What we do Jyoti Resins and Adhesives Ltd manufactures synthetic wood adhesives, including waterproof, anti-termite, weatherproof variants under the Euro 7000 brand, serving India's retail segment. |
Founded in 1,993 |
Market share Second largest selling wood adhesive brand in India retail market. |
Problem solved Provides high-quality, durable adhesives meeting diverse carpentry needs like waterproofing and termite resistance. |
Top clients or who we serve B2B and B2C; serves carpenters, retailers, and wood product manufacturers across 14 Indian states. |
Key management Mr. Jagdish N. Patel (Chairman) and Mr. Utkarsh J. Patel (Managing Director), with advanced degrees in chemical engineering and management. |
Our journey and innovations Founded in 1993, IPO in 1994, launched Euro 7000 in 2006, capacity expanded to 2000 TPM by 2022, expanded geographic presence continuously. |
Where we operate Operates across 14 Indian states with 56 branches and 65 distributors, serving over 13,000 retailers and 350,000 carpenters. |
Top products or what we offer Wood adhesives including waterproof, anti-termite, fast drying, and weatherproof formulations under Euro 7000 brand. |
Top brands Euro 7000: #2 wood adhesive brand in India, pan-India retail presence, strong loyalty program with 350,000+ carpenter users. |
Raw materials needed Specialty chemicals for synthetic resins such as PVA, alkyd, amino, and epoxy resins. |
Raw materials supplier Supplied by domestic and international chemical suppliers adhering to quality standards. |
Recurring vs cyclical contribution Revenue is mostly recurring from established distribution and loyal retail customer base. |
Our industry position Strong industry leader with asset-light, efficient manufacturing, and no debt, maintaining high ROE and ROCE. |
Financial highlights FY25 Revenue Rs 284 Cr; PAT Rs 73.87 Cr; EBITDA Margin ~31.5%; debt free and paying 90% dividend. |
Geographical revenue split Revenue predominantly from 14 Indian states with recent expansion into New Delhi and Uttar Pradesh. |
Order book - |
Whats driving growth Increasing brand presence, expanding branches and distributors, innovative advertising, loyalty programs, and capacity expansions. |
Our future plans Expand production capacity, warehouses; increase branches; target Rs 500 Cr revenue in next 3 years; maintain high margins and debt-free status. |
Our green promise Committed to environmental safety, pollution control compliance, and sustainable chemical manufacturing processes. |
Our people and values Strong workforce with 455 sales executives, focus on team growth and customer service excellence. |
Key challenges ahead Market competition, raw material price volatility, and scaling distribution while maintaining margins. |
Interesting facts Uses noted actor Pankaj Tripathi as brand ambassador to strengthen national brand visibility. |
Risks and strategy Mitigates risks with strong internal controls, diversified distribution, and continuous market expansion. |
