- CEO
- Utkarsh Jagdishbhai Patel
- Full Time Employees
- 686
- Sector
- Process industries
- Industry
- Industrial specialties
- Address
- 1104 -1112, Elite, Near Shapath Hexa Ahmedabad GU India 380060
- IPO Date
- Jan 5, 1995
- Business
- Jyoti Resins and Adhesives Limited manufactures synthetic resin adhesives, primarily wood adhesives under the EURO 7000 brand, in India. The company produces a diverse range of products including Ultra 5in1 Synthetic Wood Adhesive, Extreme3 Hi Strong Synthetic Wood Adhesive, WP 2in1 Waterproof Adhesive, synthetic wood adhesives, PVC to wood adhesives, anti-termite adhesives, water resistant fast drying adhesives, 2in1 waterproof adhesives, D2+ hot press adhesives, and specialized formulations offering waterproofing, fungal resistance, heat resistance, weatherproofing, and high fixing strength; these adhesives serve fast-moving consumer goods markets, residential and industrial wood applications, and carpentry needs with features like high coverage and durability. Founded in 1993 and headquartered in Ahmedabad, Gujarat, with a state-of-the-art manufacturing facility in Santej boasting 40,000 TPA capacity that has doubled in recent years, the company operates across 13-14 states through 28 branches, 50 distributors, over 12,000 retailers, and a 300-strong sales force targeting 3 lakh carpenters. Recent developments include the incorporation of a wholly owned subsidiary, Jyoti Social Welfare Foundation, under Section 8 of the Companies Act, 2013; strong financial performance with FY2025 total income of Rs 29,509 lakh and PAT of Rs 7,387.37 lakh alongside Q2 FY2026 net sales up 13.99% to Rs 74.38 crore and net profit up 5.34% to Rs 17.16 crore; consistent dividend declarations such as Rs 9.00 per share in September 2025 payable October 2025; ongoing R&D innovations and brand campaigns endorsed by actor Pankaj Tripathi under "Fayedon Ke Saath Jodo"; and dealer and carpenter mega meets in 2025. Promoter holding stands at 53.9%, with the company maintaining near debt-free status, robust profit growth of 56.4% CAGR over five years, and operations focused on the industrials specialty chemicals segment.