NGL Fine-Chem Limited

NGL Fine-Chem Limited

NGLFINE.NS
NGL Fine-Chem LimitedIN flagNational Stock Exchange of India
3,092.30
INR
-144.90
- -
19.10BMarket Cap
NGL Fine-Chem Limited
NGLFINE.NS
(National Stock Exchange of India)

Recent

price

3,092.30

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
57.26
58.45
89.95
127.66
142.97
155.86
155.43
179.57
244.05
241.1
412.75
506.35
442.82
540.16
596.03
- -
811.31
Revenue per Share
3.9
1.69
4.71
7.33
13.48
18.45
24.09
20.38
32.58
13.49
91.81
80.77
33.18
66.88
34.19
- -
77.77
Basic EPS, GAAP
-1.11
-5.38
-7.51
-6.37
7.7
-2.51
-16.41
-2.42
-9.15
8.62
16.42
-68.88
6.28
-13.04
-67.86
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
2.11
1.75
1.75
1.75
1.75
1.75
- -
- -
Dividend per Share
22.32
24.02
28.73
36.06
49.54
68.52
92.59
113.03
145.54
156.6
246.43
325.36
356.65
421.53
453.55
- -
5
Book Value per Share
25.99
27.69
32.4
39.37
52.66
71.83
95.88
116.32
148.92
159.55
249.2
328.2
359.7
424.67
456.23
- -
532.25
Tangible Book Value per Share
6
6
6
6
6
6
6
6
6
6
6
6
6
6
6
- -
6
Basic Weighted Avg Shares
354
361
556
789
883
963
960
1,109
1,508
1,490
2,550
3,128
2,736
3,337
3,683
5,010
5,012
Sales/Revenue/Turnover
12.04
6.51
9.81
11.32
13.66
19.98
23.32
15.32
19.57
9.33
29.93
18.49
8.65
12.62
5.82
10.6
10.43
Operating Margin (%)
9
14
19
23
26
27
31
46
63
81
83
104
113
116
125
196
196
Depreciation Expense
24
10
29
45
83
114
149
126
201
83
567
499
205
413
211
481
480
Net Income, GAAP
37.36
33.01
34.54
32.5
35.22
36.21
34.75
29.26
26.99
30.96
26.9
25.08
25.09
24.07
23.78
24.05
24.08
Effective Tax Rate (%)
6.81
2.9
5.24
5.74
9.43
11.84
15.5
11.35
13.35
5.6
22.24
15.95
7.49
12.38
5.74
9.61
9.59
Profit Margin (%)
46
38
62
88
131
153
203
157
412
378
828
1,078
1,044
1,261
1,164
1,264
1,264
Working Capital
18
38
32
34
16
3
95
124
80
83
61
34
21
7
253
564
564
LT Debt
161
171
200
245
328
445
594
720
921
990
1,545
2,032
2,225
2,626
2,824
3,292
3,292
Total Equity
13.18
6.61
12.35
16.47
18.35
23.56
20.49
13.27
19.68
7.76
37.24
21.36
7.24
11.52
4.97
10.1
9.94
Return on Invested Capital (%)
15.36
7.7
13.83
15.74
22.65
24.65
22.44
15.51
20.41
8.17
39.54
25.55
8.84
15.47
7.03
21.97
21.94
Return on Capital (%)
19.16
7.31
17.86
22.63
31.5
31.25
29.91
19.83
25.2
8.93
45.56
28.25
9.73
17.19
7.81
33.97
33.91
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
525
- -
521
LT Borrowings
357
- -
564
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
6
- -
6
Market Capitalization
8,678
8,687
12,708

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
2,665
- -
2,764
Cash, Cash Equivalents & STI
637
- -
460
Accounts Receivable, Net
1,126
- -
1,309
Inventories
671
- -
703
Total Current Liabilities
1,405
- -
1,500
Payables & Accruals
- -
- -
- -
ST Debt
525
- -
521
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
22.92%
16.64%
16.57%
Free Cash Flow
13.8%
-101.03%
10.99%
Net Income, GAAP
70.65%
21.92%
127.83%
Sales/Revenue/Turnover
19.96%
15.7%
36.03%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
710
802
880
945
3,337
2025
908
935
891
950
3,683
2026
1,042
1,203
1,275
1,492
5,010

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
13.77
16.96
16.24
- -
66.88
2025
14.92
15.88
2.07
0.88
34.19
2026
14.96
15.58
25.4
21.83
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
1.75
2025
- -
- -
- -
- -
1.75
2026
- -
- -
- -
- -
- -
Business
NGL Fine-Chem Limited manufactures active pharmaceutical ingredients (APIs) and finished formulations for human and veterinary health applications, serving over 400 customers across more than 40 countries. Its core products include approximately 39 APIs—37 veterinary and 2 human APIs—covering anthelmintics, antiprotozoals, ectoparasiticides, and phosphorus supplements, along with intermediates and finished dosage forms. The company predominantly operates three cGMP-compliant manufacturing facilities near Mumbai, Maharashtra, focused on high-quality production with extensive in-house capabilities and backward integration. Founded in 1984 and headquartered in Navi Mumbai, NGL Fine-Chem leverages strong process development expertise, supported by modern research labs, kilo lab, and pilot plants. In the past two years, NGL Fine-Chem has pursued significant capacity expansions and strategic investments, including a Rs. 160 crore greenfield expansion at its Tarapur site to increase production capacity by 50%, expected to be completed in phases through 2026. This initiative is financed through debt and internal accruals, aiming to support new product pipelines and enhance market reach. The company has reported robust growth in net sales in recent quarters, driven by increased demand in its core veterinary pharmaceutical products, while maintaining a focus on cost efficiency and quality controls underpinned by ISO and WHO-GMP accreditations. NGL Fine-Chem continues to strengthen its operational footprint without major acquisitions, relying on organic growth and capex-heavy expansion to broaden its manufacturing capabilities. The company primarily targets animal health markets globally, with products catering to antiparasitic and phosphorous supplementation needs, alongside a smaller but growing human pharmaceuticals segment. Its offerings are designed to meet stringent regulatory standards across export markets. The firm emphasizes innovation in synthetic chemistry and scalable processes to serve multinational pharmaceutical clients effectively. NGL Fine-Chem operates as a publicly listed company on the NSE with the ticker NGLFINE.NS, continuing to focus on vertical integration to maintain competitive quality and pricing advantages. Overall, NGL Fine-Chem Limited stands as a specialized pharmaceutical manufacturer with a comprehensive portfolio of veterinary and human health APIs and formulations, underpinned by recent capacity expansions aimed at consolidating its market position and supporting product innovation through robust process development capabilities. Its operational base is concentrated in India, with a global customer outreach through exports to 40+ countries. The company remains committed to sustainable growth through enhancing production scale and maintaining high quality standards.