Coromandel International
Market Cap
₹139.3b
Last Updated
2019/11/13 12:52 UTC
Data Sources
Company Financials +
Executive Summary
Coromandel International Limited manufactures and sells farm inputs in India.
Snowflake
Fundamentals
Outstanding track record with excellent 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's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
1.4%
COROMANDEL
-1.8%
IN Chemicals
-0.6%
IN Market
1 Year Return
11.9%
COROMANDEL
11.2%
IN Chemicals
5.0%
IN Market
Return vs Industry: COROMANDEL matched the Indian Chemicals industry which returned 11.2% over the past year.
Return vs Market: COROMANDEL exceeded the Indian Market which returned 5% over the past year.
Shareholder returns
| COROMANDEL | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.4% | -1.8% | -0.6% |
| 30 Day | 16.8% | 1.8% | 5.9% |
| 90 Day | 37.9% | 10.5% | 8.2% |
| 1 Year | 13.6%11.9% | 14.0%11.2% | 7.0%5.0% |
| 3 Year | 102.1%93.7% | 60.9%54.3% | 36.1%29.2% |
| 5 Year | 57.5%45.9% | 118.5%101.9% | 38.6%25.8% |
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
23 hours ago | Simply Wall St
Is Coromandel International Limited's (NSE:COROMANDEL) CEO Being Overpaid?1 week ago | Simply Wall St
The of Coromandel International Limited (NSE:COROMANDEL), T. Raghavan, Just Sold 34% Of Their Holding1 week ago | Simply Wall St
If You Like EPS Growth Then Check Out Coromandel International (NSE:COROMANDEL) Before It's Too LateValuation
Is Coromandel International undervalued compared to its fair value and its price relative to the market?
16.74x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: COROMANDEL (₹475.45) is trading above our estimate of fair value (₹398.67)
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 (16.7x) compared to the Chemicals industry average (11.1x).
PE vs Market: COROMANDEL is poor value based on its PE Ratio (16.7x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: COROMANDEL is poor value based on its PEG Ratio (1.2x)
Price to Book Ratio
PB vs Industry: COROMANDEL is overvalued based on its PB Ratio (3.7x) compared to the IN Chemicals industry average (1.1x).
Next Steps
Future Growth
How is Coromandel International forecast to perform in the next 1 to 3 years based on estimates from 9 analysts?
13.8%
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: COROMANDEL's forecast earnings growth (13.8% per year) is above the savings rate (7.6%).
Earnings vs Market: COROMANDEL's earnings (13.8% per year) are forecast to grow slower than the Indian market (19% per year).
High Growth Earnings: COROMANDEL's earnings are forecast to grow, but not significantly.
Revenue vs Market: COROMANDEL's revenue (8.2% per year) is forecast to grow slower than the Indian market (11.2% per year).
High Growth Revenue: COROMANDEL's revenue (8.2% 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 (22.3%)
Next Steps
Past Performance
How has Coromandel International performed over the past 5 years?
17.8%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: COROMANDEL has high quality earnings.
Growing Profit Margin: COROMANDEL's current net profit margins (6.6%) are higher than last year (5.6%).
Past Earnings Growth Analysis
Earnings Trend: COROMANDEL's earnings have grown by 17.8% per year over the past 5 years.
Accelerating Growth: COROMANDEL's earnings growth over the past year (19%) exceeds its 5-year average (17.8% per year).
Earnings vs Industry: COROMANDEL earnings growth over the past year (19%) exceeded the Chemicals industry 14.4%.
Return on Equity
High ROE: COROMANDEL's Return on Equity (21.9%) is considered high.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Coromandel International's financial position?
Financial Position Analysis
Short Term Liabilities: COROMANDEL's short term assets (₹74.2B) exceeds its short term liabilities (₹54.9B)
Long Term Liabilities: COROMANDEL's short term assets (74.2B) exceeds its long term liabilities (4.6B)
Debt to Equity History and Analysis
Debt Level: COROMANDEL's debt to equity ratio (45.4%) is considered high
Reducing Debt: COROMANDEL's debt to equity ratio has reduced from 86.9% to 45.4% over the past 5 years.
Debt Coverage: COROMANDEL's debt is well covered by operating cash flow (71.4%).
Interest Coverage: COROMANDEL's interest payments on its debt are well covered by EBIT (6.8x coverage).
Balance Sheet
Inventory Level: COROMANDEL has a high level of physical assets or inventory.
Debt Coverage by Assets: COROMANDEL's debt is covered by short term assets (assets are 4.3x debt).
Next Steps
Dividend
What is Coromandel International's current dividend yield, its reliability and sustainability?
1.37%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: COROMANDEL's dividend (1.37%) is higher than the bottom 25% of dividend payers in the Indian market (0.56%).
High Dividend: COROMANDEL's dividend (1.37%) is low compared to the top 25% of dividend payers in the Indian market (2.36%).
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 low payout ratio (12.3%), COROMANDEL's dividend payments are thoroughly covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: COROMANDEL's dividends in 3 years are forecast to be well covered by earnings (22.5% payout ratio).
Next Steps
Management
What is the CEO of Coromandel International's salary, the management and board of directors tenure and is there insider trading?
4.1yrs
Average management tenure
CEO
Sameer Goel (56yo)
4.1yrs
Tenure
₹48,428,353
Compensation
Mr. Sameer Goel has been a Managing Director and Director at Coromandel International Limited since October 1, 2015. Mr. Goel started his career in 1987 with GlaxoSmithKline Consumer Healthcare (GSK) as Ar ...
CEO Compensation Analysis
Compensation vs Market: Sameer's total compensation ($USD674.85K) is about average for companies of similar size in the Indian market ($USD603.17K).
Compensation vs Earnings: Sameer's compensation has been consistent with company performance over the past year.
Management Age and Tenure
4.1yrs
Average Tenure
56yo
Average Age
Experienced Management: COROMANDEL's management team is considered experienced (4.1 years average tenure).
Board Age and Tenure
4.1yrs
Average Tenure
64.5yo
Average Age
Experienced Board: COROMANDEL's board of directors are considered experienced (4.1 years average tenure).
Insider Trading
Insider Buying: COROMANDEL insiders have only sold shares in the past 3 months.
Recent Insider Transactions
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹465.81 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹476.38 |
| Entity | Individual |
| Shares | 65,456 |
| Max Price | ₹418.15 |
| Entity | Company |
| Shares | 20,460 |
| Max Price | ₹418.15 |
| Entity | Company |
| Shares | 95,313 |
| Max Price | ₹436.95 |
| Entity | Company |
| Shares | 216,217 |
| Max Price | ₹436.95 |
| Entity | Individual |
| Shares | 10,371 |
| Max Price | ₹436.95 |
| Entity | Individual |
| Shares | 36,675 |
| Max Price | ₹417.70 |
| Entity | Individual |
| Shares | 1,608 |
| Max Price | ₹481.89 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹505.00 |
| Entity | Individual |
| Shares | 3,300 |
| Max Price | ₹482.35 |
| Entity | Individual |
| Shares | 5,000 |
| Max Price | ₹480.00 |
| Entity | Company |
| Shares | 65,101 |
| Max Price | ₹480.10 |
| Entity | Company |
| Shares | 2,818 |
| Max Price | ₹480.10 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 65,101 |
| Max Price | ₹480.10 |
| Entity | Individual |
| Shares | 11,820 |
| Max Price | ₹479.40 |
| Entity | Company |
| Shares | 3,300 |
| Max Price | ₹482.35 |
| Entity | Individual |
| Shares | 4,665 |
| Max Price | ₹493.42 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹501.20 |
| Entity | Individual |
| Shares | 7,500 |
| Max Price | ₹480.00 |
| Entity | Individual |
| Shares | 2,450 |
| Max Price | ₹479.81 |
| Entity | Individual |
| Shares | 3,000 |
| Max Price | ₹460.00 |
| Entity | Company |
| Shares | 443,252 |
| Max Price | ₹450.25 |
| Entity | Company |
| Shares | 378,150 |
| Max Price | ₹450.25 |
| Entity | Company |
| Shares | 65,102 |
| Max Price | ₹450.25 |
| Entity | Individual |
| Role | Member of the Board of Directors Non-Executive Director |
| Shares | 65,102 |
| Max Price | ₹450.25 |
| Entity | Individual |
| Shares | 65,102 |
| Max Price | ₹450.25 |
| Entity | Individual |
| Shares | 378,150 |
| Max Price | ₹450.25 |
| Entity | Individual |
| Shares | 3,999 |
| Max Price | ₹446.38 |
| Entity | Individual |
| Shares | 2,500 |
| Max Price | ₹452.67 |
| Entity | Individual |
| Shares | 2,101 |
| Max Price | ₹446.50 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹415.75 |
| Entity | Individual |
| Shares | 2,000 |
| Max Price | ₹406.50 |
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Management Team
Murugappan Murugappan (64yo)
Executive Chairman
- Tenure: 1.8yrs
- Compensation: ₹20.13m
P. Varadarajan
Senior VP of Legal
- Tenure: 6.4yrs
- Compensation: ₹8.37m
Seshadri Govindarajan (56yo)
Executive VP & Head of Commercial
- Tenure: 0yrs
G. Veerabhadram (61yo)
President of Crop Protection
- Tenure: 0yrs
Arun George (52yo)
Head of Retail & Executive VP
- Tenure: 0yrs
S. Sankarasubramanian (50yo)
President of Fertilisers
- Tenure: 0yrs
Kalidas Pramanik (51yo)
Executive Vice President of Marketing - Fertilisers & Organic
- Tenure: 0yrs
Jayashree Satagopan (51yo)
CFO & Executive VP
- Tenure: 2yrs
- Compensation: ₹17.92m
Sameer Goel (56yo)
MD & Executive Director
- Tenure: 4.1yrs
- Compensation: ₹48.43m
B. Rao (58yo)
Executive VP & Head of Human Resources
- Tenure: 4.1yrs
Board Members
Bodanapu Venkat Rama Reddy (69yo)
Non-Executive & Non-Independent Director
- Tenure: 11.8yrs
- Compensation: ₹1.06m
Murugappan Murugappan (64yo)
Executive Chairman
- Tenure: 1.8yrs
- Compensation: ₹20.13m
Arunachalam Vellayan (66yo)
- Tenure: 0yrs
- Compensation: ₹16.89m
Muthiah Venkatachalam (61yo)
Non-Executive Director
- Tenure: 12.8yrs
- Compensation: ₹1.01m
Aruna Advani (65yo)
Additional Women Independent Director
- Tenure: 1.3yrs
- Compensation: ₹604.73k
V. Ravichandran (63yo)
Vice Chairman
- Tenure: 8.3yrs
- Compensation: ₹965.00k
Prasad Chandran (67yo)
Non-Executive & Independent Director
- Tenure: 5.6yrs
- Compensation: ₹1.08m
Sameer Goel (56yo)
MD & Executive Director
- Tenure: 4.1yrs
- Compensation: ₹48.43m
Sumit Bose (65yo)
Non-Executive & Independent Director
- Tenure: 3.7yrs
- Compensation: ₹1.08m
Nagarajan Ramamurthy (60yo)
Independent Director
- Tenure: 1.1yrs
- Compensation: ₹448.97k
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: ₹139.269b
- Shares outstanding: 292.61m
- Website: https://www.coromandel.biz
Number of Employees
Location
- Coromandel International Limited
- Coromandel House
- 1-2-10, Sardar Patel Road
- Secunderabad
- Andhra Pradesh
- 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 | 2019/11/13 12:52 |
| End of Day Share Price | 2019/11/13 00:00 |
| Earnings | 2019/09/30 |
| Annual Earnings | 2019/03/31 |
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.