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Fundamentals for Coromandel International Limited
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Fundamentals for Coromandel International Limited
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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:
The projected decline in COROMANDEL's revenues compared to last year is expected to make investors cautious. A drop in revenue often has a direct negative effect on the company's bottom line, signaling potential challenges that could undermine investor confidence and reduce overall profitability.
Financial Ratios:
| currentRatio | 1.514000 |
|---|---|
| forwardPE | 18.431139 |
| debtToEquity | 11.469000 |
| earningsGrowth | -0.758000 |
| revenueGrowth | 0.204000 |
| grossMargins | 0.248110 |
| operatingMargins | 0.053810 |
| trailingEps | 66.290000 |
| forwardEps | 100.200000 |
COROMANDEL's current ratio of 1.514 reflects its strong liquidity position. The company has enough cash reserves and current assets to service its short-term debt obligations, signaling that COROMANDEL is financially well-prepared to meet its liabilities without difficulty.
COROMANDEL's Forward PE is at a healthy level, indicating that the stock price is well-positioned relative to its earnings. With the stock not being overvalued, there remains room for future growth, suggesting a balanced opportunity for investors seeking potential upside.
Coromandel International Limited's Debt-to-Equity ratio is low, indicating the company is not over-leveraged. This suggests a prudent approach to financing, with minimal dependence on debt, reducing the financial risk associated with high leverage, and signaling a stable financial outlook.
COROMANDEL's low growth in earnings and revenue indicates a potential decline in profits. This suggests that the company could be facing financial challenges, making it harder to sustain its current profit margins.
COROMANDEL's negative gross and operating margins indicate that the company is unprofitable, struggling to cover its production and operational costs. This reflects potential weaknesses in cost management or declining sales performance.
COROMANDEL's forward EPS being higher than its trailing EPS points to expected growth in profitability. This suggests that the company is projected to perform better in the current financial year, with higher earnings forecasted compared to the previous year.
Price projections:
COROMANDEL's present price, in relation to its projections, shows no obvious risks or opportunities. This neutral outlook suggests stability, where investors might consider waiting for more decisive signals before making any significant moves.
Insider Transactions:
COROMANDEL had 1 buy transactions while market price was at 2168.800048828125 per share.During the period under consideration, there were no buy transactions.The increased selling activity around Coromandel International Limited's current price levels may indicate further downside risk. If this trend continues, the stock's price could face additional declines as selling pressure intensifies.
Recommendation changes over time:
The recent buy bias from analysts suggests COROMANDEL is seen as a strong investment, encouraging more investors to consider it. With this favorable sentiment, COROMANDEL appears to be a reliable option for parking money, offering stability and long-term growth potential in the stock market.
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