J.G.Chemicals Q2 FY27: revenue up 63.9% to ₹361 Cr, net profit up 85.5% to ₹27 Cr
Results · Finvezto · 4 Nov 2026 · J.G.Chemicals (JGCHEM)
Results Q2 FY27, ₹ Cr
| Q2 FY27 | ₹ Cr | QoQ | YoY |
|---|---|---|---|
| Revenue | 361 | - | +63.9% |
| Operating profit | 38 | - | +111.9% |
| Net profit | 27 | - | +85.5% |
| Operating margin | 10.6% | - | +2.4 pp |
| Net margin | 7.4% | - | +0.9 pp |
YoY is the company's own figure. QoQ shows where our quarterly series matches the filing.
Key points
- JG Chemicals delivered its best-ever quarterly performance in Q2 FY27 with revenue of INR361.01 crores up 64% year-on-year, EBITDA of INR38.65 crores up 77% and PAT of INR27.95 crores up 86%. Earnings call
- Volume growth was mid-teens with zinc oxide capacity utilization exceeding 80%, and non-rubber applications accounted for over 18% of sales in H1 FY27. Earnings call
- Dahej Phase 1 of about 15,000 metric tons per annum is nearing completion with trial runs next month, while the 5,000 metric ton Naidupeta expansion is expected around mid to end January. Earnings call
What to watch
- Management on ebitda margin: So I think on a blended basis, we are confident that in the next 3 years or so, we should be closer to the 14% to 15% EBITDA margin with the share of value-added products increasing.
- Management on fy27 revenue: And I'm very confident that this fiscal, which is FY27, we will be much higher than INR1,200 crores.
Links
Company page · Results tracker
Anand Ganapathy K | SEBI Registered Research Analyst | INH000016630.