J.G.Chemicals

JG Chemicals delivered a strong Q4 FY26 with revenue of ₹286.2 croreCurrent reported value: ₹286.2 crore. No comparable prior figure is available in the source record. (+27.6Current reported value: 27.6. No comparable prior figure is available in the source record.% YoY), EBITDA of ₹26.8 croreCurrent reported value: ₹26.8 crore. No comparable prior figure is available in the source record., and PAT of ₹18.9 croreCurrent reported value: ₹18.9 crore. No comparable prior figure is available in the source record., driven by robust tire demand post-GST cuts and volume growth in the mid-teens. Full-year revenue hit a record ₹972.9 croreCurrent reported value: ₹972.9 crore. No comparable prior figure is available in the source record. with EBITDA of ₹97.9 croreCurrent reported value: ₹97.9 crore. No comparable prior figure is available in the source record. and PAT of ₹68.6 croreCurrent reported value: ₹68.6 crore. No comparable prior figure is available in the source record.. Management highlighted successful pass-through of March raw material and energy cost spikes from April 1, with margins expected to normalize to 10-11% in Q1 FY27. The Gujarat plant (Phase I) is on track for H1 FY27 commissioning, targeting 30-40% utilization in H2 and 65-70% by FY28. The recycled rubber pilot received strong customer validation, with commercial scale details to follow. Key risk: geopolitical disruptions could continue to pressure raw material availability and energy costs, potentially impacting near-term margins.