NEOGEN CHEMICALS chart

Last update: 2022-06-03
Key statistics and financials
Revenue per share 204.16
Dividend & Yield2.25₹ (0.17%)
Beta 1
Market capitalization 33.87B
Operating cash flow 14.1M
ESG Scores unknown

Company description

Neogen Chemicals Limited manufactures and sells specialty chemicals in India. It offers organo bromine compounds, such as alkyl bromide compounds, dibromoalkane compounds, bromo chloro alkanes, bromine derivatives of organoacids, bromoacid ester compounds, aromatic bromine derivatives, cyclic bromine derivatives, and speciality bromo fluro derivatives; speciality chloro compounds, unsaturated bromine derivatives, bromo hydroxy derivatives, and other compounds; inorganic bromine compounds and lithium salts; grignard reagents; and advance intermediates. The company also provides custom synthesis and manufacturing services. It serves pharmaceutical, agrochemical, engineering, flavour and fragrance, electronic-chemical, refrigeration, construction chemicals, pharmaceutical, and specialty polymer industries, as well as heating, ventilation, and air-conditioning industries. The company also exports its products to 28 countries. Neogen Chemicals Limited was incorporated in 1989 and is based in Thane, India.

Sector: Basic Materials - Industry: Specialty Chemicals

Financial Ratios
Quick Ratio1.37
Working Capital0.16
Return On Equity0.1
Debt To Equity0.28
Fixed Asset Ratio0
Fixed Interest Cover3.93

Financial data

Financial Statements

Cashflow Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Change To Liabilities 61.46M -69.68M 368.92M 398.6M
Total Cashflows From Investing Activities -200.93M -286.29M -1.35B -1.46B
Net Borrowings 382.32M 165.35M 695.92M -41.6M
Total Cash From Financing Activities 239.75M 626.37M 507.27M 1.88B
Change To Operating Activities -68.02M -60.4M -127.67M 17.8M
Issuance Of Stock 700M 700M 2.25B 2.25B
Net Income 209.47M 286.56M 313.32M 446.3M
Change In Cash 2.04M -5.39M -2.69M 440.1M
Effect Of Exchange Rate
Total Cash From Operating Activities -36.77M -345.47M 835.7M 14.1M
Depreciation 28.23M 52.41M 69.02M 116.9M
Change To Account Receivables -192.96M -145.7M -33.21M -311.6M
Other Cashflows From Financing Activities -105.03M -195.97M -141.98M -271.6M
Change To Netincome 148.77M 166.25M 86.95M 151.7M
Capital Expenditures -201.45M -286.25M -1.35B -1.7B

Income Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Research Development
Income Before Tax 292.54M 410.97M 442.16M 570.7M
Net Income 209.47M 286.56M 313.32M 446.3M
Selling General Administrative 142.49M 200.35M 208.6M 315M
Gross Profit 983.66M 1.22B 1.39B 2.12B
Ebit 405.82M 528.11M 574.57M 749M
Operating Income 405.82M 528.11M 574.57M 749M
Interest Expense -112.48M -109.57M -129.33M -190.8M
Income Tax Expense 83.07M 124.4M 128.84M 124.4M
Total Revenue 2.39B 3.06B 3.36B 4.87B
Cost Of Revenue 1.41B 1.84B 1.98B 2.75B
Total Other Income ExpenseNet -113.28M -117.14M -132.41M -178.3M
Net Income From Continuing Ops 209.47M 286.56M 313.32M 446.3M
Net Income Applicable To Common Shares 209.47M 286.56M 313.32M 446.3M

Balance Sheet Statement 2019-03-31 2020-03-31 2021-03-31 2022-03-31
Total Liabilities 1.76B 1.99B 3.09B 3.6B
Total Stockholder Equity 702.01M 1.56B 1.83B 4.39B
Other Current Liabilities 23.02M 43.98M 38.01M 390.8M
Total Assets 2.46B 3.55B 4.92B 7.99B
Common Stock 200.79M 233.35M 233.35M 249.4M
Other Current Assets 244.67M 221.88M 196.6M 623.9M
Retained Earnings 392.19M 652.58M 916.69M
Treasury Stock 94.54M 72.04M 74.59M 4.14B
Cash 11.66M 5.6M 5.14M 452.2M
Total Current Liabilities 1.17B 1.5B 1.74B 2.18B
Other Stockholder Equity 94.54M 72.04M 74.59M 4.14B
Property, Plant, and Equipment 830.97M 1.13B 2.41B 2.96B
Total Current Assets 1.6B 2.31B 2.4B 4.92B
Net Tangible Assets 700.93M 1.56B 1.83B 4.39B
Net Receivables 611.01M 754.86M 1.03B 1.09B
Accounts Payable 428.19M 358.51M 660.85M 988.8M


Insider Transactions

Here are the insider transactions of stock shares related to NEOGEN CHEMICALS:

Filer Name Transaction Text Ownership Date Filer Relation Shares
Kanani (Pallika Haridas)Gift at price 0.00 per share.D2022-03-28Promoter2k
Kagashin Global Network Pvt.Ltd.Sale at price 17.05 per share.D2021-09-22Promoter150k
Surana (Anurag)Sale at price 9.55 per share.D2020-12-17Director75k
Surana (Radhika)Sale at price 9.59 per share.D2020-12-16UNREPORTED64.56k
Surana (Radhika)Sale at price 10.16 per share.D2020-12-15UNREPORTED10.44k
Surana (Radhika)D2020-06-04UNREPORTED200k
Kanani (Beena Haridas)D2020-06-03Promoter200k
Kanani (Beena Haridas)D2020-06-03Promoter200k
Kanani (Haridas Thakarshi)D2020-06-03Promoter400k

Insider transaction explanations

Insider buying is the legal purchase of shares by a senior executive or director of a company. "Filer Name" corresponds to the name of the stock buyer or seller. "Transaction Text" describes the transaction. "Ownership" gives information about the transaction type. "Date" is the reported transaction date. "Filer Relation" gives the role of the insider in the company. "Shares" is the value of the transaction. You will find the complete description of the General Transaction Codes on the SEC dedicated page


Investment strategy backtesting

These are the result of three automatic investment systems applied to NEOGEN CHEMICALS. You will find the performance of an systematic investment system, a momentum strategy, and a buy the dip trading strategy.


Systematic investment results on NEOGEN CHEMICALS

Here is the result of two systematic investment strategies applied to NEOGEN CHEMICALS. The first strategy automatically buys the first day of the month, and the second strategy buys the fifteenth day of the month.

Systematic investment equity curve on NEOGEN CHEMICALS

The following chart shows the equity curve of the two systematic investment strategies applied to NEOGEN CHEMICALS:

NEOGEN CHEMICALS automated entries

The systematic investment strategy that buys the first day of the month would give a performance of 73.72% on the backtest period.

Performance at glance

Performance

73.72 %

Latent gain

3619.1 ₹

Invested capital

4909.0 ₹

Annualized return

23.18 %
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Momentum strategy results on NEOGEN CHEMICALS

This is the result of two momentum investment strategies applied to NEOGEN CHEMICALS. The first strategy uses a momentum signal calculated on one quarter, and the second uses a momentum signal calculated on two quarters.

Momentum entry openings on NEOGEN CHEMICALS

The following chart shows all the entries opened by the momentum investment system on NEOGEN CHEMICALS:

NEOGEN CHEMICALS momentum entries
  • The first momentum investment strategy would give 85.04% of return on NEOGEN CHEMICALS. That represents 7838.75₹ of latent gain with 9217.45₹ of employed capital.
  • The second momentum investment strategy would give 98.59% of return on NEOGEN CHEMICALS. That represents 9173.0₹ of latent gain with 9304.55₹ of employed capital.
Performance at glance (1Q Momentum)

Performance

85.04 %

Latent gain

7838.75 ₹

Invested capital

9217.45 ₹

Annualized return

57.17 %
Performance at glance (2Q Momentum)

Performance

98.59 %

Latent gain

9173.0 ₹

Invested capital

9304.55 ₹

Annualized return

36.51 %

Momentum equity curve on NEOGEN CHEMICALS

The following chart shows the equity curve of the two momentum strategies applied to NEOGEN CHEMICALS:

NEOGEN CHEMICALS momentum equity

Note: the dividends potentially given by NEOGEN CHEMICALS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NEOGEN CHEMICALS

The following chart shows the employed capital evolution of the two momentum strategies on NEOGEN CHEMICALS since the beginning:

NEOGEN CHEMICALS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250₹, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000₹.


Buy the dip strategy result on NEOGEN CHEMICALS

Buy the dip entry openings on NEOGEN CHEMICALS

NEOGEN CHEMICALS

The performance achieved by the robo-advisor on NEOGEN CHEMICALS is 67.46%. That represents 1145.15$ of latent gain with 1697.55₹ of employed capital. The following chart shows NEOGEN CHEMICALS stock price with all the entries opened by the automated investment system.

Note: The blue line represents the weekly stock price of NEOGEN CHEMICALS, and the green triangles represent the entry openings. The artificall robo-advisor needs at least 100 weeks of trading history to work.

Performance at glance

Performance

67.46 %

Latent gain

1145.15 ₹

Invested capital

1697.55 ₹

Annualized return

57.17 %

Equity curve of the strategy applied to NEOGEN CHEMICALS

The following chart shows the result of the investment strategy applied to NEOGEN CHEMICALS:

NEOGEN CHEMICALS

Note: the dividends potentially given by NEOGEN CHEMICALS are not integrated into the calculation of the equity curve neither the performance of the strategy. The integration of the dividends will be available soon.


Employed capital on NEOGEN CHEMICALS

The following chart shows the employed capital evolution since the beginning of the investment strategy on NEOGEN CHEMICALS:

NEOGEN CHEMICALS

Note: the algorithm buys for a maximum of 250$ per entry. If the stock price is greater than 250$, the system buys only one stock per entry. The investment system stops automatically when the financial exposure reaches 10000$.


Investment strategies comparison on NEOGEN CHEMICALS

In this section, I will compare the three previous investment strategies applied to NEOGEN CHEMICALS.

Equity curve comparison on NEOGEN CHEMICALS

The following chart shows the equity curve of the artificall advisor, the trend folowing and the automatic investment strategies:

NEOGEN CHEMICALS investment strategy comparison

Employed capital comparison on NEOGEN CHEMICALS

NEOGEN CHEMICALS investment comparison

Performance comparison on NEOGEN CHEMICALS

Strategy Latent Profit Growth Employed capital CAGR
Automatic investment 73.72% 3619.1₹ 4909.0₹ 23.18%
Momentum 1 quarter 85.04% 7838.75₹ 9217.45₹ 28.93%
Momentum 2 quarters 98.59% 9173.0₹ 9304.55₹ 36.51%
Non-directional 67.46% 1145.15₹ 1697.55₹ 57.17%
Annualized return comparison

Automatic investment

23.18 %

Momentum 1Q

36.51 %

Momentum 2Q

36.51 %

Non-directional

57.17 %

Correlated stocks

Here are the most positively and negatively correlated stocks with NEOGEN CHEMICALS:

Positive correlations

Most correlated stocks this year


Most correlated stocks last 3 months

Negative correlation

Most negatively correlated stocks this year


Most negatively correlated stocks last 3 months

Note: The algorithm computes the probability of correlation between NEOGEN CHEMICALS and the other stocks. There may be false positives or some missing correlated stocks. If the price of NEOGEN CHEMICALS does not vary for 36 weeks, the correlation calculation result will be wrong.


Company information

Company name NEOGEN CHEMICALS
Country India
City Thane
Address Dev Corpora Building
Phone 91 22 2549 7300
Website www.neogenchem.com
FullTime employees
Industry Specialty Chemicals
Sector Basic Materials
Exchange XNSE
Ticker NEOGEN.XNSE
Market

NEOGEN CHEMICALS ESG Scores

Environment scores

Environment ESG Factors Scores
Environment Score 0
Peer Environment Performance unknown
Environment Percentile unknown
Palm Oil unknown
Nuclear unknown
Fur Leather unknown
GMO unknown
Coal unknown
Pesticides unknown
Animal Testing unknown

Social scores

Social ESG Factors Scores
Social Score 0
Peer Social Performance unknown
Social Percentile unknown
Highest Controversy unknown
Peer Highest Controversy Performance unknown
Adult unknown
Gambling unknown
Alcoholic unknown
Tobacco unknown
Catholic unknown
Controversial Weapons unknown
Small Arms unknown
Military Contract unknown
Peer Count unknown

Related Controversy:


Governance scores

Governance ESG Factors Scores
Governance Score 0
Peer Governance Performance unknown
Governance Percentile unknown

ESG at glance
Total ESG Scores: unknown
Environment Score: 0
Social Score: 0
Governance Score: 0

ESG Performance: unknown

Peer Group: unknown

Peer Esg Score Performance: unknown

Rating Year: unknown

Rating Month: unknown

Max Age: unknown

Percentile: unknown