Rallis India Limited , a leading player in the Indian agricultural inputs sector, has reported a strong performance for the first quarter of fiscal year 2026, with significant growth across its key business segments.

Financial Highlights

The company's revenue reached ₹957.00 crores, marking a 20% year-on-year increase. Profit after tax (PAT) surged by 98% to ₹95.00 crores, up from ₹48.00 crores in the previous year. EBITDA showed a remarkable 57% growth, reaching ₹150.00 crores.

Business Segment Performance

Crop Care

The Crop Care business, which includes both domestic and international operations, demonstrated robust growth:

• Domestic Crop Care business grew by 13%, driven by favorable monsoon conditions and better crop prices.
• The Soil and Plant Health segment expanded by 33%.
• Export business showed a strong recovery with 75% growth, primarily from Americas markets.

Seeds

The Seeds business exhibited exceptional performance:

• Overall growth of 38% year-on-year.
• Cotton seeds, particularly the 'Diggaz' hybrid, performed exceptionally well.
• The company launched 14 new seed products during the quarter.

Product Innovation

Rallis India continued its focus on innovation and product development:

• Launched 9 new crop protection products, including herbicides, fungicides, and insecticides.
• Introduced 6 new herbicide products, addressing the growing demand in this category.

Management Commentary

Dr. Gyanendra Shukla, Managing Director and CEO, expressed optimism about the company's prospects:

"We have delivered a robust quarterly performance with double-digit volume-led growth across our businesses. Our focus on customer centricity, product innovation, and operational efficiency is yielding positive results."

Outlook

The management remains positive about medium to long-term growth prospects:

• Targeting 15-20% EBITDA margins.
• Maintaining a debt-free balance sheet with healthy cash reserves.
• Continued focus on expanding product portfolio and market reach.

Investor Relations

The company has scheduled meetings with various analysts and institutional investors in the coming weeks, demonstrating its commitment to transparent communication with stakeholders.

Rallis India's strong start to FY26 reflects the company's resilience and strategic initiatives in a dynamic agricultural market. With its diversified portfolio and focus on innovation, the company appears well-positioned to capitalize on the growing opportunities in the Indian agricultural sector.

Rallis India , a key player in the agricultural sector, has unveiled ambitious targets for margin improvement and growth, signaling a strong focus on enhancing profitability and expanding its market presence.

Margin Improvement Goals

The company has set specific targets for EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) margins across its business segments:

• Seeds Business: Targeting an EBITDA margin of 20.00%
• Crop Protection Segment: Aiming for an EBITDA margin of 15.00%

These segment-specific goals are part of a broader strategy to boost the company's overall financial performance. Rallis India is seeking a substantial 500 basis points gain in margins, with an ambitious target of achieving an overall EBITDA margin in the range of 15.00-20.00% over time.

Growth and Investment Plans

In addition to margin improvement, Rallis India has outlined plans for growth and strategic investments:

1. Capital Expenditure: The company plans to invest approximately Rs 100.00 crore in various areas:

   • Plant maintenance
   • Research and development initiatives
   • Installation of a solar plant

2. Revenue Growth: Rallis India is targeting double-digit revenue growth, although specific figures were not disclosed.

Strategic Implications

The announced targets and investment plans suggest that Rallis India is positioning itself for sustainable growth in the competitive agricultural sector. By focusing on both margin improvement and revenue growth, the company aims to enhance its financial strength while expanding its market presence.

The planned investments in plant maintenance and R&D indicate a commitment to operational efficiency and innovation, which could be crucial in meeting the ambitious margin targets. Additionally, the investment in a solar plant aligns with growing trends towards sustainability in the industry.

As Rallis India moves forward with these plans, stakeholders will likely be watching closely to see how effectively the company can execute its strategy and achieve its financial goals in the dynamic agricultural market.