Shuchi Nahar's Weekend Blog!

Neogen Chemicals - Q1FY23 Result Overview Neogen Chemicals Limited (Neogen) reported robust financial performance during the quarter ended 30th June, 2022. The Company delivered revenues of Rs. 147.9 crore in Q1 FY23, depicting a growth of 75%. The strong topline performance was driven by incremental benefits accruing from the expanded capacity. This was supported by continued positive demand across key products. Profit after tax (PAT) stood at Rs. 11.1 crore during the quarter as compared to Rs. 7.4 crore in Q1 FY22. Strong double-digit growth in PAT was aided by good operating performance. During the period under review, the Company witnessed significant increase in the prices of Lithium raw materials which Company was able to pass on to the customers, resultantly protecting the absolute EBITDA. The EBITDA percentage margin decline is optical as it considers higher revenues and higher RM costs with preserved absolute earnings. Neogen Chemical Investor Presentation Developments  A...

Dietary Supplements - Meaning, Demand and need in future Increase demand for Dietary Supplements and Nutraceuticals India might be a late entrant in the health supplement game, but COVID-19 has brought a renewed focus on healthy lifestyle habits and diet, which is expected to further boost the adoption of preventive healthcare solutions. The growing social media penetration and vernacular content platforms have also broadened the healthcare horizon for Indians. In the end, a win-win for all - For companies, this segment provides a great combination of growth, profitability, IPR-driven competitive moats, and long-term consumer franchise. Consumers benefit from better health and living, and society in general from a reduced healthcare burden. Dietary supplements Dietary supplements are products taken in addition to a healthy diet to provide additional health benefits, such as additional nutrients. A dietary supplement is a product designed to complement the diet and contains one ...

Edtechs the future of Education Twitter Handle: @shuchi_nahar Need for Edtechs In a dramatic shift from the age of gurukuls, the foundation of modern education in India was laid under the British Raj, which led to today’s formal, multiple-layered education structure divided between primary and secondary schools, to graduation, post-graduation, diploma, and distance education courses. While schools are governed by education boards such as the Central Board of Secondary Education (CBSE) and the Indian Certificate of Secondary Education (ICSE), institutions providing higher education are governed by statutory bodies such as the Medical Council of India (MCI), the All-India Council for Technical Education (AICTE) and The Bar Council of India (BCI). Over the course of time, the informal structure of education has developed its roots parallelly with the formal system. This includes one-on-one tuitions, coaching classes, vocational courses, and technology-based solutions to aid, supplement ...

Ethanol production capacities, impact on Farmers, and Government Plans Twitter Handle: @shuchi_nahar Ethanol was rarely discussed in the country about 7-8 years ago. But now ethanol has become one of the major priorities of 21st century India. The focus on ethanol is having a better impact on the environment as well as on the lives of farmers. India’s requirement of ethanol for petrol blending will increase from 173 crore liters in 2019-20 to 1,016 crore liters in 2025-26. To enable the rollout of ethanol production across India, ethanol may be supplied from surplus to deficit states based on the requirements to ensure uniform availability of ethanol blends in the country. To achieve the Modi Administration’s E-20 blending goal by ethanol supply year (ESY) (December-November) 2025, India would need to procure approximately 11 billion liters (BL) of ethanol for blending with petroleum. As of November 2021, India’s concentrated ethanol production capacity totaled slightly above 6 bi...