RALLISNSEQ3FY24January 23, 2024

Rallis India Limited

1,575words
3turns
0analyst exchanges
0executives
Key numbers — 18 extracted
rs,
ed. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand / supply, price conditions in the domestic and overseas market
80%
Insecticides, Fungicides) CUSTOMER ENGAGEMENTS Well entrenched connect with farmers covering 80% of India’s districts efforts on Research focused developing customized products and pack
16%
s categories have been chosen for new product development and commercialization Crop Care ITI% 16% 10% 12% 11% 13% FY19 FY20 FY21 FY22 FY23 Product Launches in Q3FY24 : 3 New Product laun
10%
egories have been chosen for new product development and commercialization Crop Care ITI% 16% 10% 12% 11% 13% FY19 FY20 FY21 FY22 FY23 Product Launches in Q3FY24 : 3 New Product launches
12%
es have been chosen for new product development and commercialization Crop Care ITI% 16% 10% 12% 11% 13% FY19 FY20 FY21 FY22 FY23 Product Launches in Q3FY24 : 3 New Product launches YTD F
11%
ave been chosen for new product development and commercialization Crop Care ITI% 16% 10% 12% 11% 13% FY19 FY20 FY21 FY22 FY23 Product Launches in Q3FY24 : 3 New Product launches YTD FY24:
13%
een chosen for new product development and commercialization Crop Care ITI% 16% 10% 12% 11% 13% FY19 FY20 FY21 FY22 FY23 Product Launches in Q3FY24 : 3 New Product launches YTD FY24: 13 In
rs 5
Rallis commenced shipment of 1 CM a.i and 1 CM formulation, both to 2 separate Japanese innovators 5 Copyright © Rallis India Limited. All rights reserved. 5 DOMESTIC CROP NUTRITION Complete focus o
20%
growing segment Well defined product portfolio covering diverse segments across various crops 20%+ growth p.a. in last 3 years Good future potential to grow given the market situation and po
3%
22 24 Q1 Q2 Q3 FY23 FY24 Q1 Q2 Q3 Q1 Q2 Q3 FY23 FY24 FY23 FY24 • Volume Growth of 3%. However, due to lower prices, revenue lower by 5% vs Q3FY23 • Despite lower revenue, EBITDA hig
5%
Q3 FY23 FY24 FY23 FY24 • Volume Growth of 3%. However, due to lower prices, revenue lower by 5% vs Q3FY23 • Despite lower revenue, EBITDA higher by 16% • PAT higher by 7% vs Q3FY23 vs Q3FY23
7%
ces, revenue lower by 5% vs Q3FY23 • Despite lower revenue, EBITDA higher by 16% • PAT higher by 7% vs Q3FY23 vs Q3FY23 • Crop Care revenue Continued impacted export business which de-grew by 26
Risks & concerns — 2 flagged
global markets in • Seeds revenue higher by 33% vs Q3FY23 • Gross margin improved through superior mix, Dynamic pricing in Domestic Crop Care • Overheads kept under control through continuous cost optimization initiatives Global demand under pressure, Domestic market resilient.
STRENGTHEN CAPABILITY
Cautious approach in placements help in better quality of sales • Exports declined by 26% mainly due to price drop • Gross margin improved through superior mix, Dynamic pricing in Domestic Crop Care 10 Copyright © Rallis India Limited.
STRENGTHEN CAPABILITY
Advertisement
Speaking time
STRENGTHEN CAPABILITY
1
C-Safe
1
FOR ANY QUERIES PLEASE CONTACT BELOW
1
Opening remarks
STRENGTHEN CAPABILITY
PEOPLE & PROCESS DCP – Domestic Crop Protection; IB – International Business; DCN – Domestic Crop Nutrition; MPP’s – Multi Purpose Plants Copyright © Rallis India Limited. All rights reserved. 3 SERVING FARMERS THROUGH SCIENCE 3 DOMESTIC CROP PROTECTION Focused on 3 pillars - Extend portfolio offerings, Strengthen manufacturing and Widen markets Comprises of domestic branded formulations and Institutional business (Herbicides, Insecticides, Fungicides) CUSTOMER ENGAGEMENTS Well entrenched connect with farmers covering 80% of India’s districts efforts on Research focused developing customized products and packages of practices by understanding their emerging needs category, Identified segment and portfolio gaps product for future development. Various segments across categories have been chosen for new product development and commercialization Crop Care ITI% 16% 10% 12% 11% 13% FY19 FY20 FY21 FY22 FY23 Product Launches in Q3FY24 : 3 New Product launches YTD FY24: 13 Insecticides - 9 Herb
C-Safe
RUBY (Rallis Ujjwal Bhavishya Yojana) : Supported eligible 115 farmers to avail Crop Insurance from Govt. Establish vegetable supply chain to an FPC; Helped Onion farmers to adopt sprinkler technology @ Sangamner; Farm advisory, Health & safety training for women farmers (40) @ Chintamani Supports 8 schools (MH) under FALI - Future Agri Leaders of India Math intervention: Partnership with First in Math (FIM): Till date % Students achieved - Grand Championship level (2.83%) and Mathematician level (12.29%) Science intervention: Science Labs set up in Schools (KA) with 80 models TARA (TATA RALLIS Skill Development) : Vaghra ITI: Provided sports kit & garden grass cutter machine; Skill Centres: Data Entry Jobs(27), Beauty care(12), Computer training (8), Cake Making(10) 13 Copyright © Rallis India Limited. All rights reserved. 13 THANK YOU
FOR ANY QUERIES PLEASE CONTACT BELOW
Subhra Gourisaria subhra.gourisaria@rallis.com Vijay Furia vijay.furia@rallis.com Gavin Desa gavin@cdr-india.com E-mail ID/s Suraj Digawalekar suraj@cdr-india.com SERVING FARMERS THROUGH SCIENCE Registered Office Rallis India Limited 23rd Floor, Vios Tower, New Cuffe Parade, Off Eastern Freeway, Wadala, Mumbai - 400037 CIN: L36992MH1948PLC014083 Tel. No.: +91 22 6232 7400 E-mail address: investor_relations@rallis.com Website: www.rallis.com 14 Copyright © Rallis India Limited. All rights reserved. 14
Advertisement
← All transcriptsRALLIS stock page →