Jg Chemicals Limited · NSE:JGCHEM
Jg Chemicals — Q3 FY26 Earnings Presentation
24 slides from Jg Chemicals's earnings presentation, Feb 14, 2026
Slide 1: Cover letter to stock exchanges
14th February, 2026 To, To, The Manager, The General Manager, Listing Department, Department of Corporate Services, National Stock Exchange of India Ltd, BSE Ltd., Exchange Plaza, 1st Floor, New Trading Ring, Plot No. – C – 1, G Block, Rotunda Building, Bandra – Kurla Complex, P.J. Towers, Bandra (E
Slide 2: Earnings Presentation Q3/9M - FY26
Earnings Presentation Q3/9M - FY26
Slide 3: India's Largest Zinc Recycling Company
India’s Largest Zinc Recycling Company • JG Chemicals Limited (JGCL), incorporated in 1975, is the largest manufacturer of Zinc Oxide in India. Revenue Segmentation • The company started off with a small plant in Kolkata in 1975 with a capacity of about 600 MTPA, and has today scaled up to become am
Slide 4: Geographical Presence
Geographical Presence Europe Other SAARC Countries Plant 1, West Thailand Bengal India Plant 2, West Bengal Constitutes Naidupeta, Andhra 99.25% Pradesh of total exports Australia from India • Direct customer relations – Over 95% of sales are directly to end customers, helps build strong relations.
Slide 5: Marquee Clients
Marquee Clients 4 Investor Presentation
Slide 6: Manufacturing plants
Manufacturing plants West Bengal Naidupeta, Andhra Pradesh Plant 1: Jangalpur The only IATF approved ZnO facility globally and also has WHO Capacity: GMP certification (amongst the very few plants globally to have 14,400 MTPA for Zinc Oxide this). 5,040 MTPA for Recycled Zinc Ingots Capacity: 43,704
Slide 7: Dahej Project: Update
Dahej Project: Update A new state-of-the art project in Dahej Gujarat for zinc chemicals using the most advanced recycling technologies ➢ Land Acquired: 11.43 acres ➢ Product: Wide range of zinc chemicals (zinc oxides, zinc sulphates and other high performance zinc chemicals) using advanced in- hous
Slide 8: Environmentally Friendly Manufacturing Process
Environmentally Friendly Manufacturing Process Environmentally Friendly Manufacturing Process Use of recycled/ secondary zinc instead of primary Zinc Using recycled metal instead of finite virgin ores JGCL is the largest zinc recycling company in India. Our business 73% 82% exemplifies circular econ
Slide 9: Leading Market Position With Diversified Customer Base
Leading Market Position With Diversified Customer Base ZnO is a highly versatile chemical, it is used is for various industries with 80+ grades sold for a wide spectrum of industrial applications requiring high customization to manufacture from zinc scrap making it a complex manufacturing process ha
Slide 10: Key Strengths
Key Strengths JGCL has a very Only IATF certified facility strong brand recall, (Naidupeta) in India & image and goodwill 9 out of Top 10 global Sell over 80 grades obtained licenses to mfg. amongst the and Top 11 domestic of ZnO as per ZnO in with IPBP/USP/ customers which it has Tyre manufacturers
Slide 11: High Entry Barriers in the Industry
High Entry Barriers in the Industry Long drawn process for Customer Approvals Strong Sourcing Network of Zinc Scrap Stringent Regulatory Approvals On an average it takes about 4 to 5 years minimum The procurement of zinc scrap, which is recycled by Various licenses like IATF, WHO GMP and others to g
Slide 12: Zinc Scrap comes in different size, shapes and quality
Zinc Scrap comes in different size, shapes and quality Zinc Dross/Scrap is a highly complex metal to process and handle while ensuring highest efficiencies 11 Investor Presentation
Slide 13: Future Growth Strategies
Future Growth Strategies Expand Product Portfolio Deeper Penetration in Domestic Markets Ramp-up of Zinc Sulphate Business Expansion to New Geographies Diversify Customer Applications in End-user Industries 12 Investor Presentation
Slide 14: Q3/9M-FY26 Financial Performance
Q3/9M-FY26 Financial Performance 13 Investor Presentation
Slide 15: Financial Highlights
Financial Highlights Q3-FY26 FINANCIAL HIGHLIGHTS 9M-FY26 FINANCIAL HIGHLIGHTS Revenue From Revenue From Operations EBITDA EBITDA Margin Operations EBITDA EBITDA Margin INR 2,485 Mn INR 259 Mn 10.42% INR 6,868 Mn INR 710 Mn 10.34% PAT PAT Margin Basic/Diluted EPS PAT PAT Margin Basic/Diluted EPS INR
Slide 16: Q3/9M-FY26 Operational Highlights
Q3/9M-FY26 Operational Highlights • Q3 saw highest-ever quarterly sales and improved EBITDA margins (QoQ) due to higher realizations, better capacity utilization, which helped in operating leverage and increased mix of speciality orders. • GST cuts in Sep-25 boosted the automobile demand, benefiting
Slide 17: Quarterly Financial Performance
Quarterly Financial Performance Particulars (INR Mn) Q3-FY26 Q3-FY25 Y-o-Y Q2-FY26 Q-o-Q Revenue from Operations 2,485 2,091 18.8% 2,203 12.8% Other Income 31 25 24.0% 39 (20.5)% Total Income 2,516 2,116 18.9% 2,242 12.2% Total Expenses 2,257 1,860 21.3% 2,023 11.6% EBITDA* 259 256 1.2% 219 18.3% EB
Slide 18: YTD Financial Performance
YTD Financial Performance Particulars (INR Mn) 9M-FY26 9M-FY25 Y-o-Y Revenue from Operations 6,868 6,237 10.1% Other Income 104 65 60.0% Total Income 6,972 6,302 10.6% Total Expenses 6,262 5,571 12.4% EBITDA* 710 731 (2.9)% EBITDA Margins (%) 10.34% 11.72% (138) Bps Depreciation and Amortization exp
Slide 19: Historical Income Statement
Historical Income Statement Particulars (INR Mn) FY23 FY24 FY25 9M-FY26 Revenue from Operations 7,846 6,677 8,479 6,868 Other Income 96 77 100 104 Total Income 7,942 6,754 8,579 6,972 Total Expenses 7,091 6,224 7,618 6,262 EBITDA* 851 530 961 710 EBITDA Margins (%) 10.85% 7.94% 11.33% 10.34% Depreci
Slide 20: Historical Balance Sheet
Historical Balance Sheet Particulars (INR Mn) FY24 FY25 H1-FY26 Particulars (INR Mn) FY24 FY25 H1-FY26 EQUITY 4,055 4,746 5,043 NON-CURRENT ASSETS 551 539 866 Share Capital 392 392 392 (a) Property, plant & equipment 417 389 643 Other Equity 3,592 4,255 4,540 (b) Capital Work-in-progress - 11 16 Non
Slide 21: Financial Highlights
Financial Highlights OPERATIONAL REVENUE (INR Mn) EBITDA (INR Mn) & EBITDA MARGIN NET WORTH (INR Mn) (%) 8,479 5,061 7,846 4,598 6,868 11.3% 6,677 10.9% 3,935 10.3% 7.9% 1,999 961 851 710 530 FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 FY23 FY24 FY25 9M-FY26 20 Investor Presentation
Slide 22: Capital Market Information
Capital Market Information Shareholding Pattern (As On 31 st December , 2025) Market Data (INR) (As on 31st December 2025) DII, 1.38% FII, 3.20% AIF, 2.11% Public, 22.32% Face Value 10.00 Promoters, 70.99% CMP 352.75 52 Week H/L 558.4/290.3 Marquee Shareholders MASSACHUSETTS INSTITUTE OF 2.62% TECHN
Slide 23: Disclaimer
Disclaimer JG Chemicals Limited No representation or warranty, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or opinions contained in this presentation. Such information and opinions are in all events no
Slide 24: Thank You
Thank You 23 Investor Presentation