J.G. Chemicals Limited

J.G. Chemicals Limited

JGCHEM.NS
J.G. Chemicals LimitedIN flagNational Stock Exchange of India
456.35
INR
+11.10
- -
17.88BMarket Cap
J.G. Chemicals Limited
JGCHEM.NS
(National Stock Exchange of India)

Recent

price

456.35

P/E

ratio

- -

div

yld

- -

ROIC.AI

2021
2022
2023
2024
2025
2026
TTM
FRC
110.75
156.2
200.21
207.68
216.44
- -
249.15
Revenue per Share
5.98
10.21
14.02
9.6
16.34
- -
16.81
Basic EPS, GAAP
-3.25
-0.57
5.43
20.69
-4.06
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
26.7
36.67
51.66
74.82
77.74
- -
10
Book Value per Share
30.22
39.97
54.49
126.13
121.14
- -
138.05
Tangible Book Value per Share
39
39
39
32
39
- -
39
Basic Weighted Avg Shares
4,340
6,121
7,846
6,677
8,479
9,729
9,763
Sales/Revenue/Turnover
9.57
8.83
9.26
6.18
9.52
7.9
8.22
Operating Margin (%)
23
27
34
45
54
52
- -
Depreciation Expense
234
400
549
309
640
659
659
Net Income, GAAP
30.1
24.93
25.95
25.51
25.74
25.47
25.47
Effective Tax Rate (%)
5.4
6.54
7
4.62
7.55
6.77
6.75
Profit Margin (%)
906
1,220
1,797
3,544
4,217
4,532
4,532
Working Capital
55
56
67
36
- -
- -
- -
LT Debt
1,190
1,566
2,135
4,055
4,746
5,411
5,411
Total Equity
- -
18.13
20.08
8.73
13.4
11.2
11.7
Return on Invested Capital (%)
- -
19.17
21.7
11.88
21.49
34.06
34.06
Return on Capital (%)
- -
32.22
31.74
13.93
23.49
38.33
38.33
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
51
- -
64
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
39
- -
39
Market Capitalization
16,021
13,819
12,111

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
4,460
- -
4,789
Cash, Cash Equivalents & STI
1,643
- -
1,734
Accounts Receivable, Net
1,381
- -
1,710
Inventories
1,075
- -
918
Total Current Liabilities
264
- -
257
Payables & Accruals
- -
- -
- -
ST Debt
51
- -
64
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
37.78%
14%
Free Cash Flow
- -
-236.21%
-128.63%
Net Income, GAAP
- -
34.91%
2.91%
Sales/Revenue/Turnover
- -
19.21%
14.74%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,723
1,527
1,613
1,818
6,677
2025
2,030
2,121
2,091
2,243
8,479
2026
2,214
2,203
2,485
2,862
9,729

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.97
0.96
2.61
- -
9.6
2025
3.88
4.21
4.33
3.92
16.34
2026
4.03
3.67
4.5
4.61
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
J.G. Chemicals Limited J.G. Chemicals Limited (JGCHEM.NS) manufactures and sells zinc oxide and zinc sulphate, primarily through recycling zinc dross and ash; it produces over 80 grades of zinc oxide in purities ranging from 99.0% to 99.9% minimum, including rubber, paints, ceramics, pharmaceuticals, cosmetics, electronics, batteries, agrochemicals, fertilizers, specialty chemicals, lubricants, oil and gas, and animal feed applications; zinc sulphate heptahydrate and monohydrate serve industrial oils, animal feed, adhesives, PVC stabilizers, printer inks, ferrites, and tyre industry uses. The company markets its zinc oxide under the Luxmi brand and operates as India's largest zinc oxide producer and among the top three globally, with facilities in Jangalpur and Belur near Kolkata, West Bengal, and Naidupeta in Andhra Pradesh; its subsidiary BDJ Oxides Private Limited supports production at Naidupeta, which recently expanded capacity by 13,440 metric tons per annum for zinc oxide and 10,080 metric tons for zinc sulphate and allied chemicals. Founded in 1975 and headquartered in Kolkata, India, as part of the BDJ Group promoted by the Jhunjhunwala family, J.G. Chemicals Limited focuses on tire, non-rubber, and specialty segments, serving domestic and international markets. Recent developments include the purchase of 11.43 acres of land in Dahej, Gujarat, for Rs. 24.05 crores in May 2025 to expand zinc chemicals and sustainable recycling products, marking entry into western India; subsidiary land acquisition in Andhra Pradesh; and strategic shifts to grow non-rubber applications from 15% to over 30% of sales within four to five years.