Is Coromandel Engineering Company Ltd (COROENGG) a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Coromandel Engineering Company Ltd is a below average quality company .

Is Coromandel Engineering Company Ltd (COROENGG) undervalued or overvalued?

The key valuation ratios of Coromandel Engineering Company Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone .

What is Coromandel Engineering Company Ltd (COROENGG) share price return in the past 10 years?

Coromandel Engineering Company Ltd share price has appreciated 4.6% annually (CAGR) over the past ten years.

Is Coromandel Engineering Company Ltd (COROENGG) a good buy now?

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

What is the share price of Coromandel Engineering Company Ltd (COROENGG)?

Company share prices are keep on changing according to the market conditions. The current trading price of Coromandel Engineering Company Ltd (COROENGG) on 24-Apr-2026 16:59:59 at 16:59 is 88.20.

What is the market cap of Coromandel Engineering Company Ltd (COROENGG)?

Market capitalization is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 24-Apr-2026 at 16:59, the market cap of Coromandel Engineering Company stood at Rs. 307.67 Cr.

What is the P/E ratio of Coromandel Engineering Company?

The latest standalone P/E ratio of Coromandel Engineering Company as of 24-Apr-2026 is 143.64.

What is the P/B ratio of Coromandel Engineering Company Ltd (COROENGG)?

The latest standalone P/B ratio of Coromandel Engineering Company Ltd (COROENGG) as of 24-Apr-2026 is 31.25.

What is the 52-week high and low of Coromandel Engineering Company Ltd (COROENGG)?

The 52-week high of Coromandel Engineering Company Ltd (COROENGG) is Rs. 114.93 and the 52-week low is Rs. 49.01.

What is the TTM revenue of Coromandel Engineering Company Ltd (COROENGG)?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Coromandel Engineering Company is Rs. 35.26 (Cr.).

Coromandel Engineering Company Ltd (COROENGG) Share Analysis – Order Book, Quality & Valuation Zone & DeciZen Rating

Name: Coromandel Engineering Company Ltd (COROENGG)
Brand: Coromandel Engineering Company

10 Year X-Ray :

Analysis of Financial Track Record

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'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
ROCE % ⓘ	9.9%	-6.2%	-10.3%	-7.4%	1%	-1.5%	-2.4%	1.2%	-2.3%	9.1%	-
Value Creation Index ⓘ	-0.3	-1.5	-1.7	-1.5	-0.9	NA	NA	NA	-1.2	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	122	31.3	32.5	45.7	57.7	109	133	127	96.6	31.3	35
Sales YoY Gr.	-	-74.4%	3.7%	40.7%	26.1%	88.2%	22.6%	-4.9%	-23.6%	-67.6%	-
Adj EPS ⓘ	0.1	-2.4	-3.8	-3.6	-1.9	-3	-2.8	-1.8	-1.4	0.1	0.6
YoY Gr.	-	-3500%	NA	NA	NA	NA	NA	NA	NA	NA	-
BVPS (₹) ⓘ	11.3	8.8	5	1.4	0	-2.4	-4.8	-6.2	1.1	1.2	2.8
Adj Net Profit ⓘ	0.2	-7.9	-12.5	-11.9	-6.2	-10.1	-9.4	-5.9	-4.6	0.4	2
Cash Flow from Ops. ⓘ	19.3	-1.1	-19.9	3.8	-1.5	10.8	19.7	-7.1	10.7	-1.6	-
Debt/CF from Ops. ⓘ	1.3	-27.1	-2.6	14.1	-25.1	2.9	0.7	-3.4	1.6	-13.9	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	-14.1%	-11.5%	-38.3%	-67.6%
Adj EPS ⓘ	6.2%	NA	NA	NA
BVPSⓘ	-22.3%	125.7%	NA	11.4%
Share Price	4.6%	29%	44.9%	76.5%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25	TTM
Return on Equity % ⓘ	0.5	-19.6	-41.8	-67.1	-30.8	-41.2	-56.9	-58.2	-80.1	8.5	30.6
Op. Profit Mgn % ⓘ	9.6	-3.3	-13.8	-5.3	-2.4	-1	-0.2	0.4	0.8	10.2	21
Net Profit Mgn % ⓘ	0.2	-25.2	-38.5	-26	-10.7	-9.3	-7	-4.7	-4.7	1.3	6
Debt to Equity ⓘ	0.6	0.8	2.2	4.6	1.4	1.5	1.2	3.1	4.8	5.8	-
Working Cap Days ⓘ	337	703	692	537	430	232	166	165	233	728	460
Cash Conv. Cycle ⓘ	143	217	421	326	237	111	57	45	19	-73	22

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 30.60%

Sales growth has been subdued in last 3 years -38.27%

Net Profit has been subdued in last 3 years 0.00%

Debt to equity has increased versus last 3 years average to 5.81

Sales growth is not so good in last 4 quarters at -7.55%

	Standalone	Consolidated
TTM EPS (₹)	0.6	-
TTM Sales (₹ Cr.)	35.3	-
BVPS (₹) ⓘ	2.8	-
Reserves (₹ Cr.) ⓘ	-25	-
P/BV ⓘ	31.25	-
PE ⓘ	143.64	-

From the Market
52 Week Low / High (₹)	49.01 / 114.93
All Time Low / High (₹)	11.50 / 114.93
Market Cap (₹ Cr.)	308
Equity (₹ Cr.)	34.9
Face Value (₹)	10
Industry PE ⓘ	30.4

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Sales	122	31	33	46	58	109	133	127	97	31
Operating Expenses ⓘ +	110	32	37	48	59	110	133	126	96	28
Manufacturing Costs	21	14	16	15	27	54	65	60	41	9
Material Costs	73	9	13	24	24	45	55	51	40	7
Employee Cost	9	5	4	6	6	7	8	10	10	7
Other Costs ⓘ	8	4	3	4	3	3	4	5	5	4
Operating Profit ⓘ	12	-1	-5	-2	-1	-1	-0	1	1	3
Operating Profit Margin (%)	9.6%	-3.3%	-13.9%	-5.2%	-2.4%	-1.0%	-0.2%	0.4%	0.8%	10.2%
Other Income ⓘ +	2	1	1	1	3	0	0	0	0	0
Exceptional Items ⓘ	0	0	0	0	2	3	2	2	0	0
Interest ⓘ	8	4	4	6	7	6	5	4	3	3
Depreciation ⓘ	4	4	4	4	3	3	3	2	2	1
Profit Before Tax ⓘ	1	-8	-11	-12	-6	-7	-6	-4	-4	-1
Tax ⓘ	0	-0	2	0	-1	1	2	1	1	-1
Profit After Tax	0	-8	-13	-12	-5	-8	-8	-5	-4	0
PAT Margin (%)	0.3%	-24.5%	-38.6%	-26.0%	-8.2%	-7.3%	-6.0%	-3.6%	-4.6%	1.3%
Adjusted EPS (₹)	0.1	-2.3	-3.8	-3.6	-1.4	-2.4	-2.4	-1.4	-1.3	0.1
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Equity and Liabilities
Shareholders Fund +	44	36	24	12	28	20	12	8	3	6
Share Capital ⓘ	40	40	40	40	62	62	62	62	33	33
Reserves ⓘ	4	-4	-17	-28	-33	-41	-49	-54	-30	-27
Debt +	25	29	48	50	38	31	14	24	17	23
Long Term Debt	0	0	36	28	17	12	9	10	6	11
Short Term Debt	25	29	12	21	21	19	6	14	10	11
Minority Interest	0	0	0	0	0	0	0	0	0	0
Trade Payables	20	14	8	12	8	15	20	18	34	28
Others Liabilities ⓘ	4	-5	7	5	7	7	13	12	12	8
Total Liabilities ⓘ	94	74	87	78	82	74	60	63	66	65
Fixed Assets
Net Fixed Assets ⓘ +	25	21	17	13	10	7	5	3	2	4
Gross Block	41	41	40	40	40	40	40	41	41	43
Accumulated Depreciation	16	20	23	26	29	32	35	37	39	38
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investments ⓘ	0	0	0	0	0	0	0	0	0	0
Inventories	13	12	44	41	33	22	16	14	13	10
Trade Receivables	25	20	9	9	16	20	22	20	18	24
Cash Equivalents	2	0	0	0	0	0	0	0	0	0
Others Assets ⓘ	30	21	17	15	23	24	17	26	34	27
Total Assets ⓘ	94	74	87	78	82	74	60	63	66	65

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Cash Flow From Operating Activity ⓘ +	19	-1	-20	4	-2	11	20	-7	11	-2
PBT ⓘ	1	-8	-11	-11	-8	-10	-8	-6	-4	-1
Adjustment ⓘ	13	7	7	9	10	9	7	6	5	2
Changes in Working Capital ⓘ	4	-1	-21	6	-3	11	20	-8	11	-3
Tax Paid ⓘ	2	1	5	-0	-0	1	-0	0	-1	0
Cash Flow From Investing Activity ⓘ +	0	0	0	1	2	3	2	1	0	2
Capex	0	0	0	-0	-0	-0	-0	-1	-0	2
Net Investments	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	1	2	3	2	2	0	-0
Cash Flow From Financing Activity ⓘ +	-20	1	20	-4	-1	-14	-21	6	-11	0
Net Proceeds from Shares ⓘ	0	0	0	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	0	0	0	0
Interest Paid ⓘ	-7	-3	-3	-6	-7	-6	-5	-4	-3	-1
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	-13	4	23	2	6	-7	-17	10	-8	1
Net Cash Flow ⓘ	-0	0	-0	0	0	-0	-0	0	0	0

PARTICULARS	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	Mar'25
Ratios
ROE (%)	1.08	-23.03	-54.67	-110.91	-194.19	0	0	0	0	11.27
ROCE (%)	9.94	-6.24	-10.33	-7.35	0.98	-1.48	-2.36	1.23	-2.28	9.08
Asset Turnover Ratio	0.86	0.37	0.4	0.55	0.72	1.39	1.99	2.06	1.5	0.48
PAT to CFO Conversion(x)	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
Working Capital Days
Receivable Days	109	261	166	71	77	61	58	59	71	245
Inventory Days	123	147	314	337	232	92	52	42	50	132
Payable Days	124	673	307	158	154	93	118	138	235	1,519

About Coromandel Engineering Company Ltd

Coromandel Engineering Company was established in the year 1947 and is a part of the Murugappa Group. Coromandel Engineering's first building was the Wellington Nursing Home (Now Sankar Nethralaya housed). The first industrial major project was putting up the factory for Tube Investment and the next plant for Ashok Leyland. Among Coromandel Engineering's subsequent major projects in the first five years were the various factories the Murugappa Group raised in Avadi, Ambattur and Thiruvottiyur apart from several other factories that came up in Chennai as a consequence of post independence industrial boom.

Though Coromandel Engineering's thinking was to concentrate on factory building, the company made a mark for itself when it started work on the British designed United India Building which was completed in 1959 as the nationalized Life Insurance Corporation's southern Head quarters, the tallest building in South till the 1980's ( LIC building of Mount road - 14 Floors). Another landmark building includes Tiam House in First Line Beach (Now Rajaji Salai), Bombay Mutual Building on Esplanade were among the first modern high rise buildings in Madras main business district. Chola Sheraton and Oberoi Group Trident (now the Hilton Group) as well the Karumuttu Centre on Mount Road in Nandanam have been some of Coromandel Engineering's major achievements.

In 1988 it had ventured into the Real Estate development in Chennai and has constructed many premium apartments in Chennai. Coromandel Engineering has not only built commercial building in Chennai, but has also constructed landmark commercial buildings in Bangalore like Unity Building, Hotel Holiday Inn and Windsor Manor which also stands testimony to the company's capabilities. It has also constructed many Industrial Buildings all over India.

Coromandel Engineering has not narrowed its activities in India and has also constructed a seven storied building for Life Insurance Corporation of India at Mauritius in the year 1993.

In 1995 it has entered into an agreement with Butler U.S.A. for putting up of Pre-Engineered Metal Building System and erected two Butler pre-fab building for Ford India. In the recent five years it has constructed many industrial, commercial and institutional buildings and recently came up with 80 units of residential blocks in Avinashi Road, Coimbatore, Tamil Nadu.

Coromandel Engineering is now embarking on the new journey of aggressive growth to further consolidate its business and emerge as one of most respected infrastructure company.

Milestones:

1947 - Incorporation of the Company
1959 - Built 14 storey, LIC Building on Anna Salai, Chennai which is one of the tallest buildings in South India
1975 - Converted into public limited
1987,88 - Ventured into the business of property development
1989 - Amalgamation of Polutech Ltd. with CECL
1989 - Issue of 3,85,295 equity shares of Rs. 10/- each for cash at par on Rights
1992 - Amalgamation of Coromandel Prodorite Private Ltd. with CECL
2006 - Coromandel Holdings and Minerals Limited (â€˜CHMLâ€™) was merged with our Company.

Services:

1. Construction Contract

2. Real Estate Development (Property Development)

Clientele:

India Cements Ltd, AP, TN
Madras Cements, AP
Swarna Cements, AP
KCP-Ramakrishna Cements, AP
Dalmia Cements, Trichy, TN
Dharani Cements, Ariyalur, TN

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Coromandel Engineering Company Ltd (COROENGG) Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating

Coromandel Engg. Co Share Price