Financial Performance Summary

Q2 FY27 (Quarter Ended September 30, 2026)

  • Revenue: ₹858 crore (compared to ₹861 crore in Q2 FY26)
  • PAT: ₹85 crore (compared to ₹102 crore in Q2 FY26)
  • EBITDA: ₹126 crore (compared to ₹154 crore in Q2 FY26)
  • EBITDA Margin: 14.7%
  • PAT Margin: 9.9%

H1 FY27 (Half Year Ended September 30, 2026)

  • Revenue: ₹1,880 crore (compared to ₹1,818 crore in H1 FY26, representing 3% growth)
  • PAT: ₹210 crore (compared to ₹197 crore in H1 FY26, representing 6% growth)
  • EBITDA: ₹311 crore (compared to ₹304 crore in H1 FY26)
  • EBITDA Margin: 16.5%
  • PAT Margin: 11.2%

Business Segment Performance - Q2 FY27

Crop Care Business

  • Overall Growth: 4% year-on-year
  • B2B Segment: 17% growth with strong recovery in CSM portfolio
  • Domestic Formulations (B2C): Flat year-on-year performance
  • Herbicides: 16% growth
  • Insecticides: Flat growth
  • Soil & Plant Health (SPH) Business: 22% growth, primarily driven by price growth

New Product Launches - Q2 FY27

The company launched four new products in the Crop Care category:

1. Silentra - Insecticide for Rice BPH segments

2. Marcellus - Fungicide for sheath blight segments

3. Blitox Super - Fungicide for disease control in key horticulture crops

4. Trynage - Herbicide for sugarcane

Seeds Business

  • Recorded a decline in performance
  • Primary reason: Higher returns from the Kharif season

Management Commentary

Dr. Gyanendra Shukla, Managing Director & CEO, stated that the company navigated a disruptive business environment during Q2 FY27 by focusing on portfolio and operational efficiencies. Weather-related disruptions and delayed sowing continued to impact market demand during the quarter/season. The company remains focused on improving market execution, driving cost efficiencies, and strengthening customer engagement to navigate these challenges and enhance business performance.

Corporate Background

Rallis India Limited is a subsidiary of Tata Chemicals Limited and part of the over US$180 billion Tata Group. The company has more than 77 years of experience in serving rural markets with a comprehensive portfolio of agricultural products and solutions. The company operates through a vast distribution network of 7,200 dealers and over 95,000 retailers across India and has marketing alliances with several multinational agrochemical companies.