Jyoti Resins & Adhesives Limited , the company behind the Euro 7000 brand, has reported a robust performance for the second quarter of fiscal year 2026. The company, which holds the position of the second-largest wood adhesive brand in India's retail segment, demonstrated significant growth and maintained strong margins.

Financial Highlights

The company's Q2FY26 results showcase impressive growth and profitability:

The company's performance indicates a strong market position and effective operational management. The 20% volume growth suggests increasing demand for Jyoti Resins' products, while the maintained EBITDA and PAT margins reflect the company's ability to manage costs effectively despite growth.

Operational Performance

Jyoti Resins' cash flow from operations on a reconciled basis stood at Rs 205.60 million as of September 2025, indicating healthy liquidity and operational efficiency. This strong cash flow position may provide the company with flexibility for future investments and growth initiatives.

Brand and Marketing Initiatives

In a significant move to enhance its brand presence, Jyoti Resins has appointed Bollywood actor Pankaj Tripathi as its National Brand Ambassador. The company has also launched a new 360-degree campaign titled 'Sirf Jodo Nahin Fayedon Ke Saath Jodo' (Don't Just Join, Join with Benefits). This campaign is being rolled out across various platforms including TV, print, outdoor, and digital media.

Pankaj Tripathi, speaking about his association with the brand, said, "I believe that strength lies in the foundation — whether in stories or structures. Euro Adhesives stands for reliability and excellence; values I relate to deeply. I'm proud to represent a brand that empowers craftsmen and creators with the confidence to build lasting work, every single day."

Market Presence and Distribution

Euro 7000, the flagship brand of Jyoti Resins, maintains its position as the second-largest wood adhesive brand in India's retail segment. The company has a strong presence across 14 states, operating through:

• 54 branches in larger cities
• 65 distributors serving smaller cities
• A network of 13,000 retailers
• Engagement with 3.5 lakh carpenters, of which 2 lakh are registered in the company's loyalty program

This extensive network underscores the company's strong market penetration and its focus on building relationships with key stakeholders in the industry.

Future Outlook

While the company has not provided specific forward-looking statements, the strong Q2 performance, coupled with strategic marketing initiatives and a robust distribution network, suggests that Jyoti Resins is well-positioned in the wood adhesives market. The appointment of a high-profile brand ambassador and the launch of a new marketing campaign may further strengthen the company's brand presence.

Investors and market watchers will likely keep a close eye on how these initiatives translate into financial performance in the coming quarters, particularly in terms of sustaining volume growth and maintaining profitability margins in a competitive market landscape.

Jyoti Resins & Adhesives Limited, a key player in the synthetic wood adhesive industry, has announced its financial results for the second quarter and half-year ended September 30, 2025. The company's performance showcases stability in a competitive market environment.

Financial Highlights

Quarterly Performance

For the quarter ended September 30, 2025, Jyoti Resins and Adhesives reported a net profit of Rs. 1,716.00 lakhs, showing a slight decrease from Rs. 1,738.00 lakhs in the previous quarter but an improvement from Rs. 1,629.00 lakhs in the same quarter last year. The company's total income for Q2 FY2026 stood at Rs. 7,751.00 lakhs, compared to Rs. 7,816.00 lakhs in Q1 FY2026 and Rs. 6,798.00 lakhs in Q2 FY2025.

Half-Yearly Results

The half-yearly results for FY2026 indicate a marginal decline in net profit to Rs. 3,454.00 lakhs, compared to Rs. 3,505.00 lakhs in H1 FY2025. However, the company's total income for H1 FY2026 increased to Rs. 15,567.00 lakhs from Rs. 13,912.00 lakhs in the corresponding period of the previous year, reflecting a growth of approximately 11.9%.

Operational Performance

The company's revenue from operations for Q2 FY2026 was Rs. 7,438.00 lakhs, showing a slight decrease from Rs. 7,510.00 lakhs in Q1 FY2026 but a significant increase from Rs. 6,525.00 lakhs in Q2 FY2025. This growth in revenue indicates the company's ability to maintain its market position and potentially expand its customer base.

Financial Position

As of September 30, 2025, Jyoti Resins and Adhesives reported total assets of Rs. 38,206.00 lakhs, up from Rs. 36,827.00 lakhs as of March 31, 2025. The company's equity share capital remained unchanged at Rs. 1,200.00 lakhs, while other equity increased to Rs. 24,101.00 lakhs from Rs. 21,726.00 lakhs at the end of the previous financial year.

Management Commentary

The company's board of directors approved these unaudited financial results at their meeting held on November 11, 2025. The results were reviewed by the Audit Committee and have undergone a limited review by the statutory auditors, M/s. R Kabra & Co. LLP.

Investor Perspective

Jyoti Resins and Adhesives continues to maintain a strong earnings per share (EPS) of Rs. 14.00 for the quarter, consistent with both the previous quarter and the same quarter last year. This stability in EPS may be viewed positively by investors looking for consistent returns.

The company's performance reflects its resilience in the face of market challenges and its ability to maintain profitability. Investors may want to keep an eye on the company's future growth strategies and market expansion plans to assess its long-term potential in the synthetic wood adhesive industry.