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Earnings Call Transcript

J G Chemicals Earnings Call Transcript: Key Takeaways

J.G. Chemicals achieved record FY26 performance with 14.7% revenue growth. The firm is pivoting toward higher-margin non-rubber segments and executing significant brownfield and greenfield expansions.

Guidance and delivery
Management target Revenue 30.0% next few years
Highlights
Revenue growth14.7% YoY for FY26.
MarginsEBITDA margin at 10.05%; passing through higher costs to customers.
Demand visibilityStrong automotive backdrop; tyre industry capex increasing significantly.
Management confidenceHigh; record annual revenue, EBITDA, and PAT achieved.

Growth

FY26 revenue rose 14.7% to INR 9,729 Mn; PAT increased 2.7% to INR 686 Mn.

Outlook

Dahej project commissioning in H1-FY27; targeting 30% non-rubber revenue contribution; INR 100 Cr investment funded internally.

Risks

Global zinc dross flow disruptions due to war; energy and logistics cost volatility.

Last quarter's promises, checked

Delivered

  • Commission Phase 1 solar Naidupeta in FY26 → Commissioned (= BEAT)
  • Achieve double-digit volume growth → Delivered double-digit (= BEAT)
  • Record FY26 revenue/EBITDA/PAT → Delivered INR 972.9/97.9/68.6 Cr (= BEAT)

Partly delivered

  • Execute Dahej project → Civil/machinery underway, commissioning H1-FY27 (= PARTIAL)
  • Increase non-rubber share → 3-4% shift achieved, major gains post-Dahej (= PARTIAL)
Source

Earnings Call Transcript filed with NSE, NSE: JGCHEM. Summary written with AI assistance from the document.

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J G Chemicals Ltd: key numbers

Share price
₹620.10
Market cap
₹2,430 Cr
Revenue (annual)
₹972.9 Cr
Net profit (annual)
₹65.88 Cr
P/E (TTM)
32.3×Sector 37.5×
Promoter holding
70.99%+0.00% QoQ
FII holding
3.21%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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