Neogen Chemicals Ltd (NEOGEN) Q3FY26 Management Mirror - Dec-2025 Qtr
Revenue & Financial Outlook
Reaffirmed base business guidance in Dec'25 Qtr, expecting double-digit growth in FY27/FY28. This follows a steady outlook from Sep'25 Qtr (INR 950-1,000 crore target for FY27) and Jun'25 Qtr (INR 825-875 crore target for FY26).
Maintained FY27 battery chemicals revenue guidance of INR 400-500 crore in Dec'25 Qtr, consistent with the outlook established in Sep'25 Qtr after being adjusted downward from earlier expectations.
Lowered near-term battery chemicals revenue guidance significantly in Sep'25 Qtr to INR 30-40 crore (FY26) due to delayed demand, down from the ~INR 300 crore run-rate anticipated in Jun'25 Qtr.
4 more themes on the ELITE plan.