Corporate Action - Fixes record date for Final Dividend
COROMANDEL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Coromandel International reported strong full-year results for FY 2025-26. Standalone revenue grew 27% to Rs. 30,530.89 crore from Rs. 24,064.25 crore, while consolidated revenue increased 30.7% to Rs. 31,479.54 crore. Standalone net profit rose 3.5% to Rs. 2,008.58 crore, but consolidated PAT declined 7.6% to Rs. 1,898.14 crore due to Rs. 70.56 crore exceptional impairment charges for a drones subsidiary. The board declared a final dividend of Rs. 2 per share (200% on face value), with record date July 16, 2026 and payment by August 21, 2026. The company also completed acquisition of NACL Industries (53.73% stake) during the year, which expanded its crop protection segment. Auditors issued unmodified (clean) opinions on both standalone and consolidated financials.
The 27% revenue growth demonstrates strong business momentum, though the PAT decline on consolidated basis due to impairment may cause some concern. The 200% dividend payout signals management confidence. The NACL acquisition should boost crop protection segment going forward.