Best Agrolife Ltd Subsidiary Receives A- Credit Rating From CARE Ratings

A subsidiary company of Best Agrolife Ltd on Wednesday got an A- long-term rating from India’s top credit rating agency CARE Ratings. Strong parentage of Best Agro group along with its established track record of integrated operations, experienced management, diversified product portfolio, wide distribution network, the healthy operational performance marked by consistent growth in scale of operations, and improved profitability margins have helped the company in taking the commendable leap in the credit ratings.

Best Crop Science India Pvt Ltd (BCSPL), a part of Best Agro Group, was allotted a credit rating of A- by CARE Ratings on 21 July 2022. BCSPL was incorporated in August 2015. It is a wholly-owned subsidiary of Best Agrolife Ltd (BAL). BCSPL has a manufacturing unit in Gajraula, Uttar Pradesh with an installed capacity of 15,000 tons per year. One of the significant suppliers of agro-inputs the company manufactures Technical and Formulation Grade herbicides, insecticides, and fungicides. It is equipped with NABL accredited State of the art labs to ensure quality control and quality analysis at each stage of material receiving & various stages of the manufacturing process.

It is important to note that BAL had already got an A- credit rating in November 2021. Listed among the top 15 agrochemical companies in India, BAL is a research-based organization that serves the farmer community across the globe by bringing in world-class and cost-effective farm solutions in the form of novel agrochemical formulations. Supported by NABL accredited Labs, separate R&D synthesis & formulations, 3 world-class state-of-the-art manufacturing units, and over 600 happy employees, BAL is continuously working on developing highly effective solutions against the most critical farm issues being faced by farmers across the globe. The company offers more than 70 formulations of insecticides, herbicides, fungicides, and PGRs and retains an unrivaled portfolio of 360+ formulations and more than 80 technical manufacturing licenses. BAL’s domestic business has an extensive network which strengthens our penetration. The company has a distribution network of more than 3600 dealers and distributors and has 1500+ retail points across the country. BAL is now creating waves in the agricultural world with its new products Ronfen, Warden, Axeman, Reveal, and Tombo. The company recently started its business operations in the southern region of India.