Rallis India Limited , a Tata Enterprise and key player in the Indian agri-inputs industry, has released its financial results for the fourth quarter and full fiscal year ended March 31, 2025, revealing a mixed performance amidst challenging market conditions.

Q4 FY25 Performance

For the quarter ended March 31, 2025, Rallis India reported:

• Revenue from operations of ₹430.00 crore, down 1.4% from ₹436.00 crore in Q4 FY24
• Net loss of ₹32.00 crore, compared to a net loss of ₹21.00 crore in the same quarter last year
• Loss per share of ₹1.67, versus a loss per share of ₹1.07 in Q4 FY24

The company faced headwinds in the fourth quarter, with a slight decline in revenue and an increased net loss compared to the previous year. However, it's worth noting that the agrochemical industry often experiences seasonal fluctuations, which can impact quarterly results.

Full Year FY25 Results

For the full fiscal year 2024-25, Rallis India's performance showed some resilience:

• Annual revenue from operations reached ₹2,663.00 crore, a marginal increase from ₹2,648.00 crore in FY24
• Net profit stood at ₹125.00 crore, down from ₹148.00 crore in the previous fiscal year
• Earnings per share (EPS) for FY25 was ₹6.43, compared to ₹7.61 in FY24

Key Financial Highlights

Dividend Announcement

Despite the challenging quarter, the Board of Directors has recommended a dividend of ₹2.50 per equity share (250%) for the financial year 2024-25, subject to shareholders' approval at the upcoming Annual General Meeting.

Management Commentary

Dr. Gyanendra Shukla, Managing Director & CEO of Rallis India Limited, commented on the results: "The company has reported FY25 revenue of ₹2,663 crore and PAT of ₹125 crore. For Q4 FY25, revenue is ₹430 crore with positive volume growth in domestic business. Control over working capital has enabled strong cash flow from operations."

He further added, "I am particularly pleased with the growth of 23% and 24% in Soil & Plant Health and Herbicides categories respectively. Our Innovation Turnover Index is in line with our long-term target of 14%. Seeds business had a turnaround with FY25 PBT of ₹18 crore primarily driven by North Cotton Hybrid 'Diggaz' and cost optimization actions."

Business Segment Performance

Crop Care

The segment reported a revenue of ₹405.00 crore in Q4 FY25, down 1.2% from ₹410.00 crore in Q4 FY24. For the full year, Crop Care revenue increased slightly to ₹2,245.00 crore from ₹2,232.00 crore in FY24.

Seeds

The seeds business showed resilience, with a revenue of ₹25.00 crore in Q4 FY25, compared to ₹26.00 crore in Q4 FY24. The full-year performance improved, with revenue rising to ₹418.00 crore from ₹416.00 crore in FY24.

Strategic Initiatives and Outlook

Rallis India is focusing on several key areas to drive growth and improve performance:

1. Prioritizing market share improvement in the domestic business
2. Expanding product offerings and building strategic partnerships in Exports and Custom Synthesis Manufacturing (CSM) Business
3. Strengthening people capabilities by simplifying organization structure and inducting fresh talent
4. Continuing investments in customer centricity, marketing, manufacturing, and digital capabilities

The company remains committed to offering differentiated product offerings that address farmers' evolving needs, with a long-term focus on sustainable growth.

As Rallis India navigates through market challenges, it continues to leverage its strong brand presence, diverse product portfolio, and strategic initiatives to maintain its position in the competitive agri-inputs sector.

Rallis India Limited , a prominent player in the agri-inputs sector, has released its financial results for the fourth quarter and full fiscal year 2023, revealing a mixed performance amidst challenging market conditions.

Q4 Performance: Widening Losses

For the quarter ended March 31, 2023, Rallis India reported:

• Net loss: ₹320.00 million (up from ₹210.00 million loss in Q4 FY22)
• Revenue: ₹4.30 billion (down from ₹4.36 billion in Q4 FY22)
• EBITDA: Loss of ₹200.00 million (compared to a gain of ₹60.00 million in Q4 FY22)

The decline in EBITDA indicates increased pressure on the company's operational efficiency during the quarter.

Full Year Performance and Dividend

Despite Q4 challenges, Rallis India's full-year performance for FY23 showed some resilience:

• Annual revenue: ₹2,663.00 crore (up from ₹2,648.00 crore in FY22)
• Profit before tax: ₹187.00 crore (down from ₹196.00 crore in FY22)

The Board of Directors has recommended a dividend of ₹2.50 per equity share for FY24, subject to shareholders' approval at the upcoming Annual General Meeting.

Financial Position

As of March 31, 2023, Rallis India's balance sheet showed:

• Total assets: ₹2,974.00 crore
• Equity share capital: ₹19.00 crore (unchanged)
• Other equity: ₹1,885.00 crore (up from ₹1,810.00 crore in the previous year)

Business Outlook

Rallis India's business, primarily focused on agri-inputs, is seasonal in nature and can be significantly impacted by weather conditions and cropping patterns. These factors contributed to the challenging quarter.

Management Commentary

Gyanendra Shukla, Managing Director & CEO of Rallis India, stated, "While the fourth quarter presented significant challenges, we remain committed to our long-term growth strategy. The recommended dividend reflects our confidence in the company's fundamentals and our commitment to delivering value to our shareholders."

Conclusion

As Rallis India navigates through a difficult period, the company's focus remains on operational efficiency and strategic growth initiatives. The agricultural sector's inherent volatility continues to present both challenges and opportunities for the company in the coming fiscal year.