Coromandel International Ltd

NSE: COROMANDEL BSE: 506395Agri

Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc.[1]

₹1,842

52W: ₹1787 — ₹2720

PE 25.8 · Book ₹423 · +335% vs book

Market Cap₹54,345 Cr

Stock P/E25.8Price to Earnings

ROCE25.4%Return on Capital

ROE17.9%Return on Equity

Div. Yield0.66%Face Value ₹1

Strengths

+Company is almost debt free.

Weaknesses

−Promoter holding has decreased over last quarter: -0.51%
−Debtor days have increased from 29.0 to 45.1 days.

Shareholding Pattern

Promoters56.35%

FIIs13.02%

DIIs18.19%

Public12.24%

Category	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Promoters	57.32%	57.17%▼0.1	56.96%▼0.2	56.96%	56.9%▼0.1	56.88%▼0.0	56.86%▼0.0	56.35%▼0.5
FIIs	7.52%	7.79%▲0.3	8.33%▲0.5	10.61%▲2.3	14.28%▲3.7	14.51%▲0.2	13.79%▼0.7	13.02%▼0.8
DIIs	20.79%	21.26%▲0.5	21.01%▼0.3	18.97%▼2.0	15.86%▼3.1	15.78%▼0.1	16.69%▲0.9	18.19%▲1.5
Public	14.39%	13.77%▼0.6	13.68%▼0.1	13.44%▼0.2	12.85%▼0.6	12.73%▼0.1	12.54%▼0.2	12.24%▼0.3

Financial Statements

Metric	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026
Sales	5,450	3,900	4,713	7,432	6,926	4,993	7,001	9,411	8,457	5,661
Expenses	5,092	3,631	4,206	6,449	6,198	4,555	6,263	8,265	7,699	5,202
Operating Profit	358	269	507	983	727	438	738	1,147	758	459
OPM %	7%	7%	11%	13%	10%	9%	11%	12%	9%	8%
Net Profit	243	209	331	696	525	389	508	816	530	154
EPS ₹	8.24	7.11	11.24	23.63	17.83	13.2	17.24	27.68	17.96	5.23

AI Insights

Revenue Trend

Mar 2026 revenue at ₹30,531Cr, up 26.9% YoY. OPM at 10%.

Debt Position

Borrowings at ₹829Cr. Debt-to-equity ratio: 0.07x. Healthy balance sheet.

Capex Cycle

CWIP at ₹286Cr (6% of fixed assets). Moderate ongoing capital expenditure.

Institutional Flow

DIIs: 18.19% (-2.40pp change). FIIs: 13.02% (+5.46pp change). Promoters hold 56.35%.

Margin & Efficiency

ROCE improving from 20% (Mar 2015) to 25% (Mar 2026). Working capital days: 60.

Valuation

PE 25.8x with 25.4% ROCE. Price is 335% above book value of ₹423. Dividend yield: 0.66%.