Jyoti Resins Adhesives Ltd — Q2FY27 earnings call summary

Filed 13 November 2026 · Official transcript

FY27 H2 EBITDA margin guidance 24-25%, subject to raw material price stability
Targeting INR 500 Cr revenue by FY28 and INR 1,000 Cr longer term via volume and geographic expansion
Brownfield capacity expanded from 2,000 to 3,500 tons/month; greenfield plant planned in Gujarat with INR 45-50 Cr capex
Q2 volume growth approx. 15% with improved realizations; EBITDA margin rose from 14.4% in Q1 to 23% in Q2
Marketing spend increased to ~7% of revenue in H1 FY27 to support growth
Working capital focus: aiming to reduce debtor days to ~120; channel financing initiatives underway
Digital marketing growing with 200k+ Facebook followers; influencer engagement increasing
OEM segment currently 6% of revenue, targeting 10-15% over 2-3 years