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Jyoti Resins just announced its Q3 FY26 results — and the numbers are not as straightforward as they look. Sales were largely flat, profits declined, and margins came under pressure. But at the same time, the company remains debt-free, cash-rich, and is aggressively investing in branding, distribution, and capacity expansion. So what’s really happening behind the scenes? In this video, I break down Jyoti Resins’ Q3 FY26 performance in simple terms — comparing it with previous quarters and explaining why margins fell, where growth is coming from, and what management is planning next. We’ll also discuss: ✅ Impact of heavy advertising spend ✅ Volume trends vs revenue growth ✅ Cash flows & balance sheet strength ✅ Expansion plans and execution risks ✅ Key positives and red flags for retail investors Most importantly — is this still a steady compounder, or has execution risk increased? If you’re holding Jyoti Resins, or thinking about investing, this detailed, unbiased quarterly review will help you understand the real story beyond headlines. Watch till the end for a clear retail-investor view #JyotiResins #Q3FY26 #QuarterlyResults #IndianStocks #SmallCapStocks #StockMarketIndia #RetailInvestor #ChemicalStocks #EarningsUpdate