J.g.chemicals Limited (JGCHEM)

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J.g.chemicals Limited (JGCHEM) · mywealthgrid

About

J.g.chemicals operates in commodity chemicals, a segment within the Chemicals & Petrochemicals industry, with market cap ₹2,376.11 Cr and consolidated quarterly revenue of ₹315.65 Cr (Jun 2026). The company has delivered strong growth—revenue up 43% from Sep 2025 to Jun 2026—while reaching operating margins of 10.6%. At a PE of 31.61, the market has priced in significant growth expectations.

Face value: ₹10

Market cap

₹2,392 Cr

P/E

31.8×

P/B

4.5×

Dividend yield

0.2%

ROE

13.3%

ROCE

18.2%

Debt / equity

0.01

OPM

8.4%

EPS (TTM)

₹19.2

Book value

₹134.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin volatility: OPM ranges from 2.68% (Dec 2025 standalone) to 10.62% (Jun 2026 consolidated), creating earnings unpredictability and sensitivity to commodity prices
Valuation multiple: PE 31.61 provides limited room for disappointment or earnings misses
Commodity industry cyclicality: verify current position in demand cycle and exposure to raw material cost inflation
Consolidation reliance: consolidated revenue ₹315.65 Cr (Jun 2026) is 3.3x standalone ₹95.89 Cr; verify stability and contribution of consolidated entities

Generated analysis · source review pending

Growth drivers

Sequential revenue growth: consolidated revenue increased from ₹220.28 Cr (Sep 2025) to ₹315.65 Cr (Jun 2026), sustaining 10%+ QoQ growth
Operating margin expansion: OPM improved to 10.62% (Jun 2026 consolidated) from 8.16% (Sep 2025), enhancing profitability per rupee of revenue
EPS acceleration: consolidated EPS jumped 39% from ₹4.61 (Mar 2026) to ₹6.4 (Jun 2026), outpacing revenue growth

Generated analysis · source review pending

627 historical price candles were omitted because the exchange source has not been verified.

₹610.3-7.3%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)
+Comfortable interest coverage of 171.6×
+High promoter holding of 71% with no pledge

Cons

−Low dividend payout of 5.7% of profit

Research score

Structured signal from quality, growth, valuation and momentum.

67/100

Business quality: 58
Growth: 100
Valuation: 45

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Deepak Fertilizers And Petrochemicals Corporation LimitedDEEPAKFERTDEEPAKFERT	₹16,417 Cr	₹21,903 Cr	₹12,104 Cr	₹2,016 Cr	14.6%	₹984 Cr	6.4%	12.6%	11.3%	55
Tata Chemicals LimitedTATACHEMTATACHEM	₹15,487 Cr	₹23,488 Cr	₹15,120 Cr	₹1,711 Cr	12.4%	₹-2,165 Cr	-11.8%	2.9%	-8.9%	113
Gujarat Narmada Valley Fertilizers And Chemicals LimitedGNFCGNFC	₹8,655 Cr	₹8,655 Cr	₹8,410 Cr	₹1,241 Cr	11.3%	₹1,037 Cr	10.4%	10.6%	9.1%	81
TANFAC Industries LtdTANFACINDTANFACIND	₹6,909 Cr	₹7,002 Cr	₹711 Cr	₹112 Cr	15.8%	₹70 Cr	9.9%	27.7%	20.5%	112
Gujarat Alkalies And Chemicals LimitedGUJALKALIGUJALKALI	₹4,430 Cr	₹4,998 Cr	₹4,498 Cr	₹510 Cr	9.3%	₹66 Cr	-0.1%	1.6%	-0%	25
Grauer & Weil India LimitedGRAUWEILGRAUWEIL	₹3,709 Cr	₹3,717 Cr	₹1,134 Cr	₹188 Cr	16.6%	₹69 Cr	13.9%	23%	18%	72
Ghcl LimitedGHCLGHCL	₹3,700 Cr	₹3,762 Cr	₹3,064 Cr	₹689 Cr	22.5%	₹472 Cr	15.4%	17%	13.4%	126
J.g.chemicals LimitedJGCHEMJGCHEM	₹2,392 Cr	₹2,399 Cr	₹1,071 Cr	₹96 Cr	8.4%	₹75 Cr	7.1%	18.2%	13.3%	101
Thirumalai Chemicals LimitedTIRUMALCHMTIRUMALCHM	₹1,764 Cr	₹3,857 Cr	₹1,832 Cr	₹20 Cr	-2%	₹-152 Cr	-9.7%	-3.3%	-12.3%	14
Ig Petrochemicals LimitedIGPLIGPL	₹1,754 Cr	₹2,110 Cr	₹2,073 Cr	₹207 Cr	4.9%	₹82 Cr	0.1%	3.2%	0.2%	23
Indo Borax & Chemicals LimitedINDOBORAXINDOBORAX	₹1,507 Cr	₹1,507 Cr	₹232 Cr	₹52 Cr	20.5%	₹56 Cr	23.3%	15.5%	15.1%	110
Innovassynth Technologies (India) LtdINOVSYNTHINOVSYNTH	₹1,462 Cr	₹1,466 Cr	₹0 Cr	₹-0 Cr	—	₹-5 Cr	—	-1.1%	-12%	—

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	668	848	973
COGS	550	674	801
Gross profit	118	174	172
	73	88	90
	45	86	82
OPM %	6.8%	10.2%	8.4%
Depreciation	5	5	5
Interest	4	1	1
	6	10	16
Profit before tax	43	90	92
Tax	11	23	23
Tax %	25.5%	25.7%	25.5%
	32	67	69
PAT margin %	4.8%	7.9%	7.1%
EPS (₹)	9.6	16.3	16.8
EPS adjusted (₹)	7.9	16.3	16.8
	0%	6.1%	6.5%
Annual report	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	32	39	39	39
Reserves	—	359	426	489
Minority interest	—	7	10	13
	—	14	0	6
	—	30	23	22
Total equity & liabilities	—	449	498	569
	35	42	39	67
CWIP	—	0	1	8
Investments	—	43	51	136
	—	364	407	359
Total assets	—	449	498	569

₹ Cr	Mar 2024	Mar 2025	Mar 2026
	76	-11	44
	-140	25	-60
	107	-29	1
Net cash flow	43	-15	-15
Free cash flow	67	-16	5
CFO / Operating profit %	167.6%	-13%	53.1%

Compounded sales growth

7 years: —
5 years: —
3 years: —
1 year: 15%

Compounded profit growth

7 years: —
5 years: —
3 years: —
1 year: 3%

Return on equity

7 years: —
5 years: —
3 years: 12%
Last year: 13%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Consolidated Standalone

Consolidated figures

Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	17.7%	20.5%	17.7%
EBITDA margin %	6.8%	10.2%	8.4%
EBIT margin %	6.1%	9.5%	7.9%
PAT margin %	4.8%	7.9%	7.1%
Working capital
Receivable days	64	61	64
Inventory days	37	60	42
Payable days	5	9	5
NWC days	95	112	101
Leverage
Current ratio	9.98	19.9	18.64
Debt to EBITDA	0.3	0	0.08
Debt to equity	0.03	0	0.01
Interest coverage	13.4	106.8	171.6
Asset turnover	1.49	1.7	1.71
Return ratios
Return on assets %	7.2%	13.4%	12.1%
Return on capital employed %	11.9%	20.5%	18.2%
Return on equity %	8.1%	14.4%	13%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%	70.99%
	7.1%	6.22%	6.33%	6.61%	6.04%	6.09%	6.05%	4.32%	3.2%	3.28%	3.21%
	5.4%	3.16%	3.64%	3.77%	3.94%	3.7%	3.49%	3.15%	3.49%	3.47%	3%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	16.51%	19.63%	19.04%	18.63%	19.03%	19.22%	19.47%	21.54%	22.32%	22.26%	22.8%
No. of shareholders	—	—	—	—	—	—	—	46,582	45,884	43,725	41,427

Promoter holding up 0 percentage points since Dec 2023.

62 deals · 13 Mar 2024 – 28 Aug 2026

Date	Client	Type	Venue	Side	Quantity	Price	Value
28 Aug 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	3,15,935	₹656.40	₹20.74 Cr
28 Aug 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	3,14,039	₹656.86	₹20.63 Cr
28 Aug 2026	HRTI PRIVATE LIMITED	Bulk	NSE	Buy	2,92,430	₹652.79	₹19.09 Cr
28 Aug 2026	HRTI PRIVATE LIMITED	Bulk	NSE	Sell	2,59,350	₹653.48	₹16.95 Cr
10 Aug 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Buy	5,86,564	₹620.60	₹36.40 Cr
10 Aug 2026	MICROCURVES TRADING PRIVATE LIMITED	Bulk	NSE	Sell	5,86,564	₹620.88	₹36.42 Cr
10 Aug 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Sell	5,25,814	₹614.50	₹32.31 Cr
10 Aug 2026	JUNOMONETA FINSOL PRIVATE LIMITED	Bulk	NSE	Buy	5,20,022	₹614.13	₹31.94 Cr
10 Aug 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Buy	3,85,407	₹618.09	₹23.82 Cr
10 Aug 2026	NK SECURITIES RESEARCH PRIVATE LIMITED	Bulk	NSE	Sell	3,85,407	₹618.30	₹23.83 Cr

1–10 of 62

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Mr. SURESH JHUNJHUNWALAExecutive Director-Chairperson
Mr. ANIRUDH JHUNJHUNWALAExecutive Director-CEO-MD
Mr. ANUJ JHUNJHUNWALAExecutive Director
Mr. ASHOK BHANDARINon-Executive - Independent Director
Mr. SUKANTA NAGNon-Executive - Independent Director
Mrs. SAVITA AGARWALNon-Executive - Independent Director
Swati PoddarCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in J.g.chemicals Limited. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Investor Presentation and earnings call

Aug 2026TranscriptAI SummaryPPT REC
May 2026Transcript AI Summary PPT

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

2

Final dividend23 Sept 2026 · ex-date₹1.1
Final dividend5 Aug 2025 · ex-date₹1

1

Board meeting to consider results8 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

26 announcementsExport CSV

1 Oct 2026, 5:53 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

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Ratio	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	17.7%	20.5%	17.7%
EBITDA margin %	6.8%	10.2%	8.4%
EBIT margin %	6.1%	9.5%	7.9%
PAT margin %	4.8%	7.9%	7.1%
Working capital
Receivable days	64	61	64
Inventory days	37	60	42
Payable days	5	9	5
NWC days	95	112	101
Leverage
Current ratio	9.98	19.9	18.64
Debt to EBITDA	0.3	0	0.08
Debt to equity	0.03	0	0.01
Interest coverage	13.4	106.8	171.6
Asset turnover	1.49	1.7	1.71
Return ratios
Return on assets %	7.2%	13.4%	12.1%
Return on capital employed %	11.9%	20.5%	18.2%
Return on equity %	8.1%	14.4%	13%

Date	Category	Subject	Filing
1 Oct 2026, 5:53 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
1 Oct 2026, 10:56 am	Insider Trading / SAST Closure of Trading Window	Closure of Trading Window	PDF
30 Sept 2026, 8:30 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF
10 Sept 2026, 4:30 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation	PDF
8 Sept 2026, 12:53 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF
7 Sept 2026, 7:21 pm	AGM/EGM AGM	NOTICE OF ANNUAL GENERAL MEETING OF J.G.CHEMICALS LIMITED	PDF
7 Sept 2026, 7:14 pm	Others Reg. 34 (1) Annual Report	Reg. 34 (1) Annual Report.	PDF
5 Sept 2026, 12:36 pm	Company Update Newspaper Publication	Announcement under Regulation 30 (LODR)-Newspaper Publication	PDF

J.g.chemicals Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Investor Presentation and earnings call

Events

Dividends2

Board meetings1

Announcements

Ratio timeline

Not in the F&O segment

Dividends2

Board meetings1

No fund holdings on record

Announcements

Annual reports

Investor Presentation and earnings call

Quarterly record

Bulk & block deals

Board and management

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

2

1

2

1