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NSE:JGCHEM

J.G.CHEMICALS LIMITED

Chemicals › Chemicals & Petrochemicals
₹563.00
at close · 27 Oct 2026
▲ 5.95 (+1.07%)
ThemesBatteries & Energy Storage· mention

Latest filings

  1. Share Capital Audit Report for quarter ended September 30, 2026 · Compliance
  2. J.G. Chemicals schedules investor meeting with Nuvama on Oct 16 · Board & Shareholder Meetings
  3. Analyst/investor meeting scheduled on Oct 15, 2026 in Kolkata · Board & Shareholder Meetings
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Manufactures zinc oxide and zinc sulphate under the LUXMI brand and is India's largest zinc oxide producer as well as its largest zinc recycler, placing it among the global top-5 zinc oxide makers. It sells mainly to tire manufacturers — every major Indian tire maker and 9 of the world's top-10 tire companies are customers — with smaller volumes going into ceramics and pharmaceuticals. Current installed capacity is about 70,000 MTPA at the Naidupeta facility, which holds IATF and WHO GMP certifications; a second greenfield plant at Dahej, Gujarat is targeted for H1 FY27 commissioning, with combined capacity set to exceed 115,000 MTPA by 2029. Zinc oxide utilization is running at ~77% and zinc sulphate at ~60%, and the Dahej project is being built with INR100 crore of capex against an INR900 crore revenue potential at full achievable capacity by FY29. The Naidupeta plant is being debottlenecked by Q3 FY27 (December 2026), and a recycled-rubber pilot has cleared customer trials and is being scaled commercially. The biggest cost is raw materials — primarily zinc-based inputs including zinc dross bought from recyclers — at 83.1% of FY26 revenue; a March 2026 geopolitical disruption to Middle East zinc-dross supply was offset by price pass-through from April 1, 2026.

Operating scale
Installed zinc chemicals capacity
~70,000 MTPAFY26
Combined capacity after Dahej
>115,000 MTPAFY29
Zinc oxide utilization
~77%Q4 FY26
Zinc sulphate utilization
~60%Q4 FY26
Dahej greenfield capex / revenue potential
INR100 cr capex; INR900 cr at full achievable capacityFY29 target
Customer footprint
All major Indian tire makers; 9 of top-10 global tire companiesFY26
Who pays it
Tire and rubber goods manufacturers (every major Indian tire maker and 9 of the world's top-10 tire companies), with smaller demand from ceramics and pharmaceutical customers.
Biggest cost
Raw materials — chiefly zinc-based inputs including zinc dross — at 83.1% of FY26 revenue.
Kind of business
Commodity/specialty chemicals, asset-heavy zinc oxide and zinc recycling business tied to the tire industry cycle.
Where it sits
India's largest zinc oxide manufacturer and largest zinc recycler; among the global top-5 zinc oxide producers.
Market Cap
₹2,206 Cr
P / E (TTM)
29.4×
EV / EBITDA
19.8×
Div Yield
0.18%
Growth
—·
Revenue 5y CAGR
PAT — · EBITDA —
Quality
17.0%▲
ROCE (FY26)
ROE 12.7% · margin 10.1%
Leverage
0.01·
Debt / Equity · low
Net cash ₹9.77 Cr
Revenue FY24→FY26
1.5×▲
Margin +2.2 pts
₹668 Cr → ₹973 Cr
Cash conversion
0.65×·
Operating cash ÷ profit · 3 yrs
₹108 Cr on ₹168 Cr
Moves on a normal day
1.71%·
Median daily move
Last 268 sessions · the yardstick for filing-day moves
Where it sits among 66 Commodity Chemicals peersBar = share of peers beaten · tick = industry median · latest reported figures
P/E (TTM)#37/50
P/B#50/60
ROCE#10/62
ROE#13/60
Debt / Equity#16/60
EBITDA margin#33/58
Revenue growth#4/54
Profit growth#25/64

Scorecard

Measured from the filed financials, judged against its Commodity Chemicals peers · as of FY26 — not investment advice

Strengths
Returns on capital 17.0%
#10 of 62 in Commodity Chemicals on the latest reported figures
Debt at 0.01× equity
lower than 75% of its 60 Commodity Chemicals peers
Concerns
Nothing flagged in the filed numbers.

Charts

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Peers

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Financials

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Ownership

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Common questions

Answered from J.G.CHEMICALS LIMITED's filed financials and exchange disclosures

What does J.G.CHEMICALS LIMITED do?

J.G.CHEMICALS LIMITED is a Chemicals & Petrochemicals company listed on NSE and BSE, trading under the symbol JGCHEM.

Is J.G.CHEMICALS LIMITED profitable?

Yes. Over the trailing twelve months J.G.CHEMICALS LIMITED reported a net profit of ₹78 Cr on revenue of ₹1,071 Cr.

Does J.G.CHEMICALS LIMITED pay a dividend?

Yes. The dividend yield is 0.18% at the current price. It paid out 6% of its profit as dividend in FY26.

Is J.G.CHEMICALS LIMITED debt-free?

On a net basis, yes. It reported borrowings of ₹6.45 Cr on its 31 Mar 2026 balance sheet, but holds ₹9.77 Cr more cash than debt.

Is J.G.CHEMICALS LIMITED expensive compared with its peers?

On trailing P/E, J.G.CHEMICALS LIMITED ranks 37 of 50 in Commodity Chemicals — cheaper than 27% of them, against an industry median of 17.1×. This is a position, not a valuation judgement.

How much does the J.G.CHEMICALS LIMITED share price move in a day?

On a typical session J.G.CHEMICALS LIMITED moves 1.71% — that is the median absolute close-to-close move across its last 268 trading days. MarketPing measures each filing's price reaction against it.

Where can I track J.G.CHEMICALS LIMITED's announcements?

Every NSE and BSE filing by J.G.CHEMICALS LIMITED appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.