Coromandel International executed a significant block trade on the NSE, totaling ₹15.5 crore, with each share selling for ₹1,882.5. Approximately 82,220 shares were traded in this deal.
Coromandel International Limited
COROMANDELPrice History
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The Indian fertilizer industry is grappling with escalating phosphate costs, China's sulfur export restrictions, and disruptions in West Asia, putting pressure on profit margins for companies like Coromandel International. Meanwhile, Paradeep Phosphates experiences some benefits due to its OCP partnership but also encounters global cost issues.
Coromandel International's quality rating has been lowered from 'Excellent' to 'Good', with a revised recommendation of 'Strong Sell'. The shift is attributed to a decline in key metrics such as Return on Equity (ROE), Return on Capital Employed (ROCE), debt levels, and growth consistency. Investors might want to reconsider their holdings in this company.
Coromandel announces plans to increase its granulation capacity by December 2026, aiming for a significant 30-40% jump in Senegal's rock phosphate production. This expansion is expected to bolster phosphate output in the region.
Coromandel International reports a significant 30% increase in revenue for FY26, reaching INR 31,827 crore, with EBITDA growing by 23%. The growth was driven partly by a 7% rise in fertilizer sales to 4.3 million tons. Shareholders are rewarded with a dividend of INR 11 per share, amounting to INR 1,100 crore in total.
Coromandel International faces a drop in earnings (EPS) due to delayed subsidies from the National Buildings Subsidy scheme and increased input costs. Despite revenue growth, reduced government reimbursement rates have impacted their profit margins, as discussed in their recent conference call.
Coromandel International experienced lower profits in Q4 due to increased costs of raw materials. The CEO remains optimistic for growth in FY2027 despite current challenges, as reported by ET Now.
Coromandel International's Q4 sales increased by 20%, yet profit margins dipped, suggesting potential concerns regarding the company's long-term profitability and operational effectiveness.
Coromandel International has announced that the record date for their final dividend of INR 2 will be July 16, 2026. Shareholders should note this date as it determines eligibility for the payout. The actual payment is expected to take place on or before August 21, 2026.
Coromandel dominates the nanotechnology business sector with a significant 50% market share and impressive 60% growth, largely due to successful field trials and active farmer engagement resulting in sales of over 42 lakh nano bottles.
Coromandel International announces a Rs. 2 per share dividend for its shareholders, following the approval of Q4 FY2026 results. This decision was made at their 64th Annual General Meeting on July 23, 2026. The auditors were also reappointed for a five-year term, and a $15.5M guarantee was issued in the same meeting.
Coromandel International has reported a significant increase in Q4 EBITDA, climbing up to ₹4.87 billion compared to ₹4.26 billion last year. However, the EBITDA margin dipped slightly to 8.1% from 8.5%, indicating a narrowing profitability.
Coromandel International's Q4 net profit declined by 76%, despite a 20.4% increase in revenue, causing shares to drop by 3.1%. The narrowed margins now stand at 8.1%, but shareholders will receive a final dividend of ₹2 per share.
India's potential sulphur export restrictions could favor Reliance Industries and Coromandel International due to enhanced margins and increased demand. Additionally, Chambal Fertilisers, Deepak Fertilisers, and Indian Oil may also benefit from stable demand and rising sulphur prices.
Coromandel International recorded a significant block trade on NSE, valued at approximately INR 21.1 crore, with 102,562 shares exchanging hands at INR 2057.3 per share.
The recent Chinese ban on sulphuric acid exports and Iran's sulphur supply disruptions are increasing costs for fertilizer companies like Coromandel, RCF, and Chambal, while also exacerbating challenges due to rising global prices. This situation is particularly pressing for Indian firms in the industry.
The government's approval of a ₹41,500 crore subsidy under the NBS scheme has sparked interest in companies like Coromandel, Paradeep Phosphates, and GSFC. This move is expected to enhance margins, promote pricing stability, and boost demand for phosphatic and potassic fertiliser manufacturers. Additionally, there is a broader optimism that this could benefit urea-producing companies as well.
Fertilizer stocks such as Coromandel, Rashtriya Chem, Rallis India, and Dhanuka Agritech have surged by 5% following the US-Iran ceasefire, according to recent reports. Long-term investors may find potential value in these companies.