# Rallis India share price today (Rallis India Ltd, NSE: RALLIS) > Rallis India share price today: ₹189.98 at the NSE close on 3 November 2026, down 26.5% in a year. Rallis India (NSE: RALLIS) is worth ₹3,702 crore, trades at a P/E of 18.1 and has closed between ₹183.39 and ₹284.40 over the past 52 weeks. > Rallis India Ltd's P/E is near the low end of its own history, higher than only 2% of past readings, and its quarterly results are still getting worse. RALLIS · Pesticides/Agrochemicals · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/rallis-india-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Mixed, from the last 12 quarters - Price: ₹189.98 (−26.5% in a year) - P/E: 18.1× (lower than 98% of the last 11 years) - Revenue (Sep 2026): ₹858 Cr (−0.3% on a year ago) - Profit (Sep 2026): ₹85.0 Cr (−16.7% on a year ago) - Operating margin: 15.0% (−3.0 points on a year ago) - ROCE: 14%, FY26 - ROIC: 10.1%, against a 12.0% cost of capital: −1.9 points The main question: yearly earnings per share moved +47.1% while the share price moved −26.5%. ## What is the Rallis India share price today? Rallis India Ltd's share price was ₹189.98 at the close on 3 November 2026. It has been falling for 51 weeks. That is 17.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹183 and ₹284, and at that close it sat 7% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 31 weeks running. Over the last 11 years the share price moved +21% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 15 May 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Rallis India this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 4 quarters in a row, profit fell in the September 2026 quarter and operating margin down 3 points on a year earlier. 1. Foreign funds (FIIs) cut their stake for 4 quarters in a row From 14.2% to 6.1% of the company by the September 2026 quarter. 2. Profit fell in the September 2026 quarter Profit was ₹85 crore, -16.7% on a year earlier (₹102 crore), after 2 quarters of growth. Why: Profit fell because the seeds business swung to a loss from a profit a year earlier. Next results: check for leftover claims from delayed monsoon crops as they close. From the earnings call on 23 Oct 2026. 3. Operating margin down 3 points on a year earlier 15% in the September 2026 quarter, from 18%. Why: Margin fell because the company could not pass on higher chemical costs as demand weakened. Next results: check whether wheat herbicide price pressure lasts through the Rabi selling season. From the earnings call on 23 Oct 2026. ## What are Rallis India's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Rallis India reported revenue of ₹858 crore, down 0.3% from ₹861 crore a year earlier, and a profit of ₹85.0 crore, down 16.7% from ₹102 crore. ### Rallis India results: July to September 2026 against a year earlier | Measure | July to September 2026 | July to September 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹858 crore | ₹861 crore | −0.3% | | Profit | ₹85.0 crore | ₹102 crore | −16.7% | | Earnings per share | ₹4.37 | ₹5.25 | −16.8% | | Operating margin | 15.0% | 18.0% | −3.0 points | The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Rallis India's management discussed these results on a call held on 23 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.) ## What is the Rallis India share price history? Rallis India closed at ₹189.98 on 3 November 2026, down 26.5% from ₹258.40 a year earlier (31 October 2025) and down 29.5% over five years. Its highest weekly close since March 2016 was ₹379.45 on 14 August 2025. ### Rallis India share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹194.57 | −2.4% | | 1 month ago · 1 Oct 2026 | ₹199.69 | −4.9% | | 6 months ago · 30 Apr 2026 | ₹265.91 | −28.6% | | 1 year ago · 31 Oct 2025 | ₹258.40 | −26.5% | | 3 years ago · 3 Nov 2023 | ₹221.20 | −14.1% | | 5 years ago · 4 Nov 2021 | ₹269.50 | −29.5% | | 10 years ago · 4 Nov 2016 | ₹208.90 | −9.1% | | Earliest weekly close in our records · 11 Mar 2016 | ₹156.85 | +21.1% | | Highest weekly close since March 2016 · 14 Aug 2025 | ₹379.45 | −49.9% | | Lowest weekly close since March 2016 · 17 May 2019 | ₹142.05 | +33.7% | | 52-week high (weekly close) · 20 Feb 2026 | ₹284.40 | −33.2% | | 52-week low (weekly close) · 30 Oct 2026 | ₹183.39 | +3.6% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on Rallis India? 3 Nov 2026: Rallis India closed at ₹189.98, down 2.4% on the week and down 4.9% on the month. 23 Oct 2026: Rallis India held its results call for July to September 2026. Management guided: Navi Mumbai R&D centre likely to be commissioned by April 2027. ### Earlier - Results for July to September 2026: Revenue down 0.3% and profit down 16.7% on a year earlier. - 4 Jun 2026: ex-date for a dividend of ₹3 a share. ## What dividend does Rallis India pay? Rallis India paid ₹3 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.58% at the ₹189.98 close on 3 November 2026. The last was a dividend of ₹3 a share, ex-date 4 June 2026. ### Rallis India dividends since 1 April 2021 | Ex-date | Dividend per share | Type | | --- | --- | --- | | 4 Jun 2026 | ₹3 | Dividend | | 5 Jun 2025 | ₹2.50 | Dividend | | 3 Jun 2024 | ₹2.50 | Dividend | | 30 May 2023 | ₹2.50 | Dividend | | 6 Jun 2022 | ₹3 | Dividend | | 9 Jun 2021 | ₹3 | Dividend | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 5 of 5 Of the last 5 financial years, years with an NSE dividend record Yes. Rallis India Ltd paid out 32% of its profit as dividends in FY26, and it paid a dividend in each of its last 16 reported years. (From the NSE corporate-actions record, read 4 November 2026.) ## What did Rallis India management say on the latest results call? On the call for July to September 2026, held on 23 October 2026, Rallis India's management guided: Navi Mumbai R&D centre likely to be commissioned by April 2027. > “For me, it is not the quantum of rain; it is always the distribution and timeliness of rain that matter more than the actual quantum.” > Dr. Gyanendra Shukla, on the call for July to September 2026 ### What management guided - FY27 capital spending a little above ₹50 crore, with H2 higher than H1. - Capacity utilization to remain broadly stable, with growth from mix, efficiencies and higher-value products. - Free cash flow expected by year-end as purchases moderate and collections recover. - Next season expected to be significantly better than the one just concluded. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/262/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 23 October 2026.) ## What to watch in Rallis India's next results? When Rallis India reports October to December 2026, these are the 4 checks that show whether the story is still on course. First: Late cotton and southern rice returns - check for residual Kharif claims as delayed crops close. - What to check (from the call) - Late cotton and southern rice returns - check for residual Kharif claims as delayed crops close. - North wheat-herbicide pricing - test whether current pressure persists through Rabi liquidation. - Seed placements and production discipline - monitor carry drawdown across cotton, paddy, maize and pearl millet. - Working-capital conversion - verify moderated purchasing and collections improve cash generation. ## Which stock lists is Rallis India on? Rallis India is on 2 of our India lists: 52 week high & low and Dividend stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Dividend stocks Regular dividend yield (%): 1.62](https://www.sectoralpha.in/dividend-stocks-india) ## Is Rallis India profitable? Rallis India Ltd earned ₹85.0 Cr of net profit in the Sep 2026 quarter, −16.7% on the same quarter a year earlier. Full-year FY26 profit was ₹184 Cr. Over 10 years profit has grown 3.9% a year on average. That is 9.9% of the quarter's revenue. The same quarter a year earlier earned ₹102 Cr. 3 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹184 Cr (+47.2% on the year before). Why profit moved: revenue changed −0.3% on a year earlier and the margin moved −3.0 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed −22.3% and revenue +8.0%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Rallis India make, and is it growing? Rallis India Ltd reported ₹858 Cr of revenue in the Sep 2026 quarter, −0.3% on the same quarter a year earlier. Over 10 years it has grown 8.4% a year on average. The last full year, FY26, came in at ₹2,897 Cr. The last four reported quarters add to ₹2,959 Cr. FY26 revenue was ₹2,897 Cr, +8.8% on the year before. Recent pace: the last four quarters grew +8.0% on average, against 8.4% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +6.8%, against +3.8% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +11.9%, against +15.0% a year (rolling over). ## How much of every ₹100 of sales does Rallis India keep? Rallis India Ltd's operating margin was 15.0% in the Sep 2026 quarter, 3.0 percentage points lower than the same quarter a year ago. Across 16 years it has been between 7.0% and 18.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.2 percentage points on the year while gross margin changed −1.8 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Rallis India's profit turning into cash? Over the last 3 years, 161% of Rallis India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹172 Cr of operating cash against ₹184 Cr of profit. After ₹42.0 Cr of spending on assets, ₹130 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 161% of profit came in as cash: the cash cycle got 25 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Rallis India's cash go? Rallis India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 130 days in FY26, up from 105 days in FY21. It spent ₹237 Cr on assets over the last 3 years. Customers take 78 days to pay, and stock sits for 217 days on average. At FY26 sales of ₹2,897 Cr, each day of that cycle ties up about ₹7.9 Cr, so roughly ₹1,032 Cr is tied up in the business at any time. FY26: customers took 78 days to pay and stock sat for 217 days, about 7.1 months of sales sitting as stock, for a full cycle of 130 days, longer than FY21's 105. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 217 days. Customers pay about 78 days after that. Suppliers are paid at 164 days. Together that makes the 130-day cycle. Spending on assets: ₹237 Cr over the last 3 years, against ₹351 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹32.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Rallis India's P/E ratio, and how does it compare with its own history? Rallis India Ltd's P/E is 18.1×, about the lowest it has ever been. Its usual P/E (the middle reading) is 28.6×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹10.13. Why the multiple is where it is: over the past year earnings per share moved +47.1% while the price moved −26.5%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −6.8% a year; about +1.9% a year came from earnings growth and about −8.7 percentage points from the multiple (the market paying less); over 10 years the price moved −0.9% a year; about +3.6% a year came from earnings growth and about −4.5 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Rallis India business getting better or worse? Rallis India Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 12.6%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Rallis India earn on its capital? Rallis India Ltd earned a ROCE of 14% in FY26. That is up from a low of 8% in FY23. Its return on capital used (ROIC) is 1.9 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 6.4% net margin and 0.87× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 6.4% net margin × 0.87× asset turnover × 1.64× leverage (assets divided by equity) ≈ 9.1% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 10.1% − 12.0% = −1.9 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 10.1% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 11.7%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Rallis India have too much debt? Rallis India Ltd has total debt of ₹99.0 Cr against shareholder equity of ₹2,192 Cr as of Sep 2026, so its debt is 0.05× its equity, which is very little. Year by year, that ratio went from 0.05 in FY22 to 0.03 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Rallis India shareholding pattern? Foreign institutions cut their stake in Rallis India Ltd by 4.5 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 6.1% of the company. Domestic institutions moved −3.2 points over the same period, to 10.6%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −4.5 points over 8 quarters, to 6.1%; Domestic institutions: −3.2 points over 8 quarters, to 10.6%; Promoters: +0.0 points over 8 quarters, to 55.1%. Why the owners changed: foreign institutions drove it (−4.5 points), together with domestic institutions (−3.2 points). They reduced their stake. ## How far is Rallis India from balance-sheet trouble? For Rallis India Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Rallis India rank in its industry? 48.4 out of 100, rank 13 of 25 in Pesticides/Agrochemicals, with 85% of the evidence available. Rallis India Ltd scores 48.4 out of 100 against the 25 companies it is compared with in Pesticides/Agrochemicals, ranking 13. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 13.4 + 9.9 + 16.3 + 8.8 = 48.4. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Rallis India compared with? Rallis India ranks 13 of 25 Pesticides/Agrochemicals companies on the 4-Factor Sector Score, with 48.4 out of 100. 1. [Sharda Cropchem Ltd](https://www.sectoralpha.in/stocks/sharda-cropchem-ltd) SHARDACROP · basing · Most evidence points up · 100% evidence 71.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.5/35 · Revenue 17.3% · Profit 42.5% · Operating margin change 2 points · 100% evidence Capital efficiency 19.5/25 · ROCE 30.2% · Operating margin 16% · 100% evidence Valuation 19.2/20 · P/E 9.3× · PEG 0.3 · 100% evidence Relative strength 4.6/20 · Lead over its industry -14.3% · Lead over NIFTY 500 -22.1% · 1 year -23.1% · 100% evidence · 0 of 12 weeks ahead Exact sum: 28.5 + 19.5 + 19.2 + 4.6 = 71.8 · What this means: Earnings are strong; relative strength in its sector is -14.3% and the one-year return is -23.1%. 2. [Titan Biotech Ltd](https://www.sectoralpha.in/stocks/titan-biotech-ltd) turning · Most evidence points up · 83% evidence 70.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.1/35 · Revenue 31.8% · Profit 38.7% · Operating margin change 2 points · 83% evidence Capital efficiency 20.2/25 · ROCE 22.8% · Operating margin 21% · 95% evidence Valuation 5.4/20 · P/E 51.8× · PEG n/a · 50% evidence Relative strength 16.7/20 · Lead over its industry 38.3% · Lead over NIFTY 500 25.1% · 1 year 101.5% · 100% evidence · 4 of 12 weeks ahead Exact sum: 28.1 + 20.2 + 5.4 + 16.7 = 70.4 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 3. [Bayer CropScience Ltd](https://www.sectoralpha.in/stocks/bayer-cropscience-ltd) BAYERCROP · quiet · Evidence leans up · 81% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.3/35 · Revenue -2.8% · Profit 23.8% · Operating margin change 2 points · 88% evidence Capital efficiency 19.6/25 · ROCE 29.1% · Operating margin 20% · 100% evidence Valuation 13.4/20 · P/E 20× · PEG 1.28 · 100% evidence Relative strength 8.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -20.8% · 1 year -33.3% · 25% evidence · 0 of 12 weeks ahead Exact sum: 22.3 + 19.6 + 13.4 + 8.6 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 4. [Punjab Chemicals & Crop Protection Ltd](https://www.sectoralpha.in/stocks/punjab-chemicals-crop-protection-ltd) PUNJABCHEM · quiet · Evidence leans up · 81% evidence 63.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.3/35 · Revenue 8.2% · Profit 43.5% · Operating margin change 1 points · 88% evidence Capital efficiency 13.6/25 · ROCE 18.6% · Operating margin 12% · 100% evidence Valuation 15.9/20 · P/E 17.4× · PEG 0.33 · 100% evidence Relative strength 9.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.4% · 1 year -36.4% · 25% evidence · 6 of 12 weeks ahead Exact sum: 24.3 + 13.6 + 15.9 + 9.8 = 63.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Dharmaj Crop Guard Ltd](https://www.sectoralpha.in/stocks/dharmaj-crop-guard-ltd) DHARMAJ · losing its lead · Evidence leans up · 81% evidence 63.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.8/35 · Revenue 8.7% · Profit 13.2% · Operating margin change 1 points · 88% evidence Capital efficiency 14.7/25 · ROCE 16.8% · Operating margin 15% · 100% evidence Valuation 17.5/20 · P/E 14.3× · PEG 0.38 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 4.7% · 1 year -9.9% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.8 + 14.7 + 17.5 + 12.2 = 63.2 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 6. [India Pesticides Ltd](https://www.sectoralpha.in/stocks/india-pesticides-ltd) IPL · quiet · Evidence leans up · 81% evidence 59.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.6/35 · Revenue 17% · Profit 10.1% · Operating margin change -2 points · 88% evidence Capital efficiency 15.4/25 · ROCE 16.6% · Operating margin 14% · 100% evidence Valuation 18.2/20 · P/E 12× · PEG 0.36 · 100% evidence Relative strength 8.2/20 · Lead over its industry n/a · Lead over NIFTY 500 -23% · 1 year -40.7% · 25% evidence · 0 of 12 weeks ahead Exact sum: 17.6 + 15.4 + 18.2 + 8.2 = 59.4 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [Advance Agrolife Ltd](https://www.sectoralpha.in/stocks/advance-agrolife-ltd) ADVANCE · breaking out · Evidence leans up · 64% evidence 58.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.1/35 · Revenue 48.4% · Profit 81.5% · Operating margin change 1 points · 88% evidence Capital efficiency 14.1/25 · ROCE 19.6% · Operating margin 11% · 100% evidence Valuation 10.3/20 · P/E 16.3× · PEG n/a · 15% evidence Relative strength 12.4/20 · Lead over its industry n/a · Lead over NIFTY 500 10.6% · 1 year -8.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 22.1 + 14.1 + 10.3 + 12.4 = 58.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Dhanuka Agritech Ltd](https://www.sectoralpha.in/stocks/dhanuka-agritech-ltd) DHANUKA · turning · Evidence leans up · 100% evidence 57.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.8/35 · Revenue 0% · Profit 0.7% · Operating margin change 0 points · 100% evidence Capital efficiency 19.6/25 · ROCE 25.9% · Operating margin 23% · 100% evidence Valuation 9.2/20 · P/E 14.4× · PEG 2.27 · 100% evidence Relative strength 17.4/20 · Lead over its industry 7.1% · Lead over NIFTY 500 -2.8% · 1 year -28.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.8 + 19.6 + 9.2 + 17.4 = 57 · What this means: Relative strength against the index is -2.8%, and revenue and profit growth are weak. 9. [Jubilant Ingrevia Ltd](https://www.sectoralpha.in/stocks/jubilant-ingrevia-ltd) JUBLINGREA · quiet · Evidence leans up · 93% evidence 54.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.0/35 · Revenue 15.4% · Profit 21.9% · Operating margin change 3 points · 100% evidence Capital efficiency 13.6/25 · ROCE 11.4% · Operating margin 15% · 100% evidence Valuation 6.7/20 · P/E 24.7× · PEG 2.26 · 65% evidence Relative strength 8.4/20 · Lead over its industry -2.6% · Lead over NIFTY 500 -11.7% · 1 year -19.1% · 100% evidence · 3 of 12 weeks ahead Exact sum: 26 + 13.6 + 6.7 + 8.4 = 54.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Meghmani Organics Ltd](https://www.sectoralpha.in/stocks/meghmani-organics-ltd) MOL · breaking out · Evidence leans up · 64% evidence 52.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.0/35 · Revenue -7.8% · Profit 100% · Operating margin change 7 points · 88% evidence Capital efficiency 9.5/25 · ROCE 6.7% · Operating margin 18% · 100% evidence Valuation 9.6/20 · P/E 20.8× · PEG n/a · 15% evidence Relative strength 11.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -0.5% · 1 year -35% · 25% evidence · 11 of 12 weeks ahead Exact sum: 22 + 9.5 + 9.6 + 11 = 52.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [GSP Crop Science Ltd](https://www.sectoralpha.in/stocks/gsp-crop-science-ltd) GSPCROP · quiet · Too little evidence to rank firmly · 59% evidence 51.0 out of 100 Growth Capital Valuation Relative 12. [Epigral Ltd](https://www.sectoralpha.in/stocks/epigral-ltd) EPIGRAL · quiet · Evidence leans down · 81% evidence 49.6 out of 100 Growth Capital Valuation Relative 13. Rallis India Ltd this page RALLIS · quiet · Evidence leans down · 85% evidence 48.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.4/35 · Revenue 6.8% · Profit 11.9% · Operating margin change -3 points · 100% evidence Capital efficiency 9.9/25 · ROCE 14.1% · Operating margin 15% · 100% evidence Valuation 16.3/20 · P/E 17.4× · PEG 0.51 · 100% evidence Relative strength 8.8/20 · Lead over its industry n/a · Lead over NIFTY 500 -19.5% · 1 year -29% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.4 + 9.9 + 16.3 + 8.8 = 48.4 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 14. [Bharat Rasayan Ltd](https://www.sectoralpha.in/stocks/bharat-rasayan-ltd) BHARATRAS · quiet · Evidence leans down · 96% evidence 45.3 out of 100 Growth Capital Valuation Relative 15. [Bhagiradha Chemicals & Industries Ltd](https://www.sectoralpha.in/stocks/bhagiradha-chemicals-industries-ltd) BHAGCHEM · quiet · Evidence leans down · 96% evidence 44.7 out of 100 Growth Capital Valuation Relative 16. [Shivalik Rasayan Ltd](https://www.sectoralpha.in/stocks/shivalik-rasayan-ltd) SHIVALIK · Evidence leans down · 63% evidence 43.9 out of 100 Growth Capital Valuation Relative 17. [Excel Industries Ltd](https://www.sectoralpha.in/stocks/excel-industries-ltd) EXCELINDUS · quiet · Evidence leans down · 64% evidence 42.7 out of 100 Growth Capital Valuation Relative 18. [NACL Industries Ltd](https://www.sectoralpha.in/stocks/nacl-industries-ltd) NACLIND · basing · Evidence leans down · 96% evidence 42.0 out of 100 Growth Capital Valuation Relative 19. [Best Agrolife Ltd](https://www.sectoralpha.in/stocks/best-agrolife-ltd) BESTAGRO · quiet · Evidence leans down · 90% evidence 42.0 out of 100 Growth Capital Valuation Relative 20. [Sumitomo Chemical India Ltd](https://www.sectoralpha.in/stocks/sumitomo-chemical-india-ltd) SUMICHEM · quiet · Evidence leans down · 85% evidence 41.7 out of 100 Growth Capital Valuation Relative 21. [UPL Ltd](https://www.sectoralpha.in/stocks/upl-ltd) UPL · basing · Evidence leans down · 71% evidence 41.5 out of 100 Growth Capital Valuation Relative 22. [Insecticides India Ltd](https://www.sectoralpha.in/stocks/insecticides-india-ltd) INSECTICID · quiet · Evidence leans down · 96% evidence 40.5 out of 100 Growth Capital Valuation Relative 23. [P I Industries Ltd](https://www.sectoralpha.in/stocks/p-i-industries-ltd) PIIND · quiet · Evidence leans down · 81% evidence 38.3 out of 100 Growth Capital Valuation Relative 24. [Astec Lifesciences Ltd](https://www.sectoralpha.in/stocks/astec-lifesciences-ltd) ASTEC · quiet · Most evidence points down · 71% evidence 32.7 out of 100 Growth Capital Valuation Relative 25. [Heranba Industries Ltd](https://www.sectoralpha.in/stocks/heranba-industries-ltd) HERANBA · quiet · Most evidence points down · 76% evidence 29.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Pesticides/Agrochemicals](https://www.sectoralpha.in/sectors/pesticides-agrochemicals), all 25 compared on one page. ## Which companies are close to Rallis India in size? Rallis India is the 9th largest of 25 Pesticides/Agrochemicals companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Sharda Cropchem, Dhanuka Agritech and Epigral. Just below it: NACL Industries, Bhagiradha Chemicals & Industries and GSP Crop Science. ### Pesticides/Agrochemicals companies close in size 1. [Sharda Cropchem Ltd](https://www.sectoralpha.in/stocks/sharda-cropchem-ltd) ₹6,000 crore 2. [Dhanuka Agritech Ltd](https://www.sectoralpha.in/stocks/dhanuka-agritech-ltd) ₹4,369 crore 3. [Epigral Ltd](https://www.sectoralpha.in/stocks/epigral-ltd) ₹3,773 crore 4. Rallis India Ltd ₹3,566 crore 5. [NACL Industries Ltd](https://www.sectoralpha.in/stocks/nacl-industries-ltd) ₹2,589 crore 6. [Bhagiradha Chemicals & Industries Ltd](https://www.sectoralpha.in/stocks/bhagiradha-chemicals-industries-ltd) ₹2,533 crore 7. [GSP Crop Science Ltd](https://www.sectoralpha.in/stocks/gsp-crop-science-ltd) ₹2,014 crore [All 25 Pesticides/Agrochemicals companies, largest first](https://www.sectoralpha.in/sectors/pesticides-agrochemicals#all-companies) ### Companies close in size in other industries 1. [Avantel Ltd](https://www.sectoralpha.in/stocks/avantel-ltd) ₹3,583 crore · Aerospace & Defence - Equipments 2. [Jindal Worldwide Ltd](https://www.sectoralpha.in/stocks/jindal-worldwide-ltd) ₹3,567 crore · Textiles - General 3. Rallis India Ltd ₹3,566 crore 4. [V I P Industries Ltd](https://www.sectoralpha.in/stocks/v-i-p-industries-ltd) ₹3,552 crore · Travel Bags 5. [Midwest Energy Ltd](https://www.sectoralpha.in/stocks/midwest-gold-ltd) ₹3,539 crore · Mining/Minerals ## What else do people ask about Rallis India? ### What is Rallis India's share price today? Rallis India Ltd's share price is ₹189.98, −26.5% over the past year. The whole company is worth ₹3,702 Cr on the market. In the last 52 weeks it traded between ₹183 to ₹284; today it is 7% of the way up from the low, 17.9% below its 200-day average (as of 3 November 2026). ### What were Rallis India's latest quarterly results? Rallis India Ltd reported revenue of ₹858 Cr and net profit of ₹85.0 Cr for the Sep 2026 quarter. Revenue fell 0.3% and profit fell 16.7% compared with a year earlier. Earnings per share were ₹4.37. The operating margin was 15.0%, 3.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is Rallis India's market cap? Rallis India Ltd's market capitalisation is ₹3,702 Cr at a share price of ₹189.98. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Rallis India performing? Rallis India Ltd's share price has been falling for 51 weeks. In its latest quarter, revenue fell 0.3% and profit fell 16.7% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 31 weeks running (as of 3 November 2026). ### Will Rallis India's share price go up? This page does not forecast Rallis India Ltd's share price. What it shows instead: the share price is ₹189.98, and it has been falling for 51 weeks. Its P/E of 18.1× is higher than 2% of its own last 11 years (as of 3 November 2026). ### Who owns Rallis India? Promoters own 55.1% of Rallis India Ltd, foreign institutions 6.1%, domestic institutions 10.6% and the public 27.8% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 4.5 percentage points over 8 quarters (as of 3 November 2026). ### Does Rallis India have too much debt? No, Rallis India Ltd has little debt: its debt is 0.03× its equity, and its operating profit is 33 times its interest bill. FY26 borrowings were ₹61.0 Cr against equity of ₹2,043 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Rallis India in its business cycle? Rallis India Ltd's FY26 operating margin was 13.0%, against a 16-year range of 7.0% to 18.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 15.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Rallis India story? The main question: yearly earnings per share moved +47.1% while the share price moved −26.5%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Rallis India a stock worth studying right now? What the numbers show: Rallis India Ltd's P/E is near the low end of its own history, higher than only 2% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Rallis India share price forecast for 2026? What management itself guided: Navi Mumbai R&D centre likely to be commissioned by April 2027. ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Dividend stocks: https://www.sectoralpha.in/dividend-stocks-india This is research, not advice. We’re not SEBI-registered.