BASF India Limited has informed the Exchange regarding 'Transcript of the 81st Annual General Meeting of the Company'.
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BASF India submitted the transcript of its 81st AGM to the exchanges. At the meeting, Managing Director Alexander Gerding shared that FY24-25 revenue grew 11% to INR 15,260 crores, but profit before tax (before exceptional items) fell 19% to INR 617 crores due to higher input costs and pricing pressure. The Board recommended a 200% dividend (INR 20 per share). For Q1 FY25-26, revenue declined 2% to INR 3,875 crores and PBT dropped 34% to INR 188 crores. The Board approved the demerger of the Agricultural Solutions business into a separate listed entity, BASF Agricultural Solutions India Limited, with shareholders receiving one share for every share held. Management also highlighted new capacity additions: a Cellasto facility at Dahej (operational H2 2026), an alkaline surfactant blending plant, and a polyamide compounding capacity expansion at Panoli. A 25-year green energy PPA was signed for the Mangalore site.
Margin pressure in the chemicals segment due to Chinese overcapacity and elevated input costs remains a near-term concern for profitability. However, the demerger of the agricultural solutions business could unlock shareholder value, and ongoing capacity expansions in Dahej and Panoli position the company for longer-term growth once demand stabilizes.