J.G.Chemicals Ltd (JGCHEM) — shareholding pattern, promoter holding, financials and share price
About J.G.Chemicals Ltd (JGCHEM)
J.G.Chemicals Ltd operates in the Commodity Chemicals industry, within the Chemicals sector. It trades on the NSE as JGCHEM and on the BSE under scrip code 544138. Its ISIN is INE0MB501011.
Incorporated in 2001, J.G Chemicals is a leading Zinc Oxide Manufacturer having the capability to produce up to 80 grades of Zinc oxide [1]
JG Chemicals Limited is India’s largest zinc oxide manufacturer and a leading zinc recycling company, producing customized ZnO grades for diverse industrial applications with an installed capacity in the c.70,000–77,000 MTPA range across three plants, including the IATF and WHO‑GMP certified Naidupeta facility and a global customer footprint spanning tyre majors and specialty chemical buyers.
Q3‑FY26 results showed highest‑ever quarterly sales: Revenue from operations of INR 2,485 Mn, EBITDA INR 259 Mn (10.42% margin) and PAT INR 184 Mn, while 9M‑FY26 delivered INR 6,868 Mn revenue and PAT INR 497 Mn; management highlighted QoQ margin improvement driven by realizations, utilization and specialty mix, while Y/Y margins were modestly compressed.
Listed peers in Commodity Chemicals: Thirumalai Chemicals Ltd, Citurgia Biochemicals Ltd, Indo Borax & Chemicals Ltd, I G Petrochemicals Ltd, Andhra Sugars Ltd, Amines & Plasticizers Ltd.
Valuation & Returns
10 Jul 2026At ₹457 a share on 10 Jul 2026, J.G.Chemicals Ltd (JGCHEM) was valued at a price-to-earnings ratio of 26.09x against an industry P/E of 45.11x and a price-to-book of 3.85x on a book value of ₹118.6 per share as of Mar 2025. Solomo computes return on equity of 14.77% and return on capital employed of 19.93% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 26.09x
- Industry P/E
- 45.11x
- P/B
- 3.85x
- EPS (TTM)
- ₹17.52
- Book value / share
- ₹118.6
- ROE
- 14.77%
- ROCE
- 19.93%
- ROA
- 13.79%
- Debt / equity
- 0x
- Dividend yield
- 0.22%
- EBITDA margin
- 10.06%
- 52-week range
- ₹300 – ₹558.4
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, J.G.Chemicals Ltd (JGCHEM) reported revenue of ₹973 crore, net profit of ₹69 crore and earnings per share of ₹16.81. That compares with revenue of ₹847 crore and net profit of ₹67 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹286 crore and net profit ₹19 crore (consolidated).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 611 | 782 | 666 | 847 | 973 |
| Net profit (₹ cr) | 43 | 57 | 32 | 67 | 69 |
| EPS (₹) | 327.95 | 17.32 | 7.88 | 16.34 | 16.81 |
| Measure | 5Y | 3Y | 1Y |
|---|---|---|---|
| Sales growth | 3.74% | 1.94% | 27.00% |
| Profit growth | 13.99% | 8.22% | 107.91% |
| Stock price CAGR | - | - | -11% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 70.99% of J.G.Chemicals Ltd (JGCHEM) (unchanged from the previous quarter), foreign institutional investors (FII) hold 3.21% and domestic institutional investors (DII) hold 3%. Market capitalisation was ₹1,791 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2024.
Largest disclosed public shareholders in Jun 2026: MASSACHUSETTS INSTITUTE OF TECHNOLOGY 2.62%, CARNELIAN STRUCTURAL SHIFT FUND 1.69%, CTL TRUSTEESHIP LIMITED 1.24%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 70.99% | - | 3.21% | 3% | 29.01% |
| Mar 2026 | 70.99% | - | 3.28% | 3.47% | 29.01% |
| Dec 2025 | 70.99% | - | 3.2% | 3.49% | 29.01% |
| Sep 2025 | 70.99% | - | 4.32% | 3.15% | 29.01% |
| Jun 2025 | 70.99% | - | 6.05% | 3.49% | 29.01% |
| Mar 2025 | 70.99% | - | 6.09% | 3.7% | 29.01% |
| Dec 2024 | 70.99% | - | 6.04% | 3.94% | 29.01% |
| Sep 2024 | 70.99% | - | 6.61% | 3.77% | 29.01% |