Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. The company was formerly known as Coromandel Fertilisers Ltd and changed its name to Coromandel International Limited in September 2009. Coromandel International Limited was incorporated in 1961 and is headquartered in Chennai, India. Coromandel International Limited is a subsidiary of E.I.D.-Parry (India) Limited. Coromandel International Limited, headquartered in Chennai, India, is a key player in the agricultural inputs sector, part of the Murugappa Group.
It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc. Coromandel International Ltd is one of India's leading agri solutions provider. It offers a diverse range of products and services across the farming value chain. It specializes in fertilizers, crop protein, bio pesticide, specialty nutrients, organic fertilizers, etc. The company has established itself as a comprehensive agricultural solutions provider, catering to farmers' diverse needs across India and international markets.
The company's business is divided among 2 main segments i.e. nutrient and other allied products (~85% of revenues) and crop protection (~15% of revenues). Business Segments 1) Crop Nutrition (89% in Q1 FY25 vs 87% in FY22) This indicates a growing dominance of the crop nutrition segment in the company's revenue mix.
In the fertilizer business, The company sells various types of phosphatic fertilizers in the domestic market. It has ~40% share in the unique grade fertilizer sales in India. Overall, it is the 2nd largest phosphatic seller in India and largest single super phosphate (SSP) seller with a market share of ~15%. It has a leading position in the states of Andhra Pradesh and Telangana; India's largest complex-fertiliser markets.
The Company's fertilizers consist of nitrogen, phosphate, calcium and potassium in various grades and are available under various brands, such as GroShakti Plus, Grosmart, Paramfos, Gromor 15-15-15-09, Godavari Ultra DAP, Gromor / Godavari DAP, Gromor MOP and Gromor Urea. The Companyâs fertilizers products include GroShakti Plus, Grosmart, Paramfos, Gromor 15-15-15-09, Godavari Ultra DAP, Gromor / Godavari DAP, Gromor MOP, Gromor Urea, and others.
Its crop protection products consist of insecticides, fungicides, herbicides, plant growth regulators and bio-products. Its crop protection products consist of insecticides, fungicides, herbicides, plant growth regulators and bio-products. Its speciality nutrients products include Acumist Calcium, AcuMist Zinc, Sulphamax, and others. It offers organic fertilizers derived from natural sources like city waste (organic portion only), sugarcane molasses and its by-products, oil cakes and gypsum. It offers organic fertilizers derived from natural sources like city waste (organic portion only), sugarcane molasses and its by-products, oil cakes and gypsum.
The company has also ventured into biologicals business, where The company has a rich product pipeline with research on compounds from plant extracts and microbial bio-pesticides. It is a leading manufacturer of azadirachtin in the world with ~65% export share. It exports to USA, Canada and Europe.
The Company operates a network of over 750 rural retail outlets across India. The Company operates a network of over 750 rural retail outlets across India. The company has a strong presence in India with over 2,500 distributors and more than 10,000 retailers across the country. The firm also owns and operates retail outlets known as Mana Grormor Centers.
In addition, the company operates through rural retail outlets, which provides soil testing, crop diagnostics, and farm mechanization services across Andhra Pradesh, Telangana, and Karnataka. This extensive distribution network provides the company with significant competitive advantages in reaching farmers across India's agricultural heartlands.
For the third quarter of the fiscal year 2025 (Q3FY25), Coromandel International Ltd reported a total income of ₹7048.86 crores. However, on a year-over-year basis, there was a significant increase of 27.6% from ₹5522.69 crores recorded in the third quarter of the previous fiscal year (Q3FY24).
Total Income in Q3FY25 was at Rs 7,038 crore vs Rs 5,510 crore for Q3FY24, registering a growth of 28%. EBITDA for Q3FY25 was Rs 727 crore vs Rs 358 crore for Q3FY24, registering a growth of 103%.
The Profit After Tax (PAT) for Q3FY25 was ₹507.91 crores, which decreased by 22.9% from the previous quarter's PAT of ₹659.10 crores but increased by 122.7% year-over-year from ₹228.11 crores in Q3
Revenue: ₹4,988.39Cr as on March 2025 (Q4 FY25) Net Profit: ₹578.46Cr as on March 2025 (Q4 FY25)
Coromandel International reported a strong performance for the quarter ended March 31, 2025, with consolidated net profit soaring 253% year-on-year to ₹578.45 crore, up from ₹163.92 crore in Q4 FY24.
Coromandel International Ltd has a market capitalisation of ₹ 70,242 Cr as on 01-Jul-2025. As per Value Research classification, it is a Large Cap company.
The P/B ratio of Coromandel International Ltd is 6.34 times as on 01-Jul-2025, a 248% premium to its peers' median range of 1.82 times. The P/E ratio of Coromandel International Ltd is 33.99 times as on 01-Jul-2025, a 51% premium to its peers' median range of 22.58 times.
The company continues to focus on expanding its manufacturing capabilities. The recent Bhumi Pooja for the new 750,000 MT per annum of NPK granulation train at Kakinada marks another significant milestone in our journey to strengthen fertiliser manufacturing capabilities.
We are pleased to report robust performance in Q3 FY25, driven by strong sales volumes in Nutrients and crop protection segments, operational excellence across businesses and continued execution of our strategic initiatives. This was further aided by strong tailwinds such as good monsoon, higher reservoir levels and increased crop sowing in our target markets. Recovery in global agrochemicals market, coupled with strong performance of innovative, in-licensing products have supported growth in Crop Protection segment.
We are promoting sustainable agricultural practices to drive resource efficiency and balanced nutrition and are progressing well in our efforts to scale up Nano products and drone based spraying services.
CCI approves Coromandel's acquisition of 53.13% stake in NACL Industries Limited. This strategic acquisition demonstrates the company's commitment to expanding its market presence and product portfolio.
Coromandel International Limited, India's leading agri-inputs company, has inaugurated a cutting-edge Soil and Leaf Testing Laboratory at its Kakinada plant.
Company is almost debt free. This strong balance sheet position provides the company with financial flexibility for future growth initiatives and investments.
Coromandel International Ltd stands as a well-established player in India's agricultural inputs sector, with a comprehensive product portfolio, strong market position, and robust financial performance. The company's focus on innovation, sustainability, and strategic expansion positions it well for continued growth in the evolving agricultural landscape.
