By BullScreen Editorial Team 
Rallis India Limited, a subsidiary of Tata Group, reported a strong financial performance in its Q4 results 2026, closing the fiscal year with its highest-ever EBITDA despite a volatile global environment. The company’s resilient execution and operational efficiency helped offset sectoral challenges, making the update notable for investors tracking agri-input stocks.
For the full year ended March 31, 2026, revenue rose 9% year-on-year to ₹2,897 crore, compared to ₹2,663 crore in FY25. EBITDA surged 26% to a record ₹362 crore, while Profit After Tax (PAT) climbed sharply by 47% to ₹184 crore. Improved profitability metrics were reflected in Return on Capital Employed (RoCE), which increased to 12% from 10%, and Return on Equity (RoE), which rose to 11% from 9%. The company also maintained a strong balance sheet with a low debt-to-equity ratio of 0.03.
Segment-wise, the Crop Care business remained the primary growth driver. Revenue from this segment grew 8% to ₹2,416 crore, while EBITDA increased 17% to ₹292 crore. The company launched 11 new products during the year, including herbicides, fungicides, and insecticides, strengthening its innovation pipeline. Domestic formulations recorded a 5% volume growth in Q4, supported by product registrations such as Spiro, a patented herbicide for paddy.
The Seeds business delivered standout growth, with revenue rising 15% to ₹481 crore. EBITDA nearly doubled, up 87% to ₹69 crore, while PAT surged 167% to ₹33 crore. The company introduced 19 new seed products across multiple crops, indicating a strong push toward diversification.
Operationally, Rallis India expanded its reach across 80% of India’s districts through a network of over 7,200 dealers and 95,000 retailers, connecting with more than 8.5 million farmers. Its export presence spans over 30 countries, supported by 200+ product registrations.
However, the Q4 results 2026 were not without challenges. Adverse weather conditions, lower pest intensity, and global volatility including geopolitical tensions impacted demand and pricing. Margin pressure from inventory carryovers and rising competition also weighed on performance.
Overall, the Q4 results 2026 underline Rallis India’s ability to navigate industry headwinds while sustaining growth, positioning it well within the evolving agri-input sector.
| Metric | FY26 | FY25 | Growth |
|---|---|---|---|
| Revenue | ₹2,897 Cr | ₹2,663 Cr | +9% |
| EBITDA | ₹362 Cr | ₹287 Cr | +26% |
| Profit After Tax (PAT) | ₹184 Cr | ₹125 Cr | +47% |
| RoCE | 12% | 10% | +2% |
| RoE | 11% | 9% | +2% |
| Debt to Equity | 0.03 | 0.03 | Stable |
| Segment | Metric | FY26 | Growth |
|---|---|---|---|
| Crop Care | Revenue | ₹2,416 Cr | +8% |
| Crop Care | EBITDA | ₹292 Cr | +17% |
| Seeds Business | Revenue | ₹481 Cr | +15% |
| Seeds Business | EBITDA | ₹69 Cr | +87% |
| Seeds Business | PAT | ₹33 Cr | +167% |
| Category | Details |
|---|---|
| Distribution Network | 7,200+ dealers, 95,000 retailers, covering 80% of districts |
| Farmer Reach | 8.5+ million farmers |
| Export Presence | 50+ customers, 30+ countries, 200+ registrations |
| New Product Launches | 30 total (11 Crop Care + 19 Seeds) |
| Key Innovation | Spiro patented herbicide for paddy |
| Digital Initiatives | GIS-based Saksham, QR cashback programs |
| Key Challenges | Weather impact, low pest demand, global volatility, margin pressure |
Source: https://www.bseindia.com/xml-data/corpfiling/AttachLive/a2675995-ee60-4204-b64e-0faac3c533e3.pdf