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Coromandel Engineering Company Ltd (COROENGG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533167 NSE: COROENGG Engineering - Construction | Small Cap | Coromandel Engg. Co Share Price

₹60.47 -3.01 (-4.74%)

As on 18-Jun'26 16:59

Coromandel Engineering Company Ltd (COROENGG)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 533167 NSE: COROENGG Engineering - Construction | Small Cap | Coromandel Engg. Co Share Price

₹60.47 -3.01 (-4.74%)

As on 18-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹211 Cr.
Current Price
₹60.5
52-Week Low / High
₹53 / 115
TTM EPS
₹0.1
TTM Sales
₹43.1 Cr.
Book Value per Share
₹3.1
P/E Ratio
1248.17
Industry PE
31.5
Price to Book (P/B)
19.78
Higher than its 5-year historical median
Price to Sales (P/S)
4.90
Higher than its 5-year historical median
EV/EBITDA
50.03
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
11.27%
Outperforms industry median
Return on Capital Employed (ROCE)
9.08%
Underperforms industry median
Return on Assets (ROA)
0.63%
Operating Profit Margin
10.2%
Net Profit Margin
1.33%
Gross Profit Margin
0.4%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-67.62%
Operating Profit Growth (1 Year)
-
319.74%
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
70.87%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-24 Cr.
Equity
₹34.9 Cr.
Face Value
₹10
All Time Low / High
₹11.50 / 114.93

Coromandel Engineering Company stock performance

Key Ratios
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Check Before You Invest

Valuation

Fair

Price Trend

Weak
Q.1 Is Coromandel Engineering Company Ltd a good quality company?
Coromandel Engineering Company Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Coromandel Engineering Company Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Coromandel Engineering Company Ltd vs industry peers?
Coromandel Engineering Company Ltd revenue CAGR is -11.51%, compared to the industry median CAGR of 0%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Coromandel Engineering Company Ltd?
Promoters hold 70.87% of the Coromandel Engineering Company Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Coromandel Engineering Company Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.9% based on the current price.

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)

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 Engineering Company Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 9.9%-6.2%-10.3%-7.4%1%-1.5%-2.4%1.2%-2.3%9.1%-
Value Creation
Index
-0.3-1.5-1.7-1.5-0.9NANANA-1.2-0.4-

Growth Parameters

Sales 12231.332.545.757.710913312796.631.343
Sales YoY Gr.--74.4%3.7%40.7%26.1%88.2%22.6%-4.9%-23.6%-67.6%-
Adj EPS 0.1-2.4-3.8-3.6-1.9-3-2.8-1.8-1.40.10.1
YoY Gr.--3500%NANANANANANANANA-
BVPS (₹) 11.38.851.40-2.4-4.8-6.21.11.23.1
Adj Net
Profit
0.2-7.9-12.5-11.9-6.2-10.1-9.4-5.9-4.60.40
Cash Flow from Ops. 19.3-1.1-19.93.8-1.510.819.7-7.110.7-1.6-
Debt/CF from Ops. 1.3-27.1-2.614.1-25.12.90.7-3.41.6-13.9-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -14.1%-11.5%-38.3%-67.6%
Adj EPS 6.2%NANANA
BVPS-22.3%125.7%NA11.4%
Share Price 1.4% 13% 14.8% 6.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
0.5-19.6-41.8-67.1-30.8-41.2-56.9-58.2-80.18.52.4
Op. Profit
Mgn %
9.6-3.3-13.8-5.3-2.4-1-0.20.40.810.210.3
Net Profit
Mgn %
0.2-25.2-38.5-26-10.7-9.3-7-4.7-4.71.30.4
Debt to
Equity
0.60.82.24.61.41.51.23.14.85.80.7
Working Cap
Days
337703692537430232166165233728397
Cash Conv.
Cycle
143217421326237111574519-7333

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales122313346581091331279731
Operating Expenses + 110323748591101331269628
Manufacturing Costs2114161527546560419
Material Costs739132424455551407
Employee Cost 954667810107
Other Costs 8434334554
Operating Profit 12-1-5-2-1-1-0113
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 + 2111300000
Exceptional Items 0000232200
Interest 8446765433
Depreciation 4444333221
Profit Before Tax 1-8-11-12-6-7-6-4-4-1
Tax 0-020-11211-1
Profit After Tax 0-8-13-12-5-8-8-5-40
PAT Margin (%) 0.3%-24.5%-38.6%-26.0%-8.2%-7.3%-6.0%-3.6%-4.6%1.3%
Adjusted EPS (₹)0.1-2.3-3.8-3.6-1.4-2.4-2.4-1.4-1.30.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Coromandel Engg. Co - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 44362412282012836
Share Capital 40404040626262623333
Reserves 4-4-17-28-33-41-49-54-30-27
Debt +25294850383114241723
Long Term Debt0036281712910611
Short Term Debt2529122121196141011
Minority Interest0000000000
Trade Payables201481281520183428
Others Liabilities 4-575771312128
Total Liabilities 94748778827460636665

Fixed Assets

Net Fixed Assets +252117131075324
Gross Block41414040404040414143
Accumulated Depreciation16202326293235373938
CWIP 0000000000
Investments 0000000000
Inventories13124441332216141310
Trade Receivables252099162022201824
Cash Equivalents 2000000000
Others Assets 30211715232417263427
Total Assets 94748778827460636665

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 19-1-204-21120-711-2
PBT 1-8-11-11-8-10-8-6-4-1
Adjustment 137791097652
Changes in Working Capital 4-1-216-31120-811-3
Tax Paid 215-0-01-00-10
Cash Flow From Investing Activity + 0001232102
Capex 000-0-0-0-0-1-02
Net Investments 0000000000
Others 000123220-0
Cash Flow From Financing Activity + -20120-4-1-14-216-110
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -7-3-3-6-7-6-5-4-3-1
Dividend Paid 0000000000
Others -1342326-7-1710-81
Net Cash Flow -00-000-0-0000

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.08-23.03-54.67-110.91-194.19000011.27
ROCE (%)9.94-6.24-10.33-7.350.98-1.48-2.361.23-2.289.08
Asset Turnover Ratio0.860.370.40.550.721.391.992.061.50.48
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days108.60261.10165.9071.3077.2061.2057.7059.3070.80245.20
Inventory Days122.50146.80314.40337232.3091.7051.6042.4049.50132.40
Payable Days124.10672.50307158.30154.2092.60117.60137.80235.301,518.90

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Coromandel Engineering Company Ltd FAQs

The current trading price of Coromandel Engg. Co on 18-Jun-2026 16:59 is ₹60.47.

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 17-Jun-2026 the market cap of Coromandel Engg. Co stood at ₹210.9 Cr

The latest P/E ratio of Coromandel Engg. Co as of 17-Jun-2026 is 1,248.2.

The latest P/B ratio of Coromandel Engg. Co as of 17-Jun-2026 is 19.78.

The 52-week high of Coromandel Engg. Co is ₹114.9 and the 52-week low is ₹52.66.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Coromandel Engg. Co is ₹43.09 ( Cr.) .

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

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

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.

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 (‘CHML’) 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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