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HomePosts Tagged "Rallis India"
Agribusiness, Agro chems – Chemicals, Company News, Finance, India, Inputs

 In Q1 FY24 company posted Profit after tax was Rs 48 Cr, as compared to Rs 63 Cr of Q1 FY24. Crop care delivered strong volume led revenue growth of 8 per cent.

Rallis India Limited (A TATA Enterprise) is a leading player in the Indian agri inputs industry announced its financial results for the quarter ended June 30, 2024. Announcing the results, Dr Gyanendra Shukla, Managing Director & CEO, Rallis India Limited, said, “The agrochemical Industry continues to face growth challenges due to muted price arising from oversupplies. Domestic demand is looking positive with monsoon arrival and pickup.

Our revenue for Q1 FY25 was at Rs 783 Cr at par with Rs 782 Cr of Q1 FY24, Profit after tax was Rs 48 Cr, as compared to Rs 63 Cr of Q1 PY. Crop care delivered strong volume led revenue growth of 8 per cent. Seeds revenue was down by 16 per cent vs PY largely due to supply constraints. Despite market challenges, concerted actions were taken to drive margins through better product mix and dynamic pricing. We are pleased with the progress of our new launch of “Clasto” in Crop Protection and “Diggaz” in Cotton Seeds. Water Soluble Fertilizers (WSF) plant was commissioned during the quarter to support the Crop Nutrition Business.

We remain cautious about the export market and expect a gradual recovery during the year. Sentiments for the domestic market are positive with the recent monsoon pick-up. On a long-term basis, Customer Centricity will remain a key thrust and we will continue to offer differentiated solutions to solve varying farmer needs. We will further intensify our efforts to build capabilities in Manufacturing, Digitalization and leverage Collaborations and Alliances”.

Key Developments: Q1 FY25

Successful Key New Products launches:

  • Crop Protection- Mark Plus (Diclosulam 0.9% + Pendimethalin 35% SE), 9(3) Herbicide for Soybean and Groundnut
  • Clifton (Mesotrione 2.27%+Atrazine 22.7% SC), Herbicide for Maize and Sugarcane
  • Kevat (Pyrithiobac Sodium 10 % EC), Herbicide for Cotton
  • Blend (Bifenthrin 10% + Thiamethoxam 5% SE), Insecticide for multiple crops
  • Crop Nutrition: Aquafert Pomegranate Grade Water Soluble Fertiliser
  • Seeds: 14 products across field and vegetable crops
  • “Dhaan ka power play” campaign launched to educate farmers of Punjab and Haryana about key Paddy products.

 In Q1 FY24 company posted Profit after

Agribusiness, Agro chems – Fertilizers, India

Rallis India’s extensive distribution network and farmer connect initiatives ensure widespread accessibility and adoption of such solutions across Punjab and Haryana.

Rallis India Limited, a Tata enterprise and a leading player in the Indian agri-inputs industry is actively raising awareness about crop care in the early stages of paddy cultivation through its farmers’ campaign, “Dhaan ka Powerplay,” across Haryana and Punjab.

Paddy crops significantly contribute to the farmers’ income in these markets. As an organization committed to providing farmers with advanced Agri solutions and to sensitize them about the importance of paddy crop health and nourishment in its early stage, Rallis India initiated the ‘Dhaan ka Powerplay’ campaign. This campaign facilitates direct farmer engagement through field visits, demos, one-on-one farmer meetings across Punjab and Haryana.

“Rallis India’s comprehensive crop care solutions are designed to support the farmers of Punjab and Haryana in maximizing their paddy yields. Through this campaign, we aim to drive deeper awareness and adoption of our innovative granular products such as Zaafu, Ralligold GR, Zygant, and Nayazinc that deliver tangible benefits in the crucial initial stage of the crop cycle. It has been Rallis India’s constant endeavor to ensure that farmers are well-informed about the benefits of its products which are tailored to address the specific needs of the region’s paddy varieties,” said, S Nagarajan, Chief Operating Officer, Rallis India Limited.

The objective of ‘Dhaan ka Powerplay’ is to educate farmers on the advantages of using Zaafu, Ralligold GR, Zygant, and Nayazinc, together which are highly suitable for application up to 30 days from the time of transplanting. These products play a pivotal role in enhancing soil health and plant vigor during the crucial initial growth phase of paddy cultivation. Rallis India’s extensive distribution network and farmer connect initiatives ensure widespread accessibility and adoption of such solutions across Punjab and Haryana.

Rallis India's extensive distribution network and farmer

Company News, India, Supply Chain

This is a significant step in establishing integrated end-to-end business planning, response and supply planning processes for domestic and international businesses

Rallis India Limited, a Tata enterprise and a leading player in the Indian agri inputs industry, has successfully launched Plan Guru, a tool to simplify supply chain operations in its crop care and seeds divisions. This is a significant step in establishing integrated end-to-end business planning, response and supply planning processes for domestic and international businesses.

Sanjiv Lal, Managing Director, Rallis India Limited, said, “Plan Guru will bring transformations across the entire supply chain management (SCM) landscape, and help enhance individual capability. By transitioning away from manual processes and embracing a digitally integrated planning approach, we aim to facilitate seamless communication and collaboration across the entire supply chain. This shift, from person-dependent planning and independent data views to more accurate planning with interdependent data views, is a significant one. It will pave the way for improved effectiveness and more informed decision-making.”

Elaborating on the platform, Nagarajan S., Chief Operating Officer, Rallis India Limited, said, “Plan Guru will help us handle market disruptions more effectively since digitalisation brings greater visibility across the supply chain. Digitised real-time simulations of various scenarios allow us to better anticipate challenges, mitigate risks, and maintain a consistent flow of operations. This tool will help us optimise inventory levels while maximising customer service levels. This will thus help build stronger relationships while improving plant utilisation and optimising capital employed”

This is a significant step in establishing

Agribusiness, Agro chems – Chemicals, Company News, Finance, India, Inputs

 Company’s Profit After Tax Margin improved by 60 bps under challenging conditions.

Rallis India Limited, a TATA Enterprise and a leading player in the Agri inputs industry announced its financial results for the quarter ended December 31, 2023.

The Company recorded revenue of Rs 598 Cr for the third quarter ending December 31, 2023, vs Rs 630 Cr over PY. Profit after tax (after exceptional items) was at Rs 24 Cr vs Rs 22 Cr of PY.

Announcing the results, Sanjiv Lal, Managing Director & CEO, Rallis India, said, “During the Quarter, our Domestic business maintained its momentum despite challenging external conditions, recording volume growth of 7 per cent. However, challenges continued on the export front due to steep price drop and weak demand on account of continuing inventory overhang at industry level. Our focus on optimizing working capital and margin improvement continues.

We are closely monitoring Global market demand recovery and remain cautious about El Nino conditions. Global agro-chemical demand is still soft and is expected to recover only next financial year. Meanwhile, the company’s long-term strategy remains unchanged and is focused on refreshing product portfolio, widening of market reach, increasing manufacturing capacities and digitalization in operations”.

Key Developments

Continued its focus on refreshing its Domestic crop care portfolio and launched 3 new products in Crop Care & 4 in Seeds

CSM: Commercial dispatches done for one active ingredient and one formulation from our new MPP and Formulation facilities respectively.

Rallis will commence the construction of integrated R&D facility. Rallis is also planning to further expand capacity of “Pendimethalin”

Rallis awarded with Silver award by “ICAI Sustainability Reporting Awards FY23” for BRSR reporting.

 Company’s Profit After Tax Margin improved by

Agrotech, Company News, India, IT, Seeds

The ‘SeedSure’ app helps deal with critical operations such as data collection and crop assessment during different stages of the crop life cycle.

Rallis India Limited, a Tata enterprise and a leading player in the Indian agri inputs industry announced the roll out of a mobile application, ‘SeedSure’, for monitoring and managing its Hybrid Seed Production (HSP) program. The ‘SeedSure’ app helps deal with critical operations such as data collection and crop assessment during different stages of the crop life cycle. Seedsure is developed with the help of TCS.

Management of Hyrbrid Seed Production is a complex task for many organisations and inefficient seed production monitoring leads to problems like measurable reduction in crop yield or unanticipated yield drops.

Commenting on the introduction of ‘SeedSure’, Sanjiv Lal, MD & CEO of Rallis India Limited, said, “This hybrid seed production monitoring app marks a significant milestone in our journey towards efficient operations. At Rallis India, we recognise the critical role that technology plays in addressing the challenges of the complex seed production process. ‘SeedSure’ is a testament to our unwavering commitment to leveraging innovation and technology to solve these complex challenges”.

Commenting on the diverse merits of ‘SeedSure’, S Nagarajan, Chief Operating Officer of Rallis India Limited, said, “In today’s times, interventions such as ‘SeedSure’ are important for agri input players as they help seamless data collection, monitoring and management of the Hybrid seed Production program. The robust data collected will help in improving production quality, apart from providing early signals of any production challenges. In future, we aim to integrate it with remotely sensed weather and crop data to support AI/ML based predictions on crop yields at a plot level. It is a robust, data-driven and an at-scale approach towards seed management, which paves the way for improved & predictable yields and quality.”

The ‘SeedSure’ app helps deal with critical

Agro chems – Chemicals, Agro chems – Pesticides, Company News, India, Inputs

The result of a strategic partnership with Japan-based agro-chem company, Benzilla’s unique formulation incorporates patented BPX active ingredient for BPH control.

Rallis India Limited, a Tata enterprise and a leading player in the Indian agri inputs industry has launched its differentiated crop protection product, ‘Benzilla’. Backed by extensive research and field trials, Benzilla is a cutting-edge product powered by patented BPX technology from Japan that promises to redefine crop management practices, boost yields and benefit farmers. The result of a strategic partnership between Rallis India Limited and Japan-based agro-chem company, Nihon Nohyaku Co., Ltd (Japan), Benzilla’s unique formulation incorporates IGR technology, ensuring a prolonged and sustained control of Brown Plant Hopper (BPH) infestations in paddy crops.

BPH is regarded as one of the most devastating pests for paddy, which causes serious damage to the crop by sucking the sap from plants, leading to ‘hopper burn’. It also causes indirect damage by transmitting viral diseases such as grassy stunt and ragged stunt viruses.

Speaking about the importance of crop protection solutions in Indian agriculture, Sanjiv Lal, MD & CEO, Rallis India Limited, said, “The agriculture industry is an important contributor to the Indian economy. The role played by the crop protection market is critical in this context, and with the introduction of Benzilla, we aim to strengthen the way BPH is managed in paddy crops in India. We believe this innovation will not only enhance crop protection but also contribute to the sustainability and prosperity of Indian agriculture.”

Adding to this, S Nagarajan, COO, Rallis India Limited, said, “Benzilla is our breakthrough product for paddy farmers. Being a unique mixture of two highly effective technicals, it is designed to target both nymphs and adult BPH, offering a comprehensive approach to control BPH. This multistage action represents its unique differentiation versus the other solutions in the market.  This product is being introduced for the first time in India.”

“While Benzilla is being launched first in Chhattisgarh, it will subsequently be introduced in other major paddy producing states such as– Karnataka, Andhra Pradesh, Telangana, West Bengal and Odisha in the coming months”, concluded S Nagarajan.

The result of a strategic partnership with

Company News, India

The company’s revenue increased by 14 per cent over the previous year.

Agrochemical major, Rallis India announced the financial results of fourth quarter of FY2023. Company has reported revenue of Rs 523 crore in Q4FY23, an increase of 3 per cent over Q4FY22 of Rs 508 crore. The company’s exports recorded a revenue of Rs 979 crore in FY23. The company’s revenue increased by 14 per cent over the previous year. The Crop Nutrition business grew by 22 per cent. Domestic crop care business grew by 12 per cent and exports by 25 per cent during the year.

According to the release by the company, Seed’s revenue at Rs 345 crore was impacted mainly due to segmental shifts in Paddy and due to a supply shortfall in Maize.

  • Q4FY23 summary
    • Revenues of Rs 523 crore for Q4FY23, an increase of 3 per cent over Q4FY22 of Rs 508 crore
    • Loss after tax (after exceptional items) was (Rs 69) crore for Q4FY23, as compared to loss after tax (after exceptional items) of (Rs 14) crore in Q4FY22.
  • FY23 summary
    • Revenues of Rs 2,967 crore for FY23, an increase of 14 per cent over FY22 of Rs 2,604 crore
    • Profit after tax (after exceptional items) was Rs 92 crore in FY23, as compared to FY22 profit after tax (after exceptional items) of Rs 164 crore

Sanjiv Lal, Managing Director, and CEO, of Rallis India, said, “We have recognised a provision for slow moving/non-moving inventory Rs 52.8 crore and impairment in intangible assets Rs 30.4 crore. Work is underway to stabilise the business and improve its unit economics. The positive response to Diggaz, a cotton brand for North India, is encouraging.”

For FY24, there are forecasts of the likely onset of El Nino effects and efforts are underway to mitigate its business impact.

On a longer-term basis, our capex plans, new product introduction plans and demand generation investments remain on course. Our focus on Technology & Digital Transformation projects in our operations will continue.

This year marks the 75th Anniversary of Rallis’ incorporation. We want to thank all our stakeholders for supporting us in this journey. We have themed the milestone as ‘Rooted in Values. Seeding Growth’ and as we continue Serving Farmers through Science.”

The company’s revenue increased by 14 per

Agro chems – Chemicals, Agrotech, Award, Company News, India

Rallis India is currently exporting to 50 countries with key markets across Europe, Asia, Middle East, Americas, Africa and Oceania.

Rallis India Limited has been conferred with the Bronze Award at the 47th Chemexcil Exports Awards organised by the Chemicals Export Promotion Council (Chemexcil) for its export performance in the category of large-scale manufacturers for 2018-19. The award ceremony was held in Mumbai earlier this week.

The award recognizes Rallis India’s performance in the chemical export industry and its significant contribution to the Indian economy. Anupriya Patel, Union Minister of State for Commerce and Industry presented the award to Rallis India.

Sanjiv Lal, Managing Director and CEO of Rallis, said, “In the coming years, our focus on exports will continue to increase. India is positioned to become a leading exporter of agrochemicals. With many products going off-patent, India has an opportunity to take the lead with production of crop protection products. Our focus on quality has helped us become a trusted partner for many international players. It is gratifying to see the work of our team being recognized.”

Rallis India is currently exporting to 50 countries with key markets across Europe, Asia, Middle East, Americas, Africa and Oceania. The company has been focusing on investing in registration to enhance export revenue from existing as well as new markets.

Chemexcil is a statutory body set up by the Government of India to promote and develop the export of chemicals and allied products from India. The council has been instrumental in promoting Indian chemicals and allied products globally, and the awards instituted by Chemexcil are highly prestigious in the Indian chemical export industry.

Rallis India is currently exporting to 50

Agro chems – Chemicals, Agro chems – Pesticides, Agrotech, Company News, India, Sustainability

The drone pilots will conduct demonstrations on approximately 1,000 acres of land on crops such as paddy, onion, Bengal gram, wheat, and vegetables.

Drone-as-a-Service (DaaS) company Garuda Aerospace, India’s leading drone manufacturing company signed a memorandum of understanding (MoU) with Rallis India, a subsidiary of Tata Chemicals and, a leading player in the agriculture industry to spray pesticides on crops in Maharashtra and Andhra Pradesh.

Rallis will supply pesticides and crop nutrients to Garuda Aerospace for a pilot demonstration and spraying of pesticides on fields through drones mainly in the state of Maharashtra and Andhra Pradesh. The drone pilots will conduct demonstrations on approximately 1,000 acres of land on crops such as paddy, onion, Bengal gram, wheat, and vegetables.

This partnership between Garuda and Rallis India will help leverage the key strengths of both parties. While Garuda Aerospace is known to provide drone solutions in the agriculture sector, Rallis India is known for its penetrative distribution network for agrochemicals and seeds.

The partnership with Rallis India will demonstrate end-to-end drone service solution to farmers and the channel partners. This shall also make agri operations convenient for drone pilots to conduct better demonstrations for the farmers, Garuda Aerospace founder and CEO Agnishwar Jayaprakash said.

“With the technology revolution up on us, we are moving towards a tech-adapted environment rapidly. At Rallis India, we have initiated trials and experiments of our product approvals for label expansion for drone spray,” Rallis India Chief Operating Officer, S Nagarajan said.

The drone pilots will conduct demonstrations on

Agro chems – Chemicals

The company expects CAPSTONE and ZAAFU to make up more than 10 per cent of its crop protection portfolio’s fungicide category

A TATA Enterprise Rallis India Limited, has announced the introduction of two new fungicides, CAPSTONE and ZAAFU, which are intended to combat different types of neck blast and sheath blight.

The fungicide portfolio of Rallis India Limited is well known in the market, and the company expects CAPSTONE and ZAAFU to make up more than 10 per cent of its crop protection portfolio’s fungicide category.

Rallis India launches CAPSTONE for the first time on the Indian market to treat this disease. Fenoxanil and Isoprothialane are the main ingredients in CAPSTONE. Isoprothiolane is an inhibitor of lipid biosynthesis, whereas Fenoxanil is an inhibitor of melanin biosynthesis. For the first time in India, farmers will now have access to a mixture containing Fenoxanil. In collaboration with Nihon Nohyaku, a Japanese company that develops agrochemicals, this product was created in India.

CAPSTONE has a dual mode of action because it is a combination of two different action fungicides, giving it qualities like excellent efficacy, longer duration of disease control, no cross-resistance, and prevention against resistance build-up.

The systemic fungicide ZAAFU has a special formulation. Zaafu offers a great treatment for Sheath Blight and Sheath Rot in Paddy. It is a fungicide in the form of granules that are intended to be broadcast in the field along with the first top dressing of fertiliser.

The company expects CAPSTONE and ZAAFU to

Agrotech, Company News, Finance

PBT has been registered at Rs 222 crore with a decline of 24 per cent

Rallis India, a TATA Enterprise and a leading player in the Indian agri inputs industry, announced its financial results for the quarter and the financial year ended March 31, 2022.

The company recorded consolidated revenues of Rs 508 crore in Q4, an increase of 8 per cent over the previous year (PY) of Rs 471 crore. Loss before tax (before exceptional items) was at (Rs 16) crore as compared to PY of profit before tax (before exceptional item) of Rs 10 crore and the Loss after tax (after exceptional items) was (Rs 14) crore, as compared to PY profit after tax (after exceptional item) of Rs 8 crore.

During the 12 months ending March 31, 2022 quarter, the company recorded consolidated revenues of Rs 2604 crore registering a growth of 7.2 per cent over PY of Rs 2429 crore. Profit before tax (before exceptional items) was at Rs 222 crore with a decline of 24 per cent over PY of Rs 294 crore and the profit after tax (after exceptional items) was Rs 164 crore, registering a decline of 28 per cent over PY of Rs 229 crore.

Sanjiv Lal, MD and CEO, Rallis India said, “The company delivered a resilient performance in the wake of multiple headwinds during the year. Our domestic crop care business grew at 14 per cent and exports by 6.2 per cent during the year. Our seeds business faced challenges and revenue declined by 13 per cent. Supply chain challenges continued into Q4 with availability issues for certain intermediates as well as steep cost inflation. We are focussed on minimising the disruptions to our products as much as possible. Calibrated price corrections have helped in partially neutralising the material cost inflation.”

He added, “On the positive side, predictions of normal monsoons and robust commodity prices both locally and globally are expected to have a favourable impact on Indian agriculture. Moving forward we are focused on growth despite the volatile context. On a longer-term basis, our capex plans, new product introduction plans, and demand generation investments remain on course as we believe that normalcy will be restored progressively. While doing this, we are also consistently prioritising the safety and well-being of all our employees and other stakeholders.”

PBT has been registered at Rs 222