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Rallis India Ltd share Price Today

Company details

347.00
357.35
205.10
357.35
6M Return 37.88%
1Y Return 68.65%
Mkt Cap.(Cr) 6,848.23
Volume 2,239,109
Div Yield 0.71%
OI
-
OI Chg %
-
Volume 2,239,109

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Decline in international business leads to overall de-growth
About The Stock

    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 6,800 dealers and 93,000 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
Q3FY23

    Rallis’ numbers were below I-direct estimates led by erratic rainfall in the domestic market and headwinds in international markets.

    • Revenues remained flat YoY to ₹ 630 crore. Domestic crop care increased 7% YoY while seed segment was down 14%. Geography wise, domestic crop protection business grew ~8%, crop nutrition business by 22% but exports declined 6.5%
    • Gross margins contracted 83 bps YoY to ~39.4%. However, gross margins increased 508 bps QoQ reflecting a softening of raw material costs
    • EBITDA declined 20.9% YoY to ₹ 53 crore. Crop care segment EBITDA increased 134% YoY to ₹ 71 crore while seeds segment EBITDA declined 64% to -₹ 18 crore. Adjusted PAT declined 43.1% YoY to ₹ 22.5 crore

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Research view on more stocks

Agrochemicals company Rallis India announced Q4FY24 & FY24 results:

Financial Highlights:

  • Revenue: Reported at Rs 2,648 crore in FY24, registering a decrease of 11% compared to the previous year.
  • Profit After Tax (PAT): Rs 148 crore, showing a significant increase from Rs 92 crore in FY23.
  • Dividend:Board recommends a dividend of Rs 2.5 per equity share.
  • Seeds Revenue: Grew by 21%, achieving a break-even profit.
  • Exports Business: Declined by 35% due to geopolitical unrest and ongoing de-stocking.
  • Innovation: Innovation turnover index improved to 16% in FY24.
  • Product Portfolio: Three new products in the Crop nutrition portfolio launched in Q4FY24.

 

 

 

 

Result PDF

View Other Company Results

Rallis India Ltd shares SWOT Analysis

Strengths (9)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Growth in Quarterly Net Profit with increasing Profit Margin (YoY)

Weakness (3)

  • Declining Revenue every quarter for the past 2 quarters
  • Declining profits every quarter for the past 2 quarters
  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (2)

  • Results Screener: Stocks with upcoming results which are seeing positive shifts in share price
  • RSI indicating price strength

Threats (2)

  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 357.3
R2 362.5
R3 367.7
Pivot

352.17

S1 347.0
S2 341.8
S3 336.6
EMA SMA
328.4
307.0
288.0
267.4
329.5
298.3
280.4
259.1
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
QE SECURITIES LLP Bulk Purchase 2024-03-07 285.22 1952115 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2024-03-07 281.21 1419840 NSE
QE SECURITIES LLP Bulk Sell 2024-03-07 284.54 1998314 NSE
Name Category Shares
TATA CHEMICALS LIMITED PROMOTER 55.04%

OUR RESEARCH VIEW

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

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Rallis India Ltd Stocks COMPARISON

Financials( in Cr) Rallis India Ltd P I Industries Ltd UPL Ltd Bayer CropScience Ltd Sumitomo Chemical India Ltd
Price 352.15 3,880.60 557.30 6,597.90 498.40
% Change 7.54 0.91 -0.45 0.13 0.23
Mcap Cr 6,848.23 58,875.69 41,831.38 29,652.28 24,877.44
Revenue TTM Cr 2,648.38 6,492.00 53,576.00 5,139.70 2,843.95
Net Profit TTM Cr 147.87 1,229.50 4,414.00 758.20 369.74
PE TTM 46.19 35.00 0.00 40.06 70.82
1 Year Return 68.65 5.47 -15.57 42.16 15.87
ROCE 10.97 21.56 15.20 32.05 20.61
ROE 8.31 18.46 16.20 25.91 15.33
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 1,829.49 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 21,424.68 50,451.86
LAST 3M 100,072.29 51,097.20
LAST 6M 183,053.48 43,859.44
LAST 12M 309,832.68 84,987.81
Board Meeting for Today

Jul 18, 2024 l Board Meetings for Today

Board Meetings Forthcomming

Jul 18, 2024 l Board Meetings Forthcomming

NSE Board Meetings Forthcomming

Jul 18, 2024 l NSE Board Meetings Forthcomming

Date Action Type Ratio
Jun 03, 2024 Dividend 250
Jun 06, 2022 Dividend 300

Rallis India Ltd Information

Stock PE (TTM)
46.19
Promoter Holding
55.08%
Book Value
94.0761
ROCE
10.97%
ROE
8.31%
Description
  • 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.com
Registrar

TSR Consultants P Ltd

AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 500355
NSE Code : RALLIS
Book Closure Date (Month) : May/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 Jul 16, 2024 04:08 PM the closing price of Rallis India Ltd was Rs.352.15.

The latest PE ratio of Rallis India Ltd as of Jul 16, 2024 04:08 PM is 46.19

The latest PB ratio of Rallis India Ltd as of Jul 16, 2024 04:08 PM is 0.27

The 52-week high of Rallis India Ltd share price is Rs. 357.35 while the 52-week low is Rs. 205.10

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

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 Jul 16, 2024 04:08 PM, the market cap of Rallis India Ltd stood at Rs. 6,848.23 Cr.

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