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 | 153 | 161 | 181 | 203 | 212 | 209 | 224 | 218 | 220 | 248 | 286 | 316 |
| Expenses | 145 | 147 | 164 | 180 | 191 | 186 | 205 | 198 | 202 | 226 | 265 | 282 |
| Operating Profit | 8 | 15 | 17 | 22 | 21 | 23 | 19 | 20 | 18 | 23 | 21 | 34 |
| OPM % | 5% | 9% | 9% | 11% | 10% | 11% | 9% | 9% | 8% | 9% | 8% | 11% |
| Other Income | -1 | 2 | 3 | 0 | 3 | 3 | 4 | 3 | 4 | 3 | 5 | 3 |
| Interest | 1 | 1 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| Profit before tax | 5 | 15 | 18 | 21 | 23 | 24 | 22 | 22 | 20 | 25 | 25 | 35 |
| Tax % | 22% | 28% | 25% | 25% | 26% | 26% | 26% | 25% | 26% | 25% | 26% | 25% |
| Net Profit | 4 | 11 | 14 | 16 | 17 | 18 | 16 | 16 | 15 | 18 | 19 | 26 |
| EPS in Rs | 1.18 | 3.22 | 3.34 | 3.88 | 4.21 | 4.33 | 3.92 | 4.02 | 3.67 | 4.47 | 4.65 | 6.40 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 398 | 434 | 611 | 782 | 666 | 847 | 973 | 1,071 |
| Expenses | 379 | 390 | 554 | 706 | 620 | 761 | 891 | 975 |
| Operating Profit | 20 | 44 | 57 | 76 | 46 | 87 | 82 | 96 |
| OPM % | 4.9% | 10% | 9% | 10% | 7% | 10% | 8% | 9% |
| Other Income | 8 | 5 | 10 | 10 | 6 | 10 | 16 | 15 |
| Interest | 6 | 5 | 7 | 5 | 4 | 1 | 1 | 1 |
| Depreciation | 2 | 2 | 3 | 3 | 5 | 5 | 5 | 5 |
| Profit before tax | 19 | 41 | 57 | 77 | 43 | 90 | 92 | 105 |
| Tax % | 27% | 30% | 25% | 26% | 26% | 26% | 25% | |
| Net Profit | 14 | 29 | 43 | 57 | 32 | 67 | 69 | 78 |
| EPS in Rs | 106.23 | 192.13 | 327.95 | 17.32 | 7.88 | 16.34 | 16.81 | 19.19 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 6% | 7% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | 18% | 8% | 24% | ||
| Compounded Profit Growth | % | 24% | 7% | 16% | ||
| Stock Price CAGR | % | % | % | 64% | ||
| Return on Equity | % | 16% | 13% | 13% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 1 | 32 | 39 | 39 | 39 |
| Reserves | 84 | 107 | 151 | 176 | 359 | 426 | 489 |
| Borrowings | 52 | 74 | 94 | 70 | 14 | 0 | 6 |
| Other Liabilities | 12 | 27 | 18 | 20 | 37 | 33 | 34 |
| Total Liabilities | 149 | 210 | 264 | 298 | 449 | 498 | 569 |
| Fixed Assets | 21 | 23 | 22 | 35 | 42 | 39 | 67 |
| CWIP | 0 | 0 | 7 | 1 | 0 | 1 | 8 |
| Investments | 6 | 9 | 8 | 3 | 43 | 51 | 136 |
| Other Assets | 123 | 178 | 226 | 259 | 364 | 407 | 358 |
| Total Assets | 149 | 210 | 264 | 298 | 449 | 498 | 569 |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 41 | -7 | 7 | 31 | 76 | -11 | 44 |
| Cash from Investing Activity | -11 | -6 | -5 | -5 | -140 | 25 | -60 |
| Cash from Financing Activity | -30 | 17 | -0 | -29 | 107 | -29 | 1 |
| Net Cash Flow | -0 | 4 | 1 | -2 | 43 | -15 | -15 |
| Free Cash Flow | 35 | -13 | -2 | 21 | 67 | -16 | 5 |
| CFO/OP | 239% | 4% | 40% | 67% | 189% | 13% | 81% |
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 46 | 76 | 57 | 54 | 64 | 61 | 64 |
| Inventory Days | 49 | 51 | 65 | 60 | 37 | 60 | 42 |
| Days Payable | 3 | 8 | 4 | 5 | 5 | 9 | 5 |
| Cash Conversion Cycle | 91 | 119 | 118 | 109 | 96 | 112 | 101 |
| Working Capital Days | 59 | 72 | 68 | 82 | 96 | 119 | 156 |
| ROCE % | 27% | 28% | 30% | 14% | 20% | 18% |
| Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 70.99% | 70.99% | 70.99% | 70.99% | 70.99% | 70.99% | 70.99% | 70.99% | 70.99% | 70.99% |
| FIIs | 6.22% | 6.33% | 6.61% | 6.04% | 6.09% | 6.05% | 4.33% | 3.20% | 3.28% | 3.21% |
| DIIs | 3.17% | 3.64% | 3.77% | 3.94% | 3.70% | 3.49% | 3.15% | 3.49% | 3.47% | 3.00% |
| Public | 19.61% | 19.04% | 18.62% | 19.02% | 19.22% | 19.47% | 21.52% | 22.31% | 22.26% | 22.79% |
| No. of Shareholders | 72,624 | 48,774 | 47,383 | 47,526 | 47,402 | 46,172 | 46,582 | 45,884 | 43,725 | 41,427 |
Fundamentals
Market Cap₹ 2,576 Cr.
Current Price₹ 659
Stock P/E34.3
Book Value₹ 135
ROCE18.1 %
ROE13.3 %
Dividend Yield0.17 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)24%
Compounded Profit Growth (TTM)16%
Consolidated figures.
Valuation
Market capRs 1,936 Cr
Enterprise valueRs 2,001 Cr
P/E (TTM)25.75x
Price to book9.32x
Price to sales1.81x
EV / EBITDA18.05x
EV / EBIT18.92x
EV / sales1.87x
Price to cash flow62.11x
Earnings yield3.88%
Profitability
Operating margin (excl. other income)9.70%
Operating margin (incl. other income)10.93%
EBITDA margin10.36%
Pre-tax margin9.83%
Net profit margin7.02%
Net margin, latest quarter7.95%
ROE30.50%
ROCE31.28%
ROA19.55%
ROE, 3-year average28.46%
ROCE, 3-year average30.09%
ROA, 3-year average16.49%
ROIC (approx.)28.67%
Tax rate25.95%
Other income / net worth4.63%
Growth
Sales growth (latest year)28.04%
Profit growth (latest year)37.32%
Sales CAGR, 3 years25.21%
Profit CAGR, 3 years61.84%
Sales growth QoQ10.30%
Profit growth QoQ37.73%
Sales growth YoY (latest quarter)44.79%
Profit growth YoY (latest quarter)59.04%
Per share
EPS (TTM)Rs 23.70
EPS (latest year)Rs 17.32
EPS (latest quarter)Rs 7.91
EPS, 3-year averageRs 179.13
Book value per shareRs 65.47
Sales per shareRs 337.51
Cash flow per shareRs 9.83
Free cash flow per shareRs 1.58
Efficiency
Asset turnover2.63x
Fixed asset turnover22.17x
Inventory turnover6.47x
Inventory days56 days
Debtor days54 days
Debtors turnover6.76x
Creditor days5 days
Cash conversion cycle101 days
Working capital days156 days
Leverage
Total debtRs 70 Cr
Cash and bankRs 5 Cr
Net debtRs 65 Cr
Debt to equity0.34x
Net debt / EBITDA0.59x
Interest coverage199.57x
Current ratio (filing 2026-03-31)18.64x
Quick ratio (filing 2026-03-31)15.07x
Trade payables (filing 2026-03-31)Rs 11 Cr
Owners' fund to total sources69.73%
Debt to assets23.62%
Cash flow
Cash from Operating Activity (latest year)Rs 31 Cr
Cash from Investing Activity (latest year)Rs -5 Cr
Cash from Financing Activity (latest year)Rs -29 Cr
Net Cash Flow (latest year)Rs -2 Cr
Free cash flow (latest year)Rs 5 Cr
FCFE (approx.: FCF + change in debt)Rs -19 Cr
Cash from ops / profit, 5 years0.55x
Sales to cash flow25.09x
Statement figures
Net sales (TTM)Rs 1,071 Cr
Net sales (latest year)Rs 782 Cr
Sales (latest quarter)Rs 316 Cr
Operating profit excl. other income (latest year)Rs 76 Cr
Operating profit (latest quarter)Rs 34 Cr
Other income (TTM)Rs 15 Cr
EBITDA (TTM)Rs 111 Cr
PBDT (TTM)Rs 110 Cr
Profit before tax (TTM)Rs 105 Cr
Tax (latest year)Rs 20 Cr
Net profit (TTM)Rs 75 Cr
Net profit (latest year)Rs 55 Cr
Net profit (latest quarter)Rs 25 Cr
Depreciation (TTM)Rs 5 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 672 Cr
Total expenditure (latest year)Rs 706 Cr
Total income (latest year)Rs 792 Cr
Share capitalRs 32 Cr
ReservesRs 176 Cr
Shareholders' fundsRs 208 Cr
Total assetsRs 298 Cr
Net blockRs 35 Cr
Capital work in progressRs 1 Cr
InvestmentsRs 3 Cr
ReceivablesRs 116 Cr
InventoryRs 104 Cr
Other liabilitiesRs 20 Cr
Shares outstanding (crore)3.17
Ownership
Promoter holding70.99% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 25.8 is at the 56th percentile of its own 2.7-year range
(median 22.8, low 15.4, high 65.0).
P/B 9.32 is at the 56th percentile (median 8.91).
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 | JGCHEM | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.4% | -2.8% | +4.2 pts |
| 1 month | -2.6% | -6.8% | +4.2 pts |
| 3 months | +44.5% | -7.6% | +52.1 pts |
| 6 months | +97.5% | +0.4% | +97.1 pts |
| 1 year | +42.6% | -9.9% | +52.5 pts |
| 2 years | +47.7% | -13.6% | +61.2 pts |
Red flags
F-score 6 of 8| explain | Weak cash conversion Cash from operations was 26% of net profit over the last 3 years |
| explain | Share dilution Share count up 2542% in a year, 2542% in three |
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 ₹316 Cr +45.0% vs Jun 2025.
Net profit ₹26 Cr +62.5%.
Activity
Compare| Company | Mcap (Cr) | P/E | ROCE |
|---|---|---|---|
| SRF Ltd | 71,738 | 32.0 | 14.6 % |
| Deepak Fertilisers & Petrochemicals Corp Ltd | 16,523 | 16.8 | 11.4 % |
| Tata Chemicals Ltd | 15,638 | 3.42 % | |
| Gujarat Narmada Valley Fertilizers & Chemicals Ltd | 8,985 | 8.66 | 12.0 % |
| Tanfac Industries Ltd | 7,226 | 107 | 23.9 % |
| Gujarat Alkalies & Chemicals Ltd | 4,606 | 69.4 | 1.42 % |
| Grauer & Weil (India) Ltd | 3,744 | 23.4 | 20.6 % |
| GHCL Ltd | 3,724 | 8.16 | 17.4 % |
| Thirumalai Chemicals Ltd | 1,834 | -3.15 % | |
| I G Petrochemicals Ltd | 1,801 | 22.1 | 3.11 % |
| Indo Borax & Chemicals Ltd | 1,569 | 32.0 | 15.4 % |
| Innovassynth Technologies (India) Ltd | 1,405 | -16.4 % | |
| Citurgia Biochemicals Ltd | 1,380 | % | |
| Vikram Thermo (India) Ltd | 1,320 | 30.1 | 36.2 % |
| TGV Sraac Ltd | 1,312 | 9.46 | 13.0 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2026-09-23 | Dividend - Rs 1.10 Per Share | |
| 2025-08-05 | Dividend - Re 1 Per Share | |
| 2024-09-12 | Annual General Meeting |
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.
Close to Close price movement greater than 75perc in previous 6 monthsHigh low price variation greater than 100perc in previous 6 months