Jyoti Resins & Adhesives outlines growth strategy, targets ₹500 crore turnover

Jyoti Resins & Adhesives Limited announced a robust Q2 and H1 FY26 with a 20% year-on-year volume growth and a 20% year-on-year gross revenue increase, excluding GST. The company remains committed to its long-term strategy, targeting a ₹500 crore turnover mark within the next three years, driven by volume growth and maintaining an EBITDA margin range of 25% plus or minus 2%.

Strategic initiatives include a brownfield capacity expansion by 1,500 tons per month over six months, increasing total capacity from 2,000 tons to 3,500 tons per month with a CapEx of approximately ₹5 crores to ₹7 crores. The company plans to target at least ₹330 crores to ₹340 crores top line this financial year and is exploring greenfield expansion.

Marketing efforts with brand ambassador Pankaj Tripathi continue across digital and TV channels, with an average spend of 7% to 8% of revenue on trade marketing and brand communications. The company is strengthening its pan-India presence in 14 states, with plans to add more states like Tamil Nadu, Kerala, Odisha, and Bihar, and aims to list on the NSE within the next one to two quarters.