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Specialty Chemicals
Quarterly Result9 Nov 2025, 02:01 pm

Neogen Chemicals Reports 8% YoY Revenue Growth in Q2 FY26 Despite Dahej Plant Unavailability

AI Summary

Neogen Chemicals Limited reported steady financial performance for the second quarter and half-year ended 30 September, 2025. Despite the unavailability of the Dahej plant, the company's revenues stood at INR 209 crore, higher by 8% YoY, driven by sustained demand and higher volumes across base business and organolithium portfolio. However, EBITDA percentage was constrained by higher employee costs, sharp increase in insurance premiums, and job work/conversion costs. The profit after tax for Q2 FY26 stood at INR 3 crore, impacted by increased finance costs and ongoing expansion initiatives. The company remains strategically focused on high-growth battery materials segment and the swift Dahej organic plant recovery.

Key Highlights

  • 8% YoY growth in revenues despite Dahej plant unavailability
  • Higher volumes across base business and organolithium portfolio
  • Constrained EBITDA percentage due to higher employee costs, insurance premiums, and job work/conversion costs
  • Impact on profit after tax due to increased finance costs and ongoing expansion initiatives
  • Strategic focus on high-growth battery materials segment and Dahej organic plant recovery
NEOGEN
Specialty Chemicals
Neogen Chemicals Ltd

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