Rallis India has reported a steady performance for FY2025–26, delivering 9% revenue growth to Rs. 2,897 crore, alongside its highest-ever EBITDA of Rs. 362 crore and improved EBITDA margins of 12.5%.
Announcing the results, Dr. Gyanendra Shukla, Managing Director & CEO, Rallis India Limited, said, "The Company delivered a steady performance during FY26, supported by broad based growth across key businesses and improvement in margins. The Company reported its highest-ever EBITDA, driven by volume growth and cost optimisation initiatives.”
Profit After Tax rose sharply to Rs. 184 crore, up from Rs. 125 crore in the previous year, reflecting stronger operational performance across segments.
For the full year, revenue increased from Rs. 2,663 crore to Rs. 2,897 crore, driven by gains across Crop Care, Seeds, and B2B businesses.
In the fourth quarter, Rallis posted revenue of Rs. 456 crore, up from Rs. 430 crore in Q4 FY25, supported by moderate volume-led growth despite mixed demand conditions across crops and geographies.
Lower pest pressure in some regions weighed on demand, while select segments remained resilient.
Strong snapshots
The Crop Care business grew 8% in FY26, with Domestic Formulations up 5% on steady brand performance. The B2B exports segment, including Custom Synthesis Manufacturing (CSM), surged 17%, driven by higher volumes and better realisations in key molecules.
The Soil and Plant Health (SPH) segment rose 8%, despite regulatory challenges in biostimulants, supported by targeted demand-generation efforts.
The Seeds business recorded 15% growth, aided by strategic execution even amid supply constraints and weak demand in crops like cotton and mustard.
In Q4, Seeds delivered a standout 23% growth, while Crop Care grew 5%. The B2C segment in Crop Care jumped 15%, but B2B declined 7% due to lower volumes.
The company highlighted key operational and strategic developments during the quarter, including: Crop Protection, the business launched two new insecticide products (Fiplam and Alstor), strengthening the product portfolio.
The company achieved highest-ever production levels of select products, driven by improved manufacturing efficiency and operational excellence initiatives. It continued focus on digital initiatives, enhancing farmer and retailer engagement and improving market reach.
“FY26 reflects our continued focus on strengthening the business through focused execution, portfolio expansion, and customer engagement. While demand conditions varied across the year, we remained focused on improving margins and driving growth across businesses," Shukla said.
