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Earnings Call

Coromandel International Earnings Call: Key Takeaways

Coromandel reported record FY26 revenue of ₹31,827cr, up 30% YoY. Performance driven by strong DAP/NPK sales and recovery in crop protection, despite compressed fertilizer margins due to global raw material price volatility.

Why this was an Alfa AlertNot a filter event. While the company reported record revenue, it did not state these figures significantly beat prior management-issued guidance.
Highlights
Revenue growth30% YoY for FY26; 19% YoY for Q4.
MarginsFertilizer margins compressed; crop protection margins improved to 19% EBITDA.
Order bookLarge pending orders in Dhaksha drone business; executing over 6-9 months.
Demand visibilityFluid; dependent on monsoon and government subsidy adjustments for Q2.
Management confidenceConfident in long-term structural value gap and backward integration benefits.

Growth

FY26 Revenue grew 30% to ₹31,827cr; EBITDA grew 23% to ₹3,232cr. Q4 revenue rose 19% to ₹6,068cr.

Outlook

Expanding granulation capacity by Dec 2026; increasing Senegal rock phosphate output by 30-40%; scaling drone and CDMO businesses.

Risks

High raw material prices (Ammonia, Sulphur), Middle East supply disruptions, and below-normal monsoon forecasts for Kharif season.

Source

Earnings Call filed with NSE, NSE: COROMANDEL. Summary written with AI assistance from the document.

Read the document ↗

Coromandel International Ltd: key numbers

Share price
₹1,963.90
Market cap
₹57,947 Cr
Revenue (annual)
₹31,480 Cr
Net profit (annual)
₹1,956 Cr
P/E (TTM)
31.6×Sector 12.4×
Promoter holding
56.35%+0.00% QoQ
FII holding
11.50%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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