India's Bayer CropScience posts higher quarterly profit on strong herbicide, corn seed demand

Bayer Cropscience

06/08/2025 10:23

Aug 6 (Reuters) - Agricultural chemicals maker Bayer CropScience BAYE.NS posted a 9.6% rise in first-quarter profit on Wednesday, backed by strong demand for its herbicide 'Roundup' and corn seeds.

The Indian unit of German drugs and pesticides maker Bayer AG BAYGn.DE posted a profit of 2.79  million rupees ($31,834.8) for the three months ended June 30, compared with 2.54 billion rupees a year earlier.

Revenue from operations grew 17.4% to 19.15 billion rupees.

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KEY CONTEXT

India’s agrochemical companies, both domestic-focused and export-oriented, are expected to report healthy volume growth on the forecast of a normal monsoon, analysts said.

The company said its growth in earnings is primarily driven by higher sales volume of corn seeds and its herbicide 'Roundup', supported by the early onset of monsoon.

PEER COMPARISON

Valuation (next 12 months)
Estimates (next 12 months)
Analysts' sentiment
RIC
PE
EV/EBITDA
Revenue growth (%)
Profit growth (%)
Mean rating*
No. of analysts
Stock to price target**
Div yield (%)
Bayer Cropscience
BAYE.NS
35.25
26.23
10.01
25.04
Hold
8
1.07
2.00
Coromandel International
CORF.NS
30.29
19.75
13.01
29.42
Buy
10
0.97
0.47
UPL
UPLL.NS
18.64
7.94
7.49
71.07
Buy
18
0.98
0.84
Rallis India
RALL.NS
32.93
17.40
13.47
47.42
Sell
13
1.32
0.66

* 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

APRIL-JUNE STOCK PERFORMANCE

     -- All data from LSEG

     -- $1 = 87.6400 rupees

Bayer CropScience JUNE-QTR https://tmsnrt.rs/3UeNlLk

 (Reporting by Yagnoseni Das in Bengaluru; Editing by Ronojoy Mazumdar and Harikrishnan Nair)

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