
About Neogen Chemicals Limited
Data last updated:
Neogen Chemicals Limited is a public limited company based in Thane, Maharashtra, India. It operates in the specialty chemicals segment of the chemicals and materials sector. It was incorporated on 07 March 1989 and has been in existence for over 37 years.
The company is registered with the Registrar of Companies (ROC), Mumbai, under CIN L24200MH1989PLC050919. Its GSTIN is 27AAACN5836E1ZJ (Maharashtra). The company holds 4 GST registrations, of which 3 are active. It is a listed company as per MCA records. Its shares are listed on BSE: 542665 and NSE: NEOGEN.
The company has an authorised share capital of ₹100.03 Cr and a paid-up capital of ₹30.04 Cr. It was formerly known as Neogen Chemicals Private Limited. It is led by directors including Harin Haridas Kanani (Managing Director) and Shyamsunder Radheshyam Upadhyay (Whole-Time Director).
Its last annual general meeting (AGM) was held on 21 August 2026, and its latest financial statements are for the year ended 31 March 2026. The registered office is at Office No 1002 10th Floor Dev Corpora Bldg Opp. Cadbury Co Pokhran Raod No.2 Khopat, Thane, Maharashtra, India – 400601.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹861.96 Cr, a growth of 10.9% compared to the previous year. For the same year it recorded a net profit of ₹28.75 Cr (net margin 3.3%) and EBITDA of ₹137.29 Cr (EBITDA margin 15.9%). The net worth stands at ₹816.25 Cr (up 3.4% YoY). Total assets are valued at ₹2,229.19 Cr (up 59.3% YoY).
The company has about 601 employees on its provident fund (EPFO) records. Its group structure includes 1 subsidiary.
The company is associated with 1 brand: Neogen Chemicals. As per MCA filings, the company has open charges of ₹1,836.69 Cr and satisfied charges of ₹626.4 Cr on record. Court records list 35 cases involving the company, including 16 filed by the company and 19 filed against it. The company has 36 deals on record (14 market trades, 12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹599.98 Cr; the latest was in June 2026. Its 7 peer companies in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products) are compared by revenue, 3 larger and 4 smaller; the largest is Sudarshan Colorants India Limited with revenue of ₹843.83 Cr. The company has 13 MSME Form 1 returns on record between 2019 and 2023, listing 643 overdue payments to 124 micro and small suppliers.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website neogenchem.com.
Company details
CIN history
Neogen Chemicals has one previous CIN (Corporate Identification Number): U24200MH1989PLC050919. The current CIN is L24200MH1989PLC050919, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L24200MH1989PLC050919 | Current |
| U24200MH1989PLC050919 | Previous |
Contact details
Neogen Chemicals Limited's registered office is in Thane, Maharashtra. Its website is neogenchem.com. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Website
- Social Media
- Registered AddressOffice No 1002 10th Floor Dev Corpora Bldg Opp. Cadbury Co Pokhran Raod No.2 Khopat, Thane, Maharashtra, India – 400601
- IndustryChemicals and Materials, Specialty Chemicals
To see the full contact details of Neogen Chemicals Limited, buy the company report.
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
Brands
Neogen Chemicals operates one associated brand: Neogen Chemicals. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Specialty chemicals are manufactured for diverse applications worldwide. | neogenchem.com |
Business activity
The main business activity of Neogen Chemicals is manufacturing. In detail, this covers chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| C | Manufacturing | C6 | Chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products |
To see the full business activity and turnover split of Neogen Chemicals Limited, buy the company report.
Financials of Neogen Chemicals Limited
FY 2025-26 filings availableNeogen Chemicals Limited reported revenue of ₹861.96 Cr (up 10.9% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 862 | 778 | 691 | 686 | 487 | 336 | 306 |
| Revenue growth | +10.9% | +12.6% | +0.7% | +40.8% | +44.8% | +9.9% | - |
| EBITDA | 137 | 122 | 110 | 112 | 86.59 | 64.36 | 58.06 |
| EBITDA margin | +15.9% | +15.7% | +15.9% | +16.3% | +17.8% | +19.1% | +19.0% |
| Profit before tax | 41.08 | 50.16 | 52.77 | 71.03 | 57.07 | 44.21 | 41.10 |
| Net profit | 28.75 | 43.32 | 35.65 | 49.97 | 44.63 | 31.33 | 28.65 |
| Net profit margin | +3.3% | +5.6% | +5.2% | +7.3% | +9.2% | +9.3% | +9.4% |
| EPS (₹) | 10.90 | 13.20 | 13.51 | 20.04 | 17.89 | 13.43 | 12.28 |
| Balance sheet | |||||||
| Total assets | 2,229 | 1,399 | 1,182 | 860 | 676 | 410 | 306 |
| Net worth | 816 | 789 | 760 | 483 | 439 | 183 | 156 |
| Total debt | 1,395 | 597 | 409 | 370 | 229 | 222 | 137 |
| Cash & bank | 4.95 | 4.96 | 12.49 | 20.70 | 45.22 | 1.21 | 1.48 |
| Net working capital | 732 | 669 | 528 | 405 | 299 | 166 | 188 |
| Cash flow | |||||||
| Cash from operations | (231) | 196 | (29.15) | (30.35) | 1.41 | 83.57 | (34.55) |
| Cash from investing | (410) | (317) | (216) | (94.46) | (146) | (135) | (28.63) |
| Cash from financing | 642 | 113 | 237 | 100 | 188 | 50.73 | 62.64 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 250 | 247 | 220 | 209 | 187 | 203 | 201 | 193 |
| Revenue growth (YoY) | +34.0% | +21.6% | +9.2% | +7.9% | +3.8% | - | - | - |
| Other income | 4.06 | 1.01 | 2.20 | 1.98 | 1.23 | 0.64 | 1.14 | 0.84 |
| EBITDA | 48.23 | 43.91 | 31.90 | 29.96 | 31.51 | 22.30 | 34.64 | 34.51 |
| EBITDA margin | +19.3% | +17.8% | +14.5% | +14.4% | +16.9% | +11.0% | +17.2% | +17.8% |
| Depreciation | 8.20 | 7.60 | 6.83 | 7.31 | 5.78 | 6.76 | 7.10 | 7.12 |
| Interest | 20.81 | 21.47 | 21.51 | 19.48 | 12.67 | 12.50 | 13.43 | 12.75 |
| Profit before tax | 23.28 | 15.85 | 5.76 | 5.15 | 14.29 | 3.68 | 15.25 | 15.48 |
| Tax | 6.17 | 4.46 | 2.07 | 1.78 | 4.03 | 1.27 | 5.24 | 4.52 |
| Net profit | 17.11 | 11.39 | 3.69 | 3.37 | 10.26 | 2.41 | 10.01 | 10.96 |
| EPS (₹) | 6.29 | 4.32 | 1.40 | 1.28 | 3.89 | 0.91 | 3.80 | 4.15 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 855 | 774 | 701 | 686 | 487 | 336 | 306 |
| Revenue growth | +10.6% | +10.3% | +2.2% | +40.8% | +44.8% | +9.9% | - |
| EBITDA | 151 | 134 | 116 | 112 | 86.59 | 64.36 | 58.06 |
| EBITDA margin | +17.7% | +17.3% | +16.6% | +16.3% | +17.8% | +19.1% | +19.0% |
| Profit before tax | 63.13 | 66.36 | 59.46 | 71.11 | 57.16 | 44.32 | 41.22 |
| Net profit | 45.83 | 57.93 | 41.13 | 50.05 | 44.72 | 31.44 | 28.77 |
| Net profit margin | +5.4% | +7.5% | +5.9% | +7.3% | +9.2% | +9.4% | +9.4% |
| EPS (₹) | 17.80 | 18.35 | 15.59 | 20.07 | 17.93 | 13.48 | 12.33 |
| Balance sheet | |||||||
| Total assets | 1,603 | 1,296 | 1,188 | 861 | 676 | 410 | 307 |
| Net worth | 854 | 809 | 766 | 483 | 439 | 183 | 157 |
| Total debt | 736 | 474 | 409 | 370 | 229 | 222 | 137 |
| Cash & bank | 3.05 | 0.48 | 2.30 | 20.70 | 45.22 | 1.21 | 1.48 |
| Net working capital | 719 | 762 | 639 | 406 | 299 | 167 | 189 |
| Cash flow | |||||||
| Cash from operations | (99.20) | 199 | (134) | (30.35) | 1.20 | 83.29 | (34.12) |
| Cash from investing | (35.16) | (188) | (129) | (94.46) | (146) | (134) | (28.88) |
| Cash from financing | 137 | (12.14) | 226 | 100 | 188 | 50.73 | 62.46 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 252 | 249 | 216 | 207 | 185 | 204 | 200 | 193 |
| Revenue growth (YoY) | +36.7% | +22.0% | +7.6% | +7.0% | +4.7% | - | - | - |
| Other income | 7.90 | 3.87 | 4.26 | 4.37 | 3.31 | 2.65 | 2.05 | 2.24 |
| Total expenses | 204 | 203 | 179 | 172 | 150 | 176 | 163 | 157 |
| EBITDA | 48.16 | 45.38 | 36.26 | 34.95 | 34.68 | 27.61 | 37.65 | 36.49 |
| EBITDA margin | +19.1% | +18.3% | +16.8% | +16.9% | +18.8% | +13.6% | +18.8% | +18.9% |
| Depreciation | 6.83 | 6.38 | 5.87 | 6.39 | 4.88 | 6.01 | 6.58 | 6.61 |
| Interest | 23.10 | 22.95 | 22.85 | 20.60 | 14.03 | 16.50 | 13.07 | 12.30 |
| Profit before tax | 26.13 | 19.92 | 11.80 | 12.33 | 19.08 | 7.75 | 20.05 | 19.82 |
| Tax | 6.69 | 5.26 | 3.03 | 3.02 | 4.85 | 2.56 | 5.64 | 4.96 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 250 | 247 | 220 | 209 | 187 | 203 | 201 | 193 |
| Revenue growth (YoY) | +34.0% | +21.6% | +9.2% | +7.9% | +3.8% | - | - | - |
| Other income | 4.06 | 1.01 | 2.20 | 1.98 | 1.23 | 0.64 | 1.14 | 0.84 |
| EBITDA | 48.23 | 43.91 | 31.90 | 29.96 | 31.51 | 22.30 | 34.64 | 34.51 |
| EBITDA margin | +19.3% | +17.8% | +14.5% | +14.4% | +16.9% | +11.0% | +17.2% | +17.8% |
| Depreciation | 8.20 | 7.60 | 6.83 | 7.31 | 5.78 | 6.76 | 7.10 | 7.12 |
| Interest | 20.81 | 21.47 | 21.51 | 19.48 | 12.67 | 12.50 | 13.43 | 12.75 |
| Profit before tax | 23.28 | 15.85 | 5.76 | 5.15 | 14.29 | 3.68 | 15.25 | 15.48 |
| Tax | 6.17 | 4.46 | 2.07 | 1.78 | 4.03 | 1.27 | 5.24 | 4.52 |
| Net profit | 17.11 | 11.39 | 3.69 | 3.37 | 10.26 | 2.41 | 10.01 | 10.96 |
| EPS (₹) | 6.29 | 4.32 | 1.40 | 1.28 | 3.89 | 0.91 | 3.80 | 4.15 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 862 | 778 | 691 | 686 | 487 | 336 | 306 |
| Revenue growth | +10.9% | +12.6% | +0.7% | +40.8% | +44.8% | +9.9% | - |
| Other income | 6.42 | 4.21 | 7.65 | 4.55 | 1.25 | 0.52 | 0.21 |
| Total expenses | 725 | 655 | 581 | 575 | 401 | 272 | 248 |
| Employee cost | 124 | 75.49 | 62.00 | 46.82 | 31.50 | 20.07 | 17.25 |
| EBITDA | 137 | 122 | 110 | 112 | 86.59 | 64.36 | 58.06 |
| EBITDA margin | +15.9% | +15.7% | +15.9% | +16.3% | +17.8% | +19.1% | +19.0% |
| Depreciation | 27.52 | 27.79 | 22.87 | 16.20 | 11.69 | 6.90 | 5.24 |
| Interest | 75.11 | 48.50 | 42.06 | 28.94 | 19.08 | 13.77 | 11.93 |
| Profit before tax | 41.08 | 50.16 | 52.77 | 71.03 | 57.07 | 44.21 | 41.10 |
| Tax | 12.33 | 15.33 | 17.12 | 21.06 | 12.44 | 12.88 | 12.45 |
| Net profit | 28.75 | 43.32 | 35.65 | 49.97 | 44.63 | 31.33 | 28.65 |
| Net profit margin | +3.3% | +5.6% | +5.2% | +7.3% | +9.2% | +9.3% | +9.4% |
| EPS (₹) | 10.90 | 13.20 | 13.51 | 20.04 | 17.89 | 13.43 | 12.28 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.38 | 26.38 | 26.38 | 24.94 | 24.94 | 23.33 | 23.33 |
| Reserves & surplus | 790 | 763 | 734 | 458 | 414 | 160 | 133 |
| Shareholders' funds (net worth) | 816 | 789 | 760 | 483 | 439 | 183 | 156 |
| Minority interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Secured loans | 1,330 | 566 | 394 | 362 | 225 | 216 | 137 |
| Unsecured loans | 65.20 | 30.70 | 15.39 | 7.30 | 4.02 | 5.74 | 0.00 |
| Total debt | 1,395 | 597 | 409 | 370 | 229 | 222 | 137 |
| Total liabilities | 2,229 | 1,399 | 1,182 | 860 | 676 | 410 | 306 |
| Assets | |||||||
| Gross block | 568 | 475 | 561 | 390 | 313 | 144 | 120 |
| Net block | 475 | 404 | 496 | 347 | 285 | 127 | 111 |
| Capital work in progress | 857 | 156 | 109 | 35.84 | 10.62 | 115 | 2.69 |
| Investments | 0.45 | 0.45 | 0.45 | 76.81 | 81.73 | 0.75 | 0.60 |
| Inventories | 568 | 309 | 382 | 293 | 195 | 114 | 130 |
| Sundry debtors | 380 | 200 | 282 | 177 | 110 | 78.55 | 75.23 |
| Cash & bank balances | 4.95 | 4.96 | 12.49 | 20.70 | 45.22 | 1.21 | 1.48 |
| Loans & advances | 439 | 486 | 107 | 88.72 | 62.39 | 46.37 | 24.47 |
| Total current assets | 1,393 | 1,000 | 784 | 580 | 412 | 240 | 231 |
| Total current liabilities | 661 | 331 | 256 | 174 | 113 | 74.02 | 43.11 |
| Net working capital | 732 | 669 | 528 | 405 | 299 | 166 | 188 |
| Total assets | 2,229 | 1,399 | 1,182 | 860 | 676 | 410 | 306 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 4.96 | 12.50 | 20.70 | 45.22 | 1.21 | 1.48 | 2.02 |
| Net cash from operating activities | (231) | 196 | (29.15) | (30.35) | 1.41 | 83.57 | (34.55) |
| Net cash from investing activities | (410) | (317) | (216) | (94.46) | (146) | (135) | (28.63) |
| Net cash from financing activities | 642 | 113 | 237 | 100 | 188 | 50.73 | 62.64 |
| Net change in cash | (0.03) | (7.54) | (8.20) | (24.52) | 44.01 | (0.27) | (0.54) |
| Closing cash | 4.95 | 4.96 | 12.49 | 20.70 | 45.22 | 1.21 | 1.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.9% | +12.6% | +0.7% | +40.8% | +44.8% | +9.9% | - |
| EBITDA growth | +12.3% | +11.1% | -1.4% | +28.9% | +34.5% | +10.9% | - |
| PBT growth | -18.1% | -5.0% | -25.7% | +24.5% | +29.1% | +7.6% | +40.5% |
| Net income growth | -33.6% | +21.5% | -28.7% | +12.0% | +42.5% | +9.4% | - |
| Revenue CAGR (3Y) | +7.9% | +16.9% | +27.1% | +30.9% | +26.8% | +27.8% | +40.6% |
| EBITDA CAGR (3Y) | +7.1% | +12.2% | +19.6% | +24.3% | +25.9% | +30.4% | +42.7% |
| Profitability & leverage | |||||||
| Net income margin | +3.3% | +4.5% | +5.2% | +7.3% | +9.2% | +9.3% | +9.4% |
| Return on capital employed | +6.4% | +8.7% | +9.3% | +13.0% | +14.0% | +16.2% | +21.2% |
| Return on net worth | +3.6% | +5.6% | +5.7% | +10.8% | +14.3% | +18.5% | +25.3% |
| Debt / equity | 1.24 | 0.65 | 0.63 | 0.65 | 0.72 | 1.06 | 1.03 |
| Long-term debt / equity | 0.66 | 0.21 | 0.22 | 0.28 | 0.39 | 0.44 | 0.29 |
| Interest cover | 68.42 | 51.35 | 48.25 | 30.33 | 25.47 | 23.96 | 22.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.65 | 1.50 | 1.45 | 1.95 | 2.13 | 3.04 | 3.34 |
| Inventory turnover | 1.96 | 2.25 | 2.05 | 2.81 | 3.16 | 3.29 | 3.44 |
| Debtors turnover | 2.97 | 3.23 | 3.01 | 4.78 | 5.18 | 5.21 | 5.12 |
| EPS (₹) | 10.90 | 13.20 | 13.51 | 20.04 | 17.89 | 13.43 | 12.28 |
| Dividend per share (₹) | 2.00 | 1.00 | 2.00 | 3.00 | 2.75 | 2.25 | 2.00 |
| Book value per share (₹) | 309.43 | 299.24 | 288.21 | 193.47 | 176.12 | 78.44 | 66.96 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 252 | 249 | 216 | 207 | 185 | 204 | 200 | 193 |
| Revenue growth (YoY) | +36.7% | +22.0% | +7.6% | +7.0% | +4.7% | - | - | - |
| Other income | 7.90 | 3.87 | 4.26 | 4.37 | 3.31 | 2.65 | 2.05 | 2.24 |
| Total expenses | 204 | 203 | 179 | 172 | 150 | 176 | 163 | 157 |
| EBITDA | 48.16 | 45.38 | 36.26 | 34.95 | 34.68 | 27.61 | 37.65 | 36.49 |
| EBITDA margin | +19.1% | +18.3% | +16.8% | +16.9% | +18.8% | +13.6% | +18.8% | +18.9% |
| Depreciation | 6.83 | 6.38 | 5.87 | 6.39 | 4.88 | 6.01 | 6.58 | 6.61 |
| Interest | 23.10 | 22.95 | 22.85 | 20.60 | 14.03 | 16.50 | 13.07 | 12.30 |
| Profit before tax | 26.13 | 19.92 | 11.80 | 12.33 | 19.08 | 7.75 | 20.05 | 19.82 |
| Tax | 6.69 | 5.26 | 3.03 | 3.02 | 4.85 | 2.56 | 5.64 | 4.96 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 855 | 774 | 701 | 686 | 487 | 336 | 306 |
| Revenue growth | +10.6% | +10.3% | +2.2% | +40.8% | +44.8% | +9.9% | - |
| Other income | 15.82 | 9.76 | 8.08 | 4.63 | 1.34 | 0.63 | 0.33 |
| Total expenses | 704 | 640 | 585 | 575 | 401 | 272 | 248 |
| Employee cost | 77.72 | 58.29 | 57.32 | 46.82 | 31.50 | 20.07 | 17.25 |
| EBITDA | 151 | 134 | 116 | 112 | 86.59 | 64.36 | 58.06 |
| EBITDA margin | +17.7% | +17.3% | +16.6% | +16.3% | +17.8% | +19.1% | +19.0% |
| Depreciation | 23.53 | 25.59 | 22.82 | 16.20 | 11.69 | 6.90 | 5.24 |
| Interest | 80.42 | 51.38 | 42.00 | 28.94 | 19.08 | 13.77 | 11.93 |
| Profit before tax | 63.13 | 66.36 | 59.46 | 71.11 | 57.16 | 44.32 | 41.22 |
| Tax | 16.17 | 17.95 | 18.33 | 21.06 | 12.44 | 12.88 | 12.45 |
| Net profit | 45.83 | 57.93 | 41.13 | 50.05 | 44.72 | 31.44 | 28.77 |
| Net profit margin | +5.4% | +7.5% | +5.9% | +7.3% | +9.2% | +9.4% | +9.4% |
| EPS (₹) | 17.80 | 18.35 | 15.59 | 20.07 | 17.93 | 13.48 | 12.33 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 26.38 | 26.38 | 26.38 | 24.94 | 24.94 | 23.33 | 23.33 |
| Reserves & surplus | 827 | 782 | 740 | 458 | 414 | 160 | 133 |
| Shareholders' funds (net worth) | 854 | 809 | 766 | 483 | 439 | 183 | 157 |
| Secured loans | 671 | 444 | 394 | 362 | 225 | 216 | 137 |
| Unsecured loans | 64.26 | 30.70 | 15.40 | 7.30 | 4.02 | 5.74 | 0.00 |
| Total debt | 736 | 474 | 409 | 370 | 229 | 222 | 137 |
| Total liabilities | 1,603 | 1,296 | 1,188 | 861 | 676 | 410 | 307 |
| Assets | |||||||
| Gross block | 384 | 299 | 428 | 390 | 313 | 144 | 119 |
| Net block | 294 | 228 | 361 | 347 | 285 | 127 | 111 |
| Capital work in progress | 161 | 27.53 | 56.10 | 35.84 | 10.62 | 115 | 2.69 |
| Investments | 307 | 193 | 5.45 | 76.51 | 81.21 | 0.45 | 0.45 |
| Inventories | 552 | 306 | 382 | 293 | 195 | 114 | 130 |
| Sundry debtors | 357 | 199 | 282 | 177 | 110 | 78.55 | 75.23 |
| Cash & bank balances | 3.05 | 0.48 | 2.30 | 20.70 | 45.22 | 1.21 | 1.48 |
| Loans & advances | 360 | 561 | 165 | 89.12 | 62.99 | 46.78 | 25.11 |
| Total current assets | 1,271 | 1,066 | 832 | 580 | 412 | 241 | 232 |
| Total current liabilities | 553 | 304 | 193 | 174 | 113 | 74.02 | 43.11 |
| Net working capital | 719 | 762 | 639 | 406 | 299 | 167 | 189 |
| Total assets | 1,603 | 1,296 | 1,188 | 861 | 676 | 410 | 307 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 0.48 | 2.30 | 38.99 | 45.22 | 1.21 | 1.48 | 2.02 |
| Net cash from operating activities | (99.20) | 199 | (134) | (30.35) | 1.20 | 83.29 | (34.12) |
| Net cash from investing activities | (35.16) | (188) | (129) | (94.46) | (146) | (134) | (28.88) |
| Net cash from financing activities | 137 | (12.14) | 226 | 100 | 188 | 50.73 | 62.46 |
| Net change in cash | 2.56 | (1.82) | (36.69) | (24.52) | 44.01 | (0.27) | (0.54) |
| Closing cash | 3.05 | 0.48 | 2.30 | 20.70 | 45.22 | 1.21 | 1.48 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.6% | +10.3% | +2.2% | +40.8% | +44.8% | +9.9% | - |
| EBITDA growth | +13.2% | +15.0% | +4.1% | +28.9% | +34.5% | +10.9% | - |
| PBT growth | -4.9% | +11.6% | -16.4% | +24.4% | +29.0% | +7.5% | +40.4% |
| Net income growth | -20.9% | +40.9% | -17.8% | +11.9% | +42.2% | +9.3% | - |
| Revenue CAGR (3Y) | +7.6% | +16.7% | +27.8% | +30.9% | +26.8% | +27.8% | +40.6% |
| EBITDA CAGR (3Y) | +10.7% | +15.5% | +21.8% | +24.3% | +25.9% | +30.4% | +42.7% |
| Profitability & leverage | |||||||
| Net income margin | +5.5% | +6.3% | +5.9% | +7.3% | +9.2% | +9.4% | +9.4% |
| Return on capital employed | +9.9% | +10.6% | +9.9% | +13.0% | +14.0% | +16.2% | +21.2% |
| Return on net worth | +5.7% | +7.4% | +6.6% | +10.9% | +14.4% | +18.5% | +25.3% |
| Debt / equity | 0.73 | 0.56 | 0.62 | 0.65 | 0.72 | 1.06 | 1.03 |
| Long-term debt / equity | 0.21 | 0.13 | 0.22 | 0.28 | 0.39 | 0.44 | 0.29 |
| Interest cover | 62.96 | 47.58 | 44.98 | 30.33 | 25.47 | 23.96 | 22.59 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 2.50 | 2.13 | 1.72 | 1.95 | 2.13 | 3.05 | 3.37 |
| Inventory turnover | 1.99 | 2.25 | 2.08 | 2.81 | 3.16 | 3.29 | 3.44 |
| Debtors turnover | 3.08 | 3.21 | 3.05 | 4.78 | 5.18 | 5.21 | 5.12 |
| EPS (₹) | 17.80 | 18.35 | 15.59 | 20.07 | 17.93 | 13.48 | 12.33 |
| Dividend per share (₹) | 2.00 | 1.00 | 2.00 | 3.00 | 2.75 | 2.25 | 2.00 |
| Book value per share (₹) | 323.62 | 306.61 | 290.41 | 193.51 | 176.15 | 78.49 | 67.17 |
To see the full year-wise statements and ratios of Neogen Chemicals Limited, buy the company report.
Board of directors of Neogen Chemicals Limited
Neogen Chemicals has 8 current directors and 9 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Shyamsunder Radheshyam Upadhyay | Whole-Time Director | 27 Jul 2015 | 11 Years 3 Months | Current |
| Harin Haridas Kanani | Managing Director | 15 Jul 2013 | 13 Years 3 Months | Current |
| Avi Kersi Sabavala | Director | 06 Oct 2018 | 8 Years 0 Months | Current |
| Ranjan Kumar Malik Also directs: Neogen Ionics Limited | Director | 06 Oct 2018 | 8 Years 0 Months | Current |
| Anurag Surana Also directs: Privi Speciality Chemicals Limited, Yasho Industries Limited, DCM Shriram Industries Limited and 4 more | Director | 15 May 2017 | 9 Years 5 Months | Current |
| Triplicane Commandoor Narasimhan Saikrishnan | Director | 01 Oct 2025 | 1 Years 0 Months | Current |
Peer comparison
Neogen Chemicals Limited is compared with the 7 companies closest to it by revenue in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products), from the latest filed financials of each company.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Neogen Chemicals Limitedthis company | ₹861.96 Cr (FY 2026) | ₹28.75 Cr | 3.3% | 10.9% | 601 | Thane, Maharashtra, India |
| Sudarshan Colorants India Limited | ₹843.83 Cr (FY 2025) | 6.0% | Thane, Maharashtra, India | |||
| Navin Fluorine Advanced Sciences Limited | ₹842.48 Cr (FY 2025) | 10.0% | Mumbai, Maharashtra, India | |||
| Krishna Antioxidants Private Limited | ₹829.3 Cr (FY 2025) | 11.0% | Mumbai, Maharashtra, India | |||
| Unitop Chemicals Private Limited | ₹774.29 Cr (FY 2025) | 18.0% | Mumbai, Maharashtra, India | |||
| Gramercy Trade Industries Private Limited | ₹767.72 Cr (FY 2025) | 1324.0% | Pune, Maharashtra, India | |||
| Eskay Iodine Private Limited | ₹741.41 Cr (FY 2025) | 33.0% | Mumbai, Maharashtra, India | |||
| Gulbrandsen Technologies (India) Private Limited | ₹738.25 Cr (FY 2024) | 5.0% | Vadodara, Gujarat, India |
To see the full peer comparison of Neogen Chemicals Limited, buy the company report.
Auditor
Neogen Chemicals Limited is audited by JMT & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| JMT & ASSOCIATES | FY 2023 | 104167W |
Shareholding
Shareholding for the quarter ended Sep 2026: promoters hold 53.00%, foreign institutional investors hold 4.10%, domestic institutional investors hold 19.60% and retail and other public shareholders hold 23.30%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 53.00% | 51.20% | 51.20% | 51.20% |
| Public | 47.00% | 48.80% | 48.80% | 48.80% |
Charges & borrowings
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 28 Mar 2026 | 101270600 | Others | ₹20 Cr | Open | |
| 06 Aug 2025 | 101160884 | Others | ₹200 Cr | Open | |
| 28 Jun 2025 | 101116161 | Others | ₹65 Cr | Open | |
| 18 Oct 2024 | 100996488 | Sbicap Trustee Company Limited | ₹487.69 Cr | Open | |
| 20 Jul 2024 | 100954537 | Sbicap Trustee Company Limited | ₹894 Cr | Open |
To see the full charge records of Neogen Chemicals Limited, buy the company report.
Total charge records: 27 View all charges
Deals & funding
Neogen Chemicals Limited has 36 deals on record (14 market trades, 12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹599.98 Cr; the latest was in June 2026.
Deals on record (5 of 36)
| When | Deal | Amount | Parties |
|---|---|---|---|
| Dec 2025 | Market trade | ₹17.11 Cr | Buyer: Junomoneta Finsol Private Limited Seller: Junomoneta Finsol Private Limited |
| Dec 2025 | Market trade | ₹198.85 Cr | Buyer: Alphagrep Securities Private Limited , Qe Securities LLP , Junomoneta Finsol Private Limited Seller: Alphagrep Securities Private Limited , Qe Securities LLP , Junomoneta Finsol Private Limited |
| Sep 2024 | Market trade | ₹38.97 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
| Jun 2024 | Market trade | ₹298.47 Cr | Buyer: Custody Bank Of Japan Ltd Re Rb Amundi India Small Cap Equity Mother Fund, India Acorn Icav, Setu Securities Private Limited Seller: Setu Securities Private Limited , Mansi Share And Stock Advisors Pvt Ltd, an individual |
| Apr 2023 | Market trade | ₹24.66 Cr | Buyer: Graviton Research Capital LLP Seller: Graviton Research Capital LLP |
To see the full deal history of Neogen Chemicals Limited, buy the company report.
Deal records are compiled from filings and public sources; amounts are shown only where the source reported them.
Legal cases
Neogen Chemicals Limited has 35 court cases on record: 16 filed by Neogen Chemicals, 19 filed against it. All cases are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| High courts | 19 | 18 | 0 |
| District courts | 16 | 1 | 0 |
Cases on record (5 of 35)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Thane, Maharashtra | Civil suit | Filed by the company against Arch Pharmalabs Ltd | Disposed |
| District court, Mumbai CMM Courts, Maharashtra | Court case (S S) | Filed by the company against Ms. Arch Pharmalabs Ltd. | Disposed |
| District court, Thane, Maharashtra | Court case (Sum.Civ.Suit) | Filed by the company against Karnataka Malladi Biotics Ltd. | Disposed |
| High Court, MAHARASHTRA | Court case (COMMP) | Filed against the company by Neogen Corporation | Disposed |
| High Court, MAHARASHTRA | Interim or miscellaneous application | Filed against the company by Neogen Corporation | Disposed |
To see the full case history of Neogen Chemicals Limited, buy the company report.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Credit ratings & regulatory alerts
Neogen Chemicals Limited was last rated by Crisil on 31 Oct 2019.
| Rating agency | Rated on | Rating |
|---|---|---|
| Crisil | 31 Oct 2019 |
To see the full credit ratings and regulatory alerts of Neogen Chemicals Limited, buy the company report.
MSME payment delays
Neogen Chemicals Limited has 13 MSME Form 1 returns on record between 2019 and 2023, listing 643 overdue payments to 124 micro and small suppliers. Companies must report dues to micro and small suppliers that stay unpaid for more than 45 days in a half-yearly MSME Form 1 return.
Suppliers with reported dues (5 of 124)
| Supplier | Amount due | Due since | Reported on |
|---|---|---|---|
| Ideal Lighting Systems Pvt Ltd | |||
| Tulip Chemicals Private Limited | |||
| an individual supplier | |||
| an individual supplier | |||
| Gracious Exports |
To see the full MSME payment records of Neogen Chemicals Limited, buy the company report.
Individuals and sole proprietors among the suppliers are not named.
Group structure & subsidiaries
Neogen Chemicals has 1 subsidiary company. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares held |
|---|---|---|
| Neogen Ionics Limited | U20119MH2023PLC399825 |
To see the full group structure of Neogen Chemicals Limited, buy the company report.
Employees & EPFO
Neogen Chemicals Limited has a workforce of 601 employees on its EPFO records as of Apr 08, 2024, across 2 active EPFO establishments.
GST
Neogen Chemicals has 4 GST registrations: 3 active and 1 cancelled or inactive.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 27AAACN5836E1ZJ | Maharashtra | Active | 01 Jul 2017 |
| 24AAACN5836E2ZO | Gujarat | Active | 01 Jul 2017 |
| 24AAACN5836E3ZN | Gujarat | Active | 11 Jan 2019 |
To see the full GST registrations and return filing status of Neogen Chemicals Limited, buy the company report.
Recent activity
Neogen Chemicals Limited has 24 board changes on record since 1989: 16 appointments and 8 cessations. The latest: Triplicane Commandoor Narasimhan Saikrishnan was appointed as Director on 01 Oct 2025.
79 earlier events are in the company report.
News
Frequently asked questions
Neogen Chemicals is an active public limited company based in Thane, Maharashtra, India. The company works in specialty chemicals, within the chemicals and materials industry. It was incorporated on 07 March 1989 (37+ years old) and is registered under CIN L24200MH1989PLC050919. Listed on BSE: 542665 and NSE: NEOGEN.
Neogen Chemicals reported revenue of ₹861.96 Cr for FY 2025-26 (up 10.9% YoY) based on consolidated financials.
Neogen Chemicals has 8 current directors:
- Harin Haridas Kanani - Managing Director
- Shyamsunder Radheshyam Upadhyay - Whole-Time Director
- Avi Kersi Sabavala - Director
- Ranjan Kumar Malik - Director
- Anurag Surana - Director
- Triplicane Commandoor Narasimhan Saikrishnan - Director
- Rajeshkumar Babulal Shah - Director
- Manoj Kumar Pati - Director
The latest financial statements of Neogen Chemicals on record with the MCA are for the year ended 31 March 2026. Its last annual general meeting was held on 21 August 2026. Year-wise statements from 2015 are in the company report.
The GSTIN of Neogen Chemicals is 27AAACN5836E1ZJ, registered in Maharashtra. The company has 4 GST registrations in all, of which 3 are active and 1 is cancelled or inactive. Other active GSTINs include 24AAACN5836E2ZO (Gujarat), 24AAACN5836E3ZN (Gujarat).
The CIN (Corporate Identification Number) of Neogen Chemicals is L24200MH1989PLC050919. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Yes. Neogen Chemicals is a listed company as per MCA records. Its shares are listed on both BSE (code: 542665) and NSE (symbol: NEOGEN).
Neogen Chemicals has 35 court cases on record: 16 filed by the company and 19 filed against it. Most are in the high courts.
Neogen Chemicals was incorporated on 07 March 1989, making it 37+ years old. It is registered with the Registrar of Companies, Mumbai.
Neogen Chemicals has 36 deals on record (14 market trades, 12 secondary share transfers, 8 funding rounds), with disclosed funding of ₹599.98 Cr; the latest was in June 2026.
The peers of Neogen Chemicals by revenue are Sudarshan Colorants India Limited, Navin Fluorine Advanced Sciences Limited, Krishna Antioxidants Private Limited, Unitop Chemicals Private Limited, Gramercy Trade Industries Private Limited and 2 more, all in the Chemicals industry (Specialty Chemicals), with the same principal business activity (chemical and chemical products, pharmaceuticals, medicinal chemical and botanical products).
Triplicane Commandoor Narasimhan Saikrishnan was appointed as Director on 01 Oct 2025. Haridas Thakarshi Kanani ceased to be Managing Director on 30 Sep 2025. Ullal Ravindra Bhat ceased to be Director on 28 Oct 2024. Neogen Chemicals has 24 board changes on record in total.