Rallis India Ltd
Rallis India, a Tata Group company Group Co., has a history of over 150 years. The company is into manufacturing of Agrochemicals and is present across the value chain of agriculture inputs - from seeds to organic plant growth nutrients. Rallis is also in the business of contract manufacturing for global corporations. [1]
- Market Cap ₹ 6,177 Cr.
- Current Price ₹ 318
- High / Low ₹ 379 / 196
- Stock P/E 49.8
- Book Value ₹ 97.9
- Dividend Yield 0.79 %
- ROCE 10.1 %
- ROE 6.65 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 41.5%
Cons
- Stock is trading at 3.26 times its book value
- The company has delivered a poor sales growth of 3.41% over past five years.
- Company has a low return on equity of 6.79% over last 3 years.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
1,519 | 1,493 | 1,288 | 1,386 | 1,498 | 1,984 | 2,252 | 2,429 | 2,604 | 2,967 | 2,648 | 2,663 | |
1,269 | 1,237 | 1,079 | 1,148 | 1,270 | 1,741 | 1,987 | 2,104 | 2,323 | 2,746 | 2,335 | 2,375 | |
Operating Profit | 250 | 255 | 209 | 238 | 228 | 243 | 265 | 325 | 281 | 221 | 313 | 288 |
OPM % | 16% | 17% | 16% | 17% | 15% | 12% | 12% | 13% | 11% | 7% | 12% | 11% |
6 | 2 | 5 | 168 | 9 | 30 | 46 | 49 | 22 | 13 | 16 | 33 | |
Interest | 10 | 7 | 10 | 4 | 6 | 8 | 10 | 7 | 7 | 14 | 19 | 14 |
Depreciation | 36 | 45 | 38 | 42 | 41 | 46 | 62 | 64 | 74 | 91 | 114 | 120 |
Profit before tax | 209 | 206 | 165 | 359 | 191 | 219 | 239 | 304 | 222 | 128 | 196 | 187 |
Tax % | 30% | 29% | 24% | 26% | 26% | 29% | 22% | 25% | 26% | 28% | 24% | 33% |
146 | 145 | 126 | 266 | 141 | 154 | 185 | 229 | 164 | 92 | 148 | 125 | |
EPS in Rs | 7.53 | 7.48 | 6.49 | 13.68 | 7.28 | 7.93 | 9.54 | 11.76 | 8.45 | 4.73 | 7.60 | 6.43 |
Dividend Payout % | 32% | 33% | 39% | 27% | 34% | 32% | 26% | 26% | 36% | 53% | 33% | 39% |
Compounded Sales Growth | |
---|---|
10 Years: | 6% |
5 Years: | 3% |
3 Years: | 1% |
TTM: | 1% |
Compounded Profit Growth | |
---|---|
10 Years: | -2% |
5 Years: | -7% |
3 Years: | -10% |
TTM: | -16% |
Stock Price CAGR | |
---|---|
10 Years: | 4% |
5 Years: | 6% |
3 Years: | 18% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 9% |
3 Years: | 7% |
Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 | 19 |
Reserves | 694 | 779 | 899 | 1,106 | 1,159 | 1,266 | 1,391 | 1,572 | 1,677 | 1,711 | 1,810 | 1,885 |
40 | 75 | 36 | 22 | 21 | 73 | 94 | 76 | 93 | 137 | 134 | 63 | |
384 | 359 | 356 | 404 | 533 | 801 | 944 | 920 | 1,069 | 931 | 1,040 | 1,007 | |
Total Liabilities | 1,137 | 1,232 | 1,310 | 1,551 | 1,733 | 2,159 | 2,447 | 2,587 | 2,858 | 2,798 | 3,003 | 2,974 |
395 | 373 | 342 | 350 | 351 | 581 | 593 | 631 | 771 | 758 | 1,008 | 904 | |
CWIP | 13 | 14 | 24 | 23 | 25 | 51 | 76 | 164 | 130 | 237 | 62 | 52 |
Investments | 219 | 232 | 305 | 534 | 390 | 109 | 302 | 283 | 212 | 223 | 251 | 412 |
510 | 614 | 639 | 644 | 968 | 1,419 | 1,476 | 1,508 | 1,745 | 1,581 | 1,683 | 1,607 | |
Total Assets | 1,137 | 1,232 | 1,310 | 1,551 | 1,733 | 2,159 | 2,447 | 2,587 | 2,858 | 2,798 | 3,003 | 2,974 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
155 | 64 | 218 | 353 | -5 | 79 | 338 | 216 | 166 | 217 | 269 | 295 | |
-65 | -42 | -134 | -275 | 95 | -51 | -246 | -162 | -103 | -142 | -102 | -214 | |
-105 | -24 | -52 | -74 | -92 | -52 | -74 | -67 | -61 | -41 | -184 | -80 | |
Net Cash Flow | -15 | -2 | 32 | 3 | -1 | -23 | 18 | -13 | 1 | 34 | -18 | 1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 33 | 50 | 52 | 59 | 89 | 82 | 73 | 61 | 63 | 61 | 80 | 74 |
Inventory Days | 99 | 114 | 128 | 121 | 170 | 224 | 193 | 200 | 227 | 158 | 199 | 185 |
Days Payable | 101 | 85 | 95 | 113 | 167 | 178 | 176 | 156 | 182 | 117 | 148 | 134 |
Cash Conversion Cycle | 32 | 80 | 85 | 68 | 92 | 129 | 90 | 105 | 107 | 102 | 131 | 126 |
Working Capital Days | 16 | 46 | 51 | 51 | 93 | 92 | 60 | 67 | 72 | 62 | 69 | 64 |
ROCE % | 30% | 26% | 19% | 20% | 17% | 18% | 17% | 19% | 14% | 8% | 11% | 10% |
Documents
Announcements
-
Increase In Volume - Clarification
2 Jun - Rallis India clarifies no pending announcements amid increased trading volume.
-
Clarification sought from Rallis India Ltd
2 Jun - Exchange has sought clarification from Rallis India Ltd on June 2, 2025, with reference to Movement in Volume.
-
Increase In Volume - Clarification
1 Jun - Rallis India clarifies no undisclosed info behind recent volume increase.
-
Intimation To The Holders Of Physical Securities To Furnish PAN, KYC Details And Bank Account Details As Per SEBI Circular Dated May 7, 2024
31 May - Rallis India requests physical shareholders to update PAN, KYC, and bank details per SEBI circular.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 May - Listing Regulations, we enclose the copies of the newspaper advertisements published for giving notice of the 77th AGM, remote e-Voting details, Dividend Record date.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from nse
Concalls
-
Apr 2025Transcript PPT REC
-
Feb 2025TranscriptNotesPPT
-
Jan 2025TranscriptPPT
-
Jan 2025Transcript PPT REC
-
Oct 2024Transcript PPT REC
-
Jul 2024Transcript PPT
-
Apr 2024Transcript PPT REC
-
Jan 2024Transcript PPT
-
Nov 2023Transcript PPT
-
Jul 2023Transcript PPT
-
May 2023Transcript PPT
-
Jan 2023Transcript PPT
-
Oct 2022Transcript PPT
-
Jul 2022Transcript PPT
-
Apr 2022TranscriptPPT
-
Apr 2022Transcript PPT
-
Jan 2022Transcript PPT
-
Oct 2021Transcript PPT
-
Jul 2021TranscriptNotesPPT
-
Apr 2021Transcript PPT
-
Jan 2021TranscriptNotesPPT
-
Oct 2020TranscriptNotesPPT
-
Jul 2020Transcript PPT
-
May 2020Transcript PPT
-
Jan 2020Transcript PPT
-
Oct 2019TranscriptNotesPPT
-
Jul 2019TranscriptNotesPPT
-
Jan 2019TranscriptNotesPPT
-
Oct 2018TranscriptNotesPPT
-
May 2018TranscriptNotesPPT
-
Apr 2017TranscriptNotesPPT
-
Jan 2017TranscriptNotesPPT
-
Apr 2016TranscriptNotesPPT
Parentage[1]
Managerial and operational support from TATA Chemicals Ltd (TCL) continues to benefit the company. TCL is engaged in manufacturing of soda ash, sodium bicarbonate, caustic soda and bromides. Rallis is strategically important for TCL as it is the only group company catering to agrochemical space. Further, it might be noted that TATA chemicals recently increased stake in Rallis India to 55.05% in July 2023 from 50.06% earlier further reiterating Rallis’ strategic importance to the group. In FY10, Rallis became a subsidiary of TCL; earlier, it was jointly owned by multiple Tata group companies.