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← CockpitCompetitor Analysis › NEOGEN.NS Neogen Chemicals Ltd.Open in the cockpit ↗

Neogen Chemicals Ltd.NEOGEN.NSCompetitor analysis, valuation and peers

India · INR·Chemicals›Chemicals: Specialty
Momentum leader 94
Mkt cap
$809M
US dollars, full cap
Free float
50%
of shares outstanding
$/day
$5.67M
20-day average traded
Fwd P/E
109.3×
forward earnings
ROIC−WACC
-8.7 pp
WACC 12.4%
Hurdle
n/a
no reverse DCF
Next earnings
94 days
8 Feb 2027
Close · INR₹2,549
1D+5.8%
1W+17.4%
1M+4.8%
3M+25.4%
6M+47.3%
YTD+115.2%
1Y+74.0%
ATR %5.4%
Beta0.90
52w lowhigh8.5% off high

What Neogen Chemicals does

Employees: 989

Neogen Chemicals at a glance

Size Neogen Chemicals (NEOGEN.NS) is an India Materials company (Chemicals: Specialty) with a market value of $809M, the 664th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹2,549 on 6 Nov 2026.

Performance Over six months the shares gained 47.3%, against -17.5% for the median peer and 0.0% for the India market (cap-weighted) — highest of 21 in its peer set.

Growth Revenue grew 26.7% over the last twelve months (peer median +6.4%); the operating margin is 13.6% (peer median 8.8%).

Valuation It trades at 109.3× forward earnings against a peer median of 20.2× (2nd most expensive of 16).

Capital Return on invested capital runs 8.7 points below its cost of capital (12.4% WACC).

Next results Next results expected around 8 Feb 2027 (exchange calendar; dates can move).

Relative performance

7510012515011 May 202611 Aug 20266 Nov 2026NEOGEN.NS 144Peer median 82
Six months, rebased to 100: Neogen Chemicals against the median of its 20 peers (local-currency closes).

Neogen Chemicals financials

Reported figures in INR; fiscal year ends 2026-03-31. TTM = trailing twelve months.
TTMFY2025FY2024FY2023FY2022
Revenue₹10.1B₹8.62B₹7.78B₹6.91B₹6.86B
Revenue growth—+11%+13%+1%—
Gross profit₹3.29B₹2.23B₹2.02B₹1.42B₹1.36B
EBITDA₹1.69B₹1.39B₹1.38B₹1.12B₹1.13B
Net income₹404M₹288M₹348M₹356M₹500M
Free cash flown/a-₹8.93B-₹1.68B-₹3.65B-₹1.57B
Capital expendituren/a₹5.56B₹3.18B₹3.03B₹1.04B
Total debt₹16.4B₹14.0B₹5.97B₹4.09B₹3.70B

Quarterly statements and history in the cockpit →

Neogen Chemicals competitor charts

The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.

Performance: 6-month against 1-month return

-40%-20%0%+20%+40%-20%0%+20%688720603867301565603931NEO301092310168838660069160398000210213143001744220002057ALKYLAMINEKINGFA002810DQNEOGEN.NS6-month return →1-month return →
Up and to the right = strong over both horizons. Neogen Chemicals is the large dot.

Fundamentals: revenue growth against valuation

-50%-25%0%+25%0×100×200×688720603867301565603931NEO3010923101688386600691002102002057ALKYLAMINENEOGEN.NSRevenue growth (TTM) →Forward P/E →
Further right = faster growth; higher = more expensive. The dashed lines are the peer medians. Neogen Chemicals is the large dot.

Neogen Chemicals competitors and peer comparison

How Neogen Chemicals compares with its peers

Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.

Neogen Chemicals against its 20 peers (data as of 6 Nov 2026)
MeasureNEOGEN.NSPeer medianRank in peer set
1-month return+4.8%-15.4%3rd highest of 21
6-month return+47.3%-17.5%highest of 21
Distance from 52-week high-8.5%-43.9%highest of 21
Revenue growth (TTM)+26.7%+6.4%3rd highest of 21
Operating margin13.6%8.8%5th highest of 21
Forward P/E109.3×20.2×2nd most expensive of 16
ROIC minus cost of capital-8.7 pp-3.9 pp2nd lowest of 21
EV / EBITDA52.1×15.3×most expensive of 9
Net debt / EBITDA7.1×-0.3×most indebted of 9

Peer table

Peer set: Industry: the same industry and sector in any market, nearest in size
CompanyMarketMarket cap6M returnRevenue growthOp. marginForward P/EReq gDelivered g
Neogen Chemicals NEOGEN.NSIndia$809M+47%+27%14%109.3×n/an/a
Jiangsu Aisen Semiconductor Material 688720.SSChina$817M-21%+29%5%40.2×n/an/a
Zhejiang Xinhua Chemical 603867.SSChina$817M-27%+7%10%16.1×12.8%+4.9%
Sinolong New Materials 301565.SZChina$799M-27%+20%1%23.9×n/an/a
Hangzhou Greenda Electronic Materials 603931.SSChina$797M-31%-4%20%39.7×21.4%+1.4%
Neo Performance Materials NEO.TOCanada$821M-13%+24%14%12.2×n/an/a
Zhejiang Zhengguang Industrial 301092.SZChina$823M-1%-5%13%53.7×n/an/a
Toyobo 3101.TJapan$793M-1%+2%7%13.6×2.0%+4.6%
Pan Asian Microvent Tech (Jiangsu) 688386.SSChina$792M-40%+37%18%40.7×n/an/a
Shanxi Lu'an Chemical Technology 600691.SSChina$827M-31%-14%-8%232.0×27.2%-11.2%
Zhejiang Jihua 603980.SSChina$788M+22%+2%2%n/a27.0%-3.6%
HuBei NengTer Technology 002102.SZChina$832M-12%-59%-3%16.6×n/an/a
Sichuan Lutianhua Company Limited By Shares 000912.SZChina$785M-31%-5%-4%n/an/an/a
China Petrochemical Development 1314.TWTaiwan$833M-1%-35%-18%n/an/an/a
Fujian Yuanli Active Carbon 300174.SZChina$840M-14%+7%9%20.2×17.3%+10.1%
Riken Technos 4220.TJapan$771M+46%+6%11%10.4×-4.8%+8.3%
Sinosteel New Materials 002057.SZChina$849M-22%+13%9%12.3×12.4%+13.5%
Alkyl Amines Chemicals ALKYLAMINE.NSIndia$849M-9%+13%17%37.4×36.2%+4.3%
Kingfa Science & Technology (India) KINGFA.NSIndia$849M+20%+24%14%n/an/an/a
Shandong Head 002810.SZChina$855M-38%+16%21%14.2×-1.6%+7.9%
Daqo New Energy Corp Sponsored ADR DQUnited States$856M-32%-21%-70%n/an/an/a

Questions

Which companies are Neogen Chemicals's closest peers?
The cockpit's peer set: Jiangsu Aisen Semiconductor Material (688720.SS), Zhejiang Xinhua Chemical (603867.SS), Sinolong New Materials (301565.SZ), Hangzhou Greenda Electronic Materials (603931.SS), Neo Performance Materials (NEO.TO), Zhejiang Zhengguang Industrial (301092.SZ), Toyobo (3101.T), Pan Asian Microvent Tech (Jiangsu) (688386.SS).
Is Neogen Chemicals expensive compared with its peers?
On forward p/e it trades at 109.3× against a peer median of 20.2×, 2nd most expensive of 16 in its peer set.
How has Neogen Chemicals stock performed?
Over six months to 6 Nov 2026 the shares returned +47.3% against -17.5% for the median peer; over one year +74.0%.

How these numbers are made. Returns are close-to-close in local currency. Revenue growth and margins are trailing twelve months. Req g is the revenue growth that today's enterprise value requires for seven years at the company's own cost of capital; Delivered g is what it actually grew; the gap is the hurdle (honest precision about ±8 points, so read the ranking more than the decimal). No fair values, price targets or analyst ratings are shown, by design. Method and validation.