Latest news with #NACLIndustries
Business Standard
08-08-2025
- Business
- Business Standard
Coromandel International acquires 53% stake in NACL Industries
Coromandel International announced the successful closure of the Share Purchase Agreement (SPA) for the acquisition of promoter shareholding in NACL Industries (NACL). With this transaction, Coromandel has formally acquired a controlling stake of 53% in NACL. The ongoing Open Offer to acquire up to 26% additional stake from public shareholders under the SEBI Takeover Regulations remains in process and shall follow the prescribed regulatory timelines. Following the 53% stake acquisition, Natarajan Srinivasan, S Sankarasubramanian and Dr. Raghuram Devarakonda have joined the Board of NACL Industries today. In addition, the Board of NACL Industries, at its meeting held today, approved the appointment of Dr. Raghuram Devarakonda as Managing Director & CEO. He previously served as Executive Director, Crop Protection, Bio Products and Retail businesses at Coromandel and brings with him extensive leadership experience and deep domain expertise across the value chain.
Business Upturn
29-07-2025
- Business
- Business Upturn
NACL Industries shares hits 5% upper circuit on strong Q1 results
By Aman Shukla Published on July 29, 2025, 09:36 IST NACL Industries shares hit the 5% upper circuit on Tuesday, July 29, 2025, following the announcement of robust Q1FY26 results. The stock surged after the company posted a strong turnaround in its earnings, lifting investor sentiment. According to the consolidated financials, NACL Industries reported a revenue of Rs 448 crore for the April–June quarter, marking a sharp 37.8% jump from Rs 325 crore in the same period last year. The company also swung to profitability, posting a net profit of Rs 13 crore, compared to a loss of Rs 20.8 crore in Q1FY25. Operating performance improved significantly as well. EBITDA for the quarter stood at Rs 38.2 crore, reversing a loss of Rs 3.5 crore in the year-ago period. EBITDA margin came in at 8.5%, indicating improved cost efficiencies and better product mix. NACL Industries opened at Rs 293.25, the same level it closed at, marking its 5% upper circuit limit for the day. The stock has seen a stellar run over the past year, with a 52-week low of Rs 49.00 and a 52-week high of Rs 331.07. Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Business Standard
28-07-2025
- Business
- Business Standard
NACL Industries reports standalone net profit of Rs 14.30 crore in the June 2025 quarter
Sales rise 31.36% to Rs 438.50 croreNet profit of NACL Industries reported to Rs 14.30 crore in the quarter ended June 2025 as against net loss of Rs 18.27 crore during the previous quarter ended June 2024. Sales rose 31.36% to Rs 438.50 crore in the quarter ended June 2025 as against Rs 333.82 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 31 OPM %7.36-2.56 -PBDT24.27-19.54 LP PBT19.34-24.28 LP NP14.30-18.27 LP Powered by Capital Market - Live News
Business Standard
28-07-2025
- Business
- Business Standard
NACL Industries reports consolidated net profit of Rs 13.04 crore in the June 2025 quarter
Sales rise 37.95% to Rs 448.36 croreNet profit of NACL Industries reported to Rs 13.04 crore in the quarter ended June 2025 as against net loss of Rs 20.80 crore during the previous quarter ended June 2024. Sales rose 37.95% to Rs 448.36 crore in the quarter ended June 2025 as against Rs 325.01 crore during the previous quarter ended June EndedJun. 2025Jun. 2024% 38 OPM %8.47-1.33 -PBDT25.37-20.05 LP PBT17.92-27.12 LP NP13.04-20.80 LP Powered by Capital Market - Live News
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Business Standard
03-07-2025
- Business
- Business Standard
This smallcap agri-related stock zooms 353% in 4 months. Do you own?
Shares of NACL Industries hit a new high of ₹252.20 in Thursday's intra-day trade, and were locked at the upper circuit for the seventh straight trading day - rallying 40% during this period. Deepak Korgaonkar Mumbai NACL Industries share price Shares of NACL Industries (NACL) hit a new high of ₹252.20, and were locked at the 5 per cent upper circuit on the BSE in Thursday's intra-day trade. The stock price of the pesticides & agrochemicals company was locked in the upper circuit for the seventh straight trading day, having rallied 40 per cent during this period. In the past five months, it has skyrocketed by 353 per cent from a level of ₹55.72 on the BSE. Currently, NACL trades under 'T' or Trade-for-Trade (T) group. The T group is a surveillance measure that requires securities to be settled on a trade-to-trade basis. What's driving NACL's stock price? The Competition Commission of India (CCI) approved Coromandel International's proposal to acquire a majority stake in NACL Industries. On March 12, 2025, Coromandel International, the Murugappa group, announced the acquisition of 53 per cent stake worth ~₹820 crore in NACL. This transaction should be completed by the first half of fiscal 2026, subject to regulatory approvals, the company had said. Coromandel said the acquisition would establish it as a leading player in India's crop protection industry, expanding its technical portfolio and strengthening its domestic formulation business. This will help in expanding Coromandel's scale in domestic B2C, provide access to complementary product portfolio, fast-track new product commercialization, besides giving access to R&D, manufacturing infrastructure and customer relationships. The deal will also help Coromandel scale up, enter the contract manufacturing business, fast-track new product commercialisation, and expand its product lineup. The management added that the acquisition would bolster Coromandel's presence in both domestic and export markets. It plans to leverage its management expertise, credit access, sourcing capabilities, and international reach to enhance NACL's operations and create value for shareholders. Crop Protection – Business Scenario Looking ahead, the recent tariff-related embargo poses a potential downside risk, as it could drive up input costs and dampen consumption - particularly in the United States, the second largest agrochemical consumer after Brazil. The agrochemical market in 2025 is expected to remain neutral with improving channel inventory and expected favorable weather conditions; however, uncertainties relating to price pressure and trade policies persist, Coromandel said in its FY25 annual report. Indian Agriculture experienced a good season with above normal rains and healthy reservoir levels. The season for agri inputs started on a positive note but continuous rains during peak consumption period & lower acreages of key agchem consuming crops like cotton and chilli led to lower applications. Overall, the industry is estimated to register a marginal growth owing to relatively low pest pressure across crops, the company said. About NACL Industries NACL, established as an agrochemical player in 1993, began its journey as an active ingredient manufacturer. Over the years, the company has built a substantial presence in domestic retail, B2B, and exports, forming solid and long-standing relationships with many large multinational customers. The company has also positioned itself as a reliable player in the formulations business, offering over 66 products for all major crops. Its product portfolio spans all key categories, including insecticides, herbicides, fungicides, and plant growth regulators.
