Major Indian manufacturer of phosphatic fertilizers, crop protection chemicals and specialty nutrients, part of the Murugappa Group.
Major Indian manufacturer of phosphatic fertilizers, crop protection chemicals and specialty nutrients, part of the Murugappa Group.
Fertiliser profit combines sales to farmers through dealers and its own Mana Gromor retail centres with government subsidy payments set under India's nutrient-based scheme, so policy and imported raw-material costs, such as phosphoric acid and ammonia, matter. Crop-protection chemicals are the second leg, sold in India and exported.
In one line: India's Mosaic and FMC combined.
Moat: narrow (brand, distribution, scale). An established rural distribution network and manufacturing scale under the trusted Murugappa Group umbrella.
Headquarters: Chennai, India · Founded: 1961 · Employees: 21,464
Size Coromandel International (COROMANDEL.NS) is an India Materials company (Chemicals: Specialty) with a market value of $5.69B, the 195th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹1,824 on 6 Nov 2026.
Performance Over six months the shares fell 7.2%, against -10.1% for the median peer and 0.0% for the India market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 23.5% over the last twelve months (peer median +10.6%); the operating margin is 7.9% (peer median 15.1%).
Valuation It trades at 27.3× forward earnings against a peer median of 22.1× (8th most expensive of 20).
Capital Return on invested capital runs 0.5 points above its cost of capital (14.1% WACC).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹326B | ₹203B | ₹160B | ₹139B | ₹151B |
| Revenue growth | — | +27% | +15% | -8% | — |
| Gross profit | ₹62.5B | -₹56.2B | -₹35.4B | -₹41.3B | -₹98.5B |
| EBITDA | ₹31.9B | -₹76.9B | -₹53.4B | -₹56.7B | -₹114B |
| Net income | ₹18.3B | ₹19.6B | ₹20.7B | ₹16.4B | ₹20.1B |
| Free cash flow | n/a | -₹1.00B | ₹16.6B | ₹8.47B | -₹230M |
| Capital expenditure | n/a | ₹15.4B | ₹8.51B | ₹5.27B | ₹6.05B |
| Total debt | n/a | ₹65.3B | ₹7.80B | ₹4.92B | ₹3.93B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Coromandel International COROMANDEL.NS | $5.69B | -7% | +24% | 8% | 27.3× | n/a |
| Fertilizers & Chemicals Travancore FACT.NS | $5.14B | -18% | +32% | 0% | n/a | n/a |
| Chambal Fertilisers & Chemicals CHAMBLFERT.NS | $1.63B | -15% | +6% | 12% | 7.2× | n/a |
| UPL UPL.NS | $4.78B | -18% | +10% | 14% | 14.8× | 10.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | COROMANDEL.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +4.5% | -3.0% | 8th highest of 21 |
| 6-month return | -7.2% | -10.1% | 9th highest of 21 |
| Distance from 52-week high | -27.0% | -30.2% | 9th highest of 21 |
| Revenue growth (TTM) | +23.5% | +10.6% | 6th highest of 21 |
| Operating margin | 7.9% | 15.1% | 4th lowest of 21 |
| Forward P/E | 27.3× | 22.1× | 8th most expensive of 20 |
| ROIC minus cost of capital | +0.5 pp | -0.1 pp | 10th highest of 21 |
| EV / EBITDA | 16.9× | 12.5× | 5th most expensive of 13 |
| Net debt / EBITDA | 1.3× | 1.2× | 6th most indebted of 13 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Coromandel International COROMANDEL.NS | India | $5.69B | -7% | +24% | 8% | 27.3× | n/a | n/a |
| Zhejiang Longsheng 600352.SS | China | $5.70B | -11% | -1% | 19% | 13.7× | -5.2% | -3.1% |
| Nissan Chemical 4021.T | Japan | $5.72B | 0% | +10% | 23% | 15.9× | 9.3% | +6.0% |
| Canmax Technologies 300390.SZ | China | $5.62B | -64% | +98% | 27% | 7.3× | n/a | n/a |
| Kingboard 0148.HK | Hong Kong | $5.78B | -17% | +19% | 15% | 5.0× | n/a | n/a |
| LB Group Co., Ltd. Class A 002601.SZ | China | $5.58B | -8% | +7% | 7% | 22.4× | 5.0% | +12.9% |
| Inner Mongolia Junzheng Energy & Chemical 601216.SS | China | $5.92B | -16% | +3% | 11% | 12.0× | -3.4% | +11.3% |
| Gujarat Fluorochemicals FLUOROCHEM.NS | India | $5.42B | +23% | +20% | 17% | 53.0× | n/a | n/a |
| Hoshine Silicon Industry 603260.SS | China | $5.32B | -33% | -7% | -6% | 41.7× | 22.5% | +18.5% |
| Shenzhen Capchem Technology 300037.SZ | China | $6.16B | -21% | +72% | 13% | 19.0× | 19.3% | +26.6% |
| Linde India LINDEINDIA.NS | India | $6.20B | -13% | +13% | 22% | 97.2× | 47.9% | +11.5% |
| Methanex MX.TO | Canada | $5.18B | +12% | +31% | 23% | 6.9× | -9.4% | +7.1% |
| Haohua Chemical Science & Technology 600378.SS | China | $6.29B | -9% | +20% | 9% | 22.1× | 11.0% | +25.2% |
| Celanese CE | United States | $5.10B | -19% | +1% | 9% | 7.6× | 5.3% | +11.0% |
| NewMarket NEU | United States | $6.39B | +1% | +1% | 20% | n/a | -0.8% | +6.3% |
| SOL SOL.MI | Italy | $6.39B | +6% | +9% | 14% | 30.5× | 16.9% | +12.8% |
| Sumitomo Chemical 4005.T | Japan | $4.93B | -7% | -2% | 5% | 6.9× | 1.1% | +0.4% |
| Navin Fluorine International NAVINFLUOR.NS | India | $4.89B | +27% | +46% | 30% | 45.6× | 34.0% | +22.7% |
| Dottikon ES DESN.SW | Switzerland | $4.72B | -24% | +11% | 27% | 37.6× | 12.6% | +14.4% |
| Croda International CRDA.L | United Kingdom | $6.88B | +31% | +3% | 16% | 23.3× | 19.9% | +4.1% |
| Red Avenue New Materials 603650.SS | China | $4.70B | -12% | +24% | 9% | 40.7× | n/a | n/a |