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JG Chemicals vs Kiri Industries vs Southern Petrochemical: Which Stock Should You Track

JG Chemicals PE 31.94, mkt cap Rs 2,505 crore. Kiri Industries PE 0.59, mkt cap Rs 3,423 crore. Southern Petrochemical Industries Corporation PE 6.08, mkt cap Rs 1,246 crore.


21 Oct 2026 • 9:12 am

JG Chemicals vs Kiri Industries vs Southern Petrochemical: Which Stock Should You Track

Quick Answer

JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation is a side-by-side comparison of three companies from the chemicals space. On this comparison, JG Chemicals carries a market capitalisation of about Rs 2,505 crore, against Rs 3,423 crore for Kiri Industries and Rs 1,246 crore for Southern Petrochemical Industries Corporation, with return on equity of 12.47%, -1.55% and 15.44% respectively. Each company's numbers are presented here without a declared preference, since the right stock depends on an investor's own criteria.

JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation starts with the core numbers most investors compare within the chemicals segment: market capitalisation, valuation multiples, profitability, dividend yield and the latest quarterly results. Figures below are sourced as of October 2026 and will shift with daily price moves.

All three names sit in the chemicals bucket, which makes them a natural set to place side by side rather than a random trio of unrelated businesses. The sections below cover the company profiles, a valuation table, the latest quarter and a five-quarter trend for revenue and net profit.

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JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation: Company Overview

JG Chemicals is a listed Indian company in the chemicals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 2,505 crore, a return on equity of 12.47% and a book value of Rs 134.85 per share. Its quarterly revenue moved from Rs 221.43 crore in June 2025 to Rs 318.38 crore in June 2026, a change of +43.8%.

Kiri Industries is a listed Indian company in the chemicals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 3,423 crore, a return on equity of -1.55% and a book value of Rs 1001.95 per share. Its quarterly revenue moved from Rs 236.89 crore in June 2025 to Rs 598.29 crore in June 2026, a change of +152.6%.

Southern Petrochemical Industries Corporation is a listed Indian company in the chemicals space, tracked here on book value, return ratios and valuation alongside its peers in this comparison. It has a market capitalisation of about Rs 1,246 crore, a return on equity of 15.44% and a book value of Rs 67.28 per share. Its quarterly revenue moved from Rs 798.15 crore in June 2025 to Rs 850.29 crore in June 2026, a change of +6.5%.

JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation: Valuation and Profitability Snapshot

Metric JG Chemicals Kiri Industries Southern Petrochemical Industries Corporation
Market Cap (approx.) Rs 2,505 crore Rs 3,423 crore Rs 1,246 crore
PE Ratio (TTM) 31.94 0.59 6.08
PB Ratio 4.74 0.52 0.91
Return on Equity (ROE) 12.47% -1.55% 15.44%
EPS (TTM, Rs) 20.01 897.30 10.06
Dividend Yield 0.16% 0.00% 3.27%
Debt to Equity 0.01 0.01 0.51
Book Value per Share (Rs) 134.85 1001.95 67.28

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On valuation, JG Chemicals trades at a PE of 31.94 and a PB of 4.74, Kiri Industries at a PE of 0.59 and a PB of 0.52, while Southern Petrochemical Industries Corporation trades at a PE of 6.08 and a PB of 0.91. On return on equity, the three post 12.47%, -1.55% and 15.44% respectively, and on dividend yield they stand at 0.16%, 0.00% and 3.27%. Kiri Industries has the highest market capitalisation of the three at Rs 3,423 crore, while Southern Petrochemical Industries Corporation has the lowest at Rs 1,246 crore. JG Chemicals has the highest PE ratio of the three at 31.94, while Kiri Industries has the lowest at 0.59. Southern Petrochemical Industries Corporation has the highest return on equity of the three at 15.44%, while Kiri Industries has the lowest at -1.55%. Southern Petrochemical Industries Corporation has the highest debt to equity ratio of the three at 0.51, while JG Chemicals has the lowest at 0.01. Debt to equity is 0.01, 0.01 and 0.51 for the three respectively.

JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation: Latest Quarterly Results

Company Latest Quarter Revenue Latest Quarter Net Profit YoY Change (Revenue) QoQ Change (Revenue) YoY Change (Net Profit)
JG Chemicals Rs 318.38 crore Rs 26.12 crore +43.8% +9.2% +59.7%
Kiri Industries Rs 598.29 crore Rs 270.02 crore +152.6% +106.8% NA
Southern Petrochemical Industries Corporation Rs 850.29 crore Rs 60.18 crore +6.5% +42.7% -9.8%

Quarterly figures above are the most recent reported quarter for each company (Q1 FY27, quarter ended June 2026), compared with the year-ago and preceding quarter. A percentage change in net profit is shown as NA where the comparison quarter was a loss or the latest quarter is a loss, since the percentage is not meaningful in that case.

JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation: Five-Quarter Revenue and Net Profit Trend

The five-quarter view below shows how revenue and net profit moved from June 2025 to June 2026 for each company in JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation, which helps separate a one-quarter move from a steadier pattern.

Quarterly revenue (Rs crore)

Quarter JG Chemicals Kiri Industries Southern Petrochemical Industries Corporation
June 2025 Rs 221.43 crore Rs 236.89 crore Rs 798.15 crore
September 2025 Rs 224.18 crore Rs 214.08 crore Rs 842.82 crore
December 2025 Rs 251.64 crore Rs 275.53 crore Rs 778.39 crore
March 2026 Rs 291.53 crore Rs 289.25 crore Rs 595.73 crore
June 2026 Rs 318.38 crore Rs 598.29 crore Rs 850.29 crore

Quarterly net profit (Rs crore)

Quarter JG Chemicals Kiri Industries Southern Petrochemical Industries Corporation
June 2025 Rs 16.36 crore -Rs 51.41 crore Rs 66.71 crore
September 2025 Rs 15.03 crore -Rs 79.47 crore Rs 61.22 crore
December 2025 Rs 18.36 crore Rs 5,011.73 crore Rs 54.07 crore
March 2026 Rs 18.90 crore Rs 498.47 crore Rs 29.49 crore
June 2026 Rs 26.12 crore Rs 270.02 crore Rs 60.18 crore

JG Chemicals reported revenue of Rs 221.43 crore in June 2025 and Rs 318.38 crore in June 2026, a change of +43.8% across the period. Its highest quarterly revenue in this window was Rs 318.38 crore in June 2026. Net profit stood at Rs 26.12 crore in June 2026, which is a net profit margin of 8.20%.

Kiri Industries reported revenue of Rs 236.89 crore in June 2025 and Rs 598.29 crore in June 2026, a change of +152.6% across the period. Its highest quarterly revenue in this window was Rs 598.29 crore in June 2026. Net profit stood at Rs 270.02 crore in June 2026, which is a net profit margin of 45.13%. Kiri Industries reported a net loss in June 2025 and September 2025.

Southern Petrochemical Industries Corporation reported revenue of Rs 798.15 crore in June 2025 and Rs 850.29 crore in June 2026, a change of +6.5% across the period. Its highest quarterly revenue in this window was Rs 850.29 crore in June 2026. Net profit stood at Rs 60.18 crore in June 2026, which is a net profit margin of 7.08%.

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What Should Investors Look at Beyond These Numbers?

Beyond the metrics above, investors comparing these three chemicals names should track quarter-on-quarter revenue and margin trends, management commentary on demand and cost drivers, and factors specific to the segment such as end-user demand, input cost movements, customer concentration and capacity utilisation. A single-quarter snapshot can shift quickly, and smaller companies in particular can show wide swings from one quarter to the next.

It also helps to read the latest quarterly filings and investor presentations of JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation directly, since the figures here come from standardised data and do not capture company-specific context such as one-time items, order timing or promoter actions.

Conclusion

JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation highlights how differently three companies in the same chemicals segment can look across valuation, profitability and dividend metrics, even when operating in a similar space. This comparison does not declare a winner; investors should weigh these figures against their own research and risk appetite. Please read the disclaimer below before making any investment decision.

Disclaimer: Data and figures in this article are sourced from publicly available information as of October 2026 and may not reflect real-time prices. Please verify all data independently before making any investment decision. This comparison does not recommend or endorse any single stock over another; investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).

FAQs on JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation

What is the market cap difference between JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation?

Ans. As of October 2026, JG Chemicals has a market cap of approximately Rs 2,505 crore, Kiri Industries is at approximately Rs 3,423 crore, and Southern Petrochemical Industries Corporation is at approximately Rs 1,246 crore. Kiri Industries is the largest of the three, and its market capitalisation is about 2.7 times that of Southern Petrochemical Industries Corporation, the smallest. Market capitalisation reflects the size of a company in the market rather than the quality of its business, so a larger value does not by itself signal a higher quality company. These figures move with the share price every trading day, which is why the table above should be read as a snapshot rather than a fixed ranking in the JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation comparison.

What are the PE and PB ratios of JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation?

Ans. As of October 2026, the PE ratios stand at 31.94, 0.59 and 6.08 respectively, and the price to book ratios stand at 4.74, 0.52 and 0.91 respectively. All three companies have a positive trailing PE, so the multiples can be compared directly. The PE ratio shows how much investors pay for each rupee of trailing earnings, while the PB ratio compares the market value with the net assets on the balance sheet. Both multiples should be read against the segment norms for chemicals and against each company's own growth and earnings stability, because a high multiple can reflect expected growth or simply a small earnings base.

Which of the three has the highest ROE?

Ans. JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation post ROE of 12.47%, -1.55% and 15.44% respectively as of October 2026. Southern Petrochemical Industries Corporation has the highest return on equity of the three at 15.44%, while Kiri Industries has the lowest at -1.55%. Return on equity measures how much profit a company generates on the capital contributed by its shareholders, so it is a useful gauge of how efficiently equity is being used. A negative ROE points to losses over the period, and a very high ROE can sometimes result from a small equity base rather than operating performance. It is therefore worth reading ROE together with debt levels and the five-quarter profit trend before drawing any conclusion from the JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation figures.

Which of these three stocks pays the highest dividend yield?

Ans. JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation carry dividend yields of 0.16%, 0.00% and 3.27% respectively as of October 2026. Dividend yield is the annual dividend per share expressed as a percentage of the current share price, so it changes whenever the price changes. A low or zero yield is common among companies that retain profits to fund expansion, repay debt or absorb losses, and it does not by itself say anything about business quality. Investors who care about income should also check how consistently each company has paid dividends and what share of profit it distributes.

What is the debt to equity ratio for JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation?

Ans. JG Chemicals carries a debt to equity of 0.01, Kiri Industries of 0.01, and Southern Petrochemical Industries Corporation of 0.51. Southern Petrochemical Industries Corporation has the highest debt to equity ratio of the three at 0.51, while JG Chemicals has the lowest at 0.01. The debt to equity ratio compares total borrowings with shareholders' funds, and a higher figure means the company relies more on borrowed money to run its business. What counts as a comfortable level differs by segment, since some businesses in chemicals need heavy capital and carry more debt than others. Investors usually read this ratio alongside interest costs and cash generation to judge how well each company can service its borrowings in the JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation comparison.

What were the latest quarterly revenue and net profit of JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation?

Ans. For Q1 FY27 (quarter ended June 2026), JG Chemicals reported revenue of Rs 318.38 crore and net profit of Rs 26.12 crore, Kiri Industries reported revenue of Rs 598.29 crore and net profit of Rs 270.02 crore, and Southern Petrochemical Industries Corporation reported revenue of Rs 850.29 crore and net profit of Rs 60.18 crore. Compared with the quarter ended June 2025, revenue changed by +43.8% for JG Chemicals, +152.6% for Kiri Industries and +6.5% for Southern Petrochemical Industries Corporation. A single quarter can be affected by seasonality, one-time items and the timing of orders, so the five-quarter tables above give a clearer sense of direction than any one result. A net loss in a quarter does not always mean a troubled business, but it does call for a closer look at costs, debt and the reasons behind the swing in the JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation results.

Does this comparison recommend one of JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation?

Ans. This comparison does not declare one stock ahead of another; each company scores differently across valuation, profitability and dividend metrics, and the right fit depends on an individual investor's own criteria and research. Instead of a verdict, the tables above lay out the figures so that readers can weigh them against their own goals, time horizon and tolerance for risk. For companies in chemicals, it also helps to look at factors such as end-user demand, input cost movements, customer concentration and capacity utilisation. Reading the latest filings and investor presentations of JG Chemicals, Kiri Industries and Southern Petrochemical Industries Corporation directly, and speaking to a SEBI registered adviser where needed, is a sensible step before acting on any numbers shown in JG Chemicals vs Kiri Industries vs Southern Petrochemical Industries Corporation.

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