Neogen Chemicals Ltd., a leading specialty chemicals manufacturer, has set an ambitious revenue target of ₹775–₹850 crore for FY26, despite facing operational setbacks earlier this year.
Growth Drivers & Expansion Strategy
- Electrolytes Business: Expected to contribute ₹300–₹500 crore in revenue.
- Dahej Facility Rebuilding: Following a fire incident in March 2025, Neogen is focused on restoring operations.
- Pakhajan Greenfield Site: Set to commence production in Q4 FY26, boosting long-term revenue potential.
Financial Outlook & Market Position
Neogen Chemicals anticipates 10% revenue growth over FY25, with a long-term target of ₹1,000–₹1,100 crore in FY27. The company has committed ₹1,500 crore in capital expenditure over two years, reinforcing its market leadership in battery materials and specialty chemicals.
With strategic investments and strong demand for battery materials, Neogen Chemicals is poised for sustained growth in the coming years.
For more updates on market trends and corporate earnings, stay tuned!