BASF India posts 21% drop in quarterly profit on weak demand

BASF India

14/11/2025 09:13

Nov 14 (Reuters) - Chemicals maker BASF India BASF.NS reported a 21% drop in its second-quarter profit on Friday, as above-average monsoon rainfall dampened demand for agrochemical products.

The Indian arm of Germany's BASF BASFn.DE said its profit fell to 1.01 billion rupees ($11.5 million) in the September quarter from 1.28 billion rupees a year earlier. Overall sales declined 8% to 38.68 billion rupees.

For further highlights, click here.

KEY CONTEXT

India received above-normal showers in the quarter ended September 30, slowing agrochemical demand.

However, demand for fertilisers remained steady, driven by healthy Kharif sowing.

Global fertiliser prices have risen sharply on the back of a sudden surge in India's imports of urea and P&K fertilisers.

   PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth (%)
Profit growth (%)
Mean rating*
# of analysts
Stock to price target**
Div yield (%)
BASF India
BASF.NS
23.25
14.79
9.85
35.76
HOLD
1
0.83
0.44
Coromandel International
CORF.NS
24.59
16.22
13.23
29.31
BUY
10
0.85
0.54
Deepak Fertilisers and Petrochemicals Corp
DPFE.NS
14.49
8.40
NULL
23.90
BUY
1
0.83
0.70
SRF
SRFL.NS
37.96
21.62
13.17
34.81
HOLD
25
0.93
0.26

* Mean of analysts' ratings standardised to a scale of "Strong Buy", "Buy", "Hold", "Sell", and "Strong Sell"

** Ratio of the stock's last close to analysts' mean price target; a ratio above 1 means the stock is trading above the PT

JUNE-SEPTEMBER STOCK PERFORMANCE

-- All data from LSEG

-- $1 = 87.8950 rupees

BASF Q2 stock performance https://tmsnrt.rs/43tAr0S

 (Reporting by Yagnoseni Das in Bengaluru; Editing by Sumana Nandy and Subhranshu Sahu)

 ((Yagnoseni.Das@thomsonreuters.com;))