Partner With Us NRI

Coromandel International Ltd share Price Today

Company details

6M Return 24.45%
1Y Return 28.26%
Mkt Cap.(Cr) 34,682.56
Volume 210,202
Div Yield 1.02%
OI Chg %
Volume 210,202

Open Free Trading Account Online with ICICIDIRECT

Incur '0' Brokerage upto ₹500

Fertilizers company Coromandel International announced Q4FY23 & FY23 results:

  • Standalone Q4FY23:
    • Income in Q4FY23 was at Rs 5,519 crore compared with Rs 4,294 crore in Q4FY22, a growth of 29%
    • EBITDA for Q4FY23 was Rs 399 crore, a growth of 47% over Q4FY22
    • PAT for Q4FY23 was Rs 262 crore vs Rs 183 crore in Q4FY22, growth of 43% YoY
  • Standalone FY23:
    • Income for FY23 was at Rs 29,784 crore compared with Rs 19,231 crore of FY22, growth of 55%
    • EBITDA for FY23 was Rs 2,918 crore vs. Rs 2,036 crore in FY22
    • PAT for FY23 was Rs 2,035 crore vs Rs 1,412 crore in FY22, registering a y/y growth of 44%
  • Consolidated Q4FY23:
    • Income for Q4FY23 was at Rs 5,523 crore vs. Rs 4,304 crore for Q4FY22
    • Profit after tax for Q4FY23 was at Rs 246 crore as against Rs 290 crore for Q4FY22
  • Consolidated FY23:
    • Income for FY23 was at Rs 29,799 crore vs. Rs 19,255 crore in FY22
    • Profit after tax for FY23 was at Rs 2,013 crore as against Rs 1,528 crore in FY22
  • The Board has recommended a final dividend of Rs 6 per share for FY23

Commenting on the financial results, Arun Alagappan, Executive Vice Chairman, Coromandel International said: During the financial year 2022-23, Coromandel delivered a robust performance, registering strong growth in turnover and profitability with its diversified portfolio of Nutrients, croreop Protection, Bio Products and Retail business.

During the year, Coromandel strengthened its backward integration capabilities in the Nutrient’s business by acquiring 45% shareholding in Rock Phosphate mining company in Senegal. Major capital expenditure projects like sulphuric acid plant and desalination plant are progressing well as per schedule.

In the croreop Protection business, the company started manufacturing Technicals from its newly commissioned multi-purpose plant at Ankleshwar. It further plans to bolster its manufacturing capabilities via greenfield expansion. The company also intends to leverage its technical expertise, manufacturing infrastructure, and capabilities to foray into adjacencies like the CDMO domain and specialty chemicals.

The company continued its focus on new product development and has been granted 14 patents during the year. The company successfully developed NANO DAP and has received necessary regulatory approvals for the same. It launched 9 new products across its various SBUs during the year, including a pre-emergent herbicide which was launched during the quarter. The company invested in 3 ag-tech start up companies during the year and continues to promote adoption of agri-technology solutions with the farmers.

Indian Economy continues to progress well. The healthy reservoir levels and good soil moisture conditions could offset the likely El Nino impact during the upcoming Kharif season and efforts are underway to mitigate any adverse impact of below-normal monsoons. As a leading Agri solutions provider, Coromandel will continue to promote integrated farm practices and bring prosperity to the farming community”.



Result PDF

View Other Company Results


Investment recommendation
Call Date
03 Nov 2023
Entry Price 1,020.00
Target Price 1,330.00
12-18 Month


Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Coromandel International Ltd Stocks COMPARISION


Equity Capital: 7,907.79 Cr FV: 1.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 16,520.16 27,959.84
LAST 3M 53,623.33 7,912.60
LAST 6M 94,188.00 82,000.34
LAST 12M 161,805.53 123,740.85
Coromandel International Limited - Loss of Share Certificates

Nov 30, 2023 l NSE Announcement

Coromandel International Limited - Loss of Share Certificates

Nov 29, 2023 l NSE Announcement

Date Action Type Ratio
Jul 14, 2023 Dividend 600
Feb 17, 2023 Dividend 600
Jul 14, 2022 Dividend 600

Coromandel International Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Coromandel International Ltd is in the Fertilizers sector is having a Market Capitalization worth Rs. 22,525.64 crores, it is incorporated in the year 1960s. It has reported standalone sales of Rs. 3,685.62 crores in June’2021. The company is listed on the Bombay Stock Exchange (BSE) with the code 506395, and also listed on the National Stock Exchange (NSE) with the code COROMANDEL.

    The name earlier knew the Company of Coromandel Fertilizers mainly works in four segments of Fertilizers, Specialty Nutrients, Crop Protection, and Retail. Coromandel International is a subsidiary of EID Parry managed by the Murugappa Group. Coromandel also operates in rural retail markets in the states of Andhra Pradesh, Maharashtra, and Karnataka. The company has a total of sixteen manufacturing units spread across eight states. The company is that the second-largest manufacturer and marketer of Phosphatic fertilizer in India. The company also leads the market of Organic Fertilizers in India. Recently, it has launched bio-pesticide solutions. The promoters of the company own 57.56% of the stake, Foreign Institutional Investors (FII) own 7.32%, Domestic Institutional Investors (DII) own 21.68% stake in the company, and others (such as public & retail investors) hold the balance of 13.45%.

    In June 2021, quarterly net revenue was Rs. 3,645.18 crores, which has increased by approximately 13.47 % from Rs. 3,212.36 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 329.18 crores, which has improved sharply and increased by nearly 32.94% from a net profit of Rs. 248.36 crores in June 2020. In June 2021, the reported operating profit was at Rs. 3,170.15 crores, which is also increased by 12.24% as compared to an operating profit of Rs. 2,824.52 crores for the quarter ending in June 2020. From an EPS of Rs. 8.48 in June 2020, the EPS of Coromandel International Ltd has risen to an EPS of Rs. 11.22 per share in June 2021. COROMANDEL's stock closed at Rs. 767.80 on 26th August’2021 (NSE). Coromandel International Ltd has given a marginally negative return of 1.45% in the last six months and returned 4.68% negatively in the previous year.

Registered Address

Coromandel House, 1-2-10 Sardar Patel Road, Secunderabad, Telangana, 500003

Tel : 91-40-27842034
Email : mail:coromandel.murugappa.com
Website : http://www.coromandel.biz

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 506395
Book Closure Date (Month) :
BSE Group : A
ISIN : INE169A01031

FAQ’s on Coromandel International Ltd Shares

You can buy Coromandel International Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Coromandel International Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Dec 04, 2023 03:55 PM the closing price of Coromandel International Ltd was ₹ 1,178.10.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Dec 04, 2023 03:55 PM, the market cap of Coromandel International Ltd stood at ₹ 34,682.56.

The latest PE ratio of Coromandel International Ltd as of Dec 04, 2023 03:55 PM is 17.13

The latest PB ratio of Coromandel International Ltd as of Dec 04, 2023 03:55 PM is 0.26

The 52-week high of Coromandel International Ltd is ₹ 1,184.70 while the 52-week low is ₹ 838.00

According to analyst recommendations, Coromandel International Ltd has a “Buy” rating for the long term.

Download Our App

market app
market app