Coromandel International Ltd - Stock Valuation and Financial Performance

BSE: 506395 | NSE: COROMANDEL | Fertilizers | Mid Cap

Coromandel International Ltd Share Price

1,078 -23.50 -2.13%
as on 23-Feb'24 16:59

DeciZen - make an informed investing decision on Coromandel Interntl.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Coromandel International stock performance -

mw4me loader
P/E Ratio (CD):
18.42
Market Cap:
31,839.7 Cr.
52-wk low:
842
52-wk high:
1,288

Is Coromandel International Ltd an attractive stock to invest in?

1. Is Coromandel International Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Coromandel International Ltd is a good quality company.

2. Is Coromandel International Ltd undervalued or overvalued?

The key valuation ratios of Coromandel International Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Coromandel International Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Coromandel International Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Coromandel Interntl.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 15.2%15.7%13.1%13.5%15.9%17.1%21.5%26%28.3%31.6%-
Value Creation
Index
0.10.20.0-00.20.30.61.31.51.8-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10,05311,30611,48110,03111,08313,22513,13714,18219,11129,62823,621
Sales YoY Gr.-12.5%1.6%-12.6%10.5%19.3%-0.7%8%34.8%55%-
Adj EPS 19.318.216.818.824.928.939.446.653.772.258.7
YoY Gr.--6%-7.7%11.8%33%16%36.3%18.3%15.3%34.4%-
BVPS (₹) 80.575.690.49998.7114.3146.9175.2216.2268.6315.8
Adj Net
Profit
5475294885477298461,1541,3671,5772,1221,728
Cash Flow from Ops. 1,46186.118.49152635261,8624,1502,078591-
Debt/CF from Ops. 1.326.6145.62.410.45.60.9000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.8%21.7%31.1%55%
Adj EPS 15.8%23.7%22.4%34.4%
BVPS14.3%22.2%22.3%24.2%
Share Price 18.1% 19.6% 12.3% 21.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
24.423.620.219.825.22730.128.927.429.820.1
Op. Profit
Mgn %
10.69.18.510.811.812.114.214.411.610.410.7
Net Profit
Mgn %
5.54.74.35.56.66.48.89.68.37.27.3
Debt to
Equity
0.8110.810.90.4000-
Working Cap
Days
18617921024923722622917512310577
Cash Conv.
Cycle
6762788776876725252737

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 31.14%

Net Profit is growing at healthy rate in last 3 years 22.37%

Return on Equity has declined versus last 3 years average to 20.10%

Sales growth is not so good in last 4 quarters at -9.05%

Latest Financials - Coromandel International Ltd.

Standalone Consolidated
TTM EPS (₹) 60.2 58.7
TTM Sales (₹ Cr.) 23,600 23,621
BVPS (₹.) 313 315.8
Reserves (₹ Cr.) 9,185 9,268
P/BV 3.46 3.42
PE 17.98 18.42
From the Market
52 Week Low / High (₹) 842.00 / 1287.95
All Time Low / High (₹) 1.60 / 1287.95
Market Cap (₹ Cr.) 31,840
Equity (₹ Cr.) 29.4
Face Value (₹) 1
Industry PE 23.1

Management X-Ray of Coromandel Interntl.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.010.040.040.040.040.040.010.010.010.01
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Coromandel Interntl.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Balance Sheet

(All Figures are in Crores.)

Profit And Loss

(All Figures in Cr. Adjusted EPS in Rs.)

Cash Flow

(All Figures are in Crores.)

Coromandel International Ltd Stock News

Coromandel International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Coromandel Interntl. on 23-Feb-2024 16:59 is ₹1,078.
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 23-Feb-2024 16:59 the market cap of Coromandel Interntl. stood at ₹31,839.7.
The latest P/E ratio of Coromandel Interntl. as of 23-Feb-2024 16:59 is 17.98.
The latest P/B ratio of Coromandel Interntl. as of 23-Feb-2024 16:59 is 3.46.
The 52-week high of Coromandel Interntl. is ₹1,288 and the 52-week low is ₹842.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Coromandel Interntl. is ₹23,600 ( Cr.) .

About Coromandel International Ltd

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.
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