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 25.7
- Book Value ₹ 135
- Dividend Yield 0.23 %
- ROCE 18.1 %
- ROE 13.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Company has a low return on equity of 13.0% over last 3 years.
- Dividend payout has been low at 4.22% of profits over last 3 years
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 398 | 434 | 611 | 782 | 666 | 847 | 973 | |
| 379 | 390 | 554 | 706 | 620 | 761 | 891 | |
| Operating Profit | 20 | 44 | 57 | 76 | 46 | 87 | 82 |
| OPM % | 5% | 10% | 9% | 10% | 7% | 10% | 8% |
| 8 | 5 | 10 | 10 | 6 | 10 | 16 | |
| Interest | 6 | 5 | 7 | 5 | 4 | 1 | 1 |
| Depreciation | 2 | 2 | 3 | 3 | 5 | 5 | 5 |
| Profit before tax | 19 | 41 | 57 | 77 | 43 | 90 | 92 |
| Tax % | 27% | 30% | 25% | 26% | 26% | 26% | 25% |
| 14 | 29 | 43 | 57 | 32 | 67 | 69 | |
| EPS in Rs | 106.23 | 192.13 | 327.95 | 17.32 | 7.88 | 16.34 | 16.81 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% | 7% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 8% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 7% |
| TTM: | 5% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| Last Year: | 13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 32 | 39 | 39 | 39 |
| Reserves | 84 | 107 | 151 | 176 | 359 | 426 | 489 |
| 52 | 74 | 94 | 70 | 14 | 0 | 6 | |
| 12 | 27 | 18 | 20 | 37 | 33 | 34 | |
| Total Liabilities | 149 | 210 | 264 | 298 | 449 | 498 | 569 |
| 21 | 23 | 22 | 35 | 42 | 39 | 67 | |
| CWIP | 0 | 0 | 7 | 1 | 0 | 1 | 8 |
| Investments | 6 | 9 | 8 | 3 | 43 | 51 | 136 |
| 123 | 178 | 226 | 259 | 364 | 407 | 358 | |
| Total Assets | 149 | 210 | 264 | 298 | 449 | 498 | 569 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 41 | -7 | 7 | 31 | 76 | -11 | 44 | |
| -11 | -6 | -5 | -5 | -140 | 25 | -60 | |
| -30 | 17 | -0 | -29 | 107 | -29 | 1 | |
| Net Cash Flow | -0 | 4 | 1 | -2 | 43 | -15 | -15 |
| Free Cash Flow | 35 | -13 | -2 | 21 | 67 | -16 | 5 |
| CFO/OP | 239% | 4% | 40% | 67% | 189% | 13% | 81% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 76 | 57 | 54 | 64 | 61 | 64 |
| Inventory Days | 49 | 51 | 65 | 60 | 37 | 60 | 42 |
| Days Payable | 3 | 8 | 4 | 5 | 5 | 9 | 5 |
| Cash Conversion Cycle | 91 | 119 | 118 | 109 | 96 | 112 | 101 |
| Working Capital Days | 59 | 72 | 68 | 82 | 96 | 119 | 156 |
| ROCE % | 27% | 28% | 30% | 14% | 20% | 18% |
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.