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Coromandel International Ltd Stock Analysis

Large Cap
Evaluated by 3061 users | BSE: 506395 | NSE: COROMANDEL |
Fertilizers

Coromandel International Limited is a limited company incorporated in India, equity shares of which are listed on the Bombay Stock Exchange and the National Stock Exchange in India. Its parent Company is E.I.D.-Parry (India) Limited. The Company is engaged in...

1. Right Stock
Very Good
2. Right Price
3. Right Time

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Coromandel International Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good
Value Creation
Value Creation Index Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Capital Employed 23.28%20.2%13.66%15.23%15.65%13.12%13.49%20.07%17.11%21.53%
Value Creation Index 0.670.45-0.020.100.13-0.06-0.030.440.230.55
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 7,6399,9029,03410,05311,30611,48110,03111,08313,22513,137
Y-o-Y Gr. Rt.-29.6%-8.8%11.3%12.5%1.6%-12.6%10.5%19.3%-0.7%
Adjusted EPS (Rs.) 26.9928.6220.419.3318.1716.7718.7532.6128.9139.4
Y-o-Y Gr. Rt.-6%-28.7%-5.3%-6%-7.7%11.8%73.9%-11.4%36.3%
Book Value per Share (Rs.) 69.4484.9477.5980.5475.5990.499.0298.74114.32146.94
Adjusted Net Profit 7618095775475294885479538461,154
Net Op. Cash Flow (Rs. Cr.) 796949851,46186.118.49152635261,862
Debt to Cash Flow from Ops 1.9631.312.991.2626.57145.632.4310.365.610.87
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Coromandel International Ltd. should be analysed on a Consolidated basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 6.2%3.1%9.4%-0.7%
Adjusted EPS 4.3%16.7%28.1%36.3%
Book Value per Share 8.714.214.128.5
Share Price 11.7% 35.1% 11.3% 26.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Return on Equity (%) 43.9837.1225.1224.4423.6120.219.832.9527.0430.08
Operating Profit Margin (%) 15.0712.7410.810.599.128.5310.8214.7212.0814.15
Net Profit Margin (%) 9.968.126.415.534.684.275.468.616.398.78
Debt to Equity 0.81.231.340.811.041.020.770.950.880.38
Working Capital Days 139152208186179210249237226229
Cash Conversion Cycle 4267067627887768767
Corporate Governance What do we look at?
Corporate Governance
Board Credentials
Promoter's holding
Transparency
Integrity
Entity Percentage Holding
Promoters 57.58%
Institutions 26.19%
Non-Institutions 16.23%
Pledged *0.010.010.010.010.010.010.010.010.010.01
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of Coromandel International Ltd and arrived at the following conclusion:

Past 10 year's financial track record indicates that Coromandel International Ltd is a good quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of Coromandel International Ltd's performance infers:

Coromandel International Ltd earnings have grown by 16.7%, whereas share price has appreciated 35.1% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Coromandel International Ltd share prices over the last 10 years. Here is what we found out:

Coromandel International Ltd share price has appreciated 11.2% annually over the past ten years.

Coromandel International Limited is a limited company incorporated in India, equity shares of which are listed on the Bombay Stock Exchange and the National Stock Exchange in India. Its parent Company is E.I.D.-Parry (India) Limited. The Company is engaged in the business of farm inputs comprising fertiliser, crop protection, specialty nutrients and organic compost.

Business area of the

Coromandel International Limited is a limited company incorporated in India, equity shares of which are listed on the Bombay Stock Exchange and the National Stock Exchange in India. Its parent Company is E.I.D.-Parry (India) Limited. The Company is engaged in the business of farm inputs comprising fertiliser, crop protection, specialty nutrients and organic compost.

Business area of the company

The Company, India’s second largest Phosphatic fertilizer player, is in the business segments of Fertilizers, Specialty Nutrients, Crop Protection and Retail. In its endeavor to be a complete plant nutrition solutions Company, Coromandel has also introduced a range of Specialty Nutrient products including Organic Fertilizers. The Crop Protection business produces insecticides, fungicides and herbicides and markets these products in India and across the globe. Coromandel is the second largest manufacturer of Malathion and only the second manufacturer of Phenthoate.

Products & Services

  • Fertilisers
  • Crop Protection
  • Speciality Nutrients

Awards and Recognitions

2008-09

  • Certificate of Merit for the Kakinada Plant at the National Energy Conservation Awards, 2008 in Fertiliser Sector.
  • Fertiliser Association of India Award for Best Video Film on Gromor NPK 19:19:19 Water Soluble Fertilisers.
  • Visak, Kakinada and Ennore Plants received the commendation from CII for its strong commitment to excel in the CII-Exim Bank Business Excellence Award.

2009-10

  • Fertiliser Association of India Award for Best Production performance for Complex Fertilisers received by Kakinada Plant
  • Fertiliser Association of India - Environment Protection Award for Complex Plant at Visak
  • Visak and Kakinada Plants received the commendation from CII for its strong commitment to excel in the CII-Exim Bank Business Excellence Award

2010-11

  • Fertiliser Association of India Award for Best Operating Phosphoric Acid Plant received by Visak Plant
  • CII's National Award for excellence in Water Management was received by Visak Plant
  • Significant Achievement in HR Excellence at a National level by the Confederation of Indian Industries (CII).

2011-12

  • Company was awarded Significant Achievement in the CII-EXIM Bank Business Excellence Award - 2011.
  • Company was awarded Business Excellence Award by 'Industrial Economist' a business magazine.
  • Kakinada Plant received FAI Award for best overall performance of an operating fertiliser unit for complex fertilisers
  • Visakhapatnam Plant received the CII's National Water Management Award for Water Efficient Unit

2012-13

  • Company was awarded Significant Achievement in the CII-EXIM Bank Business Excellence Award 2012 and Significant Achievement in HR Excellence Award 2012.
  • Company received Institute of Directors Golden Peacock National Training Award for the year 2013.
  • Company was awarded 'Retail Marketing Campaign of the Year award' under Awards for Retail Excellence presented by ET Now.

2013-14

  • ‘India’s Best Board - 2013’ Award, instituted by Economic Times and Hay Group.
  • Dun & Bradstreet Corporate Awards 2012 - Top Indian company under the sector - fertilisers.
  • FAI Award on application of Information and Communication Technology (ICT) in Agriculture -2013’. The award was given in recognition of the pioneering efforts involving ICT in agriculture initiated by the retail division while discharging farmer extension services.
  • First prize in State Energy Conservation from the Government of Andhra Pradesh for commendable efforts towards significant improvement in conservation of energy.

2014-15

  • ‘Agriculture Leadership Awards 2014’ for empowering farms and farmers with agriculture inputs products and farm services.
  • CMO Asia Retail Excellence Award 2014 for Customer Loyalty Program initiative.
  • CII-ITC Sustainability Awards 2014 - Commendation for Significant Achievement in Environment Management - by the Ennore Plant.
  • India Manufacturing Excellence Award (IMEA) for Workplace Safety Management in Innovative category by Frost & Sullivan at Mumbai, for the Ennore Plant.

2015-16

  • CMO Asia Retail Excellence Awards - Retailer of the year (Rural Impact & CSR) and Retail Marketing Campaign of the Year (Organizational).
  • Commendation Award for the Kakinada Plant from Bureau of Energy Efficiency.
  • Best Performance for operating Phos Acid plant Award for the Vizag Plant from FAI.
  • Best Plant Award for Vizag Unit - Energy Efficient Unit Award from CII.

2016-17

  • ‘Best Management Award’ from Labour department, Andhra Pradesh Government for Vizag and Kakinada Plants
  • ‘Sustainable Waste & Resource Management’ award during India Sustainability Leadership Summit 2016
  • ‘CII Energy Efficient Unit Award 2016’ conferred for 3rd consecutive year to Vizag Unit
  • Recognition by United Nations Development Programme (UNDP): Documentary film, ‘Turning a factory into Bird Sanctuary’ covering Kakinada plant shot with the help of EGREE and put on UNDP website
  • ‘Community Development Award’ by World CSR Day

2017-18

  • Coromandel Kakinada & Visakhapatnam Units Bagged ‘Best Management Award’ in recognition of harmonious Industrial Relations, Industrial Productivity and commendable contribution for the welfare of workers, from Labour Department, Govt of AP
  • Coromandel Ennore and Visakhapatnam sites won 4 STAR award from CII – Southern region for its ‘EHS Excellence 2017’
  • Coromandel Visakhapatnam has won ‘Environment Protection award for Complex Fertiliser Plant with Captive acids’ from Fertiliser Association of India during the year
  • National CSR Awards from ‘Public Relations Society of India (PRSI)’ in the category of Best CSR project for Childcare for the intervention in the Pediatric ward in the Government General Hospital in Kakinada
  • ‘ET NOW CSR Leadership Award’ for Best CSR practices

2018-19:

  • FAI Best Operating Phosphoric Acid Plant 2018, awarded for the 5th consecutive time and overall 17 times in the past 24 years.
  • Coromandel Kakinada unit received the ‘National CSR Times Award’ for the ‘Birds Paradise’, under the Green & Environment Stewardship category
  • National & Global Awards for ‘Coffee Table Book: Kakinada Bird Paradise’ from Association of Business Communicators of India (ABCI) and Global Communicator awards, New York.
  • ET Now- CSR Leadership Awards for Best Social Responsibility Practices
  • Coromandel Vizag unit awarded CII Energy Efficient Unit Award 2018 for the 5th consecutive time

2019-20:

  • CII Exim Business Excellence: Platinum Classification
  • Dun & Bradstreet: Corporate Award
  • Award of Excellence for Voice Magazine and CSR Brochure by the Academy of Interactive and Visual Arts, New York
  • CSR Best corporate in health by CSR times
  • CSR Award: CSR Best overall excellence by Zee
  • Vizag and Ennore units have won the CII EHS Excellence Award from Southern Region and have been rated 3 stars.
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323
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