Neogen Chemicals sets AGM date, reveals FY25 financials, strategic expansions

Neogen Chemicals announced its 36th Annual General Meeting (AGM) for September 26, 2025, to approve financial statements for FY2024-25 and declare a final dividend of ₹1 per equity share. The company reported standalone revenue of ₹773.65 crore and consolidated revenue of ₹777.56 crore for FY2024-25. Profit after tax was ₹48.41 crore (standalone) and ₹34.83 crore (consolidated). The cut-off date for voting eligibility and dividend is September 19, 2025.

The company continued its strategic expansion into battery materials through Neogen Ionics Limited, commissioning 2,000 MTPA electrolyte capacity and 200 MTPA lithium electrolyte salts and additives, with additional capacities planned. A fire at the Dahej SEZ plant on March 5, 2025, temporarily impacted production, but operations are expected to resume shortly, with a replacement plant under construction. Neogen also expanded its global footprint by incorporating Neogen Chemicals Japan Corporation Limited in July 2024 and is in discussions to establish a joint venture with Morita Chemical Industries Co. Limited for battery materials.

Key management changes include the appointment of Gopikrishnan Sarathy as cfo and Manoj Pati as independent director. The company introduced an employee growth program and granted 36,400 stock options. Total CSR spending for FY2024-25 was ₹128.39 lakh, focused on water management, environmental sustainability, education, and women's empowerment.