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    J.G.Chemicals Limited

    India's largest Zinc Oxide maker, recycling zinc scrap into oxide/sulphate for tyres, pharma & more.

    Chemicals
    Commodities
    View JGCHEM earnings calls
    ₹437.6
    +8.25% from avg

    Overview

    Price

    ₹437.6

    Market Cap

    ₹2.0k Cr

    Sector

    Chemicals

    Commodities

    Rank

    4

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital1113239393939
    Reserves84107151176359426454489
    Borrowings5274947014056
    Other Liabilities1227182037333434
    Total Liabilities149210264298449498533569
    AssetsFixed Assets2123223542396467
    CWIP00710128
    Investments69834351119136
    Other Assets123178226259364407348358
    Total Assets149210264298449498533569

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating41-773176-1144
    Cash from Investing-11-6-5-5-14025-60
    Cash from Financing-30170-29107-291
    SummaryCapital Expenditure
    Free Cash Flow35-13-22167-165
    FCF Margin

    Valuation

    Assumptions

    Current — JGCHEM
    Price
    ₹438
    EPS (TTM)
    ₹16.81
    PE (TTM)
    26.0
    Profit growth
    43.5%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (22.0×) and current (26.0×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹438
    vs
    Fair value · 15% return
    ₹1,119
    156%Undervalued

    At 43.5% growth and a 22× exit, ₹438 only delivers your return if you pay ₹1,119. The price is currently baking in 21% growth.

    EPS grows 43.5%/yr for 5 years, then fades to 6% over 2, exits at 22×.

    YearGrowthEPS (₹)
    FY2743.5%24.12
    FY2843.5%34.62
    FY2943.5%49.67
    FY3043.5%71.28
    FY3143.5%102.29
    FY3224.8% ·fade127.61
    FY336.0% ·fade135.26

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

    Learn to analyse J.G.Chemicals Limited

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