COROMANDEL
Coromandel International Limited
NSELast Traded Price
₹1917
-11.4 (-0.59%)
Open
₹1931
High
₹1943
Low
₹1895.2
Prev Close
₹1928.4
Industry
Fertilizers
Market Cap
56554.65 Cr
Filing History
Recent corporate announcements and filings for COROMANDEL
Business Update
Positive
2026-08-24 18:59
- Coromandel International's subsidiary, Dhaksha Unmanned Systems, inaugurated a new manufacturing facility in Kancheepuram on August 24, 2026.
- The facility aims to strengthen indigenous drone capabilities for agriculture, defence, and enterprise sectors.
- Two new agricultural drone models, DH Agrigator E10 Prime and E10 Eco, were also launched.
Ownership
Neutral
2026-08-21 20:58
- Allotment of 44,460 equity shares of Re.1/- each to option grantees under the ESOP Scheme 2016.
- The total share capital increased from Rs. 29,50,16,439/- to Rs. 29,50,60,899/-.
Business Update
Neutral
2026-08-21 20:00
CRITICAL RED FLAG DETECTED
- Coromandel International received an Order-in-Appeal from Joint Commissioner (Appeals), Jammu, on August 20, 2026.
- The order demands ₹1,23,51,441 tax and ₹12,35,144 penalty for alleged excess Input Tax Credit (ITC) availment in FY 2018-19.
- The company plans to appeal the order, believing it has a strong case, and expects no significant impact on its financials or operations.
Business Update
Neutral
2026-07-31 16:04
- Q1 FY27 saw EBITDA degrowth (-3% YoY) and lower PAT due to challenging external environment (deficit rainfall, elevated raw material costs, inadequate subsidy compensation).
- Strong performance in non-subsidy businesses: Crop Protection revenue ▲20% YoY (EBIT ▲44%), Retail business revenue ▲85% YoY, SSP volumes ▲19%.
- Sulphuric acid and phosphoric acid plants commissioned; granulation project on track for Q4 FY27.
- Future outlook targets average EBITDA from nutrient business to increase from INR 5,000 to INR 6,500 per metric ton once market normalcy restores.
- Expects 25%-30% top-line growth with 20% EBITDA margin for Specialty Nutrient business.
- Sustainable annual capex of INR 300 crores, prioritizing returns on recent INR 7,000 Cr investments before further major capex.
- Expanding retail network to over 1,200 stores and increasing drone fleet to 500 for agri-drone services.
- Actively pursuing updated NBS rates from government for Kharif season to improve fertilizer business viability.
Business Update
Neutral
2026-07-24 19:01
- Audio recording of the conference call held on July 24, 2026, regarding the financial results for the quarter ended June 30, 2026, has been uploaded to the Company's website. The filing is made as per SEBI regulations.
Governance
Positive
2026-07-24 16:42
- Coromandel International Limited submitted voting results and the Consolidated Scrutinizer's Report for its 64th Annual General Meeting (AGM) held on July 23, 2026.
- All resolutions, including adoption of financial statements, declaration of final dividend, re-appointment of Whole-time Director, and re-appointment of Statutory Auditors, were approved by shareholders with requisite majority.
Governance
Neutral
2026-07-23 19:05
- The 64th Annual General Meeting (AGM) of Coromandel International Limited was held on July 23, 2026, via Video Conferencing (VC)/OAVM.
- Resolutions passed include adoption of FY26 financial statements, declaration of final dividend for FY26, re-election of a director, and re-appointment of statutory auditors.
Financials
Negative
2026-07-23 17:22
- Consolidated Total Income ₹8,215Cr vs ₹7,126Cr (▲15% YoY)
- EBITDA ₹761Cr vs ₹782Cr (▼3% YoY)
- PAT ₹382Cr vs ₹502Cr (▼24% YoY)
- EBITDA Margin 9.26% vs 10.97% (▼171bps)
Financials
Negative
2026-07-23 14:24
- Consolidated Revenue ₹8,164.77Cr vs ₹7,042.30Cr (▲16% YoY)
- EBITDA ₹755.65Cr vs ₹782.08Cr (▼3.4% YoY)
- PAT ₹381.56Cr vs ₹501.59Cr (▼23.9% YoY)
- EBITDA Margin 9.25% vs 11.10% (▼185bps)
- Board approved conversion of loan worth ₹108 Crores to equity shares in Coromandel Chemicals Limited (WOS).
- Approved restructuring of USD 9.70 Million loans given to Baobab Mining and Chemicals Corporation S A (step-down subsidiary) into equity/preference shares.
Business Update
Neutral
2026-07-21 16:42
- Concall Schedule
- Concall Date: Friday, July 24, 2026
- Concall Time: 02:30 PM IST
Business Update
Positive
2026-07-14 13:27
- Coromandel International Limited has been awarded the Responsible Care Certification by the Indian Chemical Council (ICC).
- The certification covers all 18 manufacturing facilities across its various businesses.
- It is valid from April 2026 to March 2029, recognizing the company's high standards in safety, health, environmental protection, and product stewardship.
Business Update
Neutral
2026-07-01 23:24
- Submission of the Business Responsibility and Sustainability Report (BRSR) for Financial Year 2025-26.
- The report details the company's environmental, social, and governance (ESG) performance and policies.
- Filed pursuant to Regulation 34(2)(f) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
Governance
Positive
2026-07-01 23:18
- Notice of the 64th Annual General Meeting (AGM) to be held on Thursday, July 23, 2026, at 3:30 P.M. (IST) via video conferencing.
- The Integrated Annual Report for the Financial Year 2025-26 is enclosed.
- E-voting will be available from Monday, July 20, 2026, to Wednesday, July 22, 2026.
Routine
Neutral
2026-06-26 19:17
- The trading window for dealing in company securities will be closed from July 1, 2026.
- This closure is in accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, ahead of the unaudited financial results for the quarter ending June 30, 2026.
- The window will remain closed till 48 hours after the declaration of the results.
Ownership
Neutral
2026-06-23 14:48
- Allotment of 1,800 equity shares of Re.1/- each under ESOP Scheme 2016 on June 23, 2026.
- The company's share capital increased from Rs. 29,50,14,639 to Rs. 29,50,16,439.
Routine
Neutral
2026-06-09 19:00
New Filing detected. See link for details.
Business Update
Positive
2026-05-15 21:11
Coromandel International Limited reported strong operational performance for Q4 FY26 and achieved its highest-ever full-year revenue and EBITDA for FY26, despite facing sector headwinds from elevated raw material prices and geopolitical disruptions. The company commissioned new Sulphuric and Phosphoric acid plants and expanded granulation capacity, with a project underway for further expansion by December FY26. The crop protection business is projected to grow domestic formulation revenue by 20-25% with new products and aims to sustain 19% EBITDA margins for its non-NACL segment, while NACL's margins are expected to stabilize at 9-10%. Management anticipates a potential reduction in Q1 FY27 trading volume due to raw material non-availability but expects normalization in H2. The outlook for overall margins remains fluid due to raw material price volatility and subsidy uncertainties, with management hoping for government support. The Dhaksha drones business is in recovery, with new products expected in 6-9 months, and the CDMO segment is progressing towards significant revenue contribution in two years.
Business Update
Neutral
2026-05-08 18:52
Coromandel International Limited announced the upload of the audio recording of its conference call with analysts and investors, held on May 8, 2026, regarding the financial results for the quarter ended March 31, 2026. The recording is available on the company's website.
Financials
Positive
2026-05-07 17:29
Consolidated Revenue ₹6,068Cr vs ₹5,114Cr (▲19% YoY), EBITDA ₹494Cr vs ₹426Cr (▲16% YoY), PAT ₹115Cr vs ₹578Cr (▼80% YoY). EBITDA Margin 8.14% vs 8.33% (▼19bps).
Financials
Negative
2026-05-07 14:21
Consolidated Revenue ₹6,003.66 Cr vs ₹4,988.39 Cr (▲20.35% YoY), EBITDA ₹417.20 Cr vs ₹756.14 Cr (▼44.82% YoY), PAT ₹114.64 Cr vs ₹578.46 Cr (▼80.18% YoY). EBITDA Margin 6.95% vs 15.16% (▼821 bps). The Board also declared a final dividend of Rs. 2 per equity share for FY 2025-26.
Routine
Neutral
2026-05-07 14:20
New Filing detected. See link for details.
Routine
Neutral
2026-05-07 14:06
New Filing detected. See link for details.
Financials
Negative
2026-05-07 13:59
Consolidated Revenue ₹6,003.66 Cr vs ₹4,988.39 Cr (▲20.4% YoY), EBITDA ₹417.20 Cr vs ₹756.14 Cr (▼44.8% YoY), PAT ₹139.93 Cr vs ₹579.67 Cr (▼75.9% YoY). EBITDA Margin 7.0% vs 15.2% (▼821bps). The Board also approved a final dividend of Rs. 2/- per equity share.
Business Update
Neutral
2026-05-05 18:11
Coromandel International Limited announced an earnings conference call, hosted by Elara Capital, to discuss its Q4FY26 financial results. The call is scheduled for Friday, May 8, 2026, at 02:30 PM IST, and will include participation from Mr. Sankarasubramanian S (MD & CEO) and Mr. Deepak Natarajan (CFO).
Routine
Neutral
2026-04-09 13:10
Coromandel International Limited submitted the Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended March 31, 2026. The certificate, issued by KFin Technologies Limited, confirms the timely dematerialisation/rematerialisation of securities.