COROMANDEL INTERNTL. LTD

Manufactures and sells fertilizers, crop protection chemicals and specialty nutrients, with operations across 18 manufacturing facilities in India and exports to 46 countries. The Nutrient and other allied business segment generated 90.1% of segment revenue (₹276.93 cr as per the period covered by F_SEGMENTS), consisting of phosphatic fertilizers, specialty and secondary nutrients, and bio products; the company holds 22% primary fertilizer market share and was India's largest phosphatic fertilizer company by sales volume for a second consecutive year. The Crop protection segment contributed 9.9% of segment revenue (₹30.54 cr), supplying agrochemical formulations and active ingredients; in Q1 FY27 it posted record results with segment revenue +20% YoY to ₹870 cr and EBIT +44% to ₹159 cr, led by exports and B2B. A retail network of 1,200+ outlets sells inputs and farm advisory directly to farmers, with 76% of stores profitable in Q1 FY27 versus 61% a year earlier and revenue +85% YoY. Backward integration includes a Senegal rock phosphate mine (BMCC, 1.1 lakh tons produced) plus newly commissioned phosphoric and sulphuric acid plants at Kakinada, with 750 kt of granulation capacity targeted for Q4 FY27 commissioning. Materials — sulphur, ammonia, rock phosphate — are the largest cost at 54.7% of revenue, and fertilizer selling prices are largely set under the government's Nutrient Based Subsidy framework, with ₹3,254 cr of subsidy outstanding as of 30 June 2026.