Recommendation of Final Dividend of Re. 1 per equity share subject to approval of shareholders at the ensuing AGM.
NEOGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Neogen Chemicals Limited's Board has recommended a final dividend of ₹1 per equity share for FY2025-26, pending shareholder approval at the 37th AGM. The company reported total income of ₹871.31 crore for FY2026, up from ₹783.41 crore in FY2025. Net profit after tax stood at ₹46.96 crore compared to ₹48.41 crore in the previous year. EPS for FY2026 was ₹17.81. The record date for determining eligible dividend shareholders will be intimated separately. The Board also approved the audited financial results with an unmodified audit opinion from statutory auditors.
The modest ₹1 per share dividend reflects a conservative payout, consistent with previous year amounts. The stock may see limited positive reaction as the dividend is small. However, strong revenue growth and the company's ongoing recovery from the Dahej fire incident are key factors for long-term investors.