Reate Backward Integration In Its Manufacturing Process News Today : Breaking News, Live Updates & Top Stories | Vimarsana

New Delhi [India], April 20 (ANI/NewsVoir): Best Agrolife Ltd. (BAL) (BSE: BESTAGRO 539660), India's leading agrochemicals manufacturer, has announced its medium to long-term target to gain 15-20 per cent market share. The company is also enhancing its manufacturing capabilities through 'brown field' and 'green field' capex plans. Besides, the company is also seeking 25-30 per cent growth in revenue by increasing the share of the Formulation Business and B2C segment. This will also ensure consistency in healthy EBITDA delivery, offering a better return on equity. Additionally, the company is spreading its footholds in the overseas markets in FY 23-24 to replicate its domestic success story with selective offerings, ensuring sustainable and healthy profit margins. "Best Agro is working proactively to maintain its leadership position. The investment plans aim to build the company's manufacturing capabilities, create backward integration in its manufacturing p ....

New Delhi , Jammu And Kashmir , Uttar Pradesh , Vimal Alawadhi , Agrolife Ltd , Best Agrolife , Formulation Business , Agrolife Limited , Greater Noida , New Delhi India , Pril 20 Ani Newsvoir Best Agrolife Ltd Bal Bse Bestagro 539660 , Ndia 39s Leading Agrochemicals Manufacturer , As Announced Its Medium To Long Term Target Gain 15 20 Per Cent Market Share The Company Is Also Enhancing Manufacturing Capabilities Through 39 Brown Field And Green Capex Plans Besides , He Company Is Also Seeking 25 30 Per Cent Growth In Revenue By Increasing The Share Of Formulation Business And B2c Segment This Will Ensure Consistency Healthy Ebitda Delivery , Fferinga Better Return On Equity Additionally , He Company Is Spreading Its Footholds In The Overseas Markets Fy 23 24 To Replicate Domestic Success Story With Selective Offerings , Nsuring Sustainable And Healthy Profit Margins Quot Best Agro Is Working Proactively To Maintain Its Leadership Position The Investment Plans Aim Build Company 39s Manufacturing Capabilities , Reate Backward Integration In Its Manufacturing Process , Nd Improvise Gross Margin And Working Capital Management Along With Investments , E Believe That Schemes Such As 39 Make In India , Nd Production Linked Incentives Pli Will Boost Domestic , Eading To The Sector 39s And Company Growth We Are Also Expanding Our Footholds In Overseas Markets , Uot Says Vimal Alawadhi , Est Agrolife Ltd The Company Is Also Optimistic About Long Term Benefits Of Simplifying Export Registration Process , Educing Trade Barriers , Nd Improving Focus On Bilateral Trade Agreements To Enhance Revenue Generation Through Exports Best Agrolife Limited Is Listed Among The Top 15 Agrochemical Companies In India It Isa Research Based Company Focused Bringing World Class And Cost Effective Crop Solutions Form Of Novel Formulations Agricultural Industry Improve Productivity Currently ,