Coromandel International
Market Cap
₹232.3b
Last Updated
2020/12/04 12:09 UTC
Data Sources
Company Financials +
Executive Summary
Coromandel International Limited manufactures and sells farm inputs in India. More Details
Rewards
Risk Analysis
Snowflake Analysis
Outstanding track record with flawless balance sheet and pays a dividend.
Similar Companies
Share Price & News
How has Coromandel International's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: COROMANDEL is not significantly more volatile than the rest of Indian stocks over the past 3 months, typically moving +/- 5% a week.
Volatility Over Time: COROMANDEL's weekly volatility (5%) has been stable over the past year.
Market Performance
7 Day Return
-4.4%
COROMANDEL
5.9%
IN Chemicals
2.8%
IN Market
1 Year Return
59.5%
COROMANDEL
31.8%
IN Chemicals
11.8%
IN Market
Return vs Industry: COROMANDEL exceeded the Indian Chemicals industry which returned 31.8% over the past year.
Return vs Market: COROMANDEL exceeded the Indian Market which returned 11.8% over the past year.
Shareholder returns
| COROMANDEL | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.4% | 5.9% | 2.8% |
| 30 Day | 6.3% | 10.9% | 12.9% |
| 90 Day | 6.4% | 15.0% | 15.3% |
| 1 Year | 62.1%59.5% | 35.0%31.8% | 13.8%11.8% |
| 3 Year | 60.0%52.8% | 48.6%41.3% | 10.8%5.4% |
| 5 Year | 365.7%331.9% | 168.1%149.5% | 63.0%50.8% |
Long-Term Price Volatility Vs. Market
How volatile is Coromandel International's share price compared to the market and industry in the last 5 years?
Simply Wall St News
Valuation
Is Coromandel International undervalued compared to its fair value and its price relative to the market?
17.33x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COROMANDEL (₹791.5) is trading above our estimate of fair value (₹218.7)
Significantly Below Fair Value: COROMANDEL is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: COROMANDEL is poor value based on its PE Ratio (17.3x) compared to the IN Chemicals industry average (17.1x).
PE vs Market: COROMANDEL is good value based on its PE Ratio (17.3x) compared to the Indian market (17.5x).
Price to Earnings Growth Ratio
PEG Ratio: COROMANDEL is poor value based on its PEG Ratio (2.7x)
Price to Book Ratio
PB vs Industry: COROMANDEL is overvalued based on its PB Ratio (4.8x) compared to the IN Chemicals industry average (1.2x).
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Future Growth
How is Coromandel International forecast to perform in the next 1 to 3 years based on estimates from 11 analysts?
6.5%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COROMANDEL's forecast earnings growth (6.5% per year) is below the savings rate (7.2%).
Earnings vs Market: COROMANDEL's earnings (6.5% per year) are forecast to grow slower than the Indian market (24.4% per year).
High Growth Earnings: COROMANDEL's earnings are forecast to grow, but not significantly.
Revenue vs Market: COROMANDEL's revenue (7.9% per year) is forecast to grow slower than the Indian market (11.6% per year).
High Growth Revenue: COROMANDEL's revenue (7.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: COROMANDEL's Return on Equity is forecast to be high in 3 years time (23.9%)
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Past Performance
How has Coromandel International performed over the past 5 years?
25.2%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COROMANDEL has high quality earnings.
Growing Profit Margin: COROMANDEL's current net profit margins (9.6%) are higher than last year (6.6%).
Past Earnings Growth Analysis
Earnings Trend: COROMANDEL's earnings have grown significantly by 25.2% per year over the past 5 years.
Accelerating Growth: COROMANDEL's earnings growth over the past year (60.8%) exceeds its 5-year average (25.2% per year).
Earnings vs Industry: COROMANDEL earnings growth over the past year (60.8%) exceeded the Chemicals industry -2.2%.
Return on Equity
High ROE: COROMANDEL's Return on Equity (27.7%) is considered high.
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Financial Health
How is Coromandel International's financial position?
Financial Position Analysis
Short Term Liabilities: COROMANDEL's short term assets (₹72.0B) exceed its short term liabilities (₹42.3B).
Long Term Liabilities: COROMANDEL's short term assets (₹72.0B) exceed its long term liabilities (₹4.6B).
Debt to Equity History and Analysis
Debt Level: COROMANDEL's debt to equity ratio (3%) is considered satisfactory.
Reducing Debt: COROMANDEL's debt to equity ratio has reduced from 106.6% to 3% over the past 5 years.
Debt Coverage: COROMANDEL's debt is well covered by operating cash flow (1585%).
Interest Coverage: COROMANDEL's interest payments on its debt are well covered by EBIT (18x coverage).
Balance Sheet
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Dividend
What is Coromandel International current dividend yield, its reliability and sustainability?
1.52%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: COROMANDEL's dividend (1.52%) is higher than the bottom 25% of dividend payers in the Indian market (0.51%).
High Dividend: COROMANDEL's dividend (1.52%) is low compared to the top 25% of dividend payers in the Indian market (2.04%).
Stability and Growth of Payments
Stable Dividend: COROMANDEL's dividend payments have been volatile in the past 10 years.
Growing Dividend: COROMANDEL's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (26.3%), COROMANDEL's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COROMANDEL's dividends in 3 years are forecast to be well covered by earnings (24.4% payout ratio).
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Management
How experienced are the management team and are they aligned to shareholders interests?
5.2yrs
Average management tenure
CEO
Sameer Goel (57 yo)
5.17yrs
Tenure
₹49,607,216
Compensation
Mr. Sameer Goel has been a Managing Director and Executive Director at Coromandel International Limited since October 1, 2015. Mr. Goel served as Country Head for India at Cipla Limited since January 20, 2...
CEO Compensation Analysis
Compensation vs Market: Sameer's total compensation ($USD672.04K) is about average for companies of similar size in the Indian market ($USD774.66K).
Compensation vs Earnings: Sameer's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 5.17yrs | ₹49.61m | 0.031% ₹ 71.3m | |
| CFO & Executive VP | 3.08yrs | ₹22.20m | no data | |
| Executive Vice President of Technology | no data | ₹10.44m | 0.0032% ₹ 7.4m | |
| Executive Vice President of Marketing - Fertilisers & Organic | no data | ₹12.26m | 0.0016% ₹ 3.6m | |
| Executive VP & Head of Human Resources | 5.17yrs | ₹14.10m | 0.0044% ₹ 10.2m | |
| Executive VP & Head of Commercial | no data | ₹16.74m | 0.0090% ₹ 21.0m | |
| Head of Retail & Executive VP | no data | ₹15.53m | 0.011% ₹ 25.4m | |
| President of Fertilisers | no data | ₹20.63m | 0.015% ₹ 35.1m | |
| Senior VP & Head of Corporate Strategic Planning | 13.58yrs | ₹10.76m | 0.0010% ₹ 2.4m | |
| Executive VP & Head of Manufacturing - Fertilisers | no data | ₹12.10m | 0.0013% ₹ 3.1m | |
| Senior VP and Head of R&D - CPC | no data | ₹11.42m | 0% ₹ 0 | |
| Executive VP & Head of Crop Protection | 4.92yrs | ₹10.96m | no data |
5.2yrs
Average Tenure
54.5yo
Average Age
Experienced Management: COROMANDEL's management team is seasoned and experienced (5.2 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD & Executive Director | 5.17yrs | ₹49.61m | 0.031% ₹ 71.3m | |
| Chairman | 0.083yr | ₹16.89m | 0.040% ₹ 93.9m | |
| Non-Executive Director | 13.92yrs | ₹1.51m | 0.045% ₹ 103.6m | |
| Additional Women Independent Director | 2.33yrs | ₹1.45m | no data | |
| Additional Director | 0.083yr | no data | 0.035% ₹ 81.9m | |
| Non-Executive & Independent Director | 6.67yrs | ₹1.54m | no data | |
| Additional Director | 0.083yr | no data | no data | |
| Non-Executive & Independent Director | 4.75yrs | ₹1.57m | no data | |
| Independent Director | 2.17yrs | ₹1.25m | no data | |
| Independent Director | 2.17yrs | ₹1.45m | no data |
2.3yrs
Average Tenure
61.5yo
Average Age
Experienced Board: COROMANDEL's board of directors are not considered experienced ( 2.3 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: COROMANDEL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Coromandel International Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Coromandel International Limited
- Ticker: COROMANDEL
- Exchange: NSEI
- Founded: 1961
- Industry: Fertilizers and Agricultural Chemicals
- Sector: Materials
- Market Cap: ₹232.265b
- Shares outstanding: 293.21m
- Website: https://www.coromandel.biz
Number of Employees
Location
- Coromandel International Limited
- Coromandel House
- 1-2-10, Sardar Patel Road
- Secunderabad
- 500003
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 506395 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jun 1995 |
| COROMANDEL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jun 1995 |
Biography
Coromandel International Limited manufactures and sells farm inputs in India. The company operates in two segments, Nutrient and Other Allied Business; and Crop Protection. It offers phosphatic fertilizers...
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/12/04 12:09 |
| End of Day Share Price | 2020/12/04 00:00 |
| Earnings | 2020/09/30 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.