J.G. Chemicals Announces Financial Results for FY2026; Recommends 11% Dividend
J.G. Chemicals Limited announced the outcome of its Board of Directors meeting held on May 14, 2026. The Board approved the Audited Financial Results for both the standalone and consolidated financials for the quarter and financial year ended March 31, 2026.The company also recommended a Final Dividend of 11% @ ₹1.10/- per Equity Share of ₹10 each for the financial year ended March 31, 2026. The payment is subject to the approval of the Shareholders at the ensuing 25th Annual General Meeting and is expected to be paid within 30 days from the date of declaration.
Financial Performance Snapshot
The Board's approved results provide a clear view of the company's performance. On a consolidated basis, the company recorded a robust Total Comprehensive Income after tax of 703.60 million for the year ended March 31, 2026, compared to 691.06 million in the previous year.The financial tables provide a detailed comparison of the company's key metrics across the period:
| Metric | Quarter Ended 31.03.2026 (Audited) | Year Ended 31.03.2026 (Audited) | Quarter Ended 31.03.2025 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|---|---|
| Revenue from Operations | 2,861.69 million | 9,729.30 million | 2,242.54 million | 8,479.44 million |
| Total Expenses | 2,663.17 million | 8,966.56 million | 2,062.37 million | 7,680.56 million |
| Profit before tax | 254.09 million | 921.14 million | 215.52 million | 899.00 million |
| Net Profit after tax | 189.00 million | 686.49 million | 159.06 million | 667.59 million |
The balance sheet shows strong asset growth, with Total Assets reaching 5,692.50 million as at March 31, 2026, up from 4,979.30 million the previous year.
Audited Balance Sheet Summary (in Millions)
| Particulars | As at 31.03.2026 (Audited) | As at 31.03.2025 (Audited) |
|---|---|---|
| TOTAL ASSETS | 5,692.50 | 4,979.30 |
| Non-current assets | 903.17 | 538.90 |
| Total current assets | 4,789.33 | 4,440.40 |
| TOTAL EQUITY AND LIABILITIES | 5,692.50 | 4,979.30 |
| Total Equity | 5,410.55 | 4,746.13 |
| Total Non-current liabilities | 25.04 | 10.09 |
| Total current liabilities | 256.91 | 223.08 |
Corporate Governance and Capital Utilization
The Board of Directors also addressed critical corporate governance matters, including the re-appointment of key auditors for the financial year 2026-2027.The company approved the re-appointment of:
- Cost Auditor: M/s Debabrota Banerjee & Associates.
- Internal Auditor: SS Kothari Mehta & Co. LLP.
- Tax Auditor: M/s. S Jaykishan, Chartered Accountants.
Regarding the initial public offering (IPO) proceeds, the Board noted that Rs. 42.62 million remains unutilized as of March 31, 2026. Previously, the company had utilized Rs. 131.466 Crores of the total IPO proceeds.
The Board decided to adjust the plan, utilizing the unspent amount of Rs. 42.62 million in the Fiscal Year 2027 to fund the capital expenditure requirements for setting up the Research and Development (R&D) Centre. The company stated that the extension of the timeline for this utilization is due to delays in construction works and equipment procurement, and the objects of the Issue remain unchanged.
Cash Flow Highlights (in Millions)
The company’s cash flow statement reflects significant activity in both operating and investing segments:| Source | Year Ended 31.03.2026 (Audited) | Year Ended 31.03.2025 (Audited) |
|---|---|---|
| Net Cash generated from Operating Activities (A) | 435.74 | (11.97) |
| Net Cash generated from Investing Activities (B) | (596.58) | 247.60 |
| Net Cash generated from Financing Activities (C) | 9.25 | (288.78) |
| Net increase/ (decrease) in cash and cash equivalents (A+B+C) | (151.60) | (1,53.15) |
The audited financial statements confirm the company's robust financial foundation and planned strategic deployment of funds.
JGCHEM Stock Price Movement
Today, J.G.Chemicals Limited shares edged higher to close at ₹416.15, gaining 1.88% in post-market trading. The stock settled on a robust total traded volume of 125,150 shares.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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