Neogen Chemicals' Q1 FY 2026-27 Quarterly Results

Result Summary

• Neogen Chemicals Ltd reported a 2.7% quarter-on-quarter (QoQ) increase in its consolidated revenues for the quarter-ended Jun (Q1 FY 2026-27). On a year-on-year (YoY) basis, it witnessed a growth of 35.3%.
• Its expenses for the quarter were down by 0.3% QoQ and up 33.1% YoY.
• The net profit increased 50.2% QoQ and increased 66.8% YoY.
• The earnings per share (EPS) of Neogen Chemicals Ltd stood at 6.29 during Q1 FY 2026-27.

Financial Statments for Q1 FY 2026-27

Data Source: BSE, Company announcements The securities quoted are exemplary and are not recommendatory. Past performance is not indicative of future results

Company Overview

Neogen Chemicals Ltd is a company involved in the production and sale of specialty chemicals. The firm operates primarily in the chemical industry, specializing in bromine-based and lithium-based compounds. These compounds are used in various applications, including pharmaceuticals, agrochemicals, engineering, and polymer industries. It is noted for its role in supplying critical inputs for other manufacturing processes, making it a key player in these sectors. While recent major developments are not specified, the company's continuous growth in revenue and profitability suggests ongoing operations and potential market expansions.

Revenue

In the first quarter of FY27, Neogen Chemicals Ltd reported a total income of ₹254.15 crores, marking a 2.7% increase from the previous quarter (Q4FY26) which had a total income of ₹247.54 crores. Comparing year-over-year, there was a significant increase of 35.3% from Q1FY26, where total income was ₹187.91 crores. This upward trajectory in revenue indicates a strong performance in the current quarter, reflecting the company's ability to generate higher sales or income compared to both the previous quarter and the same period last year.

Profitability

The profitability of Neogen Chemicals Ltd saw marked improvements in Q1FY27. The company reported a profit before tax of ₹23.08 crores, which is a 45.9% increase from the previous quarter's ₹15.82 crores. Compared to the same quarter last year (Q1FY26), this represents a 62.1% increase from ₹14.24 crores. The profit after tax also rose significantly to ₹17.11 crores in Q1FY27, increasing by 50.2% from ₹11.39 crores in the previous quarter and by 66.8% from ₹10.26 crores in Q1FY26. This considerable growth in profitability is further reflected in the earnings per share, which increased to ₹6.29 from ₹4.32 in the last quarter, and from ₹3.89 in Q1FY26, showing a robust improvement in shareholder value.

Operating Metrics

Neogen Chemicals Ltd's total expenses for Q1FY27 were ₹231.07 crores, showing a slight decrease of 0.3% from ₹231.72 crores in the previous quarter. However, on a year-over-year basis, total expenses increased by 33.1% from ₹173.67 crores in Q1FY26. The effective management of operating expenses, despite the increase in revenue, has contributed to the improved profitability margins. The tax expense for the quarter was ₹6.17 crores, an increase of 38.3% from the previous quarter and 53.1% from the same quarter last year. These metrics highlight the company's operational efficiency and its strategic approach to managing costs while scaling its operations.