NACL Industries Limited, formerly known as Nagarjuna Agrichem Limited, stands as a prominent agrochemical company in India. Established in November 1986, the company's primary focus is on providing comprehensive crop protection solutions. NACL Industries operates across three key business segments: domestic retail business supplying crop protection solutions to farmers, domestic institutional business supplying agrochemical products to B2B customers, and an exports business supplying technical and formulated agrochemicals to multinational companies and global distributors. The company officially changed its name from Nagarjuna Agrichem Limited to NACL Industries Limited on September 4, 2017. Headquartered in Hyderabad, India, NACL Industries Limited is a subsidiary of KLR Products Limited. It has solidified its position in the Indian agrochemical sector through a diverse range of products and a robust market presence.
NACL Industries Ltd is actively engaged in the manufacturing and marketing of a wide array of crop protection products. The company's product portfolio encompasses all types of Pesticides, Insecticides, Acaricides, Herbicides, Fungicides, and other plant growth chemicals. They offer a comprehensive selection of technical products, including notable chemicals such as myclobutanil, propiconazole, profenofos, tricyclazole, pretilachlors, thiamethoxam, lambda cyhalothrin, bifenthrin, azoxystrobin, tebuconazole, thifluzamide, difenoconazole, bispyribac sodium, clodinafop propargyl, metribuzin, quizalofop ethyl, haloxyfop r methyl, and glufosinate ammonium. In addition to technical products, NACL Industries also provides a variety of formulations, including insecticides, fungicides, herbicides, plant growth regulators, nematicides, and general pesticides and acaricides. Popular insecticide brands include Cairo, Cannon, Dxtar, Ennova, Fenny, Force Super, Fury, and Hurricane Plus. This extensive product range allows NACL Industries to cater to diverse agricultural needs across various crop types and farming methodologies.
A significant aspect of NACL Industries' operations involves the export of both technicals and formulations. The company also undertakes toll manufacturing for numerous multinational corporations. Its global footprint extends to over 30 nations spread across four continents, showcasing its capability to compete effectively in international markets and adhere to stringent global quality standards. Product distribution is managed through an established network of retail dealers, ensuring wide accessibility for farmers.
NACL Industries Limited operates with a well-defined corporate structure, supported by several wholly-owned subsidiaries. These include LR Research Laboratories Private Limited, Nagarjuna Agrichem (Australia) Pty Limited, NACL Spec-Chem Limited, and NACL Multi-Chem Private Limited. These subsidiaries play a crucial role in bolstering the company's operations across various geographical regions and business segments, contributing to its overall strategic objectives.
#### FY 2025 Performance
For the quarter ended March 2025, NACL Industries reported a net loss of Rs 50.00 crore, an increase from the net loss of Rs 9.01 crore reported in the corresponding quarter of the previous year (March 2024). Sales for the quarter declined significantly by 55.94% to Rs 201.43 crore, compared to Rs 457.16 crore in the quarter ended March 2024.
For the full fiscal year 2025, the company incurred a net loss of Rs 92.13 crore, widening from the net loss of Rs 58.89 crore in the previous fiscal year. Total sales for FY 2025 decreased by 30.60% to Rs 1234.52 crore, from Rs 1778.73 crore in FY 2024.
#### Q3 FY 2025 Results
In the third quarter of fiscal year 2024-2025, NACL Industries Ltd experienced a revenue decline of 26.53% compared to the same period in the previous year, totaling ₹269.59 crore. The company's net profit also saw a substantial fall of 127.86%, resulting in a net loss of ₹-36.23 crore for Q3 FY2024-2025.
#### FY 2024 Performance
During fiscal year 2024, operating income witnessed a year-on-year (YoY) decrease of 15.9%. The company's operating profit saw a sharp decline of 93.4% YoY. Consequently, operating profit margins contracted significantly, standing at 0.7% in FY24, a considerable drop from 9.0% in FY23.
- Market Capitalization: ₹5,332 crore (as of July 2025)
- Revenue: ₹201.43 Crore (as on March 2025 - Q4 FY25)
- Net Profit: ₹-50.00 Crore (as on March 2025 - Q4 FY25)
- Promoter Holding: 63.08% (as of Mar 2025)
- 52-Week High: ₹265.10
- 52-Week Low: ₹48.60
Despite the recent financial challenges, NACL Industries has demonstrated positive operational improvements. The company has successfully reduced its debtor days from 128 to 93.2 days. Furthermore, working capital requirements have been streamlined, decreasing from 115 days to 68.6 days. These advancements signal better cash flow management and enhanced operational efficiency within the company.
Shares of NACL Industries have shown a remarkable surge, climbing 57.34% over nine trading sessions from its recent closing low of Rs 99.50 on March 26, 2025. The stock has experienced an impressive 222.12% rally from its 52-week low of Rs 48.60, recorded on November 26, 2024. This substantial stock performance reflects a growing investor confidence, even amidst the company's current financial headwinds.
The Board of NACL Industries, in its meeting held on March 12, 2025, approved key management changes. G V Bhadram was appointed as Whole-Time Director, and M Pavan Kumar resigned as Managing Director and CEO. A significant development is the planned stake acquisition by Coromandel International, which intends to purchase a 53% stake for Rs 820 crore. This acquisition is anticipated to provide substantial strategic support and financial stability to NACL Industries.
NACL Industries continues to be a noteworthy player in the Indian agrochemical industry, leveraging its robust operational capabilities and extensive global reach. While the company is navigating current financial difficulties, its strategic position within the expanding agrochemical market, coupled with recent corporate developments, points towards potential for future recovery and sustained growth.
