Rallis India Limited is engaged in the business of manufacturing and marketing agriculture inputs. The company’s manufacturing facilities are located in India while it sells its products in India as well as abroad. The company operates in several segments, the most important out of all of them being agri-inputs and polymer . The agri-inputs segment comprises of pesticides, plant growth nutrients (PGN) and seeds. The company's non-pesticide portfolio consists of agri services.
The company also offers products for crop protection, such as fungicides, including Contaf, Contaf Plus, Master and Fujione; weedicides, including Fateh, Tata Metri, Tata Panida, and insecticides, including Tata Mida, Reeva, Asataf and Manik. The company offers a variety of categories of products, including hybrid maize, hybrid paddy, hybrid pearl millet, mustard and wheat.
On the financial front, Rallis India witnessed a slight decline in its net sales by 4.75 per cent to ₹264.76 crore in the first quarter of FY18 as against ₹278 crore in Q1FY17. The PBIDT of the company slumped 66.85 per cent to ₹8.44 crore in Q1FY18, as against ₹25.46 crore in Q1FY17. The profit after tax of the company also got reduced by over 99 per cent to ₹1.13 crore in the first quarter of FY18 as against ₹126.68 crore in the first quarter of the previous fiscal.
However, on an annual basis, the net sales grew 8.54 per cent to ₹1,505.17 crore in FY17 from ₹1,386 crore in the previous fiscal. The company’s PBIDT grew 13.95 per cent to ₹235.03 crore in FY17 from ₹206.25 crore in the previous fiscal. The profit after tax of the company grew 110.90 per cent to ₹266.03 crore in FY17 from ₹126.14 crore in FY16.