Jyothy Labs approves Rs 147 crore buyback at Rs 215 per share
JYOTHYLAB · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 2.3 pts less than Nifty Microcap 250 and 1.0 pts less than its Household Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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The board approved a cash tender offer to buy back up to 68,37,210 shares, equal to 1.86% of paid-up capital, at Rs 215 per share for up to Rs 147 crore. The record date is November 11, 2026; promoters will not participate. Q2 revenue rose 3.3% to Rs 760.04 crore, but net profit fell to Rs 10.60 crore from Rs 87.76 crore. H1 revenue was Rs 1,533.44 crore and net profit Rs 58.24 crore.
Buyback may support returns, but profit fell year on year. The Rs 147 crore cash use and promoter non-participation may weigh on sentiment.