About BASF India Limited

BASF India Limited is the Indian subsidiary of BASF SE, with BASF Societas Europaea (BASF SE) identified as the ultimate holding company in the Annual Report. The company operates from its registered office in Mumbai and runs manufacturing sites in Navi Mumbai (Maharashtra), Mangalore (Karnataka), Dahej (Gujarat) and Panoli (Gujarat), supported by offices across Ahmedabad, Bangalore, Chandigarh, Delhi, Hyderabad, Indore, Lucknow, Mumbai, Nagpur, Navi Mumbai, Pune and Chennai. 

Its portfolio spans chemicals and materials that are inputs or solutions for a wide spectrum of industries, with products used in agriculture, automotive, pharmaceuticals, construction, consumer durables, consumer care, paints and more. BASF India serves more than 5,000 customers, from global enterprises and small and mid-sized companies to end‑consumers such as farmers.

The company’s core business is organized into six operating segments: Agricultural Solutions; Materials; Industrial Solutions; Surface Technologies; Nutrition & Care; and Chemicals. Segment scopes include Crop Protection (Agricultural Solutions); Performance Materials, Monomers and Polyamides (Materials); Dispersions & Pigments and Performance Chemicals (Industrial Solutions); Coatings (Surface Technologies); Care Chemicals and Nutrition & Health (Nutrition & Care); and Petrochemicals and Intermediates (Chemicals) . Key brands and products highlighted during the year include agricultural launches Efficon, Imunit and Pirate, alongside portfolio mainstays Priaxor, Merivon, Systiva and Cabriotop. Other featured technologies include Ultrason, Basotect and ecovio in specialty plastics and foams, and Cellasto in suspension components.

BASF India Limited’s Business Segments

BASF India reports across six segments (consolidated), with the following FY 2024–25 revenue mix (Rs. in million) :

• Agricultural Solutions: 20,647.3
• Materials: 49,412.3
• Industrial Solutions: 27,949.5
• Surface Technologies: 4,796.4
• Nutrition & Care: 28,749.6
• Chemicals: 19,958.7
• Others: 1,086.2
• Total revenue from operations (consolidated): 152,600. million.

Industries served include agriculture, automotive, pharmaceuticals, construction, consumer durables, consumer care and paints, reflecting the company’s role as a foundational supplier of chemicals to diverse value chains.

Revenue by Geography (consolidated): Domestic sales were Rs. 148,779.9 million and Exports were Rs. 3,820.1 million in FY 2024–25 .

Revenue by Industry Vertical (consolidated): As above, Materials (Rs. 49,412.3 million) and Nutrition & Care (Rs. 28,749.6 million) were the two largest segments by revenue, followed by Industrial Solutions (Rs. 27,949.5 million), Chemicals (Rs. 19,958.7 million), Agricultural Solutions (Rs. 20,647.3 million) and Surface Technologies (Rs. 4,796.4 million) .

BASF India Limited Key Management

• Pradip P. Shah, Chairman. He serves as the Non‑Executive Chairman of BASF India Limited.
• Alexander Gerding, Managing Director. He leads the company’s operations in India in his capacity as Managing Director.
• Narendranath J. Baliga, Chief Financial Officer & Whole‑time Director. A BASF veteran since 1994, he has served as CFO since January 1, 2015; his functional responsibilities cover Finance, HR, Supply Chain, EHS, Intellectual Property, Communications, Government Relations & Advocacy, and Real Estate & Facility Management services.

Latest Updates on BASF India Limited

• Strategic portfolio actions: Effective January 1, 2025, BASF India transferred its Coatings business to its wholly owned subsidiary, BASF India Coatings Private Limited, for a consideration of Rs. 2,119 million settled via 211.9 million equity shares; the move followed a global ERP migration initiative for the Coatings division. The carrying amounts of assets and liabilities transferred and the transaction’s exceptional item are detailed in the report .
• Agricultural Solutions reorganization: On May 2, 2025, BASF India acquired 100% of BASF Agricultural Solutions India Ltd. from BASF SE and its nominees. The Board also approved a Scheme of Arrangement to demerge BASF India’s Agricultural Solutions Business into the subsidiary, with a proposed 1:1 share allotment and subsequent listing of the resulting company, subject to regulatory and shareholder approvals.
• Segment realignment: Effective January 1, 2025, the Catalysts division was restructured and reported under Performance Chemicals within Industrial Solutions; Surface Technologies now comprises only Coatings, with prior periods restated accordingly .
• New capability build-outs: The company launched the Polyurethane Technical Development Center India at its Thane site on May 28, 2024, and reported that Cellasto strengthened its presence in India with plans for a new plant to boost capacity by the second half of 2026 .
• Product launches: Agricultural Solutions expanded its portfolio with new insecticides Efficon, Imunit and Pirate during the year, complementing existing products Priaxor, Merivon, Systiva and Cabriotop .
• Financial strength and payouts: The Board recommended a final dividend of Rs. 20 per equity share (200%) for FY 2024–25, subject to shareholder approval at the AGM . The company generated cash from operations of Rs. 3,890.6 million, incurred capital expenditure of Rs. 1,562.2 million, had nil borrowings at year‑end and reported a nil debt‑equity ratio as of March 31, 2025 .
• Credit ratings: CRISIL reaffirmed ‘CRISIL AAA/Stable’ for the long‑term debt programme; Fixed Deposits were rated ‘FAAA/Stable’ and Commercial Paper ‘CRISIL A1+’.
• Operational update: Closure of the Turbo Tube Dryer Unit at the Dahej site pertaining to the Care Chemicals business during the year.