Integrated Filing — IndAS



General information about company

Scrip Code 542665
NSE Symbol NEOGEN
MSEI Symbol NOTLISTED
ISIN INE136S01016
Name of company Neogen Chemicals Limited
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 11-02-2026
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 06-02-2026
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Third quarter
Nature of report standalone or consolidated Consolidated
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment Specialty Chemicals
Start date and time of board meeting 11-02-2026   14:30:00
End date and time of board meeting 11-02-2026   19:30:00
Whether cash flow statement is applicable on company
Type of cash flow statement
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
1 Income
Revenue from operations 22,002.00 61,540.00
Other income 209.00 515.00
Total income 22,211.00 62,055.00
2 Expenses
(a) Cost of materials consumed 19,194.00 47,329.00
(b) Purchases of stock-in-trade 0.00 0.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade (7,557.00) (14,363.00)
(d) Employee benefit expense 2,602.00 6,988.00
(e) Finance costs 2,151.00 5,365.00
(f) Depreciation, depletion and amortisation expense 683.00 1,992.00
(f) Other Expenses
1 Other Expenses 4,573.00 12,249.00
Total other expenses 4,573.00 12,249.00
Total expenses 21,646.00 59,560.00
3 Total profit before exceptional items and tax 565.00 2,495.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 565.00 2,495.00
6 Tax expense
7 Current tax 263.00 1,117.00
8 Deferred tax (56.00) (330.00)
9 Total tax expenses 207.00 787.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 358.00 1,708.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 11.00 25.00
16 Total profit (loss) for period 369.00 1,733.00
17 Other comprehensive income net of taxes 2.00 (18.00)
18 Total Comprehensive Income for the period 371.00 1,715.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent 0.00 0.00
Total profit or loss, attributable to non-controlling interests 0.00 0.00
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent 0.00 0.00
Total comprehensive income for the period attributable to owners of parent non-controlling interests 0.00 0.00
21 Details of equity share capital
Paid-up equity share capital 2,638.00 2,638.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1.4 6.57
Diluted earnings (loss) per share from continuing operations 1.4 6.57
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1.4 6.57
Diluted earnings (loss) per share from continuing and discontinued operations 1.4 6.57
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) 1. Pursuant to SEBI Operational Circular for Issue and Listing of Non-Convertible Securities, Securitised Debt Instruments, Security Receipts, Municipal Debt Securities and Commercial Paper dated 10th August, 2021, the Holding Company has listed Non- Convertible Debentures (NCDs) on Bombay Stock Exchange (BSE). The Holding Company has listed Non-convertible debenture on BSE on August 14, 2025, and accordingly the Holding company has complied with the disclosure requirements specified under Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulation 2015 from quarter ended September 30, 2025 onwards. The Ratios specified under Regulation 52(4) have been presented for the quarter ended September 30, 2025 and December 31, 2025 and nine month ended December 31, 2025. Except for period specified herein the ratios was not applicable in previous periods as the Holding Company had no listed non-convertible debt securities in those periods. The Holding Company is rated by leading credit rating agency Crisil Limited. Crisil has assigned the rating Crisil A1 and Crisil A/ Negative for its short term facilities and long term facilities (including NCDs) respectively. 2. The above unaudited consolidated financial results of the Group for the quarter and nine months ended December 31, 2025 have been prepared in accordance with the IND AS, as prescribed under section 133 of the Companies Act, 2013 read with the Companies (Indian Accounting Standards) Rules, 2015 as amended and are in compliance with the presentation and disclosure requirement of Regulations 33 and Regulations 52 of the Securities and Exchange Board of India (Listing Obligations & Disclosure Requirements) Regulations, 2015 as amended and the other accounting principles generally accepted in India and were reviewed by the Statutory Auditor and recommended by the Audit Committee in its meeting held on February 11, 2026 and was approved by the Board of Directors at their meeting held on February 11, 2026. 3. The unaudited financial results of Dhara Fine chem Industries (a joint venture where the Holding Company is holding 90% of the capital contribution), the wholly owned subsidiaries of the Holding Company namely Neogen Ionics Limited and Neogen Chemicals Japan Corporation Limited for the quarter and nine months ended December 31, 2025 and of a Step down subsidiary - Neogen Morita New Materials Limited for the quarter ended December 31, 2025 and period from July 30, 2025 to December 31, 2025 is considered for Unaudited Consolidated Financial Results of the Group. 4. On March 05, 2025 there was fire at Multi-Purpose Plant (MPP3) - Facility, Tank Farms and warehouse at Dahej SEZ Plant of the Group. This incident led to damage of certain property, plant and equipment, inventory and interrupted business. The Group is adequately insured for reinstatement value of damaged fixed assets, inventory and loss of profits due to business interruption. The Group has intimated the fire incident with the insurance company and submitted loss estimate pertaining to replacement value of the damaged property, plant and equipment, loss of damaged inventory and incidental expenses incurred on account of fire. The Claim is admitted by the insurance company. During the financial year and quarter ended March 31, 2025, the Group has recognised loss of Rs. 362.90 Crore on account of damage to certain property, plant & equipment, inventory and estimated cost of incidental charges. The Group has recognised insurance claim receivable of Rs. 348.82 Crore to the extent of recovery of loss after adjusting applicable deductibility considering its assessment of loss and admissibility of claims as per the policy, adequacy of coverage and nature of loss and based upon the independent opinion obtained by the Group from Independent Surveyor and Independent Expert Practitioner. The Group has not accounted claim for loss of profit due to business interruption and excess value of reinstatement of assets over written down value as per accounting conservatism. The aforementioned losses and corresponding insurance claim has been presented on a net basis of Rs. 14.08 Crore under exceptional item in these Consolidated financial results for the previous quarter and year ended March 31, 2025. During the nine month ended December 31, 2025, Group has received Rs. 83.48 Crore (Rs. 80.00 Crore as on account payment from insurance company and balance Rs. 3.48 Crore pertains to sale of scrap). 5. On November 21, 2025, the Government of India notified four Labour Codes, effective immediately, replacing the existing 29 labour laws. In accordance with Ind AS 19 - Employee benefits, changes to employee benefit plans arising from legislative amendments are treated as plan amendments, requiring immediate recognition of past service cost in the Statement of Profit and Loss. This approach is consistent with the guidance issued by the Institute of Chartered Accountants of India. The implementation of the Labour Codes has resulted in an increase of Rs. 0.10 Crore in the provision for defined benefit obligation, which has been recognised as an employee benefit expense in the current reporting period. The Group continues to monitor the finalisation of Central and State Rules, as well as Government clarifications on other aspects of the Labour Codes, and will incorporate appropriate accounting treatment based on these developments as required. 6. Previous period / year's figures have been regrouped / rearranged wherever necessary to make them comparable with the current period's classification. 7. The Group deals in Specialty chemicals and considering that the nature of products and the predominant risk and returns of the products are similar, the Group considers it as one operating segment. 8. For more details on results, visit investor relations section of the Company's website at https://neogenchem.com/financial-performance/ and financial result under corporates section of Stock Exchange's website at www.nseindia.com and www.bseindia.com.



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-10-2025 01-04-2025
Date of end of reporting period 31-12-2025 31-12-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Consolidated Consolidated
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-10-2025 01-04-2025
B Date of end of reporting period 31-12-2025 31-12-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Consolidated Consolidated
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
1 Items that will not reclassified to profit or loss 8.00 (19.00)
Total Amount of items that will not be reclassified to profit and loss 8.00 (19.00)
2 Income tax relating to items that will not be reclassified to profit or loss 2.00 (5.00)
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss 4.00 4.00
5 Total Other comprehensive income 2.00 (18.00)





Details of Impact of Audit Qualification

Amount in (Lakhs)

Whether results are audited or unaudited Unaudited
Declaration of unmodified opinion or statement on impact of audit qualification Declaration of unmodified opinion
Auditor's opinion
Declaration pursuant to Regulation 33 (3) (d) of SEBI (LODR) Regulation, 2015: The company declares that its Statutory Auditor/s have issued an Audit Report with unmodified opinion for the period on Standalone results Yes
Sr No. Audit firm's name Whether the firm holds a valid peer review certificate issued by Peer Review Board of ICAI Certificate valid upto
1 M/s. Chandabhoy & Jassoobhoy, Chartered Accountants Yes 31-10-2026