MarketFriction

Jubilant Ingrevia Ltd

NSE JUBLINGREA · BSE 543271 · Specialty Chemicals
₹638.00 -2.33%
NSE close2026-10-01
52 week range537.30 - 795.00
Market cap₹10,180 Cr.
P/E32.0
Nifty 500Smallcap 250 Price band 20% Delivery 51.6%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales1,0209661,0741,0241,0451,0571,0511,0381,1211,0511,1791,300
Expenses9028719839159219189058969859241,0161,101
Operating Profit1189691110124138147142135126163199
OPM %12%10%8%11%12%13%14%14%12%12%14%15%
Other Income99101010981111-4910
Interest131514141512141312121217
Depreciation343436394040394141454851
Profit before tax8055516680961021009365112141
Tax %28%30%43%26%26%27%27%25%25%28%23%25%
Net Profit5739294959697475694786106
EPS in Rs3.612.421.843.063.704.364.654.714.362.945.436.64
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales06844,9494,7734,1364,1784,3884,651
Expenses05674,1084,2243,7083,6583,8204,027
Operating Profit-0117841549427519568624
OPM %17%17%11%10%12%13%13%
Other Income0-10223229382727
Interest07312253564954
Depreciation022123122136158175186
Profit before tax-077709437268344370411
Tax %0%30%33%30%32%27%25%
Net Profit-054477308183251278309
EPS in Rs-3.403.4129.9319.3111.4815.7717.4519.37
Dividend Payout %0%10%17%26%43%31%28%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%45%-3%11%
Compounded Profit Growth%35%-2%15%
Stock Price CAGR%-3%10%0%
Return on Equity%11%8%10%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital0.05161616161616
Reserves-01,9072,4172,6502,7222,9113,110
Borrowings0556238407740764792
Other Liabilities08881,1111,1761,2411,3241,551
Total Liabilities03,3663,7824,2494,7195,0155,470
Fixed Assets01,8051,7981,8462,5392,5813,183
CWIP065174525331525154
Investments05068153733
Other Assets01,4461,8041,8701,8341,8722,099
Total Assets03,3663,7824,2494,7195,0155,470
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0112453462430508524
Cash from Investing Activity033-71-469-568-389-250
Cash from Financing Activity0-72-41842144-129-155
Net Cash Flow073-36356-9119
Free Cash Flow085225-16-136156235
CFO/OP0%106%69%98%111%113%111%
Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days2514339505365
Inventory Days601117146160163140
Days Payable685103113131141150
Cash Conversion Cycle1675772807555
Working Capital Days2204942372922
ROCE %8%29%16%10%11%11%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters51.47%51.47%51.47%51.47%51.47%51.47%51.47%45.22%45.22%45.22%45.22%45.22%
FIIs6.30%6.35%6.58%6.55%7.22%6.89%7.12%6.96%5.96%6.15%6.49%6.49%
DIIs9.18%11.17%13.60%14.07%15.47%15.99%15.91%21.81%23.04%24.00%24.76%24.98%
Government0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.02%0.02%0.02%0.02%
Public32.22%30.17%27.53%27.10%25.09%24.90%24.76%25.30%24.94%23.80%22.53%22.30%
Others0.82%0.82%0.81%0.81%0.77%0.74%0.73%0.72%0.82%0.80%0.98%0.98%
No. of Shareholders1,73,5331,62,2021,50,3881,42,7361,25,3671,24,8301,20,4061,23,7481,25,7491,17,5291,12,6961,10,949

Fundamentals

Market Cap₹ 10,180 Cr.
Current Price₹ 639
Stock P/E32.0
Book Value₹ 196
ROCE11.4 %
ROE9.52 %
Dividend Yield0.78 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)11%
Compounded Profit Growth (TTM)15%
Consolidated figures.
Valuation
Market capRs 10,162 Cr
Enterprise valueRs 10,484 Cr
P/E (TTM)32.93x
Price to book3.81x
Price to sales2.19x
EV / EBITDA16.12x
EV / EBIT22.56x
EV / sales2.25x
Price to cash flow21.97x
Earnings yield3.04%
Dividend yield0.78%
P/E, 3-year average36.59x
P/B, 3-year average2.42x
Profitability
Operating margin (excl. other income)11.49%
Operating margin (incl. other income)12.16%
EBITDA margin13.98%
Pre-tax margin8.83%
Net profit margin6.64%
Net margin, latest quarter8.14%
ROE12.06%
ROCE15.96%
ROA7.66%
ROE, 3-year average13.20%
ROCE, 3-year average17.18%
ROA, 3-year average8.07%
ROIC (approx.)10.95%
Tax rate29.59%
Other income / net worth1.20%
Growth
Sales growth (latest year)-3.57%
Profit growth (latest year)-35.50%
Sales growth QoQ10.32%
Profit growth QoQ22.42%
Sales growth YoY (latest quarter)25.28%
Profit growth YoY (latest quarter)40.91%
Per share
EPS (TTM)Rs 19.38
EPS (latest year)Rs 19.31
EPS (latest quarter)Rs 6.64
EPS, 3-year averageRs 17.55
Book value per shareRs 167.39
Sales per shareRs 291.97
Cash flow per shareRs 29.03
Free cash flow per shareRs 14.75
Dividend per share (latest year)Rs 4.99
Dividend per share, 3-year averageRs 3.44
Dividends
Dividend payout25.85%
Dividend payout, 3-year average17.60%
Efficiency
Asset turnover1.12x
Fixed asset turnover2.59x
Inventory turnover3.45x
Inventory days106 days
Debtor days39 days
Debtors turnover9.34x
Creditor days150 days
Cash conversion cycle55 days
Working capital days22 days
Leverage
Total debtRs 407 Cr
Cash and bankRs 85 Cr
Net debtRs 322 Cr
Debt to equity0.15x
Net debt / EBITDA0.50x
Interest coverage8.63x
Current ratio (filing 2026-03-31)1.29x
Quick ratio (filing 2026-03-31)0.73x
Trade payables (filing 2026-03-31)Rs 941 Cr
Owners' fund to total sources62.75%
Debt to assets9.57%
Cash flow
Cash from Operating Activity (latest year)Rs 462 Cr
Cash from Investing Activity (latest year)Rs -469 Cr
Cash from Financing Activity (latest year)Rs 42 Cr
Net Cash Flow (latest year)Rs 35 Cr
Free cash flow (latest year)Rs 235 Cr
FCFE (approx.: FCF + change in debt)Rs 404 Cr
Cash from ops / profit, 5 years1.59x
Sales to cash flow10.32x
Statement figures
Net sales (TTM)Rs 4,651 Cr
Net sales (latest year)Rs 4,773 Cr
Sales (latest quarter)Rs 1,300 Cr
Operating profit excl. other income (latest year)Rs 549 Cr
Operating profit (latest quarter)Rs 199 Cr
Other income (TTM)Rs 27 Cr
EBITDA (TTM)Rs 650 Cr
PBDT (TTM)Rs 596 Cr
Profit before tax (TTM)Rs 411 Cr
Tax (latest year)Rs 129 Cr
Net profit (TTM)Rs 309 Cr
Net profit (latest year)Rs 308 Cr
Net profit (latest quarter)Rs 106 Cr
Depreciation (TTM)Rs 186 Cr
Depreciation (latest quarter)Rs 51 Cr
Interest (TTM)Rs 54 Cr
Cost of goods sold (latest year)Rs 3,575 Cr
Total expenditure (latest year)Rs 4,224 Cr
Total income (latest year)Rs 4,805 Cr
Share capitalRs 16 Cr
ReservesRs 2,650 Cr
Shareholders' fundsRs 2,666 Cr
Total assetsRs 4,249 Cr
Net blockRs 1,846 Cr
Capital work in progressRs 525 Cr
InvestmentsRs 8 Cr
ReceivablesRs 511 Cr
InventoryRs 1,035 Cr
Other liabilitiesRs 1,176 Cr
Shares outstanding (crore)15.93
Ownership
Promoter holding45.22% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 32.9 is at the 3th percentile of its own 2.4-year range (median 42.8, low 32.6, high 241.2).
P/B 3.81 is at the 7th percentile (median 4.67).
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.
PeriodJUBLINGREANifty 50Difference
1 week+0.4%-2.8% +3.2 pts
1 month-8.0%-6.8% -1.2 pts
3 months-6.0%-7.6% +1.6 pts
6 months+17.3%+0.4% +16.9 pts
1 year-4.8%-9.9% +5.2 pts
2 years-15.7%-13.6% -2.1 pts
3 years+33.2%+14.2% +19.0 pts
5 years-14.7%+27.9% -42.6 pts
71 mutual fund schemes hold about ₹2,349 Cr. Over three months 58 bought more and 7 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
DSP Small Cap Fund1.87%405 +1%
Kotak Small Cap Fund1.25%245 +12%
Bandhan Small Cap Fund0.64%217 +46%
Axis Small Cap Fund0.67%210 +30%
Franklin India Small Cap Fund1.33%196 +39%
DSP Midcap Fund0.93%195 -26%
Edelweiss Small Cap Fund1.32%96 +7%
HDFC Manufacturing Fund0.76%80 +13%
UTI Small Cap Fund1.45%76 +4%
HDFC Multi Cap Fund0.36%74 +16%
HDFC Value Fund0.76%62 +8%
DSP India T.I.G.E.R Fund0.85%55 +10%
Bandhan Innovation Fund1.79%47 -4%
ICICI Pru Manufacturing Fund0.50%36 +13%
Franklin India Large & Mid Cap Fund0.92%33 +13%
Kotak Business Cycle Fund0.95%33 +11%
Kotak Pioneer Fund0.78%33 +7%
DSP Multi Cap Fund0.98%30 +14%
Union Small Cap Fund0.70%19 +0%
Bandhan Aggressive Hybrid Fund0.70%18 +14%
Bandhan Large Cap Fund0.80%17 +14%
Mahindra Manulife Flexi Cap Fund1.07%17 +16%
Axis Business Cycles Fund0.78%17 +14%
Union Small Cap Fund0.70%17 +0%
Edelweiss Large & Mid Cap Fund0.34%17 +12%

Red flags

F-score 4 of 8
explainShare dilution Share count up 0% in a year, 31760% in three
explainDebt up, profit down Borrowings up 71% while net profit fell in 2026
lookRegulator order or action Regulator order or action 2026-06-08: Jubilant Ingrevia Limited has informed the Exchange about Action(s) taken or orders passed
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 2026
Sales ₹1,300 Cr +25.2% vs Jun 2025. Net profit ₹106 Cr +41.3%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-07-24Dividend - Rs 2.50 Per Share
2026-02-10Interim Dividend - Rs 2.50 Per Share
2025-07-25Dividend - Rs 2.50 Per Share
2025-02-03Interim Dividend - Rs 2.50 Per Share
2024-08-02Dividend - Rs 2.50 Per Share
2024-02-09Interim Dividend - Rs 2.50 Per Share
2023-08-10Dividend - Rs 2.50 Per Share
2023-02-10Interim Dividend - Rs 2.50 Per Share
2022-08-23Dividend - Rs 2.50 Per Share
2022-02-10Interim Dividend - Rs 2.50 Per Sh
2021-08-05 Dividend - Rs 0.35 Per Share
DateTypeWhat it says
2026-10-01Change in ManagementChange in Management
2026-10-01Board meeting outcomeOutcome of Board Meeting held on October 01, 2026.
2026-10-01Board meeting outcomeOutcome of Board Meeting held on October 01, 2026 for incorporation of a wholly owned subsidiary
2026-09-25UpdatesIntimation of Record Date for Maturity of Commercial Paper.
2026-09-24Issue of SecuritiesIssue of Securities
2026-08-26General UpdatesProceedings and Voting Results of the 7th Annual General Meeting held on August 26, 2026 along with Scrutinizer Report pursuant to Regulation 30 & 44...
2026-08-26Shareholder meetingProceedings of Annual General Meeting held on August 26, 2026. Further, the company has submitted the Exchange a copy of Srutinizers report along with...
2026-08-18Press ReleaseA press release dated August 18, 2026, titled "Jubilant Ingrevia Limited Enters into a Binding Agreement with Zettaone Technologies India Pvt. Ltd. fo...
2026-08-18General UpdatesThe Board of Directors of the Company, at its meeting held today, approved the Companys entry into a Binding Term Sheet with Zettaone Technologies Ind...
2026-08-04Concall / analyst meetSchedule of meet
2026-08-04Concall / analyst meetSchedule of meet
2026-08-01General UpdatesThe Company has sent a letter to those shareholders whose e-mail addresses are not registered with Company/Registrar & Transfer Agent/Depository Parti...
2026-08-01General UpdatesCommunication to the shareholders regarding deduction of tax at source (TDS) on Final Dividend for FY 2025-26
2026-08-01General UpdatesBusiness Responsibility and Sustainability Report ( BRSR ) for the Financial Year 2025-26
2026-08-01Shareholder meetingNotice of Annual General Meeting to be held on August 26, 2026
2026-07-27Concall / analyst meetTranscript
2026-07-24General UpdatesSubmission of newspaper publication of unaudited standalone and consolidated financial results for quarter ending June 30, 2026
2026-07-23Concall / analyst meetLink of Recording
2026-07-22Investor PresentationInvestor Presentation
2026-07-22Press ReleaseA press release dated July 22, 2026, titled "Press Release and presentation on the financials and operational performance of the Company for the quart...
2026-07-22General UpdatesOutcome of the Board Meeting
2026-07-22Board meeting outcomeJubilant Ingrevia Limited has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
2026-07-22General UpdatesGrant of Stock Options under Jubilant Ingrevia Employees Stock Option Scheme 2021
2026-07-13Concall / analyst meetSchedule of meet
2026-06-23Concall / analyst meetSchedule of meet
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.

Quick answers

What is the market cap of Jubilant Ingrevia Ltd?

Jubilant Ingrevia Ltd (JUBLINGREA) has a market capitalisation of Rs 10,180 Cr. at the 2026-10-01 close.

What is the P/E ratio of Jubilant Ingrevia Ltd?

Jubilant Ingrevia Ltd trades at a P/E of 32.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Jubilant Ingrevia Ltd's latest quarterly results?

In the Jun 2026 quarter, Jubilant Ingrevia Ltd sales was Rs 1,300 Cr (+25.2% vs Jun 2025) and net profit was Rs 106 Cr.

What is the 52-week high and low of Jubilant Ingrevia Ltd?

The 52-week high is Rs 795.00 and the 52-week low is Rs 537.30.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03