.7xn/a₹29.2b
524136 Pee Cee Cosma Sope
13.9xn/a₹1.6b
531162 Emami
33.3x11.3%₹257.2b
507815 Gillette India
70.4xn/a₹318.4b
532926 Jyothy Labs
38.4x13.7%₹144.3b

Price-To-Earnings vs Peers: 532926 is good value based on its Price-To-Earnings Ratio (38.4x) compared to the peer average (39.1x).

Price to Earnings Ratio vs Industry

How does 532926's PE Ratio compare vs other companies in the Asian Household Products Industry?

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
532926 38.4xIndustry Avg. 18.5xNo. of Companies10PE01632486480+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: 532926 is expensive based on its Price-To-Earnings Ratio (38.4x) compared to the Asian Household Products industry average (19.2x).

Price to Earnings Ratio vs Fair Ratio

What is 532926's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

532926 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio38.4x
Fair PE Ratio41.9x

Price-To-Earnings vs Fair Ratio: 532926 is good value based on its Price-To-Earnings Ratio (38.4x) compared to the estimated Fair Price-To-Earnings Ratio (41.9x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst 532926 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current₹392.85
₹535.31
+36.3%
11.9%₹614.00₹410.00n/a13
Dec ’25₹420.20
₹548.31
+30.5%
12.3%₹645.00₹410.00n/a13
Nov ’25₹526.75
₹594.69
+12.9%
9.3%₹655.00₹460.00n/a13
Oct ’25₹548.40
₹593.92
+8.3%
9.4%₹655.00₹460.00n/a13
Sep ’25₹539.35
₹588.00
+9.0%
9.9%₹655.00₹460.00n/a11
Aug ’25₹520.85
₹572.82
+10.0%
11.0%₹655.00₹460.00n/a11
Jul ’25₹451.40
₹498.45
+10.4%
11.0%₹605.00₹410.00n/a11
Jun ’25₹402.90
₹486.20
+20.7%
8.7%₹559.00₹410.00n/a10
May ’25₹433.65
₹490.90
+13.2%
13.7%₹590.00₹400.00n/a10
Apr ’25₹443.90
₹493.50
+11.2%
14.3%₹590.00₹400.00n/a10
Mar ’25₹452.95
₹493.50
+9.0%
14.3%₹590.00₹400.00n/a10
Feb ’25₹507.50
₹493.50
-2.8%
14.3%₹590.00₹400.00n/a10
Jan ’25₹482.85
₹435.50
-9.8%
9.3%₹500.00₹370.00n/a10
Dec ’24₹443.80
₹429.50
-3.2%
8.0%₹475.00₹370.00₹420.2010
Nov ’24₹361.55
₹336.22
-7.0%
11.1%₹400.00₹275.00₹526.759
Oct ’24₹361.75
₹336.22
-7.1%
11.1%₹400.00₹275.00₹548.409
Sep ’24₹365.30
₹320.10
-12.4%
15.8%₹400.00₹215.00₹539.3510
Aug ’24₹304.65
₹295.90
-2.9%
13.4%₹340.00₹215.00₹520.8510
Jul ’24₹216.25
₹234.44
+8.4%
9.4%₹277.00₹200.00₹451.409
Jun ’24₹207.10
₹234.44
+13.2%
9.4%₹277.00₹200.00₹402.909
May ’24₹194.40
₹229.38
+18.0%
6.7%₹250.00₹210.00₹433.658
Apr ’24₹191.00
₹229.38
+20.1%
6.7%₹250.00₹210.00₹443.908
Mar ’24₹190.20
₹229.38
+20.6%
6.7%₹250.00₹210.00₹452.958
Feb ’24₹206.20
₹218.00
+5.7%
8.5%₹250.00₹194.00₹507.5010
Jan ’24₹204.75
₹208.90
+2.0%
8.5%₹250.00₹190.00₹482.8510
Dec ’23₹200.45
₹208.90
+4.2%
8.5%₹250.00₹190.00₹443.8010

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/17 00:54
End of Day Share Price 2024/12/17 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Jyothy Labs Limited is covered by 35 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Aniruddha JoshiAnand Rathi Shares and Stock Brokers Limited
null nullAnand Rathi Shares and Stock Brokers Limited
Milan DesaiAngel Broking Private Limited