Jyothy Laboratories: Difference between revisions

| name = Jyothy Laboratories Limited

'''Jyothy Laboratories Limited''' is a [[Mumbai]]-based [[fast-moving consumer goods]] company founded in 1983.<ref>{{cite web|url=http://www.jyothylaboratories.com/contactus.aspx |title=Jyothy Laboratories Limited. – Contact Us |publisher=Jyothylaboratories.com |accessdate=12 November 2011}}</ref><ref name="businessweek1">{{cite web|url=http://investing.businessweek.com/research/stocks/snapshot/snapshot.asp?ticker=1051666 |title=Jyothy Laboratories Ltd (Jyothylab: National Stock Exchange of India): Stock Quote & Company Profile – BusinessWeek |publisher=Investing.businessweek.com |accessdate=12 November 2011}}</ref> In 2009–10 the company reported a turnover of {{INRConvert|5.82|b}} and profit of {{INRConvert|800|m}}.<ref name="business-standard1"/> The company has 21 manufacturing units at 14 locations across India.<ref>{{cite web|url=http://www.jyothylaboratories.com/ManufacturingFacilities.aspx |title=Jyothy Laboratories Limited. – Manufacturing Failities |publisher=Jyothylaboratories.com |accessdate=12 November 2011}}</ref> The company originated in [[Kandanassery]], near [[Guruvayur]] in [[Thrissur]] district of [[Kerala]] State by [[M. P. Ramachandran]].<ref>{{cite web|title=Kandanassery and Thrissur|url=http://www.moneycontrol.com/company-facts/jyothylaboratories/history/JL|publisher=Moneycontrol.com}}</ref> It has 6 business divisions namely Fabric Care (Ujala -. market leader), Household Insecticide (Maxo), Utensil Cleaners (Exo), Fragrances, Personal Care (Margo) and Fabric Care Service.<ref>{{cite web|url=http://www.jyothylaboratories.com/whoweare.aspx |title=Jyothy Laboratories Limited. – Who We Are |publisher=Jyothylaboratories.com |accessdate=12 November 2011}}</ref> Ujala, Maxo, Exo, Jeeva and Maya are some of the brands it owns under these divisions.<ref name="businessweek1"/> Ujala is the biggest brand in the company portfolio and contributing up to 46% (in 2010) of the company revenues. The company is the largest player in the fabric whitener space in India with a market share of 72%.<ref>{{cite web|url=http://www.dnaindia.com/money/report_jyothy-laboratories-ltd-rectifies-ujala-skew-grows-other-brands_1391241 |title=Jyothy Laboratories Ltd rectifies Ujala skew, grows other brands – Money – DNA |publisher=Dnaindia.com |accessdate=12 November 2011}}</ref> On 5 May 2011 Jyothy Laboratories bought 50.97% stake in [[Henkel]] India. It has offered to buy 20% more in Henkel India through a compulsory open offer mandated by [[SEBI]] norms<ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2011-05-06/news/29516908_1_henkel-india-henkel-ag-henko |title=Jyothy Laboratories buys Henkel AG stake in India subsidiary for Rs 617 crore – Economic Times |publisher=Articles.economictimes.indiatimes.com |accessdate=12 November 2011}}</ref><ref>{{cite web|url=http://articles.economictimes.indiatimes.com/2011-05-09/news/29525052_1_henkel-india-open-offer-public-announcement |title=Jyothy offers to buy 20% more in Henkel India at Rs 41.20/shar – Economic Times |publisher=Articles.economictimes.indiatimes.com |accessdate=12 November 2011}}</ref>