Neogen Chemicals Ltd. · NSE:NEOGEN
Neogen Chemicals — Q1 FY26 Earnings Presentation
34 slides from Neogen Chemicals's earnings presentation, Aug 2, 2025
Slide 1: Exchange filing cover letter
August 2, 2025 BSE Limited National Stock Exchange of India Limited Department of Corporate Services Listing Department, Floor 25, Phiroze Jeejeebhoy Towers, Exchange Plaza, Dalal Street, Kala Ghoda, Fort Bandra Kurla Complex, Bandra (East), Mumbai - 400 001 Mumbai – 400 051 Scrip Code No: 542665 Co
Slide 2: Q1 FY26 Earnings Presentation
Creating Opportunities Building a Sustainable Future Q1 FY26 Earnings Presentation August 2025
Slide 3: Safe Harbor
Safe Harbor Certain statements in this document may be forward-looking statements. Such forward looking statements are subject to certain risks and uncertainties like regulatory changes, local political or economic developments, and many other factors that could cause our actual results to differ ma
Slide 4: Table of Contents
Table of Contents 1 Q1 FY26 Financial Performance 2 Update on Expansion Initiatives 3 Introduction to Neogen Chemicals 4 Industry Overview – Lithium-Ion Batteries 5 Way Forward 6 CSR Initiatives 7 Contact Us 3
Slide 5: Q1 FY26 Financial Performance
Q1 FY26 Financial Performance 4
Slide 6: Key Performance Highlights – Q1 FY26
Key Performance Highlights – Q1 FY26 Standalone Consolidated INR in crore Q1 FY26 Revenue break-up** Q1 FY26 Q1 FY26 4% 71% 5% Revenues 185 187 29% 9% 2% EBITDA 35 32 Domestic *Exports 9% *Including deemed exports 2% PBT 19 14 88% 2% 11% PAT 14 10 12% Organic Inorganic Note: 1. Growth for Q1 FY26 is
Slide 7: Financial Summary – Q1 FY26
Financial Summary – Q1 FY26 Standalone Consolidated ● Achieved higher revenues in Q1, despite Dahej plant being unavailable for the entire REVENUE REVENUE quarter due to the fire incident 176.3 184.6 180.0 186.7 ● Performance steered by sustained volume growth in the core business, and initiation of
Slide 8: Revenue break-up – Q1 FY26 (consolidated)
Revenue break-up – Q1 FY26 (consolidated) 16% 180 165 142 Organic 160 140 Chemicals 120 100 80 60 40 20 0 Q1 FY25 Q1 FY26 42% 40 38 35 Inorganic 30 25 22 20 15 Chemicals 10 5 0 Q1 FY25 Q1 FY26 INR in crore 7
Slide 9: Financial Table – Profit & Loss Statement (Standalone)
Financial Table – Profit & Loss Statement (Standalone) Particulars (INR In crore) Q1 FY26 Q1 FY25 Growth (%) Revenue 184.6 176.3 5% Expenditure 149.9 144.5 4% EBITDA 34.7 31.8 9% EBITDA Margins 18.8% 18.0% +74 bps Depreciation 4.9 6.4 -24% EBIT (inc. Other Income) 33.1 28.8 15% Interest 14.0 9.5 48%
Slide 10: Financial Table – Profit & Loss Statement (Consolidated)
Financial Table – Profit & Loss Statement (Consolidated) Particulars (INR In crore) Q1 FY26 Q1 FY25 Growth (%) Revenue 186.7 180.0 4% Expenditure 155.2 149.2 4% EBITDA 31.5 30.8 2% EBITDA Margins 16.9% 17.1% -23 bps Depreciation 5.8 6.8 -15% EBIT (inc. Other Income) 26.9 25.6 5% Interest 12.7 9.8 29
Slide 11: Key Updates – Q1 FY26 (Neogen Chemicals)
Key Updates – Q1 FY26 (Neogen Chemicals) ● Mr. Haridas Kanani to retire from the position of Chairman and Managing Director with effect from September 30, 2025 as he completes 80 years o To be conferred with the honorary title of ‘Chairman Emeritus’ post retirement to continue providing his valuable
Slide 12: Seasonal Variance Factors
Seasonal Variance Factors ● Neogen’s business has some seasonal drivers, due to which the company tends to deliver stronger financial performance in the second half of the financial year (October to March). Seasonal variance is driven by strong demand from Europe as orders tend to scale up in Octobe
Slide 13: Management Commentary
Management Commentary Commenting on the Q1 FY26 performance, Mr. Haridas Kanani, Chairman & Managing Director, at Neogen Chemicals said: "We delivered a resilient performance in Q1 FY26, demonstrating the inherent strength of our diversified business model, even with our Dahej plant unavailable for
Slide 14: Historical Financial Trends (Consolidated)
Historical Financial Trends (Consolidated) Net Revenue from Operations** (INR crore) EBITDA (INR crore) Margin (%) CAGR: 21% 900 778 160 18.9% 19.1% 136 25.0% 686 691 17.8% 110 112 800 140 20.0% 700 120 600 487 100 87 65 15.0% 336 58 17.5% 500 306 16.3% 15.9% 80 400 10.0% 60 300 40 200 5.0% 20 100 0
Slide 15: Update on Expansion Initiatives
Update on Expansion Initiatives 14
Slide 16: Update on various expansion initiatives
Update on various expansion initiatives Neogen Ionics Proposed Manufacturing Setup Manufacturing locations Land Area Year Planned Capacities Electrolyte Lithium Electrolyte Salts & Additives FY25 2,000 MT 400 MT Dahej SEZ 6,455 m2 FY26 - 2,100 MT Pakhajan, Dahej PCPIR (New site) 264,285 m2 FY26 30,0
Slide 17: Update on Battery Chemicals (Neogen Ionics)
Update on Battery Chemicals (Neogen Ionics) ● Construction Update: Greenfield Facility for Electrolyte using MUIS technology (Pakhajan, Dahej PCPIR) o Piling work is complete; Civil work is significantly complete, and long-lead equipment has been ordered o Key Milestone: Factory Acceptance Testing (
Slide 18: Introduction to Neogen Chemicals
Introduction to Neogen Chemicals 17
Slide 19: Neogen Chemicals – At a Glance
Neogen Chemicals – At a Glance ISO 9001:2015, ISO 4 Manufacturing Sites + 246 2 R&D Facilities 14% 14001:2015 & ISO 789 21% 45001:2018 Products Infrastructure Of workforce in Manufacturing units certified on Quality Net worth - FY25 5-year Revenue developed by R&D team & SHE management systems (INR
Slide 20: Evolution of Neogen Chemicals
Evolution of Neogen Chemicals 1970’s to 1991 Pre-Neogen 1991 to 2016 Site I 2016 to 2019 Site I & II 2020 to 2024 Multiple Sites ● Mr. HT Kanani graduated as a ● ‘Neogen Chemicals’ ● Acquired Solaris ChemTech ● Doubled Inorganic Chemicals Chemical Engineer and started commenced business Industries’
Slide 21: Key Milestones
Key Milestones Leading manufacturer of Bromine and Lithium-based specialty chemicals since 1989 Signed licensing agreement with Increased the MUIS, Japan Achieved turnover capacity of of ₹100 crore Acquired 100% stake in BuLi Chem Started Inorganic operations with Increased Acquired Chemicals to Rai
Slide 22: Business Overview
Business Overview Organic Chemicals Inorganic Chemicals Bromine Organolithium Advanced Custom The portfolio includes specialty, inorganic lithium-based chemical products Compounds N Butyl Lithium Intermediates Synthesis & which find applications across multiple industries Organic and other Combining
Slide 23: Unique value-proposition
Unique value-proposition Experienced Board of Directors Specialised Business State-of-the-art Model with High Entry Manufacturing Barriers Facilities Established Excellent Relationship with R&D Suppliers Capabilities Enduring Innovative Customer Product Relationships Portfolio 22
Slide 24: Experienced Leadership Team
Experienced Leadership Team Mr. Shyamsunder Mr. Gopikrishnan Mr. Anurag Surana Upadhyay Sarathy Non-Executive Director Whole time Director Chief Financial Officer ● Holds a bachelor’s ● Holds a master’s ● Associate member of the Mr. Haridas Kanani, Dr. Harin Kanani, PhD degree in commerce degree in
Slide 25: Large Manufacturing Infrastructure – Neogen Chemicals
Large Manufacturing Infrastructure – Neogen Chemicals Strong Manufacturing Infrastructure Factory Land Area Land Utilisation Capacity Certifications of Manufacturing Facilities Organic Chemicals Inorganic Chemicals (Reactor capacity) (Tonnage) ISO 9001:2015 from Bureau Veritas Mahape (Since 1991) 4,
Slide 26: Driving Innovation Through R&D
Driving Innovation Through R&D Focus on R&D to drive sustained growth; to continue to deploy resources 110-member dedicated R&D 3 CMD and MD actively involved and spend significant time overseeing the team, including 10 Ph. D. 2 4 functioning of both R&D divisions Post commissioning of dedicated R&D
Slide 27: Key Export Geographies
Key Export Geographies Europe USA China Korea Japan Export sales of 28% in FY25 26
Slide 28: Industry Overview Lithium-ion Batteries
Industry Overview Lithium-ion Batteries 27
Slide 29: Strong Opportunities in India’s Lithium Battery sector
Strong Opportunities in India’s Lithium Battery sector Lithium-ion battery (3.7v) ● Government’s PLI scheme: Strong demand for locally manufactured batteries is expected to catalyse the growth Approximate Cost Component Break up* of India's EV ecosystem o Target Incentive Outlay of INR 18,100 crore
Slide 30: Strong Opportunities in Global Lithium Battery sector
Strong Opportunities in Global Lithium Battery sector Demand Estimates for the Global Market (By 2030) Estimated Battery requirement Estimated Electrolyte demand (KT) Estimated Lithium Salt demand (GWh) (KT) 3,500 3,000 3,500 400 1,125 2,500 350 141 3,000 1,500 300 2,000 2,500 2,925 250 366 2,000 3,
Slide 31: Way Forward
Way Forward Expand capabilities in adjacent high-end complex chemistries Augment the Leverage strong R&D capacities of Organic expertise to introduce and Inorganic innovative offerings Chemicals Enhance focus on Deep inroads in CSM & Advanced the Battery Intermediates Materials through portfolio seg
Slide 32: CSR Approach: Focusing On The Greater Good
CSR Approach: Focusing On The Greater Good #NeogenCARES - At Neogen, care isn’t just a commitment. It’s in our DNA. We believe the society is an integral part of our existence. We cannot grow unless the society around us also grows. Our objective, therefore, is to contribute our mite towards socio-e
Slide 33: Contact Us
Contact Us About Neogen Chemicals Limited Incorporated in 1989, Neogen Chemicals Ltd. (NSE Code: NEOGEN; BSE Code: 542665) is India’s one of the leading manufacturers of Bromine-based and Lithium-based specialty chemicals. Its specialty chemicals product offerings comprises of Organic as well as Ino
Slide 34: Thank You
<= ThankYou» +