Neogen Chemicals Ltd Analyst Rating
based on 8 analysts
75.00%
Buy
25.00%
Hold
0.00%
Sell
Based on 8 analysts offering long term price targets for Neogen Chemicals Ltd. An average target of ₹2241.5
Source: S&P Global Market Intelligence
Neogen Chemicals Ltd Share analysis
Neogen Chemicals Ltd price forecast by 8 analysts
Upside of9.72%
High
₹3600
Target
₹2241.50
Low
₹1586
Neogen Chemicals Ltd target price ₹2241.5, a slight upside of 9.72% compared to current price of ₹1971.35. According to 8 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Neogen Chemicals Ltd revenue growth forecast
Expected growth rate Q1, FY2026:90.17%
Forecast
Actual
Including amortisation and stock based compensations
Neogen Chemicals Ltd EPS growth forecast
EPS estimate Q1, FY2026:164.54%
Forecast
Actual
Source: S&P Global Market Intelligence
Neogen Chemicals Ltd Performance
Day's Low
Day's High
₹1,950.05₹2,06052 Week's Low
52 Week's High
₹1,176₹2,390
| Returns % | |
| 1 Month Return | -8.55 % |
| 3 Month Return | + 30.95 % |
| 1 Year Return | + 30.83 % |
| Market Stats | |
| Previous Close | ₹2,042.90 |
| Open | ₹2,040.00 |
| Volume | 33.38K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹5,389.51Cr |
Neogen Chemicals Ltd Key Statistics
| P/E Ratio | 142.36 |
| PEG Ratio | -27.75 |
| Market Cap | ₹5,389.51 Cr |
| P/B Ratio | 0 |
| EPS | 13.51 |
| Dividend Yield | 0.25 |
| Sector | Chemicals |
| ROE | 7.06 |
Neogen Chemicals Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹5,389.51 Cr | 82.15% | 0.67 | ₹35 Cr | ₹690 Cr | |
| NA | ₹297.21 Cr | 31.35% | 0.50 | -₹1 Cr | ₹145 Cr | |
| NA | ₹53.38 Cr | 174.92% | 0.61 | NA | NA | |
| HOLD | ₹19,005.07 Cr | 5.51% | 0.70 | ₹416 Cr | ₹6,372 Cr | |
| NA | ₹105.40 Cr | 147.3% | 0.66 | ₹11 Cr | ₹190 Cr |
About Neogen Chemicals Ltd
Share Price: ₹1971.35 per share as on 21 Oct, 2024 04:01 PM
Market Capitalisation: ₹5,389.51Cr as of today
Revenue: ₹179.95Cr as on June 2024 (Q2 24)
Net Profit: ₹11.47Cr as on June 2024 (Q2 24)
Listing date: 08 May, 2019
Chairperson Name: Haridas Thakarshi Kanani
| Organisation | Neogen Chemicals Ltd |
| Headquarters | Thane |
| Industry | Chemicals |
| E-voting on shares | Click here to vote |
Key events for Neogen Chemicals Ltd
Neogen Chemicals Shares Surge on Positive Brokerage Rating - 24 Sep, 2024
Neogen Chemicals' shares rose 6% after Axis Capital initiated coverage with an 'Add' rating and a target price of Rs 2,440. The company is expected to achieve an 18% CAGR in its core business from FY24-27, driven by capacity utilization and growing demand for electrolytes for EV batteries. Neogen's strategic partnerships and funding position it well for future growth.
Neogen Chemicals Hits New High Amid Strong Demand - 19 Sep, 2024
Neogen Chemicals shares surged 13% to a record Rs 2,140, extending a two-week rally of 46%. The company remains optimistic about long-term growth in the chemicals sector, driven by favorable government policies and demand for eco-friendly specialty chemicals.
Neogen Chemicals Gains on Positive Brokerage Rating - 17 Sep, 2024
Neogen Chemicals shares rose over 12% after Avendus Spark initiated coverage with a buy rating, projecting a 111% upside to ₹3,600 in 12 months. The firm highlights Neogen's advantages in the lithium market and anticipates significant revenue growth, despite potential risks in the EV sector.
Neogen Partners for EV Battery Electrolytes Production - 14 Sep, 2024
Neogen Chemicals has partnered with MU Ionic Solutions to manufacture electrolytes for EV batteries in India, with a planned capacity of 30,000 MT per annum by 2025. The company reported a 9% YoY revenue growth and a 10% increase in net profit. However, the stock has seen a decline of 15.5% over the past year, with a slight 1.6% gain year-to-date.
NSE Issues Warning to Neogen Chemicals Personnel - 03 Sep, 2024
The National Stock Exchange has issued an administrative warning to Navin Jha, GM-Marketing of Neogen Chemicals, for trading during the trading window closure period.
Insights on Neogen Chemicals Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTPrice Rise
In the last 3 months, NEOGEN stock has moved up by 31.0%
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 15.92% to 18.12% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 4.65% to 8.17% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, PCBL Ltd has given 316.1% return, outperforming this stock by 252.5%
- NO EFFECT
Against Peers
In the last 1 year, PCBL Ltd has given 158.4% return, outperforming this stock by 127.6%
NEGATIVE IMPACTMF Holding Down
Mutual Funds have decreased holdings from 20.38% to 19.96% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 16.93 Cr → 11.47 Cr (in ₹), with an average decrease of 32.3% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 56.89% to 51.23% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 201.88 Cr → 181.54 Cr (in ₹), with an average decrease of 10.1% per quarter
Neogen Chemicals Ltd Financials
Index Inclusions
Neogen Chemicals Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 51.23% | ||
| Foreign Institutions | 8.17% | 75.82 | |
| Mutual Funds | 19.96% | ||
| Retail Investors | 18.12% | 13.82 | |
| Others | 2.52% | 16.49 |
Neogen Chemicals Ltd Key Indicators
Neogen Chemicals Ltd Valuation
Neogen Chemicals Ltd in the last 5 years
Lowest (23.91x)
March 25, 2020
Industry (62.81x)
October 18, 2024
Today (142.36x)
October 18, 2024
Highest (162.88x)
September 20, 2024
Neogen Chemicals Ltd Earnings and Dividends
Neogen Chemicals Ltd Earnings Results
Neogen Chemicals Ltd’s net profit jumped 17.64% since last year same period to ₹11.47Cr in the Q1 2024-2025. On a quarterly growth basis, Neogen Chemicals Ltd has generated -32.25% fall in its net profits since last 3-months.
Read More about Earnings ResultsNeogen Chemicals Ltd Dividends April,2024
In the quarter ending March 2024, Neogen Chemicals Ltd has declared dividend of ₹2 - translating a dividend yield of 0.25%.
Read More about Dividends
Neogen Chemicals Ltd Technicals Summary
Bearish
Neutral
Bullish
Neogen Chemicals Ltd is currently in a Bullish trading position according to technical analysis indicators.
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Neogen Chemicals Ltd (NEOGEN) share price today is ₹1971.35
Neogen Chemicals Ltd is listed on NSE
Neogen Chemicals Ltd is listed on BSE
- Today’s highest price of Neogen Chemicals Ltd is ₹2060.
- Today’s lowest price of Neogen Chemicals Ltd is ₹1950.05.
PE Ratio of Neogen Chemicals Ltd is 142.36
PE ratio = Neogen Chemicals Ltd Market price per share / Neogen Chemicals Ltd Earnings per share
Today’s traded volume of Neogen Chemicals Ltd(NEOGEN) is 33.38K.
Today’s market capitalisation of Neogen Chemicals Ltd(NEOGEN) is ₹5389.51Cr.
| Neogen Chemicals Ltd(NEOGEN | Price |
|---|---|
52 Week High | ₹2390 |
52 Week Low | ₹1176 |
Neogen Chemicals Ltd(NEOGEN) share price is ₹1971.35. It is down -17.52% from its 52 Week High price of ₹2390
Neogen Chemicals Ltd(NEOGEN) share price is ₹1971.35. It is up 67.63% from its 52 Week Low price of ₹1176
| Neogen Chemicals Ltd(NEOGEN | Returns |
|---|---|
1 Day Returns | -71.55% |
1 Month Returns | -8.55% |
3 Month Returns | 30.95% |
1 Year Returns | 30.83% |