The Ujala maker just lost Pril. What now?

In today’s Finshots, we explain how Jyothy Labs built a business on borrowed names like Henko, Mr.

White, Pril, and Fa, and what happens now that a couple of them are gone.But here’s a quick sidenote before we begin. This weekend, we’re hosting a free 2-day Insurance Masterclass that helps you build real financial security by understanding health and life insurance the right way.📅 Saturday (tomorrow), 16th May at 11:30 AM: Life Insurance How to protect your family, choose the right cover amount, and understand what truly matters during a claim.📅 Sunday, 17th May at 11:30 AM: Health Insurance How hospitals process claims, common deductions, the mistakes buyers usually make, and how to choose a policy that won’t disappoint you when you need it most.👉🏽 Click here to register while seats last.Now onto today’s story.The StoryOn Monday, shares of Jyothy Labs fell over 11% in a single session. That’s a brutal one-day fall for a stock that had already crashed more than 55% from its all-time peak.The trigger?German FMCG giant Henkel AG told Jyothy Labs that it would not renew the licensing agreements for the Pril dishwash and Fa personal care brands after May 31st, 2026.To give you some quick context, back in 2011, Jyothy Labs acquired Henkel’s India consumer business through a long-term deal. The arrangement allowed Jyothy to use Henkel’s brands and assets while also running the India operations.But 15 years later, Henkel has decided to walk away from the partnership.

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And as you can see, the market doesn’t seem happy.To understand why, you first need to understand how Jyothy Labs actually makes money.See, Jyothy Labs began in Kerala in 1983 when M. P. Ramachandran started the business with a single product.