Rallis India Share Price

1. Rallis India's standalone revenue from operations grew by 74% compared to the previous quarter to stand at Rs.613.23 crore, while it stood at Rs.352.39 crore in Q1 FY19 and it grew by more than 11% compared to the corresponding period last fiscal.
2. Profit After Tax (PAT) for the said quarter stood at Rs.86.98 crore as compared to Rs.7.76 crore in Q1 FY19 and Rs.81.97 crore in Q2 FY18. PAT for the said quarter grew by more than 7% compared to the corresponding quarter last fiscal.
3. The company reported that its Total current assets stand at Rs.1,177.68 crore as against Rs.948.82 crore as at 31 March 2018, while its Total current liabilities stand at Rs.665.73 crore as compared to Rs.481.84 crore as at 31 March 2018.

Rallis India Q1 FY19 Results

1. The consolidated revenue from operations came in at Rs.573.1 crore, up by 29.7% year-on-year, while the operating profit also inclined by 19.8% year-on-year to stand at Rs.83.1 crore.
2. EBITDA margin contracted by 120bps year-on-year to 14.5% in the said quarter, while the adjusted consolidated net profit came in at Rs.54.7 crore, up by 20.7% year-on-year.
3. The gross profit margin was down by 654bps year-on-year to 39.6% in the said quarter owing to likely higher cost for the procurement of raw material and lower hikes across products due to muted crop prices.
4. However, in absolute terms, the gross profit inclined by 11.3% in the back of higher volumes during the said quarter.

Rallis India Annual Report 2017-18

1. For the financial year ending 31 March 2018, the company reported that its consolidated revenue grew by more than 7.5% year-on-year to stand at Rs.1,791 crore as against Rs.1,664 crore reported during the corresponding fiscal.
2. The consolidated PAT declined slightly by 1.75% to stand at Rs.167 crore as against Rs.170 crore reported during the same period last year.
3. It reported its standalone EBITDA came in at Rs.226 crore as compared to Rs.235 crore reported during the financial year ending 31 March 2017.
4. EBITDA margin contracted to 15% during the said financial year as compared to 16% reported during the corresponding financial year.
5. International revenue for the fiscal year stood at Rs.479 crore as against Rs.441 crore during the fiscal year ending 31 March 2017.

Rallis India Share Price History in 2016 and 2017

1. On the 1st of January 2016, the share price of Rallis India stood at Rs.180 and dipped in the third week of the month before recovering to close at Rs.165.20. In February, the company got the approval for Rs.200 crore project in Gujarat; however, that didn't cheer investors as the stock traded to a low of Rs.144 during the last week of February. In March, the scrip recovered significantly to touch Rs.174.50 before closing for the month at Rs.170.15.
2. In April, the scrip gained about 30 points to touch Rs.203.20 on the 20th and continued to incline during the course of the month to close at Rs.205.70. In May, the company announced a Final Dividend of 250% prompting the stock price to touch Rs.219.55 and the stock continued to rise to close at Rs.221.30 on the last day of trading in June.
3. In July, Rallis India shares jumped 7% on account of a robust Q1 FY17 result which led the scrip to close at Rs.224.70 by the end of the month. The stock remained stable in August as it closed for trading at Rs.226.90. In September, the scrip declined slightly to touch Rs.213.60 before it recovered to close at Rs.223.15.
4. The stock rose to touch Rs.240.25 on the 4th of October. Also, the company announced its Q2 FY17 results prompting the scrip to close at Rs.224.60. In November, the stock took a hit and dropped significantly to touch Rs.183.20 before recovering to close at Rs.204.05; however, the scrip dropped in the month of December to close for the month at Rs.191.60.
5. When the market opened for trading in 2017, the stock opened at Rs.194.60. With a strong Q3 result, the scrip rallied to touch Rs.250.10 on the 3rd of February before closing for the month at Rs.234.40. In March, the stock witnessed a significant rise to touch Rs.259.75 on the last day of trading.
6. On weak Q4 results, the stock price slipped significantly to touch Rs.241.80, down by more than 20 points in the month of April. In May, the stock regained to close at Rs.244.05. In June, the stock witnessed an incline even as the company announced a special dividend of 125% along with a Final Dividend of 250% prompted the stock to gain and close for the month at Rs.242.70.
7. In July, the company reported that its Q1 net profit was down 99.11% which influenced the decline in stock prices as it touched Rs.236.85. This trend continued in the month of August as well as it closed for trading at Rs.227.20. The scrip slipped further in September as the stock price stood at Rs.208.05 on the last day of trading.
8. The Q2 net profit was up by 12.04% prompting the stock to rise and close at Rs.252.65 on the 24th of October. The stock prices plummeted in the month of November; however, the stock rose by 8% as Franklin Templeton MF bought stakes in the company. The stock closed for trading at Rs.245.40 on the last day of trading in November. In December, the scrip declined in the first and second week only to incline significantly in the last week to close for trading at Rs.265.05.

Rallis India Share Price Trend in 2018

1. The Rallis India stock, on the 1st of January 2018, opened for trading at Rs.267.05. While it gained in the first and second weeks, the stock tumbled in the last week of the month to close at Rs.250.25.
2. In February, the scrip remained steady to close the month at Rs.231.40 despite losing during the second and third weeks.
3. The stock declined to touch Rs.218.75 on the 21st of March but recovered towards the end of the month as it closed at Rs.238.25.
4. With the Indian Meteorological Department announcing that the monsoon for the year would be normal, the stock gained to touch Rs.244.80 only to stabilise by the end of the month to close at Rs.220.45.
5. With a target of Rs.240 and a stop loss below Rs.197, investors were positive about Rallis India stock as it touched 213.55 on the last day of May.
6. Despite a Final Dividend of 250% announced by the company, the scrip dropped significantly in the month of June. Also, 144 stocks hit 52-week lows on NSE, which influenced the drop in the share price of the company as it closed at Rs.187.
7. The stock rose briefly in the first week of July before declining to Rs.183.75; however, with a better than expected Q4 results, the stock rose to Rs.200.95 on the last day of trading.
8. The stock continued to incline in the month of August to touch Rs.206.60 but dropped about 15 points during the third week. By the end of the month, the stock regained to close at Rs.209.30.
9. The stock opened for trading at Rs.209.40 on the 1st of September; however, it dropped by the end of the month due to low volume as it closed at Rs.182.10.
10. In October, the scrip rose briefly to touch Rs.189.20 before it declined to its lowest for the year at Rs.170.40.

Should You Invest in Rallis India Stocks?

1. The company has consistently posted an increase in its net profit for the last two quarters reflecting the company's commitment towards a profitable organisation.
2. For Q1 FY19, the company reported that its consolidated revenue rose by 29.7% year-on-year, while it rose by more than 70% in Q2 FY19.
3. For the financial year ending 31 March 2018, the company said its consolidated revenue rose by 7.5% year-on-year.
4. The leadership team of Rallis India are capable of taking strategic decisions to steer the company towards a profitable organisation.

Company Information

Part of the Tata Group of companies, Rallis India is engaged in the manufacture of agrochemicals for the rural market. Its portfolio includes pesticides, herbicides, fungicides and plant nutrients for Indian farmers. It has factories in five locations in the country and network of 1,500 distributors. The company has the largest agrochemicals capacity in the country as it produces 10,000 tonnes per annum of technical grade pesticides and 30,000-tonne litres per annum of formulations.

Company History

The company was established in 1851 as Rallis by Pandias Stephen Ralli. It began by buying full pressed jute bales from press owners in Kolkata. Rallis India was incorporated in 1948 to manufacture and sell agrochemicals. It has emerged as one of the leaders in the Indian agrochemicals industry. In 1951, the company went public and the issue was oversubscribed. By the early nineties, the company became the fourth largest seed company in the country.

Management Team of Rallis India

Bhaskar Bhat

Mr Bhaskar Bhat is the Chairman of Rallis India Ltd. Mr Bhat has extensive experience in sales and marketing who began his career as a management trainee with Godrej and Boyce Manufacturing Co. In 1983, he joined the Tata Watch Project and since then he has been associated with the Tata Watch Project, which was later known as the Titan Watches Ltd. and now Titan Company Ltd. He is a member of the Governing Council at the T.A. Pai Management Institute, Manipal and the SDM Institute of Management and Development, Mysore. Mr Bhat is a B. Tech (Mechanical Engineering) degree holder from IIT-Madras and has a post-graduate diploma in Managment from IIM-Ahmedabad.

V Shankar

Mr V Shankar is the Managing Director and the Chief Operating Officer of Rallis India Ltd. who joined the company in 2005. He was appointed as Executive Director of the company in 2007 and subsequently as Managing Director from 2009. Prior to Rallis India, he served as Chief Operating Officer of Tata Chemicals, Phosphate business. He was with Hindustan Lever Ltd. from 1986 to 2004. Mr Shankar is a Chartered Accountant, Cost Accountant, Company Secretary and a Law Graduate.

R Mukundan

Mr R Mukundan is the Managing Director and the Chief Executive Officer of Rallis India Ltd. since 2018. He served as a Non-Executive Director on the Board of Directors of the company from 2009. He has a wide experience in Strategy and Business Development, Corporate Quality and Business Excellence, Corporate Planning and Manufacturing. He was the Executive Vice President of the Global Chemicals Business and Consumer Products in Tata Chemicals Ltd. from 2007 and currently its Managing Director. He is an Electrical Engineer from IIT-Roorkee and an MBA from FMS, Delhi University.

Rallis India in NSE, BSE and Stock Indices

The equity shares of Rallis India Ltd. are available for trading in the National Stock Exchange of India (NSE) and the Bombay Stock Exchange of India (BSE). The codes for trading Rallis India stocks are as follows:

1. NSE Code - RALLIS
2. BSE Code - 500355
3. ISIN - INE613A01020
4. Sector - Pesticides and Agro Chemicals

Rallis India Ltd. Stock Indices are as follows:

1. S&P CNX 500

Registered Office

Mumbai:

Rallis India Limited,

156/157, 15th Floor,

Nariman Bhavan, 227,

Nariman Point,

Mumbai 400 021

Rallis India Limited,

2nd Floor, Sharda Terraces,

Plot No. 65, Sector 11 CBD Belapur,

Navi Mumbai 400 614

Zonal Offices

Bengaluru:

KSCMF Ltd. Building,

II Floor, III Block, Next to Hotel Chandrika,

8 Cunningham Road,

Bengaluru - 560 052

Chandigarh:

SCF 20,

Sector 17 E P O Box 145,

Chandigarh - 160 017

Kolkata:

16, Hare Street,

P.O. Box 188,

Kolkata - 700 001

Secunderabad:

1-7-241/11,

B.S.D Road,

Secunderabad - 500 003

Regional Offices

Ahmedabad:

3rd Floor, H.K. House,

Ashram Road,

Ahmedabad,

Gujarat - 380009

Bhatinda:

C/o Singla Complex,

Near Kali Mata Mandir,

Malout Road,

Bhatinda - 151001

Guntur:

Survey No. 164C, 165B, 167A,

Nagalaxmi Complex,

Nallapadu Road,

Guntur - 522 004

Lucknow:

C-34, E Park,

Mahanagar Extn.,

Lucknow - 226 012

Pune:

Kapil Tower "A",

1st Floor Next to R.T.O,

Near Sangam Bridge,

Dr Ambedkar Road,

Pune - 411 001

Raipur:

Rallis India Limited,

C/o Lila Logistics,

In front of Jaika Auto Mobile,

Ring Road no 1 Sarona

Raipur - 492 013

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