Coromandel International Limited has informed the Exchange that Board of Directors at its meeting held on May 07, 2026, recommended Final Dividend of Rs. 2 per equity share.
COROMANDEL · price
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On the reaction day the stock moved 3.7 pts less than Nifty Midcap 150 and 2.9 pts less than its Fertilizers peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Coromandel International Limited reported strong full-year results for FY 2025-26. Standalone revenue from operations grew 27% to Rs. 30,530.89 crore from Rs. 24,064.25 crore in the previous year. Net profit after tax stood at Rs. 2,008.58 crore, up from Rs. 1,940.90 crore. EPS increased to Rs. 68.19 from Rs. 65.96. The Board recommended a final dividend of Rs. 2 per equity share (200% on face value of Re. 1), payable on or before August 21, 2026. The record date for determining eligible shareholders is July 16, 2026. The company also announced a corporate guarantee of up to USD 15.5 million for its 71.51%-owned subsidiary Baobab Mining & Chemicals Corporation in Senegal.
The company demonstrated solid revenue growth and maintained profitability, with the dividend representing a consistent payout. However, without knowing the current market price, the dividend yield cannot be confirmed as above 3%. The announcement is broadly positive for shareholders.