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5003

Rallis IndiaBSE:500355 Stock Report

Market Cap

₹53.8b

7D

-12.3%

1Y

4.8%

Updated

22 Oct, 2021

Data

Company Financials +
500355 fundamental analysis
Snowflake Score
Valuation0/6
Future Growth1/6
Past Performance0/6
Financial Health6/6
Dividends5/6

500355 Overview

Rallis India Limited manufactures and markets agriculture inputs primarily in India.

Rallis India Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Rallis India
Historical stock prices
Current Share Price₹275.75
52 Week High₹232.40
52 Week Low₹362.00
Beta0.58
1 Month Change-5.06%
3 Month Change-13.53%
1 Year Change4.83%
3 Year Change64.19%
5 Year Change25.17%
Change since IPO12,846.14%

Recent News & Updates

Shareholder Returns

500355IN ChemicalsIN Market
7D-12.3%-7.2%-2.4%
1Y4.8%67.0%62.6%

Return vs Industry: 500355 underperformed the Indian Chemicals industry which returned 67% over the past year.

Return vs Market: 500355 underperformed the Indian Market which returned 62.6% over the past year.

Price Volatility

Is 500355's price volatile compared to industry and market?
500355 volatility
500355 Beta0.58
Industry Beta0.65
Market Beta1

Stable Share Price: 500355 is less volatile than 75% of Indian stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: 500355's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19481,700Sanjiv Lalhttps://www.rallis.co.in

Rallis India Limited manufactures and markets agriculture inputs primarily in India. The company offers crop protection products, including insecticides, fungicides, and herbicides; seed treatment chemicals; soil conditioners; and seeds, such as hybrid rice, maize, pearl millet, sunflower, vegetable, cotton, paddy, mustard, wheat, etc. It also provides household products, such as Termex, an insecticide for termite control; Sentry, a synthetic pyrethroid insecticide; and Hippo, a household insecticide for control of houseflies and cockroaches. In addition, the company offers contract manufacturing services for crop protection chemicals, specialty chemicals, polymers, and intermediates; plant growth nutrients; and agri services, such as GeoGreen, MOPU, Samrudha Krishi, Jetone knapsack sprayer, Macauto battery sprayer, Vannjet hi-tech sprayer, and system of rice intensification to the farming community.

Rallis India Fundamentals Summary

How do Rallis India's earnings and revenue compare to its market cap?
500355 fundamental statistics
Market Cap₹53.80b
Earnings (TTM)₹1.93b
Revenue (TTM)₹25.10b

27.8x

P/E Ratio

2.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
500355 income statement (TTM)
Revenue₹25.10b
Cost of Revenue₹15.64b
Gross Profit₹9.46b
Expenses₹7.54b
Earnings₹1.93b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)9.90
Gross Margin37.69%
Net Profit Margin7.67%
Debt/Equity Ratio3.6%

How did 500355 perform over the long term?

See historical performance and comparison

Dividends

1.1%

Current Dividend Yield

30%

Payout Ratio

Valuation

Is Rallis India undervalued compared to its fair value and its price relative to the market?

27.85x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 500355 (₹275.75) is trading above our estimate of fair value (₹244.19)

Significantly Below Fair Value: 500355 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 500355 is poor value based on its PE Ratio (27.8x) compared to the Indian Chemicals industry average (19.2x).

PE vs Market: 500355 is poor value based on its PE Ratio (27.8x) compared to the Indian market (21.4x).


Price to Earnings Growth Ratio

PEG Ratio: 500355 is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: 500355 is overvalued based on its PB Ratio (3.2x) compared to the IN Chemicals industry average (2.3x).


Future Growth

How is Rallis India forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

17.8%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: 500355's forecast earnings growth (17.8% per year) is above the savings rate (6.7%).

Earnings vs Market: 500355's earnings (17.8% per year) are forecast to grow slower than the Indian market (19.1% per year).

High Growth Earnings: 500355's earnings are forecast to grow, but not significantly.

Revenue vs Market: 500355's revenue (10.8% per year) is forecast to grow slower than the Indian market (12.8% per year).

High Growth Revenue: 500355's revenue (10.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: 500355's Return on Equity is forecast to be low in 3 years time (14.6%).


Past Performance

How has Rallis India performed over the past 5 years?

-3.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 500355 has a high level of non-cash earnings.

Growing Profit Margin: 500355's current net profit margins (7.7%) are lower than last year (9.4%).


Past Earnings Growth Analysis

Earnings Trend: 500355's earnings have declined by 3.9% per year over the past 5 years.

Accelerating Growth: 500355's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 500355 had negative earnings growth (-9.8%) over the past year, making it difficult to compare to the Chemicals industry average (44.3%).


Return on Equity

High ROE: 500355's Return on Equity (11.5%) is considered low.


Financial Health

How is Rallis India's financial position?


Financial Position Analysis

Short Term Liabilities: 500355's short term assets (₹18.4B) exceed its short term liabilities (₹10.8B).

Long Term Liabilities: 500355's short term assets (₹18.4B) exceed its long term liabilities (₹968.0M).


Debt to Equity History and Analysis

Debt Level: 500355's debt to equity ratio (3.6%) is considered satisfactory.

Reducing Debt: 500355's debt to equity ratio has reduced from 5.5% to 3.6% over the past 5 years.

Debt Coverage: 500355's debt is well covered by operating cash flow (70.7%).

Interest Coverage: 500355 earns more interest than it pays, so coverage of interest payments is not a concern.


Balance Sheet


Dividend

What is Rallis India current dividend yield, its reliability and sustainability?

1.09%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 500355's dividend (1.09%) is higher than the bottom 25% of dividend payers in the Indian market (0.34%).

High Dividend: 500355's dividend (1.09%) is low compared to the top 25% of dividend payers in the Indian market (1.38%).


Stability and Growth of Payments

Stable Dividend: 500355's dividends per share have been stable in the past 10 years.

Growing Dividend: 500355's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (30.3%), 500355's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: 500355's dividends in 3 years are forecast to be well covered by earnings (25.3% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.5yrs

Average management tenure


CEO

Sanjiv Lal (60 yo)

2.5yrs

Tenure

₹33,932,436

Compensation

Mr. Sanjiv Lal has been the Managing Director, Chief Executive Officer and Director of Rallis India Limited since April 1, 2019. He served as Chief Operating Officer of India Chemicals Operations at Tata C...


CEO Compensation Analysis

Compensation vs Market: Sanjiv's total compensation ($USD453.37K) is about average for companies of similar size in the Indian market ($USD388.94K).

Compensation vs Earnings: Sanjiv's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: 500355's management team is considered experienced (2.5 years average tenure).


Board Members

Experienced Board: 500355's board of directors are considered experienced (5.5 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rallis India Limited's employee growth, exchange listings and data sources


Key Information

  • Name: Rallis India Limited
  • Ticker: 500355
  • Exchange: BSE
  • Founded: 1948
  • Industry: Fertilizers and Agricultural Chemicals
  • Sector: Materials
  • Market Cap: ₹53.800b
  • Shares outstanding: 194.47m
  • Website: https://www.rallis.co.in

Number of Employees


Location

  • Rallis India Limited
  • Lodha Excelus
  • 23rd Floor
  • Mumbai
  • Maharashtra
  • 400037
  • India

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/10/22 15:32
End of Day Share Price2021/10/22 00:00
Earnings2021/09/30
Annual Earnings2021/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.