COROMANDELNSECoromandel International Limited· Fertilizers & AgrochemicalsHighNeutral
Announced Thu, 7 May, 2026 · 14:05 IST

Coromandel International Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Revenue Growth 20pctExceptional ItemResults View source PDFExplain this filing

COROMANDEL · price

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Price reactionminutes from the announcement price · days from the prior close
-2.6%Reaction day
₹2021.00
prior close
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Nifty Midcap 150market · index membership as recorded later (tracked since Jun 2026)+1.1%-3.7% vs market
Fertilizers peers, median of 19sector+0.2%-2.9% vs sector

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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AI summary

Coromandel International reported standalone revenue of Rs. 30,530.89 crore for FY26, up 26.8% from Rs. 24,064.25 crore in FY25, driven by strong performance in Nutrient and Crop Protection segments. Consolidated revenue stood at Rs. 31,479.54 crore. Standalone net profit after tax increased 3.5% to Rs. 2,008.58 crore, while consolidated PAT declined 7.6% to Rs. 1,898.14 crore due to higher finance costs and impairment charges. The company declared a final dividend of Rs. 2 per equity share (200% on face value of Re. 1). Exceptional items include Rs. 125.15 crore impairment provision for the Drones subsidiary business due to order execution delays. The company also announced re-appointment of S R Batliboi & Associates LLP as statutory auditors and issuance of corporate guarantee of up to USD 15.5 million for Baobab Mining & Chemicals Corporation subsidiary.

Likely market impact

Strong revenue growth demonstrates robust demand for fertilizers and crop protection products. However, the decline in consolidated PAT and exceptional impairment charges for the Drones business may create near-term concerns. The dividend declaration is positive for shareholders.