Rallis India Ltd (RALLIS)

Rallis India Misses Analyst Forecasts - 26 Apr, 2024

Rallis India's Q4 2024 revenues of ₹27b and EPS of ₹7.61 missed analyst forecasts by 2.2% and 6.5%, respectively. The consensus price target held steady at ₹242, with analysts downgrading their earnings per share estimates but still expecting revenue growth of roughly 12%. Sentiment has declined following the results.

Rallis India Reports Q4 Results; Appeals Against Demand Order - 25 Apr, 2024

Rallis India's Q4 revenue decreased by 16.57% YoY, while the loss decreased by 69.62%. The company filed an appeal against the demand order of Rs 408.50 crore from the Income Tax Department.

Rallis India Misses Expectations with Weak Q4 Results - 24 Apr, 2024

Rallis India's FY24 earnings missed expectations with revenue down 10% YoY and EPS missing estimates by 6.5%. Despite optimistic outlook for the upcoming kharif season, shares fell due to poor margins and export business pressure.

Rallis India Posts Net Loss in Q4 FY24 - 23 Apr, 2024

Rallis India reported a net loss of Rs 21 crore in Q4 FY24, with revenue from operations declining by 16.6% YoY to Rs 436 crore. However, the company's gross margin grew and profitability improved through pricing and cost management. The board recommended a dividend of Rs 2.5 per share for FY24.

Rallis India Reports Net Loss in Q4 FY24 - 22 Apr, 2024

Tata Group's Rallis India reported a net loss of Rs 21 crore for Q4 FY24 due to weak demand and lower exports. The company's revenue from operations fell 16.6% to Rs 436 crore. However, the board has recommended a dividend of Rs 2.50 per share for FY24.

Rallis India's High P/E Ratio Driven by Strong Earnings Outlook - 04 Apr, 2024

Rallis India's high P/E ratio of 53.3x may seem concerning, but it is driven by a strong earnings outlook with estimates suggesting an 89% growth over the next year. This contributes to its share price being well-supported and investors feeling confident in the company's future prospects.