Business Standard

Cost inflation, pricing action key for agri input major Rallis India

The company posted losses at the operating level in Q4FY22

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At the current price, the stock is trading at 21.6 times its FY23 earnings estimate

Ram Prasad Sahu
The stock of agri input major Rallis India was down 9.7 per cent in trade on Friday, after the company reported weak March quarter (Q4FY22) results. It has fallen another 4 per cent since then. A sluggish performance in the international segment and margin pressure led to the underwhelming results.

The company’s 7.7 per cent growth in consolidated revenues was a function of domestic growth. Sales in India was up 25 per cent YoY to Rs 294 crore; this geography accounted for 58 per cent of sales. Robust sales were led by 13 per cent growth in realisations and a 12

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