J.G.Chemicals Ltd

JGCHEM

Watchlist

AI Mode

‌

Market Cap

₹ 1,420 Cr

P/E

22.74

‌

Investment Checklist

How to read checklist?

Performance

STEADY PERFORMER

Valuation

OVERVALUED

Growth

STABLE

Profitability

HIGH MARGIN

Technicals

Bearish

Risk

MODERATE RISK

Investment Checklist

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

‌
‌

‌

Price

PE Ratio

Price

‌

Overview

Detailed Summary

J.G. Chemicals Limited, established in 1975, is India's largest manufacturer of zinc oxide and a leading global producer, offering a wide array of zinc chemicals for various industrial applications.

The company is pioneering zinc recycling, adopting environmentally friendly manufacturing processes that cut CO2 emissions by 80%, helping position it as a leader in sustainable manufacturing.

Recent strategic investments include a new Dahej project, expected to increase revenue by INR 900 crores, strengthening their presence in Western India and diversifying beyond rubber applications.

Combining advanced, in-house recycling technologies and a robust global sourcing network, JGCL enjoys high barriers to entry, securing its market position against competitors.

Despite facing margin pressures in recent quarters mainly due to higher input costs and global shipping delays, the company is poised for growth with its strategic shifts and expansion projects.

Sector

Chemicals

Industry

Chemicals - Inorganic - Medium / Small

Market Cap

1,420 Cr

Volatility

High Risk

P/E Ratio

22.7

Industry P/E

19.7

PEG Ratio

2.8

P/B Ratio

2.9

52W High

558.40

52W Low

290.25

Sales CAGR

27.00%

1.94%

3.74%

10Y

—

Profit CAGR

107.91%

8.22%

13.99%

10Y

—

ROE

TTM

12.67%

13.70%

15.57%

10Y

—

ROCE

TTM

17.73%

19.81%

23.61%

10Y

—

Technicals

‌

Forecasts

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
JGCHEM	363.00	1,420 Cr	22.74	2.88	0.28	12.67	17.73	12.22
INDOBORAX	277.00	914 Cr	23.41	2.53	0.35	10.82	14.95	11.92
CHEMFAB	467.15	667 Cr	524.89	1.76	0.27	0.34	3.23	-1.19
OCCLLTD	95.40	480 Cr	13.41	1.17	1.56	8.71	10.92	6.27
NPL	504.00	287 Cr	—	0.82	0.00	-1.92	-1.73	-1.53
COCHINM	259.80	205 Cr	12.20	1.24	3.06	10.13	15.49	8.46
ALKALI	82.40	84 Cr	—	2.04	0.61	-1.04	1.50	-3.16

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	172	153	161	181	203	212	209	224	218	220
Expenses	167	145	147	164	180	191	186	205	198	202
Operating Profit	5.48	7.91	15	17	22	21	23	19	20	18
OPM %	3.18	5.18	9.16	9.46	11.07	9.95	11.05	8.69	9.08	8.15
Other Income	2.16	-0.88	1.69	2.98	0.46	3.49	2.53	3.54	3.42	3.90
Interest	1.52	0.86	0.62	0.63	0.36	0.14	0.26	0.10	0.11	0.20
Depreciation	0.99	1.02	1.17	1.35	1.29	1.31	1.41	1.37	1.26	1.31
Profit Before Tax	5.13	5.15	15	18	21	23	24	22	22	20
Tax %	24.56	22.14	27.52	25.07	25.14	25.96	25.67	26.22	25.13	26.14
Net Profit	3.87	4.01	11	14	16	17	18	16	16	15
EPS in Rs	—	—	—	4.00	3.88	4.21	4.33	3.92	4.03	3.67

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	399	435	613	785	668	848	863
Expenses	380	392	557	709	622	762	780
Operating Profit	19	44	56	76	45	86	83
OPM %	4.82	9.99	9.16	9.62	6.79	10.16	9.67
Other Income	7.88	5.11	10	9.61	5.95	10	13
Interest	6.17	5.07	6.25	4.98	3.63	0.85	0.61
Depreciation	1.86	2.34	2.68	3.44	4.53	5.38	5.35
Profit Before Tax	19	41	57	77	43	90	91
Tax %	26.99	30.10	24.93	25.95	25.51	25.74	25.73
Net Profit	14	29	43	57	32	67	67
EPS in Rs	—	—	—	—	9.60	16.34	15.95
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	6.12	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1.22	1.22	1.22	32	39	39
Reserves	84	107	151	176	359	426
Borrowings	52	74	94	70	14	0.20
Other Liabilities	12	27	18	20	37	33
Total Liabilities	149	210	264	298	449	498
Fixed Assets	21	23	22	35	42	39
CWIP	0.33	0.04	7.38	0.92	0.00	1.09
Investments	5.75	8.63	8.49	2.96	43	51
Other Assets	123	178	226	259	364	407
Total Assets	149	210	264	298	449	498

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	41	-7.35	6.75	31	76	-11
Cash from Investing Activity	-11	-5.60	-5.42	-4.90	-140	25
Cash from Financing Activity	-30	17	-0.19	-29	107	-29
Net Cash Flow	-0.01	4.01	1.15	-2.30	43	-15

Shareholdings

Shareholding History

Quarterly

Yearly

Quarterly

	Jan 2023	Feb 2024	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Promoters	100.00%	100.00%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%
FIIs	0.00%	0.00%	6.22%	6.33%	6.61%	6.04%	6.09%	6.05%	4.32%
DIIs	0.00%	0.00%	3.16%	3.64%	3.77%	3.94%	3.70%	3.49%	3.15%
Public	0.00%	0.00%	19.62%	19.04%	18.62%	19.03%	19.21%	19.46%	21.53%
Total Shareholders	11	8	2,040	48,774	47,383	47,526	47,402	46,172	46,582

Market Transactions

Date	Party	Category	Type	Avg Price (₹)	Total Value (₹)	Quantity	Percent Traded
Jul 21, 2025	Hrti private limited	Bulk	Buy	530.61	12.92 Cr	2,43,575	0.62
Jul 21, 2025	Hrti private limited	Bulk	Sell	536.71	13.30 Cr	2,47,792	0.63
Jul 07, 2025	Qe securities llp	Bulk	Buy	516.39	17.54 Cr	3,39,729	0.86
Jul 07, 2025	Hrti private limited	Bulk	Buy	510.92	10.10 Cr	1,97,755	0.50
Jul 07, 2025	Qe securities llp	Bulk	Sell	518.84	17.92 Cr	3,45,355	0.88
Jul 07, 2025	Hrti private limited	Bulk	Sell	511.66	9.46 Cr	1,84,931	0.47
Aug 21, 2024	Graviton research capital llp	Bulk	Sell	405.11	14.66 Cr	3,61,899	0.92
Aug 21, 2024	Hrti private limited	Bulk	Sell	408.16	9.57 Cr	2,34,574	0.59
Aug 21, 2024	Graviton research capital llp	Bulk	Buy	405.06	14.66 Cr	3,62,011	0.92
Aug 21, 2024	Hrti private limited	Bulk	Buy	406.04	9.88 Cr	2,43,316	0.62

Projection

Actions

Action Type

‌
‌

Announcements

Last 7 days

Newest

Sentiment

Investor Meet

3 days ago

Analyst/Investor Meeting Scheduled

J.G. Chemicals Limited announced a scheduled meeting with institutional investors on December 17, 2025, adhering to SEBI regulations.

Documents

Presentations

Concalls

Reports

Presentations

Investor Presentation

Q2 FY26

Investor Presentation

Q1 FY26

Investor Presentation

Q4 FY25

Investor Presentation

Q3 FY25

Investor Presentation

Q2 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q1 FY25

Investor Presentation

Q4 FY24

AI Mode

Get instant AI-powered insights about company performance, financials, and strategy. Ask questions about trends, competition, and developments while receiving responses backed by official documents and market data, with clear attribution to source documents.

AI Mode

Financial Statements

AI Powered Summary

Discover detailed, AI-driven financial summaries that break down key metrics, trends, and insights—empowering you to make smarter investment decisions.

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

View Standalone

Total Figures

QoQ Changes

Total Figures

	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025
Sales	172	153	161	181	203	212	209	224	218	220
Expenses	167	145	147	164	180	191	186	205	198	202
Operating Profit	5.48	7.91	15	17	22	21	23	19	20	18
OPM %	3.18	5.18	9.16	9.46	11.07	9.95	11.05	8.69	9.08	8.15
Other Income	2.16	-0.88	1.69	2.98	0.46	3.49	2.53	3.54	3.42	3.90
Interest	1.52	0.86	0.62	0.63	0.36	0.14	0.26	0.10	0.11	0.20
Depreciation	0.99	1.02	1.17	1.35	1.29	1.31	1.41	1.37	1.26	1.31
Profit Before Tax	5.13	5.15	15	18	21	23	24	22	22	20
Tax %	24.56	22.14	27.52	25.07	25.14	25.96	25.67	26.22	25.13	26.14
Net Profit	3.87	4.01	11	14	16	17	18	16	16	15
EPS in Rs	—	—	—	4.00	3.88	4.21	4.33	3.92	4.03	3.67

Consolidated Profit Loss (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	TTM
Sales	399	435	613	785	668	848	863
Expenses	380	392	557	709	622	762	780
Operating Profit	19	44	56	76	45	86	83
OPM %	4.82	9.99	9.16	9.62	6.79	10.16	9.67
Other Income	7.88	5.11	10	9.61	5.95	10	13
Interest	6.17	5.07	6.25	4.98	3.63	0.85	0.61
Depreciation	1.86	2.34	2.68	3.44	4.53	5.38	5.35
Profit Before Tax	19	41	57	77	43	90	91
Tax %	26.99	30.10	24.93	25.95	25.51	25.74	25.73
Net Profit	14	29	43	57	32	67	67
EPS in Rs	—	—	—	—	9.60	16.34	15.95
Dividend Payout %	0.00	0.00	0.00	0.00	0.00	6.12	—

Consolidated Balance Sheet (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Equity Capital	1.22	1.22	1.22	32	39	39
Reserves	84	107	151	176	359	426
Borrowings	52	74	94	70	14	0.20
Other Liabilities	12	27	18	20	37	33
Total Liabilities	149	210	264	298	449	498
Fixed Assets	21	23	22	35	42	39
CWIP	0.33	0.04	7.38	0.92	0.00	1.09
Investments	5.75	8.63	8.49	2.96	43	51
Other Assets	123	178	226	259	364	407
Total Assets	149	210	264	298	449	498

Consolidated Cash Flows (in ₹ Crores)

View Standalone

Total Figures

YoY Changes

Total Figures

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025
Cash from Operating Activity	41	-7.35	6.75	31	76	-11
Cash from Investing Activity	-11	-5.60	-5.42	-4.90	-140	25
Cash from Financing Activity	-30	17	-0.19	-29	107	-29
Net Cash Flow	-0.01	4.01	1.15	-2.30	43	-15

Peers

Symbol	Price	Market Cap	P/E	P/B	Div Yield (%)	ROE (%)	ROCE (%)	ROA (%)
JGCHEM	363.00	1,420 Cr	22.74	2.88	0.28	12.67	17.73	12.22
INDOBORAX	277.00	914 Cr	23.41	2.53	0.35	10.82	14.95	11.92
CHEMFAB	467.15	667 Cr	524.89	1.76	0.27	0.34	3.23	-1.19
OCCLLTD	95.40	480 Cr	13.41	1.17	1.56	8.71	10.92	6.27
NPL	504.00	287 Cr	—	0.82	0.00	-1.92	-1.73	-1.53
COCHINM	259.80	205 Cr	12.20	1.24	3.06	10.13	15.49	8.46
ALKALI	82.40	84 Cr	—	2.04	0.61	-1.04	1.50	-3.16

Oscillators

BearishNeutralBullish

Neutral

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Moving Averages

BearishNeutralBullish

Bearish

Neutral

Bullish

Overall

BearishNeutralBullish

Bearish

Neutral

Bullish

Overview

Detailed Summary

J.G. Chemicals Limited, established in 1975, is India's largest manufacturer of zinc oxide and a leading global producer, offering a wide array of zinc chemicals for various industrial applications.

The company is pioneering zinc recycling, adopting environmentally friendly manufacturing processes that cut CO2 emissions by 80%, helping position it as a leader in sustainable manufacturing.

Recent strategic investments include a new Dahej project, expected to increase revenue by INR 900 crores, strengthening their presence in Western India and diversifying beyond rubber applications.

Combining advanced, in-house recycling technologies and a robust global sourcing network, JGCL enjoys high barriers to entry, securing its market position against competitors.

Despite facing margin pressures in recent quarters mainly due to higher input costs and global shipping delays, the company is poised for growth with its strategic shifts and expansion projects.

Sector

Chemicals

Industry

Chemicals - Inorganic - Medium / Small

Market Cap

1,420 Cr

Volatility

High Risk

P/E Ratio

22.7

Industry P/E

19.7

PEG Ratio

2.8

P/B Ratio

2.9

52W High

558.40

52W Low

290.25

Sales CAGR

27.00%

1.94%

3.74%

10Y

—

Profit CAGR

107.91%

8.22%

13.99%

10Y

—

ROE

TTM

12.67%

13.70%

15.57%

10Y

—

ROCE

TTM

17.73%

19.81%

23.61%

10Y

—

J G Chemicals Ltd

J.G.Chemicals Ltd

JGCHEM

AI Mode

Investment Checklist

Investment Checklist

Overview

Sector

Industry

Market Cap

Volatility

P/E Ratio

Industry P/E

PEG Ratio

P/B Ratio

52W High

52W Low

Technicals

Forecasts

Peers

Price Chart Comparison

Financial Statements

AI Powered Summary

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

Consolidated Profit Loss (in ₹ Crores)

Consolidated Balance Sheet (in ₹ Crores)

Consolidated Cash Flows (in ₹ Crores)

Shareholdings

Shareholding History

Market Transactions

Projection

Actions

Announcements

Documents

AI Mode

AI Mode

Technicals

Financial Statements

AI Powered Summary

AI Mode

Consolidated Quarterly Results (in ₹ Crores)

Consolidated Profit Loss (in ₹ Crores)

Consolidated Balance Sheet (in ₹ Crores)

Consolidated Cash Flows (in ₹ Crores)

Peers

Price Chart Comparison

Oscillators

Neutral

Overall

Bearish

Moving Averages

Bearish

Overall

Bearish

Overview

Sector

Industry

Market Cap

Volatility

P/E Ratio

Industry P/E

PEG Ratio

P/B Ratio

52W High

52W Low

Investment Checklist

Announcements