BASF India Limited has recommended a dividend of ₹20 per equity share (200%) for the financial year ended March 31, 2025, compared to ₹15 per equity share in the previous year. The dividend is subject to the approval of the members at the Annual General Meeting to be held on August 12, 2025.
| Particulars | Details |
|---|---|
| Dividend per share | ₹20.00 |
| Previous Year Dividend per share | ₹15.00 |
| AGM Date | August 12, 2025 |
Financial Performance
BASF India achieved a topline growth of 11% on a consolidated basis, with sales rising to ₹152,600 million. However, profit before tax (before exceptional items) declined to ₹6,167.7 million from ₹7,588.7 million in the previous year, primarily due to higher input costs and pricing pressure. The company's revenue from operations stood at ₹1,51,623.5 million for the financial year ended March 31, 2025, compared to ₹1,37,674.8 million in the previous year. The company reported a Profit Before Tax of ₹6,699.2 million for the financial year ended March 31, 2025, compared to ₹7,589.5 million in the previous year.
Business Segment Performance
The Agricultural Solutions business registered good revenue growth, supported by new product launches like Efficon®, Imunit®, and Pirate®. However, profitability was impacted by higher input costs and changes in product mix. The Industrial Solutions segment saw improved revenue in the Dispersions business due to higher demand and better price realization, but profitability was affected by higher input costs. The Performance Chemicals business experienced revenue growth due to increased demand in Automotive fluids, Lubricant, and Fuel additives, but margins were impacted by lower price realization. The Materials segment, including Performance Materials & Monomers businesses, registered good revenue growth. Performance Materials benefited from strong demand in Appliances, Footwear, and Transport industries, while Monomers saw volume growth in MDI and Aniline bulk, though margins were impacted by higher input costs. The Surface Technologies segment's Coatings business improved revenues due to higher volumes and price realization, mainly from OEMs, but profitability was impacted by one-time ERP implementation and business transfer costs. The Nutrition & Care segment's Care Chemicals business improved revenues and margins due to overall good demand, while the Nutrition & Health business saw lower volumes but improved profitability due to lower input costs and product mix. The Chemicals segment's Intermediates business improved revenues due to higher demand, but profitability was marginally impacted by lower price realization. The Petrochemicals business registered higher volumes due to strong demand, but margins were impacted by an unfavourable product mix.
Strategic Initiatives
The Board of Directors approved the demerger of the Company's Agricultural Solutions business into a separate listed legal entity to enable business & operational flexibility and leverage differentiated steering. The Company acquired 7 fully paid equity shares of BASF Agricultural Solutions India Ltd, making it a wholly-owned subsidiary. The Board also approved a Scheme of Arrangement for the demerger, subject to regulatory approvals. The equity shares of the Resulting Company will subsequently be listed on BSE Limited and the National Stock Exchange of India Limited, subject to receipt of requisite approvals from statutory and regulatory authorities. The Company transferred its Coatings business to BASF India Coatings Private Limited, its wholly-owned subsidiary, effective January 1, 2025, for a consideration of ₹2,119 million. The Company closed the Turbo Tube Dryer (TTD) Unit at its Dahej manufacturing site due to its technology not reflective of current Indian market standards.
Other Key Highlights
The company maintained a strong safety record with no high-severity incidents or lost time injuries across all sites. The Mangalore site is transitioning to green energy, sourcing nearly 90% of its electricity from renewable sources. CSR initiatives focused on quality education and clean water access, including the We-Chemie program and installation of a Water ATM. The company shifted its registered office to a new location in Vikhroli (East), Mumbai, effective November 15, 2024.
Credit Rating and Finance
CRISIL Ltd re-affirmed the credit rating of 'CRISIL AAA/ Stable' for the long-term debt programme. The ratings on Fixed Deposits and Commercial Paper have been re-affirmed at 'FAAA / Stable' and 'CRISIL A1+', respectively. The company had Nil borrowings as at the end of financial year 2024-2025 and a debt-equity ratio of Nil as at March 31, 2025.
