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JB Chemicals & Pharmaceuticals Ltd. (IN:JBCHEPHARM)
:JBCHEPHARM
India Market
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JB Chemicals & Pharmaceuticals Ltd. (JBCHEPHARM) AI Stock Analysis

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IN:JBCHEPHARM

JB Chemicals & Pharmaceuticals Ltd.

(JBCHEPHARM)

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Outperform 74 (OpenAI - 5.2)
Rating:74Outperform
Price Target:
₹2,390.00
▲(29.34% Upside)
Action:Upgraded
Date:05/13/26
The score is driven primarily by strong financial performance—especially the conservative balance sheet and solid profitability—offset by a high valuation (elevated P/E and low yield). Technicals are supportive with price above key moving averages and positive MACD, though momentum indicators suggest the stock is approaching overbought levels.
Positive Factors
Conservative balance sheet
Very low leverage and a strengthening equity base provide durable financial flexibility. Near-negligible debt reduces interest risk, supports investment or acquisitions, and helps absorb industry cyclicality, improving long-term resilience and strategic optionality.
Negative Factors
Slowing revenue growth
A material deceleration to low-single-digit revenue growth weakens the growth runway and limits operating-leverage benefits. If persistent, slower top-line expansion will constrain earnings growth and the ability to scale margins without new product launches or geographic expansion.
Read all positive and negative factors
Positive Factors
Negative Factors
Conservative balance sheet
Very low leverage and a strengthening equity base provide durable financial flexibility. Near-negligible debt reduces interest risk, supports investment or acquisitions, and helps absorb industry cyclicality, improving long-term resilience and strategic optionality.
Read all positive factors

JB Chemicals & Pharmaceuticals Ltd. (JBCHEPHARM) vs. iShares MSCI India ETF (INDA)

JB Chemicals & Pharmaceuticals Ltd. Business Overview & Revenue Model

Company Description
J. B. Chemicals & Pharmaceuticals Limited manufactures and markets various pharmaceutical formulations, herbal remedies, and active pharmaceutical ingredients in India and internationally. Its principal products include Cilnidipine, Ranitidine, an...
How the Company Makes Money
JB Chemicals & Pharmaceuticals makes money primarily by selling pharmaceutical products, with revenue driven by (1) domestic India formulations and branded generic medicines sold through prescription and trade channels, and (2) international sales...

JB Chemicals & Pharmaceuticals Ltd. Financial Statement Overview

Summary
Strong overall fundamentals supported by steady multi-year revenue expansion, healthy profitability, and an exceptionally low-leverage balance sheet. Key offsets are the recent slowdown in revenue growth, margin variability, and historically volatile free cash flow (despite a strong recent rebound).
Income Statement
82
Very Positive
Balance Sheet
92
Very Positive
Cash Flow
78
Positive
BreakdownTTMMar 2026Mar 2025Mar 2024Mar 2023Mar 2022
Income Statement
Total Revenue40.36B41.48B38.62B34.48B31.17B24.24B
Gross Profit26.81B18.96B25.22B22.45B19.32B15.81B
EBITDA11.43B11.07B10.69B9.33B7.05B5.83B
Net Income7.18B7.09B6.60B5.53B4.10B3.85B
Balance Sheet
Total Assets47.12B49.69B42.74B39.94B35.54B26.07B
Cash, Cash Equivalents and Short-Term Investments9.01B8.85B4.50B4.60B2.69B566.50M
Total Debt409.10M36.00M278.90M3.78B5.72B545.59M
Total Liabilities9.07B8.09B8.40B10.71B10.74B4.69B
Stockholders Equity38.06B41.59B34.33B29.23B24.80B21.34B
Cash Flow
Free Cash Flow3.16B6.27B8.05B5.39B-1.39B-5.37B
Operating Cash Flow3.62B7.11B9.02B8.01B6.26B1.70B
Investing Cash Flow-2.98B-5.96B-2.96B-4.08B-9.62B23.20M
Financing Cash Flow-863.90M-1.20B-5.80B-3.41B3.57B-1.38B

JB Chemicals & Pharmaceuticals Ltd. Technical Analysis

Technical Analysis Sentiment
Positive
Last Price1847.80
Price Trends
50DMA
2066.11
Positive
100DMA
1981.52
Positive
200DMA
1849.49
Positive
Market Momentum
MACD
34.36
Negative
RSI
59.84
Neutral
STOCH
51.29
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:JBCHEPHARM, the sentiment is Positive. The current price of 1847.8 is below the 20-day moving average (MA) of 2098.61, below the 50-day MA of 2066.11, and below the 200-day MA of 1849.49, indicating a bullish trend. The MACD of 34.36 indicates Negative momentum. The RSI at 59.84 is Neutral, neither overbought nor oversold. The STOCH value of 51.29 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:JBCHEPHARM.

JB Chemicals & Pharmaceuticals Ltd. Peers Comparison

Overall Rating
UnderperformOutperform
Sector (51)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
79
Outperform
₹398.61B33.181.04%17.31%14.93%
74
Outperform
₹346.86B45.710.86%5.87%6.56%
73
Outperform
₹417.59B27.580.28%8.92%24.73%
70
Outperform
₹202.20B51.420.47%12.37%30.97%
66
Neutral
₹328.46B32.720.21%16.56%34.08%
54
Neutral
₹261.81B28.7311.99%
51
Neutral
$7.86B-0.30-43.30%2.27%22.53%-2.21%
* Healthcare Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
IN:JBCHEPHARM
JB Chemicals & Pharmaceuticals Ltd.
2,160.35
507.03
30.67%
IN:AJANTPHARM
Ajanta Pharma Limited
3,190.50
580.95
22.26%
IN:EMCURE
Emcure Pharmaceuticals Limited
1,732.50
661.17
61.71%
IN:ERIS
Eris Lifesciences Ltd
1,459.50
-45.35
-3.01%
IN:IPCALAB
IPCA Laboratories Limited
1,646.25
177.84
12.11%
IN:WOCKPHARMA
Wockhardt Limited
1,611.30
270.90
20.21%

JB Chemicals & Pharmaceuticals Ltd. Corporate Events

JB Chemicals & Pharmaceuticals Sets Investor Call to Discuss Q4 FY26 Results
May 7, 2026
JB Chemicals Pharmaceuticals has scheduled an investors and analysts conference call with its management on May 12, 2026, at 8:30 a.m. IST to discuss financial results and business developments for the fourth quarter ended March 31, 2026. The cal...
JB Chemicals Shareholders Clear Key Scheme Resolution at Court-Convened Meeting
Apr 28, 2026
JB Chemicals Pharmaceuticals Ltd. has reported that its equity shareholders approved a proposed corporate Scheme at a court-convened general meeting held via video conferencing on April 28, 2026. The resolution received the required majority in n...
JB Chemicals Shareholders Approve Amalgamation with Torrent Pharma at NCLT Meeting
Apr 28, 2026
JB Chemicals Pharmaceuticals Ltd. informed the stock exchange that it held a National Company Law Tribunal (NCLT) convened meeting of its equity shareholders on April 28, 2026 via video conferencing. The meeting was properly constituted with the ...
JB Chemicals Publishes NCLT-Directed Notice for Equity Shareholders’ Meeting
Mar 28, 2026
JB Chemicals Pharmaceuticals Ltd. has notified the stock exchange that it has published a newspaper advertisement giving notice of a meeting of its equity shareholders. The shareholder meeting has been convened pursuant to an order dated March 23...
JB Chemicals & Pharmaceuticals Publishes Postal Ballot Notices for Shareholders
Feb 23, 2026
JB Chemicals Pharmaceuticals has notified the stock exchange that it has published newspaper advertisements related to a postal ballot process for its shareholders. The notices, carried in the English and Gujarati editions of the Financial Expres...
JB Chemicals seeks shareholder nod for board overhaul via e-voting
Feb 20, 2026
JB Chemicals Pharmaceuticals has launched a postal ballot process seeking shareholder approval for several board appointments, including elevating Aman Mehta to director and managing director. The exercise also covers the induction of Amal Kelshi...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.Date of analysis: May 13, 2026