NEOGEN

Strong promoter confidence

🧾 Key Recent Developments 💰 Fund Raising (Important) Raised about ₹160+ crore via preferential allotment Promoters participated at a premium price (~₹1,610/share) 👉 Signals: Strong promoter confidence Capital likely for expansion, especially lithium segment 🔋 Lithium Chemicals Focus Strong push into lithium-ion battery chemicals Seen as a major future growth driver Capacity expansion (especially Dahej plant) underway 📈 Financial Performance Revenue growth remains moderate (~single-digit to low double-digit) Profit has seen pressure due to higher costs and investments Margins currently under stress due to: Expansion phase Raw material fluctuations 📅 Upcoming Trigger Q4 & FY26 results expected soon Market expecting: Improvement in revenue Gradual margin recovery 🧾 Corporate Activity Strong shareholder approval for fund raising Continued: Investor meetings Strategic focus on high-value specialty chemicals