FMCG
FMCG - Personal Care
from 200 today
Jyothy Labs reported a subdued Q1FY27 performance with margins under pressure due to crude-linked input inflation. Although the long-term outlook remains strong, short-term cost pressures lead to a maintained HOLD stance.
We cut our FY27/28 earnings estimates by 14%/13% and maintain our HOLD rating with a revised target price of INR181, as elevated crude-linked input costs and a competitive pricing environment are likely to keep near-term earnings under pressure.
Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.
