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HomePosts Tagged "Sanjiv Lal"
Agribusiness, Agro chems – Chemicals, Company News, India

With these new product wins, Rallis has broadened its CSM customer base especially among Japanese innovator agrochemical companies.

Rallis India Ltd, a leading agri-inputs company, grew its Custom Synthesis & Manufacturing (CSM) portfolio through commercialization of 3 new products in FY24. These new products span across the agrochemical value chain and include one each of Intermediates, Active Ingredients (AI) and Formulations. Two of these three products are being manufactured at Rallis India’s new manufacturing plants at Dahej. With these new product wins, Rallis has broadened its CSM customer base especially among Japanese innovator agrochemical companies.

Commenting on this development, Sanjiv Lal, MD & CEO of Rallis India Limited said, “This expansion of our CSM portfolio reflects our strategic commitment to more chemistry-led manufacturing underlying our recent investments at Dahej. These new product successes and customer acquisitions further affirm the enduring trust that Rallis India holds from a growing number of Japanese and other global agrochemical companies”.

S.Nagarajan, Chief Operating Officer of Rallis India Limited, added, “The commercialisation of these new products demonstrates our enhanced process development, scale-up and manufacturing capabilities to handle complex chemistries and next-gen sustainable formulations. It is also a testament to our ability to work closely and transparently with the customers to deliver high quality products at the right price while upholding our stringent EHS standards”.

Rallis remains committed to further expansion and scale-up of its product portfolio by strengthening its existing customer partnerships and building new ones with global agrochemical companies to advance the cause of sustainable agriculture.

With these new product wins, Rallis has

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

Agribusiness, Agro chems – Fertilizers, Company News, India, Soil Health

NAYAZINC™ is suitable for a wide range of crops; Paddy, Wheat, Maize, Sugarcane, Pulses, Oilseed, Vegetables, Cotton, Sorghum, Mustard; Groundnut, and Soybean.

Rallis India Limited, a Tata enterprise and a leading player in the Indian agri inputs industry, is strengthening farming practices with NAYAZINC™, a unique, patented zinc fertiliser designed for soil application. This innovation is transforming agricultural practices across various crops, soils, and agro-climatic conditions, providing farmers a highly efficient alternative to Zinc Sulphate.

NAYAZINC™ is a fully FCO-compliant product with high standards of quality and aspires to replace Zinc sulphate as a preferred choice for Indian agriculture. With 16 percent zinc, it provides optimum zinc nutrition to the plants at almost one-tenth of zinc application when compared to Zinc Sulphate. With 9 percent magnesium also in its content, NAYAZINC™ boosts photosynthesis during the early growth phase. NAYAZINC™ offers an innovative solution suitable for a wide range of crops; Paddy, Wheat, Maize, Sugarcane, Pulses, Oilseed, Vegetables, Cotton, Sorghum, Mustard; Groundnut, and Soybean.

Sanjiv Lal, Managing Director of Rallis India Limited, expressed his enthusiasm about NAYAZINC™, stating, NAYAZINC™ is a testament to our dedication towards achieving our Mission – “Serving Farmers Through Science”. More than 45 percent of Indian soils are low in plant-available zinc, NAYAZINC™ is an innovative solution to enhance productivity and improve sustainability. Zinc nutrition in plants has a strong bearing, much like zinc nutrition in human beings, especially infants and babies. Our investments in this product are intended to provide a strong foundation for healthy soil, producing healthy foods for a healthy nation.”

S.Nagarajan, Chief Operating Officer of Rallis India Limited, added, “Built on the principles of Zinc delicately bound in a Polyphosphate chain to prevent it from undesired reactions in soil, this innovative micronutrient fertiliser allows co-application with any crop nutrient source and acts as a slow-release fertiliser to improve use efficiency several times when compared with the traditional Zinc Sulphate. NAYAZINC™ represents a significant step forward in crop nutrient application”.

Rallis India Limited aspires to elevate agricultural practices through its inventive crop nutrition solutions. The company’s steadfast commitment to R&D and business development has yielded promising results in current markets, reinforcing its leadership in the agri-input Industry. The company is confident that NAYAZINC™ will usher in a new era of sustainable farming practices, benefiting both farmers and the environment in the foreseeable future.

NAYAZINC™ is suitable for a wide range

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

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