As of 6 Nov 2026, J.G.Chemicals trades at 30.3× trailing earnings, above the industry P/E of 11.5×, and the shares are 16% below their 52-week high. It earns ROCE of 17% and ROE of 13%, and sales and net profit grew 7.1% and 6.2% a year over 3 years. It has almost no debt, and its dividend yield is 0.2%. It is a small-cap company with a market cap of ₹2,281 Cr, ranked 9th of 22 Other Industrial Metals & Mining companies by market cap; the shares rose 34% over the past year.
- ₹572.40
- ₹593.00
- ₹563.05
- ₹575.75
- 2.1 L
Health check
- ReturnsAhead
+34.4% over a year, better than 7 of 7 peers.
- Price tagPricier
P/E 30.3 vs industry 11.5.
- GrowthSteady
Sales +7.1%, profit +6.2% a year over 3 years.
- ProfitabilityWeak
ROCE 17.0% vs peer median 27.9%.
- Balance sheetStretched
Practically debt-free, Piotroski 3 of 9.
- Red flags1 to check
P/E of 30.3 against an industry P/E of 11.5.
Small cap
Moves with the market
Key metrics
- Market cap
- ₹2,281 Cr
- Small cap
- P/E
- 30.3
- Industry 11.5
- Price to book
- 4.32
- Peers 5.18
- Dividend yield
- 0.19%
- ROE
- 13.3%
- Peers 28.4%
- ROCE
- 17.0%
- Peers 27.9%
- Debt to equity
- 0.01
- Debt ₹6.45 Cr
- EPS (TTM)
- ₹19.18
- Face value ₹10
- OPM (TTM)
- 8.5%
- Net margin 7.0%
- Sales growth
- +44.8%
- Latest quarter vs a year ago
- Profit growth
- +59.0%
- Latest quarter vs a year ago
- Price to sales
- 2.13
- EV/EBITDA 22.3
Strengths and risks
Strengths
- Practically debt-free.
- Quarterly profit up 59.0% on a year ago.
- Quarterly sales up 44.8% on a year ago.
Risks to check
- P/E of 30.3 against an industry P/E of 11.5.
About J.G.Chemicals
J.G. Chemicals Limited engages in the manufacture and sale of zinc oxide and zinc sulphate in India and internationally. The company sells its products under the Luxmi brand name. It serves various industries, including rubber, ceramics, paints, coatings and pigments, pharmaceuticals, healthcare and cosmetics, electronics and batteries, specialty chemicals, sanitaryware, adhesives, surface treatment chemicals, varistors, semiconductors, catalysts,…
- Headquarters
- Kolkata
- Employees
- 108
- Sector
- Basic Materials
- ISIN
- INE0MB501011
- Website
- jgchem.com
Price range
- Avg volume (3M)
- 6.7 L
- 1-year return
- plus 34.4%
- From 52-week high
- minus 16.2%
Peers · Other Industrial Metals & Mining
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| HINDZINCHindustan Zinc | 568.10 | minus 0.46% | 2,40,040 | 11.5 | 10.6 | 62.0% | 53.4% | 0.22 | 5.6% | plus 20.6% |
| VEDLVedanta | 261.75 | minus 0.78% | 1,02,208 | 9.2 | 4.0 | 21.3% | 28.7% | 1.34 | −19.2% | minus 48.1% |
| CMPDICentral Mine Planning & Design Institute | 177.28 | minus 3.82% | 12,653 | 18.8 | 14.4 | 34.6% | 34.2% | 0.00 | 18.7% | plus 15.1% |
| VOGLVedanta Oil and Gas | 30.74 | minus 2.26% | 12,001 | 18.0 | – | 4.1% | 7.3% | 0.15 | 161.8% | minus 14.8% |
| JAINRECJain Resource Recycling | 286.50 | plus 2.23% | 9,887 | 27.8 | 19.4 | 35.5% | 4.5% | 0.82 | 45.4% | minus 25.7% |
| IMFAIndian Metals & Ferro Alloys | 1,106.50 | minus 2.22% | 5,970 | 10.4 | 10.2 | 18.5% | 23.8% | 0.35 | 1.9% | minus 8.0% |
| MOILMOIL | 215.71 | minus 1.41% | 4,389 | 14.9 | 8.7 | – | 20.0% | – | 3.2% | minus 39.9% |
| JGCHEMJ.G.Chemicals | 582.05 | plus 1.09% | 2,281 | 30.3 | 25.4 | 17.0% | 8.5% | 0.01 | 7.1% | plus 34.4% |
| Median of 7 peers | – | −1.41% | 12,001 | 14.9 | 10.4 | 27.9% | 23.8% | 0.29 | 5.6% | −14.8% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 218 | 220 | 248 | 286 | 316 | |
| 199 | 204 | 227 | 266 | 283 | |
| 18.5 | 16.7 | 21.5 | 20.2 | 32.3 | |
| 8.5% | 7.6% | 8.6% | 7.0% | 10.2% | |
| 3.4 | 3.9 | 3.2 | 5.4 | 2.7 | |
| 0.1 | 0.2 | 0.1 | 0.1 | 0.1 | |
| 21.8 | 20.4 | 24.5 | 25.4 | 35 | |
| 25.1% | 26.1% | 25.1% | 25.6% | 25.3% | |
| 15.8 | 14.4 | 17.5 | 18.2 | 25.1 | |
| 4.03 | 3.67 | 4.50 | 4.61 | 6.40 |
Profit & loss
- Sales CAGR 3Y
- +7.1%
- Profit CAGR 3Y
- +6.2%
- EPS CAGR 3Y
- +6.2%
- ROE
- 13.3%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 785 | 668 | 848 | 965 | |
| – | minus 14.9% | +27.0% | +13.8% | |
| 708 | 622 | 761 | 881 | |
| 76.1 | 45.8 | 86.7 | 83.7 | |
| 9.7% | 6.9% | 10.2% | 8.7% | |
| 4.6 | 4.7 | 9.9 | 8.7 | |
| 4.5 | 3.3 | 0.6 | 0.4 | |
| 3.4 | 4.5 | 5.4 | 5.2 | |
| 4 | 0.5 | −0.7 | 5.3 | |
| 76.7 | 43.1 | 89.9 | 92.1 | |
| 25.9% | 25.5% | 25.7% | 25.5% | |
| 54.9 | 30.9 | 64 | 65.9 | |
| – | minus 43.8% | +107.5% | +2.9% | |
| 14.02 | 9.60 | 16.34 | 16.81 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 31.7 | 39.2 | 39.2 | 39.2 | |
| 176 | 359 | 426 | 489 | |
| 70.4 | 13.8 | 0.2 | 6.4 | |
| 19.8 | 36.8 | 33 | 34.4 | |
| 298 | 449 | 498 | 569 | |
| 36.2 | 41.7 | 40.5 | 75.6 | |
| 0.9 | – | 1.6 | 8.3 | |
| 3 | 11.2 | 12.2 | 13.8 | |
| 16.6 | 179 | 144 | 160 | |
| 241 | 217 | 299 | 311 | |
| 298 | 449 | 498 | 569 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 31.2 | 76 | −11.2 | 43.6 | |
| −4.9 | −140 | 24.8 | −59.7 | |
| −28.6 | 107 | −28.9 | 0.9 | |
| −2.3 | 43.1 | −15.3 | −15.2 | |
| −9.9 | −9.5 | −4.7 | −39 | |
| 21.3 | 66.5 | −15.9 | 4.5 | |
| – | – | – | −3.9 |
Shareholding pattern
- Promoters70.99%
- Public29.01%
| Quarter | Split | Promoters | Public | Promoter change |
|---|---|---|---|---|
| 30 Sep 2026 | 70.99% | 29.01% | 0.00 | |
| 30 Jun 2026 | 70.99% | 29.01% | 0.00 | |
| 31 Mar 2026 | 70.99% | 29.01% | 0.00 | |
| 31 Dec 2025 | 70.99% | 29.01% | 0.00 | |
| 30 Sep 2025 | 70.99% | 29.01% | – |
Major shareholders
Filings & events
News
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