Jubilant Ingrevia Ltd

Jubilant Ingrevia Ltd

₹ 677 0.23%
21 May - close price
About

Jubilant Ingrevia, a global integrated Life Science products and Innovative Solutions provider serving, Pharmaceutical, Nutrition, Agrochemical, Consumer and Industrial customers with our customised products and solutions that are innovative, cost-effective and conforming to excellent quality standards.

Jubilant Ingrevia’s portfolio also extends to custom research and manufacturing for pharmaceutical and agrochemical customers on an exclusive basis. [1]

Key Points

Leadership[1]
# 40+ years of legacy in Chemicals space, started in 1978
# Global player in Pyridine + Beta, Vitamin B3 and Acetic Anhydride.
# Serves 15 of the top 20 Global Pharma & 7 of the top 10 Global Agrochemical companies.
# Leading Low-Cost provider.

  • Market Cap 10,784 Cr.
  • Current Price 677
  • High / Low 885 / 462
  • Stock P/E 42.9
  • Book Value 184
  • Dividend Yield 0.74 %
  • ROCE 11.1 %
  • ROE 8.87 %
  • Face Value 1.00

Pros

  • Company has been maintaining a healthy dividend payout of 33.5%

Cons

  • Stock is trading at 3.68 times its book value
  • Company has a low return on equity of 9.24% over last 3 years.
  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025
1,296 1,166 1,304 1,158 1,145 1,075 1,020 966 1,074 1,024 1,045 1,057 1,051
1,153 1,025 1,151 1,007 1,043 958 902 871 983 915 921 918 905
Operating Profit 142 141 153 151 102 117 118 96 91 110 124 138 147
OPM % 11% 12% 12% 13% 9% 11% 12% 10% 8% 11% 12% 13% 14%
9 10 7 7 9 8 9 9 10 10 10 9 8
Interest 6 4 5 7 6 11 13 15 14 14 15 12 14
Depreciation 31 31 31 30 30 32 34 34 36 39 40 40 39
Profit before tax 115 116 124 122 76 81 80 55 51 66 80 96 102
Tax % 40% 31% 32% 25% 31% 29% 28% 30% 43% 26% 26% 27% 27%
69 79 84 92 52 58 57 39 29 49 59 69 74
EPS in Rs 4.31 4.98 5.29 5.75 3.28 3.62 3.61 2.42 1.84 3.06 3.70 4.36 4.65
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 684 4,949 4,773 4,136 4,178
0 567 4,108 4,224 3,708 3,659
Operating Profit -0 117 841 549 427 519
OPM % 17% 17% 11% 10% 12%
0 -10 22 32 29 38
Interest 0 7 31 22 53 56
Depreciation 0 22 123 122 136 158
Profit before tax -0 77 709 437 268 344
Tax % 0% 30% 33% 30% 32% 27%
-0 54 477 308 183 251
EPS in Rs -3.40 3.41 29.93 19.31 11.48 15.77
Dividend Payout % 0% 10% 17% 26% 43% 31%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: -5%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: 331%
3 Years: -20%
TTM: 34%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 14%
1 Year: 31%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 9%
Last Year: 9%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Equity Capital 0.05 16 16 16 16 16
Reserves -0 1,907 2,417 2,650 2,722 2,911
0 556 238 407 740 764
0 888 1,111 1,176 1,241 1,341
Total Liabilities 0 3,366 3,782 4,249 4,719 5,032
0 1,805 1,798 1,846 2,539 2,581
CWIP 0 65 174 525 331 525
Investments 0 50 6 8 15 37
0 1,446 1,804 1,870 1,834 1,889
Total Assets 0 3,366 3,782 4,249 4,719 5,032

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 112 453 462 430 508
0 33 -71 -469 -568 -393
0 -72 -418 42 144 -129
Net Cash Flow 0 73 -36 35 6 -13

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Debtor Days 251 43 39 50 53
Inventory Days 601 117 146 160 163
Days Payable 685 103 113 131 141
Cash Conversion Cycle 167 57 72 80 75
Working Capital Days 269 59 61 64 65
ROCE % 8% 29% 16% 10% 11%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
51.47% 51.47% 51.47% 51.47% 51.47% 51.47% 51.47% 51.47% 51.47% 51.47% 51.47% 51.47%
10.19% 9.24% 8.40% 7.73% 6.15% 6.30% 6.35% 6.58% 6.55% 7.22% 6.89% 7.12%
0.70% 2.36% 4.89% 5.97% 6.72% 9.18% 11.17% 13.60% 14.07% 15.47% 15.99% 15.91%
37.44% 36.72% 35.03% 34.62% 34.83% 32.22% 30.17% 27.53% 27.10% 25.09% 24.90% 24.76%
0.20% 0.20% 0.19% 0.19% 0.82% 0.82% 0.82% 0.81% 0.81% 0.77% 0.74% 0.73%
No. of Shareholders 1,93,8581,95,7041,86,8951,85,0621,86,2941,73,5331,62,2021,50,3881,42,7361,25,3671,24,8301,20,406

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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Documents

Concalls