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 ₹ 1,765 Cr.
- Current Price ₹ 450
- High / Low ₹ 484 / 171
- Stock P/E 32.1
- Book Value ₹ 111
- Dividend Yield 0.00 %
- ROCE 13.6 %
- ROE 10.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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.
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 | TTM | |
|---|---|---|---|---|---|---|
| 398 | 434 | 611 | 782 | 666 | 757 | |
| 379 | 390 | 554 | 706 | 620 | 682 | |
| Operating Profit | 20 | 44 | 57 | 76 | 46 | 75 |
| OPM % | 5% | 10% | 9% | 10% | 7% | 10% |
| 8 | 5 | 10 | 10 | 6 | 9 | |
| Interest | 6 | 5 | 7 | 5 | 4 | 2 |
| Depreciation | 2 | 2 | 3 | 3 | 5 | 5 |
| Profit before tax | 19 | 41 | 57 | 77 | 43 | 77 |
| Tax % | 27% | 30% | 25% | 26% | 26% | |
| 14 | 29 | 43 | 57 | 32 | 57 | |
| EPS in Rs | 106.23 | 192.13 | 327.95 | 17.32 | 7.88 | 14.65 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 15% |
| TTM: | -15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | -42% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 20% |
| Last Year: | 10% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 32 | 39 | 39 |
| Reserves | 84 | 107 | 151 | 176 | 359 | 397 |
| 52 | 74 | 94 | 70 | 14 | 13 | |
| 12 | 27 | 18 | 20 | 37 | 27 | |
| Total Liabilities | 149 | 210 | 264 | 298 | 449 | 477 |
| 21 | 23 | 22 | 35 | 42 | 40 | |
| CWIP | 0 | 0 | 7 | 1 | 0 | 0 |
| Investments | 6 | 9 | 8 | 3 | 43 | 59 |
| 123 | 178 | 226 | 259 | 364 | 377 | |
| Total Assets | 149 | 210 | 264 | 298 | 449 | 477 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 41 | -7 | 7 | 31 | 76 | |
| -11 | -6 | -5 | -5 | -140 | |
| -30 | 17 | -0 | -29 | 107 | |
| Net Cash Flow | -0 | 4 | 1 | -2 | 43 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 46 | 76 | 57 | 54 | 64 |
| Inventory Days | 49 | 51 | 65 | 60 | 37 |
| Days Payable | 3 | 8 | 4 | 5 | 5 |
| Cash Conversion Cycle | 91 | 119 | 118 | 109 | 96 |
| Working Capital Days | 102 | 130 | 121 | 111 | 102 |
| ROCE % | 27% | 28% | 30% | 14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
25 Nov - Schedule of Analyst/Institutional Investor Meet on 28th November.
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 21 Nov
-
Announcement under Regulation 30 (LODR)-Meeting Updates
19 Nov - Outcome of Analysts'/Investors' Meeting on 19th November.
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
-
Statement Of Deviation & Variation In The Use Of Proceeds Of IPO Under Regulation 32 Of SEBI LODR Along With Monitoring Agency Report
14 Nov - Confirmation of no deviation in IPO fund utilization.
Leading Zinc Manufacturer[1] JG Chemical is the largest zinc oxide manufacturer in India and top-10 global producer, employing the widely adopted French process technology. As of March 2022, company holds 30% market share.