Bayer Cropscience Declares Rs. 90 Interim Dividend Amid Mixed Q2 Results

Bayer Crop Science , a key player in the agrochemical sector, has announced a substantial interim dividend while reporting mixed financial results for the second quarter.

Dividend Announcement

The Board of Directors of Bayer Cropscience has declared an interim dividend of Rs. 90 per equity share. This dividend, amounting to Rs. 4,045 million, will be paid to shareholders whose names appear in the company's Register of Members as of November 14, 2025, which is set as the record date. The payment is scheduled for December 3, 2025.

Financial Performance

The company's financial results for Q2 present a mixed picture:

Metric	Q2 FY2025-26	Q2 FY2024-25	Change
Revenue from Operations	Rs. 15,534 million	Rs. 17,382 million	-10.6%
EBITDA	Rs. 2,050 million	Rs. 1,800 million	+13.9%
EBITDA Margin	13.22%	10.58%	+264 bps
Net Profit	Rs. 1,530 million	Rs. 1,360 million	+12.5%

Despite a 10.6% year-over-year decline in revenue from operations, Bayer Cropscience managed to improve its profitability. The company's EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased by 13.9% to Rs. 2,050 million, with the EBITDA margin expanding by 264 basis points to 13.22%. Net profit also saw a healthy increase of 12.5%, reaching Rs. 1,530 million.

Segment Performance

Bayer Cropscience operates in a single reportable business segment, "Agri Care." The company notes that its business is seasonal in nature, cautioning that quarterly figures may not be representative of full-year performance.

Balance Sheet Highlights

As of September 30, 2025, Bayer Cropscience reported:

Total Assets: Rs. 51,910 million
Total Equity: Rs. 31,235 million
Cash and Cash Equivalents: Rs. 6,579 million

Auditor's Review

The financial results have been subjected to a limited review by the company's statutory auditors, Deloitte Haskins & Sells LLP. The auditors have not reported any material misstatements in the financial results.

Conclusion

While Bayer Cropscience faces challenges in revenue growth, the company has demonstrated resilience by improving its profitability metrics. The substantial interim dividend of Rs. 90 per share signals confidence in the company's financial position and commitment to shareholder returns. However, investors should consider the seasonal nature of the business and potential market volatilities in the agrochemical sector when evaluating the company's performance.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.88%	+2.50%	-5.88%	-18.50%	-17.56%	-7.38%

Bayer Crop Science has received a penalty order of Rs. 37.41 million from the Office of the Commissioner of Central Tax, Guntur, Andhra Pradesh. The penalty relates to Goods and Services Tax (GST) on Outward Supply for the Financial Year 2018-19.

Penalty Details

The company disclosed the following information regarding the penalty:

Aspect	Details
Issuing Authority	Office of the Commissioner of Central Tax, Guntur, Andhra Pradesh
Nature of Order	Penalty related to GST on Outward Supply
Financial Year	2018-19
Penalty Amount	Rs. 37.41 Million
Date of Order Receipt	October 21, 2025

Company's Response

Bayer Crop Science has stated that the order is currently appealable. The company plans to assess exercising its right to appeal against the penalty. This approach suggests that Bayer Crop Science may challenge the order if they believe there are grounds for contesting the penalty.

Regulatory Compliance

The company made this disclosure in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. This regulation mandates listed entities to inform stock exchanges about material events or information.

Potential Impact

While the penalty amount of Rs. 37.41 million is significant, the full financial impact on Bayer Crop Science will depend on the outcome of any potential appeal process. Shareholders and investors will likely be watching closely for further updates on this matter.