COROMANDELBSECoromandel International LtdMediumNeutral
Announced Thu, 7 May · 17:29 IST

Press release titled Coromandel International Limited posts FY26 Results sustain growth momentum

Investor Communications View source PDF

COROMANDEL · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-5.1%1-day move
₹1968.00
prior close
₹1961.70
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.8-1.2-1.2-1.5-5.1-4.9-5.2-5.7-5.1-4.5-9.0-10.9+2.4
Up moveDown movePending
AI summary

Coromandel International reported FY26 total income of Rs 31,827 crore, up 30% YoY, and consolidated EBITDA of Rs 3,232 crore, up 23%. However, consolidated PAT declined 8% to Rs 1,898 crore due to an exceptional loss of Rs 71 crore (vs. a Rs 347 crore gain in FY25). PBT before exceptional items grew 13% to Rs 2,688 crore. Q4 was particularly weak with PAT dropping 80% YoY to Rs 115 crore, partly reflecting start-up costs at the new Kakinada acid plants. The company declared a total dividend of Rs 11 per share (1100% on face value). Key growth drivers were crop protection (16% revenue growth, 55% profit rise) and a 7% volume increase in phosphatic fertilisers. The new 2000 TPD Sulphuric Acid and 650 TPD Phosphoric Acid plants at Kakinada, built at a cost of ~Rs 1,100 crore, were commissioned in Q4 and the Senegal rock phosphate project is ramping up. The subsidiary NACL Industries returned to profitability with 28% revenue growth.

Likely market impact

While revenue and EBITDA growth are strong, the 8% PAT decline and especially the 80% Q4 PAT drop may concern investors in the near term. However, the commissioned backward integration projects and strong crop protection performance position the company well for sustained profitability recovery.