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Yashika Narang

@yashika_narang
16 days ago ~1750 views
π€π π«π¨πœπ‘πžπ¦π’πœπšπ₯ 𝐬𝐞𝐜𝐭𝐨𝐫 𝐒𝐬 𝐒𝐧 𝐚 𝐬𝐰𝐞𝐞𝐭 𝐬𝐩𝐨𝐭
Companies suffered a lot in H1FY22 because of erratic rainfall, an increase in pesticide costs, tightened supply & dependence on China for intermediaries.

So, to sustain the crop realizations, in both domestic and international markets, companies had to increase prices across categories, to pass on the higher input costs to the farmer.

Companies in this sector are benefitting from price hikes and channel filling for the upcoming Kharif season. (of course, timely liquidation of the same will have to be tracked in upcoming months)
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Yashika Narang

@yashika_narang
16 days ago ~380 views
Capex plans across the domestic agrochemical industryπŸ‘‡
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Yashika Narang

@yashika_narang
16 days ago ~400 views
Not just domestic, but global agrochem companies are also very +ve as they have guided strong topline growth for the upcoming 1-2 years (especially from the Brazilian market).

Here are the snippets of management commentaries of Bayer AG, FMC Corp, and Corteva Agriscience.
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Yashika Narang

@yashika_narang
16 days ago ~20 views
The revenue growth globally is majorly driven by Latin American region and except for BASF, margins of the majority of the global companies have expanded.
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