Neogen Chemicals Ltd - Stock Valuation and Financial Performance

BSE: 542665 | NSE: NEOGEN | Chemicals | Small Cap

Neogen Chemicals Share Price

2,179 84.95 4.06%
as on 11-Oct'24 16:01

DeciZen - make an informed investing decision on Neogen Chemicals

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Neogen Chemicals stock performance -

mw4me loader
P/E Ratio (SA):
126.70
Market Cap:
5,709 Cr.
52-wk low:
1,148.8
52-wk high:
2,386

Is Neogen Chemicals Ltd an attractive stock to invest in?

1. Is Neogen Chemicals Ltd a good quality company?

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

2. Is Neogen Chemicals Ltd undervalued or overvalued?

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

3. Is Neogen Chemicals Ltd a good buy now?

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

10 Year X-Ray of Neogen Chemicals:

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

Value Creation Index Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 27.4%26.1%23.1%22.9%25.5%21.9%16.8%14.3%13.3%10.5%-
Value Creation
Index
1.00.90.70.70.80.60.20.0-0.1-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 83.9100110161239306336487686696693
Sales YoY Gr.-19.5%9.7%46.4%48.4%28.1%9.9%44.8%40.8%1.5%-
Adj EPS 2.42.63.85.210.512.313.417.92016.717.1
YoY Gr.-7.9%47.1%35.4%103.7%17%8.6%33.8%12.1%-16.8%-
BVPS (₹) 11.813.82125.335.167.278.5176.2193.5290.2294.8
Adj Net
Profit
4.85.27.610.321.128.731.244.6504445
Cash Flow from Ops. 8.78.60.311.8-3.8-34.183.31.2-30.4-115-
Debt/CF from Ops. 2.83.1264.67-31.8-42.6187.3-11.9-3.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 26.5%23.8%27.4%1.5%
Adj EPS 24%9.7%7.7%-16.8%
BVPS42.8%52.6%54.6%49.9%
Share Price - 43.7% 20.6% 26.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
22.320.321.922.334.925.318.414.310.87.15.8
Op. Profit
Mgn %
15.114.118.21818.31919.117.816.316.616.5
Net Profit
Mgn %
5.75.26.96.48.89.49.39.27.36.36.5
Debt to
Equity
111.61.61.70.91.20.50.80.5-
Working Cap
Days
201189227224193211223235253400189
Cash Conv.
Cycle
756769908612210811213020067

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 27.44%

Debt to equity has declined versus last 3 years average to 0.50

Return on Equity has declined versus last 3 years average to 5.80%

Net Profit has been subdued in last 3 years 7.66%

Sales growth is not so good in last 4 quarters at -1.27%

Latest Financials - Neogen Chemicals Ltd.

Standalone Consolidated
TTM EPS (₹) 17.1 14.2
TTM Sales (₹ Cr.) 693 706
BVPS (₹.) 294.8 292.5
Reserves (₹ Cr.) 751 745
P/BV 7.34 7.40
PE 126.70 152.73
From the Market
52 Week Low / High (₹) 1148.80 / 2385.95
All Time Low / High (₹) 240.55 / 2385.95
Market Cap (₹ Cr.) 5,709
Equity (₹ Cr.) 26.4
Face Value (₹) 10
Industry PE 60.1

Management X-Ray of Neogen Chemicals:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Neogen Chemicals

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales84100110161239306336487686696
Operating Expenses 718690132196248272401575581
Manufacturing Costs11121321303442739387
Material Costs50616495141184198275389397
Employee Cost 5559111720324753
Other Costs 6987141313224644
Operating Profit 1314202943586487112116
Operating Profit Margin (%) 15.1%14.1%18.2%18.0%18.2%19.0%19.1%17.8%16.3%16.6%
Other Income 1001101159
Interest 55810121214192941
Depreciation 1112357121620
Exceptional Items 0000000000
Profit Before Tax 881218294144577164
Tax 334781213122120
Profit After Tax 55811212931455044
PAT Margin (%) 6.1%5.2%7.0%6.6%8.8%9.4%9.3%9.2%7.3%6.3%
Adjusted EPS (₹)2.52.63.95.410.512.313.517.920.116.7
Dividend Payout Ratio (%)18%17%0%19%14%16%17%15%15%12%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2328425170157183439483765
Share Capital 5202020202323252526
Reserves 198223150133160414458739
Minority Interest0000000000
Debt23256780116132202198333357
Long Term Debt5537385130116122129124
Short Term Debt18203041651028676204233
Trade Payables1622313743366699157140
Others Liabilities 6612141830416481116
Total Liabilities 69801521812473554928001,0541,378

Fixed Assets

Gross Block1420606988120144313390406
Accumulated Depreciation123251017284261
Net Fixed Assets1317566783111127285347345
CWIP 011103115113656
Investments 0000000817725
Inventories2432405072130114195293373
Trade Receivables18163241617579110177268
Cash Equivalents 223221145211
Others Assets1112191928355673103311
Total Assets 69801521812473554928001,0541,378

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 99012-4-34831-30-115
PBT 881218294144577164
Adjustment 56712172213244651
Changes in Working Capital -2-3-15-14-45-8537-70-136-220
Tax Paid -3-3-4-4-6-13-10-10-12-10
Cash Flow From Investing Activity -2-4-33-13-20-29-134-146-94-122
Capex -2-5-33-14-18-27-23-170-104-60
Net Investments 00-10000000
Others 0001-2-2-111249-63
Cash Flow From Financing Activity -6-4330246251188100217
Net Proceeds from Shares 000007002250247
Net Proceeds from Borrowing -1019138170000
Interest Paid -5-4-6-8-10-12-14-19-29-41
Dividend Paid -1-10-3-2-4-5-5-7-7
Others 022110-2-869-1213619
Net Cash Flow 101-10-1044-25-20
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)23.6120.322.2823.0934.7625.3318.514.3710.867.06
ROCE (%)27.4226.1123.1322.9225.5421.9416.7714.3413.2610.48
Asset Turnover Ratio1.391.461.040.991.21.150.950.750.740.57
PAT to CFO Conversion(x)1.81.801.09-0.19-1.172.680.02-0.6-2.61
Working Capital Days
Receivable Days695772827371707076117
Inventory Days919410810087106111116130175
Payable Days1131141511301037894109120137

Neogen Chemicals Ltd Stock News

Neogen Chemicals Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Neogen Chemicals on 11-Oct-2024 16:01 is ₹2,179.
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 11-Oct-2024 16:01 the market cap of Neogen Chemicals stood at ₹5,709.
The latest P/E ratio of Neogen Chemicals as of 11-Oct-2024 16:01 is 126.7.
The latest P/B ratio of Neogen Chemicals as of 11-Oct-2024 16:01 is 7.34.
The 52-week high of Neogen Chemicals is ₹2,386 and the 52-week low is ₹1,148.8.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Neogen Chemicals is ₹693.0 ( Cr.) .

About Neogen Chemicals Ltd

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