Outcome of Board meeting held on 16-05-2026 approving amendments to "the Code for prevention of insider trading in the securities of the Company"
NEOGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Neogen Chemicals reported FY26 standalone revenue of Rs. 855.49 crore (up 10.6% from Rs. 773.65 crore in FY25), with net profit at Rs. 46.96 crore. The Board approved audited standalone and consolidated results with unmodified audit opinion. A final dividend of Rs. 1 per share was recommended for FY25-26, subject to shareholder approval. The Dahej SEZ fire incident (March 2025) resulted in Rs. 348.16 crore loss recognition, with Rs. 188.96 crore insurance claim still outstanding. Project costs for Neogen Ionics (WOS) were revised upward to Rs. 1,795 crore total due to technology changeover and higher localization requirements. The company also amended its Insider Trading Code.
Revenue growth of 10.6% YoY shows business resilience despite fire-related disruptions. Lower net profit vs FY25 reflects higher input costs and finance charges. Outstanding insurance claims and revised project timelines may impact near-term cash flows and execution timelines for investors.