J.G.Chemicals Ltd
Incorporated in 2001, J.G Chemicals is a leading Zinc Oxide Manufacturer having the capability to produce up to 80 grades of Zinc oxide[1]
- Market Cap ₹ 1,694 Cr.
- Current Price ₹ 432
- High / Low ₹ 558 / 298
- Stock P/E 79.0
- Book Value ₹ 84.5
- Dividend Yield 0.23 %
- ROCE 8.92 %
- ROE 6.67 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Stock is trading at 5.12 times its book value
- The company has delivered a poor sales growth of 9.05% over past five years.
- Company has a low return on equity of 6.29% over last 3 years.
- Earnings include an other income of Rs.16.8 Cr.
- Dividend payout has been low at 13.2% of profits over last 3 years
- Working capital days have increased from 153 days to 219 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
Commodities Chemicals Chemicals & Petrochemicals Commodity Chemicals
Part of BSE Commodities
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 226 | 187 | 256 | 335 | 245 | 272 | 289 | |
| 216 | 177 | 241 | 307 | 234 | 258 | 275 | |
| Operating Profit | 9 | 10 | 15 | 28 | 11 | 14 | 14 |
| OPM % | 4% | 5% | 6% | 8% | 4% | 5% | 5% |
| 8 | 4 | 9 | 8 | 6 | 15 | 17 | |
| Interest | 3 | 2 | 2 | 1 | 1 | 0 | 0 |
| Depreciation | 1 | 0 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 14 | 12 | 21 | 34 | 14 | 27 | 29 |
| Tax % | 26% | 40% | 24% | 26% | 25% | 26% | 25% |
| 10 | 7 | 16 | 25 | 11 | 20 | 21 | |
| EPS in Rs | 85.25 | 56.56 | 129.51 | 7.95 | 2.75 | 5.11 | 5.47 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 20% | 20% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | -5% |
| TTM: | 6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 25% |
| 3 Years: | -5% |
| TTM: | 12% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 9% |
| 3 Years: | 6% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 32 | 39 | 39 | 39 |
| Reserves | 69 | 76 | 92 | 87 | 250 | 273 | 292 |
| 20 | 22 | 24 | 13 | 0 | 0 | 6 | |
| 3 | 7 | 6 | 5 | 22 | 10 | 8 | |
| Total Liabilities | 93 | 107 | 123 | 137 | 312 | 322 | 346 |
| 4 | 5 | 5 | 5 | 9 | 7 | 34 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 6 |
| Investments | 9 | 11 | 11 | 6 | 44 | 45 | 71 |
| 81 | 90 | 107 | 126 | 259 | 269 | 235 | |
| Total Assets | 93 | 107 | 123 | 137 | 312 | 322 | 346 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 27 | 4 | -3 | 6 | 28 | -13 | -7 | |
| -7 | -1 | 3 | 5 | -141 | 8 | -5 | |
| -20 | 1 | -0 | -12 | 154 | -15 | 1 | |
| Net Cash Flow | -0 | 4 | -0 | -0 | 40 | -20 | -11 |
| Free Cash Flow | 26 | 3 | -4 | 5 | 24 | -14 | -40 |
| CFO/OP | 323% | 75% | 16% | 52% | 290% | -47% | -10% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 76 | 57 | 55 | 66 | 66 | 72 |
| Inventory Days | 46 | 45 | 74 | 38 | 41 | 64 | 60 |
| Days Payable | 4 | 8 | 5 | 4 | 7 | 6 | 6 |
| Cash Conversion Cycle | 87 | 113 | 126 | 88 | 100 | 124 | 127 |
| Working Capital Days | 79 | 94 | 101 | 111 | 98 | 142 | 219 |
| ROCE % | 14% | 21% | 28% | 8% | 9% | 9% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|---|
| Aggregate Installed Capacity MTPA |
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| Zinc Oxide Installed Capacity MTPA |
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| Capacity Utilization (Average) % |
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| Total Production Volume MT |
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| Working Capital Cycle Days |
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| Customer Retention Rate % |
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| Market Share in Indian Zinc Oxide Industry % |
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| Number of Domestic Customers Count |
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| Number of Global Customers Count |
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| Number of Specialized Zinc Oxide Grades Count |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 28 May
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 May
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Announcement under Regulation 30 (LODR)-Earnings Call Transcript
21 May - Transcript of Earnings Conference Call for Financial Performance for the 4th Quarter and Year ended March 31, 2026
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 May
- Announcement under Regulation 30 (LODR)-Newspaper Publication 16 May
Concalls
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May 2026Transcript PPT REC
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Feb 2026Transcript PPT
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Feb 2026TranscriptAI SummaryPPT
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Nov 2025Transcript PPT
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT REC
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May 2025TranscriptAI SummaryPPT
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Feb 2025TranscriptAI SummaryPPT
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Nov 2024TranscriptAI SummaryPPT
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Aug 2024TranscriptAI SummaryPPT
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Jul 2024TranscriptAI SummaryPPT
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May 2024TranscriptAI SummaryPPT
Zinc Manufacturer:[1]
JG Chemical is the largest zinc oxide manufacturer in India with a 30% market share, and top 5 global producer, employing the widely adopted French process technology.