Prabhudas Lilladher: Rallis India’s Reiterating Commitment Towards Growth
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Prabhudas Lilladher Report
In our recent interaction with management of Rallis India Ltd. they reiterated their strategy of both, capacity and portfolio expansion driven growth.
Capacity is being enhanced in both domestic (formulation) and international (multi-product plant, pendimethalin, intermediates, etc.) crop protection segment.
Similarly, portfolio is being enhanced by way of new product introduction, expanding crop portfolio, eyeing more co-marketing tie-ups, introducing new artificial intelligence, etc.
The current focus seems to be more on topline growth rather than catapulting Ebitda margins to industry average of 17-20%.
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