Coromandel International Limited (COROMANDEL)

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Coromandel International Limited (COROMANDEL) · mywealthgrid

About

Coromandel International is a fertilizers and agrochemicals company serving India's agricultural sector, with market cap ₹61,811 Cr. Recent quarters reveal profit pressure: EPS fell from ₹27.72 (Sep 2025) to ₹12.8 (Jun 2026) amid margin compression (12.18% to 8.01% OPM) and revenue volatility ranging ₹5.7–₹9.7 Cr per quarter.

Face value: ₹1

Market cap

₹52,026 Cr

P/E

29.3×

P/B

4.1×

Dividend yield

1.1%

ROE

16.5%

ROCE

23.3%

Debt / equity

0.07

OPM

10.2%

EPS (TTM)

₹60.3

Book value

₹425.7

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Margin compression — OPM fell from 12.18% (Sep 2025) to 8.01% (Jun 2026), indicating cost or pricing pressure in the near term
Revenue volatility — swung from ₹9.7 Cr (Sep 2025) to ₹5.7 Cr (Mar 2026) within nine months, exposing the company to sector cyclicality
Elevated valuation relative to current profitability — PE of 34.76 leaves minimal margin of safety if margin weakness persists
Sector headwinds — verify impact of commodity price fluctuations, government fertilizer subsidy policy, and monsoon/agricultural cycles on demand

Generated analysis · source review pending

Growth drivers

Margin recovery — OPM compressed to 8.01% from prior 12.18%; expansion toward historical levels would amplify profit even if revenue flat
Revenue recovery trend — Jun 2026 revenue of ₹8,164 Cr recovered from Mar 2026 trough of ₹6,003 Cr; sustained recovery would drive earnings growth
Strong balance sheet flexibility — D/E of 0.07 enables capex or strategic investments without debt financing
Agricultural demand drivers — verify government policies supporting farm production, monsoon strength, and farmer income trends that underpin fertilizer consumption

Generated analysis · source review pending

2,528 historical price candles were omitted because the exchange source has not been verified.

₹1,763.6-1.6%1Y

Quick read

rule-based

Pros

+Strong return on equity of 18.6% (3-yr avg)
+High return on capital employed of 24.7%
+Revenue CAGR of 17.2% over the last 5 years
+Almost debt-free (debt/equity 0.1)
+Dividend payout of 33.2% of profit

Cons

No red flags triggered.

Research score

Structured signal from quality, growth, valuation and momentum.

43/100

Business quality: 55
Growth: 19
Valuation

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.

Part ofNIFTY MIDCAP 150 NIFTY MIDSMALLCAP 400 NIFTY 500 NIFTY TOTAL MARKET

Screen this industry Compare top 5 side-by-side

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Financials

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

Annual Quarterly

Consolidated Standalone

Consolidated figures · ₹ crore

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	10,195	11,127	13,225	13,137	14,213	19,111	29,628	22,058	24,085	31,480
COGS	7,121	7,609	9,340	9,056	9,688	14,217	23,473	16,482	17,854	23,669
Gross profit	3,074	3,518	3,885	4,081	4,526	4,894	6,155	5,576	6,231	7,811
	2,091	2,261	2,441	2,349	2,504	2,741	3,254	3,204	3,666	4,595
	983	1,256	1,444	1,732	2,021	2,154	2,902	2,372	2,565	3,216
OPM %	9.6%	11.3%	10.9%	13.2%	14.2%	11.3%	9.8%	10.8%	10.7%	10.2%
Depreciation	101	99	114	158	173	173	182	229	290	534
Interest	224	178	251	235	106	75	190	187	262	343
	55	60	13	40	44	144	171	231	705	277
Profit before tax	712	1,038	1,093	1,379	1,786	2,050	2,701	2,188	2,718	2,617
Tax	235	347	372	313	457	521	688	548	673	719
Tax %	33%	33.4%	34.1%	22.7%	25.6%	25.4%	25.5%	25%	24.8%	27.5%
	477	691	720	1,065	1,329	1,528	2,013	1,641	2,045	1,898
PAT margin %	4.7%	6.2%	5.5%	8.1%	9.4%	8%	6.8%	7.4%	8.5%	6%
EPS (₹)	16.4	23.7	24.6	36.4	45.3	52.1	68.5	55.8	70.2	66.4
EPS adjusted (₹)	16.4	23.6	24.6	36.4	45.3	52.1	68.5	55.8	70.1	66.3
	30.6%	27.5%	26.4%	33%	26.5%	23%	17.5%	10.8%	21.4%	16.6%
Annual report	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	Annual report for Mar 2026

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	29	29	29	29	29	29	29	29	29	29	30
Reserves	2,396	2,783	2,898	3,405	—	5,121	6,329	7,878	9,390	11,058	12,528
Minority interest	—	—	—	—	—	—	—	—	27	135	575
	2,223	2,231	2,731	2,957	—	2	0	5	52	232	867
	4,245	3,520	4,215	4,257	—	3,743	4,926	6,322	6,353	7,473	10,503
Total equity & liabilities	8,893	8,563	9,873	10,647	—	8,895	11,285	14,235	15,852	18,928	24,503
	1,356	1,324	1,324	1,307	1,620	1,625	1,709	2,200	3,112	4,139	6,070
CWIP	31	14	38	176	—	76	120	376	205	352	296
Investments	389	334	288	321	—	214	243	287	854	1,031	2,044
	7,117	6,891	8,223	8,845	—	6,981	9,212	11,371	11,681	13,405	16,093
Total assets	8,893	8,563	9,873	10,647	—	8,895	11,285	14,235	15,852	18,928	24,503

Segment results

As reported in NSE results XBRL. Segment result is before tax and finance costs. ROCE uses that annual result divided by segment assets less liabilities.

Source XBRL ↗

Latest reported period · 31 Mar 2026 · ₹ crore

Segment	Revenue	Result	Assets	Liabilities	Capital employed	ROCE %
Nutrient and other allied business	27,726.87	2,463.86	15,470.43	9,017.72	6,452.71	38.18
Crop protection	3,968.25	510.81

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Ratios

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

Consolidated Standalone

Consolidated figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	29.4%	31.1%	31.8%

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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
	57.33%	57.33%	57.32%	57.31%	57.17%	56.97%	56.96%	56.9%	56.88%	56.86%	56.35%	56.35%
	7.19%	7.71%	7.34%	7.52%	7.79%	8.33%	10.61%	14.29%	14.51%	13.8%	13.02%	11.5%
	21.14%	20.25%	20.67%	20.82%	21.26%	21.02%	18.98%	15.86%	15.79%	16.7%	18.2%	19.92%
	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	14.34%	14.71%	14.67%	14.35%	13.78%	13.68%	13.45%	12.85%	12.72%	12.54%	12.25%	12.06%
No. of shareholders	—	—	—	—	—	—	—	—	1,45,222	1,34,655	1,37,335	1,30,118

Promoter holding down 0.98 percentage points since Sep 2023.

1 disclosure

Person	Deal	Shares	Value	Holding	Filed
Valli AnnamalaiPromoter Group	BuyOff Market	23,774	₹0	0.04% → 0.05%	11 Nov 20257(2)

Disclosed under SEBI’s insider-trading regulations, which require a filing only above ₹10 lakh in a quarter — smaller dealings are in no disclosure. Holdings are the filer’s own percentages, not recomputed.

26 deals · 19 Sept 2022 – 7 Oct 2025

Date	Client	Type	Venue	Side	Quantity	Price	Value
7 Oct 2025	GOLDMAN SACHS (SINGAPORE) PTE	Block	NSE	Sell	1,62,324	₹2,350.50	₹38.15 Cr
7 Oct 2025	GOLDMAN SACHS BANK EUROPESE	Block	NSE	Buy	1,62,324	₹2,350.50	₹38.15 Cr
14 Jul 2025	THE MTBJ LTD AS TRST FOR GOVRNMNT PENSION INVSTMNT FUND MTBJ400045828	Block	BSE	Sell	44,007	₹2,324.80	₹10.23 Cr
14 Jul 2025	THE MTBJ LTD AS TRST FOR GOVERNMENT PENSION INVESTMENT FUND MTBJ400045849	Block	BSE	Buy	44,007	₹2,324.80	₹10.23 Cr
30 May 2025	BNP PARIBAS FINANCIAL MARKETS	Bulk	NSE	Sell	23,12,673	₹2,287.85	₹529.10 Cr
30 May 2025	BNP PARIBAS FINANCIAL MARKETS	Bulk	NSE	Buy	4,323	₹2,293.63	₹0.99 Cr
25 Oct 2022	ISHARES CORE MSCI EMERGING MARKETS ETF	Block	BSE	Buy	2,49,856	₹1,001.85	₹25.03 Cr
25 Oct 2022	ISHARES CORE EMERGING MARKETS MAURITIUS CO	Block	BSE	Sell	2,49,856	₹1,001.85	₹25.03 Cr
25 Oct 2022	ISHARES MSCI INDIA SMALL-CAP ETF	Block	BSE	Buy	47,075	₹1,001.85	₹4.72 Cr
25 Oct 2022	ISHARES INDIA SC MAURITIUS COMPANY	Block	BSE	Sell	47,075	₹1,001.85	₹4.72 Cr

1–10 of 26

1 / 3

Mr. Arun AlagappanExecutive Director-Chairperson related to Promoter
Mr. SankarasubramanianExecutive Director-CEO-MD
Mr. Arunachalam VellayanExecutive Director
Mr. Narayanan VellayanExecutive Director
Mr. Sudarshan VenuNon-Executive - Independent Director
Mrs. Deepali Pant Rajeev JoshiNon-Executive - Independent Director
Mr. Aditya HimatsingkaNon-Executive - Independent Director
Mr. Adnan Wajhat AhmadNon-Executive - Independent Director
Mr. Suresh SubramanianNon-Executive - Independent Director
Mr. Durgashankar SubramaniamNon-Executive - Independent Director
Mr. T S VenkateswaranVice President & Chief Risk Officer

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F&O

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Fund holders

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

Portfolio month

Schemes holding

across 15 fund houses

Held by these funds

9.56%

of the company's equity

All mutual funds

14.57%

shareholding pattern, Jun 2026

Portfolios as of

August 2026

compared with July 2026

80 schemes · 15 fund houses

		Shares
Portfolio of Kotak Mid Cap FundNEW	Kotak Mahindra Mutual Fund	57.29 L	1,091.85	1.53%	1.942%	—
Portfolio of Kotak Large & Mid Cap FundNEW	Kotak Mahindra Mutual Fund	32 L	609.89	1.89%	1.085%	—
Mid Cap Fund	DSP Mutual Fund	25.42 L	484.53	2.31%	0.862%	-0
Midcap Fund	Axis Mutual Fund	20.19 L	384.74	1.09%	0.684%	-9.68 L
Large & Mid Cap Fund	DSP Mutual Fund	17.75 L	338.38	1.84%	0.602%	+69,375
Portfolio of Kotak Flexi Cap FundNEW	Kotak Mahindra Mutual Fund	15 L	285.89	0.51%	0.508%	—
ELSS Tax Saver Fund	DSP Mutual Fund	12.19 L	232.24	1.39%	0.413%	+63,145
Growth Mid Cap FundNEW	Nippon India Mutual Fund	12.11 L	230.77	0.44%	0.41%	—

1–8 of 80

1 / 10

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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.

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

19 announcementsExport CSV

22 Sept 2026, 7:20 pmCompany Update

Announcement Under Regulation 30

General PDF

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	29.4%	31.1%	31.8%

Date	Category	Subject	Filing
22 Sept 2026, 7:20 pm	Company Update General	Announcement Under Regulation 30	PDF
16 Sept 2026, 7:04 pm	Company Update General	Disclosure Under Regulation 30 Of The SEBI LODR Regulations, 2015	PDF
2 Sept 2026, 7:19 pm	Company Update General	Announcement Under Regulation 30	PDF
24 Aug 2026, 6:56 pm	Company Update General	General-Updates	PDF
21 Aug 2026, 8:56 pm	Company Update Allotment of ESOP / ESPS	Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS	PDF
21 Aug 2026, 7:54 pm	Company Update General	Announcement Under Regulation 30	PDF
31 Jul 2026, 4:10 pm	Company Update Earnings Call Transcript	Announcement under Regulation 30 (LODR)-Earnings Call Transcript	PDF
24 Jul 2026, 5:36 pm	Company Update Analyst / Investor Meet	Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome	PDF

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Coromandel International LimitedCOROMANDELCOROMANDEL	₹52,026 Cr	₹52,893 Cr	₹32,602 Cr	₹3,190 Cr	10.2%	₹1,778 Cr	6%	23.3%	16.5%	76
Fertilizers And Chemicals Travancore LimitedFACTFACT	₹47,559 Cr	₹49,329 Cr	₹5,293 Cr	₹105 Cr	2.3%	₹28 Cr	1%	17.5%	3%	86
Chambal Fertilizers & Chemicals LimitedCHAMBLFERTCHAMBLFERT	₹16,000 Cr	₹17,054 Cr	₹20,123 Cr	₹2,768 Cr	12.9%	₹1,928 Cr	9.4%	22.3%	20.4%	73
Paradeep Phosphates LimitedPARADEEPPARADEEP	₹15,700 Cr	₹22,606 Cr	₹23,447 Cr	₹2,292 Cr	9.9%	₹1,072 Cr	4.6%	29.3%	18.3%	115
Rashtriya Chemicals And Fertilizers LimitedRCFRCF	₹5,892 Cr	₹10,006 Cr	₹18,695 Cr	₹1,003 Cr	5.1%	₹447 Cr	2.3%	12.5%	8.7%	94
Gujarat State Fertilizers & Chemicals LimitedGSFCGSFC	₹5,854 Cr	₹5,879 Cr	₹12,344 Cr	₹830 Cr	7.2%	₹693 Cr	6.2%	6.6%	5.5%	129
National Fertilizers LimitedNFLNFL	₹3,132 Cr	₹7,092 Cr	₹22,480 Cr	₹1,012 Cr	3.9%	₹364 Cr	1%	11%	7.6%	81
Southern Petrochemicals Industries Corporation LimitedSPICSPIC	₹1,267 Cr	₹1,965 Cr	₹3,024 Cr	₹265 Cr	10.1%	₹205 Cr	7.2%	21.3%	16.5%	-26
Madras Fertilizers LimitedMADRASFERTMADRASFERT	₹926 Cr	₹1,560 Cr	₹2,442 Cr	₹98 Cr	4.8%	₹71 Cr	3.5%	101.8%	87.4%	33
Zuari Agro Chemicals LimitedZUARIZUARI	₹896 Cr	₹1,538 Cr	₹2,569 Cr	₹228 Cr	9.7%	₹939 Cr	30.7%	8.5%	46.6%	16
Aries Agro LimitedARIESARIES	₹621 Cr	₹671 Cr	₹766 Cr	₹81 Cr	10.3%	₹48 Cr	5.7%	21.1%	13.7%	115
Khaitan Chemicals & Fertilizers LimitedKHAICHEMKHAICHEM	₹477 Cr	₹755 Cr	₹988 Cr	₹105 Cr	11.3%	₹54 Cr	6.5%	36.1%	25.2%	119

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	18	915	263	513	1,862	4,150	1,054	1,615	1,358	970	1,558
	-62	-79	32	-597	-222	-1,257	-598	-385	-1,264	-1,144	-559
	9	-864	-1	-244	-1,723	-2,263	-443	-543	-363	-698	-831
Net cash flow	-36	-28	294	-328	-83	630	14	687	-270	-872	168
Free cash flow	-89	915	263	513	1,862	3,955	776	1,010	831	119	17
CFO / Operating profit %	—	93.1%	21%	35.5%	107.6%	205.9%	49%	55.2%	56.6%	36.9%	48.4%

Leverage
Current ratio	1.23	—	1.98	1.87	1.75	2.07	1.89	1.51

Return ratios
Return on assets %	6.8%	—	14.9%	13.5%	14.1%	10.4%	10.8%	7.7%

Coromandel International Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Segment results

Ratios

Shareholding

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Announcements

Annual reports

Credit ratings

Investor Presentation and earnings call

33

1

1

Segment results

Compounded sales growth

Compounded profit growth

Return on equity

Crop protection · revenue

Working capital
Receivable days	50	—	14	5	7	23	19	24

Coromandel International Limited

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Balance sheet

Segment results

Ratios

Ratio timeline

Shareholding

Quarterly record

Insider dealing

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

Documents

Announcements

Events

Announcements

Not in the F&O segment

Quarterly record

Insider dealing

Bulk & block deals

Board and management

Announcements

Ratio timeline

Annual reports

Credit ratings

Investor Presentation and earnings call

Dividends33

Board meetings1

Stock splits1

Profit & loss

Balance sheet

Segment results

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

Crop protection · revenue

33

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1