NSE: RALLIS | BSE: 500355

Mid-range Performer

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332.55 -2.45 (-0.73%)

69.67% Gain from 52W Low

247.3K NSE+BSE Volume

NSE 12 Sep, 2025 3:31 PM (IST)

6,467.1

Market Cap

Below industry Median

1.0

Beta 1Year

Average volatility

Rallis India Ltd. share price target and research reports

Name: Latest research reports of Rallis India Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Rallis India Ltd.
Rating: 5
Author: ICICI Securities Limited

Latest analyst research reports with target prices and PDF download for RALLIS, BSE:500355 Rallis India Ltd.

Rallis India Ltd.

02 Jan 2017

332.55

-0.73%

Rallis India

Buy: Rallis India Ltd.

Recommendation

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research The stock price of Rallis has witnessed a decent correction following muted market sentiments post the demonetisation move in the recent past. We believe this correction offers a good buying opportunity in Rallis for the long term investment horizon. Hence, we upgrade the stock from HOLD to BUY. This is despite the general perception of adverse hit on farm income due to demonetisation and, consequent, muted demand for agri inputs. We would like to highlight that a majority of agri inputs...

Rallis India Ltd. is trading below its 30 day SMA of 363.6

Rallis India Ltd.

03 Nov 2016

332.55

-0.73%

Rallis India Ltd

Neutral: Rallis India Ltd.

Angel Broking

For 2QFY2017, Rallis India (Rallis) reported a yoy growth of 20.8% in sales to Rs540cr (vs. Rs447cr in 2QFY2016). On the operating front, the gross margin came in at 38.9% (vs. 52.4% in 2QFY2016), which along with sales growth aided the OPM to come in at 17.7% (V/s 19.2% in 2QFY2016). Aided by sales growth, a good operating performance an..

Rallis India Ltd. is trading above its 200 day SMA of 289.8

Rallis India Ltd.

25 Oct 2016

332.55

-0.73%

Rallis India (2QFY17): Traction across segments. Maintain BUY

Buy: Rallis India Ltd.

Target

HDFC Securities

Rallis India reported strong 2QFY17 results led by normal monsoon/higher sowing in India and pickup in Brazilian market. Revenues grew by 22% YoY to Rs 5.5bn. EBITDA margin declined a bit to 19.0% (-63bps) owing to losses in seeds business. EBITDA was Rs 1.0bn ( 18%) and APAT was Rs 667mn ( 28%).

Rallis India Ltd. has gained 53.57% in the last 6 Months

Rallis India Ltd.

25 Oct 2016

332.55

-0.73%

Rallis India

Hold: Rallis India Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Rallis India reported a healthy Q2FY17 performance. The standalone business (agro-chemical) in a seasonally important quarter witnessed robust growth of 17.8% YoY. Standalone sales were at | 495 crore The subsidiary business (Metahelix), on the other hand, witnessed...

Rallis India Ltd. is trading above its 200 day SMA of 289.8

Rallis India Ltd.

26 Jul 2016

332.55

-0.73%

Rallis India (1QFY17): Good monsoon = High growth. Maintain BUY

Buy: Rallis India Ltd.

HDFC Securities

Rallis India’s 1QFY17 revenues grew 7% YoY to Rs 4.7bn led by the seeds segment. Pesticides sales were flat owing to delayed rains and lower sowing in 1Q. EBITDA margin grew to 16.1% (+248bps) led by lower other expenses. Subsequently, EBITDA was Rs 752mn (+27%) and APAT was Rs 553mn (+56%). RPAT was Rs 1.7bn including sale of land worth Rs 1.6bn.Things seem to be falling in place in FY17 — a normal monsoon, improvement in agri-commodity prices, and strengthening of LatAm currencies. Additionally, Rallis has specific triggers such as (1) Launches of new products, (2) Custom synthesis (CSM) revenues likely to begin, and (3) Growth in the seeds business. The stock has rallied ~14% in the past three months, but there is still some steam left. Rallis is a direct beneficiary of the Indian agriculture growth story. Lower penetration of agrochemicals and its cost advantage underpin its long-term growth. A strong brand, complete portfolio, extensive distribution network and a strong balance sheet will help it gain market share. HDFC Securities Maintain BUY with a TP of Rs 250/sh (20x FY18E EPS).

Trendlyne has 16 reports on RALLIS updated in the last year from 6 brokers with an average target of Rs 220. Brokers have a rating for RALLIS with 1 downgrade,1 price downgrade,3 price upgrades in past 6 months and 2 downgrades,6 price downgrades in past 1 Year.

Rallis India Ltd. has gained 53.57% in the last 6 Months

Rallis India Ltd.

26 Jul 2016

332.55

-0.73%

Rallis India

Buy: Rallis India Ltd.

Target

ICICI Securities Limited

Rallis India reported muted Q1FY17 numbers largely reflecting incorporation of new accounting methodology (IND AS) and proceeds from land sale. The agrochemical segment reported sales growth of 2% YoY while seed business reported growth of 16% YoY • In Q1FY17, total consolidated revenues came in at | 450.0 crore, up 7.6% YoY on revised Q1FY16 numbers (IND AS). Standalone revenues were at | 255 crore, up 1.4% YoY. Revenues of subsidiaries, including Metahelix, were at | 190 crore, up 16.0% YoY • Consolidated EBITDA in Q1FY17 was at | 75.1 crore (EBITDA margins at 16.7%). Consolidated PAT in Q1FY17 was at | 174.2 crore, supported by proceeds from land sale amounting to | 158 crore. Normalised PAT for the quarter was at | 57 crore. ICICI Securities Limited value Rallis at | 240 i.e. 22x P/E (1.0x PEG) on FY18E EPS of | 10.9 and assign a BUY recommendation to the stock. Rallis is a portfolio stock with >20% return ratios in the past, controlled working capital cycle (<60 days) and un-levered balance sheet (debt: equity<0.1).

Trendlyne has 16 reports on RALLIS updated in the last year from 6 brokers with an average target of Rs 220. Brokers have a rating for RALLIS 1 downgrade,1 price downgrade,3 price upgrades in past 6 months and 2 downgrades,6 price downgrades in past 1 Year.

Rallis India Ltd. is trading below its 30 day SMA of 363.6

Rallis India Ltd.

02 Jun 2016

332.55

-0.73%

Rallis Q4FY16 Result Review

Accumulate: Rallis India Ltd.

Recommendation Target

BOB Capital Markets Ltd.

Well performance in bloomy situation; Maintain ADD Rallis India Ltd (Rallis) reported 4QFY16 result with a 8%/ 12% growth in consolidated revenue at Rs 3.9bn due higher offtake in exports orders,...

Rallis India Ltd. is trading above its 200 day SMA of 289.8

Rallis India Ltd.

29 Apr 2016

332.55

-0.73%

Rallis India Ltd

Neutral: Rallis India Ltd.

Angel Broking

For 4QFY2016, Rallis India (Rallis) posted sales of Rs342cr V/s Rs315cr in 4QFY2015, a growth of 8.6% yoy. The same was driven by higher offtake in export orders which have been getting differed since the past two quarters due to a challenging environment faced by global companies. Domestic growth continued to remain muted during the quar..

Rallis India Ltd. is trading below its 30 day SMA of 363.6

Is Rallis India Ltd. worth buying?

264 Votes:

Buy 75.38%

Sell 14.39%

Hold 10.23%