Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 540 | 429 | 626 | 716 | 598 | 580 | 634 | 672 | 500 | 587 | 647 | 797 |
| Expenses | 513 | 411 | 595 | 685 | 570 | 553 | 611 | 642 | 477 | 570 | 613 | 758 |
| Operating Profit | 27 | 18 | 31 | 31 | 28 | 27 | 23 | 30 | 23 | 18 | 33 | 39 |
| OPM % | 5% | 4.2% | 4.9% | 4.3% | 4.7% | 4.6% | 3.6% | 4.5% | 4.5% | 3.0% | 5% | 4.9% |
| Other Income | -0 | 0 | 1 | 0 | 0 | 1 | 0 | 2 | 0 | 1 | 1 | 2 |
| Interest | 2 | 2 | 3 | 5 | 6 | 4 | 4 | 5 | 5 | 4 | 2 | 7 |
| Depreciation | 4 | 4 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 6 |
| Profit before tax | 21 | 12 | 23 | 21 | 18 | 19 | 14 | 22 | 13 | 9 | 27 | 28 |
| Tax % | 24% | 25% | 30% | 26% | 28% | 26% | 24% | 26% | 28% | 33% | 26% | 26% |
| Net Profit | 16 | 10 | 17 | 16 | 13 | 14 | 11 | 16 | 9 | 6 | 18 | 21 |
| EPS in Rs | 5.25 | 3.16 | 5.16 | 5.18 | 4.57 | 4.72 | 3.83 | 5.38 | 3.22 | 2.31 | 5.89 | 6.69 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,375 | 1,662 | 2,549 | 2,438 | 2,508 | 1,639 | 2,589 | 2,778 | 2,150 | 2,528 | 2,406 | 2,530 |
| Expenses | 1,302 | 1,537 | 2,405 | 2,299 | 2,520 | 1,542 | 2,437 | 2,680 | 2,053 | 2,419 | 2,302 | 2,418 |
| Operating Profit | 73 | 124 | 145 | 139 | -12 | 97 | 152 | 97 | 97 | 109 | 104 | 112 |
| OPM % | 5% | 7% | 6% | 6% | -0.5% | 6% | 6% | 3.5% | 4.5% | 4.3% | 4.3% | 4.4% |
| Other Income | 4 | 4 | 6 | 8 | 5 | 2 | 2 | 2 | 2 | 2 | 4 | 4 |
| Interest | 28 | 32 | 54 | 45 | 40 | 14 | 16 | 13 | 9 | 19 | 15 | 17 |
| Depreciation | 12 | 11 | 11 | 11 | 14 | 13 | 14 | 15 | 16 | 19 | 22 | 22 |
| Profit before tax | 38 | 86 | 86 | 91 | -61 | 71 | 124 | 71 | 74 | 72 | 71 | 77 |
| Tax % | 34% | 33% | 34% | 36% | -43% | 26% | 26% | 27% | 26% | 26% | 27% | |
| Net Profit | 25 | 58 | 57 | 58 | -34 | 53 | 92 | 52 | 54 | 54 | 50 | 54 |
| EPS in Rs | 8.09 | 18.31 | 17.82 | 18.60 | -10.72 | 16.00 | 29.53 | 16.45 | 17.11 | 18.30 | 16.80 | 18.11 |
| Dividend Payout % | 23% | 24% | 11% | 11% | 0% | 6% | 10% | 30% | 44% | 14% | 21% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 6% | 8% | -5% | 2% | ||
| Compounded Profit Growth | 8% | 1% | 1% | -2% | ||
| Stock Price CAGR | 4% | -2% | 4% | -3% | ||
| Return on Equity | 11% | 11% | 9% | 9% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| Reserves | 213 | 238 | 274 | 307 | 362 | 310 | 366 | 451 | 492 | 527 | 562 | 595 |
| Borrowings | 258 | 273 | 414 | 556 | 445 | 182 | 166 | 149 | 94 | 159 | 110 | 131 |
| Other Liabilities | 103 | 136 | 115 | 157 | 198 | 113 | 131 | 170 | 167 | 172 | 182 | 241 |
| Total Liabilities | 581 | 654 | 811 | 1,036 | 1,020 | 621 | 678 | 785 | 769 | 873 | 869 | 982 |
| Fixed Assets | 231 | 228 | 221 | 219 | 221 | 225 | 217 | 228 | 233 | 291 | 316 | 328 |
| CWIP | 6 | 7 | 3 | 4 | 2 | 18 | 19 | 12 | 36 | 20 | 6 | 10 |
| Investments | 0 | 0 | 11 | 11 | 12 | 10 | 11 | 11 | 12 | 12 | 13 | 11 |
| Other Assets | 343 | 419 | 577 | 802 | 784 | 367 | 431 | 534 | 488 | 550 | 535 | 633 |
| Total Assets | 581 | 654 | 811 | 1,036 | 1,020 | 621 | 678 | 785 | 769 | 873 | 869 | 982 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 176 | 12 | -104 | -79 | 170 | 344 | 40 | 65 | 115 | 16 | 118 | 44 |
| Cash from Investing Activity | -9 | -7 | -6 | -5 | -6 | -28 | -6 | -17 | -41 | -53 | -28 | -34 |
| Cash from Financing Activity | -166 | -6 | 92 | 85 | -163 | -313 | -36 | -35 | -81 | 36 | -93 | -6 |
| Net Cash Flow | 1 | -1 | -18 | 1 | 1 | 3 | -1 | 12 | -7 | -2 | -3 | 4 |
| Free Cash Flow | 162 | 3 | -110 | -89 | 158 | 311 | 34 | 47 | 74 | -38 | 90 | 10 |
| CFO/OP | 303% | 27% | -70% | -34% | 146% | -2,934% | 47% | 62% | 138% | 35% | 126% | 54% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 24 | 35 | 36 | 35 | 33 | 23 | 35 | 20 | 20 | 34 | 35 | 46 |
| Inventory Days | 31 | 56 | 88 | 77 | 84 | 25 | 62 | 56 | 41 | 60 | 41 | 51 |
| Days Payable | 13 | 19 | 11 | 12 | 20 | 7 | 18 | 16 | 14 | 18 | 18 | 25 |
| Cash Conversion Cycle | 42 | 72 | 113 | 100 | 97 | 41 | 79 | 60 | 48 | 75 | 59 | 71 |
| Working Capital Days | 2 | 9 | 21 | 21 | 30 | 14 | 38 | 34 | 36 | 46 | 42 | 47 |
| ROCE % | 10% | 13% | 19% | 17% | 16% | -3% | 16% | 23% | 13% | 12% | 13% | 12% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 67.13% | 67.13% | 67.13% | 67.13% | 67.13% | 67.12% | 67.12% | 67.12% | 67.13% | 67.13% | 67.13% | 67.13% |
| FIIs | 0.05% | 0.16% | 0.06% | 0.07% | 0.06% | 0.07% | 0.05% | 0.06% | 0.04% | 0.04% | 0.04% | 0.06% |
| DIIs | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.02% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.02% |
| Public | 32.81% | 32.69% | 32.80% | 32.78% | 32.79% | 32.77% | 32.82% | 32.81% | 32.84% | 32.84% | 32.83% | 32.80% |
| No. of Shareholders | 13,608 | 13,939 | 13,959 | 14,751 | 15,280 | 14,579 | 14,004 | 13,799 | 13,544 | 13,203 | 12,863 | 12,572 |
Fundamentals
Market Cap₹ 673 Cr.
Current Price₹ 225
Stock P/E12.4
Book Value₹ 203
ROCE11.6 %
ROE8.53 %
Dividend Yield1.55 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)2%
Compounded Profit Growth (TTM)-2%
Consolidated figures.
Valuation
Market capRs 634 Cr
Enterprise valueRs 752 Cr
P/E (TTM)11.67x
Price to book1.04x
Price to sales0.25x
EV / EBITDA6.48x
EV / EBIT8.02x
EV / sales0.30x
Price to cash flow14.55x
Earnings yield8.57%
Dividend yield1.66%
P/E, 3-year average11.04x
P/B, 3-year average1.01x
P/E, 5-year average10.09x
P/B, 5-year average1.10x
Profitability
Operating margin (excl. other income)4.33%
Operating margin (incl. other income)4.49%
EBITDA margin4.59%
Pre-tax margin3.04%
Net profit margin2.15%
Net margin, latest quarter2.52%
ROE8.49%
ROCE12.10%
ROA5.45%
ROE, 3-year average9.36%
ROCE, 3-year average12.66%
ROA, 3-year average6.00%
ROE, 5-year average11.83%
ROCE, 5-year average15.18%
ROA, 5-year average7.29%
ROIC (approx.)9.37%
Tax rate27.28%
Other income / net worth0.64%
Growth
Sales growth (latest year)-4.84%
Profit growth (latest year)-8.20%
Sales CAGR, 3 years-4.68%
Sales CAGR, 5 years7.98%
Profit CAGR, 3 years0.71%
Profit CAGR, 5 years0.99%
Sales growth QoQ23.19%
Profit growth QoQ13.46%
Sales growth YoY (latest quarter)18.51%
Profit growth YoY (latest quarter)24.21%
Per share
EPS (TTM)Rs 18.11
EPS (latest year)Rs 16.80
EPS (latest quarter)Rs 6.69
EPS, 3-year averageRs 17.41
EPS, 5-year averageRs 19.64
Book value per shareRs 203.36
Sales per shareRs 843.39
Cash flow per shareRs 14.51
Free cash flow per shareRs 3.33
Dividend per share (latest year)Rs 3.50
Dividend per share, 3-year averageRs 4.50
Dividend per share, 5-year averageRs 4.30
Dividends
Dividend payout20.83%
Dividend payout, 3-year average26.10%
Dividend payout, 5-year average23.77%
Efficiency
Asset turnover2.45x
Fixed asset turnover7.34x
Inventory turnover7.93x
Inventory days46 days
Debtor days46 days
Debtors turnover8.01x
Creditor days25 days
Cash conversion cycle71 days
Working capital days47 days
Leverage
Total debtRs 131 Cr
Cash and bankRs 12 Cr
Net debtRs 119 Cr
Debt to equity0.22x
Net debt / EBITDA1.02x
Interest coverage5.52x
Current ratio (filing 2026-03-31)2.08x
Quick ratio (filing 2026-03-31)1.20x
Trade payables (filing 2026-03-31)Rs 132 Cr
Owners' fund to total sources62.11%
Debt to assets13.36%
Cash flow
Cash from Operating Activity (latest year)Rs 44 Cr
Cash from Investing Activity (latest year)Rs -34 Cr
Cash from Financing Activity (latest year)Rs -6 Cr
Net Cash Flow (latest year)Rs 4 Cr
Free cash flow (latest year)Rs 10 Cr
FCFE (approx.: FCF + change in debt)Rs 32 Cr
Cash from ops / profit, 5 years1.19x
Sales to cash flow55.25x
Statement figures
Net sales (TTM)Rs 2,530 Cr
Net sales (latest year)Rs 2,406 Cr
Sales (latest quarter)Rs 797 Cr
Operating profit excl. other income (latest year)Rs 104 Cr
Operating profit (latest quarter)Rs 39 Cr
Other income (TTM)Rs 4 Cr
EBITDA (TTM)Rs 116 Cr
PBDT (TTM)Rs 99 Cr
Profit before tax (TTM)Rs 77 Cr
Tax (latest year)Rs 19 Cr
Net profit (TTM)Rs 54 Cr
Net profit (latest year)Rs 50 Cr
Net profit (latest quarter)Rs 20 Cr
Depreciation (TTM)Rs 22 Cr
Depreciation (latest quarter)Rs 6 Cr
Interest (TTM)Rs 17 Cr
Cost of goods sold (latest year)Rs 2,111 Cr
Total expenditure (latest year)Rs 2,302 Cr
Total income (latest year)Rs 2,410 Cr
Share capitalRs 15 Cr
ReservesRs 595 Cr
Shareholders' fundsRs 610 Cr
Total assetsRs 982 Cr
Net blockRs 328 Cr
Capital work in progressRs 10 Cr
InvestmentsRs 11 Cr
ReceivablesRs 300 Cr
InventoryRs 266 Cr
Other liabilitiesRs 241 Cr
Shares outstanding (crore)3.00
Ownership
Promoter holding67.13% (+0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 11.7 is at the 33th percentile of its own 8.4-year range
(median 12.9, low 3.1, high 28.5).
P/B 1.04 is at the 19th percentile (median 1.36).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | JAYAGROGN | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -8.5% | -2.8% | -5.7 pts |
| 1 month | -7.9% | -6.8% | -1.1 pts |
| 3 months | +3.1% | -7.6% | +10.8 pts |
| 6 months | +41.0% | +0.4% | +40.6 pts |
| 1 year | -13.0% | -9.9% | -3.1 pts |
| 2 years | -30.3% | -13.6% | -16.8 pts |
| 3 years | +5.6% | +14.2% | -8.5 pts |
| 5 years | -17.8% | +27.9% | -45.7 pts |
Red flags
F-score 4 of 8| explain | Receivables outrunning sales Receivables grew 23% vs sales -5% in 2026 |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹797 Cr +18.6% vs Jun 2025.
Net profit ₹21 Cr +31.2%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| Pidilite Industries Ltd | 148,809 | 56.2 | 31.0 % |
| Gujarat Fluorochemicals Ltd | 48,402 | 78.4 | 9.64 % |
| Navin Fluorine International Ltd | 42,255 | 53.1 | 21.0 % |
| Aether Industries Ltd | 23,226 | 96.8 | 11.9 % |
| Deepak Nitrite Ltd | 20,854 | 26.3 | 11.4 % |
| Atul Ltd | 17,614 | 22.1 | 14.9 % |
| Aarti Industries Ltd | 17,045 | 32.6 | 6.86 % |
| Fine Organic Industries Ltd | 15,759 | 36.0 | 21.5 % |
| BASF India Ltd | 14,871 | 24.0 | 14.5 % |
| Privi Speciality Chemicals Ltd | 14,084 | 40.3 | 22.3 % |
| Anupam Rasayan India Ltd | 13,409 | 76.8 | 7.38 % |
| Vinati Organics Ltd | 12,173 | 24.4 | 21.4 % |
| Elantas Beck India Ltd | 10,820 | 60.9 | 21.2 % |
| Jubilant Ingrevia Ltd | 10,180 | 32.0 | 11.4 % |
| Alkyl Amines Chemicals Ltd | 9,111 | 40.5 | 16.6 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-08-07 | Dividend - Rs 3.50 Per Share | |
| 2025-06-27 | Annual General Meeting/Dividend - Rs 2.50 Per Share | |
| 2024-07-12 | Dividend - Rs 5 Per Share & Special Dividend - Rs 2.5 Per Share | |
| 2024-07-12 | Annual General Meeting | |
| 2023-07-07 | Annual General Meeting/Dividend - Rs 5 Per Share | |
| 2022-07-21 | Annual General Meeting/Dividend - Rs 3 Per Share | |
| 2021-08-05 | Annual General Meeting/Dividend - Re 1 Per Share | |
| 2020-08-20 | Annual General Meeting | |
| 2019-06-20 | Annual General Meeting/ Dividend - Rs 2 Per Share | |
| 2018-06-21 | Annual General Meeting / Dividend- Rs 1.35 Per Share | |
| 2017-11-06 | Interim Dividend - Re 0.65 Per Share (Purpose Revised) | |
| 2017-08-01 | Bonus 1:1 | 0.5000 |
| 2017-06-29 | Annual General Meeting/Dividend - Rs 1.25 Per Share | |
| 2017-02-16 | Interim Dividend Rs 5/- Per Share | |
| 2016-11-03 | Intrim Dividend - Rs 1.25 Per Share | |
| 2016-09-02 | Annual General Meeting/ Dividend-Rs 2.50/- Per Share + Special Dividend - Rs 1.25/- Per Share | |
| 2016-08-04 | Interim Dividend - Rs 1.25/- Per Share | |
| 2015-09-16 | Annual General Meeting/ Dividend - Re 1/- Per Share | |
| 2014-09-18 | Annual General Meeting / Final Dividend - Re 0.50/- Per Share | |
| 2014-03-20 | Interim Dividend Rs 2.50 Per Share | |
| 2013-09-05 | Annual General Meeting And Dividend Rs.2.25 Per Share | |
| 2012-09-20 | Annaul General Meeting/ Dividend Rs. 2 Per Share | |
| 2011-09-22 | Annual General Meeting And Dividend Rs.1.75 Per Share | |
| 2010-09-09 | Annual General Meeting And Dividend Rs.1.50 Per Share | |
| 2009-08-20 | Agm/Div-Rs.1.25 Per Share | |
| 2008-09-04 | Agm/Div-Rs.1.25 Per Share | |
| 2007-08-10 | Agm/Div-Rs.1.25/- Per Sh | |
| 2006-09-14 | Agm/Div-Rs.1.50/- Per Sh | |
| 2006-04-13 | Inferred from price: close fell to 0.489x overnight, no NSE action on record | 0.5000 |
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.