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Neogen Chemicals Ltd (NEOGEN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 542665 NSE: NEOGEN Chemicals | Small Cap | Neogen Chemicals Share Price

₹2,140.30 68.25 (3.29%)

As on 13-Aug'26 16:59

Neogen Chemicals Ltd (NEOGEN)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 542665 NSE: NEOGEN Chemicals | Small Cap | Neogen Chemicals Share Price

₹2,140.30 68.25 (3.29%)

As on 13-Aug'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5,674 Cr.
Current Price
₹2,140.3
52-Week Low / High
₹978 / 2,370
TTM EPS
₹19.1
TTM Sales
₹923 Cr.
Book Value per Share
₹377.7
P/E Ratio
108.73
Higher than its 5-year historical median
Industry PE
49.2
Price to Book (P/B)
5.49
Lower than its 5-year historical median
Price to Sales (P/S)
6.15
In line with its 5-year historical median
EV/EBITDA
34.25
In line with its 5-year historical median
Dividend Yield
0.05%
Profitability Efficiency
Return on Equity (ROE)
5.65%
Underperforms industry median
Return on Capital Employed (ROCE)
10.34%
Underperforms industry median
Return on Assets (ROA)
2.47%
Operating Profit Margin
17.7%
Net Profit Margin
5.49%
Gross Profit Margin
10.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
10.58%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
2.81%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
-3%
Asset Quality
Promoter Holding
53.01%
Pledged shares (%) of Promoter's holding (%)
23.00%
Reserves
₹1,007 Cr.
Equity
₹27.4 Cr.
Face Value
₹10
All Time Low / High
₹240.55 / 2414.90

Neogen Chemicals stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Fair

Price Trend

Strong
Q.1 Is Neogen Chemicals Ltd a good quality company?
Neogen Chemicals Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Neogen Chemicals Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Neogen Chemicals Ltd vs industry peers?
Neogen Chemicals Ltd revenue CAGR is 20.52%, compared to the industry median CAGR of 7.39%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Neogen Chemicals Ltd?
Promoters hold 53.01% of the Neogen Chemicals Ltd, with 23.00% of their stake pledged, indicating high pledge risk.
Q.1 Stock return of Neogen Chemicals Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 17.67% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Neogen Chemicals Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 23.1%22.9%25.5%21.9%16.8%14.3%13.3%10.1%9.8%10.3%-
Value Creation
Index
0.70.70.80.60.20.0-0.1-0.3-0.3-0.3-

Growth Parameters

Sales 110161239306336487686696774855923
Sales YoY Gr.-46.4%48.4%28.1%9.9%44.8%40.8%1.5%11.1%10.6%-
Adj EPS 3.85.210.512.313.417.92016.721.317.619.1
YoY Gr.-35.4%103.7%17%8.6%33.8%12.1%-16.8%27.8%-17.2%-
BVPS (₹) 2125.335.167.278.5176.2193.5290.2306.6323.6377.7
Adj Net
Profit
7.610.321.128.731.244.6504456.246.652
Cash Flow from Ops. 0.311.8-3.8-34.183.31.2-30.4-115199-99.2-
Debt/CF from Ops. 264.67-31.8-42.6187.3-11.9-3.32.2-6.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 25.6%20.5%7.6%10.6%
Adj EPS 18.6%5.7%-4.2%-17.2%
BVPS35.5%32.8%18.7%5.6%
Share Price - 17.6% 11.1% 52.6%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
21.922.334.925.318.414.310.87.17.15.65.4
Op. Profit
Mgn %
18.21818.31919.117.816.316.61917.717.9
Net Profit
Mgn %
6.96.48.89.49.39.27.36.37.35.45.7
Debt to
Equity
1.61.61.70.91.20.50.80.50.60.8-
Working Cap
Days
227224193211223235253400505550247
Cash Conv.
Cycle
69908612210811213020017313768

Valuation of Neogen Chemicals - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.009.7623.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales110161239306336487686701774855
Operating Expenses + 90132196248272401575585627704
Manufacturing Costs13213034427393887882
Material Costs6495141184198275389395423474
Employee Cost 591117203247575874
Other Costs 871413132246456874
Operating Profit 202943586487112116147151
Operating Profit Margin (%) 18.2%18.0%18.2%19.0%19.1%17.8%16.3%16.6%19.0%17.7%
Other Income + 011011581016
Exceptional Items 00000000-140
Interest 8101212141929425180
Depreciation 123571216232624
Profit Before Tax 12182941445771596663
Tax 47812131221181816
Profit After Tax 8112129314550414847
PAT Margin (%) 7.0%6.6%8.8%9.4%9.4%9.2%7.3%5.9%6.3%5.5%
Adjusted EPS (₹)3.95.410.512.313.517.920.115.618.417.8
Dividend Payout Ratio (%)0%18.70%14.30%16.20%16.70%15.30%15%12.80%5.50%5.60%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 425170157183439483766809854
Share Capital 20202023232525262626
Reserves 223150133160414458740782827
Debt +6780116132202198333367400584
Long Term Debt3738513011612212912448229
Short Term Debt3041651028676204243352355
Minority Interest0000000000
Trade Payables313743366699157145255423
Others Liabilities 12141830416481127158316
Total Liabilities 1521812473554928001,0541,4051,6212,176

Fixed Assets

Net Fixed Assets +566783111127285347361228294
Gross Block606988120144313390428299384
Accumulated Depreciation32510172842687190
CWIP 110311511365628161
Investments 0000081775193307
Inventories405072130114195293382306552
Trade Receivables3241617579110177282199357
Cash Equivalents 322114521203
Others Assets 191928355673103317667502
Total Assets 1521812473554928001,0541,4051,6212,176
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 012-4-34831-30-134199-99
PBT 12182941445771596663
Adjustment 7121722132446568795
Changes in Working Capital -15-14-45-8537-70-136-24058-238
Tax Paid -4-4-6-13-10-10-12-10-12-20
Cash Flow From Investing Activity + -33-13-20-29-134-146-94-129-188-35
Capex -33-14-18-27-23-170-104-73-32-30
Net Investments -100000000-23
Others 01-2-2-111249-55-15618
Cash Flow From Financing Activity + 33-0246251188100226-12137
Net Proceeds from Shares 000700225024700
Net Proceeds from Borrowing 1913817000000
Interest Paid -6-8-10-12-14-19-29-43-51-78
Dividend Paid -0-3-2-4-5-5-7-7-5-3
Others 2110-2-869-121363044218
Net Cash Flow 1-10-1-044-25-37-23
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)22.2823.0934.7625.3318.514.3710.866.596.155.65
ROCE (%)23.1322.9225.5421.9416.7714.3413.2610.129.7610.34
Asset Turnover Ratio1.040.991.21.150.950.750.740.570.510.45
PAT to CFO Conversion(x)01.09-0.19-1.172.680.02-0.6-3.274.15-2.11
Working Capital Days
Receivable Days72.1081.8072.9071.407070.4076.30118.90113118.30
Inventory Days107.80100.2087.40106.20111.10115.60129.70174.40161.50182.60
Payable Days150.50130.20103.107894.10109.50120139.40172.90260.90

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Neogen Chemicals Ltd FAQs

The current trading price of Neogen Chemicals on 13-Aug-2026 16:59 is ₹2,140.3.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Aug-2026 the market cap of Neogen Chemicals stood at ₹5,673.6 Cr

The latest P/E ratio of Neogen Chemicals as of 12-Aug-2026 is 108.7.

The latest P/B ratio of Neogen Chemicals as of 12-Aug-2026 is 5.49.

The 52-week high of Neogen Chemicals is ₹2,370 and the 52-week low is ₹978.0.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Neogen Chemicals is ₹923 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Neogen Chemicals Ltd is a average quality company.

The key valuation ratios of Neogen Chemicals Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Neogen Chemicals Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

About Neogen Chemicals Ltd

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