Is Coromandel International a good quality company?

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

Is Coromandel International 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 Undervalued zone .

What is Coromandel International share price return in the past 10 years ?

Coromandel International Ltd share price has appreciated 17.3% annually (CAGR) over the past ten years.

Is Coromandel International a good buy now?

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

Coromandel International Ltd Stock Analysis

Item: Coromandel International Ltd
Rating: 5
Author: MoneyWorks4me Rating

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

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BSE Share Price 02-Jun-2023 18:01
953.90 6.90 (0.73%)

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

Standalone Basis ^P Consolidated Basis ^P

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

Value Creation ⓘ Value Creation Index Colour Code Guide ⓘ
	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	TTM
ROCE % ⓘ	13.7%	15.2%	15.7%	13.1%	13.5%	15.9%	17.1%	21.5%	26%	28.3%	-
Value Creation Index ⓘ	0.0	0.1	0.2	-0.0	-0	0.2	0.3	0.6	1.3	1.5	-

Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	9,034	10,053	11,306	11,481	10,031	11,083	13,225	13,137	14,182	19,111	29,628
YoY Gr. Rt. %	-	11.3%	12.5%	1.6%	-12.6%	10.5%	19.3%	-0.7%	8%	34.8%	-
Adj EPS ⓘ	20.4	19.3	18.2	16.8	18.8	24.9	28.9	39.4	46.6	53.7	68.5
YoY Gr. Rt. %	-	-5.3%	-6%	-7.7%	11.8%	33%	16%	36.3%	18.3%	15.3%	-
BVPS (₹) ⓘ	77.6	80.5	75.6	90.4	99	98.7	114.3	146.9	175.2	216.2	269
Adj Net Profit ⓘ	577	547	529	488	547	729	846	1,154	1,367	1,577	2,013
Cash Flow from Ops. ⓘ	985	1,461	86.1	18.4	915	263	526	1,862	4,150	2,078	-
Debt/CF from Ops. ⓘ	3	1.3	26.6	145.6	2.4	10.4	5.6	0.9	0	0	-

CAGR ⓘ CAGR Colour Code Guide ⓘ
	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	8.7%	13.8%	13.1%	34.8%
Adj EPS ⓘ	11.4%	23.4%	22.9%	15.3%
BVPS ⓘ	12.1	16.9	23.7	23.4
Share Price	17.3%	17.2%	12.9%	1%

Key Financial Parameters ⓘ Performance Ratio Colour Code Guide ⓘ
	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	TTM
Return on Equity % ⓘ	25.1	24.4	23.6	20.2	19.8	25.2	27	30.1	28.9	27.4	28.2
Op. Profit Mgn % ⓘ	10.8	10.6	9.1	8.5	10.8	11.8	12.1	14.2	14.4	11.6	9.9
Net Profit Mgn % ⓘ	6.4	5.5	4.7	4.3	5.5	6.6	6.4	8.8	9.6	8.3	6.8
Debt to Equity ⓘ	1.3	0.8	1	1	0.8	1	0.9	0.4	0	0	0
Working Cap Days ⓘ	208	186	179	210	249	237	226	229	175	123	168
Cash Conv. Cycle ⓘ	70	67	62	78	87	76	87	67	25	25	72

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 13.06%

Net Profit is growing at healthy rate in last 3 years 22.94%

Sales growth is good in last 4 quarters at 53.56%

Return on Equity has declined versus last 3 years average to 28.20%

Latest Financials - Coromandel International Ltd.

	Standalone	Consolidated
TTM EPS (₹)	69.2	68.5
TTM Sales (₹ Cr.)	29,610	29,628
BVPS (₹.) ⓘ	267.6	269
Reserves (₹ Cr.) ⓘ	7,839	7,878
P/BV ⓘ	3.56	3.56
PE ⓘ	13.78	13.99

From the Market
52 Week Low / High (₹)	838.95 / 1094.40
All Time Low / High (₹)	1.60 / 1094.40
Market Cap (₹ Cr.)	28,046
Equity (₹ Cr.)	29.4
Face Value (₹)	1
Industry PE ⓘ	10.4

Management X-Ray of Coromandel Interntl. :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.01

0.04

0.01

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

Valuation of Coromandel Interntl.

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Coromandel Interntl.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

News

Coromandel International Ltd FAQs

What is the share price of Coromandel Interntl. ?

Company share prices are keep on changing according to the market conditions. The closing price of Coromandel Interntl. on 02-Jun-2023 18:01 is : 953.9.

What is the market cap of Coromandel Interntl. ?

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 02-Jun-2023 18:01 the market cap of Coromandel Interntl. stood at ₹ 28,046.

What is the PE ratio of Coromandel Interntl. ?

The latest PE ratio of Coromandel Interntl. as of 02-Jun-2023 18:01 is 13.78.

What is the PB ratio of Coromandel Interntl.?

The latest PB ratio of Coromandel Interntl. as of 02-Jun-2023 18:01 is 3.56

What is the 52-week high and low of Coromandel Interntl. ?

The 52-week high of Coromandel Interntl. is ₹ 1,094.4 and the 52-week low is ₹ 839.0.

What is the TTM revenue of Coromandel Interntl. ?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Coromandel Interntl. is ₹ 29,610 ( 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.