Rallis India Q2 FY27 Results: Revenue Flat, PAT Decreased by 17%
RESULTS
▼ Concern Flagged
MEDIUM RISK
📅 Filed on BSE: 22 Oct 2026, 07:15 PM IST · BSE ID: 1f15e6be-b5c1-4490-ad3c-91dda25fb3a3
View Original BSE Filing (PDF)
💡
In Simple Terms
Rallis India's Q2 revenue remained flat, but its quarterly profits decreased, impacted by higher costs and seed returns.
🤖 AI Summary
- Rallis India Ltd. submitted its Q2 and H1 FY27 financial results presentation.
- Q2 FY27 revenue was Rs. 858 Cr., a marginal decrease from Rs. 861 Cr. in Q2 FY26.
- EBITDA for Q2 FY27 decreased by 18% to Rs. 126 Cr. from Rs. 154 Cr. in Q2 FY26.
- PAT for Q2 FY27 decreased by 17% to Rs. 85 Cr. from Rs. 102 Cr. in Q2 FY26.
- Crop Care revenue increased by 4% YoY, while Seeds revenue decreased by 31% YoY in Q2 FY27.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Revenue Q2 FY27
Rs. 858 Cr.
-0.35%
Revenue Q2 FY26
Rs. 861 Cr.
EBITDA Q2 FY27
Rs. 126 Cr.
-18.18%
EBITDA Q2 FY26
Rs. 154 Cr.
PAT Q2 FY27
Rs. 85 Cr.
-16.67%
Crop Care Revenue Q2 FY27 YoY Growth
4%
Seeds Revenue Q2 FY27 YoY Decline
31%
B2B Exports including CSM Revenue Q2 FY27 YoY Growth
18%
🏢 How This Affects the Company
The company reported a flat topline in Q2 FY27, influenced by the weakest monsoon since 2015 and challenging market conditions. Domestic Formulation Business revenue remained flat despite challenges, with Herbicides showing growth.
EBITDA decreased by 18% to Rs. 126 Cr. and PAT decreased by 17% to Rs. 85 Cr. in Q2 FY27, primarily due to input cost pressure in Crop Care and higher sales returns in Seeds.
Rallis India launched 4 new products in Q2 FY27 (2 Fungicides, 1 Herbicide, 1 Insecticide) and several new seed products in H1 FY27, expanding its portfolio. The Soil & Plant Health business registered 22% growth.
The company highlighted drought in several parts of the country and supply squeeze on bulk chemicals as key challenges impacting demand and farmer investments. A highly competitive and volatile pricing environment was also noted.
👥 What This Means For Shareholders
✅
Action Required
No action required by shareholders based on this results presentation.
👤
Who Is Affected
Shareholders are affected by the company's financial performance, with Q2 FY27 PAT decreasing by 17% to Rs. 85 Cr. from Rs. 102 Cr. in Q2 FY26.
🔍
Management Signal
Management is signaling focus on accelerating priority brand sales, strengthening execution in key markets, and portfolio-led growth initiatives despite challenging market conditions.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Q3 FY27 financial results — assess sustained recovery in profitability.
Monsoon season impact — evaluate agricultural sector outlook and demand.
New product launch performance — track market acceptance and sales contribution.
MEDIUM RISK
Weak monsoon, input cost pressures, and declining Seeds business present notable financial risks.
💡 Investor Takeaway
Rallis India reported Q2 FY27 revenue of Rs. 858 Cr., a marginal decrease from Rs. 861 Cr. in Q2 FY26. EBITDA decreased by 18% to Rs. 126 Cr. and PAT decreased by 17% to Rs. 85 Cr. The company highlighted challenging market conditions and input cost pressures.
⚖️ Strengths & Concerns
✅ Positives
- Domestic Formulation Business delivered flat revenue despite challenges; Herbicides showed promising growth in Q2 FY27.
- B2B exports including Custom Synthesis Manufacturing (CSM) revenue increased by 18% YoY in Q2 FY27.
⚠️ Concerns
- EBITDA decreased by 18% to Rs. 126 Cr. in Q2 FY27, driven by input cost pressure and higher sales returns in Seeds.
- PAT decreased by 17% to Rs. 85 Cr. in Q2 FY27, indicating a reduction in profitability compared to the prior year.
📅 Company Track Record
In Q1 FY27, Rallis India released an analyst call audio for unaudited financial results. For FY26, the company's profit surged 47.2% to Rs. 184 Cr., and a Rs. 3 dividend was recommended. This current filing details Q2 and H1 FY27 performance.
Based on publicly available historical data. For context only.
❓ Frequently Asked Questions
What was Rallis India's revenue in Q2 FY27?
Rallis India reported a revenue of Rs. 858 Cr. in Q2 FY27, a marginal decrease from Rs. 861 Cr. in Q2 FY26.
How did Rallis India's EBITDA perform in Q2 FY27?
EBITDA for Rallis India decreased by 18% to Rs. 126 Cr. in Q2 FY27, compared to Rs. 154 Cr. in Q2 FY26.
What was Rallis India's PAT in Q2 FY27?
Rallis India's PAT decreased by 17% to Rs. 85 Cr. in Q2 FY27, down from Rs. 102 Cr. in Q2 FY26.
What was the performance of Rallis India's Crop Care and Seeds segments in Q2 FY27?
Crop Care revenue increased by 4% YoY in Q2 FY27, while Seeds revenue decreased by 31% YoY for the same period.
Questions based on this BSE filing only. For information purposes.