Specialty Chemicals company Neogen Chemicals announced Q1FY26 results Revenues stood at Rs 187 crore, higher by 4% YoY. EBITDA for Q1FY26 is Rs 32 crore, higher by 2% YoY. EBITDA Margin stood at 16.9%. Profit after tax for Q1FY26 stood at Rs 10 crore. PAT largely mirrored operational performance. Earnings per share (EPS) for Q1FY26 stood at Rs 3.89 per share (Rs 4.35 per share in Q1FY25) not annualised. Haridas Kanani, Chairman & Managing Director, Neogen Chemicals said: "We delivered a resilient performance in Q1FY26, demonstrating the inherent strength of our diversified business model, even with our Dahej plant unavailable for the entire quarter due to the unfortunate fire. Volume-driven growth was propelled by our base business. Additionally, Neogen Ionics began contributing by initiating Commercial Sales in both Electrolyte and Lithium Electrolyte Salts. Despite the prevailing soft pricing environment, we effectively maintained our performance showcasing the strength and agility of our business model. Our strategic initiatives are moving forward with good momentum, as is our recovery from the fire incident. We have secured initial insurance claims and the rebuilding of our Dahej plant is progressing swiftly aiming for completion by next year. Concurrently, our greenfield facility at Pakhajan for Electrolyte and Lithium Salts is taking shape, with key milestones accomplished and vital equipment ordered. This project is a cornerstone of our future growth. Looking ahead, our vision for Neogen Chemicals remains ambitious and clearly defined. The proposed JV with Morita is a testament to our long-term strategy, firmly positioning us in the rapidly growing battery chemicals sector. While we have adjusted our near-term revenue guidance to reflect current operational realities, our long-term trajectory is robust. We are confidently building a stronger, more diversified Company, ready to capitalize on future opportunities.” Result PDF
Conference Call with Neogen Chemicals Management and Analysts on Q1FY26 Performance and Outlook. Listen to the full earnings transcript.