Annual Results
Coromandel International Posts Strong FY26 Revenue Growth; Declares Final Dividend
NSE
coromandel
BSE
506395
Coromandel International reported strong FY26 revenue growth driven by fertilisers and crop protection businesses. The company also announced a final dividend of Rs. 2 per share.
PRICE-SENSITIVE TRIGGER
Event: FY26 Financial Results Announcement
Type: Annual Results
Impact: Positive
Immediate Effect: Strong revenue growth, business expansion, and dividend announcement may support positive investor sentiment
Key Metrics:
- FY26 Consolidated Revenue: Rs. 31,827 crore (+30%)
- FY26 EBITDA: Rs. 3,232 crore (+23%)
- FY26 PAT: Rs. 1,898 crore (-8%)
- Q4 FY26 Revenue: Rs. 6,068 crore (+19%)
- Q4 FY26 EBITDA: Rs. 494 crore (+16%)
- Q4 FY26 PAT: Rs. 115 crore (-80%)
- Final Dividend: Rs. 2 per share
- Total FY26 Dividend: Rs. 11 per share
Highlight:
- Coromandel crossed Rs. 31,000 crore revenue in FY26 while expanding fertiliser, crop protection, and retail businesses.
What Happened ?
Coromandel International reported strong FY26 growth supported by higher fertiliser sales, crop protection performance, and retail expansion.
Key developments during the year:
- Revenue grew 30% YoY
- Fertiliser business recorded 7% growth
- Crop Protection business revenue rose 16%
- Retail network expanded to 1,200 centers
- Senegal rock phosphate project ramped up production
- Kakinada fertiliser expansion project progressing as planned
The Board also approved a final dividend of Rs. 2 per share.
key highlights
Business Updates:
- Fertiliser plants operated at full capacity during FY26.
- New Sulphuric Acid and Phosphoric Acid plants commissioned at Kakinada.
- Crop Protection business performed strongly in domestic and export markets.
- NACL Industries reported turnaround and returned to profitability.
- Retail business added over 300 new stores during FY26.
- Kakinada granulation project expected to complete by Q4 FY27.
Note:
- Despite strong revenue growth, profitability declined due to exceptional items and weaker Q4 earnings.
Risk Analysis
Key Risks
- Volatile raw material prices
- Currency fluctuations
- Fertiliser industry supply disruptions
- Margin pressure in weak quarters
Worst Case Scenario
- Sustained raw material inflation and weaker demand could pressure margins and profitability.
Risk Level: Medium
Company Commentary
- Management highlighted strong farmer engagement and market expansion.
- Crop Protection business delivered healthy growth and profitability.
- Retail network expansion continues across India.
- Management remains optimistic on future growth initiatives.
Official Exchange Filing: Coromandel International Limited