- Business
- NACL Industries Limited is a leading Indian agrochemical company engaged in the manufacture and marketing of a wide range of crop protection solutions. Its core product portfolio includes insecticides, herbicides, fungicides, plant growth regulators, and nematicides, along with technical grade active ingredients such as Acetamiprid, Amitraz, Carbendazim, and Imidacloprid. The company serves diverse market segments comprising domestic retail farmers, institutional B2B customers, and international markets through exports of technical and formulated agrochemicals to multinational corporations and global distributors. Headquartered in Hyderabad, India, NACL Industries was founded in 1989 and has developed a strong presence across Indian and global agrochemical markets.
In the past two years, NACL Industries has undergone significant strategic changes. In August 2025, Coromandel International Limited, part of the Murugappa Group and a prominent agri-solutions provider, acquired a controlling 53% stake in NACL Industries, marking a major shift in ownership and strategic direction aimed at strengthening its position in the agricultural solutions sector. Following this acquisition, the company appointed Dr. Raghuram Devarakonda as Managing Director & CEO and initiated other executive leadership changes. Additionally, in late 2025, NACL Industries approved a rights issue to raise up to Rs 250 crore to bolster its capital base, appointed a new Chief Financial Officer, and approved relocation of its registered office within Hyderabad to enhance operational efficiency. The company has also extended the conversion timeline for Rs 28 crore Compulsorily Convertible Debentures from its subsidiary NACL Spec-Chem Limited.
NACL Industries operates primarily in the agrochemical industry, targeting farmers, agribusinesses, and multinational agrochemical companies globally. The company offers both formulated products and technical active ingredients used in crop protection. Its product set addresses pest control, weed management, fungal diseases, and plant growth regulation, fulfilling the needs of various crop segments. With a focus on innovation and sustainability under new ownership, NACL Industries is positioned to expand its footprint in India and export markets.
The company maintains a comprehensive agrochemical portfolio branded under names that include NACL Cannon and NACL Ennova, which consist of insecticides such as Chlorpyriphos, Cypermethrin, and Acetamiprid formulations, cementing its role as a critical player in crop protection.
Overall, NACL Industries Limited represents a well-established agrochemical solutions provider with a strong manufacturing base, extensive product range, and renewed strategic momentum following recent acquisitions, capital infusion plans, leadership reorganization, and operational streamlining efforts.