Neogen Chemicals Ltd

Neogen Chemicals Q3 FY26: Revenue Up 8-9% YoY, Profits Impacted by Costs 🔋

• Q3 FY26 standalone revenue: ₹215.6 crore, up 8% YoY

• Consolidated revenue: ₹220 crore, up 9% YoY

• Standalone PAT fell 39% to ₹8.8 crore; consolidated PAT dropped 63% to ₹3.7 crore

• Profitability impacted by higher costs from fire incident and interest expenses

• Expansion plans: 32,000 MT electrolytes and 5,500 MT lithium salts capacity by FY27

• New manufacturing site in Pakhajan, Dahej; replacement plant commissioning in Q1 FY27

• Secured long-term supply approval for electrolytes from major Indian customer

• Received provisional approvals for lithium salts from international clients

• Strong demand in non-agrochemical segments like pharmaceuticals and flavors

• Growth opportunities in battery materials due to global non-FEOC requirements

• ESG efforts recognized with EcoVadis Silver Medal for 2025