Neogen Chemicals Key Ratios
NSE: NEOGEN | BSE: 542665
₹2,136.40
As on 02-Sep-2026IST
Market cap
₹5,850 Cr
Revenue (TTM)
₹926 Cr
P/E Ratio
164.5
P/B Ratio
5.9
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 1.51 | 34.04 | 18.00 | 9.59 | 21.86 |
| EBIT | 10.25 | 55.58 | 12.50 | 8.45 | 15.91 |
| Net Profit | 50.22 | 66.76 | -17.28 | -9.90 | 1.77 |
| EPS | 44.73 | 60.67 | 3.85 | -12.09 | -1.05 |
| 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 | 13.40 | 12.73 | 13.96 |
| Net Margin
| 5.79 | 5.85 | 3.76 | 3.31 | 4.46 |
| Return on equity
| 6.13 | 7.80 | 4.40 | 3.58 | 4.50 |
| Return on Capital
| 10.07 | 10.31 | -- | 6.64 | 7.86 |
| Return on Assets
| 3.01 | 3.71 | 1.51 | 1.24 | 2.17 |
| Debt to Equity (x)
| -- | -- | 1.00 | 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
|
--
|
12.50
|
11.60
|
--
|
--
|
ROE
4.40
Lower than Peers by 3.96
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
4.40
|
3.58
|
4.50
|
5.74
|
10.84
|
|
Peer Median
|
8.36
|
11.28
|
9.89
|
--
|
--
|
ROA
1.51
Lower than Peers by 3.59
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.51
|
1.24
|
2.17
|
2.83
|
5.39
|
|
Peer Median
|
5.10
|
5.51
|
4.67
|
--
|
--
|
EBIT Margin
13.40
Higher than Peers by 3.96
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
13.40
|
12.73
|
13.96
|
12.62
|
13.91
|
|
Peer Median
|
9.44
|
11.01
|
9.10
|
--
|
--
|
Net Margin
3.76
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
|
3.76
|
3.31
|
4.46
|
5.11
|
7.24
|
|
Peer Median
|
6.48
|
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
18.00
Higher than Peers by 9.80
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
18.00
|
10.85
|
12.58
|
0.65
|
40.83
|
|
Peer Median
|
8.20
|
11.82
|
5.26
|
--
|
--
|
EBIT Growth
12.50
Higher than Peers by 5.07
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
12.50
|
1.14
|
24.49
|
-8.64
|
27.40
|
|
Peer Median
|
7.42
|
12.50
|
-4.44
|
--
|
--
|
Net Profit Growth
-17.28
Lower than Peers by 20.47
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
-17.28
|
-17.46
|
-2.30
|
-28.66
|
11.97
|
|
Peer Median
|
3.19
|
18.18
|
2.87
|
--
|
--
|
EPS Growth
3.85
Higher than Peers by 2.48
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
3.85
|
-17.46
|
-2.30
|
-32.55
|
11.97
|
|
Peer Median
|
1.37
|
12.64
|
-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
1.00
Higher than Peers by 0.98
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.00
|
1.63
|
0.72
|
0.52
|
0.75
|
|
Peer Median
|
0.03
|
0.28
|
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
1.17
Lower than Peers by 0.40
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.17
|
1.17
|
1.36
|
1.49
|
1.60
|
|
Peer Median
|
1.57
|
1.63
|
1.43
|
--
|
--
|
Quick Ratio
0.69
Lower than Peers by 0.30
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
0.69
|
0.69
|
0.94
|
0.76
|
0.89
|
|
Peer Median
|
0.99
|
0.99
|
1.01
|
--
|
--
|
Interest Coverage
1.60
Lower than Peers by 6.36
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
1.60
|
1.55
|
2.03
|
2.25
|
3.45
|
|
Peer Median
|
7.95
|
8.59
|
5.73
|
--
|
--
|
Operating Efficiency
Debtors to sales
41.10
Higher than Peers by 26.84
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
41.10
|
44.13
|
25.75
|
40.79
|
25.85
|
|
Peer Median
|
14.26
|
14.21
|
13.98
|
--
|
--
|
Asset Turnover
0.40
Lower than Peers by 0.41
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
0.40
|
0.37
|
0.49
|
0.55
|
0.74
|
|
Peer Median
|
0.81
|
0.99
|
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
164.51
Higher than Peers by 134.29
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
|
164.51
|
102.04
|
117.02
|
88.26
|
64.03
|
|
Peer Median
|
30.22
|
30.22
|
27.42
|
--
|
--
|
Price / Book Value
5.88
Higher than Peers by 3.08
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
|
5.88
|
3.59
|
5.16
|
4.14
|
6.63
|
|
Peer Median
|
2.80
|
2.80
|
3.58
|
--
|
--
|
Dividend Yield
0.05
Lower than Peers by 0.35
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
|
0.05
|
0.09
|
0.06
|
0.17
|
0.23
|
|
Peer Median
|
0.40
|
0.40
|
0.41
|
--
|
--
|
EV/EBITDA
44.07
--
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
|
44.07
|
29.69
|
33.04
|
30.02
|
30.51
|
|
Peer Median
|
--
|
24.60
|
23.82
|
--
|
--
|
Market Cap
5,850
Higher than Peers by 1,109
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Neogen Chemicals
|
5,850
|
2,934
|
4,076
|
3,147
|
3,200
|
|
Peer Median
|
4,741
|
3,145
|
2,419
|
--
|
--
|