---
title: "Jaysynth Dyestuff (India) Ltd (JAYDYSTUF) — Share Price, Financials & Analysis"
symbol: "JAYDYSTUF"
company: "Jaysynth Dyestuff (India) Ltd"
canonical: "https://tapetide.com/stocks/JAYDYSTUF"
sector: "Commodities"
industry: "Chemicals & Petrochemicals"
generated_at: "2026-09-13T19:41:23.150Z"
---

# Jaysynth Dyestuff (India) Ltd (JAYDYSTUF)

Canonical page: https://tapetide.com/stocks/JAYDYSTUF

## Company

- **Sector:** Commodities
- **Industry:** Chemicals & Petrochemicals
- **Macro Sector:** Commodities
- **Stock Type:** EQUITY
- **Face Value:** ₹1
- **F&O Eligible:** No
- **Website:** jaysynthdyestuff.com

## About

Incorporated in 1985, Jaysynth Dyestuff (India) Ltd is in the business of manufacturing dyes, pigments and digital inks

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Company has delivered good profit growth of 31.8% CAGR over last 5 years

### Weaknesses

- The company has delivered a poor sales growth of 3.75% over past five years.
- Company has a low return on equity of 6.64% over last 3 years.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | 75% | 36% | 32% |
| revenue growth | 2% | 8% | 4% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2021 | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 36.07 | 39.29 | 38.63 | 45.09 | 39.57 | 39.7 | 35.24 | 30.2 | 34.97 | 34.68 | 39.04 | 39.33 |
| Expenses | 35.13 | 36.66 | 36.42 | 40.29 | 37.75 | 37.11 | 33.78 | 28.6 | 32.62 | 32.7 | 34.26 | 35.65 |
| Operating Profit | 0.94 | 2.63 | 2.21 | 4.8 | 1.82 | 2.59 | 1.46 | 1.6 | 2.35 | 1.98 | 4.78 | 3.68 |
| OPM % | 2.61 | 6.69 | 5.72 | 10.65 | 4.6 | 6.52 | 4.14 | 5.3 | 6.72 | 5.71 | 12.24 | 9.36 |
| Other Income | 0.05 | 0.25 | 0.24 | -0.13 | 0.67 | 0.32 | 0.34 | 0.47 | 0.42 | 0.43 | 0.06 | 0.35 |
| Interest | 0.12 | 0.07 | 0.06 | 0.07 | 0.1 | 0.05 | 0.09 | 0.05 | 0.06 | 0.06 | 0.08 | 0.1 |
| Depreciation | 0.47 | 0.42 | 0.44 | 0.44 | 0.63 | 0.44 | 0.49 | 0.51 | 0.51 | 0.43 | 0.44 | 0.46 |
| Profit before tax | 0.4 | 2.39 | 1.95 | 4.16 | 1.76 | 2.42 | 1.22 | 1.51 | 2.2 | 1.92 | 4.32 | 3.47 |
| Tax % | 32.5 | 25.52 | 33.33 | 28.37 | 33.52 | 33.06 | -6.56 | 24.5 | 26.82 | 8.33 | 26.16 | 25.65 |
| Net Profit | 0.27 | 1.78 | 1.3 | 2.98 | 1.17 | 1.62 | 1.29 | 1.14 | 1.61 | 1.75 | 3.18 | 2.57 |
| EPS in Rs | 0.31 | 2.05 | 1.49 | 3.43 | 1.34 | 1.86 | 1.48 | 1.31 | 1.85 | 2.01 | 3.66 | 2.95 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 118 | 117 | 118 | 116 | 118 | 111 | 123 | 160 | 140 | 148 |
| Expenses | 110 | 109 | 112 | 112 | 112 | 107 | 116 | 149 | 132 | 135 |
| Operating Profit | 8 | 9 | 6 | 4 | 6 | 4 | 7 | 11 | 8 | 13 |
| OPM % | 7 | 7 | 5 | 3.5 | 4.9 | 4 | 6 | 7 | 6 | 9 |
| Other Income | 1 | 2 | 1 | 1 | 1 | 1 | 0 | 1 | 2 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Profit before tax | 8 | 9 | 6 | 2 | 5 | 3 | 5 | 10 | 7 | 12 |
| Tax % | 34 | 29 | 31 | 32 | 25 | 24 | 30 | 30 | 23 | — |
| Net Profit | 5 | 6 | 4 | 2 | 4 | 2 | 4 | 7 | 6 | 9 |
| EPS in Rs | 5.92 | 7.13 | 4.56 | 1.95 | 4.06 | 2.61 | 4.32 | 8.3 | 6.49 | 10.47 |
| Dividend Payout % | 3 | 4 | 7 | 8 | 4 | 6 | 5 | 4 | 4 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 | 0.87 |
| Reserves | 58 | 64 | 68 | 69 | 72 | 74 | 78 | 86 | 92 | 97 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 4 | 4 | 1 | 2 |
| Other Liabilities | 33 | 35 | 27 | 32 | 24 | 28 | 27 | 26 | 30 | 28 |
| Total Liabilities | 91 | 99 | 96 | 102 | 97 | 104 | 111 | 116 | 123 | 129 |
| Fixed Assets | 14 | 14 | 14 | 13 | 11 | 10 | 10 | 9 | 12 | 13 |
| CWIP | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 2 | 0 | 0 |
| Investments | 11 | 14 | 13 | 13 | 12 | 22 | 11 | 14 | 22 | 23 |
| Other Assets | 67 | 72 | 68 | 76 | 74 | 72 | 91 | 91 | 88 | 93 |
| Total Assets | 91 | 99 | 96 | 102 | 97 | 104 | 111 | 116 | 123 | 129 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 3 | 1 | 4 | 1 | -1 | 8 | 2 | -5 | 4 | 20 |
| Cash from Investing Activity | -3 | -1 | -4 | -1 | 1 | 0 | -10 | 10 | -6 | -11 |
| Cash from Financing Activity | 0 | 0 | 0 | 0 | 0 | 0 | -1 | 3 | -2 | -4 |
| Net Cash Flow | 0 | 1 | 0 | 0 | 0 | 8 | -9 | 8 | -4 | 6 |
| Free Cash Flow | 4 | -1 | 2 | -1 | -1 | 8 | 1 | -6 | 1 | 17 |
| CFO/OP | 53 | 49 | 81 | 53 | 14 | 170 | 72 | -52 | 52 | 283 |

### Ratios

| Item | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 76 | 66 | 81 | 76 | 110 | 93 | 102 | 111 | 80 | 79 |
| Inventory Days | 79 | 107 | 109 | 99 | 81 | 83 | 120 | 119 | 122 | 141 |
| Days Payable | 99 | 86 | 94 | 67 | 88 | 65 | 83 | 75 | 58 | 90 |
| Cash Conversion Cycle | 56 | 87 | 97 | 109 | 103 | 111 | 139 | 155 | 144 | 130 |
| Working Capital Days | 71 | 92 | 102 | 115 | 132 | 123 | 138 | 146 | 128 | 120 |
| ROCE % | 23 | 14 | 14 | 8 | 3 | 7 | 4 | 7 | 12 | 8 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 70.09% | 70.78% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% |
| DIIs | 0.07% | 0.07% | 0.07% | 0.07% | 0.07% | 0% | 0% | 0% |
| Public | 29.84% | 29.14% | 25.17% | 25.17% | 25.18% | 25.24% | 25.24% | 25.25% |
| No. of Shareholders | 1764 | 1775 | 1720 | 1693 | 1748 | 2702 | 2962 | 3110 |

### Quarterly

| Category | Jun 2021 | Sep 2021 | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% | 74.75% |
| DIIs | 0.07% | 0.07% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 25.18% | 25.18% | 25.24% | 25.24% | 25.24% | 25.25% | 25.25% | 25.24% | 25.23% | 25.24% | 25.25% | 25.25% |
| No. of Shareholders | 1833 | 3218 | 2747 | 2702 | 2720 | 2779 | 2957 | 2962 | 2954 | 2877 | 3178 | 3110 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 5 / 2 / 12

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 1.34 | Sell |
| EMA (10) | 1.32 | Sell |
| SMA (20) | 1.46 | Sell |
| EMA (20) | 1.43 | Sell |
| SMA (50) | 1.68 | Sell |
| EMA (50) | 1.66 | Sell |
| SMA (100) | 2.03 | Sell |
| EMA (100) | 1.96 | Sell |
| SMA (200) | 2.5 | Sell |
| EMA (200) | 2.34 | Sell |

### Oscillators — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 12.16 | Buy |
| MACD (12,26,9) | -0.13 | Sell |
| Stochastic (14,3,3) | 2.78 | Buy |
| ADX (14) | 54.77 | Buy |
| Williams %R (14) | -91.67 | Buy |
| ATR (14) | 0.09 | High Volatility |
| ROC (12) | -24.36 | Sell |
| Stoch RSI (14) | 0 | Buy |
| UO (7,14,28) | 32.93 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/d64a6571-112d-47dc-9648-ae7574c84fef.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/73933506910.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/69832506910.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/65699506910.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/5069100319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/5069100318.pdf) |
| from bse | [Annual Report 2017 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/5069100317.pdf) |
| from bse | [Annual Report 2016 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/5069100316.pdf) |
| from bse | [Annual Report 2015 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/5069100315.pdf) |
| from bse | [Annual Report 2014 from bse](https://www.bseindia.com/bseplus/AnnualReport/506910/5069100314.pdf) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:41:23.150Z.