Jaysynth Orgo - Jaysynth Orgo

📊 BSE: 524592 🏢 Specialty Chemicals 📅 Last Updated: 11/13/2025 15:25

💰 Financial Performance

Revenue Growth by Segment

Standalone Net Sales grew 11.69% YoY to INR 22,793 Lakhs, driven primarily by an increase in ink product sales volume. Consolidated revenue from operations grew 8% to INR 22,632 Lakhs.

Geographic Revenue Split

Export revenue reached INR 8,494 Lakhs, contributing 37.26% to total standalone net sales and registering a 12% YoY growth.

Profitability Margins

Standalone Net Profit margin was 6.97% (INR 1,588.95 Lakhs profit on INR 22,793 Lakhs sales). Profit before tax (Standalone) increased 22.86% YoY to INR 2,164 Lakhs.

EBITDA Margin

EBITDA margin improved to 11.41% from 9.79% in the previous year. EBITDA grew 30.27% YoY to INR 2,601 Lakhs, primarily due to higher gross margin realization from an improved product mix.

Capital Expenditure

Property, Plant & Equipment stood at INR 1,939.93 Lakhs. Capital Work in Progress (CWIP) increased from INR 0.32 Lakhs to INR 57.89 Lakhs, indicating ongoing small-scale facility improvements.

Credit Rating & Borrowing

Finance costs surged by 244.66% to INR 186.60 Lakhs. The company did not have sanctioned working capital limits exceeding INR 5 Cr from banks during the year.

⚙️ Operational Drivers

Raw Materials

Crude oil and downstream petrochemicals are the primary raw materials. Cost of materials consumed was INR 14,464.14 Lakhs, representing 63.46% of total standalone net sales.

Import Sources

Not specifically disclosed, though the company monitors global demand/supply dynamics for petrochemicals.

Capacity Expansion

Current fixed assets are valued at INR 1,939.93 Lakhs; planned expansion is indicated by a CWIP of INR 57.89 Lakhs, though specific MTPA capacity is not disclosed.

Raw Material Costs

Raw material costs were INR 14,464.14 Lakhs, up 3.34% YoY. The company manages costs through product mix optimization to offset crude-linked price volatility.

Manufacturing Efficiency

Efficiency improved as evidenced by the 30.27% growth in EBITDA despite only an 11.69% growth in sales, driven by higher-margin ink products.

Logistics & Distribution

Not specifically disclosed as a separate percentage of revenue.

📈 Strategic Growth

Expected Growth Rate

Not disclosed

Growth Strategy

The company is focusing on increasing the sales volume of digital ink products and optimizing its product mix to achieve higher gross margins. It also leverages its European subsidiary, Jaysynth (Europe) Ltd, to maintain international market presence.

Products & Services

Digital inks, ink products, dyes, and specialty chemicals.

Brand Portfolio

Jaysynth.

New Products/Services

Focus remains on expanding the digital ink portfolio; specific revenue contribution percentages for new launches are not disclosed.

Market Expansion

Targeting growth in digital printing segments and international markets, supported by a 12% increase in export revenue.

Market Share & Ranking

Not disclosed.

Strategic Alliances

Operates through a wholly owned subsidiary, Jaysynth (Europe) Ltd (JEL), to manage European operations.

🌍 External Factors

Industry Trends

The industry is shifting toward digital printing technologies. Jaysynth is positioning itself by increasing its ink product sales volume to capture this growth.

Competitive Landscape

Competes with global producers of digital inks and specialty chemical manufacturers.

Competitive Moat

The company's moat lies in its specialized production of digital inks, a niche segment with higher technical barriers than basic chemicals.

Macro Economic Sensitivity

Highly sensitive to global economic cycles and crude oil price fluctuations, which directly impact the cost of 63% of its inputs.

Consumer Behavior

Increasing preference for digital printing over traditional methods is driving demand for the company's ink products.

Geopolitical Risks

Current geopolitical situations are cited as a cause for global economic uncertainty and potential recessionary conditions affecting demand.

⚖️ Regulatory & Governance

Industry Regulations

Compliant with Companies Act 2013, Ind AS, and Rule 11 of the Companies (Audit and Auditors) Rules regarding audit trails and financial reporting.

Environmental Compliance

Not disclosed in specific INR values.

Taxation Policy Impact

Effective tax rate was approximately 26.5% for FY 2024-25, with total tax expense of INR 574.64 Lakhs on a PBT of INR 2,163.59 Lakhs.

Legal Contingencies

The company reported no pending material litigations as of March 31, 2025, that would impact its financial position.

⚠️ Risk Analysis

Key Uncertainties

Volatility in crude oil prices and exchange rate fluctuations are the primary business risks, potentially impacting margins by over 5-10% if not managed.