Ngl Fine Chem Ltd

NGL Fine-Chem announced that the 44th Annual General Meeting(AGM) of the company will be held on 19 May 2025.Powered by Capital Market - Live

NGL Fine Chem has fixed 12 August 2025 as record date for payment of final dividend. The dividend will be paid on or after 26 August 2025. Powered by Capital Market - Live

NGL Fine-Chem announced that the Board of Directors of the Company at its meeting held on 22 May 2025, inter alia, have recommended the final dividend of Rs 1.75 per equity Share (i.e. 35%) , subject to the approval of the shareholders.Powered by Capital Market - Live

Net profit of NGL Fine Chem declined 95.62% to Rs 0.54 crore in the quarter ended March 2025 as against Rs 12.32 crore during the previous quarter ended March 2024. Sales declined 4.80% to Rs 94.97 crore in the quarter ended March 2025 as against Rs 99.76 crore during the previous quarter ended March 2024. For the full year,net profit declined 48.89% to Rs 21.12 crore in the year ended March 2025 as against Rs 41.32 crore during the previous year ended March 2024. Sales rose 8.73% to Rs 368.26 crore in the year ended March 2025 as against Rs 338.69 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales94.9799.76 -5 368.26338.69 9 OPM %6.6515.86 -9.2015.73 - PBDT4.3819.01 -77 40.1766.06 -39 PBT1.0616.09 -93 27.7154.42 -49 NP0.5412.32 -96 21.1241.32 -49 Powered by Capital Market - Live

NGL Fine-Chem will hold a meeting of the Board of Directors of the Company on 22 May 2025.Powered by Capital Market - Live

The agency has also affirmed the company's short-term rating at '[ICRA] A2'. ICRA stated that the reaffirmation of ratings of NGL Fine-Chem (NGL) factors in the company's established operational track record, the extensive experience of its management in the animal health active pharmaceutical ingredients (API) segment, its diversified geographical presence in domestic and international markets and its well-established client base built over the years. Also, NGL continues to maintain a strong market share for its top three APIs (diminazene, clorsulon and buparvaquone), supported by a competitive cost proposition since it is partly backward integrated for basic chemicals. Going forward, topline growth is expected tobe supported by improvement in realisations, penetration in new geographies and expansion of itsproduct line. The ratings, however, remain constrained by the moderate scale of operations and high working capital intensity of NGL's business, stemming from receivables and an elevated inventory holding cycle. Also, the company's profitability remains vulnerable to volatility in raw material prices, as demonstrated in FY2023. Moreover, given the nature of short-term contracts, the company's operating profitability remains exposed to the movements in the raw materials prices that cannot be passed onto customers. NGL Fine-Chem is a veterinary API manufacturer and its products are used in the animal health care industry. NGL had acquired a 100% stake in Macrotech Polychem (MPPL) in May 2019. MPPL manufactures pharmaceutical intermediates and serves as the backward integrated unit for the company. The scrip had shed 0.10% to end at Rs 1089 on the BSE today. Powered by Capital Market - Live

Quadrant Future Tek Ltd, Banco Products (India) Ltd, Carraro India Ltd and Excel Industries Ltd are among the other losers in the BSE's 'B' group today, 10 February 2025.NGL Fine Chem Ltd tumbled 20.00% to Rs 1501.6 at 14:28 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 9273 shares were traded on the counter so far as against the average daily volumes of 831 shares in the past one month.Quadrant Future Tek Ltd crashed 20.00% to Rs 557.2. The stock was the second biggest loser in 'B' group.On the BSE, 2.78 lakh shares were traded on the counter so far as against the average daily volumes of 4.79 lakh shares in the past one month.Banco Products (India) Ltd lost 19.89% to Rs 369.4. The stock was the third biggest loser in 'B' group.On the BSE, 2.46 lakh shares were traded on the counter so far as against the average daily volumes of 22886 shares in the past one month.Carraro India Ltd plummeted 17.49% to Rs 357.95. The stock was the fourth biggest loser in 'B' group.On the BSE, 2.13 lakh shares were traded on the counter so far as against the average daily volumes of 21443 shares in the past one month.Excel Industries Ltd slipped 16.79% to Rs 1143. The stock was the fifth biggest loser in 'B' group.On the BSE, 8124 shares were traded on the counter so far as against the average daily volumes of 938 shares in the past one month.Powered by Capital Market - Live

Net profit of NGL Fine Chem declined 87.24% to Rs 1.28 crore in the quarter ended December 2024 as against Rs 10.03 crore during the previous quarter ended December 2023. Sales rose 1.31% to Rs 89.10 crore in the quarter ended December 2024 as against Rs 87.95 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales89.1087.95 1 OPM %5.7115.77 - PBDT4.3617.27 -75 PBT1.2714.33 -91 NP1.2810.03 -87 Powered by Capital Market - Live

NGL Fine-Chem will hold a meeting of the Board of Directors of the Company on 7 February 2025.Powered by Capital Market - Live

NGL Fine-Chem will hold a meeting of the Board of Directors of the Company on 8 November 2024Powered by Capital Market - Live