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Rallis India Ltd share Price Today

Company details

249.10
255.95
186.55
294.40
6M Return 19.63%
1Y Return 30.64%
Mkt Cap.(Cr) 4,871.45
Volume 551,944
Div Yield 1.00%
OI
-
OI Chg %
-
Volume 551,944

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Decline in international business leads to overall de-growth

    Rallis India is a leading agrochemical company with a presence across agri input value chain and a strong, healthy pipeline of sustainable products.

    • The company has a diversified portfolio, supported by a strong channel network of more than 6,700 dealers and 79,000 retailers
    • In terms of revenue contribution, domestic crop care constitutes 54% of overall revenue followed by international crop care of 30% and the rest from the seeds business
Q4FY22

    Numbers were below our estimates, impacted by lower growth from international market and higher COGS.

    • Revenues increased 7.7% to ₹ 507.5 crore, led by 25% growth in the domestic crop care segment
    • Gross margins contracted 663 bps YoY to ~34.8%, leading operational performance to remain in loss
    • Loss of ₹ 2.8 crore at EBITDA level vs. profit of ₹ 17.7 crore in Q4FY21
    • Loss at PAT level was at ₹ 14.1 crore against profit of ₹ 6.9 crore in Q4FY21, dented by a poor operational performance

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Agrochemicals company Rallis India announced Q3FY24 results:

  • The Company recorded revenue of Rs 598 crore for Q3FY24 vs Rs 630 crore in Q3FY23.
  • Profit after tax (after exceptional items) was at Rs 24 crore vs Rs 22 crore in Q3FY23.
  • Continued its focus on refreshing its Domestic crop care portfolio and launched 3 new products in Crop Care & 4 in Seeds
  • CSM: Commercial dispatches done for one active ingredient and one formulation from our new MPP and Formulation facilities respectively.
  • Rallis will commence the construction of integrated R&D facility. Rallis is also planning to further expand capacity of “Pendimethalin"
  • Rallis awarded with Silver award by “ICAI Sustainability Reporting Awards FY23” for BRSR reporting

Announcing the results, Sanjiv Lal, Managing Director & CEO, Rallis India, said, “During the Quarter, our Domestic business maintained its momentum despite challenging external conditions, recording volume growth of 7%. However, challenges continued on the export front due to steep price drop and weak demand on account of continuing inventory overhang at industry level. Our focus on optimizing working capital and margin improvement continues.

We are closely monitoring Global market demand recovery and remain cautious about El Nino conditions. Global agro-chemical demand is still soft and is expected to recover only next financial year.

Meanwhile, the company's long-term strategy remains unchanged and is focused on refreshing the product portfolio, widening of market reach, increasing manufacturing capacities, and digitalization in operations”.

 

Result PDF

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Rallis India Ltd shares SWOT Analysis

Strengths (6)

  • Rising Net Cash Flow and Cash from Operating activity
  • Company with Low Debt
  • Company able to generate Net Cash - Improving Net Cash Flow for last 2 years

Weakness (7)

  • MFs decreased their shareholding last quarter
  • Inefficient use of capital to generate profits - RoCE declining in the last 2 years
  • Inefficient use of shareholder funds - ROE declining in the last 2 years

Opportunity (0)

Data not found

Threats (2)

  • Companies with growing costs YoY for long term projects
  • High PE (PE > 40)

Resistance and support

R1 254.6
R2 258.7
R3 261.5
Pivot

251.85

S1 247.8
S2 245.0
S3 240.9
EMA SMA
255.2
253.5
247.5
237.7
257.7
254.7
248.5
232.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
QE SECURITIES LLP Bulk Purchase 2024-03-07 285.22 1952115 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-03-07 281.21 1419840 NSE
QE SECURITIES LLP Bulk Sell 2024-03-07 284.54 1998314 NSE
Name Category Shares
TATA CHEMICALS LIMITED PROMOTER 55.04%

OUR RESEARCH VIEW

Investment recommendation
Decline in international business leads to overall de-growth
Call Date
20 Feb 2023
Entry Price 224.00
Target Price 225.00
Duration
12-18 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Rallis India Ltd Stocks COMPARISON

Financials( in Cr) Rallis India Ltd P I Industries Ltd UPL Ltd Bayer CropScience Ltd Sumitomo Chemical India Ltd
Price 250.50 3,867.55 456.00 5,254.35 347.75
% Change -0.30 0.85 0.11 -0.66 0.59
Mcap Cr 4,871.45 58,677.70 34,227.72 23,614.10 17,357.80
Revenue TTM Cr 2,966.97 6,492.00 53,576.00 5,139.70 3,510.97
Net Profit TTM Cr 91.94 1,229.50 4,414.00 758.20 502.21
PE TTM 49.13 36.86 0.00 29.44 52.24
1 Year Return 30.64 32.21 -34.92 31.89 -13.77
ROCE 7.59 21.56 15.20 32.05 29.85
ROE 5.37 18.46 16.20 25.91 23.31
INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 1,730.06 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,068.81 33,709.58
LAST 3M 68,518.10 30,558.15
LAST 6M 130,081.93 64,349.19
LAST 12M 189,941.35 208,211.24

Rallis India Ltd Information

Stock PE (TTM)
49.13
Promoter Holding
55.08%
Book Value
93.9197
ROCE
7.59%
ROE
5.37%
Description
  • Rallis India Ltd is in the Agrochemicals sector is having a market capitalization worth Rs. 5,433.46 crores, it is incorporated in the year 1948. It has reported consolidated sales of Rs. 740.51 crores in June 2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 500355, and also listed on the National Stock Exchange (NSE) with the code RALLIS.

    Rallis India Ltd is primarily involved in producing and supplying agriculture-related inputs. Its crop care network consists of 3,879 dealers and 47,687 retailers. It also supplies seeds through a network of 2,881 dealers and 31,358 retailers. Rallis India is backup by a strong workforce of 1,700 employees. Rallis has a total of four manufacturing plants, three processing and drying plants, and two R&D centers spread across the country. The company is continuously working with 30 schools to provide primary, secondary, and higher education to around 6,990 students. The company has also awarded scholarships to 24 students through its Vidyasaarthi program. The promoters of the company own 50.09% of the stake in the company, Foreign Institutional Investors (FII) own 7.12% stake in the company, Domestic Institutional Investors (DII) own 17.74%, and others (such as public & retail investors) hold the balance of 25.05%.

    In June 2021, quarterly net revenue was Rs. 740.51 crores, which has increased by approximately 11.74 % from Rs. 662.7 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 82.42 crores, which has reduced and decreased by nearly 10.29% from a net profit of Rs. 91.87 crores in June 2020. In June 2021, the reported operating profit was at Rs. 641.32 crores, which has also increased by 8.93% as compared to an operating profit of Rs. 588.75 crores for the quarter ending in June 2020. From an EPS of Rs. 4.72 in June 2020, the EPS of Rallis India Ltd has fallen further and reached an EPS of Rs. 4.24 per share in June 2021. RALLIS' stock closed at Rs. 279.40 on 27th August’2021 (NSE). Rallis India Ltd has returned 9.29 % positively in the last six months and returned 12.14% negatively in the previous year.

Registered Address

23rd Floor Lodha Excelus, New Cuffe Parade Off EasternFr, Mumbai, Maharashtra, 400021

Tel : 91-22-6232-7400/6665-2700
Email : investor_relations:rallis.com
Website : http://www.rallis.com
Registrar

TSR Consultants P Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500355
NSE Code : RALLIS
Book Closure Date (Month) : May/Jun
BSE Group : A
ISIN : INE613A01020

FAQ’s on Rallis India Ltd Shares

You can buy Rallis India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Rallis India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Mar 28, 2024 03:55 PM the closing price of Rallis India Ltd was ₹ 250.50.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Mar 28, 2024 03:55 PM, the market cap of Rallis India Ltd stood at ₹ 4,871.45.

The latest PE ratio of Rallis India Ltd as of Mar 28, 2024 03:55 PM is 49.13

The latest PB ratio of Rallis India Ltd as of Mar 28, 2024 03:55 PM is 0.37

The 52-week high of Rallis India Ltd share price is ₹ 294.40 while the 52-week low is ₹ 186.55

According to analyst recommendations, Rallis India Ltd Share has a “Buy” rating for the long term.

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