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 ₹ 1,628 Cr.
- Current Price ₹ 416
- High / Low ₹ 558 / 298
- Stock P/E 25.8
- Book Value ₹ 126
- Dividend Yield 0.24 %
- ROCE 20.0 %
- ROE 14.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
* 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 | TTM | |
|---|---|---|---|---|---|---|---|
| 398 | 434 | 611 | 782 | 666 | 847 | 911 | |
| 379 | 390 | 554 | 706 | 620 | 761 | 831 | |
| Operating Profit | 20 | 44 | 57 | 76 | 46 | 87 | 80 |
| OPM % | 5% | 10% | 9% | 10% | 7% | 10% | 9% |
| 8 | 5 | 10 | 10 | 6 | 10 | 14 | |
| 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 | 88 |
| Tax % | 27% | 30% | 25% | 26% | 26% | 26% | |
| 14 | 29 | 43 | 57 | 32 | 67 | 66 | |
| EPS in Rs | 106.23 | 192.13 | 327.95 | 17.32 | 7.88 | 16.34 | 16.08 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 12% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 37% |
| 3 Years: | 17% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 16% |
| Last Year: | 15% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 32 | 39 | 39 | 39 |
| Reserves | 84 | 107 | 151 | 176 | 359 | 426 | 454 |
| 52 | 74 | 94 | 70 | 14 | 0 | 5 | |
| 12 | 27 | 18 | 20 | 37 | 33 | 34 | |
| Total Liabilities | 149 | 210 | 264 | 298 | 449 | 498 | 533 |
| 21 | 23 | 22 | 35 | 42 | 39 | 64 | |
| CWIP | 0 | 0 | 7 | 1 | 0 | 1 | 2 |
| Investments | 6 | 9 | 8 | 3 | 43 | 51 | 119 |
| 123 | 178 | 226 | 259 | 364 | 407 | 348 | |
| Total Assets | 149 | 210 | 264 | 298 | 449 | 498 | 533 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 41 | -7 | 7 | 31 | 76 | -11 | |
| -11 | -6 | -5 | -5 | -140 | 25 | |
| -30 | 17 | -0 | -29 | 107 | -29 | |
| Net Cash Flow | -0 | 4 | 1 | -2 | 43 | -15 |
| Free Cash Flow | 35 | -13 | -2 | 21 | 67 | -16 |
| CFO/OP | 239% | 4% | 40% | 67% | 189% | 13% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 46 | 76 | 57 | 54 | 64 | 61 |
| Inventory Days | 49 | 51 | 65 | 60 | 37 | 60 |
| Days Payable | 3 | 8 | 4 | 5 | 5 | 9 |
| Cash Conversion Cycle | 91 | 119 | 118 | 109 | 96 | 112 |
| Working Capital Days | 59 | 72 | 68 | 82 | 96 | 119 |
| ROCE % | 27% | 28% | 30% | 14% | 20% |
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
- Board Meeting Outcome for Outcome Of Board Meeting Dated 14.05.2026 4m
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Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation
9 May - J.G. Chemicals to host Q4 & FY26 earnings conference call on 15 May 2026 at 3:30 PM IST.
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Board Meeting Intimation for The Audited Financial Results (Standalaone And Consolidated) For The Quarter And Year Ended 31.03.2026 And To Recommend Payment Of Fianl Dividend For The Financial Year Ended 31.03.2026
9 May - Board meets 14 May 2026 to approve FY26 audited results and consider final dividend.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
2 Apr - Regulation 74(5) certificate filed for quarter ended 31 March 2026.
- Closure of Trading Window 26 Mar
Concalls
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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.