Rallis India LimitedRALLISCorporate

Pesticides / Agrochemicals - Indian Latest results: Sep 2023 14 quarters of data

₹204.93

MCap ₹3,985 Cr

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹832 Cr

Sales · Sep 2023

₹133 Cr

Operating Profit · Sep 2023

16.0%

OPM % · Sep 2023

₹82 Cr

Net Profit · Sep 2023

₹4.23

EPS · Sep 2023

📝 Rallis India Limited — results explained

Quarter ended September 2023 (Q2 FY24)

Rallis India Limited reported revenue of ₹832 crore for the quarter ended September 2023 (Q2 FY24).

Net profit stood at ₹82 crore. Earnings per share (EPS) came in at ₹4.23.

Operating profit stood at ₹133 crore — an operating margin (OPM) of 16.0%.

Full year and trailing twelve months

For the full year FY22, Rallis India Limited posted revenue of ₹2,605 crore, a growth of 7.2% over FY21, with a net profit of ₹164 crore (down 28.4% year-on-year).

Valuation snapshot

At the current price of ₹204.93, RALLIS has a market capitalisation of ₹3,985 crore.

Within the Pesticides / Agrochemicals - Indian industry, it is the 3rd-largest of the 19 companies we track by market value.

Shareholding pattern

As of Jun 2026, promoters held 55.08%, foreign institutional investors (FIIs) 9.12%, domestic institutional investors (DIIs) 11.72%, the government 0.41%, public shareholders 23.67% of Rallis India Limited.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹3,985 Cr

Current Price ?

₹204.9

P/E ?

N/A

Industry P/E ?

17.40

P/B ?

1.95

P/S ?

N/A

P/FCF ?

27.87

Enterprise Value ?

₹4,046 Cr

EV/EBITDA ?

N/A

PEG ?

N/A

Earnings Yield ?

N/A

Dividend Yield ?

1.46%

Profitability & Returns

Sales (TTM) ?

N/A

OPM ?

N/A

Profit after tax (TTM) ?

N/A

EPS (TTM) ?

N/A

ROCE ?

14.0%

ROE ?

N/A

ROA ?

N/A

Growth

Sales — latest qtr ?

₹832 Cr

PAT — latest qtr ?

₹82 Cr

YoY qtr sales growth ?

N/A

YoY qtr profit growth ?

N/A

Sales growth (3y) ?

Sales growth (5y) ?

Profit growth (3y) ?

Profit growth (5y) ?

-2%

Financial Health

Debt ?

₹61 Cr

Debt to Equity ?

0.03

Interest Coverage ?

50.0

Current Ratio ?

N/A

Ownership

Promoter holding ?

55.08%

Change in promoter holding ?

0.00%

Pledged percentage ?

N/A

Market

Return 3 months ?

-12.4%

Return 6 months ?

-23.5%

🗓️ Quarterly results (14 quarters · ₹ Cr)

same fiscal quarter as Sep bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Mar 2019	Jun 2019	Sep 2019	Dec 2019	Mar 2020	Jun 2020	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Sep 2023	YoY %	QoQ %
Sales	340	623	749	534	346	663	725	570	471	741	728	628	508	832	—	—
Operating Profit	7	95	119	56	-10	128	117	60	18	122	88	67	-3	133	—	—
Other Income	11	8	7	10	21	12	15	14	10	7	7	5	7	5	—	—
Interest	2	2	2	2	1	2	1	1	1	1	1	1	1	3	—	—
Depreciation	11	14	19	16	13	18	20	11	15	18	18	18	20	26	—	—
Profit Before Tax	6	87	105	48	-3	120	110	62	12	109	76	53	-16	110	—	—
Net Profit	1	68	85	38	1	92	83	46	8	82	56	40	-14	82	—	—
EPS	0.08	3.48	4.41	1.96	0.03	4.72	4.27	2.35	0.42	4.23	2.90	2.03	-0.73	4.23	—	—
OPM %	2.1%	15.2%	15.9%	10.5%	-2.9%	19.3%	16.1%	10.5%	3.8%	16.5%	12.1%	10.7%	-0.6%	16.0%	—	—

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY21	FY22	TTM	YoY %
Sales	₹2,429 Cr	₹2,605 Cr	—	+7.2%
Operating Profit	₹323 Cr	₹274 Cr	—	-15.2%
OPM %	13.30%	10.52%	—	-20.9%
NPM %	9.43%	6.30%	—	-33.2%
Other Income	₹51 Cr	₹26 Cr	—	-49.0%
Depreciation	₹64 Cr	₹74 Cr	—	+15.6%
Interest	₹5 Cr	₹4 Cr	—	-20.0%
EBIT	₹259 Cr	₹200 Cr	—	-22.8%
PBT	₹304 Cr	₹222 Cr	—	-27.0%
Tax	—	—	—	—
Net Profit	₹229 Cr	₹164 Cr	—	-28.4%
EPS	₹11.76	₹8.43	—	-28.3%
Material Cost	—	—	—	—
Employee Cost	—	—	—	—
Extraordinary Items	—	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Equity Capital	19	19	19	19	+0.0%
Reserves	1,711	1,810	1,885	2,024	+7.4%
Borrowings	137	134	63	61	-3.2%
Other Liabilities	931	1,040	1,007	1,241	+23.2%
Total Liabilities	2,798	3,003	2,974	3,345	+12.5%
Fixed Assets	758	1,008	904	849	-6.1%
CWIP	237	62	52	32	-38.5%
Investments	223	251	412	505	+22.6%
Other Assets	1,581	1,683	1,607	1,958	+21.8%
Total Assets	2,798	3,003	2,974	3,345	+12.5%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Cash from Operating Activity	217	269	295	172	-41.7%
Cash from Investing Activity	-142	-102	-214	-95	+55.6%
Cash from Financing Activity	-41	-184	-80	-66	+17.5%
Net Cash Flow	34	-18	1	11	+1000.0%
Free Cash Flow	31	188	224	143	-36.2%
CFO/OP	121%	105%	121%	66%	-45.5%

➗ Ratios (latest 4 periods)

Metric	Mar 2023	Mar 2024	Mar 2025	Mar 2026	% Chg
Debtor Days	61	80	74	78	+5.4%
Inventory Days	158	199	185	217	+17.3%
Days Payable	117	148	134	164	+22.4%
Cash Conversion Cycle	102	131	126	130	+3.2%
Working Capital Days	48	67	63	68	+7.9%
ROCE %	8%	11%	10%	14%	+40.0%

👥 Shareholding (latest 5 periods)

Metric	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	% Chg
Promoters	55.08%	55.08%	55.08%	55.08%	55.08%	+0.0%
FIIs	11.28%	14.20%	12.08%	11.55%	9.12%	-21.0%
DIIs	13.84%	11.20%	11.30%	11.32%	11.72%	+3.5%
Government	0.41%	0.41%	0.41%	0.41%	0.41%	+0.0%
Public	19.37%	19.12%	21.14%	21.64%	23.67%	+9.4%
No. of Shareholders	1,28,437	1,26,636	1,35,010	1,29,225	1,30,812	+1.2%

⚖️ Peer comparison

Industry: Pesticides / Agrochemicals - Indian · 19 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	SHARDACROP Sharda Cropchem	₹725.00	6,541	10.4	5,357	626	19.5%	11.7%	21.9%	123.7%	9.0%	-38.4%
2	DHANUKA Dhanuka Agritech	₹961.85	4,288	16.4	1,978	265	19.6%	13.4%	-24.5%	-36.2%	-7.9%	-27.3%
3	RALLIS Rallis India	₹198.12	3,853	—	—	—	—	—	7.2%	-28.4%	—	—
4	NACLIND NACL Industries	₹136.70	3,202	279.0	1,519	12	7.0%	0.8%	28.3%	105.0%	-14.5%	59.8%
5	BHAGCHEM Bhagiradha Chemicals	₹244.25	3,167	115.2	607	28	13.0%	4.5%	21.7%	31.1%	57.6%	235.0%
6	BHARATRAS Bharat Rasayan	₹1,157.40	1,924	13.4	1,203	143	14.6%	11.9%	5.9%	3.3%	-10.4%	-6.1%
7	INSECTICID Insecticides (India)	₹608.95	1,772	14.2	2,060	125	10.1%	6.1%	7.0%	-1.2%	-11.5%	-24.5%
8	IPL India Pesticides	₹134.99	1,555	14.4	1,033	108	15.9%	10.5%	27.5%	44.4%	-8.5%	-34.8%
9	ASTEC Astec LifeSciences	₹696.90	1,553	—	441	-67	1.3%	-15.1%	17.5%	39.9%	-8.3%	43.4%
10	MOL Meghmani Organics	₹57.90	1,472	22.9	2,103	64	9.9%	3.1%	4.5%	371.1%	-11.5%	280.0%
11	PUNJABCHEM Punjab Chemicals	₹1,037.20	1,272	19.4	1,058	65	11.8%	6.2%	14.4%	64.3%	8.7%	7.0%
12	EXCELINDUS Excel Industries	₹966.80	1,215	17.0	1,079	71	10.2%	6.6%	11.9%	-12.0%	-5.1%	-12.7%
13	DHARMAJ Dharmaj Crop	₹269.40	910	15.1	1,155	60	9.3%	5.2%	22.5%	91.4%	4.6%	16.8%
14	BESTAGRO Best Agrolife	₹18.99	674	22.6	1,272	30	10.4%	2.3%	-30.7%	-87.1%	4.0%	103.2%
15	HERANBA Heranba Industries	₹167.20	669	—	1,525	-77	5.7%	-5.0%	13.1%	-3549.1%	-15.3%	11.2%
16	SHIVALIK Shivalik Rasayan	₹350.80	562	38.3	375	20	12.3%	5.2%	18.0%	-12.0%	7.9%	59.5%
17	SIKKO Sikko Industries	₹5.85	256	41.9	65	6	12.0%	9.4%	2.3%	109.7%	-2.3%	43.4%
18	CLSL Crop Life	₹48.35	83	12.6	207	7	8.2%	3.4%	—	—	-7.4%	33.3%
19	ARISTO Aristo Bio-Tech	₹89.15	61	8.5	363	7	4.4%	1.9%	—	—	2.9%	—

❓ Frequently asked questions

What was Rallis India Limited's revenue in Q2 FY24?