• Q1 financial performance: Rallis achieved a record first-quarter EBITDA margin of 18.1%, driven by volume and price growth in the domestic crop protection and seed businesses as well as higher export margins.
• Seed portfolio shift: Cotton business is expected to remain flat due to farmer shifts to crops like rice and pulses and the spread of unapproved herbicide-tolerant seeds, shifting company focus toward rice, maize, and millet.
• Pricing and inflation: Facing crude-linked cost escalation across solvents and petroleum inputs, Rallis has implemented low-to-mid single-digit price increases while prioritizing volume movement and inventory management.
• Export business strategy: CSM volumes are recovering through renewed contracts and price adjustments, with the company deploying local teams overseas and planning four new product launches over the next two to three years.
• Long-term guidance: Management reaffirmed its five-year target to double revenue and expand margins by 500 basis points from an average of 10% to 15%, having achieved 12.8% in the previous year.