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:
Revenue projections for COROMANDEL With Coromandel International Limited's revenues expected to fall below the previous year's, investors are likely to approach the stock with caution. Declining revenues can negatively affect profitability, which makes it harder for the company to maintain investor confidence and perform well in the market.
Financial Ratios:
currentRatio
1.526000
forwardPE
23.038506
debtToEquity
11.599000
earningsGrowth
0.212000
revenueGrowth
0.299000
grossMargins
0.247530
operatingMargins
0.108220
trailingEps
81.370000
forwardEps
97.571430
COROMANDEL's current ratio is 1.526, showing the company's capacity to service its short-term debt through its cash reserves and current assets. This is a positive indicator of liquidity, suggesting COROMANDEL has no trouble covering its short-term financial obligations. 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 International Limited's low Debt-to-Equity ratio means it is not excessively reliant on debt financing. This low leverage suggests lower financial risk and stronger equity control, positioning the company in a more stable financial situation and reducing vulnerability to debt-related issues. COROMANDEL's positive earnings and revenue growth signal the company's business is on track for further expansion. These strong financial trends suggest that COROMANDEL will continue to grow its operations, driven by increasing profits and revenue. COROMANDEL's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that COROMANDEL is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
Price projections for COROMANDEL Coromandel International Limited's price has continuously remained near the lower end of analysts' projections, indicating that it may be facing challenges in meeting market expectations. This trend raises concerns about the company's future growth trajectory.
Insider Transactions:
Insider Transactions for COROMANDEL
COROMANDEL saw 1 transactions to buy shares, with a market price of 2168.800048828125.During the period under review, no buy transactions were recorded.Increased sells at COROMANDEL's current price levels point to a possible decline. If this trend of selling continues, it may signal that the stock's price will face further downward pressure, reflecting investor concerns.
Recommendation changes over time:
Recommendations trend for COROMANDEL
Recent analysis shows a strong buy bias for Coromandel International Limited, encouraging investors to view it as a solid investment option. The positive sentiment surrounding Coromandel International Limited suggests it could be an attractive place to allocate funds, motivating potential investors to consider the stock as a valuable part of their portfolio.
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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