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Jiya Eco-Products Overview

1. Business Overview

Jiya Eco-Products Ltd. is an Indian company engaged in the manufacturing and trading of various industrial chemicals and chemical products. Its core business model involves the production, processing, and supply of organic and inorganic chemicals used as raw materials or intermediaries across different industries. The company generates revenue through the sale of these chemical products primarily to business-to-business (B2B) clients in industrial sectors.

2. Key Segments / Revenue Mix

The company operates predominantly within a single broad segment of 'Chemicals and Chemical Products'. Specific breakdowns of revenue contribution by particular chemical types (e.g., solvents, specialty chemicals, intermediates) are not commonly disclosed for companies of this size but would constitute the underlying revenue streams within this segment.

3. Industry & Positioning

Jiya Eco-Products operates within India's extensive petrochemicals and broader chemical industry. This industry is characterized by significant capital expenditure, susceptibility to raw material price fluctuations (often linked to crude oil), and a diverse landscape of players ranging from large integrated complexes to smaller, specialized manufacturers. Jiya Eco-Products is a relatively small player in this competitive environment, positioning itself likely within niche product areas or catering to specific regional industrial demands, acting as a supplier within the larger chemical value chain.

4. Competitive Advantage (Moat)

For a company of its size operating in a competitive industry, Jiya Eco-Products is unlikely to possess strong, wide-moat advantages like dominant brand equity, significant economies of scale, or proprietary network effects that larger conglomerates enjoy. Any potential competitive advantages might stem from:

Niche Product Focus: Specialization in certain chemicals or efficient production processes for specific product lines.

Customer Relationships: Established, long-term relationships with industrial clients built on reliability and service.

Cost Efficiency: Optimized operations or localized sourcing for particular chemical manufacturing processes.

These advantages tend to be narrower and more challenging to sustain against larger, more diversified competitors.

5. Growth Drivers

Industrial Expansion in India: Sustained economic growth and expansion across downstream manufacturing sectors (e.g., plastics, textiles, agrochemicals, pharmaceuticals, construction, automotive) will drive demand for industrial chemicals.

Import Substitution: Government focus on domestic manufacturing ("Make in India") could encourage local procurement of chemicals, benefiting domestic producers.

Product Portfolio Diversification: Introduction of new, higher-value specialty chemicals or expanding into new chemical derivatives could unlock new revenue streams and improve margins.

Market Penetration: Expanding sales reach into new geographical areas within India or acquiring new industrial customers.

6. Risks

Raw Material Price Volatility: The profitability is highly sensitive to fluctuations in the prices of key raw materials, many of which are crude oil derivatives.

Intense Competition: The Indian chemical industry is highly competitive with numerous domestic and international players, leading to pricing pressures and margin erosion.

Regulatory & Environmental Compliance: Strict and evolving environmental regulations, safety standards, and other governmental policies can increase operational costs and require significant investments.

Economic Downturns: Industrial demand for chemicals is cyclical; a broader economic slowdown in India or globally could negatively impact sales and profitability.

Technological Obsolescence: Rapid advancements in chemical production technologies or the development of alternative materials could render existing processes or products less competitive.

7. Management & Ownership

Jiya Eco-Products Ltd., typical of many Indian small and mid-cap companies, is primarily promoter-driven. A substantial portion of the company's shares is held by the founding family or promoter group, often in the range of 70-75%. The management team generally includes members from the promoter group alongside professional executives. The quality of management would be assessed by their strategic vision, track record in navigating industry cycles, and adherence to corporate governance standards.

8. Outlook

Jiya Eco-Products operates in a sector that is a foundational pillar for India's ongoing industrialization. The long-term demand for chemicals in India is projected to grow, driven by robust expansion in various end-user industries and government support for domestic manufacturing. However, the company faces considerable challenges inherent to the petrochemicals and chemicals sector, including the volatile nature of raw material prices, intense competition from larger players, and the need for continuous investment in technology and compliance. For sustainable growth, the company's ability to identify and capitalize on niche opportunities, maintain efficient operations, and foster strong customer relationships will be critical in a dynamic and capital-intensive industry.

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Jiya Eco-Products Key Financials

Market Cap ₹11 Cr.

Stock P/E -10.1

P/B 0.1

Current Price ₹3.5

Book Value ₹ 24.8

Face Value 10

52W High ₹0

Dividend Yield 5.71%

52W Low ₹ 0

Jiya Eco-Products Share Price

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Volume
Price

Jiya Eco-Products Quarterly Price

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Jiya Eco-Products Peer Comparison

Jiya Eco-Products Quarterly Results

#(Fig in Cr.) Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
Net Sales 0 0 0 0 0 0 0 0 0 0
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 0 0 0 0 0 0 0 0 0 0
Total Expenditure 0 0 0 0 0 0 0 0 0 0
Operating Profit -0 -0 -0 -0 -0 -0 -0 -0 -0 0
Interest 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 1 0 0 0 1 0 0
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 -0 -0 -1 -0 -0 -0 -1 -0 0
Provision for Tax 0 0 0 0 0 0 0 0 0 0
Profit After Tax -0 -0 -0 -1 -0 -0 -0 -1 -0 0
Adjustments 0 0 0 -0 0 -0 0 -0 0 0
Profit After Adjustments -0 -0 -0 -1 -0 -0 -0 -1 -0 0
Adjusted Earnings Per Share -0 -0 -0 -0.3 -0 -0 -0.1 -0.3 -0 0

Jiya Eco-Products Profit & Loss

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 93 213 84 -103 -16 0 0 0 0
Other Income 1 0 0 0 0 0 0 0 0
Total Income 93 213 84 -103 -16 0 0 0 0
Total Expenditure 77 180 76 -75 42 0 0 0 0
Operating Profit 16 33 8 -28 -58 0 -0 -0 0
Interest 3 4 3 2 3 1 0 0 0
Depreciation 2 2 2 1 1 1 1 1 1
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0
Profit Before Tax 12 27 3 -32 -62 -2 -1 -1 -1
Provision for Tax 3 9 3 0 -0 0 0 0 0
Profit After Tax 9 18 -1 -32 -61 -2 -1 -1 -1
Adjustments 0 0 -0 0 0 0 0 0 0
Profit After Adjustments 9 18 -1 -32 -61 -2 -1 -1 -1
Adjusted Earnings Per Share 4 6.1 -0.2 -10.7 -20.4 -0.7 -0.4 -0.3 -0.4

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% -100% 0%
Operating Profit CAGR 0% 0% -100% 0%
PAT CAGR 0% 0% 0% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 0% -19% -7% -15%
ROE Average 0% 0% -119% -67%
ROCE Average -37% -23% -54% -25%

Jiya Eco-Products Balance Sheet

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 44 75 74 42 -19 -21 -23 -24
Minority's Interest 0 0 0 0 0 0 0 0
Borrowings 4 11 2 2 2 2 2 2
Other Non-Current Liabilities 1 1 1 25 20 20 21 25
Total Current Liabilities 33 56 104 21 25 26 26 22
Total Liabilities 81 143 180 90 27 26 26 25
Fixed Assets 13 14 12 12 9 7 7 6
Other Non-Current Assets 2 7 86 50 19 19 19 19
Total Current Assets 66 123 82 29 0 0 1 0
Total Assets 81 143 180 90 27 26 26 25

Jiya Eco-Products Cash Flow

#(Fig in Cr.) Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 1 0 0 0 0 0 1
Cash Flow from Operating Activities -13 -10 7 -1 -3 0 1 3
Cash Flow from Investing Activities -1 -4 -1 -1 2 0 0 0
Cash Flow from Financing Activities 15 14 -6 3 1 -0 0 -4
Net Cash Inflow / Outflow 0 -1 -0 0 -0 0 1 -1
Closing Cash & Cash Equivalent 1 0 0 0 0 0 1 0

Jiya Eco-Products Ratios

# Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 3.98 6.07 -0.2 -10.66 -20.39 -0.73 -0.38 -0.35
CEPS(Rs) 4.86 6.64 0.32 -10.17 -19.98 -0.39 -0.1 -0.11
DPS(Rs) 0 0.2 0 0 0 0 0 0
Book NAV/Share(Rs) 15.53 24.79 24.64 13.98 -6.41 -7.13 -7.52 -7.86
Core EBITDA Margin(%) 16.56 15.36 4.72 -69.97 -4033.58 0 0 0
EBIT Margin(%) 15.46 14.61 3.83 -73.55 -4119.62 0 0 0
Pre Tax Margin(%) 12.55 12.67 1.77 -78.81 -4307.32 0 0 0
PAT Margin (%) 9.23 8.56 -0.38 -78.89 -4278.05 0 0 0
Cash Profit Margin (%) 11.25 9.37 0.6 -75.3 -4192.01 0 0 0
ROA(%) 10.5 16.25 -0.37 -23.66 -104.17 -8.15 -4.38 -4.08
ROE(%) 25.65 33.87 -0.81 -55.18 -538.25 0 0 0
ROCE(%) 22.76 38.75 6.29 -37.08 -162.04 -14.06 -19.1 -36.63
Receivable days 215.71 139.81 215.67 0 0 0 0 0
Inventory Days 22.09 14.55 15.15 135.94 0 0 0 0
Payable days 81.45 50.85 285.11 0 0 0 0 0
PER(x) 13.67 8.89 0 0 0 0 0 0
Price/Book(x) 3.51 2.18 0.28 0.33 0 0 0 0
Dividend Yield(%) 0 0.37 0 0 0 0 0 0
EV/Net Sales(x) 1.46 0.87 0.51 -0.36 -3.63 0 0 0
EV/Core EBITDA(x) 8.34 5.62 5.58 -1.3 -0.98 0 -187.15 -164.04
Net Sales Growth(%) 0 130.35 -60.82 -223.51 -84.81 -100 0 0
EBIT Growth(%) 0 117.77 -80.44 -590.21 -97.64 98.32 -15.63 9.41
PAT Growth(%) 0 113.86 -103.3 -5211.41 -91.35 96.44 47.35 9.4
EPS Growth(%) 0 52.42 -103.32 -5178.26 -91.35 96.44 47.35 9.4
Debt/Equity(x) 0.57 0.3 0.29 0.55 -1.4 -1.3 -1.24 -1.01
Current Ratio(x) 2.03 2.18 0.79 1.35 0.01 0 0.04 0.01
Quick Ratio(x) 1.86 1.97 0.78 0.01 0.01 0 0.04 0.01
Interest Cover(x) 5.32 7.53 1.86 -13.98 -21.95 -0.84 0 0
Total Debt/Mcap(x) 0.16 0.14 1.04 1.67 0 0 0 0

Jiya Eco-Products Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 37.02 37.02 37.02 37.01 37.01 37.01 37.02 37.02 95 95
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 62.98 62.98 62.98 62.99 62.99 62.99 62.98 62.98 5 5
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Jiya Eco-Products News

Jiya Eco-Products Pros & Cons

Pros

  • Stock is trading at 0.1 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 0% over the last 3 years.
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