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Rallis India Ltd share Price Today

Company details

6M Return 21.58%
1Y Return -5.14%
Mkt Cap.(Cr) 4,486.40
Volume 2,059,263
Div Yield 1.08%
OI Chg %
Volume 2,059,263

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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

    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 Q2FY24 results:

  • The Company recorded revenue of Rs 832 crore for Q2FY24 vs Rs 951 crore over Q2FY23.
  • Profit before tax (before exceptional items) was at Rs 109 crore vs the previous year of Rs 95 crore and the Profit after tax (after exceptional items) was at Rs 82 crore vs Rs 72 crore in Q2FY23.
  • During Q2FY24 Company repaid Rs 75 crore of working capital loan
  • Rallis India continues its focus on refreshing its Domestic crop care portfolio and launched 8 new products in Q2FY24
  • Multi-purpose plant has commenced production of technical “Difencanozole” and is now being prepared for another new CSM product in Q3FY24
  • Cotton hybrids, Diggaz and Aatish, have registered significant growth in North India and Maharashtra & South cotton belt respectively
  • Digitial initiatives are progressing well. Rallis launched “Seedsure” a mobile-enabled tool to digitize its hybrid seed production process

Announcing the results, Sanjiv Lal, Managing Director & CEO, Rallis India, said, “Our revenue has been affected by weak export demand, falling prices, and erratic rainfall in the domestic market. Although our revenue for Q2 FY24 was lower at Rs 832 crore vs Rs 951 crore for Q2FY23, margins have improved through better product mix and cost optimization activities across businesses. Our Crop care revenue was Rs 737 crore vs Rs 923 crore PY, mainly due to lower exports. The seeds business did well through improved sales and strong performance for our Cotton hybrids in particular. The Multi-Purpose Plant at Dahej has been put to use.

Amidst El Nino conditions, we remain cautious about the domestic and international markets. Global Agchem demand continues to remain soft on the back of inventory overhang and lower prices and revival is expected only after Q3FY24. The company's long-term strategy remains unchanged, focused on the expansion of product portfolio, widening of market reach, increasing manufacturing capacities, and digitalisation in operations”.


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


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Rallis India Ltd Stocks COMPARISION


Equity Capital: 1,730.06 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,413.18 20,968.74
LAST 3M 54,802.13 -2,935.09
LAST 6M 94,405.09 78,325.41
LAST 12M 161,403.38 118,397.78

Rallis India Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • 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.co.in

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AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500355
Book Closure Date (Month) : 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 Dec 01, 2023 04:07 PM the closing price of Rallis India Ltd was ₹ 230.70.

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 Dec 01, 2023 04:07 PM, the market cap of Rallis India Ltd stood at ₹ 4,486.40.

The latest PE ratio of Rallis India Ltd as of Dec 01, 2023 04:07 PM is 45.85

The latest PB ratio of Rallis India Ltd as of Dec 01, 2023 04:07 PM is 0.41

The 52-week high of Rallis India Ltd is ₹ 270.90 while the 52-week low is ₹ 186.55

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

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