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Neogen Chemicals
Neogen Chemicals (NEOGEN) investor relations material
Neogen Chemicals Q3 25/26 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 25/26 earnings summary12 Feb, 2026
Executive summary
Q3 FY26 marked steady revenue growth and strategic recovery, with robust demand in pharma, flavors, fragrance, and specialty applications despite operational challenges from the Dahej fire.
Battery chemicals segment entered a transformative phase, with a strategic Indo-Japan JV for LiPF6 salt production and capacity expansions positioning the company for future growth.
Approved unaudited standalone and consolidated financial results for Q3 and 9M FY26, with statutory auditor review and audit committee recommendation.
In-principle approval granted for raising up to INR 150 crore via preferential equity issue, primarily to the promoter group, subject to regulatory approvals.
Granted 50,200 stock options to 55 eligible employees under the ESOP Scheme 2024.
Financial highlights
Consolidated Q3 FY26 revenue rose 9% year-over-year to INR 220 crore; 9M FY26 revenue up 7% to INR 615 crore.
Q3 FY26 consolidated EBITDA at INR 31.9 crore, with margin contraction to 14.5%; PAT for the quarter was INR 3.69 crore, impacted by higher costs and interest expenses.
Standalone Q3 FY26 revenue was INR 215.6 crore; PAT was INR 8.77 crore.
Organic segment revenue was INR 187 crore (86% YoY growth); inorganic segment at INR 33 crore (35% YoY growth).
Neogen Ionics contributed INR 12 crore to revenue as battery chemicals vertical scales up.
Outlook and guidance
Guidance for INR 400-500 crore battery chemical revenue in FY27 remains unchanged, with major contributions expected from Dahej and Pakhajan sites.
Dahej plant commissioning is on track for Q1 FY27; Pakhajan greenfield project to start commercial production in H1 FY27 (electrolyte) and H2 FY27 (salts).
Full customer qualification for Dahej expected by June, with sales ramping up from Q2 FY27.
Board approved fund-raising to support growth and expansion.
Double-digit revenue growth expected in base business for FY27 and FY28 as Dahej resumes full operations.
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Next Neogen Chemicals earnings date
Q4 25/2630 Apr, 2026
Neogen Chemicals
Next Neogen Chemicals earnings date
Q4 25/2630 Apr, 2026
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Frequently asked questions
Neogen Chemicals Limited is an Indian company engaged in the production of specialty chemicals. It manufactures bromine-based compounds, lithium salts, and Grignard reagents used in pharmaceuticals, agrochemicals, engineering, and electronics. The company supports both domestic and international markets through custom synthesis and contract manufacturing. It is headquartered in Mumbai, India, and its shares are listed on the NSE.
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