Neogen Chemicals Ltd. · NSE:NEOGEN
Neogen Chemicals — Q3 FY26 Earnings Presentation
34 slides from Neogen Chemicals's earnings presentation, Feb 12, 2026
Slide 1: Exchange filing cover letter for earnings presentation
)( .T. NE,,QGEN® ~a:, CHEM~CALS LTD. 7'. February 12, 2026 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 0
Slide 2: Capitalising on Opportunities, Rising in Strength - Q3 FY26 Earnings Presentation
‘Capitalising on Opportunities Rising in Strength’ Q3 FY26 Earnings Presentation February 2026
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 01 02 03 01 02 03 Q3 & 9M FY26 Introduction to Industry Overview: Financial Neogen Chemicals Lithium-Ion Batteries Performance & Expansion Initiatives 04 05 06 04 05 06 Way Forward Sustainability & Contact Us CSR Initiatives
Slide 5: Q3 & 9M FY26 Financial Performance & Expansion Initiatives
Q3 & 9M FY26 Financial Performance & Expansion Initiatives
Slide 6: Performance Highlights – Q3 & 9M FY26
Performance Highlights – Q3 & 9M FY26 INR in crore Standalone Consolidated Q3 FY26 Revenue break-up** Q3 FY26 9M FY26 Q3 FY26 9M FY26 78% Revenues 8% 216 6% 607 9% 220 7% 615 22% Gross Profit 8% 99 8% 277 13% 104 10% 286 Domestic *Exports *Including deemed exports EBITDA 4% 36 0.1% 106 8% 32 7% 93 8
Slide 7: Financial Summary – Q3 FY26
Financial Summary – Q3 FY26 Standalone Consolidated Standalone Consolidated Standalone Consolidated • • • • • • REVENUE EBITDA PAT 220.0 37.7 36.3 34.6 10.0 200.4 215.6 201.4 31.9 14.4 8.8 3.7 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 ● Top-line
Slide 8: Revenue break-up – Q3 & 9M FY26 (consolidated)
Revenue break-up – Q3 & 9M FY26 (consolidated) Organic Chemicals ( Inorganic Chemicals 177 187 33 24 Q3 FY25 Q3 FY26 Q3 FY25 Q3 FY26 -. __-,)~ ( 535 90 485 80 9M FY25 9M FY26 9M FY25 9M FY26 INR in crore 7
Slide 9: Financial Table – Profit & Loss Statement (Standalone)
Financial Table – Profit & Loss Statement (Standalone) Particulars (INR In crore) Q3 FY26 Q3 FY25 Growth (%) 9M FY26 9M FY25 Growth (%) Revenue 215.6 200.4 8% 606.9 569.9 6% Expenditure 179.3 162.8 10% 501.0 463.9 8% EBITDA 36.3 37.7 -4% 105.9 106.0 -0.1% EBITDA Margins 16.8% 18.8% -196 bps 17.4% 18
Slide 10: Financial Table – Profit & Loss Statement (Consolidated)
Financial Table – Profit & Loss Statement (Consolidated) Particulars (INR In crore) Q3 FY26 Q3 FY25 Growth (%) 9M FY26 9M FY25 Growth (%) Revenue 220.0 201.4 9% 615.4 574.7 7% Expenditure 188.1 166.8 13% 522.0 474.8 10% EBITDA 31.9 34.6 -8% 93.4 99.9 -7% EBITDA Margins 14.5% 17.2% -270 bps 15.2% 17.
Slide 11: Key Updates – Q3 FY26 (Neogen Chemicals)
Key Updates – Q3 FY26 (Neogen Chemicals) • Update on Fire Incident o During the Nine month ended December 31, 2025, Company has received INR 83.48 Crore (including INR 80.00 Crore as on account payment from insurance company), accordingly net claim receivable as on date reduced to INR 251.12 Crore o
Slide 12: Update on various expansion initiatives – Neogen Ionics Proposed Manufacturing Setup
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 - 1,100 MT FY27 - 1,000 MT Pakhajan, Dahej PCPIR (New site) 264,
Slide 13: Update on Battery Chemicals (Neogen Ionics)
Update on Battery Chemicals (Neogen Ionics) Landmark Indo-Japan Joint Venture for Electrolyte Salt Production • Neogen Ionics (NIL) concluded JV with Japan’s Morita Investment Limited (MIL) to produce, develop, and sell solid LiPF6 salt globally • Neogen to hold 80% majority stake in the new entity,
Slide 14: Management Commentary
Management Commentary Dr. Harin Kanani Managing Director Commenting on the performance, Dr. Harin Kanani, Managing Director, at Neogen Chemicals said: “Our Q3 FY26 performance reflects a steady recovery and a strategic pivot toward a future-ready portfolio. In our base business, we continue to see s
Slide 15: Historical Financial Trends (Consolidated)
Historical Financial Trends (Consolidated) Net Revenue from Operations* (INR crore) EBITDA (INR crore) Margin (%) CAGR: 21% 160 18.9% 19.1% 17.8% 136 25.0% 778 110 112 140 900 800 686 691 120 20.0% 700 487 100 87 15.0% 65 600 500 336 80 58 17.5% 400 306 60 16.3% 15.9% 10.0% 300 40 200 5.0% 20 100 0
Slide 16: Seasonal Variance Factors
Seasonal Variance Factors Neogen’s business has Demand for Demand from the Consequently, some seasonal drivers, Lithium-based agrochemicals segment investors are urged to due to which the chemicals tends to be is linked to the crop compare financial Company tends to strong in Q4 as demand cycle and
Slide 17: Introduction to Neogen Chemicals
Introduction to Neogen Chemicals
Slide 18: Neogen Chemicals – At a Glance
Neogen Chemicals – At a Glance 4 Manufacturing Sites + ISO 9001:2015, ISO 258 ) ) 866 ) ) 789 ) 21% 2 R&D Facilities 14001:2015 & ISO 45001:2018 Products developed Infrastructure Employees (of Manufacturing units certified on Net worth - FY25 5-year Revenue by in-house R&D which 14% of Quality & SHE
Slide 19: 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 is a Chemical ● ‘Neogen Chemicals’ ● Acquired Solaris ChemTech ● Doubled Inorganic Chemicals Engineer from IIT Bombay. His commenced business Industries’ B
Slide 20: Milestones
Milestones Leading manufacturer of Bromine and Lithium-based specialty chemicals since 1989 1991 1998 2012 2016 2020 2023 2025 Started operations Conversion to Increased reactor Achieved turnover of Increased the Signed licensing Expanded Patancheru with Lithium salts public limited capacity at ₹100
Slide 21: Business Overview
Business Overview Organic Chemicals End User Industries Bromine Organolithium Advanced Custom Synthesis & Compounds N Butyl Lithium and Intermediates Contract Organic compounds other organolithium Combining Manufacturing containing bromine, products using bromination with Products developed chlorine
Slide 22: Unique value-proposition
Unique value-proposition Experienced Board of Directors Specialised Business State-of-the-art Model with High Entry Barriers Manufacturing Facilities Established Excellent R&D Relationship with Suppliers Capabilities Enduring Customer Innovative Relationships Product Portfolio 21
Slide 23: Experienced Leadership Team
Experienced Leadership Team ----- -------- ● Holds a bachelor’s degree in commerce with Honours ~ I Mr. Shyamsunder from the University of Delhi Dr. Harin Kanani Mr. TCN Sai Krishnan Mr. Gopikrishnan Sarathy I Upadhyay ● Rich experience of over 35 years in the Specialty Chemical Industry Managing Di
Slide 24: 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 Certification Mahape (
Slide 25: Driving Innovation Through R&D
Driving Innovation Through R&D 1 1 2 3 4 5 Established two 122-member Focus on R&D to MD actively Post commissioning R&D units dedicated R&D drive sustained involved and of dedicated R&D team, including growth; to spend significant units in 2001, the 9 Ph. D. continue to deploy time overseeing produ
Slide 26: Key Export Geographies
Key Export Geographies Europe China _...,..~ .. - Korea Export sales of 28% USA Japan in FY25 Middle East 25
Slide 27: Industry Overview: Lithium-ion Batteries
Industry Overview Lithium-ion Batteries
Slide 28: Strong Opportunities in Lithium Battery Sector - India
Strong Opportunities in Lithium Battery Sector - India ● Government’s PLI scheme: Strong demand for locally manufactured batteries is expected to catalyse the growth of India's EV ecosystem o Target Incentive Outlay of INR 18,100 crore o Manufacturing capacity of 50 Gwh of ACC o 60% of Battery Mater
Slide 29: Strong Opportunities in Lithium Battery Sector - Global
Strong Opportunities in Lithium Battery Sector - Global Demand Estimates for the Global Market (By 2030) Estimated Battery requirement (GWh) Estimated Electrolyte demand (KT) Estimated Lithium Salt demand (KT) 3,500 3,500 400 350 3,000 3,000 300 141 1,125 2,500 2,500 2,000 1,500 2,000 250 366 200 1,
Slide 30: Way Forward
Way Forward Expand capabilities in adjacent high-end complex chemistries Enhance focus on CSM & Deep inroads in the Advanced Intermediates Battery Materials through portfolio expansion segment Augment the Leverage strong R&D capacities of Organic expertise to introduce and Inorganic Chemicals innova
Slide 31: Sustainability: Driving Value through ESG Excellence
Sustainability: Driving Value through ESG Excellence Strategic ESG Integration for Sustainable Growth Clean Energy Robust Ethical Strengthening Focus Oversight Foundation Corporate Governance The upcoming Dahej ESG risks are formally The Board has approved Aligned with best Greenfield project is int
Slide 32: CSR Approach: Focusing On The Greater Good
CSR Approach: Focusing On The Greater Good Shaping an Inclusive and Sustainable Future Rs. 45.72 Lakh Education Rs. 8.88 Lakh CSR Rs. 37.81 Lakh Healthcare Focus Water Conservation Areas & Natural Resource (FY25) Management Rs. 9.14 Lakh Rs. 26.84 Lakh Women Environment Empowerment / Securing the Ec
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 comprise of Organic as well as Inor
Slide 34: Thank You
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