Neogen Chemicals Key Ratios
NSE: NEOGEN | BSE: 542665
₹2,770.20
As on 11-Nov-2026IST
Market cap
₹8,335 Cr
Revenue (TTM)
₹1,013 Cr
P/E Ratio
206.2
P/B Ratio
5.3
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 18.25 | 41.84 | 26.66 | 12.22 | 21.94 |
| EBIT | -8.74 | 61.28 | 30.70 | 12.45 | 16.70 |
| Net Profit | -51.90 | 144.21 | 14.19 | -4.68 | 2.13 |
| EPS | -56.13 | 114.60 | 48.93 | -7.72 | -1.16 |
| Book Value | -- | -- | 3.41 | 16.94 | 31.58 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 14.65 | 13.72 | 13.62 | 12.73 | 13.96 |
| Net Margin
| 5.79 | 5.85 | 3.91 | 3.31 | 4.46 |
| Return on equity
| 6.13 | 7.80 | 3.38 | 3.58 | 4.50 |
| Return on Capital
| 10.07 | 10.31 | -- | 6.64 | 7.86 |
| Return on Assets
| 3.01 | 3.71 | 1.27 | 1.24 | 2.17 |
| Debt to Equity (x)
| -- | -- | 0.54 | 1.63 | 0.72 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
6.64
|
7.86
|
9.49
|
13.25
|
|
Peer Median
|
--
|
12.73
|
11.60
|
--
|
--
|
ROE
3.38
Lower than Peers by 5.33
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
3.38
|
3.58
|
4.50
|
5.74
|
10.84
|
|
Peer Median
|
8.70
|
11.28
|
9.89
|
--
|
--
|
ROA
1.27
Lower than Peers by 3.97
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.27
|
1.24
|
2.17
|
2.83
|
5.39
|
|
Peer Median
|
5.25
|
6.34
|
4.67
|
--
|
--
|
EBIT Margin
13.62
Higher than Peers by 4.11
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
13.62
|
12.73
|
13.96
|
12.62
|
13.91
|
|
Peer Median
|
9.51
|
10.44
|
9.10
|
--
|
--
|
Net Margin
3.91
Lower than Peers by 2.72
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
3.91
|
3.31
|
4.46
|
5.11
|
7.24
|
|
Peer Median
|
6.63
|
7.40
|
5.16
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
6.51
|
8.01
|
8.42
|
9.64
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
26.66
Higher than Peers by 18.04
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
26.66
|
10.85
|
12.58
|
0.65
|
40.83
|
|
Peer Median
|
8.62
|
17.44
|
5.26
|
--
|
--
|
EBIT Growth
30.70
Higher than Peers by 22.53
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
30.70
|
1.14
|
24.49
|
-8.64
|
27.40
|
|
Peer Median
|
8.16
|
22.48
|
-4.44
|
--
|
--
|
Net Profit Growth
14.19
Higher than Peers by 7.65
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
14.19
|
-17.46
|
-2.30
|
-28.66
|
11.97
|
|
Peer Median
|
6.54
|
40.86
|
2.87
|
--
|
--
|
EPS Growth
48.93
Higher than Peers by 44.58
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
48.93
|
-17.46
|
-2.30
|
-32.55
|
11.97
|
|
Peer Median
|
4.35
|
27.91
|
-1.64
|
--
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
3.41
|
3.83
|
57.57
|
9.85
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.54
Higher than Peers by 0.52
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
0.54
|
1.63
|
0.72
|
0.52
|
0.75
|
|
Peer Median
|
0.03
|
0.25
|
0.30
|
--
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
0.51
|
0.45
|
0.32
|
0.42
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.35
Lower than Peers by 0.23
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.35
|
1.17
|
1.36
|
1.49
|
1.60
|
|
Peer Median
|
1.57
|
1.63
|
1.43
|
--
|
--
|
Quick Ratio
0.84
Lower than Peers by 0.16
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
0.84
|
0.69
|
0.94
|
0.76
|
0.89
|
|
Peer Median
|
1.00
|
1.04
|
1.01
|
--
|
--
|
Interest Coverage
1.63
Lower than Peers by 6.44
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.63
|
1.55
|
2.03
|
2.25
|
3.45
|
|
Peer Median
|
8.07
|
8.59
|
5.73
|
--
|
--
|
Operating Efficiency
Debtors to sales
30.06
Higher than Peers by 15.64
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
30.06
|
44.13
|
25.75
|
40.79
|
25.85
|
|
Peer Median
|
14.42
|
17.30
|
13.98
|
--
|
--
|
Asset Turnover
0.32
Lower than Peers by 0.49
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
0.32
|
0.37
|
0.49
|
0.55
|
0.74
|
|
Peer Median
|
0.81
|
1.03
|
0.99
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
122.62
|
112.52
|
120.51
|
76.30
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
185.31
|
161.47
|
177.31
|
129.67
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
275.96
|
175.91
|
143.69
|
119.98
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
--
|
31.97
|
98.08
|
154.13
|
85.99
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
206.20
Higher than Peers by 181.32
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
206.20
|
102.04
|
117.02
|
88.26
|
64.03
|
|
Peer Median
|
24.88
|
24.88
|
27.42
|
--
|
--
|
Price / Book Value
5.28
Higher than Peers by 2.94
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
5.28
|
3.59
|
5.16
|
4.14
|
6.63
|
|
Peer Median
|
2.35
|
2.35
|
3.58
|
--
|
--
|
Dividend Yield
0.04
Lower than Peers by 0.37
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
0.04
|
0.09
|
0.06
|
0.17
|
0.23
|
|
Peer Median
|
0.41
|
0.41
|
0.41
|
--
|
--
|
EV/EBITDA
52.43
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
52.43
|
29.69
|
33.04
|
30.02
|
30.51
|
|
Peer Median
|
--
|
19.61
|
23.82
|
--
|
--
|
Market Cap
8,335
Higher than Peers by 4,847
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
8,335
|
2,934
|
4,076
|
3,147
|
3,200
|
|
Peer Median
|
3,487
|
2,057
|
2,419
|
--
|
--
|