Rallis India Limited , a Tata enterprise and a key player in the Indian agri-inputs industry, has announced a strategic partnership with Paryan Alliance Pvt Ltd to introduce FullPage® Herbicide Tolerance Rice Technology in India. This collaboration marks a significant step towards advancing sustainable and climate-smart rice cultivation practices in the country.

Partnership Details

The partnership will see Rallis India become the licensed technology partner for FullPage®, a next-generation rice technology designed to enhance productivity, improve weed control efficiency, and deliver substantial water and cost savings for Indian farmers. This comprehensive rice cropping system integrates advanced herbicide-tolerant seeds, compatible crop protection solutions, and tailored agronomic practices.

Key Benefits of FullPage® Technology

1. Efficient Weed Management: Enables effective control of weeds and weedy rice, ensuring better yield stability.
2. Water and Labour Savings: Promotes Direct-Seeded Rice (DSR) cultivation, reducing water consumption by up to 25-30% and minimizing labour requirements.
3. Improved Productivity: Supports better crop establishment and enhanced yield potential through advanced hybrid genetics.
4. Environmental Benefits: Helps lower methane emissions and supports India's sustainability goals in agriculture.

Strategic Importance

For Rallis India, this partnership strengthens its strategic focus on innovation-led, sustainable agri-solutions and expands its presence in the high-potential rice segment. It positions the company at the forefront of next-generation seed and crop protection technologies in India.

Implementation Timeline

Rallis India plans to initiate field demonstrations with paddy farmers across key agronomic states in India. The timeline for technology introduction is as follows:

• Pilot Demonstrations: To begin from the Kharif season of 2026
• Limited Commercial Sales: Also scheduled to start from the Kharif season of 2026

Market Impact

This partnership is expected to have a significant impact on the Indian rice cultivation market:

1. Addressing Key Challenges: Rice, India's largest cultivated crop covering over 44 million hectares, faces increasing challenges from water scarcity, labour costs, and weed management. FullPage® technology aims to mitigate these issues.
2. Sustainability Focus: The technology aligns with India's sustainability goals in agriculture by promoting water-efficient and environmentally friendly cultivation practices.
3. Potential Market Disruption: As a next-generation technology, FullPage® could potentially disrupt traditional rice farming methods, leading to shifts in market dynamics and farmer preferences.

Company Statements

Mr. Gyanendra Shukla, Managing Director & CEO of Rallis India Limited, emphasized the company's commitment to innovative and sustainable technologies, stating, "Our collaboration with Paryan for FullPage® technology reinforces our focus on delivering climate-smart solutions that enhance productivity while promoting resource efficiency and environmental sustainability."

Shirish Barwale, Executive Director of Paryan, expressed enthusiasm about the partnership, highlighting Rallis India's strong presence and deep connection with farmers as key factors in accelerating the adoption of FullPage® technology.

Investor Implications

While the financial terms of the partnership were not disclosed, this collaboration positions Rallis India strategically in the evolving agricultural technology landscape. Investors may want to monitor the progress of field demonstrations and initial commercial sales, expected from the 2026 Kharif season, to gauge the potential impact on Rallis India's market position and financial performance in the coming years.

As the agricultural sector continues to face challenges related to climate change and resource scarcity, companies investing in sustainable technologies like FullPage® may be well-positioned for long-term growth and market leadership.

Rallis India Limited , a leading player in the Indian agricultural inputs sector, reported a 7% year-on-year decline in revenue for the second quarter, primarily due to adverse weather conditions affecting key agrochemical-consuming states.

Financial Performance

The company's revenue stood at INR 861.00 crores for Q2, compared to INR 928.00 crores in the same period last year. Despite the revenue decline, Rallis India managed to improve its profitability:

All figures in INR crores

Segment Performance

Crop Care Segment

• Declined by 3% due to lower domestic performance
• Export revenue grew by 33%

Seeds Segment

• Significant 29% decline
• Revenue dropped from INR 141.00 crores to INR 101.00 crores

Key Challenges

The company faced several challenges during the quarter:

• Abnormal rainfall distribution led to crop losses in key states including Punjab, Maharashtra, Uttar Pradesh, and Rajasthan
• Supply chain constraints in the Seeds segment
• Widespread adoption of illegal HTBt cotton varieties

Export Business

The export business showed strong performance:

• 51% growth in the first half
• H1 export revenue: INR 312.00 crores (compared to INR 207.00 crores in previous H1)

New Product Launches

Rallis India introduced two new products during the quarter:

1. 'Deeweed' - a herbicide
2. 'Dodrio' - a fungicide

Management Outlook

The management expects better prospects for the rabi season due to residual moisture from late rains. Dr. Gyanendra Shukla, Managing Director and CEO, commented, "While we faced challenges in Q2 due to adverse weather conditions, we are optimistic about the rabi season. Our focus remains on expanding our product portfolio, improving operational efficiencies, and leveraging digital initiatives to enhance our market reach."

Future Strategy

Rallis India is implementing various initiatives to achieve consistent, competitive, and profitable growth:

• Portfolio optimization
• Territory rationalization
• Removing overlaps
• Driving cost efficiencies
• Simplification across the value chain

The company continues to invest in research and development, with an annual R&D budget ranging from INR 60.00 crores to INR 70.00 crores. This investment is expected to yield new product launches in the coming years, including a wheat herbicide and a rice herbicide planned for the next year.

As Rallis India navigates through the current challenges, its focus on innovation, operational efficiency, and strategic growth initiatives positions it well for the upcoming rabi season and beyond.