MarketFriction

Rallis India Ltd

NSE RALLIS · BSE 500355 · Pesticides & Agrochemicals
₹199.69 -0.02%
NSE close2026-10-01
52 week range196.76 - 315.00
Market cap₹3,882 Cr.
P/E17.0
Microcap 250 Price band 20% Delivery 60.0%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Standalone, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales8325984367839285224309578616234561,022
Expenses699536430687762478450807707565457837
Operating Profit1336269616644-2015015458-1185
OPM %16%10%1.4%12%18%8%-4.7%16%18%9%-0.2%18%
Other Income6265106121216-261415
Interest348532243212
Depreciation263033313029302930292930
Profit before tax11030-296514319-401291371-17168
Tax %25%20%-28%26%31%42%-20%26%26%-100%-12%26%
Net Profit8224-21489811-32951022-15125
EPS in Rs4.221.23-1.082.475.040.57-1.654.895.250.10-0.776.43
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales1,2881,3861,4981,9842,2522,4292,6042,9672,6482,6632,8972,962
Expenses1,0791,1481,2701,7411,9872,1042,3232,7462,3352,3752,5342,566
Operating Profit209238228243265325281221313288362396
OPM %16%17%15%12%12%13%11%7%12%11%13%13%
Other Income51689304649221316331619
Interest104681077141914118
Depreciation3842414662647491114120117118
Profit before tax165359191219239304222128196187250289
Tax %24%26%26%29%22%25%26%28%24%33%27%
Net Profit12626614115418522916492148125184214
EPS in Rs6.4913.687.287.939.5411.768.454.737.606.439.4611.01
Dividend Payout %39%27%34%32%26%26%36%53%33%39%32%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth8%4%-1%4%
Compounded Profit Growth5%-2%30%33%
Stock Price CAGR-1%-7%-2%-36%
Return on Equity10%8%8%10%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital191919191919191919191919
Reserves7798991,1061,1591,2661,3911,5721,6771,7111,8101,8852,024
Borrowings75362221739476931371346361
Other Liabilities3593564045338019449201,0699311,0401,0071,241
Total Liabilities1,2321,3101,5511,7332,1592,4472,5872,8582,7983,0032,9743,345
Fixed Assets3733423503515815936317717581,008904849
CWIP142423255176164130237625232
Investments232305534390109302283212223251412505
Other Assets6146396449681,4191,4761,5081,7451,5811,6831,6071,958
Total Assets1,2321,3101,5511,7332,1592,4472,5872,8582,7983,0032,9743,345
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity64218353-579338216166217269295172
Cash from Investing Activity-42-134-27595-51-246-162-103-142-102-214-95
Cash from Financing Activity-24-52-74-92-52-74-67-61-41-184-80-66
Net Cash Flow-2323-1-2318-13134-18111
Free Cash Flow34161302-543327258-1531188224143
CFO/OP49%121%181%24%62%149%89%83%121%105%121%66%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days505259898273616361807478
Inventory Days114128121170224193200227158199185217
Days Payable8595113167178176156182117148134164
Cash Conversion Cycle8085689212990105107102131126130
Working Capital Days365051938250616248676368
ROCE %26%19%20%17%18%17%19%14%8%11%10%14%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters55.08%55.08%55.08%55.08%55.08%55.08%55.08%55.08%55.08%55.08%55.08%55.08%
FIIs8.23%9.21%9.20%9.46%10.58%11.86%11.41%11.28%14.20%12.08%11.55%9.12%
DIIs14.44%12.83%12.77%13.26%13.83%13.29%13.78%13.84%11.20%11.30%11.32%11.72%
Government0.41%0.41%0.41%0.41%0.41%0.41%0.41%0.41%0.41%0.41%0.41%0.41%
Public21.84%22.45%22.54%21.79%20.09%19.35%19.31%19.37%19.12%21.14%21.64%23.66%
No. of Shareholders1,35,3521,37,3511,44,1151,38,4341,33,5191,35,5761,36,2411,28,4371,26,6361,35,0101,29,2251,30,812

Fundamentals

Market Cap₹ 3,882 Cr.
Current Price₹ 200
Stock P/E17.0
Book Value₹ 105
ROCE14.1 %
ROE10.2 %
Dividend Yield1.50 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)33%
Standalone figures.
Valuation
Market capRs 3,884 Cr
Enterprise valueRs 3,900 Cr
P/E (TTM)18.15x
Price to book1.90x
Price to sales1.31x
EV / EBITDA9.40x
EV / EBIT13.13x
EV / sales1.32x
Price to cash flow22.57x
Earnings yield5.51%
Dividend yield1.50%
P/E, 3-year average29.78x
P/B, 3-year average2.31x
P/E, 5-year average31.67x
P/B, 5-year average2.37x
Profitability
Operating margin (excl. other income)12.51%
Operating margin (incl. other income)13.08%
EBITDA margin14.01%
Pre-tax margin9.76%
Net profit margin7.22%
Net margin, latest quarter12.23%
ROE9.32%
ROCE12.86%
ROA5.82%
ROE, 3-year average8.11%
ROCE, 3-year average11.42%
ROA, 3-year average5.03%
ROE, 5-year average7.94%
ROCE, 5-year average11.06%
ROA, 5-year average4.88%
ROIC (approx.)10.60%
Tax rate26.54%
Other income / net worth0.81%
Growth
Sales growth (latest year)8.78%
Profit growth (latest year)46.95%
Sales CAGR, 3 years-0.80%
Sales CAGR, 5 years3.58%
Profit CAGR, 3 years25.99%
Profit CAGR, 5 years-4.27%
Sales growth QoQ124.12%
Sales growth YoY (latest quarter)6.79%
Profit growth YoY (latest quarter)31.58%
Per share
EPS (TTM)Rs 11.00
EPS (latest year)Rs 9.45
EPS (latest quarter)Rs 6.43
EPS, 3-year averageRs 7.83
EPS, 5-year averageRs 7.33
Book value per shareRs 105.04
Sales per shareRs 152.29
Cash flow per shareRs 8.85
Free cash flow per shareRs 7.35
Dividend per share (latest year)Rs 3.00
Dividend per share, 3-year averageRs 2.67
Dividend per share, 5-year averageRs 2.70
Dividends
Dividend payout31.73%
Dividend payout, 3-year average34.49%
Dividend payout, 5-year average38.37%
Efficiency
Asset turnover0.87x
Fixed asset turnover3.41x
Inventory turnover2.01x
Inventory days182 days
Debtor days78 days
Debtors turnover4.70x
Creditor days164 days
Cash conversion cycle130 days
Working capital days68 days
Leverage
Total debtRs 61 Cr
Cash and bankRs 45 Cr
Net debtRs 16 Cr
Debt to equity0.03x
Net debt / EBITDA0.04x
Interest coverage37.12x
Current ratio (filing 2026-03-31)1.89x
Quick ratio (filing 2026-03-31)1.10x
Trade payables (filing 2026-03-31)Rs 728 Cr
Owners' fund to total sources61.07%
Debt to assets1.83%
Cash flow
Cash from Operating Activity (latest year)Rs 172 Cr
Cash from Investing Activity (latest year)Rs -95 Cr
Cash from Financing Activity (latest year)Rs -66 Cr
Net Cash Flow (latest year)Rs 11 Cr
Free cash flow (latest year)Rs 143 Cr
FCFE (approx.: FCF + change in debt)Rs 141 Cr
Cash from ops / profit, 5 years1.57x
Sales to cash flow16.83x
Statement figures
Net sales (TTM)Rs 2,962 Cr
Net sales (latest year)Rs 2,897 Cr
Sales (latest quarter)Rs 1,022 Cr
Operating profit excl. other income (latest year)Rs 362 Cr
Operating profit (latest quarter)Rs 185 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 415 Cr
PBDT (TTM)Rs 407 Cr
Profit before tax (TTM)Rs 289 Cr
Tax (latest year)Rs 66 Cr
Net profit (TTM)Rs 214 Cr
Net profit (latest year)Rs 184 Cr
Net profit (latest quarter)Rs 125 Cr
Depreciation (TTM)Rs 118 Cr
Depreciation (latest quarter)Rs 30 Cr
Interest (TTM)Rs 8 Cr
Cost of goods sold (latest year)Rs 1,927 Cr
Total expenditure (latest year)Rs 2,534 Cr
Total income (latest year)Rs 2,913 Cr
Share capitalRs 19 Cr
ReservesRs 2,024 Cr
Shareholders' fundsRs 2,043 Cr
Total assetsRs 3,345 Cr
Net blockRs 849 Cr
Capital work in progressRs 32 Cr
InvestmentsRs 505 Cr
ReceivablesRs 616 Cr
InventoryRs 959 Cr
Other liabilitiesRs 1,241 Cr
Shares outstanding (crore)19.45
Ownership
Promoter holding55.08% (+0.00 in a year)
Computed by MarketFriction from the standalone statements. Returns use average balances.
P/E 18.1 is at the 10th percentile of its own 9.4-year range (median 26.5, low 15.2, high 58.6).
P/B 1.90 is the lowest in 9.4 years (median 2.89).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodRALLISNifty 50Difference
1 week-0.3%-2.8% +2.4 pts
1 month-3.6%-6.8% +3.2 pts
3 months-12.5%-7.6% -4.9 pts
6 months-8.5%+0.4% -8.9 pts
1 year-37.4%-9.9% -27.5 pts
2 years-38.2%-13.6% -24.7 pts
3 years-4.6%+14.2% -18.8 pts
5 years-29.9%+27.9% -57.8 pts
17 mutual fund schemes hold about ₹303 Cr. Over three months 6 bought more and 1 sold (share counts, price move removed).
FundWeightEst. Cr3m shares
SBI Contra Fund0.40%190 +6%
Abakkus Small Cap Fund0.99%28 -1%
Bandhan Value Fund0.16%16 +100%
Bandhan Multi Cap Fund0.47%14 +46%
Tata Small Cap Fund0.09%11 +2%
SBI ELSS Tax Saver Fund0.03%10 -92%
SBI Multi Asset Allocation Fund(A0.05%10 -2%
Bandhan Flexi Cap Fund0.14%10 +100%
ICICI Pru Children's Fund0.32%5 +375%
Motilal Oswal Nifty Microcap 250 Index Fund0.19%5 -1%
iSIF Equity Long-Short Fund0.41%2 +100%
Quantum ESG Best In Class Strategy Fund1.36%1 +2%
Groww Nifty Total Market Index Fund0.01%0 +2%
Angel One Nifty Total Market Index Fund0.01%0 +2%
Motilal Oswal BSE 1000 Index Fund0.01%0 +2%
Mirae Asset Nifty Total Market Index Fund0.01%0 +3%
Bandhan Nifty Total Market Index Fund0.01%0 +2%

Red flags

F-score 6 of 8
No red flags in the latest statements and filings.
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹1,022 Cr +6.8% vs Jun 2025. Net profit ₹125 Cr +31.6%.

Activity

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No bulk or block deals on record.
Ex-dateActionFactor
2026-06-04Dividend - Rs 3 Per Share
2025-06-05Dividend - Rs 2.50 Per Share
2024-06-03Dividend - Rs 2.50 Per Share
2023-05-30Annual General Meeting/Dividend - Rs 2.50 Per Share
2022-06-06Annual General Meeting/Dividend - Rs 3 Per Share
2021-06-09 Annual General Meeting/Dividend - Rs 3 Per Share
2020-06-17 Annual General Meeting/Dividend - Rs 2.50 Per Share
2019-06-19 Annual General Meeting/ Dividend - Rs 2.50 Per Share
2018-06-19 Annual General Meeting/Dividend- Rs 2.50 Per Share
2017-06-09 Annual General Meeting/ Dividend -Rs 2.50 Per Share /Special Dividend-Rs 1.25 Per Share
2016-06-10 Annual General Meeting/ Dividend - Rs 2.50/- Per Share
2015-06-12Annual General Meeting/Dividend - Rs 1.50/- Per Share
2014-10-29Interim Dividend Re.1/- Per Share
2014-06-13Annual General Meeting / Dividend - Rs 1.40/- Per Share
2013-10-30Interim Dividend - Re 1/- Per Share
2013-06-07Annual General Meeting/Dividend Rs 1.30/- Per Share
2012-10-29Interim Dividend Re 1 Per Share
2012-06-11Annual General Meeting And Dividend - Rs.1.20 Per Share
2011-11-01Interim Dividend Re.1/- Per Share
2011-07-15Face Value Split From Rs.10/- To Re.1/-0.1000
2011-06-08Annual General Meeting And Dividend Rs.11/- Per Share
2010-10-28Interim Dividend-Rs.9/- Per Share
2010-06-08Bonus 1: 20.6667
2010-05-03Agm/Div-Rs.10/- Per Share
2009-10-29Int Div-Rs.8/- Per Share
2009-05-12Agm/Dividend - 160%
2008-05-13Agm/Dividend - 160%
2007-05-09Agm/Dividend-80%
2006-05-12Agm/Dividend-40%
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Rallis India Ltd?

Rallis India Ltd (RALLIS) has a market capitalisation of Rs 3,882 Cr. at the 2026-10-01 close.

What is the P/E ratio of Rallis India Ltd?

Rallis India Ltd trades at a P/E of 17.0 on trailing twelve-month profit, at the 2026-10-01 close.

What were Rallis India Ltd's latest quarterly results?

In the Jun 2026 quarter, Rallis India Ltd sales was Rs 1,022 Cr (+6.8% vs Jun 2025) and net profit was Rs 125 Cr.

What is the 52-week high and low of Rallis India Ltd?

The 52-week high is Rs 315.00 and the 52-week low is Rs 196.76.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03