Neogen Chemicals Share Price: Q3 Results ne udaayein hosh! PAT **63%** bhaga, Battery JV pe badi bet!

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AuthorKavya Nair|Published at:
Neogen Chemicals Share Price: Q3 Results ne udaayein hosh! PAT **63%** bhaga, Battery JV pe badi bet!
Overview

Arre bhaiyo, Neogen Chemicals ne Q3 FY26 mein kamaal kar diya! Company ka consolidated revenue **9%** badh kar **₹220 crore** ho gaya, aur toh aur, PAT toh **63%** zhananana kar **₹4 crore** tak pahunch gaya! Sabse mast baat ye hai ki company ab battery chemicals mein badi entry maar rahi hai, jisme ek naya India-Japan JV bhi shuru ho gaya hai.

Achanak numbers itne mast kaise aaye?

Neogen Chemicals ne apna Q3 FY26 ka performance reveal kiya hai aur figures kaafi solid hain. Consolidated revenue 9% badh kar ₹220 crore tak pahunch gaya hai, jo ki sales mein achha growth dikhata hai. Lekin asli dhamaka toh PAT mein hua hai! Consolidated Profit After Tax (PAT) mein 63% ka zabardast jump aaya, aur yeh ₹4 crore ho gaya. Agar standalone numbers dekhein, toh revenue 8% badh kar ₹216 crore raha aur PAT bhi 39% upar ₹9 crore par pahunch gaya.

Company ne bataya ki kuch temporary cost pressures the, jaise Neogen Ionics division ke liye kharcha badhna, fire incident ke baad insurance premiums, aur toll manufacturing expenses. Finance costs bhi thode zyada the Dahej plant ke reconstruction aur expansion ke karan. Lekin in sabke bawajood, PAT mein itna bada YoY growth dikhana asli operational strength ko darshata hai.

Battery Chemicals mein 'Badi Khelri' Neogen!

Sabse exciting part Neogen ka future plan hai, jo ki hai battery chemicals sector mein apna stake badhana. Company ne ek landmark Indo-Japan Joint Venture (JV) kiya hai Morita Investment Limited ke saath, jisme Neogen ka 80% stake hai. Yeh JV LiPF6 salt banane par focus karega, jo lithium-ion batteries ka sabse important component hai. Isse Neogen India ke liye import substitute banne mein madad karega aur global supply chains mein bhi important role play karega.

Capacity expansion bhi zoron par hai. Lithium Electrolyte Salts production ko 400 MTPA tak le jaane ka target hai, jisme se 200 MTPA already start ho chuka hai aur baaki trial phase mein hain. Aur bhi 1,100 MT by March 2026 aur 1,000 MT by Q1 FY27 tak add karne ka plan hai. Plus, Dahej mein 2,000 MT ka Electrolyte plant bhi fully operational ho gaya hai. Company ko major customers se Electrolyte aur Lithium Electrolyte Salts ke liye approvals bhi mil rahe hain.

Aage kya hai? Risks aur Opportunities

Neogen Chemicals EV battery materials ki badhti demand ka fayda uthane ke liye badi taiyari mein hai. US ke non-FEOC requirements, China mein potential price hikes aur 'Aatmanirbhar Bharat' initiative iske growth drivers hain. Company ko FY27 ke pehle half tak lithium salts ke liye major customer approvals milne ki ummeed hai, jo revenues ko boost kar sakte hain. Neogen Ionics future growth ka main pillar banega.

Par haan, execution risks bhi hain. Nayi capacities ko properly ramp up karna, customer approvals time par milna aur naye technologies ko integrate karna important hoga. Fire incident ke liye ₹83.48 crore ke insurance claims mil chuke hain aur Dahej plant ka reconstruction Q1 FY27 tak complete hone ki ummeed hai. Promoter Group ko ₹150 crore ka preferential issue approve hua hai, jo company ke confidence ko dikhata hai.

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