Rallis India Limited (RALLIS) — Financial Results

Investor Takeaways

Reported Q1 FY27 profit of ₹-14.15 Cr compared to ₹39.56 Cr profit in Q3FY22 and ₹56.45 Cr in Q2FY22, indicating a significant decline in quarterly profitability.

Revenue of ₹507.54 Cr in Q1 FY27 is lower than ₹628.08 Cr in Q3FY22 and [amount not verified] in Q2FY22, reflecting a downward trend in quarterly sales.

⚠️ No specific risks identified in this filing.

Overall Tone: Cautious based on the numbers only.

Key Financial Highlights

Metric	Value	YoY Change
Revenue	₹507.54 Cr	N/A
Net Profit	₹-14.15 Cr	N/A
EBITDA	N/A	N/A
EPS	₹-0.73	N/A
OPM	-0.56%	N/A

What Changed

The filing reveals a marked deterioration in quarterly financial performance compared to the same period in the prior year and the immediately preceding quarter. In Q1 FY22, the company reported a profit of ₹82.34 Cr with revenue of ₹740.51 Cr and an OPM of 16.41%. By Q1 FY27, revenue has declined to ₹507.54 Cr, profit has turned negative at ₹-14.15 Cr, and OPM has collapsed to -0.56% from 16.41% in Q1 FY22. This represents a substantial year-on-year reduction in both top-line and bottom-line metrics, as well as a shift from profitability to loss. The trend is consistent with a broader decline observed across the last four quarters, where revenue and profit peaked in Q2FY22 ([amount not verified] revenue, ₹56.45 Cr profit) before declining in Q3FY22 and further contracting in Q1 FY27. There is no indication of recovery in the reported quarter, suggesting ongoing pressure on margins and operational performance.

Peer Comparison

Company	P/E	ROE	ROCE	Market Cap (₹ Cr)
Rallis India Limited	31.28	N/A	N/A	5,128.14
Solar Industries India Limited	132.27	N/A	N/A	1,56,674.48
Pidilite Industries Limited	75.73	N/A	N/A	1,49,378.89
SRF Limited	69.51	N/A	N/A	79,723.46

Rallis India trades at a significantly lower P/E ratio compared to its peers, indicating potentially lower market expectations for future earnings growth. However, the company is currently unprofitable on a quarterly basis, while peers are not referenced with profitability metrics in the provided data. Market capitalization is also notably lower than the larger peer companies listed.