Neogen Chemicals Limited

Neogen Chemicals Limited

NEOGENNSE / BSEMaterialsSmall Cap

₹2,179.35-₹84.30 (-3.7%)

Last close · Data as of Oct 30, 2026

Market cap
₹3,443 Cr
P/E
69.7x
EV / EBITDA
29.5x
Revenue
₹774 Cr
Net margin
5.8%
ROCE
9.9%

+48.5% over the last year

Neogen Chemicals Limited price, 1Y

Daily closes.

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Performance

Price change over each period, before dividends.

1M
-11.0%
3M
+9.5%
6M
+33.5%
1Y
+48.5%
5Y
+73.1%

52-week range

Day change -₹84.30 (-3.7%) from ₹2,264 to ₹2,179 · Last close Oct 30, 2026

Best weekday to invest, historically

The same weekly amount in NEOGEN, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year revenue CAGR of 18.0%

Concerns1

  • Low return on equity of 5.4%

Rule-based from financial data. Not advice.

About the company

Neogen Chemicals Limited engages in the manufacture and sale of specialty chemicals in India.

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Neogen Chemicals Limited engages in the manufacture and sale of specialty chemicals in India. It offers organo bromine compounds, such as alkyl bromide compounds, dibromoalkane compounds, bromo chloro alkanes, bromine derivatives of organoacids, bromoacid ester compounds, aromatic bromine derivatives, cyclic bromine derivatives, and speciality bromo fluro derivatives; speciality chloro compounds comprising unsaturated bromine derivatives, bromo hydroxy derivatives, and other compounds; and organo lithium compounds, including n-butyl lithium, lithium hexamethyldisilazide, lithium tetrahydride borate, lithium diisopropylamide, lithium tri-(t-butoxy) aluminium hydride, hexyl lithium, methyl lithium, and phenyl lithium. The company also provides inorganic chemicals comprising inorganic bromine compounds and lithium salts; grignard reagents; advance intermediates; and chemistries, such as alkylation, amination, oxidation, dehalogenation, silylation, anhydrous HF and HBr reactions, suzuki coupling, hydrogenation, and biocatalysis. It serves pharmaceuticals, agrochemicals, engineering, electronics, polymers, water treatment, construction, aroma chemicals, flavors and fragrances, specialty polymers, vapor absorption chillers, emerging battery material applications, and other industries. The company also exports its products to 33 countries. Neogen Chemicals Limited was incorporated in 1989 and is based in Thane, India.

Sector
Materials
Shares outstanding
2.6 Cr shares
ISIN
INE136S01016
BSE code
542665

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹3,443 Cr
P/E
69.7x
P/B
4.1x
EV / EBITDA
29.5x
EV / Sales
5.2x
P/S
4.9x
Earnings yield
1.4%
52-week high
₹2,697.45
52-week low
₹980.00

Profitability

Operating margin
16.5%
Net margin
5.8%
EBITDA margin
17.7%
ROE
5.4%
ROCE
9.9%
ROA
2.9%
Dividend payout
13.0%
Tax rate
31.0%
Other income, % of PBT
13.6%

Growth

Revenue
₹774 Cr
Revenue growth, 1Y
10.4%
Revenue CAGR, 5Y
18.0%
EBITDA
₹124 Cr
EBITDA growth, 1Y
6.0%
Net profit growth, 1Y
17.1%
Net profit CAGR, 5Y
7.2%
Cash from operations
-₹134 Cr
CFO growth, 1Y
346.7%
Free cash flow
-₹2.00 Cr
Asset growth, 1Y
33.3%

Solvency and efficiency

Current ratio
4.30
Debt / Equity
0.53
Debt / Assets
0.29
Debt / EBITDA
3.30
Interest coverage
2.76
Financial leverage
1.83
CFO / Net profit
-3.27
Cash / Market cap
28.6%
Cash per share
₹371.73
Asset turnover
0.50
Fixed asset turnover
1.94
Capital intensity
0.51
Debtor days
147 days
Inventory turnover
1.03
Cash conversion cycle
366 days

Where the revenue went

FY2025 ended in a loss, so the lines are listed rather than drawn as a flow.

LineFY2025
Sales₹774 Cr
Expenses₹627 Cr
Operating profit₹147 Cr
Other income-₹4 Cr
Interest₹51 Cr
Depreciation₹26 Cr
Profit before tax₹66 Cr
Tax and other₹18 Cr
Net profit₹48 Cr

Revenue and net profit

Revenue grew 10.4% in FY2025; net profit is the dashed line.

Neogen Chemicals Limited revenue and net profit by fiscal year
Neogen Chemicals Limited revenue and net profit by fiscal year
DateRevenueNet profit
FY2021₹336 Cr₹31 Cr
FY2022₹487 Cr₹45 Cr
FY2023₹686 Cr₹50 Cr
FY2024₹701 Cr₹41 Cr
FY2025₹774 Cr₹48 Cr

Cash flows

FY2025: ₹199 Cr from operations, ₹11.0 Cr free after investment (dashed).

Neogen Chemicals Limited operating and free cash flow by fiscal year
Neogen Chemicals Limited operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2021₹83 Cr-₹51 Cr
FY2022₹1 Cr-₹145 Cr
FY2023-₹30 Cr-₹124 Cr
FY2024-₹134 Cr-₹263 Cr
FY2025₹199 Cr₹11 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹774 Cr+10.4%1Y
Net profit
₹48 Cr+17.1%1Y
Cash from operations
₹199 Cr
Free cash flow
₹11 Cr
Revenue CAGR, 5Y
18.0%
EBITDA CAGR, 5Y
16.4%
Net profit CAGR, 5Y
7.2%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹774 Cr₹147 Cr—₹48 Cr₹199 Cr₹11 Cr5.9%+10.4%+17.1%

Monthly returns

Month-by-month returns of NEOGEN across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹1,621 Cr
Equity capital₹26 Cr
Reserves₹782 Cr
Borrowings₹474 Cr
Other liabilities₹338 Cr
Assets₹1,621 Cr
Fixed assets₹228 Cr
Capital work in progress₹28 Cr
Investments₹193 Cr
Other assets₹1,173 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

  1. Foseco India Ltd₹3,548 Cr
  2. Neogen Chemicals Limited (this company)₹3,443 Cr

P/E against peers

NEOGEN trades at 69.7x earnings against a peer median of 35.5x (a 97% premium).

Not shown (no positive earnings and no EV / Sales): BN AGROCHEM LIMITED.

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
Neogen Chemicals LimitedNEOGENthis companyP/E ↑ premium₹3,443 Cr69.7x4.1x5.4%29.5x
Foseco India LtdFOSECOIND₹3,548 Cr43.0x8.1x——
Gujarat Alkalis & Chemicals Ltd.GUJALKALI₹3,537 Cr65.5x0.6x-2.1%17.0x
Vishnu Chemicals LimitedVISHNU₹3,484 Cr46.8x4.2x14.9%20.6x
ORIENT CEMENT LIMITEDORIENTCEM₹3,400 Cr11.1x1.6x10.0%7.4x
BN AGROCHEM LIMITEDBNAGROCHEM₹3,398 Cr—10.6x-4.2%-1133.0x
Styrenix Performance Materials LimitedSTYRENIX₹3,375 Cr16.3x3.8x——
Grauer & Weil (India) Ltd.GRAUWEIL₹3,354 Cr22.2x3.4x17.9%14.7x
Refex Industries LimitedREFEX₹3,314 Cr16.4x2.3x21.4%20.2x
Peer median—35.5x3.7x12.9%19.2x

Year-to-date ROI

NEOGEN since 1 January, against earlier years.

Historical volatility

NEOGEN's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

Neogen Chemicals Limited operating margin by fiscal year
Neogen Chemicals Limited operating margin by fiscal year
DateOperating margin
FY202119.0%
FY202218.0%
FY202316.0%
FY202417.0%
FY202519.0%
LineFY2025
RevenueSales₹774 Cr
Costs
Interest₹51 Cr
Expenses₹627 Cr
Profit before tax₹66 Cr

Learn while you research

Academy chapters picked for Neogen Chemicals Limited and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 69.7, learn when high multiples are justified.6 min read
  4. 04 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  5. 05 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
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