Neogen Chemicals Limited — Important, 26-05-2025: General Updates

Neogen Chemicals has announced a board meeting to approve the financial results for the quarter and half-year. Despite a fire at its Dahej plant affecting operations, FY25 revenue grew 13% to Rs. 778 crore with a 24% EBITDA rise. FY26 revenue guidance is revised to Rs. 775-850 crore for the legacy business. Battery chemicals are expected to generate around Rs. 300 crore in FY26, scaling beyond Rs. 1,000 crore by FY27, supported by capacity expansions and a JV with Morita Chemicals. The Dahej plant’s replacement is set for Q4 FY26, with steady legacy EBITDA margins of ~18%.