J B Chemicals & Pharmaceuticals Ltd
J.B. Chemicals and Pharmaceuticals Limited, established in 1976, is one of India's leading pharmaceutical companies. An integrated, publicly-listed organization with a focus on supplying affordable, quality products both in India and internationally, JBCPL is trusted by healthcare professionals globally. [1]
- Market Cap ₹ 35,204 Cr.
- Current Price ₹ 2,193
- High / Low ₹ 2,225 / 1,603
- Stock P/E 50.7
- Book Value ₹ 251
- Dividend Yield 0.71 %
- ROCE 25.2 %
- ROE 18.7 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 31.4%
- Promoter holding has increased by 1.25% over last quarter.
Cons
- Stock is trading at 8.72 times its book value
- Promoter holding has decreased over last 3 years: -5.13%
- Working capital days have increased from 108 days to 197 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Healthcare Healthcare Pharmaceuticals & Biotechnology Pharmaceuticals
Part of BSE 500 BSE Healthcare Nifty 500 Nifty Pharma Nifty500 Shariah
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,061 | 1,144 | 1,175 | 1,250 | 1,501 | 1,641 | 1,892 | 2,190 | 2,884 | 3,299 | 3,723 | 3,890 | |
| 868 | 917 | 952 | 1,050 | 1,209 | 1,270 | 1,340 | 1,681 | 2,219 | 2,419 | 2,705 | 2,834 | |
| Operating Profit | 193 | 226 | 222 | 199 | 292 | 370 | 552 | 509 | 665 | 880 | 1,018 | 1,056 |
| OPM % | 18% | 20% | 19% | 16% | 19% | 23% | 29% | 23% | 23% | 27% | 27% | 27% |
| 10 | 55 | 46 | 39 | 37 | 37 | 116 | 39 | 9 | 34 | 35 | 28 | |
| Interest | 7 | 10 | 5 | 3 | 5 | 3 | 7 | 5 | 34 | 41 | 9 | 5 |
| Depreciation | 38 | 40 | 46 | 56 | 55 | 65 | 67 | 71 | 112 | 135 | 166 | 177 |
| Profit before tax | 159 | 231 | 217 | 179 | 269 | 340 | 594 | 471 | 527 | 738 | 877 | 903 |
| Tax % | 29% | 22% | 20% | 29% | 32% | 21% | 25% | 23% | 26% | 26% | 26% | 25% |
| 114 | 179 | 173 | 128 | 182 | 268 | 447 | 361 | 389 | 543 | 653 | 674 | |
| EPS in Rs | 6.70 | 10.57 | 10.20 | 7.66 | 11.34 | 17.34 | 28.92 | 23.35 | 25.12 | 35.01 | 41.92 | 41.98 |
| Dividend Payout % | 105% | 24% | 5% | 13% | 22% | 32% | 29% | 35% | 35% | 35% | 37% | 22% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 16% |
| 3 Years: | 10% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 16% |
| 5 Years: | 12% |
| 3 Years: | 22% |
| TTM: | 10% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 33% |
| 5 Years: | 25% |
| 3 Years: | 29% |
| 1 Year: | 29% |
| Return on Equity | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | 19% |
| 3 Years: | 20% |
| Last Year: | 19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 17 | 17 | 17 | 17 | 16 | 15 | 15 | 15 | 15 | 16 | 16 | 16 |
| Reserves | 999 | 1,206 | 1,371 | 1,437 | 1,469 | 1,430 | 1,791 | 2,088 | 2,427 | 2,871 | 3,362 | 4,022 |
| 105 | 175 | 49 | 28 | 26 | 29 | 39 | 52 | 547 | 359 | 12 | 3 | |
| 327 | 244 | 248 | 285 | 283 | 337 | 355 | 382 | 480 | 668 | 788 | 783 | |
| Total Liabilities | 1,449 | 1,641 | 1,684 | 1,767 | 1,793 | 1,811 | 2,200 | 2,538 | 3,470 | 3,914 | 4,178 | 4,824 |
| 301 | 369 | 609 | 570 | 552 | 583 | 565 | 1,204 | 1,822 | 1,925 | 1,883 | 1,809 | |
| CWIP | 55 | 135 | 4 | 17 | 15 | 16 | 26 | 19 | 55 | 76 | 62 | 61 |
| Investments | 598 | 612 | 544 | 567 | 589 | 536 | 811 | 146 | 339 | 531 | 488 | 908 |
| 495 | 525 | 528 | 613 | 636 | 676 | 799 | 1,170 | 1,254 | 1,381 | 1,745 | 2,045 | |
| Total Assets | 1,449 | 1,641 | 1,684 | 1,767 | 1,793 | 1,811 | 2,200 | 2,538 | 3,470 | 3,914 | 4,178 | 4,824 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 143 | 171 | 178 | 116 | 193 | 272 | 335 | 147 | 629 | 789 | 884 | 645 | |
| -122 | -52 | -42 | -24 | -28 | 24 | -231 | 4 | -956 | -412 | -290 | -587 | |
| -23 | -97 | -165 | -59 | -156 | -305 | -87 | -138 | 343 | -374 | -574 | -108 | |
| Net Cash Flow | -2 | 22 | -30 | 32 | 9 | -10 | 18 | 13 | 16 | 2 | 20 | -50 |
| Free Cash Flow | 73 | -18 | 25 | 87 | 152 | 203 | 336 | -550 | -128 | 532 | 774 | 566 |
| CFO/OP | 94% | 98% | 102% | 77% | 87% | 97% | 86% | 54% | 108% | 104% | 106% | 84% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 85 | 85 | 82 | 88 | 73 | 77 | 72 | 86 | 66 | 69 | 75 | 67 |
| Inventory Days | 109 | 108 | 131 | 134 | 142 | 149 | 163 | 172 | 136 | 152 | 137 | 193 |
| Days Payable | 53 | 56 | 65 | 76 | 76 | 97 | 96 | 96 | 78 | 109 | 112 | 111 |
| Cash Conversion Cycle | 141 | 137 | 149 | 145 | 139 | 128 | 139 | 162 | 124 | 112 | 101 | 148 |
| Working Capital Days | 24 | 38 | 80 | 98 | 92 | 82 | 89 | 124 | 81 | 52 | 77 | 197 |
| ROCE % | 14% | 17% | 12% | 9% | 17% | 22% | 32% | 22% | 22% | 24% | 26% | 25% |
Insights
In beta| Mar 2011 | Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Dec 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Medical Representative Productivity (PCPM) INR Lakhs per month |
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| Number of Brands in Top 300 (IPM) Count |
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| Field Force Strength (Medical Representatives) Count |
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| Cardiac Therapy Market Rank (IPM) Rank |
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| India Distribution Locations Count |
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| Lozenge Manufacturing Global Rank Rank |
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| Annual New Product Launches (Domestic) Count |
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| Domestic Formulations Volume Growth % |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Secretarial compliance report for FY2025-26 issued; company reported full compliance with SEBI regulations.
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Intimation Of Record Date
2d - May 29, 2026 set as record date for FY2025-26 final dividend eligibility.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 20 May
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
13 May - Q4 FY26 call: revenue INR904 crore, PAT INR101 crore, final dividend INR9.3, merger hearing in June.
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
12 May - Q4FY26 results and developments investor call recording available on company website.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2012
from nse
Concalls
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May 2026TranscriptPPT
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Jan 2026Transcript PPT REC
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Nov 2025Transcript PPT
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Aug 2025Transcript PPT
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Jun 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024Transcript PPT REC
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Dec 2023Transcript PPT
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Nov 2023Transcript PPT
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Aug 2023Transcript PPT
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May 2023Transcript PPT
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Feb 2023Transcript PPT
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Jan 2023TranscriptAI SummaryPPT
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Nov 2022Transcript PPT
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Aug 2022Transcript PPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Jan 2022Transcript PPT
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Nov 2021Transcript PPT
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Aug 2021Transcript PPT
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Aug 2021TranscriptPPT
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Jun 2021TranscriptPPT
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Mar 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Jun 2020TranscriptAI SummaryPPT
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Feb 2020TranscriptAI SummaryPPT
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Sep 2019TranscriptAI SummaryPPT
Revenue Split H1FY24
Domestic Formulations - 55%
Export Formulations - 30%
Contract Manufacturing - 13%
APIs - 2% [1]