Annual Report for the financial year ended on 31st March 2026

24th August, 2026 BSE Limited Phiroze Jeeyeebhoy Towers, Dalal Street, Mumbai-400 001 Maharashtra, India. Scrip Code: 514448 Dear Sir/Madam, Sub: 1) Annual Report for the Financial Year 2025-26 2) Notice of 33rd (Thirty Third) Annual General Meeting Pursuant to Regulations 30, 34, 36(1) read with Para A of Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“Listing Regulations”), please (cid:263)nd enclosed herewith, the Annual Report of Jyoti Resins & Adhesives Limited (“Company”) for the Financial Year 2025-26, containing, inter alia, the Notice of the 33rd (Thirty Third) Annual General Meeting (“AGM”) of the Company scheduled to be held on Wednesday, 16th September, 2026 at 11.00 a.m. (IST) through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”). The Annual Report of the Company for the Financial Year 2025-26 [comprising of, inter alia, Audited Financial Statements, Reports of the Board of Directors and the Statutory Auditors for the said Financial Year, Notice of the AGM], is also available on the website of the Company, viz., www.euro7000.com. The remote e-voting period commences on Saturday, September 12th, 2026, at 9.00 a.m. (IST) and ends on Tuesday, September 15th, 2026, at 5.00 p.m. (IST). During this period, the Shareholders of the Company, holding shares as on the Cut-o(cid:260) date, i.e., Wednesday, 9th September, 2026, may cast their votes by remote e-voting. We request you to kindly take the above on record. Thanking you, Yours faithfully, For, Jyoti Resins & Adhesives Limited Utkarsh Jagdishbhai Patel Managing Director DIN: 02874427 Enclose: As Above For more information, please, visit our website Inside this Key Highlights report Revenue 10.8% 25.5% Corporate Overview ₹ 31,474 lakhs YoY Growth 5-years CAGR About Us 05 of Revenue of revenue Operational and Market Presence 07 EBITDA -5.0% 53.4 % Our Journey 11 Chairman’s Message 13 ₹ 8,497 lakhs YoY growth 5-years CAGR of EBITDA of EBITDA Managing Director’s Message 14 Financial Highlights 15 PAT -5.3% 41.9% Our Competitive Strengths 17 ₹ 6,998 lakhs YoY growth 5-Years CAGR Our Product Portfolio 19 of PAT of PAT Our Range of Industrial Product 20 Return on Net Worth Return on Capital employed Key Strategy 28 Shareholder Value 31 24.2% 32.8% Statutory Reports EPS Notice 36 ₹ 58.32 Directors’ Report 59 Corporate Governance Report 88 Forward-Looking Statements Management Discussion and 119 Analysis Some information in this report may contain forward-looking statements which include statements regarding Company’s expected financial position and results of operations, business Financial Statements plans and prospects etc. and are generally identified by forward-looking words such as “believe,” “plan,” “anticipate,” Independent Auditor’s Report 122 “continue,” “estimate,” “expect,” “may,” “will” or other similar Balance Sheet 137 words. Forward-looking statements are dependent on Statement of Profit and Loss 138 assumptions or basis underlying such statements. We have chosen these assumptions or basis in good faith, and we Cash Flow Statement 139 believe that they are reasonable in all material respects. Statement of Changes in Equity 141 However, we caution that actual results, performance or achievements could differ materially from those expressed or Notes on Financial Statements 143 implied in such forward-looking statements. We undertake no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise At JYOTI RESINS AND ADHESIVES LIMITED, our brand EURO Adhesives is driven by the core belief "Sirf Jodo Nahi, Fayedon Ke Saath Jodo." We believe a great adhesive isn't just about bonding, it's about delivering more at every step. With our Dealers, we build lasting partnerships rooted in performance and trust, offering products that bring real value, be it superior strength, longer shelf life, or easier application. With Carpenters, we share a deep commitment to quality and convenience, ensuring every drop of EURO Adhesives works harder, YEARS OF smarter, and better for them. "Fayedon Ke Saath Jodo" isn't just a line, it's a promise of meaningful benefits that go beyond bonding. It's what makes every furniture piece stronger, every project smoother, and everyone happier. UNSHAKABLE BONDS "Twenty Years of the Unshakable Bonds" marks EURO Adhesives’ remarkable 20-year journey since its launch in 2006. Over two decades, it has grown to become India's second-largest retail wood adhesive brand. The theme celebrates not only the strength of every bond created by our adhesive but also the enduring relationships we've built with carpenters, dealers, interior designers and partners, backed by the achievements of FY 2025–26. www.euroadhesives.com 03 04 About the Company A Legacy of Quality and Innovation Euro Adhesive has established itself as the second-largest Wood Adhesive (White Glue) brand in India's retail segment. Renowned for its quality, performance, and reliability, the brand has earned the trust of consumers, Jyoti Resins and Adhesives Limited is one of India's most trusted and contractors, and woodworking professionals, including carpenters. Its exceptional bonding strength, versatility, and durability have made it the 'Adhesive of Choice' for a wide range of wood-based applications. fastest-growing wood adhesive manufacturers. One of India's Backed by More Than Three 40,000 TPA 2x Decades of fastest-growing Capacity Growth in last Manufacturing Capacity Expertise 2-3 Years Wood Adhesive Brands Established in 1994, Jyoti Resins and Adhesives Limited launched the brand 'Euro 7000 Wood Adhesive' in the year 2006. With a state-of-the-art manufacturing unit in Santej (Gandhinagar, Gujarat), we continue to serve customers across 14 states in India. Our adhesive manufacturing units are equipped with state-of-the-art machinery, ensuring the production of superior quality adhesives. We adhere to stringent quality standards and conduct rigorous testing at every stage of the manufacturing process. Our advanced machinery not only guarantees quality but also enhances operational efficiency, enabling us to meet growing demand while maintaining cost-effectiveness. Values that drive us Trust Performance Learning Speed and Agility Team Work 05 06 About the Company OPERATIONAL AND MARKET PRESENCE 1 40,000 MANUFACTURING UNIT TONS PER ANNUM AT SANTEJ, GUJARAT CAPACITY Himachal Pradesh Punjab Haryana Delhi Uttar Pradesh Rajasthan Gujarat West Bengal Madhya Pradesh Chhattisgarh Maharashtra MARKET PRESENCE Telangana Andhra Pradesh Karnataka D I S C L A I M E R : THIS MAP IS A GENERALIZED ILLUSTRATION ONLY FOR THE EASE OF THE READER TO UNDERSTAND THE LOCATIONS, AND IS NOT INTENDED TO BE USED FOR REFERENCE PURPOSES. THE REPRESENTATION OF POLITICAL BOUNDARIES AND THE NAMES OF GEOGRAPHICAL FEATURES/STATES DO NOT NECESSARILY REFLECT THE ACTUAL POSITION. THE COMPANY OR ANY OF ITS DIRECTORS, OFFICERS OR EMPLOYEES CANNOT BE HELD RESPONSIBLE FOR ANY MISUSE OR MISINTERPRETATION OF ANY INFORMATION OR DESIGN THERE OF. THE COMPANY DOES NOT WARRANT OR REPRESENT, IN ANY MANNER, THE ACCURACY OR COMPLETENESS OF THE SAME. 07 08 MISSION & VISION MISSION To reach every customer & consumer in India with adhesive 02 solutions that provide stronger bonds, faster turnaround, cost efficiency, and reliable results. VISION 0203 To be India’s #1 choice for wood adhesives by delivering clear, measurable benefits that make work easier and more beneficial for all stakeholders. PROMISE To continuously create opportunities for team members, partners, stakeholders, and customers by building strong value chain and sustainable growth. 09 10 Our Journey 2023 Foray into New Delhi 2024-2025 & UP with 5 New Collaboration with Branches. Mr. Pankaj Tripathi Boosted 2022 Brand Visibility and market Connect. - Doubles the Production Capacity to 2000 TPM. - Initiates Process to s [Showing first 8,000 characters — download PDF for full document]