Rallis India Ltd (NSE:RALLIS)
₹ 213.03 -1.83 (-0.85%) Market Cap: 41.44 Bil Enterprise Value: 36.61 Bil PE Ratio: 19.43 PB Ratio: 2.03 GF Score: 75/100

Q1 2025 Rallis India Ltd Earnings Call Transcript

Jul 19, 2024 / 05:30AM GMT
Release Date Price: ₹324.65 (-4.65%)

Key Points

Positve
  • Rallis India Ltd (BOM:500355) reported a 9% volume growth, indicating strong demand in certain segments.
  • The domestic Crop Care business showed a positive growth of 13%, driven by favorable monsoon and stable input prices.
  • The company has launched five new products in the Crop Care segment, which could drive future growth.
  • Rallis India Ltd (BOM:500355) has made significant progress in supply chain management, linking demand and supply planning with SAP IBP GreenLight.
  • The company is focusing on developing differentiated products and improving customer connectivity through digital initiatives.
Negative
  • EBITDA for the quarter stood at INR 96 crores, a decrease of 13% compared to the same quarter last year.
  • Profit after tax for the quarter was INR 48 crores, down from INR 63 crores in Q1 FY24.
  • International business revenues declined by 5% due to price challenges, despite a 19% volume growth.
  • The seed business faced a revenue drop of 16% due to supply shortages in several crops.
  • Gross margins were compressed due to a mix of lower-margin products and price pressures in the international market.
Operator

Ladies and gentlemen, good day, and welcome to Rallis India Limited Q1 FY25 earnings conference call. I now hand the conference over to Mr. Gavin Visa from CDR India. Thank you, and over to you, Mr. Visa.

Gavin Desa
CDR India - IR

Thank you, and good day, everyone, and thank you for joining us on wireless India Limited Q1 FY25 earnings call. We have with us today Mr. Gyanendra Shukla, Managing Director and CEO; S Nagarajan, Chief Operating Officer; and Ms. Subhra Gourisaria, Chief Financial Officer.

Before we begin, I would like to mention that some of the statements made in today's discussions may be forward-looking in nature and may involve risks and uncertainties.A detailed statement in this regard is available in the results presentation. I now invite Mr. Shukla to begin proceedings of the call.

Gyanendra Shukla
Rallis India Ltd - Chief Executive Officer, Managing Director, Executive Director

Thanks, Gavin, and good morning, everyone, and thank you for joining us today on our Q1 fiscal year 25

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