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Fundamentals for Coromandel International Limited
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Fundamentals for Coromandel International Limited
Business Operations:
Sector: Basic MaterialsIndustry: Agricultural Inputs
Coromandel International Limited provides agriculture solutions in India and internationally. It operates through Nutrient and Other Allied Business, and Crop Protection segments. The company's crop nutrients comprises fertilizer, which includes complex, urea, potash muriate, Di-ammonium phosphate, and single superphosphate; specialty nutrients, such as crop specific water and generic water soluble grades, Sulphur based fertilizers, and micronutrients; and organic fertilizers. It also offers crop protection products including insecticide, herbicide, fungicide, bio-products, and plant growth regulators. In addition, the company operates through rural retail outlets, which provides soil testing, crop diagnostics, and farm mechanization services across Andhra Pradesh, Telangana, and Karnataka. The company was formerly known as Coromandel Fertilisers Ltd and changed its name to Coromandel International Limited in September 2009. Coromandel International Limited was incorporated in 1961 and is headquartered in Chennai, India. Coromandel International Limited is a subsidiary of E.I.D.-Parry (India) Limited.
Revenue projections:
COROMANDEL is projected to see a decline in revenue compared to last year, which could lead to investor caution. A drop in earnings is often viewed as a negative signal for profitability, making it more difficult for the company to maintain investor confidence in its financial health.
Financial Ratios:
| currentRatio | 0.000000 |
|---|---|
| forwardPE | 24.086119 |
| debtToEquity | 11.599000 |
| earningsGrowth | -0.013000 |
| revenueGrowth | 0.266000 |
| grossMargins | 0.245500 |
| operatingMargins | 0.074390 |
| trailingEps | 81.210000 |
| forwardEps | 94.444440 |
COROMANDEL's Forward PE is in a favorable range, meaning its stock price compares well with its earnings and isn't overpriced. This leaves room for growth, making it a compelling opportunity for investors looking to benefit from potential future gains.
COROMANDEL's low Debt-to-Equity ratio reflects that the company isn't heavily reliant on debt, reducing financial risk. This conservative approach suggests COROMANDEL maintains a stable financial foundation, with greater flexibility to manage future growth or challenges without over-leverage concerns.
COROMANDEL's forward EPS exceeding its trailing EPS means that the company is expected to increase profitability in the current financial year. This reflects improved earnings potential, signaling that COROMANDEL is likely to outperform its previous year's financial performance.
Price projections:
The price of COROMANDEL has remained consistently close to the lower limit of projections. This ongoing pattern raises concerns about the stock's performance and may reflect market hesitance regarding the company's growth prospects.
Insider Transactions:
There were 1 purchases of COROMANDEL stock, with market price of 2168.800048828125.No buy transactions were completed during the period under review.COROMANDEL's current price levels are marked by increased selling, which could indicate further price drops. If this selling trend persists, the stock may continue to decline as investor confidence weakens.
Recommendation changes over time:
Analysts have shown a buy bias for Coromandel International Limited, signaling it as a strong investment choice. This positive outlook could motivate investors to allocate funds to Coromandel International Limited, seeing it as a reliable and potentially profitable option, especially in an environment where the stock market is highly scrutinized.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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