Neogen Chemicals Ltd Share Price – NSE  / BSE

Chemicals, Small Cap

Net profit of Neogen Chemicals declined 69.25% to Rs 3.37 crore in the quarter ended September 2025 as against Rs 10.96 crore during the previous quarter ended September 2024. Sales rose 7.91% to Rs 208.66 crore in the quarter ended September 2025 as against Rs 193.36 crore during the previous quarter ended September 2024.

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Neogen Chemicals will hold a meeting of the Board of Directors of the Company on 8 November 2025.

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Morita Investment (MIL) is wholly owned subsidiary of Morita Chemicals Industries Co. (MCL).

Morita Chemicals which is a 100-plus year old Japanese chemicals company and is a leading player in lithium salt manufacturing globally for more than 30 years. It has presence across 31 nations globally and works in close cooperation with global battery manufacturers. In addition to its plants in Japan, it has 2 plants for LiPF6 in China and has presence in Europe and USA.

Neogen Ionics is a wholly owned subsidiary of the Company and is engaged in the manufacturing of Lithium-Ion Battery materials which includes manufacturing electrolytes and Lithium electrolyte salts needed for electrolytes and other speciality new generation organic and inorganic chemicals and allied activities. NIL has presence in India, having its plant located at Pakhajan, Gujarat and Dahej SEZ, Gujarat.

NIL and MIL have entered into a JVA with the object to utilise the technological and manufacturing capabilities of both organisations and to utilise these synergies to participate in the rapidly growing Lithium-Ion Battery business.

To facilitate the same both the parties shall invest in Neogen Morita New Materials Limited (NML) ? the wholly owned subsidiary of NIL.

NML shall carry on a business of production, development and sale of solid LiPF6 salt, (and other new materials, related products and services as may be decided by parties to the joint venture from time to time) which is a key ingredient for producing electrolyte used in Lithium-Ion Batteries.

NIL and MIL have agreed to invest in NML, provided that NIL shall own a minimum of 80% of the share capital of NML and MIL shall own a maximum of 20% of the share capital of NML.

?The amount of investment will be determined after the detailed engineering exercise and will be invested by NIL and MIL in the ratio of their shareholding,? the company said in a statement.

Neogen Chemicals is India's one of the leading manufacturers of bromine-based and Lithium-based specialty chemicals. Its products are used in pharmaceutical and agrochemical intermediates, engineering fluids, electronic chemicals, polymer additives, water treatment, construction chemicals, and aroma chemicals, flavours and fragrances, specialty polymers, chemicals and vapour absorption chillers ? original-equipment manufacturers and with new upcoming usage in lithium-ion battery materials for energy storage and electric vehicles (EV) application.

The company's consolidated net profit declined 10.55% to Rs 10.26 crore despite a 3.77% increase in revenue to Rs 186.73 crore in Q1 FY26 over Q1 FY25.

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Neogen Chemicals (Neogen) has successfully raised Rs 200 crore through the private placement of fully paid, secured, rated, listed, redeemable, rupee denominated, and non-cumulative, non-convertible debentures (NCDs).

The NCDs, rated CRISIL A/ Outlook Negative, were issued at a competitive 10.50% coupon rate, taking advantage of the falling interest rate environment. It has a tenure of up to 30 months, with interest payable on a monthly basis, and will be listed on the BSE. The issue was fully subscribed by prominent institutional investors.

These funds will provide financial flexibility to execute the ongoing growth projects. Most importantly, it will supply the liquidity to expedite the rebuilding of the Organic Chemicals plant in Dahej SEZ until insurance money is fully received.

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