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25

Management Discussion

and Analysis

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Segment and Performance & Other Chemicals Segment.

Segment: Life Science Chemicals

2012-13

2011-12

% Change

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699

595

17

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36

34

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The performance and other details of the Businesses are given below:

Crop Protection

Products

Fungicides, Herbicides, Insecticides, Others

Crop Protection Business mainly comprises Fungicides,

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customers belonging to Agriculture industry for the protection

of crops. The Business comprises about 14 products and 44

formulations. It is not into Seeds which is now becoming an

important input for Agriculture industry.

During the year, sales increased by 14% to

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385 cr. Sales in

India decreased by 1% to

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by 20% whereas brand sales which are currently only in India

increased by 24% to

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WR

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244 cr and formed 63% of the total. Growth on account of

volume was 17%. Sales from new products and formulations

were

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chemicals is estimated at US$ 1 bn and is growing at about 5%.

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sales of more than US$ 100 mn.

The main user industry, namely, Agriculture, is growing

well because of increasing population on the one hand and

improving standard of living on the other. The Company

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its presence in other countries, particularly in Africa and

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formulations.

Floods or famines will adversely affect the demand. Registration

costs are high in certain countries. Fluctuations in foreign

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in their manufacture and use.