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Balance sheet of Neogen Chemicals is strong.
But short term working capital might become an issue for this company.
Yes, The net debt of Neogen Chemicals is increasing.
Latest net debt of Neogen Chemicals is ₹561 Crs as of Mar-25.
This is greater than Mar-24 when it was ₹369 Crs.
No, profit is decreasing.
The profit of Neogen Chemicals is ₹34.65 Crs for TTM, ₹35.65 Crs for Mar 2024 and ₹49.97 Crs for Mar 2023.
The company seems to be paying a very low dividend.
Investors need to see where the company is allocating its profits.
Neogen Chemicals latest dividend payout ratio is 14.8% and 3yr average dividend payout ratio is 15.05%
Companies resources are allocated to majorly productive assets like Plant & Machinery