Jubilant Agri and Consumer Products Ltd manufactures and sells Performance Polymers and Chemicals, P&K Fertilizers, and Agri NutrientsBusiness Overview: JACPL is a part of the Jubilant Bhartia group. It is in the business of Performance Polymers & Chemicals and Agri products for B2C & B2B
Jubilant Agri & Consumer Products reported Q1 Net Sales of ₹523.2 Cr (up 18%) and PAT of ₹46.1 Cr (up 4%). The company initiated ₹50 Cr brownfield capex for 30,000 MTPA SBR Latex capacity. Shareholder meetings for Agri business demerger approval are scheduled.
JACPL granted 26,367 stock options to eligible employees under its ESOP Scheme 2018. Each option converts to one equity share at an exercise price of ₹10. These options vest on the 3rd anniversary and are exercisable for 8 years, potentially increasing share count.
Jubilant Agri & Consumer Products has partially started commercial production of Polymer (Adhesive) at its Vadodara facility as part of a capacity expansion. The remaining capacity is slated for commissioning in 6-8 months.
Jubilant Agri & Consumer Products reported strong quarterly and nine-month results. Q3 revenue rose to ₹450.99 Cr, with P&K Fertilizers turning profitable. Net profit was ₹21.52 Cr, impacted by a ₹3.83 Cr exceptional item for new Labour Codes. The Board also approved demerging its Agri Division.
Jubilant Agri & Consumer Products (JACPL) has advised shareholders regarding shares transferred to unclaimed IEPF accounts (61,268 shares) and Demat Suspense accounts (65,527 shares) post-Jubilant Industries' merger. Shareholders should initiate claims for their holdings.
