Coromandel Engineering Company Ltd (COROENGG)

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Coromandel Engineering Company Ltd (COROENGG) · mywealthgrid

About

Micro-cap residential and commercial real estate developer with recent quarterly revenues of ₹7–10 Cr, down 75% from ₹28 Cr in mid-2023. Promoter-controlled with 70.87% stake and zero institutional ownership. Market cap ₹181 Cr; operates in cyclical realty sector with lumpy project-based cash flows.

Face value: ₹10

Market cap

₹181 Cr

P/E

438.4×

P/B

13.6×

Dividend yield

ROE

1.7%

ROCE

15.3%

Debt / equity

1.53

OPM

10.4%

EPS (TTM)

₹0.1

Book value

₹3.8

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Revenue fell 75% from ₹28 Cr (Sep 2023) to ₹7 Cr (Mar 2025), driven by project completion cycles or weakened demand—verify current project pipeline
Profitability swings severely: ₹2.79 Cr profit (Mar 2025) follows −₹3.16 Cr loss (Jun 2024) and −₹1.57 Cr loss (Sep 2023), making earnings unpredictable
Micro-cap with zero institutional ownership (0% FII/DII) and 29% public float creates liquidity risk and capital-access constraints
Realty sector is cyclical; returns depend on interest rates, housing demand, and buyer sentiment—verify current market conditions in company's geographies

Generated analysis · source review pending

Growth drivers

Return to profitability: ₹2.79 Cr net profit (Mar 2025) after −₹3.16 Cr loss (Jun 2024) shows stabilization following two years of losses
Operating margin of 58% (Mar 2025) vs trailing 9.84% reflects recent operational improvement; sustainability requires revenue recovery—verify project pipeline
Revenue base collapsed to ₹7 Cr from ₹28 Cr (2023); recovery would have significant impact on profit and requires successful project execution
Residential and commercial real estate demand could improve if interest rates ease or housing incentives expand—verify sector conditions in company's target markets

Generated analysis · source review pending

1,783 historical price candles were omitted because the exchange source has not been verified.

₹52.0-5.3%1Y

Quick read

rule-based

Pros

+High promoter holding of 70.9% with no pledge

Cons

−Low return on equity of -38.9% (3-yr avg)
−Revenue shrank over the last 5 years (-16.9% a year)
−Heavily leveraged (debt/equity 1.5)
−Weak interest coverage of 1.1×
−Expensive at 438.4× trailing earnings
−Trading at 13.6× book value

Research score

Structured signal from quality, growth, valuation and momentum.

5/100

Business quality: 15
Growth: 0

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Lodha Developers LimitedLODHALODHA	₹1,10,460 Cr	₹1,20,344 Cr	₹18,181 Cr	₹5,859 Cr	29.5%	₹4,126 Cr	20.6%	20.1%	15.8%	1,405
The Phoenix Mills LimitedPHOENIXLTDPHOENIXLTD	₹69,017 Cr	₹74,313 Cr	₹4,545 Cr	₹2,714 Cr	59.6%	₹1,280 Cr	35.2%	12.4%	11.4%	734
Prestige Estates Projects LimitedPRESTIGEPRESTIGE	₹64,006 Cr	₹78,992 Cr	₹13,053 Cr	₹3,675 Cr	29.2%	₹1,139 Cr	10.3%	13.6%	7.5%	2,755
Oberoi Realty LimitedOBEROIRLTYOBEROIRLTY	₹63,797 Cr	₹66,613 Cr	₹6,322 Cr	₹3,572 Cr	55.9%	₹2,630 Cr	41.7%	17.5%	14.9%	1,581
Godrej Properties LimitedGODREJPROPGODREJPROP	₹48,065 Cr	₹63,680 Cr	₹5,203 Cr	₹-458 Cr	-8.1%	₹1,600 Cr	35.9%	12.5%	10.1%	6,464
Anant Raj LimitedANANTRAJANANTRAJ	₹20,797 Cr	₹21,403 Cr	₹2,551 Cr	₹688 Cr	26.1%	₹579 Cr	22.2%	12%	11.2%	236
Brigade Enterprises LimitedBRIGADEBRIGADE	₹18,579 Cr	₹24,688 Cr	₹5,532 Cr	₹1,465 Cr	25.1%	₹695 Cr	12.7%	11.1%	10.3%	938
Horizon Industrial Parks LimitedHORIZONINDHORIZONIND	₹14,025 Cr	₹20,910 Cr	₹691 Cr	₹531 Cr	76.9%	₹-198 Cr	-29.5%	3.3%	-5.9%	-46
Sobha LimitedSOBHASOBHA	₹12,968 Cr	₹13,970 Cr	₹5,617 Cr	₹364 Cr	6%	₹231 Cr	3.7%	7.4%	4.2%	17,827
Aditya Birla Real Estate LimitedABRELABREL	₹12,293 Cr	₹17,929 Cr	₹450 Cr	₹-375 Cr	-88.2%	₹-116 Cr	-83%	-4.4%	-2.7%	22,467
Sri Lotus Developers And Realty LimitedLOTUSDEVLOTUSDEV	₹11,244 Cr	₹11,374 Cr	₹840 Cr	₹299 Cr	36.5%	₹257 Cr	31.6%	22.3%	16.7%	840
Signatureglobal (India) LimitedSIGNATURESIGNATURE	₹10,376 Cr	₹13,317 Cr	₹2,282 Cr	₹-126 Cr	-1.9%	₹1,044 Cr	42.2%	3.4%	85%	1,407

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	122	31	33	46	58	109	133	127	97	31	43
COGS	-66	-9	-13	-24	-24	45	55	51	40	7	6
Gross profit	—	—	—	—	—	63	78	76	56	24	37
	185	45	51	72	83	64	78	75	56	21	33
	4	-4	-5	-2	-1	-1	-0	1	1	3	4
OPM %	3%	-12.8%	-14%	-5.3%	-2.4%	-1.1%	-0.2%	0.4%	0.8%	9.9%	10.4%
Depreciation	—	—	4	4	3	3	3	2	2	1	1
Interest	5	3	4	6	7	6	5	4	3	3	3
	2	1	1	1	3	3	2	2	0	0	0
Profit before tax	1	-7	-11	-11	-6	-7	-6	-4	-4	-1	0
Tax	0	—	—	—	—	1	2	1	1	-1	0
Tax %	40.6%	—	—	—	—	7.7%	41.1%	17.1%	21.6%	-142.7%	0%
	0	-7	-13	-12	-5	-8	-8	-5	-4	0	0
PAT margin %	0.3%	-23.2%	-38.7%	-25.9%	-8.1%	-7.4%	-6%	-3.6%	-4.6%	1.3%	0.4%
EPS (₹)	—	—	-3.8	-3.6	-1.4	-2.4	-2.4	-1.4	-1.3	0.1	0
EPS adjusted (₹)	—	—	—	—	—	-2.4	-2.4	-1.4	-1.3	0.1	0.1
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

₹ Cr	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	33	33	33	33	33	35
Reserves	-41	-49	-54	-30	-27	-22
Minority interest	—	0	0	—	—	0
	31	14	24	17	23	20
	65	73	70	56	47	63
Total equity & liabilities	88	71	74	76	76	97
	7	5	3	2	4	3
CWIP	—	0	0	0	—	—
Investments	0	0	0	0	0	0
	81	67	71	74	72	94
Total assets	88	71	74	76	76	97

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	19	-1	-20	4	-2	11	20	-7	11	-2	-3
	0	0	0	1	2	3	2	1	0	2	1
	-20	1	20	-4	-1	-14	-21	6	-11	0	1
Net cash flow	-0	0	0	0	0	-0	-0	0	0	0	-0
Free cash flow	19	-1	-20	4	-2	11	19	-8	11	-2	-3
CFO / Operating profit %	527.3%	—	—	—	—	—	—	—	—	-52.6%	-61%

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	58.1%	58.4%	59.7%	58.3%	76.1%	86.1%
EBITDA margin %	-5.3%	-2.4%	-1.1%	-0.2%	0.4%	0.8%	9.9%	10.4%
EBIT margin %	-13%	-8.2%	-3.8%	-2.2%	-1.3%	-0.9%	6.4%	7.2%
PAT margin %	-25.9%	-8.1%	-7.4%	-6%	-3.6%	-4.6%	1.3%	0.4%
Working capital
Receivable days	—	—	69	59	56	68	281	32
Inventory days	—	—	175	104	98	114	494	652
Payable days	—	—	122	134	130	307	1,390	1,703
NWC days	—	—	122	29	25	-125	-614	-1,019
Leverage
Current ratio	—	—	1.12	1.02	1	0.9	0.99	1.09
Debt to EBITDA	—	—	—	—	44.4	21.95	7.29	4.56
Debt to equity	—	—	-3.94	-0.9	-1.19	4.81	3.61	1.53
Interest coverage	-0.8	-0.2	-0.6	-0.6	-0.4	-0.3	0.7	1.1
Asset turnover	—	—	1.23	1.86	1.71	1.27	0.41	0.44
Return ratios
Return on assets %	—	—	-9.1%	-11.2%	-6.1%	-5.8%	0.5%	0.2%
Return on capital employed %	—	—	-12.1%	-10.7%	-8.1%	-5.6%	14.1%	15.3%
Return on equity %	—	—	101.5%	49.9%	22%	-126.8%	6.6%	1.3%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	74.52%	74.52%	74.57%	74.57%	74.57%	74.55%	73.33%	70.87%	70.87%	70.87%	70.87%	70.87%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
DII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	25.48%	25.48%	25.43%	25.43%	25.43%	25.45%	26.67%	29.13%	29.13%	29.13%	29.13%	29.13%
No. of shareholders	—	—	—	—	—	—	—	—	3,061	3,239	3,185	3,298

Promoter holding down 3.65 percentage points since Sep 2023.

Mr. G V ManimaranExecutive Director-Chairperson-MD
Mr. Ennarasu KarunesanNon-Executive - Non Independent Director
Mr. Ravi MuthusamyNon-Executive - Independent Director
Mr. Nallusamy ElangovanNon-Executive - Independent Director
Ms. Rajendran Stella IsabellaNon-Executive - Independent Director
Ms. SwethaNon-Executive - Non Independent Director
Mr. Sethupathy RChief Operating Officer
Mr. Babu I RazackChief Financial Officer
Ms. Sneha JainCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Coromandel Engineering Company Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

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Events

Upcoming dates and the company’s corporate-action history.

2

Dividend dividend7 Jul 2011 · ex-date₹2.5
Dividend dividend13 Jul 2010 · ex-date₹2

1

Board meeting to consider results12 Aug 2026

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

59 announcementsExport CSV

29 Sept 2026, 6:54 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Scrutinizer''s Report

AGM PDF

29 Sept 2026, 5:04 pmAGM/EGM

Shareholder Meeting / Postal Ballot-Outcome of AGM

AGM PDF

4 Sept 2026, 5:25 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

4 Sept 2026, 4:32 pmCorp. Action

Book Closure From 22Nd September 2026 To 29Th September 2026 (Both Days Inclusive)

Book Closure PDF

4 Sept 2026, 3:54 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

3 Sept 2026, 6:35 pmOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

3 Sept 2026, 5:10 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

2 Sept 2026, 6:12 pmAGM/EGM

78Th Annual General Meeting To Be Held On 29Th September 2026 At 02.30 P.M. Via Video Conferencing Or OVAM

AGM PDF

Date	Category	Subject	Filing
29 Sept 2026, 6:54 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Scrutinizer''s Report	PDF
29 Sept 2026, 5:04 pm	AGM/EGM AGM	Shareholder Meeting / Postal Ballot-Outcome of AGM	PDF

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Coromandel Engineering Company Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

2

1

Announcements

Not in the F&O segment

No fund holdings on record

2

1

Announcements

Annual reports

Compounded sales growth

Compounded profit growth

Return on equity

Coromandel Engineering Company Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Cash flow

Ratios

Ratio timeline

Shareholding

Quarterly record

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Events

Dividends2

Board meetings1

Announcements

Ratio timeline

Quarterly record

Board and management

Not in the F&O segment

No fund holdings on record

Dividends2

Board meetings1

Announcements

Annual reports

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

2

1

2

1