*Neogen Chemicals Ltd.* | *CMP* Rs. 1187 | *M Cap* Rs. 2770 Cr | *52 W H/L* 1449/595
(Nirmal Bang Retail Research)
*Result has improved*
Revenue from Operations came at Rs. 113.2 Cr (33.7% QoQ, 38.1% YoY) vs QoQ Rs. 84.6 Cr, YoY Rs. 82 Cr
EBIDTA came at Rs. 20.5 Cr (31.4% QoQ, 32.9% YoY) vs QoQ Rs. 15.6 Cr, YoY Rs. 15.4 Cr
EBITDA Margin came at 18.1% vs QoQ 18.5%, YoY 18.8%
Adj. PAT came at Rs. 11.2 Cr vs QoQ Rs. 7.4 Cr, YoY Rs. 7.4 Cr
Quarter EPS is Rs. 4.8
Share is trading at P/E of 43.2x FY23E EPS